Gateway Mining Limited · ASX:GML
Gateway Mining — Shareholder Meeting (November 2022)
18 slides from Gateway Mining's shareholder meeting presentation, November 2022
Slide 1: Gearing up for our next leg of growth
1 Gearing up for our next leg of growth Montague Gold Project North Murchison, WA Annual General Meeting | November 2022 Mark Cossom, Managing Director 1
Slide 2: Important Information and Disclaimer
2 Important Information and Disclaimer Forward Looking Statements ▪ This presentation has been prepared by Gateway Mining Ltd (GML). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from th
Slide 3: Building a Significant Gold Company in the North Murchison
3 Building a Significant Gold Company in the North Murchison TIER-1 LOCATION ▪ 1,000km2 Montague Gold Project, 800km NE of Perth ROBUST ▪ Project Mineral Resource totaling 526,000oz (Indicated and Inferred1)2 RESOURCE ▪ Part of a significant gold endowed system – large-scale targets RECENT ▪ Julias
Slide 4: Corporate Summary
4 Corporate Summary CAPITAL STRUCTURE ASX Ticker GML Shares on issue 226,010,961 Executive Performance Options 3,300,000 Cash balance as at 30 Sep 2022 $1.80M Listed Investments as at 30 Sep 2022* $1.34M Share Price $0.06 Market Capitalisation $13.56M Enterprise Value $10.42M BOARD OF DIRECTORS MAJO
Slide 5: Highly Successful and Experienced Leadership Team
5 Highly Successful and Experienced Leadership Team ▪ Executive Director since October 2019 Mark Cossom ▪ Geologist with +25-years experience in gold exploration, mine operations and corporate management Managing Director ▪ Former General Manager - Geology & Exploration at Doray Minerals Ltd ▪ Forme
Slide 6: Tier 1-Location
6 Tier 1-Location Great address, prime position for consolidation
Slide 7: Demonstrated Resource Growth
7 Demonstrated Resource Growth Building a strategic base through discovery ▪ Over 70% Resources located within upper 100m – shallow, high-grade ounces ▪ Includes high-grade Indicated Resource of 142,000oz at 2.1g/t1 ▪ Maiden Resources for Julias (77koz), Evermore (67koz) and Achilles North/Airport (
Slide 8: Step-Change Discovery Focus
8 Step-Change Discovery Focus Taking Montague to the next level
Slide 9: Achilles East
9 Achilles East Large-scale potential next to 99,000oz Achilles Resource ▪ New zone – over 150m wide, 600m along strike and open ▪ Broad scale mineralisation in granodiorite ▪ Significant new RC intercepts: ▪ GRC945: 12m @ 5.6g/t Au from 56m ▪ GRC941: 18m @ 2.0g/t Au from 31m within 30m @ 1.3g/t Au
Slide 10: Caledonian-Evermore Corridor
10 Caledonian-Evermore Corridor Major mineralised shear only tested to 250m ▪ Major shear zone host to three historic pits and +230,000oz ▪ First primary-zone drilling below Caledonian gold Resources over +4km ▪ GRRC1005: 13m @ 1.4g/t Au from 101m ▪ Deepest hole only 250m below surface ▪ GRRC912: 18
Slide 11: Building our Pipeline
11 Building our Pipeline Looking to move the needle ▪ 1,000km2 of under-explored, mineralised Gum Creek Greenstone Belt ▪ Focusing on step-change additions to the current Resources ▪ Model Earth consultants retained for conceptual targeting study ▪ Building on increased understanding of last two yea
Slide 12: Julias – Flametree
12 Julias – Flametree Another new shallow, oxide gold discovery ▪ Shallow, oxide gold trend first drilled by Gateway in 2008 ▪ 77,000oz initial Mineral Resource (58,000oz attributable GML)1 ▪ Located on granted Mining Lease ▪ Julias RC results confirm solid mineralisation over 500m: ▪ GRC796: 11m @
Slide 13: Montague-Boulder Deposit
13 Montague-Boulder Deposit Robust Indicated and Inferred Base ▪ 163,000oz Mineral Resource ▪ Includes high-grade 67,000oz @ 4.0g/t Au Indicated1 ▪ Located on granted Mining Lease ▪ Recent drilling continuing to extend shallow mineralisation: ▪ GRC895: 4m @ 8.7g/t Au from 14m, and ▪ GRC873: 4m @ 2.3
Slide 14: Evermore Deposit
14 Evermore Deposit Emerging shallow discovery with substantial upside ▪ New discovery in October 2020 ▪ Maiden Inferred Mineral Resource 67,000oz1 ▪ Similar geology to Montague-Boulder ▪ Located between Montague-Boulder and Whistler (120,000oz2) ▪ Dec 2021 RC drilling has opened the northern strike
Slide 15: Achilles/Airport Deposit
15 Achilles/Airport Deposit Extensive oxide gold zone – still open ▪ Oxide gold discovery made by Gateway in 2019 ▪ Shallow 99,000oz Resource, including 221,000t @ 2.0g/t for 14,000oz Indicated1 ▪ Located on granted Mining Lease ▪ Systematically RC drilled +500m along strike from Rosie pit ▪ Recent
Slide 16: Summary
16 Summary
Slide 17: Key Investment Takeaways
17 Key Investment Takeaways LOCATION ▪ Focused gold explorer in a Tier-1 district FOCUSED ON ▪ Over 60,000m of drilling in 2022 and beyond to expand the RESOURCE current 526koz Resource1 GROWTH SHALLOW ▪ Large under-explored gold system with clear potential for OUNCES, multiple sizeable deposits BIG
Slide 18: Thank You
18 Thank You Annual General Meeting | November 2022 Mark Cossom, Managing Director 18