Miramar Resources Limited · ASX:M2R
Miramar Resources — Investor Presentation (September 2022)
20 slides from Miramar Resources's investor presentation, Sep 12, 2022
Slide 1: Miramar Resources Ltd – Investor Update September 2022
For personal use only Miramar Resources Ltd “Creating shareholder value through discovery” INVESTOR UPDATE – SEPTEMBER 2022 ASX: M2R
Slide 2: Disclaimer/Competent Person Statement
Disclaimer/Competent Person Statement For personal use only Forward-Looking Statements Statements in this presentation which are not statements of historical facts, including but not limited to those relating to the proposed transactions, are forward-looking statements. These statements instead repr
Slide 3: Miramar Resources – Investor Highlights
Miramar Resources – Investor Highlights For personal use only Active WA-focused gold, IOCG and Ni-Cu-PGE explorer ▪ Potential new gold camp at Gidji JV ▪ High-grade gold in Glandore East drilling ▪ Large IOCG targets under shallow cover at Whaleshark ▪ First mover in emerging Bangemall Ni-Cu-PGE pro
Slide 4: Gidji JV – a potential new gold camp
Gidji JV – a potential new gold camp For personal use only “The cheapest house on the best street” Paddington Kanowna Belle ▪ Strategic 80% owned land package 15km N of Kalgoorlie, WA GIDJI JV ▪ 15km of major regional structure along strike from multiple large gold deposits Mt Charlotte ▪ Underexplo
Slide 5: Gidji JV – Multiple new discoveries made since listing
Gidji JV For personal use only Multiple new discoveries made since listing Marylebone ▪ 1.6km long parallel aircore gold anomalies ▪ Multiple high-grade results up to 13g/t Au Blackfriars ▪ >1.4km long anomaly at mafic/sediment contact ▪ Results up to 11.8g/t Au (EOH) Highway/Piccadilly ▪ >1km long
Slide 6: Gidji JV – unique camp-scale opportunity
Gidji JV – unique camp-scale opportunity For personal use only ▪ Potential for multiple gold deposits within various host rocks/structural settings ▪ Underexplored to date – limited deep drilling ▪ Project-wide target ranking completed • Structure • Lithology • Evidence of fluids/mineralisation ▪ Mu
Slide 7: Gidji JV - exploration model
Gidji JV - exploration model For personal use only GIDJI JV ▪ Flexure/bend in major regional structure ▪ D2 - shearing and gold mineralisation ▪ Competency contrast ▪ D4 - cross-cutting brittle faults (Witt, 2015) (Witt, 2016) 7
Slide 8: Gidji JV - North targets
Gidji JV - North targets For personal use only Boorara North ▪ 4km underexplored segment of Boorara Shear Zone ▪ Sporadic historic drilling ▪ Awaiting assays from recent aircore programme Lake ▪ Significant historic RC drill results in structural jog and demagnetised zone ▪ Open down dip and along s
Slide 9: Gidji JV - South targets
Gidji JV - South targets For personal use only The Jog The Jog ▪ Dilational jog within Boorara Shear Zone Gravity anomaly ▪ Magnetite destruction (= alteration?) ▪ Dense body at ~150m depth ▪ Diamond drilling planned 8-Mile ▪ 300koz “Runway” deposit south of “Runway” boundary 300koz Au 400m ▪ New de
Slide 10: Glandore
Glandore For personal use only ▪ 40km east of Kalgoorlie – close to existing /proposed processing infrastructure ▪ Large aircore gold footprint outlined beneath shallow lake sediment cover ▪ High-grade intersections at contact between granite and mafic sill ▪ Lake diamond drilling underway 10
Slide 11: Glandore East
Glandore East For personal use only ▪ Shallow high-grade and visible gold • 0.7m @ 13.85g/t Au • 6m @ 29.8g/t Au • 2m @ 11.7g/t Au • 1m @ 8.68g/t Au ▪ Open at depth/along strike GDDD001 11
Slide 12: Whaleshark Cu-Au Project
Whaleshark Cu-Au Project For personal use only MMI Anomaly ▪ Proterozoic BIF and granite under Carnarvon Basin sediments MMI Anomaly ▪ Basement mostly <100m ▪ Minimal previous drilling ▪ Large MMI soil anomalies outlined 12
Slide 13: Whaleshark MMI Cu anomalism
Whaleshark MMI Cu anomalism For personal use only ▪ Large MMI soil anomalies on edge of Proterozoic granite granite • Cu-Ag-U-REE anomalism is suggestive of buried IOCG mineralisation ▪ Overlapping magnetic/gravity anomalies ▪ Depth to basement mostly <100m ▪ Interface aircore drilling underway 13
Slide 14: Whaleshark
Whaleshark For personal use only ▪ 40km east of Onslow, WA ▪ Proximity to major infrastructure • Highway/gas pipeline • LNG processing facilities • Port facility • Proposed haul road 14
Slide 15: Bangemall Ni-Cu-PGE Projects
Bangemall Ni-Cu-PGE Projects For personal use only Intrusion-related Ni-Cu-PGE potential Geoscience Australia Record 2016/001 Bangemall Lesher, 2019 SW Yilgarn (Julimar etc) 15
Slide 16: Bangemall Ni-Cu-PGE Projects
Bangemall Ni-Cu-PGE Projects For personal use only Strategic land position in Ni-Cu-PGE-REE province ▪ Major crustal-scale faults = plumbing system ▪ Prot. dolerite sills – same age as West Musgraves ▪ Ni-Cu-PGE stream sed/soil anomalies ▪ Multiple EM conductors identified at Mt Vernon ▪ Geochem sam
Slide 17: Target pipeline provides substantial upside
Target pipeline provides substantial upside For personal use only Target Aircore Project Applications Bedrock Testing Generation Drilling MARYLEBONE 8-Mile Lake The Jog Blackfriars GIDJI JV Railway Piccadilly Highway Claypan Boorara North Nickel targets GLANDORE EAST GLANDORE Lake targets RANDALLS R
Slide 18: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code M2R Substantial Shareholders % Shares on Issue 70.7M XGS Pty Ltd (Allan Kelly) 9.9 Listed Options (25c) 28.0M Faraday Nominees Pty Ltd 8.5 Market Capitalisation (@ 12c) $8.5M Top 20 Holders 38.4 Cash/Investments ~$3.4M Board 10.8 Enterprise Value $5.
Slide 19: Miramar Resources - Summary
Miramar Resources - Summary For personal use only Active exploration across multiple projects Track record of High-grade gold discovery, results at development and Glandore production Regular news flow, Potential new gold Substantial tight share camp at Gidji JV value upside register, low EV 19
Slide 20: For personal use only
miramarresources.com.au | ASX:M2R
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