Alma Metals Limited · ASX:ALM
Alma Metals — Investor Presentation (July 2022)
23 slides from Alma Metals's investor presentation, Jul 21, 2022
Slide 1: Investor Presentation announcement cover note
21 July 2022 For personal use only INVESTOR PRESENTATION Alma Metals Limited (ASX: ALM) is pleased to attach a copy of its latest investor presentation, which follows the recent announcement of its commitment to an earn-in joint venture to evaluate Briggs porphyry copper deposit in Queensland. Manag
Slide 2: Advanced copper exploration in Australia
For personal use only July 2022 Advanced copper exploration in Australia ASX: ALM
Slide 3: Copper Exploration Portfolio Summary
Copper Exploration Portfolio Summary For personal use only Earn-In option exercised over Briggs Copper Project in East Kimberley Queensland, ALM can earn up to 70%. Copper Next phase of drilling at Briggs to start in H2 2022, to test exploration targets, increase resource size and provide materi
Slide 4: Strategic Focus on Australia and Copper
Strategic Focus on Australia and Copper For personal use only Very strong fundamentals for long-term growth in copper market. ALM seeking to expand portfolio with more exposure to copper Focus on Tier 1 fiscal jurisdictions. Demand for copper increasing for global de-carbonisation (renewable
Slide 5: Copper's role in Global De-carbonisation
Copper’s role in Global De-carbonisation For personal use only Source: Trafigura Research April 2022 Slide 4 Source: Bloomberg, WoodMac, UBS estimates May 2021
Slide 6: Copper Demand to Drive Long-Term Growth
Copper Demand to Drive Long-Term Growth For personal use only Short term downward pressure on copper prices due to slight oversupply between 2023 and 2024. Market into strong deficit by 2026, with a supply shortfall from 2026 to 2030 and beyond. Need multiple, large new mines on-stream by 2026
Slide 7: ALM: Corporate snapshot
ALM: Corporate snapshot For personal use only Alasdair Cooke Executive Chairman SHARES ON ISSUE: 740M Geologist and founding director, 30 years in exploration OPTIONS: 40.0M Frazer Tabeart Managing Director Geologist, Cu-Au expert, >30 years in exploration CASH: ~A$1.5M John Dean Non-Exec Director V
Slide 8: Briggs, Mannersley & Fig Tree Hill Location
Briggs, Mannersley & Fig Tree Hill Location For personal use only Provides ALM with exposure to a large, outcropping low-grade copper deposit in an excellent jurisdiction and with significant upside. Excellent infrastructure, close to road, rail, power, water and only 50km west of Gladstone, SE
Slide 9: Briggs, Mannersley & Fig Tree Hill Cu project
Briggs, Mannersley & Fig Tree Hill Cu project For personal use only SE Queensland - low risk, Tier 1 jurisdiction. Advanced porphyry copper project with 143Mt @0.29% Cu inferred mineral resource (JORC) at Briggs Central Porphyry. Significant opportunity to grow the project, with an Exploration
Slide 10: Excellent Preliminary Metallurgy Test Results
Excellent Preliminary Metallurgy Test Results For personal use only Three representative types of mineralisation delivered copper flotation recoveries of 92-95% and concentrate grades of 17-20% copper These results are scoping level and not optimized. Upside potential to improve concentrate gr
Slide 11: Surface Geochemistry is Very Effective
Surface Geochemistry is Very Effective For personal use only Mineralisation outcrops over >2km strike length, but most of the drilling focused in the central 500m only (Briggs Central). Soil sampling is very effective in outlining copper mineralisation. 0.1% Cu contour outlines three mineralis
Slide 12: Magnetic Lows Correlate with Mineralisation
Magnetic Lows Correlate with Mineralisation For personal use only Magnetic data collected in 2015 by Rio Tinto Exploration highlights the intrusive clusters as magnetic lows. These lows are interpreted as magnetite destruction caused by phyllic (quartz- sericite-pyrite) alteration. The presenc
Slide 13: 2021 RC Drilling Program Highlights Upside
2021 RC Drilling Program Highlights Upside For personal use only Twelve RC holes completed in late 2021. Porphyry Cu-Mo mineralisation intersected in drilling at both the Northern and Southern Porphyry targets, significantly increasing the strike length of known mineralisation. Cu-Mo mineralis
Slide 14: Briggs Central – RC Drilling Results
Briggs Central – RC Drilling Results For personal use only Holes 21BRC0002 to 21BRC0005 confirmed that copper occurs outside the current resource envelope, indicating that the resource can be expanded with further drilling. Hole 21BRC0012 confirms higher grade copper zones, like those in histori
Slide 15: Northern Porphyry – RC Drilling Results
Northern Porphyry – RC Drilling Results For personal use only The Northern Porphyry has a similar tenor copper-in-soils geochemical footprint to the Central Porphyry with anomalous copper greater than 1,000ppm over an area measuring 600m x 400m. 21BRC010 drilled into the peak of the copper soil
Slide 16: Large Upside – Exploration Targets
Large Upside – Exploration Targets For personal use only Exploration targets have been developed with the following information used to determine size and grade ranges: Surface area determined by geological mapping and 0.1% Cu contour in soils. Similar depth extent to published mineral resourc
Slide 17: Next stages in SE Queensland
Next stages in SE Queensland For personal use only Short term (next six months): Additional drilling (~3,000m) to validate exploration targets at Northern Porphyry and Briggs Central to commence in H2. Complete soil sampling program on 100m x 50m grid. Metallurgical test-work to confirm prev
Slide 18: East Kimberley copper projects
East Kimberley copper projects For personal use only Five exploration licences under application (100% ALM) in the East Kimberley District of Western Australia: Considered highly prospective for sediment-hosted, stratiform copper mineralisation like the world class central African Copper Belt (Z
Slide 19: SW Terrane copper-gold exploration in WA
SW Terrane copper-gold exploration in WA For personal use only SW Terrane an emerging multi-commodity province containing world class deposits of copper, PGE’s, gold, lithium, alumina and mineral sands Exploration licences granted for copper +/- gold and one other under application. Three proj
Slide 20: Sunnyside-Mayanup Progress
Sunnyside-Mayanup Progress For personal use only Sunnyside and Mayanup contain elevated copper values in regional CSIRO laterite sampling up to 409ppm Cu. Locally mapped porphyritic hornblende- quartz monzonites in central part of Sunnyside = good host rocks for porphyry deposits. Roadside soi
Slide 21: Kondinin and Tarin Rock Targets
Kondinin and Tarin Rock Targets For personal use only 200m spaced roadside soil sampling programs for Kondinin and Tarin Rock completed last quarter. Assays expected shortly - follow-up programs to be designed as warranted. Tarin Rock Project Kondinin Project Slide 20
Slide 22: Summary
Summary For personal use only Alma Metals is an Australian copper exploration company. Management with strong technical background for copper. Focus on projects with potential for large deposits in Australia: Earn-In JV over Briggs and Mannersley copper project (143Mt @ 0.29% Cu inferred min
Slide 23: Cautionary Notes
Cautionary Notes For personal use only This presentation has been prepared by Alma Metals Limited (“Alma Metals”) to assist in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation to subscribe for or purchase any securities in Alma Me