Astral Resources Nl · ASX:AAR
Astral Resources Nl — Resources Rising Stars 2020 Investor Conference
14 slides from Astral Resources Nl's conference presentation, Nov 10, 2020
Slide 1: The Mandilla Gold Project
For personal use only The Mandilla Gold Project Resources Rising Stars 2020 Investor Conference 10th November 2020 (ASX : AAR) AAR| RRS 2020
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Our team has delivered success before
Our team has delivered success before… For personal use only Previous EGA Management team delivered a significant return to shareholders within 3 years from its IPO in Sept 2016 AAR| RRS 2020
Slide 4: Corporate Overview
Corporate Overview For personal use only AAR| RRS 2020
Slide 5: Mandilla
MANDILLA For personal use only ● 14.2km2 land position 70km south of Kalgoorlie 1.4 mtpa ● Located near several gold processing plants, 8mtpa of installed gold processing plant capacity within 50km ● Adjacent to the sealed Goldfields Highway 4.7 mtpa ● NO 3rd PARTY ROYALTIES – AUD$740,000 spent remo
Slide 6: An exciting discovery / a genuine development opportunity
The Mandilla Gold Project An exciting discovery / a genuine development opportunity For personal use only Over 1km ● Over 1,000m of bedrock mineralisation defined at Mandilla in East, additional 40m x 40m infill drilling underway strike ● Mandilla South already has 500m of bedrock mineralisation def
Slide 7: An exciting discovery / a genuine development opportunity
The Mandilla Gold Project An exciting discovery / a genuine development opportunity For personal use only ● 27,500m drill program underway ● 56 holes for 8,197m completed ● a further 130 holes for 19,300m remaining AAR| RRS 2020
Slide 8: Mandilla East
Mandilla East For personal use only Mandilla East Section AAR| RRS 2020
Slide 9: Mandilla East
Mandilla East For personal use only ● Demonstrates the presence at Mandilla East of a continuous wide zone of mineralisation, extending from a supergene zone near surface down to a vertical depth of over 250m in the granitic intrusion ● Remains open at depth ● Presents significant potential for a la
Slide 10: Mandilla South
Mandilla South For personal use only Mandilla South Section AAR| RRS 2020
Slide 11: Mandilla South
Mandilla South Mandilla South mineralisation is For personal use only located 1km along strike from the main Mandilla East mineralised footprint. 500m of strike has been demonstrated. Mineralisation at Mandilla South located closer to the contact with the surrounding sedimentary rocks. Currently und
Slide 12: The pathway to development
The pathway to development ● Multiple study streams currently progressing: Initial flora survey complete For personal use only Initial fauna survey complete Scoping level geotechnical study underway Metallurgical test-work underway Mineral Resource Estimation underway Hydrogeology study underway ● E
Slide 13: Investment Takeaways
Investment Takeaways ● Key management team have been here before and have been successful For personal use only ● AAR is well funded with $12.2m in cash as at quarter-end, $1.7m received post quarter-end and a further $1.7m from Koongie Park farm-out and in-the- money options potentially to come in
Slide 14: Drilling out the Mandilla
For personal use only Drilling out the Mandilla Gold Project AAR| RRS 2020
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