Astral Resources Nl · ASX:AAR
Astral Resources Nl — Diggers & Dealers 2024
16 slides from Astral Resources Nl's conference presentation, Aug 5, 2024
Slide 1: Building Kalgoorlie's next 100kozpa gold producer
Building Kalgoorlie’s next For personal use only 100kozpa gold producer astralresources.com.au Diggers & Dealers | August 2024 Marc Ducler, Managing Director
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not constitute an The information in this presentation that relates to exploration targets and exploration results is based on information offer to issue, or arrange to issue, securities or other fi
Slide 3: Moving to Development in a Tier-1 Location
Moving to Development in a Tier-1 Location Mandilla Scoping Study delivered a large For personal use only scale, long-life mine development with robust financials from conservative cost and revenue assumptions 100kozpa of gold production1 NPV8 of $442M Free cashflow of $740M Payback of ~9 mo
Slide 4: Corporate Overview
Corporate Overview Shares on Issue Significant Shareholders: 935.2M For personal use only Market Capitalisation $69.2M (at $0.074 per share) Options / Rights 69.6M/15.2M Gold price sensitivity (Ave exercise price 12c) Board & Management 5.0% Gold price (A$/oz) 2,750 3,000 3,250 3,500 3,625 3,750 Bra
Slide 5: Corporate & Technical Capability
Corporate & Technical Capability Board of Directors For personal use only Mark Connelly Justin Osborne Peter Stern David Varcoe Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Mark is a Corporate Executive with Mr Osborne has over 30 years Is a graduate of
Slide 6: Flagship Mandilla Gold Project
Flagship Mandilla Gold Project For personal use only Strategic land Total MRE has Robust Scoping package in a grown to 37Mt at Study Outcome – premier gold 1.1g/t Au for producing 100koz mining jurisdiction, 1.27Moz of pa for the first 70km south of contained gold seven years and Kalgoorlie 845koz o
Slide 7: July 2023 MRE – Achieved Critical Mass for Scoping
July 2023 MRE – Achieved Critical Mass for Scoping 1,600,000oz Group MRE, 1,381,000 July 2023 MRE added 1,400,000oz For personal use only 231,000oz 1,200,000oz Group MRE, 1,150,000 1,000,000oz at a discovery cost of $18 per 800,000oz Group MRE, 781,000 oz, including a 69% increase in Mandilla, 1,034
Slide 8: Mandilla – Significant Growth Potential
Mandilla – Significant Growth Potential • Potential analogues include: For personal use only • Granny Smith (2Moz) • Red Hill (2.5Moz) • King of the Hills (4.5Moz) • Average depth of drilling at Theia and Iris is 151m within the Emu Rocks granite intrusion – known mineralised footprint occupies only
Slide 9: For personal use only
All drilling outside of the Mineral Resource Shells For personal use only All drilling outside of the Mineral Resource Shells and >50 metres in depth astralresources.com.au ASX:AAR | 9
Slide 10: Scoping Study Highlights – Long-Life, Profitable Mine
Scoping Study Highlights – Long-Life, Profitable Mine +100kozpa Long Profitable, Funding Robust Simple and For personal use only production mine life high-margin quantum Financials conventional profile in reach (post Capex/Pre-tax at A$2,750/oz Au) 1.3g/t average 7.8 yrs mining, AISC 2.5Mtpa plant C
Slide 11: Feysville – Icing on the Cake
Feysville – Icing on the Cake • 14km south of Kalgoorlie – potential to yield multiple For personal use only 100koz scale deposits • Current MRE: 3Mt at 1.3g/t Au for 116,000oz5 at Think Big • Maiden MRE’s pending for Kamperman and Rogan Josh are likely to deliver a sub $20 discovery cost • Recent r
Slide 12: Why invest with Astral?
Why invest with Astral? For personal use only Scoping Study Comprehensive Simple Conservative Compelling Exploration based on a Scoping Study – metallurgy, revenue and financial upside at robust Mineral arguably meets simple reasonable metrics Mandilla and Resource PFS standard or processing cost Fe
Slide 13: Core Value Proposition
Core Value Proposition For personal use only Greenfields open pit opportunity Located in the heart of the Goldfields Robust positive Scoping Study 1.38Moz Resource base and growing 1Moz in a single pit Significant growth potential Experienced team with track record of value creation astralresources.
Slide 14: Appendix: Mineral Resource Estimates
Appendix 1 Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) 6 For personal use only Classification Tonnes (Mt) Gold (g/t) Ounces (koz) Indicated 21 1.1 694 Inferred 17 1.1 571 Total 37 1.1 1,265 Mineral Resource Estimate for the Feysville Gold Project (Cut-off Gra
Slide 15: Appendix: Key Assumptions and Project Metrics
Appendix 2 Key Physicals Assumptions UOM Input Key Financial Assumptions Gold Price Assumed A$/oz 2,750 For personal use only Mining Duration Years 7.8 Processing Duration Years 10.8 Discount Rate % 8.00 Waste Mined kt 160,520 Key Project Metrics Mineral Resource Mined kt 26,476 Payable Metal Koz 84
Slide 16: Contact Us
For personal use only Contact Us Suite 2, 6 Lyall St, South Perth, WA, 6151 T: +61 8 9382 8822 E: info@astralresources.com.au ASX:AAR astralresources.com.au