Norwest Minerals Ltd. · ASX:NWM
Norwest Minerals — Shareholder Meeting (November 2021)
16 slides from Norwest Minerals's shareholder meeting presentation, Nov 1, 2021
Slide 1: Annual General Meeting Presentation
Western Australia Gold & Copper ‘Advancing the Bulgera Gold (100%), For personal use only Bali Copper (100%) and Arunta West projects’ Annual General Meeting Presentation 1 November 2021 ‘Photo: Bulgera Pit from southeast wall’
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Norwest Minerals Limited (Norwest or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presen
Slide 3: Company Overview
COMPANY OVERVIEW For personal use only NORWEST MINERALS LIMITED Aggressively exploring for Gold & Copper in WA CORPORATE SNAPSHOT ASX Code NWM Arunta West Shares on issue 180.6 million Bali Bulgera Marymia East Options on issue 70.7million¹ Marriott Market capitalisation (at $0.08 per share) $14.5 m
Slide 4: Key Asset Summary
KEY ASSET SUMMARY For personal use only Bulgera Gold Project¹ (100%) • New high-grade gold zone below historic Bulgera pit • RC hits up to 16m @ 7.3g/t gold (inc. 3m@ 30g/t) • Bulgera is extension of Plutonic (5.5Moz) and Vango (1.0Mozs) mine sequence Arunta West Cu-Au Project³ (85% to 100%) • 10-ho
Slide 5: The Bulgera Gold Project Location & Overview
THE BULGERA GOLD PROJECT For personal use only LOCATION & OVERVIEW Mafic /Ultramafic • Located 200kms north of Meekatharra in a +6.5moz gold district Mine Sequence • Bulgera gold trend is the offset-extension of the Plutonic (+5.5moz)⁴ & Vango (+1moz)⁵ mafic-ultramafic mine sequence • Includes near-
Slide 6: Bulgera Gold: Exploration Down-Dip from Bulgera Pit
BULGERA GOLD For personal use only GOLD EXPLORATION DOWN-DIP FROM BUGERA PIT • West along mine sequence, Vango’s drill results show highest gold intervals located below 100 vertical metres⁹ • Norwest drilling below historical open cuts • RC drilling below 100 vertical metres highly successful • High
Slide 7: Bulgera Gold: Long Section - High-Grade Gold Zone
BULGERA GOLD For personal use only LONG SECTION - HIGH-GRADE GOLD ZONE • High-grade gold RC intercepts below Bulgera Open Cut announced May 21¹⁰ include: • 16m @ 7.3g/t Au (inc. 3m @ 30.3g/t Au) from 194m - BRC21015 • 6m @ 11.8g/t Au (inc. 3m @ 22.4g/t Au) from 218m - BRC21013 • 5m @ 15.3g/t Au (inc
Slide 8: The Bali Copper Project Location & Overview
THE BALI COPPER PROJECT For personal use only LOCATION & OVERVIEW • Norwest holds 100% of the Bali Copper Project located in Western Australia, 250kms west of Newman • The project covers 41km² with five prospects identified along the 8km northwest trending Bali shear zone • The complex history of th
Slide 9: Bali Rock Chip Results – Copper
BALI COPPER For personal use only BALI ROCK CHIP RESULTS – COPPER¹³ • In 2018 exploration included mapping along the 8-kilometre Bali Shear Zone and the collection of 87 rock chip samples (avg 6.3% Cu) from Bali Hi, Bali Lo and Bali East prospects. • Along the surface, the potential for high-grade c
Slide 10: The Bali Copper Drilling & Analysis
BALI COPPER For personal use only THE BALI COPPER DRILLING & ANALYSIS¹⁴ Previous explorers drilled 59 holes for 2,379m – most holes less than 30m deep. Better drill intercepts include: o 9 metres @ 1.8% Copper from 8 metres downhole (Drill hole CL4) o 12 metres @ 3.6% Copper from 0 metres downhole (
Slide 11: The Arunta West Gold & Base Metals Project
ARUNTA WEST GOLD & COPPER For personal use only THE ARUNTA WEST GOLD & BASE METALS PROJECT¹⁵ Overview • Located ~600km west of Alice Springs near the WA & NT boarders • Land Access Agreements in good standing for all tenements • Limited modern exploration with some minor historic workings • 2010-201
Slide 12: Arunta West Recent Exploration
ARUNTA WEST For personal use only ARUNTA WEST RECENT EXPLORATION¹⁶ • 2020 – independent analysis of full dataset by Dr Nigel Brand • 2019 soil sampling identified anomalous gold and base metals targets • Add E80/5362 – 5km x 15km anomalous copper from GSWA work • Plan 6,500 point infill and regional
Slide 13: Activity Timeline
For personal use only ACTIVITY TIMELINE 13
Slide 14: Summary
SUMMARY For personal use only Excellent gold & copper assets, strong management - $14.5m market cap, 181m shares on issue Aggressive 12-month exploration drilling scheduled for Bulgera gold and Bali copper projects Bulgera - 10 hole diamond drill program underway to test down-dip of new high-grade g
Slide 15: Board & Management
CHAIRMAN BOARD & MANAGEMENT For personal use only CHIEF EXECUTIVE Michael Tilley OFFICER/DIRECTOR Michael Tilley is the Chairman and a founding director of Terrain Capital Limited. He has worked in the accounting and finance industries for more than 40 years and he has a broad range of Charles Sch
Slide 16: Contact
For personal use only Contact https://www.norwestminerals.com.au Norwest Minerals Charles Schaus Suite 1a, First Floor charles@norwestminerals.com.au 7 Ventnor Ave West Perth WA Australia, 6005 Tel: +61 8 6166 5814 61 (0) 417 944 295 Follow us on @MineralsNorwest @norwestminerals Norwest Minerals
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