Alvo Minerals Limited · ASX:ALV
Alvo Minerals — IMARC Sydney 2024
20 slides from Alvo Minerals's conference presentation, Oct 31, 2024
Slide 1: ASX Announcement: Reissue of Investor Presentation - IMARC
ASX Announcement 31 October 2024 ASX: ALV REISSUE OF ASX RELEASE – INVESTOR PRESENTATION - IMARC Further to the ASX Investor Presentation given by Alvo Minerals Limited (ASX: ALV) (“Alvo” or the “Company”) on Tuesday, 29 October 2024 and a subsequent query from the ASX, the following information has
Slide 2: Active Brazilian Critical Minerals Explorer
Active Brazilian Am Critical Minerals Explorer October 2024 Amended IMARC Presentation
Slide 3: 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 4: Competent Person’s Statement
Competent Person’s Statement Palma Cu-Zn Project Mineral Resource Estimate: The information contained in this announcement that relates to information attributed to or compiled from the ‘Mineral Resource Estimate’ is based upon information compiled by Mr Marcelo Batelochi, a Competent Person and Mem
Slide 5: Highly Prospective Critical Minerals Projects in Brazil
Highly Prospective Critical Minerals Projects in Brazil Strong community and political support Access to multiple hydroelectricity options Proximal to all infrastructure including rail and ports Located in Central Brazil, an emerging critical minerals ASX:ALV hub 4
Slide 6: Corporate Overview - Framework for Discovery
Corporate Overview- Framework for Discovery Low Shares On Issue Board and Management 117.0 Exploration success can materially Alvo’s board has significant minerals exploration and million1 impact share price mining experience in Brazil and around the world. Graeme Slattery Experienced team in Brazil
Slide 7: Alvo: The Active Brazilian Explorer
Alvo: The Active Brazilian Explorer Extensive geological logging, Over 26km of Diamond Over 10,000 core geophysical surveys & studies Drilling conducted since Oct 2021 samples assayed of physical properties MILESTONES Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2
Slide 8: Critical Minerals Focus
Critical Minerals Focus Palma Copper-Zinc VMS Project High grade district scale Cu-Zn rich VMS project JORC 2012 MRE* of 7.6Mt @ 2% CuEq** (0.7% Cu, 4.0% Zn, 0.4% Pb & 14g/t Ag. MRE to be updated in ‘24. Recent discovery at C4 - best result 37m @ 1.9% CuEq or 4.6% ZnEq from 127m. Drilling for New Di
Slide 9: The Palma VMS Project
The Palma VMS Project Palma Project is a high-grade, Cu-Zn rich VMS district scale opportunity in Brazil - largely idle for over 30 years (1970s) VMS targets occur in clusters - Dominant land position (>850km2) with >70km of prospective strike – new C4 VMS discovery JORC MRE of 7.6Mt @ 2.0% CuEq, (0
Slide 10: 2024 JORC MRE
oe eer ALV MINERALS 2024 JORC MRE ° Tonnes NSR MetalAg Au Metal CuEq*** (Mt) n (Oz) ppm Au(Oz) — (%) Indicated 1.3. | 148 | 0.7 | 9,600 | 2.5 | 33,900 | 05] 7,200 | 13 | 540,000 | 0.01) 600 1.7 | 23,300] 4.7 c1 50 Inferred 1.2 | 173 | 05 | 6500 | 3.8 | 45,800 | 0.7] 8,000 | 17 | 640,000 | 0.01) 500
Slide 11: Anta Prospect - New area, co-incident targets
Anta Prospect- New area, co-incident targets •Historically explored by BHP and Votorantim •3km long x 500m wide soil anomaly, tightened by Auger drilling •Parallel to mapped geological contacts, outcrops of gossan and chert enhance geological setting •Co-incident with FLEM/DHEM and IP Chargeability
Slide 12: Urubu Prospect - North of C3
• 1km long EM conductor with strong co-incident Urubu Prospect- North of geochemistry and IP Chargeability. C3 • Strong ‘bottom of hole’ auger anomalies • Planned drilling will target FL/DHEM conductivity plates. ASX:ALV 11
Slide 13: Bluebush IAC REE Project Highlights
Bluebush IAC REE Project Highlights Exceptional TREO grades- 6m @ Alvo exercised the purchase option 2,537ppm & 18.5m @ 1,396ppm over Bluebush in December 2023 - TREO’s - High Magnet and Bluebush held privately since 2004. Heavy REE’s Same host as Serra Verde (SV)- only Large footprint of prospectiv
Slide 14: Bluebush IAC REE Project – Auger and Diamond Drilling
Bluebush IAC REE Project – Auger and Diamond Drilling 264 auger and 6 diamond holes drilled to date Exceptional MREO values so far; • 6m @ 2,537ppm TREO (21%) to EOH from 0m; inc. 3m @ 3,415ppm TREO (24% MREO) to EOH from 3m • 18.5m @ 1,396ppm TREO (25% MREO) Hand-held auger drilling and soils comme
Slide 15: Ipora Ionic-Clay REE Project
Ipora Ionic-Clay REE Project Ipora Ionic Adsorption Clay-Style Project is located in the Goias State, exceptionally prospective for ionic- clay rare earth mineralisation Recon auger drilling returned up to 5.5m @ 1,294ppm TREO (27% MRE) from 0.5m to EOH Met testing extracted up to 90% MREO- ave 53%-
Slide 16: Thank you
Thank you Rob Smakman Managing Director +61 402 736 773 rob@alvo.com.au
Slide 17: C3 Deposit: High-grade Cu-Zn
C3 Deposit: High-grade Cu-Zn JORC Resource of 3.5Mt @ 2.2%CuEq (1.0% Cu, 3.7% Zn, 0.2% Pb & 13g/t Ag) Exceptional intercepts • PD3-001: 25.0m @ 6.3% CuEq or 15.34% ZnEq • PD3-007: 23.2m @ 5.5% CuEq or 13.4% ZnEq • Inc. 10.6m @ 10.1% CuEq or 24.73% ZnEq • PD3-008: 19.7m @ 4.7% CuEq or 11.41% ZnEq • P
Slide 18: C1 Deposit: Shallow, High-grade
C1 Deposit: Shallow, High-grade JORC Resource of 2.5Mt @ 1.8%CuEq (0.6% Cu, 3.1% Zn, 0.6% Pb & 14g/t Ag) 1.2km mineralised strike – open at depth and along strike Exceptional intercepts o PD1-019: 21.8m @ 4.8% CuEq^ or 11.72% ZnEq from 142m Inc. 8.0m @ 7.7% CuEq or 18.80% ZnEq from 149m o PD1-030: 8
Slide 19: C4 – Maiden MRE
C4 – Maiden MRE Thick and high-grade Zn-Cu intercepts consistent with VMS mineralisation • 1.5Mt @ 1.8%CuEq (0.2%Cu, 3.3%Zn, 1.3%Pb, 28g/t Ag) • Drilling identified multiple stacked lodes including high grade zones around discovery hole. • IP survey and chargeability completed at C4 highlights furth
Slide 20: EV Permanent Magnets NEED Specific REEs
EV Permanent Magnets NEED Specific REEs EV Rare Earth Permanent Magnet Motor 30% 67% 3% Iron - Boron NdPr DyTb Primarily used for Electric vehicles Highest efficiency and lowest cost: Battery costs reduced by 30% (lower lithium, cobalt & nickel content). Compact: Lower size and weight. Strength: Hig