Ore Resources Limited · ASX:OR3
Ore Resources — 2022 RIU Explorers Conference
18 slides from Ore Resources's conference presentation, Feb 15, 2022
Slide 1: Leveraged to the Future
Leveraged to the Future High-Grade Nickel Sulphides in Western Australia ASX:AOU | February 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Auroch Minerals Ltd (Auroch or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation
Slide 3: Auroch's Strategic Portfolio
Auroch’s Strategic Portfolio High-grade shallow nickel sulphide resources that are being driven towards development and production to leverage the strong nickel price and the EV demand JORC (2012) resource inventory of over 21,000t of contained nickel at 2% Ni. Scoping studies and revised resources
Slide 4: Future Minerals for the World's Clean Energy Technologies
Future Minerals for the World’s Clean Energy Technologies Nickel Demand Metals And Minerals Demand From Lithium-ion Batteries Nickel price is and climbing ~US$24,000/t ~30% increase year-on-year 1 1 LME Spot Price as at 11 February 2022 The combination of limited supply The renewable energy sector w
Slide 5: Corporate Overview
Corporate Overview Snapshot 6 Month Share Price Share Price A$0.12 Market Cap A$43M Cash $9.2M* ~361M 1.6M Zero Shares Average Debt on Issue Volume *as at 31 December 2021 Experienced Board and Management team to execute Auroch’s corporate strategy Board Executive Management Aidan Platel Mike Edward
Slide 6: Strategically Located Nickel Sulphide Portfolio
Strategically Located Nickel Sulphide Portfolio Auroch (ASX:AOU) holds some of the most prospective nickel sulphide tenure in the Norseman-Wiluna Greenstone Belt Scoping studies underway to realise value from the potential development of existing shallow high grade nickel sulphide resources Create f
Slide 7: Saints Nickel Project
Saints Nickel Project High-grade nickel sulphide resource with exploration potential High-grade JORC (2012) -compliant MRE provides clear pathway to development and production leveraged to increasing Ni demand: 1.05Mt @ 2.0% Ni & 0.2% Cu for 21.4kt Ni & 1.6kt Cu Saint Patricks and Saints Andrews rem
Slide 8: Nepean Nickel Project
Nepean Nickel Project Historic high-grade nickel mine with remnant mineralisation and exploration upside Real potential to build a significant high-grade nickel sulphide inventory via 3 focus areas: HISTORIC MINE AREA Remnant high-grade nickel sulphide mineralisation including shallow potential for
Slide 9: Historic Mine Area
Nepean Nickel Project Historic Mine Area Remnant high-grade nickel sulphide mineralisation with potential for open-pit mining scenario WORK PROGRAMMES • Metallurgical test work well advanced on the shallow high-grade Ni-S mineralisation - 2 out of 3 bulk samples tested to-date produced saleable conc
Slide 10: Nepean Deeps Target
Nepean Nickel Project Long section Nepean Deeps Target Presence of late cross-cutting pegmatite intrusions draws immediate analogy to Western Area’s (ASX:WSA) Flying Fox nickel mine, which has mined well over 115kt nickel! WORK PROGRAMMES • 2 untested DHEM conductors in interpreted ultramafic units
Slide 11: Regional Exploration
Nepean Nickel Project Regional Exploration Strong potential for new discoveries along strike WORK PROGRAMMES • Ground IP at Nepean North Prospect – successfully identified high priority drill targets for Ni and Au • Follow-up 3,000m RC drill programme for Ni, Cu, Au ± Li & Au – pending work permit •
Slide 12: Leinster Nickel Project
Leinster Nickel Project Known massive nickel sulphide mineralisation with great exploration potential Underexplored fertile ultramafic units in close proximity to known massive Ni-S mineralisation WORK PROGRAMMES • Technical review of the Horn and Woodwind Prospects – identified key geological struc
Slide 13: Arden Zinc-Copper Project
Arden Zinc-Copper Project High potential for Zn, Cu, Li and REE mineralisation • Ragless Range Zn Target: drilling identified high-grade mineralisation: 12.80m @ 5.0% Zn from 53m, incl 3.65m @ 15.5% Zn from 62.15m (RRDD007) • Strong gravity anomaly >3.5km long – drilling completed & assays pending;
Slide 14: Looking Ahead: Key Milestones
Looking Ahead: Key Milestones 14 WWW.AUROCHMINERALS.COM
Slide 15: Our Sustainability Plan
Our Sustainability Plan Environment, sustainability and governance central to Auroch’s core strategy • Published maiden Sustainability Plan in July which OUR SUSTAINABILITY PILLARS highlights the Company’s vision and priorities to support a sustainable business • Our plan and pillared strategy are a
Slide 16: ASX Peer Comparison
ASX Peer Comparison 16 WWW.AUROCHMINERALS.COM *as at 13 December 2021
Slide 17: Why Invest
Why Invest Leveraged to increasing nickel demand and rising nickel price - High-grade nickel sulphide resources with potential to drive to near-term development and production High potential exploration targets to create value through new discoveries across a range of future minerals: Ni, Cu, Zn, Li
Slide 18: Contact
CONTACT Mr Aidan Platel Managing Director E: aplatel@aurochminerals.com M: +61 400 190 005 Suite 10 38 Colin Street West Perth WA 6005 T: +61 8 6383 7817 F: +61 8 6245 9853