Alma Metals : Investor Presentation and Mining Journal Interview

21 July 2022

For personal use only

INVESTOR PRESENTATION

Alma Metals Limited (ASX: ALM) is pleased to attach a copy of its latest investor presentation, which follows the recent announcement of its commitment to an earn-in joint venture to evaluate Briggs porphyry copper deposit in Queensland.

Managing Director, Frazer Tabeart, was recently interviewed by Mining Journal to provide an update on the Alma Metals projects and a link to the video can be accessed from Alma Metals website https://almametals.com.au/.

This announcement is authorised for release by Managing Director, Frazer Tabeart.

For further information, please contact the Company directly:

[phone]

[e-mail]

onlyuse ersonalASX:

ALM

July 2022

Advanced copper

exploration in

Australia

Copper Exploration Portfolio Summary

only	Earn-In option exercised over Briggs Copper Project in

	Queensland, ALM can earn up to 70%.
 Next phase of drilling at Briggs to start in H2 2022, to test
	exploration targets, increase resource size and provide
	material for metallugical test-work,
 Part of Stage 1 Earn-In (A$2.25M, ALM to 30%).
use	Aim to complete Stage 2 Earn-In (A$3.0M, ALM to 51%) by

	end 2023, including further drilling and a scoping study.
 Negotiations with Traditional Owners regarding access to
ersonal	the East Kimberley copper project making good progress.
Potential to commence fieldwork in H2, 2022.
Results from first phase of roadside sampling for porphyry

	Cu-Au targets and intrusion related gold targets in SW of
	Western Australia expected during Q3 2022.

 ALM seeking additional exposure to copper in Australia.

East Kimberley

Copper

SW Terrane Copper-Gold

Briggs JV

Copper Project

Slide 2

Strategic Focus on Australia and Copper

 Very strong fundamentals for long-term growth in copper market.
 ALM seeking to expand portfolio with more exposure to copper
 Focus on Tier 1 fiscal jurisdictions.
 Demand for copper increasing for global de-carbonisation
only	(renewable energy, electric vehicles,) - strong ESG credentials
 Key assets held by the Company:
use	 Earn-In JV over Briggs and Mannersley copper project
(143Mt @ 0.29% Cu inferred mineral resource) in SE
Queensland for a staged earn-in up to 70%.
 Five exploration licences granted for Cu, Cu-Au, Au in SW
ersonal
Terrane of Western Australia, preliminary exploration
underway.
 Five exploration licence applications submitted for to large-
scale sediment-hosted copper exploration projects in the
East Kimberley of WA - first mover potential in a new
province.
 Cash and liquid investments in ASX-listed copper resources
companies Caravel Minerals (CVV) and Canterbury
Resources (CBY) worth ~A$4.6M.

Slide 3

Copper's role in Global De-carbonisation

use only
ersonal
Source: Trafigura Research April 2022
	Slide 4
	Source: Bloomberg, WoodMac, UBS estimates May 2021