EXPLORATION FOCUSED
Barkly Copper-Gold
Super Project
AGM Presentation November 2024
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Key Investment Highlights
Barkly Super Project
Single district, high value,
exploration focus
- Iron Oxide Copper Gold (IOCG) e.g. Warrego and Juno (NT), Ernest Henry (QLD), Olympic Dam (SA)
- Sediment Hosted ±Cu-Ag-Pb-Zn e.g. McArthur River - HYC (NT), Mt Isa, Lady Loretta (QLD)
Commanding land position in NT -
an underexplored province
- East Tennant - potential for giant copper-gold and copper-silver-lead- zinc deposits
- Tennant Creek - home to some of Australia's highest grade gold-copper mines
Pathway to success from large portfolio of greenfield targets
- Methodical approach to target generation provides best chance of discovery
- Exciting pipeline of drill targets
Early stage, undervalued exploration | Drilling Activity Planned & | Highly experienced and passionate |
investment opportunity | Government Co-funded | Board and Management |
• Land position and potential upside of | • Proven track record of driving | |
the identified portfolio of targets not | • Active exploration programs | successful exploration, discovery and |
recognised in MDI market value | underway | mine development |
• Government co-funded drilling at | ||
• Positioning for growth through multi- | Barkly | • IOCG and covered terrane |
commodity exploration and target | exploration expertise | |
generation - Porphyry Copper Gold | ||
and Epithermal Gold(QLD) |
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ASX : MDI | 2 2 |
Corporate Overview
Corporate Structure
Shares on Issue
Share Price (as at 30 September 2024)
Market Cap (as at 30 September 2024)
Cash (as at 30 September 2024)
Investments
Shares in ASX: EMU & TSX-V: Tajiri
(based on closing prices 30 September 2024)
Debt
Major Shareholders
Directors
Top 20 Shareholders
273.1M
Portfolio Overview
$0.016
$4.37M
$1.99M
$280k
NIL
~4%
~61%
ASX:AUN
Sold entire interest Sept 2024 ~5.4M unlisted options retained
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Board and Management
Experienced, well-rounded Board and Management team
Peter Thomas LLB, B.Juris ,
Non-Executive Chairman
Practicing solicitorfrom 1980 until June 2011, specialising in the provision of corporate and commercial advice to explorers and miners. Significant board experience since 1980s including founding chairman of Sandfire Resources NL, non-executive founding chairman Emu Nickel NL and NED Image Resources, of which he was the founding chairman.
Brad Marwood,
Non-Executive Director
Highly experienced mining engineerand resources industry executive with 30+ years experience. Career highlights include bringing the Kipoi (DRC) copper mine into production; completing development of Svartliden gold mine (Sweden). Previous senior roles held at Normandy, Dragon Mining, Lafayette, Moto Goldmines, Perseus Mining and Tiger Resources and is the Chairman of ASX- listed Yari Minerals.
Bruce Stewart,
Non-Executive Director
Involved in global capital markets30+ years with an emphasis on mining and hard assets. Previous experience includes co- heading Jeffries & Co global hard asset desk in New York, directorships on London listed mining companies, company reorganisation and sale, and various consultancy assignments for funds, investment banks and public and private companies.
Roland Bartsch MSc. BSc. (Hons),
Chief Executive Officer
Geoscientistmining executive with 30+ years experience in mining, project development, resource evaluation and mineral exploration. Global experience includes major mining companies, international consulting groups, and junior miners working on copper-gold, base metal, gold and iron ore projects.
Rudolf Tieleman,
CFO & Company Secretary
Rudolf Tieleman is an accountantwith over 25 years' experience in public practice. He has extensive knowledge in matters relating to the operation and administration of listed mineral exploration companies in Australia.
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Barkly Copper-Gold Super-Project
Multi Target Super Project
Built a strategic position
Permits & applications now 6,918km²
Targeting Iron Oxide Copper Gold
(IOCG) and Sediment Hosted Copper-
Silver-Lead-Zinc
50+ targets - 12 high priority
Permits adjoin Newmont, South 32 JV with Encounter Resources and Inca Minerals
Multiple Projects within the Super- Project - current focus is Georgina and Barkly Project
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IOCG Prospectivity
Exploration tenure covers key target areas
East Tennant Ridge - identified by Geoscience Australia as a highly prospective belt for IOCG deposits masked by younger cover rock sequences.
Georgina Project exploration licence extensively covers the more prospective East Tennant area.
Awarded $300,000 in aggregate in 2024 under two co-funding grants under Round 17 of the NT Government's GDC program.
Drilling at the Georgina Project was completed in 2024 under the first grant ($125K).
Georgina Project
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Georgina Project - Multiple Drill Targets
Multiple modelled well-defined density anomalies ('shoots') consistent with IOCG deposits
Targets Drilled in 2024
Designed as an initial test. 2 only of 7 proposed holes completed
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Georgina Project - Exploration at Work
Maiden drilling of targets commenced mid-July 2024
Full NT GDC Georgina grant funding being received.
Geologists Suite
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Georgina Project - 2024 Drilling
Multiple drill targets identified by detailed gravity 3-D density inversion models
Hole 24GPDD002
Depth 584.3m
Wilma Prospect (EL32109)
2 reconnaissance diamond holes completed to target depth.
An initial test only - particularly considering the large footprint of the Pebbles target.
Hole 24GPDD001
Depth 645.2m
Pebbles Prospect (EL32109)
Hole 24GPDD003
Abandoned at 97m
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ASX : MDI | Dino Prospect (EL32109) |
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Georgina Project - Drilling results
New exploration possibilities opened up
Trace iron, lead ±zinc sulphides were recorded in narrow intervals of fractured and brecciated carbonates in the overlaying cover sequence - possible MVT style mineralisation.
Cover Rocks
Galena
Pyrite
Hole 24GPDD001 | Hole 24GPDD001 |
Sphalerite
Hole 24GPDD002
Surface
'Cover'
Basement
D = 2.67
SCHEMATIC GEOLGY MODEL
PEBBLES PROSPECT
Approx stratigraphic
position, both holes
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