Gold Mountain Limited · ASX:GMN
Gold Mountain — Corporate Update (July 2024)
47 slides from Gold Mountain's corporate update, Jul 12, 2024
Slide 1: Gold Mountain: Critical Minerals for the Clean Energy Transition
GOLD MOUNTAIN For personal use only CRITICAL MINERALS FOR THE CLEAN ENERGY TRANSITION ASX: GMN | CORPORATE PRESENTATION | JULY 2024 Corporate Presentation | July 2024 | 1
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER • This presentation has been prepared by Gold Mountain Limited (“GMN”) • This presentation may contain forward-looking statements, forecasts, for the sole purpose of providing general information on GMN estimates and projections (“Forward Statements”). No independent th
Slide 3: Brazil is the Emerging REE and Lithium Jurisdiction
BRAZIL IS THE EMERGING REE AND LITHIUM JURISDICTION • GMN has projects targeting REE, Niobium, Lithium and Copper in world class mining provinces. For personal use only • Brazil's abundant IAC rare earth resources solidify its position as a key contributor to meeting the rising global demand for hea
Slide 4: Brazil is the Emerging REE and Lithium Jurisdiction
BRAZIL IS THE EMERGING REE AND LITHIUM JURISDICTION • GMN has projects targeting REE, Niobium, Lithium and For personal use only Copper in world class mining provinces. • Brazil's abundant IAC rare earth resources solidify its position as a key contributor to meeting the rising global demand for hea
Slide 5: Persistent Lithium Supply Shortfall
PERSISTENT LITHIUM SUPPLY SHORTFALL Lithium demand and supply in net zero carbon scenario Other (glass & ceramics, For personal use only Lithium greases, metal powders, Electric Vehicles Demand industrial and pharma 95% 2030 uses) Lithium Carbonate Equivalent 5% Multiple of 2020 demand, Lithium Shor
Slide 6: GMN – Major Lithium, Rare Earths and Copper Tenements
GMN – MAJOR LITHIUM, RARE EARTHS AND COPPER TENEMENTS Total Total Area Project name Second Commodity Exploration Stage Licences hectares LITHIUM Juremal 6 10,207.54 drainage anomalies defined, pegmatites presentready for soil sampling then drilling, Cerro Corá - Porta D'água 3 4,970.98 Tantalum drai
Slide 7: Brazil: REE
For personal use only BRAZIL: REE Corporate Presentation | July 2024 | 7
Slide 8: Investment Highlights
INVESTMENT HIGHLIGHTS • Exposure to a portfolio of rare earths and Niobium assets across Brazil For personal use only • Rare Earth IAC type + REE-Nb-U-Sc exploration areas comprises 1,879.65km2 of tenements Adjacent to and along strike of Brazilian Rare Earths’ (BRE:ASX) project in the Jequié region
Slide 9: Significant Tenements Prospective for Rare Earths
SIGNIFICANT TENEMENTS PROSPECTIVE FOR RARE EARTHS Gold Mountain holds 97 granted tenements and 5 applications in the Jequié Block of the Sao Francisco craton For personal use only Rare Earths anomalies (TREE) composite map. Anomalous data interpretation also suggest ultra-high grade hard rock source
Slide 10: Defined Drilling Targets - Prospective for REE
5 DEFINED DRILLING TARGETS - PROSPECTIVE FOR REE 4 Major drilling targets identified in Central tenements For personal use only Square dots indicate potential areas for Ultra-high grade hard rock monazite hosted REE-Nb-U-Sc mineralisation defined by geochemistry analyses. Major structures may host u
Slide 11: Defined Drilling Targets - Prospective for REE
5 DEFINED DRILLING TARGETS - PROSPECTIVE FOR REE For personal use only • 1 Major drilling target identified in southern tenements • Square dot indicate potential area for Ultra-high grade hard rock monazite hosted REE-Nb-U-Sc mineralisation defined by geochemistry analyses. • Many samples waiting fo
Slide 12: Radiometric Traverse – Down Under Project
RADIOMETRIC TRAVERSE – DOWN UNDER PROJECT • Yellow highlight shows anomalous thorium responses, plotted as green lines on the red For personal use only spectrometer traverse line. • Line 6 radiometric traverse showing thorium anomalies associated with two of the three old surfaces recognised in the
Slide 13: Jequié Region Weathering - REE Model
BRAZIL – JEQUIÉ REGION WEATHERING - REE MODEL • Different zones in a weathered profile For personal use only contain different amounts and types of REE mineralisation • Mineralised ultramafics can have exceptionally high REE and Nb grades Corporate Presentation | July 2024 | 13
Slide 14: Metallurgy in the Jequié Region is Well Understood
METALLURGY IN THE JEQUIÉ REGION IS WELL UNDERSTOOD • Extensive metallurgy conducted on BRE projects in the For personal use only region. • Extracted readily with Ammonium sulphate with adjustment to pH 4. Economic level recoveries recorded. • Deleterious U and Th not extracted from the REE ore. • Cl
Slide 15: Exploration Plan – Down Under REE Project
EXPLORATION PLAN – DOWN UNDER REE PROJECT • Remote sensing work completed to define areas of laterite. Geomorphic mapping completed, sample site planning completed. Initial drill hole traverse sites identified, permitting in progress. For personal use only • Logistics bases set up in suitable areas
Slide 16: Exploring in the Jequié Region
EXPLORING IN THE JEQUIÉ REGION • First pass is to carry out carefully taken stream sediment samples to find REE and pathfinder element For personal use only anomalies. • Describing the rocks is the geologists job at each stream sediment sample site. • Follow up is radiometric traversing in the anoma
Slide 17: Down Under - Distribution of REE Anomalies
BRAZIL – DOWN UNDER-DISTRIBUTION OF REE ANOMALIES • View NNW over the TREE geochemical For personal use only anomalies in the NW sampled areas, adjacent to BRE’s Tres Braços mineralised area of the Down Under Project. • Section line is shown in blue in image of vertically exaggerated topography. Cor
Slide 18: Brazil: Niobium - REE
For personal use only BRAZIL: NIOBIUM - REE
Slide 19: Araxa Region Niobium and REE Projects
ARAXA REGION NIOBIUM AND REE PROJECTS • Located in the Barreiro carbonatite-alkaline igneous For personal use only complex near Araxa • The Araxá region contains the largest niobium mine in the world • The mine contains 94% of the world niobium reserves • Located along the “125 degree lineament” a m
Slide 20: Araxa Region Niobium and REE Projects
ARAXA REGION NIOBIUM AND REE PROJECTS • Position is 300 km west of Belo Horizonte in Minas Gerais For personal use only • Minas Gerais is a very mining oriented state in a mining friendly federal jurisdiction. • GMN holds 19 granted tenements and 1 application covering 388 km2. • Initial sampling is
Slide 21: Araxa Region Niobium and REE Projects
ARAXA REGION NIOBIUM AND REE PROJECTS • Mapped mid Proterozoic sedimentary sequence with the Late Cretaceous For personal use only carbonatite complexes shown in bright blue. The geology is overlaid on the magnetic gradient image. • Weathering is up to 250 metres thick and the ore body at the Nb min
Slide 22: Araxa Region Niobium and REE Projects
ARAXA REGION NIOBIUM AND REE PROJECTS • Tenements in relation to total For personal use only gradient field and to known mineralisation, mostly related to carbonatites. • Carbonatite like anomalies are present in several of the GMN tenements. • Dykes in the 125 degree lineament show as spotty red-or
Slide 23: Araxa Region Niobium and REE Projects
ARAXA REGION NIOBIUM AND REE PROJECTS • Tenements in relation to total For personal use only gradient field and to known mineralisation, mainly related to carbonatites • Carbonatites in the Araxa region form deposits of niobium, phosphate, barite, vermiculite, gem quality olivine and titanium. Corpo
Slide 24: Brazil: Lithium
For personal use only BRAZIL: LITHIUM Corporate Presentation | July 2024 | 24
Slide 25: Lithium Valley
BRAZIL – LITHIUM VALLEY Gold Mountain holds 49 tenements in Lithium Valley (48 granted and 1 application) For personal use only • Tenements qualified: Good geology, magnetics and structural settings as well as presence of indicator mineral occurrences. • Proximity to high value peers: GMN tenements
Slide 26: Lithium Valley
BRAZIL – LITHIUM VALLEY Gold Mountain holds 43 tenements in the Lithium Valley For personal use only • Tenements qualified: Good geology, magnetics and structural settings as well as presence of LCT indicator mineral occurrences. • Previous discoveries in region: Lithium Valley is a prolific lithium
Slide 27: Sao Francisco Craton
BRAZIL – SAO FRANCISCO CRATON Gold Mountain holds 47 granted tenements in northern Sao Francisco Craton For personal use only • Tenements qualified: Good geology, magnetics and structural settings as well as presence of spodumene and indicator mineral occurrences. • Juremal tenements: Numerous pegma
Slide 28: Sao Francisco Craton
BRAZIL – SAO FRANCISCO CRATON Gold Mountain holds 47 granted tenements in northern Sao Francisco Craton For personal use only • Tenements qualified: Good geology, magnetics and structural settings as well as presence of indicator mineral occurrences. • Campo Formoso tenements: Lithium anomalous catc
Slide 29: Seridó Belt
BRAZIL – SERIDÓ BELT Gold Mountain holds 9 tenements in the Seridó belt of the Borborema Province For personal use only • Tenements qualified: Good geology, magnetics and structural settings as well as presence of indicator mineral occurrences. • Previous discoveries in region: The Estrela Prospect
Slide 30: Seridó Belt
BRAZIL – SERIDÓ BELT Gold Mountain holds 9 tenements in the Seridó belt of the Borborema Province • Tenements qualified: Good geology, magnetics and For personal use only structural settings as well as presence of indicator mineral occurrences. • Previous discoveries in region: The Estrela Prospect
Slide 31: Seridó Belt
BRAZIL – SERIDÓ BELT Gold Mountain holds 9 tenements in the Seridó belt of the Borborema Province • Tenements qualified: Good geology, For personal use only magnetics and structural settings as well as presence of indicator mineral occurrences. • Previous discoveries in region: The Estrela Prospect
Slide 32: Seridó Belt
BRAZIL – SERIDÓ BELT Gold Mountain holds 9 tenements in the Seridó belt of the Borborema Province • Tenements qualified: Good geology, magnetics and For personal use only structural settings as well as presence of indicator mineral occurrences. • Previous discoveries in region: The Estrela Prospect
Slide 33: Solonopole Belt
BRAZIL – SOLONOPOLE BELT Gold Mountain holds 22 granted tenements in the Solonopole belt of the Borborema Province For personal use only • Tenements qualified: Good geology, magnetics and structural settings as well as presence of LCT indicator mineral occurrences. • Previous discoveries in region:
Slide 34: Borborema Median Belt
BRAZIL – BORBOREMA MEDIAN BELT Gold Mountain holds 4 granted tenements in the Median Belt of the Borborema Province For personal use only • Tenements qualified: Good geology, and structural settings as well as presence of LCT geochemical anomalies. • Previous discoveries in region: Regional rock sam
Slide 35: Brazil: Copper
For personal use only BRAZIL: COPPER Corporate Presentation | July 2024 | 35
Slide 36: Western Borborema
BRAZIL – WESTERN BORBOREMA Gold Mountain holds 121 granted tenements (plus 14 applications) in the Western Borborema Province Ararenda For personal use only • Tenements qualified: Good geology, mapped mineral occurrences of IOCG copper and Lithium pegmatites as well as presence of Lithium indicator
Slide 37: Western Borborema Province - Iguatu
BRAZIL – WESTERN BORBOREMA Western Borborema Province - Iguatu • Iguatu and Iguatu North; assessed for IOCG For personal use only type alteration and for magnetic anomalies likely to be associated with large accumulations of iron alteration. • IOCG Alteration: magnetite and tourmaline found in wides
Slide 38: Western Borborema Province - Iguatu
BRAZIL – WESTERN BORBOREMA Western Borborema Province - Iguatu For personal use only • IOCG copper deposits are characterised by a large amount of iron alteration. • Iron deposits in the Iguatu region are characterised by Iguatu anomaly map with ss work done dipole type magnetic anomalies. • GMN has
Slide 39: Western Borborema - Iguatu Project
BRAZIL – WESTERN BORBOREMA Iguatu Project • Review of aeromagnetic data: CPRM Ararenda For personal use only Magnetite and tourmaline identified dipole-dipole anomalies as alteration in joint face indicating probable iron occurrences. GMN searched for dipole anomalies to indicate iron occurrences, t
Slide 40: Western Borborema Province - Ararenda
BRAZIL – WESTERN BORBOREMA Western Borborema Province - Ararenda For personal use only • Ararenda tenements; contain extensions of a known IOCG copper mineralised occurrence • IP anomalies extend into GMN tenements and are not closed off. Lines of IP very limited (black lines in inset). • Known unte
Slide 41: Western Borborema Province - Ararenda
BRAZIL – WESTERN BORBOREMA Western Borborema Province - Ararenda For personal use only • Ararenda tenements; contain extensions of a known IOCG copper mineralised occurrence • IP anomalies extend into GMN tenements and are not closed off. IP performed and modelled by university thesis students • The
Slide 42: PNG: Copper - Gold
For personal use only PNG: COPPER - GOLD Corporate Presentation | July 2024 | 42
Slide 43: Wabag Project: Copper-Gold
WABAG PROJECT: COPPER-GOLD • Current and emerging targets: Major structural corridor identified from aeromagnetic and geochemical data For personal use only containing targets at Mt Wipi, Sak Creek and Mongae Creek- Monoyal. New epithermal/porphyry target at Mamba Creek • Mongae Creek: 3 porphyry ce
Slide 44: Wabag Project: Copper-Gold
WABAG PROJECT: COPPER-GOLD • Major Review and Detailed interpretation of Wabag shows extensive potential at Mongae Creek, Mamba For personal use only Creek and Mt Wipi. • Three separate porphyry centres identified at Mongae Creek, core of system interpreted to be at depth. • New target identified at
Slide 45: Green River Project: Copper-Gold
GREEN RIVER PROJECT: COPPER-GOLD • Reinterpretation of Green River: 30 years of sampling data has been compiled and reinterpreted and For personal use only combined with on the ground observations and aeromagnetic survey to recognise significant porphyry and epithermal copper-gold potential. • Intru
Slide 46: Contact
GOLD MOUNTAIN For personal use only CONTACT: DAVID EVANS - EXECUTIVE DIRECTOR M: +61 421 903 222 E: DAVID.EVANS@GOLDMOUNTAINLTD.COM.AU RHYS DAVIES - COMPANY SECRETARY & CFO M: +61 497846996 E: RHYS.DAVIES@GOLDMOUNTAINLTD.COM.AU ASX: GMN | CORPORATE PRESENTATION | JULY 2024 Corporate Presentation | J
Slide 47: Appendix: References
APPENDIX: REFERENCES Where a Competent Person has previously issued the written consent to the inclusion of their findings in a report, a company re-issuing that information to the Public whether in the form of a presentation or a subsequent announcement must, state the report name, date and referen