Apollo Minerals Limited · ASX:AON
Apollo Minerals — Mining Indaba & 121 Conference 2022
26 slides from Apollo Minerals's conference presentation, May 9, 2022
Slide 1: Unlocking Kroussou's Province Scale Zinc Potential
Unlocking Kroussou’s Province Scale Zinc Potential For personal use only Mining Indaba & 121 Conference May 2022 ABN: 96 125 222 924
Slide 2: Disclaimer
Disclaimer For personal use only Forward Looking Statements: Cautionary Statements & Important Competent Persons Statement Information: This presentation may include forward- This presentation has been prepared by Apollo The information in this presentation that looking statements. These forward-loo
Slide 3: Our Vision
For personal use only Our Vision To realise Kroussou’s province-scale Zinc potential, and create maximum value as a low carbon, globally responsible base metals producer 3
Slide 4: Why Apollo Minerals
Why Apollo Minerals 100% ownership of Kroussou Zinc-Lead (Zn-Pb) Project For personal use only Province - scale deposit 80km trend with 18 defined prospects, numerous Zn- Pb occurrences Shallow, sulphide mineralisation – unique worldwide Strong exploration results to date Highly positive
Slide 5: Gabon - A Successful Mining Region in Africa
Gabon - A Successful Mining Region in Africa For personal use only Unique Existing Infrastructure One of the largest ports in Africa1 Extensive rail network (200km from the Project) Gabonese Goal to reach “Emerging Abundant Hydropower (200MW, +80MW planned) Country” status by 2025 Site Acces
Slide 6: Zinc – A Critical Metal
Zinc – A Critical Metal New mines are essential to meet demand For personal use only • Zinc is seeing all time high prices with a supply deficit mounting • Current demand mainly driven by the production of galvanised steel • Future demand will be driven by traditional applications and essential ingr
Slide 7: Impending Zinc Supply Deficit
Impending Zinc Supply Deficit 4 out of 10 major producers estimated to have less than 10 years remaining of mine life For personal use only Sindesar Khurd Red Dog1 Resource size: 66 Mt Resource size: 37Mt Average Zn grade: 4% Average Zn grade: 12% Peñasquito7 Est. mine life: N/A Est. mine life: 9 ye
Slide 8: Zinc – Vital to the Low-Carbon Energy Transition
Zinc – Vital to the Low-Carbon Energy Transition • Stationary power storage market is expected to Zinc’s Role in Renewable Energy Production2 For personal use only grow by 34% pa from 2021-20301 A 10 MWh offshore wind turbine Zinc is a key ingredient in • Zinc batteries provide the potential to capt
Slide 9: Kroussou – Province Scale Zn-Pb
Kroussou – Province Scale Zn-Pb We’ve barely scratched the surface For personal use only • Shallow, sediment-hosted sulphide mineralisation – unique worldwide • +80km trend of mineralisation, Zn-Pb occurrences identified across project • ~1,000km2 of sedimentary basin (total area of prospects) • 18
Slide 10: Sulphide Mineralisation From Surface
Sulphide Mineralisation From Surface Multiple styles of Zn-Pb mineralisation point to rich potential for exploration across numerous targets For personal use only Coarse textured galena, sphalerite Concentric textured sphalerite Fracture-fill coarse galena and marcasite within the basal and coarse g
Slide 11: Dikaki – Assays confirm shallow, extensive mineralised system
Dikaki – 1 of 18 Prospects Assays confirm shallow, extensive mineralised (Zn-Pb) system For personal use only • Significant shallow, high-grade, intercepts including: • combined 29.5m @ 3.6% Zn+Pb from 25.5m1 • within 60.2m @ 2.4% Zn+Pb from 1.9m • 32m @ 3.1% Zn+Pb from 4.0m • including 13.5m @ 5.3%
Slide 12: Dikaki – Eastern Extensions
Dikaki – Eastern Extensions Step-out drilling further indicates significant, thick and shallow mineralisation For personal use only New 200m step out drilling displays strongest ever mineralisation 60.2m @ 2.4% Zn+Pb from 2m with 29.5m @ 3.6% Zn+Pb core 800m step out drilling successful with continu
Slide 13: Dikaki – Eastern Extensions – Latest Results
Dikaki – Eastern Extensions – Latest Results • Strongest mineralisation ever seen at Kroussou For personal use only • Combined 29.5m @ 3.6% Zn+Pb from 25.5m • within 60.2m @ 2.4% Zn+Pb from 1.9m • Holes either side display significant visual sulphides – assays pending • Open to the east for 2km Spha
Slide 14: Niamabimbou – Emerging Discovery
Niamabimbou– Emerging Discovery High grade mineralisation in 2021 For personal use only • Maiden, broad-scale, drilling completed in 2021 for 2,170m • Base metal sulphides identified in multiple zones • 5.3m @ 10.3% Zn+Pb and 3g/t Ag from 54.7m within a broader zone of 27.1m @ 2.9% Zn+Pb from 33.8m
Slide 15: Work Program and News Flow Going Forward
Work Program and News Flow Going Forward Results to date demonstrate the province-scale potential at Kroussou For personal use only ONGOING ASSAY RESULTS (Q1 - Q4 2022) 2021 Q1 2022 NOV Airborne EM (AEM) Drilling to expand Drilling to expand Commenced Resource Definition geophysical survey explorati
Slide 16: ESG Highlights
ESG Highlights Apollo Minerals puts health and safety first with a key focus on safety PROSPERITY and environment preservation and community support For personal use only Governance Committed to transparency PEOPLE Leadership development Board and Management Social diversity PLANET Safety an
Slide 17: Executive & Management
Executive & Management Extensive development and mining experience across Africa` For personal use only Hugo Schumann Non–Executive Director John Welborn Mr Schumann has more than 15 years’ Non–Executive Chairman Neil Inwood experience in the development of mining and Managing Director energy projec
Slide 18: Corporate Overview – Apollo Minerals
Corporate Overview ASX: AON – Apollo Minerals For personal use only 0.10 0.09 0.08 0.07 0.06 0.05 0.04 0.03 0.02 0.01 0.00 4-Jan-22 4-Feb-22 4-Mar-22 4-Apr-22 4-May-22 18
Slide 19: Thank you
Thank you For personal use only Apollo Minerals Limited (ASX: AON) | www.apollominerals.com | info@apollominerals.com PERTH Level 9, 28 The Esplanade, Perth, WA 6000 | T: +61 8 9322 6322 | F: +61 8 9322 6558 19
Slide 20: Appendix
For personal use only Appendix
Slide 21: Strong Local Infrastructure
Libreville Strong Local Infrastructure Mineral Port Good access for exploration and excellent optionality for For personal use only potential future transport solutions Ndjole (rail Siding) Site Access • Robust road and forestry tracks to project site Atlantic Ocean • Enables good access to explorat
Slide 22: Libreville – April 2022
Libreville – April 2022 For personal use only Mining Ministry Buildings Downtown Banking AON Executives and Gabonese Minister of Mines Libreville Port 22
Slide 23: Excellent Metallurgy From Initial Test Work
Excellent Metallurgy From Initial Test Work The Dikaki prospect has demonstrated high grade concentrates and high recoveries For personal use only • First pass metallurgical test work program completed (2018) • Outstanding recoveries and concentrate grades demonstrated • High lead concentrate grade
Slide 24: Significant ASX Recent Zn+Pb Discoveries
Significant ASX Recent Zn+Pb Discoveries For personal use only 2 3 Market Cap (A$m)1 42.9 232.7 76.1 Project Kroussou Earaheedy Iroquois Location Gabon Western Australia Western Australia Stage Exploration (no resource) Exploration (no resource) Exploration (no resource) Ownership 100% 75% 80% Style
Slide 25: Zinc – Developing Technology for Large-Scale Battery Storage
Zinc – Developing Technology for Large-Scale Battery Storage Cheaper zinc batteries can help deliver full potential of renewable energy1 For personal use only Stationary power storage market is expected Cumulative installed power output and energy storage capacity 1 • Challenges with utility scale L
Slide 26: Zinc – Multiple Battery Manufactures
Zinc – Multiple Battery Manufactures The potential to capture the majority of the stationary energy storage market1 For personal use only Zinc vs. Li-ion batteries Eos Energy utilises a zinc Redflow have developed a E-Zinc have developed an Zinc8 Energy Solutions Recyclable/Reusable hybrid cathode
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