Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Shareholder Meeting (November 2020)
25 slides from Yandal Resources's shareholder meeting presentation, Nov 25, 2020
Slide 1: AGM Presentation: Resource Growth & Mine Development
www. yandalresources.com.au ASX Code:YRL For personal use only GOLD DISCOVERY, Recent AC and diamond exploration drilling at the Gordons Gold Project RESOURCE GROWTH & MINE DEVELOPMENT North Eastern Gold Fields, Western Australia AGM PRESENTATION 25th November,2020
Slide 2: Forward Looking and Competent Persons Statement
Forward Looking and Competent Persons Statement FORWARD LOOKING STATEMENT This presentation has been prepared by Yandal Resources Ltd (“YRL”). The information contained in this presentation is a professional opinion only and is given in good faith. For personal use only Certain information in this d
Slide 3: YRL is a very active explorer with regular news flow
YRL is a very active explorer with regular news flow For personal use only New gold discovery at Gordons Dam near Kalgoorlie W.A. – high grade oxide and primary gold mineralisation has been intersected with limited RC drilling 10,000m extensional AC drill program complete and 800m diamond core drill
Slide 4: Pipeline of priority prospects to substantially grow resource inventory
Pipeline of priority prospects to substantially grow Resource inventory and developments over the For personal use only next 12 months to increase value for shareholders Production $$ Resource Development Flushing Meadows Advanced Drilling Gordons Dam, Sims Find, Success, Challenger Parmelia, Obliqu
Slide 5: Board
Board LORRY HUGHES BSc (Geol) MAusIMM KATINA LAW BCom, CPA, MBA, GAICD For personal use only MANAGING DIRECTOR NON EXECUTIVE CHAIR Mr Hughes is an Economic Geologist with over 25 years’ experience and was Ms Law has over 25 years’ experience in the mining industry covering recently Executive Directo
Slide 6: Capital Structure
Capital Structure For personal use only Total Shares on Issue 92.70M Options @ 25-27c 12..60M Cash (end Sept 2020) $10.50M Aug Nov 2019 2020 Share Price (High $0.65) $0.46 19% % Total Shares 28% Board & Founders Market Cap ~$43M 13% Northern Star Resources DGO Gold and Regal 27% 13% High Net Worth T
Slide 7: Gold Projects
Gold Projects For personal use only High quality projects in proven Western Australian Greenstone Belts; Significant unmined gold deposits and drilled mineralisation on major structures that are open & underexplored; Exploration within 8km of the Flushing Meadows and Gordons Dam prospects to be aggr
Slide 8: Gordons Gold Project
Gordons Gold Project <20km by existing roads from two operating processing For personal use only facilities in Kalgoorlie (Paddington and Kanowna Belle) and 4km from an existing haulroad network to Kalgoorlie; Oxide and primary targets on geological contacts between mafic, ultramafic and porphyry ro
Slide 9: Gordons Dam Prospect latest
. Gordons Dam Prospect latest YRLRC0337 7m @ 3.48g/t Au (38m) incl. -2m @ 10.88g/t Au (39m) -1m @ 15.13g/t Au (39m) Shallow high grade RC drill intercepts to be included in YRLRC00193 For personal use only 8m @ 7.33g/t Au (35m) incl. planned maiden Mineral Resource Estimate include; YRLRC0336 6m @ 1
Slide 10: For personal use only
. YRLRC0337 Inset map right 7m @ 3.48g/t Au (38m) incl. -2m @ 10.88g/t Au (39m) -1m @ 15.13g/t Au (39m) YRLRC00193 For personal use only OPEN AT YRLRC0336 8m @ 7.33g/t Au (35m) incl. -1m @ 47.96g/t Au (36m) 6m @ 1.18g/t Au (38m) incl. DEPTH TO -1m @ 4.54g/t Au (38m) NORTH YRLRC0340 EAST 8m @ 0.42g/t
Slide 11: Gordons Dam Schematic X-section
Gordons Dam Schematic X-section Surficial cover to ~30m depth has For personal use only hidden the mineralisation; Results from RC drilling to test bedrock over 150m of strike have been highly encouraging; Pervasive and zoned alteration 5m @ 2.44g/t Au (40m) incl.1 -2m @ 5.07g/t Au1 assemblages char
Slide 12: Ironstone Well & Barwidgee
Ironstone Well & Barwidgee 55km strike of contiguous mining For personal use only tenements over the prospective Yandal Greenstone Belt (472km 2 ); Contains multiple historic gold deposits 40-70km from the Jundee, Bronzewing and Wiluna gold plants; Major gold bearing structures have received virtual
Slide 13: Flushing Meadows Prospect
Flushing Meadows Prospect Occurs along the major regional structure the For personal use only Barwidgee Shear Zone in deeply weathered terrain; Extensive gold system with excellent potential to grow current Mineral Resource Estimate by exploring within 8km of Flushing Meadows. Above 0.5g/t Au lower
Slide 14: Flushing Meadows Continued
Flushing Meadows Continued The deposit was previously modelled for 1.8km For personal use only along strike and to an average of 130m depth; Opportunity to intensify the exploration effort to explore for nearby deposits where there has been little or no effective drilling – results pending from curr
Slide 15: Flushing Meadows Continued
Flushing Meadows Continued Open pit mine development planning activities well For personal use only advanced; Additional Mining and Miscellaneous licences applied for to cover entire MRE and part of proposed haulage route to 3rd party processing facilities; Geotechnical and water monitoring bores co
Slide 16: Barwidgee Shear Zone
Barwidgee Shear Zone The Barwidgee Shear Zone is a mineralised major For personal use only regional structure; 12km along strike north and south from Flushing Meadows is ineffectively tested in most areas – reconnaissance Air-core drilling at the advanced planning stage; New mineralisation drilled 7
Slide 17: Barwidgee Shear Zone
Barwidgee Shear Zone Oblique Flushing For personal use only New 12,500m RC and AC drilling program at a Meadows North number of priority targets has commenced; Quarter Moon Significant historic drilling demonstrates clear Flushing Meadows potential to confirm significant shallow historic South miner
Slide 18: Barty and Sims Find Prospects
Barty and Sims Find Prospects Numerous surface gold occurrences defined by For personal use only auger-soil sampling, extensive recent gold detecting activities1, new and historic drilling; New discovery with first pass AC drilling at Barty Bullseye prospect, RC follow-up drilling completed – result
Slide 19: Mt McClure Project Overview
Mt McClure Project Overview Deposits located 20-28km from the Bronzewing mill (ASX: For personal use only NST) and represent an extensive gold system with excellent potential for Resources at depth – mineralisation occurs over >8km strike; >100,000 oz of historic production from three shallow oxide
Slide 20: Mt McClure New RC Drilling
Mt McClure New RC Drilling Three new Mining Leases recently granted; For personal use only Haulage infrastructure remains in place from last mining campaigns in 2011/12; 3,000m of RC drilling completed to confirm the location of multiple historic intercepts – results pending; Goal is to rapidly move
Slide 21: Mt McClure Success X-Section
Mt McClure Success X-Section Success was open pit mined between 1993 - 2010 for For personal use only ~38,000oz to ~80m vertical depth; Historic high grade primary intercepts included; ➢5m @ 16.08g/t Au; and ➢5m @ 11.56g/t Au at the base of the pit; These combined with unmined intercepts at depth in
Slide 22: Mt McClure Success Long Section
Mt McClure Success Long Section For personal use only Consistent, thick and open orebody with limited drilling beneath 150m – Resource Potential! 1 Refer to YRL’s Replacement Prospectus dated 19 November 2018 and lodged on the ASX 12 December 2018 22
Slide 23: Management Team
Management Team LORRY HUGHES BSc (Geol) MAusIMM BIANCA TAVEIRA ANDREW BALD For personal use only MANAGING DIRECTOR COMPANY SECRETARY CORPORATE ADVISORY Mr Hughes is an Economic Geologist with over 25 years’ Mrs Taveira is a highly experienced Company Secretary and Mr Bald is the Executive Director o
Slide 24: Yandal Resources Investment Summary
Yandal Resources Investment Summary YRL has high quality gold projects advancing toward production and For personal use only discoveries – targeting “Tier 1” gold deposits Strategy 1- to rapidly build JORC Resources and develop mines Strategy 2- define and drill test our best Greenfields targets to
Slide 25: Contact Information
Contact Information For personal use only 159 Stirling Highway Nedlands, WA 6009 PO Box 1104 Nedlands, WA 6909 P: +61 8 9386 4699 F: +61 8 9386 9473 Share Registry Grosvenor Place lorry.hughes@yandalresources.com.au Level 12, 225 George Street www.yandalresources.com.au Sydney, NSW 2000 Panthea Capi
Yandal Resources — Shareholder Meeting (November 2020) on 6ix