Alkane Resources Ltd · ASX:ALK
Alkane Resources — Shareholder Meeting (November 2024)
26 slides from Alkane Resources's shareholder meeting presentation, Nov 26, 2024
Slide 1: Annual General Meeting
Annual General Meeting Nic Earner Managing Director 26 November 2024 © 2024 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: Company Snapshot
Company Snapshot Tomingley Boda-Kaiser (20Mtpa) FY25: A$1.78B 70K-80K oz Au pre-production capital $2,400-$2,600 AISC Cu 35,600 t From FY27: Au 159,300 oz 100K+ oz Au (pa) (pa for first 5yrs) $1,900-$2,100 AISC A$6.7B A$2.4B free NPV (7%) ~$115M cashflow capital for growth (pre-tax) Au @ A$4,000/oz
Slide 4: Highlights from the last year
Highlights from the last year Increased Roswell Reserve Commenced stope ore production at Roswell Efficiency measures at Roswell implemented including new equipment, ore pass, UG crib, UG workshop and UG fuelling RSF2 built and operational Constructed the paste plant, constructed and commissioned th
Slide 5: Corporate Profile
Corporate Profile Capital Structure Share Price 2024 Ordinary Shares 603 million Share Price (25 November 2024) A$0.51 Market Capitalisation A$308M 12 Month low/high A$0.38/0.74 Cash and Gold Bullion (30 September 2024) ~A$51M Interest Bearing Debt Drawn (30 September 2024) ~A$65M Total Liquidity (30
Slide 6: Tomingley
Tomingley
Slide 7: Tomingley Operation
Tomingley Operation FY25-29: ~$115M 455,000-505,000 oz Au capital for growth $1,900-$2,100 AISC over next 18 mths Mine life to 1.5M oz Au 2030+ in resource
Slide 8: Capital Project Timing
Capital Project Timing Construction complete Commissioning complete 2024 2025 2025 2025 2025 2026 2026 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Paste Plant Flotation & Regrind Open Cut Infrastructure Open Cut Mining Newell Highway Kyalite Road Process Plant Throughput
Slide 9: 2024-2026: A Transformational Period
2024-2026: A Transformational Period Quarter ending: Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Production Range (ozAu) 18,418 17,000–19,500 17,500–20,000 19,000–21,500 20,000–22,500 21,000–23,500 21,000–23,500 23,000–25,500 Milled Tonnes (kt) 264,370 260–290 260–290 260–290 260–290 260
Slide 10: Roswell Underground
Roswell Underground Levels (looking west) 955 855 740
Slide 11: New Underground Equipment
New Underground Equipment
Slide 12: Paste Plant
Paste Plant
Slide 13: Road Network
Road Network
Slide 14: Flotation & Fine Grind Circuit
Flotation & Fine Grind Circuit
Slide 15: Production Beyond Current Plan
Tomingley Production Beyond Current Plan • Mining has project approval to 2032, this can be extended on application • Open cut reserves exist at San Antonio and Roswell beyond current five-year plan Production • Resources are open at depth under Roswell, San Antonio Drive ~2.5km and both Caloma pits
Slide 16: Boda-Kaiser
Boda-Kaiser 7 — Bako | i]
Slide 17: Geology & Resource
Geology & Resource • ~15M oz Au eq. in resource ALKANE RESOURCES | ASX:ALK 35
Slide 18: Summary Scoping Study Metrics
Summary Scoping Study Metrics Au @ A$4,000/oz 20 Mtpa 17+ years A$1.8B Throughout (2 x 10 Mtpa) Life of Mine Capex (pre-production) 35,611 tpa 159,334 oz pa A$630.4 / oz Copper (first 5 years) Gold (first 5 years) AISC (with copper by-product credit) A$5.1B A$2.4B 29% 10-Year Free Cashflow (pre-tax)
Slide 19: Boda-Kaiser
Boda-Kaiser • Regional exploration opportunities (~$5m pa) • Environmental studies commenced • Further studies to reduce mining costs and assess potential for bulk-tonnage, underground mining • ~15M oz Au eq. in resource • Engaging with potential partners ALKANE RESOURCES | ASX:ALK 37
Slide 20: Looking Ahead
Looking Ahead Commission the paste plant and incorporate into the mining sequence Optimise the flotation and fine grind circuit together with ore throughput Expand the Tomingley resource base through near mine and regional exploration Finalise solar plant construction and supply agreement for Toming
Slide 21: Company Summary
Company Summary Tomingley Boda-Kaiser Substantial cash and increase gold production to 35,600 tonnes Cu 100,000 oz Au (pa) 159,300 oz Au (pa for first 5yrs) ~$115M capital for growth over next 18 months <4-year payback Alkane Environmental studies continuing 3 major projects approved Engaging with p
Slide 22: @alkaneresources alkane-resources-ltd alkane.com.au
@alkaneresources alkane-resources-ltd alkane.com.au
Slide 23: Board and Management
Board and Management Ian Gandel Nic Earner Ian Chalmers Gavin Smith Anthony Lethlean James Carter Non-Executive Managing Technical Non-Executive Non-Executive CFO Chairman Director Director Director Director Dennis Wilkins Simon Parsons Rod Griffith Mike Sutherland Brendan Ward David Meates Joint Co
Slide 24: Successful Explorers
Successful Explorers • Alkane draws on its extensive experience to create value through mineral resource discoveries • Long term well-resourced team • Comprehensive databases • Detailed regional knowledge • Successful at developing its discoveries and will also transact or joint venture for value •
Slide 25: Tomingley Resources
TOMINGLEY GOLD EXTENSION PROJECT ORE RESERVES (at 30 June 2024) Tomingley Resources PROVED PROBABLE TOTAL DEPOSIT Tonnage Grade Tonnage Grade Tonnage Grade Gold (kt) (g/t Au) (kt) (g/t Au) (kt) (g/t Au) (koz) Open Pittable Reserves (cut-off 0.40g/t Au) Roswell 0 0.0 3,900 1.7 3,900 1.7 213 San Anton
Slide 26: Boda-Kaiser Resource
Boda-Kaiser Resource Total Boda-Kaiser Grade-Tonnage Curve ALKANE RESOURCES | ASX:ALK 44
Alkane Resources — Shareholder Meeting (November 2024) on 6ix