Apollo Minerals Limited · ASX:AON
Apollo Minerals — Investor Presentation (April 2009)
20 slides from Apollo Minerals's investor presentation, Apr 21, 2009
Slide 1: Apollo Minerals Limited Update April 2009
For personal use only Apollo Minerals Limited Update April 2009 Level 10, 1 Margaret Street, Sydney, NSW 2000, Australia PO Box R933, Royal Exchange, NSW 1225, Australia Phone: +61 2 9299 8870 Fax: +61 2 9262 2885 richardsealy@apollominerals.com.au
Slide 2: Important Notice
Important Notice For personal use only Disclaimer This presentation has been prepared by Apollo Minerals Limited (“Apollo” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or inv
Slide 3: Corporate Statistics
CORPORATE STATISTICS For personal use only Apollo is an Australian based mineral exploration company listed on the ASX (“AON”) Market Capitalisation Experienced New 17 April 2009 - $15.5 million Management: Richard Sealy (Director & COO) Cash on Hand Ed Mead (Exploration Manager) $3.2
Slide 4: Exploration Assets
EXPLORATION ASSETS For personal use only Mt Oscar Project (100%) Tenements E47/1378-I and E47/1379-I 5 year exploration licences Prospective for magnetite iron ore Commonwealth Hill Project (100%) 6 tenements in the Gawler Craton region of South Australia Joint venture with Western Pla
Slide 5: Mt Oscar
For personal use only 5 MT OSCAR
Slide 6: Outlook for Pilbara Iron Ore
OUTLOOK FOR PILBARA IRON ORE For personal use only Key driver of Pilbara economy Price of Iron Ore is the iron ore industry Iron Ore price: Spot Price down to 2006 level Spot price recovering 2008 Contract price at between 2007 and 2008 levels 2009 Pilbara Region: 2007 Exports 95% Aust
Slide 7: Steel Industry in China "Cranking Up"
STEEL INDUSTRY IN CHINA “CRANKING UP” For personal use only Predictions are that Iron ASX All Ords v Shanghai Ore prices may not slump as Composite Index 2009 heavily as previously thought 40% 40% Mining Exploration News 30% 30% says that strong demand for 20% 20% Iron ore continuing from 10% 10
Slide 8: Apollo Fly Through
For personal use only 8 APOLLO FLY THROUGH
Slide 9: Major Magnetite Projects in the Pilbara Region
MAJOR MAGNETITE PROJECTS IN THE PILBARA REGION For personal use only West Pilbara Major Projects and Infrastructure Balmoral magnetite deposit (160 billion tonnes) Sino Iron Project (2 billion tonnes) Susan Palmer Deposit (1 billion tonnes) Cape Lambert Deposit (1.6 billion tonnes) 9
Slide 10: Proximity of Mt Oscar to Infrastructure
PROXIMITY OF MT OSCAR TO INFRASTRUCTURE For personal use only 30 km from existing ports Ship Docking and Loadout Facilities at Cape Lambert 20 km from gas pipelines 15 km from power grid 15 km from water 15 km from sealed road 40 km from Karratha airport 10
Slide 11: Mt Oscar Ore Bodies
MT OSCAR ORE BODIES For personal use only Characteristics Vertical ore bodies outcropping at surface BIF up to 100 metres thick Low pre-stripping ratio Minimal oxidation horizon 11
Slide 12: Apollo Completed Exploration
APOLLO COMPLETED EXPLORATION For personal use only Rock chip sampling and Outcrop of magnetite assaying of samples* mineralization The highest grade 55.82% Fe 22 assays were reported over 40% Fe Considered as high for this type of mineralisation *Assay results previously announced 12
Slide 13: Fixed-Wing Low Level Aeromagnetic Survey
FIXED-WING LOW LEVEL AEROMAGNETIC SURVEY For personal use only Amplitude of magnetic anomalies very high (60,000nT) above ambient levels TMI response higher than the Cape Lambert Deposit Fox Areas of higher intensity indicate the potential for higher grade ore Apollo 13
Slide 14: Comprehensive Geophysical Interpretation
COMPREHENSIVE GEOPHYSICAL INTERPRETATION For personal use only Total Project Area approximately 800Mt down to 250m * Fox Apollo * Total Project Area comprises Fox resources and Apollo Minerals tenements *This estimation is possibly accurate to +/- 25% (giving a range of 600 to 1000 million tonnes) h
Slide 15: Fox Resources Exploration and Results
FOX RESOURCES EXPLORATION AND RESULTS For personal use only Fox Resources has Significant DTR Results Announced: Reported by Fox* Intersection Mass Drill Hole Fe Grade (metres) Concentrate Target resource of 1 Billion 08ORRC015 56.0 37.4% 60.6% Tonnes 08ORRC017 56.0 38.3% 61.8% Resource remains
Slide 16: Apollo Planned Exploration
APOLLO PLANNED EXPLORATION For personal use only Proposed Mt Oscar Drill Targets 4 drill holes for 680m Fox A gravity survey to quantify haematite Apollo potential Metallurgical test work to evaluate suitability of resource for sale 16
Slide 17: Commonwealth Hill
For personal use only 17 COMMONWEALTH HILL
Slide 18: Prospective for IOCG
PROSPECTIVE FOR IOCG For personal use only Prospective anomalies on Wirrida Complex and Sequoia East Farm-in agreement with Western Plains (Iron Ore) Western Plains to test for DSO with magnetic and gravity survey 18
Slide 19: Commonwealth Hill - Wirrida Complex
Commonwealth Hill -Wirrida Complex For personal use only Western Plains completed ground magnetic and gravity surveys to test for DSO hematite and magnetite. A total of eight traverses were completed 19 Commercial in Confidence
Slide 20: Does Mt Oscar Tick the Boxes?
DOES MT OSCAR TICK THE BOXES? For personal use only Large Target Resource Saleable Concentrate Close to Ports Close to Transport Sufficient Water Proximity to Markets 20