Meridian Mining Plc · TSX:MNO
Meridian Mining — Investor Presentation (September 2020)
22 slides from Meridian Mining's investor presentation, September 2020
Slide 1: Building Brazil's Next Mid-Tier Copper Gold Developer
Meridian Mining S.E. TSX-V: MNO BUILDING BRAZIL’S NEXT MID-TIER COPPER GOLD DEVELOPER C ABAÇAL C OPPER G OLD S ILVER INTRODUCTION DISTRICT SCALE VOLCANIC MASSIVE SULPHIDE PROJECT SEPTEMBER 2020
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain of the statements made and information contained herein is “forward-looking information” within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitu
Slide 3: Cabaçal: Unlocking Near-Mine and District Cu-Au Potential
CABAÇAL: UNLOCKING NEAR-MINE AND DISTRICT CU-AU POTENTIAL VALUE DRIVERS: ADVANCED CU-AU PROJECT1 Located in the State of Mato Grosso A district scale Volcanogenic Massive Sulphide (“VMS”) project Exploration and mining tenure covers 18,460 Ha Multiple geochemical & geophysical anomalies iden
Slide 4: Cabaçal's History
CABAÇAL’S HISTORY 1983 BP discovery →1989 Rio Tinto corporate buy out →2005 Private-Co Brazil August →2020 Meridian Mining Cabaçal was discovered during a period when the oil majors explored for minerals as the oil price was ~USD 20.0 a barrel. When the world economies started to recover the oil maj
Slide 5: Cabaçal Timeline
CABAÇAL TIMELINE TIMING AND HISTORY ARE CRUCIAL IN MINING TRANSACTIONS AND VALUE CREATION 1983 BP Minerals 1987 Cabaçal Au-Cu-Ag 1989 BP Minerals sold 1991 Rio Tinto discovery UG mining starts to RTZ (Rio Tinto) closes Cabaçal Cu @ 0.75 USD lb-1 Cu @ 1.04 USD lb-1 Au @ 1057 USD Oz-1 Au @ 365 USD Oz-
Slide 6: Cabaçal: Identified Studied Known
CABAÇAL: IDENTIFIED STUDIED KNOWN GEOLOGY SCZ Cu-Au Location: Southern Amazonian Craton Local domain: Alto Jauru Greenstone belt Deposit type: Volcanogenic Massive Sulphide (“VMS”) Host units: Metamorphic volcanic and volcaniclastic sedimentary rocks (Upper Greenschist to lower Amphibolite facies) M
Slide 7: Cabaçal's Mineralization: Drilled and Mapped
CABAÇAL’S MINERALIZATION: DRILLED AND MAPPED This NE-SW cross section (~380 m) illustrates an ideal geometry for testing the open-pit development potential. Historical mining at Cabaçal indicated high-grade gold mineralisation is associated with steep structures requiring angled holes. * Intersectio
Slide 8: Cabaçal's Mineralization: Verification Drilling
CABAÇAL’S MINERALIZATION: VERIFICATION DRILLING Confirmation drilling in 2015 twinned and replicated the historical drill results. The Vendors summarized the BP results only for Cu-Au, while it is understood Ag-Pb-Zn were also analysed. Samples from the 2015 drilling campaign were analysed for Cu-Au
Slide 9: Cabaçal's Mineralization: Open Along Strike and At Depth
CABAÇAL’S MINERALIZATION: OPEN ALONG STRIKE AND AT DEPTH Cabaçal has shallow and open Cu-Au mineralization zone extending from near surface to ~175m depth, traced over 1.8 km in historical drilling, and open at depth and along strike. The VTEM survey has returned multiple anomalies, with significant
Slide 10: Cabaçal's Extensive Database and Exploration Upside
CABAÇAL’S EXTENSIVE DATABASE AND EXPLORATION UPSIDE The Cabaçal VMS project has an extensive historical database. “The cost to replicate the VMS exploration works completed across the Cabaçal project would be an expensive exercise in today’s market” Geological and geophysical Information recorded to
Slide 11: Cabaçal Option Agreement
CABAÇAL OPTION AGREEMENT A STRUCTURED OPTION AGREEMENT 1. PROTECTS SHAREHOLDERS EQUITY AND 2. GIVES VENDORS AN INTEREST GOING FORWARD The Cabaçal option agreement1 is to acquire a 100% beneficial interest for a total consideration of USD 8.75 M and 4.50 M Meridian shares (Table 1) The payments in ca
Slide 12: The Espigão Cu-Au Polymetallic Project
THE ESPIGÃO CU-AU POLYMETALLIC PROJECT LOCATION: State of Rondônia, HISTORY - FIRST PHASE: Typical early artisanal mining focused on surface high grade colluvial manganese and alluvial tin MERIDIAN OWNERSHIP: 100% of the Espigão exploration and mining licenses are wholly owned by Meridian’s 100% Bra
Slide 13: Espigão Polymetallic Project - Advanced But Un-Tested
ESPIGÃO POLYMETALLIC PROJECT- ADVANCED BUT UN-TESTED ESPIGÃO’S CU-AU POLYMETALLIC ANOMALIES1 HAVE UNDERLYING GEOPHYSICAL CONDUCTIVE AND MAGNETIC ANOMALIES • Magnetic anomalies are found along the same regional structural corridors hosting polymetallic vein systems • Electromagnetic (EM) conductive p
Slide 14: Espigão Gold – Extensive Surface Discoveries
ESPIGÃO GOLD – EXTENSIVE SURFACE DISCOVERIES ESPIGÃO GOLD ANOMALIES1 ARE LOCATED AT SURFACE • Anomalies at first discovery zones remain open; • The gold is structurally controlled with strong alteration; • Historical alluvial workings present; • Exploration plan is to: • Extend soil, stream sediment
Slide 15: Our Strategy for the Espigão Polymetallic Project
OUR STRATEGY FOR THE ESPIGÃO POLYMETALLIC PROJECT EXPLORE THE ~200 KM² ESPIGÃO GEOPHYSICAL / GEOCHEMICAL ANOMALIES: • Targeting multiple, intrusion related soil and geophysical anomalies within a 20km by 10 km core • Extensive soil and mapping program for polymetallic Cu-Au and associated Zn, Pb and
Slide 16: The Importance of the Geophysical/Geochemical Analogies
THE IMPORTANCE OF THE GEOPHYSICAL/GEOCHEMICAL- ANALOGIES THE ESPIGÃO POLYMETALLIC PROJECT HAS A PROBABLE UNDERLYING INTRUSIVE ORIGIN WITH NO SURFACE EXPRESSION Espigão soil anomalies are expressions of “drainage” from a targeted blind intrusive. Recent and historical industry geophysical and surface
Slide 17: Our Environmental Social & Corporate Governance
OUR ENVIRONMENTAL SOCIAL & CORPORATE GOVERNANCE MINING & EXPLORATION IS ALWAYS A LOCAL ACTIVITY Meridian thinks globally but acts locally: • 2020 adoption of the Equator Principles as a guiding document for future project development • Environmental and community relationships are managed directly b
Slide 18: Leading Community Based ESG
LEADING COMMUNITY BASED ESG BEING PART OF THE LOCAL COMMUNITY CORPORATE SOCIAL RESPONSIBILITY (CSR) program is implemented by a dedicated “local” in-house team and focuses on developing an open and transparent relationship with all community stakeholders . EXPLORATION AND EXTRACTION ACTIVITIES a
Slide 19: Experienced Executive Management
EXPERIENCED EXECUTIVE MANAGEMENT ADRIAN MCARTHUR VITOR BELO SORAIA MORAIS JOEL JULIO BRANDÃO CEO & Qualified Person Principle Brazilian Mining Chief Financial Officer Resident Manager Espigão Director of Brazilian Subsidiary Consultant Director of Brazilian Subsidiary Dr. Adrian McArthur has over 25
Slide 20: Developing a Dynamic Portfolio of Projects in Brazil
DEVELOPING A DYNAMIC PORTFOLIO OF PROJECTS IN BRAZIL CHARLES RIOPEL GILBERT CLARK ADRIAN MCARTHUR KATHERINE MACLEAN CHAIRMAN OF THE BOARD DIRECTOR CEO & DIRECTOR COMPANY SECRETARY Charles Riopel is an accomplished Gilbert Clark has 20 years of Dr. Adrian McArthur has over 25 years of Katherine Macle
Slide 21: Selected Financial Information
SELECTED FINANCIAL INFORMATION Meridian Mining Societas Europea Capital Structure (As of September 8, 2020) Price CAD No. of Securities Total Securities • Meridian Mining S.E. listed on the TSX Venture TSX-V:MNO Exchange (Ticker: MNO) Issued and Oustanding Shares 82 146 925 • 100% Canadian subsidiar
Slide 22: Contact Details
CONTACT DETAILS Dr. Adrian McArthur Chief Executive Officer Email: amcarthur@meridianmining.net.br Meridian Mining SE Investor Contact Mr. Gilbert Clark Suite 488 – 1090 West Georgia Street Director / Chair of the Corporate and Technical Vancouver, British Columbia Committee Canada V6E 3V7 Email: gc
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