Gwr Group Limited · ASX:GWR
Gwr — Shareholder Meeting (November 2016)
16 slides from Gwr's shareholder meeting presentation, Nov 29, 2016
Slide 1: 2016 AGM Presentation
2016 AGM Presentation Craig Ferrier, CEO 29 November 2016
Slide 2: Disclaimer
Disclaimer These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of, & may be unknown to, the company. Actual results
Slide 3: Strategy and Vision
Strategy and Vision Focus on cash generating opportunities – Advanced stage opportunities Sector focus on gold, base and specialty metals – High value products in stable jurisdictions Move away from iron ore and bulk commodities – Long lead time, high capital costs and long payback Direct pa
Slide 4: 2016 Highlights
2016 Highlights Hatches Creek Wiluna West Gold – Acquired for $500,000 – Investigating near term – Replaced JV structure mining opportunities – Dump sampling highlights – Discussions with Blackham polymetallic potential Resources underway – Drilling recently completed – Regional targets being assess
Slide 5: Hatches Creek Acquisition
Hatches Creek Acquisition Acquired for $500,000 Replaced earn-in JV spending $1.5m Highly prospective stratigraphy, previously mined for high grade tungsten Recent sampling highlights polymetallic potential
Slide 6: Hatches Creek Dump Sampling Results
Hatches Creek Dump Sampling Results Pioneer Mine Area – Up to 0.9% WO3 and 1.19g/t Au – Averaged 0.38% WO3 and 0.39g/t Au Black & Green Diamond – Up to 0.67% WO3 and 0.3% Cu Treasure Group – Up to 1.16% WO3 Hit or Miss Group – Up to 0.73% WO3 and 1300ppm Bi Copper Show – Up to 3.47% WO3 an
Slide 7: Hatches Creek Drilling
Hatches Creek Drilling 18 hole maiden RC drilling program testing priority targets for 1740m completed. – Pioneer: 5 holes for 440m – Treasure: 4 holes for 510m – Hit or Miss: 6 holes for 600m – Copper Show: 3 holes for 190m Assay results for the drilling are pending.
Slide 8: Wiluna West Gold Project
Wiluna West Gold Project Original company focus Introduce project Background JORC-2004 pic Resources* Mineral Resources – 3.478Mt at 2.3g/t Au for 258,400oz Mining studies completed Previous mining studies are to be Regional potential updated in particular that of Eagle and Golden Mo
Slide 9: Priority development targets
Priority development targets Recent review has highlighted several areas as priority targets to be followed up: Eagle previous intercepts include: – WWRC020, 14m @ 10.5g/t from 20m – WWRC068, 6m @ 10.6g/t from 29m Emu previous intercepts include: – JFRC04, 6m @ 3.9 g/t from 88m – JF271, 10m @
Slide 10: Golden Monarch start up mining opportunity
Golden Monarch start up mining opportunity 311 RC drill holes for 13,230m completed to date 5m by 5m RC drill spacing in proposed start up pit area past pit optimisations and mining studies Other areas approximately 20m by 10m to 40m by 20m Work required: – Minor infill RC mainly for QA/QC
Slide 11: Wiluna West Regional Targets
Wiluna West Regional Targets SGC, re-interpretation of detailed aerial magnetics Tenement map with prospects – 60 lithostratigraphic targets 23 of which are rated as high priority Orientation soil geochemistry completed Soil sampling completed at the Target 6, Eagle, Emu and Comedy King pros
Slide 12: Ore Processing Opportunity
Ore Processing Opportunity Opportunity for processing Discussions underway Potential benefits to BLK for processing efficiencies Various options being discussed: – Joint venture – Toll treatment – Ore sales etc * Some changes in GWR tenements may have occurred since plan preparation
Slide 13: New Business Opportunities
New Business Opportunities Tungsten Mining Excelsior Gold RWG Minerals – Emerging tungsten – $2.25m convertible – Nardoo Well developer note & subordinated anomalous lithium loan by GWR and significant – Substantial tungsten tungsten from recent Mineral Resources – Gold miner - rock chip samples Kal
Slide 14: 2017 Outlook and Program
2017 Outlook and Program Hatches Creek Wiluna West Gold – Release assay results – Complete discussions with – Interpret for follow up Blackham – Systematic drill programs – Design drilling and work over high priority targets program to progress to ‘mine ready’ – Implement mining strategy Tungsten Mi
Slide 15: Thank you
Thank you Include contact details Craig Ferrier Chief Executive Officer GWR Group Limited Ph: +61 8 9322 6666 E: craig.ferrier@gwrgroup.com.au For media and broker enquiries: Andrew Rowell Cannings Purple Ph: +61 400 466 226 E: arowell@canningspurple.com.au
Slide 16: Annexure 1
Annexure 1 Wiluna West Gold Project Resources As at 30 June 2016, total JORC (2004) Indicated and Inferred Mineral Resources were as follows: Wiluna West Gold Project - Mineral Resource Reported above a 1.0g/t cut-off Classification Tonnes Au g/t Ounces Indicated 46,000 3.5 5,200 Inferred 3,432,000