Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Investor Presentation (February 2020)
19 slides from Yandal Resources's investor presentation, Feb 11, 2020
Slide 1: Resource Growth & Discovery: Target Tier 1 Gold Deposits in Western Australia
www.yandalresources.com.au Resource Growth & DISCOVERY Target “Tier 1” Gold Deposits in Western Australia INVESTOR UPDATE February 11, 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. Certain information in this document has been deriv
Slide 3: Capital Structure
Capital Structure Total Shares on Issue 66.85M Options @ 25-27c 13.13M Cash (Est. end Dec. 2019) 4.70M Share Price (High $0.34) $0.20 23% 26% Board & Founders Market Cap 13.4M 7% Vendors 29% Northern Star Resources Top 20 Holding ~77% 15% High Net Worth Retail A tight and strategic share register. 3
Slide 4: Board And Management
Board And Management LORRY HUGHES BSc (Geol) MAusIMM KATINA LAW BCom, CPA, MBA, GAICD MANAGING DIRECTOR NON EXECUTIVE CHAIR Mr Hughes is an Economic Geologist with over 25 years’ Ms Law has over 25 years’ experience in the mining experience and was recently Executive Director of industry covering co
Slide 5: Unlocking Value for Shareholders
Unlocking Value for SHAREHOLDERS Define gold Resources, make Tier 1 discoveries and commercialise Highly prospective ground, under-explored, located close to operating gold mines - potential for >1Moz deposits Flushing Meadows JORC Resource is undergoing expansion drilling - currently 190,000oz and
Slide 6: Gold Projects
Gold Projects High quality projects in proven Western Australian Greenstone Belts; Contains significant gold deposits and drilled mineralisation on major structures that are open & underexplored; Early success at Flushing Meadows – one of many advanced prospects; Rapid commercialisation of gold depo
Slide 7: Regional Picture
Regional Picture Ironstone Well & Barwidgee Project (472km2) 55km strike of contiguous mining tenements over the prospective Yandal Greenstone Belt; Contains multiple historic gold deposits 40-70km from the Jundee, Bronzewing and Wiluna gold plants; Major gold bearing structures have received virtua
Slide 8: Flushing Meadows Flagship
Oblique Flushing Meadows Flagship Occurs along the major regional structure the E53/1882 E53/1963 Barwidgee Shear Zone in deeply weathered terrain; Flushing Meadows Extensive gold system with excellent potential Quarter to grow current JORC Resource 1. Resource Above 0.5g/t Au lower cut-off Moon Mat
Slide 9: Flushing Meadows Continued
Flushing Meadows Continued The deposit has been modelled for 1.8km along strike and to an average of 130m depth; Infill & expansion drilling to recommence in the current quarter upon receipt of December Quarter RC assays; Recent RC drilling has generated outstanding oxide intervals; 16m @ 2.26g/t Au
Slide 10: Barwidgee Shear Zone
Barwidgee Shear Zone The Barwidgee Shear Zone is a mineralised major regional structure; 12km along strike north and south from Flushing Meadows is ineffectively tested – December reconnaissance Air-core drilling results due in February1; New Air-core drilling to confirm historic mineralisation at t
Slide 11: New Barty Prospect
New Barty Prospect Numerous surface gold occurrences defined by auger-soil sampling and extensive recent gold detecting activities1; North east mineralised trend is >4km long and consists of multiple parallel zones – most historic drilling is shallow and considered ineffective; Southern Bullseye Ano
Slide 12: Mt McClure Project Overview
Mt McClure Project Overview Deposits located 10-28km from the Bronzewing mill; Extensive gold system with excellent potential for Resources at depth – mineralisation occurs >8km strike; >100,000 oz of historic production from three shallow oxide open pits to a maximum of 80m; The Success Deposit (Op
Slide 13: Mt McClure Success X-Section
Mt McClure Success X-Section Success was open pit mined between 1993 - 2010 for ~38,000oz to ~80m vertical depth; Historic high grade primary intercepts included; 5m @ 16.08g/t; and 5m @ 11.56g/t at the base of the pit; These combined with unmined intercepts at depth indicate potential to define hig
Slide 14: Mt McClure Success Long Section
Mt McClure Success Long Section Consistent, thick and open orebody with limited drilling beneath 150m. 1 Refer to YRL’s Replacement Prospectus dated 19 November 2018 and lodged on the ASX 12 December 2018 14
Slide 15: Gordons Gold Project
Gordons Gold Project 14km north from Kanowna Belle Gold Mine - numerous oxide and primary targets on geological contacts between mafic, ultramafic and porphyry rocks; Recent RC drilling success at Gordons Dam Prospect indicates the potential for a significant structural target at depth1; Dickens Cus
Slide 16: Gordons Dam Prospect
Gordons Dam Prospect YRLRC00191 8m @ 7.33g/t Au (35m) incl. - 1m @ 47.96g/t Au (36m) YRLRC01141 2m @ 2.48g/t Au (98m) incl. - 1m @ 4.70g/t Au (99m) Shallow high grade palaeochannel hosted 15m @ 0.95g/t Au (80m) incl. - 7m @ 1.20g/t Au (87m) 7m @ 0.97g/t Au (121m) incl. - 2m @ 2.33g/t Au (122m) gold
Slide 17: Yandal Resources Investment Summary
Yandal Resources Investment Summary Gold is at attractive price levels and is currently trading over AUD$2,300/oz at all time highs; YRL has high quality gold projects with a focus on the Yandal Greenstone Belt which is host to “Tier 1” gold deposits, recent discoveries and consolidation; Strategy 1
Slide 18: Contact Information
Contact Information 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 Capital Andrew Bald – Prin
Slide 19: Appendix Management Team
Appendix Management Team LORRY HUGHES BSc (Geol) MAusIMM DR MICHAEL RUANE Ph.D., MRACI ANDREW BALD MANAGING DIRECTOR TECHNICAL CONSULTANT CORPORATE ADVISORY Mr Hughes is an Economic Geologist with over 25 years’ Dr. Ruane has an extensive history as a successful Executive Mr Bald is the Executive Di
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