Alchemy Resources Limited · ASX:ALY
Alchemy Resources — RIU Sydney Resources Roundup 2022
22 slides from Alchemy Resources's conference presentation, May 4, 2022
Slide 1: Investor Presentation
Investor Presentation May 2022 | ASX:ALY www.alchemyresources.com.au
Slide 2: Disclaimer
DISCLAIMER Disclaimer This presentation has been prepared by Alchemy Resources Limited (Alchemy or the Company). This document contains background information about Alchemy current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or compl
Slide 3: Investment Snapshot
Investment Snapshot Advanced Gold, Base and Battery metals in WA & NSW KARONIE, Western Australia (ALY 100%) • Dominant land position in a major precious metals belt • Never explored for lithium….until now • Drilling underway now on gold targets BRYAH Joint Ventures, Western Australia (ALY 20%) • Ex
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE BOARD & MANAGEMENT LINDSAY DUDFIELD NON-EXECUTIVE CHAIRMAN SHARES ON ISSUE 952M Geologist, +30 years experience, Exec Director Jindalee Resources, NED Energy Metals JAMES WILSON CHIEF EXECUTIVE OFFICER 2 Geologist, +20 years experience, formerly analyst for promi
Slide 5: Western Australia: Gold & Battery Metals Projects
Western Australia: Gold & Battery Metals Projects A STRATEGIC LAND PACKAGE IN ONE OF AUSTRALIA’S MOST WELL ENDOWED PRECIOUS METALS BELTS… LAKE REBECCA KARONIE: • 110km east of Kalgoorlie ~1,200km2 tenement package • 90km of prospective strike, no previous exploration for Lithium • 111koz Maiden Gold
Slide 6: Karonie – Gold
Karonie – Gold A traditional gold province for many decades… • Adjacent to the ASX:SLR Aldiss Mining Operation (currently operating) • Maiden 111,100oz Resource released in mid-20213 • Shallow resources <150m depth and 100% owned • High resolution drone magnetics outlined numerous targets • Historic
Slide 7: Karonie East – targeted drilling vs pattern drilling previously
Karonie East – targeted drilling vs pattern drilling previously4 MAP AREA 1 MAP AREA 2 4 Refer to Alchemy ASX announcement dated 9 March 2022 6
Slide 8: Karonie: Lithium – abutting existing deposits
Karonie: Lithium – abutting existing deposits Lithium and pathfinder anomalism identified at multiple prospects • 100% owned tenure located 5-8km from GL1’s Manna deposit. • Review of soil sampling data highlighted widespread lithium + pathfinder anomalism5 • Geochemistry review identified “Fertile”
Slide 9: Karonie – Lithium
Karonie – Lithium NEW LITHIUM TARGETS Cherry, Hickory, Mesquite and Pecan • 7km x 1km wide anomalous zone which sits 8km along strike from Manna deposit • Pegmatites discovered adjacent to anomalism at Hickory & Cherry by ground inspection • Zone sits within the prospective “Goldilocks Zone” corrido
Slide 10: Karonie – Lithium – a highly strategic tenement position
Karonie – Lithium – a highly strategic tenement position REGIONAL LITHIUM TARGETS • Geochemical review identified 15 targets over an initial 20km strike extent • “Goldilocks Zone” trends for >50km of strike within ALY 100% owned ground • Many areas never drilled; limited gold exploration carried out
Slide 11: Lake Rebecca – an M&A hot spot
Lake Rebecca – an M&A hot spot LAKE REBECCA - (ALY 100%) • Strategic landholding in a multi-million- ounce gold corridor • 6km West of RMS’ Rebecca Deposit 1.1Moz6 • 20km north BRB’ 1.7Moz7 Lake Roe deposit • Dominant tenure along the Claypan and Keith Kilkenny Fault zones • Exploration data compila
Slide 12: Bryah Basin JV’s – near term cashflow potential from Hermes
Bryah Basin JV’s – near term cashflow potential from Hermes 8 Refer to Alchemy ASX announcement dated 24 February 2015 9 Refer to Alchemy ASX announcement dated 8 May 2019 11
Slide 13: New South Wales Projects: Cobar Basin & Lachlan Fold Belt
New South Wales Projects: Cobar Basin & Lachlan Fold Belt (ALY 80%: DVP 20%12) HIGH QUALITY PROSPECTS: • MELROSE (IRGS Au-Cu) • YELLOW MOUNTAIN (Cu-Au porphyry, VMS) • OVERFLOW (high grade Au + base metals) • WEST LYNN / SUMMERVALE • HPA and Nickel Cobalt Resource • 21.3Mt @ 0.84% Ni, 0.05% Co10 • 6
Slide 14: New South Wales Projects: Cobar Basin & Lachlan Fold Belt
New South Wales Projects: Cobar Basin & Lachlan Fold Belt (ALY 80%) • NSW Projects in Joint Venture with Develop Global (ASX:DVP)1 • Alchemy 80% interest and operator of JV • YELLOW MOUNTAIN (High grade Cu-Au) – not drilled since 1986 • MELROSE (IRGS Au-Cu) – Proximal to Mineral Hill Mine • OVERFLOW
Slide 15: Yellow Mountain Mine
Yellow Mountain Mine Extensive historic workings not drilled since 1986 Historic drilling intercepts12: • 52m @ 0.54g/t Au, 0.31% Cu, 35g/t Ag, 1.15% Pb and 1.28% Zn • 24m @ 1.12g/t Au, 1.19% Pb, 1.02% Zn • Grab samples of 7.15% Cu, 6.4% Pb in mullock stockpiles at surface • Heritage Survey complete
Slide 16: NSW Projects – Overflow(ing) with potential
NSW Projects – Overflow(ing) with potential OVERFLOW • 20km north of Yellow Mountain • Best historic intercept • 6m @ 7.6g/t Au13 • 10m @ 4.4g/t Au13 • Mineralisation traced over a 700m strike extent • Open down plunge • Drill testing in CY2022 13 Refer to Alchemy Resources ASX Announcement 14 Decem
Slide 17: NSW Projects – WEST LYNN High Purity Alumina + Ni-Co Resources
NSW Projects – WEST LYNN High Purity Alumina + Ni-Co Resources WEST LYNN • Advanced critical metals • 21.3Mt Ni-Co + 7Mt Alumina Resource14 • Metallurgical test-work completed in 2019 • HPA Product was achieved with 99.95% purity, further test-work is planned to obtain 4N (99.99% purity) 14 • Alumin
Slide 18: Indicative Exploration Timeline – strong pipeline of news flow
Indicative Exploration Timeline – strong pipeline of news flow* KARONIE (ALY 100%) Q1 2022 Q2 2022 Q3 2022 Q4 2022 Karonie East Gilmore Western Brown Aircore & RC drilling Pecan, Hickory, Cherry, Mesquite Lithium infill soils Karonie East 20km corridor Lithium Regional soils BRYAH BASIN JV’s (ALY 20
Slide 19: Alchemy – Investment Thesis
Alchemy – Investment Thesis Enterprise Value ~$21m highly leveraged to exploration success BRYAH BASIN (WA) Superior Gold JV – Near term cash-flow potential from Mining at Hermes South Sandfire Resources – Free carried with extensive exploration underway WEST LYNN / SUMMERVALE Battery Metals optiona
Slide 20: Enquiries: Contact James Wilson, CEO
ENQUIRIES: CONTACT: JAMES WILSON, CEO E: james@alchemyresources.com.au P: 08 9481-4400 W: alchemyresources.com.au
Slide 21: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table A: Hermes South Joint Venture Indicated and Inferred Mineral Resource Estimate (compliant with the JORC Code 2012 guidelines) Hermes South Tonnes (Mt) Grade (g/t Au) Au (Ounces) Indicated 1.29 1.7 72,000 Inferred 0.95 1.4 42,000 Total 2.24 1.6 114,000 Notes: • Joi
Slide 22: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table D: Karonie Project Inferred Resource Notes: • All figures rounded to reflect the appropriate level of confidence (apparent differences may occur due to rounding) • Refer to Alchemy ASX announcement dated 31 August 2021 22 21
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