Yandal Resources Ltd. · ASX:YRL
Yandal Resources — Investor Presentation (July 2020)
21 slides from Yandal Resources's investor presentation, Jul 30, 2020
Slide 1: Target Tier 1 Gold Deposits in Western Australia
yandalresources.com.au For personal use only Target “Tier 1” Gold Deposits in Western Australia GOLD DISCOVERY and DEVELOPMENT INVESTOR UPDATE July, 2020
Slide 2: Forward Looking and Competent Persons Statement
Forward Looking and Competent Persons Statement FORWARD LOOKING STATEMENT This presentation has been prepared by Yandal Resources Ltd (“YRL”). The information contained in this presentation is a professional opinion only and is given in good faith. For personal use only Certain information in this d
Slide 3: Capital Structure
Capital Structure For personal use only Total Shares on Issue 78.90M Options @ 25-27c 13.13M Cash (end May 2020) $6.60M Share Price (High $0.34) $0.28 23% 26% Board & Founders Market Cap $22.1M 7% Vendors 29% Northern Star Resources Top 20 Holding ~77% 15% High Net Worth Retail Well funded with a ti
Slide 4: Unlocking Value for Shareholders
Unlocking Value for SHAREHOLDERS New discovery at Gordons Dam near Kalgoorlie W.A. – high grade gold oxide For personal use only and primary gold mineralisation has been intersected with limited RC drilling RC and AC drilling has extended the interpreted strike length of bedrock gold mineralisation
Slide 5: Gold Projects
Gold Projects For personal use only High quality projects in proven Western Australian Greenstone Belts; Significant unmined gold deposits and drilled mineralisation on major structures that are open & underexplored; Early success at Flushing Meadows and now Gordons Dam is emerging – just two of man
Slide 6: Gordons Gold Project
Gordons Gold Project <20km by existing roads from two operating processing For personal use only facilities in Kalgoorlie (Paddington and Kanowna Belle); Oxide and primary targets on geological contacts between mafic, ultramafic and porphyry rocks; Recent high grade RC drill intercepts at Gordons Da
Slide 7: Gordons Dam Prospect (Resource Potential)
Gordons Dam Prospect (Resource Potential) Shallow oxide gold RC For personal use only drilling complete at YRLRC01931 11m @ 1.89g/t Au (97m) incl. paleochannel to ~ 350m - 1m @ 17.01g/t Au (97m) Open at length – Results pending; YRLRC00192 Refer Slide 8 Depth Deeper primary gold RC 8m @ 7.33g/t Au (
Slide 8: Gordons Dam X-section A – A'
Gordons Dam X-section A – A’ Surficial cover to ~30m depth has A A’ For personal use only hidden the mineralisation; Results from RC drilling to test bedrock over 150m of strike have been highly encouraging; Pervasive and zoned alteration 5m @ 2.44g/t Au (40m) incl.1 -2m @ 5.07g/t Au1 assemblages ch
Slide 9: Ironstone Well & Barwidgee
Ironstone Well & Barwidgee 55km strike of contiguous mining For personal use only tenements over the prospective Yandal Greenstone Belt (472km 2 ); Contains multiple historic gold deposits 40-70km from the Jundee, Bronzewing and Wiluna gold plants; Major gold bearing structures have received virtual
Slide 10: Flushing Meadows Prospect
Oblique Flushing Meadows Prospect Occurs along the major regional structure the E53/1963 For personal use only E53/1882 Barwidgee Shear Zone in deeply weathered terrain; Flushing Meadows Extensive gold system with excellent potential to Quarter grow current JORC Resource 1 – Update Pending! Resource
Slide 11: Flushing Meadows Continued
Flushing Meadows Continued The deposit was previously modelled for 1.8km along For personal use only strike and to an average of 130m depth; > 12,000m of infill and extensional RC drilling for MRE update, mine design and approvals completed – Results pending; Recent RC drilling has generated outstan
Slide 12: Flushing Meadows Continued
Flushing Meadows Continued Open mine development activities well advanced; For personal use only Additional Mining and Miscellaneous licences applied for to cover entire MRE and part of proposed haulage route to 3rd party processing facilities; Geotechnical and hydrogeological diamond and RC drillin
Slide 13: Barwidgee Shear Zone
Barwidgee Shear Zone The Barwidgee Shear Zone is a mineralised major For personal use only regional structure; 12km along strike north and south from Flushing Meadows is ineffectively tested in most areas – reconnaissance Air-core drilling program to recommence in September Quarter; New success at F
Slide 14: Barty and Sims Find Prospects
Barty and Sims Find Prospects Numerous surface gold occurrences defined by auger- For personal use only soil sampling, extensive recent gold detecting activities1, new and historic drilling; New discovery with recent AC drilling at Barty Bullseye prospect requires first pass RC follow-up – September
Slide 15: Mt McClure Project Overview
Mt McClure Project Overview Deposits located 10-28km from the Bronzewing mill; For personal use only Extensive gold system with excellent potential for Resources at depth – mineralisation occurs >8km strike; >100,000 oz of historic production from three shallow oxide open pits to a maximum of 80m; T
Slide 16: Mt McClure Success X-Section
Mt McClure Success X-Section Success was open pit mined between 1993 - 2010 for For personal use only ~38,000oz to ~80m vertical depth; Historic high grade primary intercepts included; ➢5m @ 16.08g/t Au; and ➢5m @ 11.56g/t Au at the base of the pit; These combined with unmined intercepts at depth in
Slide 17: Mt McClure Success Long Section
Mt McClure Success Long Section For personal use only Consistent, thick and open orebody with limited drilling beneath 150m – Resource Potential! 1 Refer to YRL’s Replacement Prospectus dated 19 November 2018 and lodged on the ASX 12 December 2018 17
Slide 18: Board
Board For personal use only LORRY HUGHES BSc (Geol) MAusIMM KATINA LAW BCom, CPA, MBA, GAICD MANAGING DIRECTOR NON EXECUTIVE CHAIR Mr Hughes is an Economic Geologist with over 25 years’ Ms Law has over 25 years’ experience in the mining experience and was recently Executive Director of industry cove
Slide 19: Management Team
Management Team LORRY HUGHES BSc (Geol) MAusIMM DR MICHAEL RUANE Ph.D., MRACI ANDREW BALD For personal use only MANAGING DIRECTOR TECHNICAL CONSULTANT CORPORATE ADVISORY Mr Hughes is an Economic Geologist with over 25 years’ Dr. Ruane has an extensive history as a successful Executive Mr Bald is the
Slide 20: Yandal Resources Investment Summary
Yandal Resources Investment Summary YRL has high quality gold projects advancing toward production and For personal use only discoveries – targeting “Tier 1” gold deposits Strategy 1- to rapidly build JORC Resources and develop mines Strategy 2- define and drill test our best Greenfields targets to
Slide 21: Contact Information
Contact Information For personal use only 159 Stirling Highway Nedlands, WA 6009 PO Box 1104 Nedlands, WA 6909 P: +61 8 9386 4699 F: +61 8 9386 9473 Share Registry Grosvenor Place lorry.hughes@yandalresources.com.au Level 12, 225 George Street www.yandalresources.com.au Sydney, NSW 2000 Panthea Capi