Alma Metals Limited · ASX:ALM
Alma Metals — Non-Deal Roadshow (December 2024)
17 slides from Alma Metals's roadshow presentation, Dec 9, 2024
Slide 1: Asia Roadshow Presentation
9 December 2024 Asia Roadshow Presentation Alma Metals Limited (“Alma” or the “Company”) (ASX: ALM) advises that the following presentation shall be used to market to institutional and high net worth investors in Asia as part of a non-deal roadshow this week. This announcement is authorised for rele
Slide 2: An Australian Copper Company
AN AUSTRALIAN COPPER COMPANY For personal use only COMPANY PRESENTATION DECEMBER 2024
Slide 3: Cautionary Statements
CAUTIONARY STATEMENTS Competent Persons Statements This presentation includes certain “Forward- Looking Statements”. Dr Tabeart consents to the inclusion of the data in the form and context The words “forecast”, “estimate”, “like”, “anticipate”, “project”, in which it appears. This presentation has
Slide 4: Alma Metals Overview
Alma Metals Overview Alma Metals Ltd is primarily focused on the development of its Briggs Copper Project in Queensland, Australia: For personal use only Briggs Copper JV (Alma 51%) : ALM earning up to 70% interest in a large porphyry copper-molybdenum project containing an inferred resource of 41
Slide 5: ALM: Corporate Snapshot
ALM: Corporate Snapshot Alasdair Cooke Executive Chairman SHARES ON ISSUE: 1.57B Geologist and founding director, 35 years in mining For personal use only Current Director Caravel Minerals, African Energy, formerly BHP Minerals, Exco Resources. OPTIONS 65M MARKET CAPITALISATION (0.6c): A$9.4M Frazer
Slide 6: Briggs JV Copper Project
Briggs JV Copper Project Large-scale, outcropping deposit: For personal use only >1 million tonnes copper with huge upside for tonnage and grade Potential open pit with very low strip ratio Excellent preliminary metallurgy, 92-95% Cu recovery Excellent infrastructure: 60-km from deep-wat
Slide 7: Scale + Growth
Scale + Growth >1 MILLION TONNES COPPER METAL For personal use only Initial MRE (Inferred) published in July 2023: 415Mt @ 0.25% Cu + 31ppm Mo Over 1 million tonnes copper and >28Mlb molybdenum in mineral resource estimate. GRADE UPSIDE: Majority of post MRE drilling has intersected thick, n
Slide 8: Excellent Infrastructure in Low-Risk Jurisdiction
Excellent Infrastructure in Low-Risk Jurisdiction GOOD INFRASTRUCTURE REDUCES CAPITAL COSTS For personal use only 60km from deep-water port (Gladstone). Multiple high-voltage power lines within 10-15km. Heavy haulage railway currently used for coal exports. Multiple gas pipelines. Major
Slide 9: Summary of 2024 Progress at the Briggs JV Copper Project
Summary of 2024 Progress at the Briggs JV Copper Project Alma completed Stage-2 of the Earn-In to reach a 51% JV interest and has committed to Stage-3 to reach 70% interest For personal use only ($10m expenditure by 30 June 2031). Successful completion of a ~3,000m core drilling program: Best
Slide 10: Successful 2024 Drilling Program has Confirmed Shallow, Higher Grades
Successful 2024 Drilling Program has Confirmed Shallow, Higher Grades Drilling has strongly validated gridded soil sampling data as a useful guide to locating sub-surface grades For personal use only >0.3% Cu, particularly the top 200m. Strong assay results from first six drill holes in 2024.
Slide 11: 2024 Assay results
2024 Assay results OUTSTANDING RESULTS FROM 2024 C C’ CORE DRILLING PROGRAM Best-to-date intersection at Briggs with: For personal use only 276m @ 0.45% Cu and 24ppm Mo from surface Including 49m @ 1.01% Cu, 17ppm Mo from 3m 2024 assays to date include: Hole ID Depth From Depth To Interval C
Slide 12: 2024 Drilling Confirmed Higher Copper Grades around Intrusive Contact
2024 Drilling Confirmed Higher Copper Grades around Intrusive Contact Northern Porphyry 3D model of Cu distribution (>0.20% Cu) For personal use only derived from all drilling and soil sampling 50Mt @ 0.24% Cu + 32ppm Mo Exploration Target Outline Briggs Porphyritic Granodiorite (interpreted 3D geom
Slide 13: Surficial Oxide Zones Warrant Further Review
Surficial Oxide Zones Warrant Further Review High-grade copper in surficial oxide/supergene zones caused by weathering seen in many holes such as For personal use only 24BRD0026, 23BRD0021. OXIDE 0.8% Cu All holes drilled to date show evidence of copper oxide mineralisation with average ~20m thi
Slide 14: Briggs Scoping Study Progress
Briggs Scoping Study Progress Infill Drilling (completed) + Resource Update (Q1, 2025) For personal use only Detailed (80m-spacing) drilling to evaluate SW margin of Briggs Central. Conversion of a significant portion of resource to JORC Indicated in Q1, 2025. Provision of material for metal
Slide 15: East Kimberley Copper Project
East Kimberley Copper Project FIRST MOVER OPPORTUNITY FOR HIGH-GRADE COPPER Seven exploration licences (100% ALM) in the East Kimberley District of WA. For personal use only Highly prospective for sediment-hosted, stratiform copper mineralisation like the world class central African Copper Belt
Slide 16: Developing a large-scale copper project at an opportune time
Alma: Developing a large-scale copper project at an opportune time, in a low-risk jurisdiction, close to excellent infrastructure, and with enormous leverage Large resource at Briggs with >1M tonnes Cu metal For personal use only Resource upside and potential to increase grade Successful 2024
Slide 17: For personal use only
For personal use only High-grade copper mineralisation in the form of chalcopyrite in magmatic quartz vein. Hole 24BRD0024 at 169.0m down-hole depth from a sample which assayed 0.7% Cu and 418 ppm Mo over a 2.0 m interval. Core diameter 61.1mm.