Gibb River Diamonds Limited · ASX:GIB
Gibb River Diamonds — Shareholder Meeting (November 2023)
17 slides from Gibb River Diamonds's shareholder meeting presentation, Nov 24, 2023
Slide 1: AGM Presentation
AGM Presentation A Simple Plan for Ellendale Diamond Production 24 November 2023
Slide 2: GIB is an ASX Listed, Multi-commodity Exploration and Development Company
GIB is an ASX Listed, Multi-commodity Exploration and Development Company ASX Code: GIB Total Shares on Issue 211,509,445 % of Major Shareholders Shares Capital Market Capitalisation Jim Richards 41,683,592 19.7 $7.0 M (undiluted at $0.033/share) Other Directors 9,273,888 4.4 Cash on Hand (31 Sept)
Slide 3: Board of Directors & Management
Board of Directors & Management Mr. Jim Richards BSc Hons (Geology), Executive Chairman 30 years experience in mining and exploration Non-Executive Non-Executive Exploration Director & Company Director Manager Secretary Tom Reddicliffe Michael Denny Grant Mooney 3
Slide 4: Ellendale Diamond Project (GIB 100%) Kimberley, Western Australia
Ellendale Diamond Project (GIB 100%) Kimberley, Western Australia 4
Slide 5: Ellendale Project
Ellendale Project 3 x Mining Leases pending Native Title approval Relatively simple permitting Ability to deliver a significant new source of Fancy Yellow diamonds The diamond valuations and Fancy Yellow component of the Main Lights Stockpile are very similar to the main E9 run of mine Per
Slide 6: E9 JORC Resource – 5.2 million tonnes @ 1.26cpht
E9 JORC Resource – 5.2 million tonnes @ 1.26cpht. Yellow Diamonds in Lights Stockpile and Alluvials. 6
Slide 7: Ellendale Lights Stockpile. A New Source of Fancy Yellow Diamonds
Ellendale 9 Lights Stockpile. A New Source of Fancy Yellow Diamonds. Inferred Resource Tonnes Grade Carats Value US$/tonne million cpht* US$/carat Total 5.2 1.26 66,200 1,200 15.3 * Carats per hundred tonnes Lights Stockpile Bulk Sample Site LS2 Lights Stockpile Sample LS2 Diamonds 7
Slide 8: E9 Lights Stockpile - Crushed & Weathered Feed
E9 Lights Stockpile - Crushed & Weathered Feed Ready to Wash, Screen & Sort 8
Slide 9: Ellendale West & East Channels. Extensions To Previous Mining
Ellendale 9 West & East Channels. Extensions To Previous Mining. Alluvial Diamond Valuations April 2023 Alluvial Channel Price per carat US$ E12 Alluvials 796 E9 East Alluvials 828 E9 West Alluvials 252 E9 East alluvial Diamonds. High proportion of large stones and Fancy Yellows 9
Slide 10: E9 West Alluvials
E9 West Alluvials Extensions To Previous Mining • Mining at the E9 West alluvial Channel was suspended when KDC went into administration in 2015. • Unmined areas of high grades remain: up to 41.6 carats per hundred cubic metres (cphm3) • Large area already pre-stripped (photo above) 10
Slide 11: Ellendale: Milestones To Diamond Production
Ellendale: Milestones To Diamond Production A Simple Plan GIB proposes to mine the Ellendale Lights Tailings Resource via a simple washing, screening and sorting plant with the tailings being disposed of in the nearby historic E9 open pit. Operational Milestones Grant of Mining Licence M04/477 - c
Slide 12: Edjudina Gold Project – GIB 100%
Edjudina Gold Project – GIB 100% Eastern Goldfields, Western Australia Neta Prospect JORC Resource A third of the resource is in the Indicated category Mineralisation commences from surface Mining lease currently being progressed through the Native Title system Excellent exploration potentia
Slide 13: Highland Plains Phosphate Project - GIB 100%
Highland Plains Phosphate Project - GIB 100% 13
Slide 14: Highland Plains Resource
Highland Plains Resource • JORC (2004) Inferred Resource: 56 million tonnes at 16% P2O5 with a 10% P2O5 cut • The Western Mine Target Zone (WMTZ) is shallower and has a higher grade JORC Inferred Resource of 14 million tonnes at 20% P2O5 with a 15% P2O5 cut (a sub-set of the total resource) • Low le
Slide 15: Iroquois Zn-Pb Project, Earaheedy Basin, WA
Iroquois Zn-Pb Project, Earaheedy Basin, WA STK 80%; GIB 20% Free-carry to BFS • The Iroquois Zn-Pb discovery is along strike from Rumble Resources Chinook Zinc-lead Project • Assays for STK hole IQRC001: 22m @ 2.2% Zn + Pb from 37m 23m @ 5.5% Zn + Pb from 108m • STK have submitted an application fo
Slide 16: Disclaimer
Disclaimer This presentation is an overview of the Company prepared with good intention. It is not a prospectus and offers no securities for subscription or sale in any jurisdiction, nor a securities recommendation. All information necessary for investment decisions is not contained herein and inves
Slide 17: Contact us for more on: Gold – Edjudina, WA Diamonds – Ellendale, WA
Contact us for more on: Gold – Edjudina, WA Diamonds – Ellendale, WA Zinc/lead – Iroquois, WA Phosphate – Highland Plains, NT Jim Richards Executive Chairman 16 Ord Street, West Perth, WA 6005 T +61 8 9422 9500 E info@gibbriverdiamonds.com gibbriverdiamonds.com ASX Code: GIB 17
Gibb River Diamonds — Shareholder Meeting (November 2023) on 6ix