Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Shareholder Meeting (November 2023)
31 slides from Yandal Resources's shareholder meeting presentation, Nov 28, 2023
Slide 1: A New Era of Discovery in the Yandal Belt
https://investorhub.yandalresources.com.au/link/LPZoBy For personal use only A New Era of Discovery in the Yandal Belt AGM Presentation | November 2023 ASX:YRL yandalresources.com.au https://investorhub.yandalresources.com.au/link/LPZoBy 1
Slide 2: Important Information Disclaimers
IMPORTANT INFORMATION DISCLAIMERS FORWARD LOOKING STATEMENT COMPETENT PERSONS STATEMENT This presentation has been prepared by Yandal Resources Ltd (“Yandal” or “YRL”). The information contained in this presentation is a The information in this document that relates to Exploration Targets, Explorati
Slide 3: Key Investment Highlights
SIGNIFICANT DISCOVERY POTENTIAL KEY INVESTMENT HIGHLIGHTS Strategically Located Projects For personal use only Real Potential For Significant Discoveries Initial Exploration Target At Ironstone Well- Barwidgee: 0.44Moz to 1.78Moz Au* Current Resource Inventory of 0.47Moz Au Focused, Funded, Technica
Slide 4: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE* SHAREHOLDERS* A STRONGLY SUPPORTIVE SHARE REGISTER 234.7M 73.8M Board, Management, Founders Shares On Issue Options/Perf Rights For personal use only Gold Road Other ~$6.0M $0.093 Cash Share Price ~$21.8M ~$15.8M Market Cap Enterprise Value Au Xingao ~$33 ~83% E
Slide 5: Board & Management
BOARD & MANAGEMENT SUCCESSFUL BOARD & MANAGEMENT TEAM EXPLORATION & DEVELOPMENT | PROJECT FINANCE | STRATEGY | GOVERNANCE Tim Kennedy Greg Evans Katina Law For personal use only Managing Director & CEO Non Executive Chairman Non Executive Director BApp Sc (Geol), MBA, MAusIMM, MGSA BCom, DipApp Fin,
Slide 6: Strategically Located Projects
SIGNIFICANT DISCOVERY POTENTIAL STRATEGICALLY LOCATED PROJECTS Flagship Project Ironstone Well – Barwidgee: Flagship Project • Tenements cover > 53km of strike between Jundee and Bronzewing For personal use only Mt McClure • >12km long gold system on granted mining leases located 15km south-west of
Slide 7: The Yandal Greenstone Belt
SIGNIFICANT DISCOVERY POTENTIAL THE YANDAL GREENSTONE BELT A true Tier 1 gold belt • +20Moz endowment and growing For personal use only • Numerous deposits ranging from +1Moz to +10Moz Strong potential for further discoveries • Relatively short exploration history (ca. 30 years vs. +100 years in oth
Slide 8: A Scientific Approach Needed
IRONSTONE WELL & BARWIDGEE A SCIENTIFIC APPROACH NEEDED > 50m – Moderately Effective > 100m – Mostly Effective All the ingredients for a discovery • 53km of strike (370km2) For personal use only • Regional and second order structures • Prospective stratigraphy Underexplored • Complex regolith • Comm
Slide 9: Strategy
IRONSTONE WELL & BARWIDGEE STRATEGY Minerals system approach to exploration targeting including independent consultants with a track-record of discovery to help develop targets For personal use only Rank targets based on empirical and conceptual merit • Focus on prospects with potential for large-sc
Slide 10: Targeting a Gold Camp
IRONSTONE WELL & BARWIDGEE TARGETING A GOLD CAMP Ironstone Well Gold Camp Exploration Target:* 7.9 to 23.0Mt, grading between 1.3 to 1.6 g/t Au, for 0.32Moz to 1.17Moz For personal use only Exploration Target does not include the current Inferred Resource at Flushing Meadows of 268,000oz @ 1.1g/t Au
Slide 11: Oblique
OBLIQUE For personal use only > 1.9km long system along the Barwidgee Shear Magnetic feature beneath weathering profile Extensive regolith anomalism Coincident with regolith anomalism Open down-dip and along-strike and in parallel lode positions Yet to be tested and explained by bedrock drilling Com
Slide 12: Oblique – Marwari Comparison
IRONSTONE WELL & BARWIDGEE Oblique Prospect OBLIQUE – MARWARI Surface COMPARISON Oblique cross-section at same scale as Strickland’s “BOCO” (ASX:STK) Marwari discovery* in the northern Yandal Belt For personal use only Similar depth of Base Of Complete Oxidation “BOCO” in both settings Adjacent hole
Slide 13: Oblique Composite Long Section
IRONSTONE WELL & BARWIDGEE OBLIQUE COMPOSITE LONG SECTION For personal use only ASX: YRL | YANDALRESOURCES. COM. AU 13
Slide 14: Quarter Moon
IRONSTONE WELL & BARWIDGEE QUARTER MOON > 1.5km long system Intercepts include: For personal use only • 3m @ 11.0g/t Au from 80m (CYPFRC6) • 8m @ 2.7g/t Au from 141m (GCMQTMC6) • 12m @ 2.0g/t Au from 5m (YRLRC479) Open down-dip and along-strike Dolerite-hosted mineralisation (quartz-magnetite granop
Slide 15: New England Granite
IRONSTONE WELL & BARWIDGEE NEW ENGLAND GRANITE New England Granite (NEG) • 4.4 x 2km buried granitic intrusion For personal use only • Mineralisation along the eastern margin • Historic regolith anomalies • Common setting for gold deposits (e.g. King of the Hills, Ramone, Montague) New England Grani
Slide 16: Next Steps
IRONSTONE WELL & BARWIDGEE NEXT STEPS Oblique • ~2,500m RC (November 2023) For personal use only • 1,000-1,500m DDH (2024) • Confirm internal continuity and lode geometry • Extend Mineralisation to the south • Test mineralisation within fresh rock Quarter Moon • ~2,900m RC (2024) • Confirm internal
Slide 17: Mt McClure: Resource Growth and New Discovery
MT MCCLURE RESOURCE GROWTH AND NEW DISCOVERY >12km long gold system on granted mining leases Located adjacent to Northern Star’s (ASX: NST) Orelia mining operation (1.1Moz) and 15km For personal use only from the 1.8 Mtpa Bronzewing processing plant (care and maintenance) Historical mining from shal
Slide 18: Gordons
GORDONS TIER 1 LOCATION Strategic Ground Position • Tenements cover ~56km 2 For personal use only • 30km from Kalgoorlie • Within haulage distance to multiple gold processing plants • Low threshold for development • Consolidation has started (e.g. NST acquisition of HRZ exploration tenements*) Compe
Slide 19: Next Steps: Very Active Work Program
NEXT STEPS VERY ACTIVE WORK PROGRAM Projects Q4 - CY2023 Q1 - CY2024 Q2 - CY2024 Integrate external target generation study “Wet” season For personal use only results & update geological model Ironstone Well RC Drill test Oblique +/- Assess drilling results and plan next phase RC Drill test Oblique,
Slide 20: Key Investment Highlights
YANDAL RESOURCES HIGHLIGHTS KEY INVESTMENT HIGHLIGHTS Strategically Located Projects For personal use only Real Potential For Significant Discoveries Initial Exploration Target At Ironstone Well-Barwidgee: 0.44Moz to 1.78Moz Au* Current Resource Inventory of 0.47Moz Au Focused, Funded, Technically D
Slide 21: For Further Info
For personal use only For further info Contact Tim Kennedy +61 (0)8 9389 9021 yandal@yandalresources.com.au Or come chat at the YRL Booth Lvl 1, Suite 5, 62 Ord St West Perth, WA, 6005 ASX:YRL yandalresources.com.au 21
Slide 22: Relevant Previous ASX Announcements
YANDAL RESOURCES LIMITED Relevant Previous ASX Announcements Further details relating to the information provided in this Presentation can be found in the following Yandal Resources Limited ASX announcements: • Yandal Investor Update (1/11/2023) • Exploration Update - Gordons Gold Project (27/05/21)
Slide 23: Mineral Resource Summary
YANDAL RESOURCES LIMITED MINERAL RESOURCE SUMMARY For personal use only Due to the effects of rounding, totals may not represent the sum of the individual components. 1- Reported above 0.5g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 4 November 2020 for full detail
Slide 24: Appendix 1: Exploration Target
IRONSTONE WELL & BARWIDGEE Appendix 1: Exploration Target The potential quantity and grade of the exploration target is conceptual in nature and, The lower range target grade was derived from the average grade of intercepts, including therefore, is an approximation. There has been insufficient explo
Slide 25: Appendix 1: Exploration Target (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 1: Exploration Target (Continued) The lower range target grade was derived from the average grade of intercepts, including New England Granite RAB/AC, which increased by 20%, based on the assumption that the grade improved The Exploration Target for the New Englan
Slide 26: Appendix 2: JORC Code (2012) Table 1, Sections 1 and 2
IRONSTONE WELL & BARWIDGEE Appendix 2: Ironstone Well-Barwidgee Gold Project JORC Code (2012) Table 1, Sections 1 and 2 Mr Christopher Oorschot, Exploration Manager of Yandal Resources, compiled the information in Section 1 and Section 2 of the following JORC Table 1 and is the Competent Person for
Slide 27: Appendix 2: (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 2: (Continued) For personal use only 27
Slide 28: Appendix 2: (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 2: (Continued) For personal use only 28
Slide 29: Appendix 2: (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 2: (Continued) For personal use only 29
Slide 30: Appendix 2: (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 2: (Continued) For personal use only 30
Slide 31: Appendix 2: (Continued)
IRONSTONE WELL & BARWIDGEE Appendix 2: (Continued) For personal use only 31
Yandal Resources — Shareholder Meeting (November 2023) on 6ix