Astral Resources Nl · ASX:AAR
Astral Resources Nl — RIU Explorers Conference 2024
17 slides from Astral Resources Nl's conference presentation, Feb 15, 2024
Slide 1: ASX Announcement: RIU Explorers Conference Presentation
ASX Announcement 15 February 2024 RIU EXPLORERS CONFERENCE PRESENTATION Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to advise that Managing Director, Marc Ducler will be presenting at the RIU Explorers Conference in Fremantle, today at 2:40pm (Perth time). Shareholders, investo
Slide 2: Kalgoorlie's new gold development story
ASX:AAR astralresources.com.au For personal use only Kalgoorlie’s new gold development story The Mandilla and Feysville gold projects Managing Director Marc Ducler 15 February 2024
Slide 3: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not constitute an The information in this presentation that relates to exploration targets and exploration results is based on information offer to issue, or arrange to issue, securities or other fi
Slide 4: Moving to Development in a Tier-1 Location
Moving to Development in a Tier-1 Location ✓ Mandilla Scoping Study delivered a For personal use only large scale, long-life mine development with robust financials from conservative cost and revenue assumptions ✓ 100kozpa of gold production1 ✓ NPV8 of $442M ✓ Free cashflow of $740M ✓ Payback of ~9
Slide 5: Corporate Overview
Corporate Overview Shares On Issue Market Capitalisation For personal use only Share Price 793.1M $53.1M 0.100 300000 (at $0.067 per share) 0.090 250000 Options / Rights Cash on Hand 0.080 52.6M/15.2M $1.8M 0.070 200000 (Ave exercise price 14c) (31 Dec 2023) 0.060 0.050 150000 Significant Shareholde
Slide 6: Corporate & Technical Capability
Corporate & Technical Capability Board of Directors For personal use only Mark Connelly Justin Osborne Peter Stern David Varcoe Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Mark is a Corporate Executive Mr Osborne has over 30 years Is a graduate of Mona
Slide 7: Flagship Mandilla Gold Project
Flagship Mandilla Gold Project • Strategic land package in a premier gold mining jurisdiction, For personal use only 70km south of Kalgoorlie • Total MRE has grown to 37Mt at 1.1g/t Au for 1.27Moz of contained gold 22km to the +20Moz • Robust Scoping Study Outcome – producing 100koz pa for the St Iv
Slide 8: July 2023 MRE – Achieved critical mass for Scoping
July 2023 MRE – Achieved critical mass for Scoping 1,600,000oz Group MRE, 1,381,000 For personal use only 1,400,000oz Group MRE, 1,150,000 • July 2023 MRE added 1,200,000oz 231,000oz at a discovery cost 1,000,000oz of $18 per oz, including a 69% Group MRE, 781,000 800,000oz increase in Indicated oun
Slide 9: Scoping Study Highlights – long life, profitable mine
Scoping Study Highlights – long life, profitable mine For personal use only Profitable high Funding Robust Simple and +100kozpa Long mine life margin quantum Financials conventional production in reach (post capex/pretax at profile A$2,750/oz Au) 7.8 yrs mining, ASIC 2.5mtpa plant Open pit 1.3g/t av
Slide 10: Scoping Study Highlights – conventional mining & milling
Scoping Study Highlights – conventional mining & milling Mining Waste (Mt) 161 Ore (Mt) 26 For personal use only Mining Total (Mt) 187 • Conventional load and haul mining • 3 open pits make up production target W:O (S/R) 5.8* • ~ 93% mill feed from single pit – Theia • Average mining approx. 20mtpa
Slide 11: Theia Deposit – 1Moz in a Single Open Pit
Theia Deposit – 1Moz in a Single Open Pit • Theia’s scale is only surpassed by: For personal use only • Super Pit (NST) • Red Hill (NST) in the Kalgoorlie region • Current Mineral Resources limited by depth of drilling – still open at depth • Recent RC results include: • 4m at 19.6g/t Au • 32m at 1.
Slide 12: Feysville Gold Project
Feysville Gold Project 14km to the 92Moz NST Super Pit • 14km south of Kalgoorlie For personal use only THINK BIG – MRE of 3Mt at 1.3g/t • MRE of 3Mt at 1.3g/t Au for 116,000oz of contained gold8 Au for 116koz • Three drill campaigns completed in 2023 (2 x diamond and 1 x RC) at Feysville • Hyperno
Slide 13: Kamperman's high-grade potential
Kamperman’s high-grade potential • 13 holes drilled at Kamperman in 2023 For personal use only – significant results returned in seven of those holes • Best results include: • 4m at 94.84g/t • 13m at 9.06g/t • 21m at 4.16g/t • 35m at 2.19g/t • 10m at 4.57g/t • 5m at 5.89g/t • Recent 495m diamond pro
Slide 14: Why invest in Astral?
Why invest in Astral? ✓ Scoping Study based on a robust Mineral Gold price sensitivity Resource Estimate Gold price (A$/oz) 2,500 2,750 3,000 3,250 3,500 For personal use only NPV8 pretax (A$m) 305 442 579 716 854 ✓ Comprehensive scoping study – arguably Pretax IRR (%) 54 73 92 110 127 meets PFS sta
Slide 15: Core Value Proposition…
Core Value Proposition… ✓ Greenfields, not For personal use only brownfields! ✓ Tier-1 location ✓ Robust positive Scoping Study ✓ 1.38Moz Resource base ✓ 1Moz in a single pit ✓ Significant growth potential ✓ Experienced team with track record of value creation 8m at 8.76g/t Au from 386m including 0.
Slide 16: Appendices
Appendices Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) 5 For personal use only Classification Tonnes (Mt) Gold (g/t) Ounces (koz) Indicated 21 1.1 694 Inferred 17 1.1 571 Total 37 1.1 1,265 Mineral Resource Estimate for the Feysville Gold Project (Cut-off Gra
Slide 17: 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