Europa Metals Limited · JSE:EUZ
Europa Metals — Ferrum Crescent — JSE Showcase February 2013
17 slides from Europa Metals's conference presentation, Feb 8, 2013
Slide 1: Infrastructure and Beneficiation Route Investor Presentation announcement
8 February 2013 Ferrum Crescent Limited (“Ferrum Crescent”, the “Company” or the “Group”) (ASX: FCR, AIM: FCR, JSE: FCR) Infrastructure and Beneficiation Route Investor Presentation Ferrum Crescent Limited, the ASX, AIM and JSE quoted iron ore developer in Northern South Africa, today announces that
Slide 2: Executive Chairman comments and About Ferrum Crescent
o Full Environmental Impact Assessment (including 17 externally contracted specialist studies) submitted in July 2011 and approved by the DMR Ed Nealon, Executive Chairman said: “The beginning of 2013 sees us able to focus on final discussions regarding the development of an open pit mine at Moonlig
Slide 3: Moonlight Iron Ore Project: Update and future plans
FERRUM CRESCENT LIMITED (ASX/AIM/JSE:FCR) JSE Showcase February 2013 Ve r n o n H a r v e y C O O : F e r r u m C r e s c e n t L t d Moonlight Iron Ore Project Update and future plans 1 High Grade Iron Ore Development, South Africa
Slide 4: Disclaimer and Competent Person's Statement
Disclaimer Disclaimer: This publication has been prepared by Ferrum Crescent Limited (‘FCR’, 'Ferrum' or 'the Company', ASX, AIM and JSE Code: FCR). 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
Slide 5: Value Proposition
Ferrum Crescent Limited Value Proposition • An internationally listed junior mining / exploration company with a substantially de- risked Moonlight Iron Ore Project which has a JORC compliant resource and has progressed to Bankable Feasibility Study stage • A unique magnetite iron ore resource with
Slide 6: Ferrum Crescent in a Nutshell
FERRUM CRESCENT IN A NUTSHELL • Ferrum Crescent Limited (“Ferrum”, “FCR” or the “Company”) is an Australian company listed on the ASX and secondary listings on AIM and JSE (ASX/AIM/JSE: FCR). 328.2 million shares, Market Cap AUD 14.4 million (29 Jan 2013) • Effective 97% interest in the Moonlight Ir
Slide 7: Moonlight Iron Ore Project
MOONLIGHT IRON ORE PROJECT • Plan to produce 6Mt per annum direct reduction iron (DRI) and blast furnace grade pellets for use in steel- making. • Off-take agreement signed with Swiss-based Duferco SA for 4,5Mt per annum, with first rights to another 1,5Mt if not sold domestically. • Bankable Feasib
Slide 8: Project Progress and Future plans
Project Progress and Future plans Started developing and defining the Moonlight Iron Ore Project in April 2008 Appointed Source & competent Board Approved EIA Submitted July 2011 prospect asset and Management Approved May 2012 Key infrastructure identified, BFS completion Further details provided on
Slide 9: Experienced Board
Experienced Board Ed Nealon Ted Droste Executive Chairman Non - Executive Director Geologist with close to 38 years of experience in Chemical engineer with immense experience in the iron resources industry. Founded Aquarius Platinum and and steel industry worldwide. Former senior executive Sylvania
Slide 10: Management structure
Management structure Managing Director Robert Hair SA Office Perth Office Chief Operating Officer Vernon Harvey Strategic Development Manager Scott Huntly Financial Controller Beverley Gardner Company Secretary Assistant Accountant Andrew Nealon Amanda Marume Consultant Geologist Lindsay Cahill 8
Slide 11: Moonlight Iron Ore Project
Moonlight Iron Ore Project The Moonlight deposit is located 360km north of Johannesburg, 150km north-west of Polokwane. The area covered by the registered Moonlight New Order Mining Right application is approximately 53km2 across the following three farms: • Moonlight; Gouda Fontein 76LR, portions 2
Slide 12: JORC mineral resource
JORC mineral resource Mineral Corporation Consultancy (Pty) Ltd has carried out a JORC compliant updated mineral resource estimate which was announced to media on 16th May 2012. This revised mineral resource estimate includes results of the Phase 3 drilling campaign as well as earlier historical dat
Slide 13: The Moonlight process and iron market beneficiation opportunities
The Moonlight process and iron market beneficiation opportunities 11
Slide 14: Off-take agreement in place
Off-take agreement in place • In June 2011, the company announced that it has entered into an off-take agreement with Swiss-based Duferco, a leading private company in the trading, mining, and end use of iron and steel products and raw materials for the steel industry • In FY 2011, Duferco managed 1
Slide 15: Supportive infrastructure upgrades in progress
Supportive infrastructure upgrades in progress Transnet has committed to increase rail and port capacity for magnetite as part of its infrastructure spend, which includes an additional c.27 Mt per annum for general freight business from Lephalale, being the closest rail head to Moonlight. Richards B
Slide 16: Summary of value proposition of Ferrum Crescent
Summary of value proposition of Ferrum Crescent Advanced stage project many long lead time obstacles overcome Growing market for high grade iron ore pellets that promote energy efficiency and productivity in steel producing plants Infrastructure availability within planned project timescale
Slide 17: Thanks for the opportunity to share our plans
Thanks for the opportunity to share our plans and this investment opportunity with you 15