Gateway Mining Limited · ASX:GML
Gateway Mining — Resources Rising Stars (May 2018)
25 slides from Gateway Mining's conference presentation, May 30, 2018
Slide 1: Creating value from advanced gold exploration in WA
ASX: GML ■ Consolidation of well-endowed Gidgee gold tenure in WA ■ Never exposed to modern exploration techniques ■ Targeting further shallow oxide discoveries and barely-tested potential at depth Creating value from advanced gold Resources Rising Stars exploration in WA Peter Langworthy – 29-30 Ma
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Forward Looking Statements ■ 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 derived from third par
Slide 3: Important Notice and Disclaimer – Competent Person Statement
Important Notice and Disclaimer Competent Person Statement ■ The information in this report that relates to Exploration Results or Mineral Resources is based on information compiled or reviewed by Mr Peter Langworthy who is a consultant to Gateway Mining Ltd and is a current Member of the Australian
Slide 4: Corporate and Management
Corporate and Management Strong shareholder support, aligned to Company’s objectives BOARD OF DIRECTORS Experienced Corporate Advisor holding qualifications in Finance, Financial Planning and Insurance Broking. Trent also holds a BSc Degree Trent Franklin – Non-Exec Chairman (Geology/Geophysics) fro
Slide 5: Corporate and Management – Capital Structure
Corporate and Management CAPITAL STRUCTURE ASX Ticker GML Shares on Issue 836,845,924 Options attached to Entitlements Issue (3c) 63,684,593 Employee Options 20,000,000 Cash @ March 31, 2018 $3,000,000 Share Price $0.025 (2.5 cents) Market Capitalisation $20.5m Major Shareholders 5
Slide 6: Gidgee Gold Project – Our Cornerstone Asset
Gidgee Gold Project – Our Cornerstone Asset ■ Large-scale gold system in a well-endowed gold region ■ Known shallow oxide mineralization: ■ 150,000oz mined from shallow pits in the 1980s but no deep drilling ■ Virtually untested by modern exploration techniques or technology: ■ Previous owners were
Slide 7: Gidgee – A High-Quality Address
Gidgee – A High-Quality Address ■ Consolidated ground-holding of 600km2 ■ Well-developed infrastructure throughout the region ■ Minimal systematic exploration historically ■ Large areas remain un-explored beneath transported cover ■ Modern approach with modern thinking! 7
Slide 8: Gidgee – Under-explored World-Class Goldfield
Gidgee – Under-explored World-Class Goldfield ■ Gidgee Project comprises a core position over the highly endowed Gum Creek Archaean Greenstone Belt (~2Moz) ■ Located immediately adjacent to Horizon Gold’s Gum Creek Gold Project (ASX: HRN): ■ 17.3Mt at 2.25g/t Au for 1.25Moz1 ■ ~60% free-milling ■ Sw
Slide 9: Gidgee Gold Project – Regional Setting and Location
Gidgee Gold Project – Regional Setting and Location ■ Prospective geological setting to host a large-scale gold system ■ Favourable structural setting ■ Strong demonstrated gold endowment ■ Structural controlled gold system on margin of granitoid intrusion is analogous to: ■ Granny Smith (+2Moz: Gol
Slide 10: Gidgee Gold Project – Target Summary
Gidgee Gold Project – Target Summary HIGH PRIORITY DRILLING TARGETS: ■ Whistler Prospect ■ Montague Prospect ■ Caledonian Prospect ■ Targeting high-grade sheeted veins on sheared margin of granitoid ■ Near-surface oxide and large-scale primary gold mineralisation ■ Minimal previous systematic testin
Slide 11: Whistler Prospect
Gidgee Gold Project – Whistler Prospect ■ Priority high-grade target beneath shallow open pit ■ Sheeted veins and associated stockwork on granite contact ■ Parallel shear zones to be tested in mafic volcanic rocks ■ Open in all directions ■ Historical drilling results include: ■ Priority focus of in
Slide 12: Whistler – An Emerging Primary High-Grade Gold Discovery?
Whistler – An Emerging Primary High-Grade Gold Discovery? S N 12
Slide 13: Whistler – An Emerging Primary High-Grade Gold Discovery?
Whistler – An Emerging Primary High-Grade Gold Discovery? S N NEW DRILLING RESULTS ■ GRC311 12m @ 7.7g/t Au (within 29m @ 3.7g/t Au) ■ GRC310 10m @ 7.7g/t Au (within 37m @ 3.1g/t Au) ■ GRC309 15m @ 2.1g/t Au & 20m @ 2.0g/t Au (within 68m @ 1.4g/t Au) HISTORICAL DRILLING RESULTS ■ 11m @ 7.42g/t Au ■
Slide 14: Whistler – An Emerging Primary High-Grade Gold Discovery?
Whistler – An Emerging Primary High-Grade Gold Discovery? ■ Thick, coherent zone of gold mineralization ■ High-grade central core ■ Dip extent tested – results pending ■ Primary target on granitoid contact ■ Open in all directions ■ GRC311 12m @ 7.7g/t Au (within 29m @ 3.7g/t Au) ■ GRC310 10m @ 7.7g
Slide 15: Whistler – An Emerging Primary High-Grade Gold Discovery?
Whistler – An Emerging Primary High-Grade Gold Discovery? ■ Thick, coherent zone of gold mineralization ■ High-grade central core ■ Dip extent tested – results pending ■ Primary target on granitoid contact ■ Open in all directions ■ GRC311 12m @ 7.7g/t Au (within 29m @ 3.7g/t Au) ■ GRC310 10m @ 7.7g
Slide 16: Whistler – Priority Focus for Initial Drilling
Whistler – Priority Focus for Initial Drilling PHASE (3) PHASE (2) PHASE (1) 600m 16
Slide 17: Montague Prospect
Gidgee Gold Project – Montague Prospect ■ Shallow oxide open cut ■ Significant mineralisation: ■ extending out of bottom of pit ■ open down dip and along strike ■ High-grade domains ■ Multiple targets ■ Open in all directions ■ Drilling results include: ■ 6m @ 12.6g/t Au ■ 20m @ 1.8g/t Au ■ 9m @ 7.9
Slide 18: Montague Prospect
Gidgee Gold Project – Montague Prospect ■ Shallow oxide open cut ■ Significant mineralisation: ■ extending out of bottom of pit ■ open down dip and along strike ■ High-grade domains ■ Multiple targets ■ Open in all directions ■ Drilling results include: ■ 6m @ 12.6g/t Au ■ 20m @ 1.8g/t Au ■ 9m @ 7.9
Slide 19: Montague Prospect
Gidgee Gold Project – Montague Prospect ■ Shallow oxide open cut ■ Significant mineralisation: ■ extending out of bottom of pit ■ open down dip and along strike ■ High-grade domains ■ Multiple targets ■ Open in all directions ■ Drilling results include: ■ 6m @ 12.6g/t Au ■ 20m @ 1.8g/t Au ■ 9m @ 7.9
Slide 20: Caledonian Prospect
Gidgee Gold Project – Caledonian Prospect ■ Shallow oxide open cut (mined) ■ Shallow oxide mineralisation drilled over 1km: ■ High-grade domains ■ No testing beneath likely depletion zone in fresh rock ■ Open in all directions ■ Historical drilling results include*: ■ 10m @ 6.5g/t Au ■ 7m @ 16g/t Au
Slide 21: Caledonian Prospect
Gidgee Gold Project – Caledonian Prospect 21
Slide 22: Gidgee – Aggressive Approach to Exploration
Gidgee – Aggressive Approach to Exploration ■ Targeted programs of RC drilling underway since March 2018: ■ Whistler – outstanding results from first three RC holes ■ Montague ■ Caledonian ■ Systematic Aircore drilling of granitoid contact ■ Evaluation of stockwork targets ■ Evaluation of eastern co
Slide 23: Proposed Acquisition: Portfolio of Quality Regional Projects
Proposed Acquisition: Portfolio of Quality Regional Projects Bryah Basin Project ■ Large, consolidated tenement holding in premier VMS copper-gold province ■ Prospective for DeGrussa and Horseshoe Lights style Cu-Au deposits and Fortnum-style gold deposits Sylvania Project Sylvania Project Bryah Bas
Slide 24: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways ■ A new growth opportunity in the WA gold sector following consolidation of the Gidgee gold tenure ■ A Tier-1 address for gold exploration, development and mining ■ Proven gold endowment as evidenced by historical mining and drilling ■ Virtually no modern, systemat
Slide 25: Creating value from advanced gold exploration in WA
ASX: GML ■ Consolidation of well-endowed Gidgee gold tenure in WA ■ Never exposed to modern exploration techniques ■ Targeting further shallow oxide discoveries and barely-tested potential at depth Creating value from advanced gold Resources Rising Stars exploration in WA Peter Langworthy – 29-30 Ma