Alvo Minerals Limited · ASX:ALV
Alvo Minerals — Mining News Select Conference (September 2023)
23 slides from Alvo Minerals's conference presentation, September 2023
Slide 1: Active Brazilian Critical Minerals Explorer
Active Brazilian Critical Minerals Explorer Mining News Select Conference September 2023
Slide 2: Disclaimer
Disclaimer This presentation: This presentation has been prepared to provide general information and does not contain all information about Alvo Minerals Limited (ACN 637 802 496) (Alvo or the Company), its assets and liabilities, financial position and performance, profits and losses or prospects.
Slide 3: Corporate Overview - Framework for Discovery
Corporate Overview- Framework for Discovery Low Shares On Issue Board and Management 93.1 Exploration success can materially Alvo’s board has significant minerals exploration and million impact share price mining experience in Brazil and around the world. Graeme Slattery Experienced team in Brazil t
Slide 4: Alvo: The Active Brazilian Explorer
Alvo: The Active Brazilian Explorer Extensive geological logging, Over 22,000m of Diamond ~ 9,500 core geophysical surveys & studies Drilling conducted since Oct 2021 samples collected of physical properties ALV IPO Afla Earn-in Bluebush REE OCTOBER 21 MARCH 23 JUNE 23 C4 Initial focus on C3 & C1 Di
Slide 5: Two Highly Prospective Projects in Brazil
Two Highly Prospective Projects in Brazil Strong community and political support Access to multiple hydroelectricity options Multiple rail options accessing ports and smelters Sealed roads to project ASX:ALV 5
Slide 6: Bluebush HREE Project Highlights
Bluebush HREE Project Highlights Adjacent to the World Class Serra Verde REE Mine Bluebush held privately since 2004. Exceptional HREE’s of up to 76%, Serra Verde was discovered in ~2011 High % of MREE up to 35% Alvo’s active in-country exploration & in preliminary Auger drilling relationships secur
Slide 7: EV Permanent Magnets NEED specific REEs
EV Permanent Magnets NEED specific REEs EV Rare Earth Permanent Magnet Motor 30% 67% 3% Iron - Boron NdPr DyTb Primarily used for Electric vehicles Highest efficiency and lowest cost: Battery costs reduced by 30% (lower Bluebush is lithium, cobalt & nickel content). enriched in Compact: Lower size a
Slide 8: Premier Location in Brazil
Premier Location in Brazil • Brazil is emerging as one of the most important locations for Rare Earth Element (REEs) globally. • Alvo has been operating in Brazil for the last 2 years, proximal to the Bluebush project. • Directors and Brazilian Exploration team have decades of local experience, have
Slide 9: Bluebush HREE Project
Bluebush HREE Project 120km2 landholding adjoining Serra Verde (SV) and Alvo’s Palma Project • SV is only operating IAC* project outside of China • Serra Verde MRE of 910Mt @ 1,200ppm • Simple processing route- Currently Commissioning • Bluebush is in the same geological setting Bluebush held privat
Slide 10: Bluebush Project – Boa Vista Preliminary Auger Results
Bluebush Project– Boa Vista Preliminary Auger Results • Results from first 18 holes- Boa Vista Prospect only • All drilling mineralised (bar 1) and most ended in mineralisation • Exceptional HREO and MREO ratios, meaning the potential value of >180 holes in ‘basket’ will be high the lab for assay an
Slide 11: Boa Vista Prospect - First results from Auger
Boa Vista Prospect- First results from Auger • First results from 18 of ~200 holes • All (bar 1) holes mineralised- indicating extensive mineralisation • Results cover 2km of strike- majority of holes end in mineralisation • Boa Vista is only one (1) of seven (7) high priority prospects defined at B
Slide 12: The Palma VMS Project
The Palma VMS Project Palma Project is a high-grade, Cu-Zn rich VMS district scale opportunity in Brazil - largely idle for over 30 years (1970’s) VMS targets occur in clusters - Dominant land position (>850km2) with >70km of prospective strike – new C4 VMS discovery JORC MRE of 4.6Mt @ 1.0% Cu, 3.9
Slide 13: Palma: A new VMS camp
Palma: A new VMS camp • Volcanogenic Massive Sulphide (VMS) deposits occur in clusters that define MAJOR 60 km mining camps • VMS are important global sources of Cu, Zn, Pb, Ag and Au • Palma has the right rocks to become a new VMS camp – new discoveries only possible with Exploration- ALVO is ACTIV
Slide 14: C4 - "Brownfields VMS Discovery"
C4 - “Brownfields VMS Discovery” Discovery hole PD4-084 = widest Intercept at Palma to date • Maiden diamond drilling at C4 intercepted broadest alteration and mineralisation drilled at Palma to date • PD4-084: 9m @ 0.9% CuEq or 2.2% ZnEq from 113m • PD4-084: 37m @ 1.9% CuEq or 4.6% ZnEq from 127m o
Slide 15: C4 - "Brownfields VMS Discovery"
Mineralisation within a Broad C4- “Brownfields VMS Discovery” Alteration Halo • C4 located only 5km SW from C1 • If drilling continues to intercept broad mineralised zones, C4 could be quickly added to an updated MRE (currently underway at for C1 and C3) • Drilling at PD4-088 (results pending) has i
Slide 16: C3: High grade Copper and Zinc
C3: High grade Copper and Zinc C3 JORC 2012 MRE of 2.8Mt @ 1.1% Cu, 4.3% Zn, 0.2% Pb & 23g/t Ag – based on historic drilling only- update in Q4 2023 New Alvo drilling - multiple high-grade intercepts drilled will grow the resource • PD3-001: 25.0m @ 6.3% CuEq or 15.34% ZnEq • PD3-007: 23.2m @ 5.5% C
Slide 17: C3 Prospect: Thick and High Cu Grades
C3 Prospect: Thick and High Cu Grades ASX:ALV 17
Slide 18: C1 Prospect: Shallow, High-grade
C1 Prospect: Shallow, High-grade • C1 is mineralised over 1.2km of strike - open at depth and along strike • Alvo utilising all DHEM and FLEM tools to find southern extension • Diamond drilling intercepted significant polymetallic massive/semi-massive and disseminated sulphides o PD1-019: 21.8m @ 4.
Slide 19: Palma Exploration
Palma Exploration Multi-Discipline, Multi-Target- Driving towards Diamond drill testing Resource Definition C1, C3 C4, C5, Urubu TG01, TG02.. TG07 VTEM (15 Priority) & 60km of Soils 0 5 Resource Definition Drill Testing Mapping, Geochem, Geophysics Conceptual ASX:ALV Alvo VTEM Targets 19
Slide 20: Urubu Prospect - extension of C3?
Urubu Prospect- extension of C3? Urubu (Vulture) has coincident soils and IP chargeability, FLEM survey has confirmed a conductor of similar conductivity thickness to C3 FLEM survey indicates a thickness/conductivity similar to C3 (~1,000 siemens) Additional Soils and Auger drilling planned before d
Slide 21: C5: Exploration
C5: Exploration C5 exploration is one of multiple advanced prospects • CPRM completed soils and a single (mineralised) drillhole (not located) • 3 coincident elongated Cu/Zn/Pb anomalies- each > 1km Alvo completed 800 x 50m soils- infill to 400 x 50m confirmed soil anomalies IP survey complete stron
Slide 22: Advancing Critical Minerals in Brazil
Advancing Critical Minerals in Brazil Q3 23 Q4 23 Q1 24 Q2 24 BLUEBUSH REE Auger drilling Ionic Clay Preliminary Testwork Diamond drill testing Decision on Bluebush REE Due Diligence PALMA – C4 PROSPECT Maiden diamond drilling PALMA - C1 & C3 PROSPECT DHEM surveys on phase 1 & 2 drill holes PALMA RE
Slide 23: Thank you
Thank you Rob Smakman Managing Director +61 402 736 773 rob@alvo.com.au
Alvo Minerals — Mining News Select Conference (September 2023) on 6ix