Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — IMARC (October 2018)
11 slides from Magmatic Resources's conference presentation, Oct 30, 2018
Slide 1: Magmatic Resources: Positioned for Discovery
For personal use only MAGMATIC RESOURCES: POSITIONED FOR DISCOVERY magmaticresources.com ASX:MAG
Slide 2: Disclaimer Important Information
Disclaimer Important Information For personal use only Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward- looking information, including risks ass
Slide 3: Tier 1 Country: Tier 1 Regions: Tier 1 Projects
Tier 1 Country: Tier 1 Regions: Tier 1 Projects • Focus on our three discovery-ready copper- For personal use only gold exploration projects in the East Lachlan Fold Belt: ✓ 4 Projects from Gold Fields $13.5m exploration ✓ JV JOGMEC (Japan government) • Compare well to peers • 2018: added 2 target g
Slide 4: Tier 1 Region: Copper-Gold porphyries in the East Lachlan
Tier 1 Region: Copper-Gold porphyries in the East Lachlan • Australia’s premier copper-gold porphyry address with For personal use only regional endowment greater than 66Moz Gold & 11Mt Copper • Big producers and high margins: ✓ Cadia Valley: 620kozAu, 64kt Cu AISC $241/oz Au: 2017 ✓ Northparkes: 51
Slide 5: Exploring with the majors in East Lachlan
Exploring with the majors in East Lachlan For personal use only • USGS estimates 4 to 10 undiscovered porphyry copper- gold deposits1 • Fortescue opened office in Orange and actively exploring for copper • Newcrest (Cadia Valley: 52Moz Gold & 3.7Mt Copper) actively seeking new greenfields projects •
Slide 6: Newcrest's Cadia Valley porphyry discovery history
Newcrest’s Cadia Valley porphyry discovery history MAG • 1991 - 1995 Newcrest exploration included For personal use only Myall Project: Kingswood Target Best Intercepts: an IP survey and RC drilling. • 70m at 0.54% Cu and 0.15 g/t Au (MYACD001, from • 1995 – 1996 drilling began to hit weak 141m) min
Slide 7: MAG vs Staveley porphyry targets: best intercepts
MAG vs Staveley porphyry targets: best intercepts Staveley: $44.5m Mkt Cap @ 25 Oct 2018 MAG: $3.5m Mkt Cap For personal use only • In January 2013, agreed to purchase the Myall Project: Kingswood Target Best Intercepts: Stavely and Ararat Projects which are located • 70m at 0.54% Cu and 0.15 g/t Au
Slide 8: MAG vs Staveley porphyry targets: holes drilled
MAG vs Staveley porphyry targets: holes drilled Staveley’s Thursday’s Gossan holes drilled1: Myall project: Kingswood target holes drilled: For personal use only • >32 diamond holes for >15,000m • 20 diamond holes for 8,824m • 80-100m spacing • Spacing 100-500m • Area tested ~900x1400m • Area tested
Slide 9: Mt Venn Copper-Nickel-Cobalt project
Mt Venn Copper-Nickel-Cobalt project • Rock chip sampling of gossan outcrop by previous explorers returned best For personal use only grades of 24% Cu, 13.2% Cu, 8.3% Cu and 6.7% Cu • Previous ground EM and VTEM: some conductors remain untested • Previous drilling recorded intersections including: ✓
Slide 10: Corporate Profile and Exploration capability
Corporate Profile and Exploration capability Tight capital structure: Exploration capability: For personal use only • Exploration Manager, Steven Oxenburgh: 30 years’ • 117m fully paid Ordinary Shares on issue, exploration experience, including Exploration Manager, with Millennium Minerals Ltd and s
Slide 11: Peer Analysis
Peer Analysis Magmatic Resources Ltd (MAG) believes that Impact Minerals Limited (IPT), Stavely Minerals Limited (SVY) and Great Boulder Resources Ltd (GBR) are useful ASX listed proxies to benchmark the potential market valuation of MAG against. For personal use only MAG IPT SVY GBR Share Price $0.