Astra Exploration Inc · TSXV:ASTR

Astra Exploration — Investor Presentation (May 2024)

23 slides from Astra Exploration's investor presentation, May 2024

  1. Slide 1: Epithermal Gold-Silver + Porphyry Copper-Moly in Northern Chile

    Epithermal Gold-Silver + Porphyry Copper-Moly in Northern Chile INVESTOR PRESENTATION May 2024

  2. Slide 2: Cautionary Statement

    ABOUT ASTRA EXPLORATION Cautionary Statement This presentation contains forward-looking statements which reflect the expectations of management regarding the business development objectives and plans of Astra Exploration Ltd “Astra” or the “Company”. All statements, other than statements of historic

  3. Slide 3: A Premier Gold & Silver Exploration Company

    ABOUT ASTRA EXPLORATION A Premier Gold & Silver Exploration Company with extraordinary value proposition High-grade gold near surface, up to 14.5 g/t in maiden drill programs + copper porphyry potential Very thick veins 10-15 metres average thickness = large volume areas to contain gold & silver Pro

  4. Slide 4: Astra Exploration Directors & Advisors

    ABOUT ASTRA EXPLORATION Astra Exploration Directors & Advisors DR STUART DARCY DAVID CHARLES SMITH MARUD CAULFIELD FUNK Technical Advisor Director Director Director With over 30 years in exploration, Led exploration teams involved in Over 35 years of experience in Charles has over 13 years of Stuart

  5. Slide 5: Astra Exploration Management

    ABOUT ASTRA EXPLORATION Astra Exploration Management BRIAN DIEGO MAHESH ROBERTO ALARCON MILLER GUIDO LIYANAGE BITTNER CEO & Director Exploration Director CFO VP & Country Manager, Chile Brian began working in Diego is a globally-recognized Mahesh is a Chartered Professional Mr. Alarcon has over 30 y

  6. Slide 6: Capital Structure

    ABOUT ASTRA EXPLORATION Share Structure: Capital Issued & Outstanding 50.8M Structure Warrants 12M @ $0.26 June 2024 9.1M @ $0.15 March 2025 22.6 M 1.5M @ $0.18 April 2026 Options 1.8M: 5yr @ $0.35 1.8 M Strategic Investors: • Michel Gentile, CFA (Bastion Asset Management) Fully-Diluted 75.5 M • Pet

  7. Slide 7: Underexplored Paleocene Belt of Northern Chile

    ASTRA EXPLORATION N WHY GOLD IN CHILE Pampa Paciencia Astra Exploration is focusing on the Faride Spence Underexplored Sierra Gorda Paleocene Belt of Legend Antofagasta Lomas Bayas Northern Chile Paleocene San Cristóbal epithermal Paleocene Chile: A Tier 1 Mining Jurisdiction porphyry Cu El Peñón Ci

  8. Slide 8: Epithermal Gold-Silver Porphyry Copper

    ASTRA ASTRA EXPLORATION EXPLORATION Pampa Paciencia ASTRA EXPLORATION N PAMPA PACIENCIA Dominador ASTRA EXPLORATION Dominador Pampa Paciencia District- Epithermal Gold-Silver Spence2 10.8Mt Copper 277Mt Spence and Molybdenum Porphyry Copper ASTRA EXPLORATION EXPLORATION ASTRA Impaciencia Impaciencia

  9. Slide 9: Epithermal Discovery

    PAMPA PACIENCIA Epithermal Discovery Exploration Results Prospective area greatly expanded beyond previously known mineralization 8.5 km strike length of vein fields as indicated by large (+25 cm) mineralized float samples Early evidence of a large concealed low-sulphidation epithermal (LSE) system

  10. Slide 10: Epithermal Discovery

    PAMPA PACIENCIA Epithermal Discovery Exploration Results Drilling has focused on a small area (white boundary) Very high correlation between known veins and mag low lineaments Over 4 km of vein coincide with mag lineaments in immediate project area Project area (untested mag lineaments) remains over

  11. Slide 11: Epithermal Discovery

    PAMPA PACIENCIA Epithermal Discovery Exploration Results Geological model successful at discovering concealed veins – 44 of 45 holes intersected vein structures Drilling confirms over 2 km of vein strike length, averaging 10-15 metres estimated true thickness Good consistency of vein thickness and c

  12. Slide 12: Epithermal Discovery

    PAMPA PACIENCIA Epithermal 3 shoots of gold mineralization discovered Discovery Wide mineralized intervals (typically 10-30m) Exploration Results Deepest shoot is open in all directions Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and $22.50/oz Ag. Reported grade

  13. Slide 13: Epithermal Discovery

    PAMPA PACIENCIA Epithermal Mineralization and geology similar to Faride Mine Discovery Paciencia veins are ~4x thicker than average at Faride Exploration Results Deepest known hole at Faride is ~200m below surface Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and

  14. Slide 14: Epithermal Discovery: Impaciencia Oeste

    PAMPA PACIENCIA Epithermal Discovery Impaciencia Oeste (Mineralized Subcrop) Surface sample grades up to 3.9 g/t Au + 112 g/t Ag. Veins in rhyolite host rocks are a favorable indicator in Paleocene LSE deposits. 2,000 metres of vein to be confirmed and defined with trenching in Q1 - Q2 2023. Three N

  15. Slide 15: District-Scale Potential

    PAMPA PACIENCIA District-Scale Region hosts over 20km of proven veins potential within Astra’s Strong evidence of a large regional system claim holdings Astra claims host some of the largest known veins ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 15

  16. Slide 16: Comparisons with The El Peñón mine

    PAMPA PACIENCIA Comparisons with The El Peñón mine Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. El Peñón Discovery* NOV 1992 Both occur within the well-defined Discovery float sa

  17. Slide 17: El Peñón Deposit Characteristics

    PAMPA PACIENCIA El Peñón mine Deposit Characteristics Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. COMPARISON El Peñón veins can be very Pampa Paciencia thin and subtle at surfac

  18. Slide 18: El Peñón Deposit Characteristics

    PAMPA PACIENCIA El Peñón mine Deposit Characteristics Source: Yamana Gold 2018 Tech Report Source: Yamana Gold 2017 Site Visit Presentation Surface expressions Ongoing, drill focused, Veins can be obscured by of veins is poor exploration continues to young pampa cover (eg discover additional veins M

  19. Slide 19: Dominador Copper Target

    PAMPA PACIENCIA Hydrothermal tourmaline breccia w/ porphyry clasts at surface Dominador Geological and mineralization similarities to Sierra Gorda Copper Target ~2km x 1km corridor = room for large deposit Dominador Sierra Gorda ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 19

  20. Slide 20: Dominador Copper Target

    PAMPA PACIENCIA Previous work includes ground mag, IP, trenching & drilling Dominador IP performed after 8 shallow drill holes by Teck Copper Target Best target remains to the east and at depth ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 20

  21. Slide 21: Cerro Bayo: HSE-Porphyry Gold Project in Elephant Country

    DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Project in “Elephant Country” Situated among several noteworthy deposits in a world-class trend Large underexplored 8x6 km property in the Maricunga – 100% owned by Astra Limited drilling in 1990 (8 holes, 1660m) into a very discrete zone Oxide mi

  22. Slide 22: Why Astra Exploration

    ABOUT ASTRA EXPLORATION Why Astra Exploration Under-explored 3,840 Ha district with high-grade epithermal discovery + large Cu porphyry target Uniquely qualified team to explore & develop Pampa Paciencia into a marketable asset Tight share structure, attractive valuation, strong cornerstone sharehol

  23. Slide 23: Contact

    +1-604-428-0939 info@astra-exploration.com Astra-Exploration.com 595 Burrard Street, Suite 1723 Vancouver, British Columbia V7X 1J1

Astra Exploration — Investor Presentation (May 2024) on 6ix