Astra Exploration Inc · TSXV:ASTR
Astra Exploration — Investor Presentation (November 2024)
26 slides from Astra Exploration's investor presentation, November 2024
Slide 1: Building a Pipeline of Company-Making Opportunities in Latin America
Building a Pipeline of Company-Making Opportunities in Latin America INVESTOR PRESENTATION November 2024
Slide 2: Cautionary Statement
ABOUT ASTRA EXPLORATION Cautionary Statement This presentation contains forward-looking statements which reflect the expectations of management regarding the business development objectives and plans of Astra Exploration Ltd “Astra” or the “Company”. All statements, other than statements of historic
Slide 3: Portfolio at a Glance
PORTFOLIO AT A GLANCE Astra Exploration is targeting large gold deposits Building a pipeline of company-making opportunities in Pampa Argentina and Chile Antofagasta Paciencia Cerro Bayo ● Manchuria: Bonanza grade gold & silver – Argentina Legend Santiago Buenos Aires Gold-Silver ● Pampa Paciencia:
Slide 4: La Manchuria: Open, Bonanza-Grade Gold Intercepts
LA MANCHURIA La Manchuria Project: Open, Bonanza-Grade Gold Intercepts Astra has recently acquired a new high-grade gold & silver project in Argentina from Patagonia Gold Astra is targeting a >2M oz high-grade deposit All drilling is shallow with open gold-silver intercepts Astra has option to earn
Slide 5: Discover High-Grade Epithermal Feeder Zones
LA MANCHURIA Multiple bonanza-grade intercepts – open La Manchuria Opportunity: to expand at depth and along strike Discover High-Grade Epithermal Feeder Zones Best results include: Eastern Zone 20.5m at 10.4 g/t gold + 810 g/t silver Main Zone 1.60m at 257 g/t gold + 4,237 g/t silver 4.00m at 26.3
Slide 6: Keep Drilling High Grade Deeper
LA MANCHURIA La Manchuria Opportunity: K eep Dr illin g Hig h Gr a de De e p e r Section 5175: 2.33m @ 22.3 g/t gold Rhyolitic tuff hosts high grade gold 600mRL 4.2m @ 8.4 g/t gold veins 6.4m @ 11.6 g/t gold 1.15m @ 118.5 g/t gold Key target is to drill deeper, deepest holes only 160m below surface,
Slide 7: La Manchuria Eastern Zone
LA MANCHURIA La Manchuria Eastern Zone Eastern Zone Main Zone HIGHLIGHTS: Very limited drilling in Eastern Zone Five holes return intercepts greater than 5g/t gold OPEN 3.95m @ 16.0 g/t gold 3.95m intercept at 16.0g/t gold at 53.5m with no follow-up drilling OPEN ASTRA EXPLORATION (TSX.V: ASTR) (OTC
Slide 8: Fully-Funded Drill Program in Q1 2025
LA MANCHURIA La Manchuria Fully-Funded Drill Program in Q1 2025 Proven bonanza grade gold and silver system Open drill intercepts to expand beneath shallow drilling Targeting host rock with potential for wider veins Large 2.5 x 2km district with partially outcropping veins Vein textures and rock geo
Slide 9: Why Gold & Silver in Argentina
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Epithermal Gold & Silver Mining friendly province of Santa Cruz Host to world-class Cerro Negro (Newmont) and Cerro Vanguardia (AngloGold) mines Multiple nearby mining operations Availability of skilled labor Leads Argentina Au & Ag production (57%) 1 Ne
Slide 10: Existing Resource with Growth Opportunity
LA MANCHURIA La Manchuria Opportunity: Existing Resource1 with Growth Opportunity 43-101 published in 2019 for an optimized open-pit shell using USD $1,300/oz & 95% recovery for gold, and USD $18/oz & 60% recovery for silver 1: https://www.sedarplus.ca/csa-party/records/document.html?id=6bc2df299100
Slide 11: Why Gold in Chile
ASTRA EXPLORATION N WHY GOLD IN CHILE Pampa Paciencia Paleocene Belt of Spence Northern Chile Faride Sierra Gorda Lomas Bayas Legend Antofagasta Chile: A Tier 1 Mining Jurisdiction San Paleocene Cristóbal epithermal ● World’s largest copper producer Paleocene porphyry Cu ● 2022 gold production ~ 1 M
Slide 12: Pampa Paciencia District
ASTRA ASTRA EXPLORATION EXPLORATION Pampa Paciencia ASTRA EXPLORATION N PAMPA PACIENCIA Dominador ASTRA EXPLORATION Dominador Pampa Paciencia District- Epithermal Gold-Silver Spence2 10.8Mt Copper 277Mt Spence and Molybdenum Porphyry Copper ASTRA EXPLORATION EXPLORATION ASTRA Impaciencia Impaciencia
Slide 13: Pampa Paciencia: Epithermal Discovery
PAMPA PACIENCIA Epithermal Discovery Exploration Results Prospective area greatly expanded beyond previously known mineralization 8.5 km strike length of vein fields as indicated by large (+25 cm) mineralized float samples Early evidence of a large concealed low-sulphidation epithermal (LSE) system
Slide 14: Pampa Paciencia: Epithermal Discovery
PAMPA PACIENCIA Epithermal 3 shoots of gold mineralization discovered Discovery Wide mineralized intervals (typically 10-30m) Exploration Results Deepest shoot is open in all directions Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and $22.50/oz Ag. Reported grade
Slide 15: Epithermal Discovery: Similar to Faride Mine
PAMPA PACIENCIA Epithermal Mineralization and geology similar to Faride Mine Discovery Paciencia veins are ~4x thicker than average at Faride Exploration Results Deepest known hole at Faride is ~200m below surface Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and
Slide 16: Epithermal Discovery: Impaciencia Oeste
PAMPA PACIENCIA Epithermal Discovery Impaciencia Oeste (Mineralized Subcrop) Surface sample grades up to 3.9 g/t Au + 112 g/t Ag. Veins in rhyolite host rocks are a favorable indicator in Paleocene LSE deposits. 2,000 metres of vein to be confirmed and defined with trenching in Q1 - Q2 2023. Three N
Slide 17: Comparisons with the El Peñón Mine
PAMPA PACIENCIA Comparisons with The El Peñón mine Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. El Peñón Discovery* NOV 1992 Both occur within the well-defined Discovery float sa
Slide 18: El Peñón Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. COMPARISON El Peñón veins can be very Pampa Paciencia thin and subtle at surfac
Slide 19: El Peñón Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Source: Yamana Gold 2018 Tech Report Source: Yamana Gold 2017 Site Visit Presentation Surface expressions Ongoing, drill focused, Veins can be obscured by of veins is poor exploration continues to young pampa cover (eg discover additional veins M
Slide 20: Dominador Copper Target
PAMPA PACIENCIA Hydrothermal tourmaline breccia w/ porphyry clasts at surface Dominador Geological and mineralization similarities to Sierra Gorda Copper Target ~2km x 1km corridor = room for large deposit Dominador Sierra Gorda ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 20
Slide 21: Dominador Copper Target
PAMPA PACIENCIA Previous work includes ground mag, IP, trenching & drilling Dominador IP performed after 8 shallow drill holes by Teck Copper Target Best target remains to the east and at depth ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 21
Slide 22: Cerro Bayo: HSE-Porphyry Gold Project in Elephant Country
DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Project in “Elephant Country” Situated among several noteworthy deposits in a world-class trend Large underexplored 8x6 km property in the Maricunga – 100% owned by Astra Limited drilling in 1990 (8 holes, 1660m) into a very discrete zone ‘Salaras
Slide 23: Capital Structure
ABOUT ASTRA EXPLORATION Share Structure: Capital Issued & Outstanding 84.2M Structure Warrants 9.1M @ $0.15 March 2025 1.5M @ $0.18 April 2026 27.3 M 16.7M @ $0.10 Nov 2025 Options 1.8M: 5yr @ $0.35 1.8 M Strategic Investors: • Michel Gentile, CFA (Bastion Asset Management) Fully-Diluted 113.3 M • P
Slide 24: Astra Exploration Directors & Advisors
ABOUT ASTRA EXPLORATION Astra Exploration Directors & Advisors DR STUART DARCY DAVID CHARLES SMITH MARUD CAULFIELD FUNK Technical Advisor Director Director Director With over 30 years in exploration, Led exploration teams involved in Over 35 years of experience in Charles has over 13 years of Stuart
Slide 25: Astra Exploration Management
ABOUT ASTRA EXPLORATION Astra Exploration Management BRIAN DIEGO MAHESH ROBERTO ALARCON MILLER GUIDO LIYANAGE BITTNER CEO & Director Exploration Director CFO VP & Country Manager, Chile Brian began working in Diego is a globally-recognized Mahesh is a Chartered Professional Mr. Alarcon has over 30 y
Slide 26: Contact
+1-604-428-0939 info@astra-exploration.com Astra-Exploration.com 595 Burrard Street, Suite 1723 Vancouver, British Columbia V7X 1J1
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