Gateway Mining Limited · ASX:GML
Gateway Mining — Investor Presentation (February 2019)
27 slides from Gateway Mining's investor presentation, Feb 12, 2019
Slide 1: Creating value from advanced gold exploration in WA
ASX: GML ■ Consolidation of well-endowed Gidgee gold tenure in WA ■ Never exposed to modern exploration techniques ■ Targeting further shallow oxide discoveries and barely-tested potential at depth Creating value from advanced gold Resource Rising Stars exploration in WA Peter Langworthy – February
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: Important Notice and Disclaimer – Competent Person Statement
Important Notice and Disclaimer Competent Person Statement ■ The information in this report that relates to Exploration Results or Mineral Resources is based on information compiled or reviewed by Mr Peter Langworthy who is a full-time employee of Gateway Mining Ltd and is a current Member of the Au
Slide 4: Corporate and Management
Corporate and Management CAPITAL STRUCTURE BOARD OF DIRECTORS ASX Ticker GML Corporate Advisor holding qualifications in Finance, Financial Trent Franklin – Non- Planning and Insurance Broking. Trent also holds a BSc Degree Exec Chairman Shares on Issue 918,095,994 (Geology/Geophysics) from the Univ
Slide 5: Gidgee Gold Project – Cornerstone Asset
Gidgee Gold Project – Cornerstone Asset ■ Large-scale gold system in a well-endowed gold region ■ Gum Creek Greenstone Belt (~2Moz) ■ Virtually untested by modern exploration ■ Little deep testing beneath shallow oxide gold deposits ■ 150koz mined 1980’s ■ Strong indications of high-grade mineralisa
Slide 6: Gidgee Gold Project – Corporate Strategy
Gidgee Gold Project – Corporate Strategy ■ Building a strong free milling gold resource base to consolidate recent drilling success ■ Advance greater opportunities across entire project ■ Resource Evaluation à Target Generation ■ Large component of drilling (RC, diamond and aircore) ■ Systematically
Slide 7: The Opportunity – Prospective Large-scale Gold System
The Opportunity – Prospective Large-scale Gold System ■ Major structural corridors ■ Widespread shallow oxide mineralisation ■ Historical open pit mining (150Koz) ■ Drilling database ■ Strong indications of high- grade mineralisation ■ Limited drilling at depth ■ Target contact on margin of Montague
Slide 8: Resource Evaluation – Whistler and Montague Gold Deposits
Resource Evaluation – Whistler and Montague Gold Deposits ■ Whistler and Montague recognised as major resource growth opportunities in the short term. ■ Assess potential for cut-backs on the historical open pits. ■ Assess potential for underground development on high-grade gold mineralisation. ■ Ear
Slide 9: Resource Evaluation – Whistler and Montague Gold Deposits
Resource Evaluation – Whistler and Montague Gold Deposits ■ Whistler and Montague recognised as major resource growth opportunities in the short term. ■ Assess potential for cut-backs on the historical open pits. ■ Assess potential for underground development on high-grade gold mineralisation. ■ Ear
Slide 10: Whistler – Resource Evaluation and Growth Strategy
Whistler – Resource Evaluation and Growth Strategy ■ Thick, coherent gold mineralization beneath pit ■ Strong high-grade component ■ Exceptional drilling results over last 12 months: December 2018 April-June 2018 ■ 21m @ 5.30g/t Au ■ 27.7m @ 4.0g/t Au (incl. 15(6.5)) ■ 15m @ 4.51g/t Au ■ 2.8m @ 79.2
Slide 11: Whistler – Resource Evaluation and Growth Strategy
Whistler – Resource Evaluation and Growth Strategy ■ Thick, coherent gold mineralization beneath pit ■ Strong high-grade component ■ Exceptional drilling results over last 12 months: December 2018 April-June 2018 ■ 21m @ 5.30g/t Au ■ 27.7m @ 4.0g/t Au (incl. 15(6.5)) ■ 15m @ 4.51g/t Au ■ 2.8m @ 79.2
Slide 12: Whistler – Resource Evaluation and Growth Strategy
Whistler – Resource Evaluation and Growth Strategy ■ Thick, coherent gold mineralization beneath pit ■ Strong high-grade component ■ Exceptional drilling results over last 12 months: December 2018 April-June 2018 ■ 21m @ 5.30g/t Au ■ 27.7m @ 4.0g/t Au (incl. 15(6.5)) ■ 15m @ 4.51g/t Au ■ 2.8m @ 79.2
Slide 13: Whistler – Resource Evaluation and Growth Strategy
Whistler – Resource Evaluation and Growth Strategy ■ Major opportunity to expand deposit beyond current resource focus: ■ Open in all directions ■ Strike extensions ■ High-grade underground resource target ■ Parallel structures ■ Diamond drilling to commence in February See ASX announcements dated 1
Slide 14: Montague – Resource Evaluation and Growth Strategy
Montague – Resource Evaluation and Growth Strategy ■ Recent RC drilling confirms major mineralised structure in immediate base of open pit. ■ Follow-up drilling to expand mineralisation prior to resource estimation about to commence. ■ Part of a ~3km highly prospective contact zone that is largely u
Slide 15: Montague – Resource Evaluation and Growth Strategy
Montague – Resource Evaluation and Growth Strategy ■ Recent RC drilling confirms major mineralised structure in immediate base of open pit. ■ Follow-up drilling to expand mineralisation prior to resource estimation about to commence. ■ Part of a ~3km highly prospective contact zone that is largely u
Slide 16: Montague – Resource Evaluation and Growth Strategy
Montague – Resource Evaluation and Growth Strategy ■ Confirmation of significant gold mineralised system ■ Open down-dip and along strike to the north and south ■ High-grade domains ■ Expand mineralisation footprint ahead of maiden resource ■ Preliminary met-testwork ■ Drilling results include: ■ 5m
Slide 17: Montague – Resource Evaluation and Growth Strategy
Montague – Resource Evaluation and Growth Strategy ■ Confirmation of significant gold mineralised system ■ Open down-dip and along strike to the north and south ■ High-grade domains ■ Multiple targets ■ “New Discovery” at depth ■ Gordon’s Lode: 4m @ 24.2g/t Au ■ Drilling results include: ■ 5m @ 11.5
Slide 18: Montague – Resource Evaluation and Growth Strategy
Montague – Resource Evaluation and Growth Strategy ■ Confirmation of significant gold mineralised system ■ Open down-dip and along strike to the north and south ■ High-grade domains ■ Multiple targets ■ “New Discovery” at depth ■ Gordon’s Lode: 4m @ 24.2g/t Au Whistler Deposit ■ Drilling results inc
Slide 19: Montague – Resource Evaluation and Growth Strategy
Montague – Resource Evaluation and Growth Strategy ■ Confirmation of significant gold mineralised system ■ Open down-dip and along strike to the north and south ■ High-grade domains sted nte ■ Expand mineralisation footprint ahead s u re 0 met of maiden resource 150 ■ Preliminary met-testwork ■ Dril
Slide 20: Exploration Opportunities – How do we realise the potential?
Exploration Opportunities – How do we realise the potential? ■ Large, connected system ■ Pipeline of exploration targets ■ Caledonian – NE Pit ■ Our Jack ■ Rosie-Airport ■ Eastern Contact ■ Systematic, integrated, well conceived programs of exploration. ■ Good quality datsets ■ Best practice executi
Slide 21: Our Jack Prospect – Extension of Montague Deposit?
Our Jack Prospect – Extension of Montague Deposit? ■ Located between Whistler and Montague ■ Geologically similar to Montague ■ Advanced target generated from recent aircore drilling program ■ 23m @ 2.03g/t Au ■ 7m @ 1.34g/t Au ■ 16m @ 1.72g/t Au ■ Granite stockwork and contact targets ■ Open in all
Slide 22: Caledonian – One large gold system?
Caledonian – One large gold system? ■ Large, connected system ■ Remnant oxide mineralisation in base of Caledonian and NE Pits ■ NE Pit mineralisation open at depth and untested ■ High-grade C2 Target confirmed: ■ 2m @ 5.82g/t ■ 2m @ 24.6g/t ■ 3m @ 17.7g/t ■ 16m @ 1.61g/t ■ 10m @ 1.62g/t ■ Multiple
Slide 23: Rosie Airport Trend – Assessment and Targeting
Rosie Airport Trend – Assessment and Targeting ■ ~1.6km long target trend ■ Large-scale stock work zone ■ Strong high-grade component ■ Follow-up RC drilling See ASX announcements dated 8th October 2018 for results detail 23
Slide 24: Exploration Opportunities – Kashmere Prospect
Exploration Opportunities – Kashmere Prospect ■ Located on the ~10km long highly prospective Eastern Margin ■ Immediate along strike of the Howards Deposit (200koz – owned by HRN) ■ 1.8km long coincident gold-silver anomaly ■ Requires 1 pass aircore drill testing st See ASX announcements dated 2nd N
Slide 25: Gidgee – Aggressive Approach to Exploration
Gidgee – Aggressive Approach to Exploration ■ Highly successful drilling programs during 2018: ■ Whistler ■ Montague ■ Our Jack ■ Caledonian – NE Pit ■ High quality pipeline of advanced exploration targets ■ Resource estimation and evaluation processes at Whistler and Montague ■ Disciplined evaluati
Slide 26: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways ■ An outstanding growth opportunity in the WA gold sector following consolidation of the Gidgee gold tenure ■ Strong results delivered throughout 2018 ■ Focused and active resource assessment and exploration programs planned for 2019 ■ Strong management team with e
Slide 27: Creating value from advanced gold exploration in WA
ASX: GML ■ Consolidation of well-endowed Gidgee gold tenure in WA ■ Never exposed to modern exploration techniques ■ Targeting further shallow oxide discoveries and barely-tested potential at depth Creating value from advanced gold Resource Rising Stars exploration in WA Peter Langworthy – February
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