Wia Gold Limited · ASX:WIA
Wia Gold — Investor Presentation (June 2023)
24 slides from Wia Gold's investor presentation, June 2023
Slide 1: Investor Presentation June 2023
INVESTOR PRESENTATION June 2023 ASX:WIA ASX:WIA
Slide 2: Disclaimer
Disclaimer General Information and Disclaimer statements, including, without limitation: inherent uncertainties and risks Such forward looking statements/projections are estimates for discussion associated with mineral exploration; uncertainties related to the availability purposes only and should n
Slide 3: Corporate snapshot
Corporate snapshot Strong, experienced leadership team Board and Management Capital structure Andrew Pardey Mark Arnesen Ticker Code ASX: WIA Chairman Non-Executive Director Currently Managing Director at Predictive Discovery, Mark is a Chartered Accountant with over 30 years’ Issued Capital 572.3 M
Slide 4: Strategic portfolio
Strategic portfolio Highly prospective tenure in fertile gold belts Namibia Côte d’Ivoire +2,700km2 landholding in an under-explored mineralised belt +4,500km2 landholding across 4 key projects in the West African craton • Located near deep-seated regional structures, recognised as critical for sign
Slide 5: Kokoseb: A rapidly growing gold discovery in Namibia
Kokoseb: A rapidly growing gold discovery in Namibia Inferred Resource of Moz 1.3 Cost effective resource at 1.0 g/t Au (0.5 g/t cut-off) delineation (<US$2/oz) through (May 2023)1 rapid, systematic exploration Preliminary metallurgical test Namibia a world-class mining results deliver +91% gold jur
Slide 6: Kokoseb gold deposit, Namibia (80% WIA)
Kokoseb gold deposit, Namibia (80% WIA) • Namibia is a well-recognised mining jurisdiction • Established history as a significant producer of uranium, diamonds, gold and base metals • Politically stable • World-class mining infrastructure • Mining-friendly environment with an active exploration and
Slide 7: A game-changing gold discovery
A game-changing gold discovery • Reconnaissance diamond drilling completed in Q2 2022, consisted of 12 holes, totalling 1,747 metres1 • Over 20,000 metres RC drilling completed as of April 2023; one drill rig remaining onsite for further drilling • MRE covers 2.9km strike (750m + 2150m) where regula
Slide 8: Maiden Mineral Resource Estimate
Maiden Mineral Resource Estimate Delivered in 11 months from discovery hole Inferred Mineral Resource Estimate of 1.3 Moz Au Cut off Tonnes Au Au Au g/t (Mt) g/t Moz • 41 million tonnes at 1.0 g/t Au at a cut-off grade of 0.5 g/t COG within a US$1,800/oz pit shell 0.10 100 0.57 1.8 0.20 76 0.69 1.7
Slide 9: Maiden Mineral Resource Estimate
Maiden Mineral Resource Estimate 2.9km strike with significant scope for expansion • Dataset informing the MRE includes results from 12 diamond holes and 90 RC holes, totalling 19,496m of drilling results, along with data from 10 trenches for 1,058m • Resource pit shells extend to 2.9km strike and r
Slide 10: Kokoseb mineralisation
Kokoseb mineralisation Fine disseminated native gold grains in metasediments • Mineralisation hosted by the Kuiseb Formation (same as Twin Hills deposit), metasediments as biotite-schist extensively intruded by both late syn-tectonic and post tectonic granites • Gold present as native gold grains an
Slide 11: Straightforward metallurgy
Straightforward metallurgy • Preliminary metallurgical test work completed on two samples composited from RC bulk samples in fresh sulphide material1 • Gold recoveries of 91.37% and 91.35% • Complete sample leach testing, target grind of P80 75µm followed by gravity recovery and direct cyanidation l
Slide 12: Significant upside potential
Significant upside potential • High-grade plunging shoots identified in the NW Zone1 and Southern Zone2 – not readily visible due to wide spaced drilling pattern; how many remain to be discovered…? • Latest hole KRC086 returns exceptional unconstrained intercept of 68m at 5.72 g/t Au2 at 234m vertic
Slide 13: Promising surface geochemistry
Promising surface geochemistry Additional gold mineralisation potential • Results from initial grid soil sampling program show large +100 ppb core of gold anomalism over a +2.2km undulating strike1 • In-soil gold and arsenic values show continuous low-level anomalism under the colluvium lying on the
Slide 14: The way forward at Kokoseb
The way forward at Kokoseb… • Further RC drilling underway – continuous results through CY2023 • Along-strike exploration and hidden targets (under the Southern Zone south dipping thrust, in areas under surface cover – calcrete and colluviums – along strike); to be tested by RAB drilling and further
Slide 15: Côte d'Ivoire Projects
Côte d’Ivoire Projects Mankono • One exploration permit granted, Mankono Ouest, plus five permits under application • Covering +75km of strike across several major regional shears of the Banfora-Daloa greenstone belt, which hosts the Abujar gold Project (Tietto Minerals) along strike to the south an
Slide 16: Mankono Gold Project
Mankono Gold Project High level gold targets identified by auger drilling • Two extensive gold anomalies of +9km, defined from initial surface sampling in 2021 – Central Gold Anomaly and Southern Gold Anomaly1 • Aggressive infill auger drilling program targeting Southern Gold Anomaly completed – 12,
Slide 17: Bouaflé Gold Project
Bouaflé Gold Project A pipeline of gold mineralised targets Two new significant surface gold anomalies • 8,400m of auger drilling and 7,500m of aircore drilling completed over the centre of the mineralised shear in 2022 and historical gold anomalies identified numerous continuous mineralised zones o
Slide 18: WIA and Kokoseb: A premier gold exploration investment
WIA and Kokoseb: A premier gold exploration investment Inferred Resource of 1.3 Moz Cost effective resource at 1.0 g/t Au (0.5 g/t cut-off) delineation (<US$2/oz) through (May 2023) rapid, systematic exploration Preliminary metallurgical test Namibia a world-class mining results deliver +91% gold ju
Slide 19: Level One 1318 Hay Street, West Perth
Level One 1318 Hay Street, West Perth WA 6005 Australia T: +61 8 9381 5686 E: info@wiagold.com.au ASX:WIA | 19
Slide 20: Appendices
APPENDICES ASX:WIA ASX:WIA | 20
Slide 21: Appendix 1: Namibia JV Terms
Appendix 1 Namibia JV Terms JV Parties Epangelo Mining Company1 (includes the Kokoseb Gold Discovery) and Kongom Group Stages 1 & 2 80% JV interest earned in Epangelo Licences completed 90% JV interest earned in the Kongom Licenses Minorities free carried to DFS (Epangelo) or Stage 3 Decision to Min
Slide 22: Appendix 2: Côte d'Ivoire JV Terms
Appendix 2 Côte d’Ivoire JV Terms Predictive Discovery (ASX:PDI) and West African JV Parties Venture Investments (WAVI) Stage A$150k upon granting of exploration licences Payments Earn 80% JV interest by meeting minimum expenditure Stage 1 commitments on licences for 12 months Continue sole funding
Slide 23: Issia Gold Project
Issia Gold Project New greenfield project showing early potential for multi commodities • Reconnaissance mapping commenced in Dec 2022: several zones of artisanal gold mining identified & spodumene rich pegmatites mapped • Regional stream sediment sampling survey completed (BLEG methodology) – resul
Slide 24: Bocanda Gold Project
Bocanda Gold Project Greenfield project with the potential to host significant gold mineralisation • Stream sediment samples collected over both the Bocanda and Bocanda Nord permits have returned gold results up to 22ppb Au1 • Outlined three large zones with potential for in situ gold mineralisation