Great Western Exploration Limited · ASX:GTE
Great Western Exploration — Investor Presentation (May 2018)
16 slides from Great Western Exploration's investor presentation, May 10, 2018
Slide 1: Investor Presentation – Discovering the Northern Yilgarn
For personal use only INVESTOR PRESENTATION May 2018 DISCOVERING THE NORTHERN YILGARN GREATWESTERNEXPLORATION.COM.AU ASX:GTE
Slide 2: Disclaimer
DISCLAIMER For personal use only - This presentation has been prepared by Great Western Exploration Ltd (“GTE” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with r
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT CAPITAL STRUCTURE HISTORICAL SHARE PRICE For personal use only Shares on Issue: ASX:GTE 920m Unlisted Options1 76.5m Market Cap (at $0.014 per share) $13m Cash (31 Mar 2018) $3.1m Enterprise Value $9.9m 1. Various exercise prices and maturity dates, ranging from 2c to 6c per share
Slide 4: Overview
OVERVIEW • YANDAL WEST: New Gold Discovery within virgin For personal use only greenstone on the world-class Yandal Gold Belt: ▪ Drilling continues to uncover an extensive gold system that remains open in all directions ▪ Archaean gold lode style similar to other major gold deposits in the Yandal Go
Slide 5: Northern Yilgarn Focus
NORTHERN YILGARN FOCUS ARCHEAN GOLD For personal use only YANDAL WEST ▪ GTE unlocked a strategic landholding on the world- class Yandal Belt in 2017 ▪ GTE is the first explorer to apply systematic exploration on this tenure in 30 years, with immediate discovery success ▪ Drilling continuing on the e
Slide 6: Yandal West: A Greenfields Gold Discovery
YANDAL WEST: A GREENFIELDS GOLD DISCOVERY ▪ Fault related Archean Lode type gold mineralisation located within a 9km For personal use only gold – in soil trend ▪ GTE exploration (2017) highlighted a new greenfields gold discovery ▪ Strong gold system confirmed by maiden RC drilling results at May Qu
Slide 7: Yandal West
YANDAL WEST: 2017 For personal use only ▪ Systematic soil sampling delineated a robust 9km gold trend ▪ Structural control confirmed by detailed aeromagnetics ▪ Maiden drill program completed on the primary May Queen target area ~2.9km2 (3.6km x 800m) ▪ Extensive gold system confirmed by maiden RC d
Slide 8: Yandal West: May Queen
YANDAL WEST: MAY QUEEN 11m @ 9.58g/t Au TARGET AREA MAY QUEEN For personal use only (inc. 1m @ 98.7g/t Au) 10% drill tested to date ▪ May Queen represents the largest gold target at Yandal West 5m @ 1.25g/t Au ▪ Strong results from maiden RC drilling at May 20m @ 1.14g/t Au Queen, including: 4m @ 1.
Slide 9: Yandal West: A Greenfields Gold Discovery
YANDAL WEST: YANDAL WEST A GREENFIELDS GOLD DISCOVERY For personal use only Gold nuggets from the May Queen area – Yandal West GREATWESTERNEXPLORATION.COM.AU PG 9
Slide 10: Proterozoic Basins: Strategic Tenement Position
PROTEROZOIC BASINS: STRATEGIC TENEMENT POSITION ▪ GTE has secured a strategic, first-mover position in the For personal use only Proterozoic aged Yerrida and Earaheedy Basins ▪ Yerrida North Project is being explored by Sandfire under JV ▪ The Chisel anomaly, in the 100% owned Yerrida Project, is cu
Slide 11: Yerrida: Large Base Metal Target at Chisel
YERRIDA: LARGE BASE METAL TARGET AT CHISEL For personal use only ▪ 100% owned high priority target – drilling now ▪ Targeting large scale sedimentary and volcanic hosted base metal (Zn-Pb-Ag-Cu-Co) style mineralisation (e.g. Century, Magellan) ▪ First holes intersected 3m of massive sulphides ▪ Assa
Slide 12: Yerrida North: Sandfire JV
YANDAL YERRIDAWEST NORTH: SANDFIRE JV ▪ Sandfire sole-funding to a 70% interest by: For personal use only Minimum exploration spend of $1.7 million and sole funding exploration until the delineation of 50,000t or more of in-ground copper resources ▪ Sandfire have commenced a VTEM MAX airborne EM sur
Slide 13: 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 3 drilling underway ▪ Large, undrilled gravity anomaly defined at CHISEL – drilling underway ▪ Sandf
Slide 14: Board and Management
BOARD AND MANAGEMENT Kevin Somes – Non-Executive Chairman For personal use only Kevin is a Chartered Accountant (FCA) of 50 years and a founding partner of SomesCooke Chartered Accountants which specialised in auditing and advising mining and exploration companies. Kevin’s career includes numerous b
Slide 15: 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 GREATWESTERNEXPLORATION.COM.AU PG 15
Slide 16: 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 compiled by For personal use only Mr Jordan Luckett who is a member of the Australian Institute of Mining and Metallurgy. Mr Luckett i
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