Eagle Mountain Mining Ltd. · ASX:EM2
Eagle Mountain Mining — Diggers & Dealers 2022
20 slides from Eagle Mountain Mining's conference presentation, Aug 2, 2022
Slide 1: Copper in a tier 1 location
For personal use only ( ASX:EM2 ) Copper in a tier 1 location Diggers & Dealers 2022
Slide 2: Important Information
IMPORTANT INFORMATION For personal use only P u r p o s e o f p r e s e n t a t I o n : This presentation has been prepared by Eagle Mountain Mining Limited (ACN 621 541 204) (Eagle Mountain) and should be read in conjunction the Company’s Annual Report, issued by Eagle Mountain 22 October 2021 and
Slide 3: Copper tomorrow
Copper tomorrow For personal use only GLOBAL REFINED COPPER USAGE Total copper demand forecast to nearly double by 2035 3
Slide 4: Long term supply gap remains unsolved, with widening mid-term deficits
Long term supply gap remains unsolved, with widening mid-term deficits For personal use only Growing deficit from 2025 (3 years away) Source: Woodmac, Goldman Sachs Global Investment Research 4
Slide 5: Eagle Mountain Value proposition
Eagle Mountain Value proposition For personal use only • Tier-1 jurisdiction - safe, mining friendly, local mining services available, infrastrucrure • History of Production – existing underground infrastructure, metallurgical history, previously permitted • Large and expanding JORC Resources - incl
Slide 6: Tier 1 jurisdiction: In the copper zone
tier 1 jurisdiction: In the copper zone For personal use only Silver Resolution Mountain 1.8Bt@1.53% Cu Project 100km To los angeles Phoenix Miami 1.6Bt@0.63% Cu Morenci ORACLE RIDGE PROJECT 6.4Bt@0.52%Cu Ray 1.6Bt@0.68% Cu • Located in Arizona, a mining Florence supportive jurisdiction San Manuel •
Slide 7: Recommissioning of the existing underground mine commenced
Recommissioning of the existing underground mine commenced For personal use only Ventilation Studies Geotechnical Inspections Electrical Inspections Recommissioning the underground mine to enable: • Resource upgrade and expansion drilling from underground • Access to commence various studies – metal
Slide 8: Access to mineralisation – rapid restart potential
Access to mineralisation – rapid restart potential For personal use only • Existing development alongside mineral resources • Predominantly sulphide mineralisation 8
Slide 9: Existing development – rapid restart potential
Existing development – rapid restart potential For personal use only Good ground conditions and limited dewatering assists setup of underground drilling and potential rapid restart of operations 9
Slide 10: JORC Resources – Providing Optionality
JORC Resources – Providing Optionality For personal use only 32% increase in contained copper at 0.8% Cu cut-off 26.0 Mt 17.0 Mt at 1.28% Cu at 1.48% Cu 1% Cu Cut-off 0.8% Cu Cut-off Refer ASX Announcement 10 March 2022 10
Slide 11: Drilling continues with focus on upgrading and expanding resources
Drilling continues with For personal use only focus on upgrading and expanding resources JORC RESOURCE – 17MT 251,000t @ 1.48% Cu 8.2Moz @ 15.09g/t Ag 93Koz @ 0.17g/t Au 11
Slide 12: Strong resource growth and upgrade potential
Strong resource growth and upgrade potential For personal use only Refer ASX Announcements 16 April 2021, 29 July 2021, 31 August 2021, 12 12 January 2022, 3 March 2022, 15 March 2022 and 20 April 2022
Slide 13: Outcropping mineralisation at OREX
For personal use only Outcropping mineralisation at OREX 13
Slide 14: Conceptual Section
For personal use only Conceptual Section Large scale potential for multiple styles of mineralisation 14
Slide 15: Gravity is our friend
Gravity is our friend Marble North Mountain For personal use only ( ASX:EM2 ) Mine Area Portals The Talon Mine Buildings Golden OREX Eagle Tailings Dam (closed)
Slide 16: Oracle Ridge – Targeting low emission production of copper
ORACLE RIDGE – TARGETING LOW EMISSION PRODUCTION OF COPPER For personal use only Energy savings aspects shown will be assessed in future economic evaluations of the Project. 16
Slide 17: Corporate Overview
CORPORATE OVERVIEW 12 Month Share Price For personal use only Key Metrics ASX Code EM2 Shares on Issue 267 m (29 July 2022) Share Price $0.25 (29 July 2022) EM2 Share Price -A$/Sh Cash $11.1m (30 June 2022) Debt 1 $9.2m Market Capitalisation $67m (undiluted) Unlisted Options 27m Performance Rights 0
Slide 18: The Eagle Mountain Opportunity
The Eagle Mountain Opportunity For personal use only • Copper: in-demand commodity in short supply • Limited copper projects in development • Existing infrastructure for low capital mining re-start • Low disturbance as an underground operation • Low emission mine potential • Tier 1 jurisdiction • Pr
Slide 19: Contact Information
For personal use only Contact Information Ground Floor, 22 Stirling Highway Nedlands, Western Australia, 6009 info@eaglemountain.com.au eaglemountain.com.au This Announcement has been approved for release by the Board of Eagle Mountain Mining Limited
Slide 20: Appendix
Appendix 1 For personal use only The Company’s Mineral Resource Statement has been compiled in accordance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code 2012) and Chapter 5 of the ASX Listing Rules and ASX Guidance Note 31. The Compan