Miramar Resources Limited · ASX:M2R
Miramar Resources — RIU Resurgence Conference 2022
21 slides from Miramar Resources's conference presentation, Nov 23, 2022
Slide 1: Miramar Resources Ltd - RIU Resurgence Conference
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” RIU RESURGENCE CONFERENCE 23-24 NOVEMBER 2022 ASX: M2R
Slide 2: Disclaimer/Competent Person Statement
Disclaimer/Competent Person Statement For personal use only Forward-Looking Statements 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: Miramar Resources - Investment Highlights
Miramar Resources - Investment Highlights For personal use only Active WA-focused exploration company ▪ High-grade gold in Glandore drilling ▪ Potential new gold camp at Gidji JV ▪ Large IOCG targets at Whaleshark ▪ Bangemall - strategic land position within Gascoyne – REE/Ni-Cu-PGE potential ▪ Boar
Slide 4: Spending money on the ground…
Spending money on the ground… For personal use only $1,400 1184 $1,200 Since listing in Oct 2020 $1,000 913 ▪ ~75% of cashflow on 843 active exploration $800 748 programmes $000's 684 653 ▪ 1,206 aircore holes $600 (59,742m) $400 327 ▪ 28 RC holes (4,277m) 294 ▪ 11 DD holes (~2,500m) $200 ▪ Multiple
Slide 5: Bangemall – first mover in emerging region
Bangemall – first mover in emerging region For personal use only ▪ Multiple crustal-scale structures/fluid conduits ▪ REE potential • Mag/radiometric anomalies • REE carbonatite discoveries nearby ▪ Ni-Cu-PGE potential • Prot. dolerite sills • Stream sed/soil anomalies • EM conductors 5
Slide 6: Bangemall - Dooley Downs Project
Bangemall - Dooley Downs Project For personal use only ▪ Detailed magnetic and radiometric survey recently completed ▪ Multiple potential intrusions identified • U and Th anomalism • Magnetic lows ▪ Follow-up geophysical and geochemical surveys planned 6
Slide 7: Eastern Goldfields Projects
Eastern Goldfields Projects For personal use only Strategic land position in world-class gold province ▪ Three underexplored projects close to Kalgoorlie-Boulder ▪ Year-round access ▪ Proximity to multiple gold mining/processing operations 7
Slide 8: Glandore
Glandore For personal use only ▪ Underexplored high-grade gold opportunity – 40km E of Kalgoorlie ▪ Close to various gold mining/processing infrastructure 8
Slide 9: Glandore
Glandore For personal use only ▪ Large gold footprint outlined by historic and recent land/lake aircore drilling ▪ High-grade gold results at mafic/granite contact – “Glandore East” target ▪ Detailed UAV magnetic survey highlights multiple NE-trending and potentially mineralised structures crosscutt
Slide 10: Glandore East
Glandore East For personal use only ▪ Targeting intersection of NE-trending structures and granodiorite/mafic contact ▪ High-grade gold in first two holes • GDDD001 - 0.8m @ 13.9g/t Au • GDDD002 - 0.8m @ 5.91g/t Au ▪ Drilling ongoing – assays pending ▪ Significant strike potential – open at depth 10
Slide 11: Glandore East
Glandore East For personal use only GDDD004 GDDD005 Sulphidised (looking north) mafic GDDD002 Coarse gold in granodiorite 11
Slide 12: Gidji JV
Gidji JV For personal use only “The cheapest house on the best street” Kanowna Belle Paddington GIDJI JV Kalgoorlie Super Pit 12
Slide 13: Gidji JV - Multiple large new gold targets outlined
Gidji JV For personal use only Multiple large new gold targets outlined ▪ Marylebone • 2 x >1.6km long gold anomalies with multiple high-grade results up to 13g/t Au ▪ Blackfriars • >1.4km long anomaly at mafic/sediment contact with results up to 11.8g/t Au (EOH) ▪ Highway/Piccadilly • >1km long ano
Slide 14: Gidji JV – Mile
Gidji JV – 8 Mile For personal use only ▪ North of 300koz “Runway” deposit (NST) 8-mile • 6m @ 11.73g/t Au “Runway” (300koz Au) • 7m @ 8.51g/t Au 400m • 6.3m @ 7.63g/t Au • 217m @ 2.06g/t Au* • 281m @ 1.30g/t Au* ▪ New discovery beneath Runway • Opposite dip to Runway? IP Chargeability section (look
Slide 15: Whaleshark Cu-Au Project
Whaleshark Cu-Au Project For personal use only Potential for IOCG and/or BIF-hosted gold ▪ 40km east of Onslow ▪ Proterozoic BIF and granite under Carnarvon Basin sediments ▪ Basement depth mostly <100m ▪ Proximity to major infrastructure 15
Slide 16: Whaleshark Cu-Au Project
Whaleshark Cu-Au Project For personal use only Large Cu anomalies at basement unconformity MMI anomaly MMI anomaly ▪ Aircore drilling outlines Cu and IOCG BIF pathfinder anomalies at unconformity granite ▪ Depth to basement ~100m ▪ Ground geophysics and follow-up Looking NE drilling planned 16
Slide 17: Lang Well (REE/Au)
Lang Well (REE/Au) For personal use only ▪ Multiple large untested auger anomalies • Au and REE (Samarium) ▪ Elevated REE (La and Ce) in soils ▪ Shallow (clay-hosted) REE mineralisation in historic aircore drillhole • 4m @ 1500ppm TREO • High proportion of Nd2O3 ▪ Multiple potential pegmatites ident
Slide 18: Target pipeline provides substantial upside
Target pipeline provides substantial upside For personal use only Aircore Project Applications Target Generation Bedrock Testing Drilling Glandore East GLANDORE Glandore West/Island Marylebone 8-Mile Lake The Jog GIDJI JV Blackfriars Railway Piccadilly Highway Claypan Boorara North WHALESHARK IOCG t
Slide 19: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code M2R Substantial Shareholders % Shares on Issue 70.7M XGS Pty Ltd (Allan Kelly) 9.9 Listed Options (25c) 28.0M Faraday Nominees Pty Ltd 9.3 Market Capitalisation (@ 10c) $6.8M Top 20 Holders 42.5 Cash/Investments (30 Sep 22) $2.1M Board 10.8 Enterpris
Slide 20: Summary
Summary For personal use only High-grade gold Large IOCG results from targets at Glandore Whaleshark Uncovering a REE and Ni-Cu- potential new PGE potential at gold camp at Bangemall Gidji JV Track record of Substantial Regular news discovery, flow, tight share development value upside register, low
Slide 21: For personal use only
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