Burley Minerals Ltd. · ASX:BUR
Burley Minerals — Investor Presentation (December 2021)
17 slides from Burley Minerals's investor presentation, December 2021
Slide 1: Burley Minerals Ltd Latest Presentation
Burley Minerals Ltd LatestPresentation December 2021 ASX: BUR 1
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial
Slide 3: Burley Kicks First Goal
BURLEY KICKS FIRST GOAL ➢ Burley Minerals Ltd – listed on the ASX on 7th July 2021 ➢ Acquisition of 70% of Novarange Pty Ltd, & Yerecoin Project completed...comprising: IRON ORE RESOURCES • JORC 2012 compliant magnetite resources 247 Mt @ 29.9% Fe (68.1% Fe conc grade, 32.1% DTR) • Highly Favourable
Slide 4: Board Management
BRYAN DIXON BCom CAANZ AGIA ACG Non-Executive Chairman Mr Dixon has over 20 years’ experience in the mining and exploration sector. Mr Dixon is a Chartered Accountant and Chartered Secretary and has extensive experience in the management of public and listed companies. Mr Dixon specialises in merger
Slide 5: Capital Structure
CAPITAL STRUCTURE CAPITAL STRUCTURE Total Shares on issue after Completion 61.0 M Market Capitalization @ $0.20 per share $12.2 M Cash as at 30 Sept 2021 $5.1 M Total Options on issue 10,000,000 Performance Securities under Acquisition Agreement For the issue 30,000,000 Shares is the maximum number
Slide 6: Yerecoin Project Location & Infrastructure
YERECOIN PROJECT Location & Infrastructure LOCATION • 120km NNE of Perth via Great Northern Highway • Excellent road access throughout Project area POWER • High Voltage power transmission lines • 132kV and 330kV • Dampier – Bunbury Natural Gas Pipeline (DBNGP) TRANSPORT • Tier 2 railway (Toodyay-Mil
Slide 7: Yerecoin Project Exploration History
YERECOIN PROJECT Exploration History 2009: Maiden drilling program completed by Giralia Resources NL • RC, diamond drilling: Yerecoin Main, Yerecoin South • Maiden Resource estimate 2010-2011: Giralia continues RC and diamond drilling 2011: Atlas Iron Ltd takeover of Giralia. 2012: Gunnel JV formed
Slide 8: Yerecoin Magnetite Iron Resources
YERECOIN MAGNETITE IRON RESOURCES Resource Resource Tonnes DTR % Fe % Fe % Al2O3 % SiO2 %P %S Area Category Mt % In-situ Conc Conc Conc Conc Conc MAIN 1,3 Indicated 31.0 37.4 31.4 67.7 0.15 6.01 0.01 0.03 Inferred 99.8 35.1 29.6 68.4 0.2 5.40 0.01 0.04 Sub-Total 130.8 35.7 29.7 68.0 0.18 5.95 0.01 0
Slide 9: Feasibility Study Update
FEASIBILITY STUDY Update PRE-FEASIBILITY STUDY COMMENCED Since listing on the ASX in July 2021, Burley Minerals has commenced Pre-Feasibility Study work on the Yerecoin Iron Project: FEASIBILITY STUDY MANAGER APPOINTED (Stewart McCallion) METALLURGY (consultant appointed) • Commenced review of histo
Slide 10: Exploration Targets
EXPLORATION TARGETS Iron Ore, Ni-Cu-Co-PGE IRON ORE • Immediate potential to extend and upgrade magnetite resources at Yerecoin Main & Yerecoin South • Potential for discovery of additional magnetite resources Ni-Cu-Co-PGE • Historical drilling at Yerecoin South magnetite deposit intercepted abundan
Slide 11: Ni-Cu-Co-PGE Target
Ni-Cu-Co-PGE TARGET • Potential for Ni-Cu-Co-PGE mineralisation in ultramafic host rocks • ~60km north of Chalice Mining’s Gonneville PGE-Ni-Cu-Co-Au discovery – increasing in size and extent. • This Region has had limited exploration in recent times for this style of mineralisation, even though the
Slide 12: Yerecoin South
YERECOIN SOUTH Ni-Cu-Co-PGE Potential • airborne VTEMTM MAX survey completed in March 2021. • Several EM anomalies identified – follow-up ground EM planned to validate and define drill targets • Historical diamond drill core currently being re-logged and sampled for Ni-Cu-Co-PGE analysis VTEMTM MAX
Slide 13: Hamersley Iron Ore Province
HAMERSLEY IRON ORE PROVINCE Exploration Licence applications – 100% Burley APPLICATIONS LODGED FOR IRON ORE BROAD FLAT – ELA 47/4580 1 • Channel Iron Deposit (CID) mineralisation identified • Historical surface rock-chip sampling of CID outcrop – results up to 61.5% Fe • Existing high-grade CID targ
Slide 14: Burley Minerals Next Steps
YERECOIN – MAGNETITE IRON ORE → FEASIBILITY STUDIES • Resource Drilling – infill & extension drilling to increase & upgrade Magnetite Iron Resources to +Indicated status • Exploration Drilling – first pass drilling of Grosskopf target • Testwork – metallurgy, geotechnical • Process – define optimum
Slide 15: Burley Minerals Investment Summary
YERECOIN PROJECT MAGNETITE IRON ORE – Fast track FEASIBILITY → DEVELOPMENT → PRODUCTION ✓ Indicated & Inferred Mineral Resource 247Mt @ 30% Fe (32% DTR – 68% Fe concentrate grade) ✓ Coarse-grained, low impurity content, favourable processing characteristics ✓ Near term readiness for Preliminary Feas
Slide 16: Authorised for release by the board of Burley Minerals Ltd
Authorised for release by the board of Burley Minerals Ltd burleyminerals.com.au ASX:BUR [email protected] Yerecoin Project – Airborne VTEM survey, March 2021
Slide 17: Appendix: Excellent Location & Infrastructure
Core yard Gt Northern Hwy APPENDIX EXCELLENT LOCATION & INFRASTRUCTURE Calingiri rail crossing 17 Tier 2 rail network Kwinana Bulk Terminal
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