Golden Mile Resources Ltd. · ASX:G88
Golden Mile Resources — Investor Presentation (February 2021)
14 slides from Golden Mile Resources's investor presentation, Feb 23, 2021
Slide 1: Golden Mile Resources Limited Investor Presentation
For personal use only GOLDEN MILE RESOURCES LIMITED WA FOCUSED GOLD & BASE METALS EXPLORER Investor presentation February 2021 ASX: G88
Slide 2: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer This presentation contains summary information about Golden Mile Resources Limited (Golden Mile or the Company). The information in this presentation is of general background and does not purport to be complete. Forward looking statements For personal use only This
Slide 3: WA focussed gold & base metals explorer
WA focussed gold & base metals explorer Increasing shareholder return through exploration success For personal use only • Tight capital structure, cash to build momentum & leveraged to exploration success • >700km2 in WA Goldfields, proven mineralised belts and upcoming drill programs: o 3,000-5,000
Slide 4: Experienced team, leveraged to exploration success
Golden Mile Resources ASX:G88 Experienced team, leveraged to exploration success For personal use only ASX Symbol G88 Major Shareholders (15 February 2021) % Shares on Issue 123,018,328 Golden Venture Capital LLC 7.4 Choo Koon Lip 5.0 Share Price $0.05 (at 16 February 2021) Sancoast Pty Ltd 3.7 Mark
Slide 5: Leonora Gold Project
Leonora Gold Project Building momentum in renowned gold district For personal use only • Large landholding, drill programs to commence in coming weeks • Successful producers and developers in Wildcat the district • Multiple broad gold intersections at Benalla • High grade results at Monarch • Consol
Slide 6: Benalla (Au)
Benalla (Au) Building momentum For personal use only • Strong early results, drilling to recommence this month • Multiple broad intersections of gold mineralisation on targets BGT1-41: Ø BTAC026 12m at 1.03g/t Au from 40m incl. 4m at 2.52g/t Au Ø BTAC027 8m at 1.28g/t Au from 28m incl. 4m at 2.44g/t
Slide 7: Monarch (Au)
Monarch (Au) RC drilling planned on high grade zone at Wildcat For personal use only • Prospective N to NNW-trending mineralised structures along contact between greenstones and granite • Adjacent to KIN Mining’s Mertondale developments and NTM Gold’s Redcliffe Project • Numerous, coherent gold anom
Slide 8: Ironstone Well (Au)
Ironstone Well (Au) Consolidated package in historical mining camp For personal use only • Extensive mineralised structures, alluvial gold & underexplored prospects • Acquisition of PL37/8615 consolidates ~23km2 package • Historical production at “Pride of Leonora” 38 kg Au from 1,540t @ 24.6 g/t Au
Slide 9: Yuinmery Project (Au and base metals)
Yuinmery Project (Au and base metals) Soil sampling underway with drilling to follow For personal use only Ø Infill soils recommenced this week focussed on Elephant Reef and Ladies Patch prior to drill testing Ø Limited historical drilling, 326 shallow RAB holes (avg 20m) Ø Max Au 1.49 g/t Au in hol
Slide 10: Darlot Project (Au)
Darlot Project (Au) Strategic review For personal use only • Interpreted strike extensions of structures that control gold mineralisation at Darlot (ASX:RED) • Historical gold anomalism not systematically followed-up despite being adjacent to a major gold mine • Recently completed drilling at Centra
Slide 11: Quicksilver Nickel Project
Quicksilver Nickel Project Extracting further value For personal use only • Review of met test work to date (G88 consultant): Ø Existing extraction work “…is not in a feasible zone” Ø Beneficiation processes aimed at rejecting Si are numerous and have not been tested Quicksilver Ø Potential to physi
Slide 12: Summary
Golden Mile Resources ASX:G88 Summary For personal use only • Ramping up exploration drilling programs across the Leonora Gold Project (Benalla, Monarch & Ironstone Well) • Soil sampling underway and drilling planned for Yuinmery • Strategic reviews of Quicksilver Nickel and Darlot Projects • Review
Slide 13: Golden Mile Resources Limited Contact
For personal use only GOLDEN MILE RESOURCES LIMITED James Merrillees Managing Director Level 3, 1060 Hay St, West Perth, WA, 6005 +61 421 118 462
Slide 14: Quicksilver Nickel-Cobalt Project Resource Estimate
Quicksilver Nickel-Cobalt Project Resource Estimate For personal use only 26.3 Mt @ 0.64% Nickel & 0.04% Cobalt (cut-off grade >0.5% Ni or >0.05% Co) Tonnes Ni Co Ni Metal Co Metal Ni Domain Class Mt % % Tonnes Tonnes Indicated 4.1 0.75 0.047 30,600 1,900 High Ni Inferred 19.0 0.67 0.037 126,800 7,0
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