Slide 1: Gateway Mining Limited Investor Presentation
For personal use only Gateway Mining Limited Investor Presentation March 2013 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by the management of Gateway Mining Limited (the Company) for meetings with investors, brokers, analysts and other interested parties. The information is based on publicly available information, internally developed models and othe
Slide 3: Executive Summary
Executive Summary For personal use only Gateway Mining Ltd (GML) Capital Structure • Focused & experienced team ASX Code GML • Advanced VMS & gold exploration projects Shares on Issue 263m • Strong cash balance & low administration costs Market Cap (@ 7c) ~$19m • Targeting a major VMS discovery in 2
Slide 4: Highlights
Highlights For personal use only • 2013 will be a turning point for Gateway – cash to fund significant exploration • Restructured & recapitalised company • Supportive, significant investors introduced to the company • New Board and Management in place • Intensive data review completed to delineate h
Slide 5: Strong Board
Strong Board For personal use only • Trent Franklin FAICD BSc (Geology)– Non Executive Chairman Qualified geologist with strong corporate experience; currently Managing Director of Enrizen Financial Group, formerly director of Australian Olympic Committee Inc & Australian Water Polo Inc; background
Slide 6: Strong Management
Strong Management For personal use only • Gary Franklin CPA (Fellow) BEc – Company Secretary & CFO Certified Practicing Accountant; over 30 years’ experience in Company Secretarial and CFO positions, including with resources companies; previously Wambo Coal, Hartogen Energy Group, United Collieries,
Slide 7: Project Location
Project Location For personal use only • 150km2 of tenements over the Gum Creek Greenstone Belt • “The Belt is underexplored and there is significant potential for discovery of further large high grade gold deposits and base metal 1 deposits” – Mark Creasy • Gateway targeting major Volcanogenic Mass
Slide 8: Project Location
Project Location For personal use only Wiluna (110km) Meekatharra (153km) GIDGEE PROJECT GIDGEE AREA Past Gold Operations Approx 1 million oz Produced; existing infrastructure MONTAGUE Western Past Gold Operations Approx 150k ozs produced Australia historically Meekatharra Wiluna Sandstone Kalgoorli
Slide 9: VMS Prospects
VMS Prospects For personal use only Summary • Gidgee project hosted in greenstone terrain of the Yilgarn Craton • Highly prospective VMS targets – targeting high grade Cu/Zn deposits • Significant untested Electromagnetic (EM) anomalies extending the entire project length – over 30km of potential st
Slide 10: VMS Prospects: Gidgee relative to nearby VMS mineralisation
VMS Prospects For personal use only Location of Gidgee project relative to nearby VMS mineralisation Horseshoe Metals Cu, Au Horseshoe Sandfire Lights Resources Palaeoproterozoic Cu, Au DeGrussa Meekatharra Wiluna Archaean Yilgarn Craton Cue Gidgee Project Mt Magnet Leinster Sandstone Independence M
Slide 11: Project Overview - VMS Bevan
Project Overview - VMS Bevan For personal use only Right Geological Environment for VMS deposits • Typical VMS terrain - Mafic Volcanics and Felsic/Intermediate Volcanic/Volcaniclastic Sequence (Achaean - Primitive Type) typical of ‘Bi-Modal Mafic’ packages which host a number of VMS deposits in the
Slide 12: Project Overview - VMS
Project Overview - VMS For personal use only All the hallmarks of a Fertile VMS System • Alteration (sericite and chlorite) indicative of VMS The Cup - Significant Cu Discovery systems identified widely across the project area in litho-geochemical test work • MLTEM and VTEM anomalies geophysical sur
Slide 13: Drill Targets (1st half '13)
Drill Targets (1st half ‘13) For personal use only Drilled February/March, 2013 (awaiting results) •RC Drilling tested the following targets (see Bevan & Bigfinger next slides) • Bigfinger & Bevan prospects • Birthday Gossan • The Cup • Snake Gossan Snake Gossan •Aircore drilling to better define ta
Slide 14: Drill Targets (Feb-Mar): Bevan and Bigfinger
Drill Targets (Feb-Mar) For personal use only Bevan and Bigfinger 5.7% Cu rock chip sample •Historic surface rock chip sampling is highly anomalous for copper and zinc, up to 5.7% Cu Bevan Shallow line of angled •Historic angled RAB drilling intersected copper and RAB drilling, max dh depth 35m; zin
Slide 15: Drill Targets (Feb-Mar): Birthday Gossan
Drill Targets (Feb-Mar) For personal use only • Strong prospect– part of 4km long trend (MLTEM conductor) Birthday Gossan • Coincident gossan outcrop and sub-crop in strongly weathered terrain - minor exploration to date Rock chip • Rock chip sampling sample: Anomalous for copper and zinc Cu - 0.09%
Slide 16: The Cup – confirmed VMS mineralisation
Drill Targets (Feb-Mar) For personal use only The Cup – confirmed VMS mineralisation Cross Section 6968000mN (+/- 25m window) Plan View - Drill Hole Pierce Points (recent drilling only) GRC198: 14m@0.38%Cu from126m 4m@ 1.46% Cu from 69m 18m@ 1.48% Cu from 74m 27m@ 1.42% Cu from 89m GRC209: 22m@0.70%
Slide 17: Snake Gossan Trend
Drill Targets (Feb-Mar) For personal use only Snake Gossan Trend Historic line of shallow angled RAB drill holes: 16m@ 0.27% Cu from •Geophysical & Geochemical results point towards a surface to EOH base metal system Historic aircore drill hole: 34m @ 0.07% Cu from surface •1.4km trend of strong VTE
Slide 18: Drill Targets (April-May)
Drill Targets (April -May) For personal use only Aircore Program – late April commencement • Extremely promising prospect • Almost no RC drilling in area • Very strong EM conductors, with coincident geochemical multi- element VMS anomalism, and zones of massive sulphides, semi-massive sulphides & go
Slide 19: Other Gidgee Prospects: Airport Area
Other Gidgee Prospects For personal use only Airport Area ( 85% Gateway; 15% Goldfan Ltd) OVERVIEW •4km long gold trend •Advanced Project •Historically mined areas during the 1980s by Herald Resources •Existing 25,600 oz JORC inferred resource at Whistler Pit • WRC017 - 9m @ 33.82 g/t Au •Significan
Slide 20: Other Gidgee Prospects: Victory Creek
Other Gidgee Prospects For personal use only Victory Creek ( 75% Gateway; 25% Estuary Resources Ltd) • Subject to JV with Placer Dome in 2006 prior to takeover by Barrick Gold • Placer “targeting minimum 5.0 million oz gold resource” 1 • Placer interpreted Victory Creek as having similarities to the
Slide 21: Summary
Summary For personal use only • Exciting and highly prospective exploration company • Significant untapped potential • Gateway’s Gidgee projects have all the hallmarks of a major new VMS province, along with several extremely significant gold targets • Numerous drill ready targets • Upcoming drillin