Miramar Resources Limited · ASX:M2R
Miramar Resources — Investor Presentation (August 2024)
27 slides from Miramar Resources's investor presentation, Aug 1, 2024
Slide 1: Gold and Critical Minerals Exploration Company Update
For personal use only Gold and Critical Minerals Exploration Company Update August 2024
Slide 2: Disclaimer/Competent Person Statement
Disclaimer/Competent Person Statement Forward-Looking Statements For personal use only 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 Limited
Miramar Resources Limited Aiming to create shareholder value through For personal use only discovery Bangemall ▪ Exploring for giant Ni-Cu-Co-PGE deposits in an emerging mineral province - maiden drilling campaign Sept Qtr Gidji JV ▪ Potential new gold camp 15km north of Kalgoorlie Whaleshark ▪ Mult
Slide 4: Exploration Strategy
Exploration Strategy For personal use only ▪ Acquire underexplored projects in world-class mineral provinces ▪ Systematic exploration using best practise ▪ Maximise exploration spend (>70% of cash spent YOU ARE HERE on exploration since listing) ▪ Leverage off existing mining /processing infrastruct
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only Allan Kelly ASX Code M2R Executive Chairman • 30 years’ exploration-development-production experience Shares on issue 394.8M • Founding MD, Doray Minerals Ltd (2009-2016) • AMEC “Prospector” Award – 2014 Market Capitalisation $3.2M Marion Bush Cash $1.7M Tech
Slide 6: Strategic landholding in the Capricorn Orogen
Strategic landholding in the Capricorn Orogen For personal use only Bangemall ▪ Exploring for giant Norilsk- style Ni-Cu-Co-PGE deposits Whaleshark ▪ Multi-commodity project (Cu-Au-Fe) beneath Carnarvon Basin Chain Pool ▪ Historic high-grade Cu- Pb-Zn-Ag occurrence ▪ U/REE potential in Durlacher Sup
Slide 7: Bangemall Projects
For personal use only Bangemall Projects Targeting giant Ni-Cu-Co-PGE deposits in a new mineral province 7
Slide 8: Bangemall Projects
Bangemall Projects Miramar is exploring for giant Ni-Cu-Co-PGE For personal use only deposits in WA’s underexplored Proterozoic Capricorn Orogen Proterozoic orogens host large mafic intrusion-related Ni-Cu-Co-PGE deposits ▪ Nova-Bollinger ▪ Nebo-Babel ▪ Raglan ▪ Thompson ▪ Voisey Bay ▪ Jinchuan 8
Slide 9: Mafic intrusion-hosted Ni-Cu-Co-PGE deposits
Mafic intrusion-hosted Ni-Cu-Co-PGE deposits Amongst the world’s largest and most For personal use only valuable mineral deposits ✓ Large ▪ 100’s Mt to >1Bt of ore ▪ 100’skt to >1Mt of contained Nickel ✓ Valuable ▪ High-grade/tenor ✓ Low-cost/high-margin ▪ High tonnes/vertical metre ▪ By-product cre
Slide 10: Bangemall Ni-Cu-Co-PGE Projects
Bangemall Ni-Cu-Co-PGE Projects Key ingredients for Norilsk- For personal use only style Ni-Cu-Co-PGE’s ✓ 1070Ma Kulkatharra Dolerite sills - same age as Nebo-Babel Ni-Cu deposits ✓ Major deep crustal-scale faults - plumbing systems ✓ Sulphidic/evaporite sediments – Sulphur source ✓ Regional-scale g
Slide 11: Bangemall Ni-Cu-Co-PGE deposit model
Bangemall Ni-Cu-Co-PGE deposit model For personal use only Capricorn Orogen Seismic Line CP2 Barnes et al, 2015 11
Slide 12: Maiden drill campaign to test multiple targets
Maiden drill campaign to test multiple targets For personal use only 2020 Tenement Applications 2021/22 Airborne EM surveys 2023 Mapping/sampling H1 2024 Ground EM surveys H2 2024 Maiden drilling campaign 12
Slide 13: Gidji JV
For personal use only Gidji JV Potential new gold camp
Slide 14: Eastern Goldfields Projects
Eastern Goldfields Projects For personal use only 636km2 land position in world-class gold province Underexplored camp-scale gold projects • Gidji JV (80%) • Glandore • Randalls Proximity to multiple gold mining and processing operations 14
Slide 15: Gidji JV (80%)
Gidji JV (80%) PADDINGTON “The cheapest house in the best street” For personal use only KANOWNA BELLE ▪ 15km N of Kalgoorlie via major highway GIDJI JV ▪ Surrounded by multiple major gold deposits and gold processing plants 8 Mile Dam (313koz Au) ▪ Immediately adjacent to “8 Mile Dam” deposit Key in
Slide 16: Gidji JV (80%)
Gidji JV (80%) 15km strike of major mineralised structure – For personal use only “Boorara Shear Zone” Multiple aircore gold discoveries under the Gidji Paleochannel ▪ Marylebone ▪ Blackfriars ▪ Highway-Piccadilly trend Key bedrock targets identified for testing ▪ 8-Mile ▪ Blackfriars ▪ Marylebone ▪
Slide 17: 8 Mile
8 Mile ▪ Potential extension to Northern Star’s 313koz “8 For personal use only Mile Dam” gold deposit ▪ IP anomalies and aircore results - offset by faulting ▪ RC/Diamond drilling planned SE NW NST M2R IP Anomaly 8 Mile Dam 313koz @ 1.4g.t Au IP Anomaly 17
Slide 18: Blackfriars
Blackfriars “Paddington lookalike” For personal use only ▪ Dolerite at Black Flag/mafic contact ▪ 1km long aircore anomaly >1g/t Au • GJAC627– 1m @ 11.8g/t Au, 6g/t Ag (EOH) • GJAC674 – 3m @ 1.07g/t Au ▪ Further drilling planned GJAC627 1m @ 11.8g/t Au, 6g/t Ag (EOH) GJRC028 120-121m 18
Slide 19: Marylebone
Marylebone Large gold footprint beneath paleochannel For personal use only ▪ Multiple high-grade aircore gold results ▪ JORC “Exploration Target”* outlined from shallow aircore drilling • 1.4 – 3.2Mt @ 1.2 – 1.5g/t Au • (55 – 155koz contained Au) ▪ Limited bedrock drilling to date – further drilling
Slide 20: The Jog
The Jog For personal use only ▪ Dilational jog in Boorara Shear Zone ▪ Strong gravity anomaly = mafic intrusion? ▪ Magnetite destruction = hydrothermal alteration? ▪ Soil Au anomaly ▪ Diamond drilling planned 20
Slide 21: Whaleshark
For personal use only Whaleshark Unique multi-commodity project Fe
Slide 22: Whaleshark – multi commodity project
Fe Whaleshark – multi commodity project BIF and granitoid beneath For personal use only shallow basin cover ▪ Anomalous Au in aircore and intersected in folded BIF ▪ Copper sulphides intersected in 2023 diamond drilling ▪ Multiple shallow structural/geochemical targets ▪ Large magnetite targets Infr
Slide 23: Whaleshark Magnetite Exploration Target
Fe Whaleshark Magnetite Exploration Target* For personal use only Tonnage Range Grade Range (Mt) (Fe %) Domain Lower Upper Lower Upper Whaleshark 128 384 25 30 Blackfish North 158 1,050 Blackfish South 126 919 TOTAL (Mt) 411 2,353 25 30 Cautionary Statement: The Exploration Target has been prepared
Slide 24: New Gascoyne Project – Chain Pool
New Gascoyne Project – “Chain Pool” For personal use only 24
Slide 25: 2024 Work Programme
2024 Work Programme For personal use only Mar Jun Sep Dec Bangemall Ground EM surveys ✓ EIS co-funded maiden RC drill programme ✓ Progress other tenements to grant ongoing Gidji JV/Eastern Goldfields Blackfriars RC drilling ✓ IP survey over 8-Mile ✓ Bedrock drilling (Blackfriars and 8-Mile) ✓ Progre
Slide 26: Why Invest in Miramar?
Why Invest in Miramar? For personal use only Multi- Potential new commodity gold camp at potential at Gidji JV Whaleshark Board track Exploring for record giant Ni-Cu-Co- Tight share PGE deposits at register Bangemall Substantial Low EV value upside 26
Slide 27: For personal use only
For personal use only T:+ 61 8 6166 6302 | E: info@miramarresources.com.au
Miramar Resources — Investor Presentation (August 2024) on 6ix