Apollo Minerals Limited · ASX:AON
Apollo Minerals — Investor Presentation (November 2022)
26 slides from Apollo Minerals's investor presentation, Nov 24, 2022
Slide 1: Kroussou: An Emerging Globally Significant Base Metal Discovery
For personal use only Kroussou An Emerging Globally Significant Base Metal Discovery Corporate Presentation November 2022 1 ABN: 96 125 222 924
Slide 2: Our vision
Apollo Minerals is an exploration company focused on developing the large scale, near surface zinc-lead Kroussou project in Gabon. For personal use only Our vision To realise Kroussou’s province-scale Zinc potential and create maximum value as a low Page 2 carbon, globally responsible base metals pr
Slide 3: Value Drivers
Value Drivers Emerging Globally Significant Base Metal Discovery For personal use only Initial Exploration Target of 140-300Mt Potential to be a Super Giant base metal @ 2%-3.4% Zn+Pb* project (>300Mt) Based on only 6 of 23 defined base metal Target Prospects Newly discovered high grade, shallow mas
Slide 4: Gabon: Africa's Emerging Low-Carbon Mining Powerhouse
Gabon Africa’s Emerging Low-Carbon Mining Powerhouse For personal use only Supportive Operating Environment Modern and Royalty of 3-5% transparent on base metals Tax holidays VAT Exemption of between 3-8 years Worlds Largest Carbon Credits Scheme in Progress Proven Mining, Oil and Gas Sector GABON W
Slide 5: Zinc | A Critical Metal
Zinc | A Critical Metal New Mines Are Essential To Meet Demand For personal use only Zinc is seeing a mounting supply deficit and a demand surge 4 out of 10 major producers Current demand mainly driven by the estimated to have less than production of galvanised 10 years remaining of mine life stee
Slide 6: Major Zinc-Dominant Sulphide Discovery
Major Zinc-Dominant Sulphide Discovery Emerging Globally Significant Base Metal Project For personal use only Province-scale sedimentary hosted base metal system Apollo Minerals discovery drilling since April 2021 >300km of prospective embayment contacts over a 135km trend Less than 12% of embay
Slide 7: A Globally Significant Project
A Globally Significant Project Kroussou is an Emerging Globally Significant Base Metal Discovery For personal use only Few deposits that have comparable scale – Globally significant discovery – Tier 1 Excellent potential to grow initial Exploration Target to be a Super Giant base metal project (>300
Slide 8: Super Giant Potential
Super Giant Potential Initial Exploration Target demonstrates Kroussou’s potential to be a Super Giant deposit For personal use only World Deposits World Deposits 100 Red Dog Dugald River 10 McArthur River Admiral Bay Century Howards Pass Zn+Pb % Gamsberg Broken Hill Mount Isa Kroussou 1 Earaheedy E
Slide 9: Province-Scale Discovery Potential
Province-Scale Discovery Potential Unique, shallow, sulphide, potential open-pit opportunity For personal use only 135km of Prospective Strike, prospective for three main styles of mineralisation Main focus to date has been southern permit (G4-569) 23 defined ‘Embayment’ style Target Prospects; in
Slide 10: Multiple-Style Sulphide Base Metal System
Multiple-Style Sulphide Base Metal System Mississippi Valley Type (‘MVT’), Embayment and Structural Fault/Feeder Styles For personal use only Significant scale potential with three target styles over a 135km trend Embayment Style: Shallow, flat lying, extensive 23 defined separate targets Multi-
Slide 11: Target Prospect (Niambokamba)
Target Prospect 13 (Niambokamba) Significant High Grade Structural Mineralisation Discovered For personal use only Initial Exploration Target has defined 25Mt-53Mt @ 2.6%-5.0%1 Embayment style mineralisation 8km of embayment trend, only 1.3km tested Massive-Sulphide Structural Style Mineralisation
Slide 12: Target Prospect (Dikaki)
Target Prospect 11 (Dikaki) Shallow, open-pit potential For personal use only Initial Exploration Target 50Mt-100Mt @ 2.0%-3.1%1 Embayment style mineralisation Shallow, wide (up to 1km) valley fill with multiple mineralised horizons. 9km of embayment trend Only 1.3km of >8km trend drill tested by
Slide 13: Excellent Metallurgy
Excellent Metallurgy World Class Recoveries and Concentrate Grades For personal use only High Zinc concentrate: Kroussou Recoveries vs Global Producers 53% Zn 93% Company Apollo MMG MMG NCZ Nexa Glencore concentrate recovery Project Kroussou Dugald Rosebery1 Century2 Vazante3 McArthur grade River1 R
Slide 14: Next Steps
Next Steps For personal use only Pending news flow including: Update of new exploration results from 2022 field work Targeting update from regional airborne geophysical survey Recommencement of field activities (Q1 23) including: Mapping and soil geochemistry over the new Keri permit Field v
Slide 15: Executive & Management
Executive & Management Extensive Development and Mining Experience Across Africa For personal use only John Welborn Neil Inwood Hugo Schumann Non–Executive Chairman Managing Director Non–Executive Director Mr Welborn is a highly accomplished and internationally Mr Inwood is a Geologist with over 25
Slide 16: Corporate Overview
Corporate Overview ASX: AON – Apollo Minerals For personal use only 482 M Ownership Structure Ordinary shares on issue A $0.050 Board & Management Share price 21-Nov-22 15% AU $24.1M Top 20 Shareholders Market cap 21-Nov-22 50% $2.4M Incl. Cash at 30-Sept-22 and $0.4M in shares Page 16
Slide 17: Appendix
For personal use only Appendix
Slide 18: Zn+Pb Mine Analogies - Perring and Laisvall
Zn+Pb Mine Analogies - Perring and Laisvall For personal use only Mine Perring, South Africa 1, 2, 3 Laisvall, Sweden 4, 5, 6 Years in Operation 1986-2003 (17 Years) - BHP 1942-2001 (~50 years) - Boliden Operation Open Pit (two pits to 120m depth) Underground (room & pillar methods) Total Production
Slide 19: Kroussou: Initial Exploration Target
Kroussou: Initial Exploration Target Based on only six of 23 Target Prospects For personal use only Kroussou Initial Exploration Target1 (refer ASX announcement 9 November 2022) Metal Metal Min. Max. Min Grade Max Grade Content Content Target Prospect Tonnage Tonnage Zn+Pb(%)2 Zn+Pb(%)2 Min. Mt Max.
Slide 20: Kroussou: Initial Exploration Target Explanation
Kroussou: Initial Exploration Target Explanation of Exploration Target For personal use only The initial Exploration Target for Kroussou is detailed in the ASX announcement dated 9 November 2022, titled “Initial Exploration Target Kroussou Zinc Lead Project”. The Exploration Target table and figure
Slide 21: Strong National Infrastructure
Strong National Infrastructure Clear Pathway to Market For personal use only Exploration Access Supports strong logistical flow of equipment and staff between capital and site Sealed N1 road access from Libreville to nearby town of Yombi Good access for Site exploration and Access excellent opti
Slide 22: Zinc Demand
Zinc Demand Demand Through New Uses For personal use only Zinc’s Role in renewable energy Production2 Offshore Wind Turbines Four tonnes of zinc coating to handle extreme environmental conditions Electric Vehicles Galvanized steel requires zinc and is the preferred material used by electric vehi
Slide 23: Zinc Batteries
Zinc Batteries Developing Technology for Large-Scale Battery Storage For personal use only Cheaper zinc batteries can help deliver Cumulative installed power output Challenges with utility scale full potential of renewable energy1 and energy storage capacity1 Li-ion batteries1 Stationary power sto
Slide 24: Information Sources
Information Sources Exploration Target Comparison References For personal use only Table summarising comparative publicly reported Zn/Pb JORC Exploration Targets. Note: Mid-point grade and tonnage data has been plotted in the scatter plot to display a representation of the Exploration Tonnage ranges
Slide 25: Disclaimer
For personal use only Disclaimer Forward Looking Statements Cautionary Statements & Important Information Competent Persons Statement This presentation may include forward-looking This presentation has been prepared by Apollo The information in this presentation that relates to statements. These for
Slide 26: Apollo Minerals Limited
Apollo Minerals Limited (ASX: AON) www.apollominerals.com info@apollominerals.com For personal use only Perth Level 9, 28 The Esplanade, Perth, WA 6000 Phone Fax +61 8 9322 6322 +61 8 9322 6558
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