Miramar Resources Limited · ASX:M2R
Miramar Resources — Investor Presentation (October 2021)
20 slides from Miramar Resources's investor presentation, Oct 13, 2021
Slide 1: Miramar Resources Ltd Investor Update October 2021
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” INVESTOR UPDATE - OCTOBER 2021 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
Miramar Resources For personal use only ▪ WA-focussed mineral explorer ▪ Actively exploring two highly prospective projects in the Eastern Goldfields of WA • Gidji JV • Glandore ▪ Additional opportunities in the Eastern Goldfields, Murchison and Gascoyne ▪ Strategic land position in emerging Bangema
Slide 4: Corporate Overview
Corporate Overview For personal use only Experienced Board ASX Code M2R Allan Kelly • Geologist/Geochemist/Manager Shares on Issue 56.3M (Exec. Chairman) • 30 years experience in mineral exploration, development and production (Australia/Nth America) Market Cap. (@ 20c) $10.1M • Founding MD, Doray M
Slide 5: Exploring on Kalgoorlie's doorstep
Exploring on Kalgoorlie’s doorstep For personal use only ▪ Three underexplored gold projects in the Eastern Goldfields of Western Australia • Gidji JV (80%) • Glandore (100%) • Randalls (100%) ▪ Proximity to numerous operating gold mines and processing plants 5
Slide 6: Gidji JV (80%)
Gidji JV (80%) For personal use only Paddington Kanowna Belle ▪ 15km north of Kalgoorlie via Goldfields Highway ▪ Located within major regional Gidji JV structure - along strike from several major gold deposits • Paddington (4 Moz) Mt Charlotte • Boorara (0.45Moz) Fimiston Kalgoorlie • Zoroastrian/E
Slide 7: Gidji JV: Underexplored strategic land position
Gidji JV For personal use only Underexplored strategic land position ▪ Extensive transported cover obscures prospective geology/structures ▪ Underexplored – most drilling <50m ▪ Aircore drilling has identified multiple new targets including a “Paddington lookalike” at Marylebone ▪ Additional targets
Slide 8: Marylebone: Potential for a large new gold discovery
Marylebone For personal use only Potential for a large new gold discovery close to Kalgoorlie ▪ Dilational jog in Boorara Shear Zone crosscut by later N-S structures ▪ Similar geology, structure and scale to 4Moz Paddington deposit ▪ Extensive +2km long aircore gold anomaly with multiple results >2g
Slide 9: Paddington deposits
Paddington deposits For personal use only (at same scale) Geology Structure Scale Targeting competent mafic rocks (i.e. dolerite) sandwiched between less competent UM/seds (Witt, 2016) 9
Slide 10: Gidji – Next Steps
Gidji – Next Steps For personal use only Marylebone ▪ Infill aircore and extend to NW ▪ Extend ground magnetic survey ▪ RC drilling Southern Targets ▪ Soil sampling over “The Jog” ▪ Infill aircore (Railway) ▪ RC drilling (Piccadilly/Railway/The Jog) Northern Targets (new tenements) ▪ First pass airc
Slide 11: Glandore
Glandore For personal use only ▪ 100% owned project 40km E of Kalgoorlie ▪ Close to existing/proposed gold mining/processing infrastructure ▪ Under-explored due to lake cover ▪ Similar geological setting to ▪ Majestic (0.48Moz) ▪ Trojan (0.12Moz) ▪ Maiden lake drilling campaign completed – awaiting
Slide 12: Glandore
Glandore For personal use only ▪ Layered mafic complex intruded by granodiorite ▪ >2.5km regolith gold anomaly with several historic aircore/RAB holes >1g/t Au ▪ Limited DDH east of granodiorite • Bedrock results up to 6m @ 29.8g/t Au • W-dipping veins at mafic/granite contact ▪ Drilling south of la
Slide 13: Randalls
Randalls For personal use only ▪ E25/596 recently granted ▪ Located 70km E of Kalgoorlie ▪ Folded BIF adjacent to 1.5Moz “Mt Belches” gold operations (SLR) ▪ High-grade rock chips along strike at “Pryde” and “Logan” prospects ▪ Poorly explored with minimal drilling of BIF fold hinges ▪ Aircore +/- R
Slide 14: Additional discovery opportunities
Additional discovery opportunities For personal use only Murchison region ▪ Lang Well/Lakeside – Underexplored greenstone belts near Deflector and Dalgaranga Gascoyne region ▪ Whaleshark - folded BIF under Carnarvon Basin ▪ Bangemall - Strategic landholding in emerging Ni-Cu-PGE province 14
Slide 15: Whaleshark
Whaleshark For personal use only ▪ 30km E of Onslow, WA ▪ Folded BIF intruded by granite pluton ▪ Basement depth ~120m ▪ Prospective for • BIF hosted Au • IOCG ▪ MMI soil sampling outlined large anomalies similar to ▪ Havieron ▪ Minyari ▪ Calibre/Magnum ▪ Infill sampling planned 15
Slide 16: Bangemall: Dooley Downs
Bangemall For personal use only Dooley Downs (Ni-Cu-PGE target) ▪ 2km long target adjacent to crustal-scale structure = potential feeder zone ▪ Proterozoic dolerite sills intruding into sediments (potential sulphur source) ▪ Late-time EM conductors ▪ Cu mineralisation +/- sulphides in nearby quartz
Slide 17: Project pipeline
Project pipeline For personal use only Target Aircore Bedrock Deposit Applications Generation Drilling Testing Delineation Boorara SZ Railway Lakeside Marylebone The Jog Claypan 8-Mile Lake Dooley Glandore Piccadilly Downs West Glandore EL Randalls Randalls Other Whaleshark Glandore Bangemall East L
Slide 18: Indicative 2021/22 work programme
Indicative 2021/22 work programme For personal use only Region Project Sep 21 Qtr Dec 21 Qtr Mar 22 Qtr Jun 22 Qtr Aircore Gidji JV RC/DDH Eastern Aircore Aircore Goldfields Glandore DDH Randalls Aircore Lang Well Aircore Murchison Lakeside Whaleshark MMI geochem Mt Vernon EM Gascoyne Dooley Downs B
Slide 19: Summary
Summary For personal use only Miramar has all the key ingredients to “create shareholder value through discovery” ▪ People ▪ Projects ▪ Active and well funded Since listing in Oct 2020, Miramar has: ▪ Outlined multiple new targets at Gidji JV including a potential large new gold discovery at Maryleb
Slide 20: For personal use only
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