Norwest Minerals Ltd. · ASX:NWM

Norwest Minerals — Investor Presentation (September 2020)

16 slides from Norwest Minerals's investor presentation, Sep 25, 2020

  1. Slide 1: Marymia East Gold District

    Marymia East Gold District For personal use only ‘Opportunity for substantial new gold discoveries in Western Australia’ Investor Presentation September 2020

  2. Slide 2: Disclaimer

    DISCLAIMER For personal use only 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

  3. Slide 3: Company Overview

    COMPANY OVERVIEW For personal use only NORWEST MINERALS LIMITED Aggressively exploring the Marymia East Gold Project in WA CORPORATE SNAPSHOT POST CAPITAL RAISING ASX Code NWM Arunta West Bali Shares on issue1 108.8 million Marymia East Options on issue2 34.8 million Marriotts Ninghan Market capital

  4. Slide 4: Highlights - Marymia East Project

    For personal use only HIGHLIGHTS - MARYMIA EAST PROJECT • The Bulgera (100%) and Marymia (80%) tenements form Norwest’s Marymia East Project (‘MEP’) • MEP is located 200kms north of Meekatharra in a +6.5moz gold district (Vango) • MEP is a 266km² package with gold resources and numerous walk-up gold

  5. Slide 5: Marymia East Tenements – Gold Targets

    For personal use only E52/3316 Bulgera Area MARYMIA EAST TENEMENTS – GOLD TARGETS E52/3276 Bulgera Area • 2.9Mt @ 1.0g/t for 93,880 ozs gold (70% Indicated) above 100 vertical metres Marymia Area • Minimal drilling below 100 metres • Excellent gold increase potential by drilling below historic shall

  6. Slide 6: Bulgera Gold Targets

    For personal use only BULGERA GOLD TARGETS • The Bulgera gold trend is the extension of the Plutonic (+5.5moz) & Vango (+1moz) mafic-ultramafic mine sequence (‘MS’) • Drilling shows gold tenor increases with depth along the MS • Vango’s drill results show highest gold grades located below 100 metres

  7. Slide 7: Vango's Mine Sequence – New Gold Prospects Along Granite Contact

    For personal use only VANGO’S MINE SEQUENCE – NEW GOLD PROSPECTS ALONG GRANITE CONTACT⁹ Newer Vango gold deposit discovered proximal to the granite contact Mareast Marwest TRIDENT Cinnamon TRIPLE P Wedgetail Albatross Exocet 9. ASX: VAN – Announcement 11 June 2020 ‘Investor Presentation’ 7

  8. Slide 8: Bulgera Mining Centre – Oct 2020 Drill Plan

    BULGERA MINING CENTRE – OCT 2020 DRILL PLAN For personal use only Drill Planning • 20 x 250m RC holes for 5,000m to test gold mineralization between 100 to 200 metres • Granite contact approximately 200m northwest of Bulgera pit will be tested by aircore and RC drilling • Several of the 250m holes t

  9. Slide 9: Bulgera Exploration Drilling

    For personal use only BULGERA EXPLORATION DRILLING RC drilling Dec 2019 - 46 holes for 5,860m BULGERA RC Gold Intercepts Dec 2019 MERCURI RC Gold Intercepts Dec 2019 3m @ 10.5 g/t from 84m BRC19041 3m @ 4.3 g/t from 67m BRC19014 • Mercuri and Bulgera pit areas only 4m @ 2.1 g/t from 71m BRC19042 4m

  10. Slide 10: New Gold Discovery Potential – The Bulgera MS-Granite Contact

    For personal use only NEW GOLD DISCOVERY POTENTIAL – THE BULGERA MS-GRANITE CONTACT • Potential for significant new gold discoveries along 2-kilometre Bulgera MS*-granite contact • No drill testing along Bulgera MS-granite contact to Granite date • Drilling along Vango MS-granite contact very succes

  11. Slide 11: Neds Creek Gold Prospect

    NEDS CREEK GOLD PROSPECT For personal use only NORWEST LODESTAR Ned’s Creek Contessa NORWEST Gidgee Flat • Lodestar’s Ned’s Creek gold prospect (Vango spending $5m over 3yrs to earn 51%) Further information regarding the Ned’s Creek prospect including • Ned’s Creek gold mineralisation focused along

  12. Slide 12: Investment Summary

    INVESTMENT SUMMARY For personal use only Norwest Minerals is a rising gold explorer with a <$10m market cap & just 83.8m shares on issue Norwest’s Marymia East Project (MEP) is located in an established +6.5moz WA gold district The Bulgera tenements include a near-surface gold resource of 2.9Mt @ 1.

  13. Slide 13: Board & Management

    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 BOARD & CHIEF EXECUTIVE senior advisory and project management experience in all face

  14. Slide 14: 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

  15. Slide 15: Appendix I – Presentation References

    For personal use only APPENDIX I PRESENTATION REFERENCES FROM SLIDE 4 1 – Superior Gold Inc., Website www.superior-gold.com & Resolute Ltd Marymia production 2 – ASX:VAN – Announcement 20 May 2020, ‘Marymia Mineral Resource Increases to One Million Ounces’ 3 – ASX:NWM – Announcement 8 Apr 2020, ‘Bul

  16. Slide 16: Appendix II – Bulgera Gold Resource

    APPENDIX II For personal use only BULGERA GOLD RESOURCE The Bulgera Gold Resource has 43% increase following – Maiden RC drilling programme BULGERA 2004 RESOURCE MODELS • Shallow ore last mined 2004 to feed Plutonic gold plant GRADE-SHELLS >0.5g/t gold Bulgera – depth 48m • New gold resource increas

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