Astral Resources Nl · ASX:AAR
Astral Resources Nl — South-West Connect ASX Showcase 2023
17 slides from Astral Resources Nl's conference presentation, Oct 19, 2023
Slide 1: South-West Connect Presentation ASX Announcement
ASX Announcement 19 October 2023 SOUTH-WEST CONNECT PRESENTATION Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to announce its participation in the South-West Connect ASX Showcase. Astral’s Managing Director, Marc Ducler, will be presenting today at 2:30pm (AWST) at the South-Wes
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
Slide 3: 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 constitute an offer to issue, or arrange to issue, securities or other financial prod
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 789.9M $64.7M 0.100 300000 (at $0.082 per share) 0.090 250000 Options / Rights Cash on Hand 0.080 46.6M/9.6M $4.1M 0.070 (Ave exercise price 14c) (proforma as at 200000 30 Sep 2023) 0.060 0.050 150000 Signific
Slide 6: Corporate & Technical Capability
Corporate & Technical Capability Board of Directors For personal use only 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 graduate of Mo
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 1,265,000oz of 22km to the +20Moz St Ives Gold Mine contained gold • Robust Scoping Study Outcome – producing 1
Slide 8: July 2023 MRE – Provided the critical mass for Scoping
July 2023 MRE – Provided the critical mass for Scoping 1,600,000oz Group MRE, 1,381,000 1,400,000oz For personal use only Group MRE, 1,150,000 • July 2023 MRE added 1,200,000oz 231,000oz at a discovery cost 1,000,000oz of $18 per oz, including a 69% Group MRE, 781,000 800,000oz increase in Indicated
Slide 9: Mandilla Scoping Study summary
Mandilla Scoping Study summary • Simple open pit mining For personal use only • 3-stage crushing, single-stage ball mill, CIL processing • 2.5mpta mill throughput • 1.3g/t head grade for first 7.4yrs, 1.04g/t over LOM • 95.7% gold recovery • 5.7:1 strip ratio at Theia, 6.1:1 strip ratio overall • 8-
Slide 10: Mandilla Scoping Study financials
Mandilla Scoping Study financials Key Financial Assumptions Gold Price Assumed A$/oz 2,750 Discount Rate % 8.00 For personal use only Key Project Metrics 800 800 Payable Metal Koz 845 700 700 Gold Revenue A$M 2,325 600 600 Mining Costs – Total A$M 877 Mining Costs – Pre-Production (capitalised) A$M
Slide 11: Theia Deposit – 1Moz in a Single Open Pit
Theia Deposit – 1Moz in a Single Open Pit For personal use only • Theia’s scale is only surpassed by: • Super Pit (NST) • Red Hill (NST) in the Kalgoorlie region • Current Resources limited by depth of drilling – still open at depth ASX:AAR | 10
Slide 12: Feysville Gold Project
Feysville Gold Project 14km to the 92Moz NST • 14km south of Kalgoorlie Super Pit 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 gold1 Au for 116koz • 2,850m RC recently completed at Kamperman, Hyperno and Ethereal • Hyperno – 2m at 16.09g
Slide 13: Kamperman potential
Kamperman potential • Mineralisation concentrated along a For personal use only lithological contact – almost untouched by historical drilling – significant potential along strike and at depth has been demonstrated with recent drilling • Recent best results include: • 4m at 94.84g/t • 13m at 9.06g/t
Slide 14: Why invest in Astral?
Why invest in Astral? Gold price sensitivity Scoping Study based on a robust Mineral Resource Estimate Base Case For personal use only Gold Price AUD/oz 2500 2625 2750 2875 3000 Comprehensive scoping study – arguably NPV Pre-Fi na nce, Pre-ta x AUD m 305 374 442 511 579 Preta x IRR % 54% 64% 73%
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 ASX:AAR | 14
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
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