Astral Resources Nl · ASX:AAR
Astral Resources Nl — Investor Presentation (September 2020)
14 slides from Astral Resources Nl's investor presentation, Sep 18, 2020
Slide 1: The Mandilla Gold Project
The Mandilla Gold Project A significant gold discovery on the doorstep of Kalgoorlie Investor Update September 2020 Marc Ducler, Managing Director (ASX : AAR) Anglo Australian Resources NL| September 2020 Investor Update
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Corporate Overview
Corporate Overview Share price growth Anglo Australian Resources NL| September 2020 Investor Update
Slide 4: Strategic landholding in Goldfields region
Strategic landholding in Goldfields region Mandilla Gold Project ● 14.2km2 land position 60km south of Kalgoorlie ● Located near several gold processing plants, 8mtpa of installed gold processing plant capacity within 50km ● Adjacent to the sealed Goldfields Highway Feysville Gold Project Carnilya H
Slide 5: Mandilla Gold Project
Mandilla Gold Project Consists of 3 tenements: ● M15/633 – AAR (gold rights) ● M15/96 – gold rights ● E15/1404 – AAR Situated in the northern Widgiemooltha greenstone belt in the western part of the Kalgoorlie geological domain It is located on the western margin of a porphyritic granitic intrusion
Slide 6: Mandilla history
Mandilla history ● Purchased in 2003 ● Anglo Australian mined 23,000oz of gold at 7.5g/t Au in 2006 / 2007 ● Minimal exploration until 2019. Targeted bedrock exploration commenced in March 2019 – a relatively new discovery Anglo Australian Resources NL| September 2020 Investor Update
Slide 7: Mandilla – Potential for a Big System
Mandilla – Potential for a Big System ● A plot of peak down-hole gold values demonstrates the prospectivity of the area beyond the current Mandilla East mineralised interpretation. ● The majority are gold-in-regolith results, indicating that mineralisation is widespread and further exploration is re
Slide 8: Mandilla East continues to grow
Mandilla East continues to grow ● Over 1000m of bedrock mineralisation defined at Mandilla East. ● New zone of high-grade mineralisation defined to the south from initial 9,000m RC program and successfully followed up at depth with recent diamond drilling. ● MDRCD191 still in albite/silca alteration
Slide 9: Detailed magnetics highlight further opportunities
Detailed magnetics highlight further opportunities ● Magnetic low anomalies associated with identified structures appear to host mineralisation. ● Extensional targets to the north and south demonstrating these characteristics have been successfully drill tested. ● 10,600m RC program commenced 4 Sept
Slide 10: Mandilla East
Mandilla East ● Demonstrates the presence at Mandilla East of a continuous wide zone of mineralisation, extending from a supergene zone near surface down to a vertical depth of over 250m in the granitic intrusion. ● Remains open at depth ● Presents significant potential for a large-scale open pit op
Slide 11: Mandilla East - southern extension
Mandilla East southern extension Section 2 Mandilla East - southern extension mineralised to -50mRL, 150m deeper then previous deepest intersection. Wide zones of albite/silica alteration, quartz veining and visible gold noted in logging of MDRCD191 and MDRCD 229 MDRCD191 – 10 occurrences of Further
Slide 12: Mandilla South
Mandilla South Mandilla South mineralisation is located 1km along strike from the main Mandilla East mineralised footprint. 500m of strike has been demonstrated. Mineralisation at Mandilla South located closer to the contact with the surrounding sedimentary rocks. Diamond drilling recently completed
Slide 13: Diamond drilling recently completed and 10,600m RC program underway
Mandilla Gold Project - Diamond drilling recently completed and 10,600m RC program underway A new gold discovery in a Tier-1 The Mandilla Gold Project is Early interpretation and modelling location. Adjacent to the sealed growing. The mineralised suggests a low strip ratio open pit Goldfields Highwa
Slide 14: The Mandilla Gold Discovery
Unlocking the potential of a significant gold discovery on the doorstep of Kalgoorlie The Mandilla Gold Discovery Anglo Australian Resources NL| September 2020 Investor Update
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