Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Investor Presentation (October 2013)
20 slides from Alchemy Resources's investor presentation, October 2013
Slide 1: Copper & gold in the heart of the rich Bryah Basin, WA
ASX: ALY Copper & gold in the heart of the rich Bryah Basin, WA Presentation October 2013
Slide 2: Disclaimer and Competent Person's Statements
Disclaimer and Competent Person’s Statements Disclaimer This presentation has been prepared by Alchemy Resources Limited (Alchemy or the Company). This document contains background information about Alchemy current at the date of this presentation. The presentation is in summary form and does not pu
Slide 3: Alchemy: creating value through exploration
Alchemy: creating value through exploration Focussed strategy towards unlocking gold and copper potential across uniquely positioned Bryah Basin Project First-pass shallow drilling of copper-gold targets along strike from Sandfires’ North Robinson Range multi-element anomaly recently completed Multi
Slide 4: Alchemy – Corporate Overview
Alchemy – Corporate Overview Listed on ASX in November 2007 Code: ALY Shares on issue 156.85m Options – unlisted 0.975m Market Capitalisation (undiluted) $8.0m Cash (30 June 2013) $1.6m BlueCrest Capital 26.92m (17.2%) Top 3 Shareholders Jindalee Resources 17.47m (11.1%) Grandor (Mark Scott) 7.39m (
Slide 5: Bryah Basin – a compelling copper & gold story
Bryah Basin – a compelling copper & gold story Primary focus is advancing the Bryah Basin Project Alchemy’s growth strategy is to: Create value through focused, systematic exploration for high- grade, high-value copper & gold Grow mineral resources through targeted drilling at new (Seaborg) and exis
Slide 6: A dominant position in the Bryah Basin
A dominant position in the Bryah Basin Bryah Basin Project – copper-gold and ‘gold-only’ potential Unique, dominant landholding position of 630km2 in exciting province Region hosts major copper- gold (DeGrussa) and gold mines (Plutonic, Peak Hill & Fortnum) Historically under-explored province – dis
Slide 7: Bryah Basin Project – Gold
Bryah Basin Project – Gold SEABORG Gold Prospect High-grade gold hits (Cu
Slide 8: Bryah Basin – Gold
Bryah Basin – Gold Newly discovered prospect at Seaborg with high-grade gold potential High quality exploration portfolio with excellent resource growth potential Currently 300,000oz gold at Hermes and Wilgeena deposits – open at depth/strike Goal of increasing resources while continually evaluating
Slide 9: Seaborg – new gold prospect
Seaborg – new gold prospect Recent high-grade gold hits 51m @ 4.20 g/t gold from surface 29m @ 4.33 g/t gold from 16m Drilling ended in mineralisation Potential high-grade shoot in mineralised zone Seaborg one of many ‘gold-only’ targets Further drilling planned 9
Slide 10: Central Bore – promising gold prospect
Central Bore – promising gold prospect Targeted extensional drilling in 2013 returned further high-grade intercepts Continuity of mineralisation confirmed Remains open along strike and at depth Potential for additional stacked zones Recent high-grade intercepts 4m @ 25.79 g/t gold from 125m 14m @ 3.
Slide 11: Hermes & Wilgeena – gold resources
Hermes & Wilgeena – gold resources Acquired from Troy Resources in 2008 with 131,000oz gold Indicated resource 230% increase in resources Indicated resources* now total 300,000oz at Hermes and Wilgeena Enhanced value of project Improved geological understanding and confidence in grade continuity Pot
Slide 12: Hermes & Wilgeena – opportunity
Hermes & Wilgeena – opportunity Metallurgical test-work on oxide core material indicates amenable to treatment in conventional crush, grind and CIL plant Good recoveries across all size fractions High proportion of gold contained in coarse fraction Large percentage (40-60%) of free gold recoverable
Slide 13: Bryah Basin – excellent growth potential
Bryah Basin – excellent growth potential Limited modern exploration over past 15 years Regional interpretation has advanced geological & structural understanding Numerous untested gold targets – historic drill intercepts, surface anomalies & structural positions Targeted exploration planned – surfac
Slide 14: Bryah Basin Project - Copper
Bryah Basin Project - Copper (Cu)
Slide 15: The best Cu-Au ground in Basin after Sandfire
The best Cu-Au ground in Basin after Sandfire Sandfires’ DeGrussa is likely structurally overprinted VMS deposit VMS deposits typically occur in clusters in favourable stratigraphy Alchemy controls ~45km of strike extent of prospective sequence Prospective stratigraphy mostly soil covered, under-exp
Slide 16: Why Alchemy's ground is so prospective
Why Alchemy’s ground is so prospective Numerous copper – gold targets identified from geophysics & geochemistry Multiple laterally-extensive prospective VMS-related horizons across project Recent re-sampling of historic drilling returns multi-element anomalism Characteristic multi-element fingerprin
Slide 17: Bryah Basin: prospective VMS horizons
Bryah Basin: prospective VMS horizons Multiple broad, linear zones with strong secondary copper, gold and pathfinder anomalism – Neptune, Churchill, Fiddler Anomalous horizons – related to VMS mineralising processes – analogous positions to DeGrussa and Horseshoe Lights Targeted shallow drilling & g
Slide 18: Bryah Basin: testing strike-extensive targets
Bryah Basin: testing strike-extensive targets Broad-spaced, shallow drilling over prospective horizons at Magnus recently completed Drilling directly along strike from Sandfire Resources’ multi-element North Robinson Range anomaly Receipt of final assay data imminent – forms part of data sets being
Slide 19: Bryah Basin: immediate drill targets
Bryah Basin: immediate drill targets Multiple bedrock conductors delineated from VTEM and ground EM across Bryah Basin Project Eight distinct conductors, including MT- 36 and two conductors at Neptune, remain untested On-going interpretation and additional field verification studies are being undert
Slide 20: Capitalising on a golden opportunity
Capitalising on a golden opportunity September 2013 Q Shallow drilling at Magnus VMS target - complete Drill testing ‘gold-only’ targets - commenced December 2013 Q • Targeted RC/diamond drilling at Seaborg • Surface geochemistry and geophysics across ‘gold-only’ targets – underway • Interpretat
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