Win Metals Ltd · ASX:WIN
Win Metals — Widgie Nickel — Shareholder Meeting (November 2022)
11 slides from Win Metals's shareholder meeting presentation, Nov 25, 2022
Slide 1: Annual General Meeting 25 November 2022
For personal use only Annual General Meeting 25 November 2022 Mt Edwards Headframe (c1976) www.widgienickel.com.au Picture: Jim Reeve
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Widgie Nickel Limited (“WIN” or the “Company”) to assist in informing interested parties about the Company. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an i
Slide 3: Our inaugural Year - substantial progress on many fronts
Our inaugural Year- substantial progress on many fronts • Listing 22 September 2021 For personal use only • Commence RC drilling November 2021 • Commence diamond drilling January 2022 • Inco Boundary maiden resource declared March 2022 • EM survey Widgie West/ South completed May 2022 • Gillett Nort
Slide 4: Inco Boundary
Inco Boundary Large lower grade mineralization, ample opportunity to grow For personal use only • Last mineralized body drilled but not defined • Low grade in nature but much larger if applying a lower grade cut ie @1% Ni 464,000t @1.2%Ni (5,590tNi) @0.5% Ni 2,790,000t @0.84%Ni (23,037tNi) • Adjacen
Slide 5: EM survey identifies new targets
EM survey identifies new targets • Pipeline of projects at various stages of development evolving For personal use only • Preliminary EM survey defines new high order conductors • Coincident with isolated massive sulphide occurrences • Exploration to be undertaken in the year ahead 5
Slide 6: Exploration Success - Widgie South
Exploration Success - Widgie South Opportunity for resource growth after excellent exploration success from recent drilling. For personal use only • Gillet North success extends mineralised corridor further towards Widgie Townsite resource. • Planned production centre #2 - long life and scale potent
Slide 7: High-Grade Lithium Discovery - Faraday
High-Grade Lithium Discovery- Faraday Multiple high-grade lithium bearing pegmatites from rock chip sampling unlocks another avenue of growth For personal use only Key Facts • Rock chip sampling at the Faraday prospect identified high-grade lithium bearing pegmatites over a 0.6-kilometre strike exte
Slide 8: Faraday Outcrop
Faraday Outcrop For personal use only Spodumene 8
Slide 9: Armstrong – Major advances made towards mining
Armstrong– Major advances made towards mining Scoping study and resource upgrade. Pivotal step towards self funding aspirations For personal use only • Two mining methods considered • Top Down Open stoping 500kt @1.9% • Bottom Up with fill 560kt @1.9% • FCF @ spot $22,000/0.63USD/AUD $67- 69M, max d
Slide 10: The on-ground activity continues…
The on-ground activity continues… For personal use only • Infill drilling continues at Widgie Townsite, Gillett, Widgie 3, Munda. 132N to commence in the New Year. Faraday may increase drill requirements in New Year • Resource Re-estimation Gillett and Munda to come • Contractor laying pipe now for
Slide 11: A WINner with Widgie!!
For personal use only A WINner with Widgie!! www.widgienickel.com.au ASX: WIN L4 220 St Georges Terrace Perth WA 6000 11