Ore Resources Limited · ASX:OR3
Ore Resources — Shareholder Meeting (December 2021)
18 slides from Ore Resources's shareholder meeting presentation, Dec 16, 2021
Slide 1: Leveraged to the Future
Leveraged to the Future High-Grade Nickel Sulphides in Western Australia AGM Corporate Presentation ASX:AOU | December 2021
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Auroch Minerals Ltd (Auroch or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation
Slide 3: Auroch's Strategic Portfolio
Auroch’s Strategic Portfolio High-grade shallow nickel sulphide resources that are being driven towards development and production to leverage the strong nickel price and the EV demand JORC (2012) resource inventory of over 21,000t of contained nickel at 2% Ni. Scoping studies and revised resources
Slide 4: Future Minerals for the World's Clean Energy Technologies
Future Minerals for the World’s Clean Energy Technologies Nickel Demand Metals And Minerals Demand From Lithium-ion Batteries Nickel price is and climbing >US$19,500/t Goldman Sachs has a 12 month price target for nickel of US$24,000/t 1 1 Goldman Sachs: Metals Watch: A fundamentally mispriced marke
Slide 5: Corporate Overview
Corporate Overview Snapshot 6 Month Share Price Share Price A$0.105 Market Cap A$37.9M Cash $9.5M* ~361M 1.6M Zero Shares Average Debt on Issue Volume *as at 13 December 2021 Experienced Board and Management team to execute Auroch’s corporate strategy Board Executive Management Aidan Platel Ed Mason
Slide 6: Strategically Located Nickel Sulphide Portfolio
Strategically Located Nickel Sulphide Portfolio Auroch (ASX:AOU) holds some of the most prospective nickel sulphide tenure in the Norseman-Wiluna Greenstone Belt Scoping studies underway to realise value from the potential development of existing shallow high grade nickel sulphide resources Create f
Slide 7: Nepean Nickel Project
Nepean Nickel Project We’re committed to delivering 100kt contained nickel in-resource Huge potential to build a significant high-grade nickel sulphide inventory via 3 focus areas: HISTORIC MINE AREA Remnant high-grade nickel sulphide mineralisation including shallow potential for high-grade open-pi
Slide 8: Nepean Deeps Target
Nepean Nickel Project Long section Nepean Deeps Target Presence of late cross-cutting pegmatite intrusions draws immediate analogy to Western Area’s (ASX:WSA) Flying Fox nickel mine, which has mined well over 115kt nickel! WORK PROGRAMMES • Targeting down-plunge extensions to the known high-grade Ni
Slide 9: Historic Mine Area
Nepean Nickel Project Historic Mine Area Remnant high-grade nickel sulphides mineralisation with potential for open-pit mining scenario WORK PROGRAMMES • Metallurgical test work underway for shallow high- grade Ni-S mineralisation - results due December • Infill drilling leading to Mineral Resource
Slide 10: Regional Exploration
Nepean Nickel Project Regional Exploration Strong potential for new discoveries along strike WORK PROGRAMMES • Ground IP at Nepean North Prospect - results due December to generate potential drill targets • Drill programme to test DHEM and Mag targets at Little Eagle, Spoonbill and Cormorant Prospec
Slide 11: Saints Nickel Project
Saints Nickel Project High-grade nickel sulphide resources with exploration potential High-grade JORC (2012) -compliant MRE provides clear pathway to development and production leveraged to increasing Ni demand: 1.05Mt @ 2.0% Ni & 0.2% Cu for 21.4kt Ni & 1.6kt Cu Saint Patricks and Saints Andrews re
Slide 12: Leinster Nickel Project
Leinster Nickel Project Known high-grade nickel sulphide mineralisation with great exploration potential Underexplored fertile ultramafic units in close proximity to known high-grade Ni-S deposits WORK PROGRAMMES • Technical review of significant new data to plan thorough regional exploration drill
Slide 13: Arden Zinc-Copper Project
Arden Zinc-Copper Project High-grade zinc & copper mineralisation with high-priority drill target • Ragless Range Zn Target: drilling identified high-grade mineralisation: • 12.80m @ 5.0% Zn from 53m, incl 3.65m @ 15.5% Zn from 62.15m (RRDD007) • Strong gravity anomaly >3.5km long adjacent to extens
Slide 14: Looking Ahead: Key Milestones
“-- AUROCH Looking Ahead: Key Milestones Q4 2021 Q1 2022 Q2 2022 2H 2022 Nepean Deeps [ERIREIC GUE ELm New Discovery? § Scoping Study llity Study Decision to Mine? @ Historic Mine Area g Met Testwork Tail Drling z Regional Exploration Exploration Drilling at multiple targets: Ni, Cu, Li, Au EDIE gg
Slide 15: Our Sustainability Plan
Our Sustainability Plan Environment, sustainability and governance central to Auroch’s core strategy • Published maiden Sustainability Plan in July which OUR SUSTAINABILITY PILLARS highlights the Company’s vision and priorities to support a sustainable business • Our plan and pillared strategy are a
Slide 16: ASX Peer Comparison
ASX Peer Comparison *as at 13 December 2021 16 WWW.AUROCHMINERALS.COM
Slide 17: Why Invest
Why Invest Leveraged to increasing nickel demand and rising nickel price - High-grade nickel sulphide resources with potential to drive to near-term development and production High potential exploration targets to create value through new discoveries across a range of future minerals: Ni, Cu, Zn, Li
Slide 18: Contact
CONTACT Mr Aidan Platel Managing Director E: aplatel@aurochminerals.com M: +61 400 190 005 Suite 10 38 Colin Street West Perth WA 6005 T: +61 8 6383 7817 F: +61 8 6245 9853