Akora Resources Ltd. · ASX:AKO
Akora Resources — Shareholder Meeting (April 2021)
12 slides from Akora Resources's shareholder meeting presentation, Apr 13, 2021
Slide 1: Bekisopa Drilling Results
Extremely Good Bekisopa Drilling Results For first 8 of 12 holes. Investor Presentation ASX: AKO April 2021
Slide 2: Disclaimer: Forward Looking and Competent Person Statement
Disclaimer Forward Looking and Competent Person Statement This corporate presentation contains forward looking statements which constitute “forward looking information” within the meaning of securities legislation and “Forward Looking Statements”. • All statements included herein, other than stateme
Slide 3: Bekisopa 2020 Drill Hole Plan
Bekisopa 2020 drill hole Plan Bekisopa 2020 Exploratory Drilling Programme completed 12 holes for 1095.5m Announcement covers first results for holes 1 to 8 from the north and central areas on the tenement These drill holes are from 70 to 100m depth and all 8 intersected iron mineralization The magn
Slide 4: Drill Hole Analytical Results Highlights
Bekisopa Drill Hole Analytical Results Summary Bekisopa 2020 Drill Holes 1 to 8 HIGHLIGHTS ✓ 6.9m @ 64.7%Fe at surface THIS MEANS This first announcement ✓ Iron mineralized zone 50 to covers chemical assays, 150m combined true thickness Impressive scope ✓ 70.5m @44.1%Fe continuous for a significant
Slide 5: Highlights – First Results, No Optimisation
Bekisopa Drill Hole Analytical Results Summary LIMS test results on coarse crushed <2mm composites – exceptional results. Only BEKMET11 did not produce a +50%Fe product, this is from a 13.4%Fe head grade, unlikely to be a mined material. HIGHLIGHTS – FIRST RESULTS, NO OPTIMISATION! MASSIVE & COARSE
Slide 6: Drill Hole BEKD01 Cross Section
Bekisopa Drill Hole BEKD01 Cross Section CONFIRMS BRGM TRENCHING RESULTS HIGH-GRADE MASSIVE MAGNETITE AT SURFACE BEKD01 – 58 to 60m Coarse Disseminated Magnetite 70.5M CONTINUOUS IRON MINERALIZATION FROM SURFACE, IDEAL OPEN PIT MINING 6
Slide 7: Drill Hole BEKD04-06 Cross Section
Bekisopa Drill Hole BEKD04-06 Cross Section High-grade surface intercepts ~150m iron mineralized zone, combined true widths BEKD05 – 38 and 39m wLIMS – excellent first test BEKMETF07 composite sample upgraded a 40%Fe head grade to 60.2%Fe product at 91%Fe recovery and a 60% mass yield. 7
Slide 8: Massive and Coarse Disseminated Magnetite wLIMS
Massive and Coarse Disseminated Magnetite wLIMS IRON ORE FINES PRODUCT LIMS – ALS Perth IRON ORE FINES PRODUCT Product Grade = 68.3% Fe Product Grade = 63.4% Fe Fe Recovery = 88% Fe Recovery = 95.7% Head grade = 61.8%Fe Head grade = 42.4%Fe Composites BEKD01, 06, 08 Composites BEKD01 and 02 Mass Yie
Slide 9: Disseminated Magnetite BEKMETF10 – wLIMS
Disseminated Magnetite BEKMETF10 – wLIMS LIMS product for BEKMETF10 of disseminated magnetite from BEKD03, 05 and 06 from the central region from depths of 37 to 99m down drill hole. IRON ORE FINES PRODUCT Composite head grade = 25.9%Fe Fe Recovery = 86.8% Product Grade = 52.5% Fe Mass Yield = 43% 9
Slide 10: Bekisopa's First Drilling Results – Excellent
Bekisopa’s First Drilling Results – Excellent Drill Hole results for holes 1 to 8 showed ✓Excellent chemical assays and intercept/cross section iron contents LIMS on coarse crushed -2mm composited samples showed ✓ Significant upgrading of iron up to 68%Fe product grades ✓ High iron recoveries of avg
Slide 11: Bekisopa's First Drilling Results – Next
Bekisopa’s First Drilling Results – Next • Expect reporting results for drill holes 9 to 11, from the south, by the end of April. • The southern zones field results look promising. • Madagascar is presently in a 15-day COVID restriction phase, people movement by road restricted and equipment movemen
Slide 12: Contact: ASX: AKO
Management Harbury Advisors Paul Bibby Matthew Lindh Managing Director Director paul.bibby@akoravy.com mlindh@harbury.com.au John Madden Rupert de Crespigny Chief Financial Officer Senior Associate john.madden@akoravy.com rdecrespigny@harbury.com.au AKORA Resources Harbury Advisors 211 McIllwraith S