Gold Production
only& Growth.
useNoosa Mining Conference20 July 2022
ersonal
Currently:
Laneway Resources Limited (ASX:LNY)
ASX: LNY | July 2022 |
Resources | Agate Creek Gold Mine | ||
Queensland | |||
Laneway | • Existing JORC 471,000oz* Resource | ||
• 60km west of Kidston in North | |||
becomes | recommenced June 2022 | ||
only | • High grade ore mining | ||
Savannah | • Significant portfolio of 1034km2 | ||
• Drill program recently completed, | |||
Goldfields. | Georgetown Gold Project | returning high-grade gold results | |
1 | |||
Transformational acquisition of the | |||
• Acquisition Announced in Feb 2022 | |||
Georgetown Gold Project expedites the | • Fully operational Carbon in Pulp | ||
usetransition from gold explorer to gold producer, | (CIP) plant, 250,000tpa | ||
• Refurbishment underway | |||
establishing the company's regional | • Includes portfolio of proximal | ||
expansion strategy | exploration and mining leases 515km2 | ||
• Initial JORC Inferred Resource of 951kt | |||
ersonal | @ 3.9g/t for 119koz** | ||
• Significant oxide ore and sulphide ore | |||
exploration potential | |||
1. Proposed name change subject to receipt of shareholder approval (refer ASX Announcement 24 March 2022). | |||
Noosa Mining Conference | *Refer competent persons statement on slide 14 and Agate Creek Mineral Resource table on slide 15 | Page 2 | |
** Refer competent persons statement on slide 14 and Georgetown Mineral Resource table on slide 16 | |||
ASX: LNY
Corporate overview.
only | Projects |
use | |
Agate Creek Gold Mine | |
ersonal | and |
Georgetown Gold Project | |
NoosaMiningConference
Capital Structure | ||
$0.005 | 6,302m | |
Share price | Shares on issue | |
(as at 19 July 2022) | 1 for 40 share | |
consolidation pending | ||
shareholder approval |
$0.3m | $31.5m |
Cash | Market cap |
(as at 31 March 2022) | (fully diluted) |
Ashford Coking Coal Project
NZ Gold Project
July 2022
Directors & Management
Stephen Bizzell | Chairman |
Brad Gordon | Managing Director and CEO |
Rick Anthon | Non-Executive Director |
Mark Baker | Non-Executive Director |
Peter Wright | Non-Executive Director |
Scott Hall | COO & Exploration Manager |
Paul Marshall | Company Secretary |
Page 3
ASX: LNY
Regional, strategic & transformational growth.
only | |||
use | Phase 1 | ||
Establishment | |||
ersonal | • | Acquisition and | |
mining and processing | |||
refurbishment of | |||
processing plant | |||
• | Environment approvals | ||
• | Commencement of |
Noosa Mining Conference
Phase 2
Optimisation
Target 150ktpa
- Further exploration near existing operations
- Optimise mine and mill operations
Phase 3
Expansion
Target >250ktpa
- Resource expansion at Agate Creek and Georgetown
- Install larger mill at Georgetown
- Environmental Approvals
Phase 4
Scale
Target >1mtpa
2 Processing Centers Agate Oxides
- Georgetown Sulphides
- Evaluate and Acquire further Resources in the prolific mining district surrounding existing operations
- Scale operations to optimise profitability
- Establish company as mid tier gold producer
Page 4
ASX: LNY
Agate Creek Gold Project.
only100% owned large highly prospective IRGS / epithermal system located approximately 70km south of Georgetown and 60km west of the Kidston deposit in North Queensland.
July 2022
Fully permitted- Approvals received for Environmental Authority Amendment2; Agate Creek ore is now permitted to be treated through Georgetown mill
High-gradeore mining underway- First ore being transported to Georgetown
Potential for further high-grade mining-updated optimisation and design encompassing 6 separate open pits 200 - 250ktpa
Resource expansion- Current Resource of 471 koz* with plans for an ongoing drill campaign targeting high-grade gold
useersonalNoosa Mining Conference
Modern exploration opportunity- Recent and comprehensive expert multi-element study of the Project defined significant potential upside within the current mining area at depth and along strike with additional targets identified regionally
Onsite processing plant- Permitting and approvals underway for development of 750ktpa CIL plant
Recent drill intercepts from the Sherwood deposit3: | *Refer competent persons statement on slide 14 and Agate |
Creek Mineral Resource table on slide 15 |
Sherwood Deposit: | Sherwood West Deposit: |
CCGC315: 3m @ 7.95 g/t Au from 25m | |
CCGC339: 7.2m @ 5.97 g/t Au from 14.4m | |
CCGC311: 6m @ 8.43 g/t Au from 64m | |
(including 2.4m @ 10.55 g/t Au from 18m) | |
(including 1m @ 32.8 g/t Au) | |
CCGC340: 8.4m @ 4.46 g/t Au from 12m | |
CCGC356: 1m @ 6.37 g/t Au from 64m | |
(including 1.2m @ 12.2 g/t Au from 13.2m). Page 5 | |
1m @ 34.40 g/t Au from 116m | |
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Laneway Resources Limited published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 02:53:02 UTC.