Nagambie Resources Limited · ASX:NAG
Nagambie Resources — Shareholder Meeting (November 2021)
23 slides from Nagambie Resources's shareholder meeting presentation, Nov 26, 2021
Slide 1: Annual General Meeting CEO Operations presentation
ASX:NAG Annual General Meeting CEO Operations presentation 26 November 2021
Slide 2: Disclaimer & Competent Person Statement
DISCLAIMER & COMPETENT PERSON STATEMENT STATEMENT AS TO COMPETENCY The Exploration Results in this report have been compiled by Adam Jones who is a Member of the Australian Institute of Geoscientists (MAIG). Adam Jones has sufficient experience which is relevant to the style of mineralisation and ty
Slide 3: Strategy
STRATEGY Shareholder Value Non – Gold Assets Develop and realise value Nagambie Mine site Develop as a regional centre for gold production Gold Gold exploration Production Discover gold resources through cost effective exploration, and strategy partnership 26 November 2021 Annual General Meeting - C
Slide 4: Gold Exploration
GOLD EXPLORATION Overview of exploration tenements 26 November 2021 Annual General Meeting - CEO presentation 4
Slide 5: Overview of exploration tenements
Overview of exploration tenements Fosterville Gold Mine Costerfield Gold Mine Nagambie Gold Mine 26 November 2021 Annual General Meeting - CEO presentation 5
Slide 6: Nagambie Mine Feeder Zone
Nagambie Mine Feeder Zone Previous interpretation Revised interpretation ≈1.3 – 2.5 km NAD006 target area 26 November 2021 Annual General Meeting - CEO presentation 6
Slide 7: Feeder zone gold assays in NAD004
Feeder zone gold assays in NAD004 Better assays received in NAD004 where associated with the Nagambie Mine Thrust and included: 2.8m at 2.57 g/t gold and 1,013 ppm arsenic from 194.8m down hole; 2.1m at 3.32 g/t Au and 1,831 ppm As (including 0.3m at 8.36 g/t Au and 4,360 ppm As) from 220m; 1.3m at
Slide 8: Exploration by JV partner
Exploration by JV partner 26 November 2021 Annual General Meeting - CEO presentation 8
Slide 9: Redcastle JV property
Redcastle JV property • Mawson has a right to earn up to 70% interest in the Redcastle tenement by spending $1M over a 5-year period • Mawson commenced field work at Redcastle in the June 2020 quarter and commenced extensive geophysical surveys and initial diamond drilling during the September quart
Slide 10: Whroo JV property
Whroo JV property • The Whroo JV property comprises 199 sq km covering the Whroo goldfield trend containing significant epizonal goldfields such as the White Hills and Balaclava Hill mining areas. The Balaclava Hill area produced around 40,000 oz of gold in the 1850’s. • Mawson has undertaken a LiDA
Slide 11: Development of the Nagambie Mine
DEVELOPMENT OF THE NAGAMBIE MINE • Significant progress towards developing the Nagambie Mine as a regional centre for gold production • Mineral Processing Plant was fully permitted in August 2021 • Joint Venture Agreement with Golden Camel Mining Pty Ltd was finalised in October 2021 • Generation of
Slide 12: NRL – GCM JV Agreement
NRL – GCM JV Agreement Principal terms of the JVA include: GCM will pay for all the procurement, construction and commissioning costs and pay for the first fill of all consumables GCM will also pay for the upgrade of associated site infrastructure such as the main mine entry, power supply, internal
Slide 13: Mineral processing plant
Mineral processing plant 26 November 2021 Annual General Meeting - CEO presentation 13
Slide 14: Mineral processing plant
Mineral processing plant Initial production capacity will be 180,000 tpa with ability to expand to over 300,000 tpa The selected location is ideally suited for the mineral processing plant enabling permitting to be completed in August The processing facility is a ‘zero release’ system. All solid and
Slide 15: Tailings storage facility
Tailings storage facility 26 November 2021 Annual General Meeting - CEO presentation 15
Slide 16: Tailings storage in geotubes
Tailings storage in geotubes 26 November 2021 Annual General Meeting - CEO presentation 16
Slide 17: Mineral processing plant
Golden Camel Open Pit Mine GCM has already sourced key plant components First ore will be from GCM’s Golden Camel Mine Mineral processing plant GCM has scheduled plant commissioning and the first gold pour for the June quarter 2022 26 November 2021 Annual General Meeting - CEO presentation 17
Slide 18: Mineralised Ore Bioleaching
Mineralised Ore Bioleaching Nagambie Resources, together with JV partner GCM, is investigating new ways residual gold from historical cyanide heaps can be recovered using naturally-occurring bacteria During the year, a Perth-based laboratory was selected to carry out the required bacterial speciatio
Slide 19: PASS Project
PASS Project • NRL has an EPA-approved Environment Management Plan / A18 permit to store PASS in the legacy water-filled pits at the Nagambie Mine as part of the proposed rehabilitation of those pits. 26 November 2021 Annual General Meeting - CEO presentation 19
Slide 20: PASS Project
PASS Project The Spark Consortium was announced as the preferred bidder for the NELP in June 2021, and reached contractual close with its financing partners in October 2021 Around 7 Mt of potential acid sulfate soil (PASS) is likely to be generated by this project Throughout the year, Spark progress
Slide 21: Land purchase
Land purchase 26 November 2021 Annual General Meeting - CEO presentation 21
Slide 22: Quarrying
Quarrying • Reached agreement with a local construction contractor allowing it to produce, market and sell material from overburden stockpiles and pay a royalty to Nagambie Resources for each tonne of material sold. 26 November 2021 Annual General Meeting - CEO presentation 22
Slide 23: www.nagambieresources.com.au
www.nagambieresources.com.au James Earle – Chief Executive Officer james@nagambieresources.com.au 26 November 2021 Annual General Meeting - CEO presentation 23
Nagambie Resources — Shareholder Meeting (November 2021) on 6ix