Win Metals Ltd · ASX:WIN
Win Metals — Widgie Nickel — The Australian Nickel Conference 2023
16 slides from Win Metals's conference presentation, Oct 4, 2023
Slide 1: Critical Minerals for a Cleaner Future
For personal use only Investor Presentation Critical Minerals for a Cleaner Future ASX: WIN OCTOBER 2023 WIDGIENICKEL.COM.AU
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared by Widgie Nickel Limited (“WIN” or the “Company”) to assist in informing interested parties about the No liability Company. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Com
Slide 3: Lithium production to nickel concentrate: the Widgie dual strategy
Lithium production to nickel concentrate the widgie dual strategy For personal use only 240km2 granted mining leases covering the highly prolific Widgiemooltha Dome, with exposure to two critical minerals LITHIUM – NEAR TERM PRODUCTION OPPORTUNITY FARADAY-TRAINLINE LITHIUM PROJECT Shovel ready proje
Slide 4: Corporate Summary and Share Price
For personal use only ASX: WIN Share Price ASX Cash $- $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 WIN Sep-22 Oct-22 as at 30 June 2023 $11.8M Oct-22 Oct-22 Oct-22 Nov-22 Nov-22 Nov-22 Nov-22 Dec-22 Dec-22 $0.20 Dec-22 10.55M Dec-22 Share Price Dec-22 Total Options as at 29 September 2023 Jan-23 Corporate S
Slide 5: Board & Management
Board & Management Andrew Parker Steve Norregaard For personal use only Non-Executive Chair Managing Director & CEO Andrew holds a Bachelor of Laws (LLB) degree from the Steve is an experienced resources industry executive, University of Western Australia and has significant company director, and mi
Slide 6: Dual strategy of lithium and nickel development
Dual strategy of lithium and nickel development Near-term Lithium optionality while progressing main long-term Nickel concentrate operation For personal use only Stage 01 Stage 02 Stage 03 Stage 04 Shovel ready Rapid lithium Feasibility studies Standalone Nickel lithium development and MRE growth Co
Slide 7: 240km2 Widgie Strategic Portfolio
240km2 Widgie Strategic Portfolio For personal use only FARADAY-TRAINLINE LITHIUM PROJECT(100%) • Lithium discovery October 2022 • MRE: 481,000t @ 0.59% Li 2O (@ 0.30% Li 2O cut-off) • MRE upgrade pending re-assay • Expansion potential with near surface lithium at Trainline • Offtake agreement in ad
Slide 8: Faraday-Trainline Lithium Project
Faraday-Trainline Lithium Project Faraday-Trainline offers a near-term production opportunity For personal use only • Drilling has confirmed the consistent presence of shallow-dipping lithium-bearing (LCT) pegmatite over 800m strike • Faraday-Trainline high-grade shallow results include:* • 23MERC33
Slide 9: 12 separate nickel deposits positioned to drive value
Mt Edwards Nickel Project 12 separate nickel deposits positioned to drive value • Widgiemooltha Dome has similar geology to the nearby Kambalda Dome For personal use only • Unique occurrence of 12 deposits on 15 km of prospective strike • Lends itself to economies of scale. A unique situation allowi
Slide 10: Standalone nickel concentrator contemplated in scoping study
Mt Edwards Nickel Project Standalone nickel concentrator contemplated in scoping study For personal use only • Upside potential: 6 Mineral resources advanced + 6 resources yet to upgrade • Broader standalone operation will unlock substantially more value from the entire resource base. • Proposed Nic
Slide 11: Widgie Townsite: Opportunity for resource growth
Mt Edwards Nickel Project Widgie Townsite For personal use only Opportunity for resource growth • Significant nickel intercepts at Widgie Townsite including:* MEDD061 30.85m @ 1.59% Ni from 435m incl 13.43m @ 2.74% Ni from 449.7m 23MERCD039 14.0m @ 2.73% Ni from 509m incl 11.03m @ 3.19% Ni from 511m
Slide 12: 132N massive sulphide results
Mt Edwards Nickel Project 132 N For personal use only Exceptionally high-grade nickel results including: 23MERCD112 9.14m @ 10.44% Ni, 0.75% Cu, 0.13% Co, 1.93g/t 3PGE from 330.00m Incl 2.61m @ 18.88% Ni, 0.48% Cu, 0.23% Co, 0.65g/t 3PGE from 335.44m Open at depth *ASX announcement - 13/09/2023 Exce
Slide 13: Gillett
Mt Edwards Nickel Project Gillett Most significant body of nickel For personal use only mineralisation discovered to date: Significant intercepts include:* GILLETT 23MERCD004 12.0m @ 1.97% Ni from 192m incl 7.90m @ 2.55% Ni from 194.1m 23MERCD023 9.00m @ 1.38% Ni from 345m incl 5.98m @ 1.84% Ni from
Slide 14: Widgie
Mt Edwards Nickel Project Widgie 3 For personal use only Thick intercepts of high-grade Nickel Sulphide and PGE mineralisation • Significant intercepts:* 23MERCD073 15.47m @ 3.17% Ni, 0.27% Cu, 0.04% Co, 1.51g/t 3PGE from 301.00m incl 6.81m @ 5.92% Ni, 0.50% Cu, 0.07% Co, 2.58g/t 3PGE from 309.66m 2
Slide 15: Widgie is unlocking significant value across two in-demand critical minerals
Widgie is unlocking significant value across two in-demand critical minerals For personal use only Early revenue opportunity Scoping Study contemplates from fast-track lithium production substantive nickel mining operation operation set to crystalise with a standalone concentrator. value in the near
Slide 16: For personal use only
For personal use only Level 4, 220 St Georges Tce, Perth, WA 6000 +61 8 63817250 info@widgienickel.com.au ASX: WIN WIDGIENICKEL.COM.AU ASX: WIN WIDGIENICKEL.COM.AU 16
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