Gbm Resources Limited · ASX:GBM

Gbm Resources — Shareholder Meeting (November 2021)

36 slides from Gbm Resources's shareholder meeting presentation, Nov 30, 2021

  1. Slide 1: AGM Update

    AGM Update ASX:GBZ GBM: delivering world class gold resources Presentation – 30 November 2021

  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 4,440 km2 Claims Package 1.5 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 In 2020 and 2021 progress:  400% increase in gold resources, Yandan and Twin Hills resource upgrades planned  High grade Twin Hills resources added to prospective Drummond Basin portfolio  Joint ventured “Fosterville style gold” Malmsbury project in Victoria with Novo Resources

  5. Slide 5: 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 ~1.5 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

  6. Slide 6: 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 Brent Cook, Non-Executive Director – respected economic geologist Stephen Nano

  7. Slide 7: 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

  8. Slide 8: 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 DRUMMOND CLONCURRY JV BASIN and 783 km2 under application) in prospective region Mine MT MORGAN Priority Project with Initial Resource Drum

  9. Slide 9: Drummond Basin – Flagship Gold Province

    Drummond Basin – Flagship Gold Province  High potential for new discoveries and to increase and upgrade resources at each site  13 epithermal gold systems in portfolio  Initial drill program completed at Yandan (5,676 m)  Drilling now at Mt Coolon – Glen Eva Trend (initial ~2,500 m program, expa

  10. Slide 10: Twin Hills Resource Expansion and Regional Exploration Opportunities

    Twin Hills Resource Expansion and Regional Exploration Opportunities  Twin Hills Project  Higher grades over extended intervals  Upside to resources at both projects and nearby targets  Historical drill results 1 309 Deposit - THRCD875: 140.6 m @ 5.2 g/t Au from 154 m  731 g/m incl. 8 m @ 81.8

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

    Twin Hills Resource Expansion and Regional Exploration Opportunities Entrance Portal to 309 Underground Mine, September 2020 QXR EPM Big Red Veining 2  The Twin Hills area is very flat with limited outcrop. It remains poorly explored due to thickness of cover and lack of resources of previous owner

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

    Twin Hills Expansion and Regional Exploration Opportunities  Twin Hills Project  309 Deposit  Resource upside at depth and down plunge  Poorly drilled below 250 m from surface  Development optionality with existing decline 1 GBM ASX Announcement, 20 July 2021, Twin Hills Gold Project – Technica

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

    Twin Hills Expansion and Regional Exploration Opportunities  Twin Hills Project  Lone Sister Deposit  Resource upside near surface and at depth and down plunge  Poorly drilled below 250 m from surface  Open pit resource potential  Current JORC resources only UG component 1 GBM ASX Announcement

  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 Sinter Hill • Resource extension and category upgrades likely Golden Eye • 21YEDD006A – 214 m @ 1.6 g/t Au  342 g/m East Hill and Sou

  15. Slide 15: Yandan Resource Expansion and Regional Exploration Opportunities

    Yandan Resource Expansion and Regional Exploration Opportunities  Initial drill program completed at Yandan 1  Resource extension and category upgrades likely  21YEDD006A – 214 m @ 1.6 g/t Au  21YEDD007 – 189 m @ 2.0 g/t Au Photographs of veins from 21YEDD006A. Photos (A) and (B) are from 321 –

  16. Slide 16: Mt Coolon Resource Expansion and Regional Exploration Opportunities

    Mt Coolon Resource Expansion and Regional Exploration Opportunities  JORC resources 330 koz Au at Koala and Eugenia  Targeting Glen Eva – Eastern Siliceous Trend with strong IP anomalies Historic Gold Mine  Drilling in progress approx. 6,000 m program Resource Exploration Prospect - Significant v

  17. Slide 17: 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

  18. Slide 18: Mt Coolon Glen Eva – Current Drilling

    Mt Coolon Glen Eva – Current Drilling (Most Assays Pending – 11 holes remaining)  Gold assays have been received for the first 5 holes and include Photos of drill core from 21GEDD017. (A) Part of the 57 m wide vein zone from 185.5 m to 21GEDD017 returning 14.6 m @ 1.15 g/t Au within a 57 m wide zon

  19. Slide 19: Glen Eva Eastern Siliceous (GEES) Trend – Current Drilling

    Glen Eva Eastern Siliceous (GEES) Trend – Current Drilling (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 a

  20. Slide 20: 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

  21. Slide 21: 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

  22. Slide 22: Malmsbury Gold Project

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

  23. Slide 23: Our Business – Malmsbury JV

    Our Business – Malmsbury JV  Prospective “Fosterville style” gold target Victorian goldfield CLONCURRY JV DRUMMOND BASIN  Novo Res. partner funded exploration $1.6 M in 2021 Mine MT MORGAN Malmsbury JV (50%, with Novo Resources Corp. 50%) Priority Project with Initial Resource  104 koz Au (820,00

  24. Slide 24: Malmsbury: Fosterville style Gold Project Joint Venture with Novo Resources Corp.

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

  25. Slide 25: White Dam Gold-Copper Heap Leach Operation

    White Dam Gold-Copper Heap Leach Operation

  26. Slide 26: Our Business – White Dam

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

  27. Slide 27: White Dam Gold Copper Heap Leach Operation Cash flow from gold-copper production

    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

  28. Slide 28: 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$9.0 million (excluding Milo sale shares ~$2 million) 3 ~1.5 Moz resource base at Flagship Drummond Basin Gold-Silver Project - Great Star

  29. Slide 29: 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

  30. Slide 30: Appendix

    Appendix

  31. Slide 31: A team with a proven track record

    A team with a proven track record Peter Mullens, Executive Chairman  Geologist (BSc, FAusIMM) with 35 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

  32. Slide 32: Mineral Resource Estimates

    Mineral Resource Estimates Resource Category Total Cut-off Deposit Measured Indicated Inferred 000' t Au g/t Au oz 000' t Au g/t Au oz 000' t 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

  33. Slide 33: Other Assets – Cloncurry JV

    Other Assets – Cloncurry JV  High potential copper-gold ground in NW Qld mineral province CLONCURRY  JV partner Nippon Mining funding exploration JV – $0.75 M in 2021/22. DRUMMOND BASIN Mine MT MORGAN Priority Project with Initial Resource Key Exploration Cloncurry JV (46%, with Nippon Mining 54%)

  34. Slide 34: Cloncurry Copper-Gold JV

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

  35. Slide 35: 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) DRUMMOND BASIN  LOI to vend project out to TSXV listed Mine company – Smartset 1, subject to shareholder MT Priority Project

  36. Slide 36: 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 sq kms) of claims (EPM, EPMA, MDLA) surrounding the Mt Morgan mini

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