Slide 1: Second Quarter Results of Fiscal Year-End 2020
SECOND QUARTER RESULTS OF FISCAL YEAR-END 2020
Slide 2: Disclaimer
DISCLAIMER TSX: CIA ⎪ ASX: CIA
Slide 3: Conference Call Participants
CONFERENCE CALL PARTICIPANTS TSX: CIA ⎪ ASX: CIA
Slide 4: 2020 Second Quarter Highlights
2020 SECOND QUARTER HIGHLIGHTS TSX: CIA ⎪ ASX: CIA
Slide 5: Health & Safety
HEALTH & SAFETY QUEBEC IRON ORE + CONTRACTORS FINANCIAL YEAR 2020 BENCHMARK Q1 July August September YTD 2019* Lost Time Injury Frequency Rate (LTIFR) 4,28 6,92 3,93 3,56 4,99 3,38 Disability Injury Severity Rate (DISR) 6,85 2,3 47,25 37,97 17,89 9 TSX: CIA ⎪ ASX: CIA
Slide 6: Environment Focus
ENVIRONMENT FOCUS New Old TSX: CIA ⎪ ASX: CIA
Slide 7: Industry Overview
INDUSTRY OVERVIEW *P62: Platts TSI IODEX 62% Fe CFR China; P65: Platts IO Fines 65% Fe CFR China
Slide 8: Industry Overview
INDUSTRY OVERVIEW TSX: CIA ⎪ ASX: CIA *P62: Platts TSI IODEX 62% Fe CFR China; P65: Platts IO Fines 65% Fe CFR China
Slide 9: Bloom Lake Operational Results
BLOOM LAKE OPERATIONAL RESULTS TSX: CIA ⎪ ASX: CIA
Slide 10: Historical Production Record
HISTORICAL PRODUCTION RECORD YEAR TO DATE TSX: CIA ⎪ ASX: CIA
Slide 11: Achieved Target Ore Recovery
ACHIEVED TARGET ORE RECOVERY TSX: CIA ⎪ ASX: CIA
Slide 12: Operations Overview
OPERATIONS OVERVIEW TSX: CIA ⎪ ASX: CIA
Slide 13: Second Quarter Financial Results
SECOND QUARTER FINANCIAL RESULTS TSX: CIA ⎪ ASX: CIA
Slide 14: Second Quarter Financial Results
SECOND QUARTER FINANCIAL RESULTS
Slide 15: Navigating Volatile Periods
NAVIGATING VOLATILE PERIODS → → *P62: Platts TSI IODEX 62% Fe CFR China; P65: Platts IO Fines 65% Fe CFR China
Slide 16: Realized Selling Price
REALIZED SELLING PRICE → → *P62: Platts TSI IODEX 62% Fe CFR China; P65: Platts IO Fines 65% Fe CFR China
Slide 17: Strong Cash Operating Margin
STRONG CASH OPERATING MARGIN → →
Slide 18: Positioning for Future Growth
POSITIONING FOR FUTURE GROWTH → → → → TSX: CIA ⎪ ASX: CIA
Slide 19: Positioned to Fully Benefit from Our Flagship Asset
POSITIONED TO FULLY BENEFIT FROM OUR FLAGHIP ASSET ↑ ↓ ↑ ↓
Slide 20: Repositioned Balance Sheet
REPOSITIONED BALANCE SHEET ↑ ↓ TSX: CIA ⎪ ASX: CIA
Slide 21: Phase II – Status Update
PHASE II – STATUS UPDATE TSX: CIA ⎪ ASX: CIA
Slide 22: Phase II Update
PHASE II UPDATE CHAMPION IRON 24 > Construction work progressing in accordance with initial budget of C$68M > Continue to monitor market conditions as we consider the proposed timeline for the expansion > Advancing several financing alternatives to fund balance of Phase II capex ~> $18.6M spent to d
Slide 23: Phase II – Execution
PHASE II — EXECUTION CHAMPION IRON 24 [ scum worked Vv 3,200m? of concrete V 8,300m: of backfill | < Silo tunnel form work Concrete pouring on conveyor ‘unsaion > < Electrical room 600V distribution Plant foundations modifications > 23
Slide 24: Thank You to Our Staff
THANK YOU TO OUR STAFF TSX: CIA ⎪ ASX: CIA
Slide 25: Thank You!
THANK YOU! Contact us for more information. DAVID CATAFORD, MICHAEL MARCOTTE, CEO VP INVESTOR RELATIONS dcataford@championironmines.com mmarcotte@championiranmines.com 1100 René-Lévesque Bivd. West, Suite 610 Montreal OC H3B 4N4 Tel.: +1514 316 4858 CHAMPION Fax.: +1 514819 8100 CHAMPIONIRON.COM I R