Norwest Minerals Ltd. · ASX:NWM
Norwest Minerals — IMARC 2019
19 slides from Norwest Minerals's conference presentation, Oct 29, 2019
Slide 1: IMARC Presentation October 2019
For personal use only IMARC PRESENTATION October 2019 Norwest Minerals is a new copper-gold resource company aggressively exploring the Bulgera Gold and North Dovers IOCG projects both located in Western Australia.
Slide 2: Disclaimer
For personal use only DISCLAIMER This presentation has been prepared by Norwest Minerals Limited (Norwest or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be
Slide 3: Norwest Minerals Limited Overview
COMPANY NORWEST MINERALS LIMITED OVERVIEW For personal use only LISTED ON THE ASX 29 NOVEMBER 2018 Our focus is gold & base metal exploration in Western Australia CORPORATE SNAPSHOT ASX Code NWM Bali Shares on Issue 83.84 million Marymia Marriotts Market capitalisation (at $0.17per share) $14.3 mill
Slide 4: The Bulgera Project - A Historic Gold Mine
THE BULGERA PROJECT - A HISTORIC GOLD MINE INVESTMENT HIGHLIGHTS WITH EXCELLENT POTENTIAL FOR A LARGE RESOURCE UPGRADE AS WELL AS NEAR TERM MINING For personal use only LOCATION The Bulgera Gold Project is 200kms north of Meekatharra near the Plutonic Gold operation and next door to the Marymia Gold
Slide 5: The Arunta West Project - A Large Unexplored IOCG Anomaly
T H E A R U N TA W E S T P R O J E C T – A L A R G E INVESTMENT HIGHLIGHTS U N E X P L O R E D I O C G A N O M A LY I N T H E E X C I T I N G M I N E R A L R I C H A R U N TA B E LT LOCATION For personal use only In Western Australia, 600kms west of Alice Springs near the WA/NT boarder. Project area
Slide 6: Bulgera Gold Project
For personal use only BULGERA GOLD PROJECT HISTORIC GOLD MINE HAVING EXCELLENT POTENTIAL FOR SIGNIFICANT RESOURCE INCREASE • Recent 100% acquisition of the Bulgera Gold project located in the ~5Moz Plutonic Well Greenstone Belt of WA. • Historical near-surface open-cut mining of 441kt @ 1.65g/t gold
Slide 7: Bulgera Gold Project - Vango Drilling in the Marymia Mine Sequence
BULGERA GOLD PROJECT For personal use only VANGO DRILLING IN THE MARYMIA MINE SEQUENCE HIGH-GRADE GOLD INTERCEPTS BELOW 100 METRES • Bulgera is the offset extension of Marymia mine sequence¹ • Bulgera gold mineralisation is open below 50 metres • Norwest to start 8,700m RC drilling of targets below
Slide 8: Bulgera Gold Project - Resources Extension and Exploration
BULGERA GOLD PROJECT For personal use only RESOURCES EXTENSION AND EXPLORATION DRILLING TO COMMENCE EARLY NOVEMBER • RC drilling designed to extend the multiple gold lodes beyond the modelled resource limits – 107 holes for 8,722 metres. Commence early November • AC drilling designed to test below t
Slide 9: Arunta West Location
ARUNTA WEST LOCATION For personal use only Arunta West ARUNTA WEST: BACKGROUND • The 1700km² Arunta West project is located approximately 600 kilometres west of Alice Springs in Western Australia and is strategically located along strike of Independence Group’s (ASX: IGO) large Lake MacKay project h
Slide 10: Arunta West Project - North Dovers
For personal use only ARUNTA WEST PROJECT North Dover HIGHLY PROSPECTIVE – NORTH DOVERS RC drill plan • North Dovers is a BHP-identified IOCG target located in the Arunta region of Western Australia. New strategic tenement • North Dovers is a large coincident magnetic-gravity anomaly with key geolog
Slide 11: RC Drilling - North Dovers Anomaly
For personal use only RC DRILLING – NORTH DOVERS ANOMALY THE NORTH DOVERS ANOMALY COVERS ~32 SQUARE KMS 80 hole, 12,000m RC drill programme to extensively test IOCG target near completion. NORWEST NORTH DOVERS IOCG TARGET IOCG TARGET PRIMER IOCG resources are typically very large and exist within co
Slide 12: Arunta Belt - Massive Exploration Potential
For personal use only ARUNTA BELT - MASSIVE EXPLORATION POTENTIAL Aggressive accumulation of tenements along the Arunta belt by the Independence Group (IGO): Diamond Drill holes Mantati • IGO have recently increased their ground position from 13,000km² to over 19,000km². 3 JV tenements (earning 80%)
Slide 13: Arunta Belt - Recent Gold Hit
For personal use only ARUNTA BELT – RECENT GOLD HIT Soils and RC drilling by IGO discovers Arcee prospect NEW ARCEE GOLD PROSPECT • 16 October IGO/PRX JV announce new Arcee gold prospect² • 800m long gold in soil anomaly and open to the west • RC drill intercepts up to 12m @ 3.5g/t gold, drilling co
Slide 14: Investment Summary
INVESTMENT SUMMARY For personal use only Bulgera is an advanced gold project located in an established +5moz WA mining district. No fieldwork since completion of shallow mining in 2004 Norwest defined a JORC 2012 compliant near-surface resource of 65,500 gold ounces from the historical Bulgera drill
Slide 15: Board
CHAIRMAN Michael Tilley Michael Tilley is the Chairman and a founding director of Terrain Capital Limited. He has worked in the accounting and finance industries for more than 40 years and he has a broad range of senior CHIEF EXECUTIVE advisory and project management experience in all facets of corp
Slide 16: Contact
For personal use only Contact https://www.norwestminerals.com.au Norwest Minerals Charles Schaus Suite 1a, First Floor charles@norwestminerals.com.au 7 Ventnor Ave West Perth WA Australia, 6005 Tel: +61 8 6166 5814 Mob: +61 (0) 417 944 295 Follow us on @MineralsNorwest @norwestminerals Norwest Miner
Slide 17: Appendix
For personal use only APPENDIX
Slide 18: Bulgera Gold Project - Resource Has Significant Potential for Increase
BULGERA GOLD PROJECT For personal use only The Bulgera Gold Resource has significant potential for increase – RC drilling commences Nov 2019 • Shallow ore last mined 2004 to feed Plutonic mill (still operating) • New gold resource of 2Mt @ 1g/t for 65.500 ozs estimated from BULGERA 2004 RESOURCE MOD
Slide 19: It's a Great Time to Own a Gold Mine
BULGERA GOLD PROJECT For personal use only IT’S A GREAT TIME TO OWN A GOLD MINE Price – depth 50m (not shown) 2