Surefire Resources Nl · ASX:SRN
Surefire Resources Nl — Investor Presentation (February 2023)
22 slides from Surefire Resources Nl's investor presentation, Feb 28, 2023
Slide 1: Presentation
28 February 2023 PRESENTATION Surefire Resources NL (ASX:SRN) is pleased to attach a presentation which is being made available as part of a marketing campaign to brokers and other interested parties. For all enquiries, please contact Paul Burton on +61 8 6331 6330. Authorised for ASX release by the
Slide 2: Corporate Presentation
Corporate Presentation Paul Burton Managing Director 28 February 2023 surefireresources.com.au
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. Mr
Slide 4: Surefire Summary
Surefire Summary Surefire (SRN) has 3 high value significant projects with commodities in demand and in focus. VICTORY BORE VANADIUM AND BATTERY MINERAL PROJECT 321Mt 1 @ +0.4% V2O5 (concentrate grade of 1.43% V2O5 ) YIDBY GOLD PROJECT New Gold discovery in Gold District 400km from Perth Bonanza
Slide 5: Corporate Summary
Corporate Summary Board of Directors Capital Structure Vladimir Nikolaenko Executive Chairman Fully paid ordinary shares 1,581,363,477 Paul Burton Managing Director Unlisted Partly paid @ $0.027 188,785,323 Michael Povey Non-Executive Director Unlisted Partly paid @ $0.0059 140,000,000 Roger Smith N
Slide 6: 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 7: Victory Bore
Victory Bore World class Vanadium deposit with over 2 billion pounds of contained V2O5 6
Slide 8: Victory Bore – World class Critical and Battery Mineral Vanadium deposit
Victory Bore – World class Critical and Battery Mineral Vanadium deposit One of Australia's largest Vanadium and Battery mineral deposits with over 3 billion pounds of contained V2O5 and HPA Aluminum Oxide potential • Located 400km from Geraldton Port • 30km from Windimurra Vanadium mine and existin
Slide 9: Victory Bore – Current Development at PFS stage
Victory Bore – 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 V
Slide 10: High Purity Alumina – HPA
High Purity Alumina – HPA Surefire is evaluating this potential and is in discussion to commence testwork on its high Al2O3 material with leading research group Lava Blue The predicted new markets for HPA are significant and include 1 : LED replacement lighting CO2 emission separators Semi-con
Slide 11: Focus is on Vanadium Batteries – Storage – Its happening!
Focus is on Vanadium Batteries – Storage – Its happening! Substantial Storage Battery Market 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 • Not combustible • L
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 Offtake discussions commenced Discussion with other significant V producers in progress to explore synergies.. Assess HPA potential 11
Slide 13: Perenjori
Perenjori Premium-grade magnetite. 12
Slide 14: Perenjori – Premium-grade, iron concentrate
Perenjori – Premium-grade, iron concentrate 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% Fe concentrate will attract a premium
Slide 15: Advantageous Metallurgy
Advantageous Metallurgy1 Faction2 Fe % SiO2 % Al2O3 % P% S% Mass Recovery % Head 37.32 40.93 1.01 BD 0.22 100 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 premi
Slide 16: Next Steps
Next Steps Environmental survey completed and under review Next phase of drilling planned to bring up to 1Bt mid 2023 Offtake discussions commenced 15
Slide 17: Yidby
Yidby Gold discovery 16
Slide 18: Yidby Gold Project – New Gold Discovery in Greenstone belt
Yidby Gold Project – New Gold Discovery in Greenstone belt Exploration tenure of 114km2 in Major Gold mine district - the Yalgoo-Singleton Greenstone Belt 400km from Perth Major gold projects in the area: • Mt Gibson 2.75Moz (Capricorn Metals) 30km to South • Rothsay 507koz (Silver Lake) 30km to Nor
Slide 19: Yidby Gold Discovery – Gold results
Yidby Gold Discovery – Gold results 1 Outstanding first pass 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
Slide 20: Next Steps
Next Steps RC drill programme to commence in March 2023 Drill rig booked, pads cleared 24 holes average depth 120m Aim to expand mineralisation and test structure Complete leach testwork Aim to have maiden JORC resource by end 2023 19
Slide 21: Investment Highlights – Key Points
Investment Highlights – Key Points Surefire has built up 3 significant projects in portfolio Any of the projects alone would have significant value in a companies market cap Battery grade Vanadium and HPA potential are on the Battery and critical mineral list One of largest high grade exposed Magnet
Slide 22: Paul Burton Managing Director Surefire Resources
Paul Burton Managing Director 0434 957 535 Surefire Resources Suite 10, 100 Mill Point Road, South Perth WA 6151 +61 8 6331 6330 info@surefireresources.com.au www.surefireresources.com.au surefireresources.com.au
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