Win Metals Ltd · ASX:WIN
Win Metals — Merger or Acquisition (September 2024)
21 slides from Win Metals's merger presentation, Sep 11, 2024
Slide 1: Acquisition of Strategic Gold Asset
For personal use only Acquisition of Strategic Gold Asset ASX: WIN WINMETALS.COM.AU SEPTEMBER 2024
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by WIN Metals Limited (“WIN” or the “Company”) to assist in informing interested parties about the Company. the course of evaluating any investment in the Company. To the maximum extent permitted by law, none of WIN Metals Limited o
Slide 3: Investment Highlights - Palm Springs Gold Project
Investment Highlights - Palm Springs Gold Project (to be renamed Butchers Creek Gold Project) For personal use only 01. 02. 03. 04. 05. High-grade Palm Springs Uniquely positioned, Heightened portfolio A$3m equity raising provides Attractive acquisition Gold Project acquisition advanced exploration
Slide 4: Acquisition – Transaction Terms
Acquisition – Transaction Terms • Acquisition of 100% of the Palm Springs Gold Project from Meteoric Resources NL (Meteoric) (Transaction) for consideration of: • A$1.0m upfront cash consideration upon Completion; For personal use only • Meteoric to be issued 70,000,000 ordinary shares (Share Consid
Slide 5: Butcher's Creek - Overview
Butcher's Creek - Overview For personal use only Butchers Creek Open Pit 2024 – Historic Production 52koz (1995-1997)3 WIN gold panning July 2024 field reconnaissance. Butchers Creek4 Palm Springs Tenement Package, Current MRE’s and Historic Production (Mindat.org)1 ASX: WIN 3 ASX Ann- 28 Aug 2024 “
Slide 6: Butchers Creek - Mineral Resource Overview
Butchers Creek - Mineral Resource Overview Mineral Resource Estimate For personal use only Deposit Lower Cut-off (g/t) Resource Classification Tonnes (Mt) Gold Grade (g/t) Contained Gold (oz) 0.8 Indicated 1.9 2.2 139,000 Butchers Creek 0.8 Inferred 3.3 1.7 180,000 Sub-total Ind + Inf 5.2 1.9 319,00
Slide 7: Butcher's Creek - Exploration Potential
Butcher’s Creek - Exploration Potential For personal use only Butcher Creek Deposit – 2024 drill target and potential 1.8km of prospective fold hinge to 1,000m vertical depth 1 ASX Ann - 11 Sept 2024 “Butchers Creek Gold Project MRE and Exploration Results – Amended”. ASX: WIN 7
Slide 8: Butchers Creek - Resource Overview
Butchers Creek - Resource Overview For personal use only Meteoric Resources Butchers Creek Section 11 November 2020 Presentation1 1 ASX Ann - 11 Sept 2024 “Butchers Creek Gold Project MRE and Exploration Results – Amended”. ASX: WIN 8
Slide 9: Golden Crown - Exploration Potential
Golden Crown - Exploration Potential Golden Crown – High Grade system For personal use only • Drilled to a maximum depth of 100m • Remains open down dip and along strike • GCP017 5m @ 70.5g/t1 • BGP121 5m @ 23.0g/t1 • BGP008 3m @ 14.7g/t1 • Potential open pit – Outcrops at surface Category Tonnes Gr
Slide 10: Faugh-a-Ballagh - Exploration Potential
Faugh-a-Ballagh - Exploration Potential Faugh-a-Ballagh – High Grade Gold System For personal use only – Potential Northern Extension of Golden Crown • Drilled to a maximum depth of 110m • Remains open down dip and along strike • 600m north of Golden Crown • GCD010 2.0m @ 200g/t1 • BGP045 6m @ 44.0g
Slide 11: Regional Exploration - Gold
Regional Exploration - Gold Regional Exploration is advanced with first pass targets identified at:- • Mt Bradley – MBRC016 testing IP anomaly returning 5m @ 19.7g/t from 9m1 For personal use only • Titan – Soil anomaly over syenite host (Butchers Creek deposit host) returning 0.5g/t - 1.25g/t 3 Tit
Slide 12: Regional Exploration - REE, Base Metals and Gold
Regional Exploration - REE, Base Metals and Gold Tenement Package situated in a well endowed metals For personal use only province • Hastings Technology Metals – Brockman REE Project • Meteoric Resources1 – Butchers Creek Gold Project • Meteoric Resources1 – Golden Crown Gold Project Surrounding Ten
Slide 13: Western Australia Nickel & Lithium Assets
For personal use only Western Australia Nickel & Lithium Assets ASX: WIN 13
Slide 14: 240km2 WIN Strategic Portfolio
240km2 WIN Strategic Portfolio For personal use only Mt Edwards Nickel Project (100%) • MRE: 13Mt @ 1.45% for 188,160 tonnes Ni4 • 12 separate nickel sulphide deposits, subject to a program of ongoing upgrades on Widgie infill drilling. • Proven Nickel Production History. Tenure hosts 4 historical m
Slide 15: Mt Edwards Nickel Project
Mt Edwards Nickel Project 12 Separate Nickel Deposits Positioned to Drive Value • Unique occurrence of 12 deposits on 15 km of prospective strike For personal use only • Strategically significant resource in a region of numerous small deposits with highly fragmented ownership • WIN has drilled 106,0
Slide 16: Mt Edwards Nickel Project - Scoping Study Key Outcomes
Mt Edwards Nickel Project Mt Edwards Nickel Project Scoping Study Key Outcomes For personal use only Free Cash Flow Total Net Revenue Total Capital Costs $402m $1.65bn $433m Unit Operating Costs (C1) Unit All in Sustaining Costs Pre-Production Capex $161.01/t $195.92/t $257m NPV IRR Production Life
Slide 17: Faraday-Trainline Lithium Project
Faraday-Trainline Lithium Project Faraday-Trainline Offers Development Optionality • Shovel ready - Mining approvals granted (located on Mining Lease For personal use only M15/102) • Flowsheet development testwork has achieved 81.0% lithium recovery to a 6.3% Li2O flotation concentrate7. Repeatabili
Slide 18: Transformational Acquisition of Strategic Gold Asset
Transformational Acquisition of Strategic Gold Asset For personal use only High-grade Palm Springs Gold Uniquely positioned, advanced Project acquisition transformational exploration asset located near existing for WIN shareholders processing infrastructure Attractive Palm Springs acquisition Height
Slide 19: Board & Management
Board & Management Andrew Parker Steve Norregaard For personal use only Non-Executive Chair Managing Director & CEO Andrew holds a Bachelor of Laws (LLB) degree from the Steve is an experienced resources industry executive, University of Western Australia and has significant company director, and mi
Slide 20: WIN Shareholder Register (31-Jul)
WIN Shareholder Register (31-Jul) Rank Name Units % Units 1 CITICORP NOMINEES PTY LIMITED 39,794,616 12.44 For personal use only 2 FARJOY PTY LTD 15,129,838 4.73 3 MR DAVID JOHN REED 13,875,397 4.34 4 MR KENNETH JOSEPH HALL <HALL PARK A/C> 7,813,873 2.44 5 BNP PARIBAS NOMS PTY LTD 6,124,827 1.91 6 M
Slide 21: For personal use only
For personal use only Level 4, 220 St Georges Tce, Perth, WA 6000 +61 8 63817250 info@winmetals.com.au ASX: WIN WINMETALS.COM.AU ASX: WIN WIDGIENICKEL.COM.AU 21