YANDAL RESOURCES LIMITED Download the A NEW GOLD COMPANY Prospectus FOCUSSED ON THE HIGHLY www.yandalresources.com.au ✓ Raising $5m via IPO; PROSPECTIVE YANDAL GREENSTONE ✓ Highly sought after projects; BELT IN WESTERN AUSTRALIA ✓ Multiple gold deposits defined by historic drilling; Lorry Hughes – Managing Director & CEO ✓ Close to major operating gold mines; Proactive Investors CEO Sessions - 22 nd October 2018 ✓ Potential for “Tier 1” multi - million ounce deposits; ✓ Strategic shareholders on- board; ✓ Management has strong track record of delivering value for shareholders. ASX Code: YRL “The Yandal Greenstone Belt continues to host new large scale gold discoveries” Email lorry.hughes@yandalresources.com.au
Disclaimer and Competent Persons Statement Download the Prospectus www.yandalresources.com.au Yandal Resources Limited (ACN 108 753 608) is making an offer of securities by a Prospectus dated 19 October 2018.. Offers of securities must be made in or accompanied by a copy of the Prospectus. A person should consider the Prospectus in deciding whether to acquire securities. Anyone who wants to acquire securities will need to complete the Application Form that will be in or will accompany the Prospectus. Competent Persons Statement The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Trevor Saul, a Competent Person who are Members of the Australasian Institute of Mining and Metallurgy. Mr Saul is a full time employee of Yandal Resources Ltd. Mr Saul has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ . Mr Saul consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. 1
The Projects ✓ Four high quality gold projects in proven WA greenstone belts; ✓ Projects host significant gold deposits on major structures which warrant further drilling; ✓ Substantial gold mineralisation has been defined with historic drilling at all four projects; ✓ Well located within economic haulage distance to a number of 3rd party processing plants. Walk up opportunity to expand historic gold mineralisation and make new discoveries 2
Proposed Capital Structure Overview Number $ Vendor Shares/ 17.15M Management Last major Seed Shares @ 7.5c 11.16M $0.84M exploration IPO Shares @ 20c 25.00M $5.00M programs on all YRL projects! Do you buy Options @ 25c 6.50M Gold or Listing Costs (Max) $0.49M Cryptos backed by Cash on Listing $5.20M Gold? Shares on Listing 53.31M % Total Shares Estimated Board & Founders composition of Vendors YRL’s share Strategic Miner register upon High Net Worth ASX listing Retail Gold industry production costs have reduced significantly since 2012 Market Cap on listing ~$10.7M – tight and strategic share register 3
Board and Management LORRY HUGHES BSc (Geol) MAusIMM KATINA LAW BCom, CPA, MBA, GAICD KELLY ROSS BBus, CPA, AGIA MANAGING DIRECTOR NON EXECUTIVE CHAIR NON EXECUTIVE DIRECTOR Ms Law has over 25 years’ experience in Mr Hughes is an Economic Geologist with Ms Ross is a Chartered Secretary with years’ over 24 experience and was the mining industry covering corporate over 30 years’ experience in the mining recently Executive Director of Intermin and site-based roles across several industry. Ms Ross was a senior Resources Ltd and Managing Director continents. Over the past ten years she accountant at Resolute Mining Ltd (ASX: and CEO of South Boulder Mines Ltd has worked with a number of listed RSG) from 1987 - 2000 during which (now ASX: DNK and ASX: DKM) from resources companies in strategic time RSG became a gold producer in 2008 – 2013. He has held executive and financial advisory and general Ghana, Tanzania and at several mines in senior management positions on mining management roles. Ms Law was Western Australia. Ms Ross was the and development projects for companies Executive Director & CEO of East Africa Company Secretary of Independence including Energy Metals Ltd, CSA Global, Resources Ltd from 2012 - 2015 and has Group NL (ASX: IGO) for 10 years from Rio Tinto and Barrick. Mr Hughes has held senior positions at Newmont Mining 2001 to 2011 and a Director for 12 years Corporation’s comprehensive mining, exploration and head office in Denver, from 2002 - 2014. Mrs Ross is currently development experience from numerous USA. She is currently Chair of Ardea a NED of Musgrave Minerals Ltd (ASX: gold mining projects in Western Australia. Resources Ltd (ASX: ARL). MGV). 4
Regional Vision Over 20 Moz of Resources discovered in the Yandal Greenstone Belt to date; YRL will target: ✓ Discovery of “Tier 1” gold deposits in proven jurisdictions; ✓ Major structures along strike or adjacent to known gold deposits; ✓ Interpretation of historic geological data to make new discoveries and expand known deposits using modern exploration techniques; ✓ Rapid commercialisation of gold deposits within economic haulage distance to a number of 3 rd party processing plants. Immediately adjacent competitor companies are mining, making new discoveries and growing Resources (ASX: NST, BLK, BGL, EAR, GTE, RNX and RED most active) 5
Project Summary – Four Key Projects Ironstone Well and Barwidgee Gold Projects 100% – Western Australia (472km 2 ) ✓ 55km strike of contiguous mining tenements over prospective Yandal Greenstone Belt rocks; ✓ 35-85km south of the giant Jundee gold mine (>10Moz) owned by Northern Star Resources Ltd (ASX: NST); ✓ Substantial oxide gold mineralisation within large structures have been intersected which have had very little or no drilling beneath into primary rock; ✓ All deposits are shallow, open, under- explored and were first identified in the 1980’s and 1990’s at much lower gold prices; ✓ The largest deposit Flushing Meadows deposit is located 60-70km from three processing facilities and is within a granted Mining Lease . Flushing Meadows Outcrop Flinders Park South Outcrop New RC Drilling Flushing Meadows 6
Project Summary – 4 Key Projects (cont.) Mt McClure Gold Project 100% – Western Australia (54km 2 ) ✓ Situated only 10-28km from the Bronzewing mill owned by Echo Resources Ltd (ASX: EAR); ✓ Contains substantial gold mineralisation within large structures which have had limited drilling at depth; ✓ Contains the historic Success, Parmelia and Challenger oxide open pit gold mines (~110koz mined); ✓ Contains 20km strike of shear and contact related mineralised trends only 1km south of Echo’s 1 -2Moz Orelia Gold Deposit; ✓ Mineralisation open at depth and along strike; ✓ Numerous areas have walk up drilling targets expected to confirm and expand mineralisation. Gordons Gold Project 100% – Western Australia (100km 2 ) ✓ 16km north of Northern Star’s giant Kanowna Belle gold mine (>10Moz) near Kalgoorlie; ✓ Project directly surrounds the operating Gordon-Sirdar underground gold mine and is along strike from the historic Mulgarrie Gold Mine (~250koz mined); ✓ Drilling is required to test for primary mineralisation beneath historic and recent shallow high grade RC drill results including; ✓ 10m @ 6.02g/t Au from 31m, 4m @ 13.15g/t Au from 33m and 9m @ 4.37g/t Au from 32m. Confirm and expand historic resources and commence mining studies 6 7
Ironstone Well & Barwidgee Projects – Overview ✓ New discoveries are being made along strike and in adjacent ground positions; ✓ Numerous deposits and prospects within and adjacent to project boundaries; ✓ Opportunity to grow Resources along strike and at depth from known mineralisation; ✓ Targeting large deposits related to major shears and cross structures in ineffectively tested areas; ✓ A number of companies have enquired about acquiring our assets. 8
Ironstone Well & Barwidgee Projects – New Discovery Targets Potential for significant new discoveries ✓ Numerous areas along strike from known prospects are sparsely tested; ✓ Significant drill intercepts and highly anomalous geochemistry along strike; Flinders Park ✓ +700m long anomalous gold in RAB/AC intercepts, deeply weathered, open and sparsely drilled; ✓ 4m @ 7.60g/t Au from 68m; and ✓ 4m @ 5.60g/t Au from 40m ✓ Aircore holes finished in saprock at >100m depth; Rosewall ✓ +500m long anomalous As/Au in RAB intercepts followed up with only three RC holes; ✓ 6m @ 6.64g/t Au from 13m (RC hole BDYC43, mineralisation related to shallow quartz vein); Atlanta ✓ 5km strike length containing highly anomalous RAB intercepts with limited RC drilling. RC drilling planned straight after listing at Flinders Park and Rosewall 9
Ironstone Well & Barwidgee Projects – Historic Drilling High grade gold intercepts ✓ Extensive areas are interpreted to have been drill tested using ineffective reconnaissance techniques; ✓ Complex regolith profile not recognised; ✓ Numerous holes too shallow; ✓ Assayed Au at ppm level instead of ppb. Numerous historic drilling campaigns were too shallow for an effective test 10
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