Slide 1: Investor Presentation – Zurich Precious Metals Summit
For personal use only Investor Presentation Zurich Precious Metals Summit November 2019 © 2019 Alkane Resources
Slide 2: Disclaimer
Disclaimer For personal use only This presentation contains certain forward-looking statements and forecasts, This document has been prepared in accordance with the requirements of including possible or assumed reserves and resources, production levels and Australian securities laws, which may diffe
Slide 3: Strategy and Investment Highlights
Strategy and Investment Highlights For personal use only Grow shareholder value by increasing production at Unlock the value of Australian Strategic Materials (ASM), Tomingley, pursuing organic growth through exploration including a potential demerger and listing in H1 2020. and development, and str
Slide 4: Corporate Profile
Corporate Profile For personal use only Shareholder Ownership (At 30 Sept 2019) Capital Structure Ordinary Shares 506 million Domestic Institutions 23.5% Share Price (5 November 2019) A$0.67 Foreign Institutions Market capitalisation A$339M Hedge Funds 66.2% 0.2% 5.8% Directors & Management 4.3% 12
Slide 5: Corporate History – Years of Find. Enhance. Deliver.
Corporate History – 50 Years of Find. Enhance. Deliver. For personal use only Timeline of Key Milestones (incorporated 1969) 1990s 1996-2005 2001 2006 2006 2014 2018 2019 Alkane Peak Hill Gold Alkane Alkane Alkane and Tomingley Tomingley Alkane progresses Mine in open announces announces partner IPO
Slide 6: Business Overview
Business Overview For personal use only Alkane Gold Business: Positioned For Growth Tomingley Gold Tomingley Boda Discovery Regional ASX Gold Project Corridor (NMPP) Exploration Investments 49,000oz in FY19, Multiple gold Significant Extensive Cornerstone revised FY20 discoveries in 2018 d
Slide 7: Tomingley Gold Project
Tomingley Gold Project For personal use only 1.0 mtpa plant (achieved run rate of 1.4mtpa on oxide ore) Construction completed in 2014 on time and budget Upgraded production guidance for FY20 30,000 – 35,000oz Au Currently treating existing low grade stockpiles Underground development adva
Slide 8: Tomingley Corridor: Central West NSW
Tomingley Corridor: Central West NSW For personal use only ~10km mineralisation adjacent to established processing infrastructure 8
Slide 9: Tomingley Corridor: Exploration in Plan
Tomingley Corridor: Exploration in Plan For personal use only Three major target areas within 8km of mill; Roswell, San Antonio and El Paso Exploration Target of ~15.8-23.8 million tonnes (open pit and underground) at a grade ranging between 1.7-2.2 g/t Au* Infill drilling at 40m spacing of Ro
Slide 10: Tomingley Corridor: Cross sections
Tomingley Corridor: Cross sections For personal use only San Antonio Roswell ASX Release: ASX Release 12 June 2019 12 Aug 2019 10
Slide 11: Tomingley Corridor: Development plan
Tomingley Corridor: Development plan For personal use only Objective: to define the initial resource and develop an underground and subsequently an open pit mine on an accelerated timetable 40m space drilling largely complete at Roswell (resource early December) Resource Delineation Drilling ong
Slide 12: Northern Molong Porphyry Project
Northern Molong Porphyry Project For personal use only “A game changing discovery” Significant Gold-Copper Porphyry mineralisation at Boda and Kaiser prospects Boda target identified by geophysics followed by RC drilling (KSRC018 311m @0.28g from surface) Recent diamond hole demonstrates incre
Slide 13: Boda Drilling
Boda Drilling For personal use only Series of 3 to 5 step out holes at ~100m spacing planned along strike and also targeting underneath the discovery hole KSDD003 (which finished in mineralisation) Updated IP survey planned over ~5km prospective corridor IP survey and drilling contracts have b
Slide 14: Broader Strategy for Gold Assets
Broader Strategy for Gold Assets For personal use only Stated vision to become a multi-mine Australian gold producer Tomingley well-positioned to anchor strategy Strong regional NSW exploration portfolio Potential growth via strategic investment and future M&A Alkane owns ~15% of Genesis Min
Slide 15: 2019 News Flow and ASX Trading
2019 News Flow and ASX Trading For personal use only Additional $2.16 million investment in Tomingley Corridor Boda Price $ discovery Calidus Resources Exploration Target Vol (million) High grade intercepts 1.00 FY20 guidance 20.0 Timeline reported at San Antonio & Roswell upgrade (Tomingley Corrido
Slide 16: Key Work Plan & Milestones – Next Months
Key Work Plan & Milestones – Next 6 Months For personal use only Commencement of step-out drilling at Boda1 (Q4) and results (Q4 / Q1 2020) Inferred Resource for Tomingley Corridor (Roswell early December) Updated Tomingley Underground Mine Plan and Scheduling Acquisition of key land for Tom
Slide 17: Australian Strategic Materials: A Unique Specialty Metals Company
Business Overview For personal use only Australian Strategic Materials: A Unique Specialty Metals Company Dubbo Project ASM Technology Korean Metals Plant Potential Demerger All major permits in IP developed through 2020 feasibility to be Demerger and listing of place and piloting Dubbo R&D
Slide 18: …it’s what we do!
For personal use only …it’s what we do! www.alkane.com.au @alkaneresources alkane-resources-ltd
Slide 19: Australian Strategic Materials
Australian Strategic Materials For personal use only Dubbo Project Critical minerals resource Rare earths, zirconium, hafnium and niobium Used in clean energy, electric vehicles and most modern technology Defined resource supports 70+ year open pit operation 400km northwest of Sydney Ext
Slide 20: Dubbo Project Financials
Dubbo Project Financials For personal use only 20-year Base Case (1Mtpa) 1.0Mtpa (base case) IRR: 17.5% Dubbo Project Engineering and CAPEX: A$1.3B NPV: A$1.24B Financials Update (4 June 2018) Revenue: A$663M Operating Costs: A$341M Modular Advantage EBITDA: A$320M Large elements of
Slide 21: Tomingley (TGO) Resources
Tomingley (TGO) Resources For personal use only Tomingley Gold Operations Mineral Resources (as at 30 June 2019) Measured Indicated Inferred Total Grade Grade Grade Grade Total Gold Deposit Tonnage Tonnage Tonnage Tonnage (g/t Au) (g/t Au) (g/t Au) (g/t Au) (Koz) (Kt) (Kt) (Kt) (Kt) Open Pittable Re
Slide 22: Tomingley (TGO): Reserves
Tomingley (TGO): Reserves For personal use only Tomingley Gold Project Mineral Reserves (as at 30 June 2019) Proved Probable Grade Grade Tonnage Grade Total Gold Deposit Tonnage Tonnage (g/t Au) (g/t Au) (Kt) (g/t Au) (Koz) (Kt) (Kt) Open Pittable Reserves (cut off 0.50g/t Au) Wyoming One 0 0.0 0 0.
Slide 23: Peak Hill (PHGM): Gold and Copper Resources
Peak Hill (PHGM): Gold and Copper Resources For personal use only Proprietary Mineral Resource Resource Tonnes Gold Grade Gold Metal Project Cut-Off Copper Metal (%) Category (Mt) g/t (Koz) Proprietary Underground Inferred 2g/t Au 1.02 3.29 108 0.15 Total 1.02 3.29 108 0.15 Note: Full details includ
Slide 24: Dubbo Project: Resources and Reserves
Dubbo Project: Resources and Reserves For personal use only Dubbo Project – Mineral Resources Tonnes ZrO2 HfO2 Nb2O5 Ta2O5 Y2O3 TREO* Resource Category (Mt) (%) (%) (%) (%) (%) (%) Measured 42.81 1.89 0.04 0.45 0.03 0.14 0.74 Inferred 32.37 1.90 0.04 0.44 0.03 0.14 0.74 Total 75.18 1.89 0.04 0.44 0.