Goldarc Resources Limited · ASX:GA8
Goldarc Resources — Investor Presentation (February 2023)
22 slides from Goldarc Resources's investor presentation, Feb 15, 2023
Slide 1: Company Presentation
Rob Longley Managing Director Company Presentation 15 FEBRUARY 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by and issued by Asra Minerals Limited ABN 72 002 261 565 Information on the JORC Mineral Resources presented, together with JORC Table 1 information, is (Asra or Company) to assist in informing interested parties about the Company and should not be con
Slide 3: Acknowledgement of Country
Acknowledgement of Country At Asra Minerals, we acknowledge the traditional owners of the land upon which we meet today in Fremantle/Walyalup, the Whadjuk people and extend that respect to all Aboriginal and Torres Strait Islander peoples living in the region in which we operate. We recognise their
Slide 4: What is Asra Minerals
What is Asra Minerals • A responsible and efficient WA-based exploration Company • Focused on Gold, REE and Critical Mineral exploration projects • A Board of three, comprising: o Paul Summers : Exec Chair: Corp/Commercial Lawyer o Rob Longley* : Managing Director o Mat Longworth* : Non-Exec Directo
Slide 5: Asra’s core exploration projects
Asra’s core exploration projects • Under-explored ~160km2 Gold, REE project in Leonora region – The Mt Stirling Project • Adjacent to Red5’s King Of The Hills Gold Mine • 30km strike length of prospective gold, REE and Critical Minerals • Existing Gold MRE of 152,000oz @ 1.7g/t Au – Viserion and Sti
Slide 6: World-class mining hub
World-class mining hub Close to existing major mining operations including: • Red 5 - King of the Hills • Aeris Resources - Jaguar • St Barbara - Gwalia • Northern Star - Thunderbox *For statement of Resources above refer: 1) RED5 www.red5limited.com/site/operations/king-of-the-hills-underground 2)
Slide 7: Asra’s other interests
Asra’s other interests • Equity holding in Loyal Lithium (LLI) • $2.4M current value* • Gold Joint Ventures with Zuleika Gold (ZAG) and Monger Gold (now LLI) in Kalgoorlie Goldfields region • Ownership of Tarmoola Pastoral Station (purchased for $3M) • $2.6M in cash at end December 2022 • $550,000 i
Slide 8: Corporate overview
Corporate overview Share price Market capitalisation Top shareholders Nova Minerals 8.15% $0.015 $22 M Citicorp Nominees 3.52% Average volume (4wk) 4.27M 14 February 2023 Steele Investments 3.27% Year range $0.014 - $0.042 14 February 2023 Ozzi Pty Ltd 2.19% ATEQ Investment 2.00% Top 20 shareholders
Slide 9: Meet the Board & Executives
Meet the Board & Executives • Legal practitioner since 1985, and • Geologist with over 30 years’ founder of Summers Legal in 1989. experience in global resources • More than 30 years advising clients on across a range of commodities. complex property developments & • Previous CEO/MD of Ardiden Ltd t
Slide 10: Meet our REE Consultant
Meet our REE Consultant Ken Collerson Professor Emeritus, University of Queensland • As Professor of Earth Sciences at University of Queensland, Ken established a world class isotope and trace element geochemical facility. • He is an authority on REE and technology metal mineralisation, shoshonite-h
Slide 11: Asra's triple play exposure
Asra's triple play exposure A solid gold foundation with an emerging HREE and Critical Minerals system Gold Targets • Identified 10 major gold targets including Tyrannus, Hydra, Diorite East and Estera • Gold JORC MRE at Viserion and Stirling Well of 152,000oz Au @ 1.7g/t Au • Litho-Structural analy
Slide 12: Mt Stirling highly prospective for gold 152,000oz Au
Mt Stirling highly prospective for gold • Southern Geoscience completed detail litho- JORC Mineral Resource Estimate* structural data analysis 152,000oz Au • Drilling program in design for March-April to test Priority 1 Gold Targets MS Viserion 26,000oz Indicated (391,000t @ 2.1g/t Au) 111,000oz Inf
Slide 13: Mt Stirling vastly under-explored
Mt Stirling vastly under-explored • Minimal drilling over 30km strike length and 160km2 Tenement area asraminerals.com.au. | ASX: ASR
Slide 14: Asra's Mt Stirling REE Project is VERY RARE
Asra's High ratio of Heavy REEs to total REEs (>60%) Mt Stirling REE Project is VERY RARE Close to surface in soft regolith Very Low Uranium/ Thorium Tier one location existing infrastructure on Asra's own pastoral lease asraminerals.com.au. | ASX: ASR
Slide 15: Mt Stirling Central REEs Deposit
Mt Stirling Central REEs Distribution of Rare Earth Elements Deposit at the Yttria Prospect* Extraordinarily high ratio of HREEs to total REEs >60% Regolith revealing significant levels of enrichment in Critical Minerals Scandium and Cobalt Results from another 298 REE drillholes at Yttria still pen
Slide 16: Mt Stirling REEs Deposit
Mt Stirling REEs Deposit • REE mineralised corridor currently is 5.4km x 1.3km • Large areas at Mt Stirling still not explored • Understanding controls on REE distribution to plan next programme asraminerals.com.au. | ASX: ASR
Slide 17: Mt Stirling “Yttria” REEs Deposit
Mt Stirling “Ytttia” REEs Deposit • Identical chemistry to global ionic clay systens • REE mineralisation occurs in clay asraminerals.com.au. | ASX: ASR
Slide 18: What’s different about Mt Stirling’s Yttria and Wishbone Prospects
What’s different about Mt Stirling’s Yttria and Wishbone Prospects • Exists on the same gold property – no acquisition costs, new discovery • Near surface, less than 30m deep • Low U & Th concentrtions • High Heavy REE content – High-value Terbium • Still in discovery mode, lots of upside exploratio
Slide 19: Some of the REEs grades we have intercepted to date
• 10m @ 743ppm TREYO + 70ppm Sc2O3 from 7m; inc 2m @ 1351ppm TREYO + 68ppm Sc2O3 from Some of the REEs 9m; and 1m @ 1529ppm TREYO + 67ppm Sc2O3 from 10m (MSAVC0044) grades we have • 12m @ 557ppm TREYO + 82ppm Sc2O3 from 8m; intercepted to date* inc 1m @ 1335ppm TREYO + 66ppm Sc2O3 from 19m (MSAVC000
Slide 20: What is Asra planning?
What is Asra planning? Major plan to tick off on priority Metallurgical options and expand the REE Resource Footprint ✓ Reporting pending REE assay results from a further 298 drillholes at Yttria ✓ Strengthening an experienced, cost-effective, and responsible Exploration team ✓ Compiling a rigorous
Slide 21: Our sustainability commitment
Our sustainability commitment Asra is committed to best practices of delivering value through sustainable development Environmental Community & People and stewardship social Investment governance • Operate safely and care for our people, stakeholders and the environment • No environmental non-compli
Slide 22: Get in touch
Get in touch ASRA Minerals Limited T: +61 8 9420 8208 E: info@asraminerals.com.au asraminerals.com.au 104 Colin Street West Perth, Western Australia 6005
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