Superior Resources Limited · ASX:SPQ
Superior Resources — Shareholder Meeting (December 2021)
26 slides from Superior Resources's shareholder meeting presentation, Dec 10, 2021
Slide 1: Annual General Meeting
Annual General Meeting Growth through discovery Corporate Strategy Development Peter Hwang – Managing Director 10 December 2021 ASX:SPQ
Slide 2: Cautionary statement
Cautionary statement 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
Slide 3: Highlights – 2021
Growth through discovery Highlights – 2021 Completed 13,000m drilling program Steam Engine (Au) Bottletree (Cu-Au) Confirmed large deposit size potential Confirmed large potential porphyry Substantial new extensions identified Large chargeability target is just Cu ‘leakage’ 2020: 1.7Mt @ 2.2g/t Au,
Slide 4: Corporate snapshot
Introduction Corporate snapshot 1. As at 9 December 2021 2. 49,496,429 unlisted Options expiring 31/12/2021 @ $0.006 Carlos Alberto Fernicola Non-Executive Chairman Share Price1 Issued Shares2 Market Cap Overview B.Com, FCA, F Fin, FCIS, FCSA, GradDipAdvAcctg, GDippAppFinInv, GDipAppCorpFin $0.015 1
Slide 5: Project portfolio
Growth through discovery Project portfolio Greenvale Project Nicholson Project Victor Project (SPQ 100%) (SPQ 100%) (SPQ 100%) 1,749 km2 300 km2 260 km2 Gold Lead-Zinc-Silver Lead-Zinc-Silver Orogenic SEDEX SEDEX Copper-Gold Copper, Cobalt Porphyry, VMS Zambian Copperbelt QLD Nickel-Copper- Uranium
Slide 6: Leverage the green energy transition
Growth with the future Leverage the green energy transition Growing demand for green energy minerals have driven a tightening market for these commodities. Copper o Superior Resources is well leveraged to a range of green energy minerals including copper, gold, nickel, zinc and uranium. +91% Bottlet
Slide 7: Greenvale Project
Growth through discovery Greenvale Project Multiple tier-1 discovery opportunities Transformational advances towards major discovery at Bottletree JORC Au Resource defined at Steam Engine, with large deposit size potential First mover advantage on Ni-Cu-PGE – Dido, Big Mag, Phantom Recent pegging sp
Slide 8: Operational snapshot
Greenvale Project Operational snapshot Defining gold and copper resources in Queensland Steam Engine Bottletree Voisey’s Bay style Cockie Creek Wyandotte Ni-Cu-PGE 2020: 1.73Mt @ 2.2 g/t 292m @ 0.22% Cu6 13Mt @ 0.42% Cu7 Exploration Target8: Au (122,000 ounces Au)4 incl 18.7m @ 1.12% Cu (54,600t Cu)
Slide 9: Greenvale – Steam Engine Gold Deposit
Greenvale Project 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 2020 work:
Slide 10: Steam Engine – Highly positive Scoping Study
Greenvale Project 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
Slide 11: Steam Engine – Current program timeline
Greenvale Project 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 – New lode zones Geophysics and Soil Sampling – Steam Engine extensio
Slide 12: Bottletree – Large-scale Cu-Au mineralised system
Greenvale Project Bottletree – Large-scale Cu-Au mineralised system o Large-scale copper mineralisation identified - 2018 High grade copper (18.7m @ 1.12% Cu)14 Broad Cu mineralisation (292m @ 0.22% Cu) o 2021: 3 deep diamond holes Extensive copper mineralisation Confirmed potential porphyry
Slide 13: Bottletree – Large-scale Cu-Au mineralised system
Greenvale Project Bottletree – Large-scale Cu-Au mineralised system W West East 500m
Slide 14: Bottletree – Large-scale Cu-Au mineralised system
Greenvale Project Bottletree – Large-scale Cu-Au mineralised system W Background: MT Resistivity, high resistivity clipped Deep drilling confirms large potential porphyry Cu-Au system
Slide 15: Cockie Creek – Cu-Au
B29 2000 mE 2200 mE 2400 mE 2600 mE Greenvale Project 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% Cu15 (JORC
Slide 16: Wyandotte – High grade copper deposit
Greenvale Project Wyandotte – High grade copper deposit Exploration Target16 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 sinc
Slide 17: Dido, Phantom & Big Mag – Ni-Cu-Co-PGE
Greenvale Project 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
Slide 18: Big Mag – Ni-Cu-Co-PGE
Greenvale Project 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 Dy
Slide 19: Mt Isa-style Zn-Pb-Ag-Cu targets
Nicholson and Victor Projects Mt Isa-style Zn-Pb-Ag-Cu 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 20: Nicholson West and Walford South targets
Nicholson Project 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-dev
Slide 21: Appendices
Appendices esources
Slide 22: Recent Rio Tinto EPM Applications
Recent Rio Tinto EPM Applications Greenvale Region Tenure
Slide 23: Steam Engine Project – Potential new lodes
Steam Engine Project – Potential new lodes Dinner Creek Lode Potential additional lodes under shallow cover
Slide 24: Steam Engine Project – Potential new lodes
Steam Engine Project – Potential new lodes Soil geochemistry Soil geochemistry (Copper) (Gold)
Slide 25: Porphyry Cu-Au system
KALIMANTAN GOLD SOUTHWEST PACIFIC PORPHYRY COPPER MODEL PROSPECTS Lepanto, Philippines Pp re) r p hy ry Wafi River, PNG 4 PROPYLITIC Bieruam) Keamnam C Uu -A u syste m ALTERATION (surface drilled) Cadia, Australia ALTERATION Ridgeway, } surface deposit | Baroi Beruang Tengah (urface drilled) Batu Hi
Slide 26: Contact Us
Contact Us Email: manager@superiorresources.com.au Phone: +61 7 3847 2887 Website: www.superiorresources.com.au
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