Metals Australia Ltd · ASX:MLS
Metals Australia — Investor Presentation (August 2020)
21 slides from Metals Australia's investor presentation, Aug 20, 2020
Slide 1: Investor Presentation August 2020
Focused on Exploration and Development of high-grade gold and high-grade graphite projects in Quebec, Canada Investor Presentation August 2020
Slide 2: Important Information
Important Information This presentation has been prepared and issued Metals Australia Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It doe
Slide 3: Executive Summary
Executive Summary = ASX Listed (ASX: MLS) focused explorer and developer of its 100%-owned high-grade gold projects and high- grade natural flake graphite project, both located in Quebec, Canada GOLD = Eade Gold Project represents a potentially high-grade gold project across two distinct domains: =
Slide 4: Metals Australia: Overview
Metals Australia: Overview MLS Share Price A$0.0025 Shares on Issue 3,207,352,777' Options (unlisted) - $0.0035 ex. price - June 2022 1,416,110,000! Options (unlisted) - $0.0035 ex. price - January 2023 50,000,000 Undiluted Market Capitalisation $8 million Cash on hand as at 30 June 2020 $0.496 mill
Slide 5: Eade-Pontois-Felicie Gold Projects
Eade-Pontois-Fe icie Gold Projects Eade-Pontois-Felicie Gold Projects James Bay Region, Quebec \ [rresreonrore — |] “rover = 1 [ "exonenre BERBED” anaes etl ~ an = = FAcimat-SOQUER * FE Pontois-Ouest showing: Pontols-Est showing: 7.3 g/t Au in rock sample ‘WEST PONTOIS ANNEX PROPERTY FELICIE Felicie
Slide 6: Eade-Pontois-Felicie Gold Projects
Eade-Pontois-Felicie Gold Projects . The Eade Gold Project is split into two domains: = West Eade contains an 8.3km strike length with at least two gold prospects (rock chip samples up to 11.45g/t Au) which have not been followed up with modern exploration techniques = East Eade contains a 6.7km str
Slide 7: Eade-Pontois-Felicie Gold Projects
Eade-Pontois-Felicie Gold Projects Exploration undertaken historically by Quebec Geological Survey, Virginia Gold Mines and Goldcorp has identified significant exploration potential at the Eade Gold Project which was never followed up by modern exploration techniques Field exploration campaign curre
Slide 8: Eade-Pontois-Felicie Gold Projects
Eade-Pontois-Felicie Gold Projects The Lac Gruyer Greenstone Belt is host to numerous high-grade gold, copper and base metal discoveries and deposits including the large scale Eleonore Gold Mine, owned and operated by Newmont Corporation which achieved commercial gold production in April 2015 and cu
Slide 9: East Eade Gold Project
East Eade Gold Project 535000 540000 LEGEND A D1 Mineral Occurences 5920000 ‘Seairent Lake Geocrernsty Aremaly fr Uranium (MERNG) © Paton cater reo GRAB SAMPLE "20 gieaw [EADE-S GOLD SHOWING (Historic Works) EAST EADE PROPERTY (ORAB SANPLE: 147 gtAu 5915000 saute 20 cu 1018 PROSPECTING CI 5810000 Ma
Slide 10: West Eade Gold Project
West Eade Gold Project 514000 ‘516000 518000 ‘520000 522000 524000 LEGEND 5920000 EADE-5 GOLD SHOWING (Historic Works) WEST EADE PROPERTY (GRAB SAMPLES: 7.41 g/t Au, 5.18 git Au CHANNEL SAMPLE: 3.08 g/t Au OVER 1.0m 5916000 [EADE- GOLD SHOWING (Historic Works)| |WEST EADE PROPERTY DRILLING: 0.69 g/t
Slide 11: Lac Rainy Graphite Project
| ac Rainy Graphite Project 20000 FEIBOO E2500 BaTE0O 30000 2500 n n n = 4 4 . 100% owned high-grade natural flake graphite project located in one of the premier graphite geological regions of Quebec 5835000 . Located approximately 22 km south-west of the historic mining town of Fermont and 260 km n
Slide 12: Lac Rainy Graphite Project - JORC Mineral Resource
Lac Rainy Graphite Project JORC (2012) Mineral Resource . Maiden JORC (2012) Mineral Resource Estimate for the high-grade Lac Rainy Graphite Project: . Indicated and Inferred Mineral Resource of 13.3Mt @ 11.5% Total Graphitic Carbon (TGC) for 1.529Mt of contained graphite using a 5% TGC cut-off, mad
Slide 13: Lac Rainy Graphite Project - Scoping Level Metallurgical Testwork
Lac Rainy Graphite Project Scoping Level Metallurgical Testwork . Scoping Study level metallurgical testwork completed on graphite mineralisation from the Lac Rainy Graphite Project . Metallurgical testwork completed on representative composite samples collected from split drill core - including sam
Slide 14: Lac Rainy Graphite Project - Diamond Drilling
Lac Rainy Graphite Project - Diamond Drilling 630500 631000 631500 632000 1 1 1 n Legend A Lac Carheil @ Collars N — Drittraces. -——- Driling Access Road Track + Power Line r: Waterbody Woodland Graphitic Zones HE lcentites Interpreted LR-19-42 5830000 5830000 5829500 T 5829500 3 3 620500 631000 631
Slide 15: Extensive High-Grade Mineralisation at Surface
Lac Rainy Graphite Project Extensive High-Grade Mineralisation at Surface = Significant assay results received from the diamond drilling program include: = DDHLRI19-01 intersected multiple zones of graphite, including: = 42.7m at an average grade of 14.5% Cg at a depth from 75.85m to 118.55m "= DDHL
Slide 16: Metals Australia Limited
Metals Australia Limited = Near term development targets and Company catalysts include: "Exploration and assay results from the field program at the Eade-Pontois-Felicie Gold Projects = Next phase of exploration at the Eade-Pontois-Felicie Gold Projects - planning already underway, subject to result
Slide 17: Graphite: The Right Commodity at the Right Time
Graphite The Right Commodity at the Right Time Pipeline lithium ion battery capacity out to 2028 1200 tuos = Estimated 10 year battery : cap growth of 891GWh 1000 = Equates to >90Okt 800 battery-suitable natural 683 graphite or up to 2.7Mt «00 new production 100 "Feedstock typically 75- 180um 2195 2
Slide 18: Global Trends in the Graphite Market
Graphite Global Trends in the Graphite Market . Expandables - flame retardants and thermal shields . Feedstock typically >18O0um . “China needs 40 million tons of fire retardant building materials per annum, which will contain 5% expandable graphite” President of the China Building Materials Applica
Slide 19: Other Projects
Other Projects Manindi Zinc Project (Western Australia): . The Manindi Zinc Deposit hosts a JORC Measured, Indicated and Inferred resource of 1.1IMt grading at 6.5% Zn. A number of other target zones remain to be tested adjacent and close to the existing ore body. Drilling to date has been limited t
Slide 20: Contact
OM METALS This announcement was authorized for release by the Board of Directors For more information, please contact: Gino D’Anna Martin Stein Director Company Secretary Metals Australia Ltd Metals Australia Ltd Phone: +61 400 408 878 Phone: +618 9481 7833 metalsaustralia.com.au
Slide 21: Appendix: ASX Listing Rules Compliance
Appendix ASX Listing Rules Compliance In preparing this announcement dated 20 August 2020, the Company has relied on the announcements previously made by the Company and disclosed below. The Company confirms that it is not aware of any new information or data that materially affects those announceme
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