Alien Metals Ltd · LSE:UFO
Alien Metals — Investor Presentation (October 2021)
35 slides from Alien Metals's investor presentation, October 2021
Slide 1: Corporate Presentation
CORPORATE PRESENTATION Precious and base metals explorer and developer October 2021 AIM:UFO
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement The information in this presentation (the “Presentation”) relating to Alien Metals Ltd (the “Company”) has been prepared by the Company and may be subject to material updates, revision and further amendment. This Presentation is for background purposes only an
Slide 3: Key Data / Capital Structure
KEY DATA UFO Share Price CAPITAL STRUCTURE AIM UFO MARKET TICKER £24.87m 0.58p – 2.88p MARKET CAP 52 WEEK SHARE PRICE 3,430m 74.8m ISSUED SHARE DIRECTORS OPTIONS CAPITAL 1.9b volume of shares traded in 6 months Source: London Stock Exchange 391m SHARE WARRANTS Past performance is not indicative of f
Slide 4: Board and Management
BOARD AND MANAGEMENT Recognised experts in global mining with a proven track record of building value DAN SMITH BILL BRODIE GOOD MARK CULBERT Non-Executive Chairman CEO & Technical Director Non-Executive Director • 13+ years capital markets experience • 25+ years in mineral exploration Founding Part
Slide 5: Multi-Commodity Portfolio
MULTI-COMMODITY PORTFOLIO A global, diversified mining company with prospective projects in Mexico, Australia and Greenland Ag Ni Cu AUSTRALIA PGE Fe Elizabeth Hill (100%) - Silver Munni Munni North Hamersley (90%) - Iron Ore Historic high-grade silver mine 117km2 exploration permit MRE 10.4Mt @ 60.
Slide 6: Commodity Outlook
COMMODITY OUTLOOK DSO Grade Iron Ore has performed strongly and has strong price outlooks Fe Iron Ore • Key component in steelmaking and thus driven by spend on construction and infrastructure • DSO grade price volatile but remaining strong vis a vis Alien projects • Recent price fluctuation does no
Slide 7: Commodity Strength
COMMODITY STRENGTH Silver, Copper and Iron Ore have performed strongly and have excellent long-term outlooks Ag Silver • Vital component in solar cells, electronics, Battery Electric Vehicles (BEVs) • Wide applications in healthcare, including the manufacture of PPE • Increased fiscal stimulus globa
Slide 8: Hamersley Iron Ore Projects, Western Australia
HAMERSLEY IRON ORE PROJECTS, WESTERN AUSTRALIA
Slide 9: Hancock Project
HANCOCK PROJECT Maiden DSO Resource defined in 20 months • 51%* interest in two Iron Ore licences, Brockman and Hancock, in world class Pilbara region of Western Australia • Maiden JORC compliant Inferred resource defined for Hancock Project of 10.4 Mt @ 60.4% Fe • Scoping Study for Hancock Project
Slide 10: Hancock Ranges Project – Maiden Resource defined
Hancock Ranges Project – Maiden Resource defined Inaugural DSO JORC Compliant Resource Estimate Average Value Mass Fe SiO2 Al2O3 P LOI MnO Target (Million tonnes) Classification Category % % % % % % Sirius Extension 7.8 60.1 4.1 3.72 0.17 5.2 0.05 Inferred Ridge E 1.5 61.2 4.8 3.38 0.13 3.5 0.02 Rid
Slide 11: Hancock MRE Video
Hancock MRE Video AIM:UFO | 11
Slide 12: Hancock Project Inaugural Scoping Study
Hancock Project Inaugural Scoping Study • Maiden JORC compliant resource defined from only 2 RC drilling campaigns • The Mineral Resource Statement (“MRE”) has been restricted to material that falls within an optimised open pit shell and within the tenement boundary. • Optimised pit shells at 100 US
Slide 13: Key Scoping Study Results Hancock Project
Key Scoping Study Results Hancock Project • > $60 USD/t FOB to port based on near identical in production project • FOB inclusive of: • all mining costs • all transport costs • Royalties • Port costs • 1.25Mt/annum mine schedule with half production for first year • Very low Capex < $30m USD repayab
Slide 14: Scoping Study Hancock Project
Scoping Study Hancock Project Mining Parameters Very Simple • The Ridge deposits DSO material are contained in the ridge tops which adds huge benefits to the mining process • Little to no strip ratio • Ore at surface/outcrop so can access directly • Trend of ore conducive for Trend of Ridge E Surfac
Slide 15: Hancock Ranges Project – Tenement potential
Hancock Ranges Project – Tenement potential Huge additional resource potential in remainder of the • tenement to develop Parallel mineralisation has now been confirmed across several ridges parallel with the regional E-W strike within the tenement • Current Ridge E resource of 1.5Mt @ 61.2% Fe withi
Slide 16: Hancock Scoping Study Video
Hancock Scoping Study Video AIM:UFO | 16
Slide 17: Brockman Iron Ore Project
Brockman Iron Ore Project Potential for further DSO grade Iron Ore • Project contains edge of historic BHP deposit 19, BHP 20 deposit and northern extension of BHP 15 deposit • Recent field work confirmed historic work by BHP who reported 4 samples from BHP 20 assayed: • 59.5% to 63.5% Fe (Average 6
Slide 18: Brockman Iron Ore Project (Cont.)
Brockman Iron Ore Project (Cont.) • Project contains prospects BHP19 and 20, defined by BHP in 1960s, and the northern extension of BHP 15 prospect • Recent field work confirmed historic work by BHP: 4 samples from BHP 20 assayed: • average grade of 62% Fe • BHP 20 dipping into tenement thus having
Slide 19: Elizabeth Hill Silver Project, Western Australia
E L I Z A B E T H H I L L S I LV E R P R O J E C T , W E S T E R N AUSTRALIA
Slide 20: Elizabeth Hill UG Video
Elizabeth Hill UG Video AIM:UFO | 20
Slide 21: Elizabeth Hill (Silver, Copper, Nickel)
ELIZABETH HILL (Silver, Copper, Nickel) A previously producing, historic high-grade silver mine • Mined between 1998 and 2000, producing 1.2 Moz silver at 2,195 g/t Ag (70.24 Oz/t Ag) • Produced a significant number of nuggets including the largest ever silver nugget found in Australia at 145kg • Pr
Slide 22: Elizabeth Hill tenements and targets map
2s 5000 47500 “asa 42500) esooo 487500 4490000 492500 Tenements Held ih Sh N Elizabeth Hill her ’ ALIEN METALS J Manni Munni North : f Targets I Priority 1 I Priority 2 [J Priority 3 ¥ Prospects 767000 AIM:UFO |
Slide 23: Conquest Prospect surface sample with azurite
Conquest Prospect surface sample with pervasive azurite inclusions AIM:UFO | 23
Slide 24: Sample of ore from Low Grade waste dump
Sample of ore from Low Grade waste dump at Elizabeth Hill containing silver and sulphides AIM:UFO | 24
Slide 25: Diamond Hole EHDD001
Diamond Hole EHDD001, Tray 2, 5.5 – 8.7m, 1.4% silver on pXRF at 6.4m AIM:UFO | 25
Slide 26: Hole EHDD003 native silver and sulphides
Hole EHDD003, 24m depth, Native silver and sulphides in Veining and dissemination, 2,300 g/t Ag reading on pXRF End of hole 1.5 % silver reading AIM:UFO | 26
Slide 27: EHDD004 at 91.7m
EHDD004 at 91.7m pXRF readings include: 2.8 % Nickel 0.2 % Cobalt 0.2 % Copper AIM:UFO | 27
Slide 28: EHDD004 at 87.6m
EHDD004 at 87.6m pXRF readings include: 0.75% Nickel 0.6% Copper 390 g/t Cobalt AIM:UFO | 28
Slide 29: AMRC002 Chip Trays
AMRC002 Chip Trays AIM:UFO | 29
Slide 30: Mexican Copper / Gold & Silver Portfolio
M E X I C A N C O P P E R / G O L D & S I LV E R P O RT F O L I O
Slide 31: San Celso (Silver)
SAN CELSO (SILVER) Bonanza Grades • San Celso hosts two historic underground silver mines that contained Bonanza Grades: • Historic grades up to 2683 g/t Ag (~86 oz/t Ag) • Recent sample grades up to 1,389 g/t Ag (~44 oz/t Ag), averaging 441 g/t Ag (~14 oz/t Ag) from 96 samples • Numerous stopes ind
Slide 32: Los Campos (Silver)
LOS CAMPOS (SILVER) Average reported head grade of over 1,000 g/t Ag • 10km east of Endeavour Mining Corp’s 6moz El Campos Silver Mine • Comparable mineralized system • Los Campos includes: • Two historic silver mines targeting two high-grade epithermal silver veins • Average reported head grade of
Slide 33: Donovan 2 (Copper/Gold)
DONOVAN 2 (COPPER/GOLD) Alien working up next exploration phase • Close spaced in-fill IP survey in 2020 by Capstone helped outline Drill Targeting • Significant samples from Los Alomos target to be drill tested by Alien • 3.34% Cu • 2.68 g/t Au • Alien to finalise drill plan to compliment and test
Slide 34: Polished sample from Los Alomos Prospect
Polished sample from Los Alomos Prospect, Donovan 2 water well returned 3.3% Cu AIM:UFO | 34
Slide 35: Contact Information
Contact Information Dan Smith Non-Executive Chairman Bill Brodie Good CEO and Technical Director Green Park House, 15 Stratton Street, London, W1J 8LQ, United Kingdom Yellow Jersey (Financial PR) T +44 (0)20 3004 9512 E alienmetals@yellowjerseypr.com @AlienMetals linkedin.com/alienmetals