Miramar Resources Limited · ASX:M2R
Miramar Resources — Gold Coast Investment Showcase 2023
20 slides from Miramar Resources's conference presentation, Jun 21, 2023
Slide 1: Gold Coast Investment Showcase 21-22 June 2023
For personal use only Cu Au Ni GOLD COAST INVESTMENT SHOWCASE 21-22 JUNE 2023 ASX: M2R
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
Miramar Resources “Aiming to create shareholder value through For personal use only Capricorn Orogen discovery of world-class mineral deposits” Onslow WHALESHARK Projects Multiple large discovery opportunities ▪ Large shallow IOCG targets at Whaleshark BANGEMALL • (e.g. Ernest Henry, Carrapateena) ▪
Slide 4: Capricorn Orogen
Capricorn Orogen Rapidly emerging mineral province For personal use only ▪ Proterozoic orogens host major mineral deposits worldwide ▪ The Capricorn Orogen is underexplored but highly prospective for multiple commodities and deposit types WHALESHARK • IOCG (Whaleshark) • Ni-Cu-PGE’s (Bangemall) BANG
Slide 5: Whaleshark – large shallow IOCG target
Whaleshark – large shallow IOCG target For personal use only ▪ Proterozoic granite and BIF under basin ▪ Gravity and MMI soil anomaly within granite ▪ 2022 interface aircore drilling • Shallow basement • Cu-Co-Au-Ag-Re anomalism • Na + K alteration • Sulphides 5
Slide 6: Whaleshark: Key ingredients for a large IOCG deposit
Whaleshark For personal use only Key ingredients for a large IOCG deposit ✓ Proterozoic granite with iron-rich rocks nearby ✓ Overlapping gravity and magnetic anomalism ✓ Strongly anomalous “interface” geochemistry ✓ Sodic and potassic alteration ✓ Shallow basement (mostly <100m) What's Next? ▪ Succ
Slide 7: Whaleshark drill targets
Whaleshark drill targets For personal use only 7
Slide 8: Bangemall Ni-Cu-PGE Projects
Bangemall Ni-Cu-PGE Projects For personal use only Potential for Norilsk-style Ni-Cu-PGEs ✓ Craton margin ✓ Crustal-scale structures and cross-cutting faults ✓ Extensive volumes of mafic magma ✓ Regional Ni-Cu-PGE signatures • GSWA geochem • Capricorn EM 8
Slide 9: Bangemall – Ni-Cu-PGE model
Bangemall – Ni-Cu-PGE model For personal use only Warakurna Large Igneous Province (LIP) ▪ Widespread mafic intrusive event related to mantle plume ▪ Bangemall – 1070Ma Kulkatharra Dolerite ▪ West Musgraves – 1078Ma Giles Complex • Nebo and Babel deposits (1.2Mt Ni, 1.3 Mt Cu) Wingate, 2004 9
Slide 10: Bangemall – Ni-Cu-PGE model
Bangemall – Ni-Cu-PGE model For personal use only Intrusion-hosted Ni-Cu-PGE potential Bangemall Morris and Pirajno, 2005 Julimar Geoscience Australia Report 2016/01 Lesher, 2016 10
Slide 11: Bangemall - Mt Vernon
Bangemall - Mt Vernon For personal use only ▪ Multiple Kulkatharra Dolerite sills intruding into sulphidic sediments ▪ >30km of prospective basal contact ▪ Cross-cutting faults ▪ 2022 VTEM survey identified multiple late- time anomalies 11
Slide 12: Bangemall - Mt Vernon
Bangemall - Mt Vernon For personal use only ▪ Historic Ni-Cu-PGE soil anomalies ▪ Strongly elevated Ni-Cu in rock chips ▪ Large EM anomalies ▪ Historic RC drilling intersected elevated Ni- Cu-PGE’s in dolerite ▪ Sampling and EIS drilling application planned 12
Slide 13: Bangemall - Mt Vernon
Bangemall - Mt Vernon 1997 Rio Tinto RC drilling 2022 VTEM survey For personal use only Ni-Cu-Pd soil anomaly Rock chips up to 820ppm Ni, 210ppm Cu Elevated Ni and PGE’s at base of dolerite sill Late time EM anomaly at base of dolerite sill 13
Slide 14: Eastern Goldfields Projects
Eastern Goldfields Projects Strategic land position in For personal use only world-class gold province Gidji JV ▪ Potential for a new gold camp close to Kalgoorlie ▪ Shallow 100koz Exploration Target outlined at Marylebone* Glandore ▪ Multiple high-grade gold results from lake drilling * See ASX Rel
Slide 15: Corporate Snapshot (pro-forma)
Corporate Snapshot (pro-forma) ASX Code M2R Substantial Shareholders % For personal use only Shares on Issue 148.8M XGS Pty Ltd (Allan Kelly) 11.2 Listed Options (@25c) 46.0M Faraday Nominees Pty Ltd 9.5 Market Cap (@ 4c) $6.0M Top 20 Holders 43.5 Cash/Investments (Mar 23) $2.0M Combined Board 12.1
Slide 16: Miramar Resources
Miramar Resources “Aiming to create shareholder value through discovery For personal use only of world-class mineral deposits” Large Ni-Cu-PGE targets in Bangemall Large IOCG target Strategic Eastern at Whaleshark Goldfields projects Substantial Regular news flow, Experienced Board Valuation tight s
Slide 17: miramarresources.com.au | ASX:M2R
miramarresources.com.au | ASX:M2R
Slide 18: Gidji JV
Gidji JV For personal use only “The cheapest house on the best street” ▪ Strategic land position within major regional structure – Boorara Shear Zone ▪ 15km N of Kalgoorlie via major highway ▪ Multiple large aircore gold footprints +/- bedrock targets ▪ Extensive shallow “Exploration Target” outline
Slide 19: Gidji JV – Marylebone and Blackfriars
Gidji JV – Marylebone and Blackfriars For personal use only Similar Witt, 2016 ▪ Geology ▪ Structure ▪ Scale Mount Charlotte Witt, 2016 * See ASX Release dated 2/2/2023 19
Slide 20: Glandore
Glandore For personal use only ▪ 5km long aircore footprint on salt lake ▪ 40km E of Kalgoorlie ▪ Multiple high-grade gold intersections ▪ Magnetics and further DD planned 20
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