Astra Exploration Inc · TSXV:ASTR
Astra Exploration — Investor Presentation (March 2023)
24 slides from Astra Exploration's investor presentation, March 2023
Slide 1: Epithermal Gold - Silver Discovery in Northern Chile
Epithermal Gold - Silver Discovery in Northern Chile INVESTOR PRESENTATION March 2023
Slide 2: Forward Looking Statements
ABOUT ASTRA EXPLORATION Forward Looking Statements This presentation contains forward-looking statements which reflect the expectations of management regarding the business development objectives and plans of Astra Exploration Ltd “Astra” or the “Company”. All statements, other than statements of hi
Slide 3: A Premier Gold & Silver Exploration Company
ABOUT ASTRA EXPLORATION A Premier Gold & Silver Exploration Company with extraordinary value proposition Unexplored large epithermal system with high-grade gold drill intercepts in an active mining district Uniquely qualified team to explore & develop Pampa Paciencia into a marketable asset Tight sh
Slide 4: Astra Exploration Directors & Advisors
ABOUT ASTRA EXPLORATION Astra Exploration Directors & Advisors DR STUART DARCY DAVID CHARLES SMITH MARUD CAULFIELD FUNK Technical Advisor Director Director Director With over 30 years in exploration, Led exploration teams involved in Over 35 years of experience in Charles has over 13 years of Stuart
Slide 5: Astra Exploration Management
ABOUT ASTRA EXPLORATION Astra Exploration Management BRIAN DIEGO MAHESH ROBERTO ALARCON MILLER GUIDO LIYANAGE BITTNER CEO & Director Exploration Director CFO VP & Country Manager, Chile Brian began working in Diego is a globally-recognized Mahesh is a Chartered Professional Mr. Alarcon has over 30 y
Slide 6: Capital Structure
ABOUT ASTRA EXPLORATION Share Structure: Capital Issued & Outstanding 47.7M Structure Warrants 12M @ $0.26 June 2024 9.1M @ $0.15 March 2025 21.1 M Options (1.95M: 5yr @ $0.35; 150K: 5Yr @ $0.25) 2.1 M $3.4M raised with long-term shareholders & major industry influencers Fully-Diluted 70.8 M • Miche
Slide 7: Underexplored Paleocene Epithermal Belt of Northern Chile
ASTRA EXPLORATION N WHY GOLD IN CHILE Pampa Paciencia Astra Exploration Spence is focusing on the Faride Underexplored Sierra Gorda Paleocene Epithermal Legend Antofagasta Lomas Bayas Belt of Northern Chile Paleocene epithermal San Cristóbal Paleocene Chile is a tier 1 mining jurisdiction porphyry C
Slide 8: Gold-Silver Discovery in an Active Mining District
ASTRA EXPLORATION N PAMPA PACIENCIA Pampa Paciencia Pampa Paciencia- Gold-Silver Discovery Spence in an Active Mining District ASTRA EXPLORATION Impaciencia Faride Fantastic location both logistically and geologically Sierra Gorda Located ~15km from Sierra Gorda & Spence mines Mostly unexplored – di
Slide 9: Positive Results from initial exploration
PAMPA PACIENCIA Positive Results from initial exploration Prospective area greatly expanded beyond previously known mineralization 8.5 km strike length of vein fields as indicated by large (+25 cm) mineralized float samples Early evidence of a large concealed low-sulphidation epithermal (LSE) system
Slide 10: Positive Results from initial exploration
PAMPA PACIENCIA Positive Results from initial exploration Magnetics proving to be very useful Magnetic lows (blue) are highly prospective Several mapped and interpreted veins in regional mag low areas Astra’s work has focused primarily on the North Zone ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF)
Slide 11: Positive Results from initial drilling (Paciencia North Zone)
PAMPA PACIENCIA Positive Results from initial drilling (Paciencia North Zone) Geological model successful at discovering concealed veins – 44 of 45 holes intersected vein structures Drilling confirms over 2 km of vein strike length, averaging 10-15 metres estimated true thickness Good consistency of
Slide 12: Positive Results from initial drilling (Paciencia North Zone)
PAMPA PACIENCIA Positive Results 3 shoots of gold mineralization discovered from initial drilling Wide mineralized intervals (typically 10-30m) (Paciencia North Zone) Newest shoot is open in all directions ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) 12
Slide 13: Positive Results from initial drilling (Paciencia North Zone)
PAMPA PACIENCIA Positive Results Mineralization and geology similar to Faride Mine from initial drilling Paciencia veins are ~4x thicker than average at Faride (Paciencia North Zone) Deepest known hole at Faride is ~200m below surface ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) 13
Slide 14: New Discovery
PAMPA PACIENCIA New Discovery Impaciencia Oeste (Mineralized Outcrop) Surface sample grades up to 5.3 g/t AuEq Veins hosted in rhyolites – a key indicator of high grades at El Peñón 2,000 metres of vein to be confirmed and defined with trenching – March 2023 Three NW-SE mineralized trends in dashed
Slide 15: District-Scale potential within Astra's claim holdings
PAMPA PACIENCIA District-Scale Region hosts over 20km of proven veins potential within Strong evidence of a large regional system Astra’s claim holdings Astra claims host some of the largest known veins ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) 15
Slide 16: District-Scale potential within Astra's claim holdings
PAMPA PACIENCIA District-Scale potential within Astra’s claim holdings Drilling has focused on a small area (white boundary) Very high correlation between known veins and mag low lineaments Over 4 km of vein coincide with mag lineaments in immediate project area Project area (untested mag lineaments
Slide 17: Several similarities with The El Peñón mine
PAMPA PACIENCIA Several similarities with The El Peñón mine El Peñón Discovery* NOV 1992 Occurs within the well-defined Paleocene Discovery float sample epithermal Au-Ag belt 1 g/t Au, 28.7 g/t Ag NOVEMBER 1993 Classic low-to-intermediate sulfidation Initial 13-hole drill program, gold-silver system
Slide 18: Several similarities with The El Peñón mine
PAMPA PACIENCIA Several similarities with The El Peñón mine Commodity 2021 Resource + 1999 – 2020 Total Known Reserve Production Endowment Au 2.5 Moz 5.3 Moz 7.8 Moz Ag 82.7 Moz 134 Moz 216.7 Moz El Peñón Mine, Chile Source: Yamana March 25, 2021 Technical Report https://s28.q4cdn.com/334653565/file
Slide 19: Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics COMPARISON El Peñón veins can be very Pampa Paciencia thin and subtle at surface Intersection and develop into thick high- open at depth and along strike grade veins at depth PP15-007 3.75m @ 7.71 g/t Au, 46.6g/t Ag Exploration that systematicall
Slide 20: Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Source: Yamana Gold 2018 Tech Report Source: Yamana Gold 2017 Site Visit Presentation Surface expressions Ongoing, drill focused, Veins can be obscured by of veins is poor exploration continues to young pampa cover (eg discover additional veins M
Slide 21: Cerro Bayo: HSE-Porphyry Gold Project in "Elephant Country"
DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Project in “Elephant Country” Large underexplored 8x6 km property in the Maricunga – 100% owned by Astra Limited drilling in 1990 (8 holes, 1660m) into a very discrete zone 120 km east of Copiapo – nearby infrastructure and skilled labor Oxide min
Slide 22: Cerro Bayo: HSE-Porphyry Gold Project in "Elephant Country"
DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Project in “Elephant Country” Major mining companies have expressed interest in Astra’s projects Discussions ongoing regarding potential transaction structure Astra’s team and portfolio already attracting attention of tier 1 mining companies Large
Slide 23: Why Astra Exploration
ABOUT ASTRA EXPLORATION Why Astra Exploration Unexplored large epithermal system with high-grade gold drill intercepts in an active mining district Uniquely qualified team to explore & develop Pampa Paciencia into a marketable asset Tight share structure, attractive valuation, strong cornerstone sha
Slide 24: Astra-Exploration.com contact details
+1-604-428-0939 info@astra-exploration.com Astra-Exploration.com 1090 West Georgia Street Suite 700, Vancouver, British Columbia V6E 3V7
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