Classic Minerals Ltd · ASX:CLZ
Classic Minerals — Investor Presentation (October 2020)
27 slides from Classic Minerals's investor presentation, Oct 27, 2020
Slide 1: Investor Presentation
Investor Presentation On the fast track to becoming a gold producer OCTOBER 2020 Investor Presentation
Slide 2: Investment Snapshot
Investment Snapshot. Strategically located in a very prospective region On the fast-track to gold production and early within Western Australia’s famous Goldfields, in the revenue stream at flagship Kat Gap Gold Project, heart of WA Southern Cross Forrestania Greenstone via acquisition of Gekko Proc
Slide 3: Corporate Overview
Corporate Overview. Capitalisation Data(1) LTM Share Price and Volume(1) A$/share Volume (M) Share Price A$ 0.002 0.004 40 Basic S/O M 13,339 35 Market Cap A$M 26.67 0.003 30 Cash on Hand(2) A$M 0.50 25 Debt(3) A$M 1.95 0.002 20 Enterprise Value A$M 25.22 15 0.001 10 Management and Board 5 Dean Good
Slide 4: Management Overview
Management Overview. Executive Management • Geologist with 30+ years experience in Australia and Overseas across all aspects of the industry in the gold and advanced minerals sectors Dean Goodwin • Previous experience includes Head of Geology at Focus Minerals, Managing Director at Barra Resources a
Slide 5: Projects Overview
Projects Overview. In the heart of a world class gold province • Located within the highly prospective Forrestania Greenstone belt – ~120km south of Southern Cross, WA, and 17km southwest of historic Bounty Mine • Consists of a number of granted exploration and prospecting licences – In excess of 50
Slide 6: Kat Gap Gold Project
Kat Gap Gold Project On the fast track to gold production 6 of 26
Slide 7: Kat Gap – Overview
Kat Gap – Overview. Flagship high-grade, shallow ore deposit • 170km south of Southern Cross and 50km south of the FGP Kat Gap Tenements Showing Mining Lease Area • Shallow unmined deposit first drilled in 1990’s – Subject of resource estimations and scoping study by Sons of Gwalia in 2003 • Open en
Slide 8: Southern Cross Greenstone Belt and Classic Tenements
Southern Cross Greenstone Belt and Classic Tenements. Investor Presentation 8 of 26
Slide 9: Kat Gap RC Drilling Highlights
Kat Gap RC Drilling Highlights. 245 holes for 17,650m completed since acquisition of Kat Gap • 195 RC holes for 14,378m completed over the last 12 months with key results below Hole From (m) Width (m) Grade (g/t Au) Hole From (m) Width (m) Grade (g/t Au) FKGRC184 79 4 76.72 FKGRC095 123 9 20.94 Incl
Slide 10: Kat Gap Metallurgical Studies
Kat Gap Metallurgical Studies. Leach test-work yields overall recoveries between 95% and 96% • Conventional gravity separation process – Up to 75% gold recovery from oxide samples • Conventional cyanide leach process – 95-96% recovery from both fresh and oxide samples • Positive results indicating m
Slide 11: Auger Drilling at Kat Gap
Auger Drilling at Kat Gap. Substantial high-grade gold anomaly revealed Auger Hole Locations • Substantial high-grade gold anomaly out in the granite west of the main contact zone revealed • Grades up to 2.13g/t Au • Main part of the anomaly covers an area of ~900m by 500m • Gold present in all type
Slide 12: Kat Gap JORC Mineral Resource
Kat Gap JORC Mineral Resource. 93,000oz @ 3g/t Au inferred mineral resource • Resource calculated to pave the way for an application of a mining lease over deposit area • Strong potential for resource upside – Current resource open in all directions, does not include high grade step out drilling res
Slide 13: Gekko Gold Gravity Processing Plant
Gekko Gold Gravity Processing Plant. On the fast track to gold production and an early revenue stream • On site processing at Kat Gap deposit will be made possible • Gekko are world leaders in the manufacture of gold processing plant and machinery • Purchased in July 2020 for cost of A$4m – A$2.6M b
Slide 14: Forrestania Gold Project
Forrestania Gold Project File Picture Early production opportunity Investor Presentation 14 of 26
Slide 15: Lady Magdalene – Overview
Lady Magdalene – Overview. High tonnage, high oz deposit with new zones being discovered • Located within 600m of Lady Ada • Mineralisation over 1km long drilled to a down dip length of 200- 300m (150m vertical depth) and generally 10m thick – Grade ranging between 1.0 – 5.0g/t Au • Primary gold min
Slide 16: Lady Magdalene – Key Drilling Results
Lady Magdalene – Key Drilling Results. Significant results indicate potential for further exploration success • Recent drilling has confirmed the existence of significant gold bearing quartz veins between existing drill lines • Upcoming drill campaigns will track the quartz veins to the east and sou
Slide 17: Lady Magdalene – Key Drilling Results
Lady Magdalene – Key Drilling Results. Investor Presentation 1. Refer to ASX announcement dated 11 Jul 2017 – Classic Discovers New High Grade Zone at Lady Magdalene Deposit 17 of 26
Slide 18: Lady Ada – Overview
Lady Ada – Overview. Potential to provide further underground mine life extensions at FGP • Mined by Sons of Gwalia in 2003 at an average grade of 8.81g/t Au for 27,000oz Overview of Lady Ada Ore Body • Primary gold mineralisation is hosted by a shallow east dipping quartz dolerite unit • High-grade
Slide 19: FGP JORC Mineral Resource
FGP JORC Mineral Resource. 311,050oz @ 1.33g/t Au Indicated and Inferred Resource • Classic holds 80% of the gold rights for the FGP • Resources are located beneath an existing open pit shell at Lady Ada and the unmined, near surface deposits at Lady Magdalene • Indicates the possibility of higher-g
Slide 20: Growth & Development
Growth & Development Long-term prospects and vision Investor Presentation 20 of 8
Slide 21: Immediate Plans for Growth
Immediate Plans for Growth. Substantial upside to be seen across numerous programs 1 ✓ Drilling • RC and DD to delineate HG extensions at Kat Gap. Nov 20 2 ✓ Updated Resource and Reserve • Further drilling to increase resource and maiden reserve Feb 21 3 ✓ PFS and Greenfields Target Drilling • Incor
Slide 22: Long-term Prospects and Vision
Long-term Prospects and Vision. Organic growth from existing tenure plus a wider vision for the FGP area • Key development and growth strategies for FGP – Increase resource via exploration and strategic acquisition – Establish new Forrestania processing hub • Acquisition Targets – Multiple complimen
Slide 23: Appendix
Appendix Transforming from exploration to mining Investor Presentation 23 of 8
Slide 24: FGP and Kat Gap Exploration Potential
FGP and Kat Gap Exploration Potential. Region contains in excess of 90 priority targets with tenements • Detailed mapping of the entire Forrestania Greenstone belt has identified in excess of 90 priority targets within CLZ’s FGP project area • CEO, Dean Goodwin, completed a detailed geological mappi
Slide 25: Global JORC Mineral Resource
Global JORC Mineral Resource. 403,906oz @ 1.52g/t Au Inferred and Indicated Resource Indicated Inferred Total Prospect Tonnes Grade (g/t Au) Ounces (Au) Tonnes Grade (g/t Au) Ounces (Au) Tonnes Grade (g/t Au) Ounces (Au) Lady - - - 5,922,700 1.32 251,350 5,922,700 1.32 251,350 Magdalene Lady Ada 257
Slide 26: Disclaimer
Disclaimer. The information in this presentation is published to inform you about Classic Minerals Limited (Classic or the Company) and its activities. To the maximum extent permitted by law, the Company and their related bodies corporate, affiliates and each of their respective directors, officers,
Slide 27: Contact
CONTACT P: + 61 8 6305 0221 E: contact@classicminerals.com.au PO Box 1318, Wangara DC, WA 6947 71 Furniss Road, Landsdale, WA 6065 ACN 119 484 016 Investor Presentation
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