Superior Resources Limited · ASX:SPQ
Superior Resources — Investor Presentation (July 2021)
22 slides from Superior Resources's investor presentation, Jul 19, 2021
Slide 1: Investor Presentation Corporate Strategy Development
Investor PresentationCorporate Strategy Development 19 July 2021 Presented by Peter Hwang Managing Director
Slide 2: Disclaimer
Disclaimer Information Purposes: This document is for information purposes only. The information contained in this document does not constitute an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in Superior Resources Limited (Superior) in any jurisdict
Slide 3: Corporate snapshot
Corporate snapshot 1. As at 16 July 2021 Share price1 Shares Market Cap1 Cash1,3 2. SPQ has on issue 86,419,683 on issue1,2 $0.015 1,38m $20.7m $1.6m unlisted Options expiring 31/12/2021 @ $0.006 3. nil debt SPQ ORD 8% Management Board Peter Hwang (Managing director) 7% Yarraandoo Pty Ltd Carlos Fer
Slide 4: Project portfolio
Project portfolio Greenvale Project Nicholson Project Victor Project (SPQ 100%) (SPQ 100%) (SPQ 100%) 849 km2 (1,449 km2) 300 km2 438 km2 Gold, Copper-Gold, Lead-Zinc-Silver (Copper, Lead-Zinc-Silver Nickel-Copper-Cobalt- Cobalt), Uranium (Copper) PGE, Zinc 5 Tier 1 equivalent Mt Several Tier 1
Slide 5: Vision and Objectives
Tier 1 exploration projects in world-class Vision and metallogenic provinces Objectives Near-term gold production underpinning definition of multiple copper Resources Develop a centralised copper 8,000m drilling campaign underway, and gold mining hub backed advancing gold, copper and nickel pr
Slide 6: 2021 Exploration Focus Au Cu & Ni/PGEs at Greenvale
2021 Exploration Focus Au Cu & Ni/PGEs at Greenvale Realise strategic processing hub and development pipeline by: completing current 8,000m drilling campaign completing mining studies and grant of mining lease at Steam Engine expanding Steam Engine total Au inventory conducting geophysical p
Slide 7: 2021 Drilling Program
2021 Drilling Program GOLD (Steam Engine) – COPPER (Bottletree & NICKEL (Dido, Phantom Total planned program Maiden drilling program at Wyandotte) – & Big Mag) – of 8,000m of RC and Dinner Creek and targeted Targeting high grade copper Highly prospective for diamond drilling fully expansion
Slide 8: Greenvale Project – A unique world-class Macquarie Arc opportunity
Greenvale Project – A unique world-class Macquarie Arc opportunity Ordovician Macquarie Arc: hosts the giant Reconstruction of the Macquarie Arc across eastern Australia Cadia and North Parkes porphyry Cu-Au mines Adapted from Cayley & in NSW Musgrave, in review. The unique opportunity: Greenval
Slide 9: Greenvale – Steam Engine Gold Deposit
Greenvale – Steam Engine Gold Deposit An extensive gold lode system New potential extensions identified o Advancing towards near-term cash flow o >2 kms of potential new gold lode zones to the o Feasibility Study in progress south and west of Steam Engine Lode identified in historic soil samples and
Slide 10: Steam Engine – Highly positive Scoping Study
Steam Engine – Highly positive Scoping Study Base Case @ A$2,200 Parameter Upside Case @ A$2,500 /oz /oz Financial Summary Overall Cash Flow (post-tax) A$24.2M A$41.0M NPV7% (post-tax) A$21.2M A$35.9M Internal Rate of Return (IRR) (post- 242% 410% tax) All-in Sustaining Costs (AISC)1 A$1,673 /oz A$1
Slide 11: Steam Engine – Current program timeline
Steam Engine – Current program timeline Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Feasibility Study Stage 1 Drilling – Maiden drilling of Dinner Creek Lode Stage 3 Drilling – Extensional Steam Engine, Eastern Ridge Geophysics and Soil Sampling – Steam Engine extensions Revised Mineral Resource Estimat
Slide 12: Bottletree – Large-scale copper-mineralised system
Bottletree – Large-scale copper-mineralised system o Large-scale copper mineralisation identified - 2018 High grade copper (18.7m @ 1.12% Cu)5 Broad Cu mineralisation (292m @ 0.22 Cu) o Copper grades correlate well with chargeability response o Last drill hole (2018) intersected northern edge of
Slide 13: Wyandotte – High grade copper deposit
Wyandotte – High grade copper deposit Exploration Target6 Tonnes SG Cu % Cu tonnes Range 400,000 2.7 2.2% 8,800 Lower 1,000,000 3.0 1.9% 19,000 Upper To be drilled in current drilling campaign Maiden Mineral Resource estimate will be established No exploration conducted since 1975 Potential
Slide 14: Dido, Phantom & Big Mag – Ni-Cu-Co-PGE
Dido, Phantom & Big Mag – Ni-Cu-Co-PGE Clear evidence for Voisey’s Bay style magmatic sulphide Ni-Cu-PGE systems Previous exploration by Anglo American (2012) confirmed evidence for Voisey’s Bay geological system New tenement applications over Ni-Cu-PGE prospective ground have more than doubled
Slide 15: Big Mag – Ni-Cu-Co-PGE
Big Mag – Ni-Cu-Co-PGE A series of mafic and differentiated ultramafic intrusions Airborne Magnetics (RTP) Drill-ready potential Ovoid and Feeder Dyke Intense magnetic anomaly target at depth within Ovoid Differentiated / layered intrusion appears within potential Feeder Dyke
Slide 16: Cockie Creek – Cu-Au
B29 2000 mE 2200 mE 2400 mE 2600 mE B15 B16 Cockie Creek – Cu-Au 2200 mN 2200 mN P8 P7 B20 B05 B04 P13 P14 B06 B07 B01 P15 B19 B08 B18 P6 Potential for a significant porphyry Cu-Au deposit B02 P12 D1 D4 2000 mN B10 B17 Current Mineral Resource estimate: 13Mt @ 0.42% Cu7 (JORC 2004), based on P5
Slide 17: Copper – 2021 Bull copper market predictions
Copper – 2021 Bull copper market predictions SPQ has copper well and truly covered o SPQ holds the Ordovician Lucky Creek Corridor o Intense concentration of copper deposits and prospects o Near-term production & Tier-1 prospects, for example: Bottlefree: large copper system (292 m @ 0.22% Cu incl
Slide 18: Nicholson and Victor – Tier 1 Mount Isa-style targets
Nicholson and Victor – Tier 1 Mount Isa-style zinc-lead-silver-copper targets o Located within Carpentaria Zinc Province, which contains 20% of the world’s zinc inventory o Underexplored – the most likely area to make the next Mount Isa discovery
Slide 19: Nicholson – Nicholson West and Walford South targets
Nicholson – Nicholson West and Walford South targets Walford South: Tier 1-potential VTEM, gravity and AMT target Coincident VTEM, gravity and associated AMT anomalies Anomalies adjacent to al least two major fault structures Previous SPQ drilling (3 holes) intersected “classic” well-developed
Slide 20: Board
Board Board and senior management team have deep exploration and technical expertise coupled with extensive corporate experience Carlos Alberto Fernicola Peter Henry Hwang Simon James Pooley Non-Executive Chairman Managing Director Non-Executive Director B.Com, FCA, F Fin, FCIS, FCSA, GradDipAdvAcct
Slide 21: Investment Summary
Investment Summary Diverse portfolio of exploration projects with exposure to Au, Cu, Ni-Cu-PGE, Pb-Zn-Ag in world-class mining districts, all 100% SPQ owned 2021 focus on Greenvale Project – strategic programs to develop central Au-Cu processing operation fed by multiple satellite pits Numero
Slide 22: Contact Us
Contact Us Email: manager@superiorresources.com.au Phone: +61 7 3847 2887 Website: www.superiorresources.com.au
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