Alien Metals Ltd · LSE:UFO
Alien Metals — Investor Presentation (February 2023)
18 slides from Alien Metals's investor presentation, Feb 20, 2023
Slide 1: Corporate Presentation
Corporate Presentation February 2023 AIM:UFO | 1
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: Alien Metals Ltd – Global Portfolio of Assets
Alien Metals Ltd – Global Portfolio of Assets Western Australia Iron Ore Silver/PGM Hancock Elizabeth Hill - Silver JORC Inferred 10Mt @ 60.4% Fe Pre-JORC Compliant 4.05 Moz Ag at 200 g/t Ag cut off Capex: ~US$30m 1 • Previously produced 1.2 Moz silver2 @ 2,195 g/t Ag FOB: ~US$60/t • 9.7m @ 8,326 g/
Slide 4: Board and Management
Board and Management Recognised experts with a proven track record of building value ROD MCILLREE TROY WHITTAKER JO BATTERSHILL Executive Chairman Chief Executive Officer Non-Executive Director Rod is an experienced mining executive with a Troy has 20+ years project development and Jo’s mining caree
Slide 5: Iron Ore Projects – Three Pillars to Forge a Sustainable Future
Iron Ore Projects Three Pillars to Forge a Sustainable Future Environment Social Governance The Company’s vision is to be a Developing mutually beneficial The Company adheres to the highest responsible caretaker of the relationships with local communities levels of corporate governance by environmen
Slide 6: Iron Ore Projects
Iron Ore Projects High Grade DSO Iron Ore surrounded by Tier 1 Miners • Two Prospective Iron Ore Mining Hubs 1 . N e w m a n - H a n c o c k Project 2. West Pilbara - B r o c k m a n and Vivash G o r g e Projects • Maiden JORC Resource at Hancock Project - 1 0 .4 M t @ 6 0 . 4 % Fe (high grade fines
Slide 7: About the Hancock Project
About the Hancock Project Located in a well-established iron ore precinct – Newman, Pilbara WA • 1 7 k m from Newman • 8+ year mine life @ 1.2mtpa (expected to be extended) • Scoping Study Completed: • C a p e x : <US$30m • Opex: <US$60/t (FOB Port Hedland) • Near 1:1 Strip Ratio on Ridge orebodies
Slide 8: Hancock Project – Tenement Potential
Hancock Project – Tenement Potential Huge Resource Expansion Potential • D S O grade mineralisation discovered across the Western Ridge targets • Parallel mineralisation has now been confirmed to the south across several ridges parallel with the regional E-W strike within the tenement • The Kalgan p
Slide 9: Hancock Project – Ridges Overview
Hancock Project – Ridges Overview Mass Average Value Classification Area (Million Fe SiO2 Al2O3 P LOI MnO Category tonnes) % % % % % % 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 Ridge C 1.1 61.9 4.4 2.93 0.12 3.5 0.03 Total 10.4 60.4 4.2 3.6 0.1
Slide 10: Hancock Project – Development Poised
Hancock Project – Development Poised Site Overview • Fixed Tender responses received from Suppliers for material packages • Pricing in line with Scoping Study estimates and assumptions • Tender evaluation underway and ongoing AIM:UFO | 10
Slide 11: Hancock Project Timelines
Hancock Project Timelines November 2019 Alien acquire 51% of Hammersley projects 2023 start Project Procurement process September 2020 Detailed geological mapping and sampling finalised January – March 2021 Maiden Drilling Firm pricing & contracts locked in June-July 2021 2nd Phase Drilling End of Q
Slide 12: Brockman
Brockman DSO Rock Chips Returned • Project contains edge of historic BHP deposit 19, BHP 2 0 deposit and northern extension of BHP 1 5 deposit • Recent field work confirmed historic work by BHP who reported 4 samples from BHP 2 0 assayed (A verage 6 2 % Fe) • Dales Gorge M emb er of the Brockman For
Slide 13: Vivash Gorge
Vivash Gorge A High Prospect Project Surrounded by Mining Giants • Vivash Gorge (E47/3071) covers ~ 4 7 k m 2 and is strategically located 60km south of the Company’s Brockman project and only 8 0 k m from Tom Price • Fortescue Mining Group (FMG) has defined a High Grade Iron O re Mineral Resource o
Slide 14: Munni Munni PGM / Elizabeth Hill Silver
MUNNI MUNNI PGM ELIZABETH HILL SILVER PGM/SILVER/COPPER/NICKEL PROJECT, WESTERN AUSTRALIA Source: Platina Resources Ltd AIM:UFO | 10
Slide 15: Elizabeth Hill
Elizabeth Hill A previously producing high-grade silver mine • Pre JORC Compliant Resource of 4.05 Moz Ag at 200 g/t Ag cut off • Mined 1.2 Moz silver @ 2,195 g/t Ag (70.2 Oz/t Ag) from 1999-2000, underground only • Maiden drilling highlights: • 19.7m @ 3,198g/t Ag (113oz/t) from 5m in drillhole 21E
Slide 16: Munni Munni PGM & Elizabeth Hill Silver
Munni Munni PGM & Elizabeth Hill Silver One of the largest undeveloped primary PGM resources in Australia • Re-interpretation of EH geological model extends area of known mineralisation demonstrate potential for a high-grade bulk tonne silver rich polymetallic orebody at Elizabeth Hill • Re-examinat
Slide 17: Munni Munni PGM
Munni Munni PGM A unique and compelling multi-commodity, multi-target project • One of the largest undeveloped primary PGM Resources in Australia • Historic non-compliant JORC 2004 Resource estimate implied 24Mt @ 2.9g/t PGM and gold • For 2.2Moz PGM and gold consisting of 1.14Moz Pd, 0.83Moz Pt, 15
Slide 18: Contact Information
Contact Information Troy Whittaker Chief Executive Officer Email: troywhittaker@alienmetals.uk Roderick McIllree Executive Chairman Green Park House, 15 Stratton Street, London, W1J 8LQ, United Kingdom @AlienMetals linkedin.com/alienmetals AIM:UFO | 18