Gwr Group Limited · ASX:GWR
Gwr — Golden West Resources — Shareholder Meeting (2011)
14 slides from Gwr's shareholder meeting presentation, 2011
Slide 1: Annual General Meeting
Annual General Meeting Hyatt Centre Perth 2011 Easter Goldfields - Yilgarn Resources Development Esperance March 2011
Slide 2: Regulatory and Compliance
Regulatory and Compliance Disclaimer This presentation contains reference to certain plans of Golden West Resources Limited which may or may not be achieved. The performance and operations of Golden West Resources Limited may be influenced by a number of factors, uncertainties and contingencies many
Slide 3: Achievements
Achievements • 23rd November 2010; GWR secures 3Mt per annum port allocation at Esperance • 10th December 2010; GWR executes Agreement to pursue gold acquisition in West African country of Senegal, from Silvrex; GWR still holds a 16% interest in Silvrex • 23rd December 2010 GWR announces a share pla
Slide 4: Wiluna West Project Overview
Wiluna West Project Overview • Tenement holding 267km2 • Granted mining leases over main project area • DSO hematite Mineral Resource Estimate of 130Mt @ 60% Fe • DSO hematite Mineral Reserve Estimate of 69.2Mt @ 60.3% Fe • Gold Mineral Resource Estimate of 3.5Mt @ 2.3g/t for 258,000 oz
Slide 5: Wiluna West Project DSO Hematite Resources & Reserves
Wiluna West Project DSO Hematite Resources & Reserves Golden West Resources Limited Wiluna West Hematite Project 2011 Mineral Resource Update Reported above a 50% cut‐off Tonnes SIO2 Al2O3 LOI Classification Fe % P % (Mt) % % % Measured 3.7 59.6 7.8 2.5 4.0 0.09 Indicated 77.2 60.3 7.4 2.4 3.6 0.05
Slide 6: DSO Hematite Project Status
DSO Hematite Project Status • Mining Approvals – JWD Stage 1 Mine (up to 2Mt per year via Esperance Port) • Mining Proposal currently at DMP awaiting approval pending SEC18 application @ DIA – Stage 2 Mine (5 to 7Mt per year via proposed Oakajee Port) • Flora & Fauna surveys largely completed, final
Slide 7: Infrastructure
Infrastructure • Government has appointed Deloitte’s to carry out a review on a number of WA ports, including Esperance. • GWR has taken a lead role in the establishment of an “alliance” of “near term” Yilgarn based miners. • Seeking early access through EPSL to take up the Port’s latent capacity of
Slide 8: Iron Project Generation
Iron Project Generation • GWR has actively been pursuing other DSO hematite projects within the Midwest region • Earaheedy (recently acquired 1382km2) – Located 200km north east of Wiluna – Within Earaheedy Basin – Highly prospective for hematite and manganese deposits • Booylgoo Springs (12km2 ) –
Slide 9: Wiluna West Gold Project
Wiluna West Gold Project • Aiming to commence gold mining operations in 2012 via toll milling arrangement with nearby milling facility. • Wiluna West has a number of gold deposits with a combined Resource of 3.5Mt @ 2.3g/t Au for 258,000 oz • Preliminary infill & confirmatory RC drilling at the Gold
Slide 10: Wiluna West Gold Resources
Wiluna West Gold Resources Grade Ounces Prospect Resource Type Shear Tonnage g/t Au Au Golden Monarch Indicated Joyners Shear Zone 46,000 3.54 5,200 Inferred Joyners Shear Zone 685,000 2.31 50,900 Eagle Inferred Joyners Shear Zone 489,000 2.40 37,800 Iron Hawk Inferred Joyners Shear Zone 138,000 1.5
Slide 11: Community & Indigenous Employment
Community & Indigenous Employment • Indigenous Employment • >30% of GWR’s full time employees are indigenous and mostly local Martu people • Community programs • Member of Wiluna RPA • Support for Many Rivers • Supporter of Clontarf Foundation, currently 7 Wiluna boys at Perth and Albany campus’s •
Slide 12: Work Experience October 2011
Work Experience October 2011
Slide 13: Martu Eagles vs DNJFC
Martu Eagles vs DNJFC Rottnest Island June 2011
Slide 14: Thank You