New Murchison Gold Limited · ASX:NMG
New Murchison Gold — Investor Presentation (November 2024)
24 slides from New Murchison Gold's investor presentation, November 2024
Slide 1: Investor Presentation
Investor Presentation November 2024 newmurchgold.com.au ASX: NMG
Slide 2: Disclaimer
Disclaimer Important – you must read the following before continuing JORC Code This investor presentation ("Presentation") is dated 30 May 2024 and has been prepared by New Murchison Gold Limited (ACN 950 It is a requirement of the ASX Listing Rules that the reporting of (amongst other things) explo
Slide 3: Advanced Murchison Gold Explorer
Advanced Murchison Gold Explorer Located in the heart of the prolific Murchison gold district NMG’s flagship Garden Gully Gold Project is located in the highly prospective Abbotts Greenstone Belt north of Meekatharra, with close proximity to numerous operating gold mines and processing facilities Sh
Slide 4: Garden Gully Project
Garden Gully Project Located in the heart of the prolific Murchison gold district • NMG’s flagship Garden Gully Gold Project is located in the highly prospective Abbotts Greenstone Belt north of well established gold centre, Meekatharra, Western Australia ◦ Structurally deformed, prospective and min
Slide 5: Regional Geology & Prospect Location
Regional Geology & Prospect Location Belt scale tenure holding with multiple prospects • Gold in the Abbots greenstone belt is more prevalent on the eastern side of the belt ◦ Gold occurrences in N-S trending splays off the Abernethy shear zone ◦ Crown Prince Prospect is one of several advanced proj
Slide 6: Exploration and Development Pipeline
Exploration and Development Pipeline NMG has a strong pipeline of exploration and development prospects at its flagship Garden Gully Gold Project Reserve Early Stage Advanced Advanced Definition & Prospects Prospects Resource Development Abbots Abernethy Kingswood Pathway to production Airstrip Lydi
Slide 7: Westgold Strategic Alliance and Placement
Westgold Strategic Alliance and Placement Provides a clear pathway to commercialising Crown Prince, validates the quality of the deposit and enables NMG to leverage Westgold’s expertise and infrastructure to fast-track the development of Crown Prince • NMG has entered into a binding agreement with d
Slide 8: Corporate Overview
Corporate Overview Capital Structure Board & Management NMG:ASX Current Share Price A$0.009 Ordinary Shares on Issue 7,370m Options & Performance Rights 1,496m Market Capitalisation (undiluted) $66.3m ALEX RICK FRANK MAL COSTICA PASSMORE CRABB DEMARTE RANDALL VIERU Cash (end Sept, unaudited) $3.4m C
Slide 9: Crown Prince Prospect
Crown Prince Prospect High-grade mineralisation in offset dilational jogs, which have then undergone folding and shearing Better intercepts at Crown Prince include: • 2m at 910.38g/t Au from 29m and 4m at 15.74g/t Au from 72m in OGGSRC574 (Southeastern Zone) • 40m at 16.22g/t Au from 75m incl. 10m a
Slide 10: Crown Prince Prospect
Crown Prince Prospect Infill drilling confirms the Crown Prince resource model • A recently completed 7,500m 66-hole infill RC drilling program has been completed at Crown Prince Project • This program demonstrated good continuity of mineralisation given the style of gold ore body at a drill spacing
Slide 11: Crown Prince: Southeastern Zone
Crown Prince: Southeastern Zone High-grade Southeastern Zone; plunging fold, mineralisation concentrated in fold hinge and along eastern flank • Southeastern Zone (SEZ) continues to return high-grade gold intercepts ◦ 20m at 277g/t Au from 40m including 4m at 1,368g/t Au from 52m (OGGRC859) ◦ 15m at
Slide 12: Crown Prince: Southeastern Zone Mineralisation
Crown Prince: Southeastern Zone Mineralisation Southeastern Zone mineralisation at depth – OGGRC551 well below supergene levels • Gold mineralisation occurs within structurally controlled quartz veins that dip steeply to the south-west (at Main Zone) and south-east (at Southeastern Zone) • Carbonate
Slide 13: Crown Prince: Mineral Resource
Crown Prince: Mineral Resource Shallow, high-grade gold resource Crown Prince (JORC 2012) Mineral Resource Estimate • Indicated and Inferred Resource of 1.84Mt at 4.1g/t Au for 240koz , on a granted Mining Lease ◦ Resources are shallow, representing strong open pit mining potential ◦ Open along stri
Slide 14: Crown Prince: Mineral Resource (cont'd)
Crown Prince: Mineral Resource (cont’d) Significant resource growth upside Other high-grade gold intersections extending SEZ deposit • MRE was last published in February 2024 • New drilling has been completed and is being incorporated into a new release • Resource growth expected from: ◦ Incorporati
Slide 15: 3D Interactive Presentation
3D Interactive Presentation Refer to NMG’s website to see our VRIFY 3D interactive presentation 15 newmurchgold.com.au
Slide 16: Crown Prince: Upside at Depth
Crown Prince: Upside at Depth Mineralisaton open at depth • Gold mineralisation occurs within structurally controlled quartz – carbonate veins • These veins are relatively continuous along strike to the north-west and south-east (100’s of metres) until they are offset by local north-south shear zone
Slide 17: Crown Prince: Metallurgical Testwork
Crown Prince: Metallurgical Testwork Strong metallurgical performance from advanced test work • High recovery of gold through gravity and cyanide leach test work • High overall gold recovery rates ranging from 98.2 – 99.8% • Gravity gold recoveries range from 66.6 – 90.5% • Rapid leach kinetics show
Slide 18: Crown Prince Workstreams
Crown Prince Workstreams Rapidly advancing project development and mining proposal workstreams at Crown Prince Item Status Sufficient for initial mine planning Mineral Resources Infill drilling to convert inferred to indicated and measured categories Geotechnical aspects very well understood. 15 DD
Slide 19: Mine Layout
Mine Layout With many technical aspects now resolved the mine layout has been completed • Key technical aspects resolved following the completion of: • Soils and Landform Assessment • Flora and Fauna Survey and Assessment • Waste Rock Characterisation • Waste Rock Landform Stability Assessment • Hyd
Slide 20: Funding and Development Outlook
Funding and Development Outlook Since late May 2024 NMG has been working on pre-development activities readying the Crown Prince Prospect for production with ore to be sold to Westgold’s mill 33km away by road • Westgold Bluebird mill has capacity for Crown Prince type ore Source of Funds – as relea
Slide 21: Strategic Plan
Strategic Plan Crown Prince Build the project to scale Continue drilling along strike, test underground extensions and delineate other near resource mineralised zones to advance further resource growth at Crown Prince Advance development workstreams Progress detailed technical programs, preliminary
Slide 22: Appendix A. Crown Prince MRE
Appendix A. Crown Prince MRE Crown Prince (JORC 2012) Mineral Resource Estimate Ounces & drilling per vertical metre Tonnes Grade Contained Zone Category (Mt) (g/t Au) Gold (koz Au) Indicated 0.75 5.3 129 Southeastern Zone Inferred 0.23 4.6 35 Total 0.99 5.2 164 Indicated 0.29 3.4 32 Main & Northern
Slide 23: Competent Person Statement
Competent Person Statement Exploration Results The information contained in this Presentation that relates to Exploration Results are based upon, and fairly represent, information and supporting documentation compiled by Mr Costica Vieru, a Member of the Australian Institute of Geoscientists and a f
Slide 24: Alex Passmore | CEO
Alex Passmore | CEO (08) 9289 6927 info@newmurchgold.com Level 2, 5 Ord St West Perth WA 6005
New Murchison Gold — Investor Presentation (November 2024) on 6ix