Europa Metals Limited · JSE:EUZ
Europa Metals — Ferrum Crescent — Investor Presentation (December 2009)
16 slides from Europa Metals's investor presentation, December 2009
Slide 1: Investor Presentation
A.C.N. 128 777 444 I Investor t Presentation P t ti Ad i G Adrian Griffin iffi – Managing M i Director Di t Corporate advisor
Slide 2: Important information
Important information This presentation has been prepared by Ferrum Crescent Limited (‘Ferrum’ or ‘the Company’) in connection with providing general and background information on the Company. This presentation should not be relied upon as a representation of any matter that an advisor or potential
Slide 3: Highlights
Highlights Ferrum Crescent Limited is listing on the ASX following a merger with Washington Resources Limited (ASX: WRL – to become FCR) Ferrum formed to acquire, explore and develop iron‐ore interests in South Africa The Company acquired 74% of the Turquoise Moon Iron Ore Project Initial JO
Slide 4: Corporate Overview
Corporate Overview Capital Structure $0.16 2,500,000 Shares on Issue 157m $0.14 2,000,000 Options $0.12 103m (December 2013, 2013 $0.40 $0 40 exercise price) $0 10 $0.10 1 500 000 1,500,000 Market Capitalisation $0.08 $17.3m At $0.11 per share $0.06 1,000,000 $0.04 Cash at bank (estimate) $700,000 5
Slide 5: Board of Directors
Board of Directors ADRIAN GRIFFIN, Managing Director Founding director. Extensive mining and exploration experience in iron ore, base metals and precious metals. Iron‐ore exploration and production experience with BHP in the 1970s and ’80s. 80s. Mr Griffin has been a director of a number of listed c
Slide 6: Turquoise Moon Project
Turquoise Moon Project Page 6
Slide 7: Moonlight Deposit - Overview
Moonlight Deposit - Overview Moonlight located approximately 320 km north of Johannesburg, in the district of Polokwane Significance first realized by South Africa’s Iron and Steel Corporation (‘Iscor’), which recognized the potential to produce concentrates from deposits it described as compara
Slide 8: Moonlight Deposit
Moonlight Deposit Ferrum has a maiden resource of 320Mt @ 32% Fe Oxide mineralisation 81 Mt 33% Fe Magnetite mineralisation 240 Mt 32% Fe Total Inferred Resource 320 Mt @ 32% Fe Page 8
Slide 9: Moonlight Deposit
Moonlight Deposit Current resource could sustain a 50 year operation life Potential to produce a concentrate grading better than 70% Fe Concentrates comparable to the best in the world Metallurgical test work indicates that Moonlight will: Produce a premium‐grade concentrate Consume less
Slide 10: Moonlight Deposit - Upside
Moonlight Deposit - Upside Iscor estimated Moonlight to contain 470 Mt grading 36% Fe FFerrum’s ’ current resource (320 M Mt)) b based d on d drilling illi off only l ~50% 50% off the h deposit Upside at Moonlight includes strike extensions and mineralisaton down‐dip Consolidation potential
Slide 11: Local Infrastructure
Local Infrastructure Close to existing infrastructure: 500km Road Rail Ports o ts (Maputo ( aputo or o Richards c a ds Bay) ay) Energy (coal, coal‐seam gas fields) 845 km by road, rail to Maputo 1,065 km by road, rail to Richards Bay Page 11
Slide 12: Development Programme
Development Programme 2 rigs commenced d drilling d ll on 30 November b 2009 ‐ initiall indications d very encouraging First assay results expected in mid January 2010 Upgrade pg Moonlight g resource category g y in preparation p p for feasibilityy Complete comprehensive metallurgical testin
Slide 13: Project Schedule and Milestones
Project Schedule and Milestones Page 13
Slide 14: De Loskop Mineralisation
De Loskop Mineralisation Potential mineralisation within the range g 200‐1,000 , Mt at a ggrade of 30‐ 40% Fe Metallurgical characteristics similar to Moonlight Well‐developed Well developed infrastructure Access to arterial roads and rail link Only 50 km from Polokwane, the regional servi
Slide 15: Investment Opportunity
Investment Opportunity FFerrum C Crescentt iis now lilisted t d on ASX with ith a market k t capitalization it li ti off lless than A$18 million via purchase by Washington Resources Ferrum is an exciting junior iron ore development company with: JORC compliant resource of 320Mt @ 32% Fe at Moo
Slide 16: Adrian Griffin / Ben Wale
Adrian Griffin Ben Wale Managing Director Manager - Corporate Finance Ferrum Crescent Limited www.ferrumcrescent.com Hartleys Limited www.hartleys.com.au Ground floor, Suite 2 T +61 8 9477 3031 Member of the ASX T +61 8 9268 3055 5 Ord Street, West Perth F +61 8 9475 0847 Level 6, 141 St Georges Ter
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