Miramar Resources Limited · ASX:M2R
Miramar Resources — Shareholder Meeting (November 2022)
26 slides from Miramar Resources's shareholder meeting presentation, Nov 3, 2022
Slide 1: Annual General Meeting Presentation
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” ANNUAL GENERAL MEETING PRESENTATION 3 NOVEMBER 2022 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: Outline
Outline For personal use only ▪ 2021-22 FY Summary • Gidji JV • Glandore • Whaleshark • Other Projects ▪ Plans for 2022-23 FY 3
Slide 4: Another busy year…2021/22 at a glance
Another busy year…2021/22 at a glance For personal use only Project Sept Dec Mar Jun Sept Dec DD Glandore Aircore Gravity DD UAV mags Aircore/RC RC/DD Aircore Gidji JV Aircore UAV mags IP Aircore Ground mags Heritage/flora Geochem Aircore Whaleshark MMI MMI Gravity Randalls Aircore Mags Bangemall Ge
Slide 5: Spending money on the ground
Spending money on the ground For personal use only Quarterly Expenditure $1,400 1184 Since listing: $1,200 • ~75% of cashflow on $1,000 913 active exploration 843 programmes $800 748 • 1,206 aircore holes $000's 684 653 $600 (59,742m) • 28 RC holes (4,277m) $400 327 294 • 8 DD holes (1,782m) $200 •
Slide 6: Eastern Goldfields Projects
Eastern Goldfields Projects For personal use only Strategic land position in world-class gold province ▪ Three underexplored projects close to Kalgoorlie-Boulder ▪ Year-round access ▪ Proximity to multiple gold mining/processing operations 6
Slide 7: Glandore
Glandore For personal use only ▪ Underexplored high-grade gold opportunity – 40km E of Kalgoorlie ▪ Close to various gold mining/processing infrastructure 7
Slide 8: Glandore
Glandore For personal use only ▪ Large gold footprint outlined by historic and recent land/lake aircore drilling ▪ High-grade gold results at mafic/granite contact – “Glandore East” target ▪ Detailed UAV magnetic survey highlights multiple NE-trending mineralised structures crosscutting granite plut
Slide 9: Glandore East
Glandore East For personal use only ▪ Initial 7-hole DD programme (~1000m) ▪ High-grade gold in first two DDH’s • GDDD001 - 0.8m @ 13.9g/t Au • GDDD002 – 0.8m @ 5.91g/t Au ▪ Drilling ongoing – assays pending ▪ Significant strike potential – open at depth 9
Slide 10: Glandore East
Glandore East For personal use only GDDD005 GDDD004 Sulphidised mafic GDDD002 VG in granodiorite 10
Slide 11: Gidji JV
Gidji JV For personal use only “The cheapest house on the best street” Paddington Kanowna Belle ▪ Strategic land package 15km N of Kalgoorlie via major highway GIDJI JV ▪ 15km of major regional structure along Mt Charlotte strike from multiple large gold deposits ▪ Multiple gold processing options n
Slide 12: Gidji JV
Gidji JV For personal use only “Unique camp-scale gold opportunity – on Kalgoorlie's doorstep” ▪ Substantial strike length of mineralised structure – “Boorara Shear Zone” ▪ Underexplored – limited deep drilling ▪ Potential for multiple new gold deposits in different host rocks/structural settings ▪
Slide 13: Gidji JV - Exploration models
Gidji JV - Exploration models For personal use only GIDJI JV (Witt, 2016) ▪ Flexure/bend in major regional structure ▪ D2 shearing and major mineralising event ▪ Competency contrast ▪ mafic/sediment contacts (Witt, 2015) ▪ brittle rocks within softer units ▪ Later cross-cutting D4 faults 13
Slide 14: Gidji JV targets
Gidji JV For personal use only Multiple large new gold targets outlined with minimal deep drilling to date ▪ Marylebone • 2 x >1.6km long gold anomalies with multiple high-grade results up to 13g/t Au ▪ Blackfriars • >1.4km long anomaly at mafic/sediment contact with results up to 11.8g/t Au (EOH) ▪
Slide 15: Gidji JV – Watching our neighbours with interest
Gidji JV – 8 Mile Looking south towards Runway For personal use only Watching our neighbours with interest ▪ Adjacent to 300koz “Runway” deposit • 6m @ 11.73g/t Au • 7m @ 8.51g/t Au • 6.3m @ 7.63g/t Au • 217m @ 2.06g/t Au* • 281m @ 1.30g/t Au* ▪ Limited diamond drilling in 2021 intersected W-dipping
Slide 16: Randalls
Randalls For personal use only ▪ 70km E of Kalgoorlie - adjacent to high- grade gold mines and haul road ▪ Poorly tested folded BIF - high-grade rock chips along strike ▪ Aircore drilling completed - assays pending Steadman et al, 2014 16
Slide 17: Whaleshark Cu-Au Project
Whaleshark Cu-Au Project For personal use only ▪ 40km east of Onslow ▪ Proterozoic BIF and granite under Carnarvon Basin sediments ▪ Proximity to major infrastructure 17
Slide 18: Whaleshark Cu-Au Project
Whaleshark Cu-Au Project For personal use only MMI anomaly granite MMI anomaly ▪ Large Cu-Ag-U-REE MMI soil anomalies on edge of Proterozoic granite ▪ Depth to basement mostly <100m ▪ Aircore assays pending 18
Slide 19: Bangemall
Bangemall For personal use only Strategic land position in emerging mineral province ▪ Regional indicators: ▪ Crustal-scale faults ▪ Prot. dolerite sills ▪ Ni-Cu-PGE stream sed/soil anomalies ▪ Mt Vernon - late-time EM conductors ▪ Blue Bar - diamondiferous lamproite ▪ Dooley Downs - detailed mag/ra
Slide 20: Bangemall - Ni-Cu-PGE potential
Bangemall - Ni-Cu-PGE potential For personal use only Intrusion-related Ni-Cu-PGE potential Geoscience Australia Record 2016/001 Bangemall Lesher, 2019 SW Yilgarn (Julimar etc) 20
Slide 21: Lang Well
Lang Well For personal use only REE +/- gold potential ▪ Multiple large untested auger anomalies • Au and REE (Samarium) ▪ Elevated La and Ce in soil sampling ▪ Multiple potential pegmatites identified from regional radiometric data ▪ Shallow (clay-hosted) REE mineralisation in historic aircore dril
Slide 22: Target pipeline provides substantial upside
Target pipeline provides substantial upside For personal use only Aircore Project Applications Target Generation Bedrock Testing Drilling GLANDORE EAST GLANDORE Island Glandore West MARYLEBONE 8-Mile Lake The Jog GIDJI JV Blackfriars Railway Piccadilly Highway Claypan Boorara North WHALESHARK IOCG t
Slide 23: Aims for 2022-23 FY
Aims for 2022-23 FY For personal use only ▪ Glandore • Glandore East diamond drilling • Lake/land aircore drilling ▪ Gidji JV • RC drilling at Lake, The Jog • Paleochannel study • 8-Mile DD? ▪ Whaleshark • Geophysics over MMI targets • Follow-up aircore/DD drilling ▪ Test REE potential at Lang Well
Slide 24: Summary
Summary For personal use only Multiple high- Large IOCG grade gold targets at results from Whaleshark Glandore Uncovering a REE, Au and Ni- potential new Cu-PGE gold camp at potential at Gidji JV other projects Track record of Substantial Regular news discovery, flow, tight share development value u
Slide 25: Acknowledgements
Acknowledgements For personal use only ▪ Board members ▪ Employees/Contractors/Consultants ▪ Shareholders THANK YOU! 25
Slide 26: For personal use only
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