Firering Strategic Minerals PLC · LSE:FRG
Firering Strategic Minerals — Investor Presentation (2021)
21 slides from Firering Strategic Minerals's investor presentation, 2021
Slide 1: Ethically Sourced Critical Minerals: Lithium, Tantalum-Niobium
Ethically Sourced Critical Minerals Lithium Tantalum- Niobium Corporate Presentation A mining company dedicated to supplying non-conflict critical metals & minerals 1
Slide 2: Disclaimer
Disclaimer This presentation and any additional documents handed out at any meeting have been prepared by Firering under the Transaction should always consider taking independent financial advice before doing so. Strategic Minerals plc (the “Company”) solely for your information and may not be repro
Slide 3: Overview
Overview Near term production / early stage exploration focused on ethically- sourced strategic minerals • Multi-project portfolio in Ivory Coast, a mining friendly jurisdiction, focused on critical metals for fast growing sectors such as Electric Vehicles – Tantalum and niobium (Atex Project): near
Slide 4: The Board
The Board Highly complementary team with proven in-country experience in project development, finance and ESG Youval Rasin (aged 49), Non-Executive Chairman Yuval Cohen (aged 41), Chief Executive Officer Tim Daniel (aged 41), Chief Financial Officer Co-founder of Dekel Agri-Vision plc and has held s
Slide 5: Strategic mineral focus: Lithium
Strategic mineral focus: Lithium 3 Outlook for EV market share Lithium is the lightest metal and used Li Lithium to make high energy density batteries EV penetration is forecast to grow from 3% to ~30% by 2030* *Source: Deloitte Insights Electric Vehicles Setting for 2030 • Volkswagen describes lith
Slide 6: Lithium: Regional Developments
Lithium: Regional Developments Company Project Country Measured and/or Indicated Inferred Resource Market Cap Resource IronRidge Resources Ewoyaa Ghana 4.5 Mt at 1.39% Li2O 10 Mt at 1.27% Li2O £117m Firefinch Ltd Goulamina Mali 64.6 Mt at 1.49% Li₂O 43.9 Mt at 1.38% Li₂O $AUD452m Kodal Minerals Plc
Slide 7: Strategic mineral focus: Tantalum & Niobium
Strategic mineral focus: Tantalum & Niobium 73 41 Tantalum Niobium Ta Tantalum – Used in a wide array of consumer electronic Nb Niobium – Used in alloys for the medical, devices, including mobile phones and alloys nuclear and aviation industries for the medical, aviation and defence – Ability to hol
Slide 8: Corporate Structure
Corporate Structure Near-term coltan production with potential to become a significant deposit and high impact lithium exploration Firering Strategic Minerals Plc (Cyprus) Intention to acquire a total of 80%** 100% 51%* Atex Mining Resources (Cote Alliance Minerals Corporation FH Coltan I-II (Cote d
Slide 9: Table of Mineral Assets and Applications
Table of Mineral Assets and Applications A multi-stage portfolio of critical mineral assets and applications in a proven, non-conflict jurisdiction Licence Licence Interest Holder/Applicant Status Mineral area Comments Application (%) (km2) Firering has an option to acquire a further 29% interest af
Slide 10: Project Locations
Project Locations Near-term tantalum / niobium production and resource development • Initial focus will be on the Atex licence • Atex licence includes both lithium and tantalum-niobium potential • Atex located within the Baoulé-Moss domain of the West African Craton • Baoulé-Moss comprises several a
Slide 11: Lithium: Deposit Summary
Lithium: Deposit Summary The Directors believe that the project has the potential to become one of Africa’s next significant lithium pegmatite resource Preferred host lithologies for LCT pegmatites present at Atex • Amphibolites or mafic schists • Metasedimentary sequences comprising mica-schists •
Slide 12: Lithium: Mineralisation
Lithium: Mineralisation Potentially significant lithium resource at ATEX Lithium mineralisation confirmed • Recent grab samples showed high-grade lithium oxide (up to 4.91%) and tantalum (up to 1,610 ppm), confirming • The presence of pegmatite-hosted lithium and coltan mineralisation • The conceptu
Slide 13: Lithium: Spodumene Hill Exploration
Lithium: Spodumene Hill Exploration Spodumene Hill Target • Located 2km north-east of the town of Touvre • Spodumene-bearing pegmatite mapped over a strike length of approximately 250m in a north-northeast direction • Contains coarse-grained spodumene crystals (up to 7cm long) associated with quartz
Slide 14: Tantalum / Niobium: Exploration
Tantalum / Niobium: Exploration Positive results at ATEX confirming historical exploration • Samples taken from the pegmatites in the south-eastern part of the licence returned anomalous lithium values, suggesting potential lithium and possible columbo-tantalite bearing pegmatites outside the curren
Slide 15: Tantalum/Niobium: Highlights
Tantalum/Niobium: Highlights • Wide pegmatite occurrences with high coltan concentrations identified from surface – including several pockets of +600g/t • Chemical analysis identified Ta2O5 of 73.75% - industry recognises 30% Ta as high-grade columbite-tantalite • Tests of material confirmed a signi
Slide 16: Ta&Nb: Coltan MGS Concentration Plant
Ta&Nb: Coltan MGS Concentration Plant Pilot Production - Multi Gravity Separator plant • C900 Multi Gravity Separator (MGS, capacity 250kg/h) has proven to be very successful at numerous coltan and tin operations worldwide and is ideal for larger scale pilot plant testing as well as small scale mini
Slide 17: Multi-phase multi-project development
Multi-phase multi-project development CSA concluded there was potential economic pegmatite-hosted lithium mineralisation and pegmatite-hosted columbo-tantalite mineralisation Detailed • Exploration programme for the next 24 months includes: geological C902 MGS mapping • Detailed geological mapping o
Slide 18: Our Exploration Program – Phase 1 Auger Drilling
Our Exploration Program – Phase 1 Auger Drilling Target Drilling ( no Pits ) Spodumene Hill 409 Zone 1 282 Zone 2 288 Pegmatite Field Extension 161 (*) New Pegmatite Discovery 2nd phase (*) (*): After pitting and mapping Our exploration program has been guided and approved by CSA, including: • Pitti
Slide 19: Environmental & Social Impact
Environmental & Social Impact Committed to implementing applicable environmental and social procedures • Firering will implement a socio-economic plan in collaboration with the affected villages in its project areas • Firering has agreed on terms of cooperation with BetterChain towards delivering li
Slide 20: Summary
Summary The Company is targeting near-term tantalum and niobium production combined with potentially high impact lithium exploration • Multi-stage portfolio of exploration assets targeting strategic minerals in non-conflict areas critical to fast growing industries such as electronics and EVs – Pote
Slide 21: Contact address
38 Agias Fylaxeos Nikolas Kort Office 101, 3025 Limassol PO Box 53277 Limassol Cyprus Sustainable and Ethically Sourced Natural Mineral Resources 21
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