Gateway Mining Limited · ASX:GML
Gateway Mining — Gateway Mining NL — Shareholder Meeting (November 2005)
26 slides from Gateway Mining's shareholder meeting presentation, Nov 30, 2005
Slide 1: Gateway Mining NL Annual General Meeting
GATEWAY MINING NL ANNUAL GENERAL MEETING 30 November 2005 ASX CODE: GML
Slide 2: Project Focus and Potential
PROJECT FOCUS AND POTENTIAL GIDGEE GOLD PROJECT - NEW DISCOVERIES 2005 - Julia’s Fault, Two Dogs, Victory Creek - Potential for large tonnage GOLD RESOURCE at Julia’s Fault over untested 1 km long target zone - Multi million ounce conceptual target at Victory Creek - Exciting targets generated from
Slide 3: Corporate Information
CORPORATE INFORMATION Capital Structure •Issued Shares 92.3 M •Options 9.69 M @ 30 cents (March 07) Market Cap (@10 cents) $9.2 M Cash (Sept 05) $0.56 M Investments $1.2 M
Slide 4: Gold Price
GOLD PRICE 5 Year gold price Gold price hit US $ 500 On 29th November 2005 First time since 1987
Slide 5: Exploration Projects
EXPLORATION PROJECTS GIDGEE Gum Creek Belt WA Gold COWRA Lachlan Fold Belt NSW Gold, Copper SURPRISE Mt Isa QLD Copper- Gold, Gold Hodgkinson Basin Qld - Gold Tucker box NSW - Gold
Slide 6: Gidgee Gold Project
GIDGEE GOLD PROJECT Belt has produced over 1.5 million GUM CREEK GREENSTONE BELT ounces of gold 400 square km strategic landholding ranging from 75% to100% interests GIDGEE PRODUCED OVER 1.5 MILLION OUNCES OF GOLD BARRELMAKER Montague - highest priority VICTORY CREEK, HYPOTENUSE Focus on two areas -
Slide 7: Montague Magnetics & Targets
MONTAGUE MAGNETICS & TARGETS Under Explored VICTORY CREEK 25% of holes > 50m depth 2% of holes >100m depth Large mineralised gold systems under cover at Victory Creek – Julia’s Fault 2005 – discovered mineralisation at Julia’s Fault, Victory Creek, Hypotenuse JULIA’S FAULT And Two Dogs Airport – hig
Slide 8: Montague 3D Magnetics
MONTAGUE 3D MAGNETICS Deeper Target Generation driven By modelling Deeper drilling planned
Slide 9: Julias Fault
JULIAS FAULT 4.5 km long target zone Multi million ounce potential Shallow and deep drilling targets from magnetics and gravity VICTORY CREEK - JULIA’S FAULT TARGET
Slide 10: Julia's Fault
JULIA’S FAULT New Discovery Target 1 km long First two holes reported 9 metres @ 2.0g/t 22 metres @ 1.75 g/t JULIAS FAULT – DRILLHOLE LOCATION PLAN
Slide 11: Julia's Fault
JULIA’S FAULT Wide zones, gently dipping Potential for large tonnage gold resource Easily drill tested
Slide 12: Victory Creek
VICTORY CREEK Large magnetic target Not drill tested Intersects Julia’s Fault at depth? Multi-million ounce potential
Slide 13: Victory Creek
VICTORY CREEK Adjacent to wide zones of encouraging Au – As – Sb geochemistry Deeper holes planned to test magnetic feature
Slide 14: Victory Creek
VICTORY CREEK TARGET ZONE JULIA’S FAULT ? 3D MODEL GRAVITY AND MAGNETICS
Slide 15: Airport Gold Targets
AIRPORT GOLD TARGETS WHISTLER RESOURCE Whistler Pit In excess of 100,000 ounces mined from open pits Whistler resource 24,600 Montague-Boulder Pit ounces of gold PANNIKIN 8m @ 3.88 g/t gold (RAB) High grade shoots NE Pit discovered ROSIE NORTH Caledonian Pit S BEND Rosie Castle Pit Central tenement
Slide 16: Rosie North
ROSIE NORTH Rosie North Gold Trend extends for 300m and is open to north and at depth. Grades up to 28 g/t gold HANGING WALL STRUCTURE 2 m @ 13.58 g/t 2m @ 9.20 g/t gold Discovery of parallel trending structure 90 metres to east Results include 2 metres @ 13.58 g/t RAB Nov 05 6m @ 8 g/t gold 2 metre
Slide 17: Rosie North
ROSIE NORTH Hanging Wall 6 metres @ 8 g/t gold Mineralisation open to north and at depth CONTACT ZONE Shallow RAB intersected numerous auriferous quartz N veins to east of contact zone in 50 m hanging wall
Slide 18: Cowra Project
COWRA PROJECT SEARCHING FOR GOLD & COPPER RESOURCES IN A WORLD CLASS GEOLOGICAL PROVINCE
Slide 19: Cowra Project
COWRA PROJECT Targeting significant gold and copper- gold systems Project covers over 60 kilometres of prospective ordovician rocks JV with Goldminco Corporation Terms require Goldminco to spend a further $500,000 to earn 51% Option to spend a further $1.2 million to earn 70% within a further 24 mon
Slide 20: Cowra Target Zones
COWRA TARGET ZONES Kiola - copper-gold 7 km x 4 km mineralised zone Discovery of a gold skarn at Nasdaq -drilling includes 4m @ 5 g/t gold and up to 25.3 g/t gold in narrow zones Further Skarn, Vein and Magmatic targets throughout tenement Ground magnetics and soil sampling completed on regional tar
Slide 21: Cowra - Kiola Region
COWRA - KIOLA REGION Initial drilling has intersected skarn Nasdaq Skarn Gold up to 25.3 g/t in drilling alteration and mineralisation at a Includes 4m @ 5 g/t gold number of anomalies Dollys - Magnetic target Au, Cu, Bi, As, Mo in surface geochem Drill tested in January 06 Little Point Skarn Fox Ta
Slide 22: Cowra - Drilling Targets
COWRA - DRILLING TARGETS NASDAQ SKARN NEW DISCOVERY 4 METRES @ 5 g/t GOLD DRILLING TARGET DRILLING TARGET DOLLY’S DRILLING TARGET KIOLA COPPER GOLD January 2006 Drilling Targets 7km x 4km TARGET
Slide 23: Hodgkinson Basin
HODGKINSON BASIN Projects joint ventured to Republic Gold Limited for 1,350,000 shares and a 6% free carried interest to a decision to mine Total measured indicated and inferred resource of 37,000 ounces delineated at Reedy 8A and Hurricane Previous drilling returned 20 m @ 2.2 g/t gold at Campbell
Slide 24: Surprise
SURPRISE Reinterpretation highlighted gold only target zones Jolt gold in soil anomaly extends for 4.5 km. Infill soil sampling returned up to 0.16 g/t gold and rock chips up to 0.68 g/t Rock chip and costean sampling required to delineate drill targets
Slide 25: Summary
SUMMARY New discoveries at Julia’s Fault and Victory Creek with potential to host large gold resources Strategically positioned at Gidgee through careful acquisition of prospective ground Shareholder exposure to advanced exploration projects throughout Australia DRILLING - Cowra JAN 2006 - Gidgee 1s
Slide 26: Gateway Mining NL
GATEWAY MINING NL CONTACT DETAILS: Simon Taylor, Exploration Manager Phone: 02 9283 5711 Website: www.gatewaymining.com.au ASX CODE: GML
Gateway Mining NL — Shareholder Meeting (November 2005) on 6ix