Asiamet Resources Limited · LSE:ARS
Asiamet Resources — Investor Presentation (December 2022)
28 slides from Asiamet Resources's investor presentation, December 2022
Slide 1: Copper to Power Asia's Energy Transition
AIM : ARS COPPER TO POWER ASIA’S ENERGY TRANSITION Perfectly Timed for the Energy Transition DECEMBER 2022
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT The information contained in this confidential document (the “Presentation”) has been This presentation contains “forward-looking statements” including but not limited prepared by Asiamet Resources Limited (the “Company” or "Asiamet") solely for to, statements with respect
Slide 3: Company Overview
COMPANY OVERVIEW Quality Assets with the right metals at the right time HIGH QUALITY COMPELLING VALUE PROVEN TEAM PORTFOLIO BIG GROWTH Rare portfolio of base and JORC (2012) Resources Internationally recognised precious metal projects with contain 2.9Mt Cu, 2.1Moz team with proven track district sca
Slide 4: Corporate Profile
CORPORATE PROFILE Future facing metals SHARE PRICE MARKET CAPITALISATION CASH Path to first production £26.79m US$5.2m Indonesia – right place, 1.23p $32.4m Million right time Strong local partners 12-month high/low in 2,187.1 million shares on issue No Corporate Debt share price 3.4-0.85 Cash (at t
Slide 5: Copper in the Global Context
COPPER IN THE GLOBAL CONTEXT A growing mismatch between demand and supply 40 Mined supply is forecast to peak in Net zero emissions targets 2024, with sustained deficits to follow Transition to Low Carbon Energy is copper intensive 30 beyond 2026 20 10 - 1992 2002 2012 2022 2032 Base Case Production
Slide 6: Indonesia: Attracting the world's leading EV players
INDONESIA Attracting the world’s leading EV players “ Indonesia is a leading EV Metals hub and has attracted large industry players to make investments in the sector. “Over >US$30bn of investment in the battery metal sector” 9 8 8 7 6 5 6 EV in US$bn 5 4 3.5 3 2.5 2.1 2 1.1 1 0.7 0 QIIB Hyundai Huay
Slide 7: Indonesia: Burgeoning Powerhouse in Battery Metals
INDONESIA Burgeoning Powerhouse in Battery Metals PwC predicts Indonesia to have the World’s 4th largest economy by 2050 Bali, November 2022 Population of 276.4 million – enormous President Biden and Jokowi Unveil a $20 Billion human capital Deal to End Coal in Indonesia Largest climate transaction
Slide 8: Management Team
MANAGEMENT TEAM Experienced team with proven track record Tony Manini Leonard Aurlianus Executive Chairman Chief Financial Officer Geologist, 30+ years, Rio Tinto, Oxiana/OZ Finance 19+ years, PT Baramutiara, PT Servo Meda Minerals, Tigers Realm, EMR Capital. Sejahtera, Brahma Capital, PT Pinang Coa
Slide 9: Projects Overview
PROJECTS OVERVIEW KSK Contract of Work (100%) 30yr + 2*10yr Extensions Resources (JORC 2012) Copper – 473kt Zinc – 101kt Lead – 40kt Beutong IUP (80%) Gold – 21.8k Oz 20yr + 2*10yr Silver 3.31M oz Extensions Resources (JORC 2012) Road Access to Beutong Deposit Road Access to BKM Copper Project Coppe
Slide 10: BKM – Resources with Strong Growth Potential
KALIMANTAN KSK COW BKM – Resources with Strong Growth Potential Measured Mineral Resources Cut-off Cu % Mt Cu Grade % Copper Kt 0.2 20.6 0.7 148.5 0.5 14.9 0.8 124.9 0.7 8.6 1.0 87.6 Indicated Mineral Resources Cut-off Cu % Mt Cu Grade % Copper Kt 0.2 34.1 0.6 212.6 0.5 21.4 0.8 161.3 0.7 9.5 1.0 90
Slide 11: BKM Feasibility Study (2022)
BKM FEASIBILITY STUDY (2022) Optimise Production & Cashflow with Growth Potential Project Physical Unit 2022 FS Update Heap-Leach SXEW Project mine life Ore Mined Mt 38.4 9 years Waste Mined Mt 52.5 Cathode production occurs over Total Material Mined Mt 90.9 10 years Strip Ratio # 1.37 LOM Strip Rat
Slide 12: BKM Feasibility Study (2022)
BKM FEASIBILITY STUDY (2022) Optimise Production & Cashflow with Growth Potential Updated Site Layout showing Optimised Open Pit, Waste Rock Dump and Heap Leach Facility. Overall site footprint reduced significantly. Consolidating area of operations. Red Outline represents operational permit area. T
Slide 13: The Path Forward — BKM Copper Project
The Path Forward — BKM Copper Project Indicative timeline outlines key activities the Company is working towards to bring the BKM copper project through to completion. Feasibility Study Project Permitting Construction Feasibility Reporting Financing Construction Study Update Construction Commissioni
Slide 14: BKZ Resource Growth Potential / Project Optionality
KALIMANTAN KSK COW BKZ Resource Growth Potential / Project Optionality BKZ Mineral Resource Estimate – May 2022 BKZ 2021/22 7,100m of resource expansion drilling - Q1, 2022. Upper Polymetallic Zone – Inferred Resource (JORC 2012) ¹ Updated BKZ resources delivered Tonnes Grade Metal May 2022, materia
Slide 15: BKZ Resource Growth Potential - Exploration Targets
KALIMANTAN KSK COW BKZ Resource Growth Potential - Exploration Targets BKM Base Metal and Gold-Silver Exploration Targets – May 2022 BKZ Exploration Targets (JORC 2021) Grade Mineralization Tonnes (kt) Zone Zn (%) Pb (%) Cu (%) Ag (g/t) Au (g/t) Zinc / Lead 250 – 1500 6–9 3-5 Copper 100 – 150 1.0 –
Slide 16: Regional Scale System Underexplored
KALIMANTAN KSK COW Regional Scale System Underexplored Potential for multiple discoveries 15 highly prospective targets identified Copper-rich polymetallic vein systems over 4km² at Far East Zone (FEZ). Approx. 10km² of potential interest at Baroi Central and South Zones FEZ defined by outcropping m
Slide 17: Beutong Copper-Gold Project
BEUTONG COPPER-GOLD PROJECT 17
Slide 18: Beutong Copper-Gold Deposit
BEUTONG COPPER - GOLD DEPOSIT Large, High Quality, Globally Significant Beutong Large Cu-Au Resource Expected to Grow Source Companies Websites Note: Selected based on contained copper (Measured and Indicated, inclusive of Reserves and Inferred Resources) 18
Slide 19: Beutong Project — Exciting Cu-Au Discovery
BEUTONG PROJECT — Exciting Cu-Au Discovery High Quality Deposit with Huge Upside Copper Model Large, high quality porphyry Cu-Au-Mo deposit. Measured + Indicated Resources JORC 2012(100%) 1.2BIbs Cu, 0.4Moz Au, 5.7Moz Ag, 20Mlbs Mo * Inferred Resources JORC 2012 (100%) 500mts depth --------- 4.1BIbs
Slide 20: Beutong Project — Infrastructure Advantage
BEUTONG PROJECT — Infrastructure Advantage Road, Power, Port Infrastructure in close proximity Project is well located - within easy access to north- east of the township of Meulaboh, Aceh Access to project site is via partially sealed roads from the regional towns of Meulaboh and Takengon Meulaboh
Slide 21: ESG Strategy Framework
ESG STRATEGY FRAMEWORK Asiamet / KSK ESG Development Strategy Securing long-term value for our stakeholders through our Our Vision sustainable business and responsible mining operations. Empowering People Protecting the Planet Creating Prosperity, the Right Way Strategy Upholding our Pillars Empower
Slide 22: Social Capital
SOCIAL CAPITAL Asiamet / KSK & YTS Community Engagement Model Asiamet/KSK closely involved in community and social development in Central Kalimantan since commencing exploration in 1981. Enormous amount of Social Capital has been built over 40 years – critical to successful development and operation
Slide 23: Social Capital
SOCIAL CAPITAL Asiamet / KSK & YTS Community Engagement Model 750 Students beneficiaries Village development planning KKC Scholarship support on 32 villages Computer training for village Livelihood and entrepreneur government staff on 32 villages training on 5 joint business groups 23
Slide 24: Why Invest in Asiamet Resources?
WHY INVEST IN ASIAMET RESOURCES? QUALITY ASSETS & VALUE PEOPLE Sustained strong copper demand driven by Asian economic growth, renewable energy infrastructure and EV’s Focussed team with a proven track record - Supply is constrained due to a lack of exploration discovery Indonesia, discovery, mine a
Slide 25: Contact Information
CONTACT AIM | ARS INFORMATION Darryn McClelland Chief Executive Officer E: darryn.mcclelland@asiametresources.com W: www.asiametresources.com 25
Slide 26: Appendices
the ASIAMET RESOURCES APPENDICES
Slide 27: Appendix 1. Beutong Project — Mineral Resource
APPENDIX 1. BEUTONG PROJECT — Mineral Resource Large Cu-Au-Mo deposit with higher grade core from surface Beutong 2019 Resource Estimate - Report at 0.3% Cu Lower Cut Classification Grade Metal Mineralisation Tonnes (Mt) (JORC 2012) Cu (%) Au (ppm) Ag (ppm) Mo (ppm) Cu (Kt) Au (kOz) Ag (kOz) Mo (Kt)
Slide 28: Appendix 2. BKM Copper Project — Process Flow Sheet
APPENDIX 2. KALIMANTAN KSK COW BKM COPPER PROJECT — Process Flow Sheet Conventional Process Design Process Route involves: 1. Crushing & grinding 2. Agglomeration 3. Heap-leach 4. Pls pond 5. Solvent Extraction/Electrowinning (SX-EW) 6. Producing Grade A Copper Cathode 28
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