Alligator Energy Ltd · ASX:AGE
Alligator Energy — Corporate Update (April 2018)
25 slides from Alligator Energy's corporate update, May 1, 2018
Slide 1: Project Update and Next Steps
For personal use only Project Update and Next Steps 30th April 2018
Slide 2: Disclaimer & Competent Person's Statement
2 Disclaimer & Competent Person’s Statement For personal use only Disclaimer This presentation contains projections and forward looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based o
Slide 3: Alligator Energy Ltd - Overview
3 Alligator Energy Ltd - Overview Focused on the discovery of large economic high grade energy related metal For personal use only deposits (Uranium, Nickel, Cobalt) with clear pathways for approval and development. AGE have developed and implemented specific IP for identifying potential uranium occ
Slide 4: Rationale
4 Rationale Broad based experienced Board For personal use only with members having experience in nickel exploration, development and operations including both laterite and sulphide projects, as well as all levels of uranium exploration and operations Local technical and operational expertise in Ita
Slide 5: Alligator Energy Ltd
5 Alligator Energy Ltd Corporate: For personal use only - ASX Listed Company - 573.3 M Listed Shares (AGE) on Issue - 83.5M 2.1c Listed Options (AGEO) - Expiry 27 December 2019 - 6.2 M Unlisted Options (at 12 April 2018) - Market Cap of ~A$4.6M Directors: - John Main - Greg Hall - Peter McIntyre - A
Slide 6: Alligator Rivers – Northern Territory (U)
6 Alligator Rivers – Northern Territory (U) For personal use only Drill ready high quality uranium target and significant land holding in world class uranium province
Slide 7: Alligator Rivers Uranium Province (ARUP)
7 Alligator Rivers Uranium Province (ARUP) • Focused on the discovery of large (>100Mlb), For personal use only high grade (>3000ppm U3O8) uranium deposits with clear pathways for approval and development. • Developed specific IP using innovative techniques for pre-drilling exploration under sandsto
Slide 8: Alligator Rivers Vs Athabasca
8 Alligator Rivers Vs Athabasca AGE developed this model during 2012 – the For personal use only largest deposits are under cover
Slide 9: Discovering Undercover Deposits
Discovering Undercover Deposits For personal use only • SAM used in conjunction with decay isotope sampling to highlight coincident surface anomalies with basement conductors. • Radon decay products (eg Pb isotopes) are a geochemical proxy for uranium. • Unique SAM setup with electrodes located into
Slide 10: Alligator Rivers under cover potential
Alligator Rivers under cover potential 10 Ranger ore orebodies occur at surface – unknown how much of them has eroded over millions of years prior to their discovery. For personal use only The main globally significant unconformity uranium deposits are in the Athabasca and Alligator Rivers regions.
Slide 11: Beatrice and TCC Project Overview
11 Beatrice and TCC Project Overview ARUP is the only region For personal use only delivering high grade uranium in Australia Best drilling intersects from various prospects within currently granted AGE tenements
Slide 12: TCC4 – A Drill Ready Target
▪ Preferred Cahill 12 basement – similar to TCC4 – A Drill Ready Target Ranger For personal use only ▪ Coincident SAM and Pathfinder responses – AGE under cover IP. ▪ Graphite schists interpreted at U/C contact from 2014 drilling – similar to Ranger ▪ Large fault structures ▪ Nearby high grade U3O8
Slide 13: BT12 – Extensive Pathfinder Target
13 BT12 – Extensive Pathfinder Target ▪ Evidence of Preferred For personal use only Cahill stratigraphy ▪ Strong Geochemical Pathfinder response ▪ Large fault structures ▪ Nearby U3O8 mineralisation ▪ High radionuclide elements (pathfinders) within ground waters ▪ Evaluating next step; Beatrice tene
Slide 14: Nabarlek North (Application)
Nabarlek North (Application) 14 ▪ Preferred Cahill basement For personal use only historically identified in SW. ▪ Historic Nabarlek mine < 7km to South with historic production of 24Mlb at 1.84% U3O8. ▪ U40 prospect located on tenement boundary with reported 6.8m @ 6.71% U3O8. ▪ Fertile fault struc
Slide 15: Uranium Outlook
15 Uranium Outlook ▪ The Sept 2017 market report from the World Nuclear Association showed nuclear power For personal use only generation globally had increased to a level above that at the time of the 2011 Japanese tsunami. This has been mainly through new nuclear plant construction in China, India
Slide 16: Piedmont Project – Northern Italy (Co, Ni, Cu)
16 Piedmont Project – Northern Italy (Co, Ni, Cu) For personal use only Outstanding geophysical anomalies with no modern follow up exploration within a historic mining district
Slide 17: Why Piedmont?
17 Why Piedmont? • Historic mining district with cobalt, nickel For personal use only and copper mining taking place from the late 1800’s to the end of WWII • Virtually no modern exploration • Recent EM survey highlights standout target proximal to historic workings, completely untested. • Multiple
Slide 18: 2015 Piedmont EM Survey
18 2015 Piedmont EM Survey • High level processing of electromagnetic For personal use only data flown in 2015 produced 14 anomalies that require further processing and investigation. • Detailed modelling commissioned by AGE of the Alpe Laghetto survey produced an outstanding EM response that AGE co
Slide 19: Primary Target - Alpe Laghetto
19 Primary Target - Alpe Laghetto For personal use only Mine Entrance at Alpe Laghetto Gossan at Alpe Laghetto Modelled EM plates with respect to late-time (Ch35) Z-component data (linear colour stretch) Photos from Nyota Minerals
Slide 20: Piedmont Region Historic Indicative Initial Mine Grades
20 Piedmont Region Historic Indicative Initial Mine Grades For personal use only Historic mine grade Mine Ni (%) Cu (%) Co (%) estimates demonstrate the Campello Monti 1.54 0.31 ? presence of Ni, Cu & Co project area La Balma 0.9 0.17 0.15 mineralisation within the Within Alpe Laghetto 1.5 ? 0.3 dis
Slide 21: AGE Piedmont Project Timeline
AGE Piedmont Project Timeline 14/05/2018 For personal use only Meeting with Italian mines department 28/05/2018 10/05/2018 Sampling & Phase 1 mapping complete 01/02/2018 Commence on ground Announcement of exploration 18/06/2018 Piedmont farm-in Drill Testing Geophysics commencing 08/03/2018 25/06/20
Slide 22: Secondary Targets
22 Secondary Targets For personal use only Castelo di Gavala Licence (Co, Ni, Cu) • Two main electromagnetic anomalies that require further modelling and interpretation • Location of 2 old mine sites (Castello di Gavala and Bec d’Ovega) that require investigation Gula (within Alpe Laghetto licence)
Slide 23: Work Program and Proposed Budget – Piedmont Project
23 Work Program and Proposed Budget – Piedmont Project For personal use only Phase 1 ($250,000 – $280,000): Ground reconnaissance, geochemical survey and mapping of Alpe Laghetto primary EM target Ground EM or IP survey at Alpe Laghetto to refine drill target potential – if required Siting of initia
Slide 24: Alligator Energy Ltd – Piedmont Deal
24 Alligator Energy Ltd – Piedmont Deal Binding Heads of Agreement with Chris Reindler controlled entities (CRP). For personal use only AGE paid CRP $45,000 worth of AGE shares to be held in escrow for at least six months (50%) and twelve months (50%); Phase 1 - AGE commits to solely fund and manage
Slide 25: Contact Us
Contact Us For personal use only Greg Hall – CEO Mike Meintjes – Company Secretary +61 7 3852-4712 mm@alligatorenergy.com.au www.alligatorenergy.com.au