Alien Metals Ltd · LSE:UFO
Alien Metals — Investor Presentation (December 2020)
27 slides from Alien Metals's investor presentation, December 2020
Slide 1: Corporate Presentation
Corporate Presentation December 2020 LONDON STOCK EXCHANGE AIM:UFO
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement The information in this Presentation relating to Alien Metals Ltd (the “Company”) has been prepared by the Company and is for background purposes only and may be subject to change. It is being issued to certain persons on the basis that they fall within one of
Slide 3: Strategy
Strategy GROWTH Advancing multiple Enhance shareholder assets up the value curve value through project incubation and asset realisation PARTNERSHIP Partners to fund exploration and project development EXPLORATION Low-cost acquisitions and adding value through exploration AIM:UFO | 3
Slide 4: Commodity Outlook
Commodity Outlook Ag Fe Silver Iron ore • Silver up 130% from March 2020 low • One of the top performing metals in 2020 • Maintaining strong levels currently > $24 USD/Oz • Iron prices moving up from USD $80 -$125/t • Gold/ Silver Ratio has narrowed from +110:1 to 70:1 in past 6 months • Industrial
Slide 5: Investment Case
Investment Case Project developer, unlocking value from a portfolio of assets Ag Fe LOW-COST ACQUISITIONS HIGH GRADE PROJECTS SILVER AND IRON ORE UPSIDE Generating value through the Portfolio consisting of high grade Positive outlook for precious metal and exploration of low cost acquisitions projec
Slide 6: Alien Metals Portfolio
Alien Metals Portfolio Prospective portfolio and commodities Ag AUSTRALIA Ni Cu PGE Fe Elizabeth Hill (100%) - Silver ELA 47-4422 Hancock & Brockman (51%) - Fe Past producing, high grade silver mine 117km2 exploration permit around Two highly prospective iron ore projects High mine head grade averag
Slide 7: Market Information
Market Information YTD return 184% 1 year return 468% CAPITAL STRUCTURE AIM UFO MARKET TICKER £42.7m 0.07p – 3.15p MARKET CAP 52 WEEK SHARE PRICE 3,415m 74m ISSUED SHARE MANAGEMENT OPTIONS CAPITAL 439m SHARE WARRANTS MAJOR SHAREHOLDERS Windfield (Vendor) 6.4% Gravner (Fund) 6% *Warrants with a range
Slide 8: Board and Management
Board and Management Significant experience in delivering value DAN SMITH BILL BRODIE GOOD MARK CULBERT Non-Executive Chairman CEO & Technical Director Non-Executive Director Over 13 years’ capital markets experience Over 25 years’ in mineral exploration, Founding Partner of corporate and as a direc
Slide 9: Alien's Mexican Portfolio
Alien’s Mexican Portfolio Zacatecas District The Zacatecas District produced over 1 billion ounces of silver to date AIM:UFO | 9
Slide 10: Alien's Mexican Portfolio
Alien’s Mexican Portfolio High potential for development • Key projects: - Donovan 2 (Copper/gold) - San Celso (Silver) - Los Campos (Silver) • Donovan 2 in ideal location and geological setting to host VMS deposit • Silver projects host very high grade historic mines, excellent potential for on str
Slide 11: Donovan Copper/Gold Project
Donovan 2 Copper/Gold Project Capstone Mining Farm-in agreement commenced • Capstone Mining commenced sole funding to develop project with multi-million dollar investment • Close spaced in-fill IP survey for November to consolidate Drill Targeting • Drilling to follow on completion 2019 surface samp
Slide 12: San Celso Silver Project
San Celso Silver Project Bonanza Grades • San Celso hosts two historic underground silver mines from turn of the last century Bonanza Grades: • Historic grades up to 2683g/t Ag (~86 oz/Ag) • Recent sample grades up to 1,389 g/t Ag (~44 oz/Ag), averaging 441 g/t Ag (~14 Oz/Ag) From 96 samples • Numer
Slide 13: San Celso Silver Project
San Celso Silver Project Bonanza Grades • Exceptional continuity of bonanza grade in historic mines • Further surface expression of continuation of mineralized system within current licence • Excellent in-fill and extension potential for substantial resource potential • Alien working on acquiring ad
Slide 14: Los Campos Silver Project
Los Campos Silver Project Average reported head grade of over 1,000 g/t Ag • 3km from Endeavour El Compas silver mine – comparable mineralized system • Los Campos includes: 100% • Two historic silver mines • Average reported head grade of over 1,000g/t Ag • Historic waste/ore dumps remain to be test
Slide 15: Los Campos Silver Project
Los Campos Silver Project Adjacent to currently producing mine Summary of high-grade samples from Los Campos 2019 Sample Ag (g/t) Ag (oz/t) • Alien sampling has confirmed high grade results up to 547 g/t (17oz/t Ag) 6940 161 5.2 • Adjacent to Endeavour Silver mine currently 6942 59 1.9 producing at
Slide 16: Elizabeth Hill Silver Project
Elizabeth Hill Silver Project Past-producing silver mine • 1.2 Moz silver reportedly mined from ore grading 2,195 g/t Ag (70.24 Oz/t Ag) • Exceptional head grade of 1oz Gold/tonne Eq • Pre JORC Compliant Resource of 4.05 Moz Ag at greater than 200 g/t Ag • Largest native Silver nugget in Australia f
Slide 17: Australia's Largest Silver Nugget from Elizabeth Hill -145kg
Australia‘s Largest Silver Nugget from Elizabeth Hill -145kg Final weighting of the largest silver nugget to be found in Australia extracted from the Elizabeth Hill Silver Mine @ 1999 after recent cleaning. AIM:UFO | 2217
Slide 18: Elizabeth Hill Silver Project
Elizabeth Hill Silver Project Significant upside potential • Review of historical data shows excellent indication for significant upside potential • Nuggets extracted worth multiple times the actual silver content • Evaluating the potential of the significant unmined resources • Potential to recomme
Slide 19: Elizabeth Hill Surround ELA 47/4422
Elizabeth Hill Surround ELA 47/4422 Significant additional prospective new ground • 117Km2 new Exploration licence acquired enveloping Elizabeth Hill Project ML • Several defined Prospects within new EL including: • Sunchaser • Carver • Conquest • Munni Munni East (PGM) • New prospect already define
Slide 20: Hamersley Iron Ore Projects
Hamersley Iron Ore Projects High-grade iron ore, Direct Shipping Ore potential • 51% interest in two Iron Ore projects in world class Pilbara region of Western Australia • Both projects contain significant Direct Shipping Ore (DSO) potential • Major study completed and field work now underway • High
Slide 21: Hancock Ranges Iron Ore Project
Hancock Ranges Iron Ore Project Kalgan prospect highly prospective & drill ready • Excellent high grade surface samples up to 66.95% Fe from recent field work • Parallel mineralisation identified in several prospective ridges • Underexplored, with Kalgan prospect currently mapped over 3km strike and
Slide 22: Brockman Iron Ore Project
Brockman Iron Ore Project Potential for multi-million tonnes high-grade Iron Ore • Project contains edge of historic BHP deposit 19 and 20 and northern extension of BHP 15 deposit • Recent field work confirmed historic work by BHP who reported 4 samples from BHP 20 assayed: • Fe 59.5% too 63.5% (Ave
Slide 23: Greenland: Zinc lead exploration License
Greenland: Zinc lead exploration License • Company granted 208km2 exploration licence in northern Greenland. • Licence surrounds the world class Citronen Zinc-lead project owned by Ironbark Zinc Limited. • Granted licence number 2020-44. • Company commenced detailed historic review for next stage ex
Slide 24: Exploration Timeline 2020/21
Exploration Timeline 2020/21 2020 2021 Elizabeth Hill Silver Project Trenching and mapping program 2020 Drilling program 2021 Hamersley Iron Ore Project Mapping and sampling program 2020 Maiden drilling program 2021 Donovan 2 Cu/Au Project Infill ground geophysics 2020 Resource development 2021 San
Slide 25: Investment Case
Investment Case Project developer, unlocking value from a portfolio of assets Ag Fe LOW-COST ACQUISITIONS HIGH GRADE PROJECTS SILVER AND IRON ORE UPSIDE Generating value through the Portfolio consisting of high grade Positive outlook for precious metal and exploration of low cost acquisitions projec
Slide 26: Hamersley Iron Ore Project Exploration Target
APPENDIX Hamersley Iron Ore Project Exploration Target Low case High case Project Prospect Grade Range Tonnes (Mt) Tonnes (Mt) Brockman Iron BHP20 50-63% Fe 7 33 Brockman Iron BHP15 50-63% Fe 60 200 Hancock Ranges Sirius Extension 56-63% Fe 5 15 TOTAL 74 245 Note: Exploration data utilised in the mo
Slide 27: Contact Information
Contact Information Dan Smith Non-Executive Chairman Bill Brodie Good CEO and Technical Director T +44 (0) 2039 074 060 E exec@alienmetals.uk 16 Berkeley Street, London, W1J 8DZ, United Kingdom Megan Ray Blytheweigh (Financial PR) T +44 (0) 203 814 8316 E megan.ray@blytheweigh.com @AlienMetals linke