Asiamet Resources Limited · LSE:ARS
Asiamet Resources — Investor Presentation (October 2024)
16 slides from Asiamet Resources's investor presentation, Oct 15, 2024
Slide 1: BKM Copper Project Corporate Presentation
AIM : ARS BKM COPPER PROJECT CORPORATE PRESENTATION Lowering Construction Risk, Enhancing Economics, Improve Project Financing Catalysts: Complete Optimisation Q4 2024 Project Financing underway Q1 2025 October 2024
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) is being provided to you (the “Recipient”) by Asiamet Resources Limited (“Company”) for information purposes only. Information contained herein does not purport to be complete and is subject to certain qualifications and assumptions and should not be rel
Slide 3: Asiamet Projects Overview
ASIAMET PROJECTS OVERVIEW KSK Contract of Work (100%) BKM Copper mine Beutong IUP (80%) development nearing project financing. Large untapped porphyry BKM-BKZ-BKS copper, zinc, copper-gold resource. lead, silver, gold project Outstanding resource pipeline to meet Asia’s growth potential. growing met
Slide 4: BKM Copper Project Moving into Production When New Copper Supply Is Critically Needed
BKM COPPER PROJECT MOVING INTO PRODUCTION WHEN NEW COPPER SUPPLY IS CRITICALLY NEEDED 4
Slide 5: Copper Market Supply
COPPER MARKET SUPPLY Future copper Supply requirements: Additional 5Mt in next 10 years under base case demand will not be satisfied from forecast base case production Demand for copper over a range of sub-sectors will need to be met by growth in primary supply Source. Wood Mackenzie 5 *Source: Copp
Slide 6: Copper Market Demand
COPPER MARKET DEMAND Significant new Copper consumption is expected to almost DOUBLE in the next 25 years investment in copper mine development is required to meet future demand Demand for copper over a range of sub-sectors will need to be met by growth in primary supply Source. Wood Mackenzie 6 *So
Slide 7: Use of Proceeds & Timeline
USE OF PROCEEDS & TIMELINE Indicative Development Timetable (2024-2027) 2024 2025-27 BKM Copper Project Project Financing Detailed Engineering BKM Copper Project1 Optimisation + Early Works1 Update models for new Updated Project physicals, capex and Detailed Engineering Order long lead items Physi
Slide 8: BKM Optimisation - Completing Q4 2024
BKM OPTIMISATION - COMPLETING Q4 2024 LOWER CAPEX = LOWER TOTAL PROJECT FUNDING TARGETING US$50M — US$80M CONSTRUCTION 2024 Pit Shell CAPEX REDUCTION Highest Grade 2023FS Pit Shell Targeting US$155-180m headline CAPEX i.e. 20–30+% reduction from the US$235.4m estimated in 2023 FS. Pit Floor raised C
Slide 9: BKM Optimisation - Physicals
BKM OPTIMISATION - PHYSICALS Drastically reduced mine volume and Strip Ratio 33% less material moved per tonne of copper production Increased Copper Grade delivers higher margin project Smaller footprint, reduced scale, reduced development risk Project Physical 2024 BKM Stage 1 2023 FS Update Ore Mi
Slide 10: BKM Resources & Reserves
BKM RESOURCES & RESERVES Ore Reserves Production of 122kt acid soluble Category Mt Cu Grade % Copper Kt copper in Stage 1 from current Proved 19.0 0.7 137 Probable 21.8 0.6 135 452kt copper Resource Total 40.8 0.7 272 Over 300,000t of contained Measured Mineral Resources primary copper to be evaluat
Slide 11: KSK Project Development Upside
KSK PROJECT DEVELOPMENT UPSIDE BKZ Polymetallic Resource – Outstanding High-Grade Drill Results Zinc / Lead / Silver Zone 22m @ 7% Zinc, 36g/t Silver 21.5m @ 9%Zinc, 365g/t Silver 31m @ 8% Zinc, 38g/t Silver 17m @ 11.4% Zinc, 383g/t Silver High Grade Gold - Silver Zone 29m @ 4.59g/t Au, 161g/t Ag 76
Slide 12: Project Finance Pathway
PROJECT FINANCE PATHWAY Important Debt Financing Milestones Completed Independent Technical Expert Review: Completed extensive process, recommendations adopted Lender Requirements: All early requirements addressed Debt Sizing Model: Finalised and tested with lender Project Optimisation – Completing
Slide 13: BKM Copper Project Timeline
BKM COPPER PROJECT TIMELINE BKM Stage 1 Optimisation update with Commence Detailed Engineering and Early engineering and project execution partners. Works programme in parallel. Project finance including finalising Lead Bank Early works focus on road access upgrade, Due Diligence and Approval proces
Slide 14: Contact Information
CONTACT AIM | ARS Darryn McClelland INFORMATION Chief Executive Officer E: darryn.mcclelland@asiametresources.com W: www.asiametresources.com 14
Slide 15: ESG Strategy – KSK
ESG STRATEGY – KSK Securing long-term value for our stakeholders through our Our Vision sustainable business and responsible mining operations. Empowering People Protecting the Planet Creating Prosperity, the Right Way Strategy Pillars Upholding our Environmental Safeguarding Maintaining an Ethical
Slide 16: Asiamet/KSK ESG Action Plan
ASIAMET/KSK ESG ACTION PLAN 16
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