Firering Strategic Minerals PLC · LSE:FRG
Firering Strategic Minerals — Mines and Money - Resourcing Tomorrow 2023
16 slides from Firering Strategic Minerals's conference presentation, November 2023
Slide 1: Ethically Sourced Minerals: Lithium | Tantalum | Quicklime
Ethically Sourced Minerals Lithium | Tantalum | Quicklime Corporate Presentation Mines and Money - Resourcing Tomorrow
Slide 2: Disclaimer
DISCLAIMER This presentation (“Presentation”) is being provided to you (the “Recipient”) by Firering Strategic Minerals PLC (the “Company”) for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any
Slide 3: Overview
OV E RV I E W Lithium exploration Multi-project andinnear-term portfolio West and production of quicklime Southern Africa focused&ontantalum minerals for fast growing sectors such as electric vehicles Lithium Quicklime Corporate Snapshot Atex Project - Côte d’Ivoire – 90% ownership Limeco – Zambia –
Slide 4: Lithium Project Location
L I T H I U M P ROJ EC T LO C AT I O N Lithium & Tantalum-Niobium • Initial focus is on the Atex licence in north-west Côte d'Ivoire. • Atex licence includes both lithium and tantalum-niobium potential. • Atex located within the Baoulé-Moss domain of the West African Craton: • Baoulé-Moss comprises
Slide 5: 2022 Lithium Scout Drilling Assays
2 0 2 2 - L I T H I U M – S CO U T D R I L L I N G A S SAY S Positive results received from first assays from 3,009m scout drilling on Spodumene Hill including: • 64m at 1.24% Li2O from 76m in hole TVDD0004, including: • 27m at 2.13% Li2O from 76m • 4.06% Li2O, the highest individual sample assay gr
Slide 6: 2023 Soil Sampling LIBS Results
2 0 2 3 S O I L S A M P L I N G L I B S R E S U LT S • Soil sampling programme completed in mid-May. • 14,116 soil samples taken, prepared and sent to Ghana for analysis by portable x-ray fluorescence spectrometry ("pXRF") and Laser Induced Breakdown Spectrometry ("LIBS"). • LIBS measurements specif
Slide 7: 2023 Auger Drilling Campaign
2 0 2 3 AU G E R D R I L L I N G C A M PA I G N The 9 Auger drill target zones Auger drilling - end of hold sample confirm pegmatites • Detailed geological mapping identified nine target areas for Phase II auger drilling. • A total of 840 holes for c.5,000m of auger drilling are planned. • Phase II
Slide 8: 2023 RC Drilling Campaign
2 0 2 3 RC D R I L L I N G C A M PA I G N • The RC campaign is due to start in due course and should be completed over the course of 4 weeks. • 3,000m RC scout drilling campaign consisting of 18 holes has been designed together with Ricca Resources. • The purpose of this programme is to test the new
Slide 9: Limeco - Overview
Limeco Mining and Production Infrastructure L I M ECO - OV E RV I E W Quicklime production potential 22km west of Lusaka, Zambia • FSM signed an option deed dated 16 August 2023 to acquire an initial 28.33% of Limeco Resources Limited (“Limeco”) for $US5.1m ($18m valuation). • Over US$100m has been
Slide 10: Limeco - Assets
View of primary crusher with lime plant in L I M ECO - A S S E T S background • Existing limestone quarry with an in-situ resource of 73.7Mt @ 95.3% CaCO3. • Two stage crushing circuit with an installed capacity of 500tph of limestone, and a lime plant comprising eight kilns for burning crushed lime
Slide 11: Limeco - Commissioning
L I M ECO - CO M M I S S I O N I N G • Successful commissioning of two-stage crushing circuit with an installed capacity of 500tph. • Crushing system adapted to produce aggregate to enhance cashflow during kiln renovations. • Ramping up of aggregate production during the coming months. First aggrega
Slide 12: Environmental & Social Governance
E N V I RO N M E N TA L & S O C I A L G OV E R N A N C E Community & government support in place • Employees sourced from local community • Constructed first water well for Tounvré village • Supporting local community agriculture projects Federal and local Government delegation at Atex Lithium base
Slide 13: 2023 - The Next Steps
2023 - 24 The Next Steps 1. 2. Lithium Exploration Limeco Operation Commence second RC drilling programme shortly Commence commissioning & gradual ramp up of production 2023 soil sampling programme – final LIBS results and further detailed Commissioning of aggregate operations commenced in August 20
Slide 14: Addendum - Team
A d d e n d u m - T EA M Complementary team with proven in-country experience in project development, finance & ESG Youval Rasin Yuval Cohen Shai Kol Vassilios Carellas Non-Executive Chairman Chief Executive Officer Chief Financial Officer Non-Executive Director Co-founder of Dekel Agri-Vision plc a
Slide 15: Addendum - Corporate Structure
A d d e n d u m - CO R P O R AT E ST R U C T U R E Firering Strategic Minerals Plc Option to acquire a total of Limeco Resources Ltd 28.33% ownership for $5.1m (Cyprus) 100% 90%* Atex Mining Resources (Cote Alliance Minerals Corporation Sarl Currently 51% FH Coltan I-II (Cote d’Ivoire) d’Ivoire) (Co
Slide 16: Contact
38 Agias Fylaxeos Nikolas Kort Office 101, 3025 Limassol PO Box 53277 Limassol Cyprus www.fireringplc.com Sustainable & Ethically Sourced Natural Mineral Resources
Firering Strategic Minerals — Mines and Money - Resourcing Tomorrow 2023 on 6ix