Great Southern Mining Limited · ASX:GSN
Great Southern Mining — Investor Presentation (March 2020)
31 slides from Great Southern Mining's investor presentation, Mar 16, 2020
Slide 1: Creating Value Through Discoveries
For personal use only C R EAT I N G VA LUE T HROUGH D I S COVERI ES . 1
Slide 2: Why Invest in GSN
WHY INVEST IN GSN CREATING VALUE THROUGH DISCOVERIES. STRATEGIC LANDHOLDINGS IN For personal use only PROLIFIC GOLD PROVINCES Multiple underexplored brownfields projects in tier 1 jurisdictions of Laverton, Western Australia (+25Moz gold) and the central north Queensland mining district (+20M oz gol
Slide 3: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE BOARD OF DIRECTORS AND MANAGEMENT For personal use only 332.1M Mr John Terpu Executive Chairman ▪ Over 23 years commercial and management experience. SHARES ON ISSUE $16.6M ▪ Former Managing Director of Conquest Mining Limited (now Evolution Mining Limited) for 1
Slide 4: Cox's Find – The Journey So Far
COX’S FIND – THE JOURNEY SO FAR…..ONLY 3,500m in! E38/3476 Historical production 77,000 GOLD OUNCES M38/740 For personal use only (refer announcement 10 March 2020) at a grade >21 g/t. Maiden Drill Program Success. REMNANT HIGH GRADE GOLD CONFIRMED. 5 Priority Drill Ready Targets identified. M38/578
Slide 5: What's Ahead in 2020 – Significant News Flow
WHATS AHEAD IN 2020 – SIGNIFICANT NEWS FLOW FEB 20 MAR 20 APR 20 MAY 20 JUN 20 JUL 20 AUG 20 SEP 20 OCT 20 NOV 20 DEC 20 For personal use only Cox’s Find Au Project Auger Phase 2 drilling program. Survey. 8,000m RC / DD program including; additional Resource drilling, Priority Target drilling = dept
Slide 6: GSN's Project Pipeline
GSN’S PROJECT PIPELINE EXPLORATION STRATEGY MULTIPLE GROWTH OPPORTUNITIES For personal use only The next 3-6 months ❖ COX’s FIND • ~1,000m of Resource drilling. UNDEREXPLORED ASSETS - MOVING UP • ~8,000m of Target Drilling (including THE VALUE CHAIN underground resource extension exploration). QLD E
Slide 7: Projects
For personal use only ❖Cox’s Find C R EAT I N G VA LUE T HROUGH D I S COVERI ES . ❖Edinburgh Park ❖Mon Ami ❖Mt Weld ❖East Laverton ❖Palmer River www.gsml.com.au 7
Slide 8: Extensive Project Portfolio in World Renowned Mining Districts
EXTENSIVE PROJECT PORTFOLIO IN WORLD RENOWNED MINING DISTRICTS • Historic high-grade gold mine. • Large porphyry system with • 77,000 ounces produced at multiple breccia pipes discovered – >21g/t gold. discovery potential. For personal use only • Existing pit on site <12km to • Multiple +1Moz discov
Slide 9: Cox's Find Gold Project
COX’S FIND GOLD PROJECT AN OPPORTUNITY TO REVISIT A HISTORIC HIGH-GRADE GOLD MINE Aerial view of the Cox’s Find, looking south For personal use only Stockpiled Primary Historic Material Open Pit Mineralisation Tailings in Leach Pads • Project located in the world class gold district, 65km north of L
Slide 10: Cox's Find Gold Project – Maiden Drill Program Highlights
COX’S FIND GOLD PROJECT Cox’s Find Gold Mine section MAIDEN DRILL PROGRAM HIGHLIGHTS • Preliminary RC drilling program comprising 17 RC drill holes completed in Dec 2019. For personal use only • Exceptionally high-grade drill intersections confirmed significant remnant mineralization present. • Dril
Slide 11: Cox's Find Gold Project – Near Mine Potential
COX’S FIND GOLD PROJECT – NEAR MINE POTENTIAL Conceptual Targets have been developed on multiple lines of evidence (including geological mapping, geophysical data For personal use only interpretation, geochemical anomalism, historical drilling and historical underground workings). • Targets exist wh
Slide 12: Cox's Find Gold Project – Target #3
COX’S FIND GOLD PROJECT – TARGET #3 EXACT SAME STRUCTURAL SETTING AS For personal use only COXS FIND • Exploration target: 50Koz - 100koz @15-25g/t. • Has all the factors needed to create a Coxs Find style high grade reef: 1. Proven Cox’s Find horizon. 2. Two mapped shear zones obliquely crossing. 3
Slide 13: North Queensland – Province Scale Landholding
NORTH QUEENSLAND – PROVINCE SCALE LANDHOLDING Highly prospective large tenure holding Figure 10: Nth Qld tenure (>1,000 km2) adjacent Tier 1 Mining For personal use only project Mt Carlton Operation (Evolution Mining Limited) • Geological setting is an extension of the geology at Mt Carlton; • Less
Slide 14: Edinburgh Park Project – IRGS Potential
EDINBURGH PARK PROJECT – IRGS POTENTIAL Early Exploration results are encouraging • IRGS-style (e.g., Mt Wright, Mt Leyshon) mineralization within the For personal use only breccia occurrences – with more to find. . . . . . • Home of the next Tier-1 discovery in NQ? Interpreted cross- section throug
Slide 15: Edinburgh Park Project – Target Generation Advancing
EDINBURGH PARK PROJECT – TARGET GENERATION ADVANCING HYPERSPECTRAL - Project wide 2020 Field Programs For personal use only alteration • High resolution airborne magnetic and radiometric data along mapping with project wide hyperspectral mapping (in combination with EVN). DATA NOW RECEIVED AND BEING
Slide 16: Mon Ami Gold Project – A New Gold Discovery
MON AMI GOLD PROJECT - A NEW GOLD DISCOVERY Deposit Located in the M38/1256 renowned Laverton For personal use only open in all gold field with over Maiden Mon Ami Resource 25M ounces of gold directions. discovered to date. Open cut and Multiple holes finished in U/G focus mineralisation below 150m.
Slide 17: Mt Weld Project
MT WELD PROJECT Underexplored adjacent Tenements are immediately to the world class Mt For personal use only for gold and Weld Mine operated by Lynas Corporation. A B rare earth elements. 4m composite assay samples from drilling have returned up to 252 g/t Sc and 0.35% Co. Location of Mt Weld Projec
Slide 18: Competent Persons Statement & Important Notices
COMPETENT PERSONS STATEMENT & IMPORTANT NOTICES Competent Persons Statement ASX Announcement referred to in this Presentation are as follows: The information in this report that relates to exploration targets and exploration results on Cox’s Find (M38/170, M38/578, M35/740), Date Announcement For pe
Slide 19: Important Notices
IMPORTANT NOTICES Nature of this Presentation: This Presentation (“Presentation”) has been prepared by Great Southern Mining Limited (the “Company”) and is general background information about the Company and its activities as at the date of this Presentation. This document is prepared for the benef
Slide 20: For personal use only
For personal use only SUITE 4, 213 BALCATTA RD gsml.com.au PHONE: FAX: BALCATTA WA 6021 61 8 9240 4111 61 8 9240 4054 20
Slide 21: Creating Value Through Discoveries
For personal use only C R EAT I N G VA LUE T HROUGH D I S COVERI ES . 21 www.gsml.com.au 21
Slide 22: Project Development Portfolio
PROJECT DEVELOPMENT PORTFOLIO Queensland Projects Western Australian Projects FEASIBILITY For personal use only STUDY POSITIVE SCOPING DEFINING Q3 2020 RESOURCE UNDERSTANDING SCALE Cox’s Find Mon-Ami DRILLING FOR EXTENT & Mine CONTINUNITY DISCOVERIES Cox’s Find INTIAL DRILLING ORE Mt Weld GRADE INTE
Slide 23: North Queensland – Key Points
NORTH QUEENSLAND – KEY POINTS: • Highly prospective large tenure holding (>1,000 km2) adjacent Tier 1 Mining Figure 10: Nth Qld tenure For personal use only project Mt Carlton Operation (Evolution Mining Limited). HIGHLY PROSPECTIVE AREA • The geological setting is an extension of the geology at Mt
Slide 24: North Queensland – Porphyry System
NORTH QUEENSLAND – PORPHYRY SYSTEM EDINBURGH PARK PROJECT • Recent geological mapping and geochemical sampling program has to date defined a For personal use only large mineralised porphyry system over 6km2. • Extensive mineralised gossanous quartz vein stockworks and disseminations appear to host p
Slide 25: Edinburgh Park Project – Breccia Pipes
EDINBURGH PARK PROJECT – BRECCIA PIPES (a) (b) BRECCIA PIPES: For personal use only Polymetallic systems with rock chips from gossanous outcrops confirming potential for economic grades of gold (up to 10.6 g/t), silver (up to 315 g/t) and copper (up to 1.95%) including: 10.6 g/t Au, 11 g/t Ag and 0.
Slide 26: Edinburgh Park Project – High Sulphidation Mineralisation
EDINBURGH PARK PROJECT – HIGH SULPHIDATION MINERALISATION BRECCIA PIPES: For personal use only Recent drilling (Rocky Ponds) is starting to define and provide more information on very well developed high-sulphidation hydrothermal systems (like Rocky Ponds) which are akin to Mt Carlton V2 and A39 dep
Slide 27: Breccia Pipe Analogues
BRECCIA PIPE ANALOGUES ONLY THE TIP OF THE ICEBERG – THESE DEPOSITS ARE DEEP AND LARGE – SOURCE – RESOLUTE MINING ANNOUCEMENTS ON ASX Notable breccia-hosted gold deposits in north-east Queensland include, Kidston (5.0 Moz), Mt Leyshon (3.5 Moz), Mt Wright (1.0 Moz) and Welcome (0.21 Moz). For person
Slide 28: Mon Ami Gold Project
MON AMI GOLD PROJECT The Mon Ami Project lies in the centre of the Laverton Tectonic Zone. It lies on the Barnicoat Shear zone which defines the eastern flank of the central terrain. The tenement covers the sheared contact between conglomerate to the west and basalt For personal use only to the east
Slide 29: Mon Ami Gold Project
MON AMI GOLD PROJECT For personal use only 29 29 www.gsml.com.au
Slide 30: Mon Ami Gold Project – Analogues to Significant Deposits Along Strike
MON AMI GOLD PROJECT – ANALOGUES TO SIGNIFICANT DEPOSITS ALONG STRIKE IDA H MINE (OWNED BY FOCUS MINERALS LIMITED): - Only 6kms north of Mon Ami. - Produced 172k oz’s at 22.6 g/t. For personal use only - Down to 480m. - Similar to Mon Ami with down plunge lode style deposits with high grade at depth
Slide 31: East Laverton
EAST LAVERTON • 405km2 tenement holding covering a regional scale mafic/ultramafic • Previous drilling deemed too shallow and has not reach the prospective igneous layered complex. Basal Contact. • Similar geological setting to the Bushveld complex which hosts the Tier one • GSN intends to re-proces
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