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MOHO RESOURCES LIMITED Investor Presentation 2018

Nov 25, 2018

65359_rns_2018-11-25_ea392d27-a259-444d-ac81-b50ec5ab1e8c.pdf

Investor Presentation

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THE MOHOROVICIC DISCONTINUITY, THE BOUNDARY SEPERATING THE CRUST & MANTLE OF THE EARTH ACROSS WHICH SEISMIC WAVES CHANGE VELOCITIES

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This presentation is not a prospectus nor an offer or inducement to subscribe for shares in Moho Resources Ltd (Moho) and has not been lodged with the Australian Securities and Investments Commission. Except for any liability which cannot be excluded by law, Moho and its affiliates expressly disclaim and accept no responsibility or liability (including liability for negligence) for the contents of this document.

This presentation has been prepared for the consideration of interested parties in Moho and does not carry any right of publication or disclosure to any other party. This presentation is incomplete without reference to and should be viewed solely in conjunction with the oral briefing provided by Moho’s management. Neither this presentation nor its content may be used for any other purpose without prior written consent of Moho.

DISCLAIMER

The information contained in this presentation is of general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.

This document may contain forward-looking statements. Investors are cautioned that forward‐looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward‐looking statements due to the inherent uncertainty therein.

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ABOUT MOHO RESOURCES NL

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  • Experienced directors & exceptional technical team

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  • Highly prospective exploration projects in WA and QLD

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  • Listed on ASX 7th November 2018 raising $5.3M

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  • Exploring highly prospective Au and Ni massive sulphide targets

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  • Working to generate strong, sustained news flow and enhanced share price

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DIRECTORS

EXPERIENCED DIRECTORS AND CONSULTANTS

Terry Streeter (Non-Exec Chairman)

Extensive experience in funding, listing and overseeing junior explorers in all exploration and economic cycles.

Has been Director and Shareholder of Jubilee Mines, Western Areas, Fox Resources, Midas Resource, Riverbank Resources & Alto Metals

Shane Sadleir (Managing Director) - Geoscientist

Extensive experience in exploration, mine geology, research, environmental protection, IPOs

Founding director of Bannerman, Trafford, Ironclad, Scotgold, Athena and NED of Robust

Ralph Winter (Commercial Director) – Corporate

Experience in exploration, mining (Trafford, Ironclad, Robust Resources, Mineral Products)

Director of Breast Cancer Care WA and Founding Director of Australian Remote Assistance

GAICD - Graduate of Australian Institute of Company Directors

Robert (Bob) Affleck (Exploration Manager)

Extensive experience in exploration of gold and base metal deposits, including at Silver Swan North

TECHNICAL CONSULTANTS

Jon Hronsky (geologist)

Discovered Neo-Babel. Chairman of world-renown Centre for Exploration Targeting and Australian Geoscience Council, Adjunct Professor at UWA and Macquarie University

Kim Frankcombe (geophysicist)

Principal of ExploreGeo Pty Ltd ; previously senior consultant of Southern Geoscience geophysicists

Extensive expertise in geophysics, including targeting of gold and base metal deposits

Richard Carver (geochemist)

Ex-WMC, extensive expertise in exploration of gold and base metal deposits

Adrian Larking (Non-Exec Director) - Geologist and Lawyer

Extensive experience in exploration, mine geology and commerce (Kambalda Nickel Operations, Olympic Dam Operations, various senior management roles in WMC)

Experience as director of listed and unlisted resource companies; AMEC Councillor

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DIRECTORS
INCENTIVISED
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D i r e c t o r h o l d i ng s a t I P O D i r e c t o r h o l d i ng s a t I P O D i r e c t o r h o l d i ng s a t I P O
Shares Options
Terry Streeter
Non-Executive Chairman
1,500,000 1,000,000
Shane Sadleir
Managing Director
2,828,594 6,642,892*
Ralph Winter
Commercial Director
516,667 3,175,001*
Adrian Larking
Non-Executive Director
637,903 3,356,855*

*Options are subject to performance linked vesting conditions (geared to share price and metres drilled: $0.25 & 5,000m; $0.35 & 10,000m; $0.50 & 15,000m)

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MAJOR DEPOSIT DISCOVERY CAN DELIVER HUGE SHARE PRICE MULTIPLES

Speculative Conservative Investment Investment Dividends

FOCUS ON SHARE GROWTH BY DISCOVERY

TIME >

EXPLORATION DISCOVERY FEASABILITY & COMMISSIONING STEADY STATE DEVELOPMENT & DERISKING PRODUCTIVITY

Degrussa Cu/Au discovery by Sandfire Resources

Nova/Bollinger Ni/Cu discovery by Sirius Resources

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PROJECTS & EXPLORATION STRATEGY

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EMPRESS SPRINGS Au
SILVER SWAN NORTH Au/Ni
BURRACOPPIN Au
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POTENTIAL FOR MAJOR DISCOVERY & SHARE PRICE DRIVERS

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– Empress Springs, Qld Potential significant gold mineralisation (shallow cover) near historical Croydon Goldfield. First 4,000m+ RC drill program of airmag targets (Nov18)

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  • Silver Swan North, WA massive nickel sulphide & high grade gold targets next to Black Swan processing plant.

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  • ~1,000m diamond drill program of EM anomalies near high grade Silver Swan (targeted for Dec18-Jan19)

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  • 2,078m RC/AC drilling extensions of high grade gold targets on granted mining lease (completed Sept18)

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MAJOR EXPLORATION PROGRAM UNDERWAY EMPRESS SPRINGS (QLD) – Au

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Exploring for significant gold deposits Staged Farmin earning up to 70% for $2.4M by 27/7/2023 & strategic mining alliance with Independence Group – beneficial buy back for Moho

Spent ~$700k to date

Three granted Exploration Permits over 773 km[2]

20 km south of Croydon Goldfield (1.2M oz historic Au production) No outcrop; under 35 – 70m of cover. No previous drilling for Au

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MAJOR EXPLORATION PROGRAM UNDERWAY EMPRESS SPRINGS (QLD) – Au

E M P R E S S S P R I N G S

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Major Exploration work completed to date:

  • 49 (+/- 3,900m) reverse circulation and aircore reconnaissance drill holes over selected targets completed to date

Comprehensive soil geochemical survey over project area and selected targets (~95% completed)

Detailed ground-based gravity survey over project area and selected targets (~85% completed)

  • Land access and compensation agreements signed with affected station owners Base camp established and access tracks refurbished for reconnaissance drilling

Next Steps:

  • Complete remaining drillholes and demobilise from site by end of November 2018 due to imminent onset of wet season

  • Receive and process assay results from soil geochemical survey and reconnaissance drilling (December 2018)

Receive and process gravity data (December 2018)

Acquire, reprocess and interpret 2007 seismic data of line 07GA-IG1 from Geoscience Australia (December 2018)

  • Interpret and integrate data sets to refine existing exploration targets and identify any new targets (January 2019)

  • Make preparations for next drill program commencing about April 2019, including heritage survey and clearing for existing and new drill targets

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EMPRESS SPRINGS (QLD) – Au

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Reverse circulation drilling in progress at Empress
Springs in October 2018
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EARLY CASH FLOW POTENTIAL - SILVER SWAN NORTH (WA) Au/Ni PROJECT

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55km2 contiguous area

Moho owns 100% (1 x EL, 1 x PL, 1 x ELA, 1 x PLA) Staged earn in to 70% in (1 x ML, 1 x EL) by expending $1m by June 2025 (spent >$550k to date to move to 51% equity) Extensive Au mineralisation (including high grade intersection (3m @ 37g/t Au)* confirmed by Moho RC drilling in September 2018 Located close to Ni & Au plants Potential for early stage Au production Two highly prospective EM targets for massive Ni sulphides including highly conductive SSE1 anomaly ~2km from Poseidon’s very high grade Silver Swan deposit

See section 3.6.3 of the Independent Technical Assessment Report ( ITAR* ) in Moho’s prospectus dated 10 August 2018 (released to ASX on 5 November 2018). The Company is not aware of any new information or data that materially affects the information contained in the ITAR.

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ENCOURAGING GOLD ASSAYS FROM FIRST DRILL PROGRAM AT SILVER SWAN NORTH

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Significant gold results* in Moho’s first drill program at East Samson Dam prospect on M27/263 include:

MRC011: 8.0 m @ 7.89 g/t Au from 56m including 4.0m @ 11.0 g/t Au from 56m MRC 012: 4.0 m @ 11.3 g/t Au from 48m and 4.0 m @ 15.1 g/t Au from 100m MRC 013: 4.0 m @ 5.1 g/t Au from 76m MRC 017: 2.0 m @ 6.54 g/t Au from 89m including 1.0m @11.8 g/t Au MRC021: 12.0 m @ 3.14 g/t Au from 56m including 4.0m @ 7.47 g/t Au from 56m

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Drilling extends known gold mineralisation reported in historical drilling Further drilling planned by Moho for early 2019 to define limits of gold mineralisation at East Samson Dam Prospect and test new target areas

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*See ASX release “Encouraging Gold Assays from Moho’s First Drilling Program at Silver Swan North” (dated 16 November 2018) for full results from September 2018 drill program

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September 2018 Drill Hole Plan with significant gold intersections (>0.5g/t Au) in relation to bedrock geology

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MAJOR Ni SULPHIDE EXPLORATION UNDERWAY AT SILVER SWAN NORTH

Major Exploration Completed to Date:

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  • Infill and extensional ground EM survey around anomalies close to Poseidon’s high grade Silver Swan nickel deposit (underway shortly)

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  • Detailed ground-based gravity survey to identify new drill targets in Project area (completed)

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  • Aboriginal Heritage Survey (completed, awaiting consultant report)

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  • Application for co-funded drilling grant (decision expected in December 2018) CSIRO Kick-Start geochemical fingerprinting research program to start

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Next Steps:

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  • Process and analyse gravity and EM data and update known nickel sulphide targets

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  • Identify potential new targets for nickel sulphides

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  • Stage 1 nickel sulphide RC and diamond drill program (subject to rig availability, late December 2018 – early January 2019)

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  • Major geochemical and stratigraphic aircore drill program across area under cover to identify suitable host rocks for nickel sulphide mineralisation (targeting Q1 2019)

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  • Geochemical “fingerprinting” of ultramafic units in drill-samples using CSIRO technology to identify prospective units for nickel sulphide mineralisation Stage 2 nickel sulphide RC and diamond drill program (H1, 2019)

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MAJOR Ni SULPHIDE EXPLORATION UNDERWAY AT SILVER SWAN NORTH

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Infill EM traverse lines on E27/345
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Area covered by gravity survey

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PRIMED TO MAKE AUSTRALIA’S NEXT BIG DISCOVERY

✓ Right commodities ✓ Right projects ✓ Right people ✓ Right timing

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