Adavale Resources Limited · ASX:ADD
Adavale Resources — Merger or Acquisition (November 2024)
17 slides from Adavale Resources's merger presentation, Nov 29, 2024
Slide 1: Transformational Acquisition
Transformational Acquisition Gold and Copper in the NSW Lachlan Fold Belt Parkes Acquisition ASX: ADD November 2024
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer ASX: ADD This presentation has been prepared by Adavale Resources Ltd (ASX:ADD).This presentation contains background information about ADD current at the date of this presentation. The presentation is in summary form, has not been independently verified and does not pu
Slide 3: Right Time, Right Place, Right Commodities
Right Time, Right Place, Right Commodities ASX: ADD Gold price – Historical highs • A$4,000 + per oz • Geopolitical uncertainty • All point to a further increase in gold price Lachlan Fold Belt – Investment and M&A1 Uranium Price (USD) Gold Price (AUD) • $16b in M&A (producing assets) • $300m in exp
Slide 4: Lachlan Fold Belt, NSW – Tier 1 Gold and Copper Jurisdiction
Lachlan Fold Belt, NSW – Tier 1 Gold and Copper Jurisdiction ASX: ADD Lachlan Fold Belt • Historic production over 80Moz Au and 13Mt Cu and endowed with resources ~160Moz AuEq 1 • The Ordovician-aged Macquarie Arc volcanics are the right geology for gold and copper discoveries in the broader Lachlan
Slide 5: Lachlan Transverse Zone transecting Macquarie Arc
Lachlan Transverse Zone transecting Macquarie Arc ASX: ADD Adavale's Prospectivity • The Lachlan Transverse Zone (‘LTZ’), trending north-west , is an Ordovician-age structural corridor that transects the Macquarie Arc portion of the Lachlan Fold Belt • The Cadia mine is situated at the intersection
Slide 6: Adavale Resources Forging New Paths to Gold in NSW
Adavale Resources Forging New Paths to Gold in NSW – Diamond Drill hole recently completed on EL7242, interpreted to have intercepted down-dip extension of London Victoria structure. Photo of core trays 107 and 108 from DDH AEIDD001 showing most of the 12m-thick zone of quartz-carbonate veining and
Slide 7: EL7242 London Victoria Mine (124koz Au Historical Estimate)
EL7242 London Victoria Mine (124koz Au Historical Estimate) ASX: ADD • EL7242 is focused on the historic London Victoria Gold Mine, which produced c.200koz Au via open-pit mining at ~2g/t along 1.6km of strike, with higher-grade lodes, up until 1998; operators BHP Gold, Hargraves. • Remaining estima
Slide 8: Front Gate, No Mistake and The Dish: abundant gold and copper targets
Front Gate (EL8831), No Mistake (EL8830) and The Dish (EL9711): ASX: ADD abundant gold and copper targets • Ashes Prospect (EL 8831 East): Adjacent to Northparkes (ASX:EVN; c.60ktpa Cu / 50kozpa Au) and Tomingley (ASX:ALK; ~70kozpa Au) mines, combined resources of ~7.5Moz Au / 4.4Mt Cu. Historic hig
Slide 9: The Parkes Transaction – All Scrip
The Parkes Transaction – All Scrip ASX: ADD Vendor with excellent track record of transacting licences in the Lachlan Fold Belt - recently and successfully with Waratah (ASX:WTM) $900,000 in shares (300m) for $250,000 in shares (83.3m) 72.5% of Project licenses for diamond drilling conducted in Nov
Slide 10: Project Timeline
Project Timeline1 ASX: ADD Q4 – 2024 Q1 2025 Q2 2025 • Significant near-term share Gold (NSW) price catalysts -EL8831 • Boots on ground immediately Front Gate (Ashes, Myall, Corner) - Rock Chipping at Ashes & Myall Front Gate (Ashes, Myall, Corner) - Target Generation • Drilling Q1 2025 at 2 project
Slide 11: Uranium tenements in Tier 1 Jurisdiction next door to Giants
Uranium tenements in Tier 1 Jurisdiction next door to Giants ASX: ADD • Biden government implemented legislation banning the import of uranium products from Russia in May 2024 • Russia has recently retaliated by imposing restrictions on the export of enriched uranium to the USA, creating supply risk
Slide 12: Regional Prospective Uranium Geology - "No Vacancies"
Regional Prospective Uranium Geology - “No Vacancies” ASX: ADD Marree Embayment and Frome Embayment • Majority of tenure in northern Flinders Ranges prospective for Uranium has Tri-Star already been secured • Heathgate (Beverley/Beverley 4 Mile) • Tri- Star (Private) • FMG • Orpheus ADD Orpheus ADD
Slide 13: Dominant Position in the East African Nickel Belt
Dominant Position in the East African Nickel Belt ASX: ADD Over 1,315km2 of granted licences in Tanzania • Combination of 100% owned Licences & Farm–In tenements • Licences are adjacent and along strike from the world’s largest “under development” high-grade Kabanga1 nickel sulphide deposit, 87.6Mt
Slide 14: Luhuma Central - Massive nickel sulphide intersections
Luhuma Central - Massive nickel sulphide intersections ASX: ADD Nickel sulphides intersected in all holes and trend extends SW at Luhuma Central 7.55m of massive sulphides in DDLUHC003 1 The increasing MgO content towards the SW is illustrated above with the red colour depicting the most primitive r
Slide 15: Corporate Overview (Post Acquisition and Placement)
Corporate Overview (Post Acquisition and Placement) ASX: ADD Allan Ritchie Nic Matich ADD 2,346m 0.25c Executive Chairman & CEO Experienced ASX/HKEx Energy and Non-Executive Director Experienced ASX Resources ASX Code Shares Share Price (27 Nov ‘24) Resources CEO/ED/MD over 15 years, CEO/ED/MD with
Slide 16: Allan Ritchie, Executive Chairman and CEO
www.adavaleresources.com Allan Ritchie investor@adavaleresources.com Executive Chairman and Chief Executive Officer allan@adavaleresources.com Adavale Resources Limited +61 2 8003 6733 @Adavale
Slide 17: References
References ASX: ADD • Agricultural Equity Investments Pty Limited. Exploration Licence 7242, “Parkes”, Third Annual Exploration Progress Report, for the period 7th November 2020 – 6th November 2011. (Geoscience NSW database [DIGS] report RE0002336 [GS2012/0015]). • Meridian Minerals Ltd. EL6644, “No
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