Burley Minerals Ltd. · ASX:BUR
Burley Minerals — Shareholder Meeting (November 2021)
17 slides from Burley Minerals's shareholder meeting presentation, Nov 26, 2021
Slide 1: Burley Minerals Ltd Annual General Meeting Presentation
For personal use only Burley Minerals Ltd Annual General Meeting Presentation 10:00am AWST Friday 26th November 2021 ASX: BUR AGM Presentation – 28 November 2021 1
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial
Slide 3: Burley Kicks First Goal
BURLEY KICKS FIRST GOAL For personal use only ➢ Burley Minerals Ltd – listed on the ASX on 7th July 2021 ➢ Acquisition of 70% of Novarange Pty Ltd, & Yerecoin Project completed...comprising: IRON ORE RESOURCES • JORC 2012 compliant magnetite resources 247 Mt @ 29.9% Fe (68.1% Fe conc grade, 32.1% DT
Slide 4: Board and Management
BRYAN DIXON BCom CAANZ AGIA ACG Non-Executive Chairman Mr Dixon has over 20 years’ experience in the mining and exploration sector. Mr Dixon is a Chartered Accountant and Chartered Secretary and has extensive experience in the management of public and listed companies. Mr Dixon specialises in merger
Slide 5: Capital Structure
CAPITAL STRUCTURE For personal use only CAPITAL STRUCTURE Total Shares on issue after Completion 61.0 M Market Capitalization @ $0.20 per share $12.2 M Cash as at 30 Sept 2021 $5.1 M Total Options on issue 10,000,000 Performance Securities under Acquisition Agreement For the issue 30,000,000 Shares
Slide 6: Project Location & Infrastructure
YERECOIN PROJECT Location & Infrastructure For personal use only LOCATION • 120km NNE of Perth via Great Northern Highway • Excellent road access throughout Project area POWER • High Voltage power transmission lines • 132kV and 330kV • Dampier – Bunbury Natural Gas Pipeline (DBNGP) TRANSPORT • Tier
Slide 7: Project Exploration History
YERECOIN PROJECT Exploration History For personal use only 2009: Maiden drilling program completed by Giralia Resources NL • RC, diamond drilling: Yerecoin Main, Yerecoin South • Maiden Resource estimate 2010-2011: Giralia continues RC and diamond drilling 2011: Atlas Iron Ltd takeover of Giralia. 2
Slide 8: Magnetite Iron Resources
YERECOIN MAGNETITE IRON RESOURCES For personal use only Resource Resource Tonnes DTR % Fe % Fe % Al2O3 % SiO2 %P %S Area Category Mt % In-situ Conc Conc Conc Conc Conc MAIN 1,3 Indicated 31.0 37.4 31.4 67.7 0.15 6.01 0.01 0.03 Inferred 99.8 35.1 29.6 68.4 0.2 5.40 0.01 0.04 Sub-Total 130.8 35.7 29.7
Slide 9: Feasibility Study Update
FEASIBILITY STUDY Update For personal use only PRE-FEASIBILITY STUDY COMMENCED Since listing on the ASX in July 2021, Burley Minerals has commenced Pre-Feasibility Study work on the Yerecoin Iron Project: FEASIBILITY STUDY MANAGER APPOINTED (Stewart McCallion) METALLURGY (consultant appointed) • Com
Slide 10: Exploration Targets: Iron Ore, Ni-Cu-Co-PGE
EXPLORATION TARGETS Iron Ore, Ni-Cu-Co-PGE For personal use only IRON ORE • Immediate potential to extend and upgrade magnetite resources at Yerecoin Main & Yerecoin South • Potential for discovery of additional magnetite resources Ni-Cu-Co-PGE • Historical drilling at Yerecoin South magnetite depos
Slide 11: Ni-Cu-Co-PGE Target
Ni-Cu-Co-PGE TARGET For personal use only • Potential for Ni-Cu-Co-PGE mineralisation in ultramafic host rocks • ~60km north of Chalice Mining’s Gonneville PGE-Ni-Cu-Co-Au discovery – increasing in size and extent. • This Region has had limited exploration in recent times for this style of mineralis
Slide 12: South Ni-Cu-Co-PGE Potential
YERECOIN SOUTH Ni-Cu-Co-PGE Potential For personal use only • airborne VTEMTM MAX survey completed in March 2021. • Several EM anomalies identified – follow-up ground EM planned to validate and define drill targets • Historical diamond drill core currently being re-logged and sampled for Ni-Cu-Co-PG
Slide 13: Hamersley Iron Ore Province
HAMERSLEY IRON ORE PROVINCE Exploration Licence applications – 100% Burley For personal use only APPLICATIONS LODGED FOR IRON ORE BROAD FLAT – ELA 47/4580 1 • Channel Iron Deposit (CID) mineralisation identified • Historical surface rock-chip sampling of CID outcrop – results up to 61.5% Fe • Existi
Slide 14: Next Steps
YERECOIN – MAGNETITE IRON ORE → FEASIBILITY STUDIES • Resource Drilling – infill & extension drilling to increase & upgrade Magnetite Iron Resources to +Indicated status • Exploration Drilling – first pass drilling of Grosskopf target For personal use only • Testwork – metallurgy, geotechnical • Pro
Slide 15: Investment Summary
YERECOIN PROJECT MAGNETITE IRON ORE – Fast track FEASIBILITY → DEVELOPMENT → PRODUCTION ✓ Indicated & Inferred Mineral Resource For personal use only 247Mt @ 30% Fe (32% DTR – 68% Fe concentrate grade) ✓ Coarse-grained, low impurity content, favourable processing characteristics ✓ Near term readines
Slide 16: Authorised for release / Contact
For personal use only Authorised for release by the board of Burley Minerals Ltd burleyminerals.com.au ASX:BUR admin@burleyminerals.com.au Yerecoin Project – Airborne VTEM survey, March 2021
Slide 17: Appendix: Excellent Location & Infrastructure
For personal use only Core yard Gt Northern Hwy APPENDIX EXCELLENT LOCATION & INFRASTRUCTURE Calingiri rail crossing 17 Tier 2 rail network Kwinana Bulk Terminal
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