Wiluna Mining Corporation Ltd · ASX:WMC

Wiluna Mining — Blackham Resources — Conference Presentation (April 2016)

14 slides from Wiluna Mining's conference presentation, April 2016

  1. Slide 1: Exploration to drive growth

    Exploration to drive growth Apr 2016 ASX : BLK

  2. Slide 2: Blackham exploration has been a significant driver of shareholder value

    BLACKHAM EXPLORATION HAS BEEN A SIGNIFICANT DRIVER OF SHAREHOLDER VALUE  Blackham aims to unlock the potential of the Matilda & Wiluna Goldfields through committed exploration programs  Our mission is to build a long-life mine beyond 10 years and create a sustainable gold operation  Discovery of

  3. Slide 3: Matilda/Wiluna Gold Project: a premier exploration asset

    Matilda/ Wiluna Gold Project A premier exploration asset  Resource 45Mt @ 3.3 g/t for 4.7Moz Au – 50% indicated resource level  4.3Moz of past production  Regional endowment of 40Moz  478 km2 of consolidated tenure  Majority of the project area hasn’t seen exploration for >20 years  Major pros

  4. Slide 4: Growing the mine life

    Growing the mine life DFS Mineral Inventory 8.3Mt @ 2.9g/t Matilda for 767koz & growing Golden Age Galaxy, Williamson Bulletin, East & West Lodes Resource 45Mt @ 3.3g/t for 4.7Moz (50% Indicated) Matilda Extensions Bulletin OP, Happy Jack, Creek Shear, Golden Age Oxide, & Regent Brown fields Lake Wa

  5. Slide 5: Matilda regional stacking & repeating lodes

    Matilda regional stacking & repeating lodes Broad spaced historical Aircore Best result: 4m @ 13.9g/t from 64m Beneath alluvial cover  >10kms of prospective shear zone  Historical drilling identified mineralisation up to Scale: 2kms 3km from the mine area Matilda Mine Resource:  Alluvial cover to

  6. Slide 6: Lake Way – A large mineralised system

    Lake Way – A large mineralised system  19km south along strike from Wiluna  Large tonnage potential, structural setting similar to Wiluna with potential for a cluster of deposits  Targeting multi-million ounce potential  High-resolution gravity & seismic survey completed:  Highlights Williamson

  7. Slide 7: Carroll Prior Trend – Large tonnage potential

    Carroll Prior Trend – Large tonnage potential  2.5kms of strike with continuous mineralisation  Potential large tonnage, near surface, infill drilling required  Gravity survey highlights continuous structure  Very limited drilling into primary mineralisation Williamson Pit – mining 2006

  8. Slide 8: High grade quartz reefs

    High grade quariz reefs 15km > GOLDEN AGE REPUBLIC BROTHERS LAKE VIOLET (HISTORICAL MINES) GALAXY CALEDONIAN LAKE WAY Resource: (HISTORICAL MINE) O.6Mt @ 2.9q/t Au GOLDEN AGE (51,0002) OFFSET va yy YY Y Lp, GY Yy. [>] Mineral Resources V/s. Exploration Target - QUARTZ REEF GOLD DEPOSITS == Undergrou

  9. Slide 9: Quartz Reef Targets

    Quartz Reef Targets 9m @ 6.18g/t fr 29m 4m @ 38.3g/t fr 25m 18m @ 11.3g/t fr 33m 6m @ 12.5g/t fr 22m 20m @ 14.7g/t fr 26m 19m @ 7.62g/t fr 51m 8m @ 5.08g/t fr 20m 6m @ 8.12g/t fr 52m 6m @ 8.901g/t fr 16m 6m @ 12.0g/t fr 38m 6m @ 6.15g/t fr 27m Scale: 2km Quartz Reefs: High grade & free-milling:  Ta

  10. Slide 10: Under the Head Frame

    Under the Head Frame  Targeting new lodes, <600m below surface  >8km strike extent in multiple prospective faults  Reserve conversion of 2.3Moz Inferred base  Recent success with Bulletin drilling  Under-explored Adelaide-Moonlight fault Under explored fault 10

  11. Slide 11: Greenfields Exploration

    Greenfields Exploration  Exploring for the next generation of mines  Potential for new styles of Au mineralisation, and new search spaces – e.g. under cover  Collaboration with the Centre for Exploration Targeting- priority targets defined  Massive drilling and geochemical database provides a he

  12. Slide 12: Exploration Summary

    Exploration Summary  Recent capital raising to kick-start new exploration effort  Aiming to grow Wiluna beyond current 7 year mine life  Majority of the project area hasn’t seen exploration for >20 years – opportunity!  Multiple targets in multiple mineralised systems  Look at both mine extensi

  13. Slide 13: Contact Details

    Contact Details BRYAN DIXON MANAGING DIRECTOR Office Level 2, 38 Richardson Street West Perth WA 6005 Post PO Box 1412, West Perth WA 6872 Email [email protected] Tel (+61 8) 9322 6418 | Fax (+61 8) 9322 6398 Website www.blackhamresources.com.au ASX Code: BLK 13

  14. Slide 14: Disclaimers & Important Information

    Disclaimers & Important Information This presentation includes certain statements that may be deemed ‘forward-looking statements’. All statements that refer to any future production, resources or reserves, exploration results and events or production that Blackham Resources Ltd (‘Blackham’ or ‘the C

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