Gold Mountain Limited · ASX:GMN
Gold Mountain — Shareholder Meeting (November 2022)
26 slides from Gold Mountain's shareholder meeting presentation, Nov 18, 2022
Slide 1: Gold Mountain Limited AGM Presentation
For personal use only Gold Mountain Limited Exploring for Lithium in Brazil and Discovering Copper-Gold in PNG AGM Presentation 18 November 2022 | ASX: GMN
Slide 2: Exploring for critical minerals across the globe
For personal use only Gold Mountain is exploring for critical minerals across the globe beginning with lithium in Brazil and copper-gold in PNG Lead by a strong board and management, the company intends to bring value to its shareholders by seeking mineral deposits that will help to meet projected s
Slide 3: Brazil Projects
For personal use only BRAZIL PROJECTS 3
Slide 4: Lithium in Brazil
LITHIUM IN BRAZIL For personal use only Brazil hosts some of the largest pegmatite occurrences in the world There are two major provinces of Lithium bearing pegmatites in Brazil, being the south-eastern region (centered on Minas Gerais State) and the Borborema region (straddling several states i
Slide 5: Juremal Project
JUREMAL PROJECT For personal use only Geological traversing of tracks and arid Caatinga scrub land covering tenement 870208/2022 has resulted in the identification of potential spodumene bearing pegmatites in the southern part of the licence. Samples are dominantly float from a licence containin
Slide 6: Reconnaissance at Juremal
RECONNAISSANCE AT Figure 2 JUREMAL For personal use only Regional reconnaissance program at the Juremal tenement has identified lithium bearing pegmatites. The figure 1 shows the locations where spodumene was located on the tenement (red symbols) Mars mines took 13 samples on the Juremal tenem
Slide 7: Custodia Project
CUSTODIA PROJECT For personal use only Lithium pegmatites were reported within the granted Custodia project tenements by Neliton Santos, Mars Mines’ local Brazilian geologist. Neliton Santos carried out a soil and rock chip sample program earlier in the year. Visible spodumene was identified in
Slide 8: Brazil Lithium
BRAZIL LITHIUM For personal use only Complete Acquisition of 20% of Mars Brazil JVCo Commit to spending $2.75m within 2 years to acquire an additional 55% of JVCo Commence exploration programs to define extent and grade of pegmatite bearing lithium Aim to have targets ready to drill by end o
Slide 9: Predicted Deficit in Future Lithium Supply
PREDICTED DEFICIT IN FUTURE LITHIUM SUPPLY For personal use only GMN PLANS TO BE PART OF THE SOLUTION Forecast lithium market deficit is expected to grow significantly out to 2030, driven by tight supply “Demand for lithium – the commodity with the largest projected demand- supply gap – is project
Slide 10: Lithium Market Supply v Demand Deficit
LITHIUM MARKET SUPPLY V DEMAND DEFICIT For personal use only Current supply v demand models see a continued deficit as downstream companies globally scramble for supply of raw materials, driven in part by strong EV penetration. This deficit is forecast to growth into the latter part of the decade.
Slide 11: Increasing Lithium Demand from Electric Vehicles
INCREASING LITIUM DEMAND FROM ELECTRIC VEHICLES For personal use only Global Focus on ESG Enhances Gold ELECTRIC VEHICLE SALES: 2019 – 2022E Mountain’s Lithium Appeal Increasing focus from investors and companies on clean energy sources and awareness of battery and lithium supply chains favours
Slide 12: Copper-Gold in PNG
COPPER-GOLD IN PNG For personal use only PNG’s Papuan Mobile Belt is host to a world-renowned mining jurisdiction The Wabag Project is situated on a large Northeast trending structural lineament - which is host to many world-class porphyry copper-gold and gold deposits including Grasberg, Porgera,
Slide 13: Gold Mountain's Leases at Wabag
GOLD MOUNTAIN’S LEASES AT WABAG For personal use only Current and emerging targets in +17km long structural corridor 1 Corridor identified from aeromagnetic data Mapping and sampling has identified porphyry and skarn prospects within the corridor including Mt Wipi – Priority target area Sak
Slide 14: Priority One: Mt Wipi Target
GOLD MOUNTAIN’S PRIORITY ONE For personal use only MT WIPI TARGET Kandum /Pully prospects located noth of GMN;s 2021 to 2022 drilling Six trenches excavated at the at Kandum / Pully Prospect, (MWTR006 to MWTR011) Anomalous copper identified in trenches 5 of the trenches Best intercept from M
Slide 15: Kandum-Pully Trenching
KANDUM-PULLY TRENCHING For personal use only Trenching at Mt Wipi’s Kandum / Pully area is adjacent to intense magnetic anomalies (magnetic low and magnetic high) which have been modelled as possible porphyry intrusive and may be the source of the mineralisation observed in the trenches. Mineralis
Slide 16: Wabag Ongoing Exploration
WABAG Ongoing Exploration For personal use only Cu-Au clusters to be mapped and sampled in detail to identify potential drill targets The highest recorded values from the recent rock chip sampling program are: 37.3g/t Au from LYRC694 with a total of 88 samples recording gold values over 0.10g/
Slide 17: Wabag Copper-Gold Project
WABAG COPPER-GOLD PROJECT For personal use only Identify and prepare drill sites at Mt Wipi in early 2023 Drill three / four holes at Wabag to test Buried magnetic low target – Pully Prospect Buried Magnetic high feature are Kandum Prospect Two holes to test the strong copper geochemistry in
Slide 18: A Low Carbon World Requires More Copper
A LOW CARBON WORLD REQUIRES MORE COPPER For personal use only The world will need MUCH MORE copper to transition to renewable energy and electric vehicles The EU proposes 100% cut in CO2 emissions from cars by 2035: will other countries follow suit? Source: Visual Capitalist Source: copper.org 1
Slide 19: Predicted Deficit in Future Copper Supply
PREDICTED DEFICIT IN FUTURE COPPER SUPPLY For personal use only GMN PLANS TO BE PART OF THE SOLUTION The existing and projected capacity is declining Large mine grades are declining Exploration has been limited in the last decade The 10 million tonne deficit needs to be filled to meet predic
Slide 20: Outcomes
OUTCOMES For personal use only 2023: A transformative A successful acquisition in Management is confident Discovery also likely year for GMN Brazil will have a positive of a porphyry deposit have major impact on impact on company discovery at Mt Wipi company valuation value Both Lithium and Copper B
Slide 21: Corporate Overview
CORPORATE OVERVIEW For personal use only As at 16 November 2022 Capitalisation Data MISSION ASX Ticker GMN To deliver significant ongoing value creation Shares on Issue ~1.48Bn for our shareholders Quoted Options ~178m Share Price $0.012 Market Capitalisation ~$18M VISION Net Cash (30 Sep) ~ $1.78M
Slide 22: Our People
OUR PEOPLE Experienced team with significant experience in mining and processing industries Broad spectrum of disciplines For personal use only Experienced and Invested Board Outcomes focused, with “skin in the game” Tim Cameron Syed Hizam Pay Chuan (Paul) Lim Steven Larkins CEO & Executive Di
Slide 23: Highly Experienced Management and Technical Team
HIGHLY EXPERIENCED MANAGEMENT AND TECHNICAL TEAM For personal use only Tier-1 Executive Management and Project Development Strong technical capability Proven track-record and involvement in porphyry system discoveries Phil Jones B App Sc Porphyry Expert Dan Smith BA, Grad Dip ACG, FCIS, FGIA,
Slide 24: Disclaimer
DISCLAIMER For personal use only This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may
Slide 25: Competent Person Statements
COMPETENT PERSON STATEMENTS For personal use only COMPETENT PERSON STATEMENT – PATRICK SMITH The information in this presentation that relates solely to Exploration Results for GMN's Wabag Project in PNG is based on information compiled by Patrick Smith, a Competent Person who is a Member of The Aus
Slide 26: Contact Information
CONTACT INFORMATION For personal use only For more information, please contact Gold Mountain Limited (ASX: GMN): Tim Cameron CEO & Executive Director +61 448 405 860 | tim.cameron@goldmountainltd.com.au www.goldmountainltd.com.au