Alkane Resources Ltd · ASX:ALK
Alkane Resources — Alkane Exploration — Shareholder Meeting (May 2005)
49 slides from Alkane Resources's shareholder meeting presentation, May 26, 2005
Slide 1: ASX cover letter: presentation to shareholders
‘A /- | ALKANE EXPLORATION LTD ‘em 2 A.B.N 35 000 689 216 wns: 26 May 2005 Manager Announcements Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000 Dear Sir, PRESENTATION Attached is a copy of a presentation fo shareholders immediately following the annua
Slide 2: Annual General Meeting Operations Presentation
KA. XPLORATION LTD aN ANNUAL GENERAL MEETING Operations Presentation 26 May 2005
Slide 3: Central West
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Slide 4: Central West NSW Projects
Central West NSW Projects Younger granites Monzonitic intrusions jolcanics Fifield complexes NORTHP. RKES Cudal Cu-Au Moorilda Au-Cu
Slide 5: Peak Hill Gold Mine
PEAK HILL GOLD MINE Conventional Open Cut Mining Agglomeration Heap Leach recovery of gold Production Commenced 1996 at Capital Cost $5 million 100,000-500,000 ounces in sulphide | deposit from 100m to 300m moderately refractory ore ~ subject on-going review
Slide 6: Rehabilitation program
ion program Rehabilitat () Z = A = © CO. = = o Na < ta A.
Slide 7: Tomingley Gold Project regional geology
Tomingley Gold Project Regional Outcrop Dulladerry Rhyolite oval Granite 0h Forbes Group eee Mungincoble Chert a Cotton Formation Goonumbla (Mingelo) Volcanics ELgS7s” Peak Hi) Mine Site od
Slide 8: Tomingley Gold Project Wyoming History
TOMINGLEY GOLD PROJECT Wyoming History Acquisition: Separate production royalties Compass March 2001; Area: Drilling: Golden Cross August 2001; Climax January 2004 366km2 First intercept May 2001 —- Wyoming One 2001 — 13,939m (223) - exploration 2002 — 24,871m (279) — evaluation - Wyo Three discov J
Slide 9: Wyoming Geological Summary
Wyoming Geological Summary sediments arphyry Volcaniclastic sediments Andesite lava a Chiorite-talc schist Mineralisation
Slide 10: Wyoming One Simplified Interpretation
Wyoming One Simplified Interpretation ee 376 Structure a Pelitic sediments Volcaniciastic sediments Feids par porphyry m RL (-70m) ar porphyry 100m RL {-170m) elds par porphyry Om RL (-270m) Alkane drillhole till end 2002 Alkane drillnole 2003
Slide 11: Wyoming One North-South Section
Wyoming One North - South Section 614075mE Alluvum a Volcanicias tic sediments Felds par porphyry Mineralisation
Slide 12: Wyoming One East-West Section
Wyoming One East - West Section 6393300mN Alluvum litics ediments Felds par porphyry Volcaniciastic sediments Volcaniciastic conglomerate Chlorite-talc schist Mineralisation Hangingwall zone Contact zone
Slide 13: De
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Slide 14: Tomingley Gold Project Resource Summary
TOMINGLEY GOLD PROJECT Resource Summary Wyoming One and Three Dec’ 04 0.759 gold cut off Measured 4 Indicated gis
Slide 15: Wyoming Development Summary
TOMINGLEY GOLD PROJECT Wyoming Development Summary Current program: Remodelling of ore system optimise open pit grade Examine u/g options based on high grade shoots Drilling down dip - down plunge extensions at Wyoming One, initially in HW Additional drilling to target high grade zones in the Wyomin
Slide 16: Wyoming One Hangingwall gram/metre contours
Wyoming One Hangingwall gram/metre contours oO @
Slide 17: Wyoming One 376 Structure gram metre plot
Wyoming One ‘376’ Structure x gram/metre Tete contours Gram Metre Plot
Slide 18: Wyoming One Conceptual Pit and U/G development
Wyoming One Conceptual Pit and U/G development 3D Model
Slide 19: Tbe
Tbe ers ae RETR HENS: A oo fees c: 3 i bate CiMeesel fea ty oF PEN ai Bol AUSTRALLA cate THE Lint
Slide 20: Ley
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Slide 21: Le Lo Ds
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Slide 22: Lj Thy (on le a So,
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Slide 23: Tomingley Gold Project Regional Exploration
Tomingley Gold Project @ Wey . ag i BOE Pats Regional Exploration ie i Brak ih ie ee Lo : Lo . eee Mee ae ey, a 7 Dog ae a on i
Slide 24: Wellington Bodangora Project Location
Wellington Bodangora Project Location Younger granites Monzonitic intrusions jolcanics Fifield complexes
Slide 25: Wellington Bodangora Regional Geology
Wellington Bodangora Regional Geology Great Australian Basin Permian sediments Carboniferous granite Jevonian ~ Silurian sediments and volcanics Ordovician volcanics and sediment ~ Monzonite intrusives Bodangora mine vein system | Nindethana thrust zone +20,000t Cu/+25kozAu
Slide 26: Wellington Project Galwadgere Geological Interpretation
Wellington Project Galwadgere Geological Interpretation with Recent Resource Drill Holes
Slide 27: Wellington Project
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Slide 28: Wellington Project Galwadgere Program
WELLINGTON PROJECT Galwadgere Program Drilling: Scoping study: 4,030m RC/core tested ore system over strike length of 400m, completed to depth of 150m 50m sections to Indicated Resource status Further drilling to be scheduled Basic open pit concept and flotation concentration commenced —> 2°¢/3'4 Qu
Slide 29: Orange Area Regional Geology
Orange Area ee Regional Geology P| Quaternary Tertiary Carboniferous granites Siluro-Devonian gr: || Siluro-Devonian sediments Ordovician monzonite and related intrusives Ordovician ultramafics Ordovician volcanics
Slide 30: Central West Conceptual Development Hubs
Central West Conceptual Development Hubs Younge: Monzonitic intrusions Ordo arc volcanics Fifield complexes
Slide 31: Dubbo Zirconia Project Summary
DUBBO ZIRCONIA PROJECT SUMMARY * One of the worlds largest ; and resources (+ 100 million tonnes) - also contains significant and * Project based upon large Jurassic aged alkaline volcanic complex with highly metal enriched vertical trachyte intrusive * Feasibility study to produce high quality zirc
Slide 32: Dubbo Zirconia Project Site and Infrastructure Location
DUBBO ZIRCONIA PROJECT Project Site and Infrastructure Location }
Slide 33: Dubbo Zirconia Project Resources
DUBBO ZIRCONIA PROJECT RESOURCES Measured Resource : 35.7 million tonnes grading 0 - 55 metres 1.96% 2r0,, 0.04% HfO,, 0.14% Y,0, 0.46% Nb,O,;, 0.03% Ta,0, and 0.75% REO Inferred Resource : 37.5 million tonnes at similar grades 55 - 100 metres \ 73.2 million tonnes
Slide 34: Dubbo Zirconia Project Process Flow Sheet
DUBBO ZIRCONIA PROJECT PROCESS FLOW SHEET
Slide 35: Structure of the Zirconia Industry
DUBBO ZIRCONIA PROJECT Structure of the Zirconia Industry RAW MATERIALS PROCESSED PRODUCTS END USES BADDELYITE (5000 tonnes} ZIRCON L—»| = FUSED poe ZIRCONIA {60000 tonnes) CHEMICAL PURIFICATION ZIRCONIA FROM CHEMICAL PROCESSING. ZIRCONIUM CHEMICALS ZIRCONIA PRODUCTS (Generally increasing purity) Re
Slide 36: Dubbo Zirconia Project Current Strategy
DUBBO ZIRCONIA PROJECT Current Strategy Lack of action from Astron has resulted in termination of JV Alkane in discussions to float 50% of AZL (the holding subsidiary) or enter into new JV with existing producer/end user Raise/inject sufficient capital to complete process optimisations, and construc
Slide 37: Western Australian Projects
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Slide 38: Western Australian Projects
cDONOUGH| LOOKOUT 0.15m @ 29%Ni 0.2m @ 8.1%Ni LEONORA WESTERN AUSTRALIAN PROJECTS Leinster Area Jubilee Mines JV
Slide 39: i oy,
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Slide 40: Nullagine Project satellite image
Nullagine Project — satellite image Bonnie Creek Palaeochannel |, ilieoy
Slide 41: Nullagine Project Bonnie Creek System
Nullagine Project Bonnie Creek System Channel Iron Deposits HN ( criiary Palacochannels
Slide 42: Nullagine Project Bonnie Creek Palaeochannel
Nullagine Project — Bonnie Creek Palaeochannel Mesa deposits
Slide 43: Nullagine Project Bonnie Creek Iron Deposit
Nullagine Project — Bonnie Creek Iron Deposit Residual mesa deposit
Slide 44: Nullagine Project Bonnie Creek Mesa CID
Nullagine Project Bonnie Creek Mesa CID anya, Eset atone enagvn ond omaioemsio sae re ne adh ‘pierces Leclnet ‘es Sst sessoman ge fb Gecesar set aly erry rater eter © apace Fags int sont fb tnt atte
Slide 45: Nullagine Project Robe River CID Deposits
Nullagine Project - Robe River CID Deposits Typical residual mesa deposit | 7S03800mN FeO4EOOMN Lateritised ooliticipisolitic goetlite Claylens Robs Pisolite [7] Cavity Suborade picolite Fa » S75 E | fe 48% Fe > 525% Protatotoic Wyloo Group Ashbutcn Fm. |) pe > so% Weathered quartz-sericite schist [
Slide 46: Nullagine Project Tertiary Palaeochannel
Nullagine Project - Tertiary Palaeochannel Bonnie Well Drill Traverse Legend BEDROCK & WEATHERED BEDROCH <-> Faisiarete, . ‘Gory strongly weatharad basalt, clay rich ‘SMwathored to trash basalt : JALLEY « FILL DEPOSITES imi ‘Chanuet tron Bepoaits (G10) Ring - grained cerkonata hay do wanidy hey :
Slide 47: Nullagine Project Channel Iron Deposits
Nullagine Project Channel Iron Deposits Bonnie Creek System | | Tertiary Palaeochannels Potential 150 - 220M tonnes CID pisolite iron Surface sampling Fe Si0, AlO, P LOI Fe(C) 58 3.23 3.95 0.03 9.07 63
Slide 48: Nullagine Project Location and Rail Corridors
Nullagine Project Location and Rail Corridors one g Nullagine Es Fortescue Matus, Grey Lintited PILBARA IRON ORE & WMPRASTRUCTURE ERO IEOT Papo ETT From Fortes = Metals Group web site www.fmgl.com au
Slide 49: Alkane Strategy 2004-06
ALKANE STRATEGY 2004-06 Strategic focus remains on Central West Region in New South Wales with the aim of developing a resource inventory and substantial production output. Centralise operations management GOLD: to build a 100,000 oz per year or cash flow equivalent with copper, output based upon pr