Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Horizon Minerals — RIU Explorers Conference 2023
21 slides from Maritana Minerals's conference presentation, February 2023
Slide 1: RIU Explorers Conference Presentation
RIU EXPLORERS CONFERENCE PRESENTATION FEBRUARY 2023
Slide 2: Disclaimer and Important Notices
DISCLAIMER AND IMPORTANT NOTICES Nature of Document expressions. Forward looking statements, opinions and estimates included in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based
Slide 3: About Horizon Minerals
ABOUT HORIZON MINERALS EXPLORER IN THE HEART OF THE GOLDFIELDS Horizon Minerals is an explorer with highly strategic projects in the Kalgoorlie and Coolgardie regions and exposure to multiple commodities within Australia +1.24Moz 1 1,100 sq km Mineral Resources Large, strategic WA Goldfields landhol
Slide 4: Corporate Snapshot
ABOUT HORIZON CORPORATE SNAPSHOT Share Price History Capital Structure 1 Shares M 622.8 $0.09 2,500,000 $0.08 Listed Options M 51.9 $0.07 2,000,000 $0.06 Share price A$ 0.07 1,500,000 $0.05 $0.04 Market capitalisation A$M 41.7 1,000,000 $0.03 Cash position + listed investments A$M 6.0 $0.02 500,000
Slide 5: Resource Growth
CURRENT RESOURCES UNDER PIN VALUE AND REMAIN OPEN ALONG STRIKE AND AT DEPTH RESOURCE GROWTH • 1.24Moz Au Mineral Resource at 1.7g/t Au with 70% in M&I1 • Large base load deposit at Boorara with trial mining and toll milling confirming grade and metallurgy • Base load complemented by high grade open
Slide 6: Greater Boorara - Cannon
SUCCESSFUL DRILLING PROGRAM ACROSS CORE RESOURCE BASE GREATER BOORARA - CANNON • Air Core, RC and diamond drilling undertaken in 2021-22 • Golden Ridge (4km south of Boorara) results include1: o 4m @ 46.7g/t Au from 80m and 5m @ 8.3g/t Au from 57m o 2m @ 20.77g/t Au from 80m and 2m @ 26.11g/t Au fro
Slide 7: Binduli - Teal
SUCCESSFUL DRILLING PROGRAM ACROSS CORE RESOURCE BASE BINDULI - TEAL • Step out drilling completed in the south, new targets in the north, on lake drilling at Kestrel pending • Crake and Coote drilling results include1: o 12m @ 6.9g/t Au from 56m and 10m @ 7.0g/t Au from 36m o 4m @ 9.3g/t Au from 75
Slide 8: Yarmany and Lakewood
EXPLORATION DRILLING INTERCEPTS MULTI-COMMODITY MINERALISATION YARMANY AND LAKEWOOD • First pass reconnaissance drilling completed following extensive target generation study • Results at Yarmany demonstrate prospectivity for gold as expected but Ni, Cu, Li mineralisation intercepted also • Further
Slide 9: Resource Updates Released
SUCCESSFUL DRILLING DATA NOW INCORPORATED INTO GEOLOGICAL MODELS RESOURCE UPDATES RELEASED • 1.24Moz Au Mineral Resource at 1.7g/t Au with 70% in M&I1 • Mineral Resource updates for core deposits1: 1. Boorara: 448koz (11.0Mt @ 1.26g/t Au) 2. Binduli: 88koz (1.8Mt @ 1.5g/t Au) 3. Rose Hill: 93koz (0.
Slide 10: Cannon, Penny's Find & Rose Hill
DEVELOPING AND MONETISING AN UNDERGROUND MINING SEQUENCE UNDER A CONTRACT MINING – TOLL MODEL CANNON, PENNY’S FIND & ROSE HILL Cannon MRE 32,330oz @ 4.4g/t • Previous open pit mined 55,000oz at 91.1% recovery Penny’s Find • Decline from existing pit, MRE 43,000oz @ 5.0g/t initial three levels with •
Slide 11: Acquisitions and Divestments
DIVEST FOR CASH – ACQUIRE FOR VALUE ACQUISITIONS AND DIVESTMENTS • A number of acquisitions completed in FY2022 to grow the portfolio all within 75km of Kalgoorlie / Coolgardie with existing resources and significant growth potential • Kalpini, Cannon, Penny’s Find projects acquired adding high grad
Slide 12: Richmond - Julia Creek Vanadium
SUCCESSFUL IPO AND LISTING ON THE ASX, ADVANCE BFS RICHMOND – JULIA CREEK VANADIUM • Horizon owns a 9% interest in RVT and Horizon shareholders a further 9% through an in specie distribution via an ASX listing in December 2022 1 • RVT owns 100% of the 1.8Bt Richmond vanadium project in Northwest Que
Slide 13: Horizon Activates Its Sustainability Journey
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE BUSINESS HORIZON ACTIVATES ITS SUSTAINABILITY JOURNEY To go beyond our obligations and to continuously STRATEGY look at ways to integrate sustainability across our OBJECTIVE business. Established our Environmental, Social, Governance (ESG) baseline ea
Slide 14: 2023 - Drilling, Development and Assessing Options
RESOURCE GROWTH AND NEW DISCOVERY DRILLING TO GROW ASSET BASE 2023 – DRILLING, DEVELOPMENT AND ASSESSING OPTIONS1 • Exploration drilling highly successful in 2022 with a further 30,000m planned in 2023 targeting new discoveries and resource extensions • Significant potential for resource growth thro
Slide 15: Appendices
BOARD AND MANAGEMENT APPENDICES 15
Slide 16: Leadership Team
175+ YEARS COMBINED EXPERIENCE OPERATING IN THE WA GOLDFIELDS LEADERSHIP TEAM Ashok Parekh, Non-Executive Chair Grant Haywood, Chief Operating Officer • Chartered accountant with over 40 years’ experience who owns a large Accounting • Mining Engineer with over 27 years’ experience in underground and
Slide 17: Nimbus Silver - Zinc Project
RETAIN AND COMPLETE FURTHER ECONOMIC STUDIES TO MAXIMISE OPTIONALITY NIMBUS SILVER – ZINC PROJECT • Located adjacent to the Boorara gold project with shared infrastructure • Extensive drilling and metallurgical test work completed and potential for growth along strike and at depth • Historic FS comp
Slide 18: Gold Resource Statement
GOLD RESOURCE STATEMENT Horizon Minerals Limited – Summary of Gold Mineral Resources Confirmation The information in this report that relates to Horizon’s Mineral Resources estimates is extracted from and was originally reported in Horizon’s ASX announcements “Intermin’s Resources Grow to over 667,0
Slide 19: Non Gold Resource Statement
NON GOLD RESOURCE STATEMENT Horizon Minerals Limited - Summary of Silver-Zinc Mineral Resources Confirmation Nimbus All Lodes (bottom cuts 12g/t Ag, 0.5% Zn, 0.3g/t Au) The information is this report that relates to Horizon’s Mineral Resources estimates on the Nimbus Silver Zinc Project is Category
Slide 20: Forward Looking and Cautionary Statement
FORWARD LOOKING AND CAUTIONARY STATEMENT • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking stateme
Slide 21: Contact
CONTACT CONTACT Jon Price Managing Director T: +61 (08) 9386 9534 E: [email protected] W: www.horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 21