Laneway Resources : Presentation to Brisbane Mining Conference

only
"THE NEW LANEWAY:
use
REGIONAL, STRATEGIC
TRANSFORMATIONAL
ersonal	GROWTH"
Brisbane Mining Energy and Minerals Investor Conference
	24 March 2022
LANEWAY RESOURCES LTD (ASX:LNY)	1

THE NEW LANEWAY

Regional, Strategic, Transformational

only	• New Leadership - Brad Gordon joined as CEO and MD with decades
of development and production experience. Further operational
management team appointments recently made;
• New Strategy - Taken control of our own production, improving
economics & regional consolidation potential;
Laneway is	• New Geological Thinking - Our core Agate Creek asset could be
evolving into a	much larger than we thought with IRGS attributes identified from multi-
vastly different	element study;
investment	• New Assets - Georgetown Gold Project acquisition adds immediate
use
proposition

production capacity with processing plant and resource upside in a prolific historic goldfield;

• New proposed Name and Capital Structure - Laneway to be

renamed Savannah Goldfields Limited and issued capital to be consolidated on a 1:40 basis*

* Name change and share consolidation are subject to obtaining necessary shareholder approvals

LANEWAY RESOURCES LTD (ASX:LNY)	2	BRISBANE MINING CONFERENCE PRESENTATION
ersonal

COMPANY OVERVIEW

Projects

• Material Resource 471,000 oz1,2 Au

Agate Creek Gold		with significant exploration upside
•	Granted Mining Lease
	Mine (North
Queensland)	• Pathway to regional consolidation &
only			scale production at Agate Creek
	• Inferred JORC Resource of 951kt @
G orgetown Gold		3.9g/t Au for 119koz1,2
• Acquisition secures control of gold
Project (North
Queensland)		processing plant
use	• Additional 515km2 of EPM's & ML's
•	100% interest Epithermal Gold
NZ Gold Project	• Adjacent to Martha Gold Mine
(New Zealand)	• Circa $7m invested to date

• 20% shareholding in Aus Tin (ANW)

ersonal	Aus Tin	• World Class Tin asset Taronga
	• First Tin IPO
Taronga Tin &
Ashford Coking	• Coking Coal Resource 14.8Mt1,2
	Coal (NSW)	• Retained 60% Interest in Ashford
		Coking Coal, with Aus Tin moving
		Project to Mining Lease
LANEWAY RESOURCES LTD (ASX:LNY)	3

Laneway Project Locations

Agate Creek &

Georgetown Gold

Projects

Ashford Coking

Coal Project &

Taronga Tin

NZ Gold Project

1. Refer competent persons statement on slide 11
2. Full Resource Statement can be seen slides 12 , 13 & 14

BRISBANE MINING CONFERENCE PRESENTATION

Consolidating the Etheridge Gold Field

• Expanded gold sulphide ore processing centre at Georgetown

only		•	Exploit remnant ore from historically mined open pits
	•	Aggressively convert deeper remnant ore targets to JORC
	•	resources/reserves
	Upgrade mill processing rate from 100ktpa to over 300ktpa
	•	Add sulphide flotation circuit
use	Strategic	• Develop Agate Creek into a regional gold oxide ore processing centre
Regional Focus	•	New geological model can be applied throughout district for expanded
to Transform
the Georgetown		gold resources
	Area	•	Significant regional exploration program will be commenced
ersonal
	•	Recent drilling program has returned significant high grade results
		never mined, significant opportunities
		• Acquisition strategy of stranded 3rd party oxide and sulphide assets
		within Etheridge Goldfield
		•	Historical mining in the region only mined oxide ore, sulphide material

LANEWAY RESOURCES LTD (ASX:LNY)	4	BRISBANE MINING CONFERENCE PRESENTATION

GEORGETOWN TRANSACTION STRUCTURE & FUNDING

•

Transaction	•
onlyStructure
use		•
ersonal		•
	•
	Proposed	•
	•

Funding

•

LANEWAY RESOURCES LTD (ASX:LNY)

Acquisition Structure to Minimise Time to Production & Maximise Financing Flexibility

Pre-Completion		Completion		Deferred Payments
Agreement executed	•	Targeting April / May	•	6 months post
and deposit of A$500k		2022.		Completion
paid in February 2022	• Payment of $7.45m +	• Balance of $8.5m due,
Conditions Precedent		issue of 100m LNY		(max $2.5m payable in
for completion being		shares and 100m LNY		LNY shares at LNY
progressed		1.5c options for 100%	•	election)
Laneway is also	•	ownership	1% Net Smelter Royalty
currently progressing	Mill refurbishment and		(capped at $5m) payable
EA permitting & plant		EA permitting expected		on production from
refurbishment to		to complete by June		acquired tenements
accelerate Mill restart.		2022

Acquisition price of $16.45m + issue of 100m Laneway shares and 100m Laneway options (exerciseable at 1.5c, July 2023 expiry), 1% NSR Royalty Capped at $5mill

Combination of debt and equity funding to maximise equity returns Debt funding alternatives being progressed

Equity component of acquisition funding, plant refurbishment and working capital requirements to be funded from current fully underwritten pro-rata entitlement offer to existing shareholders

Deferred payments to be funded from operational cashflows from gold production

5	BRISBANE MINING CONFERENCE PRESENTATION