Gateway Mining Limited · ASX:GML
Gateway Mining — Shareholder Meeting (November 2021)
24 slides from Gateway Mining's shareholder meeting presentation, Nov 30, 2021
Slide 1: A clear pathway to resource growth and discovery success
For personal use only A CLEAR pathway to RESOURCE growth and DISCOVERY success • Gidgee Gold Project – emerging gold camp • Update to current 240koz Resource in progress • Exploration accelerating across multiple new target areas Shareholder AGM | 30 November 2021 | Mark Cossom, Managing Director 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Forward Looking Statements For personal use only ▪ This presentation has been prepared by Gateway Mining Ltd (GML). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been
Slide 3: A Pivotal 12 Months for the Gidgee Project
A Pivotal 12 Months for the Gidgee Project ▪ Consolidated 1,000km2 Gidgee Gold Project, For personal use only TIER-1 LOCATION 800km NE of Perth IMPENDING ▪ Upgrades to existing 240,000oz1 Resources RESOURCE GROWTH underway ▪ Maiden Resources due for Evermore and Achilles- Airport (oxide) STRONG ▪ Hi
Slide 4: FY2021 – A Big Year for Gateway
FY2021 – A Big Year for Gateway Gateway Mining has been able to consistently drill to establish a For personal use only significant gold Mineral Resource base in one of WA’s emerging goldfield. ▪ RC Drilling 232 Holes for 30,098m ▪ Diamond Drilling 6 Holes for 2,550.6m ▪ Air Core Drilling 305 Holes
Slide 5: A Systematic Approach
A Systematic Approach Systematic approach to growing Resources within the For personal use only Company’s single major project at Gidgee: 1. Extension of existing Resources from 1990’s oxide open pit mining: ▪ Montague-Boulder and Whistler – 240,000oz Inferred Resource to be extended and upgraded 2.
Slide 6: A Demonstrated Gold Setting
A Demonstrated Gold Setting ▪ Analogous to several major gold For personal use only camps in the WA goldfields: ▪ ~9km long major gold-rich shear zone along the western margin of the Granodiorite Dome ▪ Highly prospective Eastern Margin not explored – Howards/Kashmir ▪ Majority of previous drilling
Slide 7: The Pathway to Resource Growth
For personal use only The Pathway to Resource Growth TARGET DRILL RESOURCE MINERAL GENERATION TESTING DEVELOPMENT RESOURCES Woodley, Season Well, Monarch, Julias, Evermore, Montague – Boulder, Whistler Nose, Plymouth, Achilles North, Whistler Rosie East, Kashmir, Airport Hot Diggety, Barrel Maker 12
Slide 8: Where are the next additions to the Resource?
For personal use only Where are the next additions to the Resource? 8
Slide 9: Recent Work for Resource Upgrade
For personal use only Recent Work for Resource Upgrade 9
Slide 10: Montague Resource Upgrade – Successful In-fill and Additions
For personal use only Montague Resource Upgrade – Successful In-fill and Additions ▪ Current 120,000oz Inferred Resource1 ▪ Located on granted Mining Lease ▪ Approximately 5,000m of RC drilling completed since July 2020 ▪ Exceptional results returned: ▪ GRC588: 6m @ 6.2g/t Au from 96m (HG Shoot) ▪ G
Slide 11: New Resources – Evermore Discovery
For personal use only New Resources – Evermore Discovery ▪ New high-grade discovery in October 2020 ▪ Similar geology to Montague-Boulder ▪ ~11,200m of RC and diamond drilling completed since discovery ▪ High-grade mineralisation in multiple hosts: ▪ GRC550: 15m @ 3.0g/t Au from 104m and ▪ 10m @ 9.2
Slide 12: New Resources – Achilles North
For personal use only New Resources – Achilles North ▪ Oxide gold discovery made by Gateway in 2019 ▪ Located on a granted Mining Lease ▪ Systematically RC drilled +500m along strike from Rosie pit ▪ Near surface, high-grade oxide results include: ▪ GRC507: 14m @ 1.0g/t Au from 3m ▪ GRC733: 11m @ 1.
Slide 13: What are the next steps in the strategy?
For personal use only What are the next steps in the strategy? 13
Slide 14: Continuing to Build the Pipeline
For personal use only Continuing to Build the Pipeline 14
Slide 15: The Next Generation – Julias
The Next Generation – Julias ▪ Oxide gold trend first drilled by Gateway in 2008 For personal use only ▪ Located on granted Mining lease ▪ Recent drilling built on previous drilling and tested southern extensions below historic set-depth drilling ▪ Significant widths of oxide gold mineralisation int
Slide 16: The Next Generation – Kashmir
The Next Generation – Kashmir ▪ Major 2.5km-long gold-in-soil anomaly defined by Gateway For personal use only 2019-2020 ▪ Directly along strike of 204koz Howards Resource (ASX : HRN) ▪ Located on unexplored Montague eastern margin ▪ First-pass wide-spaced RC testing in 2020 intersected high grade g
Slide 17: The Next Generation – Monarch
For personal use only The Next Generation – Monarch ▪ Major gold-in-soil anomaly defined by Gateway over 5.8km strike ▪ Associated with significant historical workings ▪ Next to no previous exploration – 5 shallow (>50m) deep RC holes in 1985 ▪ Gateway surface rock chip sampling up to 18.7g/t Au ▪ I
Slide 18: The Big Picture
For personal use only The Big Picture 18
Slide 19: 12 Month Target – Bigger Picture
For personal use only 12 Month Target – Bigger Picture ▪ 1 Woodley – Extensive alluvial gold workings, with soil anomaly ▪ 2 Season Well – Interpreted blind granodiorite intrusion ▪ 3 Whistler Nose – Continuation of Whistler mineralisation around granodiorite nose ▪ 4 Rosie East – Extensive zones of
Slide 20: Summary
For personal use only Summary 20
Slide 21: Corporate Summary
Corporate Summary CAPITAL STRUCTURE For personal use only ASX Ticker GML Shares on issue1 2,240,540,171 Executive Performance Options 32,000,000 Cash balance as at 30 Sept 2021 $1.68M Capital Raising 1 Nov 20211 $5.72M Listed Investments as at 30 Sept 2021 $1.80M Share Price $0.016 Market Capitalisa
Slide 22: Highly Successful and Experienced Leadership Team
Highly Successful and Experienced Leadership Team ▪ Executive Director since October 2019 For personal use only Mark Cossom ▪ 24-year experienced geologist with a background in gold exploration, mine geology and corporate management Managing Director ▪ Former General Manager - Geology & Exploration
Slide 23: Key Investment Takeaways
For personal use only Key Investment Takeways LOCATION ▪ Significant land-holder in a Tier-1 gold mining district RESOURCES ▪ Existing 240,000oz1 Inferred Mineral Resource around historic open pits ▪ Resource upgrades pending in Q4 2021 GROWTH ▪ Large gold system with clear potential for multiple si
Slide 24: Thank you. Questions.
For personal use only Thank you . Questions. Shareholder AGM | November 2021 | Mark Cossom, Managing Director 24