Akora Resources Ltd. · ASX:AKO
Akora Resources — Investor Presentation (February 2022)
14 slides from Akora Resources's investor presentation, Feb 8, 2022
Slide 1: Bekisopa Outcropping Iron Ore Project Investor Presentation
Community Bekisopa Outcropping Iron Ore Project Clean AKORA For personal use only Water Resources Bekisopa Project Fresh Clean Water DSO and High Grade Iron Ore Investor Presentation ASX: AKO February 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 Bekisopa Outcrop – 66.7% iron ore Low-cost Future DSO start Projects to operations focused on Tratramarina Ambodilafa High-Grade Outcrop and Bekisopa Surface Iron mineralisation Toliara HG - Weathered Zone 3 BEKD17 - 2.2m at 66.1
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 300m downdip ➢ along 6-kilometer strike ➢ across strike widths
Slide 5: Bekisopa – Northern Zone
Bekisopa – Northern Zone Tenement 3757 2.5 by 2.5 kms For personal use only BEKD20, 52 & 53 BEKD01, 19, 50 & 51 BEKD23 & 24 ➢ Completed 13 drill holes for 1,239.1m Northern BEKD02, 25, 26 & 27 ➢ 9 drill holes < 73m, 4 averaged 200m, deepest 261m Zone ➢ Northern Zone iron mineralisation; ➢ at depth o
Slide 6: Bekisopa - Northern Zone Cross Sections
Bekisopa - Northern Zone Cross Sections For personal use only 300m Downdip 300m Downdip • High-Grade ~64%Fe near surface assays - potentially DSO • BEKD01 6.9m @ 64.7%Fe, BEKD19 4.6m @ 63.9%Fe, BEKD24 3.9m @ 63.7%Fe, • Iron formation dipping to the west and open at depth • Mineralisation open from s
Slide 7: BEKD01 product grade trials – wLIMS – 62.8% Iron
Northern Zone – BEKD01 product grade trials – wLIMS – 62.8% Iron Composite 1 – Surface to 8.0m • Conducted wLIMS trials on composites from surface to 49m downhole, on BEKD01, to confirm For personal use only Weathered Massive Iron upgradability of the iron mineralisation across this Northern Zone •
Slide 8: BEKD01 product grade trials – DTT – 69.9% Iron
Northern Zone – BEKD01 product grade trials – DTT – 69.9% Iron Composite 1 – Surface to 8.0m • Conducted Davis Tube Tests (DTT) on BEKD01 from surface to 49m downhole to understand the For personal use only Weathered Massive Iron potential upgradability of the northern zone iron mineralisation • DTT
Slide 9: High-grade at surface and at depth in BEKD01
Northern Zone – High-grade at surface and at depth in BEKD01 For personal use only BEKD01 - Head Grade (%Fe) V WLIMS Product (%Fe) BEKD01 - Head Grade (%Fe) V DTT (%Fe) Surface Surface wLIMs 62.8%Fe DTT Average 69.9%Fe grade average grade 49m 70.5m 70.5m -80.00 -60.00 -40.00 -20.00 0.00 20.00 40.00
Slide 10: BEKD01 – Iron Grades increase from head grade to wLIMS to DTT
BEKD01 – Iron Grades increase from head grade to wLIMS to DTT • Iron grades improve dramatically after a For personal use only Iron Head Grade Increases by wLIMS and DTT's %Fe 2mm crush or at 75-micron sizing using 70 Potential DSO magnetic separation 60 50 ~70%Fe DTT Better Than • Impurity levels r
Slide 11: Now anticipating Iron Products from Bekisopa
Now anticipating 5 Iron Products from Bekisopa BEKD09 BEKD01 For personal use only Outcrop and VHG Surface Zone BEKD31 58%Fe 47%Fe 68%Fe 60% 45% 69% 59% 53% 69% 3 51% 42% 4 1 69% 2 Years 10 on - produce Fe fines Years 1 to 10 - produce Surface Zone At Depth HG DSO +65%Fe Lump and Fines +65%Fe Fines
Slide 12: Future 5th Product – Direct Reduced Iron (DRI) Feed for Green Steel
Future 5th Product – Direct Reduced Iron (DRI) Feed for Green Steel Green Steel, decarbonisation plans in the steel industry uses natural gas or hydrogen, requires a very high For personal use only grade, +67%Fe fines to make DRI pellets and extremely low impurity iron ore product*. Bekisopa iron ac
Slide 13: Bekisopa Significant Iron Formation
Bekisopa Northern Zone – Significant Iron Formation For personal use only Iron mineralisation ✓ Open at depth, +300m downdip, and dipping to the west ✓ Confirmed over 1,500m of the main strike length ✓ Identified across strike width of +200m ✓ Demonstrated true widths of 70 to 105m down dip ✓ Part o
Slide 14: Bekisopa High Grade Products
Bekisopa Northern Zone – High Grade Products Iron Ore Product Grades For personal use only Iron Ore Price ✓ 64%Fe at surface – potential DSO End 58% 62% 65% 67 to 70% Jan Fe Fe Fe Fe DRI ✓ 62.8%Fe high grade after magnetic separation 2022 USD 92 145 175 at 2mm crush size, ?? ✓ low impurities 4.3%Sil
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