Maronan Metals Ltd · ASX:MMA
Maronan Metals — RIU Gold Coast Investment Showcase 2024
18 slides from Maronan Metals's conference presentation, Jun 19, 2024
Slide 1: The Maronan Deposit
The Maronan Deposit One of Australia’s Largest and Highest-Grade Undeveloped Silver Resources Presented by: Richard Carlton, MD 19 June 2024 ASX CODE: MMA RIU Gold Coast Investment Showcase
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer GENERAL These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Maronan Metals Limited (Company) as at 19/06/2024 and statements are current only as at that date. Information in the Presentati
Slide 3: Growing Demand for Silver
Growing Demand for Silver Unprecedented shortages as demand outpaces supply* Silver Price • Both a precious and an industrial metal in AUD/0z • Forecast industrial use is exponential • In solar panels and as silver solder for electrification • Washington-based Silver Institute* For the third in a ro
Slide 4: Corporate Summary
Corporate Summary ASX Code Shares on Issue Share Price (17 Jun 24) Market Cap Cash (at 31 Mar 24)* MMA 201,246,843 24.5c $49.3M $1.46M Board Of Directors & Senior Management Share Price & Trade Volume: 18/06/2023 − 17/06/2024 Simon Bird Non-Exec Chairman Richard Carlton Managing Director Robert Ruth
Slide 5: Why Invest in Maronan?
Why Invest in Maronan? Located in mining friendly region • Qld’s rich Northwest Minerals Province World class deposits with silver • Favourable access to infrastructure: • Cloncurry 65km, Mt Isa, 120km, Townsville 770km • 4km from sealed highway • Options for rail and port Dugald River Large Resourc
Slide 6: Why Invest in Maronan?
Why Invest in Maronan? Favourable mining attributes • 4 discreet mineralised zones • Excellent: • Mineralisation geometry • Scheduling optionality Project development • Maiden Indicated Resource • Positive Metallurgical results • Baseline environmental work started Maronan Investor Presentation | Ma
Slide 7: JORC Compliant Mineral Resources − updated March 2024
JORC Compliant Mineral Resources − updated 12 March 2024 Silver−Lead resource* • 32.1Mt @ 6.1% Pb, 107g/t Ag (>3%Pb cutoff) incl: Indicated Resource • Starter Zone Indicated – 2Mt @ 5.3% Pb, 155g/t Ag • Starter Zone Inferred – 9Mt @ 5.3% Pb, 101g/t Ag • Outside Starter Zone Inferred – 21Mt @ 6.5% Sh
Slide 8: Maronan – 3D Ore Block Models
Maronan – 3D Ore Block Models Eastern Horizons Copper-Gold Zone (2015) Starter Zone Northern Fold Cu-Au Zone 1,200m Expanded Copper Shell (2023 Drilling) Eastern & Western 1000 m Pb-Ag Horizons 1000m Western Horizons O PE N O PE N Source: ASX:RDM 8 March 2016 – Maronan Deposit – Preliminary Mine Sco
Slide 9: Silver-Lead Resource Evolution
Silver-Lead Indicated Resource Resource Evolution Shallow Starter Zone 2015 Resource Model showing: • Pre-2022 Drilling • Designated Shallow Starter Zone Maronan Metals – RIU Gold Coast Investment Showcase | June 2024 9
Slide 10: Silver-Lead Resource Evolution
Silver-Lead Indicated Resource Resource Evolution The 2022/23 drilling campaign: • 33 holes including 23 in the Shallow Starter Zone Shallow Starter Zone • 16,784 metres • Tested deep extensions, confirmed mineralisation continues Silver-Lead and Copper-Gold beyond 1,200m depth • Main focus Shallow
Slide 11: Silver-Lead Resource Evolution
Silver-Lead Indicated Resource Resource Evolution 2015 Resource Model plus: • Designated Shallow Starter Zone with included Indicated Shallow Starter Zone Resource and all drilling on the Project to date • Indicated: 2.1Mt 5.3% Lead, 155g/t Silver • Inferred: 9Mt 5.3% Lead, 101g/t Silver Maronan Met
Slide 12: Shallow Starter Zone – Eastern Horizon Long Section & Cross Section
Shallow Starter Zone – Eastern Horizon Long Section & Cross Section • Any future mine is likely to access first ore from the Starter Zone • Closer spaced drilling shows strong continuity and steep plunge control • Mineralisation now comes within only 90m of surface • Infill drilling has added value
Slide 13: Copper-Gold Resource
Copper-Gold Resource Indicated Resource 2024 Copper-Gold model with all Project drilling to date. • 32.5Mt @ 0.84g/t Cu, 0.61g/t Shallow Starter Zone Au and 7g/t Ag • Material type: Copper Focus Area Higher grades and • Weathered – 5% broad intervals of mineralisation • Transitional – 20% • Fresh –
Slide 14: Metallurgical Results from Sighter Tests
Metallurgical Results from Sighter Tests* • Preliminary flotation work on the two separate silver-lead ore types have returned: • Strong recoveries of both silver and lead • Lead concentrates with exceptionally high silver grades (932-1485 g/t), underlining their strong revenue potential • Comminuti
Slide 15: 2024 Drilling and Project Development Plan
2024 Drilling and Project Development Plan Building on the successful 2022/23 drilling campaign, options for the next phase of development campaign have been assessed. The emphasis of the next phase of work: • Complete the internal Scoping Study targeting a +8 year Life of Mine • Shallow Starter Zon
Slide 16: 2024 Drilling Program
2024 Drilling Program • Main aim is to grow of indicated resource within the Starter Zone • 9 holes testing down plunge Eastern Horizon (green) • 4 holes into the Western Horizon (blue) targeting high grade mineralisation • 3 holes (purple) targeting under- drilled near surface extensions Maronan Me
Slide 17: Near Term Activity and News Flow
Near Term Activity and News Flow Technical studies Update 2016 Execute 2024 • Metallurgy scoping study with drilling program – • Geotechnical new resource and Starter Zone • Infrastructure costs Permitting Progress Build public profile • Stakeholders opportunities to add of the Project - RIU value t
Slide 18: Contact Us
Contact Us Maronan Metals Limited Level 15, 323 Castlereagh Street, Sydney, NSW 2101 www.maronanmetals.com.au Phone +61 2 9281 1805 info@maronanmetals.com.au This presentation has been approved for release by the Board of Maronan Confidential Metals Limited – 19 June 2024 Maronan Metals – RIU Gold C
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