Xpedra Resources Limited · ASX:XPD
Xpedra Resources — RRS Gather Round 2024
37 slides from Xpedra Resources's conference presentation, Apr 4, 2024
Slide 1: High-Impact Critical Minerals Exploration in Canada
HIGH-IMPACT CRITICAL MINERALS EXPLORATION IN CANADA URANIUM AND LITHIUM TIER-1 LOCATIONS RRS GATHER ROUND Adelaide, April 4th 2024 George Bauk, Executive Chairman (Formerly Valor Resources ASX:VAL)
Slide 2: Disclaimer and Forward-Looking Statements
92 3 29 (Formerly Valor Resources ASX:VAL) U Li Cu DISCLAIMER AND FORWARD-LOOKING STATEMENTS This presentation contains forward looking statements. Forward looking statements are often, but not always, review highlights high-grade targets” dated 6 July 2022, “Hidden Bay Uranium airborne survey ident
Slide 3: Ingredients for Success: Canada's Critical Minerals
92 3 29 U Li Cu INGREDIENTS FOR SUCCESS MINERALS. CANADA’S CRITICAL ______________ FOCUSED ON HIGH-GRADE URANIUM IN CANADA The Athabasca Basin is the world’s highest-grade source of uranium and accounts for ~20% of global supply. ______________ DRILL-READY TARGETS Over the past two years, our explor
Slide 4: Corporate Snapshot
92 3 29 (Formerly Valor Resources ASX:VAL) U Li Cu CORPORATE A$11M BOARD OF DIRECTORS MARKET CAP George Bauk EXECUTIVE CHAIRMAN SNAPSHOT A$0.06 Gary Billingsley NON-EXECUTIVE DIRECTOR SHARE PRICE SHAREHOLDER Skyharbour Resources, 5.95% 181.6m Robin Wilson TECHNICAL DIRECTOR BREAKDOWN Brian McMaster
Slide 5: Board of Directors and Management Team
92 3 29 U Li Cu BOARD OF DIRECTORS AND MANAGEMENT TEAM George Bauk Gary Billingsley Robin Wilson Joe Graziano Executive Chairman Non-Executive Director Technical Director Company Secretary Extensive resource industry experience, both in • Over 37 years’ experience in the resource sector • Senior exp
Slide 6: ESG
92 3 29 U Li Cu ESG LICENCE TO OPERATE EARLY ENGAGEMENT ESG forms part of our core values – early engagement with local communities, provision of employment opportunities during the preparation and implementation of our drilling program in Canada and sourcing local contractors INCLUSIVITY Ensuring a
Slide 7: Uranium in the Athabasca Basin, Canada
92 U URANIUM IN THE ATHABASCA BASIN, CANADA Established in late 2020 with expansion in 2021-23 Highest grade in the world, with drill targets developed and ready to go World-class mines located in close proximity 7
Slide 8: The Athabasca Basin
92 U THE ATHABASCA BASIN STRATEGICALLY POSITIONED IN AND AROUND HIDDEN BAY – Drill ready (pending permit) Located near the historical Rabbit Lake Uranium Mine (203Mlbs uranium produced) Potential for basement-hosted (e.g. Rabbit Lake) and unconformity-type deposits CLUFF LAKE – Drill ready (permit –
Slide 9: Why the Athabasca Basin?
92 U WHY THE ATHABASCA BASIN? Average grade across the Basin of ~2% U3O8 – 10-20X global average Saskatchewan ranked 2nd in the Top 10 Global Mining Investment Jurisdictions in 2021 Athabasca has historically produced 20% of the world’s primary uranium supply, with 60 years of mining history Structu
Slide 10: Hidden Bay Uranium Project
92 U 100% OWNERSHIP HIDDEN BAY URANIUM PROJECT Similar geological setting to nearby Rabbit Lake and Eagle Point Uranium deposits. Prospective for unconformity and basement-hosted uranium deposits Located about 20km and 30km south-east of Rabbit Lake Uranium Mine and Eagle Point Uranium Mine resp
Slide 11: Hidden Bay Uranium Project
92 U 100% OWNERSHIP HIDDEN BAY URANIUM PROJECT Drill testing proposed for 2024 – five holes for 2,400m Six priority targets identified from an airborne gravity survey completed in June 2022, historical data review and radon geochemistry Targets are close to the regional Athabasca unconformity –
Slide 12: Hidden Bay Uranium Project
92 U 100% OWNERSHIP HIDDEN BAY URANIUM PROJECT Unconformity and basement-hosted targets proposed for drill-testing with five drill holes. Hidden Bay – Cross-section of proposed drillhole HB-02 (gravity inversion upper, magnetic inversion lower) 12
Slide 13: Cluff Lake Uranium Project
92 U 100% OWNERSHIP CLUFF LAKE URANIUM PROJECT Located proximal to the unconformity around the Carswell structure. 332km2 landholding located 7km east of the Cluff Lake Mine, which produced 62Mlb U3O8 at an average grade of 0.92% U3O8 Also located just 2.5km north-east of UEX/Orano’s Shea Creek
Slide 14: Cluff Lake Uranium Project
92 U 100% OWNERSHIP CLUFF LAKE URANIUM PROJECT Cluff Lake Project – Moose Lake Drill targets and geological interpretation Two areas (Moose Lake and Douglas River) proposed for drill testing in 2024 Three drill targets defined ~15km north-east of Cluff Lake Mine – Moose Lake area Basement-hosted
Slide 15: Hook Lake Uranium Project
92 U 80% OWNERSHIP HOOK LAKE URANIUM PROJECT High-grade surface uranium mineralisation at S-Zone prospect Surface sampling from the S-Zone prospect in 2021 returned assays up to 59.2% U3O8, 507g/t Ag, 14.5% Pb and 5.05% 1 TREO Anomalous rock chip results also returned from West Way prospect with
Slide 16: Hook Lake Uranium Project
92 U 80% OWNERSHIP HOOK LAKE URANIUM PROJECT 11 new geophysical targets identified – potential basement-hosted targets. 2022 airborne gravity survey identified gravity lows 1 potentially caused by hydrothermal alteration associated with uranium mineralisation2 11 new targets highlighted by: 1 •
Slide 17: Surprise Creek Uranium Project
92 29 U Cu 100% OWNERSHIP 1 SURPRISE 1 2 CREEK URANIUM 2 PROJECT Surprise Creek Project – Project location and historical drill results (U and Cu) 1 Refer to VAL:ASX announcement dated 6th July 2022 titled “Surprise Creek Project historical data review highlights high-grade uranium and copper target
Slide 18: Surprise Creek Uranium Project
92 29 U Cu 100% OWNERSHIP SURPRISE CREEK URANIUM PROJECT 17 contiguous claims covering 197km2 near the Beaverlodge Uranium District. Located ~30km WNW of the Beaverlodge Uranium District, host to the historical Gunnar and Eldorado (Ace-Fay-Verna) uranium mines, plus many others Uranium deposits
Slide 19: Surprise Creek Uranium Project
92 29 U Cu 100% OWNERSHIP SURPRISE CREEK URANIUM PROJECT Surprise Creek Fault (SCF) – no drilling since 1968 Historical drilling (1968) returned 2.1m @ 4.37% U3O8 from 57m 1 (VT20) including 0.9m @ 7.5% U3O8 Other significant historical results include 1.5m @ 0.1% U3O8 (VT13), 1 0.43m @ 0.49% U3
Slide 20: Beatty River HRE/Uranium Project
92 U 100% OWNERSHIP BEATTY RIVER HRE/ URANIUM PROJECT Historical Heavy Rare Earth Prospect Significant strategic addition to our portfolio: trenching and surface sampling by previous explorers reported Located approximately 25km southwest of the Cluff Lake Project 1 assays up to 8.75% TREO with
Slide 21: Lithium Projects North-West Ontario, Canada
3 Li LITHIUM PROJECTS NORTH-WEST ONTARIO, CANADA Thunderbird entered into exclusive option agreements to acquire 100% of three lithium projects in North-Western Ontario, Canada 21
Slide 22: Highly Prospective Lithium Projects
3 Li HIGHLY PROSPECTIVE LITHIUM PROJECTS Exclusive option agreements across the following three lithium projects that provide potential to significantly expand the company's new energy metals portfolio in North America. FRAZER LAKE High-grade rock chip and channel samples within a recently discovere
Slide 23: Frazer Lake Project
3 Li OPTION TO ACQUIRE 100% FRAZER LAKE PROJECT Initial discovery of spodumene was made in August 2023, with rock chip samples returning grades of up to 7.25% Li2O. Covers an area of area of 83km2 located within NW Ontario, Canada RECENT CHANNEL SAMPLING HAS RETURNED: 44m at 0.54% Li2O Including:
Slide 24: Jesaulenko Project
3 Li 100% OWNERSHIP JESAULENKO PROJECT The Jesaulenko Project comprises 46km2 of contiguous tenure. The Jesaulenko Lithium Project is located 25km east of the Frazer Lake Lithium Project Area is underlain by Archaean metasediments which have been intruded by muscovite-bearing granites which are
Slide 25: Morrison River Project
3 Li OPTION TO ACQUIRE 100% MORRISON RIVER PROJECT Morrison River Lithium project, covering an area of 55km2 located within Ontario, Canada. Mapping by Ontario Geological Survey defined five white pegmatite dykes within the greenstone belt. Pegmatite dykes trend in northwest-southeast direction
Slide 26: Copper in Peru: Elephant Country
29 Cu COPPER IN PERU ELEPHANT COUNTRY 5,000m drilling program underway at Picha Mine under construction within 10km of Picha 26
Slide 27: Copper: Picha and Charaque Projects
29 Cu 40% OWNERSHIP COPPER Upside for shareholders – projects operated by Firetail Resources and Barrick Gold PICHA PROJECT – FIRETAIL RESOURCES (60%) Retain 20% free carried interest through to completion of PFS Up to 35m shares of Firetail Resources (ASX:FTL), 15m has been issued and 20m throu
Slide 28: In Summary: The Thunderbird Proposition
92 3 29 U Li Cu IN SUMMARY THE THUNDERBIRD PROPOSITION Key uranium targets set to be drilled in the next 12 months Drill targets identified over four Uranium Projects in Canada 1 Surprise Creek, last drilling in 1968 has 2.1m @ 4.5% U3O8 from 57m Athabasca Basin hosts the highest-grade Uranium mines
Slide 29: Get Connected With Us
GET CONNECTED WITH US www.thunderbirdresources.com THUNDERBIRD RESOURCES GEORGE BAUK MEDIA ENQUIRES LIMITED T: +61 (0)408 931 746 READ CORPORATE Level 3, 1138 Hay Street E:george@thunderbirdresources.com NICHOLAS READ West Perth WA 6005 T: +61 (0)419 929 046 PO Box 300 West Perth WA 6872 (Formerly V
Slide 30: Appendices
92 3 29 U Li Cu APPENDICES
Slide 31: Hidden Bay Uranium Project
92 U HIDDEN BAY URANIUM PROJECT 100% OWNERSHIP TIGHTLY HELD LANDHOLDING IN HIGHLY PROSPECTIVE EASTERN ATHABASCA MARGIN 31
Slide 32: Cluff Lake Uranium Project
92 U CLUFF LAKE URANIUM PROJECT 100% OWNERSHIP WESTERN ATHABASCA IS EMERGING AS THE NEW DISCOVERY DISTRICT IN THE BASIN. 32
Slide 33: Surprise Creek Uranium / Copper Project
92 29 U Cu SURPRISE CREEK URANIUM / COPPER PROJECT 100% OWNERSHIP SIGNIFICANT HISTORICAL PRODUCTION UP TO 1980S, BUT LIMITED EXPLORATION SINCE THAT TIME 33
Slide 34: Hook Lake Uranium Project
92 U HOOK LAKE URANIUM PROJECT 80% OWNERSHIP HIGHLY ACTIVE EXPLORATION REGION IN THE EASTERN ATHABASCA WITH EXCITING NEW DISCOVERIES 34
Slide 35: Resource Reference Referred to in Slides 8,9,10,13,17,18,19
RESOURCE REFERENCE REFERRED TO IN SLIDES 8,9,10,13, 17, 18, 19 Lbs Grade Cut-off Deposit Owner Status Category Tonnes Source U3O8 (% U3O8) (% U3O8) - Saskatchewan Mining Association – Uranium in Saskatchewan – CLUFF LAKE Orano Past-Production - 62,500,000 0.92 - Fact Sheet, 2017 Inferred 1,272,200 2
Slide 36: Resource Reference Referred to in Slides 8,9,10,13,17,18,19
RESOURCE REFERENCE REFERRED TO IN SLIDES 8,9,10,13, 17, 18, 19 Lbs Grade Cut-off Deposit Owner Status Category Tonnes Source U3O8 (% U3O8) (% U3O8) Inferred 186,400 22,900,000 5.58 https://www.cameco.com/businesses/uranium- Indicated 313,300 99,300,000 14.37 operations/canada/cigar-lake/reserves-res
Slide 37: Resource Reference
RESOURCE REFERENCE REFERRED TO IN SLIDES 21, 22, 23 & 24 Tonnes Grade Deposit/Prospect Owner Status Category Intercept Source (Mt) (Li2O) https://www.criticalresources.com.au/our- MAVIS LAKE Critical Resources Exploration Inferred 8.0 1.07 - projects/mavis-lake-lithium-project/ ROOT BAY PROJECT Gree