Slide 1: Presentation to RIU Explorers Conference
ASX RELEASE 17 FEBRUARY 2022 PRESENTATION TO RIU EXPLORERS CONFERENCE For personal use only IGO Limited (ASX: IGO) (IGO or the Company) is pleased to attach a copy of the presentation provided to the RIU Explorers Conference which is being held this week in Fremantle, Western Australia. IGO’s Explor
Slide 2: IGO Limited RIU Explorers Conference
For personal use only IGO Limited RIU Explorers Conference 17 February 2022
Slide 3: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer • This presentation has been prepared by IGO Limited (“IGO”) (ABN 46 092 786 304). It should not be considered as an offer or invitation to subscribe for or purchase any securities in IGO or as an inducement to make an offer or invitation with respect to those secu
Slide 4: Competent Persons Statement
For personal use only Competent Persons Statement • The information in this presentation that relates to IGO’s Mineral Resources or Ore Reserves is extracted from IGO’s ASX release dated 31 January 2022 titled “Annual Mineral Resource and Ore Reserve Estimates Update – CY21” and is available at http
Slide 5: Our Transformation
Our Transformation We have transformed our business and the way we work For personal use only Transformed Culture Transformed ESG Transformed Outlook Historic and Projected EBITDA (A$M)1 1200 1000 800 600 400 200 0 Long (A$M) Jaguar (A$M) Tropicana (A$M) Nova (A$M) Greenbushes (A$M) Kwinana Hydroxid
Slide 6: Our Strategy
Our Strategy Our Purpose of Making a Difference has underpinned our strategy For personal use only 5
Slide 7: Recent Highlights
Recent Highlights FY19 and 4Q19 Highlights Focused on delivering on our clean energy metals strategy For personal use only Our People Ensuring our people are safe, well and engaged with our business and unique culture Nova Nickel Operation Outstanding free cash flow generation and consistent product
Slide 8: Exploration & Discovery
For personal use only Exploration & Discovery 7
Slide 9: Enduring Commitment to Exploration and Discovery
Enduring Commitment to Exploration and Discovery Exploration strategy and budget maintained to unlock organic growth For personal use only FY22 Exploration Budget Copper Coast Broken Hill Ni Raptor / Irindina Lake Mackay A$9M Kimberley Project A$6M Nova & A$33M A$65M Fraser Range A$17M Paterson Proj
Slide 10: Overview of IGO's Exploration Projects
Overview of IGO's Exploration Projects Extensive portfolio of projects targeting nickel and copper For personal use only Fraser Range Ni-Cu-Co Large-scale ground consolidation (multiple JVs) Major brownfield program Kimberley Ni-Cu-Co West Kimberley (multiple JVs) East Kimberley (staked 100%, sel
Slide 11: Fraser Range Project
For personal use only Fraser Range Project 10
Slide 12: Fraser Range Project
Fraser Range Project Work continues to unlock discovery For personal use only 13,067 km2 of exploration tenure Six diamond drill holes completed at Red Bull, Celestial, Titan, Hook and Bilby Mafic-ultramafic rocks continue to be encountered in most drill holes, some containing evidence of magmatic s
Slide 13: Near Nova
Near Nova Chimera target upgraded and drilling commenced at Silver Knight For personal use only Deep diamond drill hole completed at Chimera; strong off-hole DHEM conductor detected Continue to delineate mafic-ultramafic complex indicative of a productive nickel-copper-cobalt sulphide system Silver
Slide 14: Near Nova
Near Nova Chimera target1 upgraded and drilling commenced at Silver Knight For personal use only 1. Refer to IGO ASX Release “CY20 Annual Report of Exploration Results, Mineral Resources and Ore Reserves, 31 December 2020", released 17 March 2021. 13
Slide 15: Fraser Range Project: Test-bed for new technologies
Fraser Range Project Test-bed for new technologies For personal use only Passive Seismic Tomography trial with CSIRO Orders of magnitude in cost efficiency compared to conventional active seismic Can it delineate intrusions of interest to depths up to 2km? 14
Slide 16: Kimberley Project
For personal use only Kimberley Project 15
Slide 17: Kimberley Project
Kimberley Project Well positioned covering mafic and ultramafic intrusions in east and west Kimberley For personal use only 13,774 km2 of exploration tenure Field validation of airborne EM, magnetics and radiometric data interpretations Accessing proprietary De Beers database and sample inventory Re
Slide 18: Kimberley Project
Kimberley Project First stage populating the target portfolio For personal use only Ground truthing prospective corridors Prioritisation of ground EM surveys Following up historic “orphaned” anomalism 17
Slide 19: Kimberley Project
Kimberley Project Skarloey Prospect1 For personal use only 210m x 140m 9,000S EM Plate Ruins Dolerite from Skarloey with oxidised sulphide 1. Refer to Buxton Resources ASX Announcement titled, “Quarterly Activities Report for period ending 31 December 2021", released 31 January 2022. 18
Slide 20: Paterson Project
For personal use only Paterson Project 19
Slide 21: Copper Under Cover
Copper Under Cover Paterson, Copper Coast, Frontier For personal use only Mineral Systems approach 4D modelling of basin architecture Integrating results from cutting edge techniques 20
Slide 22: The Paterson Project
The Paterson Project New ideas in a re-emerging belt For personal use only 6,670 km2 of exploration tenure Stratigraphic drilling to test new concepts Ground MT Fine fraction soil geochemistry Completing Airborne EM Trialing Airborne MT 21
Slide 23: The Paterson Project
The Paterson Project Collecting data to build a 4D basin model for superior targeting For personal use only 22
Slide 24: Copper Coast Project
For personal use only Copper Coast Project 23
Slide 25: Copper Coast Project
Copper Coast Project An underexplored sedimentary copper opportunity For personal use only 6,670 km2 of exploration tenure Stratigraphic drilling to test new concepts Ground MT Gravity Surveying Trialing Airborne MT 24
Slide 26: Copper Coast Project
Copper Coast Project New datasets providing new ideas For personal use only Stratigraphic Previous IGO Infill Drilling GSSA Gravity Gravity 25
Slide 27: Concluding Comments
Concluding Comments We are bold, passionate, fearless and fun – a smarter, kinder, more innovative company For personal use only Diverse team with broad skills and open minds IGO portfolio 100% aligned to clean energy metals We have an enduring strong commitment to Exploration and Discovery Our worl
Slide 28: Making a Difference
For personal use only We believe in a world where people power makes amazing things happen. Where technology opens up new horizons and clean energy makes the planet a better place for every generation to come. We are bold, passionate, fearless and fun - a smarter, kinder, more innovative company. Ou