Great Western Mining Corp. Plc · LSE:GWMO
Great Western Mining — Investor Presentation (March 2020)
19 slides from Great Western Mining's investor presentation, March 2020
Slide 1: Company Presentation March 2020
Great Western Mining Corporation PLC Company Presentation March 2020
Slide 2: Disclaimer
Disclaimer Certain information contained herein constitutes forward-looking statements which can be identified by the use of forward-looking terminology such as ‘anticipates’, ‘believes’, ‘estimates’, ‘expects’, ‘intends’, ‘may’, ‘plans’, ‘projects’, ‘should’ or ’will’, or, in each case, their negat
Slide 3: Corporate Summary
Corporate Summary ➢ Great Western Mining Corporation PLC is listed in London on the AIM (GWMO) and in Dublin on Euronext Growth (8GW) ➢ The Company explores for and exploits gold, silver and copper on six separate lease areas in Mineral County, Nevada, USA, totalling 66km² ➢ The state of Nevada is a
Slide 4: Great Western – Gold, Silver, Copper in Nevada
Great Western – Gold, Silver, Copper in Nevada • Great Western’s portfolio in the appropriately named Mineral County totals 66 km² (approx 16,400 acres) • Prolific discoveries have been made in the past but topographical challenges with vintage equipment have left large areas under-explored and unde
Slide 5: Strategy
Strategy ➢ Great Western’s licences in Nevada are rich in minerals, including both base and precious metals ➢ The Company is concentrating on the exploitation of gold and silver on its properties, tracking numerous historic gold and silver mines. ➢ The Company’s strategy is to: 1. fast-track the exp
Slide 6: Immediate Priorities
Immediate Priorities ➢ Three areas have been prioritised for early recovery of precious metals – the Mineral Jackpot cluster (MJ), the Rock House group (RH) and The Huntoon Valley (HUN). o Mineral Jackpot is the collective name for five closely-linked old gold mine workings in the Black Mountain gro
Slide 7: Indicative 2020 Work Programme
Indicative 2020 Work Programme All subject to timely receipt of regulatory permits Q1 Q2 Q3 Q4 Mineral Jackpot Permit ground Trenching Report first results Report results disturbance works of spoil heap leaching of drilling Plan bulk sampling Commence bulk Drilling First gold and leaching of spoil s
Slide 8: Background: Golconda-Candelaria Fault Claims
Background: Golconda-Candelaria Fault Claims • The Golconda Thrust Fault is an extensive regional structure spanning from western to northern Nevada, providing a major pathway for hydrothermal mineralisation. • The fault is host to the Candelaria Ag-Au mining district, 20km east of Great Western’s c
Slide 9: Mineral Jackpot Gold-Silver Target
Mineral Jackpot Gold-Silver Target • Sampling of veins in former workings returned high grade gold samples including 19.1 g/t, 27.4 g/t & 95.6 g/t Au. • A 2019 soil sampling programme has more than doubled the known extent of mineralisation, identified new vein sets and linked numerous historical sh
Slide 10: Huntoon Group – M1 Gold-Copper Target
Huntoon Group – M1 Gold-Copper Target • Single RC hole drilled in 2018 • The hole was designed to test the strong Cu anomaly detected in the soil CPGW_1 27.43m @ 0.35% Cu from 35.05m sampling, assuming a dominant trend of 12.19m @ 0.23% Cu from 68.58m 10.67m @ 0.22% Cu from 138.68m NW-SE. • Best res
Slide 11: RH Group – M7 Gold-Silver-Copper Target
RH Group – M7 Gold-Silver-Copper Target • A soil and rock sampling programme undertaken in 2019 identified three new unexplored mineralised zones. • Eastern Shear Zone: 35,000m2 Au-Cu-Pb-Sb soil anomaly. Rock sampling returned 0.24 g/t NSZ Au and 0.13% Cu in a 200m intensely deformed argillised and
Slide 12: TUN Group – Gold Target
TUN Group – Gold Target • A mapping and rock sampling programme undertaken in 2019 identified multiple >2km strike length quartz veins and numerous historic adits including one with >300m drive length. • The veins are up to 2m thick and have returned assays including 9.84 g/t Au, 4.99 g/t Au and 1.2
Slide 13: Black Mountains Group – M2 Copper Target
Black Mountains Group – M2 Copper Target • Indicated and Inferred Mineral Resource, prepared in accordance with JORC guidelines. Cu bearing exploratory pit • Current total Resource of 4.3Mt @ 0.45% Cu, for 19kT of Cu metal (at Area open to a 0.20% Cu cut-off). further intersects M2_034 • The M2 Copp
Slide 14: Black Mountains Group – M2 Deep Copper Target
Black Mountains Group – M2 Deep Copper Target • Target is a deeply buried IP/resistivity anomaly within the diorite, down plunge from the current M2 oxide Cu Resource • The target could potentially extend the current M2 resource a further 500m along strike. Target M2_034 13.37m @ 0.56% Cu from 184.4
Slide 15: JS Group – M4 Copper Target
JS Group – M4 Copper Target • 3 diamond holes drilled in 2018 to test beneath outcrops of cupriferous vein and silicic alteration • One hole, M4_005, hit a large quartz-copper-carbonate breccia vein at 106.2m. The intercept comprised 43.0m @ 0.24% Cu, including 1.8m @ 0.74% Cu from 121m • The brecci
Slide 16: EM Group – M8 Eastside Copper Target
EM Group – M8 Eastside Copper Target • A mapping and soil sampling programme completed in June 2019 successfully identified intersecting mineralised fault corridors from satellite imagery. • 2 extensive NE trending graben structures host Cu enriched soil anomalies and Cu –quartz vein bearing fault b
Slide 17: Management
Management ➢ Executive Chairman – Brian Hall. Joined the board as a non-executive director in 2012 and was appointed Chairman in 2013 and Executive Chairman in 2019. Over 40 years worldwide experience in the management of natural resources companies including forming, growing and managing a London P
Slide 18: Abbreviations
Abbreviations km kilometre m metre Au gold Ag silver Cu copper Ni nickel As Arsenic W Tungsten Sb Antimony g/t grams per tonne Mt metric tonne kT thousands of metric tonnes RH Rock House group of claims MJ Mineral Jackpot group of claims HUN Huntoon Valley group of claims BM Black Mountain group of
Slide 19: www.greatwesternmining.com
www.greatwesternmining.com
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