Slide 1: Gearing up for our next leg of growth
1 Gearing up for our next leg of growth Montague Gold Project North Murchison, WA Corporate Update | June 2023 Mark Cossom, Managing Director 1
Slide 2: Important Information and Disclaimer
2 Important Information and Disclaimer Forward Looking Statements ▪ This presentation has been prepared by Gateway Mining Ltd (GML). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from th
Slide 3: Building a Significant Gold Company in the North Murchison
3 Building a Significant Gold Company in the North Murchison TIER-1 LOCATION ▪ 1,000km2 Montague Gold Project, 800km NE of Perth ROBUST ▪ Project Mineral Resource totaling 526,000oz (Indicated and Inferred1)2 RESOURCE ▪ Part of a significant gold endowed system – large-scale targets RECENT ▪ Three n
Slide 4: Corporate Summary
4 Corporate Summary CAPITAL STRUCTURE ASX Ticker GML Shares on issue 266,333,543 Executive Performance Options and 6,100,000 Performance Rights Cash balance as at 31 Mar 2023 $2.10M Listed Investments as at 31 Mar 2023* $0.77M Share Price $0.045 Market Capitalisation $11.98M Enterprise Value $9.11M
Slide 5: Highly Successful and Experienced Leadership Team
5 Highly Successful and Experienced Leadership Team ▪ Executive Director since October 2019 Mark Cossom ▪ Geologist with +25-years experience in gold exploration, mine operations and corporate management Managing Director ▪ Former General Manager - Geology & Exploration at Doray Minerals Ltd ▪ Forme
Slide 6: Tier 1-Location
6 Tier 1-Location Great address, prime position for consolidation
Slide 7: Demonstrated Resource Growth
7 Demonstrated Resource Growth Building a strategic base through discovery ▪ Over 70% Resources located within upper 100m – shallow, high-grade ounces ▪ Includes high-grade Indicated Resource of 142,000oz at 2.1g/t1 ▪ Maiden Resources for new discoveries Julias (77koz), Evermore (67koz) and Achilles
Slide 8: Step-Change Discovery Focus
8 Step-Change Discovery Focus Taking Montague to the next level
Slide 9: Project Wide Targeting Study
9 Project Wide Targeting Study Wilsons/Shiraz (HRN) 469koz Au Aiming to unlock potential across the entire Project 4m @ 10g/t Au ▪ Model Earth Pty Ltd consultants completed project-wide study ▪ Key structural controls and geochemical anomalism along prospective gold-bearing domains ▪ Seismic survey
Slide 10: Montague North Soil Geochem Survey
10 Montague North Soil Geochem Survey Wilsons/Shiraz (HRN) 469koz Au First-pass exploration over +15km of strike extension 4m @ 10g/t Au ▪ Recently granted tenure at Montague North ▪ Strike extensions to Mineralised Tokay Shear obscured under cover 12m @ 1.0g/t Au ▪ First-pass soil geochemistry surv
Slide 11: Montague Dome Seismic Survey
11 Montague Dome Seismic Survey Key step towards deep testing of Montague system ▪ Approx. 17km of 2-dimensional seismic traverses ▪ Survey aims to provide visualisation of major structures at depth ▪ Currently host 526,000oz Au1 near-surface ▪ Priority target Mineral Resources around the Montague G
Slide 12: Caledonian-Evermore Corridor
12 Caledonian-Evermore Corridor Major mineralised shear only tested to 250m ▪ Major shear zone host to three historic pits and current +230,000oz gold Resources over +4km ▪ Deepest hole only 250m below surface ▪ GDD023: 3.2m @ 5.0g/t Au ▪ Open north of Evermore and south of Caledonian 12
Slide 13: Achilles East
13 Achilles East Large-scale potential next to 99,000oz Achilles Resource ▪ New zone – over 150m wide, 600m along strike and open ▪ Broad scale mineralisation in granodiorite ▪ Significant new RC intercepts: ▪ GRC945: 12m @ 5.6g/t Au from 56m ▪ GRC941: 18m @ 2.0g/t Au from 31m within 30m @ 1.3g/t Au
Slide 14: Julias – Flametree
14 Julias – Flametree Another new shallow, oxide gold discovery ▪ Shallow, oxide gold trend first drilled by Gateway in 2008 ▪ 77,000oz initial Mineral Resource (58,000oz attributable GML)1 ▪ Located on granted Mining Lease ▪ Julias RC results confirm solid mineralisation over 500m: ▪ GRC796: 11m @
Slide 15: Montague-Boulder Deposit
15 Montague-Boulder Deposit Robust Indicated and Inferred Base ▪ 163,000oz Mineral Resource ▪ Includes high-grade 67,000oz @ 4.0g/t Au Indicated1 ▪ Located on granted Mining Lease ▪ Recent drilling continuing to extend shallow mineralisation: ▪ GRC895: 4m @ 8.7g/t Au from 14m, and ▪ GRC873: 4m @ 2.3
Slide 16: SensOre Ltd – Li Exploration Farmout
16 SensOre Ltd – Li Exploration Farmout Risk free exposure to Li potential of Montague ▪ SensOre (ASX: S3N) to explore selected tenements for Li, utilizing their SensOre DPT© technology to generate targets ▪ SensOre Ltd entered into a farmin/JV agreement to earn up to 80% in Li (and by product) righ
Slide 17: Summary
17 Summary
Slide 18: Key Investment Takeaways
18 Key Investment Takeaways LOCATION ▪ Focused gold explorer in an unconsolidated Tier-1 district FOCUSED ON ▪ 2023 Exploration strategy targeting step-change additions to RESOURCE GROWTH existing 526,000oz1 Mineral Resource across entire Project SHALLOW ▪ Large under-explored gold system with clear
Slide 19: Thank You
19 Thank You Contact Details B1/431 Roberts Road, Subiaco WA 6008, Australia info@gatewaymining.com.au +61 8 6383 9969 www.gatewaymining.com.au