Gibb River Diamonds Limited · ASX:GIB

Gibb River Diamonds — Investor Presentation (February 2019)

24 slides from Gibb River Diamonds's investor presentation, Feb 19, 2019

  1. Slide 1: Trial Mining at the Blina Diamond Project

    GIBB RIVER DIAMONDS TRIAL MINING at the Blina Diamond Project Western Australia Investor Presentation RIU, Hong Kong & PDAC Toronto February/March 2019 ASX Code: GIB

  2. Slide 2: Blina Diamond Project, Kimberley, Western Australia

    Blina Diamond Project Kimberley, Western Australia Northern \ Territory | \ Queensland \ \ Australias l 4 \ *., South Brisbane et) Geralatorng. “Australia _— Kalgoorlie ms New South \oRenth ian Wales ie Sydney ne \\Canberrae WN * Victoria *+,, eMelbouri . 4 Hobart) **. Tesmana ge y GIBB RIVER DIAMON

  3. Slide 3: Site Video Link

    Blina Diamond Project Kimberley, Western Australia gibbriverdiamonds.com.au & GIBB RIVER DIAMONDS ASX: GIB

  4. Slide 4: Blina Diamond Project tenement map

    i} 700 000mE lI 670 000mE ELA04/2519 Gibb River Road ~ — [eTaoaa534 ~~ M04/464 _ Terrace 5 ‘ ELA04/2526 wo4/466 | ee LS | R | = 04/2415] £04/2416 E9 North Alluvials GIB 2019 Bulk <e Sampling Area a Elen ia 7 lale 9 —_ | wndves Mine smeneL____ FLA0«I2549 Se ; an ‘® ace - : Ellendale Diamond Tangeg LE

  5. Slide 5: Multiple diamond bearing channels over 35km of strike

    Multiple diamond bearing channels over 35km of strike Sampling Area Terrace 5 =Alluvials Terrace 5 - ers, > 9 North luv Alluvials =< - (untested) LEGEND GIB Tenements L__j Section 19 Reserve Alluvials (Inferred) > i Mined Alluvials (Approximate) Oblique View - Not to Scale

  6. Slide 6: Project has a history of producing exceptional quality gems

    Project has a history of producing exceptional quality gems Trial Mining in 2005/06 recovered 1,421 carats of diamonds from 40,613 cubic metres at a grade of 3.5 carats per hundred cubic metres (cphm?) Recent valuation of a 1,497 carat parcel of diamonds from Terrace 5 stated: Overall parcel valuati

  7. Slide 7: Including large, high quality, Fancy Yellow diamonds which are highly prized

    Including large, high quality, Fancy Yellow diamonds which are highly prized Recovered diamonds are: 38% cem 55% Near-gem Blina Project diamonds 8.43 carat Fancy 7% Industrial All stones are heavier than Yellow diamond two carats from Blina

  8. Slide 8: Blina & alluvial diamond mining

    Blina & alluvial diamond mining Shallow, simple & low cost

  9. Slide 9: Blina alluvial diamonds sourced from E9 mine

    Blina alluvial dlamonds sourced from E9 mine Blina Project JORC High Grade Exploration Target * 700,000 to 1,000,000 cubic metres * 2.3 to 4.1 carats per cubic metre * 1.6 to 4.1 million carats diamonds 76m erosion - ancient surface level today’s land surface EQ)MINeb & Ripe b , EQ mine - source ay

  10. Slide 10: How potholes concentrate diamonds

    How potholes concentrate diamonds Jim Richards, mining Auchas Diamond Mine, Namibia: diamonds from potholes in Pothole sequence Guyana, 1991 9

  11. Slide 11: Latest Ground Penetrating Radar is the best way to target trap sites

    Latest Ground Penetrating Radar (GPR) is the best way to target these trap sites 2002 Old GPR Technology: Previous Blina Survey Recent New GPR Technology: GIB Survey | 11

  12. Slide 12: New GPR has found hundreds of new high grade targets

    New GPR has found hundreds of new high grade targets INTERPRETED GEOLOGY Channel 1 Channel 2 170 120 -— 170m f— 120m — ¢ y) al, ree Cy GEOLOGY LEGEND Recent[| | Pindan Sand: nindblown sand and cay od B86 ] Buk Sample Pit 1 Sediments: as, sits & sands wih ater n planes (cphm’ = carats per hundred met

  13. Slide 13: New GPR bonanza targets in historic diamond channels

    New GPR bonanza targets in historic diamond channels GPR defined, diamond bearing channels (blue) ready for testing of bonanza grade targets x 683 000mE a 687 000mE 32 LEGEND <=> Channels 1 and 2 Bs40 Bulk Sample Pit cphm’ Carats per hundred metres cubed TS GIB Trench 6 High Grade GPR Targets Gravel

  14. Slide 14: GIB work has defined extensive new surficial gravel discoveries

    GIB work has defined extensive, new surficial gravel discoveries ready for testing = Raines 35 \o TRAP. \ SITE] PERMIAN 9% BASEMENT. New gravel discoveries include excellent bedrock trap-sites 14

  15. Slide 15: Blina alluvial mining shallow, simple & low-cost

    This all makes Blina alluvial mining shallow, simple & low-cost Targets Phase 1: Phase 2: gravels only Commission plant Trial mining of 0.3 to6 & commence bulk best grades sample diamond metres deep wasavery SP Blina Diamonds NL mining alluvials in 2007 15

  16. Slide 16: And we have processing facilities ready to go

    And we have processing “e facilities ready to go Diamond processing plant: 100% owned by GIB - No Chemicals, No Crushing

  17. Slide 17: Bulk sample diamond recovery & Trial Mining

    bulk sample diamond recovery & Trial Mining Fully permitted to mine: ‘Shovel Ready’ for “e

  18. Slide 18: Who are Gibb River Diamonds?

    Who are Gibb River Diamonds?

  19. Slide 19: Share price chart

    0.13 High: 0.15 0.12 0.11 0.10 0.09 0.08 Low: 0.05 0.07 0.06 0.05 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 19

  20. Slide 20: Executive Chairman has extensive diamond experience

    Executive Chairman has extensive diamond experience Mr. Jim Richards Executive Chairman Geology degree from London University 26 years experience In mining and exploration Extensive alluvial diamond and gold mining experience in South America and Australia Floated United Kimberley Diamonds in Austra

  21. Slide 21: 2019 timeline to bulk sample diamond recovery and Trial Mining

    With a 2019 timeline to our goals of bulk sample diamond recovery and Trial Mining Month 2019 Mar/Apr Apr/May May/Jun Jun - Sep Sep to year end Activity Raise capital Build Camp, waterbore, sheet roads, construct Tailings Storage Facility, siteworks, ROM pad Construct and commission Plant, recover d

  22. Slide 22: We need working capital to commence diamond recovery operations

    We need working capital to commence diamond recovery operations $2.5 million to commission plant & conduct four CAPEX OPEX Total months bulk sampling diamond recovery work This can be raised as equity in shares, project equity or debt A$ 1,000,000 A$ 1,500,000 A$ 2.5 million Blina Project alluvial m

  23. Slide 23: Disclaimer

    Disclaimer PLN 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 i

  24. Slide 24: ASX Code: GIB

    GIBB RIVER DIAMONDS Contact us for more on... Trial Mining at the Blina Diamond Project Jim Richards Executive Chairman T +618 9422 9500 E info@gibbriverdiamonds.com 16 Ord Street, West Perth, WA 6005 gibbriverdiamonds.com ASX Code: GIB

Gibb River Diamonds — Investor Presentation (February 2019) on 6ix