MRG Metals : Presentation at Junior Indaba Conference, Johannesburg

For personal use only

ASX ANNOUNCEMENT

3 June 2022

Presentation by MRG's Chairman at The Junior Indaba Conference, Johannesburg, for Explorers, Developers & Investors in Junior Mining

MRG Metal Ltd (ASX:MRQ) wishes to advise that its Chairman, Andrew Van Der Zwan presented overnight at The Junior Indaba Conference, Johannesburg, for Explorers, Developers & Investors in Junior Mining.

The presentation is attached and can be viewed on the Company's website at https://www.mrgmetals.com.au/investor-info

Authorised by the Board of MRG Metals Ltd.
For more Information please contact:
MRG Metals	Investor Relations
Andrew Van Der Zwan	Victoria Humphries
Chairman	NWR Communications
M: [phone]	M: [phone]
E:[e-mail]	E:[e-mail]

MRG Metals Limited ABN: 83 148 938 532 / ASX Code: MRQ	Phone: [phone] / Fax: [phone]
12 Anderson Street West, Ballarat VIC 3350 / PO Box 237 Ballarat VIC 3353	www.mrgmetals.com.au/[e-mail]

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DISCOVERY TO DEVELOPMENT

MRG METALS - A SIGNIFICANT HMS PLAYER

I N V E S T O R P R E S E N T A T I O N / / J u n e 2 0 2 2

/ / A S X : M R Q

D I S C L A I M E R

The information contained in this presentation has been prepared by MRG Metals Ltd (MRG). This presentation is for information only and not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in MRG. This presentation has been made available for information purposes only and does not onlyconstitute a prospectus, short form prospectus, profile statement or offer information statement. This presentation is not subject to the disclosure requirements affecting disclosure

documents under Chapter 6D of the Corporations Act.

The financial information in this presentation is for information purposes only. The information contained in this presentation is of a general nature and has been prepared by MRG with due care. Neither MRG nor any of its Directors, officers, employees, agents or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, c mpleteness or correctness of the information, opinions and conclusions contained in this presentation. Accordingly, to the maximum extent permitted by law, none of MRG, its Directors, officers, employees, agents, advisers, nor any other person accepts any liability whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of the accuracy or completeness of the information or for any of the opinions contained in this presentation or for any errors, omissions or misstatements or for any loss,

usehowsoever arising, from the use of this presentation.

This presentation may contain statements that may be deemed 'forward looking statements'. Forward risks, uncertainties and other factors, many of which are outside the control of MRG, can cause actual results to differ materially from such statements. Such risks and uncertainties include, but are not limited to, commodity price volatility, increased production costs and variances in ore grade recovery rates from those assumed in mining plans, as well as political and operational risks and governmental regulation and judicial outcomes. MRG makes no undertaking to update or revise such statements, but has made every endeavour to ensure that they are fair and reasonable at the time of making the presentation.

ersonalInvestors are cautioned that any forward looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in ny forward looking statements made.

An investment in MRG should be considered highly speculative. Investors should consider consulting their professional advisers before deciding whether to invest in MRG. Exploration priorities change with increased data and knowledge. As such, targets and concepts outlined in this presentation may or may not be tested or be tested by different means. Exploration targets are conceptual in nature and drilling may not convert these targets to mineral resources.

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WHAT ARE HEAVY MINERAL SANDS (HMS)?

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• HMS deposits are found in shoreline environments - mostly exploited for titanium minerals and zircon
• The Valuable Heavy minerals fall into two categories: Titanium minerals (ilmenite, leucoxene and rutile) and Zircon
• Titanium minerals are processed to TiO2 feedstocks concentrate (titania slag, synthetic rutile)
• Zircon, a very valuable part of the HMS suite, is processed as a separate concentrate
• Known to contain Iron/titanium oxides that have significant potential value in high Iron ore price environments

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HEAVY MINERAL SANDS USES

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• Titanium is used as TiO2 pigment in paint, welding electrode fluxes, alloying agent with Al, Fe, Mo and Mn
• The alloys are used in aerospace and aircraft applications including engines, where strong, lightweight, temperature- resistant materials are needed
• TiO2 is considered a "quality of life" product - consumption increases as disposable income rises
• Zircon is a high value mineral used in many industrial and chemical applications

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