Great Western Exploration Limited · ASX:GTE

Great Western Exploration — Investor Presentation (February 2018)

17 slides from Great Western Exploration's investor presentation, Feb 14, 2018

  1. Slide 1: Investor Presentation – New Gold Discovery

    For personal use only INVESTOR PRESENTATION February 2018 NEW GOLD DISCOVERY GREATWESTERNEXPLORATION.COM.AU ASX:GTE

  2. Slide 2: Disclaimer

    DISCLAIMER • This presentation has been prepared by Great Western Exploration Ltd (“GTE” or the “Company”). It should not be considered as an offer or For personal use only invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with r

  3. Slide 3: Corporate Snapshot

    CORPORATE SNAPSHOT CAPITAL STRUCTURE HISTORICAL SHARE PRICE For personal use only 3.5 140 Shares on Issue – ASX:GTE 920m Volume Millions 3 Closing Share Price (cents) 120 Unlisted Options 76.5m 2.5 100 2 80 Market Cap (at $0.02 per share) $18.4m 1.5 60 Cash (current) $3.5m 1 40 0.5 20 Enterprise Val

  4. Slide 4: Overview

    OVERVIEW • Yandal West: New Gold Discovery within virgin For personal use only greenstone at Yandal West:  Drilling continues to uncover a large gold system that remains open in all directions.  Archaean gold lode style similar to other major gold deposits in the Yandal Gold Belt  The gold system

  5. Slide 5: Yandal West

    YANDAL WEST • New greenfields gold discovery located in the world class Yandal For personal use only gold belt. • Strong gold system confirmed in RC drilling results at May Queen that include: • 11m @ 9.58 g/t gold from 57m (includes 1m @ 98.7 g/t) • 16m @ 1.64 g/t gold from 13m (includes 1m @ 13.1

  6. Slide 6: Yandal West – Greenfields Gold Discovery

    YANDAL WEST – GREENFIELDS GOLD DISCOVERY For personal use only • The main May Queen target area is ~2.9km2 (3.6km x 800m) of which only a small fraction (~7%) has been drill tested. • Drilling to date has been reconnaissance RC drill holes along widely spaced drill lines • All drill lines completed

  7. Slide 7: Yandal West

    YANDAL WEST Picture of some of the gold nuggets from the May Queen area where the Company is For personal use only currently drilling. A total of 83 gold nuggets were won by prospectors in 2016 PG 7 GREATWESTERNEXPLORATION.COM.AU ASX:GTE

  8. Slide 8: Yerrida Regional

    YERRIDA REGIONAL • High Impact base metal exploration in the Yerrida For personal use only Basin GOODIN - Cu • Large project area covering under explored Proterozoic basin sediments prospective for Cu-Co, Zn-Pb-Ag, V-Co and VMS FINLAYSON - Au • High priority drill targets at the 100% owned Chisel an

  9. Slide 9: Chisel – Large Base Metal Target

    CHISEL – LARGE BASE METAL TARGET Perseverance Fault For personal use only • 100% owned high priority target to be tested ASAP. • The worlds largest base metal deposits are located in similar types of Proterozoic basin sequences and structural settings. • Targeting large scale sedimentary hosted base

  10. Slide 10: Finlayson – A Wiluna Gold Look-a-Like

    FINLAYSON – A WILUNA GOLD LOOK-A-LIKE • 100% owned high priority prospect to be drill tested For personal use only as soon as the tenement is granted. • Targeting Archaean lode gold similar to the Wiluna deposit located 70km along strike to the south. • Prospect comprises of aeromagnetic structural

  11. Slide 11: Yerrida Regional – Sandfire JV

    YERRIDA REGIONAL – Sandfire JV YANDAL WEST For personal use only • Sandfire to earn a 70% interest by: • Issue of $500,000 in SFR shares – completed • Minimum exploration spend of $1.7 million and sole funding exploration until the delineation of 50,000t or more of in-ground copper resources • Sandf

  12. Slide 12: Summary – Active, High Quality WA Explorer

    SUMMARY – ACTIVE, HIGH QUALITY WA EXPLORER • Large gold discovery being uncovered at YANDAL WEST– drilling ongoing For personal use only  Very strong results from maiden drilling at May Queen  Phase 2 drilling re-commencing, Phase 3 drill planning underway • Large, undrilled gravity anomaly define

  13. Slide 13: Board and Management

    BOARD AND MANAGEMENT Kevin Somes – Non-Executive Chairman Kevin is a Chartered Accountant (FCA) of 50 years and a founding partner of SomesCooke Chartered Accountants which specialised in auditing and advising mining For personal use only and exploration companies. Kevin’s career includes numerous b

  14. Slide 14: Thank You

    THANK YOU For personal use only ASX:GTE 6 Outram Street West Perth. WA. 6005 P: +618 6311 2852 E: jordan@greatwestex.com.au www.greatwestex.com.au PG 14 GREATWESTERNEXPLORATION.COM.AU ASX:GTE

  15. Slide 15: Appendix 1: Competent Persons Statement

    APPENDIX 1: COMPETENT PERSONS STATEMENT The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information For personal use only compiled by Mr Jordan Luckett who is a member of the Australian Institute of Mining and Metallurgy. Mr Luckett i

  16. Slide 16: Appendix 2: Northern Yilgarn

    APPENDIX 2: NORTHERN YILGARN HIGH QUALITY TENEMENT HOLDING For personal use only Yandal West: gold • Highly prospective gold setting between Bronzewing and Jundee • Very limited previous exploration Yerrida: copper-cobalt- gold • VMS copper-gold (Degrussa Style) • SEDEX copper (Mt Isa style) • Sed-H

  17. Slide 17: Appendix 3: Fairbairn Copper-Cobalt Model

    APPENDIX 3: FAIRBAIRN COPPER-COBALT MODEL For personal use only PERMEABLE Secondary oxide SANDSTONE HOST zone MAJOR FAULTS GROUND WATER MINOR POST-ORE FAULTS RECHARGE REDBEDS OR OTHER FORMATIONS Primary 100m chalcocite zone REDBEDS 100m Schematic x-section Redbed hosted (Zambian style) copper-cobalt

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