E79 Gold Mines Limited · ASX:E79
E79 Gold Mines — Shareholder Meeting (November 2022)
22 slides from E79 Gold Mines's shareholder meeting presentation, Nov 10, 2022
Slide 1: E79 Gold Mines – Money in the Ground
For personal use only E79 GOLD MINES Money in the Ground AGM 10 November 2022
Slide 2: Disclaimer
DISCLAIMER This presentation contains only an overview of E79 Gold Mines Limited (“E79" or the “Company”) and its activities and operations. The contents of For personal use only this presentation, including matters relating to the geology and exploration potential of the Company’s projects, may rel
Slide 3: Overview
OVERVIEW Good management – track record of discovery and For personal use only successful development • 2008 Explorer of the Year (Integra Mining) • 2010 Miner of the Year (Integra Mining) • 2020 Craig Oliver Award Winner (Stavely Minerals) Good ground – two sizeable projects in prolific ‘world- cla
Slide 4: Corporate
CORPORATE Non-Executive Chair For personal use only Chris Cairns Share Price $0.11 Non-Executive Director Shares on issue 66,000,749 Deborah Lord Market Capitalisation $7.26M Non-Executive Director Cash on Hand $6.15M Peter Ironside Enterprise Value $1.11M Chief Executive Officer Board and Managemen
Slide 5: Two projects in the Eastern Goldfields of Western Australia
PROJECTS Two projects in the Eastern Goldfields For personal use only of Western Australia 355 km2 of tenure in the Laverton Tectonic Zone - one of the world’s most prolific gold belts ~30Moz 541km2 of tenure in the Murchison Goldfields– ~30Moz of endowment “Money in the ground.”
Slide 6: Laverton South Project
PROJECTS Laverton South Project For personal use only Relative to the north-central portions of the belt, the southern portion is under-explored Resources Historical Production Endowment Meas & Ind Inf Deposit Tonnes Tonnes Tonnes Grade Ounces (kt) Grade Ounces Grade Ounces Ounces (kt) (kt) Granny -
Slide 7: Laverton South Project
PROJECTS Laverton South Project For personal use only Pinjin 100% owned Lake Yindana 100% Owned Recent + 1.5Moz discovery at Bombora (Breaker Resources 20/12/21) Recent +1Moz discovery at Rebecca / Duchess (Ramelius Resources 12/4/22) “Money in the ground.”
Slide 8: Laverton South Project - Pinjin
PROJECTS Laverton South Project - Pinjin For personal use only E79 100% A series of tenements along strike north and south of the Anglo Saxon (Trouser Legs) Gold Mine, Pinjin Goldfield In conjunction with the Lake Yindana tenement, the tenure controls the north and south strike extensions of the Reb
Slide 9: Laverton South Project - Pinjin
PROJECTS Laverton South Project - Pinjin For personal use only Targeting completed by previous explorer, St Barbara – walk-up drill targets including - T1 - T2 - T3 – Drilled by E79 - T4 – Drilled by E79 Kirgella’s Gift RC drilling results include: 33m @ 3.10g/t Au from 51m (Renaissance Minerals Lim
Slide 10: Target 3 - Pinjin
PROJECTS Target 3- Pinjin For personal use only Anomalous gold found at base of and under a regional paleochannel. To date ~21,500m aircore drilled Results show two 1,600m long zones of anomalous gold Central zone has a 600m wide and 120m wide core of thick anomalous gold to end of hole Western Zone
Slide 11: Target 3 - Central Zone
PROJECTS Target 3- Central Zone For personal use only Drilled at 160m line spacing 4 consecutive lines show a linear, 600m long 120m wide zone with thick anomalism to end of hole 20m @0.16 g/t Au from 84m1 to end of hole 24m @ 0.20 g/t Au from 80m2 to end of hole 8m @ 0.29 g/t Au from 100m1 to end o
Slide 12: Target 3 - Western Zone
PROJECTS Target 3- Western Zone For personal use only Drilled to 160m line spacing Within a 1,600m long zone of anomalous gold Core is 500m long, 50m wide zone of anomalism. Gold values slightly higher Within greenstone, structurally controlled 8m @ 0.211 g/t Au 12m @ 0.412 g/t Au 8m @ 0.421 g/t Au
Slide 13: Target East
PROJECTS Target 4 East For personal use only Drilling be previous explorer outlined a 2.5km long zone of anomalous gold This zone sits on a domain boundary and extends south through the historic Pinjin Goldfield and north to the historic high grade Patricia open pits 95 Aircore holes drilled and awa
Slide 14: Laverton South Project – Lake Yindana
PROJECTS Laverton South Project – Lake Yindana For personal use only First-mover opportunity GSWA maps show the tenement is less prospective granite (not correct) Discouraged historic exploration – only 65 RAB drill holes, huge areas not explored “Money in the ground.”
Slide 15: Laverton South Project – Lake Yindana
PROJECTS Laverton South Project – Lake Yindana For personal use only Magnetics and recently acquired gravity clearly show that the tenement is underlain by ~25km of greenstones This is supported by the limited historic RAB drilling finding various greenstone lithologies: - Dolerite - Gabbro - Gneiss
Slide 16: Laverton South Project – Lake Yindana
PROJECTS Laverton South Project – Lake Yindana For personal use only Magnetics and gravity clearly show that the tenement is underlain by ~25km of greenstones Given the distinct lack of previous exploration, effectively E79 has a ‘first-mover’ opportunity: ‘…the largest deposits in any particular se
Slide 17: Neighbours
NEIGHBOURS Laverton South Gold Project For personal use only Ramelius Resources +1 Moz resource (Ramelius Resources 12/4/22) Breaker Resources +1.5 Moz resource (Breaker Resources 20/12/21) Carasue Dam +4 Moz endowment (Northern Star 3/5/22) “Money in the ground.”
Slide 18: Murchison Project - Jungar Flats
PROJECTS Murchison Project - Jungar Flats For personal use only 541km2 of tenure Murchison Goldfields >30 million ounces ~90km of strike along the Big Bell Shear and associated structures New acquisition to the south which increased strike length of the Big Bell Shear “Money in the ground.”
Slide 19: Jungar Flats Project
PROJECTS Jungar Flats Project For personal use only Large scale gravity survey completed early 2022 New targets identified Location of the shear and greenstone belt more tightly defined in the north Dolerite intrusion in central part of tenement is more extensive at depth than first thought Ultrafin
Slide 20: Jungar Flats Project
PROJECTS Jungar Flats Project For personal use only Walk-up drill targets on Big Bell Shear Zone include: • 6km-long gold anomaly (BHP) – best 6m @ 0.17g/t Au, lack of follow-up (WAMEX Ref A32829) • T1975-1,2 & 3 (Newcrest) – best 4m @ 0.61g/t Au (WAMEX Ref A46347) Large scale auger program planned
Slide 21: Summary – The Recipe
SUMMARY The Recipe For personal use only Good management – track record of discovery and successful development • 2008 Explorer of the Year (Integra Mining) • 2010 Miner of the Year (Integra Mining) • 2020 Craig Oliver Award Winner (Stavely Minerals) Good ground – two sizeable projects in prolific ‘
Slide 22: Thank you
For personal use only E79 GOLD MINES Committed to a sustainable future Thank you “Money in the ground.”