Investor Presentation
Greenvale copper and nickel provinces
QEC Investment Showcase Brisbane
Peter Hwang - Managing Director 14 July 2022
ASX:SPQ
Cautionary statement
Information Purposes: This document is for information purposes only. The information contained in this document does not constitute an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in Superior Resources Limited (Superior) in any jurisdiction. The information in this document is provided in summary form, has not been independently verified, and should not be considered to be comprehensive or complete.
Not Financial Product Advice: This document does not constitute financial product or investment advice. It has been prepared without taking into account the objectives, financial circumstances or needs of recipients and cannot be relied upon as advice to recipients. Before making an investment decision, investors or prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction.
Forward Looking Statements: This document may contain forward looking statements. Forward looking statements are often, but not always, identified by the use of words such as "seek", "indicate", "target", "anticipate", "forecast", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Indications of, and interpretations on, future expected exploration results or technical outcomes, production, earnings, financial position and performance are also forward looking statements. The forward looking statements in this document are based on current interpretations, expectations, estimates, assumptions, forecasts and projections about Superior, Superior's projects and assets and the industry in which it operates as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made. The forward looking statements are subject to technical, business, economic, competitive, political and social uncertainties and contingencies and may involve known and unknown risks and uncertainties. The forward looking statements may prove to be incorrect. Many known and unknown factors could cause actual events or results to differ materially from the estimated or anticipated events or results expressed or implied by any forward looking statements. All forward-looking statements made in this presentation are qualified by the foregoing cautionary statements.
Disclaimer: Superior and its related bodies corporate, any of their directors, officers, employees, agents or contractors do not make any representation or warranty (either express or implied) as to the accuracy, correctness, completeness, adequacy, reliability or likelihood of fulfilment of any forward looking statement, or any events or results expressed or implied in any forward looking statement, except to the extent required by law. Superior and its related bodies corporate and each of their respective directors, officers, employees, agents and contractors disclaims, to the maximum extent permitted by law, all liability and responsibility for any direct or indirect loss or damage which may be suffered by any person (including because of fault or negligence or otherwise) through use or reliance on anything contained in or omitted from this document. Other than as required by law and the ASX Listing Rules, Superior disclaims any duty to update forward looking statements to reflect new developments.
Exploration Results and JORC: The reporting of exploration results and mineral resource estimates in this document reflects the information that was originally reported in market announcements that have been referenced in the body of this document. Superior confirms that it is not aware of any new information or data that materially affects the information included in the relevant original market announcement. Investors and any person viewing this document should refer to the market announcements made by Superior (ASX:SPQ), which can be viewed at: http://www.asx.com.au/asx/statistics/announcements.do.
Introduction | Share Price1 | Issued Shares | Market Cap | ||||||||||||
Corporate snapshot | |||||||||||||||
1. As at 8 July 2022 | |||||||||||||||
$0.04 | 1,701m | $68m | |||||||||||||
Carlos Alberto Fernicola | Cash | Debt | Top 20 Holdings | ||||||||||||
$4.1M | $nil | 36% | |||||||||||||
Non-Executive Chairman | |||||||||||||||
B.Com, FCA, F Fin, FCIS, FCSA, GradDipAdvAcctg, GDippAppFinInv, GDipAppCorpFin | 90 | Share price performance | 0.08 | ||||||||||||
Carlos has 30+ years of experience in accounting, taxation, audit and the financial | 80 | ||||||||||||||
services industry. He is a Fellow of Institute of Chartered Accountants ANZ, Fellow | (m)Volume | 70 | 0.06 | ($)priceShare | |||||||||||
Peter Henry Hwang | 0.03 | ||||||||||||||
of the Governance Institute of Australia and Fellow of the FSIA. | 60 | ||||||||||||||
50 | 0.04 | ||||||||||||||
40 | |||||||||||||||
Managing Director | 30 | ||||||||||||||
20 | |||||||||||||||
B.Sc. (Hons), LLB, MAIG, MGSA, MQLS | 10 | ||||||||||||||
Peter has 12+ years experience as a gold, base metals and diamond geologist and | 0 | 0.01 | |||||||||||||
Jul-21 | Aug-21Sep-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | Jan-22 | Feb-22 | Mar-22 | Apr-22 | May-22 | Jun-22 | Jul-22 | |||
21 years experience as a lawyer at Freehills, Ashurst and Minter Ellison, | |||||||||||||||
specialising in mining, commercial, M&A, mining infrastructure, regulatory and | Management | ||||||||||||||
native title law. | 5% | ||||||||||||||
9% | Yarraandoo Pty | ||||
Simon James Pooley | Ltd | ||||
Non-Executive Director | 64% | Others | Top 20 | ||
MAusIMM, GAICD | |||||
Simon was formerly Chief Operating Officer for Novo Resources Corp., General | 22% | Other Top 20 | |||
Manager Operations for Millennium Minerals Limited and General Manager |
Exploration and Business Development for CopperCo Limited.
Growth through discovery - multiple tier 1-potential exploration projects
Project portfolio - 100% SPQ
Leveraging the green transition - Cu, Ni, Zn, Co, U, REEs
Feasibility Study
Resource definition /
Significant mineralisation
Advanced exploration
QLD
Exploration
Greenvale Project
Operational snapshot
Targeting Cu, Ni, Zn discovery and defining copper and gold resources in Queensland
Porphyry Cu-Au-Mo | Ni-Cu-PGE | Au | |||||
Bottletree | Cockie Creek | Wyandotte | Dido, Big Mag | Steam Engine | |||
632m @ 0.21% Cu1 | 13Mt @ 0.42% Cu | 2 | Near surface Exploration | Phantom Creek | 2.72Mt @ 2.0 g/t Au | ||
incl 224m @ 0.40% Cu | Target3: | Voisey's Bay style | |||||
(54,600t Cu) | 0.4Mt @ 2.2% Cu (8,800t Cu) - | (171,000 ounces Au)4 | |||||
incl 103m @ 0.53% Cu | 1.0Mt @ 1.9% Cu (19,000t Cu) | Ni-Cu-PGE | |||||
Very large scale Cu system emerging: | Large IP chargeability | High grade copper deposit | Voisey's Bay style | Feasibility Study in progress | |||
Large drilling program underway | anomaly beneath Cu | related to interpreted Cu- | Ni-Cu-PGE: | Toll treatment discussions | |||
Resource: | Au porphyry: | Proven Voisey's Bay- | |||||
Targeting interpreted mineralised | Scoping Study (Base Case)5: | ||||||
| Porphyry Cu-Au-Mo | Mineral Resource Estimate | style Ni-Cu-PGE deposit | ||||
porphyry core | |||||||
system | to be established | systems | $24.2M cash flow (post tax @ | ||||
1.5km x 1km Cu soil anomaly over | |||||||
Upcoming maiden JORC | No exploration since 1975 | Fertile troctolite | |||||
| A$2,200/oz; $41M @ A$2,500) | ||||||
porphyry target | |||||||
(2012) Mineral Resource | intrusions identified by | ||||||
Several large Cu 'leakage' mineralised | | Only 70,000oz mined | |||||
Estimate | Anglo but not followed | ||||||
zones surrounding interpreted core | up or inadequately | | $5.1M CAPEX (pre-production | ||||
followed up | and closure) | ||||||
1: Refer ASX announcement, 2 June 2022 | 4: JORC Measured, Indicated and Inferred; Refer ASX announcement, 11 April 2022 |
2: JORC (2004) Inferred; Refer ASX announcement, 27 March 2013 | 5: Refer ASX announcement, 27 April 2021 |
3: Refer ASX announcement, 15 June 2021 |
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Superior Resources Limited published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2022 05:53:02 UTC.