Gibb River Diamonds Limited · ASX:GIB
Gibb River Diamonds — Shareholder Meeting (November 2019)
24 slides from Gibb River Diamonds's shareholder meeting presentation, Nov 5, 2019
Slide 1: Gibb River Diamonds at the Blina Diamond Project
GIBB RIVER DIAMONDS | — _ © at the Blina Diamond Project \ Western Australia vs 4 | 4 “Se a DB. , Investor Presentation 1 Le ? A > AGM November 2019 3 e Ps RS a tag ASX Code: GIB
Slide 2: Blina Diamond Project
Blina Diamond Project Kimberley, Western Australia Northern \ Territory | \ Queensland \ \ Geraldtor "" Kalgoorlie he perthi i “. South ‘Australia Sydney. as \\Canberrae WN" victoria *+,, @Melbouri Brisbane: New South Wales . 4 Hobart) **. Tesmana ge y GIBB RIVER DIAMONDS Blina Diamond ‘\ Kununurra
Slide 3: Alluvial channels with diamonds sourced from the E9 mine
Alluvial channels with diamonds sourced from the E9 mine 3
Slide 4: Multiple diamond bearing channels over 35km of strike
Multiple diamond bearing channels over 35km of strike 4
Slide 5: Cut 1 Trial Mining, Blina Alluvials
Cut 1 Trial Mining, Blina Alluvials 5
Slide 6: Blina Project diamonds
Blina Project diamonds Fancy All stones are heavier than Yellow diamond from Blina 6
Slide 7: E9 mine – source of the Blina alluvial diamonds
• • • E9 mine – source of the Blina alluvial diamonds 7
Slide 8: How potholes concentrate diamonds
How potholes concentrate diamonds Jim Richards, mining Auchas Diamond Mine, Namibia: diamonds from potholes in Pothole sequence Guyana, 1991 8
Slide 9: The Target: High grade diamond trap sites
The Target: High grade diamond trap sites (Image of Cuango River diamond rush, Angola 1992) CUAN; GO kivieg Lower:Grade Terrace LowerGrade Terrace
Slide 10: Latest Ground Penetrating Radar (GPR)
Latest Ground Penetrating Radar (GPR) is the best way to target these trap sites 2002 Recent Old GPR New GPR Technology: Technology: Previous GIB Survey Blina Survey
Slide 11: New GPR has found hundreds of new high grade targets
New GPR has found hundreds of new high grade targets INTERPRETED GEOLOGY Channel 1 Channel 2 170 120 -— 170m f— 120m — ¢ y) al, ree Cy GEOLOGY LEGEND Recent[| | Pindan Sand: nindblown sand and cay od B86 ] Buk Sample Pit 1 Sediments: as, sits & sands wih ater n planes (cphm’ = carats per hundred met
Slide 12: GPR defined channels
GPR defined channels M&2) with average diamond grade of 6.8 cohms GPR defined, diamond bearing channels (blue) ready for testing of bonanza grade targets T 8 063 000mN i 683 000mE 687 000mE = A : N Gravel Target 500m LEGEND AreaA MaAmnGs <> Channels 1 and 2 Bs4O Bulk Sample Pit Ti cphm’ Carats per h
Slide 13: New GPR bonanza grade targets
New GPR bonanza grade targets (red dots) In diamond bearing channels - To Be Tested LEGEND @ — Proposed Bulk Sample Site [= Granted Tenement T5¢ GIB Trench === Access Track Sand Dune —— GPR Surface Trace _) Pastoral Bore Zone cphm’ Carats per hundred cubic metres Bulk Sample Targets - North MapArea
Slide 14: include excellent bedrock trap-sites
include excellent bedrock trap-sites 14
Slide 15: Who are Gibb River Diamonds?
Who are Gibb River Diamonds?
Slide 16: Executive Chairman
Executive Chairman Non-Executive Non-Executive Director & Company Director Secretary Mark Thompson Grant Mooney 16
Slide 17: We are an ASX listed diamond mine development company
We are an ASX listed, y/N diamond mine development company WV ASX Code: GIB Market Capitalisation (undiluted at $0.03 $5.4M Jim Richards 35,349,735 19.7 per share) Other Directors 14,540,555 8.1 Cash on Hand $1.1M Kesli Chemicals 12,944,941 6.9 (30 Sept 2019) : : Sir Ron Brierley 8,792,526 4.9 Share
Slide 18: Blina & alluvial diamond mining
Blina & alluvial diamond mining Shallow, simple & low cost
Slide 19: Blina alluvial mining is free-dig, shallow, simple & low-cost
Blina alluvial mining is free-dig, shallow, simple & low-cost And the Project is fully permitted - ‘Shovel ready’ Targets Phase 1: Phase 2: gravels only Commission plant Trial mining of 0.3 to 6 & commence bulk — best grades metres deep een one Blina Diamonds NL mining alluvials in 2007 19
Slide 20: Sortex Machine twin screen
twin Sortex screen Machine unit 20
Slide 21: With a 2020 timeline to our goals of bulk sample diamond recovery and Trial Mining
With a 2020 timeline to our goals of bulk sample diamond recovery and Trial Mining Month 2020 Feb-April Mar-May June/Jul/Aug Sept onwards Activity Raise capital Build Camp, waterbore, sheet roads, construct Tailings Storage Facility, siteworks, ROM pad Construct and commission Plant, recover diamond
Slide 22: We need working capital to commence diamond recovery operations
We need working capital to commence diamond recovery operations $2.5 million to commission plant & conduct four CAPEX OPEX Total months bulk sampling diamond recovery work on 100 samples This can be raised as equity in shares, project equity or debt A$ 1,000,000 A$ 1,500,000 A$ 2.5 million Blina Pro
Slide 23: Disclaimer
Disclaimer PLN This presentation is an overview of the Company prepared with good intention. It is not a prospectus and offers no securities for subscription or sale in any jurisdiction, nor a securities recommendation. All information necessary for investment decisions is not contained herein and i
Slide 24: gibbriverdiamonds.com
gibbriverdiamonds.com ASX Code: GIB
Gibb River Diamonds — Shareholder Meeting (November 2019) on 6ix