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 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. www.greatlandgold.com 2
CORPORATE AND CAPITAL STRUCTURE Listed on AIM - GGP Key Advisors – July 2006 Nomad Spark Advisory Partners Number Of Securities in Issue – 1,631,349,845 Broker SI Capital Number Of Management Options In Issue – 75,000,000 at [0.2p – 0.5p] Bankers Coutts, Westpac 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) www.greatlandgold.com 3
BOARD OF DIRECTORS 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. www.greatlandgold.com 4
OVERVIEW • 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) • www.greatlandgold.com 5
EXISTING PROJECTS Ernest Giles Project (WA, 100% owned) Greatland Gold currently has five Significant RC drilling campaign targeting projects in Australia 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 www.greatlandgold.com 6
ERNEST GILES GOLD PROJECT 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 www.greatlandgold.com 7
ERNEST GILES GOLD PROJECT 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 • outlined numerous gold prospective targets Wide-spaced RC drilling commitment for • 2016 • Drilling results expected in the coming weeks. www.greatlandgold.com 8
BROMUS VMS PROJECT 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 of 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 www.greatlandgold.com 9
HAVIERON GOLD PROJECT Project area covers 135 sq km of under-explored ground near Telfer in northern Western Australia • 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 www.greatlandgold.com 10
HAVIERON GOLD PROJECT Highly Prospective Region • Strategically located 40km east of the major Telfer gold mine • 500km east of rail and port infrastructure at Port Hedland • Telfer 27M oz gold and operational since 1977 • Nifty 2MT copper and operational since 1993 • Other discoveries in the region include Magnum (Au), Calibre (Au), O’Callaghans (Cu) Maroochydore (Cu). www.greatlandgold.com 11
HAVIERON GOLD PROJECT Historic Data Highlights a Priority Target 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. www.greatlandgold.com 12
HAVIERON GOLD PROJECT Resource Definition 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 www.greatlandgold.com 13
FIRETOWER GOLD PROJECT 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 www.greatlandgold.com 14
WARRENTINNA GOLD PROJECT 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 www.greatlandgold.com 15
CONCLUSION • 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) www.greatlandgold.com 16
GREATLAND GOLD PLC (AIM:GGP) AGM Presentation 6 th December 2016
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