Win Metals Ltd · ASX:WIN
Win Metals — Widgie Nickel — The Australian Nickel Conference 2022
18 slides from Win Metals's conference presentation, Oct 5, 2022
Slide 1: The Pathway to Sustainable Nickel Production
For personal use only The Australian Nickel Conference- The Pathway to Sustainable Nickel Production 5th October 2022 Mt Edwards Headframe (c1976) www.widgienickel.com.au Picture: Jim Reeve
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Widgie Nickel Limited (“WIN” or the “Company”) to assist in informing interested parties about the Company. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an i
Slide 3: Overview
For personal use only Overview 132N Deposit
Slide 4: Widgie's Value Proposition - An Optimal Location, History & Timeline
Widgie’s Value Proposition - An Optimal Location, History & Timeline Tier one jurisdiction and infrastructure support focus on returning Mt Edwards to production For personal use only Expe rienced and Proximal to critical Set to bededicated production-ready team with Set to be production-ready at Mt
Slide 5: Widgie's Value Proposition – A High-Quality Resource with Latent Value
Widgie’s Value Proposition – A High-Quality Resource with Latent Value An expanding nickel resource with substantial growth potential across multiple other clean energy commodities For personal use only Expe rienced and A large nickel sulphide dedicated team with Substantial resource relevantupside,
Slide 6: A Pragmatic & Clear Project Development Strategy
A Pragmatic & Clear Project Development Strategy Aiming for Mt Edwards be production ready by the end of 2023, whilst setting up for the future For personal use only Drilling, Metallurgical test work, Nickel Production 2023 via Continue exploration on resource re-estimation, Armstrong deposit, which
Slide 7: The Endowment
The Endowment Unique attributes - 12 separate deposits to drive value For personal use only Indicated Inferred Total Resources Tonnes Grade Tonnes Grade Tonnes Grade Contained Ni Deposit (kt) (% Ni) (kt) (% Ni) (kt) (% Ni) (t Ni) Widgie 3 626 1.5 626 1.5 9,160 Gillett 1,306 1.7 1,306 1.7 22,500 Widg
Slide 8: Armstrong - First Cab Off the Rank With a Clear Pathway to Production
Armstrong - First Cab Off the Rank With a Clear Pathway to Production A high-grade deposit in the heart of Mt Edwards Key Facts For personal use only • Armstrong is a key deposit of the Widgie Nickel portfolio being the most advanced providing an ideal 1 2 3 4 standalone mining opportunity • 2003-20
Slide 9: Armstrong Scoping Study – A Major Step Forward
Armstrong Scoping Study – A Major Step Forward A key step towards production and self funding For personal use only Key Highlights • Mining & Feasibility • Entech Pty Ltd • Wood Plc • MBS Environmental Ltd • Auralia & Snowden Optiro Peer Review • MineGeotech Pty Ltd • Low CAPEX, Simple underground c
Slide 10: Exploration Success - Widgie South
Exploration Success - Widgie South A key target for resource growth after excellent exploration success from recent campaign For personal use only Key Facts • Widgie South comprises Widgie 3, Gillett & Widgie Townsite • Gillet North success extends mineralised corridor further towards Widgie Townsit
Slide 11: Exploration Success – Gillett getting bigger
Exploration Success – Gillett getting bigger At Gillett in the heart of Widgie South For personal use only Key Highlights • Assays from first hole drilled at Gillett North prospect delivered multiple high-grade nickel intercepts. • Follow up holes confirmed high-grade nature & demonstrates grade con
Slide 12: New High-Grade Lithium Discovery – Additional Value Potential
New High-Grade Lithium Discovery – Additional Value Potential Multiple high-grade lithium bearing pegmatites from rock chip sampling unlocks another avenue of growth For personal use only Key Facts • Rock chip sampling at the Faraday prospect recently identified high-grade lithium bearing pegmatites
Slide 13: Highlights
Highlights For personal use only 100% owned Mt Edwards Project encompasses Presence of copper, cobalt & PGM confirmed - significant Mineral Resources of 10.684Mt @ 1.60% potential to capture additional value from by- Ni for 168.15kt of Nickel product credits ~240km2 tenements covering the highly New
Slide 14: Corporate Summary
Corporate Summary Board & Management Share Price For personal use only Andrew Parker Non-Executive Chair - Corporate / Legal Andrew holds a Bachelor of Laws (LLB) degree from the University of Western Australia and has significant experience in the resources industry involving corporate advisory, st
Slide 15: Remember you will WIN with Widgie!!
For personal use only Remember you will WIN with Widgie!! www.widgienickel.com.au ASX: WIN L4/220 St Georges Terrace Perth WA 6000 15
Slide 16: Appendices
For personal use only Appendices 16
Slide 17: Geological Overview – Historical Production
Geological Overview – Historical Production For personal use only 17
Slide 18: Mineral Resource Estimate
Mineral Resource Estimate 32 Mt Edwards Global Nickel Mineral Resource For personal use only Indicated Inferred Total Resources Compliance Statement Tonnes Grade Tonnes Grade Tonnes Grade Contained Ni Deposit Widgie Nickel has prepared the presentation materials based on information (kt) (% Ni) (kt)
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