Slide 1: Noosa Mining Conference Online Presentation
NOOSA MINING CONFERENCE ONLINE PRESENTATION Nic Earner, Managing Director 12 November 2020 © 2020 Alkane Resources
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Alkane Resources Ltd, industry growth or other trend projections. Such s
Slide 3: Strategy, Growth and Investment
Strategy, “Alkane is growing shareholder Growth and value through increased gold production at Tomingley Investment alongside targeted exploration, development and cornerstone investments.” CORPORATE RELIABLE, EXISTING LANDMARK DISCOVERY STRATEGIC INVESTMENT TO STRENGTH AND TRACK PRODUCTION AT BODA
Slide 4: Corporate Profile
Corporate Profile Ian Gandel (Non-Executive Chairman) Mr Gandel is a successful Melbourne based businessman with extensive experience Capital Structure in retail management and retail property. Through his private investment vehicles Mr Gandel has been an investor in the mining industry since 1994.
Slide 5: Tomingley Corridor: Central West NSW
Tomingley Corridor: Central West NSW ~10km mineralisation adjacent to established processing infrastructure at Tomingley Gold Operations (TGO) ALKANE RESOURCES | ASX:ALK 5
Slide 6: Tomingley Gold Operations (TGO)
Tomingley Gold Operations (TGO) • 100%-owned 1.0mtpa plant constructed on time and on budget in 2014 • Achieved run rate of 1.4mtpa on oxide ore soon after commissioning • Met production guidance for FY20 of 33,507oz gold • FY21 Q1 production of 11,499oz at A$1,575 • Production guidance for FY21 is
Slide 7: Tomingley Extension Project: Exploration
Tomingley Extension Project: Exploration • Three major target areas within 8km of Tomingley mill; Roswell, San Antonio and El Paso • Infill drilling at 20m spacing of Roswell complete, San Antonio continuing • Updated Resource (Roswell): 10.1Mt @2.04g/t Au (662,000 oz)#, an increase of 49% on maiden
Slide 8: Tomingley Extension Project: Exploration
Tomingley Extension Project: Exploration ALKANE RESOURCES | ASX:ALK 8
Slide 9: Tomingley Corridor: Development Plan
Tomingley Corridor: Development Plan “A focus on defining the initial resource, and simultaneously developing underground and open pit mines on an accelerated timetable.” • 40m space drilling complete at San Antonio, 20m space drilling underway Resource • Roswell drilling complete Delineation • San
Slide 10: Boda Prospect
Boda Prospect • Significant Gold-Copper Porphyry mineralisation at Boda Prospect • Boda target identified by geophysics followed by RC drilling • Diamond holes show large scale mineralization with higher grade core, continuing to the south and north west • Numerous other intercepts within 2-3km stri
Slide 11: Boda Drilling
Boda Drilling • The currently defined Boda mineralisation has horizontal dimensions of 1,000m x 400m, with a NW strike and extends to 1,100m depth. It remains open along strike and at depth • Major drill program of 30,000m over FY21 underway • High grade Au-Cu zones currently interpreted to trend NW
Slide 12: Strategic Gold Investments
Strategic Gold Investments • Stated vision to become a multi-mine Australian gold producer • Tomingley Gold Operations well-positioned to anchor strategy, with strong regional NSW exploration portfolio Alkane owns ~19.9% of Genesis Minerals, Alkane owns ~12.7% of Calidus Resources, which has a 1,280
Slide 13: Key Priorities for FY2021
Key Priorities for FY2021 Expanded drilling of Boda and nearby porphyry targets Updating of San Antonio resource and finalisation of UG and OC plans Progress of Tomingley Corridor Exploration Drive (underway) Finalisation of UG and OC plans for both approvals and financial evaluation Tomingley Exten
Slide 14: www.alkane.com.au
www.alkane.com.au @alkaneresources alkane-resources-ltd
Slide 15: Mineral Resources
Mineral Resources TOMINGLEY GOLD PROJECT TGO MINERAL RESOURCES (as at 30 June 2020) MEASURED INDICATED INFERRED TOTAL Total Gold DEPOSIT Tonnage Grade Tonnage Grade Tonnage Grade Tonnage Grade (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Kt) (g/t Au) (Koz) Open Pittable Resources (cut off 0.50g/t Au)
Slide 16: Mineral Reserves
Mineral Reserves ALKANE RESOURCES | ASX:ALK 16