Miramar Resources Limited · ASX:M2R
Miramar Resources — AMEC Investor Briefing 2024
32 slides from Miramar Resources's conference presentation, Jun 4, 2024
Slide 1: Gold and Critical Minerals Exploration – AMEC Investor Briefing
For personal use only Gold and Critical Minerals Exploration AMEC Investor Briefing 4 June 2024
Slide 2: Disclaimer/Competent Person Statement
Disclaimer/Competent Person Statement Forward-Looking Statements For personal use only Statements in this presentation which are not statements of historical facts, including but not limited to those relating to the proposed transactions, are forward-looking statements. These statements instead repr
Slide 3: Aiming to create shareholder value through discovery
Aiming to create shareholder value through discovery For personal use only Strategy ▪ Explore for in-demand commodities • Gold • Critical minerals ▪ Acquire underexplored projects in world-class mineral provinces YOU ARE ▪ Systematic exploration HERE using best practise ▪ Leverage off existing minin
Slide 4: Key Projects
Key Projects For personal use only Gidji JV Project Bangemall Whaleshark (80%) 15km N of Gascoyne 40km E of Location Kalgoorlie region Onslow Copper Target Ni-Cu-Co- Gold Gold Commodity PGE’s Magnetite Nova Ernest Deposit Henry Paddington Nebo-Babel Examples Norilsk Starra 4
Slide 5: Strategic landholding in WA's Eastern Goldfields
Strategic landholding in WA’s Eastern Goldfields For personal use only 636km2 land position in world-class gold province Underexplored camp-scale gold projects • Gidji JV (80%) • Glandore • Randalls Proximity to multiple gold mining and processing operations 5
Slide 6: Gidji JV
For personal use only Gidji JV Potential new gold camp
Slide 7: Gidji JV – The cheapest house in the best street
Gidji JV PADDINGTON KANOWNA BELLE GIDJI JV For personal use only “The cheapest house in the best street” ▪ 15km N of Kalgoorlie via major highway 8 Mile Dam ▪ Surrounded by multiple major gold deposits and/or processing plants ▪ Potential extension to NST’s “8 Mile Dam” gold deposit (313koz) MOUNT C
Slide 8: Gidji JV
Gidji JV ▪ 15km strike of Boorara Shear Zone – host to For personal use only multiple significant gold deposits • Paddington (>2Moz) • Boorara (450koz) ▪ Miramar has made multiple gold discoveries with systematic aircore drilling • Marylebone • Blackfriars • Highway-Piccadilly • Railway ▪ Multiple b
Slide 9: 8-Mile Target
8-Mile Target Additional offset gravity and aircore EOH anomaly Follow-up IP planned ▪ Potential extension to “8 Mile Dam” deposit For personal use only • 313koz @ 1.4g/t Au ▪ Aircore EOH results, gravity and IP data IP, aircore EOH and gravity anomaly highlight bedrock target offset by NE faults of
Slide 10: Marylebone
Marylebone Large gold footprint beneath paleochannel For personal use only ▪ Mafic-U/M-sediment package within Boorara Shear Zone ▪ Multiple high-grade aircore gold results ▪ JORC “Exploration Target” outlined from shallow aircore drilling • 1.4 – 3.2Mt @ 1.2 – 1.5g/t Au • 55 – 155koz contained Au ▪
Slide 11: Blackfriars
Blackfriars “Paddington lookalike” target For personal use only ▪ Quartz dolerite with sulphides at Black Flag/Boorara Shear Zone contact ▪ 1km long aircore anomaly >1g/t Au • GJAC627– 1m @ 11.8g/t Au, 6g/t Ag (EOH) • GJAC674 – 3m @ 1.07g/t Au GJAC627 1m @ 11.8g/t Au, 6g/t Ag (EOH) GJRC028 120-121m
Slide 12: Highway-Piccadilly
Highway-Piccadilly ▪ 1.8km long aircore gold anomaly For personal use only ▪ Highway - potential intrusion within Black Flag Group sediments • GJAC721 - 3m @ 3.78g/t Au ▪ Piccadilly - dolerite intruding in shale/siltstone • GJAC058 - 1m @ 4.53g/t Au, 8g/t Ag 12
Slide 13: Bangemall
For personal use only Bangemall Exploring for Ni-Cu-Co-PGE’s 13
Slide 14: Bangemall Projects
Bangemall Projects Exploring for Norilsk-style Ni-Cu-Co-PGE For personal use only mineralisation in the underexplored Capricorn Orogen Proterozoic orogens host large mafic intrusion-related Ni-Cu-Co-PGE deposits ▪ Nova-Bollinger ▪ Nebo-Babel ▪ Savannah ▪ Raglan ▪ Thompson ▪ Voisey Bay ▪ Jinchuan 14
Slide 15: Why explore for nickel in the current market?
Q: Why explore for nickel in the current market? A: Not all nickel deposits are created equal! For personal use only Mafic intrusion-hosted Ni-Cu-Co-PGE deposits are: ✓ Large ▪ 100’s Mt to >1Bt of ore ▪ 0.1Mt to >1Mt of Nickel ✓ Valuable ▪ High-grade/tenor ✓ Low-cost/high-margin Nova Norilsk ▪ High
Slide 16: Bangemall – potential new Ni-Cu-Co-PGE Province
Bangemall – potential new Ni-Cu-Co-PGE Province Strategic 2,100km2 district- For personal use only scale landholding ▪ 100%-owned ▪ First mover status ▪ Interest from majors Key ingredients for Norilsk- style Ni-Cu-Co-PGE’s ✓ Kulkatharra Dolerite sills ✓ Major crustal-scale faults ✓ Sulphide/sulphat
Slide 17: Bangemall Ni-Cu potential recognised
Bangemall Ni-Cu potential recognised GSWA Report 99 (2005): For personal use only CSIRO Ni-Cu Prospectivity Mapping (2017) ▪ “The Western Bangemall Supergroup with its thick mafic sill complex would be a prime target for Ni-Cu- PGE sulphides” ▪ “The Bangemall Supergroup is considered to be highly pr
Slide 18: Multiple targets outlined for maiden drill campaign
Multiple targets outlined for maiden drill campaign For personal use only ▪ Kulkatharra Dolerite sills intruding into sulphidic and/or evaporite sediments ▪ Geochemical indicators ▪ Sulphides in outcrop ▪ Multiple late-time airborne and ground EM conductors Maiden drill campaign ✓ $180K EIS funding
Slide 19: Whaleshark
For personal use only Whaleshark Multi-commodity project in infrastructure-rich area
Slide 20: Whaleshark
Whaleshark For personal use only Multi-commodity potential ▪ Gold mineralisation in BIF ▪ Copper sulphides in granodiorite ▪ Large magnetite iron targets Infrastructure-rich area ▪ Major highway ▪ Gas pipeline ▪ Port facilities ▪ Magnetite mine/concentrator 20
Slide 21: Summary
21 For personal use only Summary
Slide 22: Exciting Target Pipeline
Exciting Target Pipeline For personal use only Geochemical Tenement Aircore Bedrock Resource /Geophysical Applications anomalism intersections Delineation anomalism The Jog 8-Mile Lake Yindarlgooda Blackfriars Marylebone Porphyry Venetian Blackfriars Randalls Highway Railway Randalls Mount Vernon Ro
Slide 23: Experienced Board
Experienced Board For personal use only Allan Kelly ASX Code M2R Executive Chairman • 30 years’ exploration-development-production experience Shares on Issue 186.1M • Founding MD, Doray Minerals Ltd (2009-2016) Listed Options (@ 25c) 59.7M • AMEC “Prospector” Award – 2014 Market Cap $1.9M Marion Bus
Slide 24: 2024 Work Programme
2024 Work Programme For personal use only June Quarter ▪ Map depth to basement at Whaleshark with passive seismic survey - completed ▪ Follow-up IP survey over 8-Mile extension target September Quarter ▪ Complete Entitlement Offer ▪ Drill test selected bedrock targets at Gidji JV ▪ Heritage survey,
Slide 25: Why Invest in Miramar?
Why Invest in Miramar? For personal use only Multi- Potential new commodity Ni-Cu-Co-PGE potential at Province Whaleshark Board track Underexplored record camp-scale Tight register gold projects Substantial Very low EV value upside 25
Slide 26: Contact
For personal use only T:+ 61 8 6166 6302 | E: info@miramarresources.com.au
Slide 27: Additional Projects
For personal use only Additional Projects
Slide 28: Glandore
Glandore ▪ 40km E of Kalgoorlie - close to existing/ For personal use only proposed gold processing plants ▪ Layered mafic sill intruded by granodiorite – similar geology/structure to Majestic (500koz) GLANDORE EAST ▪ Large aircore footprint >1g/t Au under salt lake Multiple high-grade intersections
Slide 29: Randalls Projects
Randalls Projects Underexplored projects on major structures For personal use only Lake Yindarlgooda ▪ 11km strike of aircore gold anomalism ▪ Similar geology/structure to 2Moz Invincible gold deposit (St Ives) Venetian ▪ Sporadic historic RAB drilling Randalls ▪ Folded BIF adjacent to high-grade go
Slide 30: Lake Yindarlgooda – significant gold potential
Lake Yindarlgooda – significant gold potential For personal use only Saint Ives Gold Deposits Lake Yindarlgooda • Production ~370kozpa • Reserve 2.6Moz • Resource 2.0Moz 30
Slide 31: Chain Pool (Cu-Pb-Ag)
Joy Helen Workings Chain Pool (Cu-Pb-Ag) For personal use only 31
Slide 32: Carnarvon Sands (heavy mineral sands +/- REE's)
Carnarvon Sands (heavy mineral sands +/- REE’s) For personal use only 32