Tony Worth
Tony Worth
Executive Director
Alamar Resources Ltd
Alamar Resources Ltd
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Corporate Disclaimer
Corporate Disclaimer
This document has been prepared by Alamar Resources Ltd to provide existing and prospective
This document has been prepared by Alamar Resources Ltd to provide existing and prospective
investors in Alamar Resources Ltd with a Company overview and update.
Any statements, opinions, projections, forecasts or other material contained in this document do
not constitute comments, representations or warranties Alamar Resources Ltd and/or associated
entities or its directors agents and employees
entities or its directors, agents and employees.
Except as required by law, and only to the extent so required, directors, agents and employees of
Alamar Resources Ltd shall in no way be liable to any person or body for any loss, claim, demand,
damages, costs or expenses of whatsoever nature arising in any way out of, or in connection with,
the information contained in the document
the information contained in the document.
This document includes certain statements , opinions, projections, forecasts and other material,
which reflect various assumptions. The assumptions may or may not prove to be correct.
Recipients of the document must make their own independent investigations, considerations and
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take their own independent advise from their own financial advisor prior to making any decisions
to invest in the Company.
Scientific or technical information in this news release has been prepared under the supervision of
Mr Tony Worth BSc, an employee of the Company and a Member of the Australasian Institute of
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Mining and Metallurgy (AusIMM). Mr Worth has sufficient experience which is relevant to the
style of mineralisation under consideration and to the activity which he is undertaking to qualify
as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves" (the JORC Code). Mr Worth consents to
the inclusion in this report of the Information in the form and context in which it appears
the inclusion in this report of the Information, in the form and context in which it appears
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Corporate Overview
Corporate Overview
Board & Management
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Grant Button: NonExecutive Chairman
Tony Worth: Executive Director
Michael Cartwright: NonExecutive Director
Michael Cartwright: Non Executive Director
David Parker: Company Secretary
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Major Shareholders
Quincy Nominees P/L <S/F A/C>
4.9%
Virtual Genius P/L <Hampden Estate A/C>
3.3%
Monemvasia P/L
3.3%
Shane Wee <Wee Family A/c>
2.7%
Henderson Capital P/L <Henderson Invest A/c>
2.5%
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Top 20 Shareholders
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42% f FPO h
The top 20 shareholders own 42% of FPO shares
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Corporate Overview
Corporate Overview
Capital Structure
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FPO
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22 500 001
Shares FPO on issue:
22,500,001
Options on issue: (unlisted, $0.20 expire 30/6/2011)
1,000,000
Cash at bank (as at 30 Sep 2009):
circa $2M
Market Capitalisation (at 20c per share, undiluted):
circa $4.5M
Historical cash burn per quarter of less than $100,000
Listed on the ASX since July 2008
ASX Code: ALG
Corporate Strategy
Develop Western Australian gold and uranium exploration project portfolio
through greenfields exploration of existing tenements strategic joint
through greenfields exploration of existing tenements, strategic joint
ventures and targeted EL applications
Review major resource based projects for acquisition both locally and
internationallyy
Maintain low corporate operational cash burn
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Yandal Greenstone Belt
The belt has past production /
existing resources in excess of
15M oz Au
Still remains underexplored in
comparison to other West
Australian Greenstone belts
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Alamar controls approximately
190km˛ of tenure within the belt
Alamar projects within trucking
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distance to Bronzewing mill
(recently purchased by
Navigator
Resources Ltd
, due to reopen?)
Yandal Greenstone Belt Geology
Alamar Tenure shown in black
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Yandal Greenstone Belt
Tenure position at listing
Mandilla Well project (80%
Alamar)
Purchased for $100,000 plus
250,000 shares in Alamar
Alamar Tenure 2008
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Yandal Greenstone Belt
Tenure position 2009
Mandilla Well project (80% Alamar)
Vacant ground adjacent to Corboys
Vacant ground adjacent to Corboys
(published resource 138,000 oz Au)
acquired as Exploration Licences
(100% Alamar)
Corboys historic workings extend
on to Alamar `s tenure
Alamar Tenure 2009
Historic workings north of Corboys
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Yandal Greenstone Belt
Tenure position 2009
Mandilla Well project (80%
Alamar)
Vacant ground acquired
JV with Aragon Resources: Alamar
to earn 70% by spending
approximately $300,000 on
exploration over three years
Alamar now controls 20km strike
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length of prospective sheared
granite greenstone contact
(Barwidgee Fault)
Alamar Tenure 2009
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Yandal Greenstone Belt
6000m AirCore/RAB drilling
program planned for January 2010
Drilling to target 6km of prospective
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sheared contact concealed under
transported cover
Previous drilling has also highlighted
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several areas for followup drilling,
eg
Corboys North
Mandilla Well
Alamar Drill Program, January 2010
Proposed holes in pink
Existing holes in grey
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Calcrete Hosted Uranium in Western Australia
alcrete Hosted Uranium in Western Australia
In excess of 230M lb U in
calcrete hosted deposits in WA
Three deposits set for
development (Yeelirrie Lake
development (Yeelirrie, Lake
Way, Lake Maitland)
Relatively cheap, easy to
explore
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Excellent open file (free)
radiometric data available
Prospective ground available (in
l 2009)
early 2009)
Supportive Government pro
uranium mining policy
Good medium long term
Good medium long term
outlook for uranium
demand/price
Radiometric Uranium Count Image, Central Yilgarn
(contained U in known deposits taken from various published sources)
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Calcrete Hosted Uranium: Model
alcrete Hosted Uranium: Model
Simple model for deposit
formation
Source Granites with
elevated Uranium
Radiometric Uranium Count Image
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Calcrete Hosted Uranium: Model
alcrete Hosted Uranium: Model
Simple model for Deposit
formation
Source
Granites with
elevated Uranium
Radiometric Uranium Count Image
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Calcrete Hosted Uranium: Model
alcrete Hosted Uranium: Model
Simple model for Deposit
formation
Source
Granites with
elevated Uranium
Pathway
dissolution of
uranium into groundwater
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and transport along paleo
drainages
Radiometric Uranium Count Image
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Calcrete Hosted Uranium: Model
alcrete Hosted Uranium: Model
Simple model for Deposit
formation
Source
Granites with
elevated Uranium
Pathway
dissolution of
uranium into
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groundwater and
transport along paleo
drainages
Focus
concentration of
Focus
concentration of
uranium rich groundwater
(channels, lakes)
Radiometric Uranium Count Image
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Calcrete Hosted Uranium: Model
alcrete Hosted Uranium: Model
Simple model for Deposit
formation
Source
Granites with
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elevated Uranium
Pathway
dissolution of
uranium into groundwater
and transport along paleo
p
g p
drainages
Focus
concentration of
uranium rich groundwater
(channels lakes)
(channels, lakes)
Trap
precipitation of
carnotite caused by change
in ground water chemistry
(fl d
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??
(fluid mixing, salinity / pH
change etc)
Deposit
Formation
Radiometric Uranium Count Image
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Calcrete Hosted Uranium: Model
alcrete Hosted Uranium: Model
Simple model for Deposit
formation
Source
Granites with
elevated Uranium
elevated Uranium
Pathway
dissolution of
uranium into groundwater
and transport along paleo
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drainages
Focus
concentration of
uranium rich groundwater
(channels, lakes)
Trap
precipitation of
carnotite caused by change
in ground water chemistry
(fluid mixing, salinity / pH
change etc)
Deposit
Formation
Alamar Tenure: E59/1628
Radiometric Uranium Count Image
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Yil
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Yil
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Central and North
entral and NorthEastern Yilgarn, Western Australia
Eastern Yilgarn, Western Australia
Radiometric Uranium Count Image
(contained U in known deposits taken from various published sources)
E36/723: Yeelirrie Paleochannel
4km from the Yeelirrie South (Little Well) Prospect (BHP)
4km from the Yeelirrie South (Little Well) Prospect (BHP)
35km from the main Yeelirrie deposit (BHP)
moderate U anomaly in radiometrics
Yeelirrie (+50M Lb U)
Alamar E36/723
U Radiometrics Image
E29/734: Lake Barlee
Large strong U radiometrics anomaly (14km x 4km dimensions)
Large, strong U radiometrics anomaly (14km x 4km dimensions)
UP to 1000ppm U in previous drilling (ASARCO, 1973)
Much of the anomaly still untested by drilling
Alamar E29/734
U Radiometrics Image
E29/734: Lake Barlee
Anomaly comparable to other known deposits in the region
Anomaly comparable to other known deposits in the region
Alamar E29/734
U Radiometrics Image
E59/1628: Yalgoo
Large strong U radiometrics anomaly (8km x 1 5km dimensions)
Large, strong U radiometrics anomaly (8km x 1.5km dimensions)
No previous U exploration recorded in open file data
Alamar E59/1628
U Radiometrics Image
over topography
E38/2260, 2261, 2262: Laverton
3 grass roots targets: U U/Th anomalies in paleo drainages
3 grass roots targets: U, U/Th anomalies in paleodrainages
No previous in ground U exploration recorded in open file data
Alamar E59/1628
U Radiometrics Image
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Strategy for 2010
Strategy for 2010
Complete drilling on Yandal gold projects in early 2010 and
follow up any significant results with RC drilling
Continue to develop Western Australian uranium project
Continue to develop Western Australian uranium project
portfolio through additional targeting and monitoring of
tenure positions, possible joint ventures
Review major resource based projects for acquisition both
locally and internationally
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