New Murchison Gold Limited · ASX:NMG
New Murchison Gold — Ora Gold — Investor Presentation (February 2023)
26 slides from New Murchison Gold's investor presentation, Feb 7, 2023
Slide 1: Company Update & Capital Raising
ASX: OAU Company Update & Capital Raising February 2023 ADVANCED GOLD EXPLORER BALANCE SHEET RESTRUCTURE | NEW GROWTH STRATEGY | RE-ENERGISED TEAM
Slide 2: Disclaimer
Disclaimer Important – you must read the following before continuing The following notices and disclaimers apply to this presentation (“Presentation”) and you are therefore advised to read this The distribution of this Presentation (including an electronic copy) in the United States and elsewhere ou
Slide 3: Disclaimer
Disclaimer Past performance the ability to exploit successful discoveries), general mining and development operation risks, closure and rehabilitation risks, Past performance metrics and figures (including past share price performance of OAU) as well as financial information, changes to the regulato
Slide 4: Disclaimer
Disclaimer This announcement contains estimates of OAU's Mineral Resources. The information in this presentation that relates to OAU’s or caused the issue, submission, dispatch or provision of this Presentation and, except to the extent referred to in this Mineral Resources has been extracted from O
Slide 5: Advanced Murchison Gold & Base Metals
Advanced Murchison Gold & Plutonic Gold Operation Garden Gully Project Base Metals Degrussa Copper – Gold Operation Ora Gold’s assets provide a launchpad for Andy Well Gold consolidation in the Murchison Region, Project Meekatharra Meekatharra Western Australia Gold Operation (3Moz) Cue Gold Operati
Slide 6: Corporate Overview
Corporate Overview Advanced explorer with the high grade Garden Gully Gold Project Board Proposed new management team – CEO Alex Passmore1 - a well Rick Crabb Non-Executive Chairman credentialled mining executive to facilitate growth and to build out Phil Crabb Non-Executive Director OAU’s techn
Slide 7: Transaction Metrics
Transaction Metrics Balance Sheet restructure for growth OAU is undertaking a renounceable entitlement offer on the basis of (3) for one (1) at the issue price of 0.3c per New Share, together High grade projects New equity $3.3m net cash, EV with one (1) free attaching New Option* for every four (
Slide 8: Proposed CEO – Alex Passmore
Proposed CEO – Alex Passmore Proposed new management team – CEO Alex Passmore - a well credentialled mining executive to facilitate growth and to build out OAU’s technical & operational team Technical & Valuation Skills | Strong Capital Raising Track Record | Corporate Network Corporate CV & Bac
Slide 9: Garden Gully Project – High grade gold project in Western Australia
Garden Gully Project – High grade gold project in Western Australia Well located highly prospective project Commanding 217km2 position in the Abbotts Greenstone Belt located in Western Australia to the north of well-established gold centre Meekatharra The belt is prospective for large gold and b
Slide 10: Garden Gully – Multiple prospects
Garden Gully – Multiple prospects Garden Gully comprises a series of gold and base metals prospects on the eastern side of Abbots Greenstone belt, Western Australia Structurally deformed, prospective and mineralised Archean greenstone belt. Abernethy Shear Zone runs through the eastern part of the b
Slide 11: Crown Prince Prospect
Crown Prince Prospect High Grade – mineralisation in offset dilational jogs Planned drilling to test depth extensions High Grade Intercepts in OGGAC456 – to be followed up at depth (20m @ 14.49 g/t Au, 30 – 50m down hole depth)* *Refer ASX release 31 January 2023 ASX: OAU 11
Slide 12: Crown Prince Prospect - Shallow oxide/supergene and upside at depth
Crown Prince Prospect - Shallow oxide/supergene and upside at depth • Gold mineralisation occurs within structurally controlled quartz veins that dip steeply to the south-west • These veins are relatively continuous along strike to the north-west and south-east (100’s metres) until are offset by loc
Slide 13: Lydia Prospect – mineralisation from surface to +200m
Lydia Prospect – mineralisation from surface to +200m* • Deposit is 1.5km to southwest of Crown Prince, Mining Lease (M51/889) granted 21 February 2022 • Gold mineralisation at Lydia is hosted with sheared mafic rocks in a extensional zone between north trending structures • Deeper mineralisation di
Slide 14: Lydia Prospect – shallow oxide and open primary gold mineralisation
Lydia Prospect – shallow oxide and open primary gold mineralisation OGGRC266 9-10m 794g/t Au* • Mineralisation controls now better understood • Cross-structures focus high grade zones on main north-south structures • Targeting drilling to test eastern shallow zone and deeper western zone *Refer ASX
Slide 15: Abbots Prospect – numerous shallow intercepts high grade intercepts
Abbots Prospect – numerous shallow intercepts high grade intercepts • Abbots Prospect is located at the northern end of the greenstone package. Two parallel shears control mineralisation with the eastern shear between ultrafic and mafic rocks being the more mineralised • The north-south trending zon
Slide 16: Next Steps & Strategic Plan
Next Steps & Strategic Plan 1. Restructure of Balance Sheet & 2. Building the Project to Scale 3. Consolidation with other projects Capital Raising in the region New equity capital raise of $8.85m This funding round will position the Crown Prince currently presents as a toll Funds applied to strengt
Slide 17: Transaction & Restructuring Key Dates & Timeline
Transaction & Restructuring Key Dates & Timeline Trading Halt Thursday, 9 February 2023 Announcement of the Entitlement Offer Monday, 13 February 2023 Lodgement of Prospectus with ASX and ASIC Monday, 13 February 2023 Ex-Date Wednesday, 15 February 2023 Rights trading commences on a deferred settlem
Slide 18: ASX: OAU
ASX: OAU Alex Passmore | Proposed CEO (08) 9389 6927 info@ora.gold www.ora.gold Level 2, 47 Stirling Hwy, Nedlands Western Australia 6009
Slide 19: Competent Person Statement
Competent Person Statement Exploration Results The details contained in this report that pertain to Exploration Results, Mineral Resources or Ore Reserves, are based upon, and fairly represent, information and supporting documentation compiled by Mr Costica Vieru, a Member of the Australian Institut
Slide 20: Key Risks
Key Risks Tenure Potential for dilution Mining and exploration tenements for the Company’s projects are subject to periodic renewal. There is no Upon completion of the Entitlement Offer, assuming all entitlements are accepted and no options are guarantee that current or future tenements and/or appli
Slide 21: Key Risks
Key Risks Additional requirements for funding Exploration and development risks The Company’s funding requirements depend on numerous factors including the Company’s future Resource exploration and development involves significant risks which only occasionally provide high exploration and work progr
Slide 22: Key Risks
Key Risks The Company has relied on, and may continue to rely on, consultants for mineral exploration and The Company expects to incur losses unless and until such time as any new or current projects enter into exploitation expertise. The Company believes that those consultants are competent and tha
Slide 23: Key Risks
Key Risks Operating risks The Company must also comply with Aboriginal heritage legislation requirements, which require certain due The operations of the Company may be affected by various factors which are beyond the control of the diligence investigations to be undertaken ahead of the commencement
Slide 24: Proposed Key Terms of Alex Passmore’s Appointment
Proposed Key Terms of Alex Passmore’s Appointment Key Terms Details Role Chief Executive Officer Term No Fixed Term. Ongoing until terminated by either party Commencement occurs upon financial close of the Proposed Capital Raising (anticipated mid-March 2023) Total Fixed Remuneration (TFR) A$300,000
Slide 25: Foreign Entitlement Offer Jurisdictions
Foreign Entitlement Offer Jurisdictions This document does not constitute an offer of New Securities in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Securities may not In accordance with Article 1(4) of the Prospectus
Slide 26: Foreign Entitlement Offer Jurisdictions
Foreign Entitlement Offer Jurisdictions No advertisement, invitation or document relating to the New Shares or the New Options has been or will United Kingdom be issued, or has been or will be in the possession of any person for the purpose of issue, in Hong Kong or elsewhere that is directed at, or