Austral Resources Australia

A Pure-Play Australian Copper Company Producing LME Grade A Copper Cathode

ASX: AR1

Austral Resources Australia

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Company Snapshot

Company Name

Austral Resources Australia Ltd

Stock Ticker

ASX: AR1

Company Type

Explorer

Developer

Producer

Commodity Exposure

Copper

Project Locations

Queensland, Australia

Stock Performance

Austral Resources Australia's share price history, market cap, and detailed financials.

About

Austral Resources Australia Ltd (ASX: AR1) is a pure-play Australian copper company making London Metal Exchange (LME) Grade A copper cathodes. Austral Resources' flagship Lady Annie Operations project is based in the prolific copper region of Mt Isa in northwestern Queensland. The Project comprises 8 deposits from which more than 30 ktpa of copper cathode product has been historically mined from 4 open cut pits.

Austral Resources recently started copper cathode production at its new open pit Anthill Mine and has a strong pipeline of projects at various stages of exploration and development.

Media

Investment Highlights

In production, funded, and de-risked

Anthill Mine in production

Austral Resources generates ~AUD$140,000,000 pa revenue at 10,000 tpa planned cathode production

Glencore pre-payment provides a crucial cash buffer during Anthill Mine's startup

Excellent self-funded exploration potential

Clearly-defined exploration program to increase oxide resources and life-of-mine in a target-rich environment

Self-funded through Anthill Mine cashflow

Mount Isa: a prolific copper region

Mount Isa district is a prolific copper region, containing numerous other copper and base metal assets

Austral Resources' Mt Kelly plant is ideally-positioned to promote regional consolidation

Pure copper exposure

Austral Resources is one of only a few pure-play copper companies listed on the ASX

Earnings leveraged to historic high copper price and imminent production ramp-up at Anthill Mine

Significant Copper Inventory

Large JORC Mineral Resource Estimate of 60 Mt @ 0.70% Cu (approximately 423 kt of contained Cu)

A substantial copper inventory to be further expanded through exploration and discovery

(Austral Resources Australia Company Presentation 4 May 2022)

Contact & Socials

admin@australres.com

+61 7 3520 2500

www.australres.com

Company Location

Head Office

RACQ House, Level 9, Suite 902, 60 Edward Street, Brisbane City Queensland 4000, Australia

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Austral Resources Australia