Ark Mines Ltd · ASX:AHK
Ark Mines — Investor Presentation (May 2023)
21 slides from Ark Mines's investor presentation, May 24, 2023
Slide 1: Investor Presentation
INVESTOR For personal use only PRESENTATION Multi-commodity strategy with near term development May 2023 1 M A ARK Y 2 0 2MINES 3 I N V E S- TASX:AHK O R P R E S E-N TIAN T IV ONESTOR PRESENTATION
Slide 2: Disclaimer
Disclaimer For Consideration The information contained in this presentation has been provided by Ark Mines Ltd Such forecasts, prospects or returns are by their nature subject to significant (Company) and other sources identified herein. The information contained in this uncertainties and contingencie
Slide 3: Corporate Snapshot
Corporate Snapshot AHK ASX Code For personal use only Roger Jackson - Executive Chairman Benjamin Emery - Executive Director Ian Mitchell - Non-Executive Director 44,615,728 30+ years in exploration, development and 30+ years in exploration, development and 30+ years in exploration, development and
Slide 4: Investor Highlights
01. The Upside Projects with low start-up capex and near-term development potential with exploration upside. For personal use only 02. The Focus INVESTOR HIGHLIGHTS MULTI-COMMODITY Primary focus is on critical minerals – rare earths, nickel and copper. NEAR-TERM PROJECT DEVELOPER FOCUSED 03. Project
Slide 5: Project Summary: Sandy Mitchell Rare Earths Project
Project Summary 3 Quality projects in a Tier 1 mining jurisdiction ➔ 147km2 EPM 28013 ‘Sandy Mitchell’ – an advanced Rare Earths Project in North Queensland + 138km2 of sub blocks under application ➔ Very high historical TREO grades including high grade pan concentrates of: > 18.4% TREO, 17.4% TREO,
Slide 6: Sandy Mitchell Project location
For personal use only Sandy Mitchell REE HM Project location - 300km west of Cairns and 100km North of Chillagoe MAA Y R 2 0K 23 M I N IV N E SE T OSR -P ASX:AHK R E S E N T A T I-O NI N V E S T O R PRESENTATION 6
Slide 7: Australian Rare Earths: Sandy Mitchell
Australian Rare Earths SANDY MITCHELL Expected Returns To Investors Historical Panned Concentrate sampling results For personal use only show excellent grades for TREO (Total Strategic High-grade Initial low capex, aiming to begin first production FYQ1-2024 and Forward Works Rare Earth Oxide) with hi
Slide 8: Well advanced compared to other rare earth projects
Well advanced compared to other rare earth projects Advanced in Comparison SANDY MITCHELL ➔ Placer deposits have distinct advantages over hard rock add clay-base rare earth projects For personal use only Placer (Sandy Mitchell) Ionic Clays Hard Rocks ➔ Capex lite and utilizing low-cost skid-mounted
Slide 9: Nature has done the work for us
Nature has done the work for us Nature Did The Work For Us SANDY MITCHELL JOGMEC1 Mineral JOGMEC1 in 2010 undertook a comprehensive particle mineral analysis of the Sandy In Comparison; ! Particle Analysis Mitchell Rare Earths and Heavy Minerals The process to get a particle in hard rock rare earths
Slide 10: Globally Competitive REE Grades
Globally Competitive REE Grades SANDY MITCHELL Pan Sampling Program For personal use only • Historical work program includes partial mineral analysis and pan concentrates, plus ~100 auger drill holes (refer previous page) • From a total of 10 pan concentrate samples, five returned historical TREO gra
Slide 11: Scale
Scale SANDY MITCHELL ➔ The size of the thorium anomaly correlating For personal use only with REE enriched alluvial sands within the Project tenement is 10,067 ha. ➔ Sands with Heavy Minerals and Rare Earths are eroded from Sandstones to the North. These sandstones were paleao beach settings where t
Slide 12: Drilling is Underway
Drilling is Underway SANDY MITCHELL For personal use only Air Core drilling has now commenced. Ark aims to infill and expand the Rare Earth historical Auger drilling. Refer to the red box on the figure to the right. Further to this a set of holes across the wider lease will be drilled to determine the
Slide 13: Drilling is Underway
Drilling is Underway For personal use only 13 M A ARK Y 2 0 2MINES 3 I N V E S- TASX:AHK O R P R E S E-N TIAN T IV ONESTOR PRESENTATION 13
Slide 14: 2023 work streams and value drivers
2023 work streams and value drivers 2023 Work Streams & VALUE DRIVERS Action: Q2 2023 Q3 2023 Q4 2023 For personal use only Apr May Jun Jul Aug Sep Oct Nov Dec Ongoing historical data review Sandy Mitchell maiden 1,000 metre air core drill program Magnetic separation work Sandy Mitchell assays Maide
Slide 15: Gunnawarra Nickel-Cobalt Project
For personal use only Gunnawarra Nickel-Cobalt Project MAA Y R 2 0K 23 M I N IV N E SE T OSR -P ASX:AHK R E S E N T A T I-O NI N V E S T O R PRESENTATION 15
Slide 16: Gunnawarra: Nickel-Cobalt Project
Gunnawarra: NICKEL-COBALT PROJECT SIGNIFICANT DRILLHOLE INTERSECTIONS For personal use only • 3m @ 1.2% NiEq from 6m, plus 3m @ 1.2% NiEq from 6m, plus 1m @ 0.81% NiEq from 17m, plus 1m @ 1.14% NiEq from 32m • 2m @ 0.96% NiEq from 4m, plus 1m @ 0.73% NiEq from 12m, plus 1m @ 0.90% NiEq from 29m • 3m
Slide 17: Mt Jesse Copper Project
For personal use only Mt.Jesse Copper Project MAA Y R 2 0K 23 M I N IV N E SE T OSR -P ASX:AHK R E S E N T A T I-O NI N V E S T O R PRESENTATION 17
Slide 18: Mt Jesse: Copper Project
Mt.Jesse: COPPER PROJECT West of Mt Garnet ~25km west of Mt Garnet and ~176km from Cairns Copper-Rich Magnetite Skarn For personal use only Centered on a copper rich magnetite skarn associated with porphyry style mineralization; historical rock chips up to ~21% Cu and drilling up to 2.11% Cu Histori
Slide 19: Investment Highlights
For personal use only Investment Highlights MAY 2023 INVESTOR PRESENTATION 19
Slide 20: Combined Company Investment Highlights
Combined Company INVESTMENT HIGHLIGHTS For personal use only Immediate focus is Advancing processing Pursuing near-term Mt Jesse Copper project 1,000m air core drill and off-take discussions development and Pluton Gold assets program at Sandy – considerable interest in v opportunities at add further
Slide 21: Contact Information
Contact Information For personal use only Ben Emery Trent Primmer Executive Director Director of Trading ben@franklinexchange.com trent@barclaypearce.com.au Roger Jackson Richard Warner Executive Chairman Global Partnerships roger@rjgroup.com.au richard@barclaypearce.com.au MAY 2023 INVESTOR PRESENT