Surefire Resources Nl · ASX:SRN
Surefire Resources Nl — Shareholder Meeting (November 2025)
25 slides from Surefire Resources Nl's shareholder meeting presentation, Nov 26, 2025
Slide 1: Annual General Meeting Presentation
surefireresources.com.au For personal use only ASX:SRN | FSE:GBL Annual General Meeting Presentation Managing Director, Paul Burton | 26 November 2025
Slide 2: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement For personal use only This announcement contains ‘forward-looking information’ that is Competent Person and New Information Statements: based on the Company’s expectations, estimates and projections The information in this report that relates to exploration r
Slide 3: Corporate Overview
Corporate Overview For personal use only CAPITAL STRUCTURE BOARD OF DIRECTORS Fully Paid Ordinary Shares 4,025,609.250 Paul Burton - Managing Director Unlisted Partly Paid Shares @ $0.027 188,785,323 - 30+ Years´ Experience In Natural Resources Unlisted Partly Paid Shares @ $0.0059 70,000,000 - From
Slide 4: Overview: Developing Critical Mineral & Gold Projects in Tier 1 jurisdiction
Overview: Developing Critical Mineral & Gold Projects in Tier 1 jurisdiction For personal use only Vanadium Titanium Iron High Grade Magnetite Efficient Energy Storage: Critical minerals Reduction in carbon emissions: Green steel plus Vanadium Redox batteries allow production relies on higher-grade
Slide 5: Surefire's Project Portfolio
Surefires Project Portfolio For personal use only Victory Bore Substantial Increase In V, Ti, Fe Grades In Magnetite Concentrate; Progression with discussions on offtake and funding Yidby Gold Completion Of Drilling And Re-Interpretation Of Data. System Enhanced – Drilling At Depth Next Step Tenure
Slide 6: In 2025 ..
In 2025 .. For personal use only Gold At Record High Prices Strategic Review Of Surefire’s Projects resulting in Focus On Advancing all Gold Projects In Portfolio Copper Hill Project Sulphide mineralisation of VMS style - New Em Conductor Ready To Be Drilled Victory Bore Critical Mineral Deposit - H
Slide 7: Victory Bore Critical Minerals Project
Victory Bore Critical Minerals Project For personal use only Australia Mining & Beneficiation on Site (Australia) Shipping offshore for processing to various jurisdictions Kingdom of Saudi Arabia (KSA) Up to 50% of KSA processing plant CAPEX available from Saudi Investment Development Fund OMAN Deve
Slide 8: Victory Bore – Key Metrics
Victory Bore – Key Metrics For personal use only PFS Results 1 UNIT AMOUNT Pre-tax NPV at a 10% discount rate AUD $M 1,708 Pre-tax Internal Rate of Return % 42.22 Capital Cost USD $M 498 Life of Mine Years 24 Pre-tax payback Years 2.4 Cut-off Classification2 Tonnes (Mt) V2O5 (%) TiO2 (%) Fe (%) Al2O
Slide 9: Example of Operating Margin
Example of Operating Margin1 US$ M For personal use only Expected margin of Operation. Years 1 - 9 out 24-year mine life (from PFS) 609 575 574 585 558 Gross Revenue 541 533 523 515 Cash Margin 380 369 20 367 361 351 370 Total Cost 16 20 346 20 20 342 20 16 20 16 16 20 16 312 20 15 15 15 20 14 178 1
Slide 10: Magnetite Concentrate – optimised
Magnetite Concentrate – optimised 1 For personal use only 700kg Bulk Sample treated in 2025 Produced higher grades of all valuable elements PRODUCT Fe V2O5 TiO2 SiO2 Al2O3 CaO MgO K2O Na2O Fraction % % % % % % % % % Magnetics 61.68 1.489 9.921 1.33 1.40 0.24 0.44 0.003 0.04 Non-Magnetics 22.45 0.176
Slide 11: Vanadium Leach
Vanadium Leach For personal use only 97% Vanadium Extraction Into Solution In 24 Hours 1 Challenges In Producing Physical Product From Solution but further test work planned to solve this ASX:SRN | FSE:GBL AGM PRESENTATION | 11 1 ASX Announcements 24 January 2024, 8 February 2024
Slide 12: Development
Development For personal use only HEADS OF AGREEMENT WITH HMS BERGBAU | one of the leading independent commodity trading companies in Germany Agreement Encompasses: Offtake for all products Experienced Project Delivery HMS Have Office In Europe and Asia HEADS OF AGREEMENT WITH DRA GLOBAL Agreement E
Slide 13: Yidby Gold Project Highlights
Yidby Gold Project Highlights For personal use only Excellent location next to Great Northern Highway Greenstone belt poorly explored but surrounding areas contain Moz gold deposits Gold mineralization occurs under cover – missed by conventional methods and prospectors >12,000M RC drilling completed
Slide 14: Yidby Gold Project New Target Generation
Yidby Gold Project New Target Generation For personal use only Re-Logging Core And Drill Chips, Re-Interpretation Ip Data, Structural Review Further Drilling Completed ASX:SRN | FSE:GBL AGM PRESENTATION | 14
Slide 15: Yidby Gold Project Results
Yidby Gold Project Results For personal use only Over 140 Rc Drill Holes And 5 Diamond Holes Drilled To Date 1 Outstanding Drilling Results, Thick Intercepts And Good Grades Open In All Directions – Some Examples Below: Hole Interval (m) Au (g/t) From (m) Hole Interval (m) Au (g/t) From (m) Hole Int
Slide 16: Yidby Gold Project Long-Section
Yidby Gold Project Long-Section For personal use only ASX:SRN | FSE:GBL AGM PRESENTATION | 16
Slide 17: Yidby Gold Project Cross-Section
Yidby Gold Project Cross-Section For personal use only ASX:SRN | FSE:GBL AGM PRESENTATION | 17
Slide 18: Copper Hill Project
Copper Hill Project For personal use only Native Copper And Sulphides In Historic Drilling Soil Geochemical 3Km X 2Km Of Anomalous Cu And Zn Shallow Drilling To 50M Revealed Sulphide Blebs Of Vms Style 1 ASX:SRN | FSE:GBL ASX Announcement 26 February 2025 AGM PRESENTATION | 18
Slide 19: Copper Hill Project EM Survey
Copper Hill Project For personal use only Em Survey 1 Conductor Identified In Vicinity Of Historic Drill Hole With Native Copper ASX:SRN | FSE:GBL 1 ASX Announcement 9 September 2025 AGM PRESENTATION | 19
Slide 20: Perenjori Iron Ore Project High Grade Magnetite
Perenjori Iron Ore Project High Grade Magnetite For personal use only Green Steel Project –15Km From Rail To Geraldton Environmental Assessment In Progress Up To 70% Fe Grade After Beneficiation ASX:SRN | FSE:GBL AGM PRESENTATION | 20
Slide 21: Kadji Gold Project
Kadji Gold Project High potential around the Magnetite For personal use only Review of previous exploration shows historic compelling Gold results ASX:SRN | FSE:GBL AGM PRESENTATION | 21 Refer Asx Release 3 October 2024
Slide 22: Kadji Gold Project
Kadji Gold Project For personal use only Extensive geochemical surveys, Rock chip and channel sampling limited RC Drilling Historic drill results 1 Width Hole ID From To (m) g/t Au PC01 18 20 2 2.15 PC05 40 41 1 11.6 PC16 8 36 28 0.72 Incl 32 36 4 1.24 ASX:SRN | FSE:GBL AGM PRESENTATION | 22 1 ASX A
Slide 23: Investment Highlights
Investment Highlights For personal use only Developing one of Australia largest Strong economics bring enormous upside vanadium and premium iron ore deposits potential with manageable downside risk Significant Gold and Copper assets Experienced management team ASX:SRN | FSE:GBL AGM PRESENTATION | 23
Slide 24: Next Steps in 2026
Next Steps in 2026 For personal use only Victory Bore – Progress JV Agreements – Progress Funding – Progress Offtake Agreements – Complete Permitting And Other Studies – Progress Vanadium Extraction Test Work Yidby Gold and Copper – Further geophysics and drilling Perenjori and Kadji – Progress Envi
Slide 25: Annual General Meeting Presentation
surefireresources.com.au For personal use only ASX:SRN | FSE:GBL Annual General Meeting Presentation Vanadium, Titanium, Gold, Copper & Premium Iron Ore Managing Director, Paul Burton | 26 November 2025
Surefire Resources NL — Shareholder Meeting (November 2025) on 6ix