Nagambie Resources Limited · ASX:NAG
Nagambie Resources — Shareholder Meeting (November 2020)
15 slides from Nagambie Resources's shareholder meeting presentation, Nov 30, 2020
Slide 1: Annual General Meeting CEO Presentation
Annual General Meeting CEO Presentation 30 November 2020
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement STATEMENT AS TO COMPETENCY The Exploration Results in this report have been compiled by Adam Jones who is a Member of the Australian Institute of Geoscientists (MAIG). Adam Jones has sufficient experience which is relevant to the style of mineralisation and
Slide 3: Strategy overview
Strategy overview Shareholder Value Non – Gold Assets Develop and realise value Gold exploration Grow and maximise value through cost effective exploration and development Produce Nagambie Mine site Gold Develop as a regional centre for gold production 30 November 2020 Annual General Meeting - CEO p
Slide 4: Strategic partnership with Mawson Gold
Strategic partnership with Mawson Gold March 2020 - Cornerstone investment in Nagambie Resources by Mawson Gold Component of Partnership Benefits for Nagambie Resources 10% investment in NRL (50M shares) and first • 31.6% premium on share price right of refusal over NRL’s exploration • 8.5M shares i
Slide 5: Strategic partnership with Mawson Gold: Mawson exploration at Redcastle
Strategic partnership with Mawson Gold Mawson exploration at Redcastle Mawson commenced field work at Redcastle in the June 2020 quarter and commenced extensive geophysical surveys and diamond drilling during the September quarter. The surveys carried out include aerial LiDAR (Light Detection and Ra
Slide 6: Strategic partnership with Mawson Gold: Whroo JV agreement
Strategic partnership with Mawson Gold September 2020 – Whroo JV agreement Component of Partnership Benefits for Nagambie Resources Expanded JV approval cash $100,000 to NRL on approval, $250,000 in total. Earn in expenditure on Whroo • $400,000 expenditure in the first year for no interest JV prope
Slide 7: Strategic partnership with Mawson Gold
Strategic partnership with Mawson Gold 30 November 2020 Annual General Meeting - CEO presentation 7
Slide 8: Waranga Geological Model
Waranga Geological Model 30 November 2020 Annual General Meeting - CEO presentation 8
Slide 9: Exploration at Wandean
Exploration at Wandean • WTD002 was completed early in the year • Designed to intersect strong IP chargeability anomaly 300m depth • Lithogeochemical results indicated hydrothermal alteration of the sediments beneath the surface gold only • Carbonaceous material possibly explains the deeper IP anoma
Slide 10: Exploration near Nagambie Mine
Exploration near Nagambie Mine • IP surveys were carried out in January and March 2020 • The surveys picked up two strong IP chargeability anomalies which straddle the Racecourse Thrust and the Nagambie Mine Thrust respectively near their intersection with the Wandean Crustal Fault • Diamond holes R
Slide 11: Exploration
Exploration • Planned drilling of NAD004 and DTH IP survey in early 2021 • Supported by previous DTH IP anomaly (NND002) and strong soils anomaly 30 November 2020 Annual General Meeting - CEO presentation 11
Slide 12: PASS Project
PASS Project • Nagambie Resources has an EPA-approved Environment Management Plan to store PASS in the legacy water-filled pits at the Nagambie Mine as part of the proposed rehabilitation of those pits; • Capacity of the pits is around 5.0 million tonnes; • NRL provided pricing to take PASS for the
Slide 13: Recovery of gold from historic heap leach pad
Recovery of gold from historic heap leach pad • NRL is investigating how it could recover residual gold from the heap using naturally-occurring bacteria • Work is on-going to establish which laboratories are best equipped to carry out the test work at an acceptable cost. • Based on historic data, he
Slide 14: Proposed mine site economic development plan
Proposed mine site economic development plan • NRL is also looking to drive economic development activities at the Nagambie Mine site • Over the last 12 months we have met with stakeholders regarding: • Further development of the extractive industry resources; • Establishment of a solar power plant
Slide 15: www.nagambieresources.com.au
www.nagambieresources.com.au James Earle – Chief Executive Officer james@nagambieresources.com.au 0481 462 642 30 November 2020 Annual General Meeting - CEO presentation 15
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