Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Resources Rising Stars Conference (September 2010)
29 slides from Alchemy Resources's conference presentation, September 2010
Slide 1: The Next Chapter in the Life of Bryah
ASX: ALY “The Next Chapter in the Life of Bryah” Exploring and developing Western Australia’s rich Bryah Basin…..
Slide 2: Alchemy: A snapshot
Alchemy: A snapshot Focused on WA’s emerging Bryah Basin/Gascoyne region Magnus Copper-Gold Project: Drilling up to 33 VTEM targets adjacent to DeGrussa discovery (Sandfire Resources) Targeting potential repeats of the high-grade DeGrussa mineralisation Hermes Gold Project: Targeting extensions to 1
Slide 3: Alchemy: A corporate snapshot
Alchemy: A corporate snapshot Listed on ASX - 26 November 2007 Code: ALY Shares on issue 97,447,408 Options – unlisted 7,300,000 Share Price (16 September 2010) $0.37 Market Capitalisation (undiluted) ~$36,000,000 Cash at Bank (30 June 2010) ~$5,830,000 Cash from exercise of listed options (31 Augus
Slide 4: Alchemy: A corporate snapshot
Alchemy: A corporate snapshot Board of Directors Michael Hannington Managing Director Warwick Davies Non Executive Chairman Robert Downey Non Executive Director John Arbuckle Non Executive Director/Company Secretary Key Staff Kevin Cassidy Exploration Manager Stuart House Commercial Manager Lyndon H
Slide 5: Alchemy Projects
Alchemy Projects Broome #_ Port Hedland 5 = a e 4 @ Newman = — a : Gascoyne Projects o . —" PSO Re @ Wiluna ¢. = Pe Meekatharrays = = “@ Carnarvon . ~@_ Kalgoorlie & Background: GoogleEarth | dQAlchemy
Slide 6: Gascoyne Project
Gascoyne Project Strategic 400sqkm tenement package in Gascoyne region Acquired from Troy Resources in July 2008 Focused on copper-gold potential at Magnus and gold at Hermes 6
Slide 7: The Key Assets in the Bryah
The Key Assets in the Bryah… Alchemy’s Magnus Copper-Gold Project Alchemy’s Hermes Gold Project Sandfire’s DeGrussa Copper-Gold Project (9.62Mt @ 5.5% Cu, 1.8g/t Au) Talisman’s Springfield Copper-Gold Project 7
Slide 8: The Magnus Project
The Magnus Project Prospective for similar high-grade copper- gold deposits An extensive drilling program targeting VTEM anomalies ongoing Additional targets generated from soil sampling results 8
Slide 9: Magnus Project – Final VTEM Survey
Magnus Project – Final VTEM Survey Major VTEM survey flown in 2009 Strong conductors identified 15 high-priority copper-gold targets plus additional 18 secondary targets 9
Slide 10: Magnus Project – Final VTEM Survey
Magnus Project – Final VTEM Survey Two of these targets straddle the border with Sandfire’s DeGrussa Copper- Gold Project 10
Slide 11: Magnus – the ideal geological setting
Magnus – the ideal geological setting Strong geological conditions suggesting potential to host DeGrussa repeats Comparable to rift-related settings of world- class systems such as Besshi (0.7mt) and Windy Craggy (4.3mt) >5km thick sequence of mafic volcanic and sedimentary rocks similar to other ma
Slide 12: Bryah Basin: Basin extension – VMS deposits
Bryah Basin Basin extension – VMS deposits 12
Slide 13: 2 billion years ago… the Bryah Basin
2 billion years ago….. … the Bryah Basin looked something like this 13
Slide 14: Bryah Basin: Basin compression
Bryah Basin Basin compression 14
Slide 15: World Class VMS Deposits: Canada and Japan
World Class VMS Deposits Canada and Japan 15
Slide 16: Magnus: Aggressive exploration continuing
Magnus Aggressive exploration continuing RC drilling program to systematically test first 15 VTEM targets completed, follow up to surface geochem anomalies Program will be supported by downhole EM Steady news flow of results in last 3 months of 2010 16
Slide 17: Bryah Basin - consolidation
Bryah Basin - consolidation District consolidation – at the beginning Alchemy 26,000ha – Grosvenor Gold 40,000ha District wide exploration – at the beginning 17
Slide 18: Bryah Basin - neighbours
Bryah Basin - neighbours Alchemy Tenements Grosvenor Forfeiture Action Grosvenor Gold Ausgold Exploration Chrysalis Resources Enterprise Metals Montezuma Mining Peak Resources Richmond Mining Rubianna Resources Sandfire Resources Sinosteel Midwest Sipa Exploration Talisman Mining : Thundelarra Explo
Slide 19: Hermes Gold Project
Hermes Gold Project Hawkeye and Trapper deposits have JORC resources of 131,000oz Three new mineralised zones identified Multiple geochem anomalies highlight substantial potential for new discoveries Further RC drilling programs planned Targeting upgrade in JORC resource 19
Slide 20: Hawkeye and Trapper Deposits
Hawkeye and Trapper Deposits 20
Slide 21: Three Rivers – development scenarios
Three Rivers – development scenarios 21
Slide 22: Wilgeena Mining Centre
Wilgeena Mining Centre d&Alchemy [aa Resources Limited Alchemy Tenements Historical Pits
Slide 23: Wilgeena Mining Centre
Wilgeena Mining Centre Block Model (g/t Au) > 5.00 1.00 - 5.00 0.50 - 1.00 0.25 - 0.50 0.10 - 0.25 < 0.10 100m GRA Ichemy Resources Limited Wilgeena Resource Model 659kt @ 2.34g/t Au for 49,536 troy oz “Ralchemy
Slide 24: Greater Three Rivers Gold Project
Greater Three Rivers Gold Project 24
Slide 25: Murchison and Gascoyne Projects
Murchison and Gascoyne Projects 25
Slide 26: Murchison Projects
Murchison Projects Funding from Government to undertake drilling on Project areas 3D model of entire District 26
Slide 27: Alchemy: The Conclusion
Alchemy: The Conclusion Extensive land holding in the Gascoyne, arguably Australia’s hottest exploration region More than 30 VTEM targets identified at Magnus copper-gold project adjacent to Sandfire’s high-grade DeGrussa discovery RC drilling continuing at Magnus; strong newsflow over the next 3 mo
Slide 28: Disclaimer and Forward Looking Statements
Disclaimer and Forward Looking Statements This presentation has been prepared by Alchemy Resources Limited (“Alchemy”). 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 o
Slide 29: The Next Chapter in the Life of Bryah
ASX: ALY “The Next Chapter in the Life of Bryah” Exploring and developing Western Australia’s rich Bryah Basin…..
Alchemy Resources — Resources Rising Stars Conference (September 2010) on 6ix