Sheffield Resources Limited · ASX:SFX
Sheffield Resources — Investor Presentation (February 2013)
23 slides from Sheffield Resources's investor presentation, Feb 11, 2013
Slide 1: Sheffield Resources Ltd Investor Update
For personal use only Sheffield Resources Ltd Investor Update 11 February 2013 ASX:SFX | www.sheffieldresources.com.au
Slide 2: Disclaimer
Disclaimer For personal use only COMPETENT PERSONS’ STATEMENT – EXPLORATION RESULTS The information in this presentation that relates to exploration results is based on information compiled by David Archer and David Boyd. Both Mr Archer and Mr Boyd are full time employees of the Company and are Memb
Slide 3: Company Snapshot
Company Snapshot For personal use only Capital Structure Board & Management Share price $0.515 Will Burbury Executive Chairman Shares on issue 99.0m Bruce McQuitty Managing Director Options (Ave. Ex Price ~25.3c) 27.7m David Archer Technical Director Market Cap (Undiluted) $51.0m David Boyd Explorat
Slide 4: Investment Summary
Investment Summary For personal use only Project Dampier – Heavy Mineral Sands (HMS) Locations • Flagship project • Thunderbird – globally significant discovery: 517Mt @ 10.1% HM High Grade Zone1,2 (open) Dampier – HMS • Canning Basin – new minerals sands province • Thunderbird Total Resource 1.37Bt
Slide 5: Globally Significant Mineral Sands Resource Inventory
Globally Significant Mineral Sands Resource Inventory For personal use only Total Valuable Heavy Mineral (VHM) in Resources (Mt) 250 200 150 100 50 0 1 Kenmare Iluka Sheffield WTR MDL Sierra Diatreme Gunson Image Base MZI Rutile (Kwale) Thunderbird discovery has boosted Sheffield ‘s resource invento
Slide 6: Thunderbird HMS Discovery
Thunderbird HMS Discovery For personal use only Maiden Mineral Resource December 2012 • 1.37Bt @ 6.1% HM (Indicated & Inferred)1 • Heavy Mineral assemblage: 6.9% zircon, 1.6% rutile, 4.3% leucoxene, 29% ilmenite High Grade Zone • Coherent High Grade Zone (at 7.5% HM cut-off) of 517Mt @ 10.1% HM, (In
Slide 7: Thunderbird HMS Discovery
Thunderbird HMS Discovery For personal use only Thunderbird has scale, high grade & favourable geometry: • Strike potential of 15 km (only 8km drilled), width 4km • Thickness up to 52m, average 38m • Mineralisation shows excellent continuity • Mineralisation outcrops, dipping shallowly to southwest
Slide 8: Thunderbird – a Globally Significant Deposit
Thunderbird – a Globally Significant Deposit For personal use only • Amongst the highest in situ Zircon and TiO2 mineral grades • One of the largest deposits in terms of contained valuable heavy mineral • Yet to be closed off by drilling In Situ TiO2 Mineral Grade (Rut+Lux+Ilm) % Toliara (WTR) Bubbl
Slide 9: Dampier HMS - Infrastructure
Dampier HMS - Infrastructure For personal use only Infrastructure Advantages: • Located on Crown Land (pastoral lease) • 30km north of sealed Broome-Derby Highway • ~140km by road to either Derby or Broome ports • Abundant fresh groundwater suitable for processing • Close to recently discovered Yull
Slide 10: Thunderbird – Next Steps
Thunderbird – Next Steps For personal use only Bulk Sample Metallurgical Testwork Underway • 6 tonne bulk sample collected from Sheffield’s composited drill samples - shipped to RJ Robbins laboratory, Brisbane • Initial testwork to determine recovery, product quality and preliminary process design •
Slide 11: Dampier HMS – Exploration Upside
Dampier HMS – Exploration Upside For personal use only Zircon Tail Cleaner stage gravity separation of HM on bulk sample from Argo Prospect the Argo prospect. Source: Rio Tinto Exploration Pty Ltd open file report. • 12km west of Thunderbird • High priority drilling target with established mineralis
Slide 12: Canning Basin - New HMS Province
Canning Basin - New HMS Province For personal use only • Canning Basin is a new HMS Province • Previously under-explored region • Sheffield an early mover with over 4,000 km² of tenure • Two large projects: Dampier and Canning South • Canning South recently pegged – tenements are still under applica
Slide 13: Red Bull Nickel
Red Bull Nickel For personal use only • Red Bull Project comprises two granted exploration licences with a combined area of 525km2 • Recent Kitchener Project application expands Sheffield’s footprint • Red Bull is within 20km of Sirius Resources NL’s (ASX:SIR) Nova discovery, within similar prospect
Slide 14: Red Bull Nickel VTEM Survey
Red Bull Nickel VTEM Survey For personal use only • VTEM survey flown in November 2012 • Target area 144sq km, mostly under shallow transported cover • 4 high order EM anomalies identified in southern survey area, of which 3 have coincident magnetic anomalies • Over 10 second order EM anomalies iden
Slide 15: Red Bull Nickel - Fixed Loop EM Results
Red Bull Nickel - Fixed Loop EM Results For personal use only Anomaly RB_VA1 Fixed Loop EM (FLTEM) Survey • Targeted 3 High Order EM Anomalies (RB_VA1-3) in southern survey area • Defined strong bedrock conductors (~5,000-10,000S) consistent with targeted massive sulphide bodies (e.g. FLTEM Ch 30 No
Slide 16: Red Bull Nickel - Other Targets
Red Bull Nickel - Other Targets For personal use only Targets from historic data review • 8km long anomalous Ni-Cu trend identified from historical aircore drilling results • Maximum values 0.34% Ni, 670ppm Cu, 320ppm Co • Favourable mafic and ultramafic host rocks and large structures • Disseminate
Slide 17: Delivering Shareholder Value Growth into the Future
Delivering Shareholder Value Growth into the Future For personal use only 2011-12 ASX:SFX | www.sheffieldresources.com.au 17
Slide 18: Summary
Summary For personal use only • A globally significant mineral sands resource base built from organic exploration success • Dampier HMS Project - Thunderbird shaping up as a world class mineral sands deposit • Canning Basin - a new HMS province with more discoveries to be made • Evaluating high orde
Slide 19: For further information please contact
For personal use only For further information please contact: Sheffield Resources Ltd 14 Prowse Street West Perth WA 6005 Ph +61 (8) 6424 8440 www.sheffieldresources.com.au info@sheffieldresources.com.au ASX:SFX | www.sheffieldresources.com.au 19
Slide 20: Appendix: Resource Inventory
Appendix 1 Resource Inventory For personal use only Sheffield’s contained Valuable HM (VHM)* Resource Inventory at 30 Jan 2013 Deposit Resource Category Zircon Rutile Leuc. Ilmenite Total VHM (‘000t) (‘000t) (‘000t) (‘000t) (‘000t) Thunderbird Indicated 1,483 344 924 6,256 9,007 Thunderbird Inferred
Slide 21: Appendix: HMS Mineral Resource Inventory Jan 2013
Appendix 2 HMS Mineral Resource1 Inventory 30 Jan 2013 For personal use only Project Deposit Resource Cut-off Material Bulk HM Slimes Osize In-situ HM Zircon Rutile Leuc. Ilmenite Category (% HM) (Mt)* Density % % % (Mt)* % % % % DAMPIER Thunderbird Indicated 2.0 299 2.1 7.2 19 14 21.5 6.9 1.6 4.3 2
Slide 22: Appendix 3: Eneabba HMS
Appendix 3: Eneabba HMS For personal use only • Established mining district dominated initially by Iluka Resources Ltd and Tronox Ltd • ~140km south of Geraldton port • Sheffield’s Mineral Resources total 250Mt @ 2.3% HM, containing 5.7Mt HM1 (4 deposits) • Good all-round mineral assemblage: 11.1% z
Slide 23: Appendix 4: McCalls HMS
Appendix 4: McCalls HMS For personal use only • Large high TiO2 ilmenite deposit, located 110km north of Perth • Globally significant asset receiving considerable industry attention • Mineral Resource of 4.4Bt @ 1.2% HM, containing 53Mt HM¹ • Lower grade but has scale: • contains over 40Mt of chlori
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