Slide 1: Seeking Major Mineral Discoveries in Australia
Seeking Major Mineral Discoveries in Australia First Development Resources Information Presentation August 2024 1
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) has been prepared by First Development Resources Limited (“FDR” or the “Company”) in conjunction with Power Metal Resources plc (“Power Metal”) and is provided solely for information purposes. By viewing or attending this Presentation, you agree to be bo
Slide 3: Corporate Overview
Corporate Overview • First Development Resources Plc (“FDR”) is an exploration Goldman Sachs expects ongoing global uncertainty to lead gold and development company with interests in Western prices to remain at elevated levels for some time1. In response, S&P Australia and Australia’s Northern Terri
Slide 4: Management Team & Board
Management Team & Board Michael Moore Tristan Pottas Ben Hodges Independent Non-executive Chairman Chief Executive Officer, Executive Director Finance Director Mr Moore is a Mining Engineer from the Camborne Mr Pottas has over 15 years industry experience in the Mr Hodges is a Fellow of CPA Australi
Slide 5: Why Australia?
Why Australia? • The Australian continent hosts many mineral commodities in a range of mineral deposit styles • Australia is a top tier jurisdiction for mining investment; with Western Australia (#2), Northern Territory (#6) and South Australia (#9) all placing in the top 10 locations in the Fraser
Slide 6: Western Australia
Western Australia Wallal Project Access – Kidman Track, Paterson Province, Western Australia 6
Slide 7: Western Australia – Property package overview
Western Australia Property package overview Paterson Province Under-explored with significant exploration potential • The Western Australian Paterson Province is widely regarded as one of the most prospective regions in Australia for the discovery of world-class gold-copper deposits and is home to s
Slide 8: Western Australia – Wallal Project property overview
Western Australia Property package overview Wallal Project Targeting significant mineralisation within a highly prospective Great Northern H ighway Au-Cu belt • 100% owned - Large land package covering 572km2 within the prolific Paterson Province Nyangumarta Highway (Kidson Track) Wallal • Desktop s
Slide 9: Wallal Project
Wallal Project Ready to drill • Wallal is located approximately 240km east of Port Hedland and accessed via the Great Northern Highway and various well-formed internal access roads • Three highly prospective magnetic bullseye targets identified within the Wallal Embayment from Government open-file a
Slide 10: Ripon Hills & Braeside West
Ripon Hills & Braeside West Multiple targets identified for further investigation • Located close to each other in the eastern Pilbara region of Western Australia in the same region as the world-class Woodie Woodie manganese mine and next to recent gold-silver and base metal discoveries by Rumble Re
Slide 11: Northern Territory
Northern Territory Selta Project, Aileron Province, Northern Territory, Australia 11
Slide 12: Northern Territory – Selta Project property overview
Northern Territory Property package overview Selta Project Highly prospective for uranium and Rare-earth elements • The Northern Territory has a long history of uranium mining and hosts some of Australia’s best known and high-grade uranium and Rare-earth element (“REE”) deposits, including Arafura R
Slide 13: Selta Project
Selta Project Considered a major exploration target for base-metals, REE and orogenic gold • Selta is located within the prospective but largely under- explored central Aileron Province in a region the Northern Territory Government has declared prospective for uranium mineralisation Selta • Selta is
Slide 14: Selta Project
Selta Project Multiple targets identified for further investigation • FDR has completed an in-depth review of all publicly available geological, geophysical and geochemical data associated with the Selta Project • The review has identified the potential for multiple target minerals, including REE’s
Slide 15: Project development milestones
Project development milestones 24 month indicative work programme (Post listing) Notes. Additional exploration expenditure post 18 months will be results dependent 15
Slide 16: Contact
Contact First Development Resources UK Ltd SI Capital 201 Temple Chambers 46 Bridge Street 3-7 Temple Avenue Godalming London Surrey EC4Y 0DT GU7 1HL United Kingdom United Kingdom +44 20 7583 8304 +44 (0) 1483 413 500 info@firstdevelopmentresources.com info@sicapital.co.uk 16
Slide 17: References
References 1. https://www.kitco.com/news/2022-06-29/Goldman-Sachs-raises-its-gold-price-forecast.html 2. https://www.bnamericas.com/en/news/major-miners-seen-driving-exploration-budgets-in-2022 3. https://www.mining-technology.com/analysis/copper-supply-chain- fragmentation/#:~:text=There%20is%20now