Surefire Resources Nl · ASX:SRN
Surefire Resources Nl — Paydirt Battery Minerals Conference 2023
14 slides from Surefire Resources Nl's conference presentation, Mar 22, 2023
Slide 1: Managing Director Presentation
22 March 2023 MANAGING DIRECTOR PRESENTATION Paydirt Battery Minerals Conference, Perth Australian mineral exploration company Surefire Resources NL (ASX:SRN) (“SRN” or the “Company”) is pleased to attach a presentation which will be made by its Managing Director, Paul Burton, at the Paydirt Battery
Slide 2: The Victory Bore Deposit: A Battery and Critical Minerals Project
THE VICTORY BORE DEPOSIT A BATTERY AND CRITICAL MINERALS PROJECT Paul Burton Managing Director 22 March 2023
Slide 3: Important Information
Important Information * Competent Person Statement * The information in this report that relates to Exploration results is based on information compiled by Mr Marcus Flis who is a Fellow of the Australian Institute of Geoscientists. Mr Flis is an independent Principal Consultant at Rountree Pty Ltd.
Slide 4: Corporate Summary
Corporate Summary Capital Structure Fully paid ordinary shares 1,581,363,477 Unlisted partly paid shares (Subject to Calls $0.027) 188,785,323 Unlisted partly paid shares (Subject to Calls $0.0059) 140,000,000 Share price $0.018 Market Capitalisation $28.5M Board and Management 12.4% Cash $2.8M Debt
Slide 5: Board & Management
Board & Management Paul Burton Vladimir (Roger) Nikolaenko Michael Povey Roger Smith MANAGING DIRECTOR EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Mr Burton is a corporate Mr Nikolaenko has over 40 Mr Povey is a mining engineer Mr Smith is an resource executive and years of comm
Slide 6: Victory Bore Snapshot – size, grade, location
Victory Bore Snapshot – size , grade, location Exceptional resource base Category Tonnes and Grade Measured 16.8 Mt @ 0.42% V2O5 Indicated 70.3 Mt @ 0.40% V2O5 Inferred 147.7 Mt @ 0.38% V2O5 Unaly Hill Inferred 86.2 Mt @ 0.42% V2O5 Project Total 2 321.0 Mt @ 0.39% V2O5 Exploration Target 682 Mt @
Slide 7: World class
World class One of Australia's largest Vanadium and Battery mineral deposits with over 3 billion pounds of contained V2O5 and HPA Aluminium Oxide potential • Located 400km from Geraldton Port • Close to existing infrastructure including gas Key Points: 321Mt 1 @ 0.40% V2O5 • >10KM strike = Significa
Slide 8: > 20Km Strike of contiguous High Grade Vanadium
> 20Km Strike of contiguous High Grade Vanadium 1 Complies with JORC(2012), ASX release 1 February 2023
Slide 9: Current Development at PFS stage
Current Development at PFS stage Resource comprises two thick lodes of vanadiferous magnetite in Gabbro open at depth > 160m and strike of >10km • PFS targeted completion by mid-end 2023 • Metallurgical and other studies progressing • Focus on Extraction of Vanadium from concentrate Victory Bore ano
Slide 10: High Purity Alumina – HPA
High Purity Alumina – HPA • Surefire is evaluating this potential • HPA currently sells for >$20,000 USD / tonne • Lava Blue appointed to commence testwork The predicted new markets for HPA are significant and include 1 : LED replacement lighting CO2 emission separators Semi-conductors Lithi
Slide 11: Focus is Vanadium Batteries – Storage – It's happening!
Focus is Vanadium Batteries – Storage – Its happening! Substantial VRB Storage Battery Market forecast The market is dominated by Vanadium Flow batteries and Lithium-Ion batteries. Expected to be $50-$100 Billion by 2025 Vanadium Flow 30% Other 10% Lithium Ion 60% • Higher energy density • Long life
Slide 12: Next Steps
Next Steps • Completion of PFS – highly positive results expected given price of vanadium and other factors • Assess V2O5 extraction direct for producing VE • Progress with VRB strategy • Offtake discussions commenced • HPA potential test work commenced 11
Slide 13: Investment Key Points
Investment Key Points ¢ Developing one of Australia's largest Vanadium deposits * High Grade > 3B pounds of contained vanadium ¢ Huge resource > 1Bt * Battery grade Vanadium and HPA * 100% owned * 400km from port * Good existing infrastructure including gas Projects value not currently reflected in
Slide 14: Paul Burton, Managing Director, Surefire Resources NL
Paul Burton Managing Director Surefire Resources NL Suite 10, 100 Mill Point Road, South Perth WA 6151 info@surefireresources.com.au www.surefireresources.com.au surefireresources.com.au
Surefire Resources NL — Paydirt Battery Minerals Conference 2023 on 6ix