Marvel Gold Ltd · ASX:MVL
Marvel Gold — Investor Presentation (February 2021)
23 slides from Marvel Gold's investor presentation, Feb 2, 2021
Slide 1: Tabakorole Emerging as a Significant West African Gold Deposit
For personal use only TABAKOROLE EMERGING AS A SIGNIFICANT WEST AFRICAN GOLD DEPOSIT CORPORATE PRESENTATION February 2021 ASX: MVL
Slide 2: Disclaimer
For personal use only DISCLAIMER This presentation (the “Presentation”) has been prepared by Marvel Gold Limited (Marvel). No party other than Marvel has authorised or caused the Tabakorole Mineral Resources Estimate issue of this document, or takes responsibility for, or makes any statements, repre
Slide 3: A Large and Growing Resource with Excellent Metallurgy
TABAKOROLE EMERGING AS A SIGNIFICANT WEST AFRICAN GOLD DEPOSIT For personal use only A LARGE AND GROWING RESOURCE WITH EXCELLENT METALLURGY Significant resource Excellent metallurgy Regional opportunity JORC resource 910koz at 1.2 g/t gold1 – open Average recoveries of 96.6%2 Aggressive exploration
Slide 4: Corporate Overview: High-Calibre, Exploration-Focused Board
CORPORATE OVERVIEW For personal use only HIGH‐CALIBRE, EXPLORATION‐FOCUSED BOARD CAPITAL STRUCTURE Phil Hoskins Managing Director Mr. Hoskins is a senior executive with broad finance and commercial experience across resources exploration, project Ticker Code ASX: MVL development and production as we
Slide 5: Marvel Gold Projects Location
WORLD-CLASS ADDRESS FOR SIGNIFICANT GOLD DISCOVERIES For personal use only MARVEL GOLD PROJECTS LOCATION Tabakorole (300km2) • 910koz at 1.2 g/t1 – open in all directions • Resource expansion drill program complete – assays due February Lakanfla (24km2) Existing mineralization, potential oxide feed
Slide 6: Tabakorole Location
TABAKOROLE LOCATION For personal use only LOCATED NEAR THE BANNIFIN SHEAR ZONE IN SOUTHERN MALI Tabakorole Geology • Large splay off the Bannifin Shear Zone (similar to 7.0 Moz Morila mine) • Tabakorole host structure is interpreted to continue into recently acquired Sirakourou tenement • Hosted in
Slide 7: Tabakorole JORC Resource
TABAKOROLE JORC RESOURCE For personal use only LARGE RESOURCE (910K OZ)1 OPEN IN ALL DIRECTIONS • Maiden JORC Resource of 23.9 Mt at 1.2 g/t gold for 910koz1 (0.6 g/t cut‐off) • 32% of the Resource is classified as Indicated • 43% of the Resource (390koz) sits within 100m of surface • Resource was e
Slide 8: Tabakorole Resource Expansion
TABAKOROLE RESOURCE EXPANSION For personal use only DRILL PROGRAM COMPLETE – RESULTS DUE FEBRUARY 1. ASX announcement 17 August 2020. MARVEL GOLD • ASX:MVL 8
Slide 9: Tabakorole Resource Expansion
TABAKOROLE RESOURCE EXPANSION For personal use only DE‐RISKED RESOURCE EXPANSION OPPORTUNITY TO THE NORTH‐WEST • AC drilling successfully extended strike by at least 600m • 28m wide horizontal target zone identified including 6m at 6.2 g/t gold1 • Single diamond hole successfully intersected two min
Slide 10: Excellent Metallurgy
EXCELLENT METALLURGY For personal use only HIGH RECOVERIES FROM FRESH ROCK SAMPLES INDICATE SIMPLE PROCESSING GOLD CONSUMPTION • Bottle roll testwork on 4 fresh ore composite samples confirm GRIND SIZE SAMPLE ID non‐refractory metallurgical characteristics (µm) LEACH RECOVERY CALCULATED RESIDUE (g/t
Slide 11: Tabakorole Regional Prospectivity
TABAKOROLE REGIONAL PROSPECTIVITY For personal use only AN UNDEREXPLORED STRUCTURAL CORRIDOR REGIONAL EXPLORATION • Structures hosting Tabakorole JORC resource interpreted to continue to the west into unexplored tenement • Approximately 2,500 soils samples collected providing coverage of 300km2 land
Slide 12: Valuation Upside as Exploration Continues
VALUATION UPSIDE AS EXPLORATION CONTINUES For personal use only SIGNIFICANT DISCOUNT TO PEERS AND RECENT TRANSACTIONS WEST AFRICAN EXPLORERS: PRE-PFS See Appendices 4 and 5 for further information MARVEL GOLD • ASX:MVL 12
Slide 13: Two-Way Valuation Upside
TWO-WAY VALUATION UPSIDE For personal use only LEVERAGE TO GROWING RESOURCE + INCREASING JV OWNERSHIP 1. ASX announcement 30 September 2020. MARVEL GOLD • ASX:MVL 13
Slide 14: Lakanfla Gold Project
LAKANFLA GOLD PROJECT For personal use only ATTRACTIVE LOCATION • Project located along the prolific Senegal Mali Shear Zone (>60 Moz total endowment) in an enclave to the Sadiola Mining Licence • Historical intercepts include: • 26m @ 5.1 g/t gold from 32m • 18m @ 4.3 g/t gold from 34m • 19m @ 2.5
Slide 15: Lakanfla Gold Project: Multiple Focus Areas
LAKANFLA GOLD PROJECT For personal use only MULTIPLE FOCUS AREAS FOR FUTURE EXPLORATION • Ongoing exploration to focus on: • Converting existing gold mineralization into JORC resource • Systematic exploration of non‐karst targets • Refinement of karst model and targeting • Existing gold mineralizati
Slide 16: Investment Highlights and Timeline
INVESTMENT HIGHLIGHTS AND TIMELINE For personal use only FOCUS ON EXPLORATION TO DRIVE NEWSFLOW Q1 2021 Q2 2021 H2 2021 TABAKOROLE KEY INVESTMENT HIGHLIGHTS Assays – Resource expansion drilling • Large Tabakorole resource with immediate growth potential Soil sampling ‐ multi‐element assays • 910koz
Slide 17: Appendices
For personal use only APPENDICES
Slide 18: Appendix – Marvel Joint Ventures
APPENDIX 1 – MARVEL JOINT VENTURES For personal use only SUMMARY OF TERMS Société Minière et Commerciale JV Counterparty Altus Strategies Oklo Resources (SOMICO) Projects Tabakorole (100km2) Lakanfla Tabakorole (200km2), Yanfolila and Kolondieba Sakaar Drill 1,500m and publish JORC Mapping, soils an
Slide 19: Appendix – Tabakorole JORC Mineral Resource Estimate
APPENDIX 2 – TABAKOROLE JORC MINERAL RESOURCE ESTIMATE1 For personal use only Indicated Inferred Total Total Category Cutoff Tonnage Au Grade Au Metal Tonnage Au Grade Au Metal Au Grade Au Metal Au Metal Tonnage (Mt) Tonnage (Mt) Au Grade (g/t) (Mt) (g/t) (koz) (Mt) (g/t) (koz) (g/t) (koz) (koz) Oxi
Slide 20: Appendix – Tabakorole Cross Sections
APPENDIX 3 – TABAKOROLE CROSS SECTIONS For personal use only CONSISTENT WIDTHS AND CONTINUITY IN THE SOUTH‐EAST 1. ASX announcement 17 June 2020. MARVEL GOLD • ASX:MVL 20 2. ASX announcement 17 August 2020.
Slide 21: Detailed Peer Comparison Analysis – Trading Comps
APPENDIX 4 For personal use only DETAILED PEER COMPARISON ANALYSIS AND REFERENCES – TRADING COMPS Company Marvel Oklo Desert Compass Cora Tietto Chesser Predictive Golden Rim Montage Newcore Sarama Tanga Mako Manas African Gold Roscan Gold Name Gold3 Resources Gold Gold Gold Minerals Resources Disco
Slide 22: Detailed Peer Comparison Analysis – Transactions
APPENDIX 5 For personal use only DETAILED PEER COMPARISON ANALYSIS AND REFERENCES – TRANSACTIONS Project Name Namdini Bagoe/Liberty Toega Acquirer/Seller Shandong / Cardinal Perseus / Exore WAF / B2 Gold Date announced 22/12/2020 2/06/2020 29/04/2020 Acquisition share price (A$) 1.075 0.105 N/A Shar
Slide 23: For personal use only
For personal use only Level 1, Emerald House, 1202 Hay Street Telephone: +61 8 9200 4960 West Perth WA 6005 Australia Facsimile: +61 8 9200 4961 Email: info@marvelgold.com.au