Great Western Exploration Limited · ASX:GTE
Great Western Exploration — Investor Presentation (August 2017)
15 slides from Great Western Exploration's investor presentation, Aug 7, 2017
Slide 1: Investor Presentation August 2017: Closing in on a New Gold Discovery
For personal use only INVESTOR PRESENTATION AUGUST 2017 CLOSING IN ON A NEW GOLD DISCOVERY GREATWESTERNEXPLORATION.COM.AU ASX:GTE
Slide 2: Disclaimer
DISCLAIMER • This presentation has been prepared by Great Western Exploration Ltd (“GTE” or the “Company”). It should not be considered as an offer or For personal use only invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with r
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT 0.035 CAPITAL STRUCTURE For personal use only 0.03 ASX:GTE Shares on Issue – ASX:GTE 563m 0.025 0.02 Unlisted Options 75m 0.015 Market Cap (at $0.013 per share) $7.3m 0.01 Cash (July 2017) $680k 0.005 Enterprise Value $6.6m 0 Jun Sep Dec Mar Jun Sep Dec Mar Jun 2015 2016 2017 SHAR
Slide 4: Overview
OVERVIEW • New discovery of a 9km gold-in-soil trend For personal use only over virgin greenstones at Yandal West ▪ Rock chip values >20g/t Au ▪ >80 gold nuggets won in 2016 ▪ Drill testing scheduled for CY2017 • Drill ready sediment-hosted copper-cobalt targets within strategic Proterozoic Basin ho
Slide 5: Yandal West
YANDAL WEST • Recent, wide spaced soil sampling has discovered a For personal use only robust, 9km gold-in-soil trend – infill underway • Prospectivity confirmed by Newexco interpretation of new detailed aeromagnetics • Rock chip samples including 23.5, 23.3 and 18.5 g/t gold • Historic RAB drilling
Slide 6: Yandal West
YANDAL WEST • Newly discovered 9 km x 2km gold-in-soil trend For personal use only • Peak gold values of 473, 412 and 207 ppb Au IVES FIND >3g/t Au in shallow RAB • Incudes 3.5km soil anomaly at May Queen Well developed (2010) over virgin greenstones with rock chip samples to: ▪ 23.5 g/t gold HARRIS
Slide 7: Yandal West
YANDAL WEST Newly discovered Yandal West gold anomaly includes the May Queen Well area where 83 For personal use only gold nuggets were won by prospectors in 2016 PG 7 GREATWESTERNEXPLORATION.COM.AU ASX:GTE
Slide 8: Yerrida Regional – Cu-Co
YERRIDA REGIONAL – Cu-Co • High Impact Cu-Co exploration in the For personal use only Yerrida Basin GOODIN - Cu • 1,377m2 tenement coverage • Drill ready gravity target identified by FINLAYSON - Au Newexco at Chisel Prospect, adjacent to previous drilling • 2m @ 3.15% Cu, and • 2m @ 85g/t Ag FRUSTRA
Slide 9: Yerrida Regional – Sandfire JV
YERRIDA REGIONAL – SANDFIRE JV YANDAL WEST • Sandfire to earn an 70% interest by: For personal use only • Issue of $500,000 in SFR shares – completed • Minimum exploration spend of $1.7 million and sole funding exploration until the delineation of 50,000t or more of in-ground copper resources • Sand
Slide 10: Board and Management
BOARD AND MANAGEMENT Kevin Somes – Non-Executive Chairman For personal use only Kevin is a Chartered Accountant (FCA) of 50 years and a founding partner of SomesCooke Chartered Accountants which specialised in auditing and advising mining and exploration companies. Kevin’s career includes numerous b
Slide 11: Investment Thesis
GREAT WESTERN INVESTMENT THESIS • Closing in on a gold discovery in the world class For personal use only Yandal Belt • Systematic exploration at Yandal West has discovered robust 9km gold-in soil anomaly • Strongest anomalism over undrilled 3.5km virgin greenstone at May Queen Well • Peak Rock chip
Slide 12: Thank You
THANK YOU For personal use only ASX:GTE 6 Outram Street West Perth. WA. 6005 P: +618 6311 2852 E: jordan@greatwestex.com.au www.greatwestex.com.au PG 12 GREATWESTERNEXPLORATION.COM.AU ASX:GTE
Slide 13: Appendix 1: Competent Persons Statement
APPENDIX 1: COMPETENT PERSONS STATEMENT The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information For personal use only compiled by Mr Jordan Luckett who is a member of the Australian Institute of Mining and Metallurgy. Mr Luckett i
Slide 14: Appendix 2: Northern Yilgarn High Quality Tenement Holding
APPENDIX 2: NORTHERN YILGARN HIGH QUALITY TENEMENT HOLDING For personal use only Yandal West: gold • Highly prospective gold setting between Bronzewing and Jundee • Very limited previous exploration Yerrida: copper-cobalt- gold • VMS copper-gold (Degrussa Style) • SEDEX copper (Mt Isa style) • Sed-H
Slide 15: Appendix 3: Fairbairn Copper-Cobalt Model
APPENDIX 3: FAIRBAIRN COPPER-COBALT MODEL For personal use only PERMEABLE Secondary oxide SANDSTONE HOST zone MAJOR FAULTS GROUND WATER MINOR POST-ORE FAULTS RECHARGE REDBEDS OR OTHER FORMATIONS Primary 100m chalcocite zone REDBEDS 100m Schematic x-section Redbed hosted (Zambian style) copper-cobalt
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