Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (May 2018)
20 slides from Alchemy Resources's investor presentation, May 2018
Slide 1: Investor Presentation May 2018
Investor Presentation May 2018
Slide 2: Building a diversified metals business
Building a diversified metals business Our aim is to discover and develop nickel-cobalt, base metal and/or gold deposits through systematic, targeted exploration: West Lynn Project (NSW) – Significant Ni-Co Exploration Target (100km2) Cobar Basin (NSW) – High-Grade Au and Base Metal Targets (674km2)
Slide 3: Corporate Overview
Corporate Overview Capital Structure Karonie Aircore Karonie RAB West Lynn Listed on ASX November 2007 Completion Commencement Ni-Co Option Karonie Results Shares on Issue (10 May 2018) 352.3m Karonie Aircore LD share Commences purchases Options - unlisted 29.5m Buy Opportunity Share Price (10 May 2
Slide 4: NSW Ni-Co: West Lynn and Woodsreef Projects (381km2)
NSW Ni-Co: West Lynn and Woodsreef Projects (381km2) • World-class Ni-Co-Sc endowed mafic belt • West Lynn and Woodsreef Ni-Co Projects added into the existing Heron Resources Ltd (ASX: HRR) Farm-In Agreement • Farm-In Agreement enables Alchemy to earn up to an 80% interest in the licences by initia
Slide 5: Market Cap Comparison & West Lynn Activity Timeline
Market Cap Comparison & West Lynn Activity Timeline • West Lynn Project value not yet recognised Activity Timeline & Newsflow 2018 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Pulp Submission Pulp Assays Resource Drilling Drilling Assays JORC 2012 Resource Report Extension drill
Slide 6: West Lynn Ni-Co Project (100km2)
West Lynn Ni-Co Project (100km2) • 6km from Nyngan railway line linked to Sydney & Newcastle • 13km from Nyngan township (power & labour) • 11km from Scandium International Mining (TSX: SCY - MCap. $52M) Nyngan Sc Project (May 2016 positive NI43-101 Feasibility – 17Mt @ 235ppm Sc) • Geology, mineral
Slide 7: West Lynn / Summervale Prospects – Ni-Co Exploration Potential
West Lynn / Summervale Prospects – Ni-Co Exploration Potential • West Lynn Prospect shallow high grade historic intercepts including: Summervale 19m @ 1.21% Ni, 0.10% Co from 36m 1) 16m @ 0.98% Ni, 0.07% from 37m 1) 10m @ 0.78% Ni, 0.11% Co from 15m 2) • Summervale Prospect shallow high grade histor
Slide 8: West Lynn / Summervale Prospects – X-sections and planned resource drilling
West Lynn / Summervale Prospects – X-sections and planned resource drilling X-Section 1 X-Section 2 • Phase 1 resource drilling 8
Slide 9: NSW Cobar Basin / Lachlan Projects (674km2)
NSW Cobar Basin / Lachlan Projects (674km2) – Epithermal, VMS, Porphyry Cu-Au Targets • 378km2 in metal-rich Cobar Basin; pre-mining metal inventory of: >6.4 Moz Au >2.2 Mt Cu >4.0 Mt Zn >3.0 Mt Pb >200 Moz Ag (Ref. Aurelia Metals Ltd ASX announcement dated 26 Sept 2012) • Overflow and Yellow Mounta
Slide 10: Hera / Cobar Style Deposits: Polymetallic, small surface area, long legs
Hera / Cobar Style Deposits: Polymetallic, small surface area, long legs Hera / Cobar-style Attribute Overflow • Overflow is a Hera style target representing the upper portions of a • Polymetallic (Ag-Au-Cu-Pb-Zn) ‘Cobar style’ deposit; typified by lead-zinc enriched upper sections • Proximity to
Slide 11: Overflow Prospect
Overflow OverflowVTEM VTEMConductivity ConductivityTarget Target: :Proposed ProposedMLEM MLEM&&Diamond DiamondHole Hole Execution of Native Title Access Agreement imminent 3m @ 7.3g/t Au, 43g/t Ag, 4.6% Zn, 4.6% Pb from 286m 18m @ 2.1g/t Au, 111g/t Ag, 1.1% Zn from 245m Crown Land Overflow Prospect
Slide 12: Western Australia: Karonie Project
Western WesternAustralia: Australia:Karonie KaronieProject Project • 782km2 of highly prospective exploration licences • Quality geological setting – greenstones containing large scale structures (Keith Kilkenny and Claypan Shear) and mineralised secondary structures, proximal to “internal” granites
Slide 13: Karonie Project - Drill Targets
Karonie KaronieProject Project- Drill - DrillTargets Targets Maximum DH Gold in Historic Drilling • Esplanade (southern extension of French Kiss 137Koz @ 1.8g/t Au) • Parmelia (southern extension of Harry’s Hill 137Koz @ 1.8g/t Au) • Claypan Shear Zone (38km long, untested, no effective geochem or d
Slide 14: Karonie Project – Karonie and Claypan Shear Drill Targets
Karonie KaronieProject Project- Karonie and – Karonie Claypan and Shear Claypan Drill Shear Targets Drill Targets • Anomalous gold results returned from Dragon and Manhattan on the Claypan Shear Zone, coinciding with quartz veined, silica-carbonate- pyrite altered, sheared dolerite. Further regional
Slide 15: Bryah Basin Project (527km2) – IGO and Superior Gold Farm-In Agreements
Bryah BryahBasin BasinProject Project(527km (527km 2)2-) IGO – IGO and and Superior Superior Gold Gold Farm-In Farm-in’s Agreements • Independence Group NL (ASX: IGO) earning a 70-80% interest by spending $6M within 5 years (commencing 29 Oct 2014). Remaining spend = $2.2M over 2.5 years • Superior
Slide 16: Bryah Basin Project - Superior Gold Joint Venture
Bryah BryahBasin BasinProject Project- Superior - Superior Gold Gold Joint Joint Venture Venture • Sampling of historic diamond hole at Hermes South (Wilgeena) Prospect returned 9m @ 9.3g/t Au from 136.2m • Resource modelling and JORC 2012 update of the existing Wilgeena JORC 2004 Indicated Resource
Slide 17: Summary
Summary Value of projects not recognised in Alchemy’s share price; West Lynn Ni-Co (Al + Sc) Exploration Target with significant expansion potential close to rail and potential Sc processing plant Overflow Project – host to a potential “company maker” deposit? Karonie Project prospective for shallow
Slide 18: Appendix 1: Cobalt Supply, Demand and Price
Appendix 1: Cobalt Supply, Demand and Price Cobalt Demand Global Mined Cobalt by Country - 2016 5 Year Cobalt Price (US$/t) Source: Canaccord Genuity If the DRC turmoil continues, and/or China continues to absorb global cobalt supplies, then prices should remain Annual Global Light Vehicle Sales For
Slide 19: Karonie Project – Southern Prospects
Karonie KaronieProject Project–-Southern SouthernProspects Prospects Esplanade historic drill intercepts include: 9m @ 3.0g/t Au from 61m (LPAC083) 8m @ 3.4g/t Au from 38m (LPAC035) 5m @ 2.9g/t Au from 101m (LPRC5) Batavia historic drill intercepts include: 3m @ 14.6g/t Au from 121m (ISRC1001) 8m @
Slide 20: Disclaimer and Competent Person’s Statement
Disclaimer and Competent Person’s Statement 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 pur