Slide 1: Miramar Resources Ltd – Investor Update July 2021
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” INVESTOR UPDATE – JULY 2021 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
Miramar Resources For personal use only ▪ WA-focussed mineral exploration company - listed on ASX Oct 2020 ▪ Gidji JV – potential for a large new gold discovery close to Kalgoorlie ▪ Additional discovery opportunities: ▪ Eastern Goldfields ▪ Murchison ▪ Gascoyne ▪ Strategic land position in emerging
Slide 4: Corporate Overview
Corporate Overview For personal use only Experienced Board ASX Code M2R Allan Kelly • Geologist/Geochemist/Manager Shares on Issue 55.1M (Exec. Chairman) • 30 years experience in mineral • incl. escrowed shares 7.84M exploration, development and production (Australia/Nth America) Unlisted Options (2
Slide 5: Gidji JV
For personal use only Paddington Kanowna Belle Gidji JV (80%) Gidji JV Potential for a large new gold discovery on Kalgoorlie’s doorstep… Mt Charlotte Fimiston Kalgoorlie (Super Pit) 5
Slide 6: Gidji JV (80%)
Gidji JV (80%) For personal use only ▪ Strategic land position located within major regional structure 15km north of Kalgoorlie ▪ Along strike from large deposits • Paddington (10 Moz) • Boorara (0.45Moz) • Zoroastrian/Excelsior (0.88Moz) ▪ Previously underexplored with minimal deep drilling ▪ Excel
Slide 7: Gidji - progress
Gidji - progress For personal use only ▪ Dec 20 • Aircore outlined new targets and intersected high-grade gold at Marylebone ▪ Mar/Apr 21 • Phase 2 aircore upgraded targets • Diamond drilling intersected visible gold in quartz veins at 8-Mile target ▪ May/Jun 21 • Ground mags over Marylebone • RC dr
Slide 8: Marylebone – a Paddington lookalike
Marylebone – a Paddington lookalike For personal use only ▪ Dilational jog in Boorara Shear Zone crosscut by N-S structures ▪ >1.5km aircore gold anomaly with results up to 2m @ 7.69g/t Au ▪ Similar geology, structure and scale to nearby Paddington deposit ▪ Recent ground magnetic survey helps refin
Slide 9: Paddington - Multi-million ounce target
Paddington - Multi-million ounce target For personal use only ▪ Produced 4Moz Au since discovery in 1985 Open pit looking south ▪ Sinistral jog in Boorara Shear Zone cut by N-S structure ▪ Steep E-dipping dolerite laminated vein in dolerite host rock Steep E-dipping Laminated vein ▪ Flat-lying ladde
Slide 10: Geology, Structure, Scale
For personal use only Geology Structure Scale 10
Slide 11: Substantial Upside
Substantial Upside For personal use only ▪ Underexplored land position • Mostly shallow RAB/aircore holes • Average depth <50m • Virtually no drilling >100m • Paleochannel cover obscures prospective geology/structures ▪ Several additional targets on applications waiting to be granted • The Jog – lar
Slide 12: Glandore
For personal use only Glandore Second underexplored gold project close to Kalgoorlie 12
Slide 13: Glandore
Glandore For personal use only ▪ Located 40km E of Kalgoorlie - close to existing/proposed mining/processing infrastructure ▪ Layered mafic complex intruded by granite ▪ East Target – supergene Au mineralisation over >2.5km with limited bedrock testing • 8m @ 22.5g/t Au (DDH) • 4m @ 3.12g/t Au • 5m
Slide 14: Additional Discovery Opportunities
Additional Discovery Opportunities For personal use only ▪ Eastern Goldfields • Randalls –underexplored BIF adjacent to existing gold operations ▪ Murchison • Lang Well – Underexplored greenstone belt between Deflector and Golden Grove ▪ Gascoyne • Whaleshark - Large folded BIF under Carnarvon Basin
Slide 15: Pipeline of high-quality drill targets
Pipeline of high-quality drill targets For personal use only Tenement Target Aircore Bedrock Advanced Region Project grant Generation drilling testing Exploration Piccadilly The Jog Railway Gidji JV Claypan Marylebone Lake Eastern 8-Mile Goldfields Glandore Glandore Randalls Randalls Lang Well Lang
Slide 16: 2021 work programme/news flow
2021 work programme/news flow For personal use only Region Project Mar 21 Qtr Jun 21 Qtr Sep 21 Qtr Dec 21 Qtr Aircore magnetics Gidji JV RC DDH DDH Eastern Goldfields gravity Glandore Aircore DDH Randalls Tenement grant? Aircore/RC Lang Well gravity Aircore Murchison Lakeside Whaleshark Geochem Gas
Slide 17: Summary
Summary For personal use only Since listing in Oct 2020, Miramar has: ▪ Developed multiple new targets at Gidji ▪ Completed permitting and commenced drilling at Glandore ▪ Secured a strategic landholding in an emerging Ni-Cu-PGE province Miramar has all the key ingredients to create shareholder valu
Slide 18: miramarresources.com.au | ASX:M2R
miramarresources.com.au | ASX:M2R