Alma Metals Limited · ASX:ALM

Alma Metals — South-West Connect Conference (October 2024)

17 slides from Alma Metals's conference presentation, Oct 16, 2024

  1. Slide 1: An Australian Copper Company

    AN AUSTRALIAN COPPER COMPANY For personal use only COMPANY PRESENTATION OCTOBER 2024

  2. Slide 2: Cautionary Statements

    CAUTIONARY STATEMENTS Competent Persons Statements This presentation includes certain “Forward- Looking Statements”. Dr Tabeart consents to the inclusion of the data in the form and context The words “forecast”, “estimate”, “like”, “anticipate”, “project”, in which it appears. This presentation has

  3. Slide 3: Alma Metals Overview

    Alma Metals Overview Alma Metals Ltd is primarily focused on the development of its Briggs Copper Project in Queensland, Australia: For personal use only  Briggs Copper JV (Alma 51%) : ALM earning up to 70% interest in a large porphyry copper-molybdenum project containing an inferred resource of 41

  4. Slide 4: ALM: Corporate Snapshot

    ALM: Corporate Snapshot Alasdair Cooke Executive Chairman SHARES ON ISSUE: 1,542M Geologist and founding director, 35 years in mining For personal use only Current Director Caravel Minerals, African Energy Ltd., formerly BHP Minerals, Exco Resources. OPTIONS 25M Frazer Tabeart Managing Director MARK

  5. Slide 5: Opportune Time: Strong Copper Fundamentals Over the Next Years

    Opportune Time: Strong Copper Fundamentals Over the Next 20 Years INCREASING DEMAND SUPPLY-SIDE CONSTRAINTS For personal use only  Copper required for all EV’s and renewable energy  Average mining grades are dropping each year  Critical mineral for global decarbonisation  Deposit discovery rates

  6. Slide 6: Briggs Copper Deposit

    Briggs Copper Deposit Briggs JV Copper Project Calliope Gladstone  Large-scale, outcropping deposit: For personal use only  >1 million tonnes copper with huge upside for tonnage and grade  Potential open pit with very low strip ratio  Excellent preliminary metallurgy, 92-95% Cu recovery  Excell

  7. Slide 7: Scale + Growth

    Scale + Growth >1 MILLION TONNES COPPER METAL For personal use only  Over 1 million tonnes copper and >28Mlb molybdenum in mineral resource estimate.  TONNAGE UPSIDE: Additional Exploration Target comprising 480Mt to 880Mt @ 0.20% to 0.30% Cu and 20ppm to 40ppm Mo1 Inferred Mineral Resource Estima

  8. Slide 8: Higher Grades Mapped by Soil Geochemistry at Briggs

    Higher Grades Mapped by Soil Geochemistry at Briggs  Drilling has strongly validated gridded soil sampling data as a useful guide to locating sub-surface grades For personal use only >0.3% Cu, particularly the top 200m.  Significant upside is highlighted on the SW flank of the Briggs Central depos

  9. Slide 9: Assay results

    Assay results OUTSTANDING RESULTS FROM CURRENT DRILLING PROGRAM  Assays from hole 24BRD0026 best-to-date at For personal use only Briggs with:  276m @ 0.45% Cu and 24ppm Mo from surface  Including 49m @ 1.01% Cu, 17ppm Mo from 3m  Initial drilling success give confidence in our strategy to defin

  10. Slide 10: High Copper Grades Controlled by Lithology and Overall Geometry

    High Copper Grades Controlled by Lithology and Overall Geometry For personal use only Figure 1. High-grade copper mineralisation in the form of chalcopyrite in magmatic quartz. Hole 24BRD0028 at 39.5m down- hole depth from a sample which assayed 2.0% Cu over a 2.3m interval. Core diameter 61.1mm. GD

  11. Slide 11: Targeting Higher-Grades around Intrusive Contact = Potential Starter Pit

    Targeting Higher-Grades around Intrusive Contact = Potential Starter Pit Northern Porphyry 3D model of Cu distribution (>0.20% Cu) For personal use only derived from all drilling and soil sampling 50Mt @ 0.24% Cu + 32ppm Mo Exploration Target Outline Briggs Porphyritic Granodiorite (interpreted 3D g

  12. Slide 12: Oxide Zones Warrant Further Review

    Oxide Zones Warrant Further Review  Oxide/supergene zones caused by weathering seen in For personal use only holes 24BRD0026, 23BRD0021 confirm the local presence 0.8% Cu of up to 30m vertical thickness of secondary copper mineralisation from surface.  All holes drilled to date show evidence of th

  13. Slide 13: Briggs Scoping Study Components

    Briggs Scoping Study Components  Infill Drilling + Resource Update For personal use only  Detailed (80m-spacing) drilling to evaluate SW margin of Briggs Central.  Conversion of a significant portion of resource to JORC Indicated in Q1, 2025.  Provision of material for metallurgical test-work. 

  14. Slide 14: Excellent Infrastructure in Low-Risk Jurisdiction

    Excellent Infrastructure in Low-Risk Jurisdiction  GOOD INFRASTRUCTURE REDUCES CAPITAL COSTS For personal use only  60km from deep-water port (Gladstone).  Multiple high-voltage power lines within 10-15km.  Heavy haulage railway currently used for coal exports.  Multiple gas pipelines.  Major

  15. Slide 15: East Kimberley Copper Project

    East Kimberley Copper Project FIRST MOVER OPPORTUNITY FOR HIGH-GRADE COPPER  Seven exploration licences (100% ALM) in the East Kimberley District of WA. For personal use only  Highly prospective for sediment-hosted, stratiform copper mineralisation like the world class central African Copper Belt

  16. Slide 16: Developing a large-scale copper project at an opportune time

    Alma: Developing a large-scale copper project at an opportune time, in a low-risk jurisdiction, close to excellent infrastructure, and with enormous leverage  Large resource at Briggs with >1M tonnes Cu metal For personal use only  Resource upside and potential to increase grade  Successful 2024

  17. Slide 17: Alma Metals

    ALMASMETALS ASX:ALM almametals.com.au X fH @

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