Aeon Metals — Ord Minnett East Coast Mining Conference 2022
21 slides from Aeon Metals's conference presentation, Mar 30, 2022
Slide 1: Advancing Walford Creek Cu-Co Project
Advancing Walford Creek Cu-Co Project Ord Minnett East Coast Mining Conference 30 March 2022 ASX: AML
Slide 2: Cautionary statement
Cautionary statement This document has been prepared by Aeon Metals Limited (Aeon) for the purpose of providing a comprehensive company and technical overview to interested analysts and investors. This document is not a prospectus, product disclosure statement or other offering document under Austra
Slide 3: The Company
The Company VISION Making a difference – creating sustainable value by delivering key metals driving the low carbon future. MISSION We are focussed on embracing innovative approaches to source energy metals responsibly and sustainably to enhance the prosperity of the community, the environment and o
Slide 4: Investment highlights
Investment highlights Responsibly sourced • Our flagship Walford Creek Project is located in north-west Queensland, a Tier 1 jurisdiction for ethical sourcing of mineral products future energy metals • Walford Creek is set to produce copper, cobalt, zinc, silver and nickel; key metals of the low car
Slide 5: Extensive Queensland Tenement Package
Extensive Queensland Tenement Package Walford Creek Project (100%) • World class copper province • >90,000 m drilling over past 5 years • ~44 Mt polymetallic Mineral Resource underpins development • Significant near resource, fault bound, strike extension • Regional upside with >100 km strike of bas
Slide 6: Towards carbon neutrality
Towards carbon neutrality High resource extraction & metal recoveries Cu Co High renewables usage Proven technology driving clean production Serving the coupled with high with low carbon National Interest energy efficiency footprint Zn Ni High quality battery metal end products 6
Slide 7: Mineral resources
Mineral resources Vardy/Marley Copper Mineral Resource (Mar 2022 - 0.5% Cu cut-off) Category Mt Cu % Pb % Zn % Ag ppm Co % Ni % Pyrite % Measured 7.3 1.14 1.07 0.89 28.4 0.15 0.06 42. Indicated 12.1 1.04 1.01 0.66 31.5 0.15 0.07 38.6 Inferred 0.7 1.05 1.09 0.70 38.9 0.14 0.06 42.7 Total 20.1 1.08 1.
Slide 8: Marley and Vardy
Marley and Vardy 97% measured and indicated 213000 | 213500) 214000] Legend Resource Category 200 ° 200m Copper Resource =GNN| * diitHole Trace | Ml Measured << Block Model Category Walford Creek — i Marley & Vardy Long Section Pere ve Bi Indicated >0.5% Cu Cut-off . i 7 Bl Inferred GDA94 Zone 54S 2
Slide 9: Comminution, Flotation, Refining
COMMINUTION FLOTATION REFINING A=ON
Slide 10: The battery metal end products
The battery metal end products Copper Cathode Cobalt Sulphate Zinc Sulphate Nickel Sulphate Cu metal CoSO4.7H2O (21% Co) ZnSO4.7H2O (22% Zn) NiSO4.6H2O (22% Ni) LME A grade - 99.99% Cu Battery grade - 99% purity Farm grade - 99% purity Battery grade - 99% purity 100% LME payable 100-130% LME payable
Slide 11: Life-of-mine portfolio metal output
Life-of-mine portfolio metal output Copper metal production (kt) Zinc metal production (kt) LOM Cu: 243 kt LOM Zn: 278 kt 25.0 30.0 Production tonnes (kt) Production tonnes (kt) 20.0 25.0 20.0 15.0 15.0 10.0 10.0 5.0 5.0 0.0 0.0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Slide 12: Aeon's metal portfolio is well placed
Aeon’s metal portfolio is well placed 12
Slide 13: Embracing renewable energy
Embracing renewable energy • Annual mean solar irradiation: ~6kWhr/m2 • Annual mean sunshine: ~10hr/day • Total electricity pricing (estimated capex + opex): − Solar <10c/kWhr − Diesel >25c/kWhr • Potential for >30% of total project electricity demand (54 MW) to be met by solar Refer to Aeon’s ASX r
Slide 14: Proposed project timeline
Proposed project timeline Dec 21 Jul 22 Feb 23 Aug 23 Mar 24 Sep 24 Apr 25 Oct 25 Environmental Impact Statement Land Access Agreements Prefeasibility Study Feasibility Study Debt Funding Equity Funding MLA approval Early Works Financial Investment Decision Front End Engineering & Design Site Constr
Slide 15: Exciting new Walford Creek drill targets
Exciting new Walford Creek drill targets 15
Slide 16: Vardy Deeps – Key Findings 2021
Vardy Deeps – Key Findings 2021 • Vardy Deeps target area − defined using high resolution gravity data collected in Q2 2021 − A dense body is modelled sitting beneath the Vardy mineral resource within the Walford Dolomite. This feature cannot be explained by the currently known stratigraphy in the a
Slide 17: Exciting new Walford Creek drill targets
Exciting new Walford Creek drill targets 1. Amy West Splay • Some of the best copper intersections within the project area are located at the west of the Amy deposit, including drillhole WFDH378 which intersected1 19m at 2.2% CuEq from 274m and 17m at 4.84% CuEq from 296 metres which included 9 metr
Slide 18: The wider basin has more to offer
The wider basin has more to offer Basin Edge Project • Strategic tenement holding in what is a World Class Mineral Province • Under cover and under explored • Walford Creek mineralisation strike extent suggests potential for further large systems along basin margin • Recent research shows the region
Slide 19: Walford Creek exploration potential
Walford Creek exploration potential 100% ownership, 416 km2, first mover status, plus Ground Position Basin Edge tenements to east (1,254 km2) 10 km strike from Vardy East to Amy West, 2+ Known Extent mineralised zones, fault structure controlled Cu & Co dominate, same basic ore type Right Mineralis
Slide 20: Compelling investment rationale
Compelling investment rationale 1 TIER 1 JURISDICTION 2 MINERAL RESOURCE ESTIMATES 3 PRE-FEASIBILITY STUDY Responsibly sourced future Heavily de-risked Mineral PFS imminent with first energy metals from a Tier 1 Resource Estimates: production targeted for jurisdiction 97% Vardy & Marley in M&I CY202
Slide 21: Contact
Contact Dr Fred Hess Managing Director and CEO Aeon Metals Limited fred.hess@aeonmetals.com.au +61 7 5574 3830
Aeon Metals — Ord Minnett East Coast Mining Conference 2022 on 6ix