Westar Resources Ltd. · ASX:WSR
Westar Resources — Investor Presentation (March 2022)
27 slides from Westar Resources's investor presentation, Mar 11, 2022
Slide 1: A Western Australian Base Metals and Gold Explorer
For personal use only A Western Australian Base Metals and Gold Explorer Investor Presentation March 2022
Slide 2: Disclaimer
Disclaimer For personal use only Westar Resources Ltd ACN 635 895 082 (the Company) is the issuer of this presentation. The issue of this presentation is intended only for the person or entity to which it has been transmitted. Not a disclosure document This presentation is not a disclosure document
Slide 3: Why Invest in Westar Resources
Why Invest in Westar Resources For personal use only Dominant land position in a the highly prospective Gum Creek Belt – 329km2 landholding in the Sandstone Region, WA Aggressive explorer driven by discoveries – 18,814m drilled since IPO in December 2020 Drill ready base metal targets – maiden disco
Slide 4: Activities Snapshot
Activities Snapshot For personal use only 0 10,738 47 20 18,814 1,605 LTIs Line Km Geophysics Targets Targets Drill Metres Surface Completed Generated Tested Completed Samples SANDSTONE PROJECTS (329KM2) SOUTHERN CROSS PROJECTS (63KM2) Gidgee North: • Ramelius Resources farm-in (ASX:RMS), with WSR 2
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Board of Directors Key Information Managing Director & CEO | Karl Jupp BappSc (Hons), GradDip(Bus), MAIG, MAusIMM Share Price 0.11 A Geologist with over 20 years’ technical and leadership experience in the Australian and international minera
Slide 6: Sandstone Projects
For personal use only Sandstone Projects 6
Slide 7: Sandstone Projects – Underexplored Emerging Belt
Sandstone Projects – Underexplored Emerging Belt For personal use only Dominant land position in the Gum Creek Belt • 329km2 of highly prospective tenure secured in the underexplored and emerging base metal and gold province • Previous owners focused on gold exploration in near mine surrounds with m
Slide 8: Gidgee North – An Exciting New Base Metal Terrane
Gidgee North – An Exciting New Base Metal Terrane For personal use only Maiden Base Metal Discovery Potential • Nine VMS-style conductors identified through recent FLEM survey, SkyTEM and soil sampling • Maiden drill program to test priority conductors to commence in early Q2 CY2022 Airborne EM cond
Slide 9: Gidgee North – VMS Prospects
Gidgee North – VMS Prospects For personal use only SkyTEM conductors (Ch 35) with FLEM plates over interpreted geology and prospects. Youno Downs Camp (left image) and regional targets (right) 9 9
Slide 10: Gidgee North – Breakaway Bore
Gidgee North – Breakaway Bore For personal use only Breakaway Bore • Breakaway Bore has been identified as the highest priority target for the upcoming maiden drill program to commence in early Q2 CY2022 • Breakaway Bore’s two targets identified through the recent FLEM survey have never been drill t
Slide 11: VMS Mineralising Systems
VMS Mineralising Systems For personal use only The VMS Model • VMS deposits occur globally, often in clusters or camps and are significant sources of Cu, Zn, Pb, Au and Ag • VMS systems typically form at or near the seafloor in submarine volcanic environments and in extensional tectonic settings • H
Slide 12: Gidgee North – Geoff Well Earn-In
Gidgee North – Geoff Well Earn-In For personal use only Geoff Well – Vela Prospect • Westar can earn up to 75% interest in Geoff Well by incurring $400K expenditure over 36 months • Originally discovered by Pancontinental Mining with a single line of 12 RAB holes (665m) in 1994 • Limited drilling re
Slide 13: Gidgee South – Early Exploration Success
Gidgee South – Early Exploration Success For personal use only Gidgee South • Maiden drill program in 2021 confirmed gold mineralisation at the ‘Tassie’ prospect: • 3m @ 3.29g/t Au from 35m (GSRC0005); • 3m @ 3.41g/t Au from 55m (GSRC0047); and • Quartz vein lode beneath “Hawthorne” workings assays
Slide 14: Southern Cross Projects
For personal use only Southern Cross Projects 14
Slide 15: Southern Cross Projects
Southern Cross Projects For personal use only Ramelius Resources (ASX:RMS) Farm-In / Joint Venture (JV) • Ramelius Resources to spend $2M within 36 months on Westar’s Southern Cross project areas (Mt Finnerty and Parker Dome) to initiate a 75%/25% JV • Westar will be free carried on its 25% JV inter
Slide 16: Mt Finnerty Project (Farm-In/Joint Venture)
Mt Finnerty Project (Farm-In/Joint Venture) For personal use only Mt Finnerty Project • The Mt Finnerty Project includes several prospects, with over 3km of known mineralisation along 8km of greenstone strike • Ramelius completed their maiden drill program at Mt Finnerty in November 2021, delivering
Slide 17: Mt Finnerty - Flinders Prospect
Mt Finnerty - Flinders Prospect For personal use only 17 17
Slide 18: Mt Finnerty – Tasman Prospect
Mt Finnerty – Tasman Prospect For personal use only 18 18
Slide 19: Pilbara Projects
For personal use only Pilbara Projects 19
Slide 20: Nullagine – Opaline Well
Nullagine – Opaline Well For personal use only Opaline Well • 100% owned 67km2 landholding 40km west of Nullagine in the Pilbara Craton • Opaline Well adjoins Greatland Gold (LSE:GGP) Panorama Project “… known gold mineralisation and potentially the largest coherent cobalt-in streams anomaly in West
Slide 21: Opaline Well – AEM Survey Conductors
Opaline Well – AEM Survey Conductors For personal use only Airbone XciteTM Electromagnetic Survey (AEM) • AEM survey identified 4 highly prospective conductors at Opaline Well • Anomaly 101 is a standout target, and will be the focus for ground-truthing in our next field campaign to Opaline Well Ano
Slide 22: Contact
For personal use only Contact Karl Jupp Managing Director Westar Resources Ltd E: kjupp@westar.net.au
Slide 23: Appendix: Mount Magnet Projects
For personal use only Appendix: Mount Magnet Projects 23
Slide 24: Appendix: Mount Magnet Projects (100% Owned)
Appendix: Mount Magnet Projects (100% Owned) For personal use only WINJANGOO & COOLALOO PROJECTS (224KM2) • The Mt Magnet district has produced approximately 6 Million ounces of gold • Huge potential for deeper systems as typified by Ramelius Resources, operators of the Mt Magnet Gold Mine • Geology
Slide 25: Appendix: Winjangoo (100% Owned)
Appendix: Winjangoo (100% Owned) For personal use only WINJANGOO PROJECT Significant intersections (>0.1 g/t Au) include: • 1m at 0.25g/t Au from 52-53m in WJRC0006& • 1m at 0.22g/t Au from 53-54m, in WJRC0006 • 4m @ 0.14 g/t Au from 24 metres in WJRC0036 Prospect Scale: Gold mineralisation, sheared
Slide 26: Appendix: Coolaloo (100% Owned)
Appendix: Coolaloo (100% Owned) For personal use only COOLALOO PROJECT Completed a maiden AC drilling program in 2021, with 373 holes for 11,038m of drilling The drill program was designed to penetrate regolith to basement and provide a first pass geological and geochemical assessment of high priori
Slide 27: ASX Releases
ASX Releases For personal use only This presentation contains exploration results which have been previously released to the ASX in prior announcements. A list of those announcements is set out below. The company confirms that it is not aware of any new information or data that materially affects th
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