Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (May 2014)
20 slides from Alchemy Resources's investor presentation, May 2014
Slide 1: Uncovering the gold and base metals potential in the rich Bryah Basin
ASX: ALY Uncovering the gold and base metals potential in the rich Bryah Basin Investor Presentation May 2014
Slide 2: Alchemy: creating value through exploration
Alchemy: creating value through exploration Strategy to unlock gold and base metal potential across Bryah Basin Project, Western Australia Indicated Resource of 300,000oz gold – Hermes & Wilgeena – close to existing processing plants High-grade gold returned from gold prospects – Seaborg & Central B
Slide 3: Alchemy – Corporate summary
Alchemy – Corporate summary Listed on ASX in November 2007 Code: ALY Shares on issue 185.45m Options – unlisted 0.975m Market Capitalisation (undiluted) $4.6m Cash (31 March 2014) $0.8m BlueCrest Capital 26.92m (14.5%) Top 3 Shareholders Jindalee Resources 17.47m (9.4%) Lindsay Dudfield 10.26m (5.5%
Slide 4: A compelling gold & base metal story
A compelling gold & base metal story Primary focus is advancing the highly prospective Bryah Basin Project Alchemy’s growth strategy is to: Unlock value through focused, systematic exploration for gold and base metals Grow resources through targeted drilling at new (Seaborg, Winchester) and existing
Slide 5: Bryah Basin – A prominent gold & base metal position
Bryah Basin – A prominent gold & base metal position Unique, significant landholding position of 630km2 in exciting, metals-rich province Region hosts major gold (Plutonic, Peak Hill & Fortnum) and base metals (DeGrussa, Horseshoe Lights) mines Historically under-explored province for gold and base
Slide 6: Bryah Basin – a golden future
Bryah Basin – a golden future Currently 300,000oz gold at Hermes and Wilgeena deposits – open at depth/strike Newly discovered prospect at Seaborg with high-grade gold potential High quality exploration portfolio with excellent resource growth potential Goal of increasing resources while continually
Slide 7: Exploration pipeline – 'smart exploration'
Exploration pipeline – ‘smart exploration’ Critical datasets – geophysics, geological mapping/interpretation, regolith Advanced Projects Increase confidence/ understanding improved knowledge expand resources Understanding regional-scale controls – depositional sites – chemical deposition Resources
Slide 8: Hermes & Wilgeena – gold resources
Hermes & Wilgeena – gold resources Acquired from Troy Resources in 2008 JORC 2004 Indicated resources* of 300,000oz at Hermes and Wilgeena Improved geological understanding and confidence in grade continuity Potential for growth through depth and strike extent of existing resources Metallurgical tes
Slide 9: Strong potential for growth in resources
Strong potential for growth in resources Wilgeena Gold Deposit Continuity of mineralisation confirmed Open at depth Significant recent gold intercepts: 12m @ 5.99 g/t (81m) 21m @ 2.27 g/t (80m) Hermes Gold Deposit Open at depth, <3% of holes >125m vd Recent drilling confirms grade and width Signific
Slide 10: Seaborg – high-grade gold prospect
Seaborg – high-grade gold prospect Significant recent high-grade gold intercepts 51m @ 3.71 g/t (from surface) 23m @ 3.16 g/t (16m) 6m @ 4.17 g/t (9m) 2m @ 14.46 g/t (27m) Mineralisation from surface and open at depth Potential high-grade shoot in mineralised zone Targeted extensional RC drilling pl
Slide 11: Central Bore – promising gold prospect
Central Bore – promising gold prospect Targeted extensional drilling returned further high-grade intercepts 4m @ 25.79 g/t (125m) 14m @ 3.26 g/t (44m) Continuity of mineralisation confirmed Remains open along strike and at depth Potential for additional stacked zones 11
Slide 12: Bryah Basin gold – advanced understanding
Bryah Basin gold – advanced understanding Recent advances in understanding controls on high-grade gold hosted within deformed Peak Hill Schist Major structural & metamorphic gradient – major fluid pathway during early deformation (1st order control) Located at major lithological contacts (mafic-sedi
Slide 13: Bryah Basin gold – excellent growth potential
Bryah Basin gold – excellent growth potential Limited modern exploration (past 15yr) Regional interpretation has advanced geological & structural understanding Multiple new, untested gold targets – historic drill intercepts, surface anomalies & structural positions Concealed mineralised corridors –
Slide 14: Priority exploration targets – Seaborg – Central Bore corridor
Priority exploration targets – mineralised corridors Seaborg – Central Bore corridor Extensional RC drilling at Seaborg Targeted RC drilling at Central Bore West to follow-up high-grade gold hits 2m @ 8.75 g/t (68m) 1m @ 11.5 g/t (62m) & 1m @ 4.62 g/t (78m) RAB/Aircore drilling targeting surface gol
Slide 15: Priority exploration targets – Hermes – Winchester corridor
Priority exploration targets – mineralised corridors Hermes – Winchester corridor High priority 4km-long target along structural trend northeast of Hermes (Winchester) Covered by thin transported regolith & untested for gold mineralisation – limited historic drilling Shallow geochemical drilling alo
Slide 16: Bryah Basin gold – exploration program
Bryah Basin gold – exploration program Activity Timing Details Drilling at advanced prospects 1Q 2014 • Follow-up RC drilling of high-grade gold results at Seaborg • Selection of targets for RC, RAB/Aircore and/or geochemical drilling Geochemical drilling 2Q 2014 • Broad-spaced, geochemical drilling
Slide 17: Independence Group JV – Base metals
Independence Group JV – Base metals Leading Australian base metal and gold company Independence Group (IGO) exploring and earning an interest in the base metals prospective tenements covering ~300km2 IGO to rapidly advance base metals exploration through expenditure of $6.5M to earn 70-80% interest,
Slide 18: Capitalising on a gold 'n base metals opportunity
Capitalising on a gold ‘n base metals opportunity Dominant footprint in Bryah Basin • Emerging mineral province – prospective for gold and base metals • Complex geology, sparse outcrop – good understanding needed • Systematic exploration to develop robust drill targets Unlock the value of gold resou
Slide 19: Disclaimer and Competent Person's Statements
Disclaimer and Competent Person’s Statements 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 pu
Slide 20: Uncovering the gold and base metals potential in the rich Bryah Basin
ASX: ALY Uncovering the gold and base metals potential in the rich Bryah Basin Investor Presentation May 2014