Asara Resources Limited · ASX:AS1
Asara Resources — Investor Presentation (May 2025)
23 slides from Asara Resources's investor presentation, May 19, 2025
Slide 1: The Kada Gold Project
The Kada Gold Project. Exploration in the heart of the Siguiri Basin, Guinea ASX: AS1 May 2025 asararesources.com
Slide 2: Disclaimer / Forward-looking Statements, Competent Person Statement
ASX: AS1 Disclaimer / Forward-looking Statements Competent Person Statement This presentation has been prepared by Asara Resources Limited document nor any copy thereof may be taken or transmitted in the The information in this report relating to previous exploration results July 2021; Golden Rim Co
Slide 3: Investment Highlights
Investment Highlights ASX: AS1 Strategically located in the MRE of 923Koz Au 1 Growth Potential centre of the prolific Siguiri Massan and Bereko open 15km of prospective strike of Basin in Guinea along strike and down dip which only 10% has been 18% of West African gold explored. Subject to the appro
Slide 4: Corporate & Management Overview
Corporate & Management Overview ASX: AS1 Capital Structure Board & Management A$48.45M A$43.66M A$4.79M Market Cap at A$0.044/Share Enterprise Value Cash Balance (31 Mar 2025) Nil 1.1B 11.3M Brett Montgomery Non-Executive Tim Strong Executive Director Dr. Doug Jones Non-Executive Debt Shares on Issu
Slide 5: Guinea: West Africa's New Gold Rush
ASX: AS1 Population: 13.53 million Low security risk Guinea: West Africa’s New Gold Rush Area: 245,857km2 Mining is 21% of GDP & 84% of export earnings GUINEA ~18% of West African gold World’s third largest production at present producer of bauxite Mining Friendly www.asararesources.com 5
Slide 6: Siguiri Basin in Guinea
ASX: AS1 6.2M oz Au Siguiri (AngloGold Ashanti) 7.9M oz Au Siguiri Basin in Guinea Lefa (Nordgold) Production 221Kozpa Production 207Kozpz Kada Gold Project located in Central Siguiri Basin, Guinea >30M oz Au in operating or development projects in the Basin 0.9M oz Au Centre of the Ancient Bure Gol
Slide 7: Strategically Located in the Heart of the Siguiri Basin
ASX: AS1 Banan – 99km2 Syli – 49km2 Strategically Located in the Under application Under application Heart of the Siguiri Basin Located 35km along strike from AngloGold Ashanti’s Siguiri Gold Mine Siguiri Basin Additional ground applied for increase the Talico – 94km2 Under application contiguous la
Slide 8: Compelling Flagship Kada Gold Project in Guinea
ASX: AS1 Bereko Deposit Compelling Flagship 18koz Inferred Resource Kada Gold Project in Guinea Massan and Bereko Deposits are the foundation of the Kada Gold Project. Key Facts: Inferred/Indicated Mineral Resource: 30.3Mt at 0.95 g/t gold for 923Koz 1 10 km 24% of Current Mineral Resource Estimate
Slide 9: Massan Deposit Upgraded Mineral Resource
KADA GOLD PROJECT, GUINEA ASX: AS1 Massan Deposit Gold Cut-Off Tonnes (Mt) Grade (g/t Au) Metal (oz Au) Grade Upgraded Mineral Resource 0.35 44.1 0.78 1,110,000 Inferred & Indicated Mineral Resource Estimate: 0.4 38.9 0.84 1,050,000 29.72Mt at 0.95g/t gold for 906Koz contained gold 1 0.5 30.3 0.95 92
Slide 10: Massan Deposit Mineral Resource
KADA GOLD PROJECT, GUINEA ASX: AS1 Massan Deposit Mineral Resource Shallow, central oxide core (319Koz @ 1.03g/t gold – 40% indicated) Mineral Resource open along strike and at depth Current Mineral Resource based on 42 DD holes; 199 RC holes (27,219m) Potential to increase tonnage with further spec
Slide 11: Massan and Bereko Resources: Attractive Attributes for Mining
KADA GOLD PROJECT, GUINEA ASX: AS1 Massan and Bereko Resources Attractive Attributes for Mining Shallow, broad, oxide-transitional mineralisation suitable for open pit mining (low stripping) Soft material, potentially free-digging (low-cost mining) Positive scoping-level metallurgical testwork: Free
Slide 12: Massan Deposit: Immediate, low-risk potential for resource growth
KADA GOLD PROJECT, GUINEA ASX: AS1 Massan Deposit Immediate, low-risk potential for resource growth OPEN OPEN OPEN OPEN OPEN North, south, east and west of the Mineral Resource Significant potential increase resources above the current Mineral Resources - Intersections of 15m @ 1.4g/t gold in TRC011
Slide 13: Massan Deposit: Infill and extensional drilling planned for 2025
KADA GOLD PROJECT, GUINEA ASX: AS1 Phase 1 Phase 2 Massan Deposit Infill and extensional drilling planned for 2025 focussed on expanding the resources while enhancing confidence An extensive drilling program has been planned for 2025, comprising 24,000m of Reverse Circulation (RC) drilling and 9,600m
Slide 14: Bereko Deposit Key facts
KADA GOLD PROJECT, GUINEA ASX: AS1 Bereko Deposit Key facts OPEN OPEN OPEN OPEN OPEN Inferred resource of 0.58Mt @ 0.94 g/t gold for 18Koz Drilling outside current resource includes: Mineralisation is open in all directions 9m @ 3.3 g/t gold Located 10km north of Massan Deposit 27m @ 1.2 g/t gold St
Slide 15: Licenses under application along strike from Massan and Bereko
KADA GOLD PROJECT, GUINEA ASX: AS1 Licenses under application AngloGold Ashanti Siguiri along strike from Massan and Bereko Gold Mine Deposits A compelling opportunity to expand current gold resources, complementing the established Massan and Bereko Kintinian Deposits along the main Siguiri minerali
Slide 16: Licenses under application have extensive artisanal workings
KADA GOLD PROJECT, GUINEA ASX: AS1 Banan – 99km2 Under application Syli – 49km2 The licenses under application Under application have extensive artisanal Fatoya workings on the Talico and Kintinian Formation Banan licenses directly along Formation strike of Massan Artisanal workings are predominantl
Slide 17: ESG & Community Initiatives
ESG & Community Initiatives ASX: AS1 Empowering Locals Through Economic Development Committed to Local Economic Development Local Sponsorships Locals are stakeholders – where possible, we Proudly sponsoring education and sports employ local staff, engage local services, and buy teams, strengthening
Slide 18: Generation of further ounces: Indicative Timeline
KADA GOLD PROJECT, GUINEA ASX: AS1 Generation of further ounces Indicative Timeline ASARA EXPANDED LICENCE PACKAGE Mapping, Trenching and Geophysics at the new Talico, Banan and Syli licenses* Auger drilling planned at Talico, if granted Extension of the Massan deposit into Bamfele MASSAN AND BEREKO
Slide 19: Paguanta Silver-Zinc-Lead & Copper Project, Chile
PAGUANTA SILVER-ZINC-LEAD & COPPER PROJECT ASX: AS1 CHILE | 73% OWNED Critical Metals Near-term Mine Development Opportunity Historical silver mine Epithermal silver-zinc-lead and porphyry copper mineralisation 46,700m drilling (diamond, reverse circulation) Partial feasibility study completed by Go
Slide 20: Loreto Copper Project: Partnership with Teck
LORETO COPPER PROJECT ASX: AS1 CHILE | 100% OWNED Strong Partner Current Partnership with Teck Resources Chile Limitada World-class porphyry copper address Untested 2.3km x 1km alteration centre Potential to host a deeper copper porphyry Teck Chile can earn 75% by paying Asara US$0.6 million cash &
Slide 21: Join our shareholder community
Join our shareholder community Matthew Sharples +61 8 6374 2654 Chief Executive Officer info@asararesources.com Asara Resources | ASX : AS1 | FRA : ALM Suite 1, 130 Hay Street, asararesources.com Subiaco WA 6008 AUSTRALIA ABN: 39 006 710 774 This presentation was authorised for release to the ASX by
Slide 22: Appendix 1: Kada Mineral Resource
Appendix 1: Kada Mineral Resource ASX: AS1 Measured Indicated Inferred Total Material Deposit Type Tonnes Gold Tonnes Gold Tonnes Gold Tonnes Gold Gold Mt g/t Mt g/t Mt g/t Mt g/t Ounces Oxide - - 4.6 1.07 7.28 0.93 11.88 0.99 377,000 Transitional - - 1.07 0.88 3.8 0.91 4.94 0.90 143,000 Massan Fres
Slide 23: Appendix 2: Paguanta Mineral Resource
Appendix 2: Paguanta Mineral Resource ASX: AS1 Resource Tonnes Zn (%) Pb (%) Ag (g/t) Au (g/t) Zn Eq (%) Ag Eq (g/t) Category Measured (M) 490,000 5.5 1.8 88 0.3 Indicated (I) 610,000 5.1 1.8 120 0.3 M+I 1,100,000 5.3 1.8 100 0.3 Inferred 1,300,000 4.8 1.1 75 0.3 TOTAL 2,400,000 5.0 1.4 88 0.3 9.7 2