Gateway Mining Limited · ASX:GML
Gateway Mining — Investor Presentation (September 2021)
26 slides from Gateway Mining's investor presentation, September 2021
Slide 1: A CLEAR pathway to RESOURCE growth and DISCOVERY success
A CLEAR pathway to RESOURCE growth and DISCOVERY success • Gidgee Gold Project – emerging high-grade gold camp • Update to current 240koz Resource in progress • Exploration accelerating across multiple new target areas Investor Update | September 2021 | Mark Cossom, Managing Director 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Forward Looking Statements ▪ This presentation has been prepared by Gateway Mining Ltd (GML). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third par
Slide 3: Building the next significant gold camp in WA’s Murchison
Building the next significant gold camp in WA’s Murchison TIER-1 LOCATION ▪ 1,000km2 Gidgee Gold Project, 800km NE of Perth IMPENDING ▪ Upgrades to existing 240,000oz1 Resources RESOURCE GROWTH underway ▪ Maiden Resources due for Evermore and Achilles- Airport (oxide) STRONG ▪ High-grade discoveries
Slide 4: The opportunity in the region
The opportunity in the region 4
Slide 5: The emerging gold play in the Murchison District
The emerging gold play in the Murchison District Systematic approach to discovering and growing Resources within the Company’s single major project at Gidgee: 1. Extension of existing Resources from 1990’s oxide open pit mining: ▪ Montague-Boulder and Whistler – 240,000oz Inferred Resource to be ext
Slide 6: Montague Granodiorite Dome – Classic WA Goldfields System
Montague Granodiorite Dome – Classic WA Goldfields System ▪ Analogous to several major gold camps in the WA goldfields: ▪ ~9km long major gold-rich shear zone along the western margin of the Granodiorite Dome ▪ Highly prospective Eastern Margin not explored – Howards/Kashmir ▪ Majority of previous d
Slide 7: What has been our recent focus?
What has been our recent focus? 7
Slide 8: Current Work
Current Wo Palos eb payer 754000me 756 000mE 788,000me ’ ’ ’ ' i i z . Ps z 8 he = A LEGEND $ peeauena Mier... SF — ‘Gages tenements g -F @ © sec tines DRLUING >50m MAX GOLD (o/) Flametree © > totAu © 1-3gtau © 08-19nAu © 03-05qrAu © 01-0301Ay + <QlgtAy i cEoLoey z_ Gronociorte 3 Fe toncite < abbr M
Slide 9: Montague Resource Upgrade – Successful In-fill and Additions
Montague Resource Upgrade – Successful In-fill and Additions ▪ Current 120,000oz Inferred Resource1 ▪ Located on granted Mining Lease ▪ Approximately 5,000m of RC drilling completed since July 2020 ▪ Exceptional results returned: ▪ GRC588: 6m @ 6.2g/t Au from 96m (HG Shoot) ▪ GRC591: 3m @ 9.0g/t Au
Slide 10: New Resources – Evermore Discovery
New Resources – Evermore Discovery ▪ New high-grade discovery in October 2020 ▪ Similar geology to Montague-Boulder ▪ ~11,200m of RC and diamond drilling completed since discovery ▪ High-grade mineralisation in multiple hosts: ▪ GRC550: 15m @ 3.0g/t Au from 104m and ▪ 10m @ 9.2g/t Au from 140m ▪ GRC
Slide 11: New Resources – Achilles North
New Resources – Achilles North ▪ Oxide gold discovery made by Gateway in 2019 ▪ Located on a granted Mining Lease ▪ Systematically RC drilled 400m along strike from Rosie pit ▪ Near surface, high-grade oxide results include : ▪ GRC507: 14m @ 1.0g/t Au from 3m ▪ GRC508: 7m @ 2.5g/t Au from 61m & 6m @
Slide 12: New Resources – Airport
New Resources – Airport ▪ Shallow high-grade oxide discovery drilled by Gateway in 2002 ▪ Flat-lying zone approximately 20-30m below surface ▪ Located on granted Mining Lease ▪ Near surface, high-grade oxide results include: ▪ GRB1231: 20m @ 15.6g/t Au from 25m ▪ GRC015: 17m @ 14.7g/t Au from 30m ▪
Slide 13: Recent Field Activities
Recent Field Activities ▪ 22,000m air-core program recently completed ▪ Plymouth ▪ Achilles South ▪ Julias ▪ Samples submitted, assays pending ▪ Ground gravity survey – western tenement group ▪ Preparation for RC drilling: ▪ Evermore northern extension ▪ Achillles northern extensions 13
Slide 14: What’s next?
What’s next? 14
Slide 15: Upcoming Work
Upcoming Wo 74,000mE 1786,000mE 758,000me 1 1 T 748,000mE 750,000mE 1752,000mE LEGEND —— Giagee tenements Historic Mineshott DRILLING >50m MAX GOLD (g/t) > agi Au 1 Sait Av 05-IgtAu 03-05 ot Au 0.1 0.39! Au <O.lgt Au Geolocy Granocirile 5 Tonite Gabere Matic Volcanic Sedimentary Conglomerate Sedimen
Slide 16: The Next Generation – Kashmir
The Next Generation – Kashmir ▪ Major 2.5km-long gold-in-soil anomaly defined by Gateway 2019-2020 ▪ Directly along strike of 204koz Howards Resource (ASX : HRN) ▪ Located on unexplored Montague eastern margin ▪ First-pass wide-spaced RC testing in 2020 intersected high grade gold: ▪ GRC520: 2m @ 7.
Slide 17: The Next Generation – Monarch
The Next Generation – Monarch ▪ Major gold-in-soil anomaly defined by Gateway over 5.8km strike ▪ Associated with significant historical workings ▪ Next to no previous exploration – 5 shallow (>50m) deep RC holes in 1985 ▪ Gateway surface rock ship sampling up to 18.7g/t Au ▪ In-fill soil sampling a
Slide 18: 12 Month Target Pipeline
12 Month Target Pipeline ▪ 1 Woodley – Extensive alluvial gold workings, with soil anomaly ▪ 2 Season Well – Interpreted blind granodiorite intrusion ▪ 3 Whistler Nose – Continuation of Whistler mineralisation around granodiorite nose ▪ 4 Rosie East – Extensive zones of granodiorite hosted gold mine
Slide 19: Overall strategy
Overall strategy 19
Slide 20: Regional Opportunities
Regional Opportunities ▪ Gateway has demonstrated a willingness to be commercial ▪ Accumulated 1,000km2 tenure through a series of deals ▪ Divested non-core projects and amassed ~$1.5m listed shares* ▪ “Middle” Murchison greenstones fragmented ownership ▪ Gateway has emerged as a major regional land
Slide 21: Gidgee Pathway to Resource Growth
Gidgee Pathway to Resource Growth TARGET DRILL RESOURCE MINERAL GENERATION TESTING DEVELOPMENT RESOURCES Woodley, Flametree, Season Well, Monarch, Julias, Evermore, Montague – Boulder, Whistler Nose, Plymouth, Achilles North, Whistler Rosie East, Caledonian, Kashmir, Airport Hot Diggety, Barrel Make
Slide 22: Summary
Summary 22
Slide 23: Corporate Summary
Corporate Summary CAPITAL STRUCTURE ASX Ticker GML Shares on issue 1,903,635,600 Executive Performance Options 32,000,000 Cash balance as at 30 June 2021* $3.57M Share Price $0.017 Market Capitalisation $32.4M * Does not include listed investments as at 30 June 2021 of $1.49M MAJOR SHAREHOLDERS BOAR
Slide 24: Highly Successful and Experienced Leadership Team
Highly Successful and Experienced Leadership Team ▪ Executive Director since October 2019 Mark Cossom ▪ 24-year experienced geologist with a background in gold exploration, mine geology and corporate management Managing Director ▪ Former General Manager - Geology & Exploration at Doray Minerals Ltd
Slide 25: Key Investment Takeways
Key Investment Takeways LOCATION ▪ Significant land-holder in a Tier-1 gold mining district RESOURCES ▪ Existing 240,000oz1 Inferred Mineral Resource around historic open pits ▪ Resource upgrades pending in Q4 2021 GROWTH ▪ Large gold system with clear potential for multiple sizeable deposits ▪ Exci
Slide 26: Thank you . Questions.
Thank you . Questions. Investor Update | September 2021 | Mark Cossom, Managing Director 26
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