Future Mineral Resources Inc. · TSX:FMR
Future Mineral Resources — Sulliden Mining Capital — Investor Presentation (May 2016)
27 slides from Future Mineral Resources's investor presentation, May 2016
Slide 1: Corporate Presentation
Focused on Acquiring, Developing TSX: SMC & Actively Investing in Quality Corporate Presentation May 2016 Mining Projects
Slide 2: Cautionary Statements
Cautionary Statements This presentation may include certain “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future plans and o
Slide 3: Company Overview & Strategy
Company Overview & Strategy We are focused on generating value through the acquisition and development of quality mining projects, in addition to identifying opportunities across industries for active investments. Excellent Track Record Highly experienced management team with a history of value crea
Slide 4: The Path Ahead
The Path Ahead 2015 at a Glance: Numerous mine projects evaluated +20 project visits +$10million worth of investments The Year Ahead: Focus on driving value from current portfolio via active management; Continue source undervalued and misunderstood resource opportunities; Continue to loo
Slide 5: Performance & Share Value
Performance & Share Value Capital Structure Intrinsic Value* Capitalization Summary (as at May 5, 2016) Value of Sulliden Holdings Shares Outstanding ~36.9 M Avg. purchase price: $0.08/share Warrants ~2.5 M ASX:AGR as at May 4, 2016: $0.12/share Options ~3.5 M $0.23/ Sulliden share Avg. purchase pri
Slide 6: Current Portfolio of Projects & Investments
Current Portfolio of Projects & Investments Project Development Troilus Gold Project (Abitibi region, Quebec) Past-producing gold, copper and silver mine Engineering studies underway to evaluate economic viability of a mine re-start East Sullivan Gold Project (Quebec, Canada) Past producing ba
Slide 7: Troilus Project - Overview
Project Development Troilus Project - Overview 2-year option agreement with First Quantum Minerals to acquire past-producing Troilus Mine (See May 2, 2016 press release) Overview Approximately 4,700 hectares of mining and exploration claims, and surface rights in the Abitibi region of Quebec, Cana
Slide 8: Troilus Project - Location
Project Development Troilus Project - Location TSX: SMC | www.sulliden.com 8
Slide 9: Troilus Project - Property Geology
Project Development Troilus Project - Property Geology J4 From 1996 to 2010, the Troilus mine operated from two 87 open pits: J4 and 87 Gold mineralization at Troilus is hosted in brecciated marginal series rocks TSX: SMC | www.sulliden.com 9
Slide 10: Troilus Project - Opportunity
Project Development Troilus Project - Opportunity Sulliden has engaged Roscoe Postle Associates Inc. to update the mineral resource estimate to focus on a potential underground mining scenario. Results are expected in Q2 2016. 87 open pit, Troilus Mine TSX: SMC | www.sulliden.com 10
Slide 11: Troilus Project - Opportunity
Project Development Troilus Project - Opportunity The former mill was sold, however key infrastructure remains, including: Network of roads Permitted tailings pond Office building and garage Water treatment facilities Core storage area Electrical transformer station TSX: SMC | www.sullid
Slide 12: East Sullivan Project - Overview
Project Development East Sullivan Project - Overview Project retained following the Rio Alto and Sulliden Gold Corporation transaction (May 2014) Overview 334 hectares in the Abitibi region of Quebec, Canada Property located 2 km north of Cadillac Break, a major fault zone in the district Histor
Slide 13: East Sullivan - Sample Section (6600E)
Project Development East Sullivan - Sample Section (6600E) Selected intercepts from section 6600E 2.1 g/t gold over 10m, including 4.4 g/t over 2.8m 4.2 g/t gold over 5.2m, including 10.7 g/t over 1.9m 6.8 g/t gold over 7.2m, including 16.8 g/t over 2.7m Shearzone TSX: SMC | www.sulliden.com 1
Slide 14: Aguia Resources – Rio Grande Overview
Active Investment Aguia Resources – Rio Grande Overview Fertilizer company aiming to produce domestic sources of phosphate to supply booming Brazilian agricultural sector. Project Overview Excellent Location Project covers 39,000 ha in heart of southern agricultural region Ideal location with pr
Slide 15: Aguia Resources (ASX: AGR)
Aguia Resources (ASX: AGR) Shares held: 68.6M (18%) Average purchase price: $0.08 Aguia Resources (ASX:AGR) as at May 4, 2016: $0.12/share $0.23/ Sulliden share 2015 performance: +243% TSX: SMC | www.sulliden.com 15
Slide 16: Rio Grande - Low Cost Growth
Active Investment Rio Grande - Low Cost Growth Large resource and excellent long-term growth potential. Rio Grande Mineral Resource (2015) JORC compliant phosphate resource of: 15.2Mt Indicated, 54.9 Mt Inferred @ 4.20% P2O51,2 Recent drilling program expanded strike length Previous JORC of depo
Slide 17: Rio Grande - Path to Higher Returns
Active Investment Rio Grande - Path to Higher Returns Aguia will optimize the PEA ahead of the Feasibility Study; material improvements are expected. PEA Completed in 2015 The following factors will be considered to enhance the PEA: 500,000t of SSP per annum Calcite by-product 630,000t per year
Slide 18: Belo Sun Mining (TSX: BSX)
Belo Sun Mining (TSX: BSX) Shares held: 14M (4%) Average purchase price: $0.22 Belo Sun (TSX: BSX) as at May 4, 2016: $0.95/share $0.36/ Sulliden share TSX: SMC | www.sulliden.com 18 *Working Capital is calculated as: Current Assets - Current Liabilities. See slide 2 for details related to Non-IFRS
Slide 19: Belo Sun Mining - Volta Grande Overview
Active Investment Belo Sun Mining - Volta Grande Overview Belo Sun is developing a low-cost open pit gold mine in Brazil. Project Overview Excellent Location Brazil: a mining-friendly country Para State: 2nd most active mining state in Brazil; goal to be #1 Advanced Stage of Development Constr
Slide 20: Volta Grande - Feasibility Study
Active Investment Volta Grande - Feasibility Study Feasibility Study Results (March 2015) Production Average LOM annual gold production of 205,000 oz, 17 year mine life First 10 years: 268,000 oz gold annually Economics Pre-Tax IRR of 36%; Post-Tax IRR of 26% ($1,200 / oz Au) Pre-Tax NPV of
Slide 21: Volta Grande - Property
Active Investment Volta Grande - Property Belo Sun owns the property covering +100km of strike length on the “Três Palmeiras” Greenstone belt; a large underexplored area with tremendous blue sky potential. TSX: SMC | www.sulliden.com 21
Slide 22: Volta Grande - Mineral Resources
Active Investment Volta Grande - Mineral Resources North Block (2015) Avg. grade Tonnes (Mt) Gold Total Measured & Indicated 0.99 g/t 156.520 4,954,000 oz (0.4g/t cut-off) Total Inferred (0.4g/t cut-off) 0.90 g/t 39.690 1,148,000 oz North Block (2015 Feasibility Study) 200,000 m of drilling South Bl
Slide 23: Strong Management Team
Strong Management Team High calibre team with a proven track-record and a long history of working together Senior Management Team Board of Directors Justin Reid, MSc., MBA, CEO; Director Stan Bharti, P.Eng., Chairman Geologist and capital markets executive with +20 yrs focused in the mineral res
Slide 24: Former Mine Development Successes
Former Mine Development Successes 2002 - 2006 Value generated through the development of the mine to production and exploration success Acquired by: Feasibility Study Mineral growth Permits obtained Fully funded $1.00 $48.38 $11.26 invested value as of value as of April 2002 Nov 2012 Jan 2015 TS
Slide 25: Former Mine Development Successes
Former Mine Development Successes 2007 - 2009 Value generated through exploration success and mine development Acquired by: Environmental approvals Feasibility Study Mineral growth Global Financial Crisis $1.00 $3.89 $1.73 invested value as of value as of Dec 2007 Mar 2012 Jan 2015 TSX: SMC | www
Slide 26: Former Mine Development Successes
Former Mine Development Successes 2009 - 2014 Value generated through resource growth and advancement of mine to construction Acquired in 2014 by: Mineral resource growth Feasibility Study Advanced stages of permitting Acquired in 2015 by: $1.00 $3.86 $4.23 invested value as of value as of Jan 20
Slide 27: Investor Contact
Sulliden Mining Capital Inc. Investor Contact 800-65 Queen Street West Caroline Arsenault Toronto, Ontario M5H 2M5 Corporate Communications +1 (416) 861-5805 TSX: SMC www.sulliden.com
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