Magna Mining Inc · TSX:NICU
Magna Mining — Investor Presentation (November 2024)
22 slides from Magna Mining's investor presentation, Nov 14, 2024
Slide 1: Copper & Nickel Production in North America's Premier Mining District
TSXV: NICU COPPER & NICKEL PRODUCTION IN NORTH AMERICA’S PREMIER MINING DISTRICT November 2024 September [•], 2024 www.magnamining.com
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS No Advertisement or Solicitation This presentation is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of these securities in Canada, the United States or any other jurisdiction. No securities commission or similar autho
Slide 3: The Sudbury Advantage
THE SUDBURY ADVANTAGE OVER 100 YEARS OF MINING HISTORY INFRASTRUCTURE & PROCESSING FACILITIES LOW-COST ACCESS TO EXPLORATION AND DEVELOPMENT SOCIAL LICENSE TO OPERATE WORLD CLASS MINERAL ENDOWMENT
Slide 4: Magna Mining Growth Pipeline
MAGNA MINING GROWTHPIPELINE GROWTH PIPELINE EXPLORATION 0 PROVEN MANAGEMENT TEAM
Slide 5: Property Locations
PROPERTY LOCATIONS Exclusive location: Alongside Vale and Glencore, Magna will be the only other company with a producing mine and a multi-asset CREATION portfolio of OF A PRODUCING, mining HIGH-GROWTH properties in one of CANADIAN Canada’s oldest and COPPER most prestigious AND NICKEL MINING COMPAN
Slide 6: Magna Mining's Production Pipeline
MAGNA MINING’S PRODUCTION PIPELINE Pipeline of projects: Magna now has a portfolio of low capex, Production MCCREEDY WEST brownfield or past producing assets that can provide a platform for significant production growth for the next 5 years LEVACK CREAN HILL Permitted Bootstrapped production plan: S
Slide 7: Combined Resources
COMBINED RESOURCES Extensive existing resources, plus the potential to convert significant historical resources, represent an opportunity to build a new Canadian mid-tier producer with long mine life assets and decades of potential new copper, nickel and PGM production ahead. Total contained metal:
Slide 8: Under-explored Sudbury Breccia Trend
McCREEDY WEST - LEVACK FOOTWALL EXPLORATION FNX30678 30.3% Cu, 4.0 g/t Pt+Pd+Au over 0.6 m 700 Cu PM Zone Morrison Deposit Under-explored Sudbury Breccia Trend FNX20578 FNX7150 3.4% Ni, 14.3% Cu, 4.0% Ni, 3.1% Cu, 23.5 g/t Pt+Pd+Au 31.4 g/t Pt+Pd+Au over 1.7 m over 1.9 m
Slide 9: Levack | Exploration Upside
LEVACK | EXPLORATION UPSIDE Keel Zone FNX20131 3.7% Ni, 5.5% Cu, 855710 1.7 g/t Pt+Pd+Au 0.3% Ni, 31.0% over 7.3 m Cu, 12.4 g/t Pt+Pd+Au over 1.4 m No. 3 FW Zone FNX6616 2.1% Ni, 12.3% Cu, 62.1 g/t Pt+Pd+Au over 1.8 m FNX6647 1.9% Ni, 20.4% Morrison Footwall Cu, 7.6 g/t Cu -PGE Deposit Pt+Pd+Au over
Slide 10: Crean Hill Footwall Exploration
CREAN HILL FOOTWALL EXPLORATION 9400 Zone Main LM01821 Zone 1.1% Ni, 0.9% Cu, 18.9 g/t Pt+Pd+Au 3150 Sudbury over 14.8m Breccia Trend FW Structure In Progress Drillhole EM 1003410 0.3% Ni, 4.2% Cu, Conductor 433 g/t Pt+Pd+Au over 0.5m
Slide 11: Regional Exploration – Shakespeare
R E G I O N A L E X P LO R AT I O N – S H A K E S P E A R E
Slide 12: Capital Structure
CA P ITA L ST R U CT URE Management & Directors C U R R E N T CA P I TA L ST R U CT U R E 9% Institutional Retail 1 ~53% Issued & Outstanding 194,364,218 ~37% Options & RSU’s 10,665,700 Warrants 2 26,567,386 TOP SHAREHOLDERS Fully Diluted 231,594,304 Dundee Corporation 22% Hawkes Point LLC 11% Cash3
Slide 13: Why Invest in Magna Mining?
WHY INVEST IN MAGNA MINING? PROVEN OPERATING TEAM FOR THESE PROPERTIES POTENTIAL RE-RATING AS PRODUCER IN Q1 2025 STABLE MINING JURISDICTION WITH INFRASTRUCTURE TIER 1 EXPLORATION AND DISCOVERY POTENTIAL GROWTH PIPELINE TO BECOME SIGNIFICANT NEW COPPER PRODUCER
Slide 14: Upcoming Catalysts
UPCOMING CATALYSTS • Immediate producing status • Operational plans & production guidance KGHM Transaction Close • New 2025 drill program • Updated historical resource estimates • Crean Hill Footwall • Shakespeare Regional targets Ongoing Drilling • Production drilling at McCreedy • Exploration at L
Slide 15: Appendix – Mining for Our Future
APPENDIX MINING FOR OUR FUTURE TSXV: NICU Jason Jessup, CEO Paul Fowler, Senior Vice President Jason.Jessup@magnamining.com Paul.Fowler@magnamining.com www.magnamining.com
Slide 16: Management
MANAGEMENT Jason Jessup, MBA - CEO & Director Jason has over 25 years of experience in the mining industry comprising operations management, corporate development and project evaluation. Formerly FNX Mining, Sandstorm Gold, Premier Royalty, and INCO. Paul Fowler, CFA - Senior Vice President Paul is
Slide 17: Transaction Highlights
TRANSACTION HIGHLIGHTS ACQUISITION OF A MULTI-ASSET PORTFOLIO Purchase of a multi-asset portfolio of Sudbury properties from KGHMI (previously owned & operated by FNX Mining): • Producing Mine: McCreedy West • Care & Maintenance Mines: Levack & Podolsky • Past Producing Mine: Kirkwood • Additional E
Slide 18: Crean Hill – Overview
CREAN HILL – OVERVIEW PAST PRODUCING MINE, BROWNFIELD SITE • A past producing mine for INCO • Short timelines to production re-start • Proximity to existing infrastructure Crean Hill Project Underground Mineral Resource Estimate 1, April 15, 2024 SIGNIFICANT RESOURCE & LONG MINE LIFE Cut-off Cu Ni C
Slide 19: Directors and Strategic Advisors
DIRECTORS AND STRATEGIC ADVISORS V e r n B a k e r , P .E n g . , M B A C h a i r m a n Vern has +30 years of experience in the mining sector. He is currently the CEO of Jaguar Mining (TSX), previously served as General Manager of Goldcorp’s Cerro Negro Mine, VP Operations at FNX Mining, and Preside
Slide 20: KGHM Acquisition - Mineral Resources
KGHM ACQUISITION - MINERAL RESOURCES NI 43 101 MINERAL RESOURCE ESTMATE 1 McCreedy West Underground Mineral Resource Estimate, Dec 31, 2023 Cut-off Grade Tonnes Ni % Cu % Co % Pt g/t Pd g/t Au g/t Ag g/t Ni Eq % NiEq (%) Indicated 1.10 9,345,000 0.89 1.30 0.024 0.96 1.10 0.45 5.28 2.02 Inferred 1.10
Slide 21: McCreedy West Mineral Resources
McCREEDY WEST MINERAL RESOURCES MCCREEDY WEST NI 43 101 MINERAL RESOURCE ESTMATE BY ZONE 1 700 Zone Cut-off Grade Tonnes Ni % Cu % Co % Pt g/t Pd g/t Au g/t Ag g/t NiEq % NiEq (%) Indicated 1.1 5,230,000 0.7 1.92 0.014 1.08 1.17 0.57 6.48 2.16 Inferred 1.1 63,000 1.63 1.23 0.04 0.4 0.43 0.1 0.82 2.4
Slide 22: Notes on McCreedy West and Historical Mineral Resources
NOTES ON McCREEDY WEST AND HISTORICAL MINERAL RESOURCES McCreedy West Property Mineral Resource Estimate Notes: 1. The effective date of the McCreedy West Property Mineral Resource Estimate (MRE) is December 31, 2023. This is the close out date for the final mineral resource models and mine out mode