Win Metals Ltd · ASX:WIN
Win Metals — Widgie Nickel — Investor Presentation (November 2022)
11 slides from Win Metals's investor presentation, Nov 10, 2022
Slide 1: Investor Update Webcast
For personal use only Investor Update Webcast 10 November 2022 Mt Edwards Headframe (c1976) www.widgienickel.com.au Picture: Jim Reeve
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Widgie Nickel Limited (“WIN” or the “Company”) to assist in informing interested parties about the Company. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an i
Slide 3: Exploration Success - Widgie South
Exploration Success - Widgie South Opportunity for resource growth after excellent exploration success from recent drilling. For personal use only Key Facts • Widgie South comprises Widgie 3, Gillett & Widgie Townsite • Gillet North success extends mineralised corridor further towards Widgie Townsit
Slide 4: Gillett & Gillett North
Gillett & Gillett North For personal use only • Key Highlights • Drilling gap from MERC 225 to Gillett resource ongoing • Awaiting Assays…turnaround problematic • Resource Re-estimation for Gillett delayed due to gap in assay suite within dataset identified. Will be completed prior to end of quarter
Slide 5: Armstrong - First Cab Off the Rank With a Clear Pathway to Production
Armstrong - First Cab Off the Rank With a Clear Pathway to Production A high-grade deposit in the heart of Mt Edwards Key Facts For personal use only • Armstrong is a key deposit of the Widgie Nickel portfolio being the most advanced 2 4 providing an ideal 1 3 standalone mining opportunity • 2003-20
Slide 6: Armstrong Scoping Study – A Major Step Forward
Armstrong Scoping Study – A Major Step Forward A pivotal step towards production and self funding For personal use only Key Highlights* • Two mining methods considered: • Top Down Open stoping 500kt @1.9% • Bottom Up with fill 560kt @1.9% • FCF @ spot $US22,000/0.63 USD/AUD $67- 69M, max drawdown $2
Slide 7: Armstrong - On ground activity
Armstrong- On ground activity • Key Highlights For personal use only • Infill drilling and assaying completed • Resource Re-estimation now complete (all elements quantified Ni, Cu, Co, Pt, Pd & Au). Announcement pending • Permitting Applications to dewater pit lodged during the quarter • Works Appro
Slide 8: New High-Grade Lithium Discovery – Additional Value Potential
New High-Grade Lithium Discovery – Additional Value Potential Multiple high-grade lithium bearing pegmatites from rock chip sampling unlocks another avenue of growth For personal use only Key Facts • Rock chip sampling at the Faraday prospect has identified high-grade lithium bearing pegmatites over
Slide 9: Faraday Outcrop
Faraday Outcrop For personal use only Spodumene 9
Slide 10: Faraday Drilling
Faraday Drilling • Drilling 1/11-5/11. Drilled 1200m vs 740m reflecting different geometry…15 holes drilled For personal use only • Samples in laboratory 4/11 & 7/11. 358 samples submitted.. Awaiting Assay 10
Slide 11: WINning with Widgie!!
For personal use only WINning with Widgie!! www.widgienickel.com.au ASX: WIN L4/220 St Georges Terrace Perth WA 6000 11
Widgie Nickel — Investor Presentation (November 2022) on 6ix