Asiamet Resources Limited · LSE:ARS
Asiamet Resources — Corporate Update (August 2022)
24 slides from Asiamet Resources's corporate update, August 2022
Slide 1: Building a New Asian Copper Mining Business
BUILDING A NEW ASIAN COPPER MINING BUSINESS AIM : ARS AUGUST 2022 JUNE 2019
Slide 2: Forward Looking Statement
Forward Looking Statement The information contained in this confidential document (the “Presentation”) has been prepared by Asiamet Resources Limited (the “Company” or "Asiamet") solely for informational purposes. Information contained herein does not purport to be complete and is subject to certain
Slide 3: Company Overview
Company Overview Asiamet Resources Limited (AIM:ARS) is focused on the development and growth of its high quality, large scale, copper, copper-gold and polymetallic deposits in Indonesia HIGH QUALITY COMPELLING VALUE PROVEN TEAM PORTFOLIO BIG GROWTH • Rare portfolio of base and • JORC Resources cont
Slide 4: Why Invest in Asiamet
Why Invest in Asiamet • Strong macro environment for copper Capital Structure (AIM: ARS) • 3Mt copper in JORC Resource-Reserve on the As at 2 August 2022 doorstep of key consumer markets with big upside Share Price 1.2p • Proven team of mine finders and developers Shares in issue (m) 1,943.2 • 20-25
Slide 5: Copper – A Key Driver of the Energy Transition
Copper – A Key Driver of the Energy Transition BKM Commences Production 5
Slide 6: Copper Outlook is Strong
Copper Outlook is Strong Rising demand from Renewables and EV Sectors • Worlds largest base metals market (22Mtpa consumption and growing) • Multitude of industrial applications • Global decarbonisation push and demand for electricity generation and transmission continues to grow strongly • Renewabl
Slide 7: Corporate Overview
Corporate Overview Experienced team with proven track record Executive Management Tony Manini Leonard Aurlianus Executive Chairman Chief Financial Officer Geologist, 30+ years, Rio Tinto, Oxiana/OZ Finance 19+ years, PT Baramutiara, PT Servo Minerals, Tigers Realm, EMR Capital. Meda Sejahtera, Brahm
Slide 8: Key Projects – Indonesia
Key Projects – Indonesia KSK Project KSK Contract of Work (100%) Beutong IUP (80%) KSK COW ~400km² BKZ Polymetallic deposit with JORC Compliant Resources of 2.4Mt Long-term tenure – 30yrs post significant resource base (5.3Blb) Cu, 2.1Moz Au, 20.9Moz Ag commencement of mining with 15 high
Slide 9: Kalimantan KSK CoW
Kalimantan KSK CoW BKM – JORC Resources and Reserves with Strong Growth Potential Ore Reserves Category Mt Cu Grade % Copper Kt Proved 21.1 0.6 137 Probable 30.4 0.5 166 Total 51.1 0.6 303 Measured Mineral Resources Cut-off Cu % Mt Cu Grade % Copper Kt 0.2 20.6 0.7 148.5 0.5 14.9 0.8 124.9 0.7 8.6 1
Slide 10: BKM Initial Project – Feasibility Study
BKM Initial Project – Feasibility Study* Strong Production and Cashflow with Growth Potential LOM Copper Cathode Production 25.0 Initial mine life 9 years with strong potential Copper Cathode Production (Kt) 20.0 to convert Resources and extend mine life 15.0 20-25ktpa Heap Leach SX-EW to produc
Slide 11: Kalimantan KSK CoW
Kalimantan KSK CoW BKZ Resource and Resource Growth Potential BKM-BKZ 2021 Resource Expansion Drilling BKZ Mineral Resource Estimate – May 2022 • Drilling to date supports a volcanogenic massive sulphide Upper Polymetallic Zone, High Grade Zinc Domain – Inferred Resource (JORC 2012) ¹ model (VMS) fo
Slide 12: Kalimantan KSK CoW
Kalimantan KSK CoW Regional Scale Tenement – Potential for multiple discoveries 15 highly prospective targets identified Copper-rich polymetallic vein systems over 4 sqkm at Far East Zone (FEZ). Approximately 10sqkm of potential interest at Baroi Central and South FEZ defined by outcropping ma
Slide 13: Beutong Copper-Gold Project
Beutong Copper-Gold Project 13
Slide 14: Beutong Project – Infrastructure Advantage
Beutong Project – Infrastructure Advantage Road, Power, Port Infrastructure Nearby Project is located only 60km inland and north-east of the township of Meulaboh, Aceh Access to project site is via partially sealed roads from the regional towns of Meulaboh and Takengon Meulaboh - population 50
Slide 15: Beutong Project – Exciting Cu-Au Discovery
Beutong Project – Exciting Cu-Au Discovery High Quality Deposit with Huge Upside Large, high quality porphyry Cu-Au-Mo deposit. Copper Model Measured + Indicated JORC Resources (100%) 1.2BIbs Cu, 0.4Moz Au, 5.7Moz Ag, 20Mlbs Mo * Inferred JORC Resources (100%) 4.1BIbs Cu, 1.7Moz Au, 14.9Mo
Slide 16: Beutong Copper - Gold Deposit
Beutong Copper - Gold Deposit Large, High Quality, Globally Significant 2.50% 2.25% 2.00% Carrapateena 1.75% (Australia) 1.50% Marcona Copper Grade (Peru) 1.25% Olympic Dam (Australia) Beutong Large Cu-Au Resource Expected to Grow 1.00% Beutong High Grade Core 0.75% Beutong Sentinel (Indonesia) Anta
Slide 17: Timeline
Timeline The indicative timeline below outlines the key activities the Company is working towards to bring the BKM copper project into production. Feasibility Financing Financing Construction Study Update Permitting Site Prep Work Commissioning Construction Ramp-up • Complete FS • Commence • Complet
Slide 18: Environment and Community
Environment and Community Active programmes Asiamet has been closely involved in community and social development in Central Kalimantan since commencing exploration work in 1981. Company established Yayasan Tambuhak Sinta (YTS) foundation in 1997 and has provided management, staffing, and financia
Slide 19: Why Invest in Asiamet Resources?
Why invest in Asiamet Resources? Why Invest in Asiamet Resources?? Quality Assets & People Value Timing Focussed team with a proven track Sustained strong copper demand Rare near-term development record - Indonesia, discovery, mine driven by Asian economic growth, ready copper project – strate
Slide 20: Contact Information
Contact Information AIM | ARS Tony Manini Executive Chairman E: tony.manini@asiametresources.com W: www.asiametresources.com 20
Slide 21: Appendices
Appendices od ASIAMET RESOURCES 21
Slide 22: Appendix 1. Beutong Project – Mineral Resource
Appendix 1. Beutong Project – Mineral Resource Large Cu-Au-Mo deposit with higher grade core from surface Beutong 2019 Resource Estimate - Report at 0.3% Cu Lower Cut Classification Grade Metal Mineralisation Tonnes (Mt) (JORC 2012) Cu (%) Au (ppm) Ag (ppm) Mo (ppm) Cu (Kt) Au (kOz) Ag (kOz) Mo (Kt)
Slide 23: Appendix 2. Kalimantan KSK CoW
Appendix 2. Kalimantan KSK CoW BKM Copper Project – Process Flow Sheet Conventional Process Design Process Route involves: 1. Crushing & grinding 2. Agglomeration 3. Heap-leach 4. Pls pond 5. Solvent Extraction/Electrowinning (SX-EW) 6. Producing Grade A Copper Cathode 23
Slide 24: Kalimantan KSK CoW
Kalimantan KSK CoW BKZ – 2021 / 22 Resource Drilling 2021 BKM-BKZ Resource Expansion Drilling • Significant drill intercepts returned • Strong visuals in additional drillholes Upper Zn Pb Cu Ag Au Polymetallic Zone Highlights to Date BKZ33500-02 10.2m @ 6.8% Zn, 2.3% Pb, 41g/t Ag BKZ33600-07 6m @ 12