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Competent Person
The Competent Person responsible for the technical information contained in this presentation is Mr James Hogg, Addison Mining Services, a Member of the Australian Institute of Geoscientists
and a Competent Person as defined under JORC 2012 rules.
All market capitalisation figures in this presentation date from 20 November 2017
The Competent Person has not been able to verify the results of historical data from soil sampling, rock sampling and drilling described in this report. Although the Authors have no reason to doubt
the results described, they should be considered as indications of the presence of mineralisation only and may not accurately reflect true metal concentrations and mineralized thicknesses.
Overview
BACKED BY INDUSTRY
Sweden: 7 Gold Project Areas (18 licences), JV drilling started on two projects in 2017
Ireland: advanced zinc prospect with regional potential
Multiple drill programmes in both countries for 2018
1
Value Through Discovery
Discoveries result in return multiples even during commodity price downturns.
Exploration success is a key point of value creation in the mining cycle
Sirius Resources
Drill-ready projects
A$0.09 to A$1.78
Nickel Sulphide
Discovery
Solgold Sold for $1.4Bn
1.3p to 26.7p
Cascabel
Discovery
Mkt Cap $533m
Reservoir
Minerals
C$0.65 to C$9.40
Timok JV
Sold for $365m
Erris
Resources
$9m mkt cap post-IPO
Discovery
Driven
2
Team
A team with deep technical expertise as well as
extensive corporate and capital markets experience
BOARD
Non-Executive Director, Graham Brown
Non-Executive Chairman, Jeremy Martin
Co-Winner of the PDAC Thayer Lindsley Award in
Founding director of Erris Resources, Medgold,
2011, past councillor of the SEG and current British
Rathdowney Resources and Horizonte Minerals. Over 18
Geological Survey industry advisor and Natural
years of technical and capital markets expertise, currently
History Museum honorary research fellow. Past
CEO of Horizonte Minerals. BSc (Hons), MSc, ACSM,
Group Head of Geosciences for the Anglo American
MSEG
Group
Over 22 years of technical and capital markets expertise Partner with Paradigm Capital Inc. specialising in
including: geologist for Rio Tinto, analyst at HSBC for 6 resources corporate advisory, M&A, and equity
years, CEO of exploration companies 8 years, fund manager raising. Previously mining analyst with Deutsche
for 5 years. BSc (Hons), MSc, DIC, FGS Bank and Newcrest Capital. B.Sc. (Hons) Engineering
Geology, MBA
CFO, Director, Cherif Rifaat Non-Exec. Director, Jeremy Taylor-Firth
UK Chartered Account with over 20 years of Venture Jeremy has 19 years of experience in investment
Capital, Corporate Finance, Operational Turnaround and management. He has worked at Singer & Friedlander
Investor Relations experience since his qualification with Investment Management Williams de Broe. Jeremy is
KPMG. Corporate and financial adviser to the Lithium currently an Investment Manager with Hanson Asset
mining company, Bacanora Minerals, since it listed on AIM Management, where he has worked for the last 5
in 2014. years.
SENIOR MANAGMENT
COO, Aiden Lavelle Technical Advisor, David Hall
Experienced exploration manager played a key role in Founding director of Erris Resources, Horizonte
discovery of the Pandora prospect in Djibouti. International Minerals, GoldQuest Mining Corp, Medgold, Thani-
work includes target generation, project management, Stratex Resources and Stratex International having
resource definition. BSc (Hons), MSc, MIGI, P.Geo previously worked with Minorco and Anglogold.
Currently CEO of Thani-Stratex and non-executive
Chairman of Horizonte Minerals. BA (Hons), MSc,
3 FSEG, MIGI, P.Geo
Track Record
Strong track record of discovery, resource
delineation, joint ventures and trade sale
4
Operating Countries
Ireland and Sweden have low sovereign risk, favourable mining codes, active
mines, a skilled workforce, support industries and bulk commodity infrastructure
Mining Journal, World Risk Report 2017 - Ireland WRR Score 73, Sweden WRR Score 81
“Sweden was the only non-North America jurisdiction to register a AAA rating”
“Worthy of individual mentions for the welcoming nature of fiscal policy and overall
economic environment are Sweden (81) and Ireland (80)”
5
Abbeytown District
100% Erris Resources. Project Area 159km2. 4 prospects:
Abbeytown, Skreen, Lugawarry, Streamstown
Proven mineral
district
Historically
overlooked
Carboniferous
limestones
Shallow and
high grade
Targeting
>8Mt at ~12%
combined
6
Abbeytown
Accessible
Pillar samples averaged
underground 9.2% Zn, 2.8% Pb, 91g/t Ag
workings
*Source: historic third party sampling data. Not true thickness; channel sub-parallel to mineralised structure
7
Abbeytown: Exploration Drilling and Truck in Quarry
Work funded
by JV partner
Centerra Gold
Existing mines
nearby
Targeting
>2moz
deposits
Drilling
underway
9
Brännberg (100% Erris Resources)
10
Klippen
11
Klippen Drilling September 2017
1928
Previous Operator - Boliden, limited work completed discovery
(trenching)
13
Industry Backing
Strong partners at both the Corporate and the Project level
14
Work Programme
Multiple drill-programmes, >7,000m of diamond drilling scheduled for 2018
Establish regular news flow, batch reporting, rolling results
15
Peer Table
IPO valuation at bottom end of peer group range
Oman, Finland,
Savannah
LON:SAV $56 Cu-Zn, Li, TiO2 Mozambique, Multi-commodity company, Africa and Europe
Resources
Portugal
Mawson
CVE:MAW $31 Rompas-Rapajalot Finland Nordic gold exploration
Resources
Curipamba Cu-Zn-
Adventus Zinc CVE:ADZN $36 Ecuador High grade VMS deposit
Au
AVERAGE $39
Abbeytown,
Erris Brännberg, Shallow & high grade zinc, 100% Erris.
pvt $10 Ireland, Sweden
Resources Klippen, Swedish portfolio funded by Centerra Gold
Käringberget
16
Investment Case
Key components to create value for shareholders
Discovery
Technically Driven Clean capital
Led Team with structure, no debt,
Proven Track no warrants, no
Record convertibles
Targeting new
discoveries in 2018
17
Contact Details