Alien Metals Ltd · LSE:UFO
Alien Metals — Investor Presentation (March 2021)
30 slides from Alien Metals's investor presentation, March 2021
Slide 1: Corporate Presentation
CORPORATE PRESENTATION Precious and base metals explorer and developer March 2021 AIM:UFO
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement The information in this presentation (the “Presentation”) relating to Alien Metals Ltd (the “Company”) has been prepared by the Company and may be subject to material updates, revision and further amendment. This Presentation is for background purposes only an
Slide 3: Company Overview
COMPANY OVERVIEW Project developer, unlocking value from a diverse portfolio of assets Ag Cu Fe ACQUISITIVE STRATEGY DIVERSIFIED PORTFOLIO SILVER, COPPER AND IRON ORE Generating value through the Multi-mineral portfolio of diverse UPSIDE exploration of low-cost assets in tier one jurisdictions High
Slide 4: Board and Management
BOARD AND MANAGEMENT Recognised experts in global mining with a proven track record of building value DAN SMITH BILL BRODIE GOOD MARK CULBERT Non-Executive Chairman CEO & Technical Director Non-Executive Director • 13+ years capital markets experience • 25+ years in mineral exploration Founding Part
Slide 5: Multi-Mineral Project Portfolio
MULTI-MINERAL PROJECT PORTFOLIO A global, diversified mining company with prospective projects in Mexico, Australia and Greenland AUSTRALIA Ag Ni Cu PGE Fe Elizabeth Hill (100%) - Munni Munni North Hamersley (51%) - Iron Ore Silver 117km2 exploration permit Two prospective direct shipping Historic h
Slide 6: Growth Strategy
GROWTH STRATEGY Advancing multiple assets up the value curve GROW Enhance shareholder value through incubation and asset realisation PARTNER Establish partnerships to fund further exploration and development EXPLORE Add value through exploration of ACQUIRE assets Low-cost acquisitions focused on pre
Slide 7: Key Data and Capital Structure
KEY DATA UFO Share Price CAPITAL STRUCTURE AIM UFO MARKET TICKER £35m 0.07p – 2.88p MARKET CAP 52 WEEK SHARE PRICE 3,423m 74.8m ISSUED SHARE MANAGEMENT OPTIONS CAPITAL 439m 800% £100m shares traded in 6 months SHARE WARRANTS 1 YEAR RETURN Source: Bloomberg VWAP 1.4p MAJOR SHAREHOLDERS Windfield Meta
Slide 8: Commodity Outlook: Silver
COMMODITY OUTLOOK Silver has performed strongly and have excellent price outlooks Silver Ag • Vital component in solar cells, electronics, Battery • Price up 130% from March 2020 low Electric Vehicles (BEVs) • Maintaining strong levels > $25 USD/Oz • Wide applications in healthcare, including the ma
Slide 9: Commodity Outlook: Iron Ore
COMMODITY OUTLOOK Iron Ore has performed strongly and have excellent price outlooks Iron Ore Fe Iron Ore spot price for last 12 months • Key component in steelmaking and thus driven by spend on construction and infrastructure • One of the top performing metals in 2020 • Price up ~100% in past year f
Slide 10: Mexican Copper/Gold & Silver Portfolio
M E X I C A N C O P P E R / G O L D & S I LV E R P O R T F O L I O
Slide 11: Mexican Portfolio
MEXICAN PORTFOLIO Highly prospective Copper/Gold and Silver projects • Key projects: - Donovan 2 (Copper/gold) - San Celso (Silver) - Los Campos (Silver) • Donovan 2 in ideal location and geological setting to host VMS deposit • Silver projects host Bonanza Grade historic mines, excellent potential
Slide 12: Donovan 2 (Copper/Gold)
DONOVAN 2 (COPPER/GOLD) Capstone Mining Farm-in agreement commenced • Capstone Mining commenced sole funding to develop project with multi-million dollar investment • First stage sees Capstone spend US$3.6m on exploration and making a cash payment of US$290k to Alien in order to earn a 65% interest
Slide 13: San Celso (Silver)
SAN CELSO (SILVER) Bonanza Grades • San Celso hosts two historic underground silver mines that contained Bonanza Grades: • Historic grades up to 2683 g/t Ag (~86 oz/t Ag) • Recent sample grades up to 1,389 g/t Ag (~44 oz/t Ag), averaging 441 g/t Ag (~14 oz/t Ag) from 96 samples • Numerous stopes ind
Slide 14: Los Campos (Silver)
LOS CAMPOS (SILVER) Average reported head grade of over 1,000 g/t Ag • 10km east of Endeavour Mining Corp’s 6moz El Campos Silver Mine • Comparable mineralized system • Los Campos includes: 100% • Two historic silver mines targeting two high-grade epithermal silver veins • Average reported head grad
Slide 15: Elizabeth Hill Silver Project, Western Australia
E L I Z A B E T H H I L L S I LV E R P R O J E C T, W E S T E R N A U S T R A L I A
Slide 16: Elizabeth Hill (Silver)
ELIZABETH HILL (SILVER) A previously producing, historic high-grade silver mine • Operated between 1998 and 2000, producing 1.2 Moz silver at 2,195 g/t Ag (70.24 Oz/t Ag) • Produced a significant number of nuggets including the largest ever silver nugget found in Australia at 145kg • Pre JORC Compli
Slide 17: Elizabeth Hill (Silver)
ELIZABETH HILL (SILVER) Further exploration with significant upside potential • Review of historical data shows excellent indication for significant upside potential • Nuggets extracted worth multiple times the actual silver content • Evaluating the potential of the significant unmined resources • P
Slide 18: Munni Munni North (Nickel, Copper, PGE)
MUNNI MUNNI NORTH (NICKEL, COPPER, PGE) Prospective new ground to explore • 117km2 new exploration licence acquired enveloping Elizabeth Hill Project • Several defined Prospects within new EL including: • Sunchaser • Carver • Conquest Elizabeth Hill Mine • Munni Munni East (PGM) • New prospect alrea
Slide 19: Hamersley Iron Ore Projects, Western Australia
HAMERSLEY IRON ORE PROJECTS, WESTERN AUSTRALIA
Slide 20: Hamersley (Iron Ore)
HAMERSLEY (IRON ORE) High-grade iron ore with Direct Shipping Ore potential • 51% interest in two Iron Ore licences, Brockman and Hancock, in world class Pilbara region of Western Australia • Both projects contain significant Direct Shipping Ore (DSO) potential • Major desktop study completed and fi
Slide 21: Hancock (Iron Ore)
HANCOCK (IRON ORE) Kalgan prospect highly prospective & drill ready • Excellent high grade surface samples: up to 66.95% Fe from recent field work • Parallel mineralisation identified in several prospective ridges • Underexplored, with Kalgan prospect currently mapped over 3km strike and still open
Slide 22: Brockman (Iron Ore)
BROCKMAN (IRON ORE) Potential for multi-million tonnes high-grade Iron Ore • Project contains prospects BHP19 and 20, defined by BHP in 1960s, and northern extension of BHP 15 prospect • Recent field work confirmed historic work by BHP: 4 samples from BHP 20 assayed: • aaverage grade of 62% Fe • BHP
Slide 23: Greenland Zinc/Lead Project
GREENLAND ZINC/LEAD PROJECT
Slide 24: Greenland (Zinc/Lead)
GREENLAND (ZINC/LEAD) Early stage exploration underway to unlock potential value • Company granted 208km2 exploration licence in northern Greenland. • Licence surrounds the world class Citronen Zinc-lead project owned by Ironbark Zinc Limited • Citronen contains over 3.5 million tons of zinc metal •
Slide 25: Exploration Timeline 2021
EXPLORATION TIMELINE 2021 Clear roadmap to growth through targeted exploration JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Donovan 2 Maiden Drilling Capstone Phase 2 Drilling Capstone San Celso & Maiden Drilling Resource Drilling Los Campos * Elizabeth Hill Trenching, Mapping, Underground Access
Slide 26: Conclusion
Conclusion • Strong technical and corporate experience • Diversified portfolio and upside from positive price outlooks for silver, copper and iron ore • Joint Venture partner funding up to $10m lowers risk and dilution • Projects located in tier one mining jurisdictions • Significant upside from all
Slide 27: Appendix
APPENDIX
Slide 28: Hamersley (Iron Ore) Exploration Target
HAMERSLEY (IRON ORE) Exploration Target Low case High case Project Prospect Grade Range Tonnes (Mt) Tonnes (Mt) Brockman Iron BHP20 50-63% Fe 7 33 Brockman Iron BHP15 50-63% Fe 60 200 Hancock Ranges Sirius Extension 56-63% Fe 5 15 TOTAL 74 245 Note: Exploration data utilised in the model for the Exp
Slide 29: Los Campos (Silver)
LOS CAMPOS (SILVER) Adjacent to currently producing mine Summary of high-grade samples from Los Campos 2019 Sample Ag (g/t) Ag (oz/t) • Alien sampling has confirmed high grade results up to 547 g/t (17 oz/t Ag) 6940 161 5.2 • Adjacent to Endeavour Silver mine currently 6942 59 1.9 producing at a pla
Slide 30: Contact Information
Contact Information Dan Smith Non-Executive Chairman Bill Brodie Good CEO and Technical Director 16 Berkeley Street, London, W1J 8DZ, United Kingdom Yellow Jersey (Financial PR) T +44 (0)20 3004 9512 E alienmetals@yellowjerseypr.com @AlienMetals linkedin.com/alienmetals