Alien Metals Ltd · LSE:UFO

Alien Metals — Investor Presentation (May 2023)

18 slides from Alien Metals's investor presentation, May 2023

  1. Slide 1: Corporate Presentation

    Corporate Presentation May 2023 AIM:UFO | 1

  2. 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

  3. Slide 3: Portfolio Summary

    Portfolio Summary DSO Iron, Bonanza Grade Silver and Bulk Tonnage PGMs Iron Ore Silver/PGM Hancock Elizabeth Hill - Silver Ore Reserve: 1.9Mt @ 60.2% Fe Pre-JORC Compliant 4.05 Moz Ag at 200 g/t Ag cut off Resource: 9.1Mt @ 60.3% Fe • Previously produced 1.2 Moz silver @ 70.6ozt/t Ag 1 Capex: Target

  4. Slide 4: Board and Management

    Board and Management Recognised Experts with a Proven Track Record of Building Value Guy Robertson TROY WHITTAKER ROD MCILLREE Executive Chairman Chief Executive Officer Executive Director Guy has ~40 years’ corporate and mining Troy has 20+ years project development and Rod is an experienced mining

  5. Slide 5: Three Pillars to Forge a Sustainable Future

    Iron Ore Projects Three Pillars to Forge a Sustainable Future Environment Social Governance The Company’s vision is to be a Developing mutually beneficial The Company adheres to the highest responsible caretaker of the relationships with local communities levels of corporate governance in environmen

  6. Slide 6: Pilbara Projects

    Pilbara Projects A Diversified Portfolio in the World’s #1 Mining Jurisdiction • Two Prospective Iron Ore Mining Hubs 1 . N e w m a n - H a n c o c k Project 2. West Pilbara - B r o c k m a n and Vivash G o r g e Projects • A unique multi-commodity, precious metal rich project in the Munni Munni/Eli

  7. Slide 7: About the Hancock Project

    About the Hancock Project Located in a Well-established Iron Ore Precinct – Newman, Pilbara WA • 1 7 k m from Newman • Scoping Study Completed • Capex: targeted at ~US$20m (<US$30m stated in scoping study) • Opex: <US$60/t (FOB Port Hedland) • Mine rate of 1.2mtpa is expected to be extended • Near 1

  8. Slide 8: Hancock Project – Tenement Potential

    Hancock Project – Tenement Potential Huge Resource Expansion Potential • D S O grade mineralisation discovered across the Western Ridge targets • Parallel mineralisation has now been confirmed to the south across several ridges parallel with the regional E-W strike within the tenement • The Kalgan p

  9. Slide 9: Hancock Project – Ridges Overview

    Hancock Project – Ridges Overview AIM:UFO | 9

  10. Slide 10: Hancock Project – Development Poised

    Hancock Project – Development Poised Site Overview • Fixed Tender responses received from Suppliers for material packages • Pricing in line with Scoping Study estimates and assumptions • Tender evaluation underway and ongoing AIM:UFO | 10

  11. Slide 11: Hancock Project Timelines

    Hancock Project Timelines November 2019 Alien acquire 51% of Hammersley projects 2023 start September 2020 Detailed geological mapping and sampling January – March 2021 Maiden Drilling June-July 2021 2nd Phase Drilling End of Q1 2023 September 2021 Maiden Inferred JORC Resource of 10.4Mt @ 60.4% Fe

  12. Slide 12: Brockman

    Brockman DSO Rock Chips Returned • Project contains edge of historic BHP deposit 19, BHP 2 0 deposit and northern extension of BHP 1 5 deposit • Recent field work confirmed historic work by BHP who reported 4 samples from BHP 2 0 assayed (A verage 6 2 % Fe) • Dales Gorge M emb er of the Brockman For

  13. Slide 13: Vivash Gorge

    Vivash Gorge A High Prospect Project Surrounded by Mining Giants • Vivash Gorge (E47/3071) covers ~ 4 7 k m 2 and is strategically located 60km south of the Company’s Brockman project and only 8 0 k m from Tom Price • Fortescue Mining Group (FMG) has defined a High Grade Iron O re Mineral Resource o

  14. Slide 14: Munni Munni PGM / Elizabeth Hill Silver

    MUNNI MUNNI PGM ELIZABETH HILL SILVER PGM/SILVER/COPPER/NICKEL PROJECT, WESTERN AUSTRALIA Source: Platina Resources Ltd AIM:UFO | 14

  15. Slide 15: Munni Munni PGM

    Munni Munni PGM A Unique and Compelling Multi-commodity, Multi-target Project • One of the largest undeveloped primary PGM Resources in Australia • Historic non-compliant JORC 2004 Resource estimate implied 24Mt @ 2.9g/t PGM and gold • For 2.2Moz PGM and gold consisting of 1.14Moz Pd, 0.83Moz Pt, 15

  16. Slide 16: Elizabeth Hill

    Elizabeth Hill A Previously Producing High-grade Silver Mine • Pre JORC Compliant Resource of 4.05 Moz Ag at 200g/t Ag cut off • Mined 1.2 Moz silver @ 70.6ozt/t Ag (2,195g/t Ag) from 1999-2000, underground only • Maiden drilling highlights: • 19.7m @ 102.8ozt/t Ag (3,198g/t Ag) from 5m in drillhole

  17. Slide 17: Elizabeth Hill – Re-examined

    Elizabeth Hill – Re-examined Potential for a Bulk Tonnage Resource • Re-interpretation of EH geological model extends area of known mineralisation demonstrate potential for a high-grade bulk tonne silver rich polymetallic orebody at Elizabeth Hill • Re-examination & reinterpretation of EH data demon

  18. Slide 18: Contact Information

    Contact Information Troy Whittaker Chief Executive Officer Email: troywhittaker@alienmetals.uk @AlienMetals linkedin.com/alienmetals AIM:UFO | 18

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