Alvo Minerals Limited · ASX:ALV
Alvo Minerals — Investor Presentation (May 2023)
19 slides from Alvo Minerals's investor presentation, May 9, 2023
Slide 1: Alvo: Active Brazilian Explorer
Alvo: Active Brazilian Explorer Palma Cu & Zn rich VMS RIU Sydney Resources Round-up May 2023
Slide 2: Disclaimer
Disclaimer This presentation: This presentation has been prepared to provide general information and does not contain all information about Alvo Minerals Limited (ACN 637 802 496) (Alvo or the Company), its assets and liabilities, financial position and performance, profits and losses or prospects.
Slide 3: Investment Summary
Investment Summary Active Exploration Palma Project is a high-grade, Diamond and Auger drilling operating, Cu-Zn rich VMS district scale EM & IP geophysical surveys ongoing, opportunity in Brazil regional geochemistry, mapping JORC MRE of VMS targets occur in clusters - Alvo has 4.6Mt @ 1.0% Cu, 3.9
Slide 4: Corporate Overview
Corporate Overview Low Shares On Issue Board and Management 72.8 Exploration success can materially Alvo’s board has significant minerals exploration and million impact share price mining experience in Brazil and around the world. Graeme Slattery Experienced team in Brazil to manage Active Corporate
Slide 5: Infrastructure & Location: Palma VMS Project
Infrastructure & Location: Palma VMS Project Strong community and political support Centaurus (Ni) Access to multiple hydroelectricity options Serra Verde (REE) Multiple rail options accessing ports and smelters Sealed roads to project ASX:ALV 5
Slide 6: The Palma VMS Project
The Palma VMS Project • Palma VMS district- 5 High-Grade Cu & Zn rich, shallow mineralised prospects- JORC resources on only 2 deposits • VMS typically occur in clusters - only the outcropping prospects drilled historically • Discovered in 1970’s, the District has been largely idle for ~30 years - A
Slide 7: Palma: A new VMS camp
Palma: A new VMS camp • Volcanogenic Massive Sulphide (VMS) deposits occur in clusters that define MAJOR 60 km mining camps • VMS are important global sources of Cu, Zn, Pb, Ag and Au • Palma has the right rocks to become a new VMS camp – new discoveries via Geophysics, Geochem + Drilling to confirm
Slide 8: C3 Prospect: Thick and High-Grades; Open Down Plunge
C3 Prospect: Thick and High-Grades; Open Down Plunge ASX:ALV 8
Slide 9: C3: High grade Copper and Zinc - Mini Cluster
C3: High grade Copper and Zinc - Mini Cluster C3 JORC 2012 MRE of 2.8Mt @ 1.1% Cu, 4.3% Urubu Prospect Zn, 0.2% Pb & 23g/t Ag FLEM. IP & soils – based on historic drilling only New Alvo drilling - multiple high-grade intercepts drilled will grow the resource C3 • PD3-001: 25.0m @ 6.3% CuEq or 15.34%
Slide 10: C1 Prospect: Diamond Drilling
C1 Prospect: Diamond Drilling • C1 is mineralised over 1.2km of strike - open at depth and along strike • Phase one diamond drilling intercepted significant polymetallic massive/semi-massive and disseminated sulphides o PD1-019: 21.8m @ 4.8% CuEq^ or 11.72% ZnEq from 142m Inc. 8.0m @ 7.7% CuEq or 18
Slide 11: Palma Exploration
Palma Exploration Resource Definition C1, C3 C4, C5, Pelicano TG01, TG02.. TG07 VTEM (15 Priority) & 60km of Soils ASX:ALV 11
Slide 12: Exploration Drilling, Ground Geophysics and Geochemistry Samples
Exploration Drilling, Ground Geophysics and Geochemistry Samples Extensive geological logging, Over 18,000m of Diamond Over 9,000 core geophysical surveys & studies Drilling conducted since Oct 2021 samples collected of physical properties 12000 2500 10000 Regional Exploration DD 19,456m 79 holes 20
Slide 13: Palma Exploration
Palma Exploration TG-01 TG-01 POMBO POMBO URUBU URUBU Multi-Discipline, Multi-Target MAFICO TG-08 MAFICO TG-08 EMA PELICANO C3 EMA PELICANO C3 TG-07 TG-07 Resource Definition C1, C3 C5 C5 C4, C5, Pelicano TG-11 TG-11 TG01, TG02.. TG07 TG-04 TG-04 TG-06 C1 TG-06 C1 VTEM (15 Priority) & 60km of Soils
Slide 14: Regional Auger Drilling- Expanding our Prospects
Regional Auger Drilling- Expanding our Prospects Auger drilling on extensive road/fence network to simplify access and cover the region ~500 holes completed to date (~4,200m end April) Auger holes at 200m spacing first pass Condor Prospect one of multiple new anomalies discovered- follow-up underway
Slide 15: Urubu Prospect- extension of C3?
Urubu Prospect- extension of C3? Urubu (Vulture) has coincident soils and IP chargeability, FLEM survey has confirmed a conductor in similar position FLEM survey indicates a thickness/conductivity similar to C3 (~1,000 siemens) Additional Soils and Auger drilling planned before drill decision Invers
Slide 16: C5: Exploration
C5: Exploration C5 exploration is one of multiple prospects and is presented as an example • CPRM completed soils and a single (mineralised) drillhole (not located) • 3 coincident elongated Cu/Zn/Pb anomalies- each > 1km • VTEM anomaly on eastern boundary Alvo completed 800 x 50m soils- infill to 40
Slide 17: Palma Project – Next Steps
Palma Project – Next Steps Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 C3 PROSPECT Extensional (phase 2) diamond drilling DHEM surveys on phase 1 & 2 drill holes C1 PROSPECT Extensional (phase 2) diamond drilling DHEM surveys on phase 1 & 2 drill holes REGIONAL EXPLORATION FLEM and IP to refine discovery targets
Slide 18: Investment Summary
Investment Summary Active Exploration Palma Project is a high-grade, Diamond and Auger drilling operating, Cu-Zn rich VMS district scale EM & IP geophysical surveys ongoing, opportunity in Brazil regional geochemistry, mapping JORC MRE of VMS targets occur in clusters - Alvo has 4.6Mt @ 1.0% Cu, 3.9
Slide 19: Thank you
Thank you Rob Smakman Managing Director VMS +61 491 260 374 BRAZIL rob@alvo.com.au