Great Northern Minerals Limited · ASX:GNM
Great Northern Minerals — Investor Presentation (May 2020)
24 slides from Great Northern Minerals's investor presentation, May 12, 2020
Slide 1: GNM Investor Presentation and Corporate Video
ASX ANNOUNCMENT 12 May 2020 GNM Investor Presentation and Corporate Video Great Northern Minerals Limited (“Great Northern Minerals” or the “Company”) (ASX: GNM) is pleased to provide its updated Investor Presentation to the previously released Investor Presentation from 11 February 2020. In additio
Slide 2: A golden opportunity
“A golden opportunity” North Queensland Gold Projects 1 GNM General Meeting - May 2020
Slide 3: GNM Corporate Video (please click here)
GNM Corporate Video (please click here) 2
Slide 4: Disclaimer
Disclaimer Preparation Disclaimer This Presentation has been prepared to provide prospective investors in Great Northern The Company and its respective shareholders, directors, partners, employees, officers, agents, Minerals Limited, ACN 000 002 111, (“The Company” or “Great Northern Minerals”), wit
Slide 5: Corporate Snapshot
Corporate Snapshot Gold Portfolio Board of Directors Chairman – Kim Robinson Managing Director – Cameron McLean Technical Director – Simon Coxhell Non Executive Director - Simon Peters Company Secretary – Aida Tabakovic Shareholders Shares on Issue 720,087,117* Options on Issue 361,276,751* Market C
Slide 6: Investment Highlights
Investment Highlights Gold Resources - Golden Ant Project § Highly active explorer in a goldfield with multi-million Project Tonnes Grade (g/t Au) Ounces (Gold) ounce potential (tenure covers 695 km2). Golden Cup 256,504 3.6 29,721 § Maiden gold resource of 30,000 ounces estimated at Big Rush 558,32
Slide 7: A Re-discovered Under-explored Goldfield
A Re-discovered Under-explored Goldfield Historic recorded gold production data – Golden Ant Project. § In 2019 the goldfield was secured: Ø Camel Creek, Golden Cup & Big Rush Mines purchased Ø Exploration permit applications made & Historic Mine Ore Mined (tonnes) Grade (g/t Au) Ounces Produced Ø J
Slide 8: Broken River Province Geology and Orogenic-style Gold Deposits
Broken River Province Geology and Orogenic-style Gold Deposits (from: I. M. A. VOS, F. P. BIERLEIN and G. S. TEALE, 2005) Camel Creek and Golden Cup deposits lie within the Amanda Bell Goldfield. Gold mineralisation hosted by sequence of highly deformed interbedded sandstone and variably carbonaceou
Slide 9: Tenure Position
TENURE POSITION Golden Cup & Camel Creek Projects Big Rush Project 8 (325 square kilometres) (300 square kilometres)
Slide 10: Golden Cup
GOLDEN CUP § RC Drilling in December 2019 returned high grade gold intercepts including: Ø 7m @ 7.49 g/t Au from 32m (GCRC074) & Ø 9m @ 4.72 g/t Au from 42m (GCRC078). § Maiden JORC-compliant gold resource of 30,000 ounces announced in December 2019 (256,504 tonnes @ 3.60 g/t Au). § Historically hea
Slide 11: Golden Cup: Site Plan and Longitudinal Section Lode 1
GOLDEN CUP: Site Plan and Longitudinal Section Lode 1 Golden Cup Plan View Golden Cup Long Section View of Lode 1 10
Slide 12: Golden Cup: Cross Sections
GOLDEN CUP: Cross Sections 11
Slide 13: Big Rush
BIG RUSH § RC Drilling in December 2019 returned high grade gold intercepts beneath the Central Pit including: Ø 28m @ 2.51 g/t Au from 83m (BRRC1007) & Ø 24m @ 3.99 g/t Au from 73m (BRRC1009). § Maiden gold resource of 47,000 ounces announced in February 2020 (558,322 tonnes @ 2.62 g/t Au). § The l
Slide 14: Big Rush
BIG RUSH 2019 Drilling: – looking SW towards South Pit North Pit looking NE – steep S-plunging chevron fold in western wall 13
Slide 15: Big Rush
BIG RUSH Big Rush impoundment dam & heap leach Big Rush Open Pit 14
Slide 16: Big Rush
BIG RUSH Big Rush Plan View Big Rush Long Section View of Central Lode 15
Slide 17: Big Rush: Central Pit Drill Sections
BIG RUSH: Central Pit Drill Sections 16
Slide 18: Camel Creek
CAMEL CREEK § Over 1Mt @ 1.7g/t Au processed via heap leaching to produce 57,000 ounces. Ore extracted was oxide and was not crushed prior to being placed on the heap leach pads. § Camel Creek is the largest gold system controlled by GNM and consists of 4km of continuous workings, comprising about 3
Slide 19: Camel Creek
CAMEL CREEK Camel Creek Plan View Camel Creek Cross Section 18
Slide 20: Camel Creek: Gold developing after aurostibite and enclosing quartz gangue
Camel Creek: Gold developing after aurostibite and enclosing quartz gangue (From: G.S. Teale1, I.M.A. Vos2, F.P. Bierlein) 19
Slide 21: Fosterville Comparison
Fosterville Comparison - Compelling • Similar age host rocks and comparable periods of deformation and metamorphism • Comparable mineralogy: Gold mineralisation at Big Rush, Golden Cup and Camel Creek is closely associated with arsenopyrite, pyrite and stibnite (antimony sulphide) sulphide mineralog
Slide 22: Conclusion
Conclusion 2019 – Implementing the vision 2020 – Executing the strategy § Divested all non-core projects § Released maiden JORC resource of 47,000 ounces at Big Rush. § Signed Heads of Agreement for 3 previously mined gold projects § Investigating potential for toll treating § Rebranded to Great Nor
Slide 23: Valuations
Valuations Advanced Australian gold exploration/developer valuations - Enterprise Value per Resource ounce ($A,000) 160 140 120 100 80 60 40 20 0 Bellevue Capricorn EganStreet Echo Bligh Genesis Kin Mining Bardoc Gold Great Gold Metals Resources Resources Resources Minerals Northern Minerals 22
Slide 24: For more information please contact
For more information please contact: Managing Director Investor Relations Cameron McLean Peter Taylor, NWR Communications +61(0)8 6214 0148 +61 412 036 231 23
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