Gwr Group Limited · ASX:GWR
Gwr — Golden West Resources — Shareholder Meeting (November 2010)
15 slides from Gwr's shareholder meeting presentation, Nov 25, 2010
Slide 1: 2010 Annual General Meeting
NEWS RELEASE 25 November 2010 PRESENTATION 2010 ANNUAL GENERAL MEETING Please find attached the presentation to be made by Chairman, Mr David Sanders, at the Company’s Annual General Meeting today. - ENDS - Please direct enquiries to: Richard Taylor Riley Mathewson Public Relations Tel: +61 (0)8 938
Slide 2: Annual General Meeting
Annual General Meeting Hyatt Centre Perth 2010 Golden West Resources Limited (ASX:GWR)
Slide 3: Disclaimer - Forward-Looking Statements
DISCLAIMER - FORWARD-LOOKING STATEMENTS This presentation has been prepared by and issued by Golden West Resources Ltd (“GWR” or “The Company”) to assist it in informing interested parties about the Company. It should not be considered an invitation or offer to subscribe for or purchase any securiti
Slide 4: Company Overview
Company Overview Issued Securities David Sanders (Non Executive Chairman) Gary Lyons (Non-Executive Director) Ordinary Shares (GWR) 165M 15 years experience 20 years experience in corporate and & MD, Heiniger Groups Issued Options 28M resources law Aust. Ops, Chairman Stallion Stations, Director Bio
Slide 5: Project Overview
Project Overview Project Inventory Project located 40kms west of Wiluna. Tenement holding of 300km². DSO Iron Mineral Resource of 148Mt @ 59% Fe (second largest hematite deposit in Midwest region). Gold Mineral Resource of 3.48Mt @ 2.3g/t for 258,200 Oz.
Slide 6: Operational Achievements 2010
Operational Achievements 2010 Expanded our Asset Base Iron Ore Resource increased to 148Mt @ 59.1% Fe Gold Resource increased to 3.5Mt @ 2.3g/t Au Progressed the development of our Iron Ore Project JWD Mining Proposal submitted to the DMP for approval Mining Agreement signed with the Tar
Slide 7: Corporate Achievements 2010
Corporate Achievements 2010 Improved our funding levels Successful capital raising of $17.2M Strengthened our Board of Directors Gary Lyons and Law Tien Seng appointed as Non Executive Directors Developed strategic relationships within our region Cooperation Agreement executed with Sinos
Slide 8: Iron Ore – Resource outline
Iron Ore – Resource outline Wiluna West Mineral Resource Update February 2010 (50% Fe cut-off) Classification Tonnes Fe % SIO2 % Al2O3 % P % LOI % Measured 1.2 61.9 6.5 2.9 0.04 1.7 Indicated 49.2 60.5 7.2 2.6 0.05 3.3 Inferred 97.3 58.4 8.9 2.8 0.06 4.1 Total 147.7 59.1 8.3 2.7 0.06 3.8
Slide 9: Infrastructure – critical to success
Infrastructure – critical to success Port of Esperance has been identified as most suitable to receive short term production volumes ESPL have announced an initial 10mt pa expansion upgrade of the Port facilities GWR has been granted an allocation of 3mt pa under a Facility Access Deed All s
Slide 10: Aureus - Gold Resource
Aureus - Gold Resource Core Elements Resource upgrade yielded a 230% increase to a combined gold Resource of 3.48Mt @ 2.3g/t for 258,200oz. Gold Resources shallow in depth (largely defined to within 50m of surface). Significant potential for new discoveries upon the regional Joyners Find and B
Slide 11: Aureus - Gold Resources
Aureus - Gold Resources Prospect Resource Shear Tonnage Grade Ounces Type g/t Au Au Golden Monarch Indicated JSZ 46,000 3.54 5,200 Inferred 685,000 2.31 50,900 Eagle Inferred JSZ 489,000 2.40 37,800 Iron Hawk Inferred JSZ 138,000 1.53 6,800 Iron King Inferred JSZ 481,000 2.30 35,600 Goldfinch Inferr
Slide 12: GWR - Community
GWR - Community Achievements Mining Agreement signed with the Tarlpa Native Title Claimants on the 28th July 2010. 50% of the field employees at Wiluna West sourced locally. Active and proud participant in the Wiluna RPA. Scholarships provided to the youth of the Wiluna Community via the Clo
Slide 13: 2011 Key Project Milestones
2011 Key Project Milestones Milestone Target Date Status JWD Mining Approval Dec 2010 Application lodged 75 Mt Reserve Mar 2011 Advanced Aureus Gold Spin Off Apr 2011 Underway Mining Approval Application 10Mt pa June 2011 Underway
Slide 14: Competent Person’s Statement
Competent Person’s Statement Competent Person’s Statement The information in this release which relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Brian Varndell, who is a corporate member of the Australasian Institute of Mining & Metallurgy (“Au
Slide 15: Thank You
Thank You
Golden West Resources — Shareholder Meeting (November 2010) on 6ix