Czr Resources Ltd · ASX:CZR
Czr Resources — Coziron Resources — Investor Presentation (March 2012)
29 slides from Czr Resources's investor presentation, Mar 20, 2012
Slide 1: Coziron Resources Limited Presentation
For personal use only COZIRON RESOURCES LIMITED PRESENTATION March 2012 1
Slide 2: Disclaimer
Disclaimer For personal use only • DISCLAIMER • This presentation has been prepared by Coziron Resources Limited (“CZR”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties
Slide 3: About Coziron
About Coziron For personal use only • IPO 25 August 2006. Main asset an 85% interest in an Iron Sands JV in Indonesia • Company suspended from ASX on 5 August 2009 • Reinstated to ASX Trading following DOCA on 24/2/11 • New Board Members/Management • New key shareholder – Yandal Investments Pty Ltd
Slide 4: Corporate
Corporate For personal use only • ASX Code CZR • Shares on Issue (Pre-Transaction) 454,473,654 • Shares on Issue (Post Transaction ex funding) 954,473,654 • Shares on Issue (Post Transaction incl funding) 1,154,473,654 • Options On Issue Nil • Share Price (as at 06/03/12) $0.093 • Cash on Hand (as a
Slide 5: Directors Bios
Directors Bios For personal use only • Mr Adam Sierakowski Adam Sierakowski is the co-founder and managing director of Perth based corporate advisory business, Trident Capital. Mr Sierakowski has held a number of board positions with ASX listed companies. He is a member of the Australian Institute o
Slide 6: Acquisition of Three New Projects
Acquisition of Three New Projects For personal use only • Acquisition of 85% interest in three key projects for total issue of 500M shares @ deemed value of $15M ($0.03 per share) • Vendor retains 15% free carried interest through to end of any Bankable Feasibility Study • Vendor entitled to be part
Slide 7: CZR – Project Locations
CZR – Project Locations For personal use only 7
Slide 8: Yarraloola Project
Yarraloola Project Potentially the next significant Iron Ore project in the Pilbara For personal use only • Nine contiguous tenements totalling 1,400 km2, the largest non listed company held land package in the Pilbara Archean Hamersley Province. • Marra Mamba Formation, Wittenoom Dolomite and Brock
Slide 9: Yarraloola Project – Observations
Yarraloola Project – Observations • The most Northwestern occurrence of the Marra Mamba formation. For personal use only • Approximately 30 strike kilometres of Marra Mamba formation thought to be prospective for DSO quality Fe. • Widespread iron alteration in the upper most unit of the Marra Mamba
Slide 10: For personal use only
For personal use only Western Australia Note: Yarraloola Project tenements are closest to coast of any Marra Mamba formation within the prolifically iron ore rich Hamersley Basin, and on strike from many major mines 10
Slide 11: Yarraloola Project – Infrastructure
Yarraloola Project – Infrastructure For personal use only • Adjacent to North West Coastal Highway • 120 kms southwest of Karratha and Port of Dampier • Robe River Railway and Dampier- Bunbury Gas Pipeline traverse tenements • Proximity to Dampier-Bunbury Gas Pipeline • Proposed Railway for the Aust
Slide 12: Yarraloola Project - Region
Yarraloola Project- Region For personal use only • Rio Tinto, Mesa A and Mesa J mines (Robe River) immediately south • Sino Iron project, 50 kms to the north. Approximately 5 Bn tonnes of magnetite. • API JV developing mines 10 to 60 kilometres to the south. Includes 160 km heavy haul railway and ne
Slide 13: Yarraloola Project - Comparative
Yarraloola Project- Comparative For personal use only • Yarraloola Project • West Angelas Deposit • A synclinal structure (~ 5kms x 4 kms) • Opened in 2002 – “...marra mamba outcropping DSO quality Fe on top of reserves, regarded as the next generation Marra Mamba formation of Australian iron ore” R
Slide 14: Exploration Targets
Exploration Targets For personal use only NB: Proposed drilling targets based on >50% Fe surface samples. 14
Slide 15: Area
For personal use only AREA 3 15
Slide 16: Area
For personal use only Area 4 16
Slide 17: Yarraloola - Summary
Yarraloola - Summary For personal use only • Analogous geology to West Angelas operating mine – but with significantly larger synclinal structure • Significant target geology completed confirming all major Fe formations present • Drilling to commence in May 2012 • Significant potential infrastructur
Slide 18: King-X Project
King-X Project Early Exploration Manganese Project – Kalahari Basin Analogue For personal use only King-X Project tenements located in the Earaheedy Basin of WA which is situated approximately 100 Kms Northeast of Wiluna Advanced geological sampling and mapping completed showing significant Manganes
Slide 19: King-X Project
King-X Project For personal use only The tenement package is contiguous over the Manganese rich horizon with approximately 120 kms of strike length Identification of palaeo lake beds and palaeochannels with Fe rich pisolite gravels showing prospectivity for CID’s Epithermal style quartz indicating p
Slide 20: King-X Summary
King-X Summary For personal use only Kalahari basin in South Africa has a similar scale, age and formation history to the Earaheedy Basin in WA. The Kalahari basin is home to 50% of world’s known Manganese resource and produces 80% of the World’s high quality Manganese. Earaheedy basin has the poten
Slide 21: Buddadoo Project
Buddadoo Project VMS Magnetite Project in WA’s emerging mid west province For personal use only The Buddadoo project is located approximately 425 km north of Perth and 180 km east of Geraldton Exploration to target a massive titanomagnetite deposit The tenement E59 /1350 which contains the Buddadoo
Slide 22: Buddadoo Project Infrastructure
Buddadoo Project Infrastructure For personal use only The Buddadoo project has proximity to infrastructure with the rail siding at Morawa approximately 70 km to the South West. The Morawa to Yalgoo road which is currently being upgraded, intersects the tenements provides trucking access. 22
Slide 23: CZR – Exploration Budget
CZR – Exploration Budget For personal use only • 1 Preliminary drilling on Yarraloola Project $500,000 • 2 Pilbara Heritage and Site access development $400,000 • 3 Infill drilling (JORC) on Yarraloola Project $9,000,000 • 4 Preliminary drilling on King-X Project $800,000 • 5 Infill drilling (JORC)
Slide 24: Timetable
Timetable For personal use only CZR Shareholder Infill Drilling meeting to approve CZR fundraising Yarraloola Project Transaction completion Infill Drilling Aboriginal Heritage King-X Project Preliminary Drilling Survey for Yarraloola Yarraloola Project completed Preliminary Drilling Buddadoo Projec
Slide 25: Investment and Valuation
Investment and Valuation For personal use only • CZR currently seeking fundraising proposals to raise $20m • Funds to be raised at a price not less than $0.10 • $20m capital raised will result in issue of 200m shares in CZR equating to approx 17.5% of the company • Yaraloola project has the potentia
Slide 26: Pilbara Valuation Comparisons
Pilbara Valuation Comparisons Pilbara Iron Ore Company’s Takeover values over recent years For personal use only Target Company Product / Resource Purchase Price Buyer Flinders Mines (ASX: FMS) Magnitogorsk Iron and Steel Works Indicated Resource Estimate (Delta Current offer – Company to be a compa
Slide 27: Pilbara Valuation Comparisons
Pilbara Valuation Comparisons For personal use only As at 31 March 2011: Frances Creek Project Noble Group, through BVI registered Territory Resources (ASX:TTY) subsidiary Jonesville Limited (BVI Bidder’s Statement 9 June 2011: 50c Total Indicated and Inferred Company Number 327076) per share, valui
Slide 28: Pilbara Valuation Comparisons
Pilbara Valuation Comparisons For personal use only Aurox Resources (ASX:AXO) ASX Announcement 10 March 2010: Balla Balla Project: Merger by way of Scheme of 1 Atlas Share for every three Aurox Inferred: 456 Mt at 45% Fe, with Atlas Iron (ASX: AGO) Arrangement, announced 10 March Shares 2100, implem
Slide 29: Pilbara Valuation Comparisons
Pilbara Valuation Comparisons For personal use only McPhee Creek Project: Total DSO Mineral Resource of 265 Mt at 56.2% Fe, being: Indicated: 65.3 Mt at 56.3% Fe; Inferred: 194.7 Mt at 56.2% Fe; and another Giralia Resources NL (ASX: GIR) Inferred CID of 5.17 Mt at 53.6% Off-market takeover announce
Coziron Resources — Investor Presentation (March 2012) on 6ix