Amara Minerals Limited · ASX:AM3
Amara Minerals — Adelong Gold — Investor Presentation (April 2024)
13 slides from Amara Minerals's investor presentation, April 2024
Slide 1: Re-awakening One of Australia's Richest Gold Mines + New Brazil Projects
Re-awakening One of Australia’s Richest Gold Mines + New Brazil Projects April 2024 adelonggold.com
Slide 2: Important Information
Important Information The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restric
Slide 3: Investment Highlights
Investment Highlights Adelong Gold Project Brazil Lithium Projects ✓ Foundations for a commercial project ✓ Acquired a portfolio of 13 tenements across 2 • 800kozs historical production, inc 380koz major lithium/rare earth jurisdictions in Brazil – from Underground @ 45g/t Minas Gerais, Paraiba Stat
Slide 4: Adelong Gold Mine NSW – Grade is King
Adelong Gold Mine NSW – Grade is King ▶ Robust Scoping Study (update) was released in October 2022 and shows a highly profitable, low- capital development. Permitting is being progressed in 2024 with potential production within 12 months of development finance1 ▶ Drilling is planned in 2024 to add t
Slide 5: Adelong Gold Project
Adelong Gold Project Adelong Goldfield (NSW) 188K Total JORC Resource 1 Significant Resource Permitted with Processing Scoping Study confirms a Projects Potential Options viable project • Initial Scoping Study • ADG has substantially • Mining permit in place for • 800koz • Challenger based on 55%
Slide 6: Adelong Gold Mine Scoping Study Update 2022
Adelong Gold Mine Scoping Study Update 2022 An attractive “Stage 1” Project based on mining only existing Resources Table 1 - Summary of the financial analysis Various mining and processing Study relates to only (Based on A$2,650oz) options were considered with the final selection (Base Case) <50% S
Slide 7: Potential to Increase Adelong Project Returns
Potential to Increase Adelong Project Returns Resource Expansion Mining & Processing Gold Price Regional Potential • The Scoping Study shows any • Around 50% of the current • The Scoping Study was based • The Adelong Mine Site is additional shallow resources resources have not been on a gold price o
Slide 8: Brazil: New Frontier for Lithium & Rare Earths
Brazil: New Frontier for Lithium & Rare Earths ► Tier 1 Mining Jurisdiction: Accounts for > 30% of global iron ore production. ► Major Exporter: Leading exporter of lithium, tin, and manganese with substantial reserves of gold, nickel, bauxite, and niobium. ► Rare Earth Mining: Biggest miner of rare
Slide 9: Lithium Valley
Lithium Valley Large Hardrock Lithium Deposits Nearby ► Lithium Valley is situated within Minas Gerais province, rapidly becoming recognised as a world-class lithium destination. ► Within this province, there have been several major discoveries: • Sigma Lithium’s (NASDAQ:SGML) Grota do Cirio Deposit
Slide 10: Minas Gerais Tenements
Minas Gerais Tenements Major Lithium discoveries (such as Latin Resources) in Region The three Exploration Permits (EPs)1: ▶ show strong potential to host lithium- bearing pegmatites ▶ are proximate to fertile granite intrusives of the Salinas Formation ▶ are in an area that features the north- east
Slide 11: Paraiba Province Tenements Granted
Paraiba Province Tenements Granted Potential for lithium and rare earths to be investigated ▶ Two permits for 1,131Ha (11km2) in Area 1 (North) ▶ Eight permits totalling 15,149 Ha (151Km2) nearby ▶ Area known for Beryl, Tantalum, and lithium- related minerals 1,2,3 ▶ Peers include Solis Minerals Geo
Slide 12: Outlook and Next Steps
Outlook and Next Steps Adelong Gold Project Brazil Lithium Projects ▪ Detailed mapping in the key target areas ▪ Further drilling planned at key deposits within the Minas Gerais projects aiming contained within the scoping study to identify the presence of pegmatitic ▪ Potential to upgrade and exten
Slide 13: adelonggold.com
Ian Holland Mark Flynn Managing Director Investor Relations +61 428 397 245 +61 416 068 733 Ian.holland@adelonggold.com mark.flynn@adelonggold.com adelonggold.com Released with the Authority of the Board – April 2024