Reedy Lagoon Corporation Limited · ASX:RLC
Reedy Lagoon — Investor Presentation (December 2011)
15 slides from Reedy Lagoon's investor presentation, Dec 6, 2011
Slide 1: ASX cover announcement: Investor Presentation
For personal use only 6 December 2011 Australian Securities Exchange Limited Company Announcements Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000 INVESTOR PRESENTATION Please find attached for release to the market a copy of the presentation to be delivered by Reedy Lagoon’s Managing Dire
Slide 2: Reedy Lagoon Corporation Limited
For personal use only REEDY LAGOON CORPORATION LIMITED reedylagoon.com.au December 2011 Iron Uranium Iron, Uranium, Gold 1
Slide 3: Key Attributes of RLC
Key Attributes of RLC For personal use only Iron-ore Iron ore project with ith major partner Uranium U i exploration l ti projects j t Builds projects that can attract majors 2
Slide 4: Projects
For personal use only Projects 3
Slide 5: Magnetite – what is it?
Magnetite – what is it ? For personal use only Magnetite and Hematite are common forms of iron mineralisation. Hematite ores occur with Fe grades up to 64% and are sellable at grades greater than about 58% Th 58%. These ores can be b fed f d di directly tl into i t iron‐making i ki blblastt ffurnace
Slide 6: Magnetite (RLC 25%)
Bullamine – Iron (Magnetite) (RLC 25%) For personal use only 5
Slide 7: Magnetite (RLC 25%) joint venture with Cliffs
Bullamine – Iron (Magnetite) (RLC 25%) For personal use only Located along existing rail corridor between Perth and Kalgoorlie Ports at Kwinana, Albany, Esperance +/- Oakajee 3,342 3 342 km2 under tenement Joint Ventured with Cliffs earning 75% Commenced February 2011 $3 $3.2 m JJV explo
Slide 8: Thick bands of magnetite gneiss intersected
Bullamine – Iron (Magnetite) (RLC 25%) For personal use only Thick bands of magnetite g ggneiss intersected. RLC estimates potential for 30mt magnetite gneiss at each of Wongamine North & Chitterberrin 7
Slide 9: Wongamine Prospect (part NOR 1)
Bullamine – Iron (RLC 25%) W Wongamine i Prospect P t (part ( t NOR 1) For personal use only 8
Slide 10: Wongamine Prospect (part NOR 1)
Bullamine – Iron (RLC 25%) W Wongamine i Prospect P t (part ( t NOR 1) For personal use only 9
Slide 11: Wongamine Prospect (part NOR 1)
Bullamine – Iron (RLC 25%) For personal use only W Wongamine i Prospect P t (part NOR 1) • RLC estimates potential at North Wongamine for 30mt magnetite gneiss • 2 targets to the east identified in magnetic data – drilling planned 10
Slide 12: Wongamine: major follow-up drill program planned
Bullamine – Iron (RLC 25%) For personal use only Wongamine i Prospectt (part NOR 1) Wongamine Major follow follow‐ up drill program planned to p commence in January 2012 11
Slide 13: Cleansweep mineralisation (part NOR 1)
Bullamine – Iron (RLC 25%) Cl Cleansweep mineralisation i li ti (part ( t NOR 1) For personal use only No results from any metallurgical studies of the Wongamine magnetite rocks have yet been received but the Cleansweep mineralisation has provided some outstanding results – could Wongamine be simila
Slide 14: Company information and history
Company p y information ASX:RLC For personal use only History Issued shares 48.6 m 1986 founded Options (unlisted) 15.1 m 1988 Mt Gipps JV ‐ diamonds, SA 1991 CRAE JV ‐ diamonds & base metals Market Cap (15 cents) 7.3 m 1992 BHP Minerals JV – diamonds, SA 1996 Caldera JV – diamonds, SA Cash 0.8 m 19
Slide 15: Qualification
Qualification For personal use only The information in this report that relates to Exploration Results is based on information compiled by Geof Fethers and Hugh Rutter, who are members of the Australian Institute of Mining and Metallurgy (AusIMM) and the Australian Institute of Geoscientists (AIG) r