Astral Resources Nl · ASX:AAR
Astral Resources Nl — Sydney Resources Round-up May 2025
18 slides from Astral Resources Nl's conference presentation, May 6, 2025
Slide 1: Developing the WA Goldfields next +100kozpa producer
Developing the WA Goldfields next +100kozpa For personal use only producer astralresources.com.au Sydney Resources Round-up | May 2025 Marc Ducler Managing Director
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not The information in this presentation that relates to exploration targets and exploration results is based on information compiled by constitute an offer to issue, or arrange to issue, securities
Slide 3: Moving to Development in a Tier-1 Location
Moving to Development in a Tier-1 Location Mandilla Scoping Study delivered a large scale, long-life mine development with For personal use only robust financials from conservative cost assumptions. At $2,750/oz gold price 100kozpa of gold production1 Pre-tax NPV8 of $442M Pre-tax free cashflo
Slide 4: Astral Resources completes Compulsory Acquisition
Astral Resources completes Compulsory Acquisition For personal use only 144km2 of primarily Combined portfolio consolidates Mandilla contiguous tenure with Maximus’ adjacent tenements, allowing for more flexible future development of existing Mandilla gold resources and a clear development pathway f
Slide 5: 1.62Moz in Mineral Resources and growing
1.62Moz in Mineral Resources and growing Astral Resources Combined Group Mineral Resource Estimate March 2025 Mandilla MRE Deposit Classification Tonnes (Mt) Grade (g/t Au) Au Metal (koz) • The March 2025 MRE resulted in Indicated 24.5 1.1 832 a 13% increase in Resources and For personal use only Th
Slide 6: 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 (at A$2,750/oz Au) in reach (post Capex/Pre-tax at A$2,750/oz Au) 1.3g/t average 7.8 yrs mining, A
Slide 7: PFS Advancing – On track for June Quarter 2025
PFS Advancing – On track for June Quarter 2025 • Approvals manager appointed – multiple work • Power study finalised for the PFS – next streams underway to support lodgment of steps underway in relation to early works to For personal use only necessary applications in late 2025 support grid connecti
Slide 8: Corporate Overview
Corporate Overview Significant Shareholders: Shares on Issue 1,417M For personal use only Market Capitalisation A$212.6M (at $0.15 per share) Options / Rights Board & Management 3.6% 70.8M/18.4M Braham Entities 6.2% (Ave exercise price 12.1c) Burke Entities 5.8% 1832 Asset Management 6.1% Cash on Ha
Slide 9: 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 10: Flagship Mandilla Gold Project
Flagship Mandilla Gold Project For personal use only Strategic land Total MRE has Robust Scoping package in a grown to 42Mt at Study Outcome – premier gold 1.1g/t Au for producing 100koz mining jurisdiction, 1.43Moz of pa for the first 22km to the +20Moz St Ives Gold Mine 70km south of contained gol
Slide 11: Mandilla's Theia Deposit – 1.2Moz in a single large open pit
Mandilla’s Theia Deposit – 1.2Moz in a single large open pit Diamond drilling program gram-metre2 For personal use only averages: • Four-hole / 1,762m in-fill diamond drill • • CY2022 – 97 gram-metres 1H CY2023 – 108 gram-metres program at Theia returned: • 2H CY2023 – 137 gram-metres • 2H CY2024 –
Slide 12: Feysville – Icing on the Cake
Feysville – Icing on the Cake For personal use only • 14km south of Kalgoorlie – potential to yield multiple 100koz scale deposits • Current MRE: 5Mt at 1.2g/t Au for 196,000oz3 at Kamperman, Rogan Josh and Think Big • Maiden MRE’s announced for Kamperman and Rogan Josh (November 2024) – A$19/oz dis
Slide 13: Kamperman – continues to grow…
Kamperman – continues to grow… For personal use only Recent 3-hole diamond drilling program delivered + 100 gram-metres in all holes astralresources.com.au ASX:AAR | 13
Slide 14: Why invest with Astral?
Why invest with Astral? For personal use only Strong balance sheet, Tier 1 location, in the Compelling financial Significant tenement Experienced board, and funded through to FID heart of Kalgoorlie metrics, simple bulk- package with management, with the and with a share Goldfields, scale mining and
Slide 15: Core Value Proposition
Core Value Proposition For personal use only Well funded with strong share register Located in the heart of the Goldfields Robust positive Scoping Study 1.6Moz Resource base and growing Theia – 1.2Moz in a single pit Significant growth potential Located in the heart of the Goldfields with a signific
Slide 16: Appendix – Consolidated Mineral Resources
Appendix 1 – Consolidated Mineral Resources Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au)4 Classification Tonnes (Mt) Gold (g/t) Ounces (koz) For personal use only Indicated 31 1.1 1,034 Inferred 11 1.1 392 Total 42 1.1 1,426 Mineral Resource Estimate for the F
Slide 17: Appendix – Mandilla Scoping Study
Appendix 2 – Mandilla Scoping Study Key Physicals Assumptions UOM Input Key Financial Assumptions Gold Price Assumed A$/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
Slide 18: 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
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