Alvo Minerals Limited · ASX:ALV
Alvo Minerals — Investor Webinar August 2023
26 slides from Alvo Minerals's conference presentation, August 2023
Slide 1: Active Brazilian Critical Minerals Explorer
Active Brazilian Critical Minerals Explorer Investor Webinar August 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: Corporate Overview
Corporate Overview Low Shares On Issue Board and Management 93.1 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 Funded for Explo
Slide 4: Two Highly Prospective Key Projects in Brazil
Two Highly Prospective Key Projects in Brazil Strong community and political support Access to multiple hydroelectricity options Multiple rail options accessing ports and smelters Sealed roads to project ASX:ALV 4
Slide 5: Alvo: The Active Brazilian Explorer
Alvo: The Active Brazilian Explorer Extensive geological logging, Over 20,000m of Diamond Over 9,000 core geophysical surveys & studies Drilling conducted since Oct 2021 samples collected of physical properties ALV IPO Afla Earn-in Bluebush REE OCTOBER 21 MARCH 23 JUNE 23 Regional Exploration Initia
Slide 6: Bluebush Rare Earth Element Project Highlights
Bluebush Rare Earth Element Project Highlights Close to Alvo’s base at Palma High-grade clay-hosted with access to Exploration Team Rare Earth Element prospect. and Equipment Values up to 4,500ppm TREO Binding Agreement signed allowing Large footprint of prospective ground Alvo to earn-in into up to
Slide 7: Bluebush REE Project
Bluebush REE Project Strategically located for Alvo • Bluebush is a Greenfields REE project located adjacent to the world class Serra Verde Ionic- clay deposit and Alvo’s Palma Project. • Alvo has been actively exploring in the region and established a modern and well- equipped base. • Bluebush was
Slide 8: Bluebush Project Previous Auger Results
Bluebush Project Previous Auger Results Historical results have identified priority areas to investigate Ionic Clays ASX:ALV 8
Slide 9: Exploration Underway at Bluebush REE Project
Exploration Underway at Bluebush REE Project ASX:ALV 9
Slide 10: Fazendinha Prospect
Fazendinha Prospect ASX:ALV Historic auger drilling rarely penetrates deeply into saprolite zone 10
Slide 11: Premier Location in Brazil
Premier Location in Brazil • Brazil is emerging as one of the most important locations for Rare Earth Element (REEs) globally. • Alvo has been operating in Brazil for the last 2 years, proximal to the Bluebush project. • Directors and Brazilian Exploration team have decades of local experience, have
Slide 12: Serra Verde
Serra Verde • Largest ionic clay deposit outside China, at southern One of Highest % of High Value REEs 70% end of the Serra Dourada Granite, an intrusion 64km HREE + Pr & Nd% long and 7.5km wide. Bluebush is northern end of same 60% intrusion. 50% • One of the world’s highest percentage of heavy an
Slide 13: Globally Significant IAC Deposits
Globally Significant IAC Deposits ASX:ALV 13 Source: US Geological Society
Slide 14: Palma Cu-Zn VMS Project Highlights
Palma Cu-Zn VMS Project Highlights 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 4.6M
Slide 15: The Palma VMS Project
The Palma VMS Project • Palma VMS district- 5 High-Grade Cu & Zn rich, shallow mineralised prospects- JORC resources on only 2 deposits • VMS typically occur in clusters - only the outcropping prospects drilled historically • Discovered in 1970’s, the District has been largely idle for ~30 years - A
Slide 16: C4 - Brownfields VMS Discovery
C4 - “Brownfields VMS Discovery” Discovery hole PD4-084 = widest Intercept at Palma to date • Maiden diamond drilling at C4 intercepted broadest alteration and mineralisation drilled at Palma to date • PD4-084: 9m @ 0.9% CuEq or 2.2% ZnEq from 113m • PD4-084: 37m @ 1.9% CuEq or 4.6% ZnEq from 127m o
Slide 17: C4 - thick intercepts
Mineralisation within a Broad C4 - thick intercepts Alteration Halo • C4 located only 5km SW from C1 • If drilling continues to intercept broad mineralised zones, C4 could be quickly added to an updated MRE (currently underway at for C1 and C3) • Drilling at PD4-088 (results pending) has intercepted
Slide 18: 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 19: 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% Zn, 0.2% Pb & 23g/t Ag – based on historic drilling only- update in Q4 2023 New Alvo drilling - multiple high-grade intercepts drilled will grow the resource • PD3-001: 25.0m @ 6.3% CuEq or 15.34% ZnEq • PD3-007:
Slide 20: C3 Prospect: Thick and High Cu Grades
C3 Prospect: Thick and High Cu Grades ASX:ALV 20
Slide 21: C1 Prospect: Shallow and long
C1 Prospect: Shallow and long • C1 is mineralised over 1.2km of strike - open at depth and along strike • Alvo utilising all DHEM and FLEM tools to find southern extension • Diamond drilling intercepted significant polymetallic massive/semi-massive and disseminated sulphides o PD1-019: 21.8m @ 4.8%
Slide 22: Palma Exploration
Palma Exploration Multi-Discipline, Multi-Target Resource Definition C1, C3 C4, C5, Urubu TG01, TG02.. TG07 VTEM (15 Priority) & 60km of Soils 0 5 Resource Definition Drill Testing Mapping, Geochem, Geophysics Conceptual ASX:ALV Alvo VTEM Targets 22
Slide 23: Urubu Prospect- extension of C3?
Urubu Prospect- extension of C3? Urubu (Vulture) has coincident soils and IP chargeability, FLEM survey has confirmed a conductor of similar conductivity thickness to C3 FLEM survey indicates a thickness/conductivity similar to C3 (~1,000 siemens) Additional Soils and Auger drilling planned before d
Slide 24: C5: Exploration
C5: Exploration C5 exploration is one of multiple advanced prospects • CPRM completed soils and a single (mineralised) drillhole (not located) • 3 coincident elongated Cu/Zn/Pb anomalies- each > 1km Alvo completed 800 x 50m soils- infill to 400 x 50m confirmed soil anomalies IP survey complete stron
Slide 25: Advancing Critical Minerals in Brazil
Advancing Critical Minerals in Brazil Q3 23 Q4 23 Q1 24 Q2 24 BLUEBUSH REE Auger drilling Ionic Clay Preliminary Testwork Decision on Bluebush REE Due Diligence PALMA – C4 PROSPECT Maiden diamond drilling PALMA - C1 & C3 PROSPECT DHEM surveys on phase 1 & 2 drill holes PALMA REGIONAL EXPLORATION FLE
Slide 26: Thank you
Thank you Rob Smakman Managing Director +61 402 736 773 rob@alvo.com.au