Matsa Resources Ltd · ASX:MAT
Matsa Resources — Investor Presentation (November 2021)
19 slides from Matsa Resources's investor presentation, November 2021
Slide 1: Towards 1Moz and beyond
Towards 1Moz and beyond Corporate Presentation | Noosa | November 2021
Slide 2: Disclaimer and Forward Looking Statements
Disclaimer Disclaimer and Forward Looking Statements This presentation has been prepared by Matsa Resources Limited (“Matsa” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Company. This presentation may
Slide 3: Corporate Overview
Overview Corporate Overview Gold Resource Resource Grade Top 20 Ownership DIRECTORS Paul Poli 882,000 oz 2.4 g/t 55.41% Executive Chairman Mr Poli is a CPA with over 34 years of business and corporate experience. He founded Matsa Resources and has spearheaded Shares on Issue Share Price (9 Nov 2021)
Slide 4: Overview: Prime location
Lake Carey Overview Prime location Laverton • Located near AngloGold Ashanti’s 12Moz Sunrise Dam with Granny Smith excellent mining infrastructure in proximity Wallaby • Modern 75-person accommodation camp and workshops Central Hub Sunrise Dam Northern Hub Regionally significant Resources Red Octobe
Slide 5: Fortitude Mine
Lake Carey: Fortitude Hub Fortitude Mine Gold Resource of 489,000oz • 1km long open pit down to 190m depth • Granted mining lease with approved Mining Proposal in place allowing immediate start of mining • Completed scoping study outlines production of 132,000oz across 22 months generating >A$95M su
Slide 6: Fortitude North
Lake Carey: Fortitude Hub Fortitude North Near term growth opportunity • 6km north of the Fortitude Mine • Mineralisation defined by a series of steeply dipping stacked lodes • New exploration model demonstrates potential aggregate of 379Koz @ 2.41g/t Au to 600Koz @ 3.8g/t Au • Only northern 2/3 mod
Slide 7: Fortitude North exploration potential
Lake Carey: Fortitude Hub Fortitude North New mag high anomaly – not drill tested 379,000-600,000oz exploration potential • 66 line km ground magnetic survey completed in September 2021 • NE (45o) and NNW (350o) structures interpreted (ongoing) • Apparent jogs in anomaly appear coincident with inter
Slide 8: Bindah
Lake Carey: Fortitude Hub Bindah Near term development option • Located 2km south of the Fortitude Gold Mine • Simple, single lode of mineralisation with relatively consistent strike extent hosted in Bindah Shear Zone • Historically mined in two campaigns with high oxide grades of 6.8g/t Au - 7.5g/t
Slide 9: Devon Mine projected cash flow
Lake Carey: Linden Hub Devon Mine High grade shallow ore Monthly Surplus and Cash Flow • Scoping study shows A$41M cash surplus over 12 months $8,000,000 mine life (@ $2,400/oz), it is an attractive opportunity $7,000,000 $40,000,000 • Production grade of 4.6g/t Au • Planned production of 39,000oz A
Slide 10: Hill East and New Years Gift
Lake Carey: Linden Hub Hill East and New Years Gift New Years Gift • Newly defined 600m x 300m gold in soil anomaly • Existing historical shafts on northerly trending lode • Drilling highlights includes: 3m @ 13.9g/t Au from 25m (NYGRC002) 1m @ 19.4g/t Au from 44m (20NYGRC006) • Costeaning and gridd
Slide 11: Lionfish – Red October
Lake Carey: Red October Hub Lionfish – Red October Potential new mining front for Red October • Resource estimate upgraded to 228kt @ 7.4g/t Au for 54koz (157% increase on 2016 model) • Lionfish resource remains open along strike and downdip • Structural thickening potential where Lionfish lode is p
Slide 12: Regional Exploration
Lake Carey Regional Exploration World class setting • 503km2 high quality area in north-east goldfields region surrounded by world class mines • Multiple corridors along an extensive 69km of strike • Significant pipeline of 30 quality targets ready for drilling • Favourable structural settings along
Slide 13: Upcoming Exploration
Lake Carey Upcoming Exploration Multiple opportunities to advance the exploration to reach 1Moz Fortitude Hub • Strong focus on resource drilling at Fortitude North • Extend soil surveys / drill testing of Fortitude South & Stealth • 3D seismic survey over Fortitude North and Fault/splay setting Nor
Slide 14: Matsa Growth Strategy
Investment Highlights Matsa Growth Strategy Executing / Complete Forward Plan P Robust exploration pipeline Sustained exploration P Delineate new resources New discoveries P Embedded strategy P Processing plant site selection +1Moz Resource P Reduce cash burn +5 Yr Reserves 4 Establish 5 yr LOM Inte
Slide 15: Regional M&A
Investment Highlights Regional M&A Target Year Gold Resource Market Capitalisation Valuation NTM Gold Limited (ASX:NTM) 2020 679Koz A$96m $142/oz Apollo Consolidated Limited (ASX:AOP) 2021 1,035Koz A$181m $175/oz Firefly Resources Limited (ASX:FFR) 2021 196Koz A$49m $249/oz Kin Mining Limited (ASX:K
Slide 16: Contact Us
Contact Us Paul Poli Executive Chairman [email protected] 16
Slide 17: 2021 Resource Growth
Appendix 1 2021 Resource Growth Updated for 2021 drilling Updated for 2020 drilling Exploration Target* 666 – 1,333koz Au JORC 2012 update Updated for Updated for 2018 – 2020 drilling mining, GC & exploration 2021-2022
Slide 18: Exploration target
Appendix 2 Exploration target EXPLORATION TARGETS* Lower Case Target Upper Case Target EXPLORATION TARGET Tonnes Grade Ounces Gold Tonnes Grade Ounces Gold Red October 900,000 6.9 200,000 1,740,000 6.1 340,000 Devon 1,040,000 3.0 100,000 2,600,000 3.0 250,000 Olympic 180,000 4 20,000 560,000 6 110,0
Slide 19: JORC 2012 Mineral Statement
Appendix 3 JORC 2012 Mineral Statement Measured Indicated Inferred Total Resource Project Cutoff g/t (‘000t) g/t Au (‘000t) g/t Au (‘000t) g/t Au (‘000t) g/t Au (‘000 oz) Au Red October UG 2.0 105 8.4 483 5.7 411 6.3 999 6.2 199 Red October Subtotal 105 8.4 483 5.7 411 6.3 999 6.2 199 Devon Pit 1.0
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