Slide 1: Conserrat Technical Presentation
E2 Metals Limited CONSERRAT TECHNICAL For personal use only ABN: 34 116 865 546 ASX Code: E2M PRESENTATION Level 4, 100 Albert Road South Melbourne VIC 3205 P: +61 3 9692 7222 F: +61 3 9077 9233 E: info@e2metals.com.au 17 February 2020 Directors / Secretary E2 Metals Limited (E2 Metals or Company) a
Slide 2: E2 Metals Limited Conserrat Technical Presentation February 2020
For personal use only E2 Metals Limited CONSERRAT TECHNICAL PRESENTATION l February 2020
Slide 3: Disclaimer
Disclaimer For personal use only Subject to any continuing obligation under applicable law or relevant listing rules of the ASX, E2M disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in these materials to reflect any change in expectati
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only CORPORATE STRUCTURE SHARE PRICE MOVEMENTS A$14.7M 91.9M $2.35M 0.34 MARKET CAP AT 16 CPS SHARES ON ISSUE CASH AT 31 DECEMBER 2019 0.26 Unlisted Options Performance Rights 0.18 1.5M at 25c expiring April 2020 2.25M MD Performance Rights 1M at 22.04c expiring M
Slide 5: Overview: Santa Cruz Project
Overview For personal use only Santa Cruz Project • World-class gold and silver district • Stable mining jurisdiction • Four flagship projects • Emerging greenfields discovery at Conserrat 2
Slide 6: Conserrat Project
Conserrat Project • Next door to the largest gold and For personal use only silver district in the province • First systematic exploration commenced in December 2018 • Multiple outcropping vein discoveries • Mia 43.9gpt Au, 1128gpt Ag • Patricia 40.4gpt Au, 262gpt Ag • Veta Blanca 7.46gpt Au, 7510gp
Slide 7: Project Timeline
Project Timeline For personal use only 2019 2020 Q1 Q3 Q4 Q1 First reconnaissance Trenching Maiden drill program Further surface discoveries Surface rock & soil sampling Testing soil targets Reconnaissance RC scout Reconnaissance RC scout drilling drilling Veta Blanca surface Ro and Florencia High g
Slide 8: Central Project Area: +4.5km vein trend with limited drilling
Central Project Area: +4.5km vein trend with limited drilling Major NW structure For personal use only El Volcan - 1.2KM Soil Sampling and vein corridor Veta Blanca Trend Planned 1.7KM Emilia - 1.5KM mapped over 4.5km Focus of current Surface drilling Reconnaissance ongoing • Up to 7.46gpt Au, 7510g
Slide 9: Veta Blanca: High Grade Targets, Further Drilling Planned
Veta Blanca: High Grade Targets, Further Drilling Planned Three mineralized For personal use only Veta epithermal veins Blanca outcropping over 325m High-grade silver mineralisation in trenches • 0.5m at 1.98gpt Au, 1722gpt Ag Limited drilling shows gold grades improving at depth, plunging to the no
Slide 10: Southern Project Area: Multiple mineralised trends
Southern Project Area: Multiple mineralised trends Four surface Vein For personal use only Trend Chargeability discoveries in the past S533488N +25mV.V Drill hole Map area Silver LAG (gpt) four months Outline of Basalt Cover • Wide zones of mineralisation confirmed at Ro and Florencia • High-grade o
Slide 11: Ro: Thick Mineralisation in First Drill Holes
Ro: Thick Mineralisation in First Drill Holes For personal use only CORC-19 33m at 0.28gpt Au, 112gpt Ag Thick intervals of Including 1m at 0.42gpt Au, mineralisation S533488N 526gpt Ag and intercepted in the first 5m at 0.58gpt Au, 441gpt Ag Ro drill section Silver Soil CORC-19 From 27m anomaly • 3
Slide 12: Ro: Thick Mineralisation in First Drill Holes
Ro: Thick Mineralisation in First Drill Holes Mineralisation starting For personal use only from surface • 32.7m at 0.58gpt Au, 24gpt Ag, including • 2m at 2.5gpt Au, 136gpt Ag (trench COT-33) Two styles of mineralisation • Broad disseminated gold and 5m silver associated with disseminated sulphides
Slide 13: Florencia: Encouraging First Pass Results
Florencia: Encouraging First Pass Results For personal use only Similar disseminated gold and silver mineralisation at surface, 1.2km south of Ro on a separate trend • 46m at 0.68gpt Au, 36gpt Ag • 84m at 0.32gpt Au, 21gpt Ag Including higher grade structures • 1m at 4gpt Au, 114gpt Ag • 1m at 0.68g
Slide 14: Deep Chargeability Target: Untested By Scout Drilling
Deep Chargeability Target: Untested By Scout Drilling The deep For personal use only A Ro Pole-Dipole Line 14 A’ A’ chargeability target Ro 22m at 0.3gpt Au, 38gpt Ag CORC-27 remains untested by 33m at 0.28gpt Au, 112gpt Ag shallow scout holes CORC-19 A inc. 1m at 0.42gpt Au, 526gpt Ag and 5m at 0.5
Slide 15: Recent Discovery: Patricia-Mia trend
Recent Discovery: Patricia-Mia trend New high grade vein For personal use only trend defined over 1.2km strike Patricia rock chips • 40.4gpt Au, 262gpt Ag • 20.9gpt Au, 42gpt Ag Mia rock chips • 43.9gpt Au, 730gpt Ag • 37.4gpt Au, 784gpt Ag • 23.9gpt Au, 1128gpt Ag Banded epithermal veins with visib
Slide 16: Future work programs
Future work programs For personal use only • Scout RC drilling at high-grade Mia and Patricia targets 2020 • Step-out drilling at Ro, Veta Q1 Q2 Blanca, Florencia Follow up and scout Diamond drill • Maiden diamond program to test RC drilling program deep chargeability target • Ongoing surface reconn
Slide 17: ASX Announcements and Competent Persons Statement
ASX Announcements For personal use only Streamline Competent Persons Statement This report contains information extracted from previous ASX releases which are referenced in the presentation. The Company is not aware of any new information or data that materially affects the information included in t