Burley Minerals Ltd. · ASX:BUR
Burley Minerals — Investor Presentation (July 2021)
18 slides from Burley Minerals's investor presentation, Jul 7, 2021
Slide 1: Exploring the Yerecoin Project in the Jimperding Metamorphic Belt
For personal use only Exploring the Yerecoin Project in the Jimperding Metamorphic Belt Western Australia ASX: BUR July 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 For personal use only contained in this presentation is not i
Slide 3: Burley Kicking Goals for IPO
BURLEY KICKING GOALS FOR IPO For personal use only Burley Minerals Ltd incorporated 29 Oct 2020 Option secured to acquire 70% of Novarange Pty Ltd (owner of the Yerecoin Project, located 2 hours drive NE from Perth, WA IRON ORE RESOURCES • JORC 2012 compliant magnetite resources • 247 Mt @ 29.9% Fe
Slide 4: Board and Management
BOARD AND MANAGEMENT For personal use only 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 liste
Slide 5: Capital Structure & Key Information
CAPITAL STRUCTURE & KEY INFORMATION For personal use only CAPITAL STRUCTURE Offer price per Share $0.20 Shares offered for subscription 30,000,000 Total Shares on issue as at the date of this Prospectus 11,000,001 Maximum Number of Shares to be issued to Vendors 20,000,000 under Acquisition Agreemen
Slide 6: Location & Infrastructure
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 2 railway (Toodya
Slide 7: Project History
PROJECT HISTORY Magnetite resources 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. 20
Slide 8: Yerecoin Magnetite Resources
YERECOIN MAGNETITE 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 68.0
Slide 9: Exploration Targets: Iron Ore
EXPLORATION TARGETS Iron Ore For personal use only GROSSKOPF EXPLORATION TARGET Current drilling of western limb of Yerecoin Main resource ends at northern boundary of ‘Grosskopf’ property OTHER MAGNETITE EXPLORATION TARGETS Linear Magnetic high between Grosskopf Target and Yerecoin South has not be
Slide 10: Exploration Targets Summary
EXPLORATION TARGETS Summary 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 deposit intercepted
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 – currently increasing in size and extent. • This Region has had limited exploration in recent times for this style of
Slide 12: Yerecoin South
YERECOIN SOUTH Ni-Cu-Co-PGE Potential For personal use only • airborne VTEMTM MAX survey completed in March 2021. • Data with geophysics consultants for processing and interpretation • Results and potential EM drill targets anticipated post IPO Cross-section 6566625mN – ultramafic units intercepted
Slide 13: First Steps: Feasibility Studies and Exploration
MAGNETITE IRON ORE → FEASIBILITY STUDIES • Resource Drilling – infill & extension drilling to increase & upgrade BURLEY Magnetite Iron Resources to +Indicated status For personal use only MINERALS • Exploration Drilling – first pass drilling of Grosskopf target • Testwork – metallurgy, geotechnical
Slide 14: Burley Investment Summary
BURLEY INVESTMENT MAGNETITE IRON ORE For personal use only SUMMARY Fast track FEASIBILITY → DEVELOPMENT → PRODUCTION ✓ Indicated & Inferred Mineral Resource 247Mt @ 30% Fe (32% DTR – 68% Fe concentrate grade) ✓ Coarse-grained, low impurity content, favourable processing characteristics ✓ Near term r
Slide 15: Airborne VTEM survey at Yerecoin Project
For personal use only Airborne VTEM survey at Yerecoin Project
Slide 16: Appendix: Excellent Location & Infrastructure
APPENDIX EXCELLENT LOCATION & For personal use only INFRASTRUCTURE Core yard Gt Northern Hwy Calingiri rail crossing 16 Tier 2 rail network Kwinana Bulk Terminal
Slide 17: Appendix: Yerecoin Project Acquisition Agreement
APPENDIX - Yerecoin Project Acquisition Agreement see Prospectus Section 14.3 and 14.4 for summary of key terms For personal use only • Agreement dated 27 April 2021, Burley has secured a binding option to acquire 70% of the issued capital of Novarange (Sale Interest) which owns 100% of the Yerecoin
Slide 18: Appendix: Vendor Deferred Payments and Potential Performance Shares
APPENDIX - Yerecoin Project Acquisition Agreement see Prospectus Section 14.3 and 14.4 for summary of key terms For personal use only Vendor Deferred Payments and Potential Performance Shares • Following Novarange Acquisition Completion, Burley is liable to the Vendors for the following deferred con