Estrella Resources Limited · ASX:ESR
Estrella Resources — RIU Sydney Resources Round-Up 2024
19 slides from Estrella Resources's conference presentation, May 6, 2024
Slide 1: A significant opportunity in Timor-Leste
For personal use only A significant opportunity in Timor-Leste -a highly unexplored mineralised region RIU Sydney Resources Round-Up INVESTOR PRESENTATION MAY 2024 ASX:ESR
Slide 2: Disclaimer & Declaration
Disclaimer & Declaration This presentation has been prepared by Estrella Resources Limited (“ESR”) as a summary of the company’s exploration and development activities. For personal use only No Offer of Securities The presentation is not, and should not, be considered as an offer or invitation to su
Slide 3: Why Estrella? Major Opportunities in Timor-Leste
Why Estrella ? Major Opportunities in Timor- Leste For personal use only • Estrella one of only four companies permitted A virtually unexplored to conduct minerals exploration with total region landholding of 503.7 km2 Highly prospective for • Located on the Banda Arc convergence of three multi-comm
Slide 4: Highly Experienced Board with strong in-country relationships
Highly Experienced Board with strong in-country relationships For personal use only Chris Daws – Managing Director Les Pereira – Chairman John Kingswood – Non-executive Director Steve Warriner – Exploration Manager Beau Nicholls – Timor-Leste Manager Agio Xavier – Logistics and Community Liaison Edw
Slide 5: Mining in Timor-Leste: An Emerging Industry
Mining in Timor-Leste: An Emerging Industry For personal use only Successful Estrella awarded applications followed Estrella is one of only In 2023, Timor-Leste three of four ~15-yr commitment four entities (and one undertook the major Exploration from Estrella of just two ASX-listed step of holding
Slide 6: Timor-Leste Significant Exploration Potential
For personal use only Boulder containing pisolitic and platy pyrolusite Estrella MD Chris Daws and Exploration Manager Steve Extensive detrital manganese exposed in a creek bed was located during within a limestone marl of the Bobonaro Complex. Warriner with local guides looking over a manganese rec
Slide 7: Estrella Mineral Concessions
Estrella Mineral Concessions Manganese-rich Noni Formation ▪ 503.7 km2 of Mineral Concessions awarded in For personal use only Lautém Municipality, located in the country’s north-eastern region where no modern exploration has taken place. ▪ Access via 170km of sealed roads from the capital of Dili.
Slide 8: Timor-Leste Exploration & the Community
Timor-Leste Exploration & the Community ▪ Estrella has committed to develop For personal use only projects in partnership with the Timor- Estrella Managing Leste government, its people and the Director Chris Daws with local farmers and guides mining industry in a recent visit to the Timor-Leste conc
Slide 9: Joint-Venture with State-Run Mining Company
Joint-Venture with State-Run Mining Company ▪ Estrella Resources has entered into a Joint-Venture For personal use only with state-run Murak Rai Timor ▪ The JV named Estrella Murak Rai controls all ESR-RP Exploration Concessions, with MRT free-carried at 30% ownership ▪ At the publication and approv
Slide 10: Timor-Leste Next Steps
For personal use only • Office and sample preparation workshop in Dili secured • In-country team of geologists and liaison staff appointed Timor-Leste Next Steps • Detailed mapping and sampling underway • Airborne geophysical surveys may potentially follow • Ground-based geophysics and eventually dr
Slide 11: Manganese market to accelerate on EV battery demand
Manganese market to accelerate on EV battery demand For personal use only • Provides strength and wear resistance in steel with significant growing use in EV batteries • Automotive companies are increasingly turning to manganese-intensive forms of battery chemistry due to lower cost structures and i
Slide 12: Estrella Resources Investment Highlights
Estrella Resources Investment Highlights Strong potential for minerals discovery in virtually unexplored Timor-Leste For personal use only tenure Highly prospective regional geology and observed mineralisation improve confidence ahead of early-stage exploration activity Strong support from the gover
Slide 13: Capital Structure
Capital Structure ASX Tickers ESR & ESROA For personal use only Share Price A$0.005 Market Cap A$7.0M Cash ~ A$0.65M (as at 31st March 24) Enterprise Value $6.35M FPOS 1,759,371,869 Options 397,926,996 1.8c exercise Dec 2026 25,000,000 3c exercise Dec 2025 45,750,000 6c exercise Jan-April 2025 54,00
Slide 14: Carr Boyd Project
Carr Boyd Project Western Australia (100%-owned) For personal use only ▪ 259km2 tenements covering highly prospective geology confirmed to host nickel-copper and PGEs ▪ Access to top infrastructure, located approximately 80km from Kalgoorlie ▪ Carr Boyd defined by large mafic igneous complex with mu
Slide 15: Carr Boyd: A Large-Scale Opportunity
Carr Boyd A Large-Scale Opportunity ▪ The Carr Boyd Igneous Complex features For personal use only confirmed massive sulphide discoveries as well as the historic Carr Boyd mine which produced 202,100t at 1.43% Ni and 0.46% Cu ▪ Exploration Target declared for: 5Mt to 7Mt at 0.7% to 1.5% Nickel and 0
Slide 16: Carr Boyd Untested Priority Targets
Carr Boyd Untested Priority Targets ▪ Base Metals: World-first use of For personal use only next-generation TargetEM survey conducted at Carr Boyd highlighting a series of first and TargetEM Loop being tested second order bedrock conductor anomalies ▪ Unexplored Colreavy Komatiite returned a strong
Slide 17: Spargoville Project
Spargoville Project Nickel Development Opportunity (100% owned) ▪ A high-grade nickel development For personal use only opportunity 20km southwest of Kambalda Proposed Cutback, decline ▪ Project contains four historic mining and stope design for the 5A Nickel operations with modern exploration Mine
Slide 18: Contact: Chris Daws
For personal use only Contact: Chris Daws Managing Director M: +61 414 334 842 E: info@estrellaresources.com.au 18
Slide 19: 5A Open Cut Nickel Mine
For personal use only 5A Open Cut Nickel Mine Spargoville, Western Australia 19
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