Burley Minerals Ltd. · ASX:BUR
Burley Minerals — Investor Presentation (May 2024)
24 slides from Burley Minerals's investor presentation, May 23, 2024
Slide 1: Maiden drilling starting soon at Pilbara Iron Ore Projects close to excellent infrastructure
For personal use only Maiden drilling starting soon at Pilbara Iron Ore Projects close to excellent infrastructure ASX:BUR
Slide 2: Disclaimer & Forward-Looking Statements
Disclaimer & Forward-Looking Statements This presentation has been prepared by Burley Minerals Ltd “BUR”. This document contains background information Relevant Announcements Referenced For personal use only about BUR current at the date of this presentation. The presentation is in summary form and
Slide 3: Burley's Pilbara iron ore assets: Cane Bore and Broad Flat Well
Burley’s Pilbara iron ore assets: Cane Bore and Broad Flat Well For personal use only Pilbara iron ore Low-cost transport Fully Funded Quality iron ore assets in Proximity to sealed roads and Cash in bank for the Pilbara capable of multiple ports offers highly program of works to building a signific
Slide 4: Corporate Overview
Corporate Overview Corporate Structure 6 Months Share Price For personal use only Price ($) Volume (m) ASX Code BUR $0.35 9.0 8.0 $0.30 Current Shares on Issue 150.4 million 7.0 $0.25 6.0 Management $0.20 5.65 million 5.0 Performance Rights1 $0.15 4.0 Cash2 3.0 $2.9 million $0.10 (7 May 2024) 2.0 $0
Slide 5: Burley Minerals: Project summary
Burley Minerals: Project summary Western Australia Iron Projects with excellent Lithium Projects in Tier 1 mining jurisdictions For personal use only infrastructure positioned to reduce costs in Canada Broad Flat Well CID Project – 100% interest – progressing Chubb Lithium Project, Québec, Canada –
Slide 6: Burley's Pilbara iron ore assets: Cane Bore and Broad Flat Well
Burley’s Pilbara iron ore assets: Cane Bore and Broad Flat Well For personal use only ASX:BUR Burley Minerals Ltd | 6
Slide 7: Broad Flat Well Project, Pilbara
Broad Flat Well Project, Pilbara Broad Flat Well Project: Channel Iron For personal use only Deposit (CID) located in the Pilbara and 100% held by Burley • 18kms of CID mineralisation, with thicknesses up to 10 metres high in breakaways. • High-lying and accessible deposits with almost no stripping.
Slide 8: Broad Flat Well Project, Pilbara
Broad Flat Well Project, Pilbara • +660,000m2 of systematically sampled CID mesa-form (sub-outcrop) For personal use only between 2 and 10m thick. • Bulk density between 2.6 and 2.8 t/m3. • Heritage agreement signed with Yindjibarndi Aboriginal Corporation. • Heritage survey planned for June 2024. •
Slide 9: Broad Flat Well Project, Pilbara
Broad Flat Well Project, Pilbara For personal use only Summary of systematic rock chip sampling results Calcined Fe Si02 AI203 S P L0I Rock chip results Fe % % % % % % % Average 56.3 5.0 4.2 0.06 0.025 9 62.2 See ASX release 12 February 2024 – “Burley’s Broad Flat Well Iron Ore Project delivers high
Slide 10: Cane Bore Project, Pilbara
Cane Bore Project, Pilbara Large scale potential in the Pilbara, with excellent For personal use only infrastructure, 100% held by Burley 1 • 10km east of Northwest Coastal Highway and is the nearest deposit to Ashburton Port (Onslow), offering potentially lower transport costs to peers. • Potential
Slide 11: Cane Bore Project, Pilbara
Cane Bore Project, Pilbara For personal use only • Large resource potential with multiple CID deposits, averaging 400m wide, up to 20m high, and across 30km of strike1. • Historical rock chip samples average 52.7% Fe with higher grade zones. • Heritage agreements executed. • Flora and fauna surveys
Slide 12: Cane Bore Project, Pilbara
Cane Bore Project, Pilbara For personal use only Large tonnage potential Channel Iron Deposits • Multiple CID deposits extending more than 30km. Central Area “C” in background • Averaging 400m wide and up to 20m high. • Historical rock chip samples average 52.7% Fe with zones +55% Fe. • Large tonnag
Slide 13: Cane Bore Project, Pilbara
Cane Bore Project, Pilbara For personal use only Large tonnage potential Channel Iron Deposits • Multiple CID deposits extending more than 12km. • Requires systematic rock chips sampling and mapping. • Large tonnage resource potential, very close to infrastructure. ASX:BUR Burley Minerals Ltd | 13
Slide 14: Fully funded for Broad Flat Well and Cane Bore works program
Fully funded for Broad Flat Well and Cane Bore works program Broad Flat Well Cane Bore For personal use only Mapping and rock chip Mapping and rock chip sampling results sampling results Jun 2024 Conservation and Parks Commission review and approval Jun 2024 Heritage Survey Aug/Sept 2024 Exploration
Slide 15: Yerecoin Iron Project, Perth region
Yerecoin Iron Project, Perth region 247Mt iron ore resource, 120 km NNE of For personal use only Perth via Great Northern Highway • Excellent transport options, including Tier 2 railway (Toodyay-Miling line) connecting to Eastern Goldfields Railway network. • Export port options include Kwinana (225
Slide 16: Yerecoin Iron Project, Perth region
Yerecoin Iron Project, Perth region Mineral Resource For personal use only Resource Resource Tonnes DTR % Fe % Fe % Al2O3 % SiO2 %P %S Area Category Mt % In-situ Conc Conc Conc Conc Conc • JORC 2012 compliant Mineral Resource MAIN 1,3 Indicated 31.0 37.4 31.4 67.7 0.15 6.01 0.01 0.03 (Inferred and I
Slide 17: Yerecoin Iron Project, Perth region
Yerecoin Iron Project, Perth region Yerecoin core storage yard Rail siding, 3 km from deposits Rail level crossing at southern end of deposits For personal use only Great Northern Highway, 10 km from deposits Rail to Kwinana Kwinana Port, 225 km from Yerecoin ASX:BUR Burley Minerals Ltd | 17
Slide 18: Board Members
Board Members For personal use only Mr Stewart McCallion Mr Bryan Dixon Mr David Crook Mr Jeff Brill P. Eng., Member AusIMM BCom CAANZ AGIA ACG BSc, GAICD, Member AusIMM B Eng (hons) Managing Director and CEO Non-Executive Chairman Non-Executive Director Non-Executive Director Mr McCallion is a mini
Slide 19: Quality iron ore assets in the Pilbara capable of building a significant iron ore producer
Quality iron ore assets in the Pilbara capable of building a significant iron ore producer Excellent infrastructure provides For personal use only capital efficient development opportunities for junior iron ore miner Yerecoin • 1-3 Mtpa aimed production Cane Bore • premium quality product • long min
Slide 20: Investment Summary: A Portfolio of Assets in Tier Mining Provinces
Investment Summary: A Portfolio of Assets in Tier 1 Mining Provinces Western Australian Iron portfolio capable of Chubb Lithium Project: In the world-class lithium For personal use only building a mid-tier iron producer with long province of Quebec, Canada mine life • Ongoing targeting work to expan
Slide 21: For further information please contact
For personal use only For further information please contact: Stewart McCallion Managing Director +61 (8) 9322 6283 ASX:BUR
Slide 22: Appendices
Appendices For personal use only ASX:BUR Burley Minerals Ltd | 22
Slide 23: Chubb Lithium Project - World Class Québec Lithium Province
Chubb Lithium Project - World Class Québec Lithium Province Excellent Tier 1 Lithium Province For personal use only • Located in the southwest corner of Québec, Canada and within 550 km of Montreal. • Proximal to the only hard-rock spodumene mine and concentrator in Canada – NAL JV Plant. • Full-yea
Slide 24: Chubb Lithium Project - World Class Québec Lithium Province
Chubb Lithium Project - World Class Québec Lithium Province Historic Drilling and Mineral Claims For personal use only • Historic drilling at Chubb Central confirmed the presence of spodumene bearing lithium pegmatites in shallow, multi-stacked parallel dykes extending along strike for more than 600