Maronan Metals Ltd · ASX:MMA
Maronan Metals — Resources Rising Stars Conference 2024
23 slides from Maronan Metals's conference presentation, Dec 3, 2024
Slide 1: The Maronan Project
The Maronan Project Resources Rising Stars Conference Building Confidence and ASX C O DE: M M A Advancing towards ‘Mine Ready’ Presented by: Richard Carlton, MD 3 December 2024
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer GENERAL These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Maronan Metals Limited (Company) as at 03/12/2024 and statements are current only as at that date. Information in the Presentati
Slide 3: Maronan Metals − Share Price Catalysts
Maronan Metals − Share Price Catalysts Significant silver and base metal exposure in stable mining friendly jurisdiction Global resources of +60Mt containing 118Moz Silver, 2Mt Lead, 272Kt Copper and 758Koz Gold* Resource Update (Q3 - FY2025) and Scoping Study (Q4 - FY2025) following 2024 drill prog
Slide 4: Value Drivers
Value Drivers 01 The ‘Starter Zone’ • Less than 90m from surface • Successfully growing the Indicated Resource base • Potential early access with decline 02 Multiple Development Options • Favourable Geometry for productive underground mining • Thick continuous horizons offer high mining efficiency •
Slide 5: What Is The Upside?
What Is The Upside? World Silver Institute – Silver Supply Deficit Why Maronan Now? Potential to be a significant player 01 in the silver and lead markets Positioned to contribute to filling the 02 forecast silver supply deficit Leveraged to rising silver, copper 03 and gold prices * Source: World S
Slide 6: Corporate Summary – Proven Mine Development Team In Place
Corporate Summary – Proven Mine Development Team In Place ASX Code Shares on Issue* Share Price (28 Nov 24) Market Cap Cash (at 30 Sept 24) MMA 201,252,826 20c $40.25M $7.75M Board Of Directors & Senior Management Share Price & Trade Volume: 27/11/2023 − 28/11/2024 Simon Bird Non-Exec Chairman Richa
Slide 7: Rapidly Advancing to 'Mine Ready'
Rapidly Advancing to ‘Mine Ready’ Scoping study • 2024 drill program* • Update resource estimates Update conceptual • Metallurgical studies mine design • Geotechnical testwork Mine permitting • Baseline environmental surveys • Stakeholder engagement and agreements • Demonstrate value of Maronan Proj
Slide 8: Growing the Indicated Resource
Growing the Indicated Resource* Oblique view to the East North-East showing Starter Zone Silver-Lead Domains • Total Silver-Lead Resource 32.1Mt • Starter Zone is one-third of the total resource • Indicated: 2.1Mt @ 5.3% Pb, 155g/t Ag • Inferred: 9.0 Mt @ 5.3% Pb, 101g/t Ag • 2024 Drill Program – ap
Slide 9: Maronan Project Location
300,000mE relia Mount Ws Lorett a 2. Mount Kelly PROJECT a0 LOCATION ying Hors Little Eva.cp Turkey Creek Dugald Ri M@unt Isa ‘Mount isa Copper Mine.) | Mout Colin 9: re Rockland Las Minerale Canning Maronan Project Location X nan Tenement EPA b POWERED BY I F r 4400 000me ‘500 000mE:
Slide 10: Global Silver-Lead Resource
Global Silver-Lead Resource X POWERED BY VRIFY Starter Zone 5.8m @ 8.10 %Pb, Silver-Lead Resource: Ind8inf: 32.1Mt @ 61% Lead, 196git Silver aan Starter Zone: 4.05m @ 11.60 %PI Ind: 2.1Mt @ 5.3% Lead, 155qt Silver \ per . Inf: 9.0Mt @ 5.3% Lead, 101g/\ Silver .7AN@ 7.50 PD, 147.00 gi" MRN22003 4m @
Slide 11: Starter Zone Resource and Drilling
Starter Zone Resource and Drilling Starter Zone {L_-" J "Drill Assays (ppm Ag) = Se Yh t Starter Zone Silver-Lead Resource with drilling showing Silver Assays X POWERED BY VRIFY 53m
Slide 12: Indicated Resource and 2024 Drilling
Indicated Resource and 2024 Drilling March 2024 Indicated Resource Area with Planned (yellow) and Completed (black) x 2024 drilling POWERED BY VRIFY
Slide 13: 2024 Drilling & Starter Zone Wireframes
2024 Drilling & Starter Zone Wireframes Cross Sectional View of Starter Zone Silver-Lead Mineralisation with Historic and x 2024 Drilling yy POWERED BY fi VRIFY
Slide 14: Drilling Highlights - Starter Zone Eastern Horizon
22.8m @ 5.80 %Pb, 138.00 g/t Ag MRN24002 23.32m @ 5 %Pb, 175 g/t Ag a MRN23014A MEN 23012 20.9m @ 4.40 %Pb, 150.00 g/t Ag 5.8m @ 8.10 %Pb, 231.00 g/t Ag MRN7002 22m @ 4.90 %Pb, 126.00 g/t Ag MRN23013, 21.15m @ 5.00 %Pb, 195.00 g/t Ag MRN23020 6.7m @ 7.50 %Pb, 147.00 g/t Ag Drilling Highlights - Star
Slide 15: Copper-Gold & Lead-Silver Wireframes
Copper-Gold & Lead-Silver Wireframes Drill Assays (% Cu) Copper-Gold Mineralisation in relation to Starter Zone Silver-Lead Mineralisation x @ >1.0 shown with existing and 2024 Drilling POWERED BY VRIFY
Slide 16: Global 2024 Copper-Gold Resource
rill Assays (% Cu) B oz-08 04-00 B 00-08 GB os-10 Bo Copper-Gold Resource: Inferred 32.5Mt @ 0.84% Copper, 0.61g/t Gold, 7g/t Silver» \ 1 Cu, 152 at AL Resource: Copper + Gold 81.85m @ 0.41 %Cu, 0.57 ah AU Global 2024 Copper-Gold Resource X POWERED BY VRIFY
Slide 17: Excellent Metallurgical Results
Excellent Metallurgical Results* • Simple flotation • Strong recoveries of both silver (84-95%) and lead (92-96%) • High silver grades (932-1,485 g/t) in lead concentrates • Underlines their strong revenue potential • Transitional and fresh copper sulphide mineralisation • Strong recoveries (85-90%)
Slide 18: 'Mine-Ready' Permitting Studies
‘Mine-Ready’ Permitting Studies • Critical path items underway • Flora and fauna • Surface and ground water • Stakeholder engagement • Mining Studies: • Geotechnical (orebody and portal access) • Metallurgical • Exploration decline design • Potential infrastructure: • Conceptual Site layout • Utilit
Slide 19: Maronan Metals − Share Price Catalysts
Maronan Metals − Share Price Catalysts Significant silver and base metal exposure in stable mining friendly jurisdiction Global resources of +60Mt containing 118Moz Silver, 2Mt Lead, 272Kt Copper and 758Koz Gold* Resource Update (Q3 - FY2025) and Scoping Study (Q4 - FY2025) following 2024 drill prog
Slide 20: Contact Us
Contact Us Maronan Metals Limited Level 15, 323 Castlereagh Street, Sydney, NSW 2101 www.maronanmetals.com.au Phone +61 2 9281 1805 info@maronanmetals.com.au This presentation has been approved for release by the Board of Maronan Metals Limited – 03 December 2024 Confidential Maronan Metals - Resour
Slide 21: APPENDIX 1 - March 2024 Updated Mineral Resource Silver-Lead
APPENDIX 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Silver-Lead * ASX:MMA 12 March 2024 – Updated Resource Estimate Maronan Metals - Resources Rising Stars Conference 2024 13
Slide 22: APPENDIX 1 - March 2024 Updated Mineral Resource Copper-Gold
APPENDIX 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Copper-Gold * ASX:MMA 12 March 2024 – Updated Resource Estimate Maronan Metals - Resources Rising Stars Conference 2024 14
Slide 23: APPENDIX 1 - March 2024 Updated Mineral Resource Gold-only
APPENDIX 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Gold-only * ASX:MMA 12 March 2024 – Updated Resource Estimate Maronan Metals - Resources Rising Stars Conference 2024 15
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