ELEMENT 25 LIMITED — Investor Presentation 2015

Jun 23, 2015

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**The

Yamarna
Project**

A
highly
leveraged
entry
into
an
emerging
gold
province.

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Disclaimer
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This
presenta,on
contains
an
overview
of
Montezuma
Mining
Company
Ltd
and
its
associated
en,,es (Montezuma)
and
their
respec,ve
ac,vi,es
and
opera,ons.
The
contents
of
this
presenta,on,
including ma@ers
rela,ng
to
the
geology
of
Montezuma’s
projects,
may
rely
on
various
assump,ons
and
subjec,ve interpreta,ons
which
it
is
not
possible
to
detail
in
this
presenta,on
and
which
have
not
been
subject
to
any independent
verifica,on.

This
presenta,on
contains
a
number
of
forward-­‐looking
statements.
Known
and
unknown
risks
and uncertain,es,
and
factors
outside
of
Montezuma’s
control,
may
cause
the
actual
results,
performance
and achievements
of
Montezuma
to
differ
materially
from
those
expressed
or
implied
in
this
presenta,on.

To
the
maximum
extent
permi@ed
by
law,
Montezuma
does
not
warrant
the
accuracy,
currency
or completeness
of
the
informa,on
in
this
presenta,on,
nor
the
future
performance
of
Montezuma,
and
will
not be
responsible
for
any
loss
or
damage
arising
from
the
use
of
the
informa,on.

The
informa,on
contained
in
this
presenta,on
is
not
a
subs,tute
for
detailed
inves,ga,on
or
analysis
of
any par,cular
issue.
Current
and
poten,al
investors
and
shareholders
should
seek
independent
advice
before making
any
investment
decision
in
regard
to
Montezuma
or
its
ac,vi,es.

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2

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Overview
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n **Board

of
Directors**

n **Market

Data**

¨ Seamus
Cornelius

Chairman ExecuOve
Director Director

• ¨ Shares
  on
  Issue: 70.5M ¨ Share
  Price: $0.22 ¨ Market
  Cap: $15.5M ¨ Cash: ~$6.8M

• ¨ JusOn
  Brown

• ¨ John
  Ribbons

n Management

• ¨ Investments: ~$2M ¨ Debt: Nil

¨ Bradley
Drabsch

ExploraOon
Manager

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• ~$6.7M

• ¨ EV

• ¨ Top
  20
  Shareholders:

• ~71%

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CASH AND INVESTMENTS ~$8.8M
ENTERPRISE VALUE ~$6.7M
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Projects

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• § Targeted
  tenement
  acquisi,on
  ongoing
  in
  Western Australia

• § Con,nued
  review
  of
  domes,c
  and
  overseas
  acquisi,on targets
  to
  deliver
  quality
  explora,on
  and
  near
  term produc,on
  opportuni,es

• § Currently
  holding
  tenements
  in
  the
  highly
  prospec,ve Murchison,
  Gascoyne
  and
  Yamarna
  regions
  of
  Western Australia

• § Priority
  gold
  targets
  iden,fied
  at
  100%
  owned Yamarna Project in
  the
  Yamarna
  Greenstone
  Belt

• § 100%
  owned
  Butcherbird
  Manganese
  and
  Copper Project
  straddles
  the
  Great
  Northern
  Highway approximately
  120km
  south
  of
  Newman

• § Green
  Dam
  Ni-­‐Cu-­‐PGE
  sulphide
  desktop
  review
  and
  data gathering

• § Woodie
  Woodie
  West
  Project
  maiden
  drilling programme
  completed.

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4

The Yamarna Project

• § The Yamarna Belt is geologically similar to the prolific Kalgoorlie Gold Belt and has been the focus of limited exploration.

• § Work so far has yielded in excess of six million .

• ounces of gold in resource[2]

• § Discoveries include the recently announced 5.51M oz discovery at Gruyere[1] by Gold Road Resources Ltd (“GOR”).

• § Montezuma’s ground is located along strike from GOR and contains multiple undrilled historical geochemical anomalies.

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1Website reference http://www.goldroad.com.au/reports/GruyereMaidenResourceAugust2014.pdf

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YAM 13
GRUYERE
5.51Moz Au
DOROTHY HILLS WEST
DOROTHY HILLS EAST
YAM 14 DOROTHY HILLS SOUTH
E38/2999
E38/2889
YAM 15
MONTEZUMA
PRIORITY
TARGET AREA
SINGLE SLICE
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Prospective Geology

• § Regionally
  significant
  soil
  anomaly iden,fied
  from
  historic
  soil sampling
  by
  Western
  Mining Corpora,on.

• § Anomalous
  area
  covers approximately
  20
  km[2] and
  contains two
  sub
  parallel
  linear
  anomalies over
  5
  km
  in
  strike
  length respec,vely.

• § No
  drilling
  recorded
  within tenement.

• § Geochemical
  anomaly
  is
  coincident with
  granite/greenstone
  contact.

• § Strong
  parallels
  to
  the
  recent
  gold discoveries
  by
  GOR
  (>6M
  oz
  Au[2] ).

• 2Website reference: http://www.goldroad.com.au/reports/ CapitalRaisingPresentationMayJune2015final2.pdf

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YAM 13
GRUYERE
5.51Moz Au
DOROTHY HILLS WEST
DOROTHY HILLS EAST
YAM 14 DOROTHY HILLS SOUTH
YAM 15
MONTEZUMA
PRIORITY
TARGET AREA
SINGLE SLICE
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Targeting - Gravity Data

§ Regional
gravity
data
highlights a
large
gravity
high.

§ Anomaly
maps
a
regional
scale geological
corridor approximately
20km
in
strike length.

§ Geochemical
anomalies posi,oned
on
the
edge
of
the anomaly
shows
similari,es
to the
Gruyere
discovery
by
GOR.

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Targeting - Aeromagnetics
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GRUYERE
5.51Moz Au
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§ Geochemical
anomalies coincident
with
favourable structural
posi,ons.

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REGIONAL GRAVITY
ANOMALY OUTLINE
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MONTEZUMA
PRIORITY
TARGET AREA
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§ Coincident
with
an
embayment in
an
interpreted
granite
body and
a
regional
scale
shear
zone. § Structural
interpreta,on
further supports
aggressive
explora,on.

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Next Door to a Giant
YAM 13 § Tenure
and
target
areas
immediately
GRUYERE adjacent
to
GOR’s
Yamarna
Project.
5.51Moz Au
§ Compara,ve
Enterprise
Values:
DOROTHY HILLS WEST § GOR
~$200M
§ MZM
~$6.7M
DOROTHY HILLS EAST
§ Proximity
to
GOR
poten,ally
lowers
YAM 14 DOROTHY HILLS SOUTH
the
threshold
for
a
commercial
E38/2999 discovery.
E38/2889
YAM 15 § Aggressive
programme
planned
over
the
next
two
quarters.
MONTEZUMA
PRIORITY
TARGET AREA § Rela,vely
low
cost
to
test
the
SINGLE SLICE poten,al
provides
poten,al
leverage
for
investors
who
join
the
register
TENURE
early.
MZM
GOR
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Land Access and Exploration Strategy
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§ Land

Access
(Cosmo
Newbury
Aboriginal
Reserve
Lands)

§ Mee,ng
to
agree
terms

§ Land
Access
Agreement

§ Grant
of
Mining
Permit

§ Heritage
Clearances

Completed Completed Completed Completed[3]

§ Explora,on

Strategy

§ Repeat
and
infill
of
soil
geochemistry
(completed
-­‐
assays
pending)

§ Aeromagne,c,
gravity
and
radiometric
data
reprocessing

§ Drill
tes,ng
of
anomalies

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3Note - Current work programme only, further heritage surveys may be required prior to drilling.

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2015 Vision
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**Montezuma

is
well
funded
and
strategically
posiOoned…**

• § Strong
  financial
  posi,on
  –
  cash
  and
  investments.

• § Strong
  cash
  posi,on

• § Significant
  liquid
  investments
  in
  listed
  en,,es

• § Low
  cost
  structure

• § Experienced
  Board
  and
  strong
  management
  team.

• § History
  of
  transac,onal
  and
  technical
  success.

• § Exis,ng
  assets
  present
  exci,ng
  poten,al
  for
  explora,on
  success.

• § Yamarna
  –
  GOLD

• § Woodie
  Woodie
  West
  –
  MANGANESE

• § Other:
  Butcherbird
  (MANGANESE,
  COPPER),
  Green
  Dam
  (NICKEL)
  etc.

• § Ac,vely
  seeking
  new
  advanced
  assets
  for
  acquisi,on.

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Contact
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Montezuma
Mining
Company Phone:
+61
8
6315
1400 Facsimile:
+61
8
9486
7093

31
Ventnor
Avenue,
West
Perth
WA
6005 PO
Box
910,
West
Perth
WA
6872 www.montezuma.com.au

JusOn
Brown Execu,ve
Director P:
+61-­‐8
6315
1400 E:
jbrown@montezuma.com.au

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QuesOons

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Competent person
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The
informa6on
in
this
report
that
relates
to
Explora6on
Results,
Mineral
Resources
and
Mineral
Reserves
is based
on
informa6on
compiled
by
Mr
Jus6n
Brown
who
is
a
member
of
the
Australasian
Ins6tute
of
Mining
and Metallurgy.
At
the
6me
that
the
Explora6on
Results,
Mineral
Resources
and
Mineral
Reserves
were
compiled, Mr
Brown
was
an
employee
of
Montezuma
Mining
Company
Ltd.
Mr
Brown
is
a
geologist
and
has
sufficient experience
which
is
relevant
to
the
style
of
mineralisa6on
and
type
of
deposit
under
considera6on
and
to
the ac6vity
which
he
is
undertaking
to
qualify
as
a
Competent
Person
as
defined
in
the
2012
edi6on
of
the ‘Australasian
Code
for
Repor6ng
of
Explora6on
Results,
Mineral
Resources
and
Ore
Reserves’.
Mr
Brown consents
to
the
inclusion
of
this
informa6on
in
the
form
and
context
in
which
it
appears
in
this
report.

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