Alchemy Resources Limited · ASX:ALY
Alchemy Resources — RIU Sydney Resources Round-up 2023
20 slides from Alchemy Resources's conference presentation, May 2023
Slide 1: Corporate Presentation – RIU Sydney Resources Round-up
Corporate Presentation RIU Sydney Resources Round-up May 2023 | ASX:ALY www.alchemyresources.com.au
Slide 2: Disclaimer
DISCLAIMER 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 purport to be all inclusive or compl
Slide 3: Investment Snapshot
Investment Snapshot Advanced Gold, Base and Battery metals in WA and NSW KARONIE, Western Australia (ALY 100%) • Lithium Potential adjacent to existing deposits • Gold inventory of 111koz, near surface BRYAH, Western Australia (ALY 20%) • Exploration: Sandfire Resources (ASX: SFR) • Development: Her
Slide 4: Corporate Overview
Corporate Overview BOARD AND MANAGEMENT CAPITAL STRUCTURE LINDSAY DUDFIELD NON-EXECUTIVE CHAIR Geologist, +40 years experience, Exec Director Jindalee Resources, NED Energy Met SHARES ON ISSUE 1.18b JAMES WILSON CHIEF EXECUTIVE OFFICER Geologist, +20 years experience, formerly analyst for prominent
Slide 5: Western Australia: Gold and Battery Metals Projects
Western Australia: Gold and Battery Metals Projects A STRATEGIC POSITION IN A WELL-ENDOWED PRECIOUS METALS BELT LAKE REBECCA KARONIE – 100% ALY: • 110km east of Kalgoorlie – ~1,150km2 tenement package • No previous exploration for Lithium • 111koz Maiden Gold Resource released in September 20212 LAK
Slide 6: Karonie: Lithium – Lithium and pathfinder anomalism identified
Karonie: Lithium Lithium and pathfinder anomalism identified • Review of soil sampling data highlighted widespread lithium + pathfinder anomalism3 • The majority of the Karonie tenure lies adjacent to the prospective “Goldilocks zone” for LCT bearing pegmatite formation • The Karonie belt has never
Slide 7: Karonie: Lithium – A commanding land position
Karonie: Lithium A commanding land position in proximity to existing lithium and gold deposits • ALY has significant prospective tenure adjacent to Global Lithium’s (ASX: GL1) Manna Deposit • 100% owned tenure sits in proximity to the Cardunia Granite – a potential “fertile parent granite” for LCT M
Slide 8: Karonie: Lithium – Hickory corridor represents bullseye drill targets
Karonie: Lithium Hickory corridor represents “bullseye” drill targets • Detailed infill soils identified multiple anomalies over numerous target zones5 • Gravity surveys effectively mapped the interpreted pegmatite structures over a 5.4km x 1.6km strike extent • RC drilling at the southern end of th
Slide 9: Karonie: Lithium – Recent drilling
Karonie: Lithium Recent drilling • Recent drilling outlined significant zones of pegmatites • Zones of visible spodumene logged6 Hole HYRC006 160m – 166m showing pegmatite intercept containing spodumene crystals 6 Refer to Alchemy ASX announcement dated 13 January 2023 8
Slide 10: Karonie: Lithium – Gravity geophysics mapping under cover
Karonie: Lithium Gravity geophysics was successful in mapping under cover7 • Drill programs outlined Pegmatites under shallow transported cover • No geochemical anomaly and no outcrop • Gravity survey has been completed over the Hickory-Pecan Prospects outlining a significant number of targets along
Slide 11: Lake Rebecca (WA)
Lake Rebecca (WA) LAKE REBECCA - (ALY 100%) • West of ASX: RMS (1.2Moz8) Rebecca Project and 20km North of Breaker Resources (1.7Moz9) • Alchemy remains the largest land-owner in the belt • Lithium/Gold exploration programs • Access agreements completed • Never assessed for lithium potential • Never
Slide 12: Bryah Basin Joint Ventures (ALY 20%)
Bryah Basin Joint Ventures (ALY 20%) 10 Refer to Alchemy ASX announcement dated 24 February 2015 11 Refer to Alchemy ASX announcement dated 8 May 2019 11
Slide 13: New South Wales Projects
New South Wales Projects • NSW Projects in Joint Venture with Develop Global (ASX: DVP)14 • YELLOW MOUNTAIN (High grade Cu-Au) – not drilled since 1986 • OVERFLOW (high grade Au + base metals) – Resource within trucking distance to existing infrastructure (Hera, Mineral Hill) • WEST LYNN – Large, ea
Slide 14: NSW Projects – Yellow Mountain
NSW Projects – Yellow Mountain Mine Prospect Extensive historic workings not drilled since 1986 • Historic drilling intercepts15: • 24m @ 1.12% Cu, 1.19% Pb, 1.02% Zn from surface • 40m @ 0.49g/t Au, 0.34% Cu 29g/t Ag, 1.18% Pb, 1.81% Zn • Surface grab samples of 7.15% Cu, 6.4% Pb16 • Drill testing
Slide 15: NSW Projects – Overflow
NSW Projects – Overflow OVERFLOW • 20km north of Yellow Mountain • Best historic intercepts17 • 6m @ 7.6g/t Au, 3.6% Zn, 1.6% Pb • 10m @ 4.4g/t Au, 3% Zn, 1.3% Pb • Mineralisation traced over 700m strike • Open down plunge • Drill testing planned in CY2023 17 Refer to Alchemy Resources ASX Announcem
Slide 16: NSW Projects – West Lynn
NSW Projects – West Lynn WEST LYNN HPA-Ni-Co • Advanced critical metals • 21.3Mt Ni-Co Resource and 7Mt Alumina Resource18 • Positive metallurgical test-work completed in 201919 • 99.95% HPA Product achieved – requires additional test work to achieve 4N quality • HPA Deposit sits above Ni-Co Resourc
Slide 17: Indicative Exploration Timeline – strong pipeline of news flow
Indicative Exploration Timeline – strong pipeline of news flow* KARONIE (ALY 100%) Q3 2022 Q4 2022 Q1 2023 Q2 2023 Gilmore - Gold Cherry/Hickory RC Drilling Follow-up drilling Aircore and RC drilling Lithium gravity surveys Lithium Regional soils BRYAH BASIN JVs (ALY 20%) Superior Gold JV (Hermes So
Slide 18: Alchemy – Investment Thesis
Alchemy – Investment Thesis Enterprise Value ~$12m highly leveraged to exploration success KARONIE / LAKE REBECCA (WA) LCT Pegmatite identified – gravity completed Soil Sampling underway – results pending 111koz Au Gold Resource adjacent to existing operations, close to infrastructure and milling BR
Slide 19: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table A: Hermes South Joint Venture Indicated and Inferred Mineral Resource Estimate (compliant with the JORC Code 2012 guidelines) Hermes South Tonnes (Mt) Grade (g/t Au) Au (Ounces) Indicated 1.29 1.7 72,000 Inferred 0.95 1.4 42,000 Table D: Karonie Project Inferred R
Slide 20: Enquiries: Contact
ENQUIRIES: CONTACT: JAMES WILSON, CEO E: james@alchemyresources.com.au P: 08 9481-4400 W: alchemyresources.com.au
Alchemy Resources — RIU Sydney Resources Round-up 2023 on 6ix