Alba Mineral Resources Plc · LSE:ALBA
Alba Mineral Resources — Investor Presentation (November 2022)
30 slides from Alba Mineral Resources's investor presentation, November 2022
Slide 1: Unearthing hidden value
Corporate Presentation Q@4 2022 Unearthing hidden value from previously drilled or mined projects
Slide 2: Disclaimer
Disclaimer This presentation is made on behalf of Alba Mineral Resources PLC (“the Company”). It does not constitute an admission document relating to the Company nor does it constitute an offer or invitation to purchase or subscribe for any securities in the Company. No reliance may be placed whats
Slide 3: Overview
Overview Focused on extracting unexploited value from previously mined or drilled projects Diversified portfolio of unique UK gold assets - Clogau-St David’s Gold Mine, Wales - Dolgellau Gold Exploration Project, Wales - Gwynfynydd Gold Mine, Wales Significant investments in stable jurisdictions - G
Slide 4: Our Team
Our Team Key Data Ticker Ordinary Shares Equity not in public hands Share Price Market cap (£m) LON:ALBA, 6,621,568,996 1.69% 0145p £9.6m (as at 08.11.22) George Frangeskides Executive Chairman +25 years in the mining, legal and corporate advisory sectors in Australia and the UK, with significant ex
Slide 5: Strategy
Strategy Develop existing assets with the objective of fast-tracking them into production, generating cash and delivering returns for shareholders Support investee companies to strengthen their businesses and facilitate liquidity events or generate ongoing revenues Secure additional complementary as
Slide 6: Projects Overview
Projects Overview Greenroc Projects Limerick - Pb-Zn Welsh Au Projects UK Oil & Gas PROJECTS IN UK & IRELAND Clogau-St David's Gold Mine, Wales Dolgellau Gold Exploration Project, Wales Gwynfynydd Gold Mine, Wales Limerick Base Metals, Ireland
Slide 7: Projects
PROJECTS Clogau-St David’s Gold Mine 07 | Alba Mineral Resources | Corporate Presentation G4 2022
Slide 8: Overview: Clogau-St David's Gold Mine
Overview CLOGAU-ST DAVID'S GOLD MINE, WALES The UK’s largest historic producer of gold Produced 80,0000z before the mine closed in 1998, when the gold price was $300 per ounce, compared to its present price of ~$1,649 per ounce (at 03/11/22) Since coming under Alba’s majority ownership in mid-2018,
Slide 9: Underground Workings
Underground Workings CLOGAU-ST DAVID'S GOLD MINE, WALES CLOGAU ST. DAVIDS 3D MODEL LLECHFRAITH LEVEL LLECHFRAITH PAYSHOOT MODEL "APPROX, 120 m Underground workings (coloured green and Significant new lodes/lode extensions identified Height of modelled Llechfraith Payshoot white), which would cost mi
Slide 10: New Large-Scale Discoveries within the Clogau Mine
New Large-Scale Discoveries within the Clogau Mine CLOGAU GOLD MINE Lower Llechfraith = Alba’s drilling has proved downward continuation of Llechfraith structure up to ~122m below No.4 Level (last DRILLING RESULTS development) JACK WILLIAMS, = Lode system is also believed to extend to west, where LO
Slide 11: Primary In-Mine Target: Lower Llechfraith
Primary In-Mine Target: Lower Llechfraith CLOGAU-ST DAVID’S GOLD MINE, WALES Dewatering Llechfraith Shaft in order to access — Lower Llechfraith target zone Apr weve ~~ )_Pipeines = Subject to receipt of permits (applied for Oct 2022), dewater flooded Llechfraith Shaft and workings using submersible
Slide 12: Secondary In-Mine Target: Main Lode Extension
Secondary In-Mine Target: Main Lode Extension CLOGAU-ST DAVID'S GOLD MINE, WALES Extending existing Main Lode development to access 7-10 Lode (at depth below Llechfraith Adit level) and Jack Williams and New Branch Lodes (~550 m long untouched zone to north of Llechfraith Adit) POTENTIAL FUTURE DEVE
Slide 13: Clogau Waste Tip: A Stand-Alone Production Opportunity
Clogau Waste Tip: A Stand-Alone Production Opportunity AU-ST DAVII LD MINE, WALES The Waste Tip at Clogau, which covers 2,833 m?, comprises ore rock mined but discarded as waste and not processed for its gold content during historical periods of mining Whole Waste Tip estimated to contain ~32;000 to
Slide 14: Commercialisation Opportunities for Welsh Gold
Commercialisation Opportunities for Welsh Gold CLOGAU-ST DAVID'S GOLD MINE, WALES Despite a recent correction, since mid-2020 the gold price has consistently traded at multi-year highs 2200 2000 1800 1600 1400 1200 Idprice.ori 1000 one a 2013 2015 2017 2019 2021 “The reason gold is a trusted port in
Slide 15: Next Steps
Next Steps LD MINE, V Anticipated route to commercial production Dewatering and rehabilitation of Llechfraith Main Shaft for channel and bulk sampling - permitting in progress (submitted late October 2022) mmercialis. in of Waste Tip - permitting status: pre-application enquiries to inform planning
Slide 16: Projects: Dolgellau Gold Exploration Project
PROJECTS Dolgellau Gold Exploration Project iO J ae aS eee A roe 16 | Alba Mineral Resource Corporate Presentation @4 2022 tn, "
Slide 17: Multiple Near-Mine Gold Targets
Multiple Near-Mine Gold Targets DOLGELLAU GOLD EXPLORATION Exclusive 188 km? exploration licence over the Dolgellau Gold Field in North Wales with 300 historical workings & 11 past producing gold mines inc. Clogau and Gwynfynydd CONTINUATION OF CLOGAU LODES? ror. CLOGAU ST. DAVIDS MINE WORKINGS TREN
Slide 18: Multiple Regional Gold and Base Metal Targets
Multiple Regional Gold and Base Metal Targets DOLGELLAU GOLD EXPLORATION HAFOD OWEN New Epithermal Au (Ag-Cu) target, in Coed y Brenin Porphyry district Prospective for vein- and breccia- hosted mineralisation Samples grading up to 24.1 g/t Au & 6.76 % Cu LIDAR interpretation defined 5-6 N- S/NNE-SS
Slide 19: Gwynfynydd Gold Mine
Gwynfynydd Gold Mine DOLGELLAU GOLD EXPLORATION The second largest producer of gold in the UK’s history, 3D MINE MODEL with significant unexplored production potential - From 1887, produced ¢.45,000 oz of gold at a mining grade of 15 g/t - 10,000 tonnes of ore extracted annually from total resource
Slide 20: Investments
INVESTMENTS GreenRoc Mining plc Greenland, 54% Interest 20 Alba Mineral Resources | Corporate Presentation @4 2022 = Sow
Slide 21: High-Grade Critical Minerals in Greenland
High-Grade Critical Minerals in Greenland Portfolio of high-grade projects in mining-supportive Greenland - Amitsoq: average graphite grades among highest in world - Thule Black Sands (TBS): high-grade in situ ilmenite - Melville: iron ore processable to a high-grade concentrate Positioned for signi
Slide 22: Amitsoq: A Super High-Grade, Former Producing Mine
Amitsoq: A Super High-Grade, Former Producing Mine GREENE A brownfield site, incorporating the formerly producing Amitsog Graphite Mine 1918-1922: mining period, total ore extracted just ~6,000 tonnes Extensive underground development, consisting of an open cut, underground drives and three entrance
Slide 23: Deloitte, 2021
Deloitte, 2021 ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ µ ▪ ▪
Slide 24: Amitsoq: An Emerging World-Class Graphite District
Amitsoq: An Emerging World-Class Graphite District GREEN Nanortalik Region 2022 Sampling Second graphite zone on Kalaaq mainland area - with substantial upside potential * Kalaag Exploration Target: 6-10 Mt at 17-33 C(g)% (see p.2 note) * Grades up to 33.1 C(g)%, with significant resource potential,
Slide 25: Amitsoq: Roadmap to Production
Amitsoq: Roadmap to Production GREENROC Conceptual plan 2023-2026, development, construction to production 2023 2024 2025 2026 Resource Exploitation DFS, Start vg definition, permitting, PFS, construction of Construction final Scoping study, ilot processing mine, processing Production start EIA SIA
Slide 26: TBS: Foothold in a Known Ilmenite Province
TBS: Foothold in a Known Ilmenite Province High-grade ilmenite in N-W Greenland, extensively drilled with 10km of mineralised strike length Phase 2 Drilling Completed 2021 = Objective: provide base for Scoping Study, EIA/SIA and Mining Licence application = 249 holes to maximum 6m depth for total of
Slide 27: Melville Bay Iron Ore
Melville Bay Iron Ore Substantial historic work completed including Resource drilling and aeromagnetics JORC Inferred Resource at Havik East 63 Mt @ 31.4% Fe Significant potential to increase Resource through drilling - Exploration Target of 200-400 Mt at 25-37% Fe High-grade magnetite concentrate p
Slide 28: Alba ESG Policies
Alba ESG Policies Environmental Compliance with all applicable environmental and ecological laws and regulations Close collaboration with competent regulators Continuing efforts to reduce the carbon footprint of our activities Rehabilitation of exploration sites and formulation of mine closure plans
Slide 29: Alba Value Catalysts
Alba Value Catalysts Near-term production opportunities at premium- valued Welsh gold assets + exploration upside Fast-tracking route to production at world-class graphite deposits in Greenland Multiple exploration & development programmes underway and planned Exploring value-adding acquisitions Rob
Slide 30: plc
Alba Mineral Resources plc Tel: +44 (0)20 3950 0725 Email: info@albamineralresources.com Web: albamineralresources.com
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