Investor Presentaiton
COBAR BASIN
-
KEY MINES AND PROJECTS*
EXISTING MINES
Metals Acquisition (NYSE:MTAL, ASX:MAC) purchased CSA Copper Mine
from Glencore for US$1.1 billion in 2022, Australia's largest Cu mine
MAC started ASX trading on 20 February 2024, raised A$325M in
oversubscribed IPO
Aurelia Metals (ASX:AMI) Hera and Peak, with Federation and Great Cobar
in development. Two CIL/flotation plants
Kingston Resources (ASX:KSN) Mineral Hill, CIL/flotation plant, moving
from reprocessing tailings to mining in FY25, within 100km of Browns Reef
Polymetals Resources (ASX:POL) Endeavor ('Elura')
CSA Copper Mine
Metals Acquisition
13.3Mt @ 5% Cu, 21g/t Ag
(resource)
7.9Mt @ 4% Cu, 16g/t Ag
(reserves)
Wonawinta
Manuka Resources
Endeavor Mine
Polymetals Resources
16.3Mt 8% Zn, 4.6% Pb, 79g/t Ag
38.3Mt @41.3g/t Ag, 0.54% Pb
Wirlong
Peel Mining
Cobar
Peak Mine
Aurelia
4.3Mt @ 1.75% Cu, 6g/t Ag,
0.1% Zn, 0.02% Pb, 0.03g/t Au
Mallee Bull
Peel Mining
46.6koz Au, 12.1kt Pb,
6.7kt Zn, 6.3kt Cu pa
6.34Mt @ 1.92% Cu, 26g/t Ag,
0.12% Zn, 0.19% Pb, 0.35g/t Au
Nymagee
Tritton
Aeris
Federation
Aurelia
5.0Mt at 9.2% Zn, 5.4% Pb,
0.3% Cu, 0.9g/t Au, 6g/t Ag
Overflow Mine
Alchemy Resources
May Day
Peel Mining
1.6Mt @25g/t Ag, 0.92% Zn,
0.61% Pb, 0.98g/t Au
EL9180
Wagga Tank - Southern Nights
Peel Mining
Mineral Hill
Kingston Resources
[email protected]/t Au,
EL9565
6.83Mt @ 0.24% Cu, 62g/t Ag, 3.92% Zn,
1.52% Pb, 0.3g/t Au
26g/t Ag, 1% Cu,
1.6% Pb, 1.1% Zn
Condobolin
DEVELOPMENT PROJECTS
Peel Mining (ASX:PEX) Mallee Bull, Wirlong and Wagga Tank-Southern
Nights underground projects, and an open pit project at May Day
* The third-party projects are not considered by the Company to be peer comparisons to the Company's projects; Eastern Metals is a mineral explorer,
not a mineral producer. The third-party projects listed are from producing operations or approved mining projects
* Information extracted from each company's website, market announcements, presentations and reports lodged during the FY2023 and FY2024 periods
* "Metals Acquisition Limited Initial Offering in Connection with ASX Listing Oversubscribed and Upsized to ~A$325million", 9 February 2024
8
Brisbane Mining Investor Conference | 13 March 2024
EL9136
Legend
Major township
Lake Cargelligo
Town
Highway
EL6321
Browns Reef
Major road
EMS tenement
Mine
EL9136
>Major resource
25
50 km
Cobar 04
EASTERN
METALSView entire presentation