Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Shareholder Meeting (November 2022)
23 slides from Yandal Resources's shareholder meeting presentation, Nov 29, 2022
Slide 1: Driving Resource Growth and Discovery in WA's Tier One Gold Belts
For personal use only DRIVING RESOURCE GROWTH AND DISCOVERY IN WA’s TIER ONE GOLD BELTS AGM Presentation | November 2022 | ASX: YRL 1
Slide 2: Forward Looking and Competent Persons Statement
FORWARD LOOKING AND COMPETENT PERSONS STATEMENT FORWARD LOOKING STATEMENT For personal use only This presentation has been prepared by Yandal Resources Ltd ("Yandal” or “YRL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain informati
Slide 3: Seeking Tier 1 Gold Deposits
SEEKING TIER 1 GOLD DEPOSITS GOLD EXPLORER WITH COMMANDING ACREAGE IN TWO OF WA’S MOST For personal use only PROLIFIC GOLD PRODUCING BELTS Prospects with large All projects close to Strategically located Resource base; discovery potential in local infrastructure in proven gold belts currently 404,00
Slide 4: Capital Structure
CAPITAL STRUCTURE A STRONGLY SUPPORTIVE SHARE REGISTER For personal use only % Total Shares UNLISTED Board/Mgmt/Founders 5% Gold Road SHARES ON ISSUE OPTIONS/PERF RIGHTS 17% Au Xingao 33% 157.8m 31.3m Regal Funds Datt Capital 15% Avenira Limited Hall Group 6% Other 3% 16% 5% CASH SHARE PRICE SHARE P
Slide 5: Experienced Board & Management
EXPERIENCED BOARD & MANAGEMENT EXPLORATION & DEVELOPMENT | PROJECT FINANCE | CORPORATE GOVERNANCE For personal use only TIM KENNEDY BApp Sc (Geol), MBA, MAusIMM, MGSA MANAGING DIRECTOR & CEO Mr Kennedy is a geologist with +35-year career in the mining industry, including extensive involvement in the
Slide 6: Undeveloped Gold Projects with Significant Potential
UNDEVELOPED GOLD PROJECTS WITH SIGNIFICANT POTENTIAL Mt McClure For personal use only >12km long gold system located on granted mining leases ▪ ca.100,000 oz @ 3g/t Au historically mined from three shallow oxide open pits to a maximum depth of 60-100m. Mt McClure Camp total +1.8Moz ▪ Current Resourc
Slide 7: 2022 in Review
2022 IN REVIEW All Projects For personal use only ▪ 63,891m drilling – AC (26,217m), RC (32,662) & DD (5,012) ▪ Injury Free Mt McClure ▪ Completed deep RC drilling program beneath historic pits to establish that mineralisation continues for at least 240m down dip of pits 1. ▪ Established a maiden Mi
Slide 8: Mt McClure | Overview
MT MCCLURE | OVERVIEW ▪ >12km long gold system on granted mining leases located adjacent to Northern Star’s (ASX: NST) Orelia development For personal use only ▪ > 100,000 oz @ ca. 3 g/t Au historically mined from shallow oxide open pits to a maximum depth of 60 - 100m (total Mt McClure mining cente
Slide 9: Mt McClure | Nearby Developments
MT MCCLURE | NEARBY DEVELOPMENTS Orelia For personal use only ▪ Located 10km north of Success in similar structural setting (hanging wall sequence to Mt McClure fault) ▪ Acquired by Northern Star via $193m takeover of Echo Resources in 2019 ▪ Currently being trucked to Thunderbox mill ▪ 2019 BFS1 ▪
Slide 10: Mt McClure | Success
MT MCCLURE | SUCCESS ▪ Inferred Mineral Resource of For personal use only 1,255,000t @ 1.9g/t Au for 75,000oz reported above 1.0g/t Au lower cut-off grade1. A ▪ MRE includes mineralisation beneath historic Success pit which was mined 80m to a maximum depth of 80m. ▪ Gold mineralisation envelopes def
Slide 11: Mt McClure | Challenger
MT MCCLURE | CHALLENGER ▪ Inferred Mineral Resource of 718,000t @ For personal use only 1.9g/t Au for 44,000oz reported above 1.0g/t Au lower cut-off grade1. Challenger Central Challenger North Admiral Gifford Challenger South ▪ MRE includes mineralisation beneath (Challenger Far South) Max pit hist
Slide 12: Mt McClure | Parmelia
MT MCCLURE | PARMELIA ▪ Inferred Mineral Resource of 252,000t For personal use only @ 2.1g/t Au for 17,000oz reported above 1.0g/t Au lower cut-off grade1. A ▪ MRE includes mineralisation beneath historic Parmelia pit which was mined to a maximum depth of 100m. ▪ Gold mineralisation envelopes define
Slide 13: Mt McClure | Resource Upgrade Opportunities
MT MCCLURE | RESOURCE UPGRADE OPPORTUNITIES ▪ Targeting a 10km long For personal use only mineralized zone from 10 km long mineralised zone Caroline in the north to Gilmore in the south ▪ P1 areas are initial targets for 40m x 40m drilling based on proximity to existing mineralisation ▪ P2 are stage
Slide 14: Mt McClure | New Discovery Opportunities
MT MCCLURE | NEW DISCOVERY OPPORTUNITIES ▪ Most historic work in YRL tenure has been focused For personal use only along the Success to Challenger line in the Ultramafic “marker” horizon Orelia (NST) stratigraphic footwall to the ultramafic “marker” with 1.07Moz little investigation outside of this
Slide 15: Mt McClure | Strategy
MT MCCLURE | STRATEGY There is clear scope to establish a significant resource For personal use only inventory within the Mt McClure Project Bronzewing (NST) > 4Moz Strategy Caroline Orelia (NST) 1.07Moz ▪ Define and quantify resources immediately beneath open Success pits as identified by current d
Slide 16: Ironstone Well & Barwidgee
IRONSTONE WELL & BARWIDGEE Overview For personal use only ▪ Located along the western flank of the Tier 1 Yandal Greenstone Belt ▪ Strategically positioned 30km from Jundee and 38km from Wiluna with nearby haulage infrastructure. Note NST tenure in red. ▪ Includes important regional structures and n
Slide 17: Barwidgee | Overview
BARWIDGEE | OVERVIEW DRILLING > 50m & angled ALL DRILLING For personal use only ▪ Numerous mafic and granite contact related targets ▪ Sim’s Find is most advanced prospect High-grade intercepts at Sims Find 8m @ 24.3g/t Au incl. 1m @ 129.0g/t (9m) 1 3m @ 20.9g/t Au incl. 1m @ 62.2g/t (30)m 1 5m @ 6.
Slide 18: Ironstone Well | Overview
IRONSTONE WELL | OVERVIEW ▪ Located on the Barwidgee Shear Zone; a major For personal use only regional structure controlling mineralisation DRILLING >50m & angled ALL DRILLING ▪ Strike length of 24km of prospective trend ▪ Limited effective drilling outside of the historic deposit areas ▪ Flushing
Slide 19: Gordons | Overview
GORDONS | OVERVIEW For personal use only ▪ Project covers ~56km 2 located in a premier gold producing jurisdiction; 30km from Kalgoorlie ▪ Situated on the Eastern flank of the Scotia-Kanowna Dome; similar geological setting to Kanowna Belle (+6.4M Oz) and Paddington (+1Moz) ▪ Within haulage distance
Slide 20: Gordons | Key Prospects
GORDONS | KEY PROSPECTS Drilling Completed FY22 For personal use only Malone ▪ Gold related to felsic – mafic contact Recent intercepts ▪ 600m trend of high-grade intercepts 3m @ 8.2g/t Au including 1m @ 22.0g/t from 130m8 ▪ Recent RC and DDH drilling has returned high- 16m @ 2.8g/t Au including 5m
Slide 21: Looking Ahead to 2023 and Beyond
LOOKING AHEAD TO 2023 AND BEYOND Two-pronged strategy For personal use only ▪ Add immediate value to your Company by building Resource inventory in strategic locations close to current and proposed mining developments ▪ Continue to pursue new “game changing” discoveries by technically driven, focuse
Slide 22: Thank You
THANK YOU For personal use only ▪ To our exploration team for your unflagging efforts to progress our projects safely and effectively in often difficult field conditions ▪ To our Board, Executive Team and office support staff for consistently doing a great job ▪ The Traditional Owners of the lands o
Slide 23: For further information contact Tim Kennedy
For personal use only For further information contact Tim Kennedy yandal@yandalresources.com.au Website Telephone Address yandalresources.com.au +61 (0)8 9389 9021 159 Stirling Highway, Nedlands WA 6009
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