Great Western Mining Corp. Plc · LSE:GWMO
Great Western Mining — Investor Presentation (September 2020)
27 slides from Great Western Mining's investor presentation, September 2020
Slide 1: Great Western Mining Corporation PLC Company Presentation September 2020
Great Western Mining Corporation PLC Company Presentation September 2020
Slide 2: Disclaimer
Disclaimer Certain information contained herein constitutes forward-looking statements which can be identified by the use of forward-looking terminology such as ‘anticipates’, ‘believes’, ‘estimates’, ‘expects’, ‘intends’, ‘may’, ‘plans’, ‘projects’, ‘should’ or ’will’, or, in each case, their negat
Slide 3: Great Western Mining Corporation PLC
Great Western Mining Corporation PLC ➢ Mineral exploration and development company exploiting precious metals and base metals in Nevada ➢ Gold exploration target1 – 0.50 to 1.50 million ounces from multiple prospects ➢ Aiming for first gold sales in 2020 through processing spoil heaps ➢ Numerous sil
Slide 4: Great Western's Strategy
Great Western’s Strategy Prioritise the exploration of gold and silver on existing licensed acreage to establish a commercial resource Fast-track the exploitation of precious metals to achieve early gold sales Expand the search for precious metals into new areas (example: The Olympic Gold Project) D
Slide 5: Properties and Targets
Properties and Targets 100% owned Target Commodity Target Gold oz.1 Project Status Black Mountain Group Copper Seeking partners Mineral Jackpot Gold & Silver 50,000 - 100,000 Work ongoing Rock House Group Gold & Silver 25,000 - 75,000 Work ongoing Huntoon Group Gold & Copper 10,000 - 50,000 Planning
Slide 6: Gold, Silver & Copper in Nevada
Gold, Silver & Copper in Nevada • All the Company’s assets are located in Mineral County, Nevada and include old gold and silver mines which can be reworked with modern technology • Prolific gold and silver discoveries made in the past on Great Western’s properties. Mountainous topography without be
Slide 7: Work in Progress – Current Programme
Work in Progress – Current Programme Prioritised work in progress on three of Great Western’s multiple gold and silver targets: ▪ The Mineral Jackpot cluster of five historic gold mines (MJ) • Road rehabilitation for heavy vehicle access • Drilling to map productive veins as preliminary to mine deve
Slide 8: Mineral Jackpot – Gold-Silver target
Mineral Jackpot – Gold-Silver target The Mineral Jackpot cluster is located in the Black Mountain Group of claims and comprises five closely-linked old gold mine workings. Rich spoil heaps will be processed for gold and silver, aiming to produce precious metals for sale in 2020. Trenching and drilli
Slide 9: Mineral Jackpot – Production of First Gold
Mineral Jackpot – Production of First Gold • At the Mineral Jackpot Group there are up to 38 individual spoil heaps from the workings of numerous historic gold mines, and roughly half of the heaps are now accessible for vehicles following recent road upgrading and repairs • Two large spoil heaps hav
Slide 10: RH Group – Gold-Silver target
RH Group – Gold-Silver target The Rock House Group (‘RH’) has never been mined but mineralisation has been identified through satellite imagery and confirmed on the ground by soil sampling in 2019. Trenching programme over two of the main target areas completed in August 2020, samples under analysis
Slide 11: Olympic Gold Project - OMCO Mine Extension
OLYMPIC GOLD PROJECT - OMCO Mine Extension • In May 2020 Great Western acquired a 4-year option to purchase the 825-acre Olympic Gold Project in eastern-central Mineral County, Nevada. • The Olympic Gold Project comprises several gold and silver prospects and initial focus is on the OMCO Mine Extens
Slide 12: Olympic Gold Target Zones
Olympic Gold Target Zones 1. OMCO Mine Extension • Extension of the remaining OMCO Vein across unexplored fault blocks to the south and west of the mine workings. • Follow up parallel vein sets both above and below the OMCO Vein indicated by historic drilling, such as the Cosmos Vein. Trafalgar Hill
Slide 13: Copper Target Zones
Copper Target Zones 1. M2 Copper Project • Indicated and Inferred Mineral Resource of 4.3 million tonnes at 0.44% Cu, for 19,000 tonnes of Cu metal • Open down dip and along strike • Deep copper target defined based on IP/resistivity anomaly within the host diorite M2 Copper Project 2. M4 Copper Pro
Slide 14: Summary
Summary Great Western is currently The Company is Target gold ranges from An exciting new project has Industry partners sought prioritising three out of funded for its 2020 0.50 to 1.50 million oz. been added in 2020 for Great Western’s large many precious metals programme from all prospects copper
Slide 15: @mining_great
@mining_great GREAT WESTERN MINING
Slide 16: Appendix 1 – Great Western's People
Appendix 1 – Great Western’s People BOARD OF DIRECTORS Brian Hall, Executive Chairman – 40+ years’ experience managing resource companies. Founder and former Chairman and CEO of oil company Aminex PLC which discovered and produced oil and gas on three continents. Joined Great Western as non-exec in
Slide 17: Appendix 2 – Great Western's other assets
Appendix 2 – Great Western’s other assets
Slide 18: Regional Setting - Golconda-Candelaria Fault
Regional Setting - Golconda-Candelaria Fault • The Golconda Thrust Fault is an extensive regional structure spanning Nevada from west to north and providing a major pathway for hydrothermal mineralisation. Golconda Claims Best drill intersect • The fault is host to the major Candelaria Golconda Clai
Slide 19: JS Group – M5 Gold target
JS Group – M5 Gold target • The M5 prospect occurs in altered siliceous basement rock, exposed beneath volcanic cover for approximately one square kilometre • Field work conducted in 2014 and 2019 found consistently anomalous readings of gold, arsenic and antimony along the north-easterly crest of t
Slide 20: TUN Group – Gold target
TUN Group – Gold target • A mapping and rock sampling programme undertaken in 2019 identified multiple >2km strike length quartz veins and numerous historic adits including one with >300m drive length. • The veins are up to 2m thick and have returned assays including 9.84 g/t Au, 4.99 g/t Au and 1.2
Slide 21: JS Group – M4 Copper Project
JS Group – M4 Copper Project • 3 diamond holes drilled in 2018 to test beneath outcrops of cupriferous vein and silicic alteration. • One hole, M4_005, hit a large quartz-copper-carbonate breccia vein at 106.2m. The intercept comprised 43.0m @ 0.24% Cu, including 1.8m @ 0.74% Cu from 121m. • The bre
Slide 22: EM Group – M8 Eastside Copper target
EM Group – M8 Eastside Copper target • A mapping and soil sampling programme completed in June 2019 successfully identified intersecting mineralised fault corridors from satellite imagery. • 2 extensive NE trending graben structures host Cu enriched soil anomalies and Cu –quartz vein bearing fault b
Slide 23: Huntoon Group – M1 Gold-Copper target
Huntoon Group – M1 Gold-Copper target • The former Huntoon mine, in the centre of the property, was previously exploited for gold • Best surface sample assays of 14.10 g/t Au and 33.60 g/t Au near the former workings • Single RC hole drilled in 2018, SW of the main gold zone • The hole was designed
Slide 24: Black Mountains Group – M2 Copper Target
Black Mountains Group – M2 Copper Target • Indicated and Inferred Mineral Resource, prepared in accordance Cu bearing with JORC (2012) guidelines. exploratory pit • Current total Resource of 4.3Mt @ 0.45% Cu, for 19kt of Cu metal (at Area open to further intersects a 0.20% Cu cut-off). M2_034 13.37m
Slide 25: Black Mountains Group – M2 Deep Copper Target
Black Mountains Group – M2 Deep Copper Target • Target is a deeply buried IP/resistivity anomaly within the diorite, down plunge from the current M2 oxide Cu Resource • The target could potentially extend the current M2 resource a further 500m along strike. Target M2_034 thickness could range from 1
Slide 26: Appendix 3 – Mining companies active in and around Mineral County
Appendix 3 – Mining companies active in and around Mineral County
Slide 27: Appendix 4 - Abbreviations
Appendix 4 - Abbreviations km kilometre m metre Au Gold Ag Silver Cu Copper Ni Nickel As Arsenic W Tungsten Sb Antimony g/t grams per metric tonne Mt mega (million) metric tonnes Kt kilo (thousand) metric tonnes RH Rock House group of claims MJ Mineral Jackpot prospect HUN Huntoon Valley group of cl
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