Metal Bank Ltd · ASX:MBK
Metal Bank — London Mines and Money 2016
20 slides from Metal Bank's conference presentation, December 2016
Slide 1: Growth After Discovery
GROWTH AFTER DISCOVERY LONDON MINES AND MONEY 2016 DECEMBER 2016 ASX: MBK 1
Slide 2: Disclaimer
Disclaimer Purpose of this document This presentation has been prepared by Metal Bank Limited (“MBK") for general information purposes only using the information available to MBK at the time of publication. No reliance The information contained in this presentation is not investment, tax, accounting
Slide 3: Our Business - Gold
Our Business - Gold discovery driven growth Triumph Project - Two near surface high grade gold discoveries in 2016 New Constitution – 10m @ 26.9g/t Au, 165g/t Ag, 6% Zn from 51m (open) Bald Hill - 15m @ 10.3g/t Au, 76g/t Ag, 0.5% Cu from 9m 14m @ 2.6g/t Au, 34g/t Ag, 1.1% Cu from 17m Emergence of
Slide 4: Metal Bank Limited
Metal Bank Limited discovery driven growth ASX listed minerals exploration company (ASX:MBK) Core focus is creating value through a combination of exploration success and quality project acquisition Key projects are the Triumph and Eidsvold Gold Projects situated in the northern New England Fold
Slide 5: Corporate Overview
Corporate Overview Metal Bank Limited 12 month share chart ASX: MBK 0.04 shares 688.8M 0.02 options 15M high grade gold intersected in drilling June 2016 share price* $0.031 50M cash at bank** A$5.0M market cap A$21M Board and Management *as at 24 Nov 2016 Inés Scotland Non-exec Chair **as at 31 Oct
Slide 6: Our Team
Our Team discovery – financing – development – M&A Inés Scotland Over 25 years in the mining industry – founding shareholder and MD of Citadel through its massive Chair growth during the discovery/development of the Jabal Sayid copper project in Saudi Arabia and $1.3B sale in 2011. Inés has raised
Slide 7: Triumph Project Upside
Triumph Project Upside intrusion related gold system Large deposit examples in Qld 18Moz Au established gold producing district, close to excellent infrastructure 7
Slide 8: Triumph Project
Triumph Project underexplored gold system 15km2 Triumph grade gold camp – dominantly concealed by shallow cover Under cover areas are highly prospective First under cover drilling intersected high grade gold at Bald Hill High grade gold intersected under historical workings at New Constitution 8
Slide 9: Bald Hill
Bald Hill 2016 – first high grade discovery Bald Hill – high grade gold discovery 15m @ 10.3g/t Au, 76g/t Ag, 0.5% Cu from 9m including 4m @ 34.2g/t Au, 220g/t Ag, 1.4% Cu from 14m 9
Slide 10: Bald Hill
Bald Hill near surface high grade gold – target at depth 3D IP geophysical model – 3D oblique view 3D IP Untested target - extension of near surface mineralisation to depth as a ‘pipe’ / feeder zone target 10
Slide 11: New Constitution
New Constitution 2016 – second high grade discovery New Constitution 10m @ 26.9g/t Au, 165g/t Ag and 6% Zn from 51m (open) incl. 7m @ 36.3g/t Au, 220g/t Ag and 7.9% Zn from 51m (open) Follow-up of 4m @ 5.3g/t Au and 3m @ 3.7g/t Au in oxide zone, could indicate supergene gold depletion in oxide zone
Slide 12: New Constitution
New Constitution near surface high grade gold - leakage Collectively 3km of untested targets – Recent drilling completed with more drill results awaited 12
Slide 13: New Constitution
New Constitution big untested ‘bulk tonnage’ IP targets 13
Slide 14: Triumph gold project
Triumph gold project multi-million ounce potential upside Bulk tonnage gold High grade gold Two targets drilled to date Near surface high grade gold discovered High grade leakage of Bulk tonnage style something LARGE? potential associated with causative intrusive 14
Slide 15: Looking Forward
Looking Forward Triumph programme 12 months The next 12 months Drilling (6,000m of RC and DD) 60% Targeting high grade gold resources – New Constitution and Bald Hill) 30% other priority targets (Advance, Handbrake Hill, Cattle Ck) 10% bulk tonnage targets (Harmony) 15
Slide 16: Eidsvold Project
Eidsvold Project past production (100,000oz) early 1900’s 18Moz Au established gold producing district 28
Slide 17: Eidsvold Project
Eidsvold Project fertile intrusive complex 100,000oz historical goldfield hosted by intrusive basement exposed through sedimentary cover Alteration and structural targets defined in a 10km long corridor represent potential intrusive related gold systems Discovery of intrusion related gold mine
Slide 18: Eidsvold Project
Eidsvold Project first mover advantage / opportunity Now opens up 250km2 of virtually unexplored, prospective fertile intrusive complex hosting historical goldfield Large ground holding secured Magnetite destruction an important targeting tool Potential for early success targeting interprete
Slide 19: Summary
Summary Metal Bank Limited Triumph Project Drilling Next 6-12 Months - Potential for significant uplift in value through further discoveries, resource definition and development First Mover Advantage – Under explored high quality targets with two near surface high grade discoveries in 2016 Exc
Slide 20: Metal Bank Limited
Metal Bank Limited contact us ASX Code: MBK www.metalbank.com.au Tony Schreck Director +61 419 683 196 [email protected] “Go out and find me 100,000oz Au….. ……….and then grow it to 10Moz Au” 20