AustSino Resources Group Limited

AustSino Resources — Padbury Mining — Investor Presentation (December 2010)

23 slides from AustSino Resources's investor presentation, December 2010

  1. Slide 1: Investor Presentation December 2010

    For personal use only Investor Presentation December 2010

  2. Slide 2: Disclaimer

    For personal use only Disclaimer • This document contains general information about the activities of Padbury Mining Ltd („Padbury” or the “Company”) current as at the date of this presentation. It is information in a summary form only and does not contain all the information necessary to fully eval

  3. Slide 3: For personal use only

    For personal use only 12/8/2010 3

  4. Slide 4: Corporate Information

    For personal use only Corporate Information • ASX code: PDY • Issued capital: – shares: 1.37B – Options 1.84B • Market Cap $23.2M (as at 3 December 2010) • Cash $1.4M • Debt: Nil • Top 20 shareholders 27.0% (held as at 3 December 2010) • Stakes in ASX listed Companies: – Yellow Rock Resources 41M sh

  5. Slide 5: Iron Ore Demand

    For personal use only Iron Ore Demand • Iron ore demand over next four years to equal volumes provided by Australian suppliers to date” (Albanese, RioTinto CEO) • Introduction of quarterly iron ore contracts in 2Q10 brings stability to pricing • 2010 crude steel production expected to be 1389mt in 2

  6. Slide 6: Padbury Overview

    For personal use only Padbury Overview • Leading emerging iron ore junior with significant project in mid-west region of Western Australia • Focus – creation of shareholder wealth • Flagship Peak Hill JV project has the potential to rival the significant deposits of the region • Peak Hill overall ex

  7. Slide 7: Peak Hill Iron Ore JV

    For personal use only Peak Hill Iron Ore JV • 70 / 30 JV between Padbury and Aurium • Telecom Hill contains magnetite & hematite material • 10,500 metre RC drilling program completed December 2010; results confirmed significant magnetite mineralisation • Best intersection of 198 metres at 34.2% Fe •

  8. Slide 8: Geology

    For personal use only Geology • Exploration target¹ of 3.5-5Bt grading 25-35% Fe in 3 areas within tenements • Best preliminary Davis Tube Recovery test work wherein mineralisation grading 30% Fe was upgraded to 67.7% Fe at grind size of 38 micron with mass recovery of 21.5% to concentrate. • Simila

  9. Slide 9: Geology cont

    For personal use only Geology cont • Additional areas in Mt Padbury to be mapped 4Q10 and test drilled 1Q11. • Exploration target¹ of 55Mt Direct Shipping Ore grading 55-58% Fe in 11 areas within tenements 1The potential quantity and grade of the Peak Hill Iron JV project is conceptual in nature and

  10. Slide 10: For personal use only

    For personal use only 12/8/2010 10

  11. Slide 11: Regional Magnetics

    For personal use only Regional Magnetics Fortnum Telecom Hill Mount Padbury 12/8/2010 11

  12. Slide 12: December 2010 Magnetite Drill Results – Largest Intercepts

    For personal use only December 2010 Magnetite Drill Results – Largest Intercepts From To Intercept Fe% (m) (m) (m) HRC61 0 198 198 34.2 HRC62 28 153 125 34.3 HRC63 0 96 96 33.7 HRC64 0 198 198 31.2 HRC65 0 176 176 31.4 HRC70 24 172 148 30.7 12/8/2010 12

  13. Slide 13: Drill Collar Locations

    For personal use only Drill Collar Locations 12/8/2010 13

  14. Slide 14: Schematic Cross-section through the Western Flank target

    For personal use only Schematic Cross-section through the Western Flank target 12/8/2010 14

  15. Slide 15: Schematic Cross-section through the Western Flank target

    For personal use only Schematic Cross-section through the Western Flank target 12/8/2010 15

  16. Slide 16: Project Strengths

    For personal use only Project Strengths • Extensive potential strike length  10 Km Robinson Range  6 Km Horseshoe formation • Oakagee port and rail to commence 2015 • Within 100kms of Crosslands proposed rail head • Within 100kms of Goldfields gas pipeline • Established mining camps and culture wi

  17. Slide 17: Magnetite Project Comparison

    For personal use only Magnetite Project Comparison Company Project Market Resource Target Capitalisation Atlas Ridley $1,712M 2.5Bt@36.5% Crossland Jack Hills n/a 991Mt@34.1% 3Bt Resources Gindalbie Karara $1,037M 2.5Bt@35.9% Grange Southdown $853M 650Mt@36.5% Resources Padbury Peak Hill $23M - 3.5-

  18. Slide 18: Oakagee Port - Infrastructure

    For personal use only Oakagee Port - Infrastructure • Port 30km north of Geraldton targeted to be operational 2015 – cape sized ships • $700M committed by State/Federal governments • Premier Barnett fully committed to project claiming it to be most important for economic development of the state ove

  19. Slide 19: Location

    For personal use only 12/8/2010 Location 19

  20. Slide 20: For personal use only

    For personal use only 12/8/2010 20

  21. Slide 21: Where To?

    For personal use only Where To? Year One Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Review project geology. Confirm iron ore resource potential Delineate maiden resource (~500Mt Inferred) Complete a conceptual mining study Commence baseline studies (hydro, En

  22. Slide 22: Conclusion

    For personal use only Conclusion • Leading emerging iron ore junior with significant project in mid-west region of Western Australia • Compelling valuation vs. peers • Focus – creation of shareholder wealth • Flagship Peak Hill JV project has the potential to rival the significant deposits of the re

  23. Slide 23: Competent Person’s Statement

    For personal use only Competent Person’s Statement • The geological modelling and estimation of the Exploration Target1 for Padbury’s Peak Hill Project was completed under the overall supervision of Mr. Daniel (Stan) Wholley BSc, who is a full time employee of CSA Global Pty Ltd and is a Competent P

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