Great Boulder Resources Ltd · ASX:GBR
Great Boulder Resources — Investor Presentation (October 2024)
20 slides from Great Boulder Resources's investor presentation, Oct 31, 2024
Slide 1: Defining a 1.5 Million Ounce High-Grade Gold Resource in Western Australia
For personal use only DEFINING A 1.5 MILLION OUNCE HIGH-GRADE GOLD RESOURCE IN WESTERN AUSTRALIA SIDE WELL GOLD PROJECT October 2024 | ASX:GBR GREATBOULDER.COM.AU
Slide 2: Important Information
IMPORTANT INFORMATION Purpose of presentation: This presentation has been prepared by Great Boulder Resources Limited (ACN 611 695 955) (GBR). It is intended for the sole purpose of providing high-level For personal use only background information on GBR, its projects and its proposed operations. Th
Slide 3: Meekatharra Gold Hub
MEEKATHARRA GOLD HUB Defining a new multi-million-ounce gold camp ▪ Targeting 1.5Moz at Side Well (current MRE 668koz @ For personal use only 2.8g/t Au) ▪ High-value ounces close to existing milling infrastructure - <25km from Westgold’s Bluebird mill (1.8Mtpa) ▪ Unlocking a large-scale hydrothermal
Slide 4: Corporate Overview
CORPORATE OVERVIEW A well-funded explorer guided by 140 years of exploration experience CAPITAL STRUCTURE BOARD & MANAGEMENT For personal use only 606M ~$30M SHARES ON ISSUE MARKET CAP ASX: GBR At $0.05/sh ~$3M Nil CASH DEBT As at 30 Jun 24 Collins St Asset Management & Related Parties (9.2%) Cumulu
Slide 5: Side Well
SIDE WELL Developing a high-grade stand-alone mining opportunity in the Murchison Targeting a 1.5 million-ounce Au resource in 2025 For personal use only Side Well snapshot Development Pathway 2025 JORC Resource Resource Target 668koz @ 2.8g/t Au1 1.5Moz @ +2.5g/t Au2 Mining Leases in Progress Grant
Slide 6: Side Well: A large-scale intrusive-related gold system
SIDE WELL A large-scale intrusive-related gold system ▪ Mulga Bill – A large, high-grade intrusive-related gold system For personal use only ▪ The +18km Ironbark Corridor is the stratigraphic equivalent of the Paddy’s Flat group of mines ▪ Vein-hosted gold grades up to 3,160g/t Au at Mulga Bill – Ir
Slide 7: Side Well Mineral Resource Estimate Updated – November 2023
SIDE WELL Mineral Resource Estimate Updated – November 2023 Mineral Resource Estimate incorporating all drilling to Sept 2023 For personal use only INDICATED INFERRED TOTAL Tonnes Au Tonnes Au Tonnes Au Deposit Ounces Ounces Ounces (kt) (g/t) (kt) (g/t) (kt) (g/t) Mulga Bill 2,399 3.3 252,000 4,112
Slide 8: Mulga Bill: Sensational high-grade gold mineralisation
MULGA BILL Sensational high-grade gold mineralisation ▪ MRE 568,000oz @ 2.7g/t Au* For personal use only ▪ Drilling has returned consistent high-grade results: – 6m @ 589.44/t Au from 114m – 14m @ 36.12g/t Au from 91m – 15m @ 35.82g/t Au from 88m – 8m @ 54.60g/t Au from 120m ▪ Resource occupies ~1.1
Slide 9: Mulga Bill: Significant growth potential
MULGA BILL Significant growth potential ▪ Two mineralisation events: Intrusive-related (subvertical lodes) For personal use only and remobilised high-grade veins (red, cross-cutting lodes) ▪ Open at depth; high grade structures plunging north ▪ Continues into Mulga Bill North >1km along strike GREAT
Slide 10: Mulga Bill Deeps
MULGA BILL DEEPS Deeper holes testing stacked lodes, grade and alteration at depth For personal use only ▪ Mulga Bill has the same spatial extent as WGX’s 2Moz Bluebird group* * Resources 10.7Mt @ 2.79g/t Au for 960koz: ASX announcement 23/9/2024 GREATBOULDER.COM.AU 10
Slide 11: Ironbark: Near surface, high-grade mineralisation
IRONBARK Near surface, high-grade mineralisation ▪ MRE: 100,000oz @ 3.3g/t Au For personal use only ▪ Conventional exploration – little to no alluvial cover in this area ▪ Orogenic gold system ▪ Broad zones of shallow gold mineralisation over a 500m strike – 5m @ 51.65g/t Au from 106m – 21m @ 3.56g/
Slide 12: Ironbark: Mining Lease application in progress
IRONBARK Mining Lease application in progress For personal use only ▪ Mining Lease lodged over Ironbark in June 2023 ▪ No ore reserve calculations or feasibility studies have been completed at this stage ▪ Provides optionality for early cashflow and non-dilutive funding GREATBOULDER.COM.AU 12
Slide 13: Ironbark Corridor: Saltbush discovery
IRONBARK CORRIDOR Saltbush discovery – an Ironbark analogue For personal use only ▪ Same geology & alteration as Ironbark within a +2km Au-As anomaly ▪ First drill program: high-grade hits at Saltbush – 10m @ 6.47g/t Au from 117m, incl. 3m @ 18.59g/t Au – 12m @ 2.16g/t Au from 69m incl. 4m @ 3.94g/t
Slide 14: Ironbark Corridor Growth Targets 1: Ironbark to Saltbush
IRONBARK CORRIDOR Growth Targets 1: Ironbark to Saltbush For personal use only ▪ Heat maps of Ironbark-style (left) and Mulga Bill-style (right) pathfinder anomalism generated from auger sampling ▪ Several areas defined with a larger and stronger geochemical response than the Ironbark discovery ▪ Th
Slide 15: Ironbark Corridor Growth Targets 2: Saltbush to Side Well South
IRONBARK CORRIDOR Growth Targets 2: Saltbush to Side Well South For personal use only ▪ Strongest geochemical anomalism identified to date ▪ Ironbark-style anomaly 2.4km long (Left) ▪ Mulga Bill-style anomaly 1.4km long (Right) ▪ Drilling underway. Results expected November 2024 GREATBOULDER.COM.AU
Slide 16: Looking Ahead
LOOKING AHEAD Resource growth & development to underpin technical studies For personal use only ▪ Resource development and definition drilling at Saltbush & Mulga Bill North ▪ Discovery drilling testing multiple new targets: Ironbark Corridor, Matilda, Side Well South, Polelle Project ▪ Resource gro
Slide 17: Regional Gold Projects: Polelle & Wanganui
REGIONAL GOLD PROJECTS Polelle & Wanganui (Option to acquire 75%) Polelle Project For personal use only ▪ 12km south of Meekatharra & 8km east of the Westgold Bluebird mill ▪ A similar stratigraphic position to Side Well ▪ Previous geochemistry & heritage work presents immediate drill targets ▪ Maid
Slide 18: Other Projects
OTHER PROJECTS High quality Gold & Base Metal projects in Western Australia Gold / Nickel Zinc / Lead For personal use only Whiteheads, Kalgoorlie Wellington, Earaheedy Basin 319km2 of highly prospective and Along strike from Rumble strategic tenure located c.40km Resources’ (ASX:RTR) large north of
Slide 19: Why Invest in GBR?
WHY INVEST IN GBR? For personal use only Side Well is a “Unicorn” project: • Large intrusive-related gold system • High grade • <25km from the nearest mill Technically focused exploration team with a strong track record of discovery Undertaking smart, innovative & systematic exploration Ongoing dril
Slide 20: Thank You
For personal use only Thank You Contact us: (08) 9321 6037 L1, 51 Colin St West Perth WA 6005 GREATBOULDER.COM.AU admin@greatboulder.com.au
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