GREATLAND GOLD PLC (AIM:GGP) Presentation 25 th May 2015 - - PowerPoint PPT Presentation

GREATLAND GOLD PLC

(AIM:GGP) Presentation 25th May 2015

Some statements contained in this presentation or in documents referred to in it are or may be forward-looking statements. Actual results may differ from those expressed in such statements, depending

• n a variety of factors.

Past performance of Greatland Gold plc or its shares is not a guide to future performance. Any forward-looking information contained in this presentation has been prepared on the basis of a number of assumptions which may prove to be incorrect, and accordingly, actual results may vary. This presentation does not constitute, or form part of or contain any invitation or offer to any person to underwrite, subscribe for, otherwise acquire, or dispose of any shares in Greatland Gold plc or advise to persons to do so in any jurisdiction, nor shall it, or any part of it, form the basis of or be relied on in any connection with or act as an inducement to enter into any contract or commitment therefore. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this presentation or on its completeness and no liability whatsoever is accepted for any loss howsoever arising from any use of this presentation or its contents otherwise in connection therewith. This presentation has been prepared in compliance with English law and English courts will have exclusive jurisdiction over any disputes arising from or connected with this presentation.

DISCLAIMER

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CORPORATE AND CAPITAL STRUCTURE

KEY STATISTICS Listed on AIM - GGP – July 2006 Number Of Securities in Issue – 733,078,692 Number Of Options In Issue – 30,000,000 @ 0.5p Market Cap – GBP £1.1mil – (at a share price of 0.15p) Significant Shareholders – Starvest plc 35,333,333 4.8% – Sunvest Corp Ltd 12,000,000 1.6% – C Baxter 10,858,666 1.5%

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Nomad Grant Thornton Corporate Finance Broker SI Capital Bankers Coutts Public Relations RLM Finsbury

CALLUM BAXTER – Chief Executive MSc (Geology) MAusIMM MAIG Callum Baxter is a geologist with over twenty years global multi-commodity experience and is a member of the Australian Institute of Geoscientists and the Australasian Institute of Mining and Metallurgy. He has developed considerable experience in the natural resources sector as an exploration geologist consulting to many major and minor mining companies and banking firms. Callum is founding director and CEO of Greatland Gold PLC. ANDREW BELL – Non-executive Chairman MA LLB In the late 1970s Andrew Bell was a natural resources analyst at Morgan Grenfell & Co. His business experience encompasses periods in fund management and advisory work at financial institutions including Grieveson Grant & Co and Phillips & Drew, corporate finance in Hong Kong, and private equity. Andrew Bell is currently Chairman of Regency Mines plc and Red Rock Resources plc, companies trading on AIM. JOHN WATKINS – Non-executive Director FCA John Watkins is a chartered accountant and a former partner of Ernst & Young and Neville Russell. He has experience as a public company director, and is finance director of Starvest plc, a substantial shareholder

• f the Company. Of his directorships, Starvest plc, Regency Mines plc and Red Rock Resources plc are listed
• n AIM.

BOARD OF DIRECTORS

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Gold price at around US$1,200 per ounce Supply and demand

–Supply fallen consistently for the past five years –Currency replacement demand

COMMODITIES - GOLD and NICKEL

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Nickel price has stabilised since start of 2015 Demand driven pricing

–Stainless steel production –Demand increase

CORE ASSETS Ernest Giles Project (gold and nickel), Central Western Australia [100% owned]

– Highly encouraging results from work to date.

Bromus (gold and nickel), Western Australia [100% owned]

– Gold mineralisation identified and large nickel target.

Firetower Project (gold), Northern Tasmania (Farm In agreement with Unity Mining)

– Unity Mining earning interest with expenditure of A$7m.

Warrentinna Project (gold), North Eastern Tasmania [100%

• wned]

– Encouraging drilling results to date.

PROJECT OVERVIEW

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Greatland Gold currently has 4 gold and nickel projects in Australia:

Located 250 km NE of Laverton in the Yilgarn. Ernest Giles is a large unexplored area spanning 948km²

• Major mines in the region include:

– Laverton +25mil oz – Tropicana +5mil oz – Yamarna +1mil oz

• Gold mineralisation identified
• Over 100km of gold prospective stratigraphy
• The Board of Greatland believes that Ernest Giles

could deliver significant shareholder value with the discovery of large +5 mil oz gold camps

ERNEST GILES GOLD PROJECT

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Detailed Airborne Geophysics Acquired and Targeting Completed.

• Drilling by Greatland revealed large alteration

systems and gold mineralisation +1g/t gold.

• Very high surface sampling results.

New targets identified.

• Interpretation of aeromagnetics has outlined

numerous gold prospective targets.

• Results so far are very encouraging considering

the unexplored nature of the property.

• Further drilling to be commence Q2 2015.

ERNEST GILES GOLD PROJECT

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Detailed Airborne Geophysics Acquired, Targeting and Sampling Completed

• Potential magmatic nickel-sulphide deposit
• Target resembles geophysical signature and size of

Sirius‘ Nova deposit

• Drilling scheduled for Q2 2015.

CARNEGIE NICKEL TARGET

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Ernest Giles Nickel Target : Carnegie

Sirius Nova Depoit to same scale 10.2Mt at 2.4% Ni, 1.0% Cu & 0.08% Co for 242,000 tonnes Ni, 100,000 tonnes Cu & 7,700 tonnes Co based on a 0.6% nickel equivalent cut-off.

Large nickel target identified

• Recently released government aeromagnetics outlined a 4.5km

long ultramafic unit.

• Historical records confirm consistently high nickel levels at surface.
• No previous exploration work to date for nickel.

BROMUS NICKEL PROJECT

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• A ground total-field, fixed-loop SAM EM survey was

conducted.

• 78.9 line km of coverage over 49 survey lines using three

large transmitter loops.

BROMUS NICKEL PROJECT

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Nickel-sulphide targets identified

• Several conductors detected and modelling for nickel-

sulphides completed.

• Targeting based on conductance, size, orientation and

depth.

• Four highly prospective drill targets selected for next stage
• f exploration.
• Targets range from 100m to 400m strike length & 60m to

180m width/depth extent.

The Firetower Project is managed by Unity Mining under the terms of a farm in agreement signed in October 2011. a) Unity Mining earning 51% with expenditure of A$2mil

• ver 42mths, and 75% expending $7mil over 5.5
• years. Currently at approx A$1.85mil level.

b) Unity Mining own and operated the Henty gold mine and bring to the Firetower project extensive local expertise. c) Ground geophysics completed on copper/gold target and core drilling recently completed with copper mineralisation confirmed. d) Currently in discussions with Unity RE proposed exploration activities for Q3 and Q4 2015.

FIRETOWER GOLD PROJECT

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Project area covers 20km of strike prospective for gold.

• Host rocks equivalent to the goldfields in

Victoria, south-eastern Australia (+50mil oz gold).

• Derby North - RC drill programme returned

1m at 103g/t gold and 5m @ 29.2 g/t gold.

• Mineralisation is from surface.
• Many other prospect to be fully evaluated.
• Potential for open pittable gold resources.
• Further RC drilling required at Derby North and
• ther prospects.

WARRENTINNA GOLD PROJECT

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The remainder of 2015 will see continued progress at the Company’s projects.

• Ernest Giles – Targets outlined. Drilling Q2 2015
• Bromus – Targets defined. Drilling Q3 2015.
• Firetower – Unity to complete additional field

programmes.

• Warrentinna – RC drilling required at Derby North

prospect.

• Activities funded with current cash at hand and via JV

arrangements.

• Looking at other opportunities to realise value from the

current portfolio of projects.

CONCLUSION

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