Astral Resources Nl · ASX:AAR
Astral Resources Nl — Shareholder Meeting (November 2021)
13 slides from Astral Resources Nl's shareholder meeting presentation, Nov 16, 2021
Slide 1: Annual General Meeting Shareholder Briefing
Annual General Meeting Shareholder Briefing 16th November 2021 (ASX : AAR) AAR| November 2021 AGM Presentation
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Premier Mining Jurisdiction
Premier Mining Jurisdiction Mandilla ● 14km2 land position at Mandilla, 70km south of Kalgoorlie ● Within a well-endowed structural setting known to host gold camps of up to 2Mozs ● Adjacent to the sealed Goldfields Highway ● NO 3rd PARTY ROYALTIES1 Feysville ● 11km2 land position at Feysville, 20km
Slide 4: Corporate Overview
Corporate Overview AAR| November 2021 AGM Presentation
Slide 5: Advancing Mandilla to a project of significant scale
Advancing Mandilla to a project of significant scale In the 12 months since the last AGM, AAR has: ● Reported assay results for 295 drill-holes for over 42,000m of drilling; ● Provided metallurgy results that demonstrate Mandilla to be exceptionally high recovery (above 95%), free-milling gold depos
Slide 6: Mandilla Gold Project on geology map
Mandilla Gold Project on geology map ● The Mandilla deposit is hosted within in a primarily monzonitic intrusive. ● Theia occurs at a bend and structural-break confluence in the host intrusive ● At Iris, it is located closer to the sediment- intrusive contact, which may be responsible for the greate
Slide 7: Mandilla Gold Project on detailed magnetics
Mandilla Gold Project on detailed magnetics ● The mineralisation at Mandilla is within a broadly de- magnetised part of the intrusive, this provides circumstantial evidence that altering fluids and/or heat has preferentially taken affect. ● It is a vein-hosted Mineral Resource within the intrusive.
Slide 8: Exploration potential to continue to grow Mandilla
Exploration potential to continue to grow Mandilla ● Regional scale de-magnetised zones at structural intersections ● Movement/changes in the sediment-intrusive contact ● Lateral extrapolations of known intersections beyond the current Mineral Resource envelope Significant potential exists to grow M
Slide 9: MGP – Mineral Resource Estimate 19.8Mt @ 1.0g/t for 664.6koz
MGP – Mineral Resource Estimate 19.8Mt @ 1.0g/t for 664.6koz (unclassified mineralisation shown below the optimised pit shell constrained at AUD$2,500 gold price) Maiden MRE of 15.6Mt at 1.0g/t for 500.4koz in May 2021 82 days later and after incorporating 53 holes for 7,650m – MRE increased by 33%
Slide 10: 665,000oz MRE is growing at Theia and Eos will likely convert to Resources
665,000oz MRE is growing at Theia and Eos will likely convert to Resources Extensional drilling at Theia post the latest MRE includes: ● 1.4m at 28.03g/t Au from 165m in MDGT004; ● 34m at 1.46g/t Au from 64m plus 28m at 1.23g/t Au from 118m in MDRC472; ● 10m at 3.36g/t Au from 59m plus 61m at 1.14g/
Slide 11: The scale to support stand alone operation and study phases
The scale to support stand alone operation and study phases ● Initial estimates suggest an 800koz Resource could provide scale capable of supporting a successful study. ● Technical works to support this are advanced ahead of the study phase, these include: ● Geotechnical – Prefeasibility Level for T
Slide 12: Summary
Summary ● AAR remains well-funded with $8.8m in cash as at 30 September 2021 ● 42,000m of drilling completed since the 2020 AGM ● 665,000ozs in Mineral Resources, 33% growth on the Maiden MRE achieved inside 3 months after only 7,650m of new drilling incorporated ● Significant RC program recently co
Slide 13: Annual General Meeting Shareholder Briefing
Annual General Meeting Shareholder Briefing 16 November 2021 AAR| November 2021 AGM Presentation
Astral Resources NL — Shareholder Meeting (November 2021) on 6ix