Astral Resources Nl · ASX:AAR
Astral Resources Nl — Anglo Australian Resources NL — Shareholder Meeting (November 2013)
25 slides from Astral Resources Nl's shareholder meeting presentation, Nov 29, 2013
Slide 1: Optimised Approach – Sensible Diversification
For personal use only Anglo Australian Resources Anglo Australian Resources NL Optimised Approach – Sensible Diversification November 2013
Slide 2: Disclaimer
Anglo Australian Resources For personal use only Anglo Australian Resources Disclaimer The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Anglo Australian Resources NL (“AAR”) nor does it
Slide 3: Agenda
Agenda Anglo Australian Resources For personal use only Corporate Summary Investment Highlights Our Interests Key Projects: Leonora (base metals/gold) Mandilla (gold) Joint Venture Projects: Koongie Park (base metals/gold) Victoria River (base metals) Current Activity/News Flow Directors and Managem
Slide 4: Corporate Summary
Anglo Australian Resources Corporate Summary For personal use only ASX Code AAR Shares on Issue 920 million* Unlisted 97 million Options Share Price $0.003 Market $2.7 million Capitalisation Cash and Bonds $280,000 Major 17.9% Shareholders Board and 5.4% Management * 1 for 10 consolidation currently
Slide 5: Investment Highlights
Anglo Australian Resources Investment Highlights For personal use only • Diversified and advanced exploration portfolio – gold and base metals • Targeting projects with large scale potential • Maximise exploration effort – minimise overheads • Optimise opportunities • Well-credentialed Board and Man
Slide 6: Our Interests
Anglo Australian Resources Our Interests For personal use only • Key Projects: Leonora (100%) Mandilla (100%) • Joint Venture Projects: Victoria Downs (100%) Koongie Park (100%) • New opportunities - ongoing
Slide 7: Key Projects
Key Projects Anglo Australian Resources For personal use only Leonora (100% - base metals/gold) Mandilla (100% - gold)
Slide 8: Key Projects - Leonora
Key Projects - Leonora Anglo Australian Resources For personal use only Directly south and along strike from the established and highly mineralised Teutonic Bore – Jaguar corridor 20 km along strike to Anglo’s tenement boundary
Slide 9: Key Projects – Leonora
Key Projects – Leonora Anglo Australian Resources Strong VMS target (with coincident copper anomaly) identified for drilling. For personal use only Significant potential for Jaguar-Bentley-Teutonic Bore repeat.
Slide 10: Key Projects - Leonora
Key Projects - Leonora Anglo Australian Resources For personal use only Initial air-core drilling delivers all the right ingredients Down-hole EM conductors identified Felsic volcaniclastic Chalcopyrite and Pyrrhotite stringers Chalcopyrite and Pyrrhotite in mafics
Slide 11: Key Projects - Leonora
Key Projects - Leonora Anglo Australian Resources For personal use only Drilling and identified down-hole EM targets strengthening the case for something ‘special’ LRCD001 Sulphidic black shale Off hole conductor Target LRCD002 Sulphidic black shale Off hole conductor Target
Slide 12: Key Projects - Mandilla
Key Projects - Mandilla Anglo Australian Resources For personal use only • Produced 20,620 ounces from Mandilla open pit • Current Inferred Resource at Mandilla East 357,000t @ 3.3g/t gold (38,000oz) • RAB/AC drill targets identified at West Mandilla • Drilling underway on four targets identified
Slide 13: Key Projects - Mandilla: West Mandilla
Anglo Australian Resources Key Projects - Mandilla For personal use only West Mandilla • 700m long gold (Au) anomaly identified – drilling underway • Several peak areas > 50 ppb • Single RAB traverse completed over central zone • Gold > 0.5g/t over 4m in two holes Peak value of 1.42g/t Au over 2m
Slide 14: Key Projects - Mandilla: Mandilla Southeast
Anglo Australian Resources Key Projects - Mandilla For personal use only Mandilla Southeast • Three target areas identified – RC drilling planned for 4th quarter • Target areas lie along felsic/granite contact and Mandilla structure • Previous AC drilling shallow; Area A: 1m @ 0.72g/t from 54m Area
Slide 15: Joint Venture Projects – Koongie Park
Joint Venture Projects – Koongie Park Anglo Australian Resources For personal use only VMS copper/zinc – JV partners sought – substantial Resource in-place Geophysical firm NewExco conducting in-depth review of work-to-date
Slide 16: Joint Venture Projects - Koongie Park
Joint Venture Projects - Koongie Park Anglo Australian Resources For personal use only Geology – VMS-style deposit in highly favourable setting Bulletin Gold Project Sandiego - copper mineralization
Slide 17: Joint Venture Projects – Koongie Park
Joint Venture Projects – Koongie Park Anglo Australian Resources Identified deposits – Sandiego & Onedin For personal use only Onedin Section 20040mN Sandiego Section 1120mN
Slide 18: Indicated and Inferred Mineral Resources
Joint Venture Projects - Koongie Park Anglo Australian Resources Indicated and Inferred Mineral Resources For personal use only Sandiego Supergene Copper: 370,000 tonnes @ 4.0 % Cu, 2.7% Zn, 48g/t Ag and 0.29g/t Au Copper Zone: 1,140,000 tonnes @ 2.8% Cu, 1.5% Zn, 12g/t Ag and 0.43g/t Au Zinc Zone:
Slide 19: Joint Venture Projects - Victoria River Downs: MMG
Joint Venture Projects - Victoria River Downs Anglo Australian Resources MMG - A mid tier global resources company For personal use only • Explores, develops and mines base metal deposits around the world. Mining Production Century, Qld, Australia Roseberry, Tas, Australia Golden Grove, WA, Au
Slide 20: Option to enter into a JV with MMG
Joint Venture Projects - Victoria River Downs Anglo Australian Resources Option to enter into a JV with MMG For personal use only • Target - Giant Proterozoic Sedex lead/zinc deposits – eg. Century and HYC (MacArthur River). JV with MMG Exploration for exploration and development. • 1st year $500,00
Slide 21: Favourable geology for Sedex deposits
Joint Venture Projects - Victoria River Downs Anglo Australian Resources For personal use only Favourable geology for Sedex deposits
Slide 22: Current Activity – News Flow
Anglo Australian Resources Current Activity – News Flow For personal use only Active exploration program internally and through JV partners Key Projects Leonora - Two off-hole EM targets identified for drilling. $90,000 Western Australian Government grant available Mandilla - Four targets being dril
Slide 23: Directors and Management
Directors and Management Anglo Australian Resources For personal use only Position Name Description Executive Chairman John Jones Former Chairman Troy Resources, North Kalgurli Mines and Jones Mining. Non - Executive Director Troy Resources. Chairman of TSXV listed Altan Rio Minerals Limited and Alt
Slide 24: Investment Highlights
Anglo Australian Resources Investment Highlights For personal use only • Diversified and advanced exploration portfolio – gold and base metals • Targeting projects with large scale potential • Maximise exploration effort – minimise overheads • Optimise opportunities • Well-credentialed Board and Man
Slide 25: Contact Details
Anglo Australian Resources For personal use only Anglo Australian Resources Contact Details Company Chairman Ground Floor John L C Jones 63 Hay Street Unit 6, Level 2, Subiaco WA 6008 2 Richardson Street West Perth Telephone: (08) 9382 8822 Telephone: (08) 9322 4569 Facsimile (08) 6380 1904 Facsimil
Anglo Australian Resources NL — Shareholder Meeting (November 2013) on 6ix