Astra Exploration Inc · TSXV:ASTR
Astra Exploration — Investor Presentation (May 2022)
23 slides from Astra Exploration's investor presentation, May 2022
Slide 1: Targeting Gold and Silver in Northern Chile
Targeting Gold and Silver in Northern Chile INVESTOR PRESENTATION May 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 Flagship project producing high-grade drill results from first drill program – assays pending Team credited with multiple discoveries and extensive local operating experience Cost-efficient explo
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. 1,950,000 options) ~27M Market Cap (@ $0.22) $5.5M Closed ~$2.2M financing (as a private co) Cash ~$350K @ $0.30 - No warrants Debt $0 Over 25% owned by Astra management 26% Astra Management 23% Arena Minerals 25%
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 Fantastic location both logistically and geologically Sierra Gorda Located near two major producing mines Astra staked Impaciencia claim
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: Astra plans step out drilling to Expand Mineralization at the Paciencia Vein
PAMPA PACIENCIA • Previous exploration 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 Pacienci
Slide 11: Astra completed Phase I exploration program
PAMPA PACIENCIA Astra completed Phase I exploration 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: Positive Results
PAMPA PACIENCIA Positive Results from initial exploration Prospective area greatly expanded beyond previously known mineralization 8.5 km strike length of vein fields as indicated by large (+25 cm) mineralized float samples Evidence suggests a large epithermal system under shallow sediment cover AST
Slide 13: Positive Results
PAMPA PACIENCIA Positive Results from initial exploration (Paciencia North Zone) Astra has a useful geological model that is successfully discovering new veins Trenching and drilling confirms over 1,000 meters of vein structures averaging 10-20 meters true thickness Confirmed additional vein structu
Slide 14: Positive Results
PAMPA PACIENCIA Positive Results from initial exploration (Paciencia North Zone) Paciencia Vein is ~400 meters long Vein width is 25 meters average, up to 50 meters wide High-grade ore shoot at east end is open along strike and at depth Mineralized portion of the vein improving at depth ASTRA EXPLOR
Slide 15: Positive Results
PAMPA PACIENCIA Positive Results from first 11 drill holes (Paciencia North Zone) Ore shoot in eastern end of Paciencia Vein – open along strike and at depth Ore shoots are likely irregular in shape and consistency System elevation indicates best drill targets are likely at depth ASTRA EXPLORATION (
Slide 16: 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 17: 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 18: 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 19: 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 20: 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 21: Why Astra Exploration
ABOUT ASTRA EXPLORATION Why Astra Exploration Pampa Paciencia is underxplored, has high grade, wide veins and lots of potential for expansion The right team to explore and advance Pampa Paciencia into a marketable asset 18 of 29 drill holes pending – near-term catalyst for share price appreciation E
Slide 22: info@astra-exploration.com Astra-Exploration.com 1090 West Georgia Street
+1-208-830-0869 info@astra-exploration.com Astra-Exploration.com 1090 West Georgia Street Suite 700, Vancouver, British Columbia V6E 3V7
Slide 23: info@astra-exploration.com Astra-Exploration.com 1090 West Georgia Street
+1-604-428-0939 info@astra-exploration.com Astra-Exploration.com 1090 West Georgia Street Suite 700, Vancouver, British Columbia V6E 3V7