onlyuse
ersonalEXPLORING IN A PROVEN MULTI-MILLION OUNCE GOLD SYSTEM IN NEWFOUNDLAND, CANADA
CAPE RAY GOLD PROJECT
Fremantle RIU Explorers Conference
16 February 2022
ASX: MZZ
OTCQX: MZZMF
FSE: MA3
DISCLAIMER
Disclaimer and Forward Looking Statements
onlyThis presentation is not a prospectus nor an offer of securities for subscription or sale in
any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions, investors should rely on their own examination of Matador
Mi i g Limited (Matador or the Company) and consult with their own legal, tax, business
a d/or financial advisers in connection with any acquisition of securities or interest in the
Company. The information contained in this presentation has been prepared in good faith
by the Company. However, no representation or warranty, express or implied, is made as
to the completeness or adequacy of any statements, estimates, opinions or other
information contained in this presentation. To the maximum extent permitted by law, the
Company, its directors, officers, employees and agents disclaim liability for any loss or usedamage which may be suffered by any person through the use of, or reliance on, anything
contained in or omitted from this presentation. Certain information in this presentation r f rs to the intentions of the Company, but these are not intended to be forecasts, forward looking statements, or statements about future matters for the purposes of the Corporations Act 2001 (Cth) or any other applicable law. The occurrence of events in the
f t re are subject to risks, uncertainties and other factors that may alter the Company's act al results, performance or achievements to differ from those referred to in this presentation to occur as contemplated. The presentation contains only a synopsis of more detailed information available in relation to the matters described in this document
and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency ersonalor completeness of such information and to do so could potentially expose you to a significant risk of losing any of the property invested by you or incurring by you of
dditional liability. Recipients of this presentation should conduct their own investigation, ev lu tion and analysis of the business, data and property described in this presentation. In particular, any estimates or projections or opinions contained herein necessarily involve sig ificant elements of subjective judgment, analysis and assumptions and you should satisfy yourself in relation to such matters.
Mineral Resources
The information in this Presentation that relates to the Mineral Resource estimate for the Cape Ray Gold Project was announced on 6 May 2020. Matador confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 6 May 2020 and that all material assumptions and technical parameters underpinning the Mineral Resource estimate in that announcement continue to apply and have not materially changed.
Scoping Study
The information in this Presentation that relates to the Scoping Study on the Cape Ray Gold Project was announced on 6 May 2020. Matador confirms that all material assumptions underpinning the production target and forecast financial information included in that announcement continue to apply and have not materially changed.
Exploration Results
The information in this Presentation that relates to exploration results at the Cape Ray Gold Project was announced on 6 October 2020, 29 October 2020, 11 November 2020, 16 December 2020, 1 February 2021, 9 February 2021, 17 February 2021, 17 17 March 2021, 12 May 2021, 3 June 2021, 11 August 2021, 26 August 2021, 7 September 2021, 21 September 2021, 12 October 2021, 30 November 2021, 14 December 2021 and 7 February 2022. Matador confirms that it is not aware of any new information or data that materially affects the information included in those announcements.
ASX:MZZ | OTCQX:MZZMF | FSE: MA3
matadormining.com.au 2
ONE OF THE WORLD'S HIGHEST-GRADE OPEN PIT PROJECTS WITH MAJOR EXPLORATION UPSIDE
Established Platform
One of the highest-grade undeveloped open pit projects in a first world jurisdiction1,2
only | • Resource - 837,000oz Au at 2g/t (96% < 200m from surface)3 |
• Permitting, licensing and development work - advanced and ongoing |
World Class Location and Infrastructure
Newfoundland, Canada - 25km from an established town and deep-water port
- Low-costrenewable grid power, drive-indrive-out workforce, government support
useMajor Exploration Upside
120km of continuous strike along proven multi-million oz gold structure
- ~ 88% of strike (105km) with only 20 historical drill holes
- No effective exploration under "till" covered areas - 90% of the total project area
- 2021/2022 Exploration program - 45,000m diamond drill program & 5 power auger rigs
Strong Financial Position
~A$11M (Dec. '21) - Funded through 2021/22 exploration seasons
- Capital raising completed in July '21 - A$16M at A$0.56 / share (Charity Flow through)
- Franklin Templeton and Sentry/CI Global Asset Management cornerstoned the placement
ersonal1 - Average head grade Yr 1 - 4 - 2.6g/t Au (Scoping Study - May 2020); 2 - Developed nations (Australia, Canada, USA); 3 - ASX announcement 6 May 2020; 4 - as at 31 December 2021
CAPITAL STRUCTURE
~A$65M ~A$11M4
US$45MUS$8M
Market Cap | Cash |
at A$0.30 | 31 Dec. 2021 |
216M4 | 30M4 | |
Shares on | Options | |
Issue | (A$0.23 - 0.63) | |
Franklin Templeton, | CI Financial / | |
5% | Sentry, 7% | |
Australian | ||
Insto, 15% | ||
European | ||
Retail, 56% | Insto, 6% | |
Directors & | ||
Management, 3% | ||
Vendor, 8% |
matadormining.com.au 3
BOARD AND MANAGEMENT
Strong team with significant experience in gold exploration and development
MANAGEMENT | |
only | Ian Murray FCA and MAICD |
EXECUTIVE CHAIRMAN | |
Over 25 years' mining industry experience in senior leadership positions | |
Past - Executive Chairman and Managing Director of Gold Road Resources Ltd | |
and DRDGold Ltd (NYSE & JSE: DRD) | |
use | Warren Potma MSc, MAIG, M AusIMM |
EXPLORATION MANAGER | |
Over 25 years' international experience specializing in structural geology, | |
geochemistry and geometallurgy. Broad experience across exploration, | |
feasibility and mining functions | |
Crispin Pike MSc | |
ersonal | PRINCIPAL GEOLOGIST & COUNTRY MANAGER |
Over 17 years' international experience in structural geology and geophysics applied to mineral exploration.
Kerry Sparkes
TECHNICAL ADVISOR TO THE BOARD
Over 30 years' international experience in the mineral exploration business as both an exploration geologist and executive.
Past - VP Geology for Franco-Nevada Corp.
DIRECTORS & INCOMING CEO
Justin Osborne FAIMM and Bachelor of Science, Honours (First Class)
NON-EXECUTIVE DIRECTOR
Over 30 years' experience as an exploration geologist
Past - Executive Director at Gold Road Resources
Current - Non-Executive Director of Hamelin Gold & Anglo Australia
Mick Wilkes Bachelor's degree in mining engineering and an MBA
NON-EXECUTIVE DIRECTOR
Successful career in mining company leadership spanning over 35 years Past - CEO and President of dual listed (ASX/TSX) OceanaGold
Current - Non-Executive Chairman of Kingston Resources Ltd & Director of Dacian Gold
Dr Nicole Adshead-Bell Ph.D., Structural/Economic
NON-EXECUTIVE DIRECTOR
Over 24 years experience in technical, corporate, institutional investor and investment banking segments of the mining sector.
Current - President of Cupel Advisory Corp and Non-Executive Director of Altius Minerals Corp & Hot Chilli.
Sam Pazuki P. Eng; M. Fin
CHIEF EXECUTIVE OFFICER w.e.f. 1 May 2022
Toronto based; Over 20 years' mining industry experience in senior leadership positions;
Past - Senior VP Strategy & Corporate Development at OceanaGold Corp (TSX: OGC), Ernst Young Advisory Services & Enbridge Inc.
Experience in strategy, M&A, capital markets and investor relations.
ASX:MZZ | OTCQX:MZZMF | FSE: MA3
matadormining.com.au 4
GLOBAL HOT SPOT FOR GOLD EXPLORATION
Limited gold exploration compared to the rest of Canada
Total historical gold production - 2.3Moz Au
• 2016 drilling < 70,000m
• 2021 Forecast +400,000m
onlyG ld renaissance underway
New, SHALLOW, high-grade discoveries = increased investor awareness and increased exploration activities
N wfound Gold (NFG.TSXV) ~C$1.5BN market cap
• Greenfield project - 19m @ 92.9 g/t Au & 25.6 @ 146.2g/t Au
Marathon Gold (MOZ.TSXV) ~C$800M market cap | |
use | • Valentine Lake - 4.8Moz @ 1.72g/t Au and growing |
Other Newfoundland Gold Explorers: | |
• Multiple TSXV Newfoundland explorers A$50M - | |
A$250M market capitalisation |
Matador Mining - ASX
Significant discount to Newfoundland Gold peers
ersonal | • OTCQX - Listing on North American exchange |
• Only stock on the ASX with exposure to Newfoundland | |
ASX:MZZ | OTCQX:MZZMF | FSE: MA3
matmatadorminingdormini g.com.com.au.au 5 5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Matador Mining Ltd. published this content on 16 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2022 03:03:04 UTC.