Aldoro Resources Ltd. · ASX:ARN

Aldoro Resources — Investor Presentation (April 2024)

29 slides from Aldoro Resources's investor presentation, April 2024

  1. Slide 1: Latest Presentation April 2024

    Latest Presentation April 2024 ASX:ARN

  2. Slide 2: Disclaimer

    Disclaimer The material in this Presentation has been prepared by Aldoro Resources Limited (“Aldoro”) and is general background information about Aldoro’s current activities as at the date of this presentation. This information is given in summary form and does not purport to be complete. Informatio

  3. Slide 3: Aldoro's Flagship Project: Kameelburg Niobium-REE Project

    Aldoro’s Flagship Project: Kameelburg Niobium-REE Project Kameelburg Carbonatite • Located in Namibia: one of the lowest sovereign risk areas in Africa • Multi-commodity resource potential: Niobium, Rare Earth Metals and Phosphate • Large 1.4km diameter plug ringed in dykes and rising 270m above the

  4. Slide 4: Namibia: An Attractive Investment Destination

    Namibia: An Attractive Investment Destination • Republic with Independence since 21 March 1990 • Namibia has a population of approx. 2.53 million people (2021) • GDP: USD$12.31 billion (2021) Kameelburg • Tax Regime: • 2% (P2O5) and 3% (REE, Nb) royalty rate (on gross sales) • 37.5% corporate tax (o

  5. Slide 5: Kameelburg Project: High Quality Infrastructure with Spare Capacity

    Kameelburg Project: High Quality Infrastructure with Spare Capacity Hydroelectricity Power Walvis Bay, one of Kameelburg Grid, Kameelburg the three main located on a 220kV line ports in Southern Africa has undergone a major upgrade Bulk and Container facilities at Walvis Bay Port The Railway from Ka

  6. Slide 6: Kameelburg Carbonatite Geology & Location

    Kameelburg Carbonatite Geology & Location MODEL

  7. Slide 7: Kameelburg Historical Sampling

    Kameelburg Historical Sampling – 662 samples with full analytical data • Historical Quality Data Set • Samples on 100m grid, 1900m E-W by 1600m N-S • Rock chip sampling not biased, based on outcrop availability. Kameelburg Sampling TREO Results 2 Soil Rock Chip Area, km TOTAL GRID 3.04 Number 410 31

  8. Slide 8: Kameelburg TREO distribution

    Kameelburg TREO distribution • Soil TREO distribution shows some correlation with the rock sampling but some gaps suggesting local TREO enriched rock not sampled. • Multiple dykes not reflected in the 100m spaced sampling

  9. Slide 9: Kameelburg Niobium distribution

    Kameelburg Niobium distribution • Niobium in the soils is more widespread than that in the rock samples suggesting unsampled Nb dykes exist. • Nb2O5 sample in the SW corner with 4.75% Nb2O5 sits in the margin of the carbonatite • SW corner sample has no soil halo • Both pyrochlore and ferrocolumbite

  10. Slide 10: Kameelburg Phosphate Endowment

    Kameelburg Phosphate Endowment • Mineral Apatite is source of the phosphate • Phosphate up to 17.25% P2O5 in the rock samples • Only some correlation between the soils and rock sample especially in the lower areas perhaps reflecting phosphate going into solution?

  11. Slide 11: Kameelburg: Latest Metallurgical Sampling

    Kameelburg: Latest Metallurgical Sampling • Multiple drill core at 100mm diameter and up to 1m long taken at 7 sites over the carbonatite for metallurgical test work. • Head grades ranged from 1.08% to 3.53% TREO • Bench testing at Bureau Veritas (Perth) underway to develop flow sheets for Nb and RE

  12. Slide 12: Kameelburg Mineralogy

    Kameelburg Mineralogy TIMA Corrleation? Qemscan Group Actinolite_Mg Fe Ox/OH amphibole Albite Feldspars Mn Oxides • Historical TIMA work (CSIRO 2016) and recent Allanite Ti Oxides sorosilicate epidote Andesine Feldspars Nb Oxides QEMSCAN identified a suite of minerals Ankerite Dolomite/Ankerite Calc

  13. Slide 13: Kameelburg: Niobium Rich dykes

    Kameelburg: Niobium Rich dykes Sample Easting Northing Elevation Datum Nb2O5_% • Historical grade of 4.75% Nb2O5 KM00300_1 6209911 7702088 1457 WGS84_33S 7.58 KM00300_2 6209911 7702089 1457 WGS84_33S 8.65 KM00300_3 6209911 7702090 1457 WGS84_33S 9.01 • Due Diligence revealed 5.77-9.03% Nb2O5 KM00300

  14. Slide 14: Kameelburg: Forward Work Programme

    Kameelburg: Forward Work Programme • Geological mapping and sampling currently in progress • Preparations underway for drilling and include water bores and access tracks • Planned initial 10 diamond holes at 200m lengths for 2000m • Drilling to target Niobium and REE mineralisation

  15. Slide 15: Other Projects: West Australia

    Other Projects: West Australia • Wyemandoo Project – four exploration licences 259.25km2 with focus on Li & Rb • Niobe Project – one prospecting licence with mining application over 195.8ha, with focus on Rb • Narndee Project – two exploration licences – 166.48km2 focusing on Ni-PGE-Au

  16. Slide 16: Wyemandoo Lithium Project

    Wyemandoo Lithium Project • Located on the margin of the Windimurra Igneous Complex • Characterised by numerous pegmatite swarms sourced from the late stage fractionated parental granites to the east • Pegmatite Corridor up to 6km wide and over 15km long • Pegmatites show variable with Li2O up to 2.

  17. Slide 17: Wyemandoo Pegmatite Drilling

    Wyemandoo Pegmatite Drilling • RC drilling conducted on two geomorphic domes (1 –NE & 2- SW). • Dome 1 exposed sills with possible feeder dyke to the SW • Dome 2 hill is skirted by stacked pegmatite sills with multiple zones intersected in the drilling.

  18. Slide 18: Wyemandoo Passive Seismic Surveys (ANT)

    Wyemandoo Passive Seismic Surveys (ANT) • ANT conducted over two areas (NE & SW) over anomalous Li and Rb bearing pegmatites and aimed at locating source rock • NE cluster of anomalous Li & Rb low seismic contrast no defined anomaly • SW linear trend of Li & Rb possibly associated with discrete seis

  19. Slide 19: Wyemandoo - Northwest Pegmatite Cluster

    Wyemandoo - Northwest Pegmatite Cluster • Multiple pegmatite dykes • Only a few areas investigated • No Drilling yet • Li2O rocks to 1.27% with several rock chips > 1% • Potential for stacked sills and feeder dykes

  20. Slide 20: Niobe Rubidium & Lithium Project

    Niobe Rubidium & Lithium Project • The Niobe Project is 100% owned and is located 80km by road northwest of Mount Magnet, Western Australia and resides inthe Dalgaranga Greenstone Belt • The Niobe Rubidium-Lithium Project consists of a cluster of pegmatite dykes that stretch across the 1.4km width o

  21. Slide 21: Niobe Rubidium & Lithium Project

    Niobe Rubidium & Lithium Project Main Mount Farmer Pegmatite - Width up to 50m and strike over 400m - Rb reported up to 1% with majority between 0.1% - 0.51% - Li2O up to 1.27% Northeast Mount Farmer Pegmatite - Width up to 50m and strike over 400m with 100m intersect - Rb average of 0.1% from 9 hol

  22. Slide 22: Niobe Rubidium & Lithium Project

    Niobe Rubium & Lithium Project • Historical small-scale Ta mine, screened onsite, tailings available • Aldoro identified potential for Rb mining with Li by product • Resource current sits at 5Mt with potential of 10-20Mt with historical stockpile of 0.5-1Mt • Pegmatites are shallow and amenable to o

  23. Slide 23: Niobe – Inferred Resource

    Niobe – Inferred Resource A A’ Inferred Resource (undergoing expansion) Total High Level Estimate Type Tonnage Rb2O Li2O Rb2O Li2O t % % t t Oxide 111,000 0.15 0.07 170 70 Transitional 974,000 0.17 0.05 1,670 530 Fresh 3,530,000 0.18 0.07 6,220 2,480 Total 4,615,000 0.17 0.07 8,060 3,080 - Using 0.0

  24. Slide 24: Why Rubidium?

    Why Rubidium ? “Global Rb demand of 200t/y @ +90% purity from an estimated 180,000 ore tons @ 0.1%” • Global Rubidium Market C A G R + 4 % through till 2 0 2 6 • Demand expected to grow 22% by 2026 • Rubidium used in specialty glass (fiber) enables 4 G and 5 G networks, demand increasing with networ

  25. Slide 25: Rubidium Market Overview

    Rubidium Market Overview Rubidium enables multiple high growth technology market applications such as Biomedical, Electronics and Communications Source: Mordor Intelligence Analysis Source: Mordor Intelligence Analysis A SX : A R N | aldororesources.com 25

  26. Slide 26: Narndee Project – Narndee Igneous Complex

    Narndee Project – Narndee Igneous Complex • Narndee Project has a Ni-Cu- PGE-Au focus with several zones of nickel bearing sulphides intersected at depth • Two main areas of mineralisation identified VC01 and the Eastern Target • VC01 an interpreted zone up to 300m long with the thickest zone having

  27. Slide 27: Narndee VC01 Mineralisation

    Narndee VC01 Mineralisation Hole_ID Easting Northing Elevation Dip Azm EOH(m) Cu_% From_m To_m Ni_% From_m To_m Co_% From_m To_m Thickness Ni_% Cu_% Co_% NDD0001 609880 6804820 450.4 -70 270 273.6 0.15 212.75 214.4 0.93 212.75 214.4 0.07 212.75 214.4 1.65 0.93 0.15 0.07 NDD0002 609850 6804740 448.9

  28. Slide 28: Narndee Eastern Anomaly

    Narndee Eastern Anomaly Hole_ID Dip Azm EOH(m) Cu_% From_m To_m Ni_% From_m To_m Co_% From_m To_m Pdg/t Ptg/t Anomaly Thickness Ni_% Cu_% Co_% NDD0019 -62.5 270 204.6 0.29 150.1 151.6 0.76 150.1 151.6 0.06 150.1 151.6 VC1 1.5 0.76 0.29 0.06 NDD0020 -77.5 270 201.4 VC1 NDD0021 -60 90 201.6 1.50 141.8

  29. Slide 29: Thank You

    T H A N K YO U For more information please email: mark@aldororesources.com

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