Slide 1: Developing a Brazilian Iron Ore Business
Developing a Brazilian Iron Ore Business Darren Gordon, Managing Director May, 2011
Slide 2: Disclaimer
Disclaimer This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not take into a
Slide 3: Brazilian Iron Ore Business
Brazilian Iron Ore Business Centaurus Metals’ focus is to: Develop & Operate a number of Low Capex mines. Be known for high grade & consistent quality products. Be a long term supply partner to domestic steel mills in Brazil. Secure projects for an export capacity. By 2013 Centaurus Meta
Slide 4: A Busy 12 Months ....
A Busy 12 Months …. Jambreiro Iron Ore Project Project acquired from Brazilian Pulp Company, Cenibra. 8,500 metre RC percussion and diamond drilling programs. Inferred Resource of 77Mt @ 29.5% Fe. Good beneficiation results - high grade hematite product achieved. Passabem Iron Ore Projec
Slide 5: Company Structure
Company Structure Capital Structure Shares on Issue 848m ASX CODE : CTM Options* 118m Share Price $0.09 Market Capitalisation $76m $0.16 8,000,000 $0.14 7,000,000 Cash at bank (31/03/11) $12m $0.12 6,000,000 $0.10 5,000,000 Debt NIL $0.08 4,000,000 Enterprise Value $64m $0.06 3,000,000 $0.04 2,000,0
Slide 6: Centaurus Metals Board & Key Personnel
Centaurus Metals Board & Key Personnel DIDIER MURCIA Chairman 25 years corporate and resource industry experience. Specialises in strategic, corporate and commercial advice. Extensive iron ore experience as Director of Gindalbie Metals DARREN GORDON Managing Director Over 15 years resource indust
Slide 7: Brazil
Brazil Latin America’s largest economy. Rapidly growing population (currently ~200 million). Predicted growth of 4-5% in 2011. US$830b committed to infrastructure spend. Hosting FIFA World Cup in 2014 and the Olympic Games in 2016. Top 10 global steel producer (~ 35Mt). Brazil is the w
Slide 8: Centaurus Metals' Projects
Centaurus Metals’ Projects 8
Slide 9: Domestic Iron Ore Business: Supplying Iron Ore to Brazil's Steel Mills
Domestic Iron Ore Business “Supplying Iron Ore to Brazil’s Steel Mills” 9
Slide 10: Domestic Iron Ore Business
Domestic Iron Ore Business Targeting production from a number of low OpEx, low CapEx mines, in close proximity to established infrastructure. Centaurus Metals is working towards: production at a rate of 3mtpa by the end of 2013, to be sold into Brazil’s domestic steel mills for anticipated ope
Slide 11: Itabirite Ore....
Itabirite Ore.... A major source of iron ore production in Brazil… Metamorphosed iron formation composed of iron oxides with abundant quartz. Iron Quadrangle itabirites typically comprise hematite. Lower ROM grade than other sources of hematite (averaging 30-50% Fe). Extremely well suited to
Slide 12: Domestic Production - Jambreiro
Domestic Production - Jambreiro 12
Slide 13: Jambreiro Iron Ore Project
Jambreiro Iron Ore Project Initial Inferred resource of 77mt @ 29.5% Fe. Resource remains open to the South. Infill drilling underway to lift resource to Indicated status. Projected to be a 2mtpa producer of high grade iron ore. Project dynamics will facilitate rapid resource definition an
Slide 14: Jambreiro Iron Ore Project
Jambreiro Iron Ore Project Current Resource Summary: Mineralisation Type Million Tonnes Fe % SiO2 % Al2O3 % P% LOI % Friable Itabirite 17.6 31.4 48.4 3.6 0.04 1.57 Compact Itabirite 59.5 28.9 52.1 2.9 0.04 0.86 TOTAL 77.1 29.5 51.3 3.1 0.04 1.02 Early stage gravity beneficiation tests show both
Slide 15: Jambreiro – Work Program
Jambreiro – Work Program 5,000 metre resource upgrade and exploration drilling program underway. 4 drill rigs currently on site. Tigre Prospect infill drilling complete Trenching program completed. Ore zone contacts clearly defined. Ongoing beneficiation test work. Pre Feasibility study
Slide 16: Jambreiro – Potential Resource Upside
Jambreiro – Potential Resource Upside Area currently included in JORC Resource estimate Area prospective for iron mineralisation 16
Slide 17: Domestic Production - Passabem
Domestic Production - Passabem 17
Slide 18: Passabem Iron Ore Project
Passabem Iron Ore Project Projected to be a 1mtpa producer of high grade iron ore. 39 Mt JORC Resource. Ore body extends over a strike length of 5 kilometres. Future work programs: Commencement of pre-feasibility activities and associated studies; Infill Drilling. Beneficiation testwor
Slide 19: Domestic Production - Itambé
Domestic Production - Itambé 19
Slide 20: Itambé Iron Ore Project
Itambé Iron Ore Project Projected to be a minimum 500ktpa producer of high grade iron ore. New indicated and Inferred Resource of 10Mt @ 36.6% Fe beneficiates cost effectively to high-grade product. Resource Category Million Tonnes Fe % SiO2 % Al2O3 % P% LOI% Indicated 4.69 37.1 37.0 4.52 0.06 2
Slide 21: Resource Summary – Domestic Projects
Resource Summary – Domestic Projects Centaurus has assembled a strong project and resource base in Brazil of Itabirite mineralisation that upgrades to a high grade hematite product. Project Million Tonnes Fe % SiO2 % Al2O3 % P% LOI % Jambreiro* 77.1 29.5 51.3 3.10 0.04 1.02 Passabém** 39.0 31.0 53
Slide 22: Iron Ore Export Business: Supplying Iron Ore to the World Market
Iron Ore Export Business “Supplying Iron Ore to the World Market” 22
Slide 23: Export Projects
Export Projects Minas Gerais 23
Slide 24: Iron Ore Export Business - 2011
Iron Ore Export Business - 2011 Centaurus Metals aims to acquire or identify a project capable of supplying high grade (64-69% Fe) product for a minimum project life of 10 years, into the global export to markets. Commencing exploration on recently granted 100% Centaurus Metals tenure in the sta
Slide 25: Centaurus - 2011 Activities
Centaurus- 2011 Activities In 2011 Centaurus Metals main areas of focus will be: Resource infill drilling at Jambreiro – converting resources to reserves. Feasibility studies at the Jambreiro Project. LOI’s from domestic iron ore consumers. Progressing Environmental & Department of Mines a
Slide 26: Summary
Summary Highly experienced, well funded team with extensive global experience in the financing, development and operation of iron ore projects. Strong domestic project resource base with low Cap Ex requirements. Building a business to supply domestic steel mills, and in time also world markets
Slide 27: Developing a Brazilian Iron Ore Business
Developing a Brazilian Iron Ore Business Contacts: Darren Gordon Mark Papendieck Managing Director Chief Commercial Officer (+618) 9420 4001 (+618) 9420 4003 darren.gordon@centaurus.com.au mark@centaurus.com.au