Gateway Mining Limited · ASX:GML
Gateway Mining — Investor Presentation (December 2021)
27 slides from Gateway Mining's investor presentation, Dec 16, 2021
Slide 1: Delivering Resource Growth and Discovery Success at Gidgee
For personal use only Delivering RESOURCE growth and DISCOVERY success at Gidgee • Resource recently upgraded to 449,000 ounces • Shallow, accessible deposits – predominantly in top 100m • Clear strategy to systematically grow Resources in 2022 Investor Update | December 2021 | Mark Cossom, Managing
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Forward Looking Statements For personal use only ▪ This presentation has been prepared by Gateway Mining Ltd (GML). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been
Slide 3: Building the next significant gold camp in WA's Murchison
Building the next significant gold camp in WA’s Murchison ▪ Singular focus – 1,000km2 Gidgee Gold Project, For personal use only TIER-1 LOCATION 800km NE of Perth ROBUST ▪ Recently delivered 87% increase in Resource to RESOURCE GROWTH 449,000oz (Indicated and Inferred1) ▪ Maiden Resources for new di
Slide 4: The opportunity
For personal use only The opportunity 4
Slide 5: Seizing the Opportunity
For personal use only Seizing the Opportunity Gateway Mining is focused on systematic and cost- effective exploration aimed at establishing a significant gold Mineral Resource base in one of WA’s emerging goldfields… 5
Slide 6: A Highly Prospective Gold Setting – With Minimal Drilling
A Highly Prospective Gold Setting – With Minimal Drilling ▪ Analogous to several major gold camps in For personal use only the WA goldfields: ▪ ~9km long major gold-rich shear zone along the western margin of the Granodiorite Dome ▪ Highly prospective Eastern Margin not explored – Howards/Kashmir ▪
Slide 7: A Systematic Approach
A Systematic Approach Four-pronged strategy to deliver Resource growth: For personal use only 1. Extension of existing Resources from 1990’s oxide open pit mining: ▪ Montague-Boulder –163,000oz Indicated & Inferred ▪ Whistler –120,000oz Inferred (to be updated 2022) 2. Systematic, disciplined explor
Slide 8: The Pathway to Resource Growth
For personal use only The Pathway to Resource Growth TARGET DRILL RESOURCE MINERAL GENERATION TESTING DEVELOPMENT RESOURCES Woodley, Julias, Montague – Boulder, Season Well, Monarch, Whistler, Whistler Nose, Whistler Upgrade Plymouth, Evermore, Rosie East, Kashmir Achilles North Hot Diggety, Barrel
Slide 9: Demonstrated Resource growth
For personal use only Demonstrated Resource growth 9
Slide 10: Recent 87% Resource Upgrade
For personal use only Recent 87% Resource Upgrade 10
Slide 11: Montague Resource – Robust Indicated & Inferred Base
For personal use only Montague Resource – Robust Indicated & Inferred Base ▪ 163,000oz Mineral Resource ▪ Including a high-grade 67,000oz @ 4.0g/t Au Indicated1 ▪ Located on a granted Mining Lease ▪ Preliminary metallurgical test work indicates free-milling characteristics2 ▪ Further potential for g
Slide 12: New Resources – Evermore Discovery
For personal use only New Resources – Evermore Discovery ▪ New high-grade discovery in October 2020 ▪ Maiden Inferred Mineral Resource 67,000oz1 ▪ Similar geology to Montague-Boulder ▪ ~11,200m of RC and diamond drilling completed since discovery ▪ High-grade mineralisation in multiple hosts: ▪ GRC5
Slide 13: New Resources – Achilles North/Airport
New Resources – Achilles North/Airport ▪ Oxide gold discovery made by Gateway in 2019 For personal use only ▪ Shallow 99,000oz Resource, including 221,000t @ 2.0g/t for 14,000oz Indicated1 ▪ Located on a granted Mining Lease ▪ Systematically RC drilled 500m along strike from Rosie pit ▪ Near surface
Slide 14: Resource Additions Create Value Opportunity
Resource Additions Create Value Opportunity ▪ EV$/oz Resources below industry peers For personal use only ▪ Major Resource upgrade significantly undervalued ▪ Increase in overall ounces ▪ Addition of higher-confidence, high-grade Indicated Resources ▪ Significant re-rate potential * Sourced from var
Slide 15: What are the next steps in the strategy?
For personal use only What are the next steps in the strategy? 15
Slide 16: Continuing to Build the Pipeline
For personal use only Continuing to Build the Pipeline 16
Slide 17: The Next Generation – Julias
The Next Generation – Julias ▪ Shallow, oxide gold trend first drilled by Gateway in 2008 For personal use only ▪ Located on a granted Mining lease ▪ Significant widths of oxide gold mineralisation intersected over 1.2km: ▪ GWAC0971: 13m @ 4.0g/t Au from 30m ▪ GWAC0972: 3m @ 7.2g/t Au from 26m ▪ GWA
Slide 18: The Next Generation – Kashmir
The Next Generation – Kashmir ▪ Major 2.5km-long gold-in-soil anomaly defined by Gateway For personal use only 2019-2020 ▪ Directly along strike of 204koz Howards Resource (ASX : HRN) ▪ Located on unexplored Montague eastern margin ▪ First-pass wide-spaced RC testing in 2020 intersected high grade g
Slide 19: The Next Generation – Monarch
For personal use only The Next Generation – Monarch ▪ Major gold-in-soil anomaly defined by Gateway over 5.8km strike ▪ Associated with significant historical workings ▪ Next to no previous exploration – five shallow (>50m) deep RC holes in 1985 ▪ Gateway surface rock chip sampling results up to 18.
Slide 20: The Big Picture
For personal use only The Big Picture 20
Slide 21: Near-Term News-flow
For personal use only Near-Term News-flow ▪ RC program completed Nov/Dec 2021 – Julias, Kashmir ▪ Samples submitted, assays pending ▪ Extensive +3-month RC and air- core drilling campaign to commence Jan/Feb 2022: ▪ Whistler Resource upgrade to commence Jan 2022 21
Slide 22: 12-Month Target – Bigger Picture
For personal use only 12-Month Target – Bigger Picture ▪ 1 Woodley – Extensive alluvial gold workings, with soil anomaly ▪ 2 Season Well – Interpreted blind granodiorite intrusion ▪ 3 Whistler Nose – Continuation of Whistler mineralisation around granodiorite nose ▪ 4 Rosie East – Extensive zones of
Slide 23: Summary
For personal use only Summary 23
Slide 24: Corporate Summary
Corporate Summary CAPITAL STRUCTURE For personal use only ASX Ticker GML Shares on issue1 2,240,540,171 Executive Performance Options 32,000,000 Cash balance as at 30 Sept 2021 $1.68M Capital Raising 1 Nov 20211 $5.72M Listed Investments as at 30 Sept 2021 $1.80M Share Price $0.015 Market Capitalisa
Slide 25: Highly Successful and Experienced Leadership Team
Highly Successful and Experienced Leadership Team ▪ Executive Director since October 2019 For personal use only Mark Cossom ▪ 24-year experienced geologist with a background in gold exploration, mine geology and corporate management Managing Director ▪ Former General Manager - Geology & Exploration
Slide 26: Key Investment Takeaways
Key Investment Takeways ▪ Focused gold explorer with significant land-holding For personal use only LOCATION in a Tier-1 gold mining district RESOURCES ▪ Recently upgraded 449,000oz Indicated and Inferred Resource1 ▪ Largely shallow (top 100m) with significant oxide ▪ Significantly undervalued EV$/o
Slide 27: Thank you. Questions.
For personal use only Thank you . Questions. Investor Update | December 2021 | Mark Cossom, Managing Director 27
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