Firebird Metals Ltd. · ASX:FRB

Firebird Metals — Investor Presentation (December 2021)

24 slides from Firebird Metals's investor presentation, Dec 1, 2021

  1. Slide 1: Building the Next WA Manganese Operation

    For personal use only BUILDING THE NEXT WA MANGANESE OPERATION PRESENTATION – DECEMBER 2021

  2. Slide 2: Disclaimer and Competent Persons Statement

    COMPETENT PERSONS STATEMENT DISCLAIMER For personal use only The information in this Report that relates to Mineral Resources of the Company is based on, and This presentation contains summary information about Firebird Metals Limited (Firebird) (ABN 24 610 035 fairly represents, information and sup

  3. Slide 3: Emerging WA Manganese Developer

    EMERGING WA MANGANESE DEVELOPER For personal use only Focused on building a DSO/ Simple Beneficiation Low CAPEX Project Significant total Inferred Mineral Resources to 121mt over two projects: ▪ Oakover Project ▪ Inferred JORC 2012 Mineral Resource estimate of 64 Mt @ 10% Mn* ▪ Hill 616 Project ▪ In

  4. Slide 4: Oakover Rapid Development Program Strategy

    OAKOVER RAPID DEVELOPMENT PROGRAM STRATEGY Evaluate low capital, fast start up potential of Oakover For personal use only Core workstreams progressing as planned: Completion of RC Drill program 233 holes for ~ 10,000m, assays pending Combination of infill and extensional RC drilling Program develope

  5. Slide 5: Corporate Overview

    CORPORATE OVERVIEW For personal use only EVAN CRANSTON PETER ALLEN WEI LI ASHLEY PATTISON Chairperson Managing Director Finance Director Non-executive Director Mr Li is a Chartered Accountant with Mr Pattison has over 20 years’ experience Mr Cranston is an experienced mining Mr Allen is a mining exe

  6. Slide 6: Project Portfolio

    Project Portfolio For personal use only FIREBIRD METALS 5

  7. Slide 7: Flagship Oakover Project

    FLAGSHIP OAKOVER PROJECT For personal use only Located in premier mining jurisdiction Near surface / shallow order body Existing JORC 2012 Inferred Resource of 64Mt at 10% Mn* (8% Mn cut-off applied), reported in accordance with the JORC Code 2012 (H&SC Consultants, August 2012) Source: Brumby Resou

  8. Slide 8: Oakover - RC Drill Program Complete

    OAKOVER - RC Drill Program Complete Completion of 233 holes for ~ 10,000m, assays pending Combination of infill and extensional RC drilling For personal use only Down hole geophysics Bulk sampling at Sixty Sixer FIREBIRD METALS 12 7

  9. Slide 9: Oakover - Diamond Core Metallurgical Test Work / Ore Sorting

    OAKOVER - Diamond Core Metallurgical Test Work / Ore Sorting For personal use only • Successful early-stage Ore Sorting test work completed by STEINERT * • Process takes measurements from all four sensors simultaneously: • Colour camera, 3D laser, Induction & X-ray transmission (XRT) • Primary objec

  10. Slide 10: Oakover - Diamond Core Metallurgical Test Work / Ore Sorting

    OAKOVER - Diamond Core Metallurgical Test Work / Ore Sorting For personal use only FIREBIRD METALS 9

  11. Slide 11: Oakover Rapid Development Program Score Card

    OAKOVER RAPID DEVELOPEMNT PROGRAM SCORE CARD CSA technical review Complete For personal use only Heritage surveys Complete ~10,000m RC drilling program Complete Down hole geophysics Complete Diamond core – recovered, logged & assayed Complete Initial ore sorting test work Complete Crush, screening &

  12. Slide 12: Other Projects - Hill: Building the Manganese Pipeline

    OTHER PROJECTS HILL 616 – Building the manganese pipeline For personal use only Located 85km southeast of Newman Technical Review of Hill 616 prospect completed by CSA Global Mineralisation was found to be shallow (mostly within 20 metres of the surface), gently dipping and laterally extensive acros

  13. Slide 13: Other Projects - Hill

    OTHER PROJECTS HILL 616 – Building the manganese pipeline For personal use only Source: Firebird ASX announcement dated 11/11/21 and 1/12/21 FIREBIRD METALS 12

  14. Slide 14: Other Projects - Hill

    OTHER PROJECTS HILL 616 – Building the manganese pipeline For personal use only Source: Firebird ASX announcement dated 11/11/21 and 1/12/21 FIREBIRD METALS 13

  15. Slide 15: Other Projects - Disraeli Ragged Hills

    OTHER PROJECTS DISRAELI RAGGED HILLS For personal use only Previous exploration suggests Successful direct licence application Manganese in this area is responsive 15 of 19 rock chip samples above to geophysics techniques 40% Mn, with majority over 50% Mn Multiple high grade rock chips of up Limited

  16. Slide 16: Manganese Markets

    Manganese Markets For personal use only FIREBIRD METALS 15

  17. Slide 17: Growing Thematic & Strategic Advantage

    GROWING THEMATIC & STRATEGIC ADVANTAGE For personal use only Systematic shift in global manganese markets over past decade Declining number of high quality, global manganese deposits Chinese domestic ore production declining, combined with lower production grade South Africa, the largest exporter of

  18. Slide 18: Manganese Market

    MANGANESE MARKET No substitute for manganese in steel production For personal use only >90 % USED IN STEEL Electrolytic High Carbon Manganese Metal Ferromanganese (EMM) (HCFeMn) Electrolytic Refined Manganese Ferromanganese Mn Ore Dioxide (EMD) (Ref MLC FeMn ) Manganese Silicomanganese Sulphate (SiM

  19. Slide 19: Manganese Seaborne Trade

    MANGANESE SEABORNE TRADE For personal use only Trade flow for manganese ore, 2020e (Mt gross weight) Source: Roskill & UN Comtrade FIREBIRD METALS 18

  20. Slide 20: Manganese Market - Batteries

    MANGANESE MARKET – Batteries “Manganese consumption in lithium-ion batteries is For personal use only expected to skyrocket in the coming 10 years, Manganese used in the form of Electrolytic because of the enormous rise Manganese Dioxide (EMD) or High-Purity Manganese Sulphate (HPMS) of lithium-ion

  21. Slide 21: Li-Ion Batteries - Understanding the Manganese Potential

    MANGANESE MARKET – Li-Ion Batteries - Understanding The Manganese Potential NMC (Nickel, Manganese & Cobalt) is the dominant EV Li-ion battery cathode chemistry For personal use only today …...and will continue to be so for at least the next two decades Manganese accounts for only 1-2% of the cost o

  22. Slide 22: Looking Ahead

    LOOKING AHEAD For personal use only FIREBIRD METALS 21

  23. Slide 23: Building a Future Manganese Producer

    BUILDING A FUTURE MANGANESE PRODUCER For personal use only Exciting project portfolio led by advanced, flagship Oakover Project Significant total Inferred Mineral Resources to 121mt over two projects: ▪ Oakover Project – Inferred JORC 2012 Mineral Resource estimate of 64 Mt @ 10% Mn* ▪ Hill 616 Proj

  24. Slide 24: Contact

    For personal use only CONTACT Peter Allen e-mail: admin@firebirdmetals.com.au

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