Astral Resources Nl · ASX:AAR
Astral Resources Nl — Investor Presentation (October 2021)
14 slides from Astral Resources Nl's investor presentation, Oct 14, 2021
Slide 1: Mandilla: On the road to 1,000,000ozs
Mandilla On the road to 1,000,000ozs The Boom in a Room Investor Conference 14th October 2021 (ASX : AAR) AAR| October 2021 Boom in a Room Investor Conference
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Premier Mining Jurisdiction
Premier Mining Jurisdiction ● 14.2km2 land position at Mandilla, 70km south of Kalgoorlie ● Within a well-endowed structural setting known to host gold camps of up to 2Mozs ● Adjacent to the sealed Goldfields Highway ● NO 3rd PARTY ROYALTIES1 1 ASX announcement 31 August 2020 AAR| October 2021 Boom
Slide 4: Corporate Overview
Corporate Overview AAR| October 2021 Boom in a Room Investor Conference
Slide 5: Advancing Mandilla to a project of significant scale
Advancing Mandilla to a project of significant scale In the last 11 months, AAR has: ● Reported assay results for 250 drill-holes for over 36,000m of drilling; ● Provided metallurgy results that demonstrate Mandilla to be exceptionally high recovery (above 95%), free-milling gold deposit at relative
Slide 6: Mandilla Gold Project on geology map
Mandilla Gold Project on geology map ● The Mandilla deposit is hosted within in a primarily monzonitic intrusive. ● Mandilla East occurs at a bend and structural-break confluence in the host intrusive ● At Mandilla South, it is located closer to the sediment-intrusive contact, which may be responsib
Slide 7: Mandilla Gold Project on detailed magnetics
Mandilla Gold Project on detailed magnetics ● The mineralisation at Mandilla is within a broadly de-magnetised part of the intrusive, this provides circumstantial evidence that altering fluids and/or heat has preferentially taken affect. ● It is a vein-hosted Mineral Resource within the intrusive. T
Slide 8: Exploration potential to continue to grow Mandilla
Exploration potential to continue to grow Mandilla ● Regional scale de-magnetised zones at structural intersections ● Movement/changes in the sediment-intrusive contact ● Lateral extrapolations of known intersections beyond the current Mineral Resource envelope Significant potential exists to grow M
Slide 9: MGP – Mineral Resource Estimate 19.8Mt @ 1.0g/t for 664.6koz
MGP – Mineral Resource Estimate 19.8Mt @ 1.0g/t for 664.6koz (unclassified mineralisation shown below the optimised pit shell constrained at AUD$2,500 gold price) Maiden MRE of 15.6Mt at 1.0g/t for 500.4koz in May 2021 82 days later and after incorporating 53 holes for 7,650m – MRE increased by 33%
Slide 10: 665,000oz MRE is growing along the south-east extension and to the south
665,000oz MRE is growing along the south-east extension and to the south Extensional drilling released post the latest MRE includes: ● 1.4m at 28.03g/t Au from 165m in MDGT004; ● 34m at 1.46g/t Au from 64m plus 28m at 1.23g/t Au from 118m in MDRC472; ● 10m at 3.36g/t Au from 59m plus 61m at 1.14g/t
Slide 11: Mandilla East
Mandilla East ● Robust pit shell, relatively insensitive to gold price ● Just under 90% of the Mineral Resource Estimate still optimises at $2,000 AUD gold price ● MDRCD377 returned: 13.8m at 0.91g/t from 139.7m; 14.4m at 2.89g/t from 169.4m; 64.6m at 3.49g/t from 190.0m. ● MDRCD377 included laminat
Slide 12: South-east extension
2 South-east extension ● MDRC 472, 473 and 476, demonstrate significant ability to increase Mineral Resources in the south- east extension, which remains open to the north and south AAR| October 2021 Boom in a Room Investor Conference
Slide 13: Investment Takeaways
Investment Takeaways ● Key management team have demonstrated previous success ● AAR remains well-funded with $9.8m in cash as at 30 June 2021 ● 665,000ozs in Mineral Resources, 33% growth on the Maiden MRE achieved inside 3 months after only 7,650m of new drilling incorporated ● Significant diamond
Slide 14: The Boom in the Room Investor Conference Mandilla
The Boom in the Room Investor Conference Mandilla On the road to 1,000,000oz AAR| October 2021 Boom in a Room Investor Conference
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