E79 Gold Mines Limited · ASX:E79
E79 Gold Mines — Resources Rising Stars-Miningnews.net Boom in a Room Investor Conference 2021
24 slides from E79 Gold Mines's conference presentation, Oct 14, 2021
Slide 1: E79 Gold Mines to present at Boom in a Room Investor Conference
ASX ANNOUNCEMENT 14 October 2021 For personal use only E79 Gold Mines to present at the Resources Rising Stars-Miningnews.net “Boom in a Room” Investor Conference West Australian-based explorer E79 Gold Mines Limited (ASX: E79) (‘E79’ or ‘the Company’) is pleased to advise that Ned Summerhayes, CEO,
Slide 2: E79 Gold Mines: Money in the Ground
For personal use only E79 GOLD MINES Money in the Ground
Slide 3: Disclaimer
For personal use only DISCLAIMER This presentation contains only an overview of E79 Gold Mines Limited(“E79" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects, may rely
Slide 4: Overview
For personal use only OVERVIEW Good management – track record of discovery and successful development • 2008 Explorer of the Year (Integra Mining) • 2010 Miner of the Year (Integra Mining) • 2020 Craig Oliver Award Winner (Stavely Minerals) Good ground – two sizeable projects in prolific ‘world- cla
Slide 5: Board and Management
BOARD AND MANAGEMENT Non-Executive Chair For personal use only Chris Cairns BSc (Hons1) Economic Geology Fellow – Australian Institute of Geoscientists (AIG) Fellow – Australian Institute of Mining and Metallurgy (AusIMM) Member – Society of Economic Geologists Ex-Integra Mining, Sino Gold, Lion Ore
Slide 6: Board and Management
BOARD AND MANAGEMENT Non-Executive Director For personal use only Peter Ironside BCom Chartered Accountant Ex-Coopers and Lybrand, Integra Mining, Extract Resources Current – Director, Stavely Minerals Company Sec, ADX Energy Chief Executive Officer Edward (Ned) Summerhayes BSc (Hons) Geology Member
Slide 7: Capital Structure
For personal use only CAPITAL STRUCTURE Shares on issue 65,074,824 Market Capitalisation $15M Cash on Hand $8.7M Enterprise Value $6.3M Board and Management Holding ~15.6% Shares on escrow 21.9% Top 20 Shareholders 43.3% “Money in the ground.”
Slide 8: Two projects in the Eastern Goldfields of Western Australia
PROJECTS Two projects in the Eastern Goldfields of For personal use only Western Australia 346 km2 of tenure in the Laverton Tectonic Zone - one of the world’s most prolific gold belts ~30Moz 337km2 of tenure in the Murchison Belt – ~30Moz of endowment “Money in the ground.”
Slide 9: Laverton South Project
PROJECTS Laverton South Project For personal use only Relative to the north-central portions of the belt, the southern portion is under-explored Resources Historical Production Endowment Meas & Ind Inf Deposit Tonnes Tonnes Tonnes Grade Ounces (kt) Grade Ounces Grade Ounces Ounces (kt) (kt) Granny S
Slide 10: Laverton South Project
PROJECTS Laverton South Project For personal use only 100% owned Lake Yindana E28/2659 JV with St Barbara in the Pinjin area (E79 earning to 51% by $310,000 expenditure, +29% for $500,000 expenditure) Recent + 1Moz discovery at Bombora Recent +1Moz discovery at Rebecca / Duchess “Money in the ground
Slide 11: Lake Yindana: First-mover opportunity
For personal use only PROJECTS Laverton South Project – Lake Yindana First-mover opportunity GSWA maps show the tenement is less prospective granite (not correct) Discouraged historic exploration – only 65 RAB drill holes, huge areas not explored “Money in the ground.”
Slide 12: Laverton South Project – Lake Yindana
PROJECTS Laverton South Project – Lake Yindana For personal use only Magnetics and recently acquired gravity clearly show that the tenement is underlain by ~25km of greenstones This is supported by the limited historic RAB drilling finding various lithologies: - Dolerite - Gabbro - Gneiss (Rebecca h
Slide 13: Lake Yindana: Multiple targets
PROJECTS Laverton South Project – Lake Yindana For personal use only Multiple targets Greenstone - ~25km long - underexplored Potential intrusions - Identified from the recent gravity - Intrusion and pressure shadows “Money in the ground.”
Slide 14: Lake Yindana: first-mover opportunity
PROJECTS Laverton South Project – Lake Yindana For personal use only Magnetics and gravity clearly show that the tenement is underlain by ~25km of greenstones Given the distinct lack of previous exploration, effectively E79 has a ‘first-mover’ opportunity: ‘…the largest deposits in any particular se
Slide 15: Laverton South Project - St Barbara JV
PROJECTS Laverton South Project - St Barbara JV For personal use only A series of tenements along strike north and south of the Anglo Saxon (Trouser Legs) Gold Mine, Pinjin Goldfield In conjunction with the Lake Yindana tenement, the tenure controls the north and south strike extensions of the Rebec
Slide 16: Laverton South Project - St Barbara JV
PROJECTS Laverton South Project - St Barbara JV For personal use only A series of tenements along strike north and south of the Anglo Saxon (Trouser Legs) Gold Mine, Pinjin Goldfield Gold found within Pinjin Shear, on contact between felsic volcanic sediments and intermediate schist Image: Anglo Sax
Slide 17: St Barbara JV targeting
PROJECTS Laverton South Project - St Barbara JV For personal use only Targeting completed by St Barbara – walk-up drill targets including - T1 - T2 - T3 - T4 Kirgella’s Gift RC drilling results include: 33m @ 3.10g/t Au from 51m (Renaissance Minerals Limited, ASX announcement, 11 April 2011) “Money
Slide 18: Target 1 - St Barbara JV (south tenements)
PROJECTS Target 1- St Barbara JV (south tenements) For personal use only 10+ km long stratigraphic target Historic drilling shows mineralisation Not followed up “Money in the ground.”
Slide 19: Target 3 - St Barbara JV (south tenements)
PROJECTS Target 3- St Barbara JV (south tenements) For personal use only 600m long, 300m wide zone of anomalous drilling results Open to the south Not followed up “Money in the ground.”
Slide 20: Target 4 - St Barbara JV (north tenements)
PROJECTS Target 4- St Barbara JV (north tenements) For personal use only Shallow gold Mineralised to EOH Not followed up “Money in the ground.”
Slide 21: Murchison Project - Jungar Flats
PROJECTS Murchison Project - Jungar Flats For personal use only 337km2 of tenure Murchison Goldfields >30 million ounces ~50km of strike along the Big Bell Shear and associated structures “Money in the ground.”
Slide 22: Jungar Flats Project
PROJECTS Jungar Flats Project For personal use only Walk-up drill targets include: • 6km-long gold anomaly (BHP) – best 6m @ 0.17g/t Au, lack of follow-up • T1975-1,2 & 3 (Newcrest) – best 4m @ 0.61g/t Au Extensive hardpan cover – most surface geochemistry exploration methods (eg. soil / auger sampl
Slide 23: Summary: The Recipe
SUMMARY The Recipe For personal use only Good management – track record of discovery and successful development • 2008 Explorer of the Year (Integra Mining) • 2010 Miner of the Year (Integra Mining) • 2020 Craig Oliver Award Winner (Stavely Minerals) Good ground – two sizeable projects in prolific ‘
Slide 24: Thank you
For personal use only E79 GOLD MINES Committed to a sustainable future Thank you “Money in the ground.”