Firebird Metals Ltd. · ASX:FRB
Firebird Metals — Investor Presentation (October 2021)
21 slides from Firebird Metals's investor presentation, Oct 19, 2021
Slide 1: Building the Next WA Manganese Operation
BUILDING THE NEXT WA MANGANESE OPERATION INVESTOR PRESENTATION – OCTOBER 2021
Slide 2: Disclaimer and Competent Persons Statement
COMPETENT PERSONS STATEMENT DISCLAIMER The information in this Report that relates to Mineral Resources of the Company is based on, and This presentation contains summary information about Firebird Metals Limited (Firebird) (ABN 24 610 035 fairly represents, information and supporting documentation
Slide 3: Emerging WA Manganese Developer
EMERGING WA MANGANESE DEVELOPER Focused on rapid development of the flagship Oakover Project (“Oakover”) Oakover contains an existing JORC 2012 Inferred Resource of 64Mt at 10% Mn*, with significant exploration and growth upside Clear speed-to-market strategy, targeting initial production through DS
Slide 4: Oakover Rapid Development Program
OAKOVER RAPID DEVELOPMENT PROGRAM Evaluate low capital, fast start up potential of Oakover Core workstreams progressing as planned: Completion of RC Drill program 233 holes for ~ 10,000m, assays pending Combination of infill and extensional RC drilling Program developed to improve and grow existing
Slide 5: Corporate Overview
CORPORATE OVERVIEW EVAN CRANSTON PETER ALLEN WEI LI ASHLEY PATTISON Chairperson Managing Director Finance Director Non-executive Director Mr Li is a Chartered Accountant with Mr Pattison has over 20 years’ experience Mr Cranston is an experienced mining Mr Allen is a mining executive with more exten
Slide 6: Project Portfolio
Project Portfolio FIREBIRD METALS 5
Slide 7: Flagship Oakover Project
FLAGSHIP OAKOVER PROJECT Located in premier mining jurisdiction Well known manganese area 85km East of Newman Near surface / shallow order body COMPLETED WORK CSA Global technical review completed and highlighted: Resource open laterally in all directions Numerous additional regional targets identif
Slide 8: Oakover - RC Drill Program Complete
OAKOVER - RC Drill Program Complete FIREBIRD METALS 12 7
Slide 9: Oakover - Diamond Core
OAKOVER - Diamond Core Sixty Sixer Jay eye Karen 9 previously un-tested diamond OKDM002 - 29.3m @ 10.1% OKDM009 - 20m @ 13.2% OKDM006 - 32.4m @ 12.8% Mn from 16m including Mn from 5m including Mn from surface including core, drilled by Brumby Resources in • 13m @ 13.2% Mn • 1m @ 20.5% Mn • 14.4m @ 1
Slide 10: Oakover - Diamond Core Metallurgical Test Work / Ore Sorting
OAKOVER - Diamond Core Metallurgical Test Work / Ore Sorting • Successful early-stage Ore Sorting test work completed by STEINERT • Test work involved scanning of hand-selected ore and waste samples supplied from diamond core including: • Samples from massive manganese zones • Combination of mangane
Slide 11: Oakover – Continued Execution of Strategy
OAKOVER RAPID DEVELOPEMNT OAKOVER – Continued Execution of Strategy PROGRAM SCORE CARD CSA technical review Complete Heritage surveys Complete ~10,000m RC drilling program Complete Down hole geophysics Complete Diamond core – recovered, logged, Complete assayed Initial ore sorting test work Complete
Slide 12: Other Projects
OTHER PROJECTS HILL 616 DISRAELI RAGGED HILLS Located 85km southeast of Newman Successful direct licence application Previous exploration suggests Manganese in this area seams or bands of varying thickness3,727m of 15 of 19 rock chip samples above 40% Mn, with majority is responsive to geophysics te
Slide 13: Manganese Markets
Manganese Markets FIREBIRD METALS 12
Slide 14: Growing Thematic & Strategic Advantage
GROWING THEMATIC & STRATEGIC ADVANTAGE Systematic shift in global manganese markets over past decade Declining number of high quality, global manganese deposits Chinese domestic ore production declining, combined with lower production grade South Africa, the largest exporter of Manganese globally, c
Slide 15: Manganese Market >90% Used in Steel
MANGANESE MARKET >90 % USED IN STEEL Electrolytic High Carbon Manganese Metal Ferromanganese (EMM) (HCFeMn) Electrolytic Refined Manganese Ferromanganese Mn Ore Dioxide (EMD) (Ref MLC FeMn ) Manganese Silicomanganese Sulphate (SiMn) 2nd LARGEST CONSUMPTION IS IN BATTERIES FIREBIRD METALS 14
Slide 16: Manganese Seaborne Trade
MANGANESE SEABORNE TRADE Trade flow for manganese ore, 2020e (Mt gross weight) Source: Roskill & UN Comtrade FIREBIRD METALS 15
Slide 17: Manganese Market – Batteries
MANGANESE MARKET – Batteries “Manganese consumption in lithium-ion batteries is Manganese used in the form of Electrolytic Manganese expected to skyrocket in the Dioxide (EMD) or High-Purity Manganese Sulphate coming 10 years, (HPMS) because of the enormous rise Importance of Manganese in Li-ion bat
Slide 18: Manganese Market – Li-Ion Batteries
MANGANESE MARKET – Li-Ion Batteries - Understanding The Manganese Potential NMC (Nickel, Manganese & Cobalt) is the dominant EV Li-ion battery cathode chemistry today …...and will continue to be so for at least the next two decades Manganese accounts for only 1-2% of the cost of cathode materials $
Slide 19: Looking Ahead
LOOKING AHEAD FIREBIRD METALS 18
Slide 20: Building a Future Manganese Producer
BUILDING A FUTURE MANGANESE PRODUCER Exciting project portfolio led by advanced, flagship Oakover Project with JORC 2012 Inferred Resource of 64Mt at 10% Mn* Clear speed-to-market strategy, targeting production and cash generation within 18 months Excellent progression of Rapid Development Program t
Slide 21: Contact
CONTACT Peter Allen e-mail: admin@firebirdmetals.com.au
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