Sabre Resources Ltd · ASX:SBR
Sabre Resources — Spotlight 23 Conference (October 2023)
15 slides from Sabre Resources's conference presentation, Oct 25, 2023
Slide 1: Nickel Sulphide Resources & Lithium Pegmatite Targets in WA, Uranium in the NT
Spotlight 23 Conference – Perth, 25/10/23 Jon Dugdale, CEO, Sabre Resources Ltd NICKEL SULPHIDE RESOURCES & LITHIUM PEGMATITE TARGETS in WA URANIUM in the NT
Slide 2: Disclaimer & CP Statements
DISCLAIMER & CP STATEMENTS This document contains forward-looking statements concerning Sabre Resources Ltd. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looking statements as a result of a va
Slide 3: Major Tenement Holder in NW Pilbara - Next Great Nickel Sulphide & Lithium Province?
MAJOR TENEMENT HOLDER IN NW PILBARA - NEXT GREAT NICKEL SULPHIDE & LITHIUM PROVINCE? • Flagship Sherlock Bay Nickel-Copper- Cobalt (sulphide) Project with Mineral Resources containing 117kt Nickel metal Eq*1. New massive to stringer sulphide discovery to the west of the resource2. • Lithium bearing
Slide 4: Sherlock Bay Nickel Sulphide Resource - Major Extensions Discovered
SHERLOCK BAY NICKEL SULPHIDE RESOURCE - MAJOR EXTENSIONS DISCOVERED, INCLUDING MASSIVE SULPHIDES • Current JORC 2012 Mineral Resource1 defined over 1.5km to 400m depth including Symonds and Discovery zones in “Mineralised Horizon”: • 2022 drilling discovered intrusive related semi-massive and massiv
Slide 5: 2022 Drilling Discovered Intrusive Related Massive & Semi-Massive Sulphides
2022 DRILLING DISCOVERED INTRUSIVE RELATED MASSIVE & SEMI-MASSIVE SULPHIDES: • First hole (SBDD001): 50m sulphide zone, including semi- massive sulphides, in the Mineralised Horizon6 • Strong off-hole DHEM conductor (C3) detected below and east of hole, at projected intrusive contact7 • Second hole
Slide 6: New Sulphide Discovery - Major Resource Growth Potential
NEW SULPHIDE DISCOVERY - MAJOR RESOURCE GROWTH POTENTIAL • Extensive new sulphide zone discovered (all four holes intersected massive sulphides within broader semi- massive to stringer sulphide zones). Image 1: Massive Sulphides (Pyrrhotite +/- chalcopyrite and pentlandite) in SBDD009, 264.8 to 266.
Slide 7: Sherlock Bay Nickel – Untested Potential for Major Upgrades
SHERLOCK BAY NICKEL – UNTESTED POTENTIAL FOR MAJOR UPGRADES • Enlarged tenement footprint includes 15km of identified EM anomalies along extensions of Scholl Shear corridor11. • Drilling to date only tested 2km of this corridor, leaving over 13km of EM anomalies yet to be tested. • New sulphide disc
Slide 8: Large Tenement Holding in NW Pilbara – Major Lithium Pegmatite Province
LARGE TENEMENT HOLDING IN NW PILBARA – MAJOR LITHIUM PEGMATITE PROVINCE • Sabre’s tenements cover 235 sq. km. of highly prospective geology for lithium bearing pegmatites to the east and northeast of the Azure Minerals Ltd (ASX:AZS) Andover lithium pegmatite discovery which includes intersections O
Slide 9: Major New Programs of Geophysics and Aircore Drilling to Test Bedrock Lithium Targets
MAJOR NEW PROGRAMS OF GEOPHYSICS AND AIRCORE DRILLING TO TEST BEDROCK LITHIUM TARGETS • The Andover pegmatites outcrop at surface, whereas the Andover Northeast and Andover East targets, identified in magnetics on the Sherlock Bay tenements, lie under-cover and have not been explored previously. O •
Slide 10: Cave Hill Lithium Pegmatite & Nickel Project
CAVE HILL LITHIUM PEGMATITE & NICKEL PROJECT • More than 100km strike-length of previously un- recognised greenstone lithologies which are highly prospective for lithium and other metals (e.g. Ni, REE)13. • Cave Hill lies directly south of the Kangaroo Hills lithium discovery of Future Battery Metal
Slide 11: Ngalia Uranium Tenements in the NT – Prime Targets Near U-V Resources
NGALIA URANIUM TENEMENTS IN THE NT – PRIME TARGETS NEAR U-V RESOURCES • Large tenement holdings in Ngalia Basin, highly prospective for sandstone- hosted uranium-vanadium deposits in extensions of the Mt Eclipse Formation. • Along strike from the Bigrlyi and Walbiri resource projects held by Energy
Slide 12: Shares on Issue, Market Cap, Cash and Enterprise Value
Shares on Issue - 291,486,187 Market Cap - $10.2M (3.5cps, 20/10/23) Cash - $4.5M (30th June 2023) Enterprise Value - $5.7M
Slide 13: Sabre Resources – Why Invest?
SABRE RESOURCES – WHY INVEST? • Major nickel sulphide project at Sherlock Bay with existing 117kt Ni Eq* resource and drilled discoveries of massive to stringer sulphides offering immediate potential for resource growth and upgrade. • Lithium potential near Andover Li discovery identified on extensi
Slide 14: Thank you
Contact: Jon Dugdale, CEO jdugdale@sabresources.com Thank you sabresources.com
Slide 15: Appendix 1: Sherlock Bay Nickel Equivalent Calculation
*APPENDIX 1: SHERLOCK BAY NICKEL EQUIVALENT CALCULATION Average Average Recovery x Factored Metal grade Metal Prices Factor grade (%) payability (%) Grade (%) (g/t) $/oz $/lb $/t Ni 0.52 $168 $10.50 $23,142 0.8 1.00 0.518 Cu 0.05 $65 $4.04 $8,904 0.8 0.38 0.021 Co 0.02 $254 $15.88 $35,000 0.8 1.51 0
Sabre Resources — Spotlight 23 Conference (October 2023) on 6ix