Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (August 2022)
25 slides from Alchemy Resources's investor presentation, August 2022
Slide 1: Investor Presentation
Investor Presentation August 2022 | ASX:ALY www.alchemyresources.com.au
Slide 2: Disclaimer
DISCLAIMER Disclaimer This presentation has been prepared by Alchemy Resources Limited (Alchemy or the Company). This document contains background information about Alchemy current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or compl
Slide 3: Investment Snapshot
Investment Snapshot Advanced Gold, Base and Battery metals in WA & NSW KARONIE, Western Australia (ALY 100%) • Lithium bearing pegmatites recently discovered • Dominant land position adjacent to existing mines BRYAH, Western Australia (ALY 20%) • Exploration: Sandfire Resources (ASX: SFR) • Developm
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE BOARD & MANAGEMENT NON-EXECUTIVE CHAIRMAN LINDSAY DUDFIELD Geologist, +40 years experience, Exec Director Jindalee Resources, NED Energy SHARES ON ISSUE 953M Metals JAMES WILSON CHIEF EXECUTIVE OFFICER 2 Geologist, +20 years experience, formerly analyst for promi
Slide 5: Western Australia: Gold & Battery Metals Projects
Western Australia: Gold & Battery Metals Projects A STRATEGIC POSITION IN A WELL-ENDOWED PRECIOUS METALS BELT LAKE REBECCA KARONIE: • 110km east of Kalgoorlie – 1,238km2 tenement package • No previous exploration for Lithium • 111koz Maiden Gold Resource released in September 20213 LAKE REBECCA (Und
Slide 6: Karonie: Lithium
Karonie: Lithium Lithium & pathfinder anomalism identified • Review of soil sampling data highlighted widespread lithium + pathfinder anomalism4 • 8km from Global Lithium (ASX:GL1) “Manna” deposit • Independent Geochemistry review identified 15 initial targets • Ground truthing revealed numerous out
Slide 7: Karonie: Lithium – A commanding land position
Karonie: Lithium A commanding land position in proximity to existing Lithium deposits • ALY has majority granted tenure in proximity to Global Lithium (ASX:GL1) Manna Deposit Global Lithium Resources ASX: GL1 • Tenure secured on the east, west and Manna Lithium Deposit southern extents of the deposi
Slide 8: Karonie: Lithium – New Lithium Targets
Karonie: Lithium NEW LITHIUM TARGETS Cherry, Hickory, Mesquite & Pecan • Soil Geochemistry identified broad pathfinder anomalism (Rb, Sn, Cs, Ta)6 • Outcropping pegmatites discovered over soil anomalism at Hickory & Cherry • Lithium anomalies sit within the prospective “Goldilocks Zone” corridor in
Slide 9: Karonie: Lithium – The right rocks, the right location
Karonie: Lithium The right rocks, the right location7 7 Refer to Alchemy ASX announcement dated 5 July 2022 8
Slide 10: Karonie: Lithium – Anomalous surface geochemistry
Karonie: Lithium Cherry, Hickory, Mesquite & Pecan display highly anomalous surface geochemistry • Rock-chip sampling has returned highly elevated pathfinder elements across the 7.3km x 1.5km prospect area • Strong coherent Tantalum grades >118ppm8 over the Hickory Prospect • Highly elevated Tin, Ru
Slide 11: Karonie: Lithium – Geochemistry ratios of rock chips
Karonie: Lithium Geochemistry ratios of rock chips show we are in a fertile and evolved zone9 Mg/Li Ratio Mg/Li vs Nb/Ta Ratio 9 Refer to Alchemy ASX announcement dated 27 May 2022 10
Slide 12: Karonie: Lithium – Numerous regional targets to test
Karonie: Lithium Numerous regional targets to test • 15 regional targets to test within 20km area along strike from Cherry/Hickory • Further 50km of granite contact zone to test longer term • Numerous other areas which are prospective for Lithium on existing 100% owned tenure • Belt scale soils prog
Slide 13: Karonie: Gold
Karonie: Gold A traditional gold province for many decades… • Adjacent to the SLR:ASX Aldiss Mining Operation (currently operating) • Maiden 111,100oz Resource released in mid-20213 • Shallow 100% owned resources within 150m of surface • Historic RAB drilling at Karonie East did not penetrate younge
Slide 14: Lake Rebecca
Lake Rebecca LAKE REBECCA - (ALY 100%) • Strategic landholding in a multi-million ounce corridor • 6km West of Ramelius (1.1Moz¹¹) 20km north BRB (1.7Moz¹²) • Dominant tenure along the Claypan and Keith Kilkenny Fault zones • Exploration data compilation underway • Land Access Agreements nearing com
Slide 15: Bryah Basin Joint Ventures (ALY 20%)
Bryah Basin Joint Ventures (ALY 20%) 13 Refer to Alchemy ASX announcement dated 24 February 2015 14 Refer to Alchemy ASX announcement dated 8 May 2019 14
Slide 16: New South Wales Projects: Cobar Basin & Lachlan Fold Belt
New South Wales Projects: Cobar Basin & Lachlan Fold Belt (ALY 80%: DVP 20%12) HIGH QUALITY PROSPECTS: • MELROSE (IRGS Au-Cu) • YELLOW MOUNTAIN (Cu-Au porphyry, VMS) - Heritage Clearance Survey underway • OVERFLOW (high grade Au + base metals) • WEST LYNN / SUMMERVALE • HPA and Nickel Cobalt Resourc
Slide 17: New South Wales Projects
New South Wales Projects • NSW Projects in Joint Venture with Develop Global (ASX:DVP)17 • Alchemy 80% interest and operator of JV • YELLOW MOUNTAIN (High grade Cu-Au) – not drilled since 1986 • MELROSE (IRGS Au-Cu) – Proximal to Mineral Hill Mine • OVERFLOW (high grade Au + base metals) – Resource
Slide 18: NSW Projects – Yellow Mountain Mine Prospect
NSW Projects – Yellow Mountain Mine Prospect Extensive historic workings not drilled since 1986 • Historic drilling intercepts18: • 52m @ 0.54g/t Au, 0.31% Cu 35g/t Ag, 1.15% Pb and 1.28% Zn • 40m @ 0.49g/t Au, 0.34% Cu 29g/t Ag, 1.18% Pb, 1.81% Zn • Grab samples of 7.15% Cu, 6.4% Pb in mullock stoc
Slide 19: NSW Projects – Overflow
NSW Projects – Overflow OVERFLOW • 20km north of Yellow Mountain • Best historic intercept • 6m @ 7.6g/t Au, 3.6% Zn, 1.6% Pb20 • 10m @ 4.4g/t Au, 3% Zn, 1.3% Pb20 • Mineralisation traced over 700m strike • Open down plunge • Drill testing in late CY2022 20 Refer to Alchemy Resources ASX Announcemen
Slide 20: NSW Projects – West Lynn
NSW Projects – WEST LYNN WEST LYNN Ni-Co-HPA • Advanced critical metals • Metallurgical test-work completed in 201922 • HPA Product achieved – requires additional test work to achieve 4N quality • HPA Deposit sits above Ni-Co Resource and could be mined concurrently • Strategic Review underway21 21
Slide 21: Indicative Exploration Timeline – strong pipeline of news flow
Indicative Exploration Timeline – strong pipeline of news flow* KARONIE (ALY 100%) Q1 2022 Q2 2022 Q3 2022 Q4 2022 Karonie East Gilmore Aircore & RC drilling Complete Complete Pecan, Hickory, Cherry, Mesquite Cherry/Hickory RC Drilling Lithium infill soils In Progress Karonie East 60km corridor Lith
Slide 22: Alchemy – Investment Thesis
Alchemy – Investment Thesis Enterprise Value ~$15m highly leveraged to exploration success KARONIE / LAKE REBECCA (WA) LCT Pegmatite Potential – Infill soils due in Q3, drilling to follow access approvals 111koz Resource adjacent to existing operations, close to infrastructure and milling BRYAH BASI
Slide 23: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table A: Hermes South Joint Venture Indicated and Inferred Mineral Resource Estimate (compliant with the JORC Code 2012 guidelines) Hermes South Tonnes (Mt) Grade (g/t Au) Au (Ounces) Indicated 1.29 1.7 72,000 Inferred 0.95 1.4 42,000 Total 2.24 1.6 114,000 Notes: • Joi
Slide 24: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table D: Karonie Project Inferred Resource Notes: • All figures rounded to reflect the appropriate level of confidence (apparent differences may occur due to rounding) • Refer to Alchemy ASX announcement dated 31 August 2021 24 23
Slide 25: Enquiries
ENQUIRIES: CONTACT: JAMES WILSON, CEO E: james@alchemyresources.com.au P: 08 9481-4400 W: alchemyresources.com.au
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