Yandal Resources Ltd. · ASX:YRL
Yandal Resources — AMEC Investor Briefing 2024
25 slides from Yandal Resources's conference presentation, Feb 6, 2024
Slide 1: Primed for Discovery in the Yandal Belt
https://investorhub.yandalresources.com.au/link/LPZoBy For personal use only Primed for Discovery in the Yandal Belt AMEC Investor Briefing | Feb 2024 ASX:YRL yandalresources.com.au https://investorhub.yandalresources.com.au/link/2P2wYy 1
Slide 2: Important Information Disclaimers
IMPORTANT INFORMATION DISCLAIMERS FORWARD LOOKING STATEMENT COMPETENT PERSONS STATEMENT This presentation has been prepared by Yandal Resources Ltd (“Yandal” or “YRL”). The information contained in this presentation is a The information in this document that relates to Exploration Targets, Explorati
Slide 3: Why Yandal?
SIGNIFICANT DISCOVERY POTENTIAL WHY YANDAL? Great Projects • Strategically located in highly endowed For personal use only belts • Under-explored and ripe for discovery Great Supporters • Long-term investors that understand exploration and support the strategy • Well funded for success Great Team •
Slide 4: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE* SHAREHOLDERS* A STRONGLY SUPPORTIVE SHARE REGISTER 265.9M 76.1M Board, Management, Founders Shares On Issue Options/Perf Rights For personal use only Gold Road Other ~$7.7M $0.11 Cash Share Price (5/2/2024) ~$29.2M ~$21.5M Market Cap Enterprise Value Au Xingao ~
Slide 5: Board & Management
BOARD & MANAGEMENT SUCCESSFUL BOARD & MANAGEMENT TEAM EXPLORATION & DEVELOPMENT | PROJECT FINANCE | STRATEGY | GOVERNANCE Tim Kennedy Greg Evans Katina Law For personal use only Managing Director & CEO Non-Executive Chairman Non-Executive Director BApp Sc (Geol), MBA, MAusIMM, MGSA BCom, DipApp Fin,
Slide 6: Strategically Located Projects
SIGNIFICANT DISCOVERY POTENTIAL STRATEGICALLY LOCATED PROJECTS Flagship Project Ironstone Well – Barwidgee: Flagship Project • Tenements cover > 53km of strike between Jundee and Bronzewing For personal use only Mt McClure • >12km long gold system on granted mining leases located 15km south-west of
Slide 7: Ironstone Well – Barwidgee
SIGNIFICANT DISCOVERY POTENTIAL IRONSTONE WELL – BARWIDGEE Located in the Yandal Belt - A true Tier 1 gold belt • +20Moz endowment and growing For personal use only • Numerous deposits ranging from +1Moz to +10Moz Strong potential for further discoveries • Relatively short exploration history (ca. 3
Slide 8: All the Ingredients for a Discovery
IRONSTONE WELL & BARWIDGEE ALL THE INGREDIENTS FOR A DISCOVERY > 50m – Moderately Effective > 100m – Mostly Effective Major land position - 53km of strike (370km2) For personal use only Excellent geological setting • Fertile regional and second order structures • Prospective stratigraphy Underexplor
Slide 9: A Scientific Approach Needed
IRONSTONE WELL & BARWIDGEE A SCIENTIFIC APPROACH NEEDED Minerals system approach • Underlying geological process and empirical data • Involve independent consultants with a track-record of For personal use only discovery to help develop targets Rank targets with a focus on • Potential for large-scal
Slide 10: Targeting a Gold Camp
IRONSTONE WELL & BARWIDGEE TARGETING A GOLD CAMP Ironstone Well Gold Camp Exploration Target* • 7.9 to 23.0Mt, grading between 1.3 to 1.6 g/t Au, for 0.32Moz to 1.17Moz For personal use only Exploration Target does not include the current Inferred Resource at Flushing Meadows of 268,000oz @ 1.1g/t A
Slide 11: Oblique
OBLIQUE For personal use only • > 1.9km long system along the Barwidgee Shear • Extensive regolith anomalism • Magnetic feature beneath weathering profile • Open down-dip and along-strike and in parallel lode positions • Coincident with regolith anomalism • Complex drilling conditions affected histo
Slide 12: Oblique Composite Long Section
IRONSTONE WELL & BARWIDGEE OBLIQUE COMPOSITE LONG SECTION For personal use only ASX: YRL | YANDALRESOURCES. COM. AU 12
Slide 13: Quarter Moon
IRONSTONE WELL & BARWIDGEE QUARTER MOON > 1.5km long system Intercepts include: For personal use only • 3m @ 11.0g/t Au from 80m (CYPFRC6) • 8m @ 2.7g/t Au from 141m (GCMQTMC6) • 12m @ 2.0g/t Au from 5m (YRLRC479) Open down-dip and along-strike Dolerite-hosted mineralisation (quartz-magnetite granop
Slide 14: New England Granite
IRONSTONE WELL & BARWIDGEE NEW ENGLAND GRANITE New England Granite (NEG) • 4.4 x 2km buried granitic intrusion For personal use only • Mineralisation along the eastern margin • Historic regolith anomalies and intercepts • Common setting for gold deposits (e.g. King of the Hills, Ramone, Montague) Ne
Slide 15: New England Granite
IRONSTONE WELL & BARWIDGEE NEW ENGLAND GRANITE Small RC program completed in September 2023 For personal use only Tested interpreted northwest striking structures associated with strong regolith anomalies • Highlighted two possible geometries • Confirmed a clear alteration associated with anomalism
Slide 16: Next Steps
IRONSTONE WELL & BARWIDGEE NEXT STEPS Oblique • RC (March – April 2024) For personal use only • Diamond drilling (April 2024) • Confirm internal continuity, lode geometry, structural controls • Test strike and depth extensions Quarter Moon • RC (April 2024) • Confirm internal continuity and lode geo
Slide 17: Mt McClure: Resource Growth and New Discovery
MT MCCLURE RESOURCE GROWTH AND NEW DISCOVERY >12km long gold system on granted mining leases Located adjacent to Northern Star’s (ASX: NST) Orelia mining operation (1.1Moz) and 15km For personal use only from the 1.8 Mtpa Bronzewing processing plant (care and maintenance) Historical mining from shal
Slide 18: Gordons
GORDONS TIER 1 LOCATION Strategic Ground Position • Tenements cover ~56km 2 For personal use only • 30km from Kalgoorlie • Within haulage distance to multiple gold processing plants • Low threshold for development • Consolidation has started (e.g. NST acquisition of HRZ exploration tenements*) Compe
Slide 19: Next Steps: Very Active Work Program
NEXT STEPS VERY ACTIVE WORK PROGRAM Projects Q1 - CY2024 Q2 - CY2024 Q3 - CY2024 “Wet” season Assess results and plan For personal use only next phase of drilling Ironstone Well RC Drill test Oblique +/- RC/DDH Drill test Oblique, Quarter Follow-up RC Drill test Oblique, Quarter Moon, /Barwidgee Qua
Slide 20: Key Investment Highlights
YANDAL RESOURCES HIGHLIGHTS KEY INVESTMENT HIGHLIGHTS Strategically Located Projects (close to mills & haul roads) For personal use only Real Potential For Significant Discoveries Initial Exploration Target At Ironstone Well-Barwidgee of 0.44Moz to 1.78Moz Au* Current Resource Inventory of 0.47Moz A
Slide 21: For further info
For personal use only For further info Contact Tim Kennedy +61 (0)8 9389 9021 yandal@yandalresources.com.au Or come chat at the YRL Booth Lvl 1, Suite 5, 62 Ord St West Perth, WA, 6005 ASX:YRL yandalresources.com.au 21
Slide 22: Relevant Previous ASX Announcements
YANDAL RESOURCES LIMITED Relevant Previous ASX Announcements Further details relating to the information provided in this Presentation can be found in the following Yandal Resources Limited ASX announcements: • $2.5m Share Placement to Accelerate Exploration (02/02/2024) • Exploration Update (01/07/
Slide 23: Mineral Resource Summary
YANDAL RESOURCES LIMITED MINERAL RESOURCE SUMMARY For personal use only Due to the effects of rounding, totals may not represent the sum of the individual components. 1- Reported above 0.5g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 4 November 2020 for full detail
Slide 24: Appendix 1: Exploration Target
IRONSTONE WELL & BARWIDGEE Appendix 1: Exploration Target The potential quantity and grade of the exploration target is conceptual in nature and, The lower range target grade was derived from the average grade of intercepts, including therefore, is an approximation. There has been insufficient explo
Slide 25: Appendix 1: Exploration Target (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 1: Exploration Target (Continued) The lower range target grade was derived from the average grade of intercepts, including New England Granite RAB/AC, which increased by 20%, based on the assumption that the grade improved The Exploration Target for the New Englan