Superior Resources Limited · ASX:SPQ
Superior Resources — Shareholder Meeting (November 2018)
27 slides from Superior Resources's shareholder meeting presentation, Nov 30, 2018
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 30 November 2018 Superior Resources ASX: SPQ
Slide 2: Important information
Important information For personal use only 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 Li
Slide 3: Our purpose
Our purpose For personal use only Superior Resources is an Australian exploration company focused on large “Tier 1” projects in northern Queensland. ▪ ASX exposure to entry-level Tier 1 (world class potential) zinc and copper exploration projects is limited ▪ Compelling investment – undervalued rela
Slide 4: Our strategy
Our strategy For personal use only Exposure to significant value growth potential: - Tier 1 “giant-sized” targets - Battery Metals – Cu, Co, Ni (and Zinc?) ▪ Nicholson / Victor (100%) – “Mount Isa style” lead-zinc-copper targets within the globally significant Carpentaria Zinc Province. ▪ Greenvale
Slide 5: Nicholson, Victor and Greenvale Projects
1. Nicholson Project (SPQ 100%) ▪ Zinc, Lead, Copper, Cobalt, Silver ▪ 5 Tier 1 targets ▪ 1 Battery Metals project + 1 Uranium project For personal use only ▪ Most are ready to drill ▪ Area: 332 km2 1 2. Victor Project (SPQ 100%) 2 3 ▪ Zinc, Lead, Copper, Silver ▪ Several Tier 1 targets ▪ Area: 1,13
Slide 6: Corporate snapshot / Stock performance
Corporate snapshot / Stock performance For personal use only SPQ.ASX XSR.ASX XGD.ASX Performance (%) 19 Nov 2017 - 19 Nov 2018 Share Turnover 280 High $0.024 price 122% 260 2.0c 240 Completion of Bottletree IP survey Average $1.86M cap Rights Issue daily volume raising closes 220 oversubscribed Luck
Slide 7: Corporate structure
Corporate structure For personal use only Significant Shares on shareholders issue Management (holding >5%) 688M 15% Options Top 20 hold 47% ~150M Other shareholders Other Top 20 53% shareholders Market Cap 32% $4.8M 7
Slide 8: 2018 Highlights
2018 Highlights For personal use only ▪ BOTTLETREE – Identified a large mineralised copper target ➢ IP survey identified large chargeability anomaly beneath extensive near-surface copper ➢ First diamond core drilling returned considerable copper mineralisation ▪ BATTERY METALS – Identified new prosp
Slide 9: Greenvale Project: A unique world class Macquarie Arc opportunity
GREENVALE PROJECT A unique world class Macquarie Arc opportunity For personal use only ▪ The Macquarie Arc – hosts the giant Cadia and North Parkes porphyry Cu-Au mines in NSW Balcooma ▪ The unique opportunity: Greenvale rocks are the northern remnant of the Macquarie Arc - Underexplored Wyandotte ▪
Slide 10: Greenvale Project drill-ready targets
GREENVALE PROJECT For personal use only Greenvale Project includes 8 drill-ready targets, highly prospective for: Copper-Gold Nickel-Cobalt Gold porphyry/VMS › Bottletree › Cockie Creek (drilled 2018) identified a large copper system over Significant porphyry copper target. Historic several km2. dri
Slide 11: Greenvale Project
For personal use only Greenvale Project 11
Slide 12: Greenvale Project: Bottletree
Soil geochemistry (copper) Greenvale Project: Bottletree For personal use only ▪ Recently identified large-scale copper deposit. ▪ MIMDAS IP survey completed May 2018: - Large, strong chargeability anomaly - Beneath near-surface copper ▪ Diamond drilling program targeting chargeability anomaly compl
Slide 13: MIMDAS IP Chargeability – Modelled 3D
MIMDAS IP Chargeability – Modelled 3D N Greenvale Project: Drill holes 2018 Bottletree SBTRD006 For personal use only ▪ SBTRD0065: - 18.7m @ 1.12% Cu - 292m @ 0.22% Cu ▪ Large chargeability target at +400m ▪ Copper grades correlate well with chargeability response ▪ 1.4km long anomaly, open to the n
Slide 14: Minimum proposed drill holes 2019
Minimum proposed drill holes 2019* Greenvale Project: Bottletree Delivering size and grade potential * Subject to funding For personal use only N Proposed drill holes 2019 Drill holes 2018 IP Survey 0 1 km 14
Slide 15: Greenvale Project: Big Mag
Airborne magnetics (RTP) Greenvale Project: Big Mag For personal use only ▪ Characterised by a regionally large, intense magnetic anomaly of ~25km2 ▪ High potential for nickel-cobalt, copper- gold mineralisation ▪ Very limited historic exploration – few drill holes on the NE margin – otherwise unexp
Slide 16: Big Mag: Historic drill holes
Greenvale Project: - Historic drill holes Big Mag For personal use only ▪ A series of mafic and ultramafic intrusions – based on historic drilling, magnetics and petrology of drill hole samples. ▪ Considered to be related to the same series of rocks as Greenvale Nickel Mine (SCONI). SCONI Greenvale
Slide 17: Nicholson and Victor Projects – Tier 1 Zinc
NICHOLSON and VICTOR PROJECTS – TIER 1 ZINC World class Mount Isa-style zinc-lead-copper targets For personal use only Getting ready for 2019 ▪ Located northwest of Mount Isa within Carpentaria Zinc Province which contains 20% of the world’s zinc inventory. ▪ Underexplored – this is the most likely
Slide 18: Nicholson Project – Multiple world class Mount Isa style targets
Nicholson Project – Multiple word class Mount Isa style targets For personal use only Is persistence about to pay off? ▪ Advanced discussions with a well-funded party ▪ 5 Century or HYC sized targets ▪ No previous drilling on 4 targets ▪ Significant VTEM anomaly with direct evidence of base metal mi
Slide 19: Board and senior management
Board and senior management For personal use only The Board and senior management team have deep exploration and technical expertise coupled with extensive corporate experience [insert [insert [insert image] image] image] Carlos Alberto Fernicola Peter Henry Hwang Kenneth James Harvey Non-Executive
Slide 20: Superior – the next months
SUPERIOR – the next 12 months ….. For personal use only ▪ Exciting forward programs planned, targeting high impact zinc, copper and gold prospects Q4 2018 Q1 2019 Q2 2019 Q3 2019 NICHOLSON PROJECT Conclude discussions with well-funded party Nicholson West TBA BIG MAG Grant of tenement Conduct Initia
Slide 21: A compelling value proposition
A compelling value proposition For personal use only Significant exposure – Tier 1 zinc exploration – High potential copper – Battery Metals Carpentaria Zinc Province & Ancient Porphyry Belt ▪ Current share price does not reflect the value or significant exploration upside of SPQ’s zinc, copper, gol
Slide 22: Thank you
SUPERIOR RESOURCES Think big for 2019 For personal use only Thank you www.superiorresources.com.au 22
Slide 23: Appendices: Victor Project
Appendices For personal use only 1. Victor Project 23
Slide 24: Victor Project
Victor Project For personal use only A world class Mount Isa style lead-zinc- silver, copper exploration project. ▪ Located 75km northwest of Mount Isa. ▪ Underexplored. ▪ 100% ownership – project comprises 6 exploration permits, covering at least 1,135km2. 24
Slide 25: Victor Project: Leakage Concept
Victor Project For personal use only Leakage Concept Location of project and tenements Exploration strategy based on the mechanism of geochemical “leakage” of key metals (lead, zinc and copper) from a deeper Proterozoic source into younger overlying sediments. Geological concept 25
Slide 26: Victor Project has significant surface indications of zinc and lead
Victor Project has significant surface VictorofProject indications zinc and lead For personal use only Imaging of soil lead Imaging of zinc Century Mine Century Mine Victor Project Victor Project Mount Isa Mount Isa 26
Slide 27: Multiple datasets – indications of a mineralised buried Mount Isa style setting
Multiple datasets – compelling indications of a mineralised Victor buried MountProject Isa style setting For personal use only Soil lead geochemical anomalies coincident with deeper large basement structures 27
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