Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (November 2012)
21 slides from Alchemy Resources's investor presentation, November 2012
Slide 1: Discovering wealth in the heart of the rich Bryah Basin, WA
ASX: ALY Discovering wealth in the heart of the rich Bryah Basin, WA Investor Presentation November 2012
Slide 2: 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 3: Alchemy: creating value through exploration
Alchemy: creating value through exploration Landholding uniquely positioned in the heart of WA’s rich Bryah Basin Bryah Basin hosts Sandfire’s high-grade DeGrussa copper-gold mine – the key DeGrussa geological structures continue into Alchemy’s ground Multiple copper – gold targets identified – dril
Slide 4: Alchemy – Corporate Overview
Alchemy – Corporate Overview Listed on ASX in November 2007 Code: ALY Shares on issue 156.85m Options – unlisted 2.21m Market Capitalisation (undiluted) $14.4m Cash (30 September 2012) $3.5m BlueCrest Capital 26.92m (17.2%) Top 3 Shareholders Jindalee Resources 17.47m (11.1%) Grandor (Mark Scott) 7.
Slide 5: Alchemy – a compelling copper-gold story
Alchemy – a compelling copper-gold story Primary focus is advancing the flagship Bryah Basin Project Alchemy’s growth strategy is to: Create value through focused, innovative exploration for copper-gold Continue to expand Company’s position through strategic acquisition of additional projects Grow m
Slide 6: A dominant position in heart of the Bryah Basin
A dominant position in heart of the Bryah Basin Bryah Basin Project – copper-gold and gold potential Historically under-explored province – discovery of DeGrussa copper-gold mine in 2009 Unique, underexplored land- holding position of 630km2 in exciting copper-gold province Dominant position between
Slide 7: Bryah Basin Project - Copper
Bryah Basin Project - Copper Port Hedland Newman HORSEHOE LIGHTS Copper Gold Mine 300,000 oz Au, 54,000 t Cu Produced DeGRUSSA Copper Gold Mine == . ~— - 14.3Mt@4.6% Cu, 1.6g/t Au = == A\che! oo Jengmests OS SESS SS = — ALCHEMY FOCUS Prospective stratigraphy for large copper gold deposits im Prospec
Slide 8: The best Cu-Au ground in Basin after Sandfire
The best Cu-Au ground in Basin after Sandfire Favourable geology – stratigraphy and structure >45km strike length of prospective Narracoota volcanics Underexplored for copper for past 40 years Targeting both copper-gold and gold discoveries Native Title extinguished over >95% of area 8
Slide 9: DeGrussa – Highlighting Alchemy’s upside
DeGrussa – Highlighting Alchemy’s upside Discovered April 2009 (Sandfire testing shallow gold target); commenced production in mid 2012 DeGrussa is high-grade (>6% Cu equiv; in situ value ~A$7B) and low cost (C1 costs ~ US$1/lb) Primary mineralisation in near-vertical lenses that commence at >100m b
Slide 10: Why Alchemy’s ground is so prospective
Why Alchemy’s ground is so prospective Alchemy now controls ~45km of strike extent of Narracoota volcanic sequence VMS deposits typically occur in clusters in favourable parts of stratigraphy Prospective stratigraphy mostly soil covered, never explored for copper Alchemy’s main focus for 2012 (and b
Slide 11: Bryah Basin: an exciting exploration story
Bryah Basin: an exciting exploration story Over 70 copper – gold targets identified from geophysics & geochemistry within prospective Narracoota sequence Mapping confirms prospective VMS horizons across project Coherent multi-element (copper, zinc, gold, silver, bismuth, antimony) soil & rock-chip a
Slide 12: Bryah Basin: immediate drilling targets
Bryah Basin: immediate drilling targets 6,000m drilling program testing multi-element anomalies underway – assays awaited Drilling is targeting areas with anomalous drill spoil, rock chip and soil samples and coincident VTEM anomalies Historic drilling shallow (<100m) and many holes assayed for gold
Slide 13: Bryah Basin Project – Gold
Bryah Basin Project — Gold Port Hedland HERMES Gold Deposit Newman Indicated Resource 213,000 oz Au ba LI = CENTRAL BORE Gold Prospect Drilling confirms continuity of mineralistion PLUTONIC Gold Mine — A\chem: Tenements: ALCHEMY FOCUS Prospective stratigraphy for large copper gold deposits WILGEENA
Slide 14: Bryah Basin – Gold
Bryah Basin – Gold Goal of increasing resources while continually evaluating commercialisation opportunities Currently over 300,000oz gold at Hermes and Wilgeena deposits Potential for growth through depth and strike extent of existing resources Exciting prospect at Central Bore with high-grade gold
Slide 15: Hermes & Wilgeena – Gold resources update
Hermes & Wilgeena – Gold resources update Acquired from Troy Resources in 2008 with 131,000oz gold Indicated resource 230% increase in resources Indicated resources* now total over 300,000oz at Hermes and Wilgeena Enhanced value of project Improved geological understanding and confidence in grade co
Slide 16: Strong potential for growth in resources
Strong potential for growth in resources Wilgeena Gold Deposit Continuity of mineralisation confirmed Open at depth Significant recent intercepts: 12m @ 5.99 g/t gold from 81m 21m @ 2.27 g/t gold from 80m Hermes Gold Deposit Open at depth, <3% of holes >125m vd Recent drilling confirms grade and wid
Slide 17: Hermes & Wilgeena – opportunity
Hermes & Wilgeena – opportunity Metallurgical test-work on oxide core material indicates amenable to treatment in conventional crush, grind and CIL plant Good recoveries across all size fractions High proportion of gold contained in coarse fraction Large percentage (40-60%) of free gold recoverable
Slide 18: Bryah Basin – excellent growth potential
Bryah Basin – excellent growth potential Central Bore Gold Prospect Continuity of mineralisation confirmed Remains open along strike and at depth Potential for additional stacked zones Significant recent intercepts 4m @ 25.79 g/t gold from 125m 14m @ 3.26 g/t gold from 44m Further drilling scheduled
Slide 19: Strategy to creating shareholder wealth
Strategy to creating shareholder wealth September 2012 Q Acquisition & interpretation of ground geophysics surveys Complete geochemistry programs and plan drilling Re-estimate gold resources at Hermes and Wilgeena deposits December 2012 Q • Drill testing geochemical targets - underway • Ground
Slide 20: Capitalising on a golden opportunity
Capitalising on a golden opportunity Focus on discovering DeGrussa-style Cu-Au Dominant footprint in Bryah Basin • Emerging mineral province, highly prospective for copper and gold • Exploration spend by others in the region poorly directed • Deep weathering, sparse outcrop, geology poorly understoo
Slide 21: Discovering wealth in the heart of the rich Bryah Basin, WA
ASX: ALY Discovering wealth in the heart of the rich Bryah Basin, WA Investor Presentation November 2012
Alchemy Resources — Investor Presentation (November 2012) on 6ix