Norwest Minerals Ltd. · ASX:NWM
Norwest Minerals — Investor Presentation (August 2019)
19 slides from Norwest Minerals's investor presentation, Aug 28, 2019
Slide 1: Presentation to accompany Entitlement Offer to raise $3.14 million
For personal use only Presentation to accompany Entitlement Offer to raise $3.14 million Norwest Minerals is a new copper-gold resource company aggressively exploring the North Dovers IOCG and Bulgera Gold projects both located in Western Australia. August 2019
Slide 2: Disclaimer
For personal use only DISCLAIMER This presentation has been prepared by Norwest Minerals Limited (Norwest or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be
Slide 3: Entitlement Offer Summary
ENTITLEMENT OFFER SUMMARY NORWEST MINERALS LIMITED ABN 72 622 979 275 THE OFFER For personal use only • Non-renounceable 1 for 3 partly underwritten Entitlement Offer to raise $3.14m • 20,960,000 New Shares at an issue price of 15 cents per New Share • 28.6% discount to NWM closing price on 26 Augus
Slide 4: Company Overview
COMPANY OVERVIEW For personal use only CORPORATE SUMMARY - ASX listed 29 November 2018 CORPORATE SNAPSHOT PRIOR TO ENTITLEMENT OFFER Bali ASX Code NWM Marymia Shares on Issue 62.88 million Marriotts Warriedar Market capitalisation (at $0.20per share) $12.6 million Options on issue at $0.20 (exp. 7 S
Slide 5: Investment Highlights: The Arunta West Project - IOCG
INVESTMENT HIGHLIGHTS T H E A R U N TA W E S T P R O J E C T - I O C G M I N E R A L I S AT I O N P O T E N T I A L LOCATION For personal use only In Western Australia, 600kms west of Alice Springs near the WA/NT boarder. Project area of 1,700km² with major geophysical & geologic features typical of
Slide 6: Investment Highlights: The Bulgera Project - Advanced Gold Project
INVESTMENT HIGHLIGHTS T H E B U LG E R A P R O J EC T – A N A DVA N C E D WA G O L D P R O J E C T L O C AT E D N E A R N O R W E S T ' S M A R Y M I A TENEMENTS LOCATION For personal use only The Bulgera Gold Project is 200kms north of Meekatharra near the Plutonic Gold operation and within 10kms o
Slide 7: Arunta West
ARUNTA WEST LOCATION For personal use only Arunta West ARUNTA WEST: BACKGROUND • The 1700km² Arunta West project is located approximately 600 kilometres west of Alice Springs in Western Australia and is strategically located along strike of Independence Group’s (ASX: IGO) large Lake MacKay project h
Slide 8: Arunta West Project: Highly Prospective North Dovers
For personal use only ARUNTA WEST PROJECT North Dover HIGHLY PROSPECTIVE – NORTH DOVERS RC drill plan • North Dovers is a BHP-identified IOCG target located in the Arunta region of Western Australia. New strategic tenement • North Dovers is a large coincident magnetic-gravity anomaly with key geolog
Slide 9: RC Drill Planning – North Dovers Anomaly
For personal use only RC DRILL PLANNING – NORTH DOVERS ANOMALY THE NORTH DOVERS ANOMALY COVERS ~32 SQUARE KMS - 80 hole, 12,000m RC drill programme planned to extensively test IOCG target. NORWEST NORTH DOVERS IOCG TARGET IOCG TARGET PRIMER IOCG resources are typically very large and exist within co
Slide 10: Arunta Belt - Massive Exploration Potential
For personal use only ARUNTA BELT - MASSIVE EXPLORATION POTENTIAL Diamond Drill holes Aggressive accumulation of tenements along the Mantati Arunta belt by the Independence Group (IGO): 3 JV tenements (earning 80%) • IGO have recently increased their ground position from 100% owned tenements New 13,
Slide 11: Bulgera Gold Project Location
BULGERA GOLD PROJECT LOCATION COMPRISES TWO BULGERA GOLD PROJECT TENEMENTS WITH A COMBINED AREAS OF 36.8KM2 For personal use only ADVANCED GOLD PROJECT – POTENTIAL EXPANSION AND SHORT TERM REVENUE • Recent 100% acquisition of the Bulgera Gold project - located in the ~5Moz Plutonic Well Greenstone B
Slide 12: Bulgera Gold Project: Extensive Drill & Mining Database
BULGERA GOLD PROJECT For personal use only EXTENSIVE DRILL & MINING DATABASE • Shallow ore last mined 2004 to feed Plutonic mill (still operating) • Upgrading the 2004 Barrick Resource models to JORC 2012 compliancy – significant remnant gold resources potential BULGERA 2004 RESOURCE MODELS GRADE-SH
Slide 13: Investment Summary
For personal use only INVESTMENT SUMMARY Arunta West project consists of 1,700 square kilometers of highly prospective land having potential for a world-class IOCG mineral discovery. Significant increase in copper-gold exploration activity across the Arunta region. North Dovers prospect presents mas
Slide 14: Board and Chief Executive Officer
CHAIRMAN Michael Tilley Michael Tilley is the Chairman and a founding director of Terrain Capital Limited. He has worked in the accounting and finance industries for more than 40 years and he has a broad range of senior CHIEF EXECUTIVE advisory and project management experience in all facets of corp
Slide 15: Contact
Contact https://www.norwestminerals.com.au For personal use only Norwest Minerals Charles Schaus Suite 1a, First Floor charles@norwestminerals.com.au 7 Ventnor Ave West Perth WA Australia, 6005 Tel: +61 8 6166 5814 Mob: +61 (0) 417 944 295
Slide 16: Appendix
For personal use only APPENDIX
Slide 17: Bulgera Gold Project: Remnant Gold Mineralisation
BULGERA GOLD PROJECT Remnant Gold Mineralisation For personal use only Bulgera – depth 48m Venus – depth 50m (back filled) Mercuri – depth 57m Modelled gold mineralisation (2004) • yellow – remnant in pit walls, extending below pits and immediately adjacent to pits • purple – near surface mineralisa
Slide 18: Gold mineralisation potential
Gold mineralisation potential: • Extending below shallow pits • At surface adjacent to mined areas For personal use only • Along 5 km strike of mafic- ultramafic units away from pits • Below untested sediment cover
Slide 19: Gold mineralisation below pit potential
For personal use only Gold mineralisation below pit potential Multi-lode near surface gold mineralisation
Norwest Minerals — Investor Presentation (August 2019) on 6ix