Astral Resources Nl · ASX:AAR
Astral Resources Nl — Brisbane Mining Conference 2023
16 slides from Astral Resources Nl's conference presentation, Mar 22, 2023
Slide 1: Aggressive drilling to drive continued Resource growth in the heart of WA's Eastern Goldfields
For personal use only Aggressive drilling to drive continued Resource growth in the heart of WA’s Eastern Visible Gold in Mandilla diamond drilling Goldfields ✓ 1.15 million ounces ✓ Dual-pronged drilling campaigns ✓ Low discovery cost ✓ Ongoing Resource growth ✓ Tier 1 location ASX:AAR astralresour
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not The information in this presentation that relates to exploration targets and exploration results is based on For personal use only constitute an offer to issue, or arrange to issue, securities o
Slide 3: Key Investment Highlights
Key Investment Highlights For personal use only • Mineral Resource increased to 32.9Mt at 1.1g/t Au for 1.15Moz contained gold1 – Mandilla MRE now stands at 30Mt at 1.1g/t Au for 1.03Moz • The Mandilla MRE has increased by an average 28% every 6 months over the last 18 months • Improved understandin
Slide 4: Corporate Overview
Corporate Overview For personal use only Shares On Issue Market Capitalisation 672.6M $49.8M Share Price (at $0.074 per share) 0.120 2000000 1800000 Options / Rights Cash on Hand 0.100 47.9M/9.6M $3.5M 1600000 (Ave exercise price 14c) (As at 31 Dec 2022) 1400000 0.080 1200000 0.060 1000000 Significa
Slide 5: Corporate & Technical Skills that Deliver
Corporate & Technical Skills that Deliver For personal use only Board of Directors Leigh Warnick Justin Osborne Peter Stern David Varcoe Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Leigh Warnick is an experienced Mr Osborne has over 30 years Is a gradu
Slide 6: Mandilla Gold Project Overview
Mandilla Gold Project Overview For personal use only • 14km2 land package located in a premier gold mining jurisdiction 70km south of Kalgoorlie, additional 3.4km 2 pending for surface infrastructure • Total MRE at Mandilla has grown to 30Mt at 1.1g/t Au for 1,034,000 oz of contained gold, the Mandi
Slide 7: Aggressive 2022 drilling campaigns at Mandilla delivered high-grade results
Aggressive 2022 drilling campaigns at Mandilla delivered compelling high-grade results For personal use only • Theia drilling: • 25m at 10.57g/t Au from 206m in MDGT007 • 32.3m at 5.44g/t Au from 175.7m and 15.07m at 2.24g/t Au from 269.93m in MDRCD511 • 283 gram x metres2 in MDRCD644 including; 16.
Slide 8: Mandilla - December 2022 MRE Update
Mandilla - December 2022 MRE Update For personal use only 220,000oz added from 33% increase THEIA only 6,447m of drilling IRIS EOS HESTIA 345 metres 0.30 - > 0.60 g/t Au Significant unclassified mineralisation 190% increase in ounces, 33% increase in grade – 0.60 - > 2.00 g/t Au has now been drilled
Slide 9: Mandilla – Current drilling programs
Mandilla – Current drilling programs For personal use only • +25,000m RC program currently underway, with: o Extensional and in-fill drilling completed at Hestia along the 1km of identified strike with results pending o Drilling ongoing on the eastern flank of Theia, testing for continuation of high
Slide 10: First diamond hole of 2023 at Mandilla - highlights potential for further growth
First diamond hole of 2023 at Mandilla - highlights potential for further growth For personal use only • MDRCD660 hits multiple zones of quartz, sulphides and visible gold • 10 instances of visible Confirms high-grade zone gold logged within existing Resource • Demonstrating the potential for ongoin
Slide 11: Feysville Gold Project Overview
Feysville Gold Project Overview For personal use only • 27km2 land package located in the premier Eastern Goldfields province 14km to the 92Moz NST Super Pit • 14km south of the 92Moz Kalgoorlie Super Pit (Golden Mile Deposit) 3 • 50km from Mandilla • MRE of 3Mt at 1.3g/t Au for 116,000 oz of contai
Slide 12: Feysville Gold Project
Feysville Gold Project • 4,000m of DD and RC completed in For personal use only January 2023. • First pass test of gold mineralisation below the identified historical oxide gold occurrences • Reinforces potential for Feysville to become a satellite ore source for a THINK BIG - MRE of 3Mt at 1.3g/t A
Slide 13: Rogan Josh and Ethereal
Rogan Josh For personal use only Ethereal ASX:AAR | 13
Slide 14: Why invest in Astral?
Why invest in Astral? Jaurdi ~800ktpa Plant Three Mile Hill • 1.15Moz in the heart of the Eastern Goldfields 1.2Mtpa Plant Lakewood 1.0Mtpa Plant For personal use only Boorara makes Astral impossible to ignore 11.0Mt @ 1.3g/t for 448koz Au Greenfields Coogee • Mandilla hosts 1.03Moz of Mineral Resou
Slide 15: Appendices
Appendices For personal use only Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) 5 Classification Tonnes (Mt) Gold (g/t) Ounces (koz) Indicated 12 1.1 410 Inferred 18 1.1 624 Total 30 1.1 1034 Mineral Resource Estimate for the Feysville Gold Project (Cut-off Grad
Slide 16: 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 Visible Gold in Mandilla diamond drilling ASX:AAR astralresources.com.au 16
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