Surefire Resources NL


Primary ticker: ASX:SRN
Stage of development: Exploration, Development
Primary minerals: Vanadium, Gold, Magnetite, Basemetals, HPA, Lithium
Project to promote: Victory Bore Vanadium, HPA Project
Project location: Australia

Surefire Resources is an Australian mineral exploration company based in Perth, Western Australia (WA). The company holds mineral exploration licences over Vanadium, Magnetite and Gold projects located in WA. Its focus is on adding value to shareholders by advancing its Victory Bore vanadium critical and battery minerals project, a 321Mt JORC resource located close to existing infrastructure and currently in Pre-Feasibility stage. In addition, its large magnetite project with up to 1Btonnes of high grade Iron and its Gold project have potential to add considerable value to the company. 

Cash: AUD$1.5M
Debt: NIL

Major shareholder:
Management Ownership – 18%

Management Profile

Paul Burton – Managing Director

Mr Burton is a corporate resource executive and geologist and mineral economist with over 30 years of industry experience, exploration, feasibility studies and business development.

What is your rationale for taking part in 121 Mining Investment?

Bringing Surefires projects to investors

What recent news would you like to highlight to investors attending?

“Victory Bore Vanadium project propelled to world class status with >1.5B resource” – it was our last ASX release

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Progress PFS, Drilling and upgrading projects


6 Months:

Progress PFS, Drilling and upgrading projects

What do you think makes your company such a compelling investment?

Three high value,  large projects in excellent locations with a low share price is a compelling opportunity 

What are the top 3 key investor takeaways?

Exposure to Vanadium, HPA, Gold and Magnetite in WA with low entry cost