GREATLAND GOLD PLC (AIM:GGP) Annual General Meeting 4 December - - PowerPoint PPT Presentation

GREATLAND GOLD PLC

(AIM:GGP) Annual General Meeting 4 December 2018

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 on 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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OVERVIEW

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• AIM listed (LON:GGP) natural resources exploration and

development company with six 100%-owned projects in Western Australian and Tasmania

• Primary commodity focus on gold, copper and nickel
• Rapidly advancing key exploration targets in the Paterson

region of Western Australia following recent excellent results

• Spectacular results from first hole of second drill campaign

at Havieron, total combined intercept of 275m at 4.77g/t gold and 0.61% copper (HAD005)

• Well capitalised to support the momentum built in 2018

(approximately £6 million cash in the bank as at 27 July 2018) “One of the most spectacular results to come out of Australia in recent memory”

The Australian - one of the largest national newspapers in Australia – 20 November 2018

BOARD OF DIRECTORS

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www.greatlandgold.com ALEX BORRELLI Non-Executive Chairman

• Alex is Chairman of Greatland Gold PLC, and Chairman and CEO of BMR Group PLC
• Alex is a Chartered Accountant with many years experience in investment banking

GERVAISE HEDDLE Chief Executive Officer

• Gervaise is CEO of Greatland Gold PLC, and Non-Executive Director of Metal NRG

PLC

• Previously, Gervaise was a Non-Executive Director of Thor Mining PLC, a Division

Director of Macquarie Bank, and a Fund Manager at Merrill Lynch Investment Managers

CALLUM BAXTER Chief Technical Officer

• Callum is CTO of Greatland Gold PLC, and Chairman/CEO of Starvest PLC
• Callum is an experienced geologist and investor with over twenty-five years

exposure to capital markets and the natural resources sector, specialising in early stage exploration

CLIVE LATCHAM Non-Executive Director

• Clive joined Greatland Gold PLC as Non-Executive Director in October 2018
• Clive is a chemical engineer and mineral economist with over thirty years’

experience in senior roles across the mining sector, including as Copper Group Mining Executive at Rio Tinto where he was responsible for overseeing development of new projects and acquisitions

GREATLAND GOLD’S STRATEGIC ADVANTAGE

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Project identification

• Identifies and advances projects that have the potential for

the discovery of large mineralised systems (1m+ ounces gold)

• Experienced management team with expertise in identifying

and acquiring undervalued exploration and development projects with significant geological potential Project development

• Where possible retains 100% ownership of the project,

thereby maximising potential range of options for eventual monetisation (sale, joint venture, spin out via IPO)

• Operates in jurisdictions with low political risk and where

team has in-depth knowledge (currently all projects in Australia)

• Applies advanced exploration techniques in underexplored

areas to get a faster, lower cost evaluation of exploration potential

Paterson Project (WA)

• Havieron: Exceptional results from recent drill

campaigns, second drill campaign almost completed

• Black Hills: Gold nuggets discovered, high grade

gold in rock chips, 800m of strike at surface Firetower and Warrentinna Projects (TAS)

• Firetower: Recent 3D Induced Polarisation

(“3DIP”) survey identified a new large target

• approx. 1,000 metres long
• Both projects have demonstrated high grade gold

mineralisation near surface Ernest Giles Project (WA)

• Vast and virtually unexplored greenstone belt,

multiple gold targets identified Panorama Project (WA)

• Two styles of potential gold mineralisation

Bromus Project (WA)

• Exploration model under review

SIX PROJECTS: ALL 100% OWNED

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PATERSON PROJECT

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PATERSON: THE REGION

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Highly prospective region which has received significant media attention over recent months

• Greatland strategically located 40km east of the major

Telfer gold mine, 500km east of rail and port infrastructure at Port Hedland

• Multiple new exploration licence applications made

across the region and high levels of exploration activity from key regional players including Rio Tinto

• Large gold and copper deposits across the region

including the very large Telfer gold mine and large Nifty copper mine

• Multiple IOCG-type targets identified in the region
• Region has been the subject of much media attention

in Australia over recent months

Havieron

• First drilling programme (four core holes) results highlighted potential

for Havieron to be a very large mineralised system

• Excellent results from maiden drill campaign including 121m at

2.93g/t Au and 0.23% copper (HAD001)

• Spectacular results from first hole of second drill programme: 275m at

4.77g/t gold and 0.61% copper (HAD005)

• Latest geophysical modelling indicates potential for mineralisation to

extend further than previously expected to depths in excess of 1,200 metres Black Hills

• Black Hills regarded as having high potential for hosting gold deposits

similar in style to Newcrest’s Telfer Mine

• Multiple gold nuggets and high grade gold in rock chips discovered in

maiden campaign Regional

• New regional exploration campaign launched – MMI results from

Scallywag detect copper, silver and gold

PATERSON: YEAR TO DATE OVERVIEW

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Exceptional results from exploration campaigns at Havieron and Black Hills

PATERSON – HAVIERON

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• Havieron is a large geophysical target

consisting of a coincident magnetic and gravity anomaly covering an area approximately 1.0km x 1.0km

• In the late 1990s and early 2000s,

Newcrest completed six historic drill holes at Havieron (Newcrest HAC holes, Greatland HAD001-004)

• All Newcrest drill holes intersected

significant alteration, with several high grade zones detected (peak gold to 15.45g/t and peak copper to 2.5%)

• Mineralisation starts at 400m below

surface and is readily drilled with modern equipment

HAVIERON – HISTORICAL ACTIVITY

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Greatland’s first drilling campaign at Havieron was conducted in April-May 2018

• Exceptional results from first hole of maiden drill campaign (HAD001)
• 121m at 2.93g/t gold (Au) and 0.23% copper (Cu) from 497m to 618m, including:
• 11.5m at 21.23g/t Au and 0.67% Cu from 568.5m
• Bonanza intervals 0.5m at 137.69g/t Au and 1.8% Cu from 573m and 0.5m at 100.15g/t Au and

4.1% Cu from 575.5m

• HAD002
• 1m at 5.9g/t gold and 0.24% copper from 443m
• HAD003
• 21m at 3.78g/t gold and 0.44% copper from 418m

Results highlighted the potential for Havieron to represent a very large mineralised system

HAVIERON – EXCELLENT RESULTS FROM MAIDEN PROGRAMME

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Greatland’s second drilling campaign at Havieron commenced in September 2018

• Spectacular results from first hole of second drill campaign

(HAD005):

• Total combined intercept of 275m at 4.77g/t gold and 0.61%

copper (275m at 5.75g/t gold equivalent), consisting of two wide zones of mineralisation:

• An upper zone of 118m at 3.08g/t gold and 0.84% copper from

459m, including:

• 11.5m at 6.23g/t gold and 2.49% copper from 462.5m
• A lower zone of 157m at 6.04g/t gold and 0.44% copper from

660m, including:

• 38m at 20.17g/t gold and 0.82% copper from 700m

HAVIERON – HAD005 DRILL RESULTS REVEAL WORLD-CLASS INTERCEPT

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Established new peak grades at Havieron, 211.3g/t gold and 8.45% copper

HAD005 Drill Core Photo

PATERSON – BLACK HILLS

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• Tactical acquisition during bear market, Greatland owns 100% of Black Hills (E45/4512)
• Black Hills sits adjacent to the north-western border of Greatland’s Havieron licence
• Hosts known high grade gold at surface in similar style to the Newcrest Telfer mine (30km

west of Black Hills)

• Comprehensive review of historic data has identified four distinct zones of gold mineralisation

(Saddle Reefs, Eastern, Rogers and Northern Granites)

BLACK HILLS - OVERVIEW

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High priority exploration opportunity Commenced Greatland’s first exploration campaign on 18 June 2018

• Multiple gold nuggets and gold pieces in bedrock discovered in first few days
• Licence’s prospectivity for high-grade, near-surface gold mineralisation means that exploring

Black Hills’ potential will be a relatively low-cost and low-risk endeavour

• Acquisition is a continuation of Greatland’s strategy to target under-explored areas with

significant potential

Field work commenced on 18 June 2018 at Saddle Reefs prospect area

• Multiple gold nuggets and gold pieces in bedrock

discovered in first few days of maiden exploration programme

• High grade gold detected in rock chip samples, 11
• f 28 samples collected returned over 10g/t gold,

best gold results include 81.7g/t, 45.7g/t, 37.6g/t

• Rock chip sample results have established an 800

metre strike length of surface gold mineralisation at the Saddle Reefs prospect

• Recent 3DIP survey outlined a large, virtually

untested, buried target at Saddle Reefs over 1,000m of strike, which is coincident with high- grade gold mineralisation at surface

BLACK HILLS - GOLD NUGGETS DISCOVERED ON MAIDEN FIELD CAMPAIGN

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FIRETOWER AND WARRENTINNA PROJECTS

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• Firetower covers an area of 62km² in central-north

Tasmania

• Most drilling to date has not exceeded 100m in

depth and covers only a small portion of the targeted 4km strike length: previous drill intercepts include 29m at 2.39g/t gold, 17m at 5.37g/t gold (incl. 1m at 30g/t) and 10m at 6.2g/t

• Greatland conducted a 3DIP survey to assist in
• utlining the trend of mineralisation across a

1.6km strike length

• Results of 3DIP survey highlight a large target,
• approx. 1,000 metres long, traversing east-west

across Firetower project

• Greatland working on plans for a drill programme

in H1 2019 to test the new large target

FIRETOWER - OVERVIEW

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• Host rocks equivalent to goldfields in

Victoria, Australia (+50moz gold)

• Project area cover 37 km² and includes

15km of strike of prospective rocks

• Derby North – Greatland RC drilling has

returned results including 1m at 103g/t gold and 5m at 29.2 g/t gold

• Results from late 2016 RC drilling campaign

(6 RC holes) included 5m at 2.4 g/t Au including 1m at 4.7 g/t Au

• Mineralisation remains open to the north

and east and at depth

WARRENTINNA - OVERVIEW

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ERNEST GILES PROJECT

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• Ernest Giles project covers a vast and

virtually unexplored greenstone sequence

• f over 200km of strike of gold prospective

rocks

• Drilling in late 2016 identified two large

zones of gold mineralisation at the Meadows target

• In 2017, Deep Sensing Geochemistry work

at Meadows identified several new anomalies, including a large 5km by 1.5km gold anomaly

• In 2018, drill campaign at Meadows

extended two previously identified large zones of gold mineralisation. Greatland’s first drill campaign at Wishbone detected gold, silver and copper mineralization (up to 38ppb gold and 0.15% copper)

ERNEST GILES - OVERVIEW

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Why Dominate a Greenstone Belt?

• Greatland dominates the Ernest Giles gold

province with a landholding of approximately 2,000 square kilometres

• Most of the major gold deposits in Western

Australia are hosted by the greenstone belts

• All greenstone belts hold some amount of gold

with several areas hosting very large deposits The Future of Big Discoveries?

• Greatland’s view is that many of the multi-million
• unce gold deposits discovered over the next 20

years will be those that currently lie under significant cover

• The greenstone sequences east of Laverton were,

until recently, very poorly explored due to their remote location and cover sequences

ERNEST GILES – GOLD EXPLORATION AND GREENSTONE BELTS

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PANORAMA PROJECT

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• Three adjoining granted exploration licences

covering 155 km² in the Pilbara region. Gold targets identified on northern and southern licences

• In Northern licence, rock chip sampling results

returned up to 18.45g/t gold confirming historic rock chip results and indicating a potential high grade zone of gold mineralisation up to 3.2km long

• In Southern licence, two clusters of gold

anomalies were identified by soil and stream sampling coincident with the base of Mt Roe basalt and adjacent conglomerate

• Project occupies dominant and strategic position

across what is potentially largest coherent cobalt in streams anomaly in Western Australia

PANORAMA - OVERVIEW

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BROMUS PROJECT

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• Drilling in 2016/17 (six diamond holes) targeted

a 4.5km long ultramafic unit that was assessed to have potential for nickel sulphides

• Broad, low level, nickel intercepts reported

including 48m at 0.14%

• More interestingly, anomalous levels of silver,

zinc, cadmium and sulphur detected that are indicative of a polymetallic VMS-type system

• Results merit further investigation, VMS-style

system a relatively new discovery for the region

BROMUS - OVERVIEW

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• Leverage strong financial position to

accelerate exploration across its portfolio of exciting exploration assets

• Havieron: Spectacular initial results from

second drilling campaign (ongoing) following excellent results from maiden campaign

• Black Hills: Multiple gold nuggets and high

grade gold in rock chips detected in first exploration campaign

• Firetower: Drill programme in early 2019,

large target detected by 3DIP survey

• Seek to acquire new opportunities and

review options to monetise current projects

LOOKING AHEAD

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33 St. James’s Square London SW1Y 4JS United Kingdom +44 (0)20 3709 4900 info@greatlandgold.com

CONTACT DETAILS

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Financial PR 48 Gracechurch Street London EC3V 0EJ United Kingdom +44 (0)20 7618 9100 greatlandgold@luther.co.uk