Alma Metals Limited · ASX:ALM
Alma Metals — Investor Presentation (April 2026)
16 slides from Alma Metals's investor presentation, Apr 2, 2026
Slide 1: Briggs: 2Mt Copper, Central Queensland
For personal use only BRIGGS: 2MT COPPER CENTRAL QUEENSLAND Asia Roadshow - April 2026
Slide 2: Cautionary Statements
Cautionary Statements This presentation has been prepared by Alma Metals Forward Looking Statements based on information compiled by Dr Frazer Tabeart who Limited (“Alma Metals”) to assist in informing interested is a member of The Australian Institute of Geoscientists. This presentation includes ce
Slide 3: Alma Metals Introduction
Alma Metals Introduction ASX-listed Alma Metals is primarily focused on the development of its Briggs Copper Project in Queensland, For personal use only Australia: Briggs Copper JV (Alma 51%) : earning to 70% interest in a porphyry Cu-Mo project containing 2Mt Cu metal. Queensland’s largest und
Slide 4: ALM: Corporate Snapshot
ALM: Corporate Snapshot Alasdair Cooke Executive Chairman SHARES ON ISSUE: 2.23B Geologist and founding director, 35 years in mining For personal use only Current Director Caravel Minerals, African Energy, formerly BHP Minerals, Exco OPTIONS (Strike price from 1.5-1.7c) 57M Resources. MARKET CAPITAL
Slide 5: Overview of the Briggs Copper Deposit
Overview of the Briggs Copper Deposit LARGE-SCALE PORPHYRY COPPER DEPOSIT UNDER EVALUATION FOR POTENTIAL DEVELOPMENT: For personal use only Briggs is the largest undeveloped copper project in Queensland and contains 2Mt copper. Within an extensive belt of gold and copper mineralisation between
Slide 6: Scale: 2Mt Copper Metal in 2025 Mineral Resource Estimate
SCALE: 2Mt Copper Metal in 2025 Mineral Resource Estimate ROBUST MINERAL RESOURCE ESTIMATE (MRE): Northern Porphyry For personal use only Very large MRE hosting 2Mt copper metal in inferred and indicated resources at 0.15% Cu cut-off grade (see table below). Conceptual Deposit has simple geome
Slide 7: Economies of Scale via Deposit Geometry and Outcropping Nature
ECONOMIES OF SCALE via Deposit Geometry and Outcropping Nature Continuous outcrop along entire 2.2km strike length of the deposit, coupled with simple geometry allows for efficient large-scale mining. For personal use only Coupled with highly efficient mineral processing this may provide the opp
Slide 8: Simplicity: Conventional Processing Flowsheet to Unlock Value at Briggs
SIMPLICITY: Conventional Processing Flowsheet to Unlock Value at Briggs Locked-Cycle Flotation tests (April 2025) at For personal use only coarse grind sizes delivered excellent results: 94-95% copper recovery. Concentrate grades 23-29% Cu. No penalty elements of concern. Coarse primary gr
Slide 9: Location, Location, Location
Location, Location, Location Briggs Cu-Mo Deposit GOOD INFRASTRUCTURE REDUCES CAPITAL COSTS For personal use only 60km from deep-water port (Gladstone). Multiple high-voltage power lines within 10-15km. Heavy haulage railway currently used for coal exports. Calliope Multiple gas pipelines.
Slide 10: Upside: MRE Expansion and Process Flowsheet Optimisation
UPSIDE: MRE Expansion and Process Flowsheet Optimisation RESOURCE UPSIDE: For personal use only Excellent correlation of surface geochemistry and copper grade in top 200m. Current drilling validates MRE block model to 500m depth and lends support to planned drill programs. Significant geolog
Slide 11: Recent Drilling Results Support Geological Model and Upside at Depth
Recent Drilling Results Support Geological Model and Upside at Depth Deepest drilling to date was completed in late 2025. For personal use only Geology exactly as predicted by MRE/geological block model. Assays highlight that good grades continue over 500m below surface. Hole ID Depth From Dep
Slide 12: Next Steps: Immediate Progression into Pre-Feasibility Study
NEXT STEPS: Immediate Progression into Pre-Feasibility Study ALMA HAS COMMITTED TO A PRELIMINARY FEASIBILITY STUDY For personal use only Baseline environmental surveys to support future permitting activities. Major drilling program (ultimately >25,000m over ~18 months) to enhance and expand the
Slide 13: Highlights
Highlights Global supply-demand fundamentals support a high copper price for the foreseeable future. For personal use only ALM is one of the best leveraged pure copper plays on the ASX backed by a large-scale and potentially long-life asset in a stable, mining friendly Tier 1 jurisdiction. The
Slide 14: Appendix
Appendix For personal use only Strongly mineralised magmatic quartz vein at 118.4m depth in hole 24BRD0036, NE side of Southern Porphyry Target, containing intense chalcopyrite-molybdenite mineralisation. Within a 2m sample which assayed 0.81% Cu and 701ppm Mo. Core diameter 61.1mm. AN AUSTRALIAN CO
Slide 15: Good Time to Invest in Copper Developers
Good Time to Invest in Copper Developers Copper underpins global decarbonisation and demand is growing steadily to support For personal use only EV’s, renewable energy generation and data centres. Global copper supply must grow substantially and rapidly if the world is to come close to its net-z
Slide 16: For personal use only
For personal use only High-grade copper mineralisation in the form of chalcopyrite in magmatic quartz vein. Hole 24BRD0024 at 169.0m down-hole depth from a sample which assayed 0.7% Cu and 418 ppm Mo over a 2.0 m interval. Core diameter 61.1mm.