Western Mines Group Ltd · ASX:WMG
Western Mines — Shareholder Meeting (November 2021)
19 slides from Western Mines's shareholder meeting presentation, Nov 2, 2021
Slide 1: Western Mines Group AGM Presentation
For personal use only WESTERN MINES GROUP AGM PRESENTATION @westernmines 2 NOVEMBER 2021 westernmines Western Mines Group ASX: WMG www.westernmines.com.au
Slide 2: Disclaimer
DISCLAIMER For personal use only NATURE OF THIS DOCUMENT This presentation has been prepared by Western Mines Group Limited ACN 640 738 834 (Company). The information is based on publicly available information, internally developed data and other sources. By receiving this presentation, you acknowle
Slide 3: Company Overview
COMPANY OVERVIEW 10x For personal use only WESTERN MINES GROUP “An exploration driven company • Well funded following IPO - $5.03m cash at 30 September 2021 looking to create value through • High-impact exploration throughout 2022 discovery” • Tight capital structure with 43.8m shares - exceptionall
Slide 4: Directors
DIRECTORS For personal use only Rex Turkington Non-Executive Chairman Capital Markets | Corporate Management Rex is a highly experienced corporate advisor and economist who has worked extensively in the Australian financial services and stockbroking industry, specialising in the natural resources se
Slide 5: Projects
PROJECTS For personal use only Au and 8 Projects High-impact Ni-Cu-PGE 3 Priority exploration focus Mulga Tank (Ni-Cu-PGE) • Major dunite intrusive and key portion of the under-explored Minigwal Greenstone Belt, significant evidence for a working Ni-Cu-PGE sulphide mineral system Jasper Hill (Au) •
Slide 6: First Months
FIRST 6 MONTHS For personal use only An active first 6 months for WMG… May June July August September October Lodged IPO IPO Offer ASX Listing Melita soil sampling Rock of Ages RC drilling Mulga Tank MLEM Prospectus Rock of Ages site visit Melita soil sampling Melita ground mag Melita soil sampling R
Slide 7: All Set for 2022
ALL SET FOR 2022 For personal use only Ongoing high-impact exploration program over next 6 to 12 months… Complete MLEM survey Define initial drill targets Methodical testing of Mulga Tank potential major Ni-Cu-PGE Diamond drill program system DHEM and follow up drilling Ground magnetic survey Quickl
Slide 8: Mulga Tank (Ni-Cu-PGE, Au)
MULGA TANK (Ni-Cu-PGE, Au) For personal use only WMG’s flagship project… • Under-explored Minigwal Greenstone Belt • WMG holds the key - entire Mulga Tank Dunite Intrusive • Northern part of belt held by Duketon Mining (ASX:DKM) • Mulga Tank Dunite covers approximately 29km2 - similar area to Kambal
Slide 9: Mulga Tank (Ni-Cu-PGE, Au)
MULGA TANK (Ni-Cu-PGE, Au) For personal use only Methodical approach to define robust drill targets… • Ground geophysical surveys to “unlock” this major Ni-Cu-PGE project • Recently completed high-resolution ground gravity survey giving complete 200m x 200m coverage over ~46km2 • High-powered, high-
Slide 10: Jasper Hill (Au)
JASPER HILL (Au) For personal use only Walk up drill targets along 3km mineralised trend… • Under-explored Merolia Greenstone Belt 90km southeast of Laverton • Shallow cover and area held by private operators has hindered exploration • Historical Lord Byron and Fish Gold Mines - trucked to Granny Sm
Slide 11: Melita (Au, Cu-Pb-Zn)
MELITA (Au, Cu-Pb-Zn) For personal use only In the heart of the Goldfields… • Norseman-Wiluna Greenstone Belt 20km from Leonora - primetime Goldfields • Active area with recent IPO’s of Mt Malcom Mines (ASX:M1M) and Iris Metals (ASX:IR1) • Neighbouring Genesis Minerals (ASX:GMD) Ulysses Gold Project
Slide 12: Melita (Au, Cu-Pb-Zn)
MELITA (Au, Cu-Pb-Zn) For personal use only ASX:WMG Western Mines Group AGM Presentation, November 2021 12
Slide 13: Rock of Ages (Au)
ROCK OF AGES (Au) For personal use only Maiden drilling program intersected high-grade gold… • Laverton Greenstone Belt - 4.5km south of Burtville Mining Centre (ASX:FML) • Extensive historical mine workings over 600m strike • Historical production 2,074oz @ 50g/t Au (1902-1911) • Maiden drilling pr
Slide 14: Pavarotti (Ni-Cu-PGE)
PAVAROTTI (Ni-Cu-PGE) For personal use only Numerous under-explored Ni-Cu-PGE gossans… • Ultramafic sequence at base of Koolyanobbing Greenstone Belt • Historically explored by BHP and WSA • 7.5km strike of target horizon across 2 tenements • Pavarotti and Jock’s Fury Ni-Cu-PGE gossans within WMG te
Slide 15: Other Projects
For personal use only WESTERN MINES GROUP OTHER PROJECTS @westernmines westernmines Western Mines Group ASX: WMG www.westernmines.com.au
Slide 16: Youanmi (Au)
YOUANMI (Au) For personal use only Looking for high-grade gold along Youanmi Shear… • Two tenements on the Youanmi Shear, within 7km of Youanmi Gold Mine • Targeting high-grade gold under shallow cover • Recent Grace (ASX:RXL) and Penny North (ASX:RMS) discoveries have reenergised the region - new t
Slide 17: Broken Hill Bore (Au)
BROKEN HILL BORE (Au) For personal use only Extension of high-grade workings … • Eastern Goldfields near Edjudina Gold Camp • Historical Broken Hill workings exercised from tenement (P31/2131) • Recorded production 291.5oz @ 26g/t Au (1902-04) • Mineralisation associated with quartz veining and brec
Slide 18: Pinyalling (Au)
PINYALLING (Au) For personal use only Greenfield opportunity between two mining centres… • Located between Paynes Find and Pinyalling Mining Centres • Large tenement covering conceptual extension of Warriedar Fold Belt and Yalgoo-Singleton Greenstone Belt • Very little historical exploration • Green
Slide 19: Contact
CONTACT For personal use only For further information please contact: Dr Caedmon Marriott Managing Director Western Mines Group Ltd Email: contact@westernmines.com.au Tel: +61 475 116 798 Follow us at: @westernmines westernmines Western Mines Group This announcement has been authorised for release t
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