Gbm Resources Limited · ASX:GBM

Gbm Resources — Investor Presentation (February 2022)

35 slides from Gbm Resources's investor presentation, Feb 10, 2022

  1. Slide 1: Investor Update and Plans for 2022

    Investor Update and Plans for 2022 ASX:GBZ GBM: delivering world class gold resources Presentation – 10 February 2022

  2. Slide 2: Important notices

    Important notices This Document is not a Prospectus nor an Offer to Subscribe for Shares and Options (the “New Securities”) in any jurisdiction. The distribution of this Document in jurisdictions outside of Australia may be restricted by law. Any person who comes into possession of this Document in

  3. Slide 3: GBM's strategy

    GBM’s strategy Assemble, explore and develop world class, high grade gold resources Key focus: On Prospective Drummond Basin Gold Flagship Approximately 4,540 km2 Claims Package 1.6 Moz Gold JORC Resources Aiming to define 2-3 Moz Gold Resource in Drummond Basin, QLD, Australia Planned inground reso

  4. Slide 4: GBM has delivered

    GBM has delivered Drummond Basin Total JORCResources In 2020 and 2021 progress: Contained Au Metal (koz) 1,800  Significant increase in gold resources with consolidation, see chart1 1,600 1,400  Joint ventured “Fosterville style gold” Malmsbury project in Victoria 1,200 1,000 Inferred 800  Advanc

  5. Slide 5: 2022 Plans

    2022 Plans 1. Drummond Basin, QLD, Australia (Prioritise Resource Expansion, Category Upgrades and New Discoveries) Exploration Priorities  Commence >20,000 m drilling program (Twin Hills, Yandan, Illamahta, Mt Coolon)  Advance geological models for targets at Yandan and Glen Eva/Eastern Siliceous

  6. Slide 6: Growing resource base provides leverage to gold price

    Growing resource base provides leverage to gold price  GBM’s growing gold resource base (330 koz to ~1.6 Moz) provides leverage to the rising A$ gold price  Short term - the rising copper and gold prices support additional cashflow generation from the White Dam Heap Leach operation https://goldpri

  7. Slide 7: Successful, experienced global directors/team with a history of value add

    Successful, experienced global directors/team with a history of value add Peter Mullens, Executive Chairman – mine & exploration geology internationally Peter Rohner, Managing Director – world leading figure in metallurgy Tom Cooney, Chief Operating Officer – mining engineer with development and ope

  8. Slide 8: Mount Coolon, Yandan and Twin Hills Gold-Silver Projects

    Mount Coolon, Yandan and Twin Hills Gold-Silver Projects Drummond Basin GBM drilling at Yandan, 14 April 2021

  9. Slide 9: Our Business – Focus on Drummond Basin

    Our Business – Focus on Drummond Basin  400% increase in resources  Focus on flagship – Drummond Basin gold  Significant tenement position (3,757 km2 granted DRUMMO CLONCURRY JVND BASIN and 783 km2 under application) in prospective region Mine MT Priority Project MORGAN with Drummond Basin (100%)

  10. Slide 10: Drummond Basin – Flagship Gold Province

    Drummond Basin – Flagship Gold Province  High potential for new discoveries and to increase and upgrade resources at each site Mt CoolonProject 100%GBM Resource: 330 kozAu1,2  13 epithermal gold systems in portfolio and many Conway Legend more prospects Bimurra GBM EPM granted Clewitts YandanProje

  11. Slide 11: Twin Hills Resource Expansion and Regional Exploration Opportunities

    Twin Hills Resource Expansion and Regional Exploration Opportunities  Twin Hills Project Twin HillsGold Project  Higher grades over extended intervals 100%GBM Carboniferous 309 +Lone Sister Resource: 633 koz Au1  Upside to resources at both projects and nearby targets Sediments  Historical drill

  12. Slide 12: Twin Hills Expansion and Regional Exploration Opportunities

    Twin Hills Expansion and Regional Exploration Opportunities 309 CrossSection B-B’ (5274E) (Looking West +/- 20 m window) 309 CrossSection C-C’ (5412E) (Looking West +/- 10 m window) Interpreted Lithology with Length Weighted Au g/t Intersections Interpreted Lithology with Length Weighted Au g/t Inte

  13. Slide 13: Twin Hills Expansion and Regional Exploration Opportunities

    Twin Hills Expansion and Regional Exploration Opportunities Lone Sister CrossSectionB-B’ (7568180N) Lone Sister CrossSectionC-C’ (7568300N) Interpreted Lithology with Length Weighted Au g/t Intersections Interpreted Lithology with Length Weighted Au g/t Intersections (Looking North +/- 20 m window)

  14. Slide 14: Yandan Resource Expansion and Regional Exploration Opportunities

    Yandan Resource Expansion and Regional Exploration Opportunities Legend Northeast Ridge Drill Trace Au g/t  Initial drill program completed at Yandan - August 20213 Golden Sinter Hill • Mineral Resource estimate being updated (Yandan, along with Main Eye Pit and Illamahta) East Hill and South Hill

  15. Slide 15: Mt Coolon Resource Expansion and Regional Exploration Opportunities

    Mt Coolon Resource Expansion and Regional Exploration Opportunities Tertiary to Quaternary  JORC resources 330 koz Au at Koala and Eugenia Cover Eugenia 3.43 Mt @ 1.1 g/t Au3  Targeting Glen Eva – Eastern Siliceous Trend with GBM Tenement Boundary Previous gradient array surveys GBM 2020/21 strong

  16. Slide 16: Mt Coolon Glen Eva Comparison to Pajingo Trend

    Mt Coolon Glen Eva Comparison to Pajingo Trend Glen Eva Pit GBM 2020 drill hole Strong chargeability anomalies suggest possible Yandan style Historic production est. 37,200 oz Au 13.4 m wide vein (down hole) silica-pyrite alteration +/- mineralization. Targets largely concealed GBM JORC 2021 resourc

  17. Slide 17: Mt Coolon Glen Eva – Current Drilling

    Mt Coolon Glen Eva – Current Drilling (Remaining assays to be reported soon) Glen EvaPit PreviousProduction 156 kt @ 4.8 g/t Au for 24,185 oz Au +100,000 ounce systemto date Glen EvaGBM Resource 2017 1.66 Mt @ 1.5 g/t Au for 78,300 oz Au 21GEDD021 Mined Pit Assays Pending Target for 21GEDD026 21GEDD

  18. Slide 18: Glen Eva Eastern Siliceous (GEES) Trend

    Glen Eva Eastern Siliceous (GEES) Trend (Assays Pending) Photos of carbonate base metal veins in drill core from 21GEDD019 Epithermal gold deposit characteristics and potential relationship to the at (A) 240 m and (B) 226 m. Note that euhedral sphalerite is GEES Trend. deposited along the vein margi

  19. Slide 19: Pajingo – Epithermal Trend

    Pajingo – Epithermal Trend Pajingo - Vera Nancy trend long section with gold gram x metres grade distribution 1 North Nancy North Anne Vera South Vera Nancy South Jandam Pajingo - Vera Nancy Trend (Production + Resources) ~ 5 Moz Au 2 1000 RL +250 m 800 RL 500 m 600 RL The Pajingo mine's mineralisat

  20. Slide 20: Cracow – Epithermal System

    Cracow – Epithermal System The third exploration phase in January 1999 and led to the discovery of the Royal Shoot. Crown Shoot Discovery - 2001 Cracow has been a consistent and reliable operation, producing a total of 1.4 Moz ounces of high-margin gold since mining began in 2004. Following historic

  21. Slide 21: Malmsbury Gold Project

    Malmsbury Gold Project Malmsbury Gold Project Historic GBM drilling at Malmsbury, 2010

  22. Slide 22: Our Business – Malmsbury JV

    Our Business – Malmsbury JV  Prospective “Fosterville style” gold target Victorian goldfield CLONCURRY JV DRUMMOND BASIN  Novo Res. partner funded exploration ~$2.0 M planned for 2022 Mine MT Priority Project MORGAN with Malmsbury JV (50%, with Novo Resources Corp. 50%) KeyInitial Resource Explora

  23. Slide 23: Malmsbury: Fosterville style Gold Project Joint Venture with Novo Resources Corp.

    Malmsbury: Fosterville style Gold Project Joint Venture with Novo Resources Corp. Stawell Zone2,3 Bendigo Zone2,3 Melbourne Zone2,3 Tabberabbera Zone2,3 6 Moz Au 60 Moz Au 4.3 Moz Au 2.9 Moz Au  Targeting Fosterville style high grade gold Central Victorian New South Wales Goldfields Catalyst Metals

  24. Slide 24: White Dam Gold-Copper Heap Leach Operation

    White Dam Gold-Copper Heap Leach Operation

  25. Slide 25: Our Business – White Dam

    Our Business – White Dam  Produced first gold and copper - cashflow  Expanding production  Resource drill out completed, updated mineral CLONCURRY JV resource estimate being finalised DRUMMOND BASIN  Further mining options and value adding options being Mine MT Priority Project reviewed MORGAN w

  26. Slide 26: White Dam Gold Copper Heap Leach Operation

    White Dam Gold Copper Heap Leach Operation Cash flow from gold-copper production GBM White Dam Gold Resource – JORC 2012 1  Significant Project assets White Dam North Resource Outline  Existing resources 1.2 Mt at 0.5 g/t Au for 20.3 koz Au  Pads and operating gold plant  Significant tenement po

  27. Slide 27: Summary – Catalysts

    Summary – Catalyst’s 1 Focused Board and management with international experience and discovery track record 2 Cash/Receivables/Marketable Securities of approx. A$6.4 million (including Milo sale shares ~$2 million) 3 ~1.6 Moz resource base at Flagship Drummond Basin Gold-Silver Project - Great Star

  28. Slide 28: Contact

    Contact Peter Rohner Managing Director GBM Resources +61417780462 Level 5, Suite 502 303 Coronation Drive Milton QLD 4064 www.gbmr.com.au ASX: GBZ

  29. Slide 29: Appendix

    Appendix

  30. Slide 30: A team with a proven track record

    A team with a proven track record Peter Mullens, Executive Chairman  Geologist (BSc, FAusIMM) with 37 years’ international experience in mine and exploration geology  17 years in Director / officer roles in public and private resources companies  Lydian Resources (TSX:LYD); Laramide Resources (TS

  31. Slide 31: Mineral Resource Estimates

    Mineral Resource Estimates Resource Category Total Cut-off Deposit 000' t Measured Au g/t Au oz 000' t Indicated Au g/t Au oz 000' t Inferred Au g/t Au oz 000' t Au g/t Au oz The announcements containing the Table 1 Checklists of Assessment and Koala Reporting Criteria relating to the 2012 JORC comp

  32. Slide 32: Other Assets – Cloncurry JV

    Other Assets – Cloncurry JV  High potential copper-gold ground in NW Qld mineral province CLONCUR  JV partner Nippon Mining funding exploration RY JV DRUMMOND BASIN ~$0.9 M in 2022. Mine MT Priority Project MORGAN with KeyInitial Resource Exploration Cloncurry JV (46%, with Nippon Mining 54%) Proj

  33. Slide 33: Cloncurry Copper-Gold JV

    Cloncurry Copper-Gold JV Planned 2021/22 exploration focus just north of Ernest Henry

  34. Slide 34: Other Assets – Mt Morgan

    Other Assets – Mt Morgan  High potential gold-copper tenements (1,017 km2) surrounding the world class historic Mt CLONCURRY JV Morgan mine (7.7 Moz gold and 361 kt copper)  LOI to vend project out to TSXV listed DRUMMOND BASIN MT Mine Priority Project company – Smartset 1, definitive agreements M

  35. Slide 35: Mt Morgan – District Scale Gold Copper Exploration Opportunity

    Mt Morgan – District Scale Gold Copper Exploration Opportunity • World class gold and copper district hosting the Mt Morgan Mine, which produced 50 Mt of ore containing 7.6 Moz Au and 360 kt Cu1 • Smartset will control 97,500 Ha (975 km2) of claims (EPM, EPMA, MDLA) surrounding the Mt Morgan mining

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