Miramar Resources Limited · ASX:M2R
Miramar Resources — Shareholder Meeting (March 2025)
28 slides from Miramar Resources's shareholder meeting presentation, Mar 31, 2025
Slide 1: Gold and Critical Minerals Exploration - General Meeting Presentation
For personal use only Gold and Critical Minerals Exploration General Meeting Presentation 31 March 2025
Slide 2: Disclaimer/Competent Person Statement
Disclaimer/Competent Person Statement Forward-Looking Statements For personal use only 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 – Highlights
Miramar – Highlights For personal use only Key Eastern Goldfields Projects • Gidji JV – emerging gold camp 15km north of Kalgoorlie • Glandore - Mining Lease pegged over high- grade gold project • Randalls – major new land position on underexplored regional structure Potential “Company Makers” • Ban
Slide 4: Aim and Strategy
Aim and Strategy RECORD GOLD PRICE For personal use only Aim: “To create shareholder value through discovery” Strategy: ▪ Acquire underexplored projects in (potential) world-class mineral provinces ▪ Recognise similarities with known deposits ▪ Systematic exploration using best practise ▪ Maximise i
Slide 5: Eastern Goldfields
KANOWNA GIDJI JV BELLE For personal use only 8 Mile Dam (313koz Au) Eastern Goldfields Strategic land position in world- MOUNT class gold province CHARLOTTE KALGOORLIE KALGOORLIE SUPER PIT
Slide 6: Gidji JV (80%)
Gidji JV (80%) “The cheapest house in the best street” For personal use only ▪ 15km N of Kalgoorlie via major highway ▪ Surrounded by multiple major gold deposits and gold processing plants ▪ Immediately adjacent to Northern Star Resources Ltd’s 313koz “8 Mile Dam” deposit Key ingredients for a new
Slide 7: Gidji – an emerging gold camp
Gidji – an emerging gold camp Marylebone For personal use only ▪ Multiple aircore results >5g/t Au ▪ Large alteration and pathfinder footprints Blackfriars ▪ Black Flag/mafic contact (= Paddington) ▪ High-grade EOH intersection - open to north Highway ▪ Multiple >1g/t Au results ▪ Open to north 8-Mi
Slide 8: Gidji – multiple discoveries under paleochannel
Gidji – multiple discoveries under paleochannel For personal use only Marylebone ▪ Multiple results >5g/t Au within Boorara Shear Zone Blackfriars Marylebone ▪ Black Flag/mafic contact ▪ 11.8g/t Au EOH intersection open to north Blackfriars Highway ▪ Multiple >1g/t Au results Highway ▪ Open to north
Slide 9: Glandore (100%)
Glandore (100%) ▪ 40km east of Kalgoorlie – surrounded by For personal use only existing/proposed processing infrastructure ▪ High-grade gold results at contact between granite and layered mafic sill ▪ Large aircore gold footprint under lake ▪ Mining Lease application pegged Oct ‘24 9
Slide 10: Randalls (100%)
Randalls (100%) Major strategic land position (590km2) along For personal use only underexplored Randall Fault Randalls North ▪ Multiple historic gold results over 30km strike: • 11km long aircore gold anomaly on salt lake • Untested 6km segment at Reef Tank Well • Multiple significant RAB/RC inters
Slide 11: Bangemall Projects
For personal use only Bangemall Projects Exploring for giant Cu-Ni-Co- PGE deposits in a new mineral province 11
Slide 12: Bangemall Projects
Bangemall Projects Miramar’s Bangemall Projects are located For personal use only within WA’s Proterozoic Capricorn Orogen Proterozoic orogens host large mafic intrusion-related Cu-Ni-Co-PGE deposits ▪ Noril’sk/Talnakh – the world’s largest and most valuable mineral deposits ▪ Voisey Bay, Raglan, Ea
Slide 13: The Warakurna Large Igneous Province (LIP)
The Warakurna Large Igneous Province (LIP) Widespread mafic intrusive For personal use only (Howard et al, 2013) event @ 1070Ma ▪ West Bangemall - Kulkatharra Dolerite sills ▪ Glenayle Dolerite ▪ Giles Complex - (Nebo- Babel-Succoth) Prospectivity recognised by GSWA, Geoscience Australia and CSIRO ▪
Slide 14: First mover in a new nickel-copper province
First mover in a new nickel-copper province Key ingredients for Noril’sk- style mineralisation: For personal use only ✓ Extensive volume of mafic magma with evidence of crustal contamination ✓ Deep crustal-scale faults and cross-cutting faults ✓ Sulphur-rich sediments ✓ Regional-scale geochem and EM
Slide 15: Bangemall – “Noril’sk-style” deposit model
Bangemall – “Noril’sk-style” deposit model For personal use only 5. Ni-Cu-Co-PGE sulphides Kulkatharra Dolerite concentrate in trap sites 6. Depleted magma dyke-sill system (“chonoliths”) Collier Basin 3. Sulphur saturation occurs Ni-Cu-Co-PGE sulphides form 4. Differentiation cumulate minerals form
Slide 16: Bangemall – Mount Vernon and Trouble Bore
Bangemall – Mount Vernon and Trouble Bore Mount Vernon RC drilling For personal use only ✓ Differentiated dolerite sills ✓ Mafic cumulate rocks ✓ Disseminated pentlandite and chalcopyrite ✓ Sulphate minerals Trouble Bore ▪ Historic EM anomaly at intersection of dolerite sill and feeder dyke ▪ Diamon
Slide 17: Mt Vernon – cumulate rocks and Ni-Cu sulphides
Mt Vernon – cumulate rocks and Ni-Cu sulphides Mafic/UM cumulate rocks Micro-XRF analysis confirms presence of disseminated For personal use only = evidence for differentiation pentlandite and chalcopyrite within mafic cumulate rocks Average undifferentiated Kulkatharra Dolerite Mafic cumulate rocks
Slide 18: Whaleshark
For personal use only Whaleshark Large copper-gold and magnetite iron project Fe
Slide 19: Whaleshark – copper-gold and magnetite project
Fe Whaleshark – copper-gold and magnetite project ▪ Northwestern extension of For personal use only Capricorn Orogen ▪ Proterozoic metasediments, magnetite-BIF, and granitoid beneath Cretaceous sediments ▪ Basement depth ~100m ▪ Surrounded by significant infrastructure: • Major highway • Gas pipelin
Slide 20: Whaleshark – large copper and/or gold targets
Fe Whaleshark – large copper and/or gold targets For personal use only Copper-gold (IOCG?) MMI ▪ MMI Cu-Au-U-REE anomalism Cu-Au anomaly WSDD002 ▪ Anomalous Cu in aircore holes Copper sulphides WSAC035 1m @ 0.16g/t Au ▪ Alteration and REE signatures suggest IOCG potential ▪ Copper sulphides intersec
Slide 21: Interface aircore results indicate IOCG potential
Fe Interface aircore results indicate IOCG potential Aircore drilling to basement For personal use only Tertiary Prominent Hill Unconformity 2. Detrital monazite grains retain REE “signature” Cretaceous sediments Unconformity Forbes et al, 2016 1. Monazite crystals within IOCG deposit IOCG Whaleshar
Slide 22: Billion tonne magnetite Exploration Target
Fe Billion tonne magnetite Exploration Target* For personal use only Tonnage Range Grade Range (Mt) (Fe %) Domain Lower Upper Lower Upper Whaleshark 128 384 25 30 Blackfish North 158 1,050 Blackfish South 126 919 TOTAL (Mt) 411 2,353 25 30 Cautionary Statement: The Exploration Target has been prepar
Slide 23: Miramar – (Proforma) Corporate Snapshot
Miramar – (Proforma) Corporate Snapshot For personal use only Allan Kelly ASX Code M2R Executive Chairman •+30 years’ exploration-development-production experience Current shares on issue 396.8M •Founding MD, Doray Minerals Ltd (2009-2016) •AMEC “Prospector” Award – 2014 T1 Placement (15%) 59.5M Mar
Slide 24: Summary - Why Invest in Miramar?
Summary - Why Invest in Miramar? For personal use only Upside People • Funded for • Track record discovery in of discovery, 2025 development • Huge and leverage to production discovery Projects • Emerging gold camp at Gidji JV • Potential for large Cu-Ni-PGE deposits 24
Slide 25: Proposed 2025 Work Programmes
Proposed 2025 Work Programmes For personal use only Gidji JV ▪ Aircore drilling • Marylebone/Blackfriars/Highway ▪ Bedrock RC/diamond drilling • Blackfriars/8-Mile (+/- The Jog) Bangemall ▪ Diamond drilling at Trouble Bore (EIS-funded) ▪ Airborne Mag/EM survey over new tenements ▪ Further mapping an
Slide 26: For personal use only
For personal use only T:+ 61 8 6166 6302 | E: info@miramarresources.com.au
Slide 27: Chain Pool
Chain Pool SEDEX mineralisation For personal use only ▪ “Joy Helen” - historic Pb-Zn-Ag-Cu mine ▪ New high-grade rock chips over 400m strike • 5.49% Cu, 42.0% Pb and 73.5 g/t Ag • 5.43% Cu, 36.7% Pb and 36.0g/t Ag • 7.23% Cu, 26.7% Pb, 59.5g/t Ag, 0.8g/t Au ▪ Geochemistry/alteration consistent with
Slide 28: Carnarvon Sands
Carnarvon Sands ▪ Coastal embayment with heavy mineral strandlines For personal use only north of the mouth of the Gascoyne River ▪ The 79,000km2 Gascoyne River catchment contains multiple hard-rock REE deposits (Yangibana, YIN) ▪ Along with traditional Heavy Mineral Sands, limited previous explorat