Astral Resources Nl · ASX:AAR
Astral Resources Nl — Resources Rising Stars Gold Coast Investor Conference 2023
16 slides from Astral Resources Nl's conference presentation, May 16, 2023
Slide 1: AAR to present at the Resources Rising Stars Gold Coast Conference
ASX Announcement 16 May 2023 AAR TO PRESENT AT THE RESOURCES RISING STARS GOLD COAST CONFERENCE Astral Resources NL (ASX: AAR) (AAR, Astral or the Company) is pleased to advise that Managing Director Marc Ducler will be presenting at the 2023 Resources Rising Stars Investor Conference on the Gold Co
Slide 2: Building critical mass on Kalgoorlie's doorstep
For personal use only Building critical mass on Kalgoorlie’s doorstep 1.15Moz Resource base across two projects Over 125,000m of drilling in past three years Next Resource due Q3 2023, paving way for Scoping Study in 2H 2023 ASX: AAR astralresources.com.au
Slide 3: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not The information in this presentation that relates to exploration targets and exploration results is based on constitute an offer to issue, or arrange to issue, securities or other financial prod
Slide 4: Key Investment Highlights
Key Investment Highlights • Large, high-quality resource inventory around Kalgoorlie: 32.9Mt at 1.1g/t Au for 1.15Moz contained gold1 For personal use only • Mandilla MRE now stands at 30Mt at 1.1g/t Au for 1.03Moz • The Mandilla MRE has grown by 1Moz in three years, next update due early Q3 2023 •
Slide 5: Corporate Overview
Corporate Overview Shares On Issue Market Capitalisation Share Price For personal use only 718.7M $54.6M 0.120 2500000 (at $0.076 per share) 0.100 2000000 Options / Rights Cash on Hand 46.6M/9.6M $5.0M 0.080 (Ave exercise price 14c) (As at 31 Mar 2023 post raise) 1500000 0.060 1000000 Significant Sh
Slide 6: Corporate & Technical Skills that Deliver
Corporate & Technical Skills that Deliver Board of Directors For personal use only Leigh Warnick Justin Osborne Peter Stern David Varcoe Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Leigh Warnick is an experienced Mr Osborne has over 30 years Is a gradu
Slide 7: Mandilla Gold Project
Mandilla Gold Project • Located in a premier gold mining jurisdiction 70km south of Kalgoorlie • Total MRE at Mandilla has grown to 30Mt at 1.1g/t Au for For personal use only 1,034,000oz of contained gold, the Mandilla MRE has increased by more than 100% in 18 months, adding 1,000,000oz in Mineral
Slide 8: Compelling results from 2022 drilling
Compelling results from 2022 drilling…. • Theia diamond drilling returned 25m at 10.57g/t Au from 206m in MDGT007, 32.3m at 5.44g/t Au from 175.7m and For personal use only 15.07m at 2.24g/t Au from 269.93m in MDRCD511, 283-gram metres2 in MDRCD644 including; 16.0m at 2.12g/t Au, 47.9m at 0.74g/t Au
Slide 9: Mandilla – December 2022 MRE Update
Mandilla – December 2022 MRE Update THEIA 33% increase – 220,000oz added from 6,447m of drilling – 2023 diamond drilling averaging 114-gram metres – points to further resource growth For personal use only 345 metres EOS IRIS HESTIA 190% increase in ounces, 33% increase in grade – potential for 0.30
Slide 10: First DD holes of 2023 at Mandilla deliver 257 and 183-gram metres
First DD holes of 2023 at Mandilla – deliver 257-gram metres and 183-gram metres For personal use only ASX:AAR | 9
Slide 11: Next holes look even better
– next holes look even better • MDRCD734 and MDRCD735 were drilled on the same azimuth as the 283-gram metre MDRCD644 and the 253-gram metre For personal use only MDRCD660 BUT 40m further to the north-east • Both drill-holes have been logged and 13 instances of visible gold have been observed in eac
Slide 12: 2023 drilling at Hestia delivered significant extensions
2023 drilling at Hestia delivered significant extensions Latest in-fill and extensional drilling will lead to a For personal use only significant increase in MRE at Hestia: • 10m at 6.35g/t Au from 133m in MDRC698 • 6m at 6.07g/t Au from 85m MDRC694 • 8m at 3.61g/t Au from 95m in MDRC690 • 9m at 3.2
Slide 13: Feysville Gold Project
Feysville Gold Project • Located in the premier Eastern Goldfields province, 50km from Mandilla 14km to the 92Moz NST Super Pit • 14km south of the 92Moz Kalgoorlie Super Pit (Golden Mile Deposit) 3 For personal use only • MRE of 3Mt at 1.3g/t Au for 116,000 oz of contained gold4 • Historical high-g
Slide 14: Why invest in Astral?
Why invest in Astral? Jaurdi ~800ktpa Plant Three Mile Hill 1.2Mtpa Plant Lakewood 1.0Mtpa Plant Boorara 11.0Mt @ 1.3g/t for • 1.15Moz and growing – in the heart of the 448koz Au Coogee Eastern Goldfields Greenfields For personal use only 1.0Mtpa Plant 1.4Mt @ 1.0g/t for 49koz Au • Mandilla’s Theia
Slide 15: Appendices: Mineral Resource Estimates
Appendices Mineral Resource Estimate for the Mandilla Gold Project (Cut-off Grade >0.39 g/t Au) 5 For personal use only Classification Tonnes (Mt) Gold (g/t) Ounces (koz) Indicated 12 1.1 410 Inferred 18 1.1 624 Total 30 1.1 1034 Mineral Resource Estimate for the Feysville Gold Project (Cut-off Grad
Slide 16: Contact Us
For personal use only Contact Us Suite 2, 6 Lyall St, South Perth, WA, 6151 T: +61 8 9382 8822 E: info@astralresources.com.au ASX:AAR astralresources.com.au 15
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