Sheffield Resources Limited

Mining

Sheffield Resources Limited (SFX) is a mineral exploration company with a bulk minerals focus. SFX has a portfolio of mineral sands, nickel, potash, talc and iron ore projects, all located in the state of Western Australia. The Company's mineral sands projects comprise of: The flagship high-grade, zircon-rich Thunderbird Mineral Sands Project located on the Dampier Peninsula midway between Broome and Derby in the Canning Basin of Western Australia; The Eneabba project, located near Geraldton in Western Australia’s Mid-west region; The large scale McCalls chloride ilmenite project, located 110km north of Perth in Western Australia; and The Central Canning project, located 350km south of Thunderbird in the Canning Basin of Western Australia The Barton project, located in the north eastern Eucla Basin of South Australia. The Thunderbird Mineral Sands Project is Sheffield’s flagship project due to its scale, grade, zircon content and its potential to produce premium products which could displace lower quality products in the market. The Company completed a Bankable Feasibility Study (BFS) in March 2017 which confirmed Thunderbird as a world class mineral sands project based on a 42-year mine life and significant annual production of zircon and ilmenite.