Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Investor Presentation (October 2020)
23 slides from Yandal Resources's investor presentation, Oct 12, 2020
Slide 1: Gold Discovery, Resource Growth & Mine Development - Gordons Dam Site Visit
www. yandalresources.com.au ASX Code:YRL GOLD DISCOVERY, Recent exploration drilling and nugget finds - Gordons Gold Project RESOURCE GROWTH & MINE DEVELOPMENT North Eastern Gold Fields, Western Australia GORDONS DAM SITE VISIT 12th – 14th October,2020
Slide 2: Forward Looking and Competent Persons Statement
Forward Looking and Competent Persons Statement FORWARD LOOKING STATEMENT This presentation has been prepared by Yandal Resources Ltd (“YRL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been deriv
Slide 3: YRL is a very active explorer & developer with regular news flow
YRL is a very active explorer & developer with regular news flow New gold discovery at Gordons Dam near Kalgoorlie W.A. – high grade oxide and primary gold mineralisation has been intersected with limited RC drilling 5,500m expansion RC drill program complete – results pending 10,000m extensional AC
Slide 4: Pipeline of priority prospects
Pipeline of priority prospects to substantially grow Resource inventory and developments over the next 12 months to increase value for shareholders Production $$ Resource Development Flushing Meadows Advanced Drilling Gordons Dam Success, Parmelia, Challenger Group, Oblique, Quarter Moon, Test Drill
Slide 5: Board
Board LORRY HUGHES BSc (Geol) MAusIMM MANAGING DIRECTOR KATINA LAW BCom, CPA, MBA, GAICD NON EXECUTIVE CHAIR Mr Hughes is an Economic Geologist with over 25 years’ experience and was recently Executive Director of Intermin Resources Ltd and Managing Director Ms Law has over 25 years’ experience in t
Slide 6: Capital Structure
Capital Structure Total Shares on Issue 80.20M Options @ 25-27c 13.13M Cash (end Sept 2020) $5.60M Jan Oct 2020 2020 Share Price (High $0.36) $0.36 23% 26% Board & Founders Market Cap $29.2M 7% Vendors 29% Northern Star Resources Top 20 Holding ~77% 15% High Net Worth Retail Well funded with a tight
Slide 7: Gold Projects
Gold Projects High quality projects in proven Western Australian Greenstone Belts; Significant unmined gold deposits and drilled mineralisation on major structures that are open & underexplored; Early success at Flushing Meadows and Gordons Dam is emerging – just two of many advanced prospects; Rapi
Slide 8: Gordons Gold Project
Gordons Gold Project <20km by existing roads from two operating processing facilities in Kalgoorlie (Paddington and Kanowna Belle); Oxide and primary targets on geological contacts between mafic, ultramafic and porphyry rocks; Recent high grade RC drill intercepts at Gordons Dam have elevated this p
Slide 9: Gordons Dam Prospect
. Gordons Dam Prospect YRLRC0337 7m @ 3.48g/t Au (38m) incl. -2m @ 10.88g/t Au (39m) -1m @ 15.13g/t Au (39m) Shallow high grade RC drill intercepts to be included in YRLRC00193 8m @ 7.33g/t Au (35m) incl. planned maiden Mineral Resource Estimate include; YRLRC0336 6m @ 1.18g/t Au (38m) incl. -1m @ 4
Slide 10: Gordons Dam Schematic X-section
Gordons Dam Schematic X-section Surficial cover to ~30m depth has hidden the mineralisation; Results from RC drilling to test bedrock over 150m of strike have been highly encouraging; Pervasive and zoned alteration 5m @ 2.44g/t Au (40m) incl.1 -2m @ 5.07g/t Au1 assemblages characteristic of known or
Slide 11: Ironstone Well & Barwidgee
Ironstone Well & Barwidgee 55km strike of contiguous mining tenements over the prospective Yandal Greenstone Belt (472km 2 ); Contains multiple historic gold deposits 40-70km from the Jundee, Bronzewing and Wiluna gold plants; Major gold bearing structures have received virtually no exploration for
Slide 12: Flushing Meadows Prospect
Oblique Flushing Meadows Prospect Occurs along the major regional structure the E53/1963 E53/1882 Barwidgee Shear Zone in deeply weathered terrain; Flushing Extensive gold system with excellent potential to Meadows grow current Mineral Resource Estimate 1 – Update Quarter Resource Pending! Above 0.5
Slide 13: Flushing Meadows Continued
Flushing Meadows Continued The deposit was previously modelled for 1.8km along strike and to an average of 130m depth; > 12,000m of infill and extensional RC drilling for Mineral Resource Estimate update, mine design and approvals completed – Results pending; Recent RC drilling has generated outstan
Slide 14: Flushing Meadows Continued
Flushing Meadows Continued Open pit mine development activities well advanced; Additional Mining and Miscellaneous licences applied for to cover entire MRE and part of proposed haulage route to 3rd party processing facilities; Geotechnical and hydrogeological diamond and RC drilling nearing completi
Slide 15: Barwidgee Shear Zone
Barwidgee Shear Zone The Barwidgee Shear Zone is a mineralised major regional structure; 12km along strike north and south from Flushing Meadows is ineffectively tested in most areas – reconnaissance Air-core drilling at the advanced planning stage; New mineralisation drilled 700m along strike from
Slide 16: Barty and Sims Find Prospects
Barty and Sims Find Prospects Numerous surface gold occurrences defined by auger-soil sampling, extensive recent gold detecting activities1, new and historic drilling; New discovery with first pass AC drilling at Barty Bullseye prospect, RC follow-up planned in the December Quarter; ➢4m @ 0.16g/t fr
Slide 17: Mt McClure Project Overview
Mt McClure Project Overview Deposits located 10-28km from the Bronzewing mill (ASX: NST) and represent an extensive gold system with excellent potential for Resources at depth – mineralisation occurs over >8km strike; >100,000 oz of historic production from three shallow oxide open pits to a maximum
Slide 18: Mt McClure New RC Drilling
Mt McClure New RC Drilling Three new Mining Leases recently granted; Haulage infrastructure remains in place from last mining campaigns in 2011/12; 3,000m of RC drilling planned to commence in the December Quarter to confirm the location of multiple historic intercepts; Goal is to rapidly move towar
Slide 19: Mt McClure Success X-Section
Mt McClure Success X-Section Success was open pit mined between 1993 - 2010 for ~38,000oz to ~80m vertical depth; Historic high grade primary intercepts included; ➢5m @ 16.08g/t Au; and ➢5m @ 11.56g/t Au at the base of the pit; These combined with unmined intercepts at depth indicate potential to de
Slide 20: Mt McClure Success Long Section
Mt McClure Success Long Section Consistent, thick and open orebody with limited drilling beneath 150m – Resource Potential! 1 Refer to YRL’s Replacement Prospectus dated 19 November 2018 and lodged on the ASX 12 December 2018 20
Slide 21: Management Team
Management Team LORRY HUGHES BSc (Geol) MAusIMM BIANCA TAVEIRA ANDREW BALD MANAGING DIRECTOR COMPANY SECRETARY CORPORATE ADVISORY Mr Hughes is an Economic Geologist with over 25 years’ Mrs Taveira is a highly experienced Company Secretary and Mr Bald is the Executive Director of Panthea Capital, a e
Slide 22: Yandal Resources Investment Summary
Yandal Resources Investment Summary YRL has high quality gold projects advancing toward production and discoveries – targeting “Tier 1” gold deposits Strategy 1- to rapidly build JORC Resources and develop mines Strategy 2- define and drill test our best Greenfields targets to make new discoveries Y
Slide 23: Contact Information
Contact Information 159 Stirling Highway Nedlands, WA 6009 PO Box 1104 Nedlands, WA 6909 P: +61 8 9386 4699 F: +61 8 9386 9473 Share Registry Grosvenor Place lorry.hughes@yandalresources.com.au Level 12, 225 George Street www.yandalresources.com.au Sydney, NSW 2000 Panthea Capital Andrew Bald – Prin
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