Alvo Minerals Limited · ASX:ALV
Alvo Minerals — Noosa Mining Conference 2022
21 slides from Alvo Minerals's conference presentation, Nov 9, 2022
Slide 1: Palma Cu & Zn VMS Project
Palma Cu & Zn VMS Project Noosa Mining Conference | November 2022
Slide 2: Alvo Minerals - Disclaimer
Alvo Minerals - Disclaimer This presentation: This presentation has been prepared to provide general information and does not contain all information about Alvo Minerals Limited (ACN 637 802 496) (Alvo or the Company), its assets and liabilities, financial position and performance, profits and losse
Slide 3: Alvo: Investment Summary
Alvo: Investment Summary Palma Project is a high-grade, 2 diamond drill rigs operating, Cu-Zn rich VMS district scale multiple EM & IP geophysical opportunity in Brazil surveys ongoing, regional geochemistry JORC Mineral Resource at IPO VMS targets occur in 4.6Mt @ 1.0% Cu, 3.9% Zn, clusters - Alvo
Slide 4: Corporate Overview
Corporate Overview STRONG CASH BALANCE $4.2 Sufficient cash to undertake BOARD AND MANAGEMENT Alvo’s board has significant minerals exploration and million1 exploration for next field season mining experience in Brazil and around the world. Experienced team in Brazil to manage exploration activities
Slide 5: Infrastructure & Location
Infrastructure & Location Sealed roads to project Access to multiple hydroelectricity options Multiple rail options accessing ports and smelters Strong community and political support 5
Slide 6: The Palma Project
The Palma Project • Palma VMS district- 5 High-Grade, shallow mineralised prospects. VMS typically occur in clusters - only the outcropping prospects drilled to date • Discovered in 1970’s, Palma has been largely idle for ~30 years - Alvo is the first to apply modern/systematic/aggressive exploratio
Slide 7: Palma – A new VMS camp
Palma – A new VMS camp • Volcanogenic Massive Sulphide (VMS) deposits occur in clusters that define MAJOR mining camps • Only outcropping mineralisation drilled to date- limited • VMS are important global sources of Cu, Zn, Pb, Ag and Au exploration • Palma has the right rocks to become a new VMS ca
Slide 8: C3 – High grade Copper and Zinc- Mini Cluster
C3 – High grade Copper and Zinc- Mini Cluster JORC 2012 MRE at C3 of 2.8Mt @ 1.1% Cu, 4.3% Zn, 0.2% Pb & 23g/t Ag New drilling -multiple high-grade intercepts drilled will grow the resource; • PD3-001: 25.00m @ 5.64% CuEq^ • PD3-007: 23.15m @ 5.13% CuEq C3 • Inc. 10.57m @ 9.45% CuEq • PD3-008: 18m @
Slide 9: C3 Prospect – Thick and High-Grades; Open at Depth
C3 Prospect – Thick and High-Grades; Open at Depth OPEN OPEN 9
Slide 10: C1 – Drilling, FLEM & IP Surveys -Extensions & Discoveries
C1 – Drilling, FLEM & IP Surveys -Extensions & Discoveries • Phase 1 drilling successful – high grade polymetallic • Shallow and folded = thickening-considering open pit • Geophysics key exploration tools 10
Slide 11: Alvo: Investment Summary
Alvo: Investment Summary Palma Project is a high-grade, 2 diamond drill rigs operating, Cu-Zn rich VMS district scale multiple EM & IP geophysical opportunity in Brazil surveys ongoing, regional geochemistry JORC Mineral Resource at IPO VMS targets occur in 4.6Mt @ 1.0% Cu, 3.9% Zn, clusters - Alvo
Slide 12: Thank you
VMS Brazil Thank you Rob Smakman Managing Director +61 491 260 374 rob@alvominerals.com
Slide 13: APPENDICES
“? ALVO MINERALS APPENDICES
Slide 14: C3 Prospect – High grade Copper and Zinc
C3 Prospect – High grade Copper and Zinc • Phase 1 drilling complete, mineralisation open at depth and along strike • JORC 2012 Resource of 2.8Mt @ 1.1% Cu, 4.3% Zn, 0.2% Pb & 23g/t Ag • Multiple high-grade intercepts drilled will grow the resource; • PD3-001: 25.00m @ 1.79% Cu, 14.08% Zn from 187m
Slide 15: C1 Prospect –Diamond Drilling
C1 Prospect –Diamond Drilling • C1 is mineralised over 1.2km of strike - open at depth and along strike • Phase one diamond drilling intercepted significant polymetallic massive/semi-massive and disseminated sulphides o PD1-019: 21.8m @ 1.86% Cu, 8.68% Zn, 1.91% Pb, 56.10g/t Ag & 0.12g/t Au from 142
Slide 16: C1 Prospect- High-Grade Polymetallic Intercepts
C1 Prospect- High-Grade Polymetallic Intercepts 16
Slide 17: C1 – FLEM & IP Surveys- Extensions & Potential Discoveries
C1 – FLEM & IP Surveys- Extensions & Potential Discoveries • FLEM survey at C1 extends potential at depth • Induced Polarisation (IP) survey completed in collaboration with the University of Brasilia, highlights the disseminated mineralisation • Significant IP anomaly identified at the untested Maca
Slide 18: Palma Exploration –Aiming to uncover a new district scale VMS camp
Palma Exploration –Aiming to uncover a new district scale VMS camp VTEM ch20 survey with priority conductors Combined Cu, Zn, Pb 1st order geochem anomalies • Alvo has >500km2 of contiguous and highly prospective ground in a known VMS district. • Regional geochemistry dataset - 27km of untested high
Slide 19: Ni/Cu/PGEs Magmatic Sulphide Target
Ni/Cu/PGEs Magmatic Sulphide Target Early stage exploration target - Cana Brava mafic/ ultramafic belt • N-S striking mafic/ultramafic layered intrusion prospective for Ni/Cu/PGE’s • Stream sediment sampling Ni shows a very strong correlation with Co, Cr, Cu & V with a moderate correlation with Ba,
Slide 20: Palma Project - Next Steps
Palma Project - Next Steps Discover Expand Upgrade Project Q1 / 22 Q2 22 Q3 22 Q4 22 Q1 23 C3 Prospect Phase 1 diamond drilling Ground geophysical surveys (FLEM and DHEM) to refine drill targets Phase 2 drill program targeting significant extensions to high-grade mineralisation C1 Prospect & Macaw P
Slide 21: Alvo Minerals Corporate Overview
Alvo Minerals Corporate Overview ALV Structure Summary Board and Management Key Information • Alvo’s board has significant minerals exploration and mining experience in Brazil and Share price (as at 8 November 2022) $0.17 around the world Total shares on issue 72.8M • Experienced team in Brazil to m