M I N E R A L S L I M I T E D - ASX2016/08/01 · Previously the Principal Geologist for First...

Alicanto Minerals Limited | ACN 149 126 858 | 288 Churchill Avenue Subiaco Western Australia 6008 |

T: +61 8 6489 0700 | F: +61 8 6489 0710 | PO Box 8254 Subiaco East 6008 | www.alicantominerals.com.au | ASX: AQI

A L I C A N T OM I N E R A L S L I M I T E D

Monday, 1 August 2016

ASX Announcement

ASX Market Announcements

Australian Securities Exchange

Diggers and Dealers Investor Presentation Alicanto Minerals Ltd (ASX: AQI) (“Alicanto” of “the Company”) will be in attendance at the Diggers & Dealers

Conference to be held in Kalgoorlie from Monday, 1 August to Wednesday, 3 August 2016. Attached is a

Company Investor Presentation.

Alicanto invites any investors who would like to learn more about Alicanto and its highly prospective Arakaka

and Ianna Projects in Guyana to visit us at booth 113 in the conference centre.

For detailed information on all aspects of the company and its project please visit:

www.alicantominerals.com.au or contact:

Travis Schwertfeger – Managing Director

+61 8 6489 0700

About Alicanto

Alicanto Minerals Limited (ASX: AQI) is an emerging mineral exploration company focused on the exploration

and development of a portfolio of gold projects in the prospective geological provinces of Guyana. In addition to

the exploration of its current Guyanese projects, the Company is continuously evaluating additional projects in

both Guyana and overseas for potential joint venture or acquisition.

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A Regional Scale Gold Project Guyana | South AmericaInvestor Presentation - August 2016ASX Code | AQI

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ASX Code | AQI www.alicantominerals.com.au 2

Presentation Disclaimer

General Information & Disclaimer

This presentation has been prepared for the purposes of providing information to the recipient regarding Alicanto Minerals Limited (Alicanto or the Company). It does not, and does not purport to, contain all the information that the recipient may require to evaluate the Company. It should be read in conjunction with Alicanto’s other periodic and continuous disclosure announcements, which are available at www.asx.com.au.

No representation or warranty is given as to, and the recipient must not rely on, any information, statement or opinion contained in this presentation, or its accuracy, reasonableness or completeness. Except for statutory liability which cannot be excluded, each of Alicanto, its affiliates, directors, employees, advisers and agents expressly disclaims any responsibility for the accuracy or completeness of the material contained in this presentation and excludes all liability whatsoever for any loss or damage of any kind arising as a result of the use of, or reliance on, the information in this presentation.

This presentation does not take into account the investment objectives, financial situation or particular needs of any investor, potential investor or any other person. No investment decision should be made in reliance on this presentation. Independent financial and taxation advice should be sought before making any investment decision.

Forward Looking Statements

This presentation may contain certain forward looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles; planned capital requirements; and planned strategies and corporate objectives.

Forward-looking statements are subject to a variety of known unknown risks, uncertainties and other factors that could cause actual events or results to materially differ from those reflected inthe forward- looking statements, including, without limitation: inherent uncertainties and risks associated with mineral exploration; uncertainties related to the availability of future financingnecessary to undertake activities on Alicanto’s properties; uncertainties related to the possible recalculation of, or reduction in Alicanto’s minerals resources; uncertainties related to theoutcome of studies; uncertainties relating to fluctuations in gold prices; the risk that Alicanto’s title to its properties could be challenged; risks related to Alicanto’s ability to attract and retainqualified personnel, uncertainties related to general economic and global financial conditions; uncertainties related to the competitiveness of the industry; risk associated with Alicanto beingsubject to government regulation, including changes in regulation; risks associated with Alicanto being subject to environmental laws and regulations, including a change in regulation; risksassociate with Alicanto’s need for governmental licenses, permits and approvals; uninsured risks and hazards; risk related to the integration of businesses and assets acquired by Alicanto; riskassociated with Alicanto having no history if earnings or production revenue; risks associated with fluctuation in foreign exchange rates; risks related to default by joint venture parties (if any),contractors and agents, inherent risks associated with litigation; risk associated with potential conflicts of interest; risk related to effecting service or process on directors resident in foreigncountries; uncertainties related to Alicanto’s limited operating history; risks related to Alicanto’s lack of a dividend history; risks relating to short term investments; and uncertainties related tofluctuations in Alicanto’s share price.

Alicanto’s forward-looking statements are based on the assumptions, beliefs, expectations and opinions of management as of the date hereof and which Alicanto believes are reasonable in thecircumstances, but no assurance can be given that these expectations will prove to be correct. These assumptions include but are not limited to that Alicanto’s exploration of its properties andother activities will be in accordance with Alicanto’s public statements and stated goals, that there will be no material adverse change affecting Alicanto or properties, anticipated costs andtiming for Alicanto’s activities and such other assumptions as set out herein.

Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. They are not guarantees of future performance and involve known andunknown risks, uncertainties and other factors many of which are beyond the control of the Company. The forward looking statements/projections are inherently uncertain and may thereforediffer materially from results ultimately achieved.

The Company does not make any representations and provides no warranties concerning the accuracy of the forward looking statements, and disclaims any obligation to update or revise anyforward looking statements based on new information, future events or otherwise except to the extent required by applicable laws.

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Marcus Harden, a Competent Person who is a Member of The Australian Institute ofGeoscientists. Mr Harden is a full time employee as Chief Geologist for the company. Mr Harden has sufficient experience that is relevant to the style of mineralisation and type of deposits underconsideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, MineralResources and Ore Reserves’. Mr Harden consents to his inclusion in the report of the matters based on his information in the form and context in which it appears.

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http://www.asx.com.au/



Guyana - Mining friendly Government, Open to foreign Investment,

Strong Mining Culture

Social Licence to Operate

+400koz Au pa artisanal production

Gold is Guyana’s largest export

English speaking / British Common Law

Two mines declaring commercial

production in 2016;

Aurora Deposit (Guyana Goldfields)

2.8moz Au @ 2.94g/t Au Reserve 188koz pa w/ AISC of US$661/oz

Karouni Deposit (Troy Resources)633koz Au @ 4.13g/t Au90koz pa w/ AISC of US$805/oz

GuyanaHighly prospective and underexplored Geological continuity between Guiana Shield and West Africa

West Africa is host to over 275Moz Au - substantial portion discovered in last 15 years attributed to modern exploration

Guiana Shield is VERY underexplored relative to West Africa

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Alicanto Corporate Snapshot

ASX Code: AQI

Share on issue 83.6m

Options 24.7m

Current Share Price A$0.25

Current Market Capitalisation A$21m

Top 20 Holders +50%

Board & Management +20%

Didier Murcia, Non-Executive ChairmanLawyer, over 25 years experience in corporate,commercial and resources law, including extensiveexperience in resource projects in Africa and SouthAmerica.

Marcus Harden, Chief GeologistGeologist, Extensive gold and base metals explorationexperience throughout Australia, West Africa and Asia.

Previously the Principal Geologist for First QuantumMinerals and Gryphon Minerals in West Africa. Universityof Edinburgh graduate, first class honours degree inGeology.

Travis Schwertfeger, Managing DirectorGeologist, formerly with Newmont, over 18 yearsexperience in mining and exploration for gold onnumerous projects throughout South & North America,Africa and Australia.

■ Experienced Board and Technical Team - unique technical approach, proven exploration experience

■ Acquisition has delivered two exceptional projects in Guyana’s underexplored Northwest District

Hamish Halliday, Non Executive DirectorExtensive corporate & technical experience. Instrumentalin discovery & acquisition of numerous projects over fourcontinents. Mr Halliday has founded and held executiveand non-executive directorships with a number ofsuccessful listed exploration companies including VentureMinerals Ltd and Adamus Resources Ltd.

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Arakaka & Ianna Gold Project Highlights

ARAKAKA GOLD PROJECTRegional Scale Project with potential to

deliver a World Class Gold District

Multiple >1Moz Potential Prospects

4 Extensive Mineralised Structural Corridors

>40 Strike Kilometres of Targets

Over US$20m in Previous Exploration

Existing Camp/Access and Infrastructure

Modern Exploration in its Infancy

No Social or Native Cultural Issues Identified

+1Moz Au Historical Gold Production

Excellent platform for discovery in next steps of exploration

Both Projects Located on World Class Guiana Shield Terranes host to >100 million ounces Gold endowment

IANNA GOLD PROJECTDistrict Scale Project with potential to

deliver a World Class Gold Deposit

Multiple >1Moz Potential Prospects

2 Extensive Mineralised Structural Corridors

>7 Strike Kilometres of Targets

Over US$5m in Previous Exploration

Existing Camp/Access and Infrastructure

Modern Exploration in its Infancy

No Social or Native Cultural Issues Identified

Substantial Historical Gold Production

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Earn-in with Barrick Gold CorporationArakaka Gold Project

■ Alicanto to remain the operator during the first two years overseeing anticipated explorationexpenditure of up to US$4,000,000

■ Barrick will have voting control of the steering committee and will provide final approval of agreedexploration programmes

■ If Barrick terminates prior to completion of the US$10m contribution they will forfeit all rights andinterest to the Arakaka Gold Project

■ If Barrick completes the US$10m contribution, an Arakaka JV is formed and then Alicanto must either;

o Contribute costs on a proportional basis to retain its 35% interest; or

o Go to 15% Free Carry by way of a straight line dilution mechanism

■ Upon a notice of decision to mine by the Arakaka JV, Alicanto can elect to either contribute, or convert itsinterest in the project to a 2% net smelter royalty

Note: Refer to Alicanto News Release to the ASX dated 1 March 2016 for additional information

Barrick has the option to earn-in to a 65% interest in the Arakaka Gold Project based on meeting total funding requirements of US$10.0 million, including;

US$1.8m minimum contribution by 31 December 2016, counted towards a total;

US$8.0m exploration expenditure over four years; and

US$2.0m cash paid to Alicanto at completion of earn-in expenditure

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Ianna flights - approx. 45 mins from the Capital, Georgetown

Daily commercial Arakaka flights to Matthews Ridge, 10km from Arakaka Project

All-season road network

Monosse Exploration Camp rehabilitated and being utilised as base for regional exploration activities

Deep water port at Port Kaituma, 15km from Arakaka Gold Project

Arakaka & Ianna Gold ProjectGood Access and Infrastructure

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5 km

Matthews Ridge

Daily Commercial Flights

10km to Arakaka Project

Purple Heart Area

Peak Soil: 8.1g/t Au

13.5m @ 7.36g/t Au from 87m

48m @ 1.84g/t from Surface

14-Mile Area4m @ 21.08g/t Au

9m @ 1.89g/t Au

7m @ 1.81g/t Au

2m @ 4.17g/t Au (end of hole)

Multiple Un-drilled Prospects

Aviao Area>2km +100ppb Au in soils

22m @ 2.15g/t Au in trench

Macaw

>4.5km +100ppb in soils

20.5m @ 2.96g/t Au in trench

Goat HillTrenching: 22m @ 2.34g/t

Gomes Hill Prospect14m @ 3.43g/t Au

17m @ 3.11g/t Au

Only 500m strike drilled

Eyelash Area

>5km +100ppb anomaly w/ Peak Soil: 9.93g/t Au

up to 141g/t Au in shaft sampling

Channel sampling up to 2m @ 33.4g/t Au


>5km

Strike

Pepperpot AreaRock chips to 8.6g/t Au

Largest Saprolite Pit in District

Xenopsaris Area>6km +100ppb anomaly w/

Peak Soils: 6g/t, 2.8g/t Au

Undrilled

5 - 12

12 - 25

25 - 50

50 - 125

125 - 250

250 - 500

500 - 1000

1000 – 5000

5000 - 22100

Gold in soils (ppb)

Xenopsaris

Extension

Newly Granted

tenure

Regional Scale Land Position Multiple Target Areas defined targeting >1Moz Au Potential

Powis Area

Rock Chips to 84.2g/t Au

2.4m @ 8.5g/t Au from 46.6m

2.4m @ 3.24g/t from 5.6m

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■ Purple Heart & Pepperpot Areas comprised of multiple saprolite pits on hill side, constrained by alluvial cover

■ Consistent Geology and mineralisation style >6km strike

■ High strain zone, multiple fold hinges mapped within

■ Potential for bulk tonnage gold mineralisation with localised High grade mineralisation

■ Initial drill test on Pepperpot planned for 2016

Purple Heart Target AreaBetter Historic Diamond Drill Intercepts Include;

13m @ 7.36g/t Au from 87m10m@ 3.10g/t Au from surface48m @ 1.84g/t Au from surface1m @ 30.6g/t Au from 86m

Arakaka Main TrendDiamond drilling program

■ Testing 2km segment within >12km of near continuous +100ppb Au surface anomalism

■ Footprint of Alluvial Workings analogous to 26.9moz Las Cristinas/Las Brisas & 13.7moz Gros Rosebelgold deposits across Extent of Arakaka Main Trend

5 km

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Saprolite workings at

Purple Heart Target Area

Rodrigues Prospect,

Purple Heart Target Area

Visible gold in quartz, Purple Heart Target Area

Arakaka Main TrendPurple Heart Area Saprolite Workings

Two Sections 750m of drilling apart return favourable intercepts with in-fill drilling required with >2.4km long gold anomaly with >100ppb Au

Up to 13.5m @ 7.36g/t Au in Diamond Drilling

Up to 48m @ 1.84g/t Au in Diamond Drilling

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(View Looking East)

5 km

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10km

Regional Scale Land Position Ianna Gold Project Acquisition

Xenopsaris /Gomes Area14m @ 3.43g/t Au

17m @ 3.11g/t Au

>6km +100ppb anomaly w/

Peak Soils: 6g/t, 2.8g/t Au

Multiple Undrilled Prospects

Purple Heart Area

13.5m @ 7.36g/t Au from 87m

48m @ 1.84g/t from Surface

Pepperpot AreaRock chips to 8.6g/t Au

Largest Saprolite Pit in District

King Ransom Area12m @3.99g/t Au from surface

Historical trenching of up to;

21m @ 9.93g/t Au

20m @ 6.75g/t Au

Ianna Trend Area50m @ 2.47g/t Au from 10m

48m @ 1.19g/t Au from surface

14m @ 4.27g/t Au from 24m



14-Mile Area4m @ 21.08g/t Au

9m @ 1.89g/t Au

7m @ 1.81g/t Au

2m @ 4.17g/t Au (end of hole)

Multiple Undrilled Prospects

Eyelash Area

>5km +100ppb anomaly w/ Peak Soil: 9.93g/t Au

up to 141g/t Au in shaft sampling

Channel sampling up to 2m @ 33.4g/t Au


Favourable Geological Setting• located in Barama-

MazaruniGreenstone Belt in Guyana’s Northwest District

• less than 25km from Alicanto’s flagship Arakaka Project

Good Infrastructure• Existing 30 Man

Camp• Road Access from

Monossee Camp• Excellent River

Access • Existing Airstrip

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Kings Ransom Target

Area:

RC Drilling to:

12m @ 3.99g/t Au

Highlights include:

■ Ianna hosts two extensive mineralised

corridors delivering “Walk up” drill targets

extending over 7km of strike extent.

■ Historical drilling has already delivered

multiple ore grade intersections in the top 60m;

■ 50m @ 2.47g/t Au from 10m to end of

hole

■ 48m @ 1.19g/t Au from surface

■ 14m @ 4.27g/t Au from 24m

■ 12m @ 3.84g/t Au from 20m

■ 12m @ 3.99g/t Au from surface

■ The Ianna Gold Project contains both the

structural and lithological setting considered

ideal to host large scale gold deposits.

■ The Project host excellent Infrastructure,

including existing camp facilities, airstrip and

river port.

Ianna Gold Project Acquisition

10km

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Ianna Target Area

30 man camp

RC Drilling to:

50m @ 2.47g/t Au at EOH

48m @ 1.06g/t Au at EOH

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Lancehead Prospect

RC Drilling incl:




Bushmaster Prospect

Labaria Prospect

Fern leaf:

RC Drilling incl:


Sweetheart:

RC Drilling incl:


El Paso:

RC Drilling incl:

2m @ 11.03

from 48m

Soil Sampling to

5.57g/t Au

Undrilled

Money Pit:

Undrilled

Soil Sampling to

5.74g/t Au

Undrilled

Soil Sampling to

5.96g/t Au

Undrilled

Soil Sampling to

66.86g/t Au

Undrilled

■ Over 12,400m’s Reverse Circulation and

926m’s Diamond drilling historically

■ Limited strike extent drilling remaining

open along strike

■ ~95% of drilling testing continuity of

mineralisation in top 50m below surface

remains open at depth

■ Ianna hosts two extensive mineralised

corridors delivering “Walk up” drill targets

on favourable geochem targets

■ Historical drilling has already delivered

multiple ore grade intersections in top 60m;

Bushmaster Prospect:

■ 50m @ 2.47g/t Au from 10m to End of Hole

■ 48m @ 1.19g/t Au from surface.

Labaria Prospect:

■ 14m @ 4.27g/t Au from 24m

■ 12m @ 3.84g/t Au from 20m

Lancehead Prospect:

■ 4m @ 4.51g/t Au from 18m

■ 2m @ 7.96g/t Au from 6m

■ 10m @ 1.83g/t Au from 2m

Ianna Gold Project – Gomes Ianna Trend

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Arakaka - Xenopsaris AreaGomes – Ianna Trend

Gomes Hill ProspectDrilled, open ended mineralisation on 500m strike within the Xenopsaris Target Area’s Extensive corridor of un-drilled gold anomalism

>6km of high tenor Auger and

Soil Anomalism (+100 ppb Au)

Undrilled

2015 Exploration includes auger sampling and extensions to open-ended soil anomalism

■ Peak Auger Values: 10g/t, 3.7g/t, and 2.8g/t Au

■ Peak Soil Values: 6.9g/t, 2.09g/t, and 1.89g/t Au

■ >1.5km extension to anomalism in 2015, remains open ended

5 km

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Arakaka - Eyelash Target Area

■ >20km of alluvial placer workings sourced from Eyelash

■ Multiple saprolite pits up to >600m long

■ Numerous underground workings

■ Peak Soil Values 6.9g/t, 2.09g/t, and 1.89g/t Au

Eyelash Quartz w/ Gold

Peak Rock Chips; 142, 97.3, 68.3, 53.8 and 41g/t Au

Vein zone channel samples, better results include;

2.0m @ 33g/t Au 0.6m @ 68.36g/t Au

29m Underground Adit in footwall of vein zone returned;

5.4m @ 2.74g/t Au 10.0m @ 2.58g/t Au and; 2.0m @ 8.16g/t Au

■ Visible Gold intersected in drill holes w/ assay results up to 8.87 g/t Au over 1.4m

■ Limited drilling - Only five holes over multiple prospects

Insufficient Drilling - High Grade targets Undrilled

5 km

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Arakaka - 14 Mile AreaArakaka Main Trend

Multiple Mineralised Trends with Multiple Undrilled Targets

Gold Hill Prospect Drilled, open ended gold mineralisation

Proof of concept in drilling High grade veins associated with broader disseminated mineralisation for bulk tonnage targets

Dorca Manuel

Khan

2014 RC results include:

■ 4m @ 21.08g/t Au from 48m

■ 9m @ 1.89g/t Au from 76m

■ 7m @ 1.81g/t Au from 33m

■ 2m @ 4.17g/t Au end of hole - 113m

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Current Work PlanArakaka Minimum US$1.8m Expenditure in accordance with Barrick Earn-in Agreement

■ Arakaka Drilling Campaign - 5,000m In Progress■ 1,534m drilled in June Pending Sampling and Analyses

■ ~850m in July Drilling in Progress

■ ~2,700m RC drilling Proposed – Sept Quarter

■ Mapping, Auger, Rock Chip, IP Geophysics Completed – June Quarter

■ Trench Sampling across Alicanto Soil & Auger Anomalies Proposed –Sept Quarter

■ Soil Survey Extensions to the northwest of Gomes – Xenopsaris Trend Proposed - Sept Quarter

Ianna Gold Project Acquisition

■ Technical Due Diligence, Mapping, Rock Chipping, Drill Collar verification August

■ Exploration Proposal Following Completion of acquisition Proposed - September

Streams Auger Rock Chipping Mapping Drilling Assaying

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Guyana’s Northwest DistrictUnderexplored and undeniably rich in gold■ 5,000m Drilling completed through September Quarter On Arakaka Main Trend

■ Ianna Gold Project Acquisition, Field Reconnaissance Results, and Exploration Proposal in Sept Qtr

■ Total funding requirement of $10,000,000 USD in four years for Barrick to earn in to 65% interest on Arakaka

■ Barrick required to spend a minimum of US$1,800,000 in 2016

■ Alicanto retains operation control in first half of Arakaka Gold Project Earn-in

■ Arakaka Trend is one of the oldest and most prolific gold districts in the Guiana Shield with more than 1moz of artisanal gold production

■ Internationally Recognised Technical Team - unique and innovative technical approach, with proven exploration experience and success

■ Tight capital structure, Top 20 shareholders hold over 50% with board and management over 20%

Gold Hill Saprolite Pit at 14 Mile Target Area

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Contact

Registered Office288 Churchill AvenueSubiaco WA 6008

Telephone:+ 61 8 6489 0700Facsimile: + 61 8 6489 0710

Email: [email protected]: www.alicantominerals.com.au

Guyana Office63 Middle and Main Street,North Cummingsburg,Georgetown, Guyana

ASX Code | AQI

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