Gwr Group Limited · ASX:GWR
Gwr — Investor Presentation (December 2017)
24 slides from Gwr's investor presentation, December 2017
Slide 1: Creating Value through Cash Generation
Creating Value through Cash Generation December 2017
Slide 2: Disclaimer
Disclaimer These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of, & may be unknown to, the company. Actual results
Slide 3: Strategy and Vision
Strategy and Vision Focus on cash generating opportunities – Advanced stage opportunities Sector focus on gold, base and specialty metals – High value products in stable jurisdictions Creating value through the commodity cycle – Long term view with ability to be opportunistic Direct participation or
Slide 4: Diversified Portfolio
Diversified Portfolio Hatches Creek Tungsten Gold Copper Project (100%) High grade tungsten mineralisation Exceptional RC drilling results across maiden and 2nd drill programs in past 12 months High grade tungsten results with +/- gold, copper and molybdenum Maiden Mineral Resource estimate for the
Slide 5: 2017 Highlights
2017 Highlights Hatches Creek Wiluna West Gold – Exceptional results from two – Golden Monarch RC drilling RC programs completed and Resource upgrade – 50 RC holes for 5,127 m – MoU with Blackham – Tungsten, copper, gold and Resources for mining and molybdenum processing – 100% ownership to – Region
Slide 6: Hatches Creek – massive potential
Hatches Creek – massive potential Wolfram discovered in 1898 Mining from 1913 to the early 1970s Numerous prospect areas mined for high grade tungsten Near term production potential from historical dumps Proposed NT Government common- user processing facility at Tennant Creek could represent low cap
Slide 7: Hatches Creek Tungsten Copper Gold
Hatches Creek Tungsten Copper Gold Located in Northern Territory GWR 100% ownership Historical high-grade tungsten production ~ 2,840 tonnes of WO3 65% Existing JORC 2012 Inferred Mineral Resource1 225,000 t @ 0.58% WO3 for surface stockpiles Metallurgical testwork in 2015 by GWR on dumps produced a
Slide 8: Hatches Creek Drilling Highlights
Hatches Creek Drilling Highlights Maiden RC Drilling Program completed November 2016 with immediate follow up program completed in August 2017 50 holes for 5,127 m 9 prospect areas targeted Exceptional results from 7 of the 9 prospects; Pioneer, Black Diamond, Green Diamond, Bonanza, Treasure, Hit o
Slide 9: Hatches Creek Drilling Highlights
Hatches Creek Drilling Highlights Pioneer Mine Area – 1 m @ 10.37% WO3, 0.59 g/t Au and 1.41% Cu – 1 m @ 6.6% WO3, 0.29 g/t Au and 0.29% Cu – 7 m @ 1.16% WO3, 0.81 g/t Au including 1 m @ 3.36% WO3 and 5.32 g/t Au Black Diamond – 10 m @ 0.48% WO3 Bonanza – 14 m @ 0.39% WO3 Hit or Miss Group – 2 m @ 3
Slide 10: Pioneer – high grade tungsten gold and copper
Pioneer – high grade tungsten gold and copper Significant results include: HCRC002, 1 m @ 1.31% WO3, 0.26 g/t Au and 0.04% Cu HCRC003, 1 m @ 1.20% WO3, 0.81 g/t Au and 0.93% Cu HCRC004, 1 m @ 2.85% WO3, 1.76 g/t Au and 0.29% Cu HCRC047, 7 m @ 1.16% WO3, 0,81 g/t Au including 1m @ 3.36% WO3 and 5.32
Slide 11: Hit or Miss – largest concentration of veins
Hit or Miss – largest concentration of veins Significant results include: HCRC010, 1 m @ 8.68% WO3, from 4 m HCRC021, 69 m @ 0.23% WO3 and 0.34% Cu from 41 m, including 7 m @ 1.43% WO3 HCRC028, 102 m @ 0.15% WO3 and 0.18% Cu from 0 m including 9 m @ 2.03% WO3 18 RC holes drilled for 1,892 m on three
Slide 12: Treasure – multiple high grade structures
Treasure – multiple high grade structures in broad zones Significant results include: HCRC013, 44 m @ 0.21% WO3, and 0.12% Cu, from 55 m HCRC013, 2 m @ 1.27% WO3, and 0.58% Cu, from 114 m HCRC014, 53 m @ 0.26% WO3, and 0.13% Cu, from 63 m HCRC014, 2 m @ 1.72% WO3, and 0.07% Cu, from 112 m HCRC016, 7
Slide 13: First pass drilling results
First pass drilling results Black Diamond, Green Diamond, Bonanza, Silver Granite and Kangaroo Group prospect areas tested with first pass RC program High grade intercepts achieved in all prospects with the exception of Kangaroo Black Diamond (3 holes) intercepts include: – HCRC041, 3 m @ 1.42% WO3
Slide 14: Wiluna West Gold Project
Wiluna West Gold Project Combined JORC-2004 and JORC- 2012 Mineral Resources1: Introduce project Background – 3.5Mt at 2.3g/t Au for pic 254,500oz Resources Located approx. 40km’s from Mining studies completed Blackham’s Wiluna Gold Plant Regional potential MoU with Blackham Focus on Blackham opport
Slide 15: Priority mine development targets
Priority mine development targets Priority targets for drilling follow up: Golden Monarch – Shallow well drilled resource defined – Drill testing to 120 m vertical depth (VD) completed July 2017 – JORC-2012 Mineral Resource1 Update completed October 2017 Eagle – Previous intercepts include: • WWRC02
Slide 16: Golden Monarch start up mining opportunity
Golden Monarch start up mining opportunity 332 RC drill holes for 14,920 m completed to date 5 m by 5 m RC drill spacing in proposed start up pit area 21 RC Drill hole program for 1,690 m completed in July 2017 tested 550 m strike length “B” Shoot tested to VD of 120 m and remains open at depth show
Slide 17: Future Steps
Future Steps There are a number of steps that need to be followed to move a Mineral Resource to a mining scenario. Many of these steps including permitting, environmental approvals and baseline monitoring, mining analyses & metallurgical test work have already been completed or just require an updat
Slide 18: Wiluna West Regional Targets
Wiluna West Regional Targets SGC, re-interpretation of detailed aerial magnetics – 60 lithostratigraphic targets 23 of which are rated as high priority Orientation soil geochemistry completed The Blob – New geochemical anomaly defined – 400m x 400m at >10ppb Au – Significantly larger than Eagle or E
Slide 19: Other Assets
Other Assets Tungsten Mining NL Wiluna West Iron Ore – Fast tracking development of Mt Mulgine – Large high grade Mineral Resource1 (130Mt at 60% Fe) – GWR provides management and technical services – Strategic asset with leverage to higher iron ore price – GWR holds ~12.6% equity interest – Approva
Slide 20: Corporate Profile
Corporate Profile Capital Structure ASX Code: GWR Shares on Issue: 246m Options: 28m Share Price (28/11/17): $0.10 Market Cap: $25m Cash & Listed Securities*: $16.7m *As per September 2017 Quarterly Report
Slide 21: Board & Management
Board & Management Gary Lyons Non-Executive Chairman Mr Lyons is a successful and well respected Perth based businessman; being a shareholder and the Managing Director of the Heiniger Groups Australasian operations for the last 20 years. Tan Sri Dato' Tien Seng Law Non-Executive Deputy Chairman Mr L
Slide 22: Contact Details
Include contact details Contact Details: Craig Ferrier Chief Executive Officer GWR Group Limited Ph: +61 8 9322 6666 E: craigf@gwrgroup.com.au
Slide 23: Annexure – Mineral Resources
Annexure – Mineral Resources
Slide 24: Annexure – Mineral Resources
Annexure – Mineral Resources