Slide 1: Three Iron Ore Regions
For personal use only Three Iron Ore Regions Parker Range Ready to Mine, New Copper Acquisition Mining 2012 – Brisbane, November 2012
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information • This presentation has been prepared by Cazaly Resources Limited (“Cazaly”). It contains forecasts and forward looking statements which are no guarantee of future For personal use only performance and which involve certain risks. Actual results and future outcom
Slide 3: Value: Parker Range Iron Ore Project (PRIOP)
Value PARKER RANGE IRON ORE PROJECT (PRIOP) For personal use only • NPV9: A$384M* Post-tax IRR: 129% • Based upon conservative average Fe pricing • Initial 8-9 year mine life with payback less than two years • Approvals granted – ready to mine • Esperance Port expansion supported by Government • Var
Slide 4: Parker Range: Project Location
Parker Range: Project Location • Project located in the Yilgarn Iron Ore Province situated ~400km east of Perth For personal use only • No road, rail, workforce infrastructure bottlenecks compared to the Pilbara or Mid-West • 5Mt/Yr Capacity Reservation Deed executed with Esperance Port Most advance
Slide 5: Parker Range Iron Ore Project: Mount Caudan Iron Ore Deposit
Parker Range Iron Ore Project Mount Caudan Iron Ore Deposit For personal use only Mount Caudan • 100% owned by Cazaly Iron Ore Deposit 4km strike • Total current resource of 35.1Mt @ 55.9% Fe (61.4% CaFe) • Low waste to Ore stripping ratio (2.3:1) • Mine to produce 31.4Mt @ 55.3% Fe (60.7% CaFe) pro
Slide 6: Iron Ore Product
Iron Ore Product Indicative Product Specs For personal use only Single Fines Only Product Targeted Option Fe% CaFe% SiO2% Al2O3% P% MnO% LOI% Fines 56.4 61.9 6.00 2.50 0.020 1.10 9.10 Only • Marketable product with acceptable levels of chemical impurities • Low Phosphorous product •73m @ 58.4% • Man
Slide 7: Project Scope
Project Scope Scope For personal use only • Open Pit Mining: Ramping from 2mtpa to 4mtpa • Plant: Crushing, screening & stockpiling • Road Haul: 57km on established roads to rail • Rail Haul: On public rail to port • Other: Grid power and accommodation facilities sited 14km away at town of Marvel Lo
Slide 8: Esperance Port Sea and Land (EPSL)
Esperance Port Sea and Land (EPSL) An Iron Ore Port For personal use only • Currently capable of exporting 12Mtpa. Cliffs Natural Resources currently utilise ~10Mtpa for iron ore • 20Mtpa expansion planned in two stages recently announced by the State • State government have also committed $120m to
Slide 9: Parker Range Project Summary
For personal use only Parker Range Project Summary • Potential to deliver new iron ore mine in the Yilgarn of WA at PARKER RANGE • Export option via Port of Esperance, interim near term export solutions being examined • Robust project economics NPV9 A$384M, IRR 129% • Excellent infrastructure Roads,
Slide 10: Pilbara Iron Ore
Pilbara Iron Ore • Numerous projects in world class province For personal use only • Strategic land positions • Proven iron ore occurrences • Hamersley project vended out to Winmar Resources
Slide 11: Pilbara Iron Ore – Hamersley Project
Pilbara Iron Ore – Hamersley Project Winmar JV For personal use only • Winmar Resources Ltd earning 51% by FMG Solomon Mining Hub 3,118Mt @ 56.5% Fe expenditure of $6M • Located in Central Pilbara region • Adjacent to FMG’s Solomon project • Upgraded resource: 368Mt @ 54.7 % Fe (58% CaFe) • Explorat
Slide 12: Earaheedy Joint Ventures
Earaheedy Joint Ventures Potential Major New Iron Ore Province WESTERN Earaheedy JV EASTERN Earaheedy Anglo JV For personal use only Cecil Rhodes EARAHEEDY BASIN PROJECT TENURE Parker Range • Anglo American Farms-Into joint Cazaly/Vector Resources Earaheedy East Project • Anglo to earn 75% via stage
Slide 13: Earaheedy Projects
Earaheedy Projects Anglo JV – Earaheedy East For personal use only • Prospective for large scale iron ore deposits • Maiden drilling program identified significant mineralisation at the Cecil Rhodes Prospect. Intersections include: 22m @ 58.1% Fe, 22m @ 57.8% Fe 26m @ 55.1% Fe • Initial work by Angl
Slide 14: Mt. Angelo Copper Project
Mt. Angelo Copper Project Mt. Angelo Copper JV For personal use only • Cazaly can earn 75% be completing PFS • Historic results include 57m @ 5.04 % Cu, 43m @ 2.11% Cu • Mineralisation open down plunge, no drilling beneath 80m vertical in target zone • Southern gossan untested • Porphyry target tota
Slide 15: Huckitta IOCG Project – Northern Territory
Huckitta IOCG Project – Northern Territory Mithril Resources Limited JV Sammy JV For personal use only • Mithril earning 80% • Greenfields exploration in an emerging province • Coincident gold, copper, gravity & IP anomalies → Iron Oxide Copper-Gold (IOCG) targets Illogwa IOCG Target Area (IITA) • ~
Slide 16: Cazaly Corporate Summary
Cazaly Corporate Summary Extensive projects in three major Iron Ore regions of Western Australia For personal use only • PARKER RANGE: Potential to deliver new iron ore mine in the Yilgarn of WA 5Mt/Yr Capacity Reservation Deed at Esperance Port, economically robust • PILBARA: Vast potential over se
Slide 17: Thank you
For personal use only Thank you Level 2, 38 Richardson Street, West Perth, Western Australia, 6005. PO Box 396, West Perth, Western Australia, 6872 Phone: +61 8 9322 6283 Fax: +61 8 9322 6398 email: admin@cazalyresources.com.au ACN 101 049334 www.cazalyresources.com.au