Golden Mile Resources Ltd. · ASX:G88
Golden Mile Resources — Shareholder Meeting (November 2017)
11 slides from Golden Mile Resources's shareholder meeting presentation, Nov 28, 2017
Slide 1: AGM Presentation – November 2017
For personal use only AGM Presentation – November 2017 ASX Code : G88 www.goldenmileresources.com.au
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Golden Mile Resources Limited (“Golden Mile”) and contains For personal use only background information about Golden Mile and its related entities current at the date of this presentation. The presentation is in summary form and does not purport to b
Slide 3: Delivering Success
DELIVERING SUCCESS For personal use only Golden Mile listed in late June 2017 and, after a ‘short warm up’, has made a successful start to life on the ASX : Raised over $4 million to commence exploration – prioritised most prospective targets Discovered extensive gold mineralisation in the Leono
Slide 4: Quicksilver – New Discovery, New Terrane
QUICKSILVER – NEW DISCOVERY, NEW TERRANE Located 340 km south of Perth near the wheat belt town of Pingaring, For personal use only adjacent to rail infrastructure leading to the Port of Albany Outstanding infrastructure including roads, rail, power & water G88 targeted an extensive surface ni
Slide 5: Quicksilver – Section
For personal use only AGM Presentation - November 2017 44 metres @ 1.24% Ni, 0.08% Co from 24 metres 656,800 E 102m QUICKSILVER – SECTION 6371200 N 28 metres @ 1.10 % Ni & 0.04% Co from 52 metres (EoH) 80m Lower Saprolite 32 metres @ 0.49% Ni & 0.01% Co from 8 metres And 20 metres @ 0.51% Ni & 0.04%
Slide 6: Quicksilver Potential
QUICKSILVER POTENTIAL Exploration to date has been focussed on the ‘Garard’ Ni-Co anomaly – move to resource ‘work up’ For personal use only Regional geophysics and mapping shows additional targets along strike Additional Target Tenement covers over 15 kilometres of strike with Areas only 2 ki
Slide 7: Quicksilver – Ongoing Work Program
QUICKSILVER – ONGOING WORK PROGRAM Resource Estimation Program For personal use only RC drilling at 200 x 50 metres – some infill required Diamond drilling for metallurgical testing Deposit modelling & Resource estimation - early 2018 Exploration Program Newexco engaged to work with technical
Slide 8: Other Project Areas
OTHER PROJECT AREAS Golden Mile holds a further FIVE 100% owned project areas in the North Eastern Goldfields of For personal use only Western Australia - these projects are focussed around the Leonora Mining Centre. Ni-Co project at Minara – historical resource being revised, extensional & infill
Slide 9: Working Toward 2018
WORKING TOWARD 2018 Active work program to continue through the For personal use only Christmas and New Year period into 2017 Resource work underway on three targets: Quicksilver Ni-Co – detailed QAQC and resample underway. Minara Ni-Co – historical resource, updating to JORC 2012 Ironston
Slide 10: Capital Structure
CAPITAL STRUCTURE Equity Position For personal use only Shares on Issue: 51,825,001 Unlisted Options: 8,500,000 Market Cap (@ A$0.97): A$50 Million Cash as at 30 September 2017: A$3.8 Million Capital Structure - Notes* Top 20 @ 1 Nov 2017: 33,055,218 (63.78%) Shares available to IPO (June 2017): 22,
Slide 11: Competent Persons Declaration
COMPETENT PERSONS DECLARATION The information in this report that relates to Exploration Targets, Exploration Results, Target For personal use only Potential and Mineral Resources is based on information compiled by: Mr Timothy Putt who is a Member of the Australian Institute of Geoscientists, is an
Golden Mile Resources — Shareholder Meeting (November 2017) on 6ix