New IPO Opportunity
Golden Mile (G88)

 
Offer Amount $4,500,000
Market Cap (Max) $10,600,000
EV on Listing (Max)  $6,100,000
Issue Price $0.20
Open Date 8/5/2017
Closing Date 11/5/2017*
Listing Date 5/6/2017*

*Estimated date

INVESTMENT OPPORTUNITY
A timely IPO of world-class Nickel-Cobalt and Gold assets in Western Australia.
Golden Mile Resources is a Cobalt and Gold focused exploration & development company

Golden Mile owns 100% of its projects. The Company has 35 granted prospecting licences, 4 granted exploration licences and 2 exploration licence applications

Importantly, all projects are based in Western Australia, with a established project pipeline and a tight capital structure

 
Potential to unlock shareholder value through
well-planned drilling programs and near-term
newsflow post-listing


Experienced Board and Management Team:

Tim Putt (Executive Director) has a track record of discoveries and was CEO of ASX listed explorer Sabre Resources

Rhod Grivas (Non-Executive Chairman) has 16 years of Board and Management experience, including Managing Director of ASX/TSX listed gold miner Dioro Exploration, where he oversaw the development from discovery through to production

The ‘Right Metals’ for the Future: 


Cobalt is an emerging 'tech metal', used in batteries, phones and computers. Potential supply issues given >60% is sourced from the Democratic Republic of the Congo (DRC)

The price of Gold has declined from record highs but has remained consistently above US$1,000/oz since 2009. Declining  production from ageing operations resulting in higher costs
 
PRIORITY PROJECTS
Cobalt

Priority 1 - Quicksilver Ni-Co Project


• Located in the SW Mineral Field, host to several ‘world-class’ mineral deposits

• Yielded highly anomalous results of nickel and cobalt

• More than 15 km of untested stratigraphy, Cobalt >0.5% in drill holes

Priority 2 - Kaikoura Ni-Co Project

• An extensive nickel-cobalt trend, with thick intercepts of mineralisation
 
• Cobalt potential yet to be fully assessed

Cobalt Price (AUD/t)
 
Gold

Golden Mile holds a number of high-quality projects in the NE Goldfields in WA, proximal to Leonora and KIN Mining (ASX:KIN)

Priority 1 - Braemore Gold Project

• Located 7 km of NNE of Leonora, a number of quality target prospects

• Historical drilling at ‘Natasha’ and ‘Sophie’ has yielded high grade intercepts

Priority 2 - Leonora East Gold Project

• Significant tenement holding covering over 40 km of strike
 
• A number of prospects require testing, including potential deposits at Cow Bell Dig and Giants Well
QUICKSILVER (NI-CO) PROJECT
• Target with over 15 km of strike, however initial drilling will target the Garard Farm nickel-cobalt anomaly

• Coincident Nickel-Cobalt anomaly over 2,000+ metres of strike, with Cobalt values of over 250 ppm at surface

• Highest grade sections of the surface anomaly remain UNTESTED by drilling

• Previous drilling shows significant grades of nickel and cobalt in the near surface environment, including: 

 
VH013 4 metres @ 0.68% Cobalt from 2 metres

• Deeper RC drilling undertaken in 2013 also indicates the potential for nickel mineralisation (sulphides?) to extend to depth, including: 

QRC012 19 metres @ 1.08% Nickel from 71 metres

• Priority target for systematic drill testing

• Close to infrastructure, including rail to port
BRAEMORE (AU) PROJECT

​​​​​
• Braemore is located 70 km NNE of Leonora and hosts several prospect areas – little meaningful exploration in the last 20 years

• Braemore is a priority target for Gold mineralisation

• Key targets at Natasha, Sophie & Pig Well

• Cambrian Resources exploration in the 1990s indicates significant exploration targets at both Natasha & Sophie

• Drilling at ‘Natasha’ produces high-grade Gold intercepts, including:

12 metres @ 7.13 gpt Au
3 metre @ 6.70 gpt Au

 
• Analysis indicates that Natasha & Sophie may be rapidly advanced towards resource status & potential development
 
COMPANY FINANCIALS
Use of Funds
 
Comparables
 
Capital Structure
 
LEADERSHIP
Tim Putt
Executive Director
Geologist with more than 20 years experience in the resources sector.

Experience includes board, technical & management positions, including CEO of ASX listed explorer Sabre
Resources, with a track record of discoveries in Australia, Africa and the Pacific Basin.
Rhod Grivas
Non-Executive Chairman
Geologist with more than 25 years experience in the resources sector.

​​​​​​​16 years of Board and Management experience including Managing Director of ASX/TSX listed gold miner Dioro
Exploration, where he oversaw the development of a gold resource from discovery through to production
Phillip Grundy
Non-Executive Director
Partner at Moray & Agnew lawyers and an expert in Corporate Law, Mergers & Acquisitions.

Acts as a legal advisor to many ASX-listed public companies across a broad range of industry sectors, also advises
Australian and international companies in relation to Corporations Act and the Listings Rules compliance.
DOCUMENTS
Presentation
Register Interest in this Deal

The offer described in this notice relates to the issue of new securities by the Issuer. A Prospectus for the offer is available and can be obtained from the Issuer’s website or by way of download from this website. The offer of securities will be made in, or accompanied by, a copy of the Prospectus. Nothing contained in this message and/or any attachment(s) constitutes a personal advice recommendation, solicitation or an offer to buy or sell any securities. Any recommendation or endorsement of this offer is general advice in nature and has not taken into account your personal circumstances or objectives. A person should consider the Prospectus in deciding whether to acquire the securities.

This notice does not constitute an offer or invitation in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation. The Prospectus does not constitute an offer to sell, or a solicitation of any offer to buy, securities in the United States. The Prospectus has been prepared for publication in Australia and New Zealand.

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