Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (February 2017)
18 slides from Alchemy Resources's investor presentation, February 2017
Slide 1: Investor Presentation February 2017
ASX: ALY Investor Presentation February 2017
Slide 2: Building a gold and base metals business
Building a gold and base metals business Our aim is to discover a “company maker” gold and/or base metal deposit through intelligent, targeted exploration of quality Australian projects: Cobar Basin / Lachlan Fold Belt (NSW) – high-grade gold and base metal targets (674km2) Eastern Goldfields (WA) –
Slide 3: Alchemy Resources (ASX: ALY) - Corporate snap-shot
Alchemy Resources (ASX: ALY) - Corporate snap-shot Capital Structure Listed on ASX November 2007 Shares on Issue 230.79m Options - unlisted 10.5m Share Price (14 Feb 2017) 2.3c Market Cap $5.3m Cash (31 Dec 2017) $0.8m Shareholders Board & Management Northern Star Oscar Aamodt Chairman 33.33m (14.4%
Slide 4: Cobar Basin / Lachlan Fold Belt Projects (674km2)
Cobar Basin / Lachlan Fold Belt Projects (674km2) – Epithermal, VMS, SEDEX, Porphyry Cu-Au ~50Mt @ 8% Zn, 5% Pb, 50g/t Ag 1 • 378km2 in Cobar ~10Mt @ 7g/t Au (2.2Moz) 1 Basin which has a Cobar Basin pre-mining metal inventory of: >6.4 Moz Au ~35Mt @ 2% Cu for 700Kt Cu 1 >2.2 Mt Cu >4.0 Mt Zn >3.0 Mt
Slide 5: Overflow Mine Area – Geology and Aeromagnetics
Overflow Mine Area – Geology and Aeromagnetics At the end of 1894, gold Drilling over Geology Drilling over Aeromagnetics (TMI) fever broke out at the Overflow Station, immortalised in Banjo Paterson’s poem ‘Clancy of the Overflow’ • 6km long gossan • Cross faults control high grade mineralisation 5
Slide 6: Cobar style mineralisation: polymetallic, small surface footprint, long legs
Cobar style mineralisation: polymetallic, small surface footprint, long legs CSA Mine 11km Overflow Mine Ref. New Gold Website Feb 2017 Overflow Mine Ref. Peel Mining ASX Announcement 16 May 2013 6
Slide 7: Overflow Mine - Proposed Diamond Drilling
Overflow Mine - Proposed Diamond Drilling Current Drill hole TBB006: 16m at 3.28g/t AuEq from 162m Open Down Plunge Au g/t Cu ppm TBB008: 7m at 4.53g/t AuEq from 198m & 7m at 7.76g/t AuEq from 236m Open Down Dip Overflow Prospect cross section (6425875N+50m) looking north Overflow Prospect long sect
Slide 8: Overflow VTEM Conductivity Target: Proposed Diamond Drilling
Overflow VTEM Conductivity Target : Proposed Diamond Drilling Overflow Prospect 3D view looking down to the showing grade x thickness shells of AuEq intersections (red = >50gxm AuEq, orange dots = >30gxm AuEq), historic drilling (traces coloured by Au and Cu grades), planned diamond drilling (magent
Slide 9: Overflow EM Target – similar to Mallee Bull and Tritton EM anomalies
Overflow EM Target – similar to Mallee Bull and Tritton EM anomalies Late Time VTEM data Ref. Steve Collins SMEDG Presentation April 2015 200m Moving Loop Sirotem (Ref. Peel Mining ASX Announcement dated 16 May 2013) (Decay Constant) Ref. Steve Collins SMEDG Presentation April 2015
Slide 10: Overflow Project Area – “Polymetallic” soil anomalies
Overflow Project Area – “Polymetallic” soil anomalies • Numerous “polymetallic” soil anomalies sparsely drill tested • Black Range Tank Prospect - largest multi-element soil anomaly Historic drilling over historic soil sampling* assay imagery Gold Copper Lead Zinc * Soil data from Delta Gold Explora
Slide 11: Eurow Project – Porphyry Copper and Epithermal Mineralisation Styles
Eurow Project – Porphyry Copper and Epithermal Mineralisation Styles • 34km from North Parkes Mine • Eurow-Vychan Cu-Au mineralisation open in all directions Eurow Historic Drilling Intercepts 8m @ 2.95% Cu, 0.85g/t Au from 47m (Eu4) 5m @ 1.83% Cu ,1.30g/t Au from 77m (Eu_H) 3m @ 3.99% Cu, 1.25g/t A
Slide 12: Yellow Mountain Project – Skarn, Porphyry Cu-Au & Cobar-style targets
Yellow Mountain Project –Skarn, Porphyry Cu-Au & Cobar-style targets • Only 10km from Mineral Hill • Diverse mineralisation styles • Historic drill intercepts* include: Yellow Mountain Mine: 32m @ 1.7g/t Au, 34g/t Ag, 0.4% Cu from 185m (YD13)1 Rosedale Prospect: 24m @ 2.51g/t Au from 4m (PDH 2)2 6m
Slide 13: Western Australia: Karonie Project
Western Australia: Karonie Project • 673 square kilometres of prospective, recently granted exploration licences or applications • Quality geological setting – greenstones containing craton scale and fertile secondary structures (Keith Kilkenny and Claypan Faults) and proximal to internal granites •
Slide 14: Karonie Project
Karonie Project Maximum Downhole Maiden Resource pending Gold in Historic Drilling • Along strike of Harry’s Hill, French Kiss and Spice reserves and resources (370,000oz @ 2.24g/t Au*) Taupo historic drill intercepts; • Significant amount of historical drilling data with high- 10m at 2.55g/t Au fro
Slide 15: Karonie Project: Southern Prospects
Karonie Project : Southern Prospects Esplanade historic drill intercepts include: 9m @ 3.0g/t Au from 61m (LPAC083) 8m @ 3.4g/t Au from 38m (LPAC035) Batavia historic drill intercepts include: 3m @ 14.6g/t Au from 121m (ISRC1001) 1m @ 24.8g/t Au from 70m (ISRC1013) Max Downhole Gold in Historic Dril
Slide 16: Bryah Basin Project (527km2) – IGO and Billabong JV’s
PROJECT ANNUAL Bryah Basin Project (527km2) – IGO and Billabong JV’s MINIMUM EXPENDITURE $1,600,000 • Independence Group NL letter agreement to earn a 70-80% interest by funding $6,000,000 of exploration expenditure within 5 years (effective date 10th April 2014). Remaining spend = $2.7M over 3 year
Slide 17: Summary
Summary Highly experienced board Strong major shareholder support Cobar Basin / Lachlan projects have the potential for a “company maker” deposit Karonie Project has excellent potential for outlining gold resources - close to existing resources Independence Group and Billabong Gold funding base meta
Slide 18: Disclaimer and Competent Person’s Statements
Disclaimer and Competent Person’s Statements 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 pu
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