ALV 0.00% 12.0¢ alvo minerals limited

Ann: Bluebush Ionic Adsorption Clay (IAC) REE Investor Webinar, page-7

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    I watched the webinar (replay will be uploaded on Alvo's website).

    A few points I got from the webinar:

    • ALV are funded for the first two parts of earn-in

    • ALV have low SOI and are wanting to keep it that way

    • Electromagnetic survey (only device and company using in Brazil) to determine saprolite depths (save on diamond drilling to test depths)

    • Focusing on the highest value REE, such as Dy & Tb. ALV grades on par, if not, better than peers

    • Scoping study/ define resource: Aiming for Qtr 1 2024. If not Qtr 2

    • Clearing permits (for low scrub) for additional 200m spaced auger drilling should be received by the end of this week

    • 130 auger results likely this month
 
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