Astral Resources Nl · ASX:AAR

Astral Resources Nl — Precious Metals Summit Zurich 2024

17 slides from Astral Resources Nl's conference presentation, Nov 13, 2024

  1. Slide 1: Building Kalgoorlie's next 100kozpa gold producer

    Building Kalgoorlie’s next For personal use only 100kozpa gold producer astralresources.com.au Precious Metals Summit Zurich Conference | November 2024 Marc Ducler, Managing Director

  2. 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

  3. 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

  4. Slide 4: Corporate Overview

    Corporate Overview Shares on Issue Significant Shareholders: 1,157M For personal use only Market Capitalisation A$162.0M (at $0.14 per share) Options / Rights 69.6M/16.5M Gold price sensitivity (Ave exercise price 12c) Board & Management 4.1% Gold price (A$/oz) 2,750 3,000 3,500 3,750 4,000 4,100 Br

  5. 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

  6. Slide 6: MRE – History of cost-effective growth

    MRE – History of cost-effective growth 1,600,000oz Group MRE, 1,461,000 Group MRE, 1,381,000 July 2023 Mandilla MRE added 1,400,000oz For personal use only 231,000oz Group MRE, 1,150,000 1,200,000oz at a discovery cost of A$18 1,000,000oz per oz, including a 69% 800,000oz Group MRE, 781,000 Mandilla

  7. Slide 7: 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 22km to the +20Moz St Ives Gold Mine 70km south of contained gol

  8. Slide 8: Mandilla's Theia Deposit – 1Moz in a single large open pit

    Mandilla’s Theia Deposit – 1Moz in a single large open For personal use only pit • Four-hole / 1,600m in-fill diamond drill program recently commenced at Theia • The first hole – MDRCD920a, visible gold observed where Resource model predicted mineralisation – assays pending • Provides confidence in

  9. Slide 9: 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

  10. Slide 10: Feysville – Icing on the Cake

    Feysville – Icing on the Cake • 14km south of Kalgoorlie – potential to yield multiple 100koz scale deposits For personal use only • Current MRE: 5Mt at 1.2g/t Au for 196,000oz5 at Kamperman, Rogan Josh and Think Big • Maiden MRE’s announced for Kamperman and Rogan Josh (November 2024) – A$19/oz dis

  11. Slide 11: Kamperman – High-grade gold

    Kamperman – High-grade gold For personal use only Hole FRC378 recently returned 1m at 419g/t Au from 75m as part of a broader intercept of 25m at 24.3g/t Au from 68m astralresources.com.au ASX:AAR | 11

  12. Slide 12: Kamperman – Continues to grow

    Kamperman – Continues to grow For personal use only Recent in-fill drilling on one section delivered: • 33m at 3.75g/t Au from 58m including 3m at 14.8g/t Au from 75m in FRC387; • 22m at 4.44g/t Au from 105m including 2m at 25.9g/t Au from 121m in FRC388; and • 22m at 5.21g/t Au from 149m including

  13. Slide 13: Why invest with Astral?

    Why invest with Astral? For personal use only Strong balance sheet, Tier 1 location, in the Compelling financial Exploration upside Experienced board, funded through to FID heart of Kalgoorlie metrics, simple bulk- at both Mandilla experienced and with a share Goldfields, scale mining and and Feysvi

  14. Slide 14: 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 1.5Moz Resource base and growing Theia – 1Moz in a single pit Significant growth potential Experienced team with track record of value creation ast

  15. Slide 15: Appendix: Mineral Resource Estimates

    Appendix 1 Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au)6 Classification Tonnes (Mt) Gold (g/t) Ounces (koz) For personal use only 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 Grad

  16. Slide 16: Appendix: Key Assumptions

    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

  17. Slide 17: 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

Astral Resources NL — Precious Metals Summit Zurich 2024 on 6ix