Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (February 2013)
20 slides from Alchemy Resources's investor presentation, February 2013
Slide 1: Discovering wealth in the heart of the rich Bryah Basin, WA
ASX: ALY Discovering wealth in the heart of the rich Bryah Basin, WA Investor Presentation February 2013
Slide 2: 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 3: Alchemy: creating value through exploration
Alchemy: creating value through exploration Landholding uniquely positioned in the heart of WA’s rich Bryah Basin Bryah Basin hosts Sandfire’s high-grade DeGrussa copper-gold mine – the key DeGrussa geological structures continue into Alchemy’s ground Strong bedrock conductors (copper – gold targets
Slide 4: Alchemy – Corporate Overview
Alchemy – Corporate Overview Listed on ASX in November 2007 Code: ALY Shares on issue 156.85m Options – unlisted 2.21m Market Capitalisation (undiluted) $14.1m Cash (31 December 2012) $2.5m BlueCrest Capital 26.92m (17.2%) Top 3 Shareholders Jindalee Resources 17.47m (11.1%) Grandor (Mark Scott) 7.3
Slide 5: Alchemy – a compelling copper-gold story
Alchemy – a compelling copper-gold story Primary focus is advancing the flagship Bryah Basin Project Alchemy’s growth strategy is to: Create value through focused, systematic exploration for high- grade, high-value copper-gold Grow mineral resources through targeted extensional drilling at Hermes &
Slide 6: A dominant position in heart of the Bryah Basin
A dominant position in heart of the Bryah Basin Bryah Basin Project – copper-gold and gold potential Historically under-explored province – discovery of DeGrussa copper-gold mine in 2009 Unique, landholding position of 630km2 in exciting copper-gold province Dominant position between high-grade DeGr
Slide 7: Bryah Basin Project - Copper
Bryah Basin Project - Copper Port Hedland Newman = = HORSEHOE LIGHTS Copper Gold Mine 300,000 oz Au, 54,000 t Cu Produced DeGRUSSA Copper Gold Mine =. > - - -- - = . ~ 14.3Mt@4.6% Cu, 1.6g/t Au A\chemy. Tenements a => 2) Cs 4 -—- — = ees, = - ALCHEMY FOCUS - = Prospective stratigraphy for ) Bryah Ba
Slide 8: The best Cu-Au ground in Basin after Sandfire
The best Cu-Au ground in Basin after Sandfire Alchemy’s main focus for 2013 is discovery of more DeGrussa’s Alchemy controls ~45km of strike extent of prospective Narracoota volcanic sequence Prospective stratigraphy mostly soil covered, under-explored for copper Excellent geological & geochemical k
Slide 9: DeGrussa – Highlighting Alchemy's upside
DeGrussa – Highlighting Alchemy’s upside Discovered April 2009 (Sandfire testing shallow gold target); commenced production in mid 2012 DeGrussa is high-grade (>6% Cu equiv; in situ value ~A$7B) and low cost (C1 costs ~ US$1/lb) Primary mineralisation in near-vertical lenses that commence at >100m b
Slide 10: Why Alchemy's ground is so prospective
Why Alchemy’s ground is so prospective Over 70 copper – gold targets identified from geophysics & geochemistry Mapping confirms multiple prospective VMS horizons across project Coherent multi-element (copper, zinc, gold, silver, bismuth) soil & rock-chip anomalism associated with horizons Recent and
Slide 11: Bryah Basin: immediate drilling targets
Bryah Basin: immediate drilling targets Ground EM surveys in late 2012 delineate multiple bedrock conductors representing drill targets Strong, distinct bedrock conductor at Bullgullan Bore a priority target Bedrock conductor at MT36 represents priority target – associated with intensely altered roc
Slide 12: Bryah Basin: prospective VMS horizons
Bryah Basin: prospective VMS horizons Aircore drilling testing multi-element anomalies completed in late 2012 Multiple broad, linear zones with strong secondary copper, gold and pathfinder anomalism – Neptune, Churchill, Fiddler Anomalous horizons – related to VMS mineralising processes – analogous
Slide 13: Bryah Basin Project – Gold
Bryah Basin Project — Gold Port Hedland HERMES Gold Deposit Newman Indicated Resource 213,000 oz Au 9 == = 7a = PEAK HILL God Mine CENTRAL BORE Gold Prospect Drilling confirms continuity of mineralistion PLUTONIC Gold Mine FORTNUM Gold Mine ~. A\chem: Tenemerty easel FOCUS ae copper eee eae WILGEENA
Slide 14: Bryah Basin – Gold
Bryah Basin – Gold Goal of increasing resources while continually evaluating commercialisation opportunities Currently over 300,000oz gold at Hermes and Wilgeena deposits – open at depth/strike Exciting prospect at Central Bore with high-grade gold potential High quality exploration portfolio with e
Slide 15: Hermes & Wilgeena – Gold resources update
Hermes & Wilgeena – Gold resources update Acquired from Troy Resources in 2008 with 131,000oz gold Indicated resource 230% increase in resources Indicated resources* now total over 300,000oz at Hermes and Wilgeena Enhanced value of project Improved geological understanding and confidence in grade co
Slide 16: Hermes & Wilgeena – opportunity
Hermes & Wilgeena – opportunity Metallurgical test-work on oxide core material indicates amenable to treatment in conventional crush, grind and CIL plant Good recoveries across all size fractions High proportion of gold contained in coarse fraction Large percentage (40-60%) of free gold recoverable
Slide 17: Central Bore – exciting gold prospect
Central Bore – exciting gold prospect Continuity of mineralisation confirmed Remains open along strike and at depth Potential for additional stacked zones Recent high-grade intercepts 4m @ 25.79 g/t gold from 125m 14m @ 3.26 g/t gold from 44m Targeted extensional drilling to commence in March 17
Slide 18: Bryah Basin – excellent growth potential
Bryah Basin – excellent growth potential Focussed on unlocking copper – gold potential across Bryah Basin landholding Regional interpretation leads to superior geological & structural understanding – gold targeting underway Numerous untested gold targets delineated Represents excellent growth potent
Slide 19: Strategy to creating shareholder wealth
Strategy to creating shareholder wealth December 2012 Q Ground geophysics surveys - complete Drill test geochemical targets - complete March 2013 Q • Regional interpretation and targeting – underway • Drill test & down-hole geophysics of bedrock conductors – RC drilling to commence this month •
Slide 20: Capitalising on a golden opportunity
Capitalising on a golden opportunity Focus on discovering DeGrussa-style Cu-Au Dominant footprint in Bryah Basin • Emerging mineral province, highly prospective for copper and gold • Deep weathering, sparse outcrop, geology poorly understood, good science needed! • Systematic approach exploration to
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