Marvel Gold Ltd · ASX:MVL

Marvel Gold — Investor Presentation (November 2021)

21 slides from Marvel Gold's investor presentation, Nov 26, 2021

  1. Slide 1: Corporate Presentation

    For personal use only Corporate Presentation November 2021 ASX: MVL

  2. Slide 2: Disclaimer

    DISCLAIMER For personal use only This presentation (Presentation) has been prepared by Marvel Gold Limited (Marvel). No party other than Marvel has authorised or caused the Tabakorole Mineral Resources Estimate issue of this document, or takes responsibility for, or makes any statements, representat

  3. Slide 3: Exciting Future as Pure-Play Gold Company

    EXCITING FUTURE AS PURE-PLAY GOLD COMPANY ASSESSING OPTIONS ON ~$26M LISTED INVESTMENT For personal use only Large resource Excellent metallurgy Expected low strip ratio +1Moz and growing Average recoveries of 97%2 Mineralisation from surface, indicate simple, processing route consistent thicknesses

  4. Slide 4: Corporate Overview

    CORPORATE OVERVIEW SIGNIFICANT LISTED INVESTMENT, LOW GOLD ENTERPRISE VALUE For personal use only Phil Hoskins Managing Director Mr. Hoskins is a senior executive with broad finance and commercial experience across resources exploration, CAPITAL STRUCTURE project development and production as well a

  5. Slide 5: Valuation Upside as Resource Continues to Grow

    VALUATION UPSIDE AS RESOURCE CONTINUES TO GROW SIGNIFICANT DISCOUNT TO GOLD PEERS For personal use only $120 $100 EV/Resource Ounce (A$/oz) $77 $52 $11 $- Oklo Resources Chesser Resources Cora Gold Marvel Gold (ASX:OKU) (ASX:CHZ) (AIM:CORA) (ASX:MVL) See Appendix 3 for further information. MARVEL GO

  6. Slide 6: Project Location

    PROJECT LOCATION A FOCUS ON SOUTHERN MALI For personal use only EXCELLENT PROJECT ACCESS • Projects accessed via 170km sealed road from Bamako to Bougouni • Each project located ~60km from Bougouni on unsealed roads • Bougouni is a major regional centre with grid power and airstrip • All projects ha

  7. Slide 7: Tabakorole Location

    TABAKOROLE LOCATION LOCATED NEAR THE BANNIFIN SHEAR ZONE IN SOUTHERN MALI For personal use only TABAKOROLE GEOLOGY • Large splay off the Bannifin Shear Zone (similar to the 7.5 Moz Morila mine) • Deposit hosted in volcaniclastic sediments and mafic rocks • Near-deposit soil geochemistry completed –

  8. Slide 8: Tabakorole Exploration Potential

    TABAKOROLE EXPLORATION POTENTIAL STRATEGIC LANDHOLDING IN AN UNDEREXPLORED STRUCTURAL CORRIDOR For personal use only GROWING A STRATEGIC LANDHOLDING • +800km2 acquired over 12 months via JVs / purchase • Discussions continuing with licence holders in prospective, underexplored corridor REGIONAL EXPL

  9. Slide 9: Tabakorole Exploration Potential: A Strong Pipeline of Targets

    TABAKOROLE EXPLORATION POTENTIAL A STRONG PIPELINE OF TARGETS For personal use only REGIONAL GOLD MINERALISATION PROVIDES PROOF OF ENDOWMENT • T1 target includes 14m at 9.8 g/t gold1 • 2021 AC drilling hit 4m at 2.7 g/t gold2 (ending in mineralization) • Gold mineralization north of Astro trend – Co

  10. Slide 10: Astro Trend

    ASTRO TREND DRILLING SHEAR ZONES WITH MULTI-ELEMENT SUPPORT1 For personal use only TARGET 1 • Discrete magnetic anomaly with multi-element support (800m x 800m) • Approximately 500m south of known mineralization at Garalo TARGET 2 • Large shear zone indicated by magnetics with multi-element anomalis

  11. Slide 11: 2021 Tabakorole Resource

    2021 TABAKOROLE RESOURCE PARALLEL LODES ENHANCE OPEN-PIT MINING POTENTIAL For personal use only SUBSTANTIAL BASELOAD • 1.025Moz and growing SHALLOW • 70% (715koz) within 150m of surface LOW STRIP RATIO EXPECTED • Mineralisation from surface, consistent thicknesses • New shallow, higher-grade paralle

  12. Slide 12: Tabakorole North-West

    TABAKOROLE NORTH-WEST PARALLEL ZONE REMAINS OPEN For personal use only • Newly discovered zone potentially up to 800m long • Infill RC drilling planned in 2022 1. ASX announcement 16 August 2021. MARVEL GOLD • ASX:MVL 12

  13. Slide 13: Tabakorole 2021 JORC Resource

    TABAKOROLE 2021 JORC RESOURCE +1MOZ FROM SURFACE WITH CONSISTENT STRIKE For personal use only Indicated Inferred Total Category Tonnage (Mt) Au Grade (g/t) Au Metal (koz) Tonnage (Mt) Au Grade (g/t) Au Metal (koz) Tonnage (Mt) Au Grade (g/t) Au Metal (koz) Oxide 1.4 1.2 50 1.3 1.3 55 2.7 1.3 110 Fre

  14. Slide 14: Excellent Metallurgy

    EXCELLENT METALLURGY HIGH RECOVERIES FROM FRESH ROCK SAMPLES INDICATE SIMPLE PROCESSING1 For personal use only • Bottle roll testwork on 4 fresh ore composite samples confirm GRIND GOLD CONSUMPTION non-refractory metallurgical characteristics SAMPLE ID SIZE LEACH CALCULATED NaCN LIME (µm) RESIDUE (g

  15. Slide 15: Our CSR Commitment

    OUR CSR COMMITMENT COMMUNITY ENGAGEMENT AHEAD OF PLANNED 2022 PROJECTS For personal use only Marvel’s priority is to add value to the society and communities in which we operate Marvel believes that environmental stewardship and social responsibility is integral to the success of its business We str

  16. Slide 16: Why Invest?

    WHY INVEST? MARVEL REPRESENTS AN OUTSTANDING VALUE INVESTMENT For personal use only Exposure to an emerging West African gold story and a world-class graphite investment WEST AFRICAN GOLD 1 million ounces and growing Expansive drill program under way WORLD-CLASS GRAPHITE $26M investment (31%) MARVEL

  17. Slide 17: Appendices

    For personal use only APPENDICES

  18. Slide 18: Appendix 1: Marvel's 31% Shareholding in EV1

    APPENDIX 1: MARVEL’S 31% SHAREHOLDING IN EV1 BACKED BY LEADING ESG FUND, ARCH SRF For personal use only Fully permitted for construction Granted Mining Licence and Environmental Approvals Robust, deliverable DFS A$21M spent to date Globally significant product quality Flake size + performance in val

  19. Slide 19: Appendix – Marvel Joint Ventures

    APPENDIX 2 – MARVEL JOINT VENTURES SUMMARY OF TERMS For personal use only JV Counterparty Altus Strategies Oklo Resources Tabakorole (100km2), Npanyala, Sirakoroble Projects Lakanfla Tabakorole (200km2), Yanfolila and Kolondieba Sud Drill 1,500m and publish JORC resource for Drill 3,500m for 33% Sta

  20. Slide 20: Detailed Gold Peer Comparison Analysis and References

    APPENDIX 3 DETAILED GOLD PEER COMPARISON ANALYSIS AND REFERENCES For personal use only Company Name Marvel Gold1 Oklo Resources Cora Gold Chesser Resources Ticker MVL OKU CORA CHZ Market cap (A$M) 24/11/2021 40 76 50 68 Cash 4 8 8 7 Listed investments 26 1 - - Enterprise value (A$M) 11 67 42 61 Reso

  21. Slide 21: For personal use only

    For personal use only Level 1, Emerald House, 1202 Hay Street Telephone: +61 8 9200 4960 West Perth WA 6005 Australia Facsimile: +61 8 9200 4961 Email: info@marvelgold.com.au

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