Wia Gold Limited · ASX:WIA
Wia Gold — Investor Presentation (March 2024)
28 slides from Wia Gold's investor presentation, Mar 21, 2024
Slide 1: Transformational Kokoseb Gold Discovery
For personal use only TRANSFORMATIONAL KOKOSEB GOLD DISCOVERY MARCH 2024 ASX: WIA
Slide 2: Disclaimer
Disclaimer General Information and Disclaimer in the forward- looking statements, including, without costs and timing for WiaGold’s activities and such other limitation: inherent uncertainties and risks associated with assumptions as set out herein. This presentation has been prepared for the purpos
Slide 3: Rapidly advancing the major Kokoseb gold discovery
Rapidly advancing the major Kokoseb gold discovery Driving substantial value growth via the drill bit Kokoseb Gold Project, Namibia For personal use only Maiden Inferred MRE of 1.3 Moz at 1.0 g/t Au (0.5 g/t cut-off) delivered at low US$2/oz definition cost1 Aggressive follow-up growth drilling set
Slide 4: Board and key management
Board and key management Experienced leadership team with a track record of success Andrew Pardey Steven Michael Mark Arnesen For personal use only Non-Executive Chair Non-Executive Director Non-Executive Director Currently Managing Director at Predictive Discovery, Steven is the Managing Director o
Slide 5: Corporate snapshot
Corporate snapshot ASX: WIA Capital Structure Register Composition For personal use only Share price (A$/share)1 0.072 19.9% Total shares on issue (M)2 921 Capital DI Limited: 19.9% Options (M)2 65 BPM Capital Limited: 9.6% 57.9% 9.6% JP Morgan Nominees: 5.2% Market cap (A$M, undiluted) 66.3 5.2% Jo
Slide 6: Transformational Kokoseb gold discovery
Transformational Kokoseb gold discovery Delivered just eleven months from discovery hole Inferred Mineral 1.3 Moz at 1.0 g/t Au For personal use only Resource Estimate at 0.5 g/t cut-off1 • Maiden MRE includes higher-grade 0.72 Moz at 1.5 g/t Au (at 1.0 g/t cut-off) • MRE informed by 12 diamond and
Slide 7: Readily open-pittable gold mineralisation
Readily open-pittable gold mineralisation Plus-90% gold recoveries under conventional process coupled with solid MIK MRE • MRE covers cumulative 2.9km strike For personal use only and maximum depth of approx. 290m (limited only by current drilling) • Outcropping mineralisation, with max. of 2m cover
Slide 8: Strong continuity of mineralised shoots from surface
Strong continuity of mineralised shoots from surface Southern and Western Zones in long section For personal use only • Coherent mineralised shoots repeating along strike, e.g. Southern1 and Western Zones2 • Mineralisation wide open along strike and at depth 1. Results from the Southern Zone, refer
Slide 9: Continuous mineralisation now defined over 4.9km strike
Continuous mineralisation now defined over 4.9km strike Post-MRE drilling substantially grown mineralised footprint For personal use only Kokoseb deposit, looking down towards the northwest, showing modelled mineralised zones A TRANSFORMATIONAL GOLD DISCOVERY 9
Slide 10: A very large mineralised system
A very large mineralised system Kokoseb footprint comparable to major Namibian operating gold mines and projects 1 2 1 Kokoseb Gold Deposit: For personal use only 1.3 Moz at 1.0 g/t Au (at 0.5 g/t cut-off)1 2 Otjikoto Gold Mine: 1.4 Moz at 1.5 g/t Au (at 0.4 g/t cut-off, within a US$1,350/oz Au pit
Slide 11: Ongoing growth drilling to drive substantial MRE uplift
Ongoing growth drilling to drive substantial MRE uplift Rapidly uncovering scale extent of Kokoseb, wide open along strike and at depth • Four drill rigs active at site, two For personal use only diamond and two RC • Targeting substantial MRE increase during Q2 2024 • Major growth via shallow strike
Slide 12: Extensional drilling success at the Gap Zone
Extensional drilling success at the Gap Zone Mineralised strike of 1,000 meters to be added in next Mineral Resource update • Gap Zone and Northern Zone For personal use only were not included in the MRE due to wide spaced drilling at the time • Extensional drilling underway returns better results t
Slide 13: Namibia is a well-recognised mining jurisdiction
Namibia is a well-recognised mining jurisdiction Mining represents 10% of Namibian GDP and is its leading economic sector1 For personal use only Long established Excellent Recognised local Politically mining history infrastructure asset value stable Significant producer of Benefiting from Twin Hills
Slide 14: Strategic exploration pipeline
Strategic exploration pipeline A portfolio of high-quality projects at various stages on the advancement horizon For personal use only Ore Reserves drilling Close-spaced infill drilling and detailed study work Indicated resources drilling RC and/or diamond drilling on infill grids; start of specific
Slide 15: Côte d'Ivoire project portfolio
Côte d’Ivoire project portfolio Strategically located blocks A. Mankono Project For personal use only Mankono Quest permit granted, five additional permits under application. Two extensive gold anomalies defined1 B. Bouaflé Project A Mankono Project Bouaflé Sud and Bouaflé Nord permits granted, plus
Slide 16: A story of significant exploration success
A story of significant exploration success Multiple gold mineralised trends identified at Issia and Bouaflé Significant air core drilling intercepts at the Bouaflé Project For personal use only included: • 12m at 1.21 g/t Au1 • 7m at 1.16 g/t Au1 • 9m at 2.63 g/t Au1 • 20m at 1.71 g/t Au2 • 4m at 6.
Slide 17: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only WIA: ASX Transformational Growth drilling to Straightforward Established, well Strategic Kokoseb gold drive substantial metallurgy and recognised mining exploration discovery targeted MRE uplift process route jurisdiction project pipeline Maiden MRE 1.3 Mo
Slide 18: Contact details
For personal use only Contact details Level One 130 Hay Street, Subiaco WA 6009 Australia E: info@wiagold.com.au
Slide 19: Appendix A: Kokoseb MRE
Appendix A Kokoseb MRE Cut off Tonnes Au Au For personal use only (Au g/t) (Mt) (g/t) (Moz) 0.10 100 0.57 1.8 0.20 76 0.69 1.7 0.30 63 0.79 1.6 0.40 51 0.89 1.5 0.50 41 1.0 1.3 0.60 34 1.1 1.2 0.70 28 1.2 1.1 0.80 23 1.3 0.96 0.90 18 1.4 0.81 1.00 15 1.5 0.72 1. Refer to ASX announcement 15 May 2023
Slide 20: Appendix B: Under explored gold belt in Namibia
Appendix B Under explored gold belt in Namibia For personal use only • Located in northwest Namibia, 320km by road from the capital Windoek • Deposit resides in Okombahe exploration licence (WIA 80%), a JV with state-owned mining company, Epangelo • Okombahe licence is part of WIA’s large Damaran Pr
Slide 21: Appendix C: Straightforward metallurgy and process
Appendix C Straightforward metallurgy and process Pegmatites, mineralised on contacts and For personal use only sediments enclaves • Preliminary metallurgical test work completed on two samples composited from RC bulk samples in fresh sulphide material1 Sediments, strong silica- chlorite-sulphides a
Slide 22: Appendix D: Namibian Assets Joint Venture Terms
Appendix D Namibian Assets Joint Venture Terms For personal use only Epangelo Mining Company (includes the Joint Venture Parties Kokoseb Gold Discovery) and Kongom Group1 Stage 1 and Stage 2 WIA earns 80% interest in Epangelo (complete) Licences Minorities free carried to DFS (Epangelo) Stage 3 or D
Slide 23: Appendix E: Côte d'Ivoire Joint Venture Terms
Appendix E Côte d’Ivoire Joint Venture Terms Predictive Discovery (ASX:PDI) and West Joint Venture Parties African Venture Investments (WAVI) For personal use only A$150k upon granting of exploration Stage payments licences Earn 80% Joint Venture interest by Stage 1 meeting minimum expenditure commi
Slide 24: Appendix F: Mankono Project, Côte d'Ivoire
Appendix F Mankono Project, Côte d’Ivoire For personal use only • Mankono Quest permit granted, five additional permits under application • Area encompasses several major regional shears of the Banfora-Dalona greenstone belt over >75km of strike • Along strike of the Abuhar gold Project and (Tietto
Slide 25: Appendix G: Bouaflé Project, Côte d'Ivoire
Appendix G Bouaflé Project, Côte d’Ivoire • Bouaflé Sud and Bouaflé Nord permits granted, with For personal use only one additional under application • Bouaflé Sud is located 35km from the Yaouré gold mine (1.6Moz at 1.8 g/t gold1, Perseus) • Significant +17km mineralised shear zone in Bouaflé Sud1,
Slide 26: Appendix H: Bocanda Project, Côte d'Ivoire
Appendix H Bocanda Project, Côte d’Ivoire For personal use only • Bocanda Nord, Bocanda permit granted • Bocanda Permits located on the Ouango-Fitini shear system, which is the southern extension of the Houndé greenstone belt in Burkina Faso • Initial stream sediment sampling across the Bocanda gran
Slide 27: Appendix I: Issia Project, Côte d'Ivoire
Appendix I Issia Project, Côte d’Ivoire • Issia permit granted, with one additional permit under For personal use only application • Several zones of artisanal gold mining identified along strike and spodumene rich pegmatites mapped • Regional stream sediment sampling survey complete A Mankono Proje
Slide 28: For personal use only
For personal use only