Astral Resources Nl · ASX:AAR
Astral Resources Nl — Resources Rising Stars 2022 Gold Coast Conference
22 slides from Astral Resources Nl's conference presentation, Jun 6, 2022
Slide 1: AAR to present at the Resources Rising Stars Gold Coast Conference
ASX Announcement 6 June 2022 AAR TO PRESENT AT THE RESOURCES RISING STARS For personal use only GOLD COAST CONFERENCE Astral Resources NL (ASX: AAR) (AAR, Astral or the Company) is pleased to advise that Managing Director Marc Ducler will be presenting at the 2022 Resources Rising Stars Investor Con
Slide 2: Closing in on One Million Ounces
For personal use only Closing in on One Million Ounces RRS 2022 Gold Coast Conference Presentation Managing Director – Marc Ducler June 2022 ASX:AAR astralresources.com.au
Slide 3: Disclaimer
Disclaimer For personal use only 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 pro
Slide 4: Key Investment Highlights
Key Investment Highlights For personal use only • Total gold Mineral Resource inventory of 27Mt at 1.1g/t Au for 900koz contained gold1 • Mandilla contains a 2.5km Mineral Resource envelope with mineralised trend open to the south • Rapidly growing the Mandilla Mineral Resource with 3 MRE’s complete
Slide 5: Corporate Overview
Corporate Overview For personal use only AAR Share Price Chart Shares On Issue Market Capitalisation $0.14 4,000,000 596.2M $53.7M (at $0.09 per share) 3,500,000 $0.12 3,000,000 Options / Rights Cash on Hand $0.10 Share Price (A$/Share) 15.2M/16.5M $4.8M 2,500,000 Volume (m) (Ave exercise price 22c)
Slide 6: Experienced Board with Proven Success
Experienced Board with Proven Success For personal use only Leigh Warnick Justin Osborne Peter Stern David Varcoe Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Leigh Warnick is an Mr Osborne has over 30 Is a graduate of Monash David Varcoe is a mining ex
Slide 7: Management Team that has Delivered
Management Team that has Delivered For personal use only Marc Ducler Brendon Morton Jed Whitford Julie Reid Managing Director Chief Financial Officer & General Manager Geology Manager Company Secretary Business Development and Projects Marc Ducler has over 20 Brendon has over 20 years Jed is a Minin
Slide 8: Accelerating Exploration at Mandilla
Accelerating Exploration at Mandilla For personal use only ASX:AAR 7
Slide 9: Mandilla Gold Project Overview
Mandilla Gold Project For personal use only Overview • 14km2 land package located in a premier gold mining jurisdiction 70km south of Kalgoorlie • Total MRE at Mandilla has grown to 24Mt at 1.0g/t Au for 784,000 oz of contained gold • Astral has increased Mandilla MRE by 57% in the last 8 months. •
Slide 10: Mandilla Gold Project – MRE
Mandilla Gold Project – MRE For personal use only Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) Classification Tonnes (Mt) Gold (g/t) Ounces (koz) Indicated 10 1.0 331 Inferred 14 1.0 453 Total 24 1.0 784 The preceding statement of Mineral Resources conforms to
Slide 11: Mandilla's High-Grade Core at Theia
Mandilla’s High-Grade Core at Theia For personal use only Purple disk indicates an intersection of 10g/t Au or higher ASX:AAR 10
Slide 12: Mandilla Gold Project Drilling update
Mandilla Gold Project Drilling update For personal use only Recently released diamond drilling results: • Eight DD holes drilled in Theia, all eight hit significant mineralisation with total gram x metre2 intercepts averaging 114 g.m2 • 25m at 10.57g/t Au from 206m in MDGT007 located within the pit
Slide 13: For personal use only
For personal use only ASX:AAR 12
Slide 14: For personal use only
For personal use only ASX:AAR 13
Slide 15: Outstanding Metallurgy
Outstanding Metallurgy De-risking a Mandilla Development For personal use only Head Au Grade (g/t) Au Extraction (%) Reagents (kg/t) Grind Size Tail Au Grade Comp ID % of Assay P80(µm) Assay Calc. Grav 4-hr 8-hr 48-hr (g/t) NaCN Lime Grade OXIDE 75 0.68 0.92 135% 68.8 96.9 96.9 98.4 0.02 0.32 0.32 O
Slide 16: Mandilla Gold Project Future Work Program
Mandilla Gold Project Future Work Program For personal use only Theia Deposit • DD targeting high grade shoot extensions on western margin • Close spaced DD to refine high-grade shoot controls Iris Deposit • RC drilling testing for structural displacement of mineralisation to the NE Eos Deposit • AC
Slide 17: Feysville Gold Project Overview
Feysville Gold Project For personal use only Overview • 11km2 land package located in the premier Eastern Goldfields province • 14km south of the 70Moz Kalgoorlie Super Pit • 50km north north-east of Mandilla • MRE of 3Mt at 1.3g/t Au for 116,000 oz of contained gold3 • Other Feysville targets with
Slide 18: Feysville Gold Project Prospectivity
Visible gold on contact with ultramafic (UM) unit – hanging wall to the Think Big deposit, unlikely to have been effectively tested. UM Feysville Gold Project For personal use only contact tested twice by historical drilling with 7g/t Au in FDH005 and 16g/t Au in FDH009 Prospectivity • Desktop targe
Slide 19: Upcoming Activities
Upcoming Activities For personal use only Continued AC, RC Update to the Mandilla and DD drilling at Mineral Resource Update to the Mandilla Mandilla to grow estimate, incorporating Resource estimate, the MRE beyond 2021 DD program, 2022 incorporating 2022 DD program AC & 2022 RC programs Progress t
Slide 20: Why invest in Astral?
Why invest in Astral? For personal use only Promising Closing in on Outstanding Exploration Targets 1,000,000 oz Metallurgy Quality Board & Strategically Positioned Management in Tier 1 Location 19
Slide 21: Appendix: Mineral Resource Estimates
APPENDIX 1 For personal use only Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) Classification Tonnes (Mt) Gold (g/t) Ounces (koz) Indicated 10 1 331 Inferred 14 1 453 Total 24 1 784 Mineral Resource Estimate for the Feysville Gold Project (Cut-off Grade >0.5 g/
Slide 22: 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 22
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