Burley Minerals Ltd. · ASX:BUR
Burley Minerals — Investor Presentation (June 2021)
18 slides from Burley Minerals's investor presentation, June 2021
Slide 1: Exploring the Yerecoin Project in the Jimperding Metamorphic Belt
Exploring the Yerecoin Project in the Jimperding Metamorphic Belt Western Australia ASX: BUR June 2021 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 Kicking Goals for IPO
BURLEY KICKING GOALS FOR IPO Burley Minerals Ltd incorporated 29 Oct 2020 Option secured to acquire 70% of Novarange Pty Ltd (owner of the Yerecoin Project, located 2 hours drive NE from Perth, WA IRON ORE RESOURCES • JORC 2012 compliant magnetite resources • 247 Mt @ 29.9% Fe (68.1% Fe conc grade,
Slide 4: Board and Management
BOARD AND 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
Slide 5: Capital Structure & Key Information
CAPITAL STRUCTURE & KEY INFORMATION Pro forma capital structure Offer price per Share $0.20 Shares offered for subscription 30,000,000 Total Shares on issue as at the date of Prospectus 11,000,001 Maximum Number of Shares to be issued to Vendors under Acquisition Agreement at 20,500,000 Completion T
Slide 6: Location & Infrastructure
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-Miling line) • Conne
Slide 7: Project History
PROJECT HISTORY Magnetite resources 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 Resources
YERECOIN MAGNETITE RESOURCES Resource Resource Tonnes DTR In-situ Fe Conc Fe Al2O3 SiO2 P S Area Category Mt % % % % % % % MAIN 1 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 0.03 SOUTH 2 Inferred 115.
Slide 9: Exploration Targets
EXPLORATION TARGETS Iron Ore GROSSKOPF EXPLORATION TARGET Current drilling of western limb of Yerecoin Main resource ends at northern boundary of ‘Grosskopf’ property OTHER MAGNETITE EXPLORATION TARGETS Linear Magnetic high between Grosskopf Target and Yerecoin South has not been drill tested – pote
Slide 10: Exploration Targets
EXPLORATION TARGETS Summary 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 abundant serpentinised
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 – currently increasing in size and extent. • This Region has had limited exploration in recent times for this style of mineralisation, even
Slide 12: Yerecoin South
YERECOIN SOUTH Ni-Cu-Co-PGE Potential • airborne VTEMTM MAX survey completed in March 2021. • Data with geophysics consultants for processing and interpretation • Results and potential EM drill targets anticipated post IPO Cross-section 6566625mN – ultramafic units intercepted adjacent to, & beneath
Slide 13: Burley Minerals First Steps
MAGNETITE IRON ORE → FEASIBILITY STUDIES BURLEY • Resource Drilling – infill & extension drilling to increase & upgrade Magnetite Iron Resources to +Indicated status MINERALS • Exploration Drilling – first pass drilling of Grosskopf target • Testwork – metallurgy, geotechnical • Process – define opt
Slide 14: Burley Investment Summary
BURLEY INVESTMENT MAGNETITE IRON ORE SUMMARY 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 Prelimina
Slide 15: Airborne VTEM survey at Yerecoin Project
Airborne VTEM survey at Yerecoin Project
Slide 16: Appendix - Excellent Location & Infrastructure
APPENDIX EXCELLENT LOCATION & INFRASTRUCTURE Core yard Gt Northern Hwy Calingiri rail crossing 16 Tier 2 rail network Kwinana Bulk Terminal
Slide 17: Appendix - Yerecoin Project Acquisition Agreement
APPENDIX - Yerecoin Project Acquisition Agreement see Prospectus Section 14.3 and 14.4 for summary of key terms • Agreement dated 27 April 2021, Burley has secured a binding option to acquire 70% of the issued capital of Novarange (Sale Interest) which owns 100% of the Yerecoin Project near New Norc
Slide 18: Appendix - Yerecoin Project Acquisition Agreement
APPENDIX - Yerecoin Project Acquisition Agreement see Prospectus Section 14.3 and 14.4 for summary of key terms Vendor Deferred Payments and Potential Performance Shares • Following Novarange Acquisition Completion, Burley is liable to the Vendors for the following deferred consideration (up to $4,5