38
Information Purposes: This presentation is for information purposes only. The information contained in this presentation does not constitute an offer, invitation, solicitation or
recommendation in relation to the purchase or sale of shares in Superior Resources Limited (Superior) in any jurisdiction. The information in this presentation is provided in
summary form, has not been independently verified, and should not be considered to be comprehensive or complete.
Not Financial Product Advice: This presentation does not constitute financial product or investment advice. It has been prepared without taking into account the objectives,
financial circumstances or needs of recipients and cannot be relied upon as advice to recipients. Before making an investment decision, investors or prospective investors
should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their
jurisdiction.
Forward Looking Statements: This presentation may contain forward looking statements. Forward looking statements are often, but not always, identified by the use of words
such as “seek”, “indicate”, “target”, “anticipate”, “forecast”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could”
or “might” occur or be achieved and other similar expressions. Indications of, and interpretations on, future expected exploration results or technical outcomes, production,
earnings, financial position and performance are also forward looking statements. The forward looking statements in this presentation are based on current interpretations,
expectations, estimates, assumptions, forecasts and projections about Superior, Superior’s projects and assets and the industry in which it operates as well as other factors that
management believes to be relevant and reasonable in the circumstances at the date that such statements are made. The forward looking statements are subject to technical,
business, economic, competitive, political and social uncertainties and contingencies and may involve known and unknown risks and uncertainties. The forward looking
statements may prove to be incorrect. Many known and unknown factors could cause actual events or results to differ materially from the estimated or anticipated events or
results expressed or implied by any forward looking statements. All forward-looking statements made in this presentation are qualified by the foregoing cautionary statements.
Disclaimer: Superior and its related bodies corporate, any of their directors, officers, employees, agents or contractors do not make any representation or warranty (either
express or implied) as to the accuracy, correctness, completeness, adequacy, reliability or likelihood of fulfilment of any forward looking statement, or any events or results
expressed or implied in any forward looking statement, except to the extent required by law. Superior and its related bodies corporate and each of their respective directors,
officers, employees, agents and contractors disclaims, to the maximum extent permitted by law, all liability and responsibility for any direct or indirect loss or damage which may
be suffered by any person (including because of fault or negligence or otherwise) through use or reliance on anything contained in or omitted from this presentation. Other than
as required by law and the ASX Listing Rules, Superior disclaims any duty to update forward looking statements to reflect new developments.
Important information
The information in this presentation that relates to exploration results in respect of the Greenvale, Riesling and NW Qld lead/zinc projects is based on information
compiled by Mr Ken Harvey, a director and shareholder of the Company, who is a Member of the Australasian Institute of Mining and Metallurgy and a Member
of the Australian Institute of Geoscientists. Mr Harvey has sufficient experience which is relevant to the style of mineralisation and type of deposit under
consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting
of Exploration Results, Mineral Resources and Ore Reserves. Information relating to mineral resources are based on information compiled by Mr Ken Harvey as
a Competent Person under the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Harvey
consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears.
• Tier 1 calibre exploration projects
• Potential cash flow from Tick Hill Tailings
Reprocessing Project
• Material exposure to:
Zinc – Gold – Copper
• Nicholson Project – Zinc/Lead – Copper
• Victor Project – Zinc/Lead – Copper(“The Next Mt Isa”)
• Tick Hill Gold Project – Gold
• Steam Engine – Gold
(under EPM application)
• Greenvale – Copper/Gold
• New projects:
• active focus on new project acquisition
Company Snapshot
Corporate Summary
ASX CODE: SPQ
Ordinary shares 279 million
Options (listed/unlisted) Nil
Market cap. $1.4 million
Cash and listed assets A$124,000
7,000,000 DYL Shares A$63,000
Shareholders 529
Directors and Officers
13%
Substantial holders (>5%)
12%
Other top 20 holders
39%
Other holders36%
Share Structure
Total top 20 holders: 64.02%
0.005
0.008
0.012
0.015
0.019
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2.0
3.0
4.0
5.0
6.0
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Sh
are
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(m
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12 month price and volume
Volume Period average volume Share price
Board of Directors
• Carlos Fernicola – Chairman
– Over 30 years in accounting, taxation audit, financial
services industry, Chartered Company Secretary
• Peter Hwang – Managing Director
– 17 years in resources, native title and corporate law
10 years in mineral exploration
• Ken Harvey – Non-executive Director
– 42 years in base metals mineral exploration, project
evaluation, resource estimation and exploration
management
Projects overview
Gold
Tick Hill – high grade gold
Tick Hill – tailings re-
processing
Steam Engine (under application)
Zinc-Lead-Copper
Victor Project (Mount Isa Style –
“The Next Mt Isa”)
Nicholson Project (Mount Isa
Style – Teck JVA)
Copper-Gold
Greenvale Project (VMS and
Porphyry Copper)
• One Mile Dam – VMS
• Cockie Creek – Porphyry
• Wyandotte
• Galah Dam
• Bottletree
• Halls Reward (Ninety Mile)
Tick Hill Gold Tailings Project
• Completed - maiden resource estimate
• Completed - metallurgical testing
• Completed - scoping study (CIL processing)
• Completed - initial gravity testing
Steam Engine Gold Deposit
Priority Applicant Status
• Application – EPMA 26165 “Cockie South”
• Successfully obtained priority applicant status
Corporate / commercial
Gold Mining Alliance
• Entered into a Gold Mining Alliance and Joint
Venture Agreement with Dysart Mining Group
Summary 2016 – Gold
NW Qld Projects (Zinc-Lead-copper-silver)
Nicholson Project
• Earn-in and JV – Teck Australia
• Completed - 3-D geological modelling
• Completed - land access requirements
• Commenced field exploration
• Completed - Audio Magneto-telluric (AMT) survey
• Processing and interpretation of AMT data
Victor Project – “The Next Mt Isa”
• Grant of new tenements – EPM25264 and EPM25843
• Data compilation and modelling of geophysical data
Greenvale Project
Riesling Project
• Completed - initial drilling program
Summary 2016 – Zinc-Lead-Silver
Greenvale Project (Zinc-Lead-copper-silver)
New EPM application
• Application – EPMA 26165 “Cockie South”
• Successfully obtained priority applicant status
Drilling program planning
• Completed - geophysical data compilation and modelling
• Completed - target generation
• Completed - drill program planning
Summary 2016 – Copper-Gold
Commodities Focus: Gold – Zinc – Copper
• Gold – strong and proven fundamentals esp. for juniors
• Zinc – developing bull market
• Copper – price increases and favourable outlook
Tier 1 exploration projects:
• Substantial exposure to zinc and copper sectors
• 2 potential company-maker zinc projects
• Potential company-maker gold project
Exploration in 2017:
• Gold – Copper – Greenvale: drilling of drill-ready
targets
• Gold – Tick Hill: evaluate tailings project and
underground exploration project
• Zinc – Nicholson Project: $2,500,000 Earn-In by Teck
• Zinc – Victor Project: developing exploration programs
Focus for 2017
New project acquisition opportunities
• Commodities cycle timing – now is the opportune time
• Commodity sectors – Gold, Zinc, Copper focus
• Project types
– advanced stage exploration or pre-
production
– strategic exploration position
• Industry sector-leading Board skill-set
– very low transactional costs, high efficiency
– acquisition procedures and tools in place
Low company overhead costs
Focus for 2017
Gold – 2017
Tick Hill – Two projects
Tailings reprocessing assessment
• Old mine tailings
• Mine rock dumps
• Potential residual underground ore
Exploration opportunity
• High grade historic gold production513,333 ounces of gold at a recovered grade of 22.6 g/t gold
• At $1,466/ounce worth A$753 million
• Granted mining leases
• Excellent exploration target - the faulted offset of
the mined gold shoot
• Potential for discovery of another 500,000oz ore
body
Gold – 2017
Tailings Dam Assessment
Drill ProgramWestern Paddock
g/t Au
Eastern Paddock
g/t Au
Overall – Tailings Dam
g/t Au
First Stage Program 0.73 1.42 1.04
Second Stage Program 0.88* 1.43 1.12*
Overall (g/t) 0.81* 1.42 1.08*
• 55 air-core holes, 398m drilled, 373
geochem samples
• Metallurgical test work indicates:
• Significant water-soluble gold content –
11-15%
• Cyanide leach – 95% - 98% recovery of
contained gold (Fine Grind)
• Simple extraction – no refractory gold
Gold – 2017
• Process and grinding optimisation
• Process flowsheet design
• Feasibility/scoping study
Next steps
Fault
Fault
Tick Hill – Exploration Opportunity
• Evaluating datasets
• Developing exploration strategy
Gold – 2017
Gold – 2017
Gold – 2017
Steam Engine Gold Deposit
(under EPM application)
2 main gold lodes
• Steam Engine Lode
• Eastern Ridge Lode
• Southern Zone Lodes
Historic drilling
• Covered by MDL from 1991 to recent
• Extensive drilling on Steam Engine
Lode
• Shallow drilling within top 120m
• Only 1 deeper hole – confirmed
continuity
2017 program
• Establish a Mineral Resource
• Expand on Mineral Resource at Steam
Engine and Eastern Ridge Lode
Gold – 2017
Steam Engine Gold Deposit (under application)
Gold – 2017
0.03
0.03
0.02
0.02
0.03
0.04
0.04
0.03
0.03
0.03
0.02
0.02
0.02
0.01
0.02
0.01
0.01
0.03
0.02
<0.01
0.04
0.02
0.03
0.02
0.03
0.06
0.03
0.03
0.04
0.02
0.02
0.03
0.10
0.13
0.04
0.11
0.35
0.42
0.04
1.47
0.03
1.33
0.13
0.05
0.36
0.02
0.04
0.07
0.02
0.05
0.01
<0.01
<0.02
<0.02
0.01
0.02
0.09
0.11
0.03
0.140.06
0.04
<0.02
0.08
0.05
0.100.28
0.06
0.53
4.08
0.45
0.66
0.22
0.18
0.60
0.54
0.16
0.15
0.59
0.24
1.94
3.81
6.04
14.70
1.03
4.57
6.22
1.22
1.60
0.63
5.36
4.00
0.04
0.09
8.18
5.48
3.30
5.57
2.35
0.08
0.17
1.46
0.60
2.70
0.07
1.52
0.03
<0.01
<0.01
0.02
0.01
0.10
<0.01
<0.01
4.36
4.205.36
4.37
0.030.28
0.03
1.11
<0.02
<0.02
0.37
1.61
2.19
3.67
<0.02
<0.02
2.89
0.05
0.74
4.33
0.212.38
0.27
0.01
0.01
<0.02
0.02
0.06
0.21
0.16
3.08
0.18
2.32
2.04
2.24
2.40
2.66
0.07
0.05
0.04
0.07
0.07
0.04
0.08
0.44
0.32
0.01
0.01
0.01
0.01
0.01
0.01
0.01
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<0.005
0.01
0.01
0.01
0.02
0.02
<0.005
0.02
0.74
0.25
1.38
0.47
0.15
0.68
0.38
1.98
4.83
2.96
3.39
3.30
3.99
1.11
1.11
0.04
0.08
0.13
0.16
0.02
0.05
0.01
0.08
0.15
0.18
0.19
0.19
0.11
0.19
0.20
0.12
<0.01
<0.01
<0.01
<0.01
0.01
<0.01
<0.01
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0.03
1.02
0.08
0.08
<0.02
0.06
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0.01
0.02
0.02
0.02
0.02
0.03
0.02
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0.16
0.12
0.16
0.12
0.16
0.17
0.13
0.04
0.18
0.18
1.02
2.94
4.68
2.96
3.94
1.33
1.47
2.46
2.38
2.82
1.38
30m
42m
90m
31m
LS
RC
05
3
LS
RC
05
4
SE
RC
00
4
79m
130m
LS
RC
01
2
LS
RC
05
5
LS
DD
00
6
9350mE
9350mE
9400mE
9400mE
500
mR
L
500
mR
L
550
mR
L
550
mR
L
Superior Resources LimitedEPM 26165 "Cockie South"
Steam Engine ProspectDrill Hole Section 10350N
Gold Values (g/t)
2.0 to 3.0
1.0 to 2.0
3.0 to 5.0
5.0 to 100
LEGEND
0 to 0.2
0.2 to 0.5
0.5 to 1.0
Au (g/t)
Ste
am E
ngin
e Lode
0 25metres
Zinc-Lead-Copper – 2017
Zinc trends
So
urc
e : W
oo
d M
acke
nzie
Forecast global zinc production
So
urc
e : V
en
de
tta
Min
ing
Zinc trends
Forecast global zinc production
Zinc Trends
• Physical metal market
enters supply deficit
• Shift from Bear market to
Bull market – delayed
reaction
• CRU's Zinc Market
Outlook (July 2016):
“further significant price
increases look likely
through the course of next
year”
Tier 1 Projects – Large zinc-lead-silver deposits
• Victor Project – “Next Mt Isa”
• Nicholson Project – Teck Earn-In and JVA
Zinc-Lead-Copper – 2017
Mount Isa to Century - Mag (RTP) and Gravity
Magnetic Anomaly
Eastern Creek Volcanics
Basalts – Copper Source
Magnetic Anomaly
Basalts? – Copper Source
Major Structure
Magnetics and Gravity
Mount Isa – within
sediments adjacent
or over Basalts
MI2
Major Structure
Magnetics and Gravity
Mount Isa to Century - Lead and Zinc
Zinc-Lead-Copper – 2017
Soil Lead Anomalies
Zinc-Lead-Copper – 2017
Nicholson Project (Teck JVA)
• Mt Isa Style zinc-lead-copper
• Earn-in and JVA – Teck Australia
• Teck proceeds to Earn-In
- $2.5m exploration spend
• Audio Magnetotellurics (AMT) survey
completed
• Preliminary results expected
December 2016
• Teck can earn 70% by:
– minimum expenditure of $250,000 by 30
September 2016 (or paid in cash); and
– $2,250,000 expenditure by 31
December 2018.
Nicho
lson
River
InterpretedPyrite Body
VTEMAnomaly
EPM15670
EPM15670
EPM18203
EPM18203
EPM18203
8020000 N
8010000 N
190000 E 200000 E
210000 E 220000 E
8030000 N
190000 E 200000 E 210000 E 220000 E
8020000 N
8010000 N
8030000 N
Fish
River Fault
Fault
River
Nicholson
Calvert Fault
0 5 10km
Geology after SPQ, GA and DME
Soil and Alluvium
Mesozoic Sediments
South Nicholson Group
Cover RocksProterozoic
Fault
LEGEND
Fish River Formation &Walford Dolomite
Peters Creek Volcanics
Nicholson Granite
Cliffdale Volcanics
Doomadgee Formation
Mount Les Siltstone
Minor lead prospect
Superior prospect
Existing drill hole
Previous Company Drilling
WalfordSouthProspect
HedleysUraniumProspect
KFWProspect
NicholsonWestProspect
WalfordCreekProspect
KingfisherEastProspect
Zinc-Lead-Copper – 2017
Superior’s zinc projects – very significant potential for Mount Isa style deposit
Five advanced prospects with potential for large Mount Isa style copper and
lead-zinc-silver deposits.
Four high priority drill targets defined.
Historically not explored.
Teck proceeding to $2.5m Earn-In – Nicholson Project
Superior holds most of the prospective ground as Exploration Permits or
Applications.
Superior holds a commanding position in zinc.
Zinc-Lead-Copper – 2017
Copper-Gold-Zinc – 2017
GREENVALE PROJECT – Drill-ready targets
• Steam Engine Gold Deposit (under application)
• One Mile Dam (VMS Copper)
• Galah Dam (Gold-Zinc-Copper)
• Cockie Creek (Porphyry Copper-Gold)
• Bottletree (Porphyry Copper)
• Halls Reward (Ninety Mile) Copper
Copper-Gold-Zinc – 2017
Copper-Gold-Zinc – 2017
GREENVALE PROJECT – Remnant of Ordovician Porphyry Belt
• Ordovician porphyry belt extends through northern NSW
• Hosts the large Cadia and North Parkes porphyry copper mines
Copper-Gold-Zinc – 2017
GREENVALE PROJECT – Cockie Creek Prospect
• Maiden mineral resource – (JORC 2004) – 13Mt @ 0.42% copper (ASX announcement 27 March 2013)
• Potential for significant porphyry copper deposit
Copper-Gold-Zinc – 2017
GREENVALE PROJECT – Galah Dam Prospect
• Large alteration zone – similarities to nearby Balcooma Copper-Zinc-Polymetallic Mine
• Historic drilling with Zinc-Gold-Copper intersections
• IP chargeability anomaly – drill target
Copper-Gold-Zinc – 2017
GREENVALE PROJECT – Galah Dam Prospect
Copper-Gold-Zinc – 2017
GREENVALE PROJECT – Galah Dam Prospect
Copper-Gold-Zinc – 2017
GREENVALE PROJECT – Galah Dam Prospect
Copper-Gold-Zinc – 2017
