Alba Mineral Resources Plc · LSE:ALBA

Alba Mineral Resources — Investor Presentation (February 2022)

34 slides from Alba Mineral Resources's investor presentation, February 2022

  1. Slide 1: Corporate Presentation Q1 2022: Unearthing hidden value

    Corporate Presentation Q1 2022 Unearthing hidden value from previously drilled or mined projects

  2. Slide 2: Overview

    Overview Focused on extracting unexploited value from previously mined or drilled projects Favouring assets in transparent, low-sovereign risk countries offering near-term production opportunities. Diversified portfolio of unique gold and base metal assets in the UK & Ireland - Clogau-St David's Gol

  3. Slide 3: Our Team

    Our Team Key Data Ticker Ordinary Shares Equity notin public hands Share Price Market cap (£m) LON:ALBA 6,404,645.919 153% 0.23p £14.4m (as at 07.02.22) George Frangeskides Executive Chairman +25 years in the mining, legal and corporate advisory sectors in Australia and the UK, with significant expe

  4. Slide 4: Strategy

    Strategy Develop existing assets with the objective of fast-tracking them into production, generating cash and delivering returns for shareholders Support investee companies to strengthen their businesses and facilitate liquidity events or generate ongoing revenues Secure additional complementary as

  5. Slide 5: Projects Overview

    Projects Overview Greenroc Projects Limerick - Pb-Zn Welsh Au Projects UK Oil & Gas PROJECTS IN UK & IRELAND. Clogau-St David’s Gold Mine, Wales Dolgellau Gold Exploration Project, Wales Gwynfynydd Gold Mine, Wales Limerick Base Metals, Ireland

  6. Slide 6: Projects: Clogau-St David's Gold Mine

    PROJECTS Clogau-St David’s Gold Mine 06 | Alba Mineral Resources | Corporate Presentation 12022

  7. Slide 7: Overview: Clogau-St David's Gold Mine, Wales

    Overview CLOGAU-ST DAVID'S GOLD MINE, WALES. The UK’s largest historic producer of gold Produced 80,0000z before the mine closed in 1998, when the gold price was $300 per ounce, compared to its present price of ~$1,800 per ounce (at 19/01/22) Since coming under Alba’s majority ownership in mid-2018

  8. Slide 8: Geological Model

    Geological Model CLOGAU-ST DAVID'S GOLD MINE, WALES LLECHFRAITH GEOLOGY EE t Geological setting for gold at Clogau-St David's is a complex interplay between the carbonaceous Clogau Shales, shear zones and intrusive greenstones to form auriferous quartz veins Historically, gold found in exceptionally

  9. Slide 9: Underground Workings

    Underground Workings CLOGAU-ST DAVID'S GOLD MINE, WALES CLOGAU ST. DAVIDS 3D MODEL LLECHFRAITH LEVEL JWLODE MODEL LLECHFRAITH PAYSHOOT MODEL "APPROX, 120 m Underground workings (coloured green and white), which would cost millions to replicate today, provide access to all target zones identified by

  10. Slide 10: Recent Activities

    Recent Activities CLOGAUST DAVID'S GOLD MINE, WALES. Significant work undertaken since mid-2018 to determine Circa 3,500 metres drilling from surface and underground viability of restarting commercial production resulting in the identification of several high-priority development targets within the

  11. Slide 11: Commercialisation Opportunities for Welsh Gold

    Commercialisation Opportunities for Welsh Gold Welsh Gold - Fetches premium over normal gold spot price - Clogau gold traditionally used to make the wedding rings for the Royal Family - Commercialisation opportunities: JV/offtake with luxury international brand and production of gold coins/bars for

  12. Slide 12: Next Steps

    Next Steps Anticipated route to commercial production pitting ar mpling of Rock Dump = ongoing ‘velopment works to open up priority target zones f works being designed and costed Commissioning / it (PEA) or Pre-Feasibility Study (PFS) Submission of full p plication tor the Mine cute offta Upgrad mme

  13. Slide 13: Projects: Dolgellau Gold Exploration Project

    PROJECTS Dolgellau Gold Exploration Project 8 J Gs AS ye ae © — 18 | Alba Mineral Res Corporate Presentation @12022 ee ek) f

  14. Slide 14: Overview: Dolgellau Gold Exploration Project

    Overview DOLGELLAU GOLD EXPLORATION PROJECT DOLGELLAU GOLD FIELD = 90-100% interest in an exclusive 188 km? exploration licence se A over the Dolgellau Gold Fieldin North Wales cam Tore +t 000 Includes 300 historical workings and 11 past producing gold mines including Clogau and Gwynfynydd Extensive

  15. Slide 15: Multiple Near-Mine Gold Targets

    Multiple Near-Mine Gold Targets DOLGELLAU GOLD EXPLORATION CONTINUATION OF CLOGAU LODES? CLOGAU ST. DAVIDS MINE WORKINGS TRENCHING TARGET MAESTRYFER FRYNGAER TARGET ‘OLD CLOGAU LODES MINE WORKINGS WEIGHTED OVERLAY MODEL Ag-10% As-10% Au-10% Bi-10% Cd-10% Cu-5% Co-5% Pb-5% Sb-10% Se-10% Te-10% Zn-5%

  16. Slide 16: Multiple Regional Gold and Base Metal Targets

    Multiple Regional Gold and Base DOLGELLAU GOLD EXPLORATION HAFOD OWEN A new Epithermal Au (Ag-Cu) target, part of the Coed y Brenin Porphyry district Known to be prospective for vein- and breccia-hosted mineralisation Samples grades of up to 24.1 g/t Au and 6.76 % Cu LIDAR interpretation has defined

  17. Slide 17: Projects: Gwynfynydd Gold Mine

    PROJECTS Gwynfynydd Gold Mine sentation 012022

  18. Slide 18: Overview: Gwynfynydd Gold Mine

    Overview GWYNFYNYDD GOLD MINE The second largest producer of gold in the UKk’s history, with significant unexplored production potential - From 1887, produced c.45,000 oz of gold at a mining grade of 15 g/t - 10,000 tonnes of ore extracted annually from total resource base of 180,000 tonnes during l

  19. Slide 19: Projects: Limerick Base Metals

    PROJECTS Limerick Base Metals | ere 19 | Alba Mineral Resources | Corporate Presentation 12022 _

  20. Slide 20: Overview: Limerick Base Metals

    Overview LIMERICK BASE METALS 100% owned and located within major zinc-lead district Located in the Irish Ore Field, which has been a major source of zinc production since the 1960s, 10km from Glencore’s Pallas Green zinc deposit, which forms part of the same target unit Three principal exploration

  21. Slide 21: Irish Ore Field neighbouring deposits

    Pallas Green 45.4 mt of 7% Zn and 1% Pb (inferred, 2019) Stonepark 5.1 mt of 8.7% Zn and 2.6% Pb (inferred, 2018) Carrickittle 7.2m of 30.5% Zn+Pb and 108 g/t Ag (Dec, 2020) Bulgadden 10.5 m of 8.34% Zn and 1.52% Pb Limeric k

  22. Slide 22: Drill Targets

    Drill Targets LIMERICK BASE METALS Primary focus on the central zinc-in-soil anomalous zone which lies over three potential NW-SE, north dipping structures identified from gravity and magnetic data (see image top left) The anomalous zinc zone has only been drill tested on the periphery in 2010. Some

  23. Slide 23: Investments: GreenRoc Mining plc

    INVESTMENTS GreenRoc Mining plc Greenland, 54% Interest 23 | Alba Mineral Resources | Corporate Presentation 12022

  24. Slide 24: GreenRoc Mining overview

    GREEN Portfolio of high-graagproigcts yrinips: pepo Sree L C - Amitsoq: average graphite grades among highest in world - Thule Black Sands (TBS): high-grade in situ ilmenite - Melville: iron ore processable to a high-grade concentrate - Inglefield: geophysics review confirms prospective for IOCG-sty

  25. Slide 25: World-Class Graphite Grades

    World-Class Graphite Grades AMITSOQ GRAPHITE Two graphite areas (Amitsoq Island & Kalaaq mainland), located in Nanortalik region of southern Greenland. Very high-grade graphite, suitable for production of high purity product Amitsog can deliver: for the Electric Vehicle (EV) sector * Battery-grade h

  26. Slide 26: World-Class Graphite Grades (Kalaaq)

    World-Class Graphite Grades AMITSOQ GRAPHITE Second graphite zone on Kalaaq mainland area — with substantial upside potential * 2021 programme extended already substantial zones of mineralisation * Projection of Upper Graphite Zone (UGZ) extended 360m to south and open along strike + Lower Graphite

  27. Slide 27: Foothold in Emerging Ilmenite Province

    Foothold in Emerging Ilmenite Province THULE BLACK SANDS High-grade ilmenite in N-W Greenland, extensively drilled with 10km of mineralised strike length and moving into the development phase Phase 2 Drilling Completed 2021 * Objective: to provide base for Scoping Study, EIA/SIA and Mining Licence a

  28. Slide 28: Investments

    28 | Alba Mineral Resources | Corporate Presentation Q12022

  29. Slide 29: Horse Hill Oil Field

    Horse Hill Oil Field Almost continuous production since July 2018 - Two licences, PEDL137 and PEDL 246, located in the Weald Basin in southern England - Benefits from planning and regulatory consents for long-term production from the existing HH-1and HH-2z wells Weald Basin, a long-established oil-p

  30. Slide 30: Environmental, Social & Governance Policies (ESG)

    Environmental, Social & Governance Policies (ESG) Environmental Compliance with all applicable environmental and ecological laws and regulations Close collaboration with competent regulators Continuing efforts to reduce the carbon footprint of our activities Rehabilitation of exploration sites and f

  31. Slide 31: Indicative Timelines — Selected Project Activities

    Indicative Timelines — Selected Project Activities Project/ Activity 12022 2 2022 @3 2022 @4 2022 Assaying/First Pass Processing Submit Planning Application Planning Process Planning Decision Upgrade of Processing Plant Commercial Mining Operations Commercial Processing Operations wu: Llechfraith Sh

  32. Slide 32: Investment Case

    Investment Case Unique assets with near-term production opportunities Upside from investments without funding risk ‘0 developing portfolio organically & via ac Experienced team with a proven track record of value creation Value catalysts: multiple exploration & programmes underway/planned 32 | Alba

  33. Slide 33: Disclaimer

    Disclaimer The information contained in these slides has been prepared by Alba Mineral Resources plc (the “Company”). This Presentation is being made for information purposes only and does not constitute an offer or invitation for the sale or purchase of securities or any of the assets described in

  34. Slide 34: Contact details

    Alba Mineral Resources plc Tel: +44 (0)20 3950 0725 Email: info@albamineralresources.com Web: albamineralresources.com

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