NOT FOR RELEASE TO US WIRE SERVICES
OR DISTRIBUTION IN THE UNITED STATES
only | ||
Wiluna Mining Corporation | ||
FUNDRAISING PRESENTATION | www.wilunamining.com.au | |
May 2022 | ||
ersonaluse |
LOCATED IN THE MIDDLE OF
THE PROLIFIC WESTERN
AUSTRALIAN GOLD DISTRICT
TIER 1 INVESTMENT LOCATION
» Wiluna is located right in the middle of WA | ||||||||||||
only | WA is among the most attractive mining | |||||||||||
» | ||||||||||||
investment jurisdictions in the world¹ | ||||||||||||
» With the most richly gold-prolific land globally² | ||||||||||||
» Wiluna owns a vast 1600 km² (618 mi²) of this | ||||||||||||
use | blue-chip real estate | |||||||||||
» Surrounded by multiple million-ounce mines | ||||||||||||
and excellent infrastructure | ||||||||||||
1. Source: Ranked #1 in 2019 Fraser Institute Annual Mining Survey. | ||||||||||||
2. US Geological Survey. | ||||||||||||
Company Presentation | May 2022 | www.wilunamining.com.au | Slide 2 | ||||||||||
ersonal | ||||||||||||
OPERATIONS UPDATE
MAY 2022
Optimising operational profile
only | The Company has now developed into three mining areas in which it can concentrate its underground operations, being |
» | |
Bulletin, Happy Jack North and Happy Jack South. An adjacent fourth mining area at Bulletin North is also being drilled | |
to produce a detailed mine plan that will further supplement the forward production profile |
» These three areas are readily accessible with significant primary development access established over the last six months and have a grade profile supported by completed and ongoing drilling
» These areas are currently being integrated into an updated near term plan, with the expectation of optimising the mine | |||||||
use | plan economics. Ongoing drilling anticipated to translate into inventory growth and increase confidence in production | ||||||
forecasts for both volume and grade throughout the remainder of 2022 and 2023 | |||||||
» Concentration in 3 mining areas will allow the company to potentially reduce development costs, and initiatives are | |||||||
ersonal | underway to achieve material mining cost reductions from July 2022 | ||||||
Nov-21 | May-22 | Jul-22 | Thereafter | ||||
Initial development of | Integration of new High-Grade | Material mining cost reductions | Optimisation of operational | ||||
the 3 mining areas | areas into mine-plan | profile |
Slide 3 | ||||
Company Presentation | May 2022 | www.wilunamining.com.au | |||
WILUNA MINING NOW
only | |||
What we've | |||
delivered: | |||
use | » Building a new underground | ||
mine | |||
» A commissioned multi-circuit | |||
processing plant | |||
» New and existing infrastructure | |||
» Substantial ongoing drilling |
ersonal | success |
Supported by capital raising | |
Delivering a profitable
mine:
- Working to delivering a profitable high grade mine
- Clearly defined objectives for the Company
- Initiatives commenced for further improvements
- Support for approach confirmed by recent mine development and grade control
Upside potential:
- Substantial gold exploration upside
- Large-scalegold system with high grade zones
- Standalone potential in Wiluna greenfields deposits
- Nickel and lithium potential
Company Presentation | May 2022
www.wilunamining.com.au | Slide 4 |
onlyuseCAPITAL
RAISING
ersonalCompany Presentation | May 2022
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Wiluna Mining Corporation Ltd. published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2022 02:37:02 UTC.