Adelong Gold Ltd · ASX:ADG
Adelong Gold — Investor Presentation (November 2023)
13 slides from Adelong Gold's investor presentation, Nov 1, 2023
Slide 1: Investor Presentation
Investor Presentation November 2023 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 Santa Rita do Aracuai Lithium Project Foundations for a commercial project An ideal complementary expansion 800k ozs historical production opportunity to Adelong’s project portfolio in a key, demand driven commodity in the massive 68km2 Exploration
Slide 4: Santa Rita do Aracuai Lithium Project
Santa Rita do Aracuai Lithium Project Highly Prospective Lithium Tenement Package in Brazil’s World Class Lithium Valley • Adelong Gold has entered into a binding agreement to acquire 3 prospective lithium exploration tenements in the prolific ‘Lithium Valley’ of Minas Gerais, Brazil • The region is
Slide 5: Project Geology
Project Geology • The three Exploration Permits (EPs): show strong potential to host lithium- bearing pegmatites cover the Ribeirão da Folha formation that forms part of Neoproterozoic Araçuaí orogeny and are proximate to fertile granite intrusives of the Salinas Formation are in an area that
Slide 6: Lithium Valley
Lithium Valley • 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 1: 94.2Mt @1.45% Li2O Latin Resources
Slide 7: Adelong Gold Project
Adelong Gold Project Adelong Goldfield (NSW) Significant Resource Permitted with Processing Scoping Study confirms a 188K Total JORC Resource 1 Projects Potential Options viable project 800k ozs Challenger Adelong Gold has Mining permit in place The initial Scoping Study Historical production 8
Slide 8: Scoping Study
Scoping Study An attractive project based on mining only existing measured and indicated resources Various mining and processing Study relates to only Table 1 - Summary of the financial analysis options were considered with the final selection (Base Case) <50% (Based on A$2,650oz) presented in the f
Slide 9: Additional Potential to Increase Adelong Project Returns
Additional Potential to Increase Adelong Project Returns Resource Expansion Underground Mining 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 go
Slide 10: Resource Expansion
Resource Expansion Historic production from the Adelong Goldfield more than 800,000oz • Existing resources are largely open at depth and along strike and recent drilling at Perkin’s West, Caledonian and Sawpit all show immediate potential for additional resources. • Many multiple vein systems exist
Slide 11: Regional Potential
Regional Potential Potential to truck ore into the Adelong Processing Plant • The Adelong Gold Project Processing Plant is located just 1.5km from the Snowy Mountain Highway • This plant is the only processing plant approved for use of cyanide in +100km radius • This gives it a major advantage that
Slide 12: adelonggold.com
Peter Mitchell Ian Hastings Mark Flynn Managing Director Chairman Investor Relations +61 400 880 309 +61 408 581 022 +61 416 068 733 peter.mitchell@adelonggold.com ian.hastings@adelonggold.com mark.flynn@adelonggold.com adelonggold.com Released with the Authority of the Board – November 2023
Slide 13: Appendix: Resources Statement (JORC 2012)
Appendix Resources Statement (JORC 2012) for Adelong Project based on 1g/tAu Cutoff Resources Statement (JORC 2012) for the Adelong Gold Project based on 1g/tAu Cutoff • Adelong Gold has substantially CHALLENGER deposit Tonnes (t) Au (g/t) Au (oz) increased the project resources since Measured Indic