Alien Metals Ltd · LSE:UFO
Alien Metals — Investor Presentation (December 2023)
27 slides from Alien Metals's investor presentation, December 2023
Slide 1: Advancing Development of Our West Australian Assets
ADVANCING DEVELOPMENT OF OUR WEST AUSTRALIAN ASSETS
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS 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 not a prospectus or an admissi
Slide 3: Board and Executive Management
BOARD AND EXECUTIVE MANAGEMENT Recognised Experts with a proven track record of delivery ALWYN VORSTER GUY ROBERTSON TROY WHITTAKER ELIZABETH HENSON NON-EXECUTIVE CHAIRPERSON EXECUTIVE DIRECTOR CHIEF EXECUTIVE OFFICER INDEPENDENT NON-EXECUTIVE DIRECTOR Alwyn has 30+ years experience in the Guy has 4
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Development in the right place TICKER MARKET UFO AIM AIM:UFO | 4
Slide 5: The Investment Opportunity
THE INVESTMENT OPPORTUNITY A diversified project generator with near term revenue potential HANCOCK PROJECT PINDERI HILLS PEOPLE AND TIER 1 MINING Fe Ni, Cu & PGM EXPERTISE JURISDICTION A FUTURE MINE: VALUE CREATION: THE RIGHT TEAM: WESTERN AUSTRALIA: Low capital cost start up Large strategic teneme
Slide 6: Iron Ore Company of Australia: Hancock Project
IRON ORE COMPANY OF AUSTRALIA A Future Iron Ore Miner HANCOCK PROJECT A Future Iron Ore Mine - In The Heart Of Iron Ore Country • 17km from Newman, a domestic hub • 412km from the deep-water Port of Port Hedland • Conditional approval granted for intersection construction suitable for large ultra qu
Slide 7: Hancock Project
HANCOCK PROJECT A future iron ore mine • Surrounded by multiple world class deposits • Project Approvals continue to advance and be granted, de risking the execution: § Project Mining Agreement executed with Traditional Owners § Miscellaneous License granted enabling site accessing infrastructure to
Slide 8: Hancock Project: Expanding footprint, significant potential
HANCOCK PROJECT Expanding footprint, significant potential, simple operation • Total JORC Resource: 9.1Mt @ 60.30%Fe • Mining Inventory: 4.2Mt @ 60.51%Fe (includes Ore Reserves of 1.9Mt @ 60.16%Fe • With the acquisition of Mallina Exploration Pty Ltd, IOCA has a total strategic landholding of over 7
Slide 9: Hancock Project: Path to production
HANCOCK PROJECT Path to production, momentum building to first ore 2023 2024 Q3 Q4 Q1 Q2 Q3 Q4 DFS Approvals, Mining Tenure & Mining Licence Offtakes, Funding & FID Construction Production This is an estimated timeline AIM:UFO | 9
Slide 10: Pinderi Hills
PINDERI HILLS A Unique, Compelling Multi-commodity and Multi-target Project, Li, Ni, Cu, PGE’s and Gold AIM:UFO | 10
Slide 11: Ni, Cu & Precious Metals
Ni, Cu & PRECIOUS METALS The right minerals, the right time, the untapped potential, the time to progress is now ELIZABETH HILL (AG) PINDERI HILLS (NI, CU AND PGM’S) Historically one of Australia’s highest grade One of the largest undeveloped and underexplored precious metals silver mines deposits i
Slide 12: Pinderi Hills
PINDERI HILLS Multi-target Project, Li, Ni, Cu, PGE’s and Gold • First time the Munni Munni and Elizabeth Hill projects and the surrounding area (Pinderi Hills) have been consolidated into a single coherent tenement • Previously tenement holdings were bifurcated and unable to realise their true pote
Slide 13: Why Alien?
WHY ALIEN? The inflection point • New, experienced Board and Management • Hancock Project - Simple build, low cost and near term iron ore production and revenue • Pinderi Hills - Consolidated Tenement holdings support significant exploration potential including Lithium, Copper, Nickel, PGE’s and Gol
Slide 14: Appendix
APPENDIX
Slide 15: Hancock Project: Reserves and Resources
HANCOCK PROJECT Reserves and Resources Ha ncock Project Ore Reserves Tonnes Volum e Al2O3 M at erial Fe % SiO2 % P% LOI % Mn % (M w m t ) (M bcm ) % P ro ve d P ro b a b le 1.9 0 .7 6 0 .16 5.6 9 3.54 0 .12 3.8 5 0 .0 2 Tot al 1.9 0 .7 60 .16 5.69 3.54 0 .12 3.8 5 0 .0 2 Ha ncock M ining Inventory T
Slide 16: Hancock Project: New Targets - South Western Ridges
HANCOCK PROJECT New Targets - South Western Ridges SOUTH WEST RIDGES • Potential for walk up drill targets and campaign • Campaign would include met test work, and downhole analysis/survey to determine density • Geotechnical work for future pit design parameters • Assess hydrology of core holes and
Slide 17: Hancock Project: New Targets - Kalgan Prospect
HANCOCK PROJECT New Targets - Kalgan Prospect MAPPING • High grade results from previous drilling campaign • Rock chips collected with up to 64% Fe (shown in pink triangles) • Geological data is interpreted as a repeat of Ridges C and E AIM:UFO | 17
Slide 18: Brockman Tenement Holdings
BROCKMAN TENEMENT HOLDINGS IOCA - A Future Iron Ore Miner BROCKMAN PROJECT Exploration Ready - Significant Potential • Maiden on site exploration campaign scheduled for later this year (CY23) • Project contains edge of historic BHP deposits 19 and 20 • Field work returned high grade DSO grade result
Slide 19: Brockman Tenement Holdings: Maiden Exploration Campaign Ready
BROCKMAN TENEMENT HOLDINGS Maiden Exploration Campaign Ready MAPPING • The Dales Gorge Member iron units are interpreted onto the Company tenement. • Limited previous exploration. • HPA in place, heritage survey completed, PoW granted. • Possible extension of BHP 20 (now held by Rio) onto the teneme
Slide 20: Vivash Gorge
VIVASH GORGE IOCA - A Future Iron Ore Miner VIVASH PROJECT Expanding Iron Ore footprint - Highly Prospective • Vivash Gorge covers ~47km2 of highly prospective ground within the vicinity of proven resources • Maiden on site exploration campaign targeted for CY 24 • Neighbouring Fortescue Metals Grou
Slide 21: Vivash Gorge: Preparing for a maiden exploration campaign
VIVASH GORGE Preparing for a maiden exploration campaign • Limited historic work with respect to mapping/sampling and drilling • Known deposits of 96Mt and 28Mt in same stratigraphy that is contained within tenement. • Rio drilled 9 RC holes in the north eastern area and 4 RC holes in the south east
Slide 22: Pinderi Hills - Elizabeth Hill
PINDERI HILLS - ELIZABETH HILL Poised to reclaim its crown as Australia’s highest-grade Silver Mine • Re-interpretation of Elizabeth Hill geological model extended area of known mineralisation demonstrate potential for a high-grade bulk tonne silver rich polymetallic orebody at Elizabeth Hill. • Exp
Slide 23: Pinderi Hills - Elizabeth Hill: Geological Review
PINDERI HILLS - ELIZABETH HILL Geological Review REINTERPRETATION OF PREVIOUS DRILL RESULTS • Re-examination & reinterpretation of EH data has demonstrated a far larger high-grade/high-volume mineralised envelope. • Re-analysis of historical drilling located within the newly identified mineralised e
Slide 24: Potential Lithium Prospectivity
PINDERI HILLS, MUNNI MUNNI AND ELIZABETH HILL Potential Lithium Prospectivity • Exploration for Lithium commenced at other deposits and projects in WA with the re- assaying of historical drill core from gold and/or nickel exploration after discovery of the presence of pegmatites through a desk-top s
Slide 25: Pinderi Hills: Walk up drill targets
PINDERI HILLS Walk up drill targets Geochemical soil sampling Sub-audio magnetic (SAM) surveying Known walk up drill targets
Slide 26: Pinderi Hills: The right minerals at the right time
PINDERI HILLS The right minerals at the right time 2023 2024 2025 Q3 Q4 Q1 Q2 Geological Review & Re-assay of existing core Strategic partnering process Internal Scoping Study Down hole Electro Magnetic Survey - existing drill holes Elizabeth Hill - Down Shaft Survey Ground Electro Magnetic surveyin
Slide 27: Contact Information
CONTACT INFORMATION Troy Whittaker Chief Executive Officer Email: troywhittaker@alienmetals.uk @AlienMetals linkedin.com/alienmetals