Austral Resources Australia Limited · ASX:AR1
Austral Resources Australia — Shareholder Meeting (May 2023)
16 slides from Austral Resources Australia's shareholder meeting presentation, May 23, 2023
Slide 1: 2023 AGM Presentation
For personal use only 23 May 2023 1
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS STATEMENT Important Notice and Disclaimer You must read this notice before reading or making any use of this Presentation (defined below) or any information contained in this Presentation. By continuing to read, use or otherwise act on this Presentation, you agree to b
Slide 3: Corporate Overview
CORPORATE OVERVIEW SHARE PRICE (ASX: AR1) CAPITAL STRUCTURE 0.7 Share Price A$0.275 Shares on Issue 527.2M For personal use only 0.6 Market Cap A$144.9M Production started Achieved positive Cash A$6.16M at Anthill operating cashflows 0.5 Mining Commencement Reached Steady State TOP 5 SHAREHOLDERS at
Slide 4: Business Overview
BUSINESS OVERVIEW • Outstanding Sales Revenue of A$35.5m in Q1-2023 • All-in-Costs for Q1-23 were ~US$2.79 per lb. For personal use only • Combined EBITDA for Q1-2023 was A$8.7m. • Average production rate of 30.7 tonnes per day for Q1-23. • Consistent positive operating cashflows achieved every mont
Slide 5: Anthill Mine - Steady State Production
ANTHILL MINE - STEADY STATE PRODUCTION ANTHILL IS AN OPERATING OPEN-PIT COPPER MINE WHICH HAS SIGNIFICANT INVENTORY AND INFRASTRUCTURE IN PLACE. For personal use only • Currently producing +10Kt p.a. of LME Grade-A Copper Cathode. • Anthill Resources(1) of 12.5MT grading 0.66% Cu (Contained Copper:
Slide 6: Mine Expansion and Growth Timeline
MINE EXPANSION AND GROWTH TIMELINE LADY ANNIE MINE COMPRISES A MULTITUDE OF COPPER DEPOSITS WITH ALREADY GRANTED MINING & ENVIRONMENTAL PERMITS. AUSTRAL AIMS TO ACHIEVE PRODUCTION GROWTH AND EXTENSION OF MINE LIFE BEYOND +10 YEARS ORGANICALLY(1). For personal use only CY23 CY24 CY25 CY26 - CY28 CY29
Slide 7: Growth and Development Strategy
GROWTH AND DEVELOPMENT STRATEGY AUSTRAL’S TENURE LOCATION IN QLD PHASE 1 For personal use only • Further Drilling to extend mine life at Anthill. • Lady Colleen - Progress recent positive scoping study on large, sulphide open-pit operation. PHASE 2 • Exploration to expand existing Oxide Resources(~8
Slide 8: Phase – Exploration Drilling at Anthill
PHASE 1 – EXPLORATION DRILLING AT ANTHILL CONSISTENT RESOURCE DEFINITION DRILLING WORK HAS BEEN CONDUCTED TO REPLACE DEPLETED RESERVES, UNDERPINNED BY A SUBSTANTIAL AMOUNT OF HISTORICAL EXPLORATION WORK. For personal use only OBLIQUE PLAN VIEW OF GEOLOGY AND 2023 DRILLING ACROSS THE ANTHILL ML • Aus
Slide 9: Phase – Lady Colleen Development
PHASE 1 – LADY COLLEEN DEVELOPMENT THE SCOPING STUDY PREPARED BY CSA GLOBAL ESTIMATES A SUBSTANTIAL NPV7.5% OF ~A$60.5M (PRE-TAX) OVER THE LIFE OF MINE – WITH MATERIAL UPSIDE BASED ON CURRENT COPPER PRICE. For personal use only LADY COLLEEN DRILLHOLE MTKD011 @ APPROX. 259M(2) • The scoping study del
Slide 10: Phase – Exploration
PHASE 2 – EXPLORATION AUSTRAL AIMS TO CONVERT ~84KT OF OXIDE AND ~222.0KT OF SULPHIDE JORC-COMPLIANT MINERAL RESOURCES INTO RESERVES AS WELL AS TO EXPAND EXISTING RESOURCES TO LEVERAGE EXISTING INFRASTRUCTURE. For personal use only REGIONAL INTERPRETATION OF STRUCTURAL LINKAGE BETWEEN MT ISA • The p
Slide 11: Phase – Joint Venture
PHASE 3 – JOINT VENTURE AUSTRAL SEEKS FOR THE VALUE-ACCRETIVE JV OPPORTUNITIES TO EVALUATE HIGHLY PROSPECTIVE EXPLORATION POTENTIAL. For personal use only • In Sep-22, Austral entered into binding earn-in agreements with MIM (a subsidiary of Glencore)1: • To explore for copper oxide over its neighbo
Slide 12: Strong Alignment with ESG Fundamentals
STRONG ALIGNMENT WITH ESG FUNDAMENTALS SUSTAINABLE DEVELOPMENT GOALS (SDG) ALIGNMENT For personal use only SDG CURRENT ALIGNMENT SUMMARY ESG THEME ALIGNMENT Occupational Health and Safety Health, Safety and Wellbeing Management System Water Management Plan Water and Resources Corporate Governance St
Slide 13: Contact Details
CONTACT DETAILS ASX Listed Copper Producer with Significant Exploration Upside For personal use only Austral Resources Australia Ltd (ASX:AR1) Dan Jauncey Managing Director & CEO admin@australres.com +61 73520 2500 Level 9, 60 Edward Street Brisbane City Qld 4000 www.australres.com 13
Slide 14: Appendix
For personal use only APPENDIX
Slide 15: Mineral Resources
MINERAL RESOURCES1 Measured Indicated Inferred TOTAL Mt Cu (%) Cu (Kt) Mt Cu (%) Cu (Kt) Mt Cu (%) Cu (Kt) Mt Cu (%) Cu (Kt) Anthill Oxide 2.26 0.72% 16.27 5.23 0.65% 34.00 0.14 0.37% 0.52 7.63 0.67% 51.12 For personal use only Transition 0.29 0.90% 2.61 1.82 0.76% 13.83 0.26 0.47% 1.22 2.37 0.74% 1
Slide 16: Mineral Resources (Continued)
MINERAL RESOURCES1(Continued) Mt Clarke Oxide 0.15 0.46% 0.69 0.35 0.43% 1.51 0.02 0.48% 0.10 0.52 0.44% 2.29 Transition 0.41 0.55% 2.26 0.16 0.47% 0.75 0.00 0.46% 0.00 0.57 0.53% 3.02 Sulphide 0.36 0.61% 2.20 0.69 0.57% 3.93 0.50 0.55% 2.75 1.55 0.57% 8.84 For personal use only Total 0.92 0.56% 5.1
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