Alkane Resources Ltd · ASX:ALK
Alkane Resources — Shareholder Meeting (November 2020)
17 slides from Alkane Resources's shareholder meeting presentation, Nov 4, 2020
Slide 1: Annual General Meeting Presentation
For personal use only ANNUAL GENERAL MEETING PRESENTATION Nic Earner, Managing Director 4 November 2020 © 2020 Alkane Resources
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Alkane Resources Ltd, industry growth or other trend projections. Such s
Slide 3: Strategy: Growth and value through increased gold production at Tomingley
Strategy, “Alkane is growing shareholder Growth and value through increased gold production at Tomingley For personal use only Investment alongside targeted exploration, development and cornerstone investments.” CORPORATE RELIABLE, EXISTING LANDMARK DISCOVERY STRATEGIC INVESTMENT TO STRENGTH AND TRA
Slide 4: Corporate Profile
Corporate Profile Ian Gandel (Non-Executive Chairman) For personal use only Mr Gandel is a successful Melbourne based businessman with extensive experience Capital Structure in retail management and retail property. Through his private investment vehicles Mr Gandel has been an investor in the mining
Slide 5: Demerger of Australian Strategic Materials Completed
Demerger of Australian Strategic “The demerger of ASM Materials (ASX:ASM) Completed continues Alkane’s track For personal use only record of delivering significant value for shareholders.” • True value of combined assets (ALK and ASM) difficult to ascertain • ALK Board acted in response to the views
Slide 6: Tomingley Corridor: Central West NSW
Tomingley Corridor: Central West NSW For personal use only ~10km mineralisation adjacent to established processing infrastructure at Tomingley Gold Operations (TGO) ALKANE RESOURCES | ASX:ALK 6
Slide 7: Tomingley Gold Operations (TGO)
Tomingley Gold Operations (TGO) For personal use only • 100%-owned 1.0mtpa plant constructed on time and on budget in 2014 • Achieved run rate of 1.4mtpa on oxide ore soon after commissioning • Met production guidance for FY20 of 33,507oz gold • FY21 Q1 production of 11,499oz at A$1,575 • Production
Slide 8: Tomingley Extension Project: Exploration
Tomingley Extension Project: Exploration For personal use only • Three major target areas within 8km of Tomingley mill; Roswell, San Antonio and El Paso • Infill drilling at 20m spacing of Roswell complete, San Antonio continuing • Updated Resource (Roswell): 10.1Mt @2.04g/t Au (662,000 oz)#, an inc
Slide 9: Tomingley Extension Project: Exploration
Tomingley Extension Project: Exploration For personal use only ALKANE RESOURCES | ASX:ALK 9
Slide 10: Tomingley Corridor: Development Plan
Tomingley Corridor: Development Plan For personal use only “A focus on defining the initial resource, and simultaneously developing underground and open pit mines on an accelerated timetable.” • 40m space drilling complete at San Antonio, 20m space drilling underway Resource • Roswell drilling compl
Slide 11: Boda Prospect
For personal use only Boda Prospect • Significant Gold-Copper Porphyry mineralisation at Boda Prospect • Boda target identified by geophysics followed by RC drilling • Diamond holes show large scale mineralization with higher grade core • Numerous other intercepts within 2-3km strike length demonstr
Slide 12: Boda Drilling
Boda Drilling For personal use only • Major drill program of 30,000m over FY21 underway • Results have been delayed in laboratory, will be released as soon as possible • Targeting Boda high grade core plus prospective areas on corridor • Other regional targets presented by IP and data review will al
Slide 13: Strategic Gold Investments
Strategic Gold For personal use only Investments • Stated vision to become a multi-mine Australian gold producer • Tomingley Gold Operations well-positioned to anchor strategy, with strong regional NSW exploration portfolio Alkane owns ~19.9% of Genesis Minerals, Alkane owns ~12.7% of Calidus Resour
Slide 14: Key Priorities for FY2021
Key Priorities for FY2021 For personal use only Expanded drilling of Boda and nearby porphyry targets Updating of San Antonio resource and finalisation of UG and OC plans Progress of Tomingley Corridor Exploration Drive (underway) Finalisation of UG and OC plans for both approvals and financial eval
Slide 15: For personal use only
For personal use only www.alkane.com.au @alkaneresources alkane-resources-ltd
Slide 16: Mineral Resources
Mineral Resources TOMINGLEY GOLD PROJECT TGO MINERAL RESOURCES (as at 30 June 2020) For personal use only MEASURED INDICATED INFERRED TOTAL Total Gold DEPOSIT Tonnage Grade Tonnage Grade Tonnage Grade Tonnage Grade (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Koz) Open Pittable Resources
Slide 17: Mineral Reserves
Mineral Reserves For personal use only ALKANE RESOURCES | ASX:ALK 17
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