Alvo Minerals Limited · ASX:ALV
Alvo Minerals — PDAC Conference 2023
17 slides from Alvo Minerals's conference presentation, Mar 6, 2023
Slide 1: Palma Cu & Zn VMS Project
Palma Cu & Zn VMS Project PDAC Conference March 2023
Slide 2: Disclaimer
Disclaimer This presentation: This presentation has been prepared to provide general information and does not contain all information about Alvo Minerals Limited (ACN 637 802 496) (Alvo or the Company), its assets and liabilities, financial position and performance, profits and losses or prospects.
Slide 3: Investment Summary
Investment Summary Active Exploration Palma Project is a high-grade, Diamond and Auger drilling operating, Cu-Zn rich VMS district scale EM & IP geophysical surveys ongoing, opportunity in Brazil regional geochemistry, mapping JORC MRE of VMS targets occur in clusters - Alvo has 4.6Mt @ 1.0% Cu, 3.9
Slide 4: Corporate Overview
Corporate Overview Low Shares On Issue Board and Management 72.8 Exploration success can materially Alvo’s board has significant minerals exploration and million impact share price mining experience in Brazil and around the world. Graeme Slattery Experienced team in Brazil to manage Strong Cash Bala
Slide 5: Infrastructure & Location: Palma VMS Project
Infrastructure & Location: Palma VMS Project Strong community and political support Centaurus (Ni) Access to multiple hydroelectricity options Serra Verde (REE) Multiple rail options accessing ports and smelters Sealed roads to project ASX:ALV 5
Slide 6: The Palma Project
The Palma Project • Palma VMS district- 5 High-Grade, shallow mineralised prospects- JORC resources on only 2 • VMS typically occur in clusters - only the outcropping prospects drilled historically • Discovered in 1970’s, the District has been largely idle for ~30 years - Alvo is the first to apply
Slide 7: Palma: A new VMS camp
Palma: A new VMS camp • Volcanogenic Massive Sulphide (VMS) deposits occur in clusters that define MAJOR 60 km mining camps • VMS are important global sources of Cu, Zn, Pb, Ag and Au • Palma has the right rocks to become a new VMS camp – new discoveries via Geophysics, Geochem + Drilling to confirm
Slide 8: C3: High grade Copper and Zinc - Mini Cluster
C3: High grade Copper and Zinc - Mini Cluster C3 JORC 2012 MRE of 2.8Mt @ 1.1% Cu, 4.3% Urubu Prospect Zn, 0.2% Pb & 23g/t Ag FLEM. IP & soils – based on historic drilling only New Alvo drilling - multiple high-grade intercepts drilled will grow the resource C3 • PD3-001: 25.0m @ 6.3% CuEq or 15.34%
Slide 9: C3 Prospect: Thick and High-Grades; Open Down Plunge
C3 Prospect: Thick and High-Grades; Open Down Plunge ASX:ALV 9
Slide 10: C1 Prospect: Diamond Drilling
C1 Prospect: Diamond Drilling • C1 is mineralised over 1.2km of strike - open at depth and along strike • Phase one diamond drilling intercepted significant polymetallic massive/semi-massive and disseminated sulphides o PD1-019: 21.8m @ 4.8% CuEq^ or 11.72% ZnEq from 142m Inc. 8.0m @ 7.7% CuEq or 18
Slide 11: Palma Exploration
Palma Exploration Resource Definition C1, C3 C4, C5, Pelicano TG01, TG02.. TG07 VTEM (15 Priority) & 60km of Soils ASX:ALV 11
Slide 12: Exploration
TG-01 Exploration URUBU N TG-01 N POMBO URUBU POMBO Multi-Discipline, Multi-Target PELICANO MAFICO TG-08 MAFICO EMA TG-08 C3 PELICANO EMA C3 TG-07 TG-07 IP Stations Soil Samples Collected Soil Program Resource VTEM Priority Targets Definition C5 FLEM Loops C1, C3 C5 C4, C5, Pelicano TG-11 TG-11 TG01
Slide 13: C5: Exploration
C5: Exploration N C5 exploration is one of multiple prospects Soil Samples Collected and is presented as an example Soil Program Cu 1st order • CPRM completed soils and a single Cu 2nd order (mineralised) drillhole (not located) Pb 1st order Pb 2nd order • 3 coincident elongated Cu/Zn/Pb Zn 1st orde
Slide 14: Regional Auger Drilling - Expanding our Footprint
Regional Auger Drilling- N Expanding our Footprint TG01 Auger drilling on extensive road network to simplify C3 access and cover the region TG07 >120 holes completed to date (~1,200m) -Priority 1 will take ~ 2months C5 Palma VMS Sequence Cu/Zn C1 TG04 TG06 TG05 70km TG03 C4 TG02 Cana Brava Layered I
Slide 15: Palma Project – Next Steps
Palma Project – Next Steps Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 C3 PROSPECT Extensional (phase 2) diamond drilling DHEM surveys on phase 1 & 2 drill holes C1 PROSPECT Extensional (phase 2) diamond drilling DHEM surveys on phase 1 & 2 drill holes REGIONAL EXPLORATION FLEM and IP to refine discovery targets
Slide 16: Investment Summary
Investment Summary Active Exploration Palma Project is a high-grade, Diamond and Auger drilling operating, Cu-Zn rich VMS district scale EM & IP geophysical surveys ongoing, opportunity in Brazil regional geochemistry, mapping JORC MRE of VMS targets occur in clusters - Alvo has 4.6Mt @ 1.0% Cu, 3.9
Slide 17: Thank you
Thank you Rob Smakman Managing Director VMS +61 491 260 374 BRAZIL rob@alvo.com.au www.alvo.com.au ASX: ALV