Gibb River Diamonds Limited · ASX:GIB
Gibb River Diamonds — Shareholder Meeting (November 2024)
28 slides from Gibb River Diamonds's shareholder meeting presentation, Nov 20, 2024
Slide 1: GIB AGM 20 November 2024
Gold: Edjudina, WA Diamonds: Ellendale, WA Uranium: Namibia GIB AGM 20 November 2024
Slide 2: GIB is an ASX Listed, Multi-commodity Exploration and Development Company
GIB is an ASX Listed, Multi-commodity Exploration and Development Company ASX Code: GIB % of Major Shareholders Shares Total Shares on Issue 214,509,445 Capital Market Capitalisation Jim Richards 41,683,592 19.4 $7.7 M (undiluted at $0.036/share) Other Directors 9,273,888 4.3 $1.4 M Cash on Hand (30
Slide 3: Board of Directors & Management
Board of Directors & Management Mr. Jim Richards BSc Hons (Geology), Executive Chairman 33 years experience in mining and exploration Non-Executive Non-Executive Exploration Director & Company Director Manager Secretary Tom Reddicliffe Michael Denny Grant Mooney 3
Slide 4: Edjudina Gold Project – Neta Prospect JORC Resource
Edjudina Gold Project – GIB 100% Eastern Goldfields, Western Australia Neta Prospect JORC Resource See Competent Persons Statement at end of this presentation Resource Development Options Shallow (from surface), discrete resource with excellent metallurgy Grant of mining lease awaiting decision
Slide 5: Edjudina Project - Neta Gold Prospect
Edjudina Project - Neta Gold Prospect Drill Intersections Highlights 36m at 3.97g/t from 4m 18m at 3.10g/t from 28m 24m at 1.44g/t from surface 8m at 2.91g/t from 26m 14m at 1.20g/t from 1m 21m at 1.74g/t from 38m 1m at 35.0g/t from 7m Other Factors • High grade core at Carlsen • High grades from su
Slide 6: Neta Mine - Area of Proposed Open-pit Circa 1930
Edjudina Gold Project – GIB 100% Neta Mine - Area of Proposed Open-pit Circa 1930 6
Slide 7: Neta Mine - Area of Proposed Open-pit Present Day
Edjudina Gold Project – GIB 100% Neta Mine - Area of Proposed Open-pit Present Day 7
Slide 8: Edjudina - Neta Prospect: Carlsen Long Section
Edjudina - Neta Prospect: Carlsen Long Section GIB Discovery hole at Neta: 36m @ 4.0g/t from 4m 8
Slide 9: Edjudina Gold Project Neta Prospect
Edjudina Gold Project Neta Prospect Drilling at Neta Discovery Carlsen Lode: outcrop in artisanal workings 1m @ 5.95 g/t 9
Slide 10: Edjudina Gold Project – Historic Workings
Edjudina Gold Project – Historic Workings 13km strike of historic workings is highly prospective for further discoveries Edjudina Gold Project: some of the historic gold workings which extend for over 13km of strike Sample ER006, taken by GIB; sheared sericite-hematite- limonite-quartz vein; 12.7 g/
Slide 11: Edjudina Gold Project - Exploration Potential
Edjudina Gold Project - Exploration Potential • Excellent exploration potential with 13km of historical workings along strike from Neta • Multiple drill ready targets • Historic production figures for the Edjudina field is 39,476 ounces of gold at a grade of 41.0g/t, • Active haul road runs adjacent
Slide 12: Edjudina Gold Project – Targets
Edjudina Gold Project –Targets 1 Drill Targets Include: • Multiple parallel lines of nearly continuous historic gold workings over 13km • Geochemical anomalies on newly acquired Mining Lease M31/481 • Following-up on numerous GIB aircore drilling hits including: i. Ace of Hearts: 7m @ 2.53g/t from 9
Slide 13: Edjudina – Drill Targets 2
Edjudina –Drill Targets 2 Ace of Hearts Target: 7m @ 2.53g/t from 9m. Open along strike for 900 metres Gawler Prospect Main Shaft 13
Slide 14: Edjudina Gold Project – Lookahead
Edjudina Gold Project – Lookahead Future Work Grant of Neta Prospect mining lease (M31/495) awaiting decision by full Native Title holder meeting to be held mid December 2024 Upon grant of M31/495, GIB will finalise and lodge a mining proposal Mine shaft cage with WA Mines Department at Gawler S
Slide 15: Ellendale Diamond Project (GIB 100%)
Ellendale Diamond Project (GIB 100%) Kimberley, Western Australia 15
Slide 16: Ellendale Project
Ellendale Project 3 x Mining Leases over main historic wokings - Granted Heritage Survey Completed Ability to deliver unique branded Fancy Yellow diamonds Fancy Yellow component of the Main Lights Stockpile are very similar to the main E9 run of mine Simple permitting Next Steps: JORC Re
Slide 17: E9 JORC Resource – 5.2 million tonnes @ 1.26cpht
E9 JORC Resource – 5.2 million tonnes @ 1.26cpht. Yellow Diamonds in Lights Stockpile and Alluvials. 17
Slide 18: Ellendale 9 Lights Stockpile
Ellendale 9 Lights Stockpile. A New Source of Fancy Yellow Diamonds. Inferred Resource Tonnes Grade Carats Value US$/tonne million cpht* US$/carat Total 5.2 1.26 66,200 1,200 15.3 * Carats per hundred tonnes Lights Stockpile Bulk Sample Site LS2 Lights Stockpile Sample LS2 Diamonds 18
Slide 19: E9 Lights Stockpile - Crushed & Weathered Feed
E9 Lights Stockpile - Crushed & Weathered Feed Ready to Wash, Screen & Sort 19
Slide 20: Ellendale 9 West & East Channels. Extensions To Previous Mining
Ellendale 9 West & East Channels. Extensions To Previous Mining. Alluvial Diamond Valuations April 2023 Alluvial Channel Price per carat US$ E12 Alluvials 796 E9 East Alluvials 828 E9 West Alluvials 252 E9 East alluvial Diamonds. High proportion of large stones and Fancy Yellows 20
Slide 21: E9 West Alluvials
E9 West Alluvials Extensions To Previous Mining • Mining at the E9 West alluvial Channel was suspended when KDC went into administration in 2015. • Unmined areas of high grades remain: up to 41.6 carats per hundred cubic metres (cphm3) • Large area already pre-stripped (photo above) 21
Slide 22: Ellendale: Milestones To Diamond Production
Ellendale: Milestones To Diamond Production AIM: GIB proposes to find a strategic partner to assist GIB to mine the Ellendale Lights Resource/Ellendale Alluvials via a simple washing, screening and sorting plant Completed in 2024 On-ground Fauna & Flora Survey Three Ellendale mining leases grant
Slide 23: Namibian Uranium Projects – GIB 100%
Namibian Uranium Projects – GIB 100% Erongo & Kunene Regions ERONGO PROJECT Highly prospective for calcrete- palaeochannel hosted uranium deposits. Similar deposits close to GIB’s permits include the producing Langer Heinrich Mine (Paladin); the Tumas Deposit (Deep Yellow) and the adjacent Koppies
Slide 24: Namibia: Erongo Uranium Project – GIB 100%
Namibia: Erongo Uranium Project – GIB 100% 24
Slide 25: Namibia: Erongo Uranium Project – Koppies North Project
Namibia: Erongo Uranium Project – GIB 100% Koppies North Project 25
Slide 26: Canyon Target - Langer Heinrich analogue (under-cover)
Namibia: Erongo Uranium Project – GIB 100% Canyon Target - Langer Heinrich analogue (under-cover) Langer Heinrich mine Langer Heinrich Resource 26
Slide 27: Disclaimer
Disclaimer This presentation is an overview of the Company prepared with good intention. It is not a prospectus and offers no securities for subscription or sale in any jurisdiction, nor a securities recommendation. All information necessary for investment decisions is not contained herein and inves
Slide 28: Contact us for more on: Diamonds, Gold, Uranium
Contact us for more on: Diamonds – Ellendale, WA Gold – Edjudina, WA Uranium – Namibia Jim Richards Executive Chairman Gibb River Diamonds Limited Perth, WA T +61 8 9422 9500 E info@gibbriverdiamonds.com W gibbriverdiamonds.com ASX Code: GIB 28
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