Great Boulder Resources Ltd · ASX:GBR
Great Boulder Resources — Investor Presentation (May 2024)
19 slides from Great Boulder Resources's investor presentation, May 7, 2024
Slide 1: Exploring World Class Gold & Base Metal Projects in Western Australia
For personal use only EXPLORING WORLD CLASS GOLD & BASE METAL PROJECTS IN WESTERN AUSTRALIA May 2024 | ASX:GBR
Slide 2: Important Information
IMPORTANT INFORMATION Purpose of presentation: This presentation has been prepared by Great Boulder Resources Limited (ACN 611 695 955) (GBR). It is intended for the sole purpose of providing high-level For personal use only background information on GBR, its projects and its proposed operations. Th
Slide 3: Great Boulder Resources: High quality Gold & Base Metal projects
GREAT BOULDER RESOURCES High quality Gold & Base Metal projects in Western Australia Gold Zinc/Lead For personal use only Side Well, Meekatharra Wellington, Earaheedy Basin A large-scale, high-grade Along strike from Rumble intrusive-related gold system Resources’ discovery 668koz high-grade JORC 60
Slide 4: Board & Management
BOARD & MANAGEMENT High calibre team with a proven track record of significant discoveries For personal use only Greg Hall Andrew Paterson Melanie Leighton Karen O’Neill Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director - Geologist - Geologist - Geologist - Comme
Slide 5: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE SHARE PRICE PERFORMANCE MAJOR SHAREHOLDERS For personal use only 600 $36.0M 0.1 Volume Close 16 SHARES ON ISSUE MARKET CAP ASX: GBR At $0.060/sh 0.09 14 0.08 ~$4M Nil 0.07 12 CASH DEBT As at 31 Mar 24 10 Volume (Millions) Share Price ($A) 0.06 0.05 8 ~$1.0M 74.7M
Slide 6: Meekatharra Gold Hub
MEEKATHARRA GOLD HUB Defining a new gold camp at Side Well ▪ High-value ounces close to existing milling infrastructure For personal use only - Less than 25km from Westgold’s Bluebird mill (1.6Mtpa) ▪ 668koz high-grade Mineral Resource defined in 3yrs ▪ Unlocking a large-scale hydrothermal gold camp
Slide 7: Defining a new gold camp at Side Well
SIDE WELL Defining a new gold camp at Side Well A large-scale intrusive-related gold system For personal use only ▪ Mulga Bill – a new style of mineralisation for the Meekatharra goldfield ▪ 6km Mulga Bill corridor of gold and pathfinder anomalism (Mulga Bill 568koz resource represents 1.1km drilled
Slide 8: Mineral Resource Estimate Updated – November 2023
SIDE WELL Mineral Resource Estimate Updated – November 2023 Mineral Resource Estimate incorporating all drilling to Sept 2023 For personal use only INDICATED INFERRED TOTAL Tonnes Au Tonnes Au Tonnes Au Deposit Ounces Ounces Ounces (kt) (g/t) (kt) (g/t) (kt) (g/t) Mulga Bill 2,399 3.3 252,000 4,112
Slide 9: Mulga Bill
SIDE WELL Mulga Bill ▪ MRE 568,000oz @ 2.7g/t Au* For personal use only ▪ Drilling has returned consistent high-grade results: – 6m @ 589.44/t Au from 114m – 14m @ 36.12g/t Au from 91m – 15m @ 35.82g/t Au from 88m – 8m @ 54.60g/t Au from 120m – 6m @ 39.15g/t Au from 101m – 5.9m @ 39.37g/t Au from 84
Slide 10: Mulga Bill
SIDE WELL Mulga Bill ▪ Mineralisation occurs in subvertical, north-south lodes and For personal use only west-dipping high-grade veins ▪ Intersection lineation between these two sets of structures plunges to the north GREATBOULDER.COM.AU 10
Slide 11: Ironbark discovery
SIDE WELL Ironbark discovery Ironbark: Near-surface, High Grade Mineralisation For personal use only ▪ MRE 100,000oz @ 3.3g/t Au ▪ Conventional exploration – little to no alluvial cover in this area ▪ Orogenic gold system ▪ Broad zones of shallow gold mineralisation over a 500m strike ▪ 5m @ 51.65g/
Slide 12: Ironbark: Mining Lease application in progress
SIDE WELL Ironbark Ironbark: Mining Lease application in progress For personal use only ▪ Mining Lease lodged over Ironbark in June 2023 ▪ No ore reserve calculations or feasibility studies have been completed at this stage ▪ There is potential for Ironbark to provide early cashflow while the Compan
Slide 13: Ironbark Corridor – multiple targets identified
ASX:GBR SIDE WELL Ironbark South Ironbark Corridor – multiple targets identified For personal use only ▪ Using auger data to target new discoveries based on experience gained at Mulga Bill and Ironbark ▪ Two unique pathfinder associations: ▪ Ironbark-style Au with As and Sb ▪ Mulga Bill-style Au wit
Slide 14: Growth Targets: Ironbark Corridor
SIDE WELL Growth Targets Ironbark Corridor – multiple targets identified For personal use only ▪ Heat maps of Ironbark-style (left) and Mulga Bill-style (right) pathfinder anomalism generated from auger sampling ▪ This highlights several areas with a larger and stronger geochemical response than the
Slide 15: First drill program: high-grade hits at Saltbush
SIDE WELL Growth Targets Ironbark Corridor – multiple targets identified For personal use only ▪ First drill program: high-grade hits at Saltbush ▪ Same geology and alteration as Ironbark within a +2km Au-As anomaly GREATBOULDER.COM.AU 15
Slide 16: Other Gold Projects: Polelle & Wanganui
OTHER GOLD PROJECTS Polelle & Wanganui (Option to acquire 75%) Highly prospective geology adjacent to infrastructure For personal use only ▪ A similar stratigraphic position to Side Well ▪ Previous geochemistry and heritage work presents immediate drill targets ▪ 12km south of Meekatharra & 8km east
Slide 17: Polelle Project
POLELLE PROJECT (Option to acquire 75%) Surface geochemistry For personal use only highlights drill targets ▪ Applying GBR’s Side Well targeting techniques to Polelle has highlighted several priority targets for drill testing ▪ “Mulga Bill” assemblage (Au-Ag-Bi- Cu-Mo-W) ▪ “Ironbark” assemblage (Au-
Slide 18: Why Invest in GBR?
WHY INVEST IN GBR? For personal use only Side Well is a “Unicorn” project: • Large intrusive-related gold system • High grade • <25km from the nearest mill Technically focused exploration team with a strong track record of discovery Undertaking smart, innovative & systematic exploration Ongoing dril
Slide 19: Thank You
For personal use only Thank You Contact us: (08) 9321 6037 L1, 51 Colin St West Perth WA 6005 GREATBOULDER.COM.AU admin@greatboulder.com.au
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