Astra Exploration Inc · TSXV:ASTR
Astra Exploration — Investor Presentation (September 2024)
29 slides from Astra Exploration's investor presentation, September 2024
Slide 1: High-Grade Epithermal Gold & Silver in Latin America
High-Grade Epithermal Gold & Silver in Latin America INVESTOR PRESENTATION September 2024
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
Slide 3: Portfolio at a Glance
PORTFOLIO AT A GLANCE Astra Exploration is building a portfolio of Epithermal Gold & Silver in Latin America’s Premier Mining Jurisdictions Pampa Paciencia Antofagasta Portfolio of 3 Projects: Cerro Bayo ● Pampa Paciencia low-sulphidation Legend Santiago Buenos Aires epithermal (LSE) Au-Ag – Chile L
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
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
Slide 6: Capital Structure
ABOUT ASTRA EXPLORATION Share Structure: Capital Issued & Outstanding 50.8M Structure Warrants 9.1M @ $0.15 March 2025 1.5M @ $0.18 April 2026 10.6 M Options 1.8M: 5yr @ $0.35 1.8 M Strategic Investors: • Michel Gentile, CFA (Bastion Asset Management) Fully-Diluted 61.4 M • Peter Marrone (Chairman &
Slide 7: Why Gold & Silver in Argentina
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Epithermal Gold & Silver Mining friendly province of Santa Cruz Host to world-class Cerro Negro (Newmont) and Cerro Vanguardia (AngloGold) mines Multiple nearby mining operations Availability of skilled labor Leads Argentina Au & Ag production (57%) 1 Ne
Slide 8: La Manchuria Opportunity: Discover High-Grade Epithermal Feeder Zones
LA MANCHURIA La Manchuria Opportunity: Discover High-Grade Epithermal Feeder Zones ~5,600 ha contiguous claim group Comprised of narrow high-grade parallel veins Shallow (~160m average) historical drilling 43-101 resource1 in Main Zone Astra has option to earn up to 90% interest2 1: https://www.seda
Slide 9: Main Zone: 5390 Section
LA MANCHURIA La Manchuria Opportunity: Main Zone: 5390 Section Interpretation: Rhyolitic tuff extensional basin with carbon-rich contact layer. Carbon-rich layers (gray) and remobilized zones at faults (blue) produce higher grades. Feeder zones at western parallel faults. ASTRA EXPLORATION (TSX.V: A
Slide 10: Main Zone: 5175 Section
LA MANCHURIA La Manchuria Opportunity: Main Zone: 5175 Section Interpretation: Moving southeast, the mineralized sequence is covered by a post-mineral unit. Multiple opportunities to increase resources by exploring along strike, laterally, and at depth. ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF)
Slide 11: Discover High-Grade Epithermal Feeder Zones
LA MANCHURIA La Manchuria Opportunity: Discover High-Grade Epithermal Feeder Zones Multiple bonanza-grade intercepts – Eastern Zone Main Zone source of which remains undiscovered Extreme high-grade intercepts (red circles left & table below) form a WNW feeder zone in the Main Zone Hole From (m) Leng
Slide 12: Existing Resource with Growth Opportunity
LA MANCHURIA La Manchuria Opportunity: Existing Resource1 with Growth Opportunity 43-101 published in 2019 for an optimized open-pit shell using USD $1,300/oz & 95% recovery for gold, and USD $18/oz & 60% recovery for silver 1: https://www.sedarplus.ca/csa-party/records/document.html?id=6bc2df299100
Slide 13: Why Gold in Chile: Paleocene Belt of Northern Chile
ASTRA EXPLORATION N WHY GOLD IN CHILE Pampa Paciencia Paleocene Belt of Spence Northern Chile Faride Sierra Gorda Lomas Bayas Legend Antofagasta Chile: A Tier 1 Mining Jurisdiction San Paleocene Cristóbal epithermal ● World’s largest copper producer Paleocene porphyry Cu ● 2022 gold production ~ 1 M
Slide 14: Pampa Paciencia District
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
Slide 15: Epithermal Discovery: Exploration Results
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
Slide 16: Epithermal Discovery: Exploration Results
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
Slide 17: Epithermal Discovery: Exploration Results
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
Slide 18: Epithermal Discovery: Exploration Results
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
Slide 19: Epithermal Discovery: Exploration Results
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
Slide 20: Impaciencia Oeste (Mineralized Subcrop)
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
Slide 21: District-Scale Potential within Astra's Claim Holdings
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) 21
Slide 22: 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
Slide 23: El Peñón Mine 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
Slide 24: El Peñón Mine 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
Slide 25: 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) 25
Slide 26: 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) 26
Slide 27: 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 ‘Salaras
Slide 28: Why Astra Exploration
ABOUT ASTRA EXPLORATION Why Astra Exploration A growing portfolio of epithermal projects in two of Latin America’s most important mining jurisdictions Uniquely qualified team to explore & develop projects into marketable assets Tight share structure, attractive valuation, strong cornerstone sharehol
Slide 29: Astra-Exploration.com contact details
+1-604-428-0939 [email protected] Astra-Exploration.com 595 Burrard Street, Suite 1723 Vancouver, British Columbia V7X 1J1
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