Astral Resources Nl · ASX:AAR
Astral Resources Nl — RIU Explorers Conference 2025
19 slides from Astral Resources Nl's conference presentation, Feb 18, 2025
Slide 1: RIU Explorers Conference Presentation (ASX Announcement)
ASX Announcement ASX: AAR 18 FEBRUARY 2025 RIU Explorers Conference Presentation Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to advise shareholders and investors that its Managing Director, Marc Ducler will present at the RIU Explorers Conference in Perth today, Tuesday 18th Fe
Slide 2: Building Kalgoorlie's next 100kozpa gold producer
Building Kalgoorlie’s next For personal use only 100kozpa gold producer astralresources.com.au RIU Explorers | February 2025 Marc Ducler, Managing Director
Slide 3: 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
Slide 4: 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 5: Astral Resources and Maximus Resources Merger
Astral Resources and Maximus Resources Merger Merger represents a compelling premium to Maximus’ undisturbed share price: For personal use only 61% premium to 24 December 2025 67% premium to 30-day VWAP 48% premium to 12-month high 144km2 of primarily 175% premium to 12-month low contiguous
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 • Request for quotation (RFQ) have been streams underway to support lodgment of issued to several mining contractors, three For personal use only necessary applications in late 2025 responses received thus f
Slide 8: Corporate Overview
Corporate Overview Significant Shareholders: Shares on Issue 1,243M For personal use only Market Capitalisation A$174.0M (at $0.14 per share) Options / Rights Board & Management 4.0% 70.8M/18.4M Braham Entities 6.9% (Ave exercise price 12.1c) Burke Entities 6.5% 1832 Asset Management 6.4% Cash on Ha
Slide 9: 1.47Moz in Mineral Resources and growing
1.47Moz in Mineral Resources and growing Deposit Astral Resources Combined Group Mineral Resource Estimate Classification Tonnes (Mt) Grade (g/t Au) Au Metal (koz) Indicated 17 1.1 573 For personal use only July 2023 Mandilla MRE Theia Inferred 12 1.1 447 Total 29 1.1 1,021 Indicated 0.4 0.8 11 From
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 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
Slide 11: Mandilla's Theia Deposit – 1Moz in a single large open pit
Mandilla’s Theia Deposit – 1Moz in a single large open pit For personal use only • Four-hole / 1,762m in-fill diamond drill program has been completed at Theia: • MDRCD917 – 154 gram-metres2 • MDRCD918 – 1,079 gram-metres • MDRCD919A – 172 gram-metres • MDRCD920A – 199 gram-metres • Averaged 401 gra
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$19/oz dis
Slide 13: Kamperman – High-grade gold
Kamperman – High-grade gold For personal use only Hole FRC378 recently returned 1m at 419g/t Au from 75m as part of a broader intercept of 25m at 24.3g/t Au from 68m astralresources.com.au ASX:AAR | 12
Slide 14: Kamperman – Continues to grow
Kamperman – Continues to grow For personal use only Recent in-fill drilling on one section delivered: • 33m at 3.75g/t Au from 58m including 3m at 14.8g/t Au from 75m in FRC387; • 22m at 4.44g/t Au from 105m including 2m at 25.9g/t Au from 121m in FRC388; and • 22m at 5.21g/t Au from 149m including
Slide 15: Why invest with Astral?
Why invest with Astral? For personal use only Strong balance sheet, Tier 1 location, in the Compelling financial Exploration upside Experienced board, funded through to FID heart of Kalgoorlie metrics, simple bulk- at both Mandilla experienced and with a share Goldfields, scale mining and and Feysvi
Slide 16: Core Value Proposition
Core Value Proposition For personal use only Well funded with strong share register Located in the heart of the Goldfields Robust positive Scoping Study 1.5Moz Resource base and growing Theia – 1Moz in a single pit Significant growth potential PFS scheduled June Quarter 2025 astralresources.com.au A
Slide 17: Appendix – Consolidated Mineral Resources
Appendix 1 – Consolidated Mineral Resources Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au)4 Classification Tonnes (Mt) Gold (g/t) Ounces (koz) For personal use only Indicated 21 1.1 694 Inferred 17 1.1 571 Total 37 1.1 1,265 Mineral Resource Estimate for the Fey
Slide 18: Appendix – Mandilla Scoping Study
Appendix 2 – Mandilla Scoping Study Key Physicals Assumptions UOM Input Key Financial Assumptions Gold Price Assumed A$/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 19: 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