Slide 1: Sheffield Resources Ltd – Investor Presentation
For personal use only Sheffield Resources Ltd LARGE PROJECTS, NEW PROVINCES Investor Presentation September 2012 ASX:SFX | www.sheffieldresources.com.au
Slide 2: Disclaimer
Disclaimer For personal use only COMPETENT PERSONS’ STATEMENT – EXPLORATION RESULTS The information in this announcement that relates to exploration results is based on information compiled by David Boyd. Mr Boyd is a full time employee of the Company. Mr Boyd is a Member of the Australasian Institu
Slide 3: Company Snapshot
Company Snapshot For personal use only Capital Structure Board & Management Share price $0.64 Will Burbury Exec Chairman Shares on issue 95.7m Bruce McQuitty Managing Director Options (Ave. Ex Price ~24.7c) 31.1m David Archer Technical Director Market Cap (Undiluted) $61m David Boyd Exploration Mana
Slide 4: Investment Summary
Investment Summary For personal use only Experienced management team Project Dampier – Zircon Locations • Flagship Project • First major HMS discovery in the Canning Basin • Thick, high grade mineralisation from surface • Globally significant project Dampier - Zircon • Drilling continues with deposi
Slide 5: Dampier
Dampier For personal use only • Previously under-explored region • Sheffield first mover in region with ~ 3,000 km² landholding • The Dampier Project contains two significant heavy mineral sands prospects: Thunderbird and Argo • Thunderbird is a large shallow deposit on the eastern zone and is the f
Slide 6: Thunderbird Discovery
Thunderbird Discovery For personal use only • Globally significant zircon exploration project • Thunderbird has scale • Strike potential of 15 km • Mineralisation outcrops, dipping shallowly at < 1 degree • Broad, high grade intersections from maiden drill programme: • 20.5m @ 9.5% HM from 24m (THAC
Slide 7: Thunderbird Discovery
Thunderbird Discovery For personal use only • Exceptional results from second batch of samples released 19 September 2012, including: • 32.1m @ 10.1% HM from 9m (THAC048) • 40.5m @ 7.8% HM from 3m (THAC047) • 41.5m @ 7.3% HM from 6m (THAC006) • 42m @ 6.3% HM from 21m (THAC025) • 27m @ 8.6% HM from s
Slide 8: Thunderbird Discovery
Thunderbird Discovery For personal use only • The drilling results received to date define an internal high grade zone (at 5% HM cut-off) up to 32.5m thick, with an area of 12km2, averaging 9.0% HM • Half of the deposit has less than 3 metres of overburden • Potential for large tonnage and long life
Slide 9: Dampier – Exploration upside
Dampier – Exploration upside For personal use only Zircon Tail • Argo Prospect • 12km west of Thunderbird • High priority drilling target with established mineralisation (based on a single scout drill traverse) • 17% zircon from historical metallurgical testwork (see photo of gravity separation abov
Slide 10: Red Bull
Red Bull For personal use only • Red Bull Project comprises of two exploration licences (one remains in application) • Combined project area of 525km2 • A significant new nickel-copper discovery (Nova) has recently been made by Sirius Resources NL (ASX:SIR) • Red Bull is within 20km of the Nova disc
Slide 11: Red Bull
Red Bull For personal use only • Targets from historic data review • 8km long anomalous Ni-Cu trend identified from historical aircore drilling results • Favourable mafic and ultramafic host rocks and large structures • Disseminated sulphides noted by previous explorers ASX:SFX | www.sheffieldresour
Slide 12: Red Bull
Red Bull For personal use only • Concealed potential • At Red Bull, the prospective Fraser Complex rocks are concealed beneath a thin layer of transported cover • Sirius’ Nova discovery was made in a similarly concealed setting • Due to the extent of cover, the Red Bull project area has received lim
Slide 13: Eneabba
Eneabba For personal use only • Strategy: to build a substantial resource base to underpin a 20-30 year mine life • Project located ~ 140km south of Geraldton • Established mining province dominated initially by Iluka Resources Ltd and Tronox Ltd • Significant tenure position secured in 2010 followe
Slide 14: McCalls
McCalls For personal use only • Globally significant asset receiving considerable industry attention • Large high TiO2 ilmenite deposit, located 110km north of Perth • Mineral Resource of 4.4Bt @ 1.2% HM, containing 53Mt in HM¹ • Lower grade but has scale: • contains over 40Mt of chloride grade ilme
Slide 15: Summary
Summary For personal use only • Exploring for large deposits in new provinces • Dampier - the flagship project • Canning Basin is a new province with more discoveries to be made – immediate focus • Evaluating highly prospective Red Bull project for Ni- Cu-PGEs • Established Mineral Resources at Enea
Slide 16: For further information please contact
For personal use only For further information please contact: Sheffield Resources Ltd 14 Prowse Street West Perth WA 6005 Ph +61 (8) 6424 8440 www.sheffieldresources.com.au info@sheffieldresources.com.au ASX:SFX | www.sheffieldresources.com.au 15
Slide 17: Appendix – Resource Inventory
Appendix 1 Resource Inventory For personal use only Sheffield’s contained Valuable HM (VHM)* Resource inventory (0.9% HM cut-off) Deposit Resource Category Zircon Rutile Leuc. Ilmenite Total VHM (‘000t) (‘000t) (‘000t) (‘000t) (‘000t) Yandanooka Indicated 201 117 168 1,072 1,558 Yandanooka Inferred
Slide 18: Appendix – HMS Mineral Resource Inventory
Appendix 2 HMS Mineral Resource1 Inventory at 0.9% HM Cut-off 28 AUG 2012 For personal use only ENEABBA PROJECT Deposit Resource Material Bulk Density HM Slimes % Osize In-situ HM Zircon Rutile Leuc. Ilmenite Category (Mt)* % % (Mt)* % % % % Yandanooka Indicated 61.00 2.0 2.8 14.7 9.4 1.72 11.7 6.8