19 slides from Austral Resources Australia's conference presentation, Apr 5, 2023
Slide 1: Austral Resources Australia Ltd - Future Facing Commodities Conference
For personal use only AUSTRAL RESOURCES AUSTRALIA LTD (ASX:AR1) FUTURE FACING COMMODITIES CONFERENCE DAN JAUNCEY (MD AND CEO) 6th APRIL 2023 1
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS STATEMENT Important Notice and Disclaimer You must read this notice before reading or making any use of this Presentation (defined below) or any information contained in this Presentation. By continuing to read, use or otherwise act on this Presentation, you agree to b
Slide 3: Lady Annie Mine – Proven Producer Since 2007
LADY ANNIE MINE – PROVEN PRODUCER SINCE 2007 LADY ANNIE OPERATIONS HAS BEEN PRODUCING LME GRADE-A COPPER CATHODE FOR OVER 15 YEARS. THE REPLACEMENT For personal use only VALUE OF AUSTRAL’S EXISTING INFRASTRUCTURE AMOUNTS TO A$395M – A$495M. LADY ANNIE HISTORY(1) • Previous Production (2010-2018) by
Slide 4: Corporate Overview
CORPORATE OVERVIEW SHARE PRICE (ASX: AR1) CAPITAL STRUCTURE 0.7 Share Price A$0.29 For personal use only Shares on Issue 527.2M 0.6 Market Cap A$152.9M Achieved positive Production started operating cashflows for Cash A$6.16M at Anthill consecutive 3 months 0.5 Mining Commencement Reached Steady Sta
Slide 5: Anthill Mine - Steady State Production
ANTHILL MINE - STEADY STATE PRODUCTION For personal use only ANTHILL IS AN OPERATING OPEN-PIT COPPER MINE WHICH HAS SIGNIFICANT INVENTORY AND INFRASTRUCTURE IN PLACE. • Currently producing +10Kt p.a. of LME Grade-A Copper Cathode. • Anthill Resources(1) of 12.5MT grading 0.66% Cu (Contained Copper:
Slide 6: Operational Highlights - Anthill
OPERATIONAL HIGHLIGHTS - ANTHILL • Outstanding Sales Revenue of A$35.5m in Q1-2023 For personal use only • All-in-Costs for Jan-23 and Feb-23 were ~US$2.76 per lb. • Combined EBITDA for Jan-23 and Feb-23 was A$6.6m. • Average production rate of 33.3 tonnes per day in Jan-23 and Feb-23. • Consistent
Slide 7: Mine Expansion and Growth Timeline
MINE EXPANSION AND GROWTH TIMELINE LADY ANNIE MINE COMPRISES A MULTITUDE OF COPPER DEPOSITS WITH ALREADY GRANTED MINING & ENVIRONMENTAL For personal use only PERMITS. AUSTRAL AIMS TO ACHIEVE PRODUCTION GROWTH AND EXTENSION OF MINE LIFE BEYOND +10 YEARS ORGANICALLY. CY23 CY24 CY25 CY26 - CY28 CY29 –
Slide 8: Growth and Development Strategy
GROWTH AND DEVELOPMENT STRATEGY AUSTRAL’S TENURE LOCATION IN QLD For personal use only PHASE 1 • Further Drilling to extend mine life at Anthill. • Lady Colleen - Progress recent positive scoping study on large, sulphide open-pit operation. PHASE 2 • Exploration to expand existing Oxide Resources(~8
Slide 9: Phase – Exploration Drilling at Anthill
PHASE 1 – EXPLORATION DRILLING AT ANTHILL CONSISTENT RESOURCE DEFINITION DRILLING WORK HAS BEEN CONDUCTED TO REPLACE DEPLETED RESERVES, UNDERPINNED BY For personal use only A SUBSTANTIAL AMOUNT OF HISTORICAL EXPLORATION WORK. SCHEMATIC PLAN VIEW OF GEOLOGY AND DRILLING ACROSS THE ANTHILL ML • Austra
Slide 10: Phase – Lady Colleen Development
PHASE 1 – LADY COLLEEN DEVELOPMENT THE SCOPING STUDY PREPARED BY CSA GLOBAL ESTIMATES A SUBSTANTIAL NPV7.5% OF ~A$60.5M (PRE-TAX) OVER THE LIFE OF For personal use only MINE – WITH MATERIAL UPSIDE BASED ON CURRENT COPPER PRICE. LADY COLLEEN DRILLHORE MTKD011 @ APPROX. 259M • The scoping study delive
Slide 11: Phase – Exploration
PHASE 2 – EXPLORATION AUSTRAL AIMS TO CONVERT ~84KT OF OXIDE AND ~222.0KT OF SULPHIDE JORC-COMPLIANT MINERAL RESOURCES INTO For personal use only RESERVES AS WELL AS TO EXPAND EXISTING RESOURCES TO LEVERAGE EXISTING INFRASTRUCTURE. REGIONAL INTERPRETATION OF STRUCTURAL LINKAGE BETWEEN MT ISA • The p
Slide 12: Phase – Joint Venture
PHASE 3 – JOINT VENTURE For personal use only AUSTRAL SEEKS FOR THE VALUE-ACCRETIVE JV OPPORTUNITIES TO EVALUATE HIGHLY PROSPECTIVE EXPLORATION POTENTIAL. • In Sep-22, Austral entered into binding earn-in agreements with MIM (a subsidiary of Glencore)1: • To explore for copper oxide over its neighbo
Slide 13: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only AUSTRAL RESOURCES IS A PURE-PLAY AUSTRALIAN COPPER COMPANY, STRATEGICALLY POSITIONED IN A TIER 1 JURISDICTION. Steady State • Austral has reached steady state production of 1,000t of LME Grade-A Copper Cathode in Dec-22. Production • Austral aims to increa
Slide 14: Strong Alignment with ESG Fundamentals
STRONG ALIGNMENT WITH ESG FUNDAMENTALS For personal use only SUSTAINABLE DEVELOPMENT GOALS (SDG) ALIGNMENT SDG CURRENT ALIGNMENT SUMMARY ESG THEME ALIGNMENT Occupational Health and Safety Health, Safety and Wellbeing Management System Water Management Plan Water and Resources Corporate Governance St
Slide 15: Appendix
For personal use only APPENDIX
Slide 16: Austral Copper Prospects
For personal use only AUSTRAL COPPER PROSPECTS PORTFOLIO OF DEVELOPMENT OPPORTUNITIES WITH OVER +410KT OF CONTAINED COPPER IN MINERAL RESOURCES PRODUCTION Anthill (ML) DEVELOPMENT Lady Colleen (ML) PRE-DEVELOPMENT Lady Annie (ML), McLeod Hill (ML), Mt Kelly (ML), Swagman (ML), Mt Clarke (ML), Flying
Slide 17: Mineral Resources
MINERAL RESOURCES1 Measured Indicated Inferred TOTAL Mt Cu (%) Cu (Kt) Mt Cu (%) Cu (Kt) Mt Cu (%) Cu (Kt) Mt Cu (%) Cu (Kt) For personal use only Anthill Oxide 2.26 0.72% 16.27 5.23 0.65% 34.00 0.14 0.37% 0.52 7.63 0.67% 51.12 Transition 0.29 0.90% 2.61 1.82 0.76% 13.83 0.26 0.47% 1.22 2.37 0.74% 1
Slide 18: Mineral Resources (Continued)
MINERAL RESOURCES1(Continued) Mt Clarke Oxide 0.15 0.46% 0.69 0.35 0.43% 1.51 0.02 0.48% 0.10 0.52 0.44% 2.29 Transition 0.41 0.55% 2.26 0.16 0.47% 0.75 0.00 0.46% 0.00 0.57 0.53% 3.02 For personal use only Sulphide 0.36 0.61% 2.20 0.69 0.57% 3.93 0.50 0.55% 2.75 1.55 0.57% 8.84 Total 0.92 0.56% 5.1
Slide 19: Contact Details
CONTACT DETAILS ASX Listed Copper Producer For personal use only with Significant Exploration Upside Austral Resources Australia Ltd (ASX:AR1) Dan Jauncey Managing Director & CEO admin@australres.com +61 73520 2500 Level 9, 60 Edward Street Brisbane City Qld 4000 www.australres.com 19