Sabre Resources Ltd · ASX:SBR
Sabre Resources — Australian Nickel Conference 2022
14 slides from Sabre Resources's conference presentation, Oct 5, 2022
Slide 1: A Nickel Sulphide Discovery Story
Jon Dugdale, CEO, Sabre Resources Ltd Australian Nickel Conference, 5 October 2022 A NICKEL SULPHIDE DISCOVERY STORY 100,000 tonnes of Nickel and Growing
Slide 2: ASX:SBR Focus: Nickel Discovery & Development in WA
ASX:SBR Focus: Nickel Discovery & Development in WA Australian Nickel Conference, 5th October, 2022
Slide 3: NW Pilbara - The Next Great Nickel Sulphide Province?
NW PILBARA - THE NEXT GREAT NICKEL SULPHIDE PROVINCE? • Flagship Sherlock Bay Nickel- Copper-Cobalt Project • Existing sulphide resources contain 115kt Nickel metal Eq*1 • Currently drilling new massive sulphide discovery targets below Sherlock Bay nickel sulphide Resource1,2 1 Sabre Resources Ltd,
Slide 4: Sherlock Bay Nickel Sulphide Deposit
SHERLOCK BAY NICKEL SULPHIDE DEPOSIT • Sherlock Bay includes two steeply dipping nickel sulphide deposits, Discovery and Symonds, in a 1.5km strike-length, northeast-southwest “mineralised horizon” • Sherlock Bay Mineral Resource Estimate: » 24.6Mt @ 0.40% Ni, 0.09% Cu, 0.02% Co (0.47% NiEq*), Conta
Slide 5: Sherlock Bay Scoping Study Outcomes
SHERLOCK BAY SCOPING STUDY OUTCOMES • Two open pit and underground mines • Producing 70kt of nickel in mixed-hydroxide (MHP) over 10 years • Strongly positive operating cashflow range: (@US$10/lb/US$22,040/t) of A$180M to A$850M*3 • After initial Capex (A$280M) cashflow range: (A$230M) to A$440M (un
Slide 6: Massive Sulphide Potential Identified
MASSIVE SULPHIDE POTENTIAL IDENTIFIED • Recognition Sherlock Bay is an intrusive related Ni deposit, potentially like IGO’s Nova-Bollinger4 • Nickel grades increase with depth towards projected Sherlock Intrusive - detected by gravity survey5 • Massive sulphide target(s) at intersection of mineralis
Slide 7: Massive Sulphide Target: Conductor Identified
MASSIVE SULPHIDE TARGET: CONDUCTOR IDENTIFIED • First hole (SBDD001): 50m sulphide zone, including semi-massive sulphides, in the mineralised horizon7 • Strong off-hole DHEM conductor (C3) detected below and east of hole, at projected intrusive contact8 • Second hole (SBDD002), drilled south to nort
Slide 8: Sherlock Bay Nickel - Potential to Grow
SHERLOCK BAY NICKEL - POTENTIAL TO GROW • Detailed gravity indicates the Sherlock Intrusive at depth along entire >5km strike length of ML5 • Previous surface EM detected anomalies but did not penetrate to depth of the intrusive contact • New, deep penetrating EM is planned to detected massive sulph
Slide 9: Nepean South Nickel Project
Nepean NEPEAN SOUTH Ni mine NICKEL PROJECT • South of the Nepean massive nickel sulphide mine that produced 1.1Mt at 3.0% Ni9 Nepean • RC drilling below previous RAB South Ni Project results of up to 6m @ 1.84% Ni9 • High-grade RC results above central and southern ultramafics, defined by drone magn
Slide 10: Ngalia Uranium Projects – NT
NGALIA URANIUM PROJECTS – NT • Highly prospective uranium-vanadium exploration licences in the Ngalia Basin of the Northern Territory • Both projects along strike from existing uranium-vanadium resources • Dingo Project: targeting sandstone- hosted uranium-vanadium on northern margin of Ngalia Basin
Slide 11: Sabre Resources – Why Invest
SABRE RESOURCES – WHY INVEST • Major nickel sulphide project at Sherlock Bay with existing 115kt Ni Eq* resource and immediate upside for high-grade massive sulphide discovery(‘s) • A clear focus on advancing nickel sulphide and other energy metals projects (e.g. uranium-vanadium) in great places to
Slide 12: Sherlock Bay Resource and Nickel Equivalent Calculations
SHERLOCK BAY RESOURCE AND NICKEL EQUIVALENT CALCULATIONS 1 Metal Average grade (%) Metal Prices Recovery x payability (%) Factor Factored Grade (%) Per lb Per T Ni 0.40 $10.00 $22,040 0.79 1.00 0.40 Cu 0.09 $3.50 $7,714 0.60 0.27 0.02 Co 0.02 $23.59 $52,000 0.60 1.79 0.04 CuEq 0.47 Tonnes Metal 100,
Slide 13: 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 14: Thank you
—____ _——_— SABRE RESOURCES LTD Thank you sabresources.com "