Surefire Resources Nl · ASX:SRN
Surefire Resources Nl — Shareholder Meeting (November 2024)
17 slides from Surefire Resources Nl's shareholder meeting presentation, Nov 29, 2024
Slide 1: Annual General Meeting Presentation
ASX:SRN | FSE:GBL For personal use only Annual General Meeting Presentation Vanadium, Gold, Copper & Premium Iron Ore Managing Director, Paul Burton, 29 November 2024 surefireresources.com.au
Slide 2: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement For personal use only This announcement contains ‘forward-looking information’ that is based on the Company’s expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other thin
Slide 3: Focus in 2024
Focus in 2024 For personal use only • Progressing Development of one of Australia’s Largest Critical Mineral Deposits • Strategic Alignments For Project Development • Increasing Management Team For Project Delivery • Advancing Gold , Copper and Magnetite Projects in Portfolio • Research and developm
Slide 4: Highlights in 2024
Highlights in 2024 VICTORY BORE For personal use only Pre-Feasibility Study completed Maiden Ore Reserve 93Mt Future Minerals Forum , Saudi Arabia MOU with AJLAN Bros. METAL AND MINING MOU with RASI Investment New Vanadium extraction leach /Prov Patent submitted HOA with Global Enginee
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Shareholdings Fully Paid Ordinary Shares – 1,986,307,813 Board & Management 17.3 % Unlisted Partly Paid Shares @ $0.027 – 188,785,323 Other Unlisted Partly Paid Shares @ $0.0059 – 70,000,000 82.7 % Current Share Price (AUD) (1) - $0.003 Mark
Slide 6: The Team
The Team For personal use only Executive Team Board of Directors Vladimir (Roger) Nikolaenko - Executive Chair • 25+ years´ in Australian Mining sector • 40+ years´ experience in growing public companies • corporate finance and deal making from exploration to operation • Chartered accountant Michael
Slide 7: The PFS results
The PFS results For personal use only PROJECT PARAMETER UNIT AMOUNT PRODUCTS Pre-tax NPV at a 10% discount rate USD $M $1,110 • 2,580 t/a High purity vanadium Pre-tax Internal Rate of Return % 42.22% • 5,760 t/a of Ferrovanadium Capital Cost USD $M $498 • 192,880 t/a of Titanium slag Life of Mine Ye
Slide 8: The Strategy
The Strategy For personal use only Current Strategy • Mining & Beneficiation on Site (Australia) Ore shipping from Australia • Shipping to Saudia Arabia for processing Why Saudi Arabia? • Memorandum of Understanding (MOU) with the to Saudi Arabia Kingdom of Saudi Arabia has been signed • Up to 50% o
Slide 9: 2024 Development
2024 Development For personal use only Heads of Agreement with DRA Global • Agreement encompasses: • Feasibility Study in Saudi Arabia and Australia • EPCM, NPI • Project delivery and operational readiness • DRA have office in Riyadh and experience in process plant development in Saudi Arabia Joint
Slide 10: Vanadium Leach
Vanadium Leach • 97% Vanadium extraction into solution in 24 hours • Provisional Patent application submitted For personal use only Extraction Vs. Time 100% 90% 80% 70% Extraction (%) V 60% Ti 50% 40% 30% 20% 10% 0% 0 20 40 60 80 100 120 Time (hrs)
Slide 11: YIDBY Gold: New target generation
YIDBY Gold : New target generation • Re-logging core and drill chips, re-interpretation IP data, structural review • Drilling programme completed – results awaited For personal use only IP Targets Structural Targets Target Area Description Priority 1 High grade quartz stockwork vein system North-tre
Slide 12: YIDBY Copper: New Geochemical targets
YIDBY Copper: New Geochemical targets • Review of historical information • Native copper and sulphides in historic drilling • Soil geochemical surveys by Surefire uncovered area of 3km x 2km of anomalous For personal use only Cu and Zn Refer ASX release 3 October 2024
Slide 13: PERENJORI: High Grade Magnetite
PERENJORI: High Grade Magnetite • Green steel project –15km from Rail to Geraldton • Up to 70% Fe after beneficiation • Environmental assessment in progress For personal use only Faction Fe % SiO2 % Al2O3 % P% S% Mass Recovery % Head 37.32 40.93 1.01 BD 0.22 100 106µm 64.57 9.10 0.06 BD 38.9 75µm 67
Slide 14: Overview: Tier Projects in Tier jurisdiction
Overview: Tier 1 Projects in Tier 1 jurisdiction For personal use only Why Vanadium? Why Premium Iron Ore? Efficient Energy Storage: Vanadium Redox Reduction in carbon emissions: Green steel batteries allow efficient and scalable energy production relies on higher-grade ore to be used storage in ele
Slide 15: Investment Highlights
Investment Highlights For personal use only 99% of the vanadium mined is extracted in Brazil, Russia, China, South Africa (BRICS) We are diversifying the supply chain Developing one of Australia largest vanadium and premium iron ore deposits Drilling underway at Gold and Copper assets Clear developm
Slide 16: Next Steps
Next Steps For personal use only Victory Bore: • Secure binding JV agreements • Secure funding for development work • Secure Offtake Agreements • Complete permitting and other studies • Progress Vanadium extraction test work Yidby Gold and Copper: • Assess results from recent drilling and sampling P
Slide 17: Annual General Meeting Presentation
ASX:SRN | FSE:GBL For personal use only Annual General Meeting Presentation Vanadium, Gold, Copper & Premium Iron Ore Managing Director, Paul Burton, 29 November 2024 surefireresources.com.au
Surefire Resources NL — Shareholder Meeting (November 2024) on 6ix