New Murchison Gold Limited · ASX:NMG
New Murchison Gold — Ora Gold — Investor Presentation (March 2024)
18 slides from New Murchison Gold's investor presentation, Mar 18, 2024
Slide 1: Investor Presentation
ASX:OAU INVESTOR PRESENTATION
Slide 2: Disclaimer
Disclaimer Important – you must read the following before continuing JORC Code This investor presentation ("Presentation") is dated 18 March 2024 and has been prepared by Ora Gold Limited (ACN 950 465 564) (ASX:OAU) It is a requirement of the ASX Listing Rules that the reporting of (amongst other th
Slide 3: Advanced Murchison Gold Explorer
Advanced Murchison Gold Explorer Located in the heart of the prolific Murchison gold district Ora’s flagship Garden Gully Gold Project is located in the highly prospective Abbotts Greenstone Belt north of Meekatharra, with close proximity to numerous operating gold mines and processing facilities Sh
Slide 4: Corporate Overview
Corporate Overview Capital Structure Board & Management OAU:ASX Share Price (as at 13-Mar-24) $ 0.006 Ordinary Shares on Issue # 5,740.0m Options & Performance Rights # 1,832.4m ALEX RICK FRANK MAL COSTICA ALEXANDRA Market Capitalisation (undiluted) $ $34.4m VIERU GELEVITIS PASSMORE CRABB DEMARTE RA
Slide 5: Garden Gully Gold Project
Garden Gully Gold Project Located in the heart of the prolific Murchison gold district Ora’s flagship Garden Gully Gold Project is located in the highly prospective Abbotts Greenstone Belt north of well established gold centre, Meekatharra, Western Australia Structurally deformed, prospective and mi
Slide 6: Crown Prince Prospect
Crown Prince Prospect High-grade mineralisation in offset dilational jogs, which have then undergone folding and shearing Recent intercepts at Crown Prince include: 2m at 910.38g/t Au from 29m and 4m at 15.74g/t Au from 72m in OGGSRC574 (Southeastern Zone) 40m at 16.22g/t Au from 75m incl. 10m at 46
Slide 7: Crown Prince: Southeastern Zone
Crown Prince: Southeastern Zone High-grade Southeastern Zone; plunging fold, mineralisation concentrated in fold hinge and along eastern flank The inferred faulted hinge zone of Southeastern Zone contains the high- grade intersections returned from the lower part of both OGGRC550 and OGGRC551 and co
Slide 8: Crown Prince: Southeastern Zone Mineralisation
Crown Prince: Southeastern Zone Mineralisation OGGRC551 best intersection from Southeastern Zone and at depth Gold mineralisation occurs within structurally controlled quartz veins that dip steeply to the south-west (at Main Zone) and south-east (at Southeastern Zone) 16m at 36.86g/t Au from 146m Ca
Slide 9: Crown Prince: Mineral Resource
Crown Prince: Mineral Resource Shallow, high-grade gold resource Crown Prince (JORC 2012) Mineral Resource Estimate Indicated and Inferred Resource of 1.84Mt at 4.1g/t Au for 240koz , on a granted Mining Lease Resources are shallow, representing strong open pit mining potential Open along strike and
Slide 10: Crown Prince: Mineral Resource (cont'd)
Crown Prince: Mineral Resource (cont’d) Significant resource growth upside MRE Update generated from very modest drilling and exploration spend at Crown Prince (c. $3m) since discovery of Southeastern Zone (late 2022) Next steps for further resource growth: Extensional and infill drilling at Southea
Slide 11: 3D Interactive Presentation
3D Interactive Presentation Refer to Ora’s website to see our VRIFY 3D interactive presentation 11
Slide 12: Crown Prince: Upside at Depth
Crown Prince: Upside at Depth Mineralisaton open at depth Gold mineralisation occurs within structurally controlled quartz veins These veins are relatively continuous along strike to the north-west and south-east (100’s metres) until are offset by local north-south shear zones Gold is associated wit
Slide 13: Crown Prince: Metallurgical Testwork
Crown Prince: Metallurgical Testwork Strong metallurgical performance from advanced test work High recovery of gold through gravity and cyanide leach test work High overall gold recovery rates ranging from 98.2 – 99.8% Gravity gold recoveries range from 66.6 – 90.5% Rapid leach kinetics show 90% gol
Slide 14: Crown Prince: Planned Workstreams
Crown Prince: Planned Workstreams Planned drilling in 2024 will focus on resource definition at depth and delineating extensional zones to the north-east Southeastern Zone mineralisation defined over a 250m strike length and majority of Resource ounces only down to 100m vertical depth Southeastern Z
Slide 15: Strategic Plan
Strategic Plan Crown Prince Build the project to scale Continue drilling along strike (to Crown Prince East), test underground extensions of Main Zone and Southeastern Zone, and seek to advance further resource growth at Crown Prince Advance detailed technical programs Metallurgical, geotechnical, h
Slide 16: Appendix A. Crown Prince MRE
Appendix A. Crown Prince MRE Crown Prince (JORC 2012) Mineral Resource Estimate Ounces & drilling per vertical metre Tonnes Grade Contained Gold Zone Category (Mt) (g/t Au) (koz Au) Southeastern Zone Indicated 0.75 5.3 129 Inferred 0.23 4.6 35 Total 0.99 5.2 164 Main & Northern Zone Indicated 0.29 3
Slide 17: Competent Person Statement
Competent Person Statement Exploration Results The information contained in this Presentation that relates to Exploration Results are based upon, and fairly represent, information and supporting documentation compiled by Mr Costica Vieru, a Member of the Australian Institute of Geoscientists and a f
Slide 18: Contact
CONTACT Alex Passmore | CEO (08) 9289 6927 info@ora.gold www.ora.gold Level 2, 5 Ord St West Perth WA 6005 [X]