Surefire Resources Nl · ASX:SRN
Surefire Resources Nl — IMARC Conference & Expo 2023
18 slides from Surefire Resources Nl's conference presentation, Oct 31, 2023
Slide 1: Surefire Resources Corporate Presentation
31 October 2023 SUREFIRE RESOURCES CORPORATE PRESENTATION International Mining and Resources Conference and EXPO, Sydney, Australia. Australian mineral exploration company Surefire Resources NL (ASX: SRN) (“SRN” or the For personal use only “Company”) is pleased to advise that it has released a pres
Slide 2: The World Class Victory Bore Vanadium Project
For personal use only THE VICTORY THE WORLD CLASS VICTORY BORE VANADIUM BORE PROJECT PROJECT IMARC Conference & Expo, Sydney, Australia 31 October – 2 November 2023
Slide 3: Important Information
The information in this report that relates to Exploration results is based on information compiled by Mr Marcus Flis who is a Fellow of the Australian Institute of Geoscientists. Mr Flis is an independent Principal Consultant at Rountree Pty Ltd. Mr Flis has sufficient experience that is relevant t
Slide 4: Developing One of Australia's Largest Critical Mineral Deposits
DEVELOPING ONE OF AUSTRALIA’S LARGEST CRITICAL MINERAL DEPOSITS
Slide 5: For personal use only
For personal use only
Slide 6: Experienced Board
FOr personal use only EXPERIENCED BOARD MANAGING DIRECTOR Mr Burton is an experienced corporate resource executive and geologist and mineral economist with over 30 years of industry experience, exploration, feasibility studies and business development. Paul has a B.Sc in Geology from Plymouth, UK, a
Slide 7: Capital Structure
For personal use only CAPITAL STRUCTURE Fully paid ordinary shares 1,654,934,906 Unlisted partly paid shares (Subject to Calls $0.027) 188,785,323 Unlisted partly paid shares (Subject to Calls $0.0059) 70,000,000 Share price $0.015 Market Capitalisation $25M Board and Management 17%
Slide 8: Surefire Resources Summary
_ SUREFIRE RESOURCES SUMMARY c = SUREFIRE HAS 3 HIGH VALUE SIGNIFICANT PROJECTS © WITH COMMODITIES IN DEMAND AND IN FOCUS VICTORY BORE VANADIUM PROJECT 321Mt ' @>0.4% V,O, (concentrate grade of 1.43% V,0,) 37Mt @ 23% AI,O, Exploration Target of 682 Mt to 1,190 Mt @ 0.2% to 0.43% V0, The potential qu
Slide 9: For personal use only
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Slide 10: Mineral Resources
For personal use on MINERAL RESOURCES SS JORC RESOURCES VANADIUM TONNES AND GRADE Victory Bore Measured 16.8 Mt @ 0.42% V,0, Victory Bore Indicated 70.3 Mt @ 0.40% V,O, Victory Bore Inferred 147.7 Mt @ 0.38% V,O, Total 234.8 Mt @ 0.39% V,O, Unaly Hill Inferred 86.2 Mt @ 0.42% V,O, Project Total: * 3
Slide 11: Victory Bore
For personal use only VICTORY BORE MAIN RESOURCE COMPRISES TWO THICK LODES OF VANADIFEROUS MAGNETITE ~50M WIDTH, OPEN AT DEPTH > 160M AND STRIKE OF >10KM Secondary resource comprises one thick lode of high grade aluminium oxide, 50m wide, open at depth. Testwork has shown this Al,O, product can be a
Slide 12: Substantial VRB Storage Battery Market Forecast
SUBSTANTIAL VRB STORAGE BATTERY MARKET FORECAST FOCUS IS VANADIUM BATTERY STORAGE + Higher energy density + Long life: over 20 years + Over 20,000 recharge cycles with no degradation + No damage if under or overcharged + Not combustible + 100% discharge capability + Ideal for large scale application
Slide 13: High Purity Alumina - HPA
For personal use only HIGH PURITY ALUMINA-HPA THE PREDICTED NEW MARKETS FOR HPA ARE SIGNIFICANT AND INCLUDE:* - 4N (99.99%) Al,0, PRODUCED FROM VICTORY BORE MATERIAL © FUIRTTAIER TEST WORK UNDERWAY + LED REPLACEMENT LIGHTING + CO2 EMISSION SEPARATORS * HPA CURRENTLY SELLS FOR >$20,000 USD / TONNE +
Slide 14: The Development Plan
For personal use only THE DEVELOPMENT PLAN | ON SHORE MAGNETITE PRODUCTION. CONCENTRATE SHIPPED FOR DOWNSTREAM PROCESSING. OFF SHORE PROCESSING IN SAUDI ARABIA. + Memorandum of + The KSA is a significant Understanding (MOU) with user of vanadium products, the Kingdom of Saudi Arabia. particularly in
Slide 15: Proposed Pathway for Victory Bore Project Development
PROPOSED PATHWAY FOR VICTORY = BORE PROJECT DEVELOPMENT MINING BENEFICIATION EXTRACTION TRANSPORT SHIPPING PROCESSING Victory Bore Vanadium Magnetite production Magnetite separated Magnetite Transported Shipped to Magnetite processed Magnetite mined from Victory Bore deposit and loaded and Loaded at
Slide 16: Next Steps
NEXT STEPS + Completion of pre-feasibility study + Progress Saudi processing option * Completion of V,O, extraction direct (HPV) for producing VE + Progress with VRB strategy + Offtake discussions commenced + HPA 4n 99.995 confirmed — next steps scoping study
Slide 17: Investment
INVESTMENT DEVELOPING ONE OF AUSTRALIA’S LARGEST VANADYUM DEPOSITS HIGH GRAD HUGE RESOURCE POINTS BATTERY GRADE VANADIUM AND HPA 100% OWNED 400KM FROM PORT GOOD EXISTING INFRASTRUCTURE INCLUDING GAS PROJECTS VALUE NOT CURRENTLY REFLECTED IN Srane P| GE
Slide 18: Paul Burton, Managing Director
For personal use only PAUL BURTON NAGING DIRECTOR Surefire Resources NL Suite 10, 100 Mill Point Road, South Perth WA 6151 info@surefireresources.com.au www.surefireresources.com.au