Miramar Resources Limited · ASX:M2R
Miramar Resources — RIU Explorers Conference February 2023
16 slides from Miramar Resources's conference presentation, Feb 14, 2023
Slide 1: Miramar Resources Ltd – RIU Explorers Conference February 2023
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” RIU EXPLORERS CONFERENCE – FEBRUARY 2023 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: Miramar Resources
Miramar Resources For personal use only Active diversified WA mineral explorer Advancing Multiple Discovery Opportunities • Large shallow IOCG targets at Whaleshark • Potential for a new gold camp at Gidji JV • Multiple high-grade gold results at Glandore • REE potential at Bangemall and Lang Well E
Slide 4: Gascoyne Region Projects
Gascoyne Region Projects For personal use only Strategic land position within underexplored Proterozoic Capricorn Orogen Whaleshark ▪ Large IOCG targets under shallow basin Bangemall Projects ▪ Multi-commodity potential • Base metals (Ni- Cu-PGE, Cu-Pb-Zn) • Recent REE carbonatite discoveries nearby
Slide 5: Whaleshark
Whaleshark For personal use only Potential for a large shallow IOCG discovery ▪ Prot. BIF and granite under Carnarvon Basin ▪ Basement depth ~100m ▪ Large MMI soil anomalies at edge of granite ▪ Geochemical anomalism and alteration comparable to several large IOCG deposits 5
Slide 6: IOCG geochemistry and alteration
IOCG geochemistry and alteration For personal use only Ernest Henry (Lilly and Hannan, 2016) 6
Slide 7: REE signature suggests IOCG source
REE signature suggests IOCG source For personal use only 1. Proterozoic (~1.8 billion years ago) Prominent Hill Cover sediments Monazite grains IOCG carry REE’s M mineralisation (La + Ce) >> (Y + Th) Proterozoic basement (Forbes et al, 2016) 2. Present day Surface Whaleshark Aircore samples Cover se
Slide 8: Whaleshark
Whaleshark For personal use only What we know so far ✓ Shallow basement ✓ Proterozoic granite intrusion ✓ Fe-rich rocks nearby ✓ Strongly anomalous IOCG geochemistry ✓ Sodic and potassic alteration ✓ Gravity anomalies What's next? ▪ Heritage survey ▪ Ground EM ▪ Basement drilling (DD/aircore) 8
Slide 9: Lang Well – REE potential
Lang Well – REE potential For personal use only ▪ Large historic auger anomalies (Au and Samarium) ▪ Elevated La and Ce results in historic aircore drilling ▪ Only 1 aircore sample previously assayed for REE’s • 4m @ 1,500ppm TREO ▪ Recon aircore drilling completed - assays pending 9
Slide 10: Gidji JV
Gidji JV For personal use only “The cheapest house on the best street” ▪ 15km N of Kalgoorlie via major highway ▪ 15km strike of Boorara Shear Zone host to: • Paddington/Panglo • Bardoc deposits • Boorara/Golden Ridge ▪ Limited effective historical drilling due to transported cover and paleochannel
Slide 11: Gidji JV – gold targets
Gidji JV – gold targets For personal use only Potential for multiple supergene and/or primary gold deposits within the Boorara Shear Zone ▪ Shallow gold “Exploration Target” at Marylebone • 1.4 to 3.2Mt @ 1.2 to 1.5g/t Au* ▪ Multiple other large aircore gold anomalies outlined • Blackfriars • Highwa
Slide 12: Gidji – 1Moz bedrock target
Gidji – 1Moz bedrock target For personal use only Same: ✓ Geology ✓ Structural setting ✓ Scale + multiple mineralised contacts Paddington • Discovered in 1982 beneath historic workings • Dilational jog in Boorara Shear Zone crosscut by later N-S faults • Quartz veins in dolerite between Black Flag s
Slide 13: Glandore East
Glandore East For personal use only ▪ Multiple narrow high-grade gold results beneath very large aircore footprint ▪ Similar geology and structure to Majestic and Imperial deposits (~0.5Moz Au) ▪ Magnetics and further drilling planned 13
Slide 14: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code M2R Substantial Shareholders % Shares on Issue 70.7M XGS Pty Ltd (Allan Kelly) 9.9 Listed Options (25c) 28.0M Faraday Nominees Pty Ltd 9.3 Market Cap (@ 8c) $5.7M Top 20 Holders 42.5 Cash/Investments (31 Dec 22) $0.6M Board 10.8 Enterprise Value $5.1
Slide 15: Miramar - Summary
Miramar - Summary For personal use only Multiple high- Large IOCG grade gold targets at results from Whaleshark Glandore Uncovering a REE potential at potential new Bangemall and gold camp at Lang Well Gidji JV Track record of Substantial Regular news discovery, development upside for flow, tight sh
Slide 16: miramarresources.com.au | ASX:M2R
miramarresources.com.au | ASX:M2R
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