Great Western Mining Corp. PLC · LSE:GWMO
Great Western Mining — Investor Presentation (September 2021)
38 slides from Great Western Mining's investor presentation, September 2021
Slide 1: Great Western Mining Corporation PLC Company Presentation September 2021
Great Western Mining Corporation PLC Company Presentation September 2021
Slide 2: Disclaimer
Disclaimer Certain information contained herein constitutes forward-looking statements which can be identified by the use of forward-looking terminology such as ‘anticipates’, ‘believes’, ‘estimates’, ‘expects’, ‘intends’, ‘may’, ‘plans’, ‘projects’, ‘should’ or ’will’, or, in each case, their negat
Slide 3: Contents
Contents I. Cover Slide 13. Copper Projects II. Disclaimer 14. Precious Metals Processing Summary III. Contents 15. Precious Metals Processing- Mineral Jackpot 4. Company Overview 16. Precious Metals Processing OMCO Mine 5. Properties & Targets 17. Funding the Work Programme 6. Company Strategy 18.
Slide 4: Great Western Mining Corporation - Overview
Great Western Mining Corporation - Overview ➢ Mineral exploration and development company exploiting precious metals and base metals in Nevada ➢ Gold exploration target1 – 0.50 to 1.50 million ounces from multiple prospects ➢ Ongoing projects to produce gold and silver through processing spoil heaps
Slide 5: Properties and Targets
Properties and Targets 100% owned Target Commodity Target Gold oz.1 Project Status Black Mountain Group Copper Seeking partners Mineral Jackpot Gold & Silver 50,000 - 100,000 Work ongoing Rock House Group Gold & Silver 25,000 - 75,000 Drilled in 2021 Huntoon Group Gold & Copper 10,000 - 50,000 Plann
Slide 6: Great Western's Strategy
Great Western’s Strategy Prioritise the exploration of gold and silver on existing licensed acreage to establish a commercial resource Fast-track the exploitation of precious metals to achieve early gold and silver sales Expand the search for precious metals into new areas (e.g. the Olympic Gold Pro
Slide 7: Gold, Silver & Copper in Nevada
Gold, Silver & Copper in Nevada • All the Company’s assets are located in Mineral County, Nevada and include old gold and silver mines which can be reworked with modern technology • Mineral County is rich in gold, silver, copper and other minerals, with numerous mining companies active in the immedi
Slide 8: Exploration Programme - Work in Progress (1)
Exploration Programme - Work in Progress (1) TRAFALGAR HILL PROSPECT Olympic Gold Project Drilling year to date: 6 holes totaling 4435 feet (1352 metres) Next phase drilling: 5 holes totaling 3310 feet (1009 metres) • Six holes were drilled in 2021 to test deep and shallow targets resulting in high-
Slide 9: Exploration Programme - Work in Progress (2)
Exploration Programme - Work in Progress (2) OMCO MINE AREA Olympic Gold Project Drilling year to date: 4 holes totaling 3185 feet (971 metres) Next phase drilling: 13 holes totaling 7285 feet (2220 metres) • The OMCO Mine produced gold at high grades until the 1940s and was abandoned at the point w
Slide 10: Exploration Programme - Work in Progress (3)
Exploration Programme - Work in Progress (3) WEST RIDGE PROSPECT Olympic Gold Project Drilling year to date: 1 hole totaling 500 feet (152 metres) Next phase drilling: 1 hole totaling 740 feet (226 metres) • The West Ridge prospect has previously been mined for gold • Magnetic survey indicated miner
Slide 11: Exploration Programme - Work in Progress (4)
Exploration Programme - Work in Progress (4) SOUTHERN ALTERATION ZONE (SAZ) Rock House Group (RH) Drilling year to date: 6 holes totaling 1685 feet (514 metres) Next phase drilling: 5 holes totaling 2380 feet (725 metres) • The SAZ is one of three prospects in the RH Group, a virgin area which has n
Slide 12: Exploration Programme – Early Stage
Exploration Programme – Early Stage OLYMPIC GOLD PROJECT • IP Survey to be carried out over deep zone at Trafalgar Hill when IP contractor becomes available in conjunction with survey over the EM copper prospect MINERAL JACKPOT • Consists of five adjacent historical gold and silver mines in mountain
Slide 13: Copper Projects
Copper Projects • Through approximately 5,000 metres drilling, Great Western has already established an inferred copper resource of 4.4 million tonnes at 0.45% copper • Given the time and money required to establish a commercially viable copper resource, the focus of the Company has recently been co
Slide 14: Precious Metals Processing - Summary
Precious Metals Processing - Summary • Great Western has made significant strides over the last two years in exploring for precious metals, where exploration drilling has yielded very promising results which offer an exciting future for the Company • Nevertheless, new gold mines take time to bring i
Slide 15: Mineral Jackpot - Precious Metals Processing
Mineral Jackpot - Precious Metals Processing • In late 2020 Great Western extracted spoil heap material from historical gold and silver mine workings in the Mineral Jackpot Group, producing a small doré bar made up of gold, silver and other minerals • This proved the initial concept of spoil heap re
Slide 16: OMCO Mine - Precious Metals Processing
OMCO Mine - Precious Metals Processing • At the Olympic Gold Project, 2021 field work has located a very large tailings heap dating from the abandoned OMCO Mine, together with a significant stockpile of material which was never processed when the mine was in production • Initial survey of the tailin
Slide 17: Funding the Work Programme
Funding the Work Programme • Great Western’s Half Year Results will be published on 30 September and will set out the Company’s net current asset position at 30 June 2021 • In early 2021 the Company raised £1 million in new equity to supplement its existing funds and so provide the flexibility to ex
Slide 18: Summary
Summary Great Western is currently Projects ongoing to Target gold ranges from Industry partners sought prioritising three out of Next phase of drilling The Company is generate early revenues 0.50 to 1.50 million oz. for Great Western’s large many precious metal is at an advanced funded for its curr
Slide 19: Great Western Mining Corp PLC
a * So Great Western Mining Corp PLC
Slide 20: Appendix A Descriptions of Individual Properties
Appendix A Descriptions of Individual Properties I. Mineral Jackpot- Gold-Silver Target II. RH Group- Gold-Silver Target III. RH Group- ‘SAZ’ Drilling Results IV. Olympic Gold Project- OMCO Mine Extension V. Olympic Gold Target Zones VI. Olympic Gold Drilling Results VII. Copper Target Zones VIII. R
Slide 21: Mineral Jackpot – Gold-Silver target
Mineral Jackpot – Gold-Silver target The Mineral Jackpot cluster is located in the Black Mountain Group of claims and comprises five closely-linked old gold mine workings. Processing of several spoil heaps rich in both gold and silver remains a near term aim alongside further definition of vein syst
Slide 22: RH Group – Gold-Silver target
RH Group – Gold-Silver target The Rock House Group (‘RH’) has never previously been explored or mined but mineralisation has been identified through satellite ASTER imagery and was confirmed on the ground by soil sampling in late 2019. A trenching programme over two of the main target areas was comp
Slide 23: RH Group – 'SAZ' Drilling Results
RH Group – ‘SAZ’ Drilling Results • Initial surface mapping indicated likely mineralisation • Positive gold assays returned from a 2020 trenching programme • 6 shallow reverse circulation holes totaling 516m were drilled during summer 2021 • The holes successfully intersected 3 mineralised lode stru
Slide 24: OLYMPIC GOLD PROJECT - OMCO Mine Extension
OLYMPIC GOLD PROJECT - OMCO Mine Extension • In May 2020 Great Western acquired a 4-year option to purchase the 825-acre Olympic Gold Project in eastern-central Mineral County, Nevada, extended into a second year in June 2021 • The Olympic Gold Project comprises several gold and silver prospects inc
Slide 25: Olympic Gold Target Zones
Olympic Gold Target Zones 1. OMCO Mine Extension • Extension of the remaining OMCO Vein across unexplored fault blocks to the south and west of the mine workings. • Follow up parallel vein sets both above and below the OMCO Vein indicated by historical drilling, such as the Cosmos Vein. Trafalgar Hi
Slide 26: Olympic Gold – Drilling Results
Olympic Gold – Drilling Results 11 reverse circulation drill holes totaling 2475m were drilled on 3 prospect at Olympic in summer 2021 Trafalgar Hill • 3 holes targeted a shallow level vein that returned 24 g/t & 33 g/t Au at surface workings • 3 holes targeted a deeper sulphide zone touched upon by
Slide 27: Copper Target Zones
Copper Target Zones 1. M2 Copper Project • Indicated and Inferred Mineral Resource of 4.3 million tonnes at 0.44% Cu, for 19,000 tonnes of Cu metal • Open down dip and along strike • Deep copper target defined based on IP/resistivity anomaly within the host diorite M2 Copper Project 2. M4 Copper Pro
Slide 28: Regional Setting - Golconda-Candelaria Fault
Regional Setting - Golconda-Candelaria Fault • The Golconda Thrust Fault is an extensive regional structure spanning Nevada from west to north and providing a major pathway for hydrothermal mineralisation Golconda Claims Best drill intersect • The fault is host to the major Candelaria Golconda Claim
Slide 29: JS Group – M5 Gold target
JS Group – M5 Gold target • The M5 prospect occurs in altered siliceous basement rock, exposed beneath volcanic cover for approximately one square kilometre • Field work conducted in 2014 and 2019 found consistently anomalous readings of gold, arsenic and antimony along the north-easterly crest of t
Slide 30: TUN Group – Gold target
TUN Group – Gold target • A mapping and rock sampling programme undertaken in 2019 identified multiple >2km strike length quartz veins and numerous historical adits including one with >300m drive length • The veins are up to 2m thick and have returned assays including 9.84 g/t Au, 4.99 g/t Au and 1.
Slide 31: JS Group – M4 Copper Project
JS Group – M4 Copper Project • 3 diamond holes drilled in 2018 to test beneath outcrops of cupriferous vein and silicic alteration. • One hole, M4_005, hit a large quartz-copper-carbonate breccia vein at 106.2m. The intercept comprised 43.0m @ 0.24% Cu, including 1.8m @ 0.74% Cu from 121m. • The bre
Slide 32: EM Group – M8 Eastside Copper target
EM Group – M8 Eastside Copper target • A mapping and soil sampling programme completed in June 2019 successfully identified intersecting mineralised fault corridors from satellite imagery • 2 extensive NE trending graben structures host Cu enriched soil anomalies and Cu –quartz vein bearing fault br
Slide 33: Huntoon Group – M1 Gold-Copper target
Huntoon Group – M1 Gold-Copper target • The former Huntoon mine, in the centre of the property, was previously exploited for gold • Best surface sample assays of 14.10 g/t Au and 33.60 g/t Au near the former workings • Single RC hole drilled in 2018, SW of the main gold zone • The hole was designed
Slide 34: Black Mountains Group – M2 Copper Target
Black Mountains Group – M2 Copper Target • Indicated and Inferred Mineral resource, prepared in accordance Cu bearing with JORC (2012) guidelines exploratory pit • Current total resource of 4.3Mt @ 0.45% Cu, for 19kt of Cu metal (at Area open to further intersects a 0.20% Cu cut-off) M2_034 13.37m @
Slide 35: Black Mountains Group – M2 Deep Copper Target
Black Mountains Group – M2 Deep Copper Target • Target is a deeply buried IP/resistivity anomaly within the diorite, down plunge from the current M2 oxide Cu Resource • The target could potentially extend the current M2 resource a further 500m along strike. Target M2_034 thickness could range from 1
Slide 36: Appendix B- Abbreviations Used
Appendix B- Abbreviations Used km kilometre m metre Au Gold Ag Silver Cu Copper g/t grams per metric tonne Mt mega (million) metric tonnes Kt kilo (thousand) metric tonnes RH Rock House group of claims MJ Mineral Jackpot prospect HUN Huntoon Valley group of claims BM Black Mountain group of claims E
Slide 37: Appendix C- Board of Directors
Appendix C- Board of Directors Brian Hall, Executive Chairman, has worked in natural resources for four decades, managing an oil company operating in five continents and bringing it to a premium listing on the London Stock Exchange. Robert O’Connell, Operations Director, is a founder director of the
Slide 38: Mining activity in and bordering Mineral County
Mining activity in and bordering Mineral County
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