SBI's mission is to build a portfolio of exploration and mining projects to create shareholder value while contributing to de-risking the supply of critical raw materials for the European metal processing sector. This goal shall be pursued in two steps. In the first step SBI will be raising between 0.5 million and 1.0 million Euro to prepare listings of SBI convertible stock at the stock-exchanges in Toronto and Melbourne. In a second step SBI will be seeking to raise up to 500 million currency units as a currency basket denominated in Euro, Australian Dollars and Canadian Dollars (One third each). At the ASX SBI will be seeking to raise up to 400 million currency units to finance purchases of substantial shares in battery metal producing mining operations in Western Australia during the WA Battery Metal Initiative. In Canada SBI will be seeking to raise up to 100 million currency units as flow-through shares under Canadian Tax Laws to finance exploration activities.
SBI will collaborate with local partners to explore greenfield projects, and while the corporate management will remain with the local partners, SBI is contributing European Know-How to support the optimisation of the technology and processes applied on the project. The German parent company, SBI Germany, will thereby function as a holding company for several affiliated companies across the globe. SBI's objective is to use their equity in the affiliated companies to direct their share or percentage of produced metals and concentrates to the European market. Hence, shareholders with metal processing activity will not only benefit from the return on investment from developing exploration projects, but also from the access to metals and raw materials they acquire.
The first target markets for active exploration are Australia and Canada. Both countries are among the most politically and economically stable and are very rich in mineral resources. SBI Germany, represented by Mr. Hans-Werner Kummerow, has been successful in securing an exploration license for an area of approx. 84 sq km (28 graticular blocks) in the northern part of New South Wales in Australia. EL 8822 is located within the Drake Volcanics, south-east of White Rock Mineral's well-known Mt Carrington Mine. In New England, with its pleasant climate and proximity to infrastructure, SBI is planning to actively explore for copper, zinc, silver and gold. In doing so, SBI will test, apply, and further develop with the help of cutting edge technology from Europe.
In Canada, SBI strives to utilise the Canadian flow-through share system to finance active exploration for greenfield deposits. In addition, SBI Germany will actively promote an adoption, of the flow-through share system at the European Commission in Brussels as a meaningful tool to support the rejuvenation of a European mining and mineral exploration industry.
Exploration Licence EL 8822 (EV-Battery Metal Project NSW) is located in northern New South Wales (NSW), Australia in the New England Fold Belt. The New England Fold Belt extends northwards from the Sydney Basin through New South Wales and Queensland. The rocks of the New England Fold Belt date from the Cambrian through to the Permian. In the Early Permian and Triassic, volcanic sequences were deposited from a volcanic arc in the east. Intrusions were emplaced into the sedimentary and volcanic sequences.
At EL 8822 , Late Permian (Drake Volcanics) were deposited on the Gordonbrook Serpentinite (altered and sheared Cambrian volcanic rocks). The Drake Volcanics are exposed in a NW-striking structurally controlled belt that wraps around the SE exposed contact of a younger granitic intrusion (Bungulla Ademellite). The Drake Volcanics are silicic and intermediate in composition, dominated by volcaniclastic andesite, intruded by potentially contemporaneous sub-volcanic andesite and rhyolite porphyry (north-east trending magnetic highs within the volcanics). The geological setting suggests long-lived volcanic and sub-volcanic activity. Several copper, zinc, silver and gold prospects have been identified by early mining and past explorers. Mineralisation may be intrusive-related (including porphyry-style), epithermal (high SuIphidation and low SuIphidation) or volcanogenic. The EL has been more extensively explored for gold than base metals and has been neglected by past explorers, that have focused on the Mt Carrington Project to the north-west of the EL which is located within a volcanic centre.
The objective of the Ewingar Project is to undertake exploration to establish the potential for a significant copper-based resource that would support a Cu (Zn-Ag-Au) mining operation.
Stream sediment samples have been taken by earlier explorers across most of the area. Some prospects have been followed up with more detailed mapping and rock chip sampling. Rock chip samples have returned high copper and zinc values in some locations. A sample near Green Snake Prospect returned 2.1% Cu and 8.8% Zn (White Rock Minerals, 2015, EL 6453).
Six shallow diamond core drill holes were completed at the Just-In-Time prospect by Kambalda Minerals NL in 1970. All six holes intersected narrow vein sulphide mineralisation below historic workings indicating a northeast-trending vein complex that dips steeply west (parallel to magnetic anomalies interpreted to be dykes). The drilling data to verify the exact location of the holes, the drill core recovery, sampling and assay methods have been found at a public drill-core library near Sydney. There have been no other drill holes completed in the EL since 1970.
First exploration results from a review of 50 year old drill-cores have confirmed the presence of copper, zinc and silver in the Drake Volcanics. Exploration is at an early stage and the size and depth of any minable orebodys needs to be determined by further exploration results.
SBI will bring cutting edge exploration technology from Germany to the Drake Volcanics to scan 2000 meters deep into the existing geological formations to collect more information on any possibly present orebodies. In case a future mining operation should appear economically feasible, it most likely will be an underground mine into deeply buried porphyry copper formations with comparatively little impact above the ground.
SBI is inviting the local community to monitor our future exploration progress and is asking for support on our efforts to supply battery metals for electrical vehicles and battery storage. SBI is aiming towards an environmentally friendly new mining operation in Northern NSW.
SBI-AG's CEO Hans-Werner Kummerow has told his German exploration team: "We consider ourselves guests in Australia and, in addition to the Exploration License we have received from the NSW Government, we need the acceptance of the local community for our NSW operation."
Nowadays, the demand for certain metals can shift on relatively short notice. The reason being, for example, that electric cars require three to four times as much copper as cars with combustion engines; Car manufacturers like BMW replace large amounts of steel previously used for the car bodies with fibreglass-reinforced plastics; large battery packs, depending on which kind of battery technology, require significant amounts of lithium, cobalt, graphite, and nickel. Therefore with industry and technology driven changes, the demand for certain materials make it necessary to develop new mineral deposits and build new production facilities.
As a new, lean and agile enterprise that does not have the burden of uneconomical legacy investments, SBI can rapidly adjust to shifting demands and focus on current demand while preparing for the demand of tomorrow. In addition, shareholders can tell us what their expectations are for the coming years so that we can focus on meeting our stakeholders’ future needs.
The Australian subsidiary, 100% owned by SBI Germany, allows SBI to direct activities at the future exploration, testing and proving site in NSW in Eastern Australia.
SBI will conduct all trading of metals through established metal exchanges such as the London Metal Exchange and the Hongkong Mercantile Exchange. These metal exchanges have developed a set of rules that every trader needs to adhere in compliance. For instance, only refineries that have previously been approved by the metal exchange, are accepted to deliver materials for trading. In addition, their products need to comply with the purity standards that have been set by the exchange. The transport of all materials needs to be handled by approved good delivery forwarders. Contracts can only be signed by traders that have been approved for trading activities at the exchange. Therefore, from refinery to warehouse, and from warehouse to final customer, there is a good delivery chain in place that is handled by specially approved dealers. SBI will be channelling all delivery activities through a metal exchange to make sure all deliveries comply with accepted industry standards.
However, SBI is planning to go beyond existing trading options. Since all our shareholders will be metal processing operations and since SBI will build its own production portfolio, we want to offer our shareholders an intra-company hedging platform based on blockchain software such as Openchain. Within this hedging platform, SBI will be offering long term call contracts for its shareholders only. Once this trading platform goes live, our shareholders will have access to previously unknown, low cost hedging opportunities. Nevertheless, all physical deliveries will still be performed via existing metal exchanges and their good delivery chains. Due to legal reasons, these alternative trading options can be offered to company shareholders only, once SBI's mineral production is established.
SBI will also use its contacts of mining operations all over the world and offer, exclusively to our shareholders, a small collection of extremely rare mineral specimens that are very hard to find. Such as, for example, patterned high-grade gold oreshoots in hydrothermal quartz veins that are stable enough to be sawed and polished. The gold in those oreshoots typically consists of about 90% pure gold and 10% pure silver, depending on where the specimen was mined. Another option are very shiny opals from Australia. To make access to these rare specimens easy for you, we have asked a German gold smith to create unique pieces of jewellery from these specimens that make truly unique, one of a kind jewlery and, if desired, beautiful handmade gifts. Please view our gallery below. Prices vary according to the bullion spot-price of gold and silver at the daily London fixing. For a quote, please send us a request through our contact form providing your address registered with us in the shareholder list.