Aldoro Resources Ltd. · ASX:ARN
Aldoro Resources — Investor Presentation (July 2024)
21 slides from Aldoro Resources's investor presentation, July 2024
Slide 1: Kameelburg Niobium-REE Flagship Project
Kameelburg Niobium-REE Flagship Project Targeting Maiden Niobium Drilling End of Q3 2024 July 2024 ASX:ARN 1
Slide 2: Disclaimer
Disclaimer The material in this Presentation has been prepared by Aldoro Resources Limited (“Aldoro”) and is general background information about Aldoro’s current activities as at the date of this presentation. This information is given in summary form and does not purport to be complete. Informatio
Slide 3: Corporate Overview
Corporate Overview Capital Structure Share Price and Volume Shares on issue 134,623,743 Options on issue 28,405,714 Share Price (at 22nd July 2024) $0.084 Market Capitalisation (undiluted) $11.3M Cash Balance (at 31 March 2024) $0.738M Enterprise Value $10.56M Board of Directors Quinn Lee Non-Execut
Slide 4: Projects Overview
Projects Overview Kameelburg Niobium-REE Western Australian Projects § Wyemandoo Li-Rb Project Flagship Project § Niobe Li-Rb-Ta Project (Namibia, Africa) § Narndee Au-Ni-Cu Project 4
Slide 5: Kameelburg Project Snapshot
Kameelburg Project Snapshot Significant Carbonatite Size Giant Carbonatite - 1.4km in diameter, rising 270m above ground Extensive Project Area for Exploration Three Exclusive Prospecting Licenses (EPLs) spanning 1,017km2 High Value Critical Mineral Potential Niobium and REE highly leveraged to grow
Slide 6: Carbonatite Geology & Project Area
Carbonatite Geology & Project Area Three Exclusive Prospecting Licenses (EPLs) spanning 1,017km2 REE Prospects Planned for Follow-Up Drilling Giant Carbonatite 1.4km in diameter Rising 270m above ground MODEL Initial Diamond Drilling Targeting Niobium Rich Dykes (Target End of Q3) 6
Slide 7: Niobium & REE – Critical Mineral Focus
Niobium & REE – Critical Mineral Focus Nb REE Niobium Rare Earth Elements Ø A micro alloy for lighter, stronger and Ø Used across critical technology, military more corrosion resistant steel and energy applications Ø Enhances next generation batteries with Ø Majority of supply controlled by Chinese
Slide 8: Outstanding Infrastructure
Outstanding Infrastructure Ø Power, rail & road all running through Kameelburg Project Kameelburg Project location with Outstanding Infrastructure Support ü 220mW Powerline Operating Railway ü Operating Railway to Walvis Bay Port 220MW Powerline ü Main Sealed Road Sealed Road Ø Excellent Infrastruct
Slide 9: Namibia – An Attractive Mining Jurisdiction
Namibia – An Attractive Mining Jurisdiction Long established mining history Significant producer of uranium, diamonds, gold and base metals Politically stable Strong rule of law and clear, transparent mining code Population – 2.53 Million (2021) A large local workforce opportunity Mining in Namibia
Slide 10: Strategy For Kameelburg
Strategy For Kameelburg Ø Incorporate Aldoro Namibian Subsidiary to fully undertake local mining exploration & development JV Agreement (85% Aldoro Resources Namibia, 15% Namibian Vendor) Ø Intention to Unlock Full Value of the giant Kameelburg carbonatite Ø Stage 1: Core focus on setting up Foundat
Slide 11: Stage 1: Setting Up Foundation
Stage 1: Setting Up Foundation What’s Been Accomplished So Far Large Scale Mapping & Rock Chip Sampling Metallurgical Testing Ø To date, over 120 samples have been collected Ø Latest open cycle Niobium recovery of 62% achieved by Bureau Veritas3, Perth Notable Niobium sample assays1 include: Ø 10.38
Slide 12: Stage 1: Setting Up Foundation
Stage 1: Setting Up Foundation Ongoing Test Work by Highly Experienced Metallurgists Ø Multiple diamond cores drilled from selected Kameelburg sites using Hilti portable drill 1,2 Ø Cores shipped to China and Australia for comprehensive metallurgical testwork Four Streams of Metallurgical Testing Ch
Slide 13: Stage 2: Planning in Progress – What's Next
Stage 2: Planning in Progress Kameelburg – What’s Next Maiden Diamond Drilling Preparations Rapidly Advancing Ø Initial planned 2000m diamond drilling mainly Ø Access tracks cleared from main road to targeting Kameelburg’s Niobium-rich dykes niobium drill target site Ø Magnetic Survey targeting sign
Slide 14: Stage 2: Niobium Target Drill Areas Mapped
Stage 2: Planning in Progress Niobium Target Drill Areas Mapped – Excellent Results to Date Ø Mapping results so far1 at the Niobium-rich dyke areas Niobium Dyke Swarm Corridor ranged from 1.78% - 10.38% Nb2O5 Ø Niobium Dyke Swarm Corridor located at south-west peripheral region of carbonatite = sim
Slide 15: Stage 2: Further Niobium Distribution?
Stage 2: Planning in Progress Kameelburg – Further Niobium Distribution? Ø Kameelburg Project area spans ~4km2 Ø Historic sampling data shows over 25% of project area contain samples that are 0.3% Nb2O5 or higher Ø Speaks potential high volumes of contained niobium at Kameelburg, with current price1
Slide 16: Stage 3: Forward Strategy
Stage 3: Looking Ahead Kameelburg - Forward Strategy Large Scale 20,000m Diamond Drilling Mapping Area Ø Magnetic Survey targeting significant area of Large area interest for Nb around the whole giant carbonatite of interest Ø Targeting significant area of interest for REE covering major portion of
Slide 17: Stage 3: Rare Earth Mapping
Stage 3: Looking Ahead Rare Earth Mapping – Impressive REE Results To Date Ø Large scale REE mapping spanning south to east regions of the large carbonatite Ø Most recent notable assays1 include: 9.89% ü 9.89% TREO TREO ü 6.30% TREO ü 6.27% TREO 6.30% TREO Ø Prior sampling results2 ranging from 1.29
Slide 18: Stage 3: Quality Historical REE Data
Stage 3: Looking Ahead Kameelburg – Quality Historical REE Data! Ø Large historical REE data set on file Ø Over 700 historic REE samples Ø 100m grid samples, total of 1900m by 1600m Ø Rock chip sampling not biased, based on outcrop availability Kameelburg Historic Sampling − TREO Results Soil Rock C
Slide 19: Stage 3: Further Distribution of REE?
Stage 3: Looking Ahead Kameelburg – Further Distribution of REE ? Ø Historic 100m spacing for rock & soil samples suggests not all REE rich dykes are tested Ø Multiple dykes reportedly visible between historic sample locations Ø Suggests high probability of further REE on site Ø Re-affirms rationale
Slide 20: Kameelburg – Stage Development vs Timeline
Kameelburg – Stage Development vs Timeline 2024 2025 Stage Activity Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 + + Stage 1 Large scale geological mapping and sampling Preparations for access tracks (for Stage 2 & 3) Stage 2 Diamond Drill Rig Preparation Relevant Personnel Preparation Planned initial 10 diamond holes a
Slide 21: Thank You
Thank You For more information please email: contact@aldororesources.com July 2024 ASX:ARN