Yandal Resources Ltd. · ASX:YRL
Yandal Resources — South-West Connect 2024
24 slides from Yandal Resources's conference presentation, Oct 16, 2024
Slide 1: Discovery & Resource Growth in WA's Tier-1 Gold Belts
Discovery & Resource Growth in WA’s Tier-1 Gold Belts South-West Connect | 16th October 2024 ASX:YRL yandalresources.com.au Visit our InvestorHub at: https://investorhub.yandalresources.com.au
Slide 2: 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 Results, geology a
Slide 3: Business Model
YANDAL RESOURCES BUSINESS MODEL Objective Increase shareholder value through the discovery of substantial gold Resources in areas with a low threshold to development and/or clear monetisation pathways Strategy Reduce geological risk by focusing on belts that have demonstrated Tier-1 gold discove
Slide 4: Key Investment Highlights
YANDAL RESOURCES HIGHLIGHTS KEY INVESTMENT HIGHLIGHTS Three Strategically Located Projects in Tier-1 Belts in WA Current Resource Inventory of 0.47Moz Au (granted ML’s) Demonstrated Potential For Significant Discoveries Focused, Funded, Technically Driven and Determined Highly Leveraged to Explorati
Slide 5: Corporate Overview: A Strongly Supportive Share Register
CORPORATE OVERVIEW A STRONGLY SUPPORTIVE SHARE REGISTER CAPITAL STRUCTURE SHAREHOLDERS 267.8M Board, Management, Founders Shares On Issue Gold Road 76.5M $5.8M Options Cash Other (30/6/2024) 10.0c ~$26.7M Share Price Market Cap (15/10/2024) Au Xingao ~$20.9M ~83% Enterprise Value Top 20 Holding Alia
Slide 6: Effective Board & Management Team
BOARD & MANAGEMENT EFFECTIVE BOARD & MANAGEMENT TEAM EXPLORATION & DEVELOPMENT | PROJECT FINANCE | STRATEGY | GOVERNANCE Chris Oorschot Greg Evans Katina Law Managing Director & CEO Non-Executive Chair Non-Executive Director BSc (Hons 1st Class), MAIG, MSEG BCom, DipApp Fin, GAICD BCom, FCPA, MBA, G
Slide 7: Strategically Located Projects
SIGNIFICANT DISCOVERY POTENTIAL STRATEGICALLY LOCATED PROJECTS Ironstone Well – Barwidgee: Flagship Project • Tenements cover > 53km of strike between Jundee (ASX: NST)and Bronzewing (ASX: NST) Mt McClure • >12km long gold system located 15km south-west of Bronzewing mill and adjacent to the Orelia
Slide 8: Ironstone Well – Barwidgee
Flagship Project IRONSTONE WELL – BARWIDGEE Located in the Yandal Belt - A true Tier 1 gold belt • +20Moz endowment and growing • Numerous deposits ranging from +1Moz to +10Moz Strong potential for further discoveries • Relatively short exploration history (ca. 30 years vs. +100 years in other belts
Slide 9: All the Ingredients for a Discovery
IRONSTONE WELL & BARWIDGEE ALL THE INGREDIENTS FOR A DISCOVERY Excellent geological setting • Fertile regional and second-order structures • Prospective stratigraphy • Spatial distribution of major deposits Underexplored • Complex regolith • Common transported cover • Deep weathering and geochemical
Slide 10: 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 discovery to help develop targets Rank targets with a focus on • Potential for large-scale discovery that will
Slide 11: Caladan
IRONSTONE WELL & BARWIDGEE Giedi Prime Target; Flexurein interpreted structure/contact Corrino Target; Flexure proximal to Flushing Meadows CALADAN on the interpreted contact Deposit with late structures between gravity Domains associated with the deposit A and B projecting into the position Scale C
Slide 12: Caladan
IRONSTONE WELL & BARWIDGEE CALADAN Greenfield Search Space • Covered by 2-20m of transported cover Limited Previous Drilling • Only drilling completed in 1995, 400m by 400m • Shallow, average depth of 22m • Coherent, 3km long, Low-level regolith anomaly • Never followed up The first phase of AC dril
Slide 13: Irulan
IRONSTONE WELL & BARWIDGEE Giedi Prime Target; Flexurein interpreted structure/contact Corrino Target; Flexure proximal to Flushing Meadows on the interpreted contact IRULAN Deposit with late structures between gravity Domains associated with the deposit A and B projecting into the position Excellen
Slide 14: Irulan
IRONSTONE WELL & BARWIDGEE IRULAN Dolerites are a regionally significant host rock • Rosewall Prospect evidence that the Irulan dolerite complex can host mineralisation • 9m @ 4.6g/t Au from 12m in GCMBDYC43 (historic drilling) Including 5m @ 7.6g/t Au from 13m • 10m @ 2.4 g/t Au from the surface in
Slide 15: New England Granite
IRONSTONE WELL & BARWIDGEE NEW ENGLAND GRANITE Northwest structures interpreted from aerial magnetics Scale • 4.4 x 2km granitic intrusion under 6-20m of cover Surface Projection of shear zone observed in • Regolith Au anomaly along the eastern margin 24YRLEIS0002 • based on broad-spaced RAB and air
Slide 16: New England Granite
Wes t Ea s t IRONSTONE WELL & BARWIDGEE NEW ENGLAND GRANITE Transported Cover BOT BOCO 2023 RC test • Confirmed a clear alteration associated with anomalism and mineralisation Co-sponsored diamond drilling in July 2024 A broad zone of anomalous Au including: • 2.9m @ 0.5g/t Au from 286.2m • Confirme
Slide 17: Targeting a Gold Camp
IRONSTONE WELL & BARWIDGEE TARGETING A GOLD CAMP Oblique Exploration Target 90 – 140koz @ 1.0-1.3g/t Au Ironstone Well Gold Camp Exploration Target* • 7.0 to 16.0Mt, grading between 1.1 to 1.4 g/t Au, for 280Koz to 880Koz • Exploration Target does not include the current Inferred Resource at Flushin
Slide 18: Next Steps
IRONSTONE WELL & BARWIDGEE NEXT STEPS New England Granite • RC follow-up complete - All results expected in 3-5 weeks Caladan • AC drilling commenced last week • Additional heritage surveys to be completed ASAP Irulan • AC drilling to commence after Caladan AC is completed Quarter Moon • Targeting u
Slide 19: Key Investment Highlights
YANDAL RESOURCES HIGHLIGHTS KEY INVESTMENT HIGHLIGHTS Three Strategically Located Projects in Tier-1 Belts in WA Current Resource Inventory of 0.47Moz Au (granted ML’s) Real Potential For Significant New Discoveries Focused, Funded, Technically Driven and Determined Highly Leveraged For Exploration
Slide 20: For further info
For further info Contact Chris Oorschot +61 (0)8 9389 9021 yandal@yandalresources.com.au Lvl 1, Suite 5, 62 Ord St West Perth, WA, 6005 ASX:YRL yandalresources.com.au
Slide 21: 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: • Air-core Drilling Commences Across Caladan & Irulan (10/10/2024) • $2.5m Share Placement
Slide 22: Mineral Resource Summary
YANDAL RESOURCES LIMITED MINERAL RESOURCE SUMMARY 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 details. 2- Reported above 1
Slide 23: 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, average width of significant intercepts >0.5 g/t Au was used for the upper target. Mineralisation therefore, is an approximation. There has been insuffici
Slide 24: Appendix 1: Exploration Target (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 1: Exploration Target (Continued) The mineralisation strike was derived from the extent of >1.0 g/t intercepts across the prospect. The above exploration target for Flushing Meadows does not include the Current Mineral The average width of significant intercepts (