Estrella Resources Limited · ASX:ESR
Estrella Resources — Investor Presentation (April 2019)
16 slides from Estrella Resources's investor presentation, Apr 4, 2019
Slide 1: Shareholder Presentation: High-Grade Nickel & Former Producing Gold Mine
SHAREHOLDER PRESENTATION For personal use only HIGH-GRADE NICKEL & FORMER PRODUCING GOLD MINE KAMBALDA (WESTERN AUSTRALIA) April 2019
Slide 2: Disclaimer & Declaration
Disclaimer & Declaration This presentation has been prepared by Estrella Resources Limited (“ESR”) as a summary of the company’s exploration and development activities, with particular reference to the Carr Boyd Ni/Cu Project near Kalgoorlie, WA. For personal use only No Offer of Securities The pres
Slide 3: Capital Structure
Capital Structure CAPITAL STRUCTURE MAJOR SHAREHOLDERS For personal use only SHARES ON ISSUE Apollo Phoenix Res P/L (Management) 15% • 530,383,292 Guiyun Wang 5.0% Mariner Mining 4.9% OPTIONS ON ISSUE Kylie Campbell 4.0% • 8,250,000 2.4c exercise Mar 2020 (UNLISTED) Douglas Daws 2.5% • 5,500,000 5c
Slide 4: Gold and Nickel Strategy
Gold and Nickel Strategy GOLD STRATEGY NICKEL STRATEGY For personal use only EXPLORATION EXPLORATION • Drilling to discover extensions to and increase known • Drilling to discover extensions to and increase known JORC Resource at Munda Gold Project. JORC Resource at Munda Nickel Sulphide Project. •
Slide 5: Munda Gold Project
Munda Gold Project NEAR-TERM PRODUCING ASSET??? For personal use only • Previously mined high-grade gold deposit located 3km west of Mincor Resources Ltd (MCR:ASX) producing Widgiemooltha Gold Project (Kambalda). • Numerous gold toll milling facilities exist within economic trucking distance of the
Slide 6: Munda Gold Project
For personal use only Munda Gold Project • Programme of Work (POW) approval (expected April 2019) for the drilling of interpreted high- grade gold structures located in and around the historic Munda open cut gold mine. • Mining pit optimisation studies currently underway. • Currently engaging with f
Slide 7: Why Nickel???
For personal use only Why Nickel??? Image is a direct slide from the presentation released by Independence Group Ltd ASX Release 3 April 2019 - Goldman Sachs Emerging Leaders Conference Shareholder Presentation , April 2019 7
Slide 8: Munda Nickel Sulphide Project
Munda Nickel Sulphide Project • JORC Code 2012 reported Inferred Mineral resource of: 240,000t @ 2.36% Ni for 5,676 tonnes of contained Nickel*. For personal use only • Deposit is separate from the gold mineralisation at Munda Gold and interpretation of metallurgy on the core samples will be conduct
Slide 9: Carr Boyd - Significant Ni Sulphide Potential
Carr Boyd- Significant Ni Sulphide Potential THE NEXT WORLD CLASS NICKEL DISCOVERY?? For personal use only • 100% owned Carr Boyd Ni/Cu Project, located 80km NNE of Kalgoorlie, WA. • Discovered by a Great Boulder Mines Ltd and North Kalgurli JV between 1969 – 1972 and acquired by and mined by WMC fr
Slide 10: High Priority Nickel Sulphide - Target
For personal use only High Priority Nickel Sulphide – Target 5 TARGET 5 • EM Target 5 is on strike from known Nickel sulphides. • Target 5 is defined by a 450m long zone of highly anomalous nickel and copper mineralisation in drilling, located approximately 100m north of the newly defined EM conduct
Slide 11: High Priority Ni Sulphide - Target cont..
High Priority Ni Sulphide – Target 5 cont.. TARGET 5 For personal use only • A “Voisey Bay” style model has not been adequately explored within the CBLC. This represents a compelling exploration target opportunity which the Company will aggressively pursue. • The EM conductor is discrete and moderat
Slide 12: High Priority Nickel Sulphide - Target A
High Priority Nickel Sulphide – Target A TARGET A For personal use only • This is a conceptual satellite style target located on an interpreted fault outside of the CBLC, in the footwall sequence. • The target area also appears in the Titan and Yilgarn Mining reports (previous owners), although the
Slide 13: Carr Boyd - Ni/Cu Mineralisation Tenor
For personal use only Carr Boyd – Ni/Cu Mineralisation Tenor • Carr Boyd Rocks massive sulphide typically grades 6% nickel and 2% Copper. • Nickel tenor in a similar range to Nova-Bollinger, but the copper ratio is higher. Shareholder Presentation , April 2019 13
Slide 14: Spargoville Nickel Project
Spargoville Nickel Project • Recent results released exceeded expectation and include*: o 15m at 10.45% Ni, 0.78% Cu, 0.20% Co, 0.87g/t Pb, and 1.15g/t Pt For personal use only from 20m in KWC0004 o 5m at 11.32% Ni, 0.54% Cu, 0.21% Co, 0.42g/t Pd, and 0.22g/t Pt from 61m in KWC0001 o 3m at 12.90% Ni
Slide 15: Milestones & Newsflow - 2019
Milestones & Newsflow – 2019 Munda Gold Project • For personal use only Drilling approval for the drilling of interpreted high-grade gold structures (April 2019) • Commence drilling to test potential to grow existing resource (May 2019) • Drilling results due and commencement of revised resource cal
Slide 16: Contact - Thank you
For personal use only Contact – Thank you Nickel sulphides in drill core from Spargoville. Name: Mr Chris Daws Position: CEO – Estrella Resources Ltd (ESR:ASX) Email: c.daws@nimbusmines.com.au Telephone: +61 8 9481 0389 Website: www.estrellaresources.com.au Shareholder Presentation , April 2019 16
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