Slide 1: Seeking Major Mineral Discoveries in Australia
Seeking Major Mineral Discoveries in Australia First Development Resources Information Presentation June 2022 1
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) has been prepared by First Development Resources Limited (“FDR” or the “Company”) in conjunction with Power Metal Resources plc (“Power Metal”) and is provided solely for information purposes. By viewing or attending this Presentation, you agree to be bo
Slide 3: Corporate Overview
Corporate Overview Pre-IPO terms • First Development Resources Limited (“FDR”) is an exploration and development company with interests in Western Australia and Australia’s Northern Territory • Power Metal Resources PLC (LON:POW) is the largest shareholder holding 83.33% • FDR owns three highly pros
Slide 4: Management Team & Board
Management Team & Board Michael Moore Independent Non-Executive Chairman Mr Moore is a Mining Engineer from the Camborne School of Mines with over 20 years of operational and executive management experience across a diverse range of commodities in Australia, Indonesia, West Africa and Europe. He is
Slide 5: Why Australia?
Why Australia? • The Australian continent hosts many mineral commodities in a range of mineral deposit types distributed in all states and the Northern Territory • Australia is a top tier jurisdiction for mining investment; with Western Australia (#1), Southern Australia (#10), Northern Territory (#
Slide 6: Western Australia
Western Australia 6
Slide 7: Western Australia Property Package Overview
Western Australia Property Package Overview Paterson Province Under-explored with significant exploration potential • The Western Australian Paterson Province is widely regarded as one of the most prospective regions in Australia for the discovery of world-class gold-copper deposits and is home to s
Slide 8: Western Australia Property Package Overview
Western Australia Property Package Overview Wallal Project Targeting significant mineralisation within a highly prospective Au-Cu belt • 100% owned • Large land package covering 572km2 within the prolific Paterson Province • Desktop studies completed identified several large-scale magnetic highs loc
Slide 9: Wallal Project
Wallal Project Western Australia • Project transected by the Great Northern Highway and is located less than 200km from Port Hedland, Australia • Government open-file airborne magnetic geophysics data identified three highly prospective magnetic bullseye targets within the Wallal Embayment. • Wester
Slide 10: Wallal Project
Wallal Project Western Australia • Major Au-Cu deposits within the Paterson Province, including Winu (Rio Tinto) and Havieron (Newcrest Mining-Greatland Gold JV) were evaluated in comparison to the Wallal Eastern magnetic anomaly. • The Havieron Deposit is coincident with a magnetic geophysics bulls
Slide 11: Northern Territory
First Development Resources
Slide 12: Northern Territory Property Package Overview
Northern Territory Property Package Overview Selta Project Highly prospective for uranium and Rare Earth Elements • The Northern Territory has a long history of uranium mining and hosts some of Australia’s best known and high-grade uranium and REE deposits, including Arafura Resources (ASX:ARU) worl
Slide 13: Selta Project
Selta Project Considered a major exploration target for base metals, REE and orogenic gold • Surface sampling across the Selta Project has identified elevated uranium results up to 3.8 parts per million (“ppm”) uranium in soil samples, stream sediment samples up to 27.2ppm uranium and rock chip samp
Slide 14: Selta Project
Selta Project Multiple companies actively exploring within the region Arafura Resources (ASX:ARU) The Nolans Bore rare-earth elements-phosphate-uranium- thorium deposit is one of the largest deposits of its kind in the world with a JORC (2012) compliant Mineral Resource of 56 million tonnes at an av
Slide 15: Corporate Development Milestones
Corporate Development Milestones Wallal – Desktop Study COMPLETE Resource Potentials out of Perth, Australia, conducted a detailed desktop study on the Wallal Property, which included a full historic data compilation and multiple in-depth geophysical interpretations. Acquisition of Selta Project COM
Slide 16: Contact
Contact First Development Resources UK Ltd +44 20 7583 8304 201 Temple Chambers info@firstdevelopmentresources.com 3-7 Temple Avenue London EC4Y 0DT United Kingdom 16
Slide 17: References
References 1. Yunis, Jairo, and Elmira Aliakbari (2021). Fraser Institute Annual Survey of Mining Companies 2020. Fraser Institute. 2. www.riotinto.com/en/news/releases/2020/Rio-Tinto-reveals-maiden-Resource-at-Winu-and-new-discoveryew discovery 3. www.greatlandgold.com/havieron-jv/ron JV 4. https:/