Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Shareholder Meeting (November 2014)
20 slides from Alchemy Resources's shareholder meeting presentation, November 2014
Slide 1: Unlocking the gold and base metals potential in the rich Bryah Basin
ASX: ALY Unlocking the gold and base metals potential in the rich Bryah Basin Annual General Meeting November 2014
Slide 2: Alchemy: creating value through exploration
Alchemy: creating value through exploration Strategy to unlock gold and base metal potential across Bryah Basin Project, Western Australia Indicated Resource of 300,000oz gold – Hermes & Wilgeena – close to existing processing plants High-grade gold returned from gold prospects – Seaborg & Central B
Slide 3: Alchemy – Corporate summary
Alchemy – Corporate summary Listed on ASX in November 2007 Code: ALY Shares on issue 185.45m Options – unlisted 3.975m Market Capitalisation (undiluted) $3.0m Cash (30 September 2014) $0.3m BlueCrest Capital 26.92m (14.5%) Top 3 Shareholders Jindalee Resources 17.47m (9.4%) Lindsay Dudfield 10.26m (
Slide 4: A compelling gold & base metal story
A compelling gold & base metal story Primary focus is advancing the highly prospective Bryah Basin Project Alchemy’s growth strategy is to: Unlock value through focused, systematic exploration for gold and base metals Grow resources through targeted drilling at new (Seaborg, Central Bore) and existi
Slide 5: Bryah Basin – A prominent gold & base metal position
Bryah Basin – A prominent gold & base metal position Unique, significant landholding position of 630km2 in exciting, metals-rich province Major gold (Plutonic, Peak Hill & Fortnum) & base metals (DeGrussa, Horseshoe Lights) Historically under-explored province for gold and base metals – limited mode
Slide 6: Bryah Basin – a golden future
Bryah Basin – a golden future Currently 300,000oz gold at Hermes and Wilgeena deposits – open at depth/strike Newly discovered prospect at Seaborg with high-grade gold potential High quality exploration portfolio with excellent resource growth potential Goal of increasing resources while continually
Slide 7: Exploration pipeline – 'smart exploration'
Exploration pipeline – ‘smart exploration’ Critical datasets – geophysics, geological mapping/interpretation, regolith Advanced Projects Increase confidence/ understanding improved knowledge expand resources Understanding regional-scale controls – depositional sites – chemical deposition Resources
Slide 8: Gold resources – Hermes & Wilgeena
Gold resources – Hermes & Wilgeena JORC 2004 Indicated resources* of 300,000oz at Hermes and Wilgeena Improved geological understanding and confidence in grade continuity Potential for growth through depth and strike extent of existing resources – limited drilling >120m vd Metallurgical test-work in
Slide 9: Strong potential for growth – Hermes
Strong potential for growth – Hermes Hawkeye Hermes Gold Deposit – Hawkeye & Trapper Open at depth, <3% of holes >125m vd Recent drilling confirms grade and width Significant recent gold intercepts: HRD003: 4m @ 16.47 g/t (90m) & 4m @ 8.57 g/t (136m) TRC343: 3m @ 4.82 g/t (138m) & 25m @ 1.57 g/t (16
Slide 10: Strong potential for growth – Hermes
Strong potential for growth – Hermes Trapper SW Hermes Gold Deposit – Trapper SW Open at depth, <3% of holes >125m vd Recent drilling confirms grade and width Significant recent gold intercepts: untested TRC351: 18m @ 9.8 g/t (107m) & 1m @ 13.4 g/t (173m) TRC352: 10m @ 3.05 g/t (154m) Proposed exten
Slide 11: Strong potential for growth – Wilgeena
Strong potential for growth – Wilgeena Long Section Wilgeena Gold Deposit Shoot 1 Shoot 2 Shoot 3 Shoot 4 Continuity of mineralisation confirmed Distinct plunging shoots – open at depth (<5% of holes >100m vd) untested Significant recent gold intercepts: 12m @ 5.99 g/t (81m) 21m @ 2.27 g/t (80m) Au
Slide 12: Gold prospects – Seaborg & Central Bore
Gold prospects – Seaborg & Central Bore Seaborg Significant high-grade gold intercepts 51m @ 3.71 g/t (from surface) 23m @ 3.16 g/t (16m) 2m @ 14.46 g/t (27m) Mineralisation from surface and open at depth Potential high-grade shoot in mineralised zone Proposed targeted RC drilling Central Bore Exten
Slide 13: Bryah Basin gold – excellent growth potential
Bryah Basin gold – excellent growth potential Advances in understanding controls on high-grade gold at Bryah Basin Gold localised at major lithological contacts Early shears/faults & contacts folded during later events – strong plunge control on gold Known mineralisation in ‘windows’ of outcropping
Slide 14: Bryah Basin gold – excellent growth potential
Bryah Basin gold – excellent growth potential Multiple new, untested gold targets Extensional RC drilling – Hermes, Wilgeena, Seaborg, Central Bore Targeted RAB/Aircore drilling – Hermes West, Central Bore West, Flamel, Wilgeena South, Pelorus Regolith geochemical sampling defining ‘undercover’ dril
Slide 15: Bryah Basin gold – proposed exploration
Bryah Basin gold – proposed exploration Activity Timing Details Extensional drilling at 1Q 2015 • RC drilling of high-grade gold results at Hermes & Wilgeena existing resource areas Targeted drilling at 1Q 2015 • RC drilling of high-grade gold results at Seaborg & Central Bore advanced prospects RAB
Slide 16: Independence Group JV – Base metals
Independence Group JV – Base metals Leading Australian base metal & gold company Independence Group commits to Joint Venture into base metals prospective tenements covering ~300km2 Rapidly advancing base metals exploration through Initial Expenditure of ~$1M Additional Expenditure of $6M required to
Slide 17: Independence Group JV – Base metals
Independence Group JV – Base metals Discovery of world class deposits through application of extensive base metals experience and state-of-the-art geophysical tools Multiple geochemical and geophysical targets identified Initial Aircore drilling completed September 2014 – results pending Ground EM c
Slide 18: Capitalising on a gold 'n base metals opportunity
Capitalising on a gold ‘n base metals opportunity Dominant footprint in Bryah Basin • Emerging mineral province – prospective for gold and base metals • Complex geology, sparse outcrop – good understanding needed • Systematic exploration to develop robust drill targets Unlock the value of gold resou
Slide 19: Disclaimer and Competent Person's Statements
Disclaimer and Competent Person’s Statements Disclaimer This presentation has been prepared by Alchemy Resources Limited (Alchemy or the Company). This document contains background information about Alchemy current at the date of this presentation. The presentation is in summary form and does not pu
Slide 20: Unlocking the gold and base metals potential in the rich Bryah Basin
ASX: ALY Unlocking the gold and base metals potential in the rich Bryah Basin Annual General Meeting November 2014
Alchemy Resources — Shareholder Meeting (November 2014) on 6ix