NEWGEN21-Proceedings-Full

Tchaga Model Cross Section - Bedding Interpretation








Deeper synclinal axis and


western limb present new

exploration targets

Tchaga - Veining and Alteration in Mineralised Zones





Typical “Napie Pink” alteration – beige to pink















3.3m at 6.98g/t Au

























NADD006- 3.3m at 6.98g/t Au

Tchaga - Veining and Alteration in Mineralised Zones





Albite-sericite-carbonate alteration















3.3m at 6.98g/t Au









Sample from 65-65.6m ran 26.2g/t Au (NADD006)

Tchaga - Veining and Alteration in Mineralised Zones




Quartz+albite+carbonate+sulphide veins
Quartz +/-carbonate + pyrite veins
Cross-cuts foliation = late












3.3m at 6.98g/t Au









Sample from 65-65.6m ran 26.2g/t Au (NADD006)

Tchaga – Veining and Alteration in Mineralised Zones






Higher-grade zones have higher density of veins





Quartz stringer with altered selvages










Quartz vein























NARC307DD- 5m at 12.32g/t Au from 120-125m within interval 13.8m at 4.91g/t Au

Tchaga – Veining and Alteration in Mineralised Zones






Quartz-tourmaline veins









Quartz-tourmaline vein = black slivers





NARC058DD- 1m at 3.9g/t Au within interval 8.1m at 2.02g/t Au from 199.9-208m



Brecciation of pre-existing quartz vein






Brecciation













NARC058DD- 7.7m at 11.65g/t Au from 169-176.7m

Tchaga Structures – Veining and Alteration in Mineralised Zones






Stockwork of quartz and quartz-carbonate +/-tourmaline veining




Veining in various different orientations




































NARC502DD- 162.15 -168.50m 6.35m at 0.61g/t Au

Tchaga – Positive Preliminary Metallurgy




Recovery in oxide and fresh rock averaged over 94% 1



❖ Interval which returned 7.7m at 11.65g/t Au in NARC058DD 2


❖ Gold is associated with pyrite but not locked within pyrite (explains good recovery)









































1. Bottle roll tests - Refer to ASX announcement dated 25 September 2019
2. Refer to ASX announcements dated 5 March 2020

Tchaga Structures – Vein Orientations






NNE trending, moderate to steep WNW dipping veins



Earlier deformational event = D1 – but gold


mineralization exploits these older structures





For example: the brecciation of the pre-existing quartz

vein















Sample ran 47.3g/t over 1m in interval of 7.7m at 11.65g/t Au

Tchaga Structures – Vein Orientations








D1 NE trending, moderate to steep NW dipping veins




Second deformational event = D2







For example: the similarly oriented veins

Tchaga Structures – Vein Orientations






Unclassified veins in field logging











NE trending, moderate to steep NW dipping veins.

























Also second deformational event = D2

Tchaga Structures – Vein Orientations






Unclassified veins in field logging
























N-S trending veins with steep W dip
















E-W trending veins with steep N to subvertical dip

Tchaga Structures – Vein Orientations






Stockwork system of veins (second deformational event)




As evidenced by the stockwork of veins in various orientations


Veining in various different

orientations

Tchaga Structures – Vein Orientations






Late 2020 - Drill direction changed to drill towards SE to intersect D2 veins




As evidenced by the stockwork of veins in various orientations


Veining in various different

orientations

Tchaga – Updated Interpretation of Gold Mineralisation






Shallow mineralisation in drilling

over 2km strike-length

Stacked high-grade lodes

associated with D2 cross-faults



❖ 41m at 4.51g/t Au from 17m


❖ 13m at 20.82g/t Au from 32m
NE-SW oriented ❖ 9m at 22.73g/t Au from 36m

mineralized zones ❖ 32m at 7.10g/t Au from 13m



❖ 10m at 18.98g/t Au from 7m

❖ 26m at 4.34g/t Au from surface

❖ 36m at 3.09g/t Au from 43m

❖ 28m at 4.86g/t Au from 83m


❖ 25m at 3.43g/t Au from 53m

❖ 14m at 5.46g/t Au from surface




1 Refer to ASX announcements dated 22 June 2018, 13 March 2019, 3 December 2019, 5 March 2020, 15 July 2020, 11
August 2020, 17 November 2020, 14 December 2020, 13 January 2021, and 17 August 2021

Tchaga Model Cross Section – Gold Mineralisation





Napie Fault Interpretation


















A








B

Tchaga Model Cross Section - Gold Mineralisation

Tchaga Model Cross Section - Gold Mineralisation

Tchaga Model Cross Section - Gold Mineralisation







Mineralised zones dip moderately to steeply to NW















En-echelon

stacked lodes

Tchaga Model Cross Section - Gold Mineralisation






Mineralisation is hosted in all lithologies

Tchaga Model Cross Section - Gold Mineralisation




Napie Fault Interpretation











Eastern sediments

don’t appear to be


a good host for


mineralization but

minimal drilling

Tchaga Model Cross Section - Gold Mineralisation






High-grade where


mineralized zones

and volcaniclastic


bedding are steepest












Limited drilling


below 150m, but


some high-grade

continuations seen at


depth

Tchaga Interpretation – Controls on Mineralisation




















Dots show all drill holes


Most are RC holes

Tchaga Interpretation – Controls on Mineralisation























Oriented core provides


valuable structural

measurements on bedding

Tchaga Interpretation – Controls on Mineralisation









SSW dip











Volcaniclastics show

moderate SSW dipping


beds in the north;

Tchaga Interpretation – Controls on Mineralisation









SSW dip



















Steep NW dipping beds

against the Napie Fault


(east)





NW dip

Tchaga Interpretation – Controls on Mineralisation









SSW dip

































NW dip

Steep NNW dipping


beds in the south

NNW dip

Tchaga Interpretation – Controls on Mineralisation






IP chargeability map



Eastern limb

bedding structures


evident in IP









Correlation between

IP (Red) and bedding


from core (Black)

Tchaga Interpretation – Controls on Mineralisation













Change in bedding

suggests southern


closing of interpreted


syncline

Tchaga Interpretation – Controls on Mineralisation








Similar orientations

observed in airborne


magnetics

Tchaga Interpretation – Controls on Mineralisation













High-grade zones are

concentrated near the


nose of the syncline


closure





Also proximal to

Napie Fault

Tchaga Interpretation – Controls on Mineralisation












Low-grade zones


(black) similarly


focused in nose of

interpreted fold and


also associated with

intermediate-mafic


volcanic contact

Tchaga Interpretation – Controls on Mineralisation









IP Chargeability Image



Breaks in IP

chargeability

Tchaga Interpretation – Controls on Mineralisation














IP breaks match with

orientation of


mineralized zones





= D2 structures

Tchaga Interpretation – Controls on Mineralisation









Controls on Mineralisation



❖ NE-SW (D2) structures



❖ Andesitic Tuff preferential lithology



❖ Andesitic/Mafic contact



❖ Nose of fold



❖ Intersection of two or more


structures

Tchaga – upcoming Maiden Mineral Resource Estimate





Expanding mineralised

footprint with further drilling




Large portion of soil anomaly

remains to be drilled



3m @ 4.54g/t Au
23m @ 2.46g/t Au

Drilling along the NE-SW 32m @ 7.1g/t Au

oriented D2 structures
10m @ 18.98g/t Au

28m @ 4.86g/t Au 2km


Drilling along the fold axis and 41m @ 4.51g/t Au; and
preferential beds/contacts 15m @ 1.32g/t Au

9m @ 6.26g/t Au; and
4m @ 1.48g/t Au
Drilling potential western limb of fold Averages 36m @ 2.03g/t Au

(alluvial cover = poor soil response 2m @ 24.06g/t Au



Tchaga
Watercourse
South

Gogbala Interpretation – Similarity to Tchaga











Mostly RC holes

drilled to date

Gogbala Interpretation – Controls on Mineralisation














Geology and


geophysical

interpretation suggest


similar setting to


Tchaga

Gogbala Interpretation – Controls on Mineralisation










Geology and

geophysical


interpretation suggest


doubly plunging folds

Gogbala – upcoming Maiden Mineral Resource Estimate







High-priority drill target area

23m @ 1.81g/t Au 4m @ 2.72g/t Au


6m @ 4.97g/t Au
11m @ 1.67g/t Au

8m @ 4.29g/t Au
20m @ 3.41g/t Au

3m @ 6.40g/t Au
2m @ 16.81g/t Au
and 5m @ 2.12g/t Au

3m @ 9.41g/t Au 8m @ 2.87g/t Au


1m @ 17.93g/t Au
7m @ 6.70g/t Au


12m @ 5.39g/t Au
35m @ 1.72g/t Au
20m @ 1.92g/t Au


High-priority drill target to
extend wide high-grade
High-priority drill target area
mineralised zone along
Napié Fault

Napie Project - So much potential…

Napie Spectral Interpretation




Spectral Endmember Spectral Total Spectal Weighted Target Map – Follow up spectral based

Anomalies Mapped Endmember Anomalies minus known mineralisation areas targets for further exploration
Weighted to
known mineralisation


Endmember Mineral Total Weight Count
Endmember 15 mineral
match Sphalerite correlation 4
0.88
Endmember 11 mineral
match Bronzite correlation 6
0.80
Endmember 8 mineral match 4
Enargite correlation 0.94
Endmember 10 mineral
match Dolomite correlation 5
0.89
Endmember 6 mineral match 6
Pyroxene correlation 1.00
Endmember 11 mineral
match Phlogopite correlation 6
0.97
Endmember 2 mineral match
Dolomite correlation 0.87 5
Endmember 3 mineral match
5
Galena correlation 0.91
Endmember 4 mineral match
5
Clinochlore correlation 0.87
Endmember 6 mineral match
6
Hypersthene correlation 0.94

Napie Project – Exploration Program






Aggressive Drill Program – 35,000m KOMBORO PROSPECT
Multiple targets and no
previous drilling by Mako
5,000m AC drilling planned

TCHAGA NORTH PROSPECT
Large target area identified
10,000m RC drilling planned
EXPLORATION TARGETS
Multiple targets based on
spectral, structural and
geochemical signatures
TCHAGA PROSPECT
Upcoming maiden resource Prospecting and scout

10,000m RC/DD ongoing drilling drilling planned







GOGBALA PROSPECT

Upcoming maiden resource
10,000m RC/DD ongoing drilling

Conclusion










2 deposits already identified






Working towards a maiden Mineral Resource Estimate





Potential exists to grow the deposits further





We can apply new knowledge elsewhere on Napie





Enormous exploration potential along 30km long permit












Thanks to the team at Measured Group for help with modelling, as well as our awesome Mako team for all their hard work



Perth, Western Australia 21
November 9 - 10

















































































www.newgengold.com

Perth, Western Australia 21
November 9 - 10

















































































www.newgengold.com

Perth, Western Australia 21
November 9 - 10

















































































www.newgengold.com

Perth, Western Australia 21
November 9 - 10

















































































www.newgengold.com

Perth, Western Australia 21
November 9 - 10

















































































www.newgengold.com