Golden Mile Resources Ltd. · ASX:G88
Golden Mile Resources — Investor Presentation (May 2023)
14 slides from Golden Mile Resources's investor presentation, May 9, 2023
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement ASX: G88 9 May 2023 Investor Presentation Golden Mile Resources Ltd (“G88” or “the Company”) provides the attached investor presentation to provide an update on progress at the Quicksilver Nickel-Cobalt (“Quicksilver”) project. The Quicksilver project is quickly evolving into an exc
Slide 2: About Golden Mile Resources Ltd
ASX Announcement ASX: G88 About Golden Mile Resources Ltd Golden Mile Resources Ltd (Golden Mile; ASX: G88) is an ASX listed, Western Australian based, resource company with a focus on nickel, copper and lithium. The 100% owned Quicksilver Ni-Co Project, located about 300km southeast of Perth, has a
Slide 3: Unlocking value from our Quicksilver Project
Unlocking value from our Quicksilver Project ASX: G88 May 2023 The information in the presentation is bound by the included Disclaimer 1
Slide 4: Disclaimer
Disclaimer This presentation contains summary information about Golden Mile Resources Limited (Golden Mile or the Company). The information in this presentation is of general background and does not purport to be complete. Forward looking statements Competent persons statement This presentation may
Slide 5: District – surrounded by significant infrastructure
District – surrounded by significant infrastructure Western Australia – Unparalleled Jurisdiction Road Quicksilver accessible by sealed roads Rail Spur line runs from Hyden, via Lake Grace to Wagin, directly past Quicksilver Port Four Ports all within ~300km of Quicksilver Power Grid power is in pla
Slide 6: Deposit – a unique clutch of critical minerals
Deposit – a unique clutch of critical minerals Resource1 Open • 26.3Mt @ 0.64% Ni & 0.04% Co* • 168,500 metal tonnes Nickel, 11,300 tonnes Cobalt * Cut off grade >0.5% Ni or >0.05% Co Significant Rare Earth Elements2 potential confirmed • Highlight: 4m @ 3,295 ppm TREO Open (including 1m @ 7,915ppm
Slide 7: Metallurgy – unlocking the minerals
Metallurgy – unlocking the minerals Industrial Aggregates • Highlight: 0.2-0.4% Ni, Si rich1 Rejection • Requires scrubbing and screening Three primary saleable products Fe-Ni-Cr Concentrate STAGE 2 • Highlight: 56.5%1 Fe concentrate from upper saprolite identified with mechanical, METALLURGY • Requ
Slide 8: Stage 3 Metallurgical Testwork Programme
Stage 3 Metallurgical Testwork Programme Developing the mechanical, low energy, multi-product flowsheet Bulk Density Testwork Assay interval sample preparation and analysis Scrubbing and product size by assay Magnetic separation, cyclone and other testing REE benchtop ionic leach testwork REE bench
Slide 9: Further leverage to mining
Further leverage to mining Free Dig • No drill and blast required for Lower Opex efficient load and haul Minimal Infrastructure • Simple workshops for load and haul fleets Lower Capex • No surface magazines Schedule Flexibility • Multi product streams allow schedule leverage to Improved Value fluctu
Slide 10: Pathway to Scoping Study
Pathway to Scoping Study Targeted pit shell analysis Optimise infill drill programme Scoping Study Pre-work Drill programme budget Drill programme scope and spec. Drill contractor selection Technical assessment budgets Cost modelling budget Financial modelling budget Infrastructure assessment budget
Slide 11: More than just Quicksilver
More than just Quicksilver Our goal is to discover and develop value accretive projects Achieved through a financially prudent approach to: Golden Mile Resources Project Locations • Progressing the technical understanding of Quicksilver with planned progression to studies • Prudent use of resources
Slide 12: Project development focus
Project development focus Experienced team, leveraged to exploration success ASX Symbol G88 Major Shareholders (9 March 2023) % Shares on Issue 263,432,239 Apertus Capital Pty Ltd 5.69 Share Price $0.021 (at 4 May 2023) Rogue Investments Pty Ltd 5.31 Market Cap $5.53 million Mrs Luye Li 3.18 Cash 31
Slide 13: Building a sustainable, clean future
Building a sustainable, clean future 100% owned Quicksilver clay hosted Nickel-Cobalt Well positioned with excellent local infrastructure – Project comprising ~50km2 in area grid power, sealed roads, railway to key ports Significant mineral resources Likely REE and Sc endowment – potential for value
Slide 14: Thank you
Thank you The information in the presentation is bound by the included Disclaimer 12
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