Slide 1: Alien Metals Precious and Base Metals Explorer and Developer
AXA LEE N PRECIOUS AND BASE METALS EXPLORER AND DEVELOPER
Slide 2: Disclaimer & Competent Person Statement
DISCLAIMER & COMPETENT PERSON STATEMENT The information in this presentation (the “Presentation”) relating to Alien Metals Ltd (the “Company”) has been prepared by the Company and may be subject to material updates, revision and further amendment. This Presentation is for background purposes only an
Slide 3: Board and Management
BOARD AND MANAGEMENT RECOGNISED EXPERTS IN GLOBAL MINING WITH A PROVEN TRACK RECORD OF BUILDING VALUE BILL BRODIE GOOD CEO & Technical Director Bill has 25+ years experience in mineral exploration including 5 years as a Principal with SRK Exploration Services Ltd, a leading global mining consultancy
Slide 4: Market Information and Capital Structure
MARKET INFORMATION CAPITAL STRUCTURE SHARE PRICE AS OF 15" May 2022 LNJWLSIANI NO NYUNLIY ‘Apr 1st May £34M UFO a MARKET CAP a TICKER AIM 0.56 -1.30 a MARKET a 52 WEEK SHARE oe ©) 4,751M i) 132M ISSUED SHARE CAPITAL MANAGEMENT OPTIONS 27.5m © 19.2 ARTEMIS RESOURCES LTD 7.5% BENNELONG LIMITED 6.8% GI
Slide 5: Multi-Commodity Portfolio
MULTI-COMMODITY PORTFOLIO AXA LILEN A GLOBAL DIVERSIFIED PROJECT GENERATOR Munni Muni ESS Elizabeth Hill Project £2 Munni Munni ML / Elizabeth Hill ML / Munni Munni North ELA Iron Ore Company ALORA of Australia Fal IRONORE Brockman & Hancock COMPANY OF AUSTRALIA Mexico Silver & Copper EQ EURS Donova
Slide 6: Source: Tradingeconomics.com
Source: Tradingeconomics.com
Slide 7: Key Commodities of the Green Revolution
KEY COMMODITIES OF THE AXA LILEN GREEN REVOLUTION THE FUTURE IS GREEN METALS AIM:UFO 7
Slide 8: Source: Tradingeconomics.com
Source: Tradingeconomics.com
Slide 9: Silver
SILVER AXA LLEN THE PRECIOUS METAL WITH INDUSTRIAL DEMAND Industrial 50.7% (Solar PV 10.2%) Le ae Bearings in aircraft engines ole o.; |}™N Air filters/ purification sl ° Jewelery SQ? Investment: 24.5% 10330 GLOBAL CONSUMPTION Computer chips Jewellery 17.8% OF USES 1 Wd Smartphone | o (¥ Detergents/
Slide 10: Dedication to ESG
DEDICATION TO ESG THREE PILLARS TO FORGE A SUSTAINABLE FUTURE Environment Environmental exploration management Responsible and efficient exploration and extraction Operational emissions reduction USING HIGHLY ACCREDITED DRILLING COMPANY IN MEXICO Social | Foster strong relationships with local commu
Slide 11: Western Australia
WESTERN AUSTRALIA
Slide 12: Hamersley Iron Ore Project
HAMERSLEY IRON ORE PROJECT N GREEN HIGH- Finalising 90% holding in two Iron Ore licences in world class Pilbara region of Western Australia Maiden JORC compliant Inferred resource defined for Hancock Project of 10.4 Mt @ 60.4% Fe, September 2021 Updating Resource from recent 3rd drilling campaign Br
Slide 13: Hancock Project
HANCOCK PROJECT AXA LILEN HIGHLY ECONOMIC MINING PARAMETERS High Grade and quality of ore less susceptible to changes in Iron Ore Price Very low strip ratio - Fe SiOz Als P Loi Mno | | Mobile screening and crushing method m0 a a “2 a 2 ESET ETE MN SIRIUS EXTENSION 78 61 44 87205 || Predominantly ‘so
Slide 14: Cross Section 1000m East, Ridge E, Hancock Iron Ore Project
Cross Section 1000m East, Ridge E, Hancock Iron Ore Project
Slide 15: High Grade Drilling Targets
High Grade drilling targets western end of ridges F, G and H and extent of area still not even tested, May 2022
Slide 16: Mining Development Update
MINING DEVELOPMENT /\Sok lla be UPDATE Legend Proposed minng lease appicaton Indcatneastt-areas (HE ROM pad TtPeposedmiscetaneous tenementappicaten [Access Ti svccile i Magazne TB tops0i mre Wi Weste ump Continue to be for ‘Shovel Ready’ Q1 2023 Port Hedland Utah Public Point Shipping facility discu
Slide 17: Brockman Project
BROCKMAN PROJECT POTENTIAL FOR FURTHER HIGH GRADE IRON ORE | Project hosts edge of historic BHP deposits Due Diligence sampling returned DSO grade results including 65.4% Fe, 65.0% Fe, 64.3% Fe & 60.3% Fe Tenement still completely underexplored Q Fortescue Wy Ley Or, Maiden drilling planned for BHP#
Slide 18: Munni Munni PGM / Elizabeth Hill Silver Project
mineralised stratigraphy MUNNI MUNNI PGM ELIZABETH HILL SILVER - PGE/SILVER/COPPER/NICKEL PROJECT, WESTERN AUSTRALIA Source: Platina Resources Lid Costean Sample 2m@4.0gh 3E PGM 2 3 a 2m@3.5gt 3E PGM 3E (Pad, Pt, Au) 4 (Pd, Pt, Au, Rh) MUNN! MUNNI PGM PROJECT CENTRAL AREA 482250E DRILL SECTION
Slide 19: Munni Munni PGE and Elizabeth Hill Silver Project
MUNNI MUNNI PGE AND ELIZABETH HILL AVA LE SILVER PROJECT ACQUISITION OF 100% MUNNI MUNNI PROJECT TO CREATE UNIQUE AND COMPELLING PROJECT One of the largest undeveloped primary PGE Resources in Australia Historic non-compliant JORC 2004 Resource estimate implied 24Mt @ 2.9g/t PGE and gold for 2.2Moz
Slide 20: Elizabeth Hill / Munni Munni
Eliza beth ll Hi Mun ni Munni West Pilbara Craton
Slide 21: Elizabeth Hill
ELIZABETH HILL A PREVIOUSLY PRODUCING, HISTORIC HIGH-GRADE SILVER MINE Pre JORC Compliant Resource of 4.05 Moz Ag at 200 g/t Ag cut off Mixed 1.2 Moz silver @ 2,195 g/t Ag (70.24 Oz/t Ag) from 1999-2000 underground only Surface resource and depth extension of high-grade mineralization below 100 mete
Slide 22: Elizabeth Hill Bonanza Grade Silver Intersections
ELIZABETH HILL AXA LILEN BONANZA GRADE SILVER INTERSECTIONS IN INITIAL DRILLING ogg Ag git I 9.7m @ 8,326 g/t Ag (2670z/t Ag) from 15m Bec mice” in drillhole 21EHDD003; and, | 24.8m @ 829 g/t Ag (270z/t Ag) from 2m including 11.7m @ 1,735 g/t Ag (560z/t Ag) and 1.7m @ 19,865g/t Ag (6390z/t Ag) from
Slide 23: Mexican Copper/Gold & Silver Portfolio
MEXICAN COPPER/GOLD & SILVER PORTFOLIO
Slide 24: San Celso
SAN CELSO AAA LILA HOSTS 2 BONANZA GRADE HISTORIC SILVER MINES Hosts two historic underground silver mines with historic grades up to 2683 g/t Ag (~86 oz/t Ag) Alien recent sampling up to 1,389 g/t Ag (~44 oz/t Ag), averaging 441 g/t Ag (~14 oz/t Ag) from 96 samples 1,600m+ known strike of main vein
Slide 25: Los Campos
LOS CAMPOS AVERAGE REPORTED HEAD GRADE OF OVER 1,000 G/T Ag Los Campos includes: Two historic silver mines targeting two high-grade epithermal silver veins Average reported head grade of over 1,000 g/t Ag Alien recent sampling including 547 g/t Ag (180z/t) Maiden Drill program to follow on from San
Slide 26: Donovan
DONOVAN 2 AXA LEN Some excellent intercepts in initial drilling Significant samples from Los Alamos target to be drill tested by Alien 77.85m intersection of strong to intense silicfication with finely disseminated pyrite and traces of arsenopyrite 3.34% Cu, 2.68 g/t Au Drill tested main Los Alamos
Slide 27: Experienced Management and Geological Team
1 Experienced management and 2 Excellent projects with significant progress at 3 Holds assets in commodities vital geological team with the Hancock Iron Ore and for a Green proven track record of the Elizabeth Hill Silver Economy building significant Projects value 4 Committed to high ESG 5 Exposure
Slide 28: Appendix
APPENDIX AXA LLEN AIM:UFO 28
Slide 29: Palladium
PALLADIUM CRITICAL FOR ICE AND HYBRID VEHICLE EMISSIONS REDUCTION AND THE HYDROGEN ECONOMY 100m 20m South Africa 39% HIGHER RISK LOWER RISK AIM:UFO 29
Slide 30: Brockman Iron Ore Project
BROCKMAN IRON ORE PROJECT POTENTIAL FOR FURTHER DSO GRADE IRON ORE Detrital/Canga type High Grade deposit potential which hosts nearby iron ore mines | | Highly underexplored Maiden Drilling planned 2022 Whale Back Shale BROCKMAN TENEMENT Rio Tinto Drilling RIO TINTO TENEMENT AIM:UFO 30
Slide 31: Elizabeth Hill Further Results
ELIZABETH HILL FURTHER RESULTS MORE RECENT DRILLING RESULTS AWAITED RC drill program results on ore body and surrounding halo awaited | Surface resource and depth extension of high-grade mineralization below 100 meters untested Cu, Ni, Cobalt, PGE halo around silver orebody initial drilling Trend of
Slide 32: Elizabeth Hill Further Multi Commodity Resource Potential
ELIZABETH HILL FURTHER MULTI COMODITY RESOURCE POTENTIAL Strong Cu, Ni and PGE results from initial trenching programme || Trenching results include: 26m @ 0.25% Cu and 0.2% Ni, including 8m @ 0.6% Cu, 0.38% Ni and 0.20 g/t Pd Hh 34m @ 0.1 % Cu, 0.17% Ni and 0.19 g/t Pd Rock chip: 2.2% Cu, 0.51% Ni
Slide 33: Contact Information
CONTACT INFORMATION BILL BRODIE GOOD CEO & Technical Director Green Park House, 15 Stratton Street, London W1J 8LQ, United Kingdom 1 Centro Ave, Subiaco Perth, WA 6008, Australia MELISSA MOON Investor Relations E IR@alienmetals.uk YELLOW JERSEY Financial PR T +44 (0)20 3004 9512 E alienmetals@yellow