Miramar Resources Limited · ASX:M2R
Miramar Resources — RIU Explorers Conference 2022
16 slides from Miramar Resources's conference presentation, Feb 16, 2022
Slide 1: Miramar Resources Ltd
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” RIU Explorers Conference – February 2022 ASX: M2R
Slide 2: Disclaimer/Competent Person Statement
Disclaimer/Competent Person Statement For personal use only Forward-Looking Statements Statements in this presentation which are not statements of historical facts, including but not limited to those relating to the proposed transactions, are forward-looking statements. These statements instead repr
Slide 3: Miramar Resources - Investment Highlights
Miramar Resources - Investment Highlights For personal use only Gidji JV (80%) • Potential new gold camp 15km N of Kalgoorlie • “Paddington lookalike” at Marylebone ▪ Experienced Board - • Multiple drill targets identified for testing track record of discovery, development and production Glandore ▪
Slide 4: Gidji JV
Gidji JV For personal use only Paddington Potential new gold camp 15km north of Kanowna Belle Kalgoorlie, WA ▪ 15km long segment of major regional structure – “Boorara Shear Zone” GIDJI JV ▪ Along strike from large gold deposits: • Paddington (4M oz) Mt Charlotte • Aphrodite (1.7M oz) • Zoroastrian/
Slide 5: Marylebone
Marylebone For personal use only Potential for a large new gold discovery ▪ Geology, structure and scale similar to 4Moz Paddington deposit ▪ >2km long aircore gold footprint with multiple results >2g/t Au ▪ Open to NW with many assays pending ▪ Limited bedrock testing to date - RC drilling underway
Slide 6: Marylebone vs Paddington
Marylebone vs Paddington For personal use only ✓ geology ✓ structure ✓ footprint 6
Slide 7: A new gold camp?
A new gold camp? For personal use only Underexplored strategic land position ▪ Transported cover hampered previous exploration ▪ Most previous drilling angled and <50m ▪ Multiple new targets identified for testing Systematic exploration planned for 2022 ▪ Marylebone RC drilling – underway ▪ Blackfri
Slide 8: Glandore
Glandore For personal use only ▪ Very large gold footprint with multiple aircore holes ending in >0.25g/t Au ▪ Historic DDH results incl. 6m @ 29.8g/t Au ▪ NE-striking structures in granite = potential for Majestic/Imperial-style gold mineralisation ▪ DDH planned (Q2 2022) 8
Slide 9: Whaleshark – large IOCG targets outlined
Whaleshark – large IOCG targets outlined For personal use only ▪ Folded BIF intruded by granite ▪ Overlapping gravity and magnetic anomalies ▪ Large MMI Cu-REE-U soil anomalies ▪ Basement mostly <100m ▪ Planned work (Q2-Q3) • Infill gravity +/- EM • Interface drilling 9
Slide 10: Bangemall - first mover in new Ni-Cu-PGE region
Bangemall - first mover in new Ni-Cu-PGE region For personal use only Bangemall Lesher, 2019 Critical ingredients for Ni-Cu-PGE’s SW Yilgarn ✓ Large vol. of S-undersaturated magma (Julimar etc) ✓ Craton margin and/or crustal-scale faults ✓ External S-source (e.g. sulphidic seds) ✓ Dynamic high-flow
Slide 11: Mt Vernon – multiple Ni-Cu-PGE targets
Mt Vernon – multiple Ni-Cu-PGE targets For personal use only Key ingredients present ✓ Craton margin ✓ Crustal-scale structures ✓ Prot. dolerite sills ✓ Late-time EM anomalies ✓ Ni-Cu-PGE anomalism Follow-up work planned ▪ Mapping/ sampling ▪ Ground EM ▪ RC/DD Drilling 11
Slide 12: Project pipeline = substantial value upside
Project pipeline = substantial value upside For personal use only Target Aircore Resource Project Applications Bedrock Testing Generation Drilling Definition MARYLEBONE Railway 8-Mile (DDH) GIDJI JV Piccadilly The Jog Blackfriars Claypan Highway Lake Boorara North EAST GLANDORE West E25/544 RANDALLS
Slide 13: Miramar Resources - Summary
Miramar Resources - Summary For personal use only ▪ Uncovering a potential new gold camp at Gidji including a “Paddington lookalike” at Marylebone ▪ Multiple additional discovery opportunities • Large gold footprint and high-grade DDH results at Glandore • Underexplored mineralised BIF at Randalls •
Slide 14: For personal use only
miramarresources.com.au | ASX:M2R
Slide 15: Appendix – Paddington gold deposit
Appendix – Paddington gold deposit For personal use only ▪ Discovered in 1982 by 40m x 40m NE SW RC/DD drilling beneath historic workings Paddington Black Flag basalt dolerite sediments ▪ Dilational jog in Boorara Shear Zone crosscut by late N-S faults ▪ Brittle quartz dolerite sandwiched between so
Slide 16: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code M2R Substantial Shareholders % Shares on Issue 56.3M XGS Pty Ltd (Allan Kelly) 11.9 Shareholders ~770 Faraday Nominees Pty Ltd 6.2 Market Capitalisation (@ 22c) $12.4M Top 20 45.0 Cash/Investments (31 Dec 21) $3.0M Combined Board 13.0 Enterprise Valu