Golden Mile Resources Ltd. · ASX:G88
Golden Mile Resources — Shareholder Meeting (November 2018)
17 slides from Golden Mile Resources's shareholder meeting presentation, Nov 20, 2018
Slide 1: AGM Presentation
GOLDEN MILE RESOURCES LTD AGM Presentation For personal use only Lachlan Reynolds Managing Director Melbourne, November 20, 2018
Slide 2: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer This presentation has been prepared by Golden Mile Resources Ltd (“G88”) (ACN 614 538 402). It should not be considered as an offer or invitation to subscribe for or purchase any securities in G88 or as an inducement to make an offer or invitation with respect to t
Slide 3: Investment highlights
Golden Mile Resources – G88 Investment highlights For personal use only Newly discovered and delineated laterite nickel-cobalt deposit • Previously untapped mineral potential in the South West Mineral Field, WA • ~14,000 metres of drilling completed • Maiden resource just announced: 26.3 Mt @ 0.64%
Slide 4: Corporate Overview
Golden Mile Resources Corporate Overview For personal use only ASX Symbol G88 Experienced Board and Management 41,424,977 Non-Executive Chairman Shares on Issue Rhod Grivas 16,475,000 (Escrowed to June 2019) Technical and management background Share Price $0.15 (at 16 November 2018) Managing Directo
Slide 5: Discovery & Development Focus: Building a Pipeline of Projects
Discovery & Development Focus Building a Pipeline of Projects For personal use only PORT HEDLAND GIDGEE GOLD & BASE METAL MINARA NICKEL PROJECT PROJECT • >10 km of strike (60 km2) • >10 km of strike (400 km2) • Wide intercepts of nickel & cobalt • Adjacent to Gidgee Gold Mine • Historical resource e
Slide 6: Nickel-Cobalt Project: Discovery – Evaluation – Development
Quicksilver Nickel-Cobalt Project Discovery – Evaluation – Development For personal use only Laterite nickel-cobalt mineralisation • Sub-horizontal, tabular blanket of mineralisation developed in the lateritic weathering profile • Extensively drilled over 3 km x 1 km area Exploration for nickel sulp
Slide 7: Nickel-Cobalt Project: Listing to Discovery
Quicksilver Nickel-Cobalt Project Listing to Discovery in Less Than 6 Months For personal use only Quicksilver has a sporadic exploration history back to the 1980’s • Explored as a gold and iron ore project, then nickel-cobalt • Extensive nickel-cobalt surface anomaly, over more than 1,500 m of stri
Slide 8: Aircore, RC Percussion and Diamond Drilling over 3 km Strike
Quicksilver Nickel-Cobalt Project Aircore, RC Percussion and Diamond Drilling over 3 km Strike For personal use only G88 has undertaken a comprehensive drilling program across the Garard’s prospect in the southern Quicksilver tenement area • Initial aircore drilling to test surface anomalies and kno
Slide 9: Nickel-Cobalt Project: Maiden Resource Estimate
Quicksilver Nickel-Cobalt Project Maiden Resource Estimate For personal use only 26.3 Mt @ 0.64% Nickel & 0.04% Cobalt (cut-off grade >0.5% Ni or >0.05% Co) Tonnes Ni Co Ni Metal Co Metal Ni Domain Class Mt % % Tonnes Tonnes Indicated 4.1 0.75 0.047 30,600 1,900 High Ni Inferred 19.0 0.67 0.037 126,
Slide 10: Garard's Prospect Schematic cross section
0.4% Ni envelope 3.3 km For personal use only Garard’s Prospect Garard’s South Prospect 0.04% Co envelope 1.7 km Garard’s Prospect Schematic cross section 6,371,200N AGM Presentation, November 20, 2018 10
Slide 11: Technical Studies to Support Project Development
Quicksilver Nickel-Cobalt Project Technical Studies to Support Project Development For personal use only Metallurgical Testwork • Key to unlocking value of the laterite mineralisation • Selection of representative samples underway for preliminary testwork Lithogeochemistry • 3D mapping of rock types
Slide 12: Sulphide Mineralisation – Multiple EM Targets over 15 km Strike
Quicksilver Exploration Sulphide Mineralisation – Multiple EM Targets over 15 km Strike For personal use only G88 engaged Newexco to drive the nickel sulphide exploration program • Newexco are nickel sulphide exploration specialists, having played a key role in numerous nickel discoveries in WA incl
Slide 13: Sulphide Mineralisation Anomaly - MLEM Target
Sulphide Mineralisation Anomaly 1 - MLEM Target First Test of Prospective Geophysical Target Subvertical orientation For personal use only WYATT’S PROSPECT Semi-massive sulphide, QDD0004, 214m downhole AGM Presentation, November 20, 2018 13
Slide 14: NE Goldfields Projects: Lode and Shear Zone Hosted Gold
NE Goldfields Projects Lode and Shear Zone Hosted Gold – Multiple Prospective Areas For personal use only MINARA NICKEL-COBALT LEONORA GOLD PROJECT PROJECT Leonora East Waite Kauri Trend • Monarch Gold Trend • Ni-Co lateritic mineralisation associated with ultramafic units • Untested N trending stru
Slide 15: Leonora East Project: Monarch Gold Trends
Leonora East Project Monarch Gold Trends – Multiple High-Grade Occurrences over 15 km Strike For personal use only Untested structural Proposed auger contact and sampling alteration zone program AGM Presentation, November 20, 2018 15
Slide 16: Golden Mile Resources - Summary
Golden Mile Resources - Summary Discovery – Evaluation – Development For personal use only Listing to Discovery at Quicksilver in less than 6 months, maiden Prospective tenements held in the NE Goldfields, extensive strike resource estimate reported, potential to increase length of gold mineralised
Slide 17: Advancing WA's Newest Nickel Discovery
Advancing WA’s Newest Nickel Discovery For personal use only goldenmileresources.com.au 6 Lachlan Reynolds M: 0488 911 155 E: lreynolds@goldenmileresources.com
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