Alien Metals Ltd · LSE:UFO

Alien Metals — Arian Silver — Investor Presentation (May 2006)

19 slides from Alien Metals's investor presentation, May 2006

  1. Slide 1: London's 1st Primary Silver Co.

    London’s 1st Primary Silver Co. 1

  2. Slide 2: Arian Silver Company Profile

    Arian Silver Company Profile ƒ Private company registered in England ƒ approx US$2.75m in treasury (April 10th 2006) ƒ ~ 24m shares currently in issue ƒ Experienced technical and financial management team ƒ Portfolio of high quality silver projects in Mexico’s premier silver district ƒ Short term ta

  3. Slide 3: Senior Management

    Senior Management Tony Williams - Non Executive Chairman Chairman of the Dragon Group of companies, Tony has 30 years’ experience in mineral exploration and production worldwide. He is a Director of several public and private mineral exploration companies in the UK and North America. Jim Williams -

  4. Slide 4: Location in Zacatecas state

    Location in Zacatecas state… … heart of the Mexican silver belt 4

  5. Slide 5: Mexico

    Mexico Stable, business friendly ƒ Mexico is a stable democratic republic ƒ Free market economy which is part of NAFTA ƒ GDP 4.2% (2004) with relatively low inflation and good credit ratings ƒ World leader in silver production, approx 94 million ounces (2004) ƒ Favourable mining culture conducive to

  6. Slide 6: Arian Projects, Zacatecas State

    Arian Projects, Zacatecas State … initial focus on past producing “Brownfield” sites Zacatecas ƒ Calicanto ƒ Los Campos Ojocaliente ƒ San Celso ƒ Donovan 1 ƒ Donovan 2 ƒ Africana ƒ Navidad Sombrerete ƒ Reyna Victoria ƒ El Triangulo 6 Total area: 3444 ha

  7. Slide 7: Zacatecas Overview

    Zacatecas Overview Calicanto • Located in the central part of the Zacatecas Silver District, adjacent to Capstone Gold’s Cozamin property • Property covers 3 known main veins and 2 lesser veins • Arian has advanced the decline to access the Calicanto vein and workings • Initial results from Run Of M

  8. Slide 8: Calicanto Main Vein

    Calicanto Main Vein OLD HIGH GRADE HW WORKINGS oxides 4m+ sulphides FW HW Oxide vein FW Sulphide vein In places >10 kg/t Ag, Approx 5 g/t Au, >10 g/t Au over 1.2 ROM bulk sample returned plus Ag m. ~390 g/t Ag 8

  9. Slide 9: Calicanto Exploration Targets

    Calicanto Exploration Targets Buenaventura Vein Targets Nevada Vein Targets • Vein essentially undeveloped • Continuation of vein along • Vein intersections strike and to depth • Vein intersections Collado Mine Workings Calicanto Mine Workings Nevada Mine Workings Calicanto Vein Targets KEY • Near s

  10. Slide 10: Ojocaliente

    Ojocaliente ƒ Arian has a number of mining concessions located within the Ojocaliente district with good geological potential: ƒ San Celso - advanced exploration on known veins ƒ Donovan 1 - Epithermal and Skarn potential ƒ Donovan 2 - VMS potential, similar to nearby “San Nicolas” deposit (Teck Com

  11. Slide 11: San Celso

    San Celso … several structures identified Las Cristinitas Vein 646 g/t Ag over 1.6m Cross-cut Vein 447 g/t over 2.8m 6m wide (true-width) structure With portions grading: 85 g/t Ag, 2.4% Pb, 3.5% Zn San Celso Vein 636 g/t Ag over 1.7m 1044 g/t Ag over 1.15 m 11

  12. Slide 12: Sombrerete

    Sombrerete ƒ Number of high quality epithermal silver concessions in Jimenez del Teul mining district ƒ Centered around the historic workings of Reyna Victoria and El Triangulo mines ƒ Preliminary sampling returned >9g/t Au & ~300g/t Ag 12 View from open stope at El Triangulo

  13. Slide 13: Tailings Projects

    Tailings Projects High margin, near-term revenue ƒ Arian is currently investigating a number of tailings projects ƒ Initial reconnaissance sampling by Arian has identified a project with > 2 MT of tailings with an average grade of ~180g/t Silver (5.2 oz/t) ƒ Arian is in negotiations on these tailing

  14. Slide 14: Tailings Processing

    Tailings Processing Environmentally friendly, low cost operations ƒ Initial metallurgical testing indicate silver and gold may be recovered using Thiosulphate solutions. ƒ >70 % recovery over approx 7 days ƒ Thiosulphate ($0.3/kg) ten times cheaper that cyanide ($3/kg), and more environmentally frie

  15. Slide 15: 18 month Targets

    18 month Targets ƒ 2006: List on London AIM & TSX-V ƒ Ongoing: Mine rehabilitation and evaluation ƒ Calicanto Ramp Advance ƒ El Morro underground mapping and sampling ƒ Ongoing: Metallurgical Test-work ƒ Tailings material for Thiosulphate leach tests ƒ Calicanto Material – bulk sample (~50t) floatat

  16. Slide 16: Why Invest in Silver?

    Why Invest in Silver? ƒ Falling mine output and little replacement with new mine production provide Silver with good fundamentals for price growth. ƒ Increasing demand from China and India ƒ Approval of ETF will further increase investment demand ƒ Demand is likely to outstrip production ƒ Supply de

  17. Slide 17: Why invest in Arian Silver?

    Why invest in Arian Silver? ƒ Experienced management team and board of directors with proven track record in developing and financing mineral resource projects worldwide ƒ Currently operating in Mexico, the world’s largest silver producer, and committed to attracting foreign investment in the mining

  18. Slide 18: Disclaimer

    Disclaimer Forward-looking statements are inherently subject to substantial risks and uncertainties, many of which the Company cannot accurately predict or control. Although the Company is persuaded to forecast future events and plans of the Company for the benefit of its shareholders and prospectiv

  19. Slide 19: London's 1st Primary Silver Co.

    London’s 1st Primary Silver Co. Arian Silver Plc T +44 (0)20 7529 7511 43 North Audley Street F +44 (0)20 7491 2244 London W1K 6WH E [email protected] 19 www.ariansilver.com

Arian Silver — Investor Presentation (May 2006) on 6ix