2. TSX.V: SRW FSE: YRSSolidResources.com
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 SECURITY
6. TSX.V: SRW FSE: YRSSolidResources.com
Iron Ore Supply & Demand
The Next 20 Years
Source: Rio Tinto, Dec., 2012
Demand from China will continue its steep
climb before peaking in 2030DDemand from
China will continue its steep climb before
peaking in 2030
7. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
Geology
LIMESTONE
MAGNETITE
OFITAS
Massive magnetite with beaded
morphology is embedded in Ophites in
the wall and Limestone in the ceiling.
Excellent response to magnetometry
The mineralization is associated with
intrusive sub-volcanic rocks of ofito-
doleritic composition
Massive Magnetite Dykes
Natural outcrop at the surface of a
massive magnetite occurrence
8. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
• 62 existing valid mining concessions 1,030 Ha (Red)
• Extension to 3,000 Ha (Blue)
• Applied to increase for additional 3,630 Ha (Green)
• Total – 6,630 Ha (66 sq Km’s)
• 90 year operating licences
Option Agreement:
• No time limit or financial commitments
• Solid earns 100% upon exercise with no royalties
• € 900,000 once 1st
mining permit in place
• € 2.1 million for 2nd
mining permit on remaining 61
concessions
9. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
Mining
nnn
Open pit with an historical average strip ratio of 2.7:1
Planned Production: 1 million tons per year
CAPEX: (upgrade of infrastructure, mining
equipment & processing plant) - $60 million
Primary Crushing Plant Mina Maria
Tailings at Mina Maria Plant
10. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
Historical Data
• 38,043 metres drilled
• 23,528 magnetometry stations
• 23,697 magnetic concentration tests
• Historical production data
Magnetometry Profile – Colossus Concession
Geological & Magnetometric Profile - Soledad Mine Underground Mining in Edison Deposit Pending Exploration
11. TSX.V: SRW FSE: YRSSolidResources.com
3D Model of Historical Drilling - Soledad
Orebody open to the West and East Orebody open at depth
12. TSX.V: SRW FSE: YRSSolidResources.com
3D Model of Historical Drilling El Coloso
Longitudinal – Orebody open to the West and East Profile – Orebody open at depth
13. TSX.V: SRW FSE: YRSSolidResources.com
3D Model of Historical Drilling - Villamejor
Orebody open at depth and to the north Orebody open at depth
14. TSX.V: SRW FSE: YRSSolidResources.com
3D Modeling Soledad
3D Model of Soledad shows the
orebody open to the East & West
Several holes were drilled to
over 200 meters, which
intersected many magnetite
layers at depth.
The focus of the original
operating company – AHV was
to only prove out sufficient
quantity and grades for open pit
operations of up to 30 meters
15. TSX.V: SRW FSE: YRSSolidResources.com
Historical Analysis
Orebody Open At Depth
Designed Open Pit
El Coloso
16. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
• Current analysis of the historical drill data supports an upgrade of the measured and indicated
reserves to a minimum of 27 Million Tons. This is on only 3 of the 62 concessions
• Strike zones in excess of 1,000m in length and with a thickness of 15-50m.
• Aerial magnetometric information supports potential Inferred Resource of over 100 Million Tons
All of the "reserves" and "resources" described and documented by previous operators are considered to be "Historic
Resources" under NI 43-101, as they were estimated prior to February 1, 2001. Solid is not treating any of the
estimates as a current NI 43-101-compliant resource, and the historical estimates should not be relied upon,
however, management does consider these to be accurate and is taking measures to upgrade to a NI 43-101
compliant resource.
Cehegín Iron Ore Reserves
December, 7, 2012
Million Tonnes Fe % DTWR % DT %
Measured 7.63 39 41.5 64.6
Indicated 5.93 31 42.1 63.4
Measured & Indicated 13.56 35.5 41.8 64.1
Inferred 62.50 40 41.7 65.3
17. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
Quality
OTCQX: SLDRF
Category Concentrate %
Iron 65.19
Manganese 0.05
Silica 3.99
Alumina 1.73
Calcium Oxide 0.28
Magnesium Oxide 1.80
Potassium Oxide 0.06
Sodium Oxide 0.016
Sulfur 0.01
Phosphorus 0.04
Zinc 0.004
“The ore processed in Cehegin was almost exclusively high
quality magnetite concentrate, easily obtainable by physical
processing (grinding and wet magnetic separation) of up to
68% iron. These values normally correspond to concentrates
of “Premium” class.”
Dr. Alfonso Gracia, Senior Geologist
The ore processed in
18. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
Infrastructure
• The Port of Cartagena – 104 Km’s from Cehegin Concessions
• Rail to the Port of Cartagena and throughout all of Europe
• Excellent toll-free highway
• Port of Cartagena handles up to 400,000 ton vessels
• Cehegin features on-site Hydro & Water
• Calasparra Rail Station 12 Km’s from Cehegin Concessiont
19. TSX.V: SRW FSE: YRSSolidResources.com
Cehegin Magnetite Iron Ore Concession
Political & Economic
Pro-Mining Spain – Motivated to “Dig itself out of Recession”
• Considered one of the most mineralized countries in Europe
• Spain is considered “Ground Zero” for the European mining revival
• Politically stable mining environment, with world class infrastructure
• 30% corporate tax rate with no government royalties
• Exploration subsidies of 20% granted to Solid for 2011 & 2012
• First year CAPEX can be written off/further subsidies available
•
21. TSX.V: SRW FSE: YRSSolidResources.com
Uses: 70% Electronics; 15% Alloy Agent; 10% Corrosion Resistance; 5% Medical
Science
Supply: Current shortfall of 21%.
Outlook: The electronics industry is driving its demand as the world becomes
more and more reliant on light-weight technologies.
Tantalum
$125 / lb Concentrate
$200 / lb Oxide
“A price increase of over 150% in a year.”
22. TSX.V: SRW FSE: YRSSolidResources.com
Tantalum
One of the world’s largest tantalum
processors
''We do not purchase any raw
materials from the Democratic
Republic of Congo or adjoining
countries, even if we are offered
material with allegedly official
certifications from other state
authorities.''
The act outlines Conflict Minerals
legislation.
SEC prohibits the purchase of “conflict
minerals.”
Legislation now requires audited paper
trail of purchase
Dodd-Frank Wall Street Reform Bill
and Consumer Protection Act - 2010
23. TSX.V: SRW FSE: YRSSolidResources.com
Tin
Tin: ~ $10.00/lb.
Demand: 52% soldering for
electronics, 17% tinplate for
canned goods. Also for alloyed
materials.
24. TSX.V: SRW FSE: YRSSolidResources.com
Lithium
$2.75 / 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.
25. TSX.V: SRW FSE: YRSSolidResources.com
• Unique Objective: Become the major European tin/tantalum/lithium
production mine
• Assays speak volumes: Multi-year drill programs (2003, ‘05, ‘11 & ’12)
Each year showing dramatic zone extension
• 2012 Final Drill Program Completed
In-fill Drill - 4-5 Mt measured & indicated reserve in only the north zone
100t Pilot Plant - completed
Scoping Study – completed
Water & Environmental surveys - underway
On Time, on Budget
• Application for mining permit submitted to Mining authorities
Preliminary approval of 1,500 ton per day (“tpd”) operation
• CAPEX - $25 million
• Near Term Production & positive cash-flow
Alberta-1 Tin/Tantalum/Lithium
26. TSX.V: SRW FSE: YRSSolidResources.com
Alberta-1 Tin/Tantalum/Lithium
Massive Pegmatite Dykes on property
beside secondary highway
“In the north section, the 2003 & 2005
drill programs encountered mineralised
pegmatite dykes with a maximum
thickness of 15.2 metres, whereas the
average in the 2011 & 2012 drill
programs was 16.25 metres with a
maximum thickness of 26 metres.”
G Greg Pendura, President & CEO
27. TSX.V: SRW FSE: YRSSolidResources.com
Alberta-1 Tin/Tantalum/ Lithium
2012 Drill Program Overview
Area of 2012 Drill Program which upgraded the inferred
and indicated to become NI 43-101 compliant
“measured” resource to meet the requirements of the
Spanish Mining Authorities for a Mining Permit.
Average economical grades for just the northernmost
“open-pit” zone – Presqueiras:
•633 ppm Tin (~1.5 lbs./t @ $10.00 lb.)
•91 ppm Tantalum ( 1/5 lb./t @ $125 lb.)
•0.45% Lithium (~10 lbs./t @ $2.75 lb.)
•Commercial value ~ $67/t
Yellow line indicates the 11 km mineralized pegmatite
strike zone for the entire 3,690 Ha (36 sq. Km’s) Alberta-1
concession
infill classified
28. TSX.V: SRW FSE: YRSSolidResources.com
Alberta-1 Tin/Tantalum/Lithium
Presqueiras (Northern Zone)
PresqueirasResource Class Tonnes
(Millions)
Ta205
(Tantalum)
ppm
Sn
(Tin)
%
Li20
(Lithium)
%
Nb205
(Niobium)
Ppm
Measured 3.15 96.7 0.065 0.45 91.3
Indicated 1.67 80.1 0.06 0.46 86.0
Measured
&
Indicated
4.83 91.0 0.063 0.45 89.4
The 2012 Drill Program met the directives of the Spanish Mining
Authority to upgrade the previous 1.6 Mt measured & indicated
resource estimate to 4-5 Mt’s to advance to a Mining Permit
Application.
Represents less than 5% of the entire mineralized zones
April 30, 2013 Resource Estimate
29. TSX.V: SRW FSE: YRSSolidResources.com
Alberta-1 Tin/Tantalum/Lithium
Southern Zones
2013 Scoping Study NI 43-101 Resource Estimate
April 30, 2013Scop
Southern Zones Grades: Tantalum - 50% higher
Tin - 20% higher
Total Measured, Indicated & Inferred – 16.6 Mt’s
Southern Zones
30. TSX.V: SRW FSE: YRSSolidResources.com
Corporate Listing Details
Symbol SRW – TSX.V; YRS – FSE
Shares Outstanding 120 million
Options 13 million
Warrants 36.5 million (14 million expire January 2013)
Fully Diluted 169.5million
31. TSX.V: SRW FSE: YRSSolidResources.com
Management & 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.
Ven Côté, Director - Mr.Côté, as the President, CEO and original founder of ZCL Composites Inc., from 1987 until
retirement in 2010, led the largest manufacturer and distributor of Fiberglass Underground Storage Tanks and
accessories in North America, with revenues in excess of $100 million per year. In 2008, Mr.Côté was named
Entrepreneur of the Year ® (Prairies Region) by the global accounting firm Ernst & Young LLP. Under his leadership,
ZCL was named as one of Canada’s 50 Best Managed 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.
32. TSX.V: SRW FSE: YRSSolidResources.com
Geology Team
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..
David Henstridge, P. Geol., Advisory Board - David brings over 37 years in the mining
industry including 20 years in the management of public-listed mineral exploration
companies. He has managed numerous advanced exploration projects throughout
Australia, Europe, North and South America.
Tomás Vecillas Fernández. – Mining Engineer - Tomás Vecillas is a graduate of the Technical
University of Madrid with over 20 years of experience in all stages of the industrial
mining sector: exploration, development, starting-up of mines, operation and financing.
He is a Member of the Official Association of Mining Engineers of Spain (Colegio Oficial
de Ingenieros de Minas de España) and the Australasian Institute of Mining and
Metallurgy (AussIMM).
Manuel Prieto de Dios, M.Sc, Geology - Manuel Prieto is a senior geologist with over 24
years of experience in exploration, evaluation, mining geology and petroleum. He is a
Member of European Geologist Association “Ilustre Colegio Oficial de Geologos” and is
a Qualified Person for NI 43-101 reporting.
33. TSX.V: SRW FSE: YRSSolidResources.com
Primary Corporate Focus
To Enhance Shareholder Value
Options Moving Forward:
1.JV OR SELL FORWARD TO A SUITABLE END USER
2. JV WITH SUITABLE MINING COMPANY
3. SELL CONCESSIONS OUTRIGHT
34. TSX.V: SRW FSE: YRSSolidResources.com
Visit http://SolidResources.com
For further information contact:
Solid Resources Ltd.
Greg Pendura, President & CEO
Tel (780) 800 0726
Stay Connected!