Altan Rio Minerals — Investor Presentation (October 2021)
25 slides from Altan Rio Minerals's investor presentation, October 2021
Slide 1: Investor Presentation
TSX-V: AMO Investor Presentation October 2021
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Altan Rio Minerals Limited (“Altan Rio”) to provide an overview of Altan Rio’s mineral properties and current exploration activities. Any statements, opinions, projections, forecasts or other material contained in this presentation do
Slide 3: Focus – Consistently increase the company's gold reserves per share
FOCUS –Consistently increase the company’s gold reserves per share Large Strategic Targets – Drill Ready ALTAN RIO Maximising TSXV: AMO Shareholder Return SLIDE 3 Pilot Mine ASX Listing: Near Term Targeting Q4 Production 2021
Slide 4: Corporate Overview – Share Structure
CORPORATE OVERVIEW – SHARE STRUCTURE Altan Rio AMO Share Price & Volumes (Past 12 Months) Current Price C$0.15 0.25 900000 12 Month High C$0.23 800000 Shares on Issue (m) 96.6 Options On issue (m) 5.7 0.2 23 June 20: Joint 700000 Mining Agreement Warrants On issue (m) 16.8 with Barto Gold 600000 Mar
Slide 5: Experienced Board & Management
EXPERIENCED BOARD & MANAGEMENT • Prominent player in the international mining sector for over thirty years. • Non-Executive Director of Altan Nevada Minerals and Altan Rio Minerals. • Chairman and Director of Altan Nevada Minerals Limited and Altan Rio Evan Jones • Previously Commercial Manager of T
Slide 6: Southern Cross: A Premier Gold Region
SOUTHERN CROSS: A PREMIER GOLD REGION • Yilgarn Craton is Australia’s premier gold province with major Archean greenstone- hosted deposits • Altan Rio holds rights to 16 granted Prospecting & Exploration Licenses covering 139.6 km² - 2nd largest tenure over the proven gold hosting structure, Frasers
Slide 7: Southern Cross: A Premier Gold Region
SOUTHERN CROSS: A PREMIER GOLD REGION Targeting multi-million ounce gold discoveries in close proximity to 2 operating gold mines in a region that has recorded gold production of 12.3 Moz. from 1900 to 2019 RAMELIUS RESOURCES’ EDNA MAY MINE & PROCESSING PLANT ALTAN RIO TSXV: AMO BARTO GOLD’S MARVEL
Slide 8: Defined Gold Rich Bearing Structure
FRASERS CORINTHIAN SHEAR ZONE (FCSZ) DEFINED GOLD RICH BEARING STRUCTURE • FCSZ is host to gold mineralization along its entire length, including multiple high-grade ore bodies including: • Frasers (1.2 Moz.) • Golden Pig (640Koz) • Hopes Hill (214 Koz) • Pilot (54 Koz) • Corinthia (190 Koz) ALTAN R
Slide 9: Binding option agreement to acquire 90% of E tenement
Altan Rio has a binding option agreement to acquire 90% of “E” tenement (E77/2691) covering a strategic ~115.9km2 land position – Altan controls 139.6km2 of continuous tenements. ALTAN RIO TSXV: AMO SLIDE 9 Altan Rio 16 Tenements Altan Rio – Combined over greenstone belt
Slide 10: Leveraging Significant Historic Drilling
LEVERAGING SIGNIFICANT HISTORIC DRILLING All Drilling by Type (m) 18,000 160,000 • FCSZ a well understood mineralised trend but all drilling is shallow 16,000 140,000 14,000 120,000 12,000 • Approximately 130,290m of combined 100,000 historic RAB, AC, RC and Diamond Drilling Cumulative (m) Annual (m
Slide 11: High Priority Targets Identified
HIGH PRIORITY TARGETS IDENTIFIED Pilot - 50% Exploration and • Resource / Reserve definition Mining JV – Barto Gold • High grade • Near term cashflow potential Aries - 80% Earn in Joint • EIS - WA Government co- funded drilling Hopes Venture - Surveyor Resources completed. Assays in progress Pty Ltd
Slide 12: FCSZ Long Section: Very Few Drill Holes +50m
FCSZ LONG SECTION: VERY FEW DRILL HOLES +50M ALTAN RIO TSXV: AMO SLIDE 12
Slide 13: Pilot: Gold Extensions Confirmed Below Mine
PILOT: GOLD EXTENSIONS CONFIRMED BELOW MINE INITIAL RC PROGRAM (10 holes) • Assay results confirmed High Grade gold mineralisation at depth: • PARC010: 10m grading 4.21 g/t from 182m, including 7m @ 5.69 g/t • PARC005: 12m grading 4.41 g/t from 160m, 4m grading 7.51 g/t from 176m, including 1m @ 19.
Slide 14: Pilot: Strike Extensions to Mine Confirmed
PILOT: STRIKE EXTENSIONS TO MINE CONFIRMED • Phase 2 Drilling Program (5 RC holes for 734m) targeted strike extensions north (PARC017) and south (PARC016) of the existing pit. Mineralisation confirmed with intercepts of: • PARC017: 17m @ 1.33g/t from surface Mineralisation interpreted to be associat
Slide 15: Pilot: Significant Exploration Opportunity
PILOT: SIGNIFICANT EXPLORATION OPPORTUNITY Downhole EM (DHEM) Identifies Potential For Extensions to High Grade Mineralisation • Identifies on-hole conductor (PEM 3) in PARC005 coincident with reported mineralisation of 13m @ 4.48 g/t from 159m. • Identifies significant off- hole conductor (PEM 4) a
Slide 16: Pilot: Near-Term Drilling Campaigns
PILOT: NEAR-TERM DRILLING CAMPAIGNS • A two-hole diamond drill program targeting the PEM 4 conductor is planned to commence in late-July/early- August. • The two holes are co-funded by WA Government’s EIS program • Drill program is designed to evaluate a modelled strong “off ALTAN RIO hole” DHEM con
Slide 17: Pilot: Underground & Open Pit Mine
Pilot: Underground & Open Pit Mine Last mined 1994 - Au ~ 350/oz • Historical production (open pit – 1994): 0.56 Mt @ 3.03 g/t for 54,554 oz Au. • Mineralisation occurs in three lode systems, West, Main and East, which merge and split along strike. • Open pit mining was completed to 65 m below surfa
Slide 18: Pilot: Cashflow to Fund Exploration
PILOT: CASHFLOW TO FUND EXPLORATION • Pilot mine provides potential for near-term cashflow to fund significant drilling of entire Shear Zone Southern Cross to Bullfinch ~ 30 km • Joint mining agreement with Barto Gold, owner of nearby Marvel Loch milling facility which is currently undergoing a majo
Slide 19: Golden Pig North & Frasers Extension
GOLDEN PIG NORTH & FRASERS EXTENSION • 3km gap in drilling between three Major Gold Mines – Hopes Hill mine, Golden Pig mine & Frasers mine • Targets include the Northern strike extension of the Frasers mine trending under the Lake Koorkoordine salt lake along with the continuation of the Golden Pig
Slide 20: Aries: Diamond Drilling Campaign
ARIES: DIAMOND DRILLING CAMPAIGN • Two, 400m diamond holes at Aries to follow up historical diamond drilling of 12m @ 4.51g/t Au have been completed • Holes co-funded by WA Government’s EIS program • Core processing, logging and assaying in progress HISTORICAL DRILLING ALTAN RIO • Regional aircore d
Slide 21: Aries Co Funded Diamond Drilling
Aries Co Funded Diamond Drilling Altan Rio Minerals have safely and successfully completed two 400m+ diamond drillholes (ARD001 408.5m E.O.H. & ARD002 401.9m E.O.H.) following ten days of round-the-clock drilling at the Aires Prospect north of Southern Cross, WA. Technically, drilling successfully t
Slide 22: Regional Geology: Northern Tenements
REGIONAL GEOLOGY: NORTHERN TENEMENTS • Covers 11.5km of the FCSZ. • Several structures, subparallel to the FCSZ, identified using geophysical and geochemical datasets. • All structures considered highly prospective for gold with strong auger geochemical gold anomalism and near surface drill intersec
Slide 23: Significant Achievements in a Short Time
SIGNIFICANT ACHIEVEMENTS IN A SHORT TIME Feb 2019: July 2021: Listing June 2020: Phase 3 RC transferred to Nov 2019: Exploration & March 2021: High April 2021: David June 2021: drill program Tier 2 NEX (from Kerry Griffin & mining Oct 2020: grade gold Talbot appointed Diamond targeting Pilot TSX Ven
Slide 24: The Investment Opportunity
THE INVESTMENT OPPORTUNITY 1. Strategic landholding in a top 5 2. Numerous defined drill-ready Australian gold production province exploration targets ALTAN RIO TSXV: AMO 3. Major opportunity to identify 4. Strong management to oversee additional high-grade gold project development SLIDE 24
Slide 25: Contact
Level 2, 2 Richardson Street West Perth WA Australia T: +618 9322 1788 E: [email protected] www.altanrio.com
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