PowerPoint Presentation

Bauxite Hills Project

ASX : MMI | QEC Investor Forum| May 2016

Compelling Proposition

Metro is a Rare, High Margin Investment in a Growth Sector

Positive fundamentals for bauxite

Simple DSO project, well located in Cape York's world class bauxite province

Low CAPEX, high margins and excellent economics Native title finalised and permitting on track

Proven, high quality team who have developed & operated mines globally

Attractive share price upside

ASX : MMI | QEC Investor Forum| May 2016

Bauxite is the Primary Ore of Aluminium

Key Ingredient for Manufacturing Aluminium 4-6 tonnes bauxite

=

2 tonnes alumina

=

1 tonne aluminium

Key Bauxite Value Drivers

Metro Mining Ltd

Grade

Alumina content ranges from 30% - 65% and silica ranges from 2% - 30%

Alumina 50-54 % Silica 6-9%

Location

Proximity to buyer, supply reliability and sovereign risk

Close to Asia

ASX : MMI | QEC Investor Forum| May 2016

Location Provides Brand & Value Driver

Located 95km North of Weipa with ready access via the Skardon River

  • Weipa is a world renowned and high quality bauxite province

  • Adjacent to historic kaolin mining operation

  • Skardon River is an approved Queensland port

  • Advantageous proximity to key Chinese end market

  • Strategic regional tenement position covering ~1,300km2

ASX : MMI | QEC Investor Forum| May 2016

Metro Mining Limited published this content on 31 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 May 2016 03:41:03 UTC.

Original documenthttp://www.metromining.com.au/media/1350/20160531-mmi-chairmans-presentation-to-qld-exploration-council-4-3.pdf

Public permalinkhttp://www.publicnow.com/view/736E4009FB6E35B83E4BFAF65C6175447BDBFEA6