Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (February 2021)
17 slides from Alchemy Resources's investor presentation, February 2021
Slide 1: Exploring for High Grade Gold & Base Metals in Western Australia and New South Wales
EXPLORING FOR HIGH GRADE GOLD & BASE METALS IN WESTERN AUSTRALIA AND NEW SOUTH WALES CORPORATE PRESENTATION FEBRUARY 2021 ASX: ALY www.alchemyresources.com.au
Slide 2: Disclaimer
DISCLAIMER Disclaimer This presentation has been prepared by Alchemy Resources Limited (Alchemy or the Company). 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 or compl
Slide 3: Why Invest in Alchemy Resources (ASX: ALY)
Why Invest in Alchemy Resources (ASX: ALY) Investment Rationale Dominant land position in WA 915km2 granted tenements and 265km2 (under application) Low Risk jurisdiction Close to infrastructure & operations (NST, SLR, BRB) Near term production potential via JV’s • Superior Gold (TSX-V: SGI) Joint V
Slide 4: Indicative Exploration Timeline – strong pipeline of news flow
Indicative Exploration Timeline – strong pipeline of news flow* KARONIE Q1 2021 Q2 2021 Q3 2021 Q4 2021 Karonie RC drilling (Parmelia, KZ5, Taupo, K4) Claypan Shear Zone RAB drilling Karonie RC drilling (Esplanade, Challenger, Warrior) BRYAH BASIN JV’s Superior Gold JV Mining at Hermes South
Slide 5: Corporate Overview
Corporate Overview CAPITAL STRUCTURE SHARES ON ISSUE 672M MARKET CAP2 $13.5M CASH (31 DEC 2020) $1.7M ENTERPRISE VALUE $11.7M OPTIONS (2.5c – 5c) 48M MAJOR SHAREHOLDERS NORTHERN STAR RESOURCES 11.6% NEIL WATSON 9.7% LINDSAY DUDFIELD 7.8% BOARD & MANAGEMENT LINDSAY DUDFIELD NON-EXECUTIVE CHAIRMAN JAM
Slide 6: Western Australia: Gold Projects
Western Australia: Gold Projects KARONIE: • Along strike from Aldiss Mining Centre (ASX: SLR) • 90km of prospective strike, vastly under-explored CLAYPAN: • South of Breaker Resources (ASX: BRB) LAKE REBECCA (under application): • 10km East from Carosue Dam operations (ASX: NST) • 6km West of Rebecc
Slide 7: Karonie
Karonie KARONIE • Along strike from SLR’s Aldiss Mining Centre (560koz)3 • High grade Gold discoveries • Established Gold Province • Under drilled – significant alluvial cover CLAYPAN • 38km strike of Claypan Shear • <10km South from BRB’s Lake Roe discovery (1Moz)4 • Only 4 lines of RAB drilling to
Slide 8: Karonie
Karonie PARMELIA, KZ5, TAUPO Along strike from Silver Lake Resources Aldiss Mining Operation • Taupo - 26m @ 1.8g/t Au5 • KZ5 – 20m @ 1.6g/t Au5 • Parmelia 26m @ 1.6g/t Au5 • All zones open along strike and at depth ESPLANADE - BATAVIA • 3m @ 14.6g/t Au5 • 1m @ 17.8g/t Au5 • 8m @ 2.1g/t Au5 • Some t
Slide 9: Karonie – Parmelia Prospect
Karonie – Parmelia Prospect 6 Refer to Silver Lake Resources Limited ASX announcement dated 21 September 2020 Page 7
Slide 10: Karonie: Parmelia/KZ5
Karonie: Parmelia/KZ5 7. Refer to Alchemy Resources Limited ASX announcement dated 9 Dec 2020. 8. Refer to Alchemy Resources Limited ASX announcement dated 9 December 2019 PARMELIA TAUPO (ALY) ALY SLR New Discovery Tenement 4.05m @ 10.2g/t Au Silver Lake Resources Mining Lease TANK Boundary SOUTH Lo
Slide 11: Lake Rebecca
Lake Rebecca LAKE REBECCA • New project under application • Strategic landholding in a multi-million ounce corridor • 10km from NST’s Carosue Dam operations (4.6Moz @ 2g/t Au9) • 6km West of ASX: AOP’s 1Moz @ 1.2g/t Au10 • Significant tenure along the Claypan and Keith Kilkenny Fault zones • Explora
Slide 12: Bryah Basin JV's
Bryah Basin JV’s 12 Refer to Alchemy ASX announcement dated 8 May 2019 11 Refer to Alchemy ASX announcement dated 24 February 2015 Page 10
Slide 13: New South Wales Projects: Cobar Basin & Lachlan Fold Belt
New South Wales Projects: Cobar Basin & Lachlan Fold Belt LACHLAN / COBAR BASIN (ALY 80%13) • OVERFLOW (high grade Au + base metals) • YELLOW MOUNTAIN (Cu-Au porphyry) • MELROSE (Cu-Au porphyry) • WEST LYNN lateritic Ni-Co & Alumina resource • 21.3Mt @ 0.84% Ni, 0.05% Co14 • 6.6Mt @ 20.8% Al2O3 (HPA
Slide 14: Melrose
Melrose MELROSE • 12km long alteration zone geochemically similar to large porphyry Cu-Au systems such as Cadia • No drilling >100m deep into alteration zone • Large Induced Polarisation (IP) survey is planned to detect buried sulphides and target deeper drilling Page 12
Slide 15: Yellow Mountain Cu-Au porphyry
Yellow Mountain Cu-Au porphyry YELLOW MOUNTAIN Extensive historic workings Historic drilling intercepts16: • 52m @ 0.54g/t Au, 0.31% Cu 35g/t Ag, 1.15% Pb and 1.28% Zn (from 14m) • 40m @ 0.49g/t Au, 0.34% Cu 29g/t Ag, 1.18% Pb, 1.81% Zn (from 64m) • 16.5m @ 1.08g/t Au, 0.48% Cu 52g/t Ag, 2.04% Pb, 3
Slide 16: NSW Projects – Overflow
NSW Projects – Overflow OVERFLOW • High grade gold • Best historic intercept • 6m @ 7.6g/t Au17 • 10m @ 4.4g/t Au17 • Significant base metal mineralisation • Open down plunge to the south • Drill testing mid-CY2021 17 Ref. Alchemy Resources ASX Announcement 14 December 2020 Page 14
Slide 17: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table A: Hermes South Joint Venture Indicated and Inferred Mineral Resource Estimate (compliant with the JORC Code 2012 guidelines) Hermes South Tonnes (Mt) Grade (g/t Au) Au (Ounces) Indicated 1.29 1.7 72,000 Inferred 0.95 1.4 42,000 Total 2.24 1.6 114,000 Notes: • Joi
Alchemy Resources — Investor Presentation (February 2021) on 6ix