Askari Metals Limited · ASX:AS2
Askari Metals — Investor Presentation (July 2021)
27 slides from Askari Metals's investor presentation, Jul 8, 2021
Slide 1: Askari Metals Limited Corporate Presentation
Askari Metals Limited: Focused on developing a portfolio of Australian Copper and Gold Assets CORPORATE PRESENTATION July 2021
Slide 2: Disclaimer
Disclaimer This document contains forward-looking statements concerning Askari Metals Limited. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looking statements as a result of a variety of risks
Slide 3: Investment Highlights
Investment Highlights ▪ Five 100% owned Copper and Gold projects located in the Lachlan Fold Belt of New South Wales and Western Australia in close proximity to large deposits and other mines - each project has had previous exploration success through limited drilling programs which have identified
Slide 4: Capitalisation Data
COMPANY SNAPSHOT Capitalisation Data Company Statistics Share Price A$ 0.23 Tradeable Shares on Issue M 30.2 Market Capitalisation (incl. Escrowed Shares) A$M 9.8 Cash at bank A$M 5.75 Top 20 Shareholder ~57% Board and Management ~15% Additional Securities Escrowed Shares M 12.4 Board Performance Ri
Slide 5: Board and Management experienced in copper and gold, exploration and mining
PROVEN TEAM Board and Management experienced in copper and gold, exploration and mining Mr Robert Downey – Chairman Mr Paul Fromson – Company Secretary and CFO ▪ Admitted as a barrister and solicitor of the Supreme Court of Western • Mr Fromson is a finance professional with over 30 years of industr
Slide 6: Project Portfolio
Project Portfolio "Darwin Northern Territory Alice Springs Western Australia South Australia Perth = Adelaide 1000km « Townsville Queensland Brisbane New South Wales * sydney Canberra Victoria Mebourne * Hobart Horry Copper Project Located along strike of the Halls Creek Copper Project ‘owned by Caz
Slide 7: Horry Copper Project
Horry Copper Project ▪ Located in a proven copper-gold district in the Kimberly Region of northern Western Australia ▪ Infrastructure located nearby and close to the Nicholsons Find Au project held by ASX listed Pantoro Limited (ASX. PNR) ▪ Several significant copper-gold and copper occurrences and
Slide 8: Horry Copper Project Geophysical Survey and Drilling Proposed to Commence
Horry Copper Project ▪ The Horry Copper Project is located in the north-eastern area of Western Australia. Halls Creek is approximately 90 km to the north- east, Broome is 530 km to the west, and Kununurra is 380 km to the north of the tenement ▪ Significant historic rock chip samples reported that
Slide 9: Callawa Copper Project
Callawa Copper Project ▪ Located in a proven copper-gold district in the Ashburton Goldfields of Western Australia ▪ Infrastructure located nearby and close to the recently discovered Winu Copper-Gold Discovery held by Rio Tinto (ASX: RIO) ▪ Several significant copper-gold and copper occurrences and
Slide 10: Callawa Copper Project
Callawa Copper Project ▪ The Callawa Project is located approximately 85km northeast of Marble Bar around the abandoned “Callawa Station Homestead”. The lease can be reached from Marble Bar by the Limestone – Marble Bar Road to the Woodie Woodie Warrawagine Road and then via station tracks ▪ The Cal
Slide 11: Callawa Copper Project
Callawa Copper Project ▪ In December 2006, Montezuma Mining Limited (now known as Element 25 Limited, ASX: E25) completed a rock chip sampling program, returning assays up to 28.7% Cu with associated anomalous gold and silver. A total of five samples taken along the exposed interval (~100m) returned
Slide 12: Springdale Copper-Gold Project
Springdale Copper-Gold Project ▪ Located 330km WSW of Sydney, New South Wales, Australia ▪ The town of Temora lies 16km to the west ▪ Forested or cleared agricultural country ▪ Freehold land holdings – no environmental reserves ▪ Access is good with several roads and tracks passing through the tenem
Slide 13: Springdale Copper-Gold Project
Springdale Copper-Gold Project ▪ Highly prospective central-east Lachlan Fold-Belt ▪ Potential for large copper-gold porphyry systems hosted in the late age Ordovician Volcanics ▪ Located along strike of the Junee Copper-Gold Porphyry Project held by DevEx Resources Limited (ASX: DEV) and to the eas
Slide 14: Springdale Copper-Gold Project
Springdale Copper-Gold Project ▪ Historic gold mine located along N-S trending structures at an angle to the Springdale fault zone ▪ The Springdale project represents a series of historical gold mines hosted in the Silurian sedimentary rocks in the southern Lachlan fold belt ▪ The historic mines wer
Slide 15: Springdale Copper-Gold Project
Springdale Copper-Gold Project ▪ Series of historical gold mines within the Upper Silurian aged Combaning Formation ▪ Host rocks consist of siltstone, sandstone, shale, conglomerate, and minor felsic volcanics ▪ A number of later upper Silurian and Devonian granites intrude the host sediment sequenc
Slide 16: Springdale Copper-Gold Project
Springdale Copper-Gold Project Springdale Fault ▪ Springdale fault on the western side of Prospective the project splays structures ▪ N-S splay off the major crustal scale Gilmore Suture zone 5km to the south ▪ Historic gold mine located along N-S trending structures at an angle to the Springdale fa
Slide 17: Springdale Copper-Gold Project
Springdale Copper-Gold Project ▪ Regional aeromagnetic image showing main structural trends ▪ The Springdale Fault is a N-S splay off the Gilmour Fault to the south ▪ Magnetic highs in the north are related to granitic intrusions ▪ Gold mines are located along the N-S structural trends 17 17
Slide 18: Burracoppin Gold Project
Burracoppin Gold Project ▪ The Burracoppin Project is located approximately 20km east of Merredin and 15km west of the Edna May Gold Mine in the eastern wheat belt of WA ▪ The project is easily accessible from Merredin using the Great Eastern Highway ▪ The Burracoppin South Road cross cuts some of t
Slide 19: Burracoppin Gold Project
Burracoppin Gold Project High grade assay results from drilling ▪ BF29 – 3m @ 11.9g/t Au from 14m ▪ Including 1m @ 32.4g/t Au ▪ BF30 – 1m @ 4.8g/t Au from 0m ▪ BF34 – 1m @ 7.0g/t Au from 19m ▪ BF33 – 2m @ 9.1g/t Au from 18m ▪ Including 1m @ 16g/t Au High grade rock chip samples on the tenure ▪ BF-05
Slide 20: Burracoppin Gold Project
Burracoppin Gold Project ▪ Shallow drilling has exhibited economic grades of gold ▪ Limited RC drilling down to approximately 20m intersected the main veins and requires immediate drill testing at depth and to the west ▪ High-grade shallow intersections include: ▪ 18m @ 5.64 g/t Au (from 0m) ▪ 14m @
Slide 21: Burracoppin Gold Project
Burracoppin Gold Project ▪ Historical gold production has been recorded From To Site Quantity Grade Produced 1951 1985 South West MF Sundry 8.685Kg Au 1951 1966 South West MF Sundry 1.496 kiloton 7.34g/t Au 10.985Kg Au 1951 1966 Burracoppin 0.03Kg Au 1951 1974 Burracoppin 8.446Kg Au 1930 1936 Benbur
Slide 22: Mt Maguire Gold Project
Mt Maguire Gold Project ▪ Strategic location in the world class Pilbara Goldfields of Western Australia ▪ Increased exploration activity and major exploration success underpins significant investor interest in this “New Gold Province” ▪ Prospective for Gold, Base Metals and Iron Ore 22 22
Slide 23: Mt Maguire Gold Project
Mt Maguire Gold Project ▪ The Mt Maguire project is within the Pilbara Craton in Western Australia. Paraburdoo is located 10Km, Tom Price is situated 65Km north, and Newman is 200Km east ▪ Extensive gold mineralisation intersected in drilling: ▪ FGRAB96: 31m @ 0.84g/t Au from 20m ▪ Including 1m @ 6.
Slide 24: Mt Maguire Gold Project
Mt Maguire Gold Project ▪ Mt Maguire is a potential stratiform syngenetic gold and silver project (accompanied by arsenic, copper, bismuth, antimony, and lead). The Main and the Eastern Prospects are of this style of mineralisation as is the Mount Olympus Mine (not part of the Mt Maguire Project), d
Slide 25: Conclusions
Conclusions ▪ Right Commodities: Copper and Gold ▪ Right Place: stable, safe and mining friendly Western Australia and New South Wales, Australia ▪ Significant historic gold production from the Springdale Gold Project with grades ranging between 8g/t Au and 40g/t Au ▪ The Horry Copper Project offers
Slide 26: Contacts
Contacts For further information, please contact: Mr Gino D’Anna Mr Brendan Cummins Director Technical Director Askari Metals Limited Askari Metals Limited E: gino@askarimetals.com E: brendan.cummins@westoria.com.au M: +61 400 408 878 M: +61 400 799 756 Mr Rod North Managing Director Bourse Communic
Slide 27: Tenement Information
Tenement Information Tenement Interest (%) Project Name Grant Date Period of Grant Status Location Number (s) Post Completion Springdale Cu-Au Project ELA5975 N/A N/A Application NSW 100% Horry Copper Project E80/5313 1 July 2020 5 years Granted WA 100% Callawa Copper Project E45/5842 N/A N/A Applic