GREATLAND GOLD PLC (AIM:GGP) AGM Presentation 6 th December 2016 - - PowerPoint PPT Presentation
GREATLAND GOLD PLC (AIM:GGP) AGM Presentation 6 th December 2016 - - PowerPoint PPT Presentation
GREATLAND GOLD PLC (AIM:GGP) AGM Presentation 6 th December 2016 DISCLAIMER 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
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
Listed on AIM - GGP – July 2006 Number Of Securities in Issue – 1,631,349,845 Number Of Management Options In Issue – 75,000,000 at [0.2p – 0.5p] Number Of Warrants In Issue – 691,583,330 at [0.2p – 0.56p] Market Cap (undiluted) – GBP £3.3m (at a share price of 0.2p)
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Key Advisors Nomad Spark Advisory Partners Broker SI Capital Bankers Coutts, Westpac
ALEX BORRELLI – Non-executive Chairman FCA Alex is Chairman and CEO of BMR Group PLC. Alex is a qualified Chartered Accountant with many years experience in investment banking encompassing floatations, takeovers, and mergers and acquisitions for private and quoted companies. CALLUM BAXTER – Executive Director MSc MAusIMM MAIG Callum is an experienced geologist and investor. He has over twenty years exposure to capital markets and the natural resources sector specialising in early stage exploration. Callum is also Chairman/CEO of investee company Starvest PLC. GERVAISE HEDDLE – Executive Director BEc(Hons) BA (Juris) CFA Gervaise is an experienced investor and market commentator, a Non-executive Director of Thor Mining PLC and is the Managing Director of Bletchley Economics. Gervaise was a Division Director of Macquarie Bank and a Fund Manager at Merrill Lynch Investment Managers. Gervaise is a CFA charterholder and has extensive financial market experience.
BOARD OF DIRECTORS
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- Greatland Gold team continues to hold the view that we are at or near the bottom of the
commodities cycle and is proactively pursuing exploration on its portfolio of 100%-owned, Australian-based projects
- Actively reviewing external opportunities in order to capitalise on the relatively depressed
valuations within the sector
- Drilling at Ernest Giles gold project with first results expected in the coming weeks
- New programme of exploration work commenced at Warrentinna and Firetower projects
including RC drilling at Warrentinna
- Acquisition of exciting new Havieron project announced late September
- Current activities fully-funded with GBP825,000 cash at hand (no debt)
OVERVIEW
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Ernest Giles Project (WA, 100% owned) Significant RC drilling campaign targeting gold/antimony/arsenic anomalies Bromus Project (WA, 100% owned) Untested EM conductors identified in downhole EM data. Massive sulphides identified. Havieron Project (WA, 100% owned) Gold resource definition play in actively explored region. Firetower Project (TAS, 100% owned) New programme of field work to target two areas with little previous exploration Warrentinna Project (TAS, 100% owned) RC drilling campaign underway to test for extensions to existing gold mineralisation and new areas
EXISTING PROJECTS
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Greatland Gold currently has five projects in Australia
Ernest Giles covers a large (+1,000km²) of a unexplored greenstone belt located 250 km north east of Laverton
- Greenstone belts host the major gold mines in
Western Australia including: – Laverton +25mil oz – Tropicana +6mil oz – Yamarna (Gruyere) +7mil oz
- Gold mineralisation identified in previous
- drilling. Committed to 2016 RC programme.
- Over 100km of gold prospective stratigraphy
- The Board of Greatland believes that Ernest
Giles could deliver significant shareholder value with the discovery of +5 mil oz gold camp
ERNEST GILES GOLD PROJECT
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Ambitious new wide-spaced RC drilling campaign completed at Ernest Giles
- Previous drilling by Greatland revealed
large alteration systems and gold mineralisation +1g/t gold
- Interpretation of aeromagnetics has
- utlined numerous gold prospective
targets
- Wide-spaced RC drilling commitment for
2016
- Drilling results expected in the coming
weeks.
ERNEST GILES GOLD PROJECT
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Downhole EM Targets Identified
- Recent drilling (four 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@0.14%
- And, high levels of silver, zinc, cadmium
and sulphur detected that are indicative
- f a polymetallic VMS-type system
- Results merit further investigation, VMS-
style system a relatively new discovery for the region
- Downhole EM identified additional high
priority targets
BROMUS VMS PROJECT
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- Paterson Province (Orogen) hosts very large gold and
copper deposits such as Telfer and Nifty
- Havieron is an IOCG style deposit (Iron Oxide Copper
Gold) similar to large Olympic Dam and Ernest Henry deposits in eastern Australia
- Very limited drilling to date at Havieron but results of
+15g/t gold and +2% copper.
- Havieron represents a resource drilling target
HAVIERON GOLD PROJECT
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Project area covers 135 sq km of under-explored ground near Telfer in northern Western Australia
HAVIERON GOLD PROJECT
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Highly Prospective Region
- Strategically located 40km east
- f the major Telfer gold mine
- 500km east of rail and port
infrastructure at Port Hedland
- Telfer 27M oz gold and
- perational since 1977
- Nifty 2MT copper and
- perational since 1993
- Other discoveries in the region
include Magnum (Au), Calibre (Au), O’Callaghans (Cu) Maroochydore (Cu).
HAVIERON GOLD PROJECT
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- Paterson Province historically under-explored
- Gaining interest and attention from numerous
entities including major multi-national companies such as Rio Tinto
- Historic data highlights many regional targets
for future exploration
- Havieron has demonstrated high grade gold
and copper mineralisation and represents a resource definition target.
Historic Data Highlights a Priority Target
- Havieron target area is large at approximately
1.0km x 1.0km with gold to 15.45g/t and copper to 2.5%
- Only six drillholes with all intersecting
significant alteration. Several high grade zones in the limited drilling to date
- Mineralisation starts at 400m below surface
which is readily drilled with modern equipment
- Mineralisation is open particularly to east and
west and at depth.
- Walk up resource definition play
HAVIERON GOLD PROJECT
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Resource Definition Target
New targets identified for field work
- Firetower Gold Project covers an area of
62km² in central-north Tasmania
- Previous intercepts include 29m@2.39g/t
Au and 17m@5.37g/t Au
- First pass work to be conducted on area
4km to the north of existing mineralisation
- Detailed rock chip sampling and mapping to
be done on area immediately to the west of existing mineralisation
FIRETOWER GOLD PROJECT
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New RC drilling campaign underway at Warrentinna Gold Project
- Host rocks equivalent to the goldfields
in Victoria, south-eastern Australia (+50mil oz gold)
- Derby North - RC drilling has returned
results including 1m at 103g/t gold and 5m @ 29.2 g/t gold
- New RC drilling campaign includes 6 RC
holes for approximately 600 metres
- Key objective of new drilling is to
extend the company’s knowledge of this system
WARRENTINNA GOLD PROJECT
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- Greatland Gold continues to actively advance its
portfolio of exploration projects and is seeking additional opportunities
- Ernest Giles (gold) – Drilling commitment for
- 2016. Results expected in the coming weeks
- Bromus (nickel) – Further targets identified from
downhole EM work
- Havieron (gold/copper) – Exciting new gold
resource definition play in actively explored region
- Tasmania – New exploration programmes at both
projects underway
- Current activities fully-funded with GBP825,000
cash at hand (no debt)
CONCLUSION
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