Slide 1: Beaver Creek Summit Corporate Presentation
For personal use only BEAVER CREEK SUMMIT CORPORATE PRESENTATION Nic Earner, Managing Director 17 September 2020 © 2020 Alkane Resources
Slide 2: Disclaimer
Disclaimer For personal use only This presentation contains certain forward-looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Alkane Resources Ltd, industry growth or other tre
Slide 3: Growth and Investment: Corporate Strategy
Strategy, “Alkane is growing shareholder Growth and value by increasing gold production at Tomingley Gold For personal use only Investment Operations, pursuing organic growth through targeted exploration and development, and strategic investment.” CORPORATE RELIABLE, EXISTING LANDMARK DISCOVERY STRA
Slide 4: Demerger of Australian Strategic Materials Completed
Demerger of Australian Strategic “The demerger of ASM Materials (ASX:ASM) Completed continues Alkane’s track For personal use only record of delivering significant value for shareholders.” • True value of combined assets (ALK and ASM) difficult to ascertain • ALK Board acted in response to the views
Slide 5: Corporate Profile
Corporate Profile Ian Gandel (Non-Executive Chairman) For personal use only Mr Gandel is a successful Melbourne based businessman with extensive experience Capital Structure in retail management and retail property. Through his private investment vehicles Mr Gandel has been an investor in the mining
Slide 6: Tomingley Corridor: Central West NSW
Tomingley Corridor: Central West NSW For personal use only ~10km mineralisation adjacent to established processing infrastructure at Tomingley Gold Operations (TGO) ALKANE RESOURCES | ASX:ALK 6
Slide 7: Tomingley Gold Operations (TGO)
Tomingley Gold Operations (TGO) For personal use only • 100%-owned 1.0mtpa plant constructed on time and on budget in 2014 • Achieved run rate of 1.4mtpa on oxide ore soon after commissioning • Met production guidance for FY20 of 33,507oz gold • Production guidance for FY21 is 45,000 to 50,000oz (AI
Slide 8: Tomingley Extension Project: Exploration
Tomingley Extension Project: Exploration For personal use only • Three major target areas within 8km of Tomingley mill; Roswell, San Antonio and El Paso • Infill drilling at 40m spacing of Roswell, San Antonio complete, further 20m program underway • Maiden Resource (Roswell): 7.02Mt @1.97g/t Au (44
Slide 9: Tomingley Extension Project
Tomingley Extension Project For personal use only ALKANE RESOURCES | ASX:ALK 9
Slide 10: Tomingley Corridor: Development Plan
Tomingley Corridor: Development Plan For personal use only “A focus on defining the initial resource, and simultaneously developing underground and open pit mines on an accelerated timetable.” • 40m space drilling complete at Roswell and San Antonio, 20m space drilling underway Resource Delineation
Slide 11: Boda Prospect
For personal use only Boda Prospect • Significant Gold-Copper Porphyry mineralisation at Boda Prospect • Boda target identified by geophysics followed by RC drilling • Diamond holes show large scale mineralization with higher grade core • Numerous other intercepts within 2-3km strike length demonstr
Slide 12: Boda Drilling
Boda Drilling For personal use only • Modelling of the recent drilling indicates a +0.2g/t AuEq* subvertical zone of significant gold-copper mineralisation. • Approximately 500 metres north-south strike length, 400 metres wide and >1100 metres vertically (grey in model). • Within this envelope there
Slide 13: Boda Drilling
Boda Drilling For personal use only • Major drill program of 30,000m over FY21 underway • Targeting Boda high grade core plus prospective areas on corridor • Other regional targets presented by IP and data review will also be tested ALKANE RESOURCES | ASX:ALK 13
Slide 14: Strategic Gold Investments
Strategic Gold For personal use only Investments • Stated vision to become a multi-mine Australian gold producer • Tomingley Gold Operations well-positioned to anchor strategy, with strong regional NSW exploration portfolio Alkane owns ~19.9% of Genesis Minerals, Alkane owns ~13% of Calidus Resource
Slide 15: Key Priorities to December 2020
Key Priorities to December 2020 For personal use only Follow-up drilling of Boda and nearby porphyry targets Updating of Roswell / San Antonio resources Finalisation of UG and OC plans for both approvals and financial evaluation Progress of Tomingley Corridor Exploration Drive (underway) ALKANE RESO
Slide 16: For personal use only
For personal use only www.alkane.com.au @alkaneresources alkane-resources-ltd
Slide 17: Mineral Resources
Mineral Resources TOMINGLEY GOLD PROJECT TGO MINERAL RESOURCES (as at 30 June 2020) For personal use only MEASURED INDICATED INFERRED TOTAL Total Gold DEPOSIT Tonnage Grade Tonnage Grade Tonnage Grade Tonnage Grade (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Koz) Open Pittable Resources
Slide 18: Mineral Reserves
Mineral Reserves For personal use only TOMINGLEY GOLD PROJECT TGO ORE RESERVES(as at 30 June 2020) PROVED PROBABLE TOTAL Total Gold DEPOSIT Tonnage Grade Tonnage Grade Tonnage Grade (g/t (Kt) (Kt) (g/t Au) (Kt) (g/t Au) (Koz) Au) Open Pittable Reserves (cut off 0.50g/t Au) Wyoming One 0 0.0 0 0.0 0