Surefire Resources Nl · ASX:SRN
Surefire Resources Nl — Investor Presentation (January 2025)
21 slides from Surefire Resources Nl's investor presentation, January 2025
Slide 1: Corporate Presentation
ASX:SRN | FSE:GBL CORPORATE PRESENTATION surefireresources.com.au January 2025 1 SRN: Corporatebrief 2025
Slide 2: Important Statements
Important Statements Forward Looking Statements: This announcement contains ‘forward-looking information’ that is based on the Company’s expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements
Slide 3: Investment highlights
Investment highlights 1. Exploration assets all in Mid-West WA close to existing infrastructure Flagship vanadium, titanium, iron project – Feasibility stage, NPV US$1.1b, 42% IRR Emerging Gold deposit, good metallurgical recovery from leaching, huge upside Emerging copper project; VHMS target
Slide 4: Experienced Team
Experienced Team Board of Directors Managing Director Vladimir (Roger) Nikolaenko - Executive Chair • 40+ years´ experience in growing public companies from exploration to operation Michael Povey - Non-Executive Director • 40+ years´ worldwide experience in the resource sector from mine management t
Slide 5: Corporate Snapshot (as at 16012025)
Corporate Snapshot (as at 16012025) Capital Structure Shareholdings Fully paid ordinary shares 2,416,307,813 Board Unlisted Partly paid @ $0.027 188,785,323 27.2 % Unlisted Partly paid @ $0.0079 350,000,000 Unlisted Partly paid @ $0.0059 70,000,000 Top 20 40% Current share price (AUD) $0.004 Other $
Slide 6: Surefire Projects Summary
SUREFIRE PROJECTS SUMMARY HIGH VALUE PROJECTS: 100% Owned VICTORY BORE CRITICAL MINERALS PROJECT : FLAGSHIP PROJECT Over 20km of outcropping mineralisation JORC 464Mt 1 @ >0.4% V2O5 (concentrate grade of 1.43% V2O5) ORE Reserve 93Mt PFS Completed : NPV $1.7B AUD, 42% IRR Environmental and heritage c
Slide 7: Victory Bore
Victory Bore World class Vanadium deposit with over 2 billion pounds of contained V2O5
Slide 8: Victory Bore Resource
VICTORY BORE RESOURCE HIGH VALUE PROJECT 100% Owned JORC RESOURCE Cut-off (% Tonnes Classification: V2 O5 ) (Mt) V2O5 (%) TiO2 (%) Fe (%) Al2O3 (%) SiO2 (%) Measured 0.15 25.3 0.35 4.96 19.20 17.0 34.9 Indicated 0.15 113.2 0.32 4.70 18.19 17.4 35.9 Inferred 0.15 326.1 0.28 5.28 17.41 16.0 36.4 Total
Slide 9: Victory Bore Pre-Feasibility Study Results (December 2023)
VICTORY BORE PRE-FEASIBILITY STUDY RESULTS (December 2023) PRODUCTS PROJECT PARAMETER U NIT AMOUNT • 2,580 t/a High purity vanadium SUREFIRERESOURCES.COM.AU Pre-tax NPV at a 10% discount rate USD $M $1,110 Pre-tax NPV at a 10% discount rate AUD $M $1,708 • 5,760 t/a of Ferrovanadium Pre-tax Internal
Slide 10: Development Plan
Development Plan 1. ON-SHORE AUSTRALIA MAGNETITE PRODUCTION. OFF-SHORE PROCESSING IN SAUDI ARABIA 2. CONCENTRATE SHIPPED TO SAUDI ARABIA FOR DOWNSTREAM MINERAL PROCESSING INTO HIGH VALUE PRODUCTS. • The KSA is a significant user of vanadium, Titanium and Iron products, and an emerging major steel se
Slide 11: Yidby
Yidby Gold discovery
Slide 12: Yidby Gold and Copper Project
YIDBY GOLD and Copper PROJECT Exploration tenure of 114km2 in Major Gold mine district - the Yalgoo-Singleton Greenstone Belt 400km Major gold projects in the area: • Mt Gibson 2.75Moz (Capricorn Metals) 30km to South • Rothsay 507koz (Silver Lake) 30km to North • Golden Dragon 1.1Moz (Minjar) • Kir
Slide 13: Yidby Gold Discovery – Gold results
Yidby Gold Discovery – Gold results 1 Outstanding exploration and drilling results, thick intercepts and good grades open in all directions Interval Au From Interval Au From Hole Hole (m) (g/t) (m) (m) (g/t) (m) YBRC005 25 1.42 36 YBRC024 19 1.38 14 YBRC006 38 1.43 32 YBRC026 19 1.21 159 YBRC007 56
Slide 14: Yidby Gold X-Sections
Yidby Gold X-Sections Ninghan Yalgoo Road Natural Surface “Transported Overburden Transported Overburden 8m @ 0.31g/t Au Saprolite Transitional si 16m @ 0.3ig/t Au 5 mad 32m @ 0.25g/t Au Saprolite Transitional Tim @ 0.44g/t Au 12m @ 0.28g/t Au 45m @ 0.93g/t Au Fresh Rock Flat Lying Fault ve pst) 36m
Slide 15: Yidby Copper
Yidby Copper 1 • Soil samping programme completed, highly anomalous results. • First pas sdrilling programe over Geochem targets completed; results awaited
Slide 16: Perenjori
Perenjori World Class, Premium-grade magnetite.
Slide 17: Perenjori Project – Premium-grade iron
Perenjori Project – Premium-grade, iron One of the largest magnetite resources in the Mid-West mining district - 200km from Geraldton Port, 15Km from railway • Exceptional High Grade of 37% Fe3O4 in Banded Iron Formation (BIF) • Produces a premium 67 – 70% Fe3O4 concentrate will attract a premium pr
Slide 18: Advantageous Metallurgy
Advantageous Metallurgy1 Faction2 Fe % SiO2 % Al2O3 % P% S% Mass Recovery % Head 37.32 40.93 1.01 BD 0.22 100.0 106µm 64.57 9.10 0.06 BD 38.9 75µm 67.95 4.96 0.03 BD 36.0 45µm 69.62 2.38 0.02 0.004 0.34 34.6 Grind size of 45µm produces an ultra high grade iron concentrate A 75µm grind produces a pre
Slide 19: Next Steps
Next Steps Environmental survey completed and under review Next phase of drilling planned to bring up to 1Bt mid-end 2023 Offtake discussions commenced
Slide 20: Key Investment Points
Key Investment Points 3 SIGNIFICNAT PROJECTS OPPORTUNITY - Projects value not reflected in share price Developing one of Australia's largest Vanadium deposits * High Grade > 3B pounds of contained vanadium * Huge resource > 1Bt * Huge Magnetite resource ¢ Large new Gold discovery and Copper targets
Slide 21: Thank You
ASX:SRN | FSE:GBL THANK YOU surefireresources.com.au 21
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