Great Western Mining Corp. PLC · LSE:GWMO
Great Western Mining — Investor Presentation (January 2019)
17 slides from Great Western Mining's investor presentation, January 2019
Slide 1: Update January 2019
—* GREAT WESTERN MINING Update January 2019
Slide 2: Disclaimer
Disclaimer THESE PRESENTATION MATERIALS WHICH HAVE BEEN PREPARED BY GREAT WESTERN MINING CORPORATION PLC (“THE COMPANY”) ARE FOR INFORMATION PURPOSES ONLY AND HAVE NOT BEEN APPROVED BY THE LONDON STOCK EXCHANGE, EURONEXT DUBLIN OR THE FINANCIAL CONDUCT AUTHORITY. THESE PRESENTATION MATERIALS DO NOT
Slide 3: Great Western – Copper and Gold play in Nevada
Great Western – Copper and Gold play in Nevada • Great Western has a large tract of acreage in the appropriately named Mineral County, Nevada • Rugged, mountainous terrain means that there are still large areas that are under explored • Mineral County is rich in gold, silver and copper. Great Wester
Slide 4: GWM Licence Areas – Location and Setting
GWM Licence Areas – Location and Setting • GWM claims are located in the Central Walker Lane, in an area referred to as the Mina Deflection • The Mina Deflection is a series of E-NE trending faults, generally sitting within a right step between the NW trending faults of the main Walker Lane trend. •
Slide 5: GWM Licence Areas and Operation Stats
GWM Licence Areas and Operation Stats Black Mountains Group Total Area 21.0 km2 Soil samples 139 Huntoon Group Grab samples 231 Total Area 14.8 km2 Area Mapped 16.2 km2 Soil samples 232 RC Holes 40 Grab samples 18 RC Holes 1 Black Diamond Holes 2 Diamond Holes 2 Mountains Total drilling 22,511ft/ 68
Slide 6: Black Mountains Group – M2 Copper Project
Black Mountains Group – M2 Copper Project • Indicated and Inferred Mineral Resource, prepared in accordance with JORC guidelines • Current total Resource of 4.3Mt @ 0.45% Cu, for 19kT of Cu metal (at a 0.20% Cu cut-off) • The M2 Copper project is open down dip towards the SE, and also along strike b
Slide 7: Black Mountains Group – M2 Sharktooth
Black Mountains Group – M2 Sharktooth • Two diamond core holes were drilled in 2018, following earlier RC holes M2_025 and M2_026 • Target is a deeply buried zone within the diorite, beneath the Sharktooth peak, down dip from the current M2 oxide Cu Resource • The target could potentially extend the
Slide 8: Black Mountains Group – M2 Sharktooth
Black Mountains Group – M2 Sharktooth • Great Western will solve the drilling problems by reverting back to RC drilling • The deep seated diorite can also be targeted from the existing Cu oxide zone encountered in the Smith area • This is an untried procedure but should have the advantage of testing
Slide 9: Black Mountains Group – M2 Sharktooth
Black Mountains Group – M2 Sharktooth • A further option is to collar a hole in the east, within the Silver Bell granite, and drill westwards through the Sharktooth shear zone . The granite should provide much more favourable drill conditions compared to the Dunlap sediments • Further work is planne
Slide 10: Bass Mine/Mineral Jackpot target
Black Mountains Group – Bass Mine/Mineral Jackpot target • Geological mapping indicates presence of mineralised sheeted quartz veins in host granite, prospective for narrow vein, high grade precious metals. • Grab sampling of spoil dumps from former workings carried out in 2015 by Great Western yiel
Slide 11: Silver Moon Prospect
Black Mountains Group – Silver Moon Prospect • 66 claims recently added to the Eastern side of the Black Mountains Group • These claims cover the Silver Moon and Silver Bell prospects – historically worked for Au-Ag-U • 2018 mapping in the area reveals presence of Dunlap sediments in the south, host
Slide 12: JS Group – M4 target
JS Group – M4 target • Cu target identified through geophysical surveys, soil sampling, and mapping of mineralised veins on surface. • Three diamond holes drilled in 2018 to test beneath outcrops of cupriferous vein and silicic alteration. • One hole, M4_005, hit a large quartz-copper breccia vein a
Slide 13: Huntoon Group – M1 target
Huntoon Group – M1 target • Soil sampling indicates presence of both Cu and Au mineralisation • Structures may be inferred to be trending NE-SW or NW-SE. • Single RC hole drilled in June 2018 – CPGW_1 • The RC hole was designed to test the strong Cu anomaly detected in the soil sampling, assuming a
Slide 14: EM Group – M8 Eastside target
EM Group – M8 Eastside target • Historical NE trending mineral workings at the Eastside Mine indicate a substantial mineralisation event. • The trend of the workings parallels regional scale normal faulting. • Photo imagery indicates presence of crosscutting WNW-ESE strike slip faults • Junctions be
Slide 15: Exploration Timetable 2019-2020
Exploration Timetable 2019-2020 • Spring 2019. Prepare permitting document for M2 Bass Mine/Mineral Jackpot area. Reconnaissance survey to identify suitable locations for drill pads and access roads. • Summer 2019. Drilling at M4, subject to final approval from US Forest Service. Geological mapping
Slide 16: GWM – The Investment Case
GWM – The Investment Case • The Company is 100% focused on exploiting its Nevada assets and is currently the only London market company offering exposure to this play • The state of Nevada is one of the most mining friendly jurisdictions in the world. While tightly regulated and environmentally cons
Slide 17: www.greatwesternmining.com
www.greatwesternmining.com
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