Wia Gold Limited · ASX:WIA
Wia Gold — Investor Presentation (April 2024)
29 slides from Wia Gold's investor presentation, Apr 26, 2024
Slide 1: Transformational Kokoseb Gold Discovery
For personal use only TRANSFORMATIONAL KOKOSEB GOLD DISCOVERY APRIL 2024 ASX: WIA
Slide 2: Disclaimer
Disclaimer General Information and Disclaimer in the forward- looking statements, including, without costs and timing for WiaGold’s activities and such other limitation: inherent uncertainties and risks associated with assumptions as set out herein. This presentation has been prepared for the purpos
Slide 3: Rapidly advancing the major Kokoseb gold discovery
Rapidly advancing the major Kokoseb gold discovery Driving substantial value growth via the drill bit Kokoseb Gold Project, Namibia For personal use only Updated Inferred MRE of 2.12 Moz at 1.0 g/t Au (0.5 g/t cut-off) delivered at low US$2.8/oz definition cost1 Drilling focused on both growth and c
Slide 4: Board and key management
Board and key management Experienced leadership team with a track record of success Josef El-Raghy Andrew Pardey Mark Arnesen For personal use only Executive Chair Non-Executive Director Non-Executive Director Josef previously served as Chairman and CEO of Currently Managing Director at Predictive M
Slide 5: Corporate snapshot
Corporate snapshot ASX: WIA Capital Structure Register Composition For personal use only Share price (A$/share)1 0.10 19.9% Total shares on issue – pro-forma (M)2 1,134 Capital DI Limited: 19.9% Options and performance rights – pro-forma (M)3 98 BPM Capital Limited: 9.6% 57.9% 9.6% JP Morgan Nominee
Slide 6: Transformational Kokoseb gold discovery
Transformational Kokoseb gold discovery Updated MRE represents 63% increase from Maiden MRE in only 11 months Inferred Mineral 2.12 Moz at 1.0 g/t Au For personal use only Resource Estimate at 0.5 g/t cut-off1 • Updated MRE includes higher-grade 1.53 Moz at 1.4 g/t Au (at 0.8 g/t cut-off) • MRE info
Slide 7: Readily open-pittable gold mineralisation
Readily open-pittable gold mineralisation Plus 90% gold recoveries under conventional process coupled with solid MIK MRE • MRE covers cumulative 4.8km strike For personal use only and maximum depth of approx. 370m • Outcropping mineralisation, with max. of 2m cover • Average weathering depth of ~30m
Slide 8: Continuous pit shell along 4.8km strike
Continuous pit shell along 4.8km strike 1.6km Western For personal use only Zone Central Zone NW Gap Zone Zone Kokoseb block-model withing the US$1,800/oz Northern Zone pit shell, looking down towards the NW Southern Zone Blocks at above 0.3 g/t Au cut-off grade Blocks at above 0.5 g/t Au cut-off gr
Slide 9: A very large mineralised system
A very large mineralised system Kokoseb footprint comparable to major Namibian operating gold mines and projects 1 2 1 Kokoseb Gold Deposit: For personal use only 2.12 Moz at 1.0 g/t Au (at 0.5 g/t cut-off)1 2 Otjikoto Gold Mine: 1.4 Moz at 1.5 g/t Au (at 0.4 g/t cut-off, within a US$1,350/oz Au pit
Slide 10: Ongoing growth drilling to drive substantial MRE uplift
Ongoing growth drilling to drive substantial MRE uplift Rapidly uncovering scale extent of Kokoseb, wide open along strike and at depth For personal use only • Three drill rigs active at site, one diamond and two RC • Extensional drilling in the MRE footprint targeting depth extensions at the Gap Zo
Slide 11: Significant high-grade results at Central Zone
Significant high-grade results at Central Zone Optimised pit shell constrained by drilling at depth • Intercepts including For personal use only samples at over 10 g/t Au have extended the resource model at depth from maiden MRE • High-grade area around KRC086 still open with results pending from KD
Slide 12: Namibia is a well-recognised mining jurisdiction
Namibia is a well-recognised mining jurisdiction Mining represents 10% of Namibian GDP and is its leading economic sector1 For personal use only Long established Excellent Recognised local Politically mining history infrastructure asset value stable Significant producer of Benefiting from Twin Hills
Slide 13: Strategic exploration pipeline
Strategic exploration pipeline A portfolio of high-quality projects at various stages on the advancement horizon For personal use only Ore Reserves drilling Close-spaced infill drilling and detailed study work Indicated resources drilling RC and/or diamond drilling on infill grids; start of specific
Slide 14: Côte d'Ivoire project portfolio
Côte d’Ivoire project portfolio Strategically located blocks A. Mankono Project For personal use only Mankono Quest permit granted, five additional permits under application. Two extensive gold anomalies defined1 B. Bouaflé Project A Mankono Project Bouaflé Sud and Bouaflé Nord permits granted, plus
Slide 15: A story of significant exploration success
A story of significant exploration success Multiple gold mineralised trends identified at Issia and Bouaflé Significant air core drilling intercepts at the Bouaflé Project For personal use only included: • 12m at 1.21 g/t Au1 • 7m at 1.16 g/t Au1 • 9m at 2.63 g/t Au1 • 20m at 1.71 g/t Au2 • 4m at 6.
Slide 16: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only WIA: ASX Transformational Growth drilling to Straightforward Established, well Strategic Kokoseb gold drive substantial metallurgy and recognised mining exploration discovery targeted MRE uplift process route jurisdiction project pipeline Updated MRE 2.12
Slide 17: Contact details
For personal use only Contact details Level One 130 Hay Street, Subiaco WA 6009 Australia E: info@wiagold.com.au
Slide 18: Kokoseb MRE
Appendix A Kokoseb MRE For personal use only Cut off Tonnes Au Au (Au g/t) (Mt) (g/t) (Moz) 0.20 130 0.69 2.88 0.25 115 0.75 2.77 0.30 100 0.80 2.57 0.40 83 0.91 2.43 0.50 66 1.0 2.12 0.60 53 1.2 2.04 0.80 34 1.4 1.53 1.00 23 1.7 1.26 1. Refer to ASX announcement 16 April 2024. WIA confirms that it
Slide 19: Under explored gold belt in Namibia
Appendix B Under explored gold belt in Namibia For personal use only • Located in northwest Namibia, 320km by road from the capital Windoek • Deposit resides in Okombahe exploration licence (WIA 80%), a JV with state-owned mining company, Epangelo • Okombahe licence is part of WIA’s large Damaran Pr
Slide 20: Drill results at the Gap Zone
Appendix C Drill results at the Gap Zone For personal use only • Latest drill results (included in the MRE) returned RC drill sample splits above 10 g/t Au within the following significant intercepts1: • 14m at 2.72 g/t Au • 10m at 2.71 g/t Au • Several strongly mineralised shoots are highlighted, c
Slide 21: Southern and Western Zones long sections
Appendix D Southern and Western Zones long sections For personal use only • Coherent mineralised shoots repeating along strike, e.g. Southern1 and Western Zones2 • Mineralisation wide open along strike and at depth 1. Results from the Southern Zone, refer to ASX announcements dated 17 August 2022, 1
Slide 22: Straightforward metallurgy and process
Appendix E Straightforward metallurgy and process Pegmatites, mineralised on contacts and For personal use only sediments enclaves • Metallurgical test work completed on two samples composited from RC bulk samples in fresh sulphide material1 Sediments, strong silica- chlorite-sulphides alteration, h
Slide 23: Namibian Assets Joint Venture Terms
Appendix F Namibian Assets Joint Venture Terms For personal use only Epangelo Mining Company (includes the Joint Venture Parties Kokoseb Gold Discovery) and Kongom Group1 Stage 1 and Stage 2 WIA earns 80% interest in Epangelo (complete) Licences Minorities free carried to DFS (Epangelo) Stage 3 or D
Slide 24: Côte d'Ivoire Joint Venture Terms
Appendix G Côte d’Ivoire Joint Venture Terms Predictive Discovery (ASX:PDI) and West Joint Venture Parties African Venture Investments (WAVI) For personal use only A$150k upon granting of exploration Stage payments licences Earn 80% Joint Venture interest by Stage 1 meeting minimum expenditure commi
Slide 25: Mankono Project, Côte d'Ivoire
Appendix H Mankono Project, Côte d’Ivoire For personal use only • Mankono Quest permit granted, five additional permits under application • Area encompasses several major regional shears of the Banfora-Dalona greenstone belt over >75km of strike • Along strike of the Abuhar gold Project and (Tietto
Slide 26: Bouaflé Project, Côte d'Ivoire
Appendix I Bouaflé Project, Côte d’Ivoire • Bouaflé Sud and Bouaflé Nord permits granted, with For personal use only one additional under application • Bouaflé Sud is located 35km from the Yaouré gold mine (1.6Moz at 1.8 g/t gold1, Perseus) • Significant +17km mineralised shear zone in Bouaflé Sud1,
Slide 27: Bocanda Project, Côte d'Ivoire
Appendix J Bocanda Project, Côte d’Ivoire For personal use only • Bocanda Nord, Bocanda permit granted • Bocanda Permits located on the Ouango-Fitini shear system, which is the southern extension of the Houndé greenstone belt in Burkina Faso • Initial stream sediment sampling across the Bocanda gran
Slide 28: Issia Project, Côte d'Ivoire
Appendix K Issia Project, Côte d’Ivoire • Issia permit granted, with one additional permit under For personal use only application • Several zones of artisanal gold mining identified along strike and spodumene rich pegmatites mapped • Regional stream sediment sampling survey complete A Mankono Proje
Slide 29: For personal use only
For personal use only