Akora Resources Ltd. · ASX:AKO
Akora Resources — Investor Presentation (January 2022)
14 slides from Akora Resources's investor presentation, Jan 18, 2022
Slide 1: Bekisopa Project DSO and High Grade Iron Ore Investor Presentation
AKORA Drilling For personal use only Bekisopa Nov 2021 Resources Bekisopa Project DSO and High Grade Iron Ore Investor Presentation ASX: AKO January 2022
Slide 2: Disclaimer: Forward Looking and Competent Person Statement
Disclaimer Forward Looking and Competent Person Statement For personal use only This corporate presentation contains forward looking statements which constitute “forward looking information” within the meaning of securities legislation and “Forward Looking Statements”. • All statements included here
Slide 3: Akora Resources – Madagascan High-Grade Iron Ore
AKORA Resources – Madagascan High-Grade Iron Ore For personal use only Future Outcrop – 66.7% iron ore Projects Tratramarina High-Grade Outcrop Ambodilafa and Surface Iron Bekisopa formations Toliara Low-cost DSO start to operations Trench 36 – South, BEKD17 2.2m at 66.1%Fe 3
Slide 4: Bekisopa drilling campaigns
Tenement Bekisopa drilling campaigns 3757 2.5 by 2.5 km2 For personal use only ➢ Completed 63 drill holes, totaling 6,200m drilled Tenement ➢ Confirms iron mineralisation continues; 10430 ➢ below high-grade outcrop 5 by 5 kms ➢ at depth 250m downhole, dipping to the west ➢ along 6-kilometer strike ➢
Slide 5: Bekisopa – Central Zone
Bekisopa – Central Zone Tenement 3757 2.5 by 2.5 kms For personal use only Tenement 10430 5 by 5 kms ➢ Completed 12 drill holes ➢ 903.3m shallow drilling ➢ Central Zone iron mineralisation; ➢ at depth 100m downhole ➢ 4 holes ended in iron mineralisation ➢ across strike widths +300m Central ➢ true th
Slide 6: Bekisopa Central Zone Cross Sections
Bekisopa Central Zone Cross Sections For personal use only • High-Grade near surface assays - potentially DSO • BEKD39 5.8m @ 60.4%Fe, BEKD41 4.98m @59.3%Fe, BEKD4 10m @57.1%Fe, • Iron formation gently dipping to the west and open at depth • Holes BEKD3,4 & 40 ended in iron mineralisation at ~100m d
Slide 7: BEKD04 wLIMS product grade – 66.1% Iron
Central Zone – BEKD04 wLIMS product grade – 66.1% Iron Composite 1 – Surface to 5.5m • Conducted wLIMS trials on composites from surface to 38.1 m downhole, on For personal use only Weathered Massive Iron BEKD04, to confirm upgradability of the iron mineralisation across this Central Zone • These co
Slide 8: BEKD04 Davis Tube Tests product grade – 70.2% Iron
Central Zone – BEKD04 Davis Tube Tests product grade – 70.2% Iron Composite 1 – Surface to 5.5m • Conducted Davis Tube Tests (DTT) on BEKD04 from surface to 38.1m downhole to For personal use only Weathered Massive Iron understand the potential upgradability of the central zone iron mineralisation •
Slide 9: High-grade at surface and at depth
Central Zone – High-grade at surface and at depth For personal use only BEKD04 wLIMS – 2mm crush BEKD04 DTT – 75-microns 66.1%Fe 70.2%Fe Assay Assay Magnetic DTT results: Susceptibility 70.2%Fe 69.2%Fe • wLIMS and DTT product grades correlate very well with drill core magnetic susceptibility measure
Slide 10: BEKD04 – Iron Grades increase from drill core to wLIMS to DTT
BEKD04 – Iron Grades increase from drill core to wLIMS to DTT Iron Head Grade Increase by wLIMS and DTT For personal use only • Iron grades improve dramatically after a Potential 2mm crush or at 75-micron sizing using 70 DSO magnetic separation 60 Surface • Impurity levels also reduce significantly
Slide 11: Now anticipating Iron Products from Bekisopa
Now anticipating 5 Iron Products from Bekisopa BEKD31 BEKD09 BEKD01 For personal use only 68%Fe 58%Fe 47%Fe 69% 60% 45% 1 2 3 4 69% 59% 53% 69% 51% 42% Outcrop VHG Surface Zone HG Surface Zone At Depth HG DSO HG DSO +65% Lump and Fines +65%Fe VHG Fe Fines +62% Hematite ~66%, Magnetite ~68% Lump and
Slide 12: Potential 5th Product – Direct Reduced Iron (DRI) Feed for Green Steel
Potential 5th Product – Direct Reduced Iron (DRI) Feed for Green Steel For personal use only Steel industry decarbonisation or Green Steel production from natural gas or via hydrogen requires a very high grade extremely low impurity iron ore product*. Bekisopa Central Zone - DTT Grade (%Fe) V Head G
Slide 13: Bekisopa Significant Iron Formation
Bekisopa Central Zone – Significant Iron Formation For personal use only Iron mineralisation ✓ Open at depth, +100m downhole, and gently dipping to the west ✓ Confirmed over 1,800m of the main strike length ✓ Identified across strike width of +300m ✓ Demonstrated true widths of 70 to 100m down dip ✓
Slide 14: Bekisopa High Grade Products
Bekisopa Central Zone – High Grade Products Iron Ore Product Grades For personal use only Iron Ore Price ✓ 60.1%Fe at surface – potential DSO Jan 58% 62% 65% 68 to 70% 2022 Fe Fe Fe Fe DRI ✓ 66.1%Fe very high grade after magnetic separation at USD 78 125 148 ?? 2mm crush size, ✓ low impurities 3.2%S
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