Astral Resources Nl · ASX:AAR
Astral Resources Nl — Resource Rising Stars Summer Series (November 2023)
16 slides from Astral Resources Nl's conference presentation, Nov 14, 2023
Slide 1: Kalgoorlie's new gold development story
ASX:AAR astralresources.com.au For personal use only Kalgoorlie’s new gold development story The Mandilla and Feysville gold projects
Slide 2: 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 3: Moving to Development in a Tier-1 Location
Moving to Development in a Tier-1 Location Mandilla Scoping Study delivered a For personal use only large scale, long-life mine development with robust financials from conservative cost and revenue assumptions 100kozpa of gold production1 NPV8 of $442M Free cashflow of $740M Payback of ~9
Slide 4: Corporate Overview
Corporate Overview Shares On Issue Market Capitalisation For personal use only Share Price 792.4M $64.9M 0.100 300000 (at $0.082 per share) 0.090 250000 Options / Rights Cash on Hand 0.080 51.6M/12.9M $4.1M 0.070 (Ave exercise price 14c) (30 Sep 2023) 200000 0.060 0.050 150000 Significant Shareholde
Slide 5: Corporate & Technical Capability
Corporate & Technical Capability 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 graduate of Mo
Slide 6: Flagship Mandilla Gold Project
Flagship Mandilla Gold Project • Strategic land package in a premier gold mining jurisdiction, For personal use only 70km south of Kalgoorlie • Total MRE has grown to 37Mt at 1.1g/t Au for 1,265,000oz of 22km to the +20Moz St Ives Gold Mine contained gold • Robust Scoping Study Outcome – producing 1
Slide 7: July 2023 MRE – Provided the critical mass for Scoping
July 2023 MRE – Provided the critical mass for Scoping 1,600,000oz Group MRE, 1,381,000 1,400,000oz For personal use only Group MRE, 1,150,000 • July 2023 MRE added 1,200,000oz 231,000oz at a discovery cost 1,000,000oz of $18 per oz, including a 69% Group MRE, 781,000 800,000oz increase in Indicated
Slide 8: Mandilla Scoping Study summary
Mandilla Scoping Study summary For personal use only • Simple open pit mining • 3-stage crushing, single-stage ball mill, CIL processing • 2.5mpta mill throughput • 1.3g/t head grade for first 7.4yrs, 1.04g/t over LOM • 95.7% gold recovery • 5.7:1 strip ratio at Theia, 6.1:1 strip ratio overall • 8-
Slide 9: Mandilla Scoping Study financials
Mandilla Scoping Study financials Key Financial Assumptions Gold Price Assumed A$/oz 2,750 Discount Rate % 8.00 For personal use only Key Project Metrics Payable Metal Koz 845 800 800 Gold Revenue A$M 2,325 700 700 Project EBITDA A$M 954 Depreciation and Amortisation A$M 234 600 600 Net Profit Befor
Slide 10: Theia Deposit – 1Moz in a Single Open Pit
Theia Deposit – 1Moz in a Single Open Pit • Theia’s scale is only surpassed by: For personal use only • Super Pit (NST) • Red Hill (NST) in the Kalgoorlie region • Current Resources limited by depth of drilling – still open at depth • Latest results include: • 4m at 19.6g/t Au • 32m at 1.7g/t Au • 5
Slide 11: Feysville Gold Project
Feysville Gold Project 14km to the 92Moz NST • 14km south of Kalgoorlie Super Pit For personal use only THINK BIG – MRE of 3Mt at 1.3g/t • MRE of 3Mt at 1.3g/t Au for 116,000oz of contained gold1 Au for 116koz • 2,850m RC recently completed at Kamperman, Hyperno and Ethereal • Hyperno – 2m at 16.09g
Slide 12: Kamperman potential
Kamperman potential • Mineralisation concentrated along a For personal use only lithological contact – almost untouched by historical drilling – significant potential along strike and at depth has been demonstrated with recent drilling • Recent best results include: • 4m at 94.84g/t • 13m at 9.06g/t
Slide 13: Why invest in Astral?
Why invest in Astral? Gold price sensitivity Scoping Study based on a robust Mineral Resource Estimate Base Case For personal use only Gold Price AUD/oz 2500 2625 2750 2875 3000 Comprehensive scoping study – arguably NPV Pre-Fi na nce, Pre-ta x AUD m 305 374 442 511 579 Preta x IRR % 54% 64% 73%
Slide 14: Core Value Proposition…
Core Value Proposition… Greenfields, not For personal use only brownfields! Tier-1 location Robust positive Scoping Study 1.38Moz Resource base 1Moz in a single pit Significant growth potential Experienced team with track record of value creation ASX:AAR | 14
Slide 15: Appendices
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 21 1.1 694 Inferred 17 1.1 571 Total 37 1.1 1,265 Mineral Resource Estimate for the Feysville Gold Project (Cut-off Gra
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 Visible Gold in Mandilla diamond drilling ASX:AAR astralresources.com.au 16
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