Astral Resources Nl · ASX:AAR
Astral Resources Nl — Noosa Mining Investor Conference 2024
23 slides from Astral Resources Nl's conference presentation, Nov 18, 2024
Slide 1: Geology at the Mandilla and Feysville Projects, West Australian Goldfields
Geology at the Mandilla and Feysville Projects, West Australian For personal use only Goldfields astralresources.com.au Noosa Mining Investor Conference | November 2024 Richard Jones, Exploration Manager
Slide 2: 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 3: Additional Information – Visible Gold Observations
Additional Information – Visible Gold Observations Cautionary Note: The Company cautions that visual identification of gold is not an estimate of grade or assay results expected from laboratory analysis. Visible gold is not a proxy or substitute for laboratory analysis. Laboratory assay results are
Slide 4: Moving to Development in a Tier-1 Location
Moving to Development in a Tier-1 Location Mandilla Scoping Study delivered a large For personal use only 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 mo
Slide 5: Corporate Overview
Corporate Overview Shares on Issue Significant Shareholders: 1,157M For personal use only Market Capitalisation $162.0M (at $0.14 per share) Options / Rights 69.6M/16.5M Gold price sensitivity (Ave exercise price 12c) Board & Management 4.1% Gold price (A$/oz) 2,750 3,000 3,500 3,750 4,000 4,100 Bra
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 with a Mr Osborne has over 30 years Is a graduate
Slide 7: Flagship Mandilla Gold Project
Flagship Mandilla Gold Project For personal use only Strategic land Total MRE has Robust Scoping Study package in a grown to 37Mt Outcome – producing premier gold at 1.1g/t Au 100koz pa for the first mining for 1.27Moz seven years and jurisdiction, of contained 845koz over the 11- 70km south of gold
Slide 8: Hestia
(+/-20 m) Hestia 2.9Mt at 0.9g/t Au for 82koz For personal use only of contained gold 2 • MRE has been estimated using a 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 20m x 20m grid spacing o 93% indicated resource @ 0.9
Slide 9: Iris
(+/-20 m) Iris 4.4Mt at 0.8g/t Au for 115koz For personal use only of contained gold 3 • MRE has been estimated using a 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 40m x 40m grid spacing o 9% indicated resource @ 0.8 g
Slide 10: Eos
(+/-20 m) Eos 1Mt at 1.5g/t Au for 48koz of For personal use only contained gold 4 • MRE has been estimated using a 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 20m x 15m grid spacing NEED MOST RECENT MRE o 50% indicate
Slide 11: Theia
(+/-15 m) Theia 29Mt at 1.1g/t Au For personal use only for 1,021koz of contained gold 5 MRE has been estimated using a 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce Drilled to a 20m x 20m grid spacing 59% indicated resource @ 1.1g/t A
Slide 12: Feysville – Icing on the Cake
Feysville – Icing on the Cake • 14km south of Kalgoorlie – potential to yield multiple 100koz scale deposits For personal use only • Recently upgraded MRE: 5Mt at 196koz at 1.2g/t Au 6 • Includes maiden MREs for both the Kamperman and Rogan Josh deposits discovered at an average cost of approximatel
Slide 13: Feysville – Icing on the Cake
Feysville – Icing on the Cake • 14km south of Kalgoorlie – potential to yield multiple 100koz scale deposits For personal use only • Recently upgraded MRE: 5Mt at 196koz at 1.2g/t Au 6 • Includes maiden MREs for both the X-Section Kamperman and Rogan Josh deposits discovered at an average cost of ap
Slide 14: Think Big
Think Big 2.4Mt at 1.1g/t Au for 85.2koz of contained For personal use only gold 7 • Updated Think Big MRE has been estimated using a 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 20m x 15m grid spacing o 62% indicated r
Slide 15: Rogan Josh
Rogan Josh 0.7Mt at 1.3g/t Au for 27.4koz of contained For personal use only gold 8 • 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 40m x 20m grid spacing o 57% indicated resource @ 1.35 g/t Au o 43% inferred resource @
Slide 16: Kamperman
Kamperman 2Mt at 1.3g/t Au for 83.8koz of contained For personal use only gold 9 • 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 25m x 25m grid spacing o 48% indicated resource @ 1.51 g/t Au o 52% inferred resource @ 1.1
Slide 17: Kamperman
Kamperman 2Mt at 1.3g/t Au for 83.8koz of contained For personal use only gold 9 • 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 25m x 25m grid spacing o 48% indicated resource @ 1.51 g/t Au o 52% inferred resource @ 1.1
Slide 18: Kamperman
Kamperman 2.0Mt at 1.3g/t Au for 83.8koz of contained For personal use only gold 0.39g/t Au lower cut-off and is constrained within a pit shell derived using a gold price of A$2,500 per ounce • Drilled to a 25m x 25m grid spacing o 48% Indicated resource @ 1.51 g/t Au o 52% inferred resource @ 1.1 g
Slide 19: Feysville – Icing on the Cake
Feysville – Icing on the Cake • 14km south of Kalgoorlie – potential to yield multiple 100koz scale deposits For personal use only • Recently upgraded MRE: 5Mt at 196koz at 1.2g/t Au 6 • Includes maiden MREs for both the X-Section Kamperman and Rogan Josh deposits discovered at an average cost of ap
Slide 20: Core Value Proposition
Core Value Proposition For personal use only Greenfields open pit opportunity Located in the heart of the Goldfields Robust positive Scoping Study 1.46Moz Resource base and growing 1Moz in a single pit Significant growth potential Experienced team with track record of value creation astralresources.
Slide 21: Appendix: Mineral Resource Estimates
Appendix 1 Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au)10 Classification Tonnes (Mt) Gold (g/t) Ounces (koz) For personal use only Indicated 21 1.1 694 Inferred 17 1.1 571 Total 37 1.1 1,265 Mineral Resource Estimate for the Feysville Gold Project (Cut-off Gra
Slide 22: Appendix: Scoping Study Assumptions
Appendix 2 Key Physicals Assumptions UOM Input Key Financial Assumptions Gold Price Assumed A$/oz 2,750 For personal use only Mining Duration Years 7.8 Processing Duration Years 10.8 Discount Rate % 8.00 Waste Mined kt 160,520 Key Project Metrics Mineral Resource Mined kt 26,476 Payable Metal Koz 84
Slide 23: 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 ASX:AAR astralresources.com.au
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