Alba Mineral Resources Plc · LSE:ALBA
Alba Mineral Resources — Investor Presentation (February 2022)
33 slides from Alba Mineral Resources's investor presentation, February 2022
Slide 1: Corporate Presentation Q1 2022
Corporate Presentation Q1 2022 Unearthing hidden value from previously drilled or mined projects
Slide 2: Overview
Overview Focused on extracting unexploited value from previously mined or drilled projects Favouring assets in transparent, low-sovereign risk countries offering near-term production opportunities. Diversified portfolio of unique gold and base metal assets in the UK & Ireland - Clogau-St David’s Gol
Slide 3: Our Team
Our Team George Frangeskides Executive Chairman +25 years in the mining, legal and corporate advisory sectors in Australia and the UK, with significant experience in mergers and acquisitions and an extensive network of contacts across the mineral exploration and investment sectors globally. Michael
Slide 4: Strategy
Strategy 01 02 03 Develop existing assets with the Support investee companies Secure additional complementary objective of fast-tracking them into to strengthen their businesses assets that meet requirements of production, generating cash and and facilitate liquidity events being either brownfield (
Slide 5: Projects Overview
Projects Overview PROJECTS IN UK & IRELAND Clogau-St David’s Gold Mine, Wales Dolgellau Gold Exploration Project, Wales Gwynfynydd Gold Mine, Wales Limerick Base Metals, Ireland 05 | Mineral Alba Alba Mineral Resources Resources | Corporate | Corporate Presentation Presentation Q1 2022 Q4 2021
Slide 6: Clogau-St David's Gold Mine
PROJECTS Clogau-St David’s Gold Mine 06 | Alba Mineral Resources | Corporate Presentation Q1 2022
Slide 7: Overview
Overview CLOGAU-ST DAVID’S GOLD MINE, WALES The UK’s largest historic producer of gold Produced 80,000oz before the mine closed in 1998, when the gold price was $300 per ounce, compared to its present price of ~$1,800 per ounce (at 19/01/22) Since coming under Alba’s majority ownership in mid-2018 C
Slide 8: Geological Model
Geological Model CLOGAU-ST DAVID’S GOLD MINE, WALES Geological setting for gold at Clogau-St David’s is a complex interplay between the carbonaceous Clogau Shales, shear zones and intrusive greenstones to form auriferous quartz veins Historically, gold found in exceptionally high-grade pockets withi
Slide 9: Underground Workings
Underground Workings CLOGAU-ST DAVID’S GOLD MINE, WALES Underground workings (coloured green and white), Significant new lodes/lode extensions identified where far Height of modelled Llechfraith Payshoot extension which would cost millions to replicate today, provide less historical development has
Slide 10: Recent Activities
Recent Activities CLOGAU-ST DAVID’S GOLD MINE, WALES Significant work undertaken since mid-2018 to determine Circa 3,500 metres drilling from surface and underground viability of restarting commercial production resulting in the identification of several high-priority development targets within the
Slide 11: Commercialisation Opportunities for Welsh Gold
Commercialisation Opportunities for Welsh Gold Welsh Gold - Fetches premium over normal gold spot price Since mid-2020, the gold price has consistently traded at around 10 year highs - Clogau gold traditionally used to make the wedding rings for the Royal Family - Commercialisation opportunities: JV
Slide 12: Next Steps
Next Steps CLOGAU-ST DAVID’S GOLD MINE, WALES Anticipated route to commercial production Dewatering and rehabilitation of Llechfraith Main Shaft for channel and bulk sampling – permitting in progress Phase 2 larger-scale pitting and sampling of Rock Dump – ongoing Development works to open up priori
Slide 13: Dolgellau Gold Exploration Project
PROJECTS Dolgellau Gold Exploration Project 13 | Alba Mineral Resources | Corporate Presentation Q1 2022
Slide 14: Overview
Overview DOLGELLAU GOLD EXPLORATION PROJECT 90-100% interest in an exclusive 188 km² exploration licence over the Dolgellau Gold Field in North Wales Includes 300 historical workings and 11 past producing gold mines including Clogau and Gwynfynydd Extensive regional exploration campaign undertaken,
Slide 15: Multiple Near-Mine Gold Targets
Multiple Near-Mine Gold Targets DOLGELLAU GOLD EXPLORATION 6 new gold targets identified for follow-up investigation, including: - A 1.8 km long structure to the east of the Brintirion Fault, which cuts through and displaces the lodes between the Clogau and St David’s workings - A 2 km long target i
Slide 16: Multiple Regional Gold and Base Metal Targets
Multiple Regional Gold and Base Metal Targets DOLGELLAU GOLD EXPLORATION HAFOD OWEN AFON GAIN CASTELL CARNDOCHAN CAERWYCH A new Epithermal Au (Ag-Cu) target, part New target for gold mineralisation, with Mine operated until 1904 Lies in new ground staked in 2021 of the Coed y Brenin Porphyry distric
Slide 17: Gwynfynydd Gold Mine
PROJECTS Gwynfynydd Gold Mine 17 | Alba Mineral Resources | Corporate Presentation Q1 2022
Slide 18: Overview
Overview GWYNFYNYDD GOLD MINE The second largest producer of gold in the UK’s history, with significant unexplored production potential - From 1887, produced c.45,000 oz of gold at a mining grade of 15 g/t - 10,000 tonnes of ore extracted annually from total resource base of 180,000 tonnes during la
Slide 19: Limerick Base Metals
PROJECTS Limerick Base Metals 19 | Alba Mineral Resources | Corporate Presentation Q1 2022
Slide 20: Overview
Overview LIMERICK BASE METALS 100% owned and located within major zinc-lead district Located in the Irish Ore Field, which has been a major source of zinc production since the 1960s, 10km from Glencore’s Pallas Green zinc deposit, which forms part of the same target unit Three principal exploration
Slide 21: Zinc-Lead District
Zinc-Lead District LIMERICK BASE METALS Pallas Green 45.4 mt of 7% Zn and 1% Pb (inferred, 2019) Stonepark 5.1 mt of 8.7% Zn and 2.6% Pb (inferred, Irish Ore Field: home to some of Europe’s largest zinc- 2018) lead projects - Tara (Boliden) - Pallas Green (Glencore) - Lisheen (Vedanta) - Galmoy (Lun
Slide 22: Drill Targets
Drill Targets LIMERICK BASE METALS Primary focus on the central zinc-in-soil anomalous zone which lies over three potential NW-SE, north dipping structures identified from gravity and magnetic data (see image top left) The anomalous zinc zone has only been drill tested on the periphery in 2010. Some
Slide 23: GreenRoc Mining plc
INVESTMENTS GreenRoc Mining plc Greenland, 54% Interest 23 | Alba Mineral Resources | Corporate Presentation Q1 2022
Slide 24: GreenRoc portfolio of Greenland projects
Portfolio of high-grade projects in mining-supportive Greenland - Amitsoq: average graphite grades among highest in world - Thule Black Sands (TBS): high-grade in situ ilmenite - Melville: iron ore processable to a high-grade concentrate - Inglefield: geophysics review confirms prospective for IOCG-
Slide 25: World-Class Graphite Grades
World-Class Graphite Grades AMITSOQ GRAPHITE Two graphite areas (Amitsoq Island & Kalaaq mainland), located in Nanortalik region of southern Greenland. Very high-grade graphite, suitable for production of high purity product Amitsoq can deliver: for the Electric Vehicle (EV) sector § Battery-grade h
Slide 26: World-Class Graphite Grades
World-Class Graphite Grades AMITSOQ GRAPHITE Second graphite zone on Kalaaq mainland area – with substantial upside potential • 2021 programme extended already substantial zones of mineralisation • Projection of Upper Graphite Zone (UGZ) extended 360m to south and open along strike • Lower Graphite
Slide 27: Foothold in Emerging Ilmenite Province
Foothold in Emerging Ilmenite Province THULE BLACK SANDS High-grade ilmenite in N-W Greenland, extensively drilled with 10km of mineralised strike length and moving into the development phase Phase 2 Drilling Completed 2021 § Objective: to provide base for Scoping Study, EIA/SIA and Mining Licence a
Slide 28: Horse Hill Oil Project
INVESTMENTS Horse Hill Oil Project UK, 11.765% Interest 28 | Alba Mineral Resources | Corporate Presentation Q1 2022
Slide 29: Horse Hill Oil Field
Horse Hill Oil Field Almost continuous production since July 2018 - Two licences, PEDL137 and PEDL 246, located in the Weald Basin in southern England - Benefits from planning and regulatory consents for long-term production from the existing HH-1 and HH-2z wells Weald Basin, a long-established oil-
Slide 30: Environmental, Social & Governance Policies (ESG)
Environmental, Social & Governance Policies (ESG) Environmental Social Governance Compliance with all applicable Proactive engagement with Adherence to ethical practices environmental and ecological laws stakeholders in local communities and regulations to explain our activities and plans Adoption o
Slide 31: Indicative Timelines – Selected Project Activities
Indicative Timelines – Selected Project Activities Project / Activity Q1 2022 Q2 2022 Q3 2022 Q4 2022 Clogau: Waste Rock Dump Assaying/First Pass Processing Submit Planning Application Planning Process Planning Decision Upgrade of Processing Plant Commercial Mining Operations Commercial Processing O
Slide 32: Investment Case
Investment Case Unique assets with near-term production opportunities Upside from investments without funding risk Committed to developing portfolio organically & via acquisition Experienced team with a proven track record of value creation Value catalysts: multiple exploration & development program
Slide 33: Alba Mineral Resources plc contact details
Alba Mineral Resources plc Tel: +44 (0)20 3950 0725 Email: info@albamineralresources.com Web: albamineralresources.com
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