Alkane Resources Ltd · ASX:ALK
Alkane Resources — Bell Potter Unearthed (February 2022)
21 slides from Alkane Resources's conference presentation, Feb 9, 2022
Slide 1: Bell Potter Unearthed
For personal use only BELL POTTER UNEARTHED Nic Earner, Managing Director February 2022 © 2022 Alkane Resources
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Alkane Resources Ltd, industry growth or other trend projections. Such s
Slide 3: Highlights
Highlights For personal use only Upgraded and exceeded production guidance at Tomingley Competitive AISC of A$1,320/oz Roswell and San Antonio Indicated Resources declared Tomingley Life of Mine Plan delivered North Molong Porphyry Project continues to grow with over 75,000 metres drilled to date In
Slide 4: Strategy: Alkane is growing shareholder value
Strategy, Alkane is growing shareholder value through: Growth and • increased gold production at For personal use only Investment Tomingley • targeted exploration and development, and; • cornerstone investments. CORPORATE RELIABLE, LONG TERM LANDMARK DISCOVERY STRATEGIC INVESTMENT TO STRENGTH AND TR
Slide 5: Corporate Profile
Corporate Profile Ian Gandel (Non-Executive Chairman) For personal use only Mr Gandel is a successful Melbourne based businessman with extensive experience in retail Capital Structure management and retail property. Through his private investment vehicles Mr Gandel has been an investor in the mining
Slide 6: Tomingley Corridor: Central West NSW
Tomingley Corridor: Central West NSW For personal use only ~10km mineralised corridor adjacent to established processing infrastructure at Tomingley Gold Operations (TGO) ALKANE RESOURCES | ASX:ALK 6
Slide 7: Tomingley Operation
Tomingley Operation For personal use only • 1Mtpa processing plant operating since 2014 (permitted for 1.5Mtpa) • Exceeded FY21 production guidance with 56,958 oz at AISC A$1,320/oz • Open cut and underground operations • FY22 production guidance of 55-60,000 oz, with 29,000 oz at 31 December 21 Res
Slide 8: Tomingley Operation
Tomingley Operation For personal use only • Extent of mineralisation at San Antonio, Roswell alone covers significantly larger area than original Tomingley discoveries Total Resource for TGO, Tomingley Extension Project and Peak Hill: 27.0 Mt @ 1.99g/t Au (1,727,000 oz)# Total Reserve for TGO and To
Slide 9: Tomingley Underground
Tomingley Underground For personal use only Existing development (yellow) and stopes (blue) under Wyoming One and the Caloma open cuts ALKANE RESOURCES | ASX:ALK 9
Slide 10: Tomingley Underground
Tomingley Underground For personal use only Existing development and stopes (yellow and blue) and planned development and stopes (blue lines and other colours) under Wyoming One and the Caloma open cuts ALKANE RESOURCES | ASX:ALK 10
Slide 11: Tomingley Extension Project
For personal use only Tomingley Extension Project • Life Of Mine (LOM) plan shows operation to at least 2031#. • Planned production of approximately 745,000 oz for the period, with processing ramping to a 1.5 mtpa. • The planned production profile (averaged for each period) is: • 50,000 – 60,000 ozp
Slide 12: Tomingley Extension Project
Tomingley Extension Project For personal use only • Development requires the diversion of the Newell • Capital cost planned to be funded from operating Highway onto land that Alkane has purchased. cashflow and debt, discussions underway with potential debt providers. • This diversion, together with
Slide 13: Tomingley Underground and Exploration Drive
Tomingley Underground and Exploration Drive For personal use only Existing development (yellow) and stopes (blue) under Wyoming One and the Caloma open cuts Existing development and stopes (yellow and blue) and planned development and stopes (blue lines and other colours) under Wyoming One, the Calo
Slide 14: Boda Prospect
Boda Prospect For personal use only • Significant Gold-Copper Porphyry mineralisation at Boda • Boda target identified by lithogeochemistry and geophysics, followed by RC drilling • Diamond holes show large scale mineralisation with higher grade core, continuing to the south and north west • Numerou
Slide 15: Boda – High grade breccia extending
For personal use only Boda – High grade breccia extending KSDD007 (96.8m @ 3.97g/t Au and 1.52% Cu) Chalcopyrite cemented breccia in potassic altered volcanics KSDD007 KSDD007 1,167m @ 0.55g/t gold, 0.25% copper from 75 metres incl 512m @ 1.00g/t gold, 0.44% copper from 688 metres incl 376m @ 1.30g/
Slide 16: North Molong Porphyry Project Drilling Program
North Molong Porphyry Project For personal use only Drilling Program Current Program: • Drilling focus on high grade as well as both near surface and repeat structure opportunities • Two diamond rigs and one RC rig on site • Kaiser to Boda Three mineralised envelope: • Over three kilometres long • U
Slide 17: Strategic Gold Investments
Strategic Gold For personal use only Investments • Additional value creation options beyond strong regional NSW exploration portfolio Alkane owns ~12.7% of Genesis Minerals, Alkane owns ~9.7% of Calidus Resources, • Long-term, potential value demonstrated which has a 1,600,000oz+ high grade Au which
Slide 18: Key Priorities for 2022
Key Priorities for 2022 For personal use only Test high grade extensions, near surface resources and repeat structures at Boda and nearby porphyry targets Early stage exploration across greater Boda region (North Molong Porphyry Project) Initial Boda Resource Tomingley Corridor Exploration Drive (un
Slide 19: For personal use only
For personal use only www.alkane.com.au @alkaneresources alkane-resources-ltd
Slide 20: Mineral Resources
Mineral Resources For personal use only PEAK HILL GOLD PROJECT MINERAL RESOURCES (as at 30 June 2021) Apparent arithmetic inconsistencies are due to rounding. Deposit Resource Cut-Off Tonnes (Kt) Gold Grade Gold Metal Copper These Mineral Resources are wholly inclusive of any Ore Reserves. Category
Slide 21: Ore Reserves
Ore Reserves TOMINGLEY GOLD OPERATION ORE RESERVES(as at 30 June 2021) For personal use only PROVED PROBABLE TOTAL Total Gold DEPOSIT Tonnage Grade Tonnage Grade Tonnage Grade (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Koz) Open Pittable Reserves (cut off 0.40g/t Au) Wyoming One 0 0.0 0 0.0 0 0.0 0
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