Strickland Metals Ltd · ASX:STK
Strickland Metals — Alloy Resources — RIU Explorers Conference 2018
18 slides from Strickland Metals's conference presentation, 2018
Slide 1: “Getting back on the Horse”
“Getting back on the Horse” RIU Explorers Conference - Fremantle 2018
Slide 2: Company Disclaimer & Statements
Company Disclaimer & Statements DISCLAIMER EXPLORATION RESULTS MINERAL RESOURCES This presentation has been prepared by Alloy Resources Limited (“Alloy”). The Information in this report which relates to Exploration Results is based on The resources in this release are based on work carried out by Dr
Slide 3: Exploring for Gold & Cobalt in Australia
Exploring for Gold & Cobalt in Australia • The 1,000 km2 Horse Well Gold Joint Venture with Doray Minerals in W.A. • A unique Cobalt-Gold Project in the Broken Hill region of NSW • Large strategic gold projects in Western Australia PG 3
Slide 4: Alloy Resources Limited – Quality Projects
Alloy Resources Limited – Quality Projects LOCATION • Projects Adjacent to Major or World Class Mining Centres PROSPECTIVITY • Large landholdings • Fertile geology with established mineralisation • Underexplored COMMODITY • Gold remains highly attractive • Cobalt is a high-demand metal for battery t
Slide 5: Broken Hill - Cobalt Centre of Australia?
Broken Hill - Cobalt Centre of Australia? The Ophara Cobalt-Gold Project • Large Cobalt deposits in the area at Thackaringa (COB) and Mutooroo (HAV) • 100% owned 314 km2 Project right in the middle • Great Goulburn Cobalt-Gold-Copper prospect identified Historical prospect Alloy drilling has con
Slide 6: Broken Hill - Cobalt Centre of Australia?
Broken Hill - Cobalt Centre of Australia? The Ophara Cobalt-Gold Project • Large Cobalt deposits in the area at Thackaringa (COB) and Mutooroo (HAV) • 100% owned 314 km2 Project right in the middle • Great Goulburn Cobalt-Gold-Copper prospect identified Historical prospect Alloy drilling has con
Slide 7: “Getting back on the Horse”
“Getting back on the Horse” 1. One of W.A’s best Gold Exploration properties 2. High-grade discovery next door 3. Multiple exploration targets ready to go PG 7
Slide 8: Horse Well Gold Project
Horse Well Gold Project • Large 1,000 km2 Gold Exploration play in the north-eastern goldfields of Western Australia The region hosts major gold deposits at Jundee, Wiluna and Bronzewing – NST and EAR • Underexplored Celia Shear mineralised structure • Doray earned a 60% Joint Venture interest durin
Slide 9: Why did ALLOY get back control of Horse Well ?
Why did ALLOY get back control of Horse Well ? BEFORE the JV – up to 2013 • 100,000 ounces of M & I JORC 2004 Mineral Resources • Jundee owned by Newmont – closed to ore processing discussions • Limited Alloy exploration discovers Warmblood and Dusk til Dawn prospects • No risk capital available in
Slide 10: Project Status
Project Status • Extensive greenstone belt up to 10 kilometres wide, with granite intrusives and a major central ‘Celia Shear’ mineralised structure. • The Project has two main known mineralised areas: the northern Dawn prospects area, and the southern Horse prospects area which includes 75,000 ounc
Slide 11: Neighbouring Gold Discovery
Neighbouring Gold Discovery The Celia Shear • Millrose + Horse Well = 384,000 ounces. • Cowza + Warmblood + Dawn Prospects • Huge potential in Alloy’s 60 strike kilometres Overland Resources Limited • 2017 Coralie Jean discovery is located in EL surrounded by HWJV*. • Blind discovery by metal-detect
Slide 12: Southern Celia Shear Prospectivity
Southern Celia Shear Prospectivity Immediate Target • The Celia Shear is outcropping and mappable – see Google Earth • Alloy has 16.5 km of strike extensions to 10 km the Coralie Jean Discovery • Reported problems with soil sampling at Coralie Jean needs to be investigated and previous work by Alloy
Slide 13: Multiple Exploration Targets
Multiple Exploration Targets The major central ‘Celia Shear’ mineralised structure is the major focus for exploration. 1. The northern Dawn prospects area has the advanced ‘Dusk til Dawn’ prospect and large new geochemical anomalies 2. The southern Horse prospects area which includes 75,000 ounces o
Slide 14: Dusk til Dawn Prospect
Dusk til Dawn Prospect • Priority Target for shallow high-grade mineralisation – 3D modelling for drill targets underway • 50m x 40m RC drilling to 200 metres depth has defined mineralisation over 300 metre strike and south east plunge (Refer to ASX release: September Quarterly Report, 28/10/2015) •
Slide 15: Large New Gold Trends Discovered
Large New Gold Trends Discovered Extensive first pass grassroots drill programs testing 10 kilometre strike of greenstone belt completed: ‘Big Daddy’ Eastern and Central Anomalies • 5 kilometres only drilled on 800 m x 160 m spacing • Anomalies associated with granite intrusives on Celia Shear Crack
Slide 16: Warmblood Prospect
Warmblood Prospect • Another Priority Target for shallow high-grade mineralisation – 3D modelling for drill targets underway • Same structure that hosts the very high-grade Filly SW Inferred Resource • Adjacent and parallel to the Celia Shear • 40m x 20m RC drilling to 80 metres depth has defined mi
Slide 17: Company Overview
Company Overview Board of Directors Capital Structure SHARES ON ISSUE OPTIONS (1.5/1.6C UNLISTED) Mr Andy Viner 1,299 m 29 m Executive Chairman – Exploration Geologist Matsa Resources / Jackson Gold / Gindalbie Metals MARKET CAP (@ 0.6c) CASH (Jan 31) $7.8 m $1 m Mr Kevin Hart Non-Executive Director
Slide 18: A Highly Leveraged Investment Opportunity
A Highly Leveraged Investment Opportunity Alloy Resources Summary GOLD + COBALT EXPOSURE The places to be invested STRATEGIC LOCATIONS Close proximity to Major Mineral Deposits and Operations BIG TARGETS Great exploration results and large land holdings to explore WELL FUNDED Strong support