Superior Resources Limited · ASX:SPQ
Superior Resources — Shareholder Meeting (November 2014)
32 slides from Superior Resources's shareholder meeting presentation, Nov 28, 2014
Slide 1: Superior Resources Limited
( (e} ) Superior Resources Limited Oe ERS ON alias eI omy Superior Resources Enmited
Slide 2: Limitations & JORC
For personal use only Limitations & JORC This presentation has been prepared by the management of Superior Resources Limited (the Company) for the benefit of brokers, analysts and investors and not as specific advice to any particular party or persons. The information is based on publicly available
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only • ASX listed junior • First-Tier calibre exploration projects • Lead/Zinc – Copper – Gold • NW Qld projects – Lead/Zinc copper • Greenvale Copper • Tick Hill gold project • 5 “company-making” projects in Queensland • Potential opportunity for early cash flow
Slide 4: Projects
Projects Darwin For personal use only Greenvale NWQ Base Metals Townsville Tick Hill Brisbane Perth Sydney Adelaide 0 1000km Melbourne
Slide 5: Corporate Summary
Corporate Summary ASX CODE: SPQ Share Structure For personal use only Ordinary shares 176.9 million Options (listed/unlisted) Nil Market cap. 1.8 million Cash and listed assets A$270,000 7,000,000 DYL Shares A$120,000 Debt Nil Total top 20 holders: 68.29% Shareholders 494
Slide 6: Board & Management
Board & Management • Carlos Fernicola – Chairman For personal use only – Over 30 years in accounting, taxation audit financial services industry, Chartered Company Secretary • Peter Hwang – Managing Director – 14 years in resources and corporate law, 6 years in mineral exploration • Ken Harvey – Exp
Slide 7: 2014 Achievements
2014 Achievements For personal use only • NW Qld Projects (Lead-Zinc-copper-silver): • Expansion of Victor Creek Lead-Zinc-copper project • Database remodelling substantially increased potential for Mount Isa type copper and Lead-Zinc-silver mineralisation • Delineation of several high priority Lead
Slide 8: 2014 Achievements
2014 Achievements For personal use only • Greenvale (Copper-Zinc-gold) – cont’d • Building on asset value • Developing potential for a multi-deposit central plant production operation • Identify potential for larger and deeper porphyry copper mineralisation • Tick Hill Gold Project • Arrangements fi
Slide 9: Corporate Strategy
Corporate Strategy For personal use only • Objectives: • Focus on commodities with greatest potential for sustained future growth • Position SPQ to hold first mover advantage – next market moves • Increase value of project portfolio • Identify funding opportunities and strategic shareholder support
Slide 10: Corporate Strategy
Corporate Strategy For personal use only • How will we achieve objectives? • Commodities: Zinc + Copper + Gold • The “Next Mt Isa”: SPQ holds commanding position to discover world-class Mt Isa style Lead/Zinc deposits • Excellent potential to build value in Greenvale Copper Project • Funding: potent
Slide 11: Northwest Queensland
For personal use only Northwest Queensland Northwest Queensland Lead – Zinc – Copper Projects
Slide 12: NWQ – Base Metal Prospects
For personal use only NWQ – Base Metal Prospects
Slide 13: Leakage Into Cambrian
For personal use only Leakage Into Cambrian 550 Ma
Slide 14: Mount Isa to Century - Mag (RTP) and Gravity
For personal use only Mount Isa to Century - Mag (RTP) and Gravity Major Structure Major Structure Magnetics and Gravity Magnetics and Gravity MI2 Magnetic Anomaly Basalts? – Copper Source Magnetic Anomaly Eastern Creek Volcanics Basalts – Copper Source Mount Isa – within sediments adjacent or over
Slide 15: Mount Isa to Century - Lead and Zinc
For personal use only Mount Isa to Century - Lead and Zinc Major Lead Anomaly MI2 in Cambrian Major Lead Anomaly Mount Isa
Slide 16: Tomahawk Creek Mag (RTP) Soil Lead Anomalies
For personal use only Tomahawk Creek Mag (RTP) Soil Lead Anomalies
Slide 17: Zinc trends
For personal use only Zinc trends
Slide 18: Northwest Queensland
Northwest Queensland For personal use only Superior has identified very significant potential for a new Mount Isa type deposit in the area 170km northwest of Mount Isa. Five advanced prospects with potential for large Mount Isa style copper and lead-zinc-silver deposits. Four high priority dri
Slide 19: Greenvale Project
For personal use only Greenvale Project Greenvale Project Copper – Zinc
Slide 20: Greenvale Project
For personal use only Greenvale Project
Slide 21: Greenvale Project
Greenvale Project Targets Volcanogenic massive sulphide (VMS) deposits, disseminated copper For personal use only deposits and Broken Hill type deposits. One Mile Large massive and semi-massive sulphide body – subeconomic Five surrounding quality geophysical and other targets to be drilled Cockie Cr
Slide 22: Greenvale Project
For personal use only Greenvale Project
Slide 23: Cockie Creek Project
For personal use only Cockie Creek Project
Slide 24: Riesling Project
Riesling Project 10000 mE 10200 mE 10400 mE 10000 mE 10200 mE 10400 mE 9800 mE 9800 mE For personal use only 10600 mN 9,600 10600 mN 10600 mN 260 10600 mN 1,200 1,700 1,200 2,000 2,800 760 2,550 1,150 1 1 2,250 1,600 2,750 1,100 1,350 700 2 2 1,450 4,200 280 4,400 10400 mN 10400 mN 10400 mN 10400 mN
Slide 25: Tick Hill Project
For personal use only Tick Hill Project Tick Hill Project High-Grade Gold Potential early cash flow
Slide 26: Tick Hill Gold Project Summary
Tick Hill Gold Project Summary For personal use only • 110km SE Mount Isa • Three granted mining leases (renewed for 10 years) • SPQ farming in ($750k expenditure for 50% equity) • SPQ rights and access subject to transfer of MLs to DRX • Tick Hill Gold Mine produced 500,000 oz gold from 700,000 ton
Slide 27: Tick Hill Gold Project
Tick Hill Gold Project Tick Hill Gold Mine (circa 1993) looking easterly For personal use only
Slide 28: Tick Hill Gold Project - Gold Mineralisation
For personal use only Tick Hill Gold Project Gold Mineralisation • Very good continuity • Abruptly terminates at depth (fault) • Faulted extension likely to be similar grade and width Fault
Slide 29: Tick Hill Gold Project - Pit and Underground View
Tick Hill Gold Project Pit and Underground View For personal use only • 3D View looking grid east - down at -40° • Open pit (70m deep) • Decline from pit ramp • Underground stope • Lode shows a fault truncation on southern end at depth • Lode curved along fault to west • Other targets include: other
Slide 30: Tick Hill Gold Project - Development Opportunity
Tick Hill Gold Project Development Opportunity For personal use only 1. Old mine tailings 2. Adjacent alluvial deposits 3. Mine rock dumps 4. Potential residual underground ore 5. 500,000oz exploration target Immediate Opportunity: • Old mine tailings – process old mine tailings • Est. 600,000 tonne
Slide 31: Tick Hill Gold Project - Exploration Opportunity
Tick Hill Gold Project Exploration Opportunity For personal use only High grade historic gold production 513,333 ounces of gold at a recovered grade of 22.6 g/t gold At $1350/ounce worth A$693 million If found today, a similar ore body could generate $A389 million net cash Granted Mining L
Slide 32: Summary
Summary Superior – Well positioned for growth For personal use only • Leveraged and tuned to the market: • Zinc – a key commodity with potential for sustained future growth • First mover advantage in an active Zinc market • Commodities: Zinc – Gold – Copper • Funding opportunities: • Tick Hill early
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