Alkane Resources Ltd · ASX:ALK
Alkane Resources — Alkane Exploration — NSW Miners and Explorers Conference 2004
43 slides from Alkane Resources's conference presentation, Oct 18, 2004
Slide 1: ASX cover letter: presentation to NSW Miners and Explorers Conference
ALKANE EXPLORATION LTD ABN 35 000 689 216 Ih CORPORATE OFFICE: 129 Edward Street, Perth WA 6000 (PO Box 8178, Perth Business Centre, Perth WA 6849) Telephone +61 8 9227 5677 Fax:+61 8 9227 8178 Email: mail@alkane.com.au 18 October 2004 Manager Announcements Company Announcements Office Australian St
Slide 2: NSW Miners and Explorers Conference
LKANE EXPLORATION LTD NSW Miners and Explorers Conference SYDNEY 18 — 19 October 2004
Slide 3: Corporate Profile
CORPORATE PROFILE (3 ASX Code ALK (listed since 1969) Gi Issued Capital 136m shares 9.8m listed opts / 9.2m unlisted Ld Cash $1.5m 4) Trading Range 03/04 $0.17 - $0.56 4 Current Market Cap $25m Gl No Debt
Slide 4: Central Lachlan Fold Belt NSW
Central Lachlan Fold Belt NSW Modern mines and deposits ee i i j) Younger granites Monzonitic intrusions Ordovician arc volcanics Fifield complexes
Slide 5: Central West NSW Projects
Central West NSW Projects Younger granites Monzonitic intrusions olcanics Fifield complexes
Slide 6: Peak Hill Gold Mine
PEAK HILL GOLD MINE PIT NOV 2002
Slide 7: Peak Hill Cross Section
Peak Hill Cross Section PRD 2, 5, 6 Anstilton aoton POL sasotm terion Ransquate a scava eran, Pypomeplepttita albaciiiens keer: tine ston on Yagye meee ce Liehdom acini aurasteng us eR
Slide 8: Peak Hill Gold Mine
PEAK HILL GOLD MINE High Sulphidation Epithermal Gold Copper System (Ordovician) Conventional Open Cut Mining, Agglomeration Heap Leach Dump Leach of Oxidised Cap Production Commenced 1996 at Capital Cost $5 million Mined 3.385Mt @ 1.91 g/t Au and 1.499Mt @ 0.78 gA Au Mine currently in decommissioni
Slide 9: Tomingley Gold Project
Tomingley Gold Project Regional Outcrop op ae Hervey Group Duliaderry Rhyolite Yeoval Granite Cotton Formation ° : - Peak Hill “8 _., Mine: Sita| Goonumbla (Mingelo) Volcanics
Slide 10: Tomingley Gold Project: Wyoming History
TOMINGLEY GOLD PROJECT Wyoming History Acquisition: Separate production royalties Compass March 2001; Golden Cross August 2001; Climax January 2004 Area: 366km2 Drilling: First intercept May 2001 —- Wyoming One 2001 — 13,939m (223) - exploration 2002 — 24,871m (279) — evaluation - Wyo Three discov J
Slide 11: Wyoming Geological Summary
Wyoming Geological Summary elitics ediments elds par porphyry elds par porphyry, strongly sheared Jolcaniclastic sediments chlorite~ schist Mineralisation
Slide 12: Os
Os
Slide 13: Wyoming One East-West Section
Wyoming One East - West Section 6393350mN Alluvum a Volcaniciastic sediments Felds par porphyry | Volcaniclastic conglomerate Mineralisation
Slide 14: Wyoming One North-South Section
Wyoming One North — South Section 614075mE Alluvum a Volcanicias tic sediments Felds par porphyry Mineralisation
Slide 15: Wyoming One
Wyoming One
Slide 16: Tomingley Gold Project: Resource Summary
TOMINGLEY GOLD PROJECT Resource Summary Wyoming One and Three Dec’ 03 0.75g/t / 1.00g/t / 3.00g/t gold cut off Measured 4.835 mt @ 2.24g/t gold 348,350 oz Indicated 1.025 mt @ 2.76g/t gold 91,000 oz Inferred 0.520 mt @ 3.49g/t gold 58,500 oz TOTAL(0.75) 6.380 mt @2.43g/t gold 497,850 oz Measured 4.0
Slide 17: Tomingley Gold Project: Wyoming Development Summary
TOMINGLEY GOLD PROJECT Wyoming Development Summary Pre-feas study: 1Mtpa open pits — CIL recovery -> 60-70,0000zs Base case not financially robust due to overburden - needs additional open pit ore feed Current program: Remodelling of ore system to increase o/p grade Examine u/g options based on high
Slide 18: Os
Os
Slide 19: Contours
contours
Slide 20: Wyoming One 376° Structure
Wyoming One *376° Structure gram/metre contours
Slide 21: Tomingley Gold Project Current Regional Exploration
Tomingley Gold Project Current Regional Exploration ” oe a — a ae ay ye ie meal oy y se a ith 7 eh ee esa
Slide 22: Bodangora Wellington Project Location
Bodangora Wellington Project Location Hee li 1 . Younger granites iui Younger g Monzonitic intrusions Or n arc volcanics Fifield complexes
Slide 23: Bodangora Wellington Regional Geology
Bodangora Wellington Regional Geology i Great Australian Basin Permian sediments Carboniferous granite ~ Monzonite intrusives Bodangora mine vein system Z | Galwadgere el Nindethana thrust zone vi +60,000t Cu ?Au
Slide 24: Galwadgere Geological Interpretation with Proposed Resource Drill Holes
Wellington Project Galwadgere Geological Interpretation with Proposed Resource Drill Holes
Slide 25: Galwadgere May 2004 RC Drill Holes
Wellington Project @ nomen Galwadgere May 2004 RC Drill Holes Section O382860mN tra TA GF
Slide 26: Galwadgere Prospect Diagrammatic Long Section
Galwadgere Prospect Diagramatic Long Section _ Permian sediments (off section) >0.75% Cu over 2m a >0.5g/t Au over 2m
Slide 27: Wellington Project: Galwadgere Resource Potential
WELLINGTON PROJECT Galwadgere Resource Potential Previous Resources } 6.0Mtonnes @ 1.00% Cu (60,000t Cu) + ? Au (Non-JORC) to 150m} 1.7Mtonnes @ 1.66%Cu (28,200t Cu) + ? Au 1.00% @ US$1.25/Ib and A$0.70 is A$40/t, equivalent to 2.26g/t Au ($550/0z) 6.0Mt @ 1.00%Cu = 436,000 ounces of gold 1.50% @ US
Slide 28: Wellington Project: Current Galwadgere Program
WELLINGTON PROJECT Current Galwadgere Program Drilling: 3,000m RC to test ore system over strike length of 400m and to depth of 150m by end October 50m sections to Indicated Resource status Further drilling scheduled depending upon results Data compilation and target definition High resolution aerom
Slide 29: Bodangora Mine and Targets
Mine 10,000 oz ll Targets I : Bodangora ine kings & Dr _ Historic 20 = : = BS = cs Same S on = oS = S pO ic Wor 1S H tor Bodangora South -
Slide 30: Central West Conceptual Development Hubs
Central West Conceptual Development Hubs | Younger granites Monzonitic intrusions Ord arc volcanics Fifield complexes
Slide 31: Dubbo Zirconia Project Summary
DUBBO ZIRCONIA PROJECT SUMMARY * One of the worlds largest , yttrium and resources (+ 100 million tonnes) - also contains significant and rare earth elements e Project based upon large Jurassic aged alkaline volcanic complex with highly metal enriched vertical trachyte intrusive « Feasibility study
Slide 32: Dubbo Zirconia Project Site and Infrastructure Location
DUBBO ZIRCONIA PROJECT Project Site and Infrastructure Location y
Slide 33: Dubbo Zirconia Project Resources
DUBBO ZIRCONIA PROJECT RESOURCES Measured Resource : 35.7 million tonnes grading 0 - 55 metres 1.96% 2r0,, 0.04% HfO,, 0.14% Y,0, 0.46% Nb,O,;, 0.03% Ta,0, and 0.75% REO Inferred Resource : 37.5 million tonnes at similar grades 55 - 100 metres \ 73.2 million tonnes
Slide 34: Dubbo Zirconia Project Process Flow Sheet
DUBBO ZIRCONIA PROJECT PROCESS FLOW SHEET
Slide 35: Roaster
Roaster i i * in M on UO aa ur) © laa 4 < Z = Se mw N © aa) faa -_) al
Slide 36: Mini Pilot Plant - SX Circuit
DUBBO ZIRCONIA PROJECT Mini Pilot Plant - SX Circuit
Slide 37: Structure of the Zirconia Industry
DUBBO ZIRCONIA PROJECT Structure of the Zirconia Industry RAW MATERIALS PROCESSED PRODUCTS END USES BADDELYITE (5000 tonnes} ZIRCON FUSED ZIRCONIA CHEMICAL PURIFICATION {60000 tonnes) ZIRCONIA FROM CHEMICAL PROCESSING. ZIRCONIUM CHEMICALS ZIRCONIA PRODUCTS (Generally increasing purity) Refractories
Slide 38: Niobium Tantalum Market
DUBBO ZIRCONIA PROJECT Niobium Tantalum Market 90% HSLA Steels Superalloys - aerospace and gas turbines Optical glass, ceramic capacitors, superconductors (MRI etc) 60% Electronics -- ceramic capacitors Superalloys - turbines hard tools, Ta chemicals
Slide 39: Yttrium - Rare Earth Market
DUBBO ZIRCONIA PROJECT Yttrium - Rare Earth Market Catalyst/Chemicals Metallurgical Glass/Ceramics Electronics/Magnets
Slide 40: Dubbo Zirconia Project Current Summary
DUBBO ZIRCONIA PROJECT Current Summary Development joint venture signed with Astron Limited October 2003 Astron is ASX listed with major zirconia, zirconium chemicals production in north east China. Currently produces 25% of world output. Astron’s financials for 2003/04: A$15.6m atp on A$105m turnov
Slide 41: Australian Project Locations
AUSTRALIAN PROJECT LOCATIONS |MT KEITH >| 9m @ 0.51% Ni 0.15m @ 29%Ni i LEONORA)
Slide 42: Alkane Strategy 2004-06
ALKANE STRATEGY 2004-06 Strategic focus on Central West Region in New South Wales with the aim of developing a resource inventory and substantial production output GOLD: To build a 100,000 oz per year (or equivalent) output based upon production from Wyoming, Galwadgere and Bodangora, and possibly O
Slide 43: Thank you
Thank you
Alkane Exploration — NSW Miners and Explorers Conference 2004 on 6ix