Alkane Resources Ltd · ASX:ALK
Alkane Resources — Shareholder Meeting (November 2021)
23 slides from Alkane Resources's shareholder meeting presentation, Nov 17, 2021
Slide 1: AGM Managing Director's Presentation (ASX release)
ASX and MEDIA RELEASE 17 November 2021 For personal use only AGM Managing Director’s Presentation Alkane Resources Limited (ASX: ALK) (Company) is pleased to advise that the presentation made at today’s Annual General Meeting by Managing Director, Mr Nic Earner is available on the Company’s website.
Slide 2: Annual General Meeting Presentation
For personal use only ANNUAL GENERAL MEETING PRESENTATION Nic Earner, Managing Director November 2021 © 2021 Alkane Resources
Slide 3: Disclaimer
Disclaimer This presentation contains certain forward-looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Alkane Resources Ltd, industry growth or other trend projections. Such s
Slide 4: FY21 Highlights
FY21 Highlights For personal use only Upgraded and exceeded production guidance at Tomingley Competitive AISC of A$1,320/oz Roswell and San Antonio Indicated Resources declared Tomingley Life of Mine Plan delivered North Molong Porphyry Project continues to grow with over 75,000 metres drilled to da
Slide 5: Strategy: growing shareholder value
Strategy, Alkane is growing shareholder value through: Growth and • increased gold production at For personal use only Investment Tomingley • targeted exploration and development, and; • cornerstone investments. CORPORATE RELIABLE, LONG TERM LANDMARK DISCOVERY STRATEGIC INVESTMENT TO STRENGTH AND TR
Slide 6: Corporate Profile
Corporate Profile Ian Gandel (Non-Executive Chairman) For personal use only Mr Gandel is a successful Melbourne based businessman with extensive experience in retail Capital Structure management and retail property. Through his private investment vehicles Mr Gandel has been an investor in the mining
Slide 7: Tomingley Corridor: Central West NSW
Tomingley Corridor: Central West NSW For personal use only ~10km mineralised corridor adjacent to established processing infrastructure at Tomingley Gold Operations (TGO) ALKANE RESOURCES | ASX:ALK 6
Slide 8: Tomingley Operation
Tomingley Operation For personal use only • 1Mtpa processing plant operating since 2014 (permitted for 1.5Mtpa) • Exceeded FY21 production guidance with 56,958 oz at AISC A$1,320/oz • Open cut and underground operations • FY22 production guidance of 55-60,000 oz Resource (Roswell): 10.1Mt @2.04g/t A
Slide 9: Tomingley Operation
Tomingley Operation For personal use only • Extent of mineralisation at San Antonio, Roswell alone covers significantly larger area than original Tomingley discoveries Total Resource for TGO, Tomingley Extension Project and Peak Hill: 27.0 Mt @ 1.99g/t Au (1,727,000 oz)# Total Reserve for TGO and To
Slide 10: Tomingley Underground
Tomingley Underground For personal use only Existing development (yellow) and stopes (blue) under Wyoming One and the Caloma open cuts ALKANE RESOURCES | ASX:ALK 9
Slide 11: Tomingley Underground
Tomingley Underground For personal use only Existing development and stopes (yellow and blue) and planned development and stopes (blue lines and other colours) under Wyoming One and the Caloma open cuts ALKANE RESOURCES | ASX:ALK 10
Slide 12: Equipment Replacement
Equipment Replacement For personal use only • Productivity focus and preparation for • New equipment to be received by Q1 2022: Tomingley Gold Extension Project • Epiroc MT65 truck • New equipment received to date: • Sandvik DD422i jumbo • 3 x CAT 2900 loaders • CAT 2900 loader • 3 x Epiroc MT65 tru
Slide 13: Tomingley Extension Project
For personal use only Tomingley Extension Project • Life Of Mine (LOM) plan shows operation to at least 2031#. • Planned production of approximately 745,000 oz for the period, with processing ramping to a 1.5 mtpa. • The planned production profile (averaged for each period) is: • 50,000 – 60,000 ozp
Slide 14: Tomingley Extension Project
Tomingley Extension Project For personal use only • Development requires the diversion of the Newell • Capital cost planned to be funded from operating Highway onto land that Alkane has purchased. cashflow and debt, discussions underway with potential debt providers. • This diversion, together with
Slide 15: Tomingley Underground and Exploration Drive
Tomingley Underground and Exploration Drive For personal use only Existing development (yellow) and stopes (blue) under Wyoming One and the Caloma open cuts Existing development and stopes (yellow and blue) and planned development and stopes (blue lines and other colours) under Wyoming One, the Calo
Slide 16: Boda Prospect
Boda Prospect For personal use only • Significant Gold-Copper Porphyry mineralisation at Boda • Boda target identified by lithogeochemistry and geophysics, followed by RC drilling • Diamond holes show large scale mineralisation with higher grade core, continuing to the south and north west • Numerou
Slide 17: Boda – High grade breccia
For personal use only Boda – High grade breccia KSDD007; 028; 31; KSRC043 KSDD007 (96.8m @ 3.97g/t Au and 1.52% Cu) Chalcopyrite cemented breccia in potassic altered volcanics KSDD007 KSDD007 1,167m @ 0.55g/t gold, 0.25% copper from 75 metres incl 512m @ 1.00g/t gold, 0.44% copper from 688 metres in
Slide 18: North Molong Porphyry Project Drilling Program
North Molong Porphyry Project For personal use only Drilling Program Current Program: • Drilling focus on high grade as well as both near surface and repeat structure opportunities • Two diamond rigs and one RC rig on site • Kaiser to Boda Three mineralised envelope: • Over three kilometres long • U
Slide 19: Strategic Gold Investments
Strategic Gold For personal use only Investments • Additional value creation options beyond strong regional NSW exploration portfolio Alkane owns ~19.8% of Genesis Minerals, Alkane owns ~9.7% of Calidus Resources, • Long-term, potential value which has a 1,600,000oz+ high grade Au which is fully fun
Slide 20: Key Priorities for FY22
Key Priorities for FY22 For personal use only Test high grade extensions, near surface resources and repeat structures at Boda and nearby porphyry targets Early stage exploration across greater Boda region (North Molong Porphyry Project) Initial Boda Resource Tomingley Corridor Exploration Drive (un
Slide 21: For personal use only
For personal use only www.alkane.com.au @alkaneresources alkane-resources-ltd
Slide 22: Mineral Resources
Mineral Resources For personal use only PEAK HILL GOLD PROJECT MINERAL RESOURCES (as at 30 June 2021) Apparent arithmetic inconsistencies are due to rounding. Deposit Resource Cut-Off Tonnes (Kt) Gold Grade Gold Metal Copper These Mineral Resources are wholly inclusive of any Ore Reserves. Category
Slide 23: Ore Reserves
Ore Reserves TOMINGLEY GOLD OPERATION ORE RESERVES(as at 30 June 2021) For personal use only PROVED PROBABLE TOTAL Total Gold DEPOSIT Tonnage Grade Tonnage Grade Tonnage Grade (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Koz) Open Pittable Reserves (cut off 0.40g/t Au) Wyoming One 0 0.0 0 0.0 0 0.0 0
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