Metalsgrove Mining Limited · ASX:MGA
Metalsgrove Mining — Shareholder Meeting (November 2023)
16 slides from Metalsgrove Mining's shareholder meeting presentation, Nov 28, 2023
Slide 1: Annual General Meeting - 2023
For personal use only ANNUAL GENERAL MEETING - 2023 ADVANCED CRITICAL METALS PORTFOLIO RAPID EXPLORATION AND DEVELOPMENT AUSTRALIA ASX: MGA November 2023 www.metalsgrove.com.au
Slide 2: Disclaimers
Disclaimers GENERAL INFORMATION ONLY PAST PERFORMANCE This presentation contains general background information and summary information about MetalsGrove Mining Limited (ACN Past performance is not necessarily indicative of future results and no person guarantees the performance of 655 643 039) (“Me
Slide 3: Corporate Snapshot
Corporate Snapshot CAPITAL STRUCTURE For personal use only $0.149 $0.139 Share Price (27/11/2023) A$0.077 $0.129 52 Week Range 7.7c-34c $0.119 Total Number of Shares on Issue 52.7m $0.109 $0.099 Market Capitalisation ~A$4.1M $0.089 Cash Balance (30th June 2023) A$2.1M $0.079 TOP 5 SHAREHOLDERS Price
Slide 4: Portfolio Summary: Highly Prospective Advanced Critical Metals
Portfolio Summary: Highly Prospective Advanced Critical Metals Lithium, Rare Earth, Base Metal and Manganese in the Tier-1 Mining Jurisdictions Australia Bruce–NT (MGA 100%) For personal use only • 2,300m maiden RC drilling completed in July 2023. • 7,000ppm (0.70%) TREO, 35% MREO/TREO, 28% NdPr/TRE
Slide 5: Strong Rare Earth (REE) Potential in Northern Territory
Strong Rare Earth (REE) Potential in Northern Territory Well Connected Infrastructure, High-Grade Critical Metals Targets For personal use only • Work completed to date at the Arunta Project in the Northern Territory has highlighted significant REE potential at the Bruce Prospect. • Clear pathway to
Slide 6: Bruce: Rare Earth Element (REE) Discovery
Bruce: Rare Earth Element (REE) Discovery For personal use only • Outcropping strike of carbonatite and high-grade REE mineralisation now extends over 9 km with multiple mineralised targets identified. • 2,343m RC drilling program targeted key REE and copper-gold targets. • Potential for sufficient
Slide 7: Bruce: Rare Earth Element (REE) Discovery
Bruce: Rare Earth Element (REE) Discovery For personal use only • Excellent drill results include high-grade carbonatite REE grades of up to 7,000ppm (0.70%) TREO 35% MREO/REO, 28% NdPr/TREO and 36% Y₂O₃/TREO with multiple zones of mineralisation. • P1 soil sampling returned high percentage of valua
Slide 8: Edwards Creek: Advanced Copper, Base Metal and REE
Edwards Creek: Advanced Copper, Base Metal and REE • Drill hole DD80EC1: 4.5m @ 2.25% Cu, 0.11% Pb, 1.54% Zn, 0.14 g/t Au from 47m. • Drill hole DD81EC2: 18.6m @ 0.22% Cu, 0.17% Pb, 0.49% Zn, 0.14 g/t Au For personal use only from 44.3m. • Newly discovered malachite-stained ironstone returned 0.81%
Slide 9: Box Hole: Base Metals and Rare Earth Potential
Box Hole: Base Metals and Rare Earth Potential • Mississippi Valley Type (MVT) deposits. • Multiple walk-up drilling targets already identified. For personal use only • King’s working historically mined 15t of galena with an average grade of 66% Pb, 58.50 g/t Ag and 0.43% Bi. • HDB045: 13m @ 2.7% Zn
Slide 10: Upper Coondina: Lithium in WA
Upper Coondina: Lithium in WA Proven Pilbara Location, High-Grade Battery Metals Targets For personal use only Upper Coondina Project located within ~60km and adjacent to of major Lithium and Tantalum producers: Pilbara Minerals (ASX: PLS) A$10.7B, Mineral Resources (Wodgina) (ASX: MIN) A$12.1B an
Slide 11: Upper Coondina: Maiden RC Drilling Summary
Upper Coondina: Maiden RC Drilling Summary Pegmatite Outcrop For personal use only • 45 dominating pegmatite formations strike approximately northeast-southwest within a regional corridor extending 8 km. • Up to 40m-wide mineralised zone, up to 0.20% Li₂O, 0.6% Rb2O and 118ppm Ta₂O₅. • UCR22034: 38m
Slide 12: Woodie Woodie North: Advanced Manganese Asset
Woodie Woodie North: Advanced Manganese Asset Pegmatite Outcrop For personal use only • Well connected to existing mining infrastructure. • Completed airborne magnetic survey reveals an extensive/complex magnetic corridor measuring 8.0 km x 2.0 km. • 12 drill ready walk-up drilling targets defined.
Slide 13: Near-Term Catalysts
Near-Term Catalysts Priority focus on rapidly advancing Bruce Rare Earth Potential Leverage previous exploration/ mining activity to fast-track project development For personal use only Technical Review P2 P3 Heritage Survey Drilling Assay Results Drilling Technical Review P2 Drilling Preparation Co
Slide 14: Sustainable Development and ESG
Sustainable Development and ESG MetalsGrove recognise that our future is intertwined with society, the economy, and the environment, and we owe it to those interests and stakeholders to ensure a lasting impact. For personal use only Economic Environment Dedicated to responsible Dedicated to accelera
Slide 15: Experienced Leadership
Experienced Leadership For personal use only Mr. Richard Beazley Mr. Sean Sivasamy Mr. Haidong Chi Non-Executive Chairman Managing Director and CEO Non-Executive Director A mining engineer with 35 years of experience A skilled mining professional with a Master’s Extensive experience in the commodity
Slide 16: Contact Details
Contact Details For personal use only REGISTERED OFFICE 6/123a Colin Street West Perth, WA 6005 CONTACT DETAILS www.metalsgrove.com.au info@metalsgrove.com.au T: +61 8 6388 2725 www.metalsgrove.com.au Page 16
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