Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Brisbane Copper Conference (March 2010)
24 slides from Alchemy Resources's conference presentation, March 2010
Slide 1: The Next Chapter in the Life of Bryah
ASX: ALY “The Next Chapter in the Life of Bryah” Exploring and developing Western Australia’s rich Bryah Basin…..
Slide 2: Alchemy: A snapshot
Alchemy: A snapshot Focused on WA’s emerging Bryah Basin/Gascoyne region Magnus Copper-Gold Project: Drilling up to 33 VTEM targets adjacent to recent DeGrussa discovery (Sandfire Resources) Targeting potential repeats of the high-grade DeGrussa mineralisation Hermes Gold Project: Targeting extensio
Slide 3: Alchemy: A corporate snapshot
Alchemy: A corporate snapshot Listed on ASX - 26 November 2007 Code: ALY Shares on issue 66,781,008 Options – total listed and unlisted 29,374,092 Listed Options (expire 31 August 2010) 21,674,092 Share Price (17 March 2010) $0.72 Market Capitalisation (undiluted) ~$48,000,000 Cash at Bank (31 Decem
Slide 4: Alchemy: A corporate snapshot
Alchemy: A corporate snapshot Board of Directors Michael Hannington Managing Director Warwick Davies Non Executive Chairman Robert Downey Non Executive Director John Arbuckle Non Executive Director/Company Secretary Key Staff Kevin Cassidy Exploration Manager Stuart House Commercial Manager Lyndon H
Slide 5: Three Rivers Project
Three Rivers Project Strategic 400sqkm tenement package in Gascoyne region Acquired from Troy Resources in July 2008 Focused on copper-gold potential at Magnus and gold at Hermes 5
Slide 6: The Key Assets in the Bryah…
The Key Assets in the Bryah… Alchemy’s Magnus Copper-Gold Project Alchemy’s Hermes Gold Project Sandfire’s DeGrussa Copper-Gold Project (7.13Mt @ 5.2% Cu, 1.9g/t Au) Talisman’s Springfield Copper-Gold Project 6
Slide 7: The Magnus Project
The Magnus Project Prospective for similar high-grade copper- gold deposits An extensive drilling program focusing on the 15 high priority drilling targets to start in March 2010, generating a steady flow of results and news over coming months 7
Slide 8: Magnus Project – Final VTEM Survey
Magnus Project – Final VTEM Survey Major VTEM survey flown in 2009 Strong conductors identified 15 high-priority copper-gold targets plus additional 18 secondary targets 8
Slide 9: Magnus Project – Final VTEM Survey
Magnus Project – Final VTEM Survey Two of these targets straddle the border with the DeGrussa Copper-Gold Project 9
Slide 10: Magnus – the ideal geological setting
Magnus – the ideal geological setting Strong geological conditions suggesting potential to host DeGrussa repeats Comparable to rift-related settings of world- class systems such as Besshi (0.7mt) and Windy Craggy (4.3mt) >5km thick sequence of mafic volcanic and sedimentary rocks similar to other ma
Slide 11: Bryah Basin
Bryah Basin Basin extension – VMS deposits 11
Slide 12: 2 billion years ago…
2 billion years ago….. … the Bryah Basin looked something like this 12
Slide 13: Bryah Basin
Bryah Basin Basin compression 13
Slide 14: World Class VMS Deposits
World Class VMS Deposits Canada and Japan 14
Slide 15: Magnus
Magnus Aggressive exploration already underway RC drilling program to systematically test first 15 VTEM targets Program will be supported by downhole EM Steady news flow expected during 2010 15
Slide 16: Hermes Gold Project
Hermes Gold Project Hawkeye and Trapper deposits have JORC resources of 131,000oz Three new mineralised zones identified Multiple geochem anomalies highlight substantial potential for new discoveries Aircore and RC drilling program about to start to test anomalies Targeting upgrade in JORC resource
Slide 17: Hawkeye and Trapper Deposits
Hawkeye and Trapper Deposits 17
Slide 18: Three Rivers – development scenarios
Three Rivers – development scenarios 18
Slide 19: Wilgeena Mining Centre
Wilgeena Mining Centre Alchemy Tenements f Historical Pits d Alchemy
Slide 20: Greater Three Rivers Gold Project
Greater Three Rivers Gold Project 20
Slide 21: Magnus Project – Final VTEM Survey
Magnus Project – Final VTEM Survey 21
Slide 22: Murchison Projects
Murchison Projects Funding from Government to undertake drilling on Project areas 3D model of entire District 22
Slide 23: Alchemy: The Conclusion
Alchemy: The Conclusion Extensive land holding in the Gascoyne, arguably Australia’s hottest exploration region More than 30 VTEM targets identified at Magnus copper-gold project adjacent to Sandfire’s high-grade DeGrussa discovery Drilling underway at Magnus; strong newsflow over coming months Herm
Slide 24: Disclaimer and Forward Looking Statements
Disclaimer and Forward Looking Statements This presentation has been prepared by Alchemy Resources Limited (“Alchemy”). 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 o
Alchemy Resources — Brisbane Copper Conference (March 2010) on 6ix