Amara Minerals Limited · ASX:AM3
Amara Minerals — Adelong Gold — Gold Coast Gold Conference 2025
20 slides from Amara Minerals's conference presentation, April 2025
Slide 1: Unlocking the Next Chapter: Adelong Gold's High-Grade Future
Unlocking the Next Chapter: Adelong Gold’s High-Grade Future Gold Coast Gold Conference APRIL 2025 adelonggold.com
Slide 2: Important Information
Important Information Important Information The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about an
Slide 3: Investment Highlights
Investment Highlights Adelong Gold Project Apollo Gold Project Foundations for a commercial project Adelong Gold acquired 100% of EL006430, an advanced high-grade gold project 800kozs historical production, including 380koz from Underground @ 45g/t 102 km² at northern end of Walhalla Gold Be
Slide 4: Adelong Gold Project – Grade is King
Adelong Gold Project – Grade is King • Robust Scoping Study (released in October 2022) shows a highly profitable, low-capital development • Farm in agreement with Great Divide Mining (ASX:GDM) executed to advance the Adelong Project, leveraging GDM’s expertise and resources • GDM to lead project dev
Slide 5: Scoping Study Update 2022: An attractive Stage 1 Project
Scoping Study Update 2022: An attractive “Stage 1” Project based on mining only existing Resources Summary of the financial analysis Various mining and Study relates to only (Based on A$2,650oz) processing options were considered with the final <50% selection (Base Case) of JORC resources = SCOPING
Slide 6: Apollo Gold: Adelong Acquires Advanced, High-Grade Project
Apollo Gold: Adelong Acquires Advanced, High-Grade Project • Binding Agreement: Adelong Gold acquiring 100% of EL006430 (Apollo Gold Project) • Prime Location: Situated in Victoria’s highly prospective “Melbourne Zone” • Nearby Success: Adjacent to known gold deposits, including Sunday Creek • High-
Slide 7: About the Apollo Gold Project
About the Apollo Gold Project • Apollo Gold Project (EL006430): 102 km² at the northern end of the Walhalla Gold Belt • Location: ~120 km northeast of Melbourne, Victoria • Exploration Potential: Recent drilling returned multiple high-grade gold intercepts, confirming significant exploration potenti
Slide 8: High-Grade Gold Results from Previous Drilling
High-Grade Gold Results from Previous Drilling Notable drill results from Fosterville South Corporation (Great Pacific Gold Corp) include: • GMDH26: 5.8 metres at 18.4 g/t Au, including 4.6 metres at 22.68 g/t Au1 • GMDH28: 39.5 meters at 7.25 g/t Au, including 10.6 meters at 17.1 g/t Au • GMDH30: 2
Slide 9: Heyfield Reef Prospect: High-Grade Antimony-Gold Potential
Heyfield Reef Prospect: High-Grade Antimony-Gold Potential • Significant Discovery: Review of past work confirms high-grade antimony-gold potential at the Heyfield Reef Prospect within the newly acquired Apollo Project • Historical Data: Results include 22 rock samples from 2019 and 16 drillholes co
Slide 10: Antimony – A Critical Mineral Opportunity for Adelong Gold Investors
Antimony – A Critical Mineral Opportunity for Adelong Gold Investors • Antimony (Sb) is a critical mineral essential for electronics, renewable energy, and defense, recognised as strategically important by Australia, US, EU, UK and Japan. • Australia has limited production but major opportunity: Des
Slide 11: Outlook and Next Steps
Outlook and Next Steps Strong Financial Backing – A recent capital raise supports Adelong Gold’s strategic growth and development plans Adelong Gold Project Apollo Gold Project • Adelong Gold executed an agreement with Great Divide • Exceptional high-grade drill results highlight the potential for M
Slide 12: adelonggold.com
Ian Holland Mark Flynn Managing Director Investor Relations +61 428 397 245 +61 416 068 733 Ian.holland@adelonggold.com mark.flynn@adelonggold.com adelonggold.com Released with the Authority of the Board – March 2025
Slide 13: Adelong Gold Project
Adelong Gold Project Adelong Goldfield (NSW) 188K Total JORC Significant Resource Permitted with Processing Scoping Study confirms a Projects Resource1 Potential Options viable project • Initial Scoping Study • ADG has substantially • Mining permit in place for • 800koz • Challenger based on 55% of
Slide 14: Potential to Increase Adelong Project Returns
Potential to Increase Adelong Project Returns Resource Expansion Mining & Processing Gold Price Regional Potential • The Scoping Study shows any • Around 50% of the current • The Scoping Study was based • The Adelong Mine Site is additional shallow resources resources have not been on a gold price o
Slide 15: Apollo Gold: Geological Setting & Exploration Potential
Apollo Gold: Geological Setting & Exploration Potential • N-S Zone: Near-vertical fault with gold mineralisation controlled by E-W faults and granitic dykes. • Southwest Fault Intersection: Creates wide fractured zones with strong gold mineralisation. • E-W Zone: Granitic dyke swarm near Strathbogie
Slide 16: Apollo Gold: Significant Intercepts Table
Apollo Gold: Significant Intercepts Table HoleID From To Interval Au (g/t) COG (g/t) HoleID From To Interval Au (g/t) COG (g/t) GMDH26 91.8 97.6 5.8 18.14 0.5 GMDH35 68 115 47 2.7 0.5 Includes 93 97.6 4.6 22.68 2 Includes 91 95 4 11.8 2 GMDH27 83 88 5 1.65 0.5 GMDH36 58.5 66.8 8.3 6.9 0.5 Includes 8
Slide 17: Apollo Gold: 'Dig Fault Zone'
Apollo Gold: ‘Dig Fault Zone’ GMDH28 - 39.5m @ 7.25 g/t Au from 118.6m (Source: Great Pacific Gold Corp) 17
Slide 18: Heyfield Reef Prospect: 2022 Drilling Program
Heyfield Reef Prospect: 2022 Drilling Program • Drilling Overview: A 2022 program included 15 reverse circulation drillholes and 1 diamond drillhole, with all samples assayed for gold at a Bendigo laboratory • Antimony Assays: Due to visible stibnite mineralisation in HFRC04 (66m–69m), three samples
Slide 19: Heyfield Reef Prospect
Heyfield Reef Prospect Drill Hole Collars Table Significant Intercepts Table Hole ID East North RL Azimuth Dip EOH Lower Hole ID From To Interval Au (g/t) Sb (%) COG (g/t) HFRC01 391275 5907340 358 352 -55 90 HFRC02 391274 5907359 363 349 -55 90 HFRC02 43 44 1 0.99 - 0.2 HFRC03 391337 5907333 346 34
Slide 20: adelonggold.com
Ian Holland Mark Flynn Managing Director Investor Relations +61 428 397 245 +61 416 068 733 Ian.holland@adelonggold.com mark.flynn@adelonggold.com adelonggold.com Released with the Authority of the Board – March 2025