Strategic Energy Resources Limited · ASX:SER
Strategic Energy Resources — Shareholder Meeting (November 2019)
7 slides from Strategic Energy Resources's shareholder meeting presentation, Nov 25, 2019
Slide 1: Annual General Meeting Presentation
For personal use only 25 November 2019 Annual General Meeting Presentation ASX: SER Competent Person Statements The information in this document that relates to Exploration Results is based on information compiled by Mr Stuart Rechner BSc (Geology) MAIG, a Competent Person who is a Member of Austral
Slide 2: Capital Structure, Board and 2019 Highlights
CAPITAL STRUCTURE (ASX:SER) Shares on issue 950,000,000 For personal use only Market capitalisation (@ 0.5c) $4.75m Cash (30 September 2019) $1m Top 20 Shareholders 51% BOARD Chairman Stuart Rechner BSc LLB MAIG GAICD Director David DeTata BSc MSc PhD MBA GAICD Director Harvey Kaplan LLB 2019 Highli
Slide 3: The Challenge is the Opportunity
The Challenge is the Opportunity Discovery is getting harder • Average exploration time for a significant discovery is 12 years For personal use only • On average 2.5 companies explored the property prior to discovery • Average cost ~US$200m and average drilling ~700,000m Pipeline of emerging mines
Slide 4: Saxby Gold Project (Queensland)
Saxby Gold Project (Queensland) • Drilling of hole SXDD020 completed to a total depth of 719m For personal use only • Rotary mud pre-collar followed by diamond drill cored tail • SXDD020 did not deviate significantly in inclination • 95m of core to be sampled with assays expected mid-December
Slide 5: Gawler Craton Copper-Gold Projects (South Australia)
Gawler Craton Copper-Gold Projects (South Australia) • Prime locations in Olympic Copper-Gold Province • SER highly experienced in this terrane For personal use only • Myall Creek: FMG to sole fund exploration, minimum 1500m drilling to earn-in • Billa Kalina new internally-generated compelling targ
Slide 6: Heavy Mineral Sands: Ambergate
Heavy Mineral Sands: Ambergate JORC 2012 Inferred Resource 11.2.Mt grading 5.1% Heavy Minerals (HM) for a total HM content of 569,000t For personal use only • low grade Heavy Mineral cut-off of 3% and Slimes cut off of <22% • heavy mineral assemblage: 73% ilmenite (average TiO2 content of 58.7%), 12
Slide 7: New Initiatives
New Initiatives • Mineral Exploration Cooperative Research Centre (MinEx CRC) • World’s largest mineral exploration collaboration For personal use only • Developing technologies to discovery mineral deposits • $218m collaboration; $50m Federal funding • Only two exploration companies admitted to par
Strategic Energy Resources — Shareholder Meeting (November 2019) on 6ix