Alma Metals Limited · ASX:ALM
Alma Metals — Shareholder Meeting (November 2022)
16 slides from Alma Metals's shareholder meeting presentation, Nov 3, 2022
Slide 1: AGM Presentation
For personal use only November 2022 AGM Presentation ASX: ALM
Slide 2: ALM Summary
ALM Summary For personal use only Earn-In option exercised over Briggs Copper Project on 1 July 2022. East Kimberley ALM can earn up to 70% via three funding stages: Copper $2.25M to earn 30% by 30 June 2024 Additional $3.0M to reach 51% by 30 June 2026 Additional $10.0M to reach 70% by 30
Slide 3: Strategic Focus on Australia and Copper
Strategic Focus on Australia and Copper For personal use only Very strong fundamentals for long-term growth in copper market. ALM seeking to expand portfolio with more exposure to copper Focus on Tier 1 fiscal jurisdictions. Demand for copper increasing for global de-carbonisation (renewable
Slide 4: Why is Copper So Important?
Why is Copper So Important? For personal use only Critical metal for global transition to low-carbon economy. Best, most-affordable conductor of electricity. Used in multiple facets of energy and technology sectors. Many new copper discoveries are in jurisdictions where permitting and fiscal
Slide 5: Copper Demand to Drive Long-Term Growth
Copper Demand to Drive Long-Term Growth For personal use only Short-term downward pressure on copper prices due to slight oversupply between 2023 and 2024. Market into strong deficit by late 2025, with a supply shortfall from 2026 to 2030 and beyond. Need multiple, world class new mines on-str
Slide 6: Briggs, Mannersley & Fig Tree Hill Summary
Briggs, Mannersley & Fig Tree Hill Summary For personal use only Provides ALM with exposure to a large, outcropping low-grade copper deposit in an excellent jurisdiction and with significant upside. Current Inferred Resource 143Mt @ 0.29% Cu. Huge Upside: Exploration target 455Mt to 850Mt @ 0.
Slide 7: Excellent Preliminary Metallurgy Test Results
Excellent Preliminary Metallurgy Test Results For personal use only Three representative types of mineralisation delivered copper flotation recoveries of 92-95% and concentrate grades of 17-20% copper These results are scoping level and not optimized. Upside potential to improve concentrate gr
Slide 8: Surface Geochemistry is Very Effective
Surface Geochemistry is Very Effective For personal use only Copper mineralisation outcrops over >2km strike length, but most of the drilling focused in the central 500m only (Briggs Central). Soil sampling is very effective in outlining copper mineralisation – results of our own survey very com
Slide 9: 2021 RC Drilling Program Highlights Upside
2021 RC Drilling Program Highlights Upside For personal use only Twelve RC holes completed in late 2021. Porphyry Cu-Mo mineralisation intersected in drilling at both the Northern and Southern Porphyry targets, significantly increasing the strike length of known mineralisation. Cu-Mo mineralis
Slide 10: Potential for higher grades near surface
Potential for higher grades near surface For personal use only Holes 21BRC0002 to 21BRC0005 confirmed that copper occurs outside the current resource envelope, indicating that the resource can be expanded with further drilling. Hole 21BRC0012 confirms higher grade copper zones, like those in his
Slide 11: Next stages in SE Queensland
Next stages in SE Queensland For personal use only Exploration targets have been defined totaling 455Mt to 850Mt @ 0.20% to 0.35% Cu1 : Area determined by mapping and 0.1% Cu contour in soils. Similar depth extent to published inferred resource. +/-30% range applied to tonnage range. Range
Slide 12: Drilling at Northern Porphyry Target
Drilling at Northern Porphyry Target For personal use only Slide 14
Slide 13: East Kimberley copper project
East Kimberley copper project For personal use only Five exploration licences under application in the East Kimberley District of Western Australia: Highly prospective for sediment-hosted, stratiform copper mineralisation like the world class central African Copper Belt (Zambia, DRC) e.g. Kamo
Slide 14: East Kimberley Copper Prospectivity
East Kimberley Copper Prospectivity For personal use only Simple model for sediment hosted copper, requiring a source of soluble copper, a pathway to transport dissolved copper into a trap where the copper is deposited. SOURCE Elevated copper levels noted in the basement volcanic rocks. TRANSP
Slide 15: Summary of planned programs
Summary of planned programs For personal use only next 6 months 3,000m core drilling program at Briggs to increase resource Complete soil sampling program at Briggs to evaluate extensions Initial reconnaissance trip to East Kimberley to visit known Cu occurrences and historical stream sed anom
Slide 16: Cautionary Notes
Cautionary Notes For personal use only This presentation has been prepared by Alma Metals Limited (“Alma Metals”) to assist in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation to subscribe for or purchase any securities in Alma Me