Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Investor Presentation (January 2019)
24 slides from Yandal Resources's investor presentation, Jan 15, 2019
Slide 1: Investor Presentation
INVESTOR PRESENTATION For personal use only Lorry Hughes Managing Director & CEO Listed on 14th December 2018 15th January 2019 Work programs under way Multiple gold deposits defined by historic drilling Close to operating gold mines Potential for “Tier 1” >1Moz deposits Well funded St
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: The Projects
The Projects Four high quality gold projects in proven For personal use only WA greenstone belts; Projects host significant gold mineralisation on major structures which warrant further drilling; Substantial gold deposits have been defined via historic drilling at all Yandal Belt projects; W
Slide 4: Capital Structure
Capital Structure Overview Number $ For personal use only Total Shares on Issue 53.31M Options @ 25c 6.50M Last major Cash (Est, end Jan.) 4.45M exploration Share Price 0.23 programs on all YRL projects! Market Cap. 12.26M Top 20 Holding 80% % Total Shares Board & Founders Vendors Northern Star Reso
Slide 5: Board and Management
Board and Management LORRY HUGHES BSc (Geol) MAusIMM KATINA LAW BCom, CPA, MBA, GAICD KELLY ROSS BBus, CPA, AGIA MANAGING DIRECTOR NON EXECUTIVE CHAIR NON EXECUTIVE DIRECTOR For personal use only Mr Hughes is an Economic Geologist with over Ms Law has over 25 years’ experience in the Ms Ross is a Ch
Slide 6: Regional Vision
Regional Vision Discover “Tier 1” gold deposits in proven For personal use only jurisdictions; Target major structures along strike or adjacent to known gold deposits; Re-interpret historic geological database and explore with modern exploration techniques; Rapid commercialisation of gold de
Slide 7: Project Summary – Four Key Projects
Project Summary – Four Key Projects Ironstone Well and Barwidgee Gold Projects 100% – Western Australia (472km2) 55km strike of contiguous mining tenements over the prospective Yandal Greenstone Belt; For personal use only 35-85km south of the giant Jundee gold mine owned by Northern Star Resour
Slide 8: Project Summary – Key Projects (cont.)
Project Summary – 4 Key Projects (cont.) Mt McClure Gold Project 100% – Western Australia (54km2) Situated only 10-28km from the Bronzewing mill owned by Echo Resources Ltd (ASX: EAR); For personal use only Hosts substantial gold mineralisation within large structures which have had limited dril
Slide 9: Ironstone Well & Barwidgee Projects – New Discovery Targets
Ironstone Well & Barwidgee Projects – New Discovery Targets Potential for significant new discoveries For personal use only Numerous targets on major structures along strike from known gold deposits which are under-explored; Flinders Park +700m long anomalous gold in RAB/AC intercepts, deeply we
Slide 10: Flinders Park Project – Potential New Discovery
Flinders Park Project – Potential New Discovery1 Cross Section A - A Mineralisation interpreted with a steep westerly For personal use only 8m @ 0.69g/t Au dip returned from 17m immediate success; 15m @ 2.03g/t Initial focus area for new Au from 77m aircore drilling 8m @ 4.39g/t Au from 64m incl
Slide 11: Ironstone Well & Barwidgee Projects – Historic Drilling
Ironstone Well & Barwidgee Projects – Historic Drilling1 Extensive areas tested using ineffective reconnaissance techniques as complex regolith profile not recognised; For personal use only Numerous exploration holes were too shallow and assayed at ppm level only. Numerous historic drilling camp
Slide 12: Ironstone Well Project - Flushing Meadows Prospect
Ironstone Well Project - Flushing Meadows Prospect The Flushing Meadows, Oblique and Quarter Moon prospects all contain historically drilled oxide gold mineralisation, have had limited drilling at depth and sparse attention over the past 25 years; For personal use only These are large and highly
Slide 13: Flushing Meadows Prospect – Intercepts and Cross Sections
Flushing Meadows Prospect – Intercepts and Cross Sections For personal use only Cross Section A A’ A B’ B Shallow oxide gold in shears/quartz and sulphide lodes within felsic dominated volcanogenic sediments, intercalated with basalts and banded iron formations; Historic Resource was wireframe-m
Slide 14: Flushing Meadows Prospect – Intercepts and Cross Sections
Flushing Meadows Prospect – Intercepts and Cross Sections For personal use only Cross Section B A’ A B’ B Recent downhole intercepts completed by Yandal Resources include1; 5m @ 9.38g/t Au from 16m, 1m @ 39.15g/t Au from 17m, 1m @ 29.40g/t Au from 50m, 9m @ 1.49g/t Au from 0m, 3m @ 30.7 g/t Au fro
Slide 15: Flushing Meadows Prospect – path forward in 2018/2019
Flushing Meadows Prospect – path forward in 2018/2019 Historic Resource drilled at 12.5 – 25m along strike and 10 - 20m down dip with limited drilling at depth1; For personal use only Opportunity to extend high grade HW lode which is modelled for only 100m along strike, numerous recon style inte
Slide 16: Mt McClure – Project Overview
Mt McClure – Project Overview The Success – Parmelia - Challenger trend1 Extensive gold system with excellent potential for Resources at For personal use only depth; Gold within schistose tuffaceous metasediments; >10km strike length of semi-continuous mineralisation; >100,000 oz of historic
Slide 17: Mt McClure – Success Prospect
Mt McClure – Success Prospect For personal use only Cross Section location see next slide >600m strike length and 10m true width; a substantial deposit open at depth 16
Slide 18: Mt McClure – Success Prospect: mineralisation cross section
Mt McClure – Success Prospect: mineralisation cross section Success was open pit mined between 1993 - 2010 for ~38,000oz to ~80m vertical depth; For personal use only Historic high grade primary intercepts including; 5m @ 16.08g/t; and 5m @ 11.56g/t at the base of the pit; These combined w
Slide 19: Mt McClure – Success Prospect: long section
Mt McClure – Success Prospect: long section For personal use only Consistent, thick and open orebody with limited drilling beneath 150m 1 Refer to YRL’s Replacement Prospectus dated 19 November 2018 and lodged on the ASX 12 December 2018 18
Slide 20: Gordons Gold Project
Gordons Gold Project Located 16km north of Northern Star’s Kanowna Belle Gold Mine; 8 For personal use only Numerous targets focussed on geological contacts between mafic, ultramafic and felsic rocks; RC drilling was completed at the Gordons Dam prospect to test for primary mineralisation bene
Slide 21: Gordons Dam Prospect – new drilling
Gordons Dam Prospect – new drilling Shallow high grade palaeochannel hosted gold mineralisation defined over 350m strike length and 60m For personal use only wide; KESGSR1323 YRLRC0020 9m @ 4.38g/t Au (33m) 5m @ 1.29g/t Au (60m) KESGSR1340 YRLRC0019 New primary felsic porphyry and mafic hosted m
Slide 22: Investment Summary
Investment Summary Gold is at attractive price levels and is currently trading between AUD$1,700 – 1,800/oz; For personal use only YRL has high quality gold projects with a focus on the Yandal Greenstone Belt which is host to “Tier 1” gold deposits and recent discoveries; YRL projects contain
Slide 23: Contacts
Contacts For personal use only Panthea Capital Andrew Bald - Principal Level 4, 9-11 York Street Sydney NSW 2000 P: +61 409 758 229 Street Postal Phone / Fax Email / Website Share Registry 159 Stirling Highway PO Box 1104 P: +61 8 9386 4699 lorry.hughes@yandalresources.com.au Grosvenor Place Nedland
Slide 24: Appendix - Management Team
Appendix - Management Team LORRY HUGHES BSc (Geol) MAusIMM DR MICHAEL RUANE Ph.D., MRACI ANDREW BALD MANAGING DIRECTOR TECHNICAL CONSULTANT CORPORATE ADVISORY For personal use only Mr Hughes is an Economic Geologist with over Dr. Ruane has an extensive history as a Mr Bald is the Executive Director
Yandal Resources — Investor Presentation (January 2019) on 6ix