Metalquest Mining Inc · TSXV:MQM
Metalquest Mining — Investor Presentation (December 2024)
23 slides from Metalquest Mining's investor presentation, December 2024
Slide 1: Fall 2024 Corporate Presentation
Fall 2024 Corporate Presentation MetalQuest Mining A Strategic Metals Exploration Company
Slide 2: Disclaimers
DISCLAIMERS SAFE HARBOUR STATEMENT FORWARD-LOOKING STATEMENTS This report includes forward-looking statements covered by the Certain information presented, including discussions of future Private Securities Litigation Reform Act of 1995. Because such plans and operations, contains forward-looking st
Slide 3: A Strategic Metals Exploration and Development Company
A Strategic Metals Exploration and Development Company • MetalQuest Mining (MQM) is a diversified exploration and development company focused on developing one of North America’s largest Iron Ore Projects located in Quebec’s Labrador Trough. • MQM has a senior exploration and financial management te
Slide 4: A Strategic Metals Exploration and Development Company
A Strategic Metals Exploration and Development Company Lac Otelnuk Iron Ore Project, Labrador Trough, Quebec Murray Brook VMS Deposit, Bathurst Mining Camp, New Brunswick NAM GEOLOGISTS AT TRENCH 8 NORTH OF DANA NORTH ZONE NAM GEOLOGISTS AT TRENCH 8 NORTH OF DANA NORTH ZONE Q4 2024 4
Slide 5: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE ISSUED & SHAREHOLDERS 26,914,783 OUTSTANDING 3,695,999 OPTIONS 36% NONE WARRANTS • RETAIL – 64% 64% • MANAGEMENT – 36% $1.48 M MARKET CAP (CAD) $0.055 SHARE PRICE 2 2 as of October 2024 Q4 2024 MetalQuestMining.com • TSX.V: MQM • OTCQB: MQMIF • FSE: E7Q 5
Slide 6: Management and Board of Directors
Management and Board of Directors HARRY BARR CHAIRMAN & CEO Robert Guanzon Charlotte Brown Gordon Chunnet CHIEF FINANCIAL OFFICER CORPORATE SECRETARY DIRECTOR Gary Moore, MBA Faraz Rasheed Farid Mammadov DIRECTOR BUSINESS DEVELOPMENT EIT MARKETING AND COMMUNICATIONS Q4 2024 MetalQuestMining.com • TS
Slide 7: Lac Otelnuk Iron Ore Project
Lac Otelnuk Iron Ore Project Labrador Trough, Quebec, Canada Q4 2024 MetalQuestMining.com • TSX.V: MQM • OTCQB: MQMIF • FSE: E7Q
Slide 8: Project Outlook and Location
Project Outlook and Location • 100% owned by MetalQuest Mining. • One of the largest global iron ore deposits. More than 20 billion tonnes of known iron ore resources with near surface deposits and open-pt mining method. • Quebec is one of the world’s top ranked mining jurisdictions. • Approx. 165 K
Slide 9: Lac Otelnuk Project History
Lac Otelnuk Project History Q4 2024 MetalQuestMining.com • TSX.V: MQM • OTCQB: MQMIF • FSE: E7Q
Slide 10: Critical Minerals Project
Critical Minerals Project • High purity iron ore is now a critical mineral in Quebec and Canada. . • Just recently, Canadian federal government declared high-purity iron as a critical mineral in Canada. The following is an excerpt from the Critical Minerals List published by Canada. • First released
Slide 11: Lac Otelnuk vs Other Regional and Australian Major Iron Ore Mines
Lac Otelnuk vs Other Regional and Australian Major Iron Ore Mines Q4 2024 MetalQuestMining.com • TSX.V: MQM • OTCQB: MQMIF • FSE: E7Q
Slide 12: Property Description
Property Description Claim Ownership MetalQuest Mining (MQM) holds a total of 306 mineral claims in the delineated block, as shown in the figure. This includes a concentration of 75 strategically located claims in the central portion, encompassing the primary resource area. Geological Structure The
Slide 13: Historical Mineral Resource Estimate
Historical Mineral Resource Estimate The open-pit design for this project is focused on the central resource area and is expected to support a 30-year mine life based on current plans. However, historical studies, including the 2015 report, highlighted the potential for a 100-year mine life, indicat
Slide 14: Historical 2015 Feasibility Study
Historical 2015 Feasibility Study • The historic 2015 Feasibility Study (FS) for the Lac Otelnuk project outlined one of the largest undeveloped iron ore deposits globally, with the potential for a 100-year mine life under full development. • Focused initially on the central resource area, the study
Slide 15: Historical 2015 Feasibility Report Economic Analysis
Historical 2015 Feasibility Report Economic Analysis Description Units Results Production - Mineralization Mt 4,993 Production - Concentrate @ 68.5% Fe Mt 139,123.40 Revenue USD $B 135.8788 Capital Costs USD $B 14.1864 Before Taxes After Taxes Operating Costs USD $B 42.3608 Project IRR* 15.80% 13.00
Slide 16: First Nation Relationship and Community Development
First Nation Relationship and Community Development Exploration and Pre-Development Agreement with Naskapi First Nation of Kawawachikamach On December 12, 2023, MQM entered into an agreement with the Naskapi First Nation of Quebec, the traditional stewards of the land encompassing the Lac Otelnuk Ir
Slide 17: Proposed Rail Corridor Routing
Proposed Rail Corridor Routing • Based on MQM’s logistical requirements to access a year- round operational port for exporting iron ore to international markets, WGM has outlined the following three potential routes; • Lac Otelnuk to Happy Valley-Goose Bay • Lac Otelnuk to Sept-Îles • Lac Otelnuk to
Slide 18: Proposed Rail Corridor Routing
Proposed Rail Corridor Routing • The proposed rail infrastructure for the Lac Otelnuk project begins with a 152 km stretch of newly constructed track, connecting the site to the existing railhead at Schefferville, Quebec. From there, the network links to Rose Bay Junction, Labrador City, and Highway
Slide 19: Proposed Slurry Pipeline
Proposed Slurry Pipeline • MetalQuest Mining is looking into the cost of updating the slurry pipeline concept instead of a rail haulage system. A conceptual study was already done in the historic 2015-Feasibility Report to look for a slurry transportation regime from Lac Otelnuk all the way to Sept-
Slide 20: Recent Developments
Recent Developments • MQM has provided a Statement of Work (SoW) to several EPCMs and engineering consulting groups to provide us with quotes for a PEA+ study. The scope of this quote involves the following: • A full Preliminary Economic Assessment(PEA), moving on to updating the historical Feasible
Slide 21: Interesting Case Study in the Region: Cyclone Metals and Vale
Interesting Case Study in the Region: Cyclone Metals and Vale • Located approximately 100 kilometers south of the Lac Otelnuk Iron Ore Project, Vale and Cyclone Metals have initiated the development of their Iron Bear Project by signing a Memorandum of Understanding (MoU) on November 15, 2024. Under
Slide 22: Go-Forward Plan
Go-Forward Plan •Maintain regular communication with the Naskapi First Nation regarding the Company’s plans and progress. •Develop a budget and secure financing for a 30-40 month program to complete targeted mini-studies, advancing toward a new Preliminary Economic Assessment (PEA) or Pre-Feasibilit
Slide 23: Thank You
THANK YOU FOR MORE INFORMATION CONTACT US AT : 1-613-659-2773 info@mqmining.com SIGN UP TO RECEIVE COMPANY UPDATES : https://MetalQuestMining. com/ Icon A cloud in the sky Icon Icon Icon Description automatically generated Description automatically generated with medium Description automatically gen
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