Superior Resources Limited · ASX:SPQ
Superior Resources — Resources Convention 2014
34 slides from Superior Resources's conference presentation, 2014
Slide 1: Superior Resources Limited
( (e} ) Superior Resources Limited Superior Resources Enmited Mita =201.4— ==—Resanices"Convention——_— ene aa 29 — 30 Octelser 2010 — - ee ee ee a — ————
Slide 2: Limitations & JORC
Limitations & JORC This presentation has been prepared by the management of Superior Resources Limited (the Company) for the benefit of brokers, analysts and investors and not as specific advice to any particular party or persons. The information is based on publicly available information, internall
Slide 3: Corporate Snapshot
Corporate Snapshot • ASX listed junior • Lead/Zinc – Copper – Gold • First-Tier calibre exploration projects • NW Qld projects – commanding position in Lead/Zinc exploration terrane • Greenvale Copper • Tick Hill gold project • 5 “company-making” projects in Queensland • Potential opportunity for ea
Slide 4: Corporate Summary
Corporate Summary ASX CODE: SPQ Share Structure Ordinary shares 176.9 million Options (listed/unlisted) Nil Market cap. 1.8 million Cash and listed assets A$350,000 7,000,000 DYL Shares A$100,000 Debt Nil Shareholders 494 Total top 20 holders: 68.29%
Slide 5: Board & Management
Board & Management • Carlos Fernicola – Chairman – Over 30 years in accounting, taxation audit financial services industry, Chartered Company Secretary • Peter Hwang – Managing Director – 14 years in resources and corporate law, 6 years in mineral exploration • Ken Harvey – Exploration Director – 42
Slide 6: Corporate Strategy
Corporate Strategy • Objectives: • Identify commodities with potential for sustained future growth • Position SPQ to hold first mover advantage • Identify funding opportunities and strategic shareholder support • Grow share price → grow market cap • Identify new project opportunities • How: • Commod
Slide 7: Immediate Focus
Immediate Focus • Lead / Zinc – NW Qld Projects – the next Mt Isa • First Tier company projects – Large targets – Mt Isa-Style deposits – 100% owned • Lead – Zinc – Copper – Silver • Relatively unexplored • JVs with quality partners compatible with SPQ’s corporate and project objectives • Copper – G
Slide 8: Immediate Focus
Immediate Focus • Tick Hill Gold Project • Expedite access and regulatory compliance • Potential for early-stage cash flow • Clear company-maker exploration target
Slide 9: Projects
Projects Darwin Greenvale NWQ Base Metals Townsville Tick Hill Brisbane Perth Sydney Adelaide 0 1000km Melbourne
Slide 10: Northwest Queensland
Northwest Queensland Northwest Queensland Lead – Zinc – Copper Projects
Slide 11: NWQ – Base Metal Prospects
Superior Resources Limited NWQ - Base Metal Prospects 138° Err ,, Walford Creek (Pb,Zn,A 140° E Lives 18203 4 Nicholson Project: <3) Bluebush (Pb,Zn,Ag) Century (Pb,Zn,Ag) os) Grevillea (Pb,Zn,Ag) 8) ' 16028 [iL Victor Project = . 25264 19097 18840 N 3 19214 i (Ph 7, 7» Lady Loretta (Pb,Zn,Ag) Camoo
Slide 12: Leakage Into Cambrian
Superior Resources Limited Leakage Into Cambrian Cu Pb, Zn Pb, Zn LN Cambrian SA Leakage ~~) a 550 Ma ca on 38 i Proterozoic / ee) LEGEND HE Copper ore Silver-lead-zinc ore Silica - dolomite Shale and siltstone Greenstone || Carbonaceous mylonite 0 200m —
Slide 13: Simplified Exploration Model
Targeting Mount Isa Copper Simplified Exploration Model Copper Source – Basic Volcanics – Anomalous in airborne Magnetics Productive Hosts – Fine grained carbonaceous dolomitic sediments – Anomalous in airborne Electromagnetics if carbon occurs as graphite or sediments are pyritic Leakage – Mo
Slide 14: Mount Isa to Century - Mag (RTP) and Gravity
Mount Isa to Century - Mag (RTP) and Gravity Major Structure Major Structure Magnetics and Gravity Magnetics and Gravity MI2 Magnetic Anomaly Basalts? – Copper Source Magnetic Anomaly Eastern Creek Volcanics Basalts – Copper Source Mount Isa – within sediments adjacent or over Basalts
Slide 15: Mount Isa to Century - Lead and Zinc
Mount Isa to Century - Lead and Zinc Major Lead Anomaly MI2 in Cambrian Major Lead Anomaly Mount Isa
Slide 16: Tomahawk Creek Mag (RTP)
Tomahawk Creek Mag (RTP) Soil Lead Anomalies
Slide 17: Zinc trends
Superior Resources Limited Zinc trends 260074 ‘| i Hl 4| | roo} nl fi | i A yA IN a 20004 | | | , \yfri J Miq 1 \y | sal ra 1800-44 { i | wi ‘ Wy WM wi Price 1600 29 Jun 2010 26 Oct 2011 21 Feb 2013 20 Jun 2014 Planned Mine Closures 2013 2014 2015 2016 = #1 i 143
Slide 18: Northwest Queensland
Northwest Queensland Superior has identified very significant potential for a new Mount Isa type deposit in the area 170km northwest of Mount Isa. Five advanced prospects with potential for large Mount Isa style copper and lead-zinc-silver deposits. Four high priority drill targets defined.
Slide 19: Greenvale Project
Greenvale Project Greenvale Project Copper – Zinc
Slide 20: Greenvale Project
Superior Resources Limited Mount Garnet 18S + Riesling Ls) 7s EPM19247 ) Cassidy Creek Ejinasleigh (Cu) EPM18987 Cockie Creek aoma (Cu,Pb,Z! Wyandotte Kidston (Au) @) Halls Reward t-199S iLO Greenvale Greefrvale (Ni) Bottletree The Big Mag @ nae epmAzs6sg - Wandoite Dinner Creek 144° E 145° E 25 LEG
Slide 21: Greenvale Project Targets
Greenvale Project Targets Volcanogenic massive sulphide (VMS) deposits, disseminated copper deposits and Broken Hill type deposits. One Mile Large massive and semi-massive sulphide body – subeconomic Five surrounding quality geophysical and other targets to be drilled Cockie Creek Inferred resource
Slide 22: Greenvale Project
Superior Resources Limited Greenvale Project EPM8987_ andétte Baty EPMA25604| CBekie Creek: a ‘One Mile. —” "Gs Radiometrics (RGB) —__—_—_——
Slide 23: Cockie Creek Project
Superior Resources Limited Cockie Creek Project r P4 0% 51m Him @ 0.44% Cu = Cockie Creek Modelled Chargeabilities JJ poo oy Section 1700N Copper Intersections 128 - 142in 0.24% Gu ective Modelling Limit 0 50 100m
Slide 24: One Mile Project
Superior Resources Limited One Mile Project VTEM Line 1710
Slide 25: Tick Hill Project
Tick Hill Project Tick Hill Project High-Grade Gold Potential early cash flow
Slide 26: Tick Hill Gold Project Summary
Tick Hill Gold Project Summary • 110km SE Mount Isa • Three granted mining leases (renewed for 10 years) • Diatreme Resources Limited is purchasing the leases from Glencore • SPQ farming in ($750k expenditure for 50% equity) • SPQ rights and access subject to transfer of MLs to DRX • Tick Hill Gold
Slide 27: Tick Hill Gold Project
Tick Hill Gold Project Tick Hill Gold Mine (circa 1993) looking easterly
Slide 28: Tick Hill Open Pit – North End
Tick Hill Open Pit – North End Decline Portal (Capped) Footwall Quartzite Biotite-Scapolite Schist Calc-Silicates
Slide 29: Tick Hill Gold Project
Tick Hill Gold Project Tick Hill Ore (Laminite or Galahstone) Gold band Gold band
Slide 30: Gold Mineralisation
Tick Hill Gold Project Gold Mineralisation • Very good continuity • Abruptly terminates at depth (fault) • Faulted extension likely to be similar grade and width Fault
Slide 31: Pit and Underground View
Tick Hill Gold Project Pit and Underground View • 3D View looking grid east - down at -40° • Open pit (70m deep) • Decline from pit ramp • Underground stope • Lode shows a fault truncation on southern end at depth • Lode curved along fault to west • Other targets include: other subsurface targets ol
Slide 32: Development Opportunity
Tick Hill Gold Project Development Opportunity 1. Old mine tailings - (immediate opportunity) 2. Adjacent alluvial deposits - (immediate opportunity) 3. Mine rock dumps - (immediate opportunity) 4. Potential residual underground ore 5. 500,000oz exploration target Immediate Opportunity: • Old mine t
Slide 33: Exploration Opportunity
Tick Hill Gold Project Exploration Opportunity High grade historic gold production 513,333 ounces of gold at a recovered grade of 22.6 g/t gold At $1350/ounce worth A$693 million If found today, a similar ore body could generate $A389 million net cash Granted Mining Leases with previous mi
Slide 34: Superior – Well positioned for growth
Summary Superior – Well positioned for growth • Leveraged and tuned to the market: • Zinc – a key commodity with potential for sustained future growth • First mover advantage in an active Zinc market • Commodities: Zinc – Gold – Copper • Funding opportunities: • Tick Hill early cash flow opportuniti