Alba Minerals Corporate Presentation

Melville Bay: Iron Ore www.albamineralresources.com 23  51% owned  Previous licence holder performed - reconnaissance geochemical sampling - high-resolution magnetic survey - drilling programme  Maiden inferred resource of 67 Mt @ 31.4% Fe  First Alba exploration campaign in 2018  Same region as Thule Black Sands project – logistical savings Why Melville Bay?  Proximity to Thule Mineral Sands project, plus airport and harbour  Targeting high-grade haematite – previous drilling at Haematite Nunatak confirmed mineralisation mainly composed of haematite (including 48.7m @ 39.61% Fe with 0.6m @ 68.18% Fe) Melville licence shown in pink Mining Core samples from Melville Bay