Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Investor Presentation (June 2019)
22 slides from Yandal Resources's investor presentation, Jun 18, 2019
Slide 1: An Emerging Gold Company
An Emerging Gold Company For personal use only Listed on 14th December 2018 Defining gold Resources and making new discoveries “Tier 1 location close to operating gold mines with potential for >1Moz deposits Well funded with strategic shareholders and Top 20 holding 75% Recent success and
Slide 2: Forward Looking and Competent Persons Statement
Forward Looking and Competent Persons Statement Forward Looking Statement This presentation has been prepared by Yandal Resources Ltd (“YRL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been deriv
Slide 3: Gold Projects
Gold Projects High quality projects in proven Western Australian Greenstone Belts; For personal use only The projects already host significant gold mineralisation on major structures that are underexplored; The Company has already had excellent success at the Flushing Meadows, Flinders Park, R
Slide 4: Capital Structure
Capital Structure Overview Number $ For personal use only Total Shares on Issue 53.48M All time high! Options @ 25c 6.50M Cash (Est, end June.) 3.5M Last major Share Price 0.21 exploration programs on all Market Cap. 11.2M YRL projects! Top 20 Holding 75% % Total Shares Board & Founders Vendors Nort
Slide 5: Board and Management
Board and Management LORRY HUGHES BSc (Geol) MAusIMM KATINA LAW BCom, CPA, MBA, GAICD KELLY ROSS BBus, CPA, AGIA MANAGING DIRECTOR NON EXECUTIVE CHAIR NON EXECUTIVE DIRECTOR For personal use only Mr Hughes is an Economic Geologist with over Ms Law has over 25 years’ experience in the Ms Ross is a Ch
Slide 6: Regional Vision
Regional Vision Discover “Tier 1” gold deposits in proven Western For personal use only Australian Greenstone Belts; Target major structures along strike or adjacent to known gold deposits; Re-interpret historic geological data and explore with modern exploration techniques; Rapid commercial
Slide 7: Lead Project - Ironstone Well and Barwidgee
Lead Project - Ironstone Well and Barwidgee – 100% owned (472km2) 55km strike of contiguous mining tenements over the prospective Yandal Greenstone Belt; Contains multiple gold deposits 70-80km from Jundee, Bronzewing and Wiluna gold plants; For personal use only YRL has discovered substantial
Slide 8: Flushing Meadows – Flagship Project
Flushing Meadows – Flagship Project Occurs along the major regional structure the Barwidgee Shear in deeply weathered terrain; For personal use only Extensive gold system with excellent potential for open pit and underground Resources; Initially targeting a 20km long strike zone to define Reso
Slide 9: Flushing Meadows cont’d
Flushing Meadows cont’d Recent RC drilling has confirmed Flushing Reconnaissance RC Drilling OPEN AT DEPTH Meadows as a substantial oxide gold deposit with For personal use only a strike length of 1.7km1; Assays AND ALONG Pending! STRIKE! Recent 4m composite results were excellent - 1m assays du
Slide 10: Flushing Meadows cont’d
Flushing Meadows cont’d Recent RC drilling on 100m spaced lines along 28m @ 0.74g/t Au (24m) strike intersected wide and consistent oxide OPEN For personal use only 4m @ 0.52g/t Au (48m) mineralisation over the entire 800m tested1; 12m @ 0.22g/t Au (72m) Individual 1m assays due in June/July 201
Slide 11: Flushing Meadows cont’d – Schematic Cross Section B – B’
Flushing Meadows cont’d – Schematic Cross Section B – B’ For personal use only Potential for open pit mining 1 Refer to YRL’s Replacement Prospectus dated 19 November 2018 and lodged on the ASX 12 December 2018 10
Slide 12: Flushing Meadows Upside
Flushing Meadows Upside The deposit is only partially tested over 4km along strike both north and south along the Barwidgee For personal use only Shear Zone and at depth; Most historic drilling comprises <50m deep (often Exploration 3m or 20m) vertical holes which are considered to Target be ine
Slide 13: Ironstone Well & Barwidgee Projects – New Discovery Targets
Ironstone Well & Barwidgee Projects – New Discovery Targets Potential for significant new discoveries For personal use only Numerous targets on major structures along strike from known gold deposits which are under-explored; Flinders Park – New Discovery! +700m long anomalous gold in historic RA
Slide 14: Mt McClure – Project Overview
Mt McClure – Project Overview The Success – Parmelia - Challenger trend1 Extensive gold system with excellent potential for Resources at For personal use only depth - >8km strike of drilled mineralisation; Gold within schistose tuffaceous metasediments; >100,000 oz of historic production from
Slide 15: Mt McClure – Success Prospect Cross Section
Mt McClure – Success Prospect Cross Section Success was open pit mined between 1993 - 2010 for ~38,000oz to ~80m vertical depth; For personal use only Historic high grade primary intercepts including; 5m @ 16.08g/t; and 5m @ 11.56g/t at the base of the pit; These combined with unmined inte
Slide 16: Mt McClure – Success Prospect: long section
Mt McClure – Success Prospect: long section For personal use only Consistent, thick and open orebody with limited drilling beneath 150m 1 Refer to YRL’s Replacement Prospectus dated 19 November 2018 and lodged on the ASX 12 December 2018 15
Slide 17: Gordons Gold Project
Gordons Gold Project Located 16km north of Northern Star’s Kanowna Belle Gold Mine; 8 For personal use only Numerous targets focussed on geological contacts between mafic, ultramafic and felsic rocks; RC drilling by YRL at the Gordons Dam prospect to test for oxide and primary mineralisation r
Slide 18: Yandal Resources Investment Summary
Yandal Resources Investment Summary (ASX: YRL) Gold is at attractive price levels and is currently trading well over AUD$1,900/oz; For personal use only YRL has high quality gold projects with a focus on the Yandal Greenstone Belt which is host to “Tier 1” gold deposits and recent discoveries;
Slide 19: Contacts
Contacts For personal use only Panthea Capital Andrew Bald - Principal Level 4, 9-11 York Street Sydney NSW 2000 P: +61 409 758 229 Street Postal Phone / Fax Email / Website Share Registry 159 Stirling Highway PO Box 1104 P: +61 8 9386 4699 lorry.hughes@yandalresources.com.au Grosvenor Place Nedland
Slide 20: Appendix - Project Summary Mt McClure and Gordons
Appendix - Project Summary Mt McClure and Gordons Mt McClure Gold Project 100% – Western Australia (54km2) Situated only 10-28km from the Bronzewing mill owned by Echo Resources Ltd (ASX: EAR); For personal use only Hosts substantial gold mineralisation within large structures which have had lim
Slide 21: Appendix - Gordons Dam Prospect Recent Drilling Results
Appendix - Gordons Dam Prospect Recent Drilling Results 8m @ 7.33g/t Au (35m) incl.1 1m @ 0.71g/t Au (35m) Shallow high grade palaeochannel hosted gold - 1m @ 47.96g/t Au (36m) 15m @ 0.95g/t Au (80m) incl. OPEN 1m @ 1.45g/t Au (38m) For personal use only mineralisation defined over 350m strike len
Slide 22: Appendix - Management Team
Appendix - Management Team LORRY HUGHES BSc (Geol) MAusIMM DR MICHAEL RUANE Ph.D., MRACI ANDREW BALD MANAGING DIRECTOR TECHNICAL CONSULTANT CORPORATE ADVISORY For personal use only Mr Hughes is an Economic Geologist with over Dr. Ruane has an extensive history as a Mr Bald is the Executive Director