Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (July 2020)
12 slides from Metal Bank's investor presentation, Jul 20, 2020
Slide 1: Big Gold in Southeast Queensland
For personal use only BIG GOLD IN SOUTHEAST QUEENSLAND J U LY 2 0 2 0 ASX: MBK
Slide 2: Disclaimer
Disclaimer For personal use only Purpose of this document This presentation has been prepared by Metal Bank Limited (“MBK") for general information purposes only using the information available to MBK at the time of publication. No reliance The information contained in this presentation is not inves
Slide 3: The Opportunity
Metal Bank Limited The Opportunity For personal use only 8 Mile Project – Advanced exploration, near Mt Rawdon gold mine (2Moz) Eidsvold Project – Drill ready targets adjacent to a 100,000oz historical goldfield High quality large scale projects with multi-million-ounce potential 18Moz Gold Province
Slide 4: 8 Mile Advanced Gold Project
8 Mile Advanced Gold Project For personal use only Refer next page * Located near Mt Rawdon gold mine (2Moz) * Multiple large-scale gold targets along >3.6km mineralized corridor at Eastern Target *Refer MBK:ASX release 23 April 2020 Western Target and northern extensions of Eastern Target remain un
Slide 5: 8 Mile Flori's Find Prospect
8 Mile Flori’s Find Prospect For personal use only Advanced exploration, working into a bulk tonnage target Maiden Inferred Mineral Resource* 195,000t at 2.4 g/t Au using a 1 g/t Au cut-off Exploration Target* 3.6 to 5.1 Mt grading between 1.60 – 2.14 g/t Au for a total of 180,000 to 355,000 ounces-
Slide 6: Eidsvold Project Drill Ready Opportunity
Eidsvold Project Drill Ready Opportunity For personal use only Drill Ready 7km² Great Eastern Target Similar scale and geophysical response to 3M oz Au Mt Leyshon deposit Located close to the Eidsvold Goldfield (100,000 oz Au historical production) Surface geochemistry and geophysical studies comple
Slide 7: Eidsvold Project Large Scale Drill Ready Opportunity
Eidsvold Project Large Scale Drill Ready Opportunity For personal use only Coincident ultra-trace pathfinder geochemistry and low pH indicating mineralizing fluids and sulphides beneath sediment 3D geophysical modelling defines core and potentially mineralized alteration halo of the target Never bee
Slide 8: Corporate Activity
Corporate Activity Development and funding through alternative pathways For personal use only Sale of the Triumph project: Total potential consideration of $6.4 million Exposure to the upside with a 1% gross royalty to be granted to the Company Provides the opportunity to focus exploration and ca
Slide 9: Corporate Overview
Corporate Overview Metal Bank Limited For personal use only ASX: MBK Shares 882.8M Share price @ 15 July 1.0c Cash @ 30 June $500k* Market cap $9M Top 20 shareholders 55% Strong shareholder and Directors / Management 22% management support *Plus $400k for Triumph sale, subject to Minister’s approval
Slide 10: Experienced Team
Experienced Team With a track record of success For personal use only Inés Scotland – Executive Chair Former MD of Citadel Resource Group and CEO of Ivanhoe after working for large scale gold and copper companies in Australia, PNG, USA and the Middle East Trevor Wright – Exploration Manager Over 20
Slide 11: Looking Ahead
Looking Ahead Project execution and new opportunities For personal use only Strong potential for growth from 8 Mile and Eidsvold Considering new growth opportunities with focus on advanced projects and cash-flow generating assets An experienced team with a track record of success in discovery and de
Slide 12: Contact us
Metal Bank Limited contact us For personal use only ASX Code: MBK www.metalbank.com.au Inés Scotland Executive Chair Ines@metalbank.com.au 12