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MOHO RESOURCES LIMITED Investor Presentation 2019

Feb 20, 2019

65359_rns_2019-02-20_338761eb-ec8f-47ab-a6cd-5423eab1024f.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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February 2019

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This presentation is not a prospectus nor an offer or inducement to subscribe for shares in Moho Resources NL (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 conjunctions 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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Aggressive Exploration on Highly prospective Gold and Nickel projects in WA and QLD

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Experienced directors & exceptional technical team

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Tight Capital structure

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Loyalty Options Announced

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C a p i t a l S t r u c t u r e
SHARES OPTIONS
TIGHT
On Issue 42,484,592 24,708,709
CAPITAL
Share Price $0.13

STRUCTURE
Market Cap $5,523,000
The Company has announced it’s intention to issue “Loyalty” Options on a 1:3 basis expected to be completed in March2019
Share price at close of business 20 Feb 2019
Option includes director milestone options
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DIRECTORS

TECHNICAL TEAM

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

Robert (Bob) Affleck (Exploration Manager)

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

Max Nind (Principal Geologist)

EXPERIENCED DIRECTORS AND TECHNICAL TEAM

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

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)

Extensive experience in underground geological supervision at nickel mines in Kambalda, WA regional exploration for magmatic nickel sulphides in Australia and Canada

Dr Jon Hronsky (OAM) (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

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**

**Founding directors include management performance options through milestones (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 by Sandfire Resources($0.06 to $8.53 2012) - 142x

Nova/Bollinger Ni/Cu by Sirius Resources – 100x ($0.05 to $5, 2013)

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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 by Sandfire Resources($0.06 to $8.53 2012) - 142x

Nova/Bollinger Ni/Cu by Sirius Resources – 100x ($0.05 to $5, 2013)

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EXPLORATION PROJECTS

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EMPRESS SPRINGS Au
SILVER SWAN NORTH Au/Ni
BURRACOPPIN Au
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PRE-IPO EXPERT COMMENTS

” “An Outstanding opportunity

- World renowned geologist

Croydon Goldfield 1.2Moz Au

“Empress Springs could be the Olympic Dam of gold*”

  • (Geological setting has potential for giant gold systems)

“Rare opportunity for World Class mineralisation Exploration project”

- Dr Jon Hronsky World renowned geologist

“Potential to host major gold deposits”

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Empress
Springs
Project
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  • Geoscience Australia & Geological Survey of QLD

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WHAT HAS MOHO ACHIEVED AT EMPRESS SPRINGS SINCE IPO?

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– Empress Springs, Qld

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Significant Virgin Gold & Base Metal discovery in maiden drill program

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  • 5,727m of drilling and 87 holes completed

2,116km2 of significant land acquisition to consolidate Moho’s prospectivity over 110km of trans-crustal structures

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Soil Geochem sampling across all 773km[2] tenements completed

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Detailed ground based Gravity survey across all 773km[2] tenements complete

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First stage 51% of farm-in with IGO achieved, and Intention to progress to 70% declared

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POTENTIAL WORLD CLASS MINERALSING SYSTEM – EMPRESS SPRINGS (QLD) – Au

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  • Exploration for giant gold deposits under cover

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  • 2,889km2 of contiguous tenure over target zones A and B

  • 20 km south of Croydon Goldfield (A$2.0B,

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  • 1.2M oz historic Au production)

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EMPRESS SPRINGS GOLD & BASE METAL DISCOVERY

Arrowhead Prospect:

  • Discovery hole ESA023 intersected 10m @ 1.1 g/t Au from 44 – 54m, including 2m @ 2.1 g/t Au , 2.5 g/t Ag, 0.26% Zn, 0.14% Pb from 50-52m

  • Mineralisation generally increases with depth in basement Hole ESR029 1.6 g/t Ag from 58-59m, Anomalous silver mineralisation in basement

  • Bottom of hole base metal anomalism extends over 2km

Racetrack Prospect:

  • Hole ESR046 0.94 g/t Au from 63-65m, Anomalous gold mineralisation in basement

  • Widespread and intense alteration in basement observed in many reconnaissance drillholes, indicative of large mineralising system Mineralisation has similar geochemical signature to historical 1.2 Moz Croydon Goldfield

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EMPRESS SPRINGS GOLD & BASE METAL DISCOVERY

Arrowhead Prospect:

  • Discovery hole ESA023 intersected 10m @ 1.1 g/t Au from 44 – 54m, including 2m @ 2.1 g/t Au , 2.5 g/t Ag, 0.26% Zn, 0.14% Pb from 50-52m

  • Mineralisation generally increases with depth in basement Hole ESR029 1.6 g/t Ag from 58-59m, Anomalous silver mineralisation in basement

  • Bottom of hole base metal anomalism extends over 2km

Racetrack Prospect:

  • Hole ESR046 0.94 g/t Au from 63-65m, Anomalous gold mineralisation in basement

  • Widespread and intense alteration in basement observed in many reconnaissance drillholes, indicative of large mineralising system Mineralisation has similar geochemical signature to historical 1.2 Moz Croydon Goldfield

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EMPRESS SPRINGS SIGNIFICANT LAND ACQUISITION

Review by world-renowned geologist Dr Jon Hronsky (OAM) has significantly upgraded potential for major mineral discoveries at Empress Springs Gold Project following exceptional drill results from Moho’s maiden reconnaissance drill program

Applications made to secure 2,116km2 of prospective ground with an additional 70km of strike covering a total of 110km strike length of potentially mineralised structures

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EMPRESS SPRINGS REVIEW BY DR HRONSKY

Distinctive ring structure interpreted as caldera margin Suggests Empress Springs area was major magmatic centre for the Croydon mineralising event

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SILVER SWAN NORTH (WA) Au/Ni PROJECT Pre-IPO

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  • 50km North of Kalgoorlie

  • 56km2 contiguous area

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Moho owns 100% (1 x EL, 2 x PL, 1 x ELA) Staged earn in to 70% in (1 x ML, 1 x EL) by expending $1m by June 2025 – (Stage 1, 51% equity achieved)

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Extensive Au mineralisation, including high grade intersection (3m @37g/t Au) Located close to Ni & Au plants Potential for early stage Au production

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WHAT HAS MOHO ACHIEVED AT SILVER SWAN NORTH SINCE IPO?

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– Silver Swan, WA

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  • Drilling confirmed a number of gold zones at different depths, and extended known gold mineralisation to 220m along strike

  • Best intersection of 3.0 m @16.3 g/t Au from 100m, including 1.0 m @ 42.6 g/t Au in MRC012

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  • High sensitivity SQUID EM survey initiated to follow up Ni anomalies identified in historic EM, soil surveys and anomalous drill intersections

  • Detailed ground-based gravity survey completed

  • Aboriginal Heritage Survey on key exploration areas completed

  • Approval of co-funded drilling application for up to $150,000 from WA Government

CSIRO ‘Kick-Start’ R&D geochemical fingerprinting program to identify nickel sulphide prospective geology approved

First stage 51% of farm-in with ODIN achieved, and Intention to progress to 70%

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SILVER SWAN NORTH GOLD RESULTS

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SILVER SWAN NORTH (WA) – NICKEL SULPHIDE EXPLORATION

Moho is targeting potential high-grade nickel sulphide (NiS) mineralisation similar to that at nearby Silver Swan nickel mine

Maiden nickel sulphide drill program for ~1000m of RC drilling to commence in early March 2019 Five EM drill targets for NiS identified under cover from historical exploration data in conjunction with recently acquired EM data using high sensitivity SQUID technology

Moho working with CSIRO to geochemically “fingerprint” ultramafic units in drill samples to map stratigraphy prospective for NiS mineralisation 2 EM anomalies on E27/345

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SILVER SWAN NORTH (WA) - NiS EXPLORATION

Three EM anomalies on E27/528 - near historical RC drill hole SNRC008:

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  • 5m of sediment intersected from 255m containing 10-40% sulphides (up to 0.1% Ni) before ending in ultramafic rocks downhole EM survey detected large, late time off-hole response towards bottom and south of drillhole

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  • not followed up with further drilling at the time

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EMERGING GOLD-RICH GREENSTONE BELT - BURRACOPPIN (WA) PROJECT PRE-IPO

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Au in soil anomalies in under-explored greenstone belt in Wheatbelt

One EL (~ 130km2) identified by IGO from Au anomaly from database (cf discovery of giant Tropicana Au gold mine)

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– Moho earning 70% by expending $450,000 by 6/11/19 (Spent ~$200k to date)

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  • On major structural trend to 700,000 oz Au deposit at Tampia ~100km to south;

  • ~10km west of operating Edna May Au plant

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BURRACOPPIN Westonia
Edna
May Gold
Mine
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WHAT HAS MOHO ACHIEVED AT BURRACOPPIN SINCE IPO?

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– Burracoppin, WA

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  • Airborne EM survey completed over E70/4688

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  • Grant of adjoining E70/5154 significantly increases gravity anomalies to be tested

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  • In the process of community consultation and negotiating land access and compensation agreements

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  • Received and processing AEM data

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  • Designing auger drill program over exploration target areas identified by soil geochemistry, AEM and gravity surveys

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BURRACOPPIN (WA) PROJECT – EXPLORATION TARGETS

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PRIMED TO MAKE AUSTRALIA’S NEXT BIG DISCOVERY

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

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EMPRESS SPRINGS PROJECT SUBJECT TO BENEFICIAL BUY BACK TO MOHO

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

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On completion of pre-feasibility study (PFS) by Moho on any Mining Lease (ML), IGO may elect to a buy-back with Moho retaining 49% JV Interest in that ML, at IGO’s election:

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market value based on the average of two independent valuations; or

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3.5 times Moho’s total expenditure incurred on all the Empress Springs tenements

  • Moho continues as manager and retains a 70% JV interest in the remainder of all the exploration tenements

Any additional discoveries by Moho are subject to possible buy backs of those MLs by IGO, potentially generating further substantial funds for Moho

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Within any ML where IGO has bought back, Moho can elect to convert its 49% JV equity to a 30% carried interest in the ML (Moho to be funded through to start of commercial production, with loan repaid out of 25% of Moho’s annual positive net operational cash flow)

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