Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (August 2016)
21 slides from Metal Bank's investor presentation, August 2016
Slide 1: Triumph Gold Project – Growth After Discovery
TRIUMPH GOLD PROJECT – GROWTH AFTER DISCOVERY AUGUST 2016 ASX: MBK 1
Slide 2: Disclaimer
Disclaimer 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 investment, tax, accounting
Slide 3: Our Business - Gold: discovery driven growth
Our Business - Gold discovery driven growth June 2016 – near surface high grade gold discovery 15m @ 10.3g/t Au, 76g/t Ag, 0.5% Cu from 9m including 4m @ 34.2g/t Au, 220g/t Ag, 1.4% Cu from 14m Emergence of a significant intrusion style gold camp Room to move – multi-million ounce potential 18Mo
Slide 4: Our Business - Gold: established gold province
Our Business - Gold established gold province The South East Queensland mining corridor has historically proven the opportunity to: define near surface high grade gold deposits with low mining costs define large bulk tonnage gold deposits in an area with good infrastructure 18Moz Au established
Slide 5: Our Business - Gold: substantial upside - exploration to resource
Our Business - Gold substantial upside - exploration to resource Schematic Resource Value Curve Well positioned for value upside potential and company growth Note: The above is a general representation of the stages prior to production and how value may be added to resource companies 5
Slide 6: Our Company: structured for low cost growth
Our Company structured for low cost growth Gold resource development check list: 1. Dollars applied almost entirely to direct exploration 2. Close collaboration with expert technical consultants 3. Strong dynamic management 4. Global experience and network to access new opportunities 5. Established
Slide 7: Corporate Overview
Corporate Overview Metal Bank Limited 12 month share chart ASX: MBK 0.04 0.03 shares 509.6M 0.02 0.01 options 15M high grade gold share price* $0.03 intersected in drilling 50M June 2016 cash at bank** $0.36M market cap $15M Board and Management *as at 29 July 2016 Inés Scotland Non-exec Chair **as
Slide 8: Our Team
Our Team discovery – financing – development – M&A Inés Scotland (non-executive Chair) Over 25 years in the mining industry – founding shareholder and MD of Citadel through its massive growth during the discovery/development of the Jabal Sayid copper project in Saudi Arabia and $1.3B sale in 2011.
Slide 9: Triumph Project Upside
Triumph Project Upside intrusion related gold system Large deposit examples in Qld 18Moz Au established gold producing district, close to excellent infrastructure 9
Slide 10: Triumph Project: discovery history – the journey so far
Triumph Project discovery history – the journey so far From a small historical goldfield To a 15km2 high grade gold camp 2009 Exploration Strategy Targeted ‘unloved’ historical goldfields that could be overlooked intrusion related gold systems in Eastern Australia 2010 Secured Tenure Created a watch
Slide 11: Triumph Project: underexplored gold system
Triumph Project underexplored gold system 15km2 Triumph grade gold camp – dominantly concealed by shallow cover Under cover areas are highly prospective First under cover drilling intersecting high grade gold at Bald Hill 11
Slide 12: Near surface gold: 2016 drilling – Bald Hill
Near surface gold 2016 drilling – Bald Hill Bald Hill – high grade gold discovery 15m @ 10.3g/t Au, 76g/t Ag, 0.5% Cu from 9m including 4m @ 34.2g/t Au, 220g/t Ag, 1.4% Cu from 14m Further drilling scheduled to advance Bald Hill towards a near surface gold resource and underpin a potential low cost
Slide 13: Near surface gold: high grade – Bald Hill
Near surface gold high grade – Bald Hill Further drilling planned to target the top 50m below surface in August 2016 13
Slide 14: Near surface gold: 2016 drilling – New Constitution
Near surface gold 2016 drilling – New Constitution Bald Hill – high grade gold discovery New Constitution – first drill programme 18m @ 2g/t Au, 8g/t Ag from surface including 3m @ 3.7g/t Au, 29g/t Ag from 6m 4m @ 5.3g/t Au, 8g/t Ag from 13m 14
Slide 15: Triumph gold project: multi-million ounce upside
Triumph gold project multi-million ounce upside Bulk tonnage gold High grade gold Two targets drilled to date Near surface high grade gold discovered High grade leakage of something LARGE? Bulk tonnage style potential associated with causative intrusive 15
Slide 16: Triumph gold camp: multi-million ounce upside
Triumph gold camp multi-million ounce upside Bulk tonnage gold Silica cap observed at centre of system interpreted as a carapace over a large bulk tonnage gold system Gold in bedrock sampling to 0.4g/t Au (Ag-Bi-Mo) - broad targets defined under shallow cover 16
Slide 17: Improving the Odds
Improving the Odds reducing technical risks High grade gold discovery – demonstrated from recent drilling Potential for further discoveries – only two targets tested so far High grade and bulk tonnage gold potential – substantial upside Intrusion related gold systems – scale for multi-million Au oun
Slide 18: Looking Forward: MBK upside
Looking Forward MBK upside The next 6 months - Drilling Bald Hill, New Constitution, Harmony to follow up on recent success (August 2016) Focus on defining shallow high grade gold resources Testing of other high grade targets (none previously drilled) Testing of bulk tonnage gold targets (ca
Slide 19: Uplift through discovery: investing in MBK
Uplift through discovery investing in MBK Who’s investing in MBK right now? Investors who… have an investment risk appetite for the ‘discovery and now growth phase’ back quality projects with big upside backed by teams who have delivered before (discovery and development) have an expectation o
Slide 20: Metal Bank Limited: contact us
Metal Bank Limited contact us ASX Code: MBK www.metalbank.com.au Tony Schreck Director 0419 683 196 tony@metalbank.com.au “Go out and find me 100,000oz Au….. ……….and then grow it to 10Moz Au” 20
Slide 21: Metal Bank Limited: contact us
Metal Bank Limited contact us 21