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Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
Building a tantalum supply for the EU
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Building a tantalum supply for the EU

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Objective Capital's Rare Earths, Speciality & Strategic Metals Investment Summit 2011 …

Objective Capital's Rare Earths, Speciality & Strategic Metals Investment Summit 2011
Ironmongers' Hall, City of London
17 March 2011
Speaker: Greg Pendura, Solid Resources

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  • 1. RARE EARTHS, SPECIALITY& STRATEGIC METALSINVESTMENT SUMMIT Building a tantalum supply for the EU Greg Pendura – Managing Director, Solid ResourcesIRONMONGERS’ HALL, CITY OF LONDON ● THURSDAY, 17 MAR 2011www.ObjectiveCapitalConferences.com03/02/11
  • 2. Precious and Rare Metals ExplorationSpring 2011 Presentation
  • 3. Disclaimer Certain information regarding Solid Resources Ltd. (SRW) contained herein may be deemed forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although SRW believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. SRW cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what SRW currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements could include exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITYSolidResources.com TSX.V: SRW FSE: YRS
  • 4. Highlights • Spanish rare metals property – former tin mine • Proven mineralization –Tin, Tantalum, Lithium, Niobium, Cesium and Rubidium “As the potential for commodity • 43-101 qualifying report – March 2010 scarcity escalates, M&A activity in the global mining sector will • 29 hole drill program as of January 2011 - likely intensify, mimicking a completion end Q2 2011 “global arms race.” • New leadership late 2010 – mandate to attract capital & bring focus - $1.25 million raised Nov. PricewaterhouseCoopers 2010. • World class geological team Objective • Add tonnage to enhance known reserves • Substantiate commercial viability of a large scale mining operationSolidResources.com TSX.V: SRW FSE: YRS
  • 5. Spain – Doade-Presqueira Property Overview About 25 KM’s east of the port city of Pontevedra in northwestern Spain. Pontevedra OurenseSolidResources.com TSX.V: SRW FSE: YRS
  • 6. Spain – Doade-Presqueira Property 2011 Drill Program Goal: To prove the continuity of the mineralized dykes, which would lead to an Open Pit operation in the north and an underground mine in the south. - Commenced January 9, 2011 -29 holes - 3,500 metres -16 hole, 2,000 metre in-fill drilling in the North Zone (open pit) -13 hole, 1,500 metre drill program to target the South Zone -12,108 acre concession - Expected duration: 2nd QuarterSolidResources.com TSX.V: SRW FSE: YRS
  • 7. Spain – Doade-Presqueira Property 2010 NI 43-101 Qualifying Report: Average assay results from the 17 hole 2003 and 2005 Drill Programs returned the following average results: - Tantalum 228 g/t - Tin 1,271 g/t - Lithium 3,405 g/t - Niobium 137 g/t Widths ranged from one metre to 10.8 metresSolidResources.com TSX.V: SRW FSE: YRS
  • 8. Spain – Doade-Presqueira Property . The Economics – 454 grams = 1 lb Tantalum 228 g/t $130/lb $65/t Tin 1,271 g/t $14/lb $39/t Lithium 3,405 g/t $3/lb* $11/t Niobium 137 g/t $21/lb $7/t Total $122/t Average assay results from the 17 hole drill program - 2003 and 2005. NI 43-101. * Lithium Carbonate production cost is $1.50/lb.SolidResources.com TSX.V: SRW FSE: YRS
  • 9. Spain – Doade-Presqueira PropertySolidResources.com TSX.V: SRW FSE: YRS
  • 10. Mergers & Acquisitions Global mining M&A set to accelerate “Scarce opportunities for mega deals have prompted more in 2011: report senior miners to acquire junior mines and exploration companies earlier in their life cycle." PricewaterhouseCoopers Many mining and metals companies are looking for acquisitions to fast track supply pipelines, driven by “Junior mining & exploration companies confidence in ongoing underlying demand in are in play. Of late, investors have noticed a shift in China, India and Latin America. We are seeing a lot capital and investing dollars towards the small and larger lists of potential buyers than there are assets available.” micro-cap markets.“ Ernst & Young PricewaterhouseCoopers “Large private funds, including pension funds that M&A activity in the global mining sector is traditionally avoided the mining sector are attracted to expected to accelerate in 2011, fuelled by strong the potential for long term returns offered by a commodity prices and repaired balance sheets, advisory and commodity “super cycle.” Funds are likely to focus accountancy firm investments on near developed or producing projects in Ernst & Young politically stable regions.” PricewaterhouseCoopersSolidResources.com TSX.V: SRW FSE: YRS
  • 11. Rare MetalsSolidResources.com TSX.V: SRW FSE: YRS
  • 12. Tantalum: Rare Metals $130 / lb Uses: Cell Phones, Computers, Video Cameras - electronic Capacitors (stores & releases electrical energy) & Prosthetic Devices. Supply: 25-35% Western Australia; Africa - “Conflict Mineral” Outlook: US pressure to end use of “Conflict Minerals”. The electronics industry is driving its demand as the world becomes more and more reliant on technology.SolidResources.com TSX.V: SRW FSE: YRS
  • 13. Tin: Rare Metals ~$14 / lb Uses: Alloyed materials (brass, bronze & pewter), Window glass & Corrosion prevention Supply: 5% Congo - “Conflict Mineral” Outlook: In a strong bull market for metals, tin has been the outstanding performer, with prices surging above $31,000/tonne ($14/lb). Analysts and industry authorities are now predicting further rapid rises to $40,000 or $50,000/tonne, ($18 - $23/lb.) based on expectations that demand will continue to outstrip supply. CRU/The Independent AuthoritySolidResources.com TSX.V: SRW FSE: YRS
  • 14. US Government Working to Cut-off the Conflict-Mineral Trade Tantalum Investing News – Melissa Pistilli June 10, 2010 The electronics industry is the largest consumer of the minerals, including tantalum & tin that are behind the ongoing war in the eastern provinces of the Democratic Republic of Congo that has led to the murder, torture, rape and enslavement of the region’s population. US companies are coming under increasing pressure by the Obama administration to stop using materials originating from the conflict-zone in eastern DRC.SolidResources.com TSX.V: SRW FSE: YRS
  • 15. Lithium: Rare Metals $3 / lb Uses – Rechargeable batteries, Glass & Ceramics, Lubricants & Chemicals, Medications & Fusion Energy. Outlook – Hybrid gasoline / electric vehicles with lightweight Lithium batteries are expected to significantly impact future demand.SolidResources.com TSX.V: SRW FSE: YRS
  • 16. Rare Metals Continued... Niobium Uses: Steel production, electronics and super magnets Cesium Uses: Biomedical devices & magnetometers. Rubidium Uses: Specialty ceramics & glass, aerospace alloys & biochemistrySolidResources.com TSX.V: SRW FSE: YRS
  • 17. Opportunity in Peru • 1,000 hectares in Northwestern Peru • Right to purchase 100% for $500,000 (USD) • Gold, Silver, Copper Assay Results From grab samples of mineralized outcroppings  Gold - .5 g/t - 30 g/t  Copper - up to 1%SolidResources.com TSX.V: SRW FSE: YRS
  • 18. Corporate Listing Details Symbol SRW – TSX.V ; YRS – FSE Shares Outstanding 79.37 million Options 6.85 million Warrants 43.10 million Fully Diluted 129.32 million Cash $1 million Insider Holdings 15%SolidResources.com TSX.V: SRW FSE: YRS
  • 19. Management & Board of Directors Greg Pendura, CEO, President & Director • Mr. Pendura has more than 35 years of experience in founding, financing and advising emerging private and public companies. Rick Gliege, COO, CFO & Director • With over 20 years of leadership and advisory experience as a senior manager in the public and private sectors, he brings to Solid knowledge in strategic planning, operations, marketing and development. Randy Hayward, B. Comm, LLB – Chairman • Mr. Hayward has maintained a successful law practice in Edmonton, Alberta for 20 years. He has worked with numerous private and public companies for 15 years – roles include raising investment capital, corporate communications, business development and various other positions. Harry A. McKinders – Director • Mr. McKinders joined Solid Resources in 1995 and became a Director in 1998. He has had broad experience in the investment field and has provided consulting services to numerous public and private companies over the years.SolidResources.com TSX.V: SRW FSE: YRS
  • 20. Geological Team Tony Spat, M. SC., P. Eng., Advisory Board • Mr. Spat has had a truly remarkable career as an international exploration geologist and engineer. Received the "Special Achievement Award" from the Prospectors and Developers Association of Canada in 2005 for the discovery of the Angostura gold-silver project in Columbia Dr. Rolf Burkhardt, PhD. Geol., Geologist • Dr. Burkhardt as more than 40 years experience as a Geologist worldwide, has managed and supervised various successful exploration projects, speaks German, English, Spanish, Portuguese and Italian. Dr. Alfonso Gracia, PhD, Geologist, Solid Mines Espana • Dr. Gracia has worked in geological exploration and evaluation of mining projects for 35 years, on over 100 projects in five continents, has also undertaken further studies in Business & Environmental Engineering. Dr. Peter LeCouteur, PhD, P. Eng., Geologist, Advisory Board • Dr. LeCouteur has been involved in mineral exploration since 1967. He has been involved in the exploration of tantalum, lithium, niobium, zirconium and rare earths, gold, silver, uranium, diamonds and many more.SolidResources.com TSX.V: SRW FSE: YRS
  • 21. Conclusion • Spanish rare metals property – former tin mine • Proven mineralization –Tin, Tantalum, Lithium, Niobium, Cesium and Rubidium • 43-101 qualifying report – March 2010 • 29 hole drill program as of January 2011 - completion end Q2 2011 • New leadership late 2010 – mandate to attract capital & bring focus - $1.25 million raised Nov. 2010. • World class geological team Objective • Add tonnage to enhance known reserves • Substantiate commercial viability of a large scale mining operationSolidResources.com TSX.V: SRW FSE: YRS
  • 22. Stay Connected! Visit http://SolidResources.com For further information contact: Solid Resources Ltd. The Howard Group Inc. Greg Pendura, President & CEO Dave Burwell, Investor Relations Tel (780) 800 0726 Tel (403) 221 0915 Info@howardgroupinc.comSolidResources.com TSX.V: SRW FSE: YRS

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