Amara Minerals Limited · ASX:AM3
Amara Minerals — Adelong Gold — Australian Gold Conference 2024
14 slides from Amara Minerals's conference presentation, August 2024
Slide 1: Re-awakening One of Australia's Richest Gold Mines
Re-awakening One of Australia’s Richest Gold Mines Australian Gold Conference August 2024 adelonggold.com
Slide 2: Important Information
Important Information The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restric
Slide 3: Investment Highlights
Investment Highlights Adelong Gold Project Brazil Projects Foundations for a commercial project Acquired a portfolio of 13 tenements across 2 • 800kozs historical production, including major lithium/rare earth jurisdictions in Brazil – 380koz from Underground @ 45g/t Minas Gerais, Paraiba State
Slide 4: Adelong Gold Project – Grade is King
Adelong Gold Project – Grade is King ▶ Robust Scoping Study (was released in October 2022 and shows a highly profitable, low-capital development. Permitting is being progressed in 2024 with potential production within 12 months of development finance1 ▶ Drilling is planned for 2024 to add to resourc
Slide 5: Existing Infrastructure
Existing Infrastructure adelonggold.com 5
Slide 6: Scoping Study Update 2022
Scoping Study Update 2022 An attractive “Stage 1” Project based on mining only existing Resources Table 1 - Summary of the financial analysis Various mining and processing Study relates to only (Based on A$2,650oz) options were considered with the final selection (Base Case) <50% SCOPING STUDY SUMMA
Slide 7: Potential to Increase Adelong Project Returns
Potential to Increase Adelong Project Returns Resource Expansion Mining & Processing Gold Price Regional Potential • The Scoping Study shows any • Around 50% of the current • The Scoping Study was based • The Adelong Mine Site is additional shallow resources resources have not been on a gold price o
Slide 8: Outlook and Next Steps
Outlook and Next Steps Adelong Gold Project Brazil Projects Further drilling planned at key deposits Brazilian field team have completed an contained within the scoping study encouraging initial reconnaissance Potential to upgrade and extend these program in Paraiba with follow-up deposits in
Slide 9: adelonggold.com
Ian Holland Mark Flynn Managing Director Investor Relations +61 428 397 245 +61 416 068 733 Ian.holland@adelonggold.com mark.flynn@adelonggold.com adelonggold.com Released with the Authority of the Board – August 2024
Slide 10: Appendices
Appendices adelonggold.com 10
Slide 11: Adelong Gold Project
Adelong Gold Project Adelong Goldfield (NSW) Significant Resource Permitted with Processing Scoping Study confirms a 188K Total JORC Resource 1 Projects Potential Options viable project • Initial Scoping Study • ADG has substantially • Mining permit in place for • 800koz • Challenger based on 55%
Slide 12: Brazil: New Frontier for Lithium & Rare Earths
Brazil: New Frontier for Lithium & Rare Earths ► Tier 1 Mining Jurisdiction: Accounts for > 30% of global iron ore production. ► Major Exporter: Leading exporter of lithium, tin, and manganese with substantial reserves of gold, nickel, bauxite, and niobium. ► Rare Earth Mining: Biggest miner of rare
Slide 13: Paraiba Province Tenements
Paraiba Province Tenements Potential for niobium, REE and lithium ▶ Two permits for 1,131Ha (11km2) in Area 1 (North) ▶ Eight permits totalling 15,149 Ha (151Km2) nearby ▶ Area known for niobium, REE, and lithium-related minerals 1,2,3,4,5 ▶ Encouraging initial Geological Map of Area 2 Source: Mapa
Slide 14: Minas Gerais Tenements
Minas Gerais Tenements Major Lithium discoveries (such as Latin Resources) in Region The three Exploration Permits (EPs)1: ▶ show strong potential to host lithium- bearing pegmatites ▶ are proximate to fertile granite intrusives of the Salinas Formation ▶ are in an area that features the north- east