Astral Resources Nl · ASX:AAR
Astral Resources Nl — Investor Presentation (October 2022)
23 slides from Astral Resources Nl's investor presentation, Oct 13, 2022
Slide 1: Closing in on One Million Ounces
For personal use only Closing in on One Million Ounces Corporate Presentation ASX:AAR astralresources.com.au October 2022
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation is for informational purposes only and does not The information in this presentation that relates to exploration targets and exploration results is constitute an offer to issue, or arrange to issue, securities or other f
Slide 3: Key Investment Highlights
Key Investment Highlights For personal use only • Strategically located 70km in the Gold Fields of Western Australia • Total gold Mineral Resource inventory of 27Mt at 1.1g/t Au for 900koz contained gold1 • Rapidly growing the Mandilla Mineral Resource towards 1,000,000oz • Testing of conjugate high
Slide 4: Corporate Overview
Corporate Overview For personal use only Shares On Issue Market Capitalisation 596.2M $47.7M (at $0.08 per share) Share Price 0.14 2000000 Options / Rights Cash on Hand 1800000 0.12 15.2M/7.2M $3.2M 1600000 (Ave exercise price 22c) (As at 30 June 2022) 0.1 1400000 1200000 0.08 1000000 0.06 Significa
Slide 5: Corporate & Technical Skills that can Deliver
Corporate & Technical Skills that can Deliver For personal use only Board of Directors Leigh Warnick Justin Osborne Peter Stern David Varcoe Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Leigh Warnick is an experienced Mr Osborne has over 30 years Is a g
Slide 6: Mandilla Gold Project Overview
Mandilla Gold Project Overview For personal use only • 14km2 land package located in a premier gold mining jurisdiction 70km south of Kalgoorlie • Total MRE at Mandilla has grown to 24Mt at 1.0g/t Au for 784,000 oz of contained gold • Astral has increased Mandilla MRE by 57% over 3 successive update
Slide 7: Mandilla Gold Project – MRE
Mandilla Gold Project – MRE For personal use only Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) Classification Tonnes (Mt) Gold (g/t) Ounces (koz) 0.3 – 0.6 g/t Au Indicated 10 1.0 331 0.6 – 2.0 g/t Au Inferred 14 1.0 453 Total 24 1.0 784 > 2.0 g/t Au The prece
Slide 8: Mandilla Gold Project Drilling update
Mandilla Gold Project Drilling update For personal use only • 16-hole daimond drilling (DD) program recently completed: • Program targeting the western flank of Theia and testing for extensions to the southern and northern interpreted high-grade trends • Three DD holes drilled at Hestia • 14 of 16 D
Slide 9: Theia Diamond Drilling
Theia Diamond Drilling For personal use only • 16-hole diamond drill program recently completed • 4,022m of DD plus 450m of RC pre-collars • 14 of 16 holes intersected visible gold • Testing of two inferred conjugate high-grade gold trends provide exciting proof-of-concept for further exploration at
Slide 10: For personal use only
For personal use only ASX:AAR | 10
Slide 11: Section
For personal use only Section 2 ASX:AAR | 11
Slide 12: Section
For personal use only Section 3 ASX:AAR | 12
Slide 13: Theia - Outstanding Metallurgy
Theia - Outstanding Metallurgy De-risking a Mandilla Development For personal use only • Two phases of metalurgical testwork completed • Comminution testing demonstrates Theia ore to be reasonably abrasive and low to moderately competent (low to moderate energy requirement) • Grind size optimisation
Slide 14: New Discovery Hestia Prospect
New Discovery Hestia Prospect For personal use only • Mineralisation hosted within a shear zone adjacent to a mafic/sediment contact • Interpreted to be part of the major north-south trending group of thrust faults known as the Spargoville shear corridor • Locally hosts the Wattle Dam gold mine (min
Slide 15: Metres of diamond drilling recently completed at Hestia
For personal use only • 446 metres of diamond drilling recently completed at Hestia • All three holes intersected the target shear zone associated with the mafic/sediment contact of the Spargoville shear corridor • Intersected shear zone observed to be altered with sulphides, increasing density of q
Slide 16: For personal use only
For personal use only ASX:AAR | 16
Slide 17: Eos is growing
Eos is growing High-grade palaeochannel For personal use only • A significant increase in MRE expected at Eos which is likely to be higher in grade than the Theia deposit • Relatively shallow palaeochannel with bottom- of-hole mineralisation indicating potential for fresh rock mineralisation to pers
Slide 18: For personal use only
For personal use only ASX:AAR | 18
Slide 19: Feysville Gold Project Overview
Feysville Gold Project Overview For personal use only • 11km2 land package located in the premier Eastern Goldfields province • 14km south of the 70Moz Kalgoorlie Super Pit • 50km north north-east of Mandilla • MRE of 3Mt at 1.3g/t Au for 116,000 oz of contained gold3 • Other Feysville targets with
Slide 20: Feysville Gold Project Prospectivity
Feysville Gold Project Prospectivity For personal use only • Review of all DD core completed, data processed and plotted in 3D • Regional bottom-of-hole (BOH) multi- element sampling and BOH relogging recently completed with assay results pending v • Mapping of historic workings completed • Targetin
Slide 21: Why invest in Astral?
Why invest in Astral? For personal use only Nearing 1Moz, makes Mandilla increasingly relevant Metallurgy is as good as it gets Strategically positioned in tier 1 location, Mandilla is fast becoming the premier undeveloped gold project in the goldfield’s region held by a junior explorer ASX:AAR | 21
Slide 22: Mandilla Mineral Resource Estimate
Mandilla Mineral Resource Estimate For personal use only Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) Classification Tonnes (Mt) Gold (g/t) Ounces (koz) Indicated 10 1 331 Inferred 14 1 453 Total 24 1 784 Mineral Resource Estimate for the Feysville Gold Projec
Slide 23: Contact Us
For personal use only Contact Us Suite 2, 6 Lyall St, South Perth, WA, 6151 T: +61 8 9382 8822 E: info@astralresources.com.au ASX:AAR astralresources.com.au 23
Astral Resources NL — Investor Presentation (October 2022) on 6ix