Sheffield Resources Limited · ASX:SFX

Sheffield Resources — Shareholder Meeting (November 2013)

21 slides from Sheffield Resources's shareholder meeting presentation, Nov 28, 2013

  1. Slide 1: Annual General Meeting 28 November 2013

    + For personal use only SFX Annual General Meeting 28 November 2013

  2. Slide 2: Disclaimer

    +Disclaimer For personal use only COMPETENT PERSONS’ STATEMENT – EXPLORATION RESULTS The information in this presentation that relates to reporting of resource and exploration results is based on information compiled under the guidance of Mark Teakle. Mr Teakle The information in this presentation t

  3. Slide 3: Year in Review

    Year in Review For personal use only  DAMPIER HMS PROJECT - FLAGSHIP  Thunderbird maiden resource: 1.37Bt @ 6.1% HM1  TZMI appraisal confirms products are highly marketable  Substantial progress on scoping and environmental studies  Completed 2nd drilling campaign of 21,750m  Definition of thi

  4. Slide 4: Company Snapshot

    SHAREHOLDER 12 MONTH SPLIT PERFORMANCE Company Snapshot Top 20 For personal use only 36% Share Price +21% Board & Management Shareholders Will Burbury Executive Chairman Directors 19.4% Market Cap +51% Bruce McQuitty Managing Director David Archer Technical Director CAPITAL STRUCTURE David Boyd Expl

  5. Slide 5: Company Snapshot: Projects

    Company Snapshot For personal use only PROJECTS (ALL 100% SFX) Dampier - HMS Flagship - Thunderbird Total Resource 1.37Bt @ 6.1% HM (83Mt HM)1 including 517Mt @ 10.1% HM North Pilbara Iron Mt Vettel DSO target Red Bull - Nickel Fraser Range Ni-Cu 1 Refer to Appendices 1 & 2 5

  6. Slide 6: Large Scale, High Grade

    Large Scale, High Grade For personal use only THUNDERBIRD MINERAL SANDS STATUS AT DECEMBER 2012  Maiden Mineral Resource 1.37Bt @ 6.1% HM (Indicated & Inferred)1  Includes coherent high grade component of 517Mt @ 10.1% HM (Indicated & Inferred)2 E E’  Strong grade continuity 4km  Low overburden

  7. Slide 7: Recent Drilling

    Recent Drilling For personal use only THUNDERBIRD MINERAL SANDS STATUS AT DECEMBER 2013  2nd drilling campaign completed Oct 2013  281 aircore drill holes for 18,845m  Infill drilling aimed at improving resource classification  Step-out drilling to test exploration upside  70% of assay results

  8. Slide 8: Recent Drilling

    Recent Drilling For personal use only THUNDERBIRD MINERAL SANDS  Results to date define a thick, high grade zone at 7.5% HM cut-off  Dimensions: 6km x 2.5km  Intersections1 include: 19.5m @ 21.0% HM from 12m 28m @ 17.9% HM from 32m 18m @ 17.2% HM from 16.5m 24m @ 16.1% HM from 25.5m 32.5m @ 14.5%

  9. Slide 9: Recent Drilling

    Recent Drilling For personal use only THUNDERBIRD MINERAL SANDS  Thick, high grade mineralisation displaying strong continuity  Open up-dip & down-dip 9

  10. Slide 10: Premium Product

    Premium Product For personal use only THUNDERBIRD MINERAL SANDS  Highly Marketable Products as assessed by TZMI  Premium grade zircon suitable for ceramics (largest sector of zircon market)  Primary ilmenite suitable for sulphate pigment process or sulphate or chloride slag (broad customer base)

  11. Slide 11: World Class

    World Class For personal use only THUNDERBIRD MINERAL SANDS 7.00 Puttalam (ILU) Amongst the world’s 6.00 largest and highest In Situ TiO2 Mineral Grade (Rut+Lux+Ilm) % grade deposits 5.00 Toliara (WTR) Douglas (ILU) 4.00 Thunderbird High Grade Zone 517Mt @ 10.1% HM (SFX) Kwale (BSE) 3.00 Thunderbird

  12. Slide 12: World Class

    For personal use only Contained zircon (Mt) 0 2 4 6 8 10 12 14 1983 1984 1985 1986 1987 1988 1989 Grand Cote (MDL) 1990 1991 McCalls (SFX) 1992 World Class 1993 1994 1995 1996 Moma (KMR) 1997 Puttalam (ILU) 1997 Kwale (BSE) THUNDERBIRD MINERAL SANDS 1998 Douglas (ILU) 1999 Toliara (WTR) Year of Disc

  13. Slide 13: Thunderbird Timeline

    Thunderbird Timeline For personal use only Scoping studies Drilling completed Drilling results Pre-feasibility from Oct-Dec DFS Resource update Development 2013 Q2 2013 Q3 2013 Q4 2014 2015 2016 Permitting & Approvals 13

  14. Slide 14: Red Bull Nickel

    Red Bull Nickel For personal use only LARGE FRASER RANGE POSITION  6 tenements, 1,388 sq km  Red Bull is current focus  Close to Nova and emerging prospects Sheffield Northern Targets 14 Gravity image Gravity image

  15. Slide 15: Red Bull Nickel: Northern Targets

    Red Bull Nickel For personal use only NORTHERN TARGETS  Target zone is 8km long layered mafic- ultramafic complex  Anomalous Ni-Co-Cu is associated with an ultramafic unit of low magnetic intensity  Initial aircore drilling outlined 3 substantial prospects: Earlobe, Stud & Sleeper  Best interval

  16. Slide 16: North Pilbara Iron: Mt Vettel DSO Target

    North Pilbara Iron For personal use only MT VETTEL DSO TARGET  Outcropping hematite mineralisation over 1km strike length  Average 61.3% Fe from 37 samples  Low impurities: 0.038% P, 0.98% Al2O3, 4.77% SiO2  150km from Port Hedland – potential trucking distance  Scheduled for drilling Q1 2014 1

  17. Slide 17: Summary

    Summary For personal use only Thunderbird - a World Class HMS deposit  Once in a decade discovery  Scoping Study Q1 2014, moving to PFS in 2014 Red Bull - strong exposure to an emerging Nickel province  3 substantial nickel targets from 1st phase aircore drilling  2nd phase of aircore drilling i

  18. Slide 18: Thank you

    Thank you For personal use only For further information please contact: Sheffield Resources Ltd 14 Prowse Street West Perth WA 6005 Ph +61 (8) 6424 8440 info@sheffieldresources.com.au www.sheffieldresources.com.au

  19. Slide 19: Appendices

    For personal use only Appendices 19

  20. Slide 20: Appendix 1: Resource Inventory

    Appendix 1: Resource Inventory For personal use only Sheffield’s contained Valuable HM (VHM)* Resource Inventory at 30 October 2013 Deposit Resource Category Zircon (‘000t) Rutile (‘000t) Leuc. (‘000t) Ilmenite (‘000t) Total VHM (‘000t) Thunderbird Indicated 1,483 344 924 6,256 9,007 Thunderbird Inf

  21. Slide 21: Appendix 2: HMS Mineral Resource Inventory Oct 2013

    Appendix 2: HMS Mineral Resource1 Inventory 30 Oct 2013 For personal use only Project Deposit Resource Cut-off Material Bulk HM Slimes Osize In-situ HM Zircon2 Rutile2 Leuc.2 Ilmenite2 Category (% HM) (Mt)* Density % %3 % (Mt)* % % % % Thunderbird Indicated 2.0 299 2.1 7.2 19 14 21.5 6.9 1.6 4.3 29

Sheffield Resources — Shareholder Meeting (November 2013) on 6ix