Miramar Resources Limited · ASX:M2R
Miramar Resources — RIU Resurgence Conference 2021
19 slides from Miramar Resources's conference presentation, Dec 2, 2021
Slide 1: Miramar Resources Ltd
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” RIU Resurgence Conference – December 2021 ASX: M2R
Slide 2: Disclaimer/Competent Person Statement
Disclaimer/Competent Person Statement For personal use only Forward-Looking Statements Statements in this presentation which are not statements of historical facts, including but not limited to those relating to the proposed transactions, are forward-looking statements. These statements instead repr
Slide 3: Miramar Resources - Investment Highlights
Miramar Resources - Investment Highlights For personal use only Gidji JV (80%) • Strategic land position within major mineralised structure 15km N of Kalgoorlie • Potential large new gold discovery at Marylebone • Multiple targets identified for drill testing Glandore (100%) • Underexplored project
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code M2R Substantial Shareholders % Shares on Issue 56.3M XGS Pty Ltd (Allan Kelly) 11.9 Shareholders ~780 Faraday Nominees Pty Ltd 6.2 Market Capitalisation (@ 22c) $12.4M Top 20 42.3 Cash/Investments (30 Sept 21) $4.2M Board/Management 13.0 Enterprise V
Slide 5: Gidji JV (80%)
For personal use only Paddington Kanowna Belle Gidji JV (80%) Gidji JV Potential for a large new gold discovery on Kalgoorlie’s doorstep… Mt Charlotte Fimiston Kalgoorlie (Super Pit) 5
Slide 6: Gidji JV
Gidji JV For personal use only Underexplored strategic land position ▪ 15km long segment of major regional structure – “Boorara Shear Zone” ▪ Along strike from large gold deposits: • Paddington (4Moz) • Boorara (0.5Moz) • Zoroastrian/Excelsior (0.8Moz) ▪ Aircore drilling has outlined multiple new ta
Slide 7: Marylebone
Marylebone For personal use only Potential for a large new gold discovery close to existing infrastructure ▪ Geology, structure and scale similar to 4Moz Paddington deposit ▪ 2km gold footprint remains open to NW onto recently granted tenements ▪ Multiple aircore results >2g/t Au across multiple sec
Slide 8: Marylebone – growing rapidly since discovery
Marylebone – growing rapidly since discovery For personal use only 8
Slide 9: Marylebone – Scale
Marylebone – Scale For personal use only Marylebone’s aircore footprint is comparable to De Grey’s recent Hemi gold discovery (Source: De Grey Mining, 17 April 2020) 9
Slide 10: Gidji JV – Next Steps
Gidji JV – Next Steps For personal use only Marylebone ✓ Extend ground magnetic survey ✓ Infill aircore and extend to NW ▪ RC/DDH drilling Southern Targets ▪ Soil sampling over “The Jog” ▪ Infill aircore (Blackfriars/Railway) ▪ RC drilling (Piccadilly/Railway/The Jog) Northern Targets (new tenements
Slide 11: Glandore
Glandore For personal use only Second highly prospective gold project ▪ 40km E of Kalgoorlie ▪ Close to mining/processing infrastructure ▪ Underexplored due to thin lake cover ▪ Similar geological setting to Majestic (0.48Moz) and Trojan (0.12Moz) deposits 11
Slide 12: Glandore – Large gold system outlined under salt lake
Glandore For personal use only Large gold system outlined under salt lake ▪ Layered mafic complex intruded by granodiorite ▪ Historic DDH east of granodiorite • Bedrock results up to 6m @ 29.8g/t Au ▪ Aircore drilling outlines large coherent shallow supergene gold footprint • multiple holes ending i
Slide 13: Randalls
Randalls For personal use only Underexplored BIF along strike from high-grade gold operations ▪ 70km E of Kalgoorlie ▪ Adjacent to 1.5Moz “Mt Belches” gold operations (Silver Lake Res.) ▪ High-grade rock chips along strike at “Pryde” and “Logan” prospects ▪ Minimal drilling of BIF fold hinges ▪ Airc
Slide 14: Additional discovery opportunities
Additional discovery opportunities For personal use only Murchison region ▪ Lang Well/Lakeside – Underexplored greenstone belts near Deflector and Dalgaranga Gascoyne region ▪ Whaleshark – IOCG targets under Carnarvon Basin sediments ▪ Bangemall Projects - Strategic landholding in emerging Ni-Cu-PGE
Slide 15: Whaleshark
Whaleshark For personal use only IOCG targets beneath shallow cover ▪ Overlapping magnetic/gravity anomalies at edge of Proterozoic granite intrusion ▪ Depth to basement ~120m ▪ Large Cu-REE (+/- Au-Ag) anomalies from 1000m x 500m spaced sampling ▪ Peak Cu value 4600ppb • Havieron 710ppb (3.4Moz) •
Slide 16: Bangemall Ni-Cu-PGE Projects
Bangemall Ni-Cu-PGE Projects For personal use only Potential for craton margin Ni-Cu-PGE’s ▪ Dooley Downs • Adjacent to major crustal-scale structures (= potential feeder zone) • Numerous Prot. dolerite sills intruding into sediments (= potential sulphur source) • Late-time EM conductors ▪ Mt Vernon
Slide 17: Project pipeline = substantial upside
Project pipeline = substantial upside For personal use only Target Aircore Bedrock Resource Project Applications Generation Drilling Testing Definition MARYLEBONE Boorara SZ 8-Mile GIDJI JV The Jog Railway Claypan Blackfriars Lake Piccadilly GLANDORE EAST GLANDORE Glandore West Glandore EL RANDALLS
Slide 18: Miramar – creating value through discovery
Miramar – creating value through discovery For personal use only ▪ Experienced Board with track record of discovery, development and production ▪ Potential for large new gold Projects Funding discoveries at Gidji JV and Glandore ▪ Additional opportunities in the Eastern Goldfields, Murchison and Gas
Slide 19: For personal use only
miramarresources.com.au | ASX:M2R