Alice Queen Limited · ASX:AQX
Alice Queen — Shareholder Meeting (November 2016)
25 slides from Alice Queen's shareholder meeting presentation, Nov 30, 2016
Slide 1: A.G.M. Presentation 30 November 2016
: )_\ ALICE QUEEN 2 LIMITED A.G.M. PRESENTATION 30 NOVEMBER 2016
Slide 2: Disclaimer
j\ ALICE QUEEN DISCLAIMER een FORWARD LOOKING STATEMENTS This presentation may contain certain forward-looking statements that have been based on current expectations about future acts, events and circumstances. These forward-looking statements are, however, subject to risks, uncertainties and assum
Slide 3: Corporate Overview
CORPORATE OVERVIEW AQx (Ordinary Shares on Issue] 222M AQXO [Options, 3c exp 30 Sep 2017) 124M Market Cap [at $ 0,035) A$7.770M MAJOR SHAREHOLDERS [as at 30 rch 2016] Andrew Buxton 18.4% Mark Kerr 9.15% Monzonite Investments 8.43% Maplefern Pty Ltd 7.83% Finico ATF Morris Family 5.2% Top 20 64.87% P
Slide 4: For personal use only
For personal use only 84.5% 90.0% Kauraru Gold Pty Ltd Monzonite Metals Pty Ltd JV with the Kaurareg Aboriginal Land Trust Torres Strait Molong Volcanic Belt QLD NSW
Slide 5: Company Achievements
For personal use only Company Achievements
Slide 6: Exploration
: )_\ ALICE QUEEN 2 LIMITED EXPLORATION
Slide 7: Exploration - Horn Island
gts EXPLORATION — HORN ISLAND
Slide 8: Exploration - Horn Island Location Map
EXPLORATION - HORN ISLAND = TMITED 142°15° Sonia WEDNESDAY Silicfied Ridge ISLAND HANIMOND \ pop ISLAND eu Y BZ oops UA Taps HORN ISLAND > | ISLAND FRIDAY YY HORN ISLAND an 77 EPM 25520 yyy Ul y) KAIWALAGAL EPM 25418 POSSESSION ISLAND ious YY wa P=” Yyyyjiyy ISLAND ig o _. & C4 1G : \y os PRINCE OF
Slide 9: Exploration - Horn Island: Excellent Infrastructure
a EXPLORATION - HORN ISLAND ds LIMITED | EXCELLENT INFRUSTRUCTURE Old Mine Site Crushing Plant Horn Island Airport Loggy Creek Dam 2,400mgl
Slide 10: Horn Island Achievements Summary
For personal use only •13 Hole HQ 3 diamond core program Maiden Drill Program •Mineralisation confirmed to depth and along strike Pioneer Lode Identified •JORC 2012 ET of 190,000 Oz infill drill ready at Pioneer Lode * Metallurgical test work on Pioneer Lode •Gravity only gold recovery of 91.2% * Ho
Slide 11: Maiden Drill Program Completed
ey EXPLORATION - HORN ISLAND pee TIMITED MAIDEN DRILL PROGRAM COMPLETED ook : eet i eb Se Sint 50 L -100 L -150 L 200 L -250 L DRILL : AU_LPPM -300 L
Slide 12: Pioneer Lode Is Ready for Infill Drilling
¢ i\ ALICE QUEEN EXPLORATION - HORN ISLAND <2 LIMITED PIONEER LODE IS READY FOR INFILL DRILLING
Slide 13: Pioneer Lode Infill Drill Plan
a EXPLORATION - HORN ISLAND pil nIMITED ye | PIONEER LODE INFILL DRILL PLAN 16NGDO1¢ Etiencpo1s *
Slide 14: Exploration Targets - Horn Island
EXPLORATION - HORN ISLAND |\ ALICE QUEEN — -_ Target = lj Cluster of high grade gold veins up to 117g/t © aor wt La af 332] Band of Hope Target significant mineralised stockwork zone open towards the north Legend Southern Silicified Ridge Target Area . ee : Wide stockwork zone with 2.3km strike - va
Slide 15: Metallurgical Test Work Results
For personal use only •91.2% in to 4.9% of the mass at a concentrate grade of 44.3 g/t Au •95.1% in to 5.1% of the mass at a concentrate grade of 44.6 g/t Au •Total gold recovery of 98.8% •Sample found to be amenable to proven technology •Economics of gravity and flotation being prepared
Slide 16: Horn Island - A Near Term Production Opportunity
EXPLORATION - HORN ISLAND 1\ eet — HORN ISLAND - A NEAR TERM PRODUCTION OPPORTUNITY | S) 4 @) - Six hole infill drill program planned at Pioneer Lode Resource (Cp) Definition D, ~ Gu) + JORC 2012 Inferred Resource Pioneer Lode = Maiden fe) Resource y, WY) > — @) + Horn Island encompassing old mine s
Slide 17: Exploration - Molong Volcanic Belt
Sasa Saecail x Os Sema es EXPLORATION - MOLONG VOLCANIC BELT
Slide 18: AQL NSW Projects Local & Regional TMI Image
700000 5 Proj ‘ rah ae Alice Queen Ltd Set) ORE ia ;, " Peat se % Alice Queen Ltd % SS - sMendooran|fercject -EL8469_ ‘ tz A. ) Anglo Gold Ashanti Alkane eB Sandfire Resources a ID Alkane Resources AQL NSW Projects. Local & Regional TMI Image ALICE QUEEN & LIMITED
Slide 19: Looking Glass Project EL8225
ALICE QUEEN Ueoking|Glass eroject EL8225
Slide 20: AQL Mendooran Project Local & Regional TMI Image
ALICE QUEEN & LIMITED id AQL Mendooran Project Local & Regional TMI Image 700000
Slide 21: Molong Volcanic Belt Highlights
For personal use only •Confirmation that Molong Volcanic Belt continues northwards undercover Molong Volcanic Belt •Looking Glass and Mendooran represent most prospective areas in new domain Northern under cover extension •Airborne magnetics have been completed for both tenements •Two geophysical ta
Slide 22: Looking Glass - Achievements: Four Measures of Success
j.\ ALICE QUEEN LOOKING GLASS - ACHIEVEMENTS LIMITED FOUR MEASURES OF SUCCESS ~ + Penetrate sedimentary cover sequence at reasonable depth ([522mbs) y, ~ ¢ Confirm basement comprises Molong Volcanic Belt rocks ¢ Significant epidote-magnetite-hematite alteration « Visible porphyry style mineralisatio
Slide 23: Looking Glass - Achievements: Core Photo Chalcopyrite
ra ALICE QUEEN LOOKING GLASS - ACHIEVEMENTS py) LIMITED —= LOOKING GLASS, CORE PHOTO CHALCOPYRITE “START> =< *692 OF = cadet Ee Site lamene |
Slide 24: Next Steps at Looking Glass and Mendooran
For personal use only Evaluate data from hole 1 at Looking Glass (assays, geochem, age dating and petrography) Refine geophysical model with data from hole 1 Determine best location for hole 2 at Looking Glass Develop a drill plan for EL 8469 Mendooran
Slide 25: The Alice Queen Plan in Summary
THE ALICE QUEEN PLAN MITER IN SUMMARY (~ ) Bring Horn Island into small scale production as soon as possible Ne S ( » Discover a world class porphyry deposit in the Molong Volcanic Belt in NSW XN y,