Gateway Mining Limited · ASX:GML
Gateway Mining — Melbourne Mining Club Cutting Edge Series (May 2006)
21 slides from Gateway Mining's conference presentation, May 16, 2006
Slide 1: Melbourne Mining Club Cutting Edge Series
GATEWAY M ot IN G NOL _ MELBOURNE MINING CLUB CUTTING EDGE SERIES 16th May 2006 ASX CODE: GML
Slide 2: Disclaimer
GATEWAY ‘ DISCLAIMER THIS CORPORATE UPDATE IS NOT A DISCLOSURE NOR DOES IT CONSTITUTE THE PROVISION OF FINANCIAL PRODUCT ADVICE. NONE OF GATEWAY MINING NL (“GATEWAY”), ITS RELATED BODIES CORPORATE, OFFICERS, EMPLOYEES AND ADVISORS MAKES OR GIVES ANY REPRESENTATIONS, WARRANTY OR GUARANTEE IN RELATION
Slide 3: Corporate Structure
"eee )§~=$CORPORATE STRUCTURE @® Capital Structure ‘Issued Shares 101.1M «Options 9.69 M @ 30 cents (March 07) @ Market Cap (@22 cents) $22.2M @ Parilecn @ Cash $1.7M Investments $1.2M
Slide 4: Priority Projects
GATEWAY ra s Priority Projects ie PR ENG NEL i ey] Y Pi COOTAMUNDRA AND. BARRA (Gold) | Melbourne © e GIDGEE - cen : Gum Creek Belt WA @ COWRA - Gold, Copper __ Lachlan Fold Belt NSW @ SURPRISE - - Gold, Copper -Mtlsa QLD _ *» Hodgkinson Basin Qld - Gold Tucker bor NSW - - Gold
Slide 5: Gidgee Gold Project
® _ GIDGEE GOLD PROJECT * -JV Agreement with Placer Dome Jan 06, now Barrick Gold Corp __-$4 million in funding to earn 70% - Deep drilling to target 5 million ounce conceptual target at _ Victory Creek (Wallaby lookalike 7.1 Moz) - Exciting targets generated from gravity, geochemistry and magnetics
Slide 6: Gidgee Gold Project
mua §©=<GIDGEE GOLD PROJECT SIMPLIFIED on GEOLOGY @ Belt has produced over 1.5 million ounces of gold BELFORD BORE 0 40 400 square km strategic landholding ranging from 75% to100% interests [77] Greenstone Tenement Montague - Placer JV over 80 sq km boundaries Ly Focus on two areas le : - large mine
Slide 7: Airport Gold Trend, Montague Magnetics & Targets
, GATEWAY AIRPORT GOLD TREND - 4 km LONG MONTAGUE MAGNETICS & TARGETS @ Under Explored 25% of holes have tested below 50m depth 2% of holes have tested below 100m depth ® Barrick targeting multi-million ounce gold systems under 20-30 metres of cover Priority deep drill targets at Victory Creek and J
Slide 8: Victory Creek
GATEWAY MM VICTORY CREEK ®@ Priority large sed hosted magnetic a ® Notdrill tested ®@ Intersects Julia's: Fault at depth? — 3D MODEL OF MAGNETICS oe be TO 1.5km DEPTH Wallaby deposit © VICTORY CREEK MAGNETIC TARGET . aN
Slide 9: encouraging
ry . encouraging Au As-Sb geochemist ic feature djacent to planned to test wide zones of magnet @ Deeper holes @A 7m 4. 72, Aul << L13gtAu Gold, Arsenic, | Antimony Anomal 67m @ 0.44g/ Au int. Sn @ SN MIN x LL LU Oo O > oO eo) tad o > se yi SE t +N G ON RN : GATEWAY ra
Slide 10: Victory Creek 3D Model Gravity and Magnetics
GATEWAY mts 2S VICTORY CREEK 3D MODEL GRAVITY AND MAGNETICS
Slide 11: Julia's Fault
ATE WAT JULIA’S FAULT 748,000ME 200m 6,969,400mN / @® New Discovery in 2005 5m @ 2 O.S2gt Au 7 SEDIMENTS - (20dt au bottom of hok 1 kilometre tong Gold Trend from shallow RAB drilling @ Target 1 km long 6,968,000MN GROG drilled eact Aim @ 0.80git Au ine 2m. @ 1.0588 AW GRCI74 bottom of ha “119m @ 2.
Slide 12: Julia's Fault
GATEWAY : JULIA’S FAULT FAB ACOME GRE3083 GRO174 GRB2090 GRO GRB3082 GRB208 os ahh? Wide zones, gently dipping Potential for large tonnage gold resource GOLD MINERALISED ZONE “bomRL Easily drill tested 123m GRB = Shallow RAB drillhole GRC = RC drillhole JULIA’S FAULT Drilling Section 6,969,000mN
Slide 13: Airport Gold Trend, Montague Magnetics & Targets
», GATEWAY Go oNL AIRPORT GOLD TREND - 4 km LONG MONTAGUE MAGNETICS & TARGETS @ Under Explored 25% of holes have tested below 50m depth 2% of holes have tested below 100m depth Barrick targeting multi-million ounce gold systems under 20-30 metres of cover Drilling at Airport to target high grade gol
Slide 14: Airport Gold Targets
mid = =AIRPORT GOLD TARGETS PANNIKIN 8m @ 3.88 g/t gold (RAB) LEGEND [EF] Metasediments EZ] metabasatt Metadiorite Felsic - sediments Granodiorite CENTRAL ne 6m @ 39.85 git Targets zones 3m @ 38.19 git gold |__ BULLSEYE 5m @ 22.18 g/t gold @ \|n excess of 100,000 ounces mined from open pits @ Whistl
Slide 15: Rosie North
oareway F ~ ROSIE NORTH @ Rosie North Gold Trend extends for 300m and is open to north and at depth. | Grades up to 28 g/t gold HANGING WALL STRUCTURE 2 m @ 13.58 git . a 2m @ 9.20 git gold Discovery of parallel trending structure 90 metres to east Results include 2 metres @ 13.58 g/t AB NOW 8 2 met
Slide 16: Cowra Project
GATEWAY : COWRA PROJECT _ SEARCHING FOR GOLD & COPPER > _ RESOURCES IN A WORLD CLASS _ GEOLOGICAL PROVINCE ©
Slide 17: Cowra Project
GATEWAY COWRA PROJECT Targeting significant gold and copper- gold systems Located 50 km south of 30Moz gold Peak Hill Fi : : 11.3 Mt Cardia/Ridgeway operations 4.29 gft Au, 0.71% Cu JV with Goldminco Corporation Northparkes 0.6 Moz Au, 0.5 Mt Cu Mi Parkes Cadia-Ridgeway 30 Moz Au, 3.9 Mt Cu Cowal 12
Slide 18: Cowra Project Target Zones
GATEWAY Pow inten ag owe TA | Copper-Gold Target 7m & 4k Delineated by Stream Sediment Sampling Kiola Trend 20km Long Alteration Zon Delineated by Magnetics = Fox Tank South COWRA TARGET ZONES COWRA PROJECT = : @ Project covers over 60 kilometres of prospective Ordovician rocks e Key Target at Kiola
Slide 19: Cowra - Kiola Region
GATEWAY COWRA - KIOLA REGION Nasdaq Skarn @ Initial drilling has intersected skarn old up to 25.3 g/t in drilling alteration and mineralisation at a includes 4m @ 5 g/t gold number of anomalies Dollys - Magnetic target Au, Cu, Bi, As, Mo in surface geochem skarn intersected in drilling Fox Tank Nort
Slide 20: Summary
GATEWAY rwe 6 JV with words oe soe producer over = portion of Gidges Projet WA. Barri x to spend $ 4 million on exploration : Priority target at Victory Creek showing similarities io Wallaby deposit containing 7.1 M Oz gold 2 _Large strategic pens 2 at Gidgee wit with enormous blue-sky _ potential S
Slide 21: Contact Details
-. GATEWAY M st | N G NOL CONTACT DETAILS: Email: info@gatewaymining.com.au Phone: 02 9283 5711 Website: www.gatewaymining.com.au ASX CODE: GML
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