Astra Exploration Inc · TSXV:ASTR
Astra Exploration — Investor Presentation (February 2022)
21 slides from Astra Exploration's investor presentation, February 2022
Slide 1: Targeting Gold and Silver in Northern Chile
Targeting Gold and Silver in Northern Chile INVESTOR PRESENTATION February 2022
Slide 2: Forward Looking Statements
ABOUT ASTRA EXPLORATION Forward Looking Statements This presentation contains forward-looking statements which reflect the expectations of management regarding the business development objectives and plans of Astra Exploration Ltd “Astra” or the “Company”. All statements, other than statements of hi
Slide 3: A Premier Gold & Silver Exploration Company
ABOUT ASTRA EXPLORATION A Premier Gold & Silver Exploration Company with extraordinary value proposition Team credited with multiple discoveries and extensive local experience Fully-funded drill program to begin in February Portfolio of high-quality assets in northern Chile Very tight share structur
Slide 4: Astra Exploration Management
ABOUT ASTRA EXPLORATION Astra Exploration Management BRIAN DIEGO MAHESH ROBERTO ALARCON MILLER GUIDO LIYANAGE BITTNER CEO & Director Exploration Director CFO VP & Country Manager, Chile Brian began working in Diego is a globally-recognized Mahesh is a Chartered Professional Mr. Alarcon has over 30 y
Slide 5: Astra Exploration Directors & Advisors
ABOUT ASTRA EXPLORATION Astra Exploration Directors & Advisors DR STUART DARCY DAVID CHARLES SMITH MARUD CAULFIELD FUNK Technical Advisor Director Director Director With over 30 years in exploration, Led exploration teams involved in Over 35 years of experience in Charles has over 13 years of Stuart
Slide 6: Capital Structure
ABOUT ASTRA EXPLORATION Capital Structure Share Structure: I/O – Fully Diluted (incl. 365,000 options) ~25.4M Market Cap (implied @ $0.30) $7.5M Closed ~$2.2M financing (as a private co) Cash ~$1.5M @ $0.30 - No warrant Debt $0 Listed on TSX.V on Jan 26 26% Astra Management 23% Arena Minerals 25% Fu
Slide 7: Underexplored Paleocene Epithermal Belt of Northern Chile
ASTRA EXPLORATION N WHY GOLD IN CHILE Pampa Paciencia Astra Exploration is focusing on the Spence Underexplored Faride Sierra Gorda Paleocene Epithermal Legend Antofagasta Lomas Bayas Belt of Northern Chile Paleocene San Cristóbal epithermal Paleocene Chile is a tier 1 mining jurisdiction porphyry C
Slide 8: Gold-Silver Discovery in an Active Mining District
ASTRA EXPLORATION N PAMPA PACIENCIA Pampa Paciencia Pampa Paciencia- Gold-Silver Discovery Spence in an Active Mining District ASTRA EXPLORATION Impaciencia Faride Paved roads, power, and a local skilled workforce Sierra Gorda Located near two major producing mines Astra staked Impaciencia claims (1
Slide 9: Early Stages of Discovery
TRP15-003 PAMPA PACIENCIA 8.6m @ 4.62 g/t Au, 99.30 g/t Ag Incl. 5m @ 7.72 g/t Au, 162.16 g/t Ag North A potentially large epithermal A Zone system in the PP15-006 Early Stages of 21m @ 1.69 g/t Au, 22.06 g/t Ag Incl. 2 .1m @ 8.13 g/t Discovery Au, 29.09 g/t Ag A’ ✓ PP15-007 drill intersection of 3.
Slide 10: Step-out Drilling to Expand Mineralization at the Paciencia Vein
PAMPA PACIENCIA • Trenching and drilling indicated two zones of Astra plans step out drilling mineralization that could be ore shoots to Expand • These have very large gaps between current drill holes and are open at depth Mineralization at the • The Central and South Zones indicate shallower Pacien
Slide 11: Astra will complete a comprehensive program
PAMPA PACIENCIA Astra will complete a comprehensive program to expand known mineralization and identify additional mineralized veins Geophysics, mapping & PP15-007 3.75m @ 7.71 g/t Au, 46.6g/t Ag sampling to identify additional vein structures Trenching and sampling to produce high-quality drill tar
Slide 12: An analogue of the El Peñón mine
PAMPA PACIENCIA The prize is An analogue of the El Peñón mine El Peñón Discovery* NOV 1992 Discovery float sample Occurs within the well-defined Paleocene 1 g/t Au, 28.7 g/t Ag epithermal Au-Ag belt NOVEMBER 1993 Classic low-to-intermediate sulfidation Initial 13-hole drill program, gold-silver syst
Slide 13: An analogue of the El Peñón mine
PAMPA PACIENCIA The prize is An analogue of the El Peñón mine Commodity 2021 Resource + 1999 – 2020 Total Known Reserve Production Endowment Au 2.5 Moz 5.3 Moz 7.8 Moz Ag 82.7 Moz 134 Moz 216.7 Moz El Peñón Mine, Chile Source: Yamana March 25, 2021 Technical Report https://s28.q4cdn.com/334653565/fi
Slide 14: Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Source: Yamana Gold 2018 Tech Report Source: Yamana Gold 2017 Site Visit Presentation Surface expressions Ongoing, drill focused, Veins can be obscured by of veins is poor exploration continues to young pampa cover (eg discover additional veins M
Slide 15: Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics COMPARISON El Peñón veins can be very Pampa Paciencia thin and subtle at surface Intersection and develop into thick high- open at depth and along strike grade veins at depth PP15-007 3.75m @ 7.71 g/t Au, 46.6g/t Ag Exploration that systematicall
Slide 16: HSE-Porphyry Gold Discovery in “Elephant Country”
DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Discovery in “Elephant Country” Large underexplored 8x6 km property in the Maricunga – 100% owned by Astra Limited drilling in 1990 (8 holes, 1660m) into a very discrete zone 120 km east of Copiapo – nearby infrastructure and skilled labor Oxide m
Slide 17: HSE-Porphyry Gold Discovery in “Elephant Country”
DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Discovery in “Elephant Country” Previous drilling tested a very limited area – indications of potential for additional mineralization ASTRA EXPLORATION (TSX.V: ASTR) 17
Slide 18: HSE-Porphyry Gold Discovery in “Elephant Country”
DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Discovery in “Elephant Country” Major mining company has expressed interest in Astra’s projects Discussions ongoing regarding potential transaction structure Astra’s team and portfolio has already attracted attention of a tier 1 mining company Lar
Slide 19: Our Growth Strategy
ABOUT ASTRA EXPLORATION Our Growth Strategy Pampa Paciencia is the cornerstone of a gold-silver portfolio The Paleocene epithermal belt is relatively underexplored compared to the adjacent porphyry belts, due to the heavy copper focus Epithermal vein systems are not obvious at surface, especially in
Slide 20: Why Astra Exploration
ABOUT ASTRA EXPLORATION Why Astra Exploration Team with decades of local experience, credited with multiple discoveries A growing portfolio of high quality projects in a jurisdiction with a deep history of mining Fully funded drill program in Q1 ‘22 New TSX.V listing – clean company, attractive capi
Slide 21: Contact
+1-208-830-0869 info@astra-exploration.com Astra-Exploration.com 1090 West Georgia Street Suite 700, Vancouver, British Columbia V6E 3V7
Astra Exploration — Investor Presentation (February 2022) on 6ix