Gold Mountain Limited · ASX:GMN
Gold Mountain — Investor Presentation (July 2024)
28 slides from Gold Mountain's investor presentation, Jul 8, 2024
Slide 1: Critical Minerals for the Clean Energy Transition
GOLD MOUNTAIN For personal use only CRITICAL MINERALS FOR THE CLEAN ENERGY TRANSITION ASX: GMN | CORPORATE PRESENTATION | FEBRUARY 2024 Corporate Presentation | July 2024 | 1
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER • This presentation has been prepared by Gold Mountain Limited (“GMN”) • This presentation may contain forward-looking statements, forecasts, for the sole purpose of providing general information on GMN estimates and projections (“Forward Statements”). No independent th
Slide 3: Experienced Board and Management
EXPERIENCED BOARD AND MANAGEMENT For personal use only David Evans Aharon Zaetz Syed Hizam Executive Director Non-Executive Director Non-Executive Director • Founder, executive director and major shareholder • A lawyer and experienced director bringing many • Extensive global experience working in v
Slide 4: Brazil: Rare Earths
For personal use only BRAZIL: RARE EARTHS Corporate Presentation | July 2024 | 4
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS • Exposure to a portfolio of rare earths and Niobium assets across Brazil For personal use only • Rare Earth IAC type + REE-Nb-U-Sc exploration areas comprises 1,879.65km2 of tenements Adjacent to and along strike of Brazilian Rare Earths’ (BRE:ASX) project in the Jequié region
Slide 6: Significant Tenements Prospective for Rare Earths
SIGNIFICANT TENEMENTS PROSPECTIVE FOR RARE EARTHS Gold Mountain holds 97 granted tenements and 5 applications in the Jequié Block of the Sao Francisco craton For personal use only Rare Earths anomalies (TREE) composite map. Anomalous data interpretation also suggest ultra-high grade hard rock source
Slide 7: Significant Tenements Prospective for REE
SIGNIFICANT TENEMENTS PROSPECTIVE FOR REE •Poções area tenements have extensive strongly anomalous REE assay results. For personal use only •Extensive preserved old surfaces present, suggesting near fully preserved weathering profiles are present over substantial areas. •Geochemical results also ind
Slide 8: Anomalous Catchments - Prospective for REE
ANOMALOUS CATCHMENTS - PROSPECTIVE FOR REE For personal use only • Total REE, Heavy REE and Light REE plot of anomalous catchments in the central part of the down under project. • NW boundary of the tenements joins BRE areas with known significant mineralisation. • Square dots represent areas with U
Slide 9: Defined Drilling Targets - Prospective for REE
5 DEFINED DRILLING TARGETS - PROSPECTIVE FOR REE 4 Major drilling targets identified in Central tenements For personal use only Square dots indicate potential areas for Ultra-high grade hard rock monazite hosted REE-Nb-U-Sc mineralisation defined by geochemistry analyses. Major structures may host u
Slide 10: Defined Drilling Targets - Prospective for REE
5 DEFINED DRILLING TARGETS - PROSPECTIVE FOR REE For personal use only • 1 Major drilling target identified in southern tenements • Square dot indicate potential area for Ultra-high grade hard rock monazite hosted REE-Nb-U-Sc mineralisation defined by geochemistry analyses. • Many samples waiting fo
Slide 11: Radiometric Traverses - REE Prospectivity
RADIOMETRIC TRAVERSES - REE PROSPECTIVITY • Radiometric spectrometer traversing was For personal use only carried out over 85 km in an initial trial series of surveys • Extensive thorium anomalies up to 1,600 metres wide were identified. • Assayed REE anomalies correlate positively with spectrometer
Slide 12: Radiometric Traverse – Down Under Project
RADIOMETRIC TRAVERSE – DOWN UNDER PROJECT • Yellow highlight shows anomalous thorium responses, plotted as green lines on the red For personal use only spectrometer traverse line. • Line 6 radiometric traverse showing thorium anomalies associated with two of the three old surfaces recognised in the
Slide 13: Brazil – Down Under Distribution of REE Anomalies
BRAZIL – DOWN UNDER-DISTRIBUTION OF REE ANOMALIES • View NNW over the TREE geochemical For personal use only anomalies in the NW sampled areas, adjacent to BRE’s Tres Braços mineralised area of the Down Under Project. • Section line is shown in blue in image of vertically exaggerated topography. Cor
Slide 14: Exploring in the Jequié Region
EXPLORING IN THE JEQUIÉ REGION • First pass is to carry out carefully taken stream sediment samples and outcrop channel samples to find REE For personal use only and pathfinder element anomalies. • Describing the rocks is the geologist’s job at each stream sediment sample site. • Follow up with radi
Slide 15: Down Under REE Project Exploration in Progress
DOWN UNDER REE PROJECT EXPLORATION IN PROGRESS Radiometric traversing in road cuts For personal use only Corporate Presentation | July 2024 | 15
Slide 16: Favourable Geology Prospective for REE
FAVOURABLE GEOLOGY PROSPECTIVE FOR REE Gold Mountain personnel using MS350 spectrometers testing for thorium anomalies, often associated with REE For personal use only Corporate Presentation | July 2024 | 16
Slide 17: Brazil – Jequié Region Weathering - REE Model
BRAZIL – JEQUIÉ REGION WEATHERING - REE MODEL • Different zones in a weathered profile For personal use only contain different amounts and types of REE mineralisation • Mineralised ultramafics can have exceptionally high REE and Nb grades Corporate Presentation | July 2024 | 17
Slide 18: Metallurgy in the Jequié Region Is Well Understood
METALLURGY IN THE JEQUIÉ REGION IS WELL UNDERSTOOD • Extensive metallurgy conducted on BRE projects in the For personal use only region. • Extracted readily with Ammonium sulphate with adjustment to pH 4. Economic level recoveries recorded. • Deleterious U and Th not extracted from the REE ore. • Cl
Slide 19: Exploration Plan – Down Under REE Project
EXPLORATION PLAN – DOWN UNDER REE PROJECT • Remote sensing work completed to define areas of laterite. Geomorphic mapping completed, Sample site planning completed. Initial drill hole traverse sites identified, permitting in progress. For personal use only • Logistics bases set up in suitable areas
Slide 20: Brazil: Niobium - Rare Earths
For personal use only BRAZIL: NIOBIUM - RARE EARTHS
Slide 21: Araxá Region Niobium and REE Projects
ARAXÁ REGION NIOBIUM AND REE PROJECTS • Located in the Barreiro carbonatite-alkaline For personal use only igneous complex near Araxá • The Araxá region contains the largest niobium mine in the world • The mine contains 94% of the world niobium reserves • Located along the “125° lineament” a major c
Slide 22: Araxá Region Niobium and REE Projects
ARAXÁ REGION NIOBIUM AND REE PROJECTS • Located 300 km west of Belo Horizonte in Minas Gerais state. For personal use only • Minas Gerais is a very mining-oriented state in a mining friendly federal jurisdiction. • GMN holds 19 granted tenements and 1 application covering 388 km2. • Initial sampling
Slide 23: Araxá Region Niobium and REE Carbonatite Projects
ARAXÁ REGION NIOBIUM AND REE CARBONATITE PROJECTS Carbonatites are mined for many For personal use only different elements, including iron, titanium, vermiculite, tantalum, phosphate, zirconium, niobium and REE, not all from the same mine, but many mines have significant co-products. Corporate Prese
Slide 24: Araxá Region Niobium and REE Projects
ARAXÁ REGION NIOBIUM AND REE PROJECTS • Tenements in relation to total gradient field and to known For personal use only mineralisation, mostly related to carbonatites. • All GMN tenements are located in, or in the vicinity of, Carbonatite like magnetic responses. • Dykes in the 125° lineament show
Slide 25: Araxá Region Niobium and REE Projects
ARAXÁ REGION NIOBIUM AND REE PROJECTS • Northern tenement in relation to total For personal use only gradient field and to known mineralisation related to carbonatites • Carbonatites in the Araxá region form deposits of niobium, phosphate, barite, vermiculite, gem quality olivine and titanium. Corpo
Slide 26: Araxá Region Niobium and REE Projects
ARAXÁ REGION NIOBIUM AND REE PROJECTS • Mapped mid Proterozoic sedimentary sequence with the mapped Late Cretaceous For personal use only carbonatite complexes shown in bright blue. The geology is overlaid on the magnetic gradient image. • Weathering is up to 250 metres thick and the ore body at the
Slide 27: Araxá Region Niobium and REE Projects
ARAXÁ REGION NIOBIUM AND REE PROJECTS • Drainage sample planning has been completed For personal use only • Geologists in Brazil are being brought up to speed on the local carbonatite geology, alteration halos and laterite zonation. • Sampling strategy being assessed at present to optimise explorati
Slide 28: Appendix: References
APPENDIX: REFERENCES Where a Competent Person has previously issued the written consent to the inclusion of their findings in a report, a company re-issuing that information to the Public whether in the form of a presentation or a subsequent announcement must, state the report name, date and referen