Gibb River Diamonds Limited · ASX:GIB
Gibb River Diamonds — Diggers & Dealers 2020
25 slides from Gibb River Diamonds's conference presentation, Oct 12, 2020
Slide 1: Investor Presentation – Diggers & Dealers October 2020
Investor Presentation Diggers & Dealers – October 2020 Edjudina Gold Project Ellendale Diamond Project Western Australia
Slide 2: GIB is an ASX Listed, Gold & Diamond Exploration and Development Company
GIB is an ASX Listed, Gold & Diamond Exploration and Development Company ASX Code: GIB Total Shares on Issue 201,009,445 % of Major Shareholders Shares Capital Market Capitalisation (undiluted at $0.16 $32.2 M Jim Richards 36,549,735 18.2 per share) Other Directors 9,273,888 4.6 Cash on Hand (post S
Slide 3: Executive Chairman & Board has extensive gold & diamond experience
Executive Chairman & Board has extensive gold & diamond experience Mr. Jim Richards Executive Chairman Geology degree from London University 26 years experience in mining and exploration Extensive diamond and gold mining experience in South America and Australia Floated United Kimberley Diamonds in
Slide 4: Edjudina Gold Project (option to purchase 100%)
Edjudina Gold Project (option to purchase 100%) Eastern Goldfields, Western Australia • Maiden drilling program in early September 2020 • Multiple parallel lines of nearly continuous historic gold workings over 13km • Historic production figures for the Edjudina field are 39,476 ounces of gold at a
Slide 5: Edjudina Gold Project – Discovery at Neta Lodes
Edjudina Gold Project – Discovery at Neta Lodes Maiden Drill Program Discovery at Neta Lodes 36m at 3.97g/t from 4m 18m at 3.10g/t from 28m 24m at 1.44g/t from surface 8m at 2.91g/t from 26m 14m at 1.20g/t from 1m 21m at 1.74g/t from 38m 1m at 35.0g/t from 7m 29m at 0.86g/t from surface • Open north
Slide 6: Edjudina Gold Project Neta Lodes Discovery
Edjudina Gold Project Neta Lodes Discovery (Plan View) Drilling at Neta Lodes Discovery Carlsen Lode: outcrop in artisanal workings 1m @ 5.95 g/t 6
Slide 7: Neta Lodes – Section A
Neta Lodes — SectionA tta Oblique A Looking North - ny om + -20mbs + -60mbs ———— % pase of oxidation. MGA Zone 51 Wp cesccenene EEE LEGEND [4 Drilling Downhole Intercept ©®> Interpreted Mineralised Zones e— GiBAircore Drill Hole == GIB Drill Intersection Tal Neta Lode Name
Slide 8: Neta Lodes – Section B
Neta Lodes — Section B Phyllite Looking North Phyllite MGA Zone 51 LEGEND e— GIB Aircore Drill Hole [2 Drilling Downhole Intercept == GIB Drill Intersection ®> Interpreted Mineralised Zones Tal Neta Lode Name
Slide 9: Neta Lodes – Section C
Neta Lodes — Section C Cc ‘Looking North Om - -20mbs Phyllite Phyllite Pann, - -40mbs - -60mbs ?. 2 MGA Zone 51 LEGEND C4 Drilling Downhole Intercept @® Interpreted Mineralised Zones e— GiBAircore Drill Hole = GIB Drill Intersection Tal Neta Lode Name
Slide 10: Neta Lodes – Section D
Neta Lodes — Section D y/N Om: 4 Phyllte Phyllite - -20mbs + - -40mbs = Pores, ees lone base of oxidation - -60mbs = 20m MGA Zone 51 LEGEND [2 Drilling Downhole Intercept @®» Interpreted Mineralised Zones e— 1 GiB Aircore Drill Hole = GIB Drill Intersection Tal Neta Lode Name
Slide 11: Carlsen Lode – Consistent Mineralisation
Carlsen Lode– Consistent Mineralisation 11
Slide 12: Edjudina Gold Project – Gawler Prospect
Edjudina Gold Project – Gawler Prospect 700m Strike: • Area of substantial historic mine workings • Extensive strike • Only one existing line of drilling (done by GIB) • 6m at 1.32g/t from 18m (GAC 27) • 3m at 1.67g/t from 18m (GAC 26) • 3m at 1.19g/t from 13m • Requires extensive follow-up drilling
Slide 13: Edjudina Gold Project – Gawler Prospect
Edjudina Gold Project – Gawler Prospect 13
Slide 14: Edjudina Gold Project – Lookahead
Edjudina Gold Project – Lookahead Upcoming Activity: Neta Lodes Prospect • Drill targeting to north and south of Neta Lodes (open in both directions) • Step-out drilling to test deeper lode extensions (open at depth) • Infill drilling to further test Edjudina Gold grade continuity and lode Project:
Slide 15: Ellendale Diamond Project (GIB 100%)
Ellendale Diamond Project (GIB 100%) Kimberley, Western Australia 15
Slide 16: Ellendale Project Area Map
680 000mE Northern Territory South Australia | Western Australia LEGEND [] Gibb River Diamonds Ellendale Project Area [-] Mining Tenements vl> Target Areas = Open Pit Diamond Mine Alluvials: Blina, Terrace 5, E9 & A Channel Ellendale Lamproites ~~] Section 19 Reserve 1 MGA Zone 51 700 000mE 8 060 00
Slide 17: Ellendale yellow diamond targets
Ellendale 9 yellow diamond targets Hard rock, alluvials and lights (process floats) 17
Slide 18: Ellendale West & East Channels
Ellendale 9 West & East Channels Trial mining & large untested areas 1 cm Diamonds from E9 East alluvials. High proportion of large stones and Fancy Yellows. Largest stone is 9.06 carat Yellow gem (photo: JB Ward) 18
Slide 19: E9 West Alluvials Trial mining
E9 West Alluvials Trial mining Mining at the E9 West alluvial Channel was suspended when KDC went into administration in 2015, leaving broad areas of high sampled grades (up to 41.6 carats per hundred cubic metres (cphm3)), unmined and some pre-stripped 19
Slide 20: Ellendale's Blina Alluvial Prospect: Fully Permitted to Mine
Ellendale’s Blina Alluvial Prospect: Fully Permitted to Mine Shallow, simple & low cost 20
Slide 21: Blina Alluvials Bulk Testing & Trial Mining
Blina Alluvials Bulk Testing & Trial Mining • Fully permitted to mine - ‘Shovel Ready’ • Previous production of 1,421 carats • GPR defined channels average grade of 6.8 cphm3 • ‘High grade’ GPR targets • Blina alluvials diamond valuation US$389/carat 21
Slide 22: Project is fully permitted - 'Shovel Ready'
Blina alluvial mining: free-dig, shallow, low-cost Project is fully permitted - ‘Shovel Ready’ Targets Phase 1: Phase 2: gravels under Commission plant Trial mining of 0.3 to 6m & commence bulk best grades cover sample diamond recovery Blina Diamonds NL mining alluvials in 2007 22
Slide 23: 2021 timeline for Bulk Sampling & Trial Mining
2021 timeline for: Bulk Sampling & Trial Mining Timeline Activity 2021 Raise capital/Equity Partner Build Camp, waterbore, sheet roads, construct Tailings Mar-April Storage Facility, siteworks, ROM pad Construct and commission Apr-June Plant, recover diamonds Bulk sample and treat 100 Alluvial diamo
Slide 24: Disclaimer
This presentation is an overview of the Company prepared with good intention. It is not a prospectus and offers no securities for subscription or sale in any jurisdiction, nor a securities recommendation. All information necessary for investment decisions is not contained herein and investors are en
Slide 25: Contact us for more on Edjudina – Gold, Ellendale – Diamonds
Contact us for more on: Edjudina – Gold Ellendale - Diamonds Western Australia ASX Code: GIB 25