Admiralty Resources NL · ASX:ADY

Admiralty Resources NL — Shareholder Meeting (June 2009)

14 slides from Admiralty Resources NL's shareholder meeting presentation, Jun 15, 2009

  1. Slide 1: News Release: Amendment to the Presentation Released at the EGM

    NEWS RELEASE For personal use only Release Time IMMEDIATE Date 15 June 2009 AMMENDMENT TO THE PRESENTATION RELEASED AT THE EGM Please find enclosed a full copy of the presentation released to the ADY shareholders during the EGM held this morning at the Radisson Hotel, 380 William Street, Melbourne.

  2. Slide 2: For personal use only

    For personal use only Admiralty Resources NL ABN 74 010 195 972 Registered in Australia Registered Office: Level 14, 200 Queen Street Melbourne Victoria 3000 Australia Tel: +61 3 9642 8787 Fax: +61 3 8677 6949

  3. Slide 3: Corporate Structure

    CORPORATE STRUCTURE For personal use only ADMIRALTY RESOURCES NL SUBSIDIARIES FIVE STAR RESOURCES FORTUNE GLOBAL INVERSIONES ADMIRALTY BULMAN RESOURCES ADY INVESTMENTS PYKE HILL RESOURCES HOLDINGS RESOURCES CHILE LIMITADA (currently inactive) SCM VALLENAR S. B. GRANELES S.A. IRON COMPANY

  4. Slide 4: Last Months in a Nutshell

    LAST 6 MONTHS IN A NUTSHELL For personal use only NOVEMBER 2008 JUNE 2009  Increase in company assets and gain smoothness at management level.  Settlement of all legal issues.  Reduction of debt:  A$11.8m to Hawskwood Investments Pty Ltd’s Receivers and A$1.9m owed to private investors  paid of

  5. Slide 5: Mining Plan for 2009 & Beyond

    MINING PLAN FOR 2009 & BEYOND For personal use only Geology and Explorations Department - Gerencia de Geología y Exploraciones

  6. Slide 6: Vallenar Iron's Properties at a Glance

    VALLENAR IRON’S PROPERTIES AT A GLANCE For personal use only CHILEAN IRON ORE BELT OUR TENURE (11,000 Ha) Cerro Imán (Santa Fe) Copiapó Pampa Tololo (5,500 Ha) Manto Negro (Vechiolla) Boquerón Chañar (Hostchild, 500 mt) Los Colorados (CMP, 245 mt) Huasco Las Sosas, Huanteme, Chañar Quemado (CMP, 73

  7. Slide 7: Product Specification

    PRODUCT SPECIFICATION For personal use only The geological composition of the deposit is one of the most concentrated magnetite deposits known to exist. IRON ORE GEOLOGICAL MAKE UP (%) • Iron (Fe) 63.50 • Silica (Si02) 5.00 • Alumina (Al203 ) 1.20 • Phosphorus (P) 0.07 • Sulphur (S) 0.01 Geology and

  8. Slide 8: Japonesa Group Aeromagnetic Survey View

    JAPONESA GROUP AEROMAGNETIC SURVEY VIEW For personal use only Chillán Viejo Viviana JAPONESA MINE Japonesita Japonesa Mirador Primavera Pit 1 Camp Pit 2 Mariposa Plant Negrita Soberana Geology and Explorations Department - Gerencia de Geología y Exploraciones

  9. Slide 9: Iron Mineral Resources, SRK (2007)

    IRON MINERAL RESOURCES, SRK (2007) For personal use only Cut-off Grade 10%, * 9% DEPOSIT INFERRED RESOURCES INDICATED RESOURCES TOTAL RESOURCES Tonnage % Tonnage % Tonnage % Japonesa * 6,434,700 16.51 41,876,400 13.87 48,311,100 14.22 Japonesita 23,187,195 23.452 39,521,222 16.87 62,708,417 19.30 Ma

  10. Slide 10: Business Plan

    BUSINESS PLAN A detailed review of Vallenar Iron’s iron deposits has been undertaken to ascertain n Chile For personal use only what will it cost for the company to mine these resources. Mine cost per tonne - Rail cost per tonne - Transport - Operations Loading cost per tonne Geology and Exploration

  11. Slide 11: Structure of the Mine Operations

    STRUCTURE OF THE MINE OPERATIONS For personal use only MINE OWNERSHIP 100% ADY to secure fleet leases over transport, rail equipment and ship loaders including stand-by or portable power units. LEASE Geology and Explorations Department - Gerencia de Geología y Exploraciones

  12. Slide 12: Strategic Objectives

    STRATEGIC OBJECTIVES 1. MEASURED AND INDICATED RESOURCES Japonesita, Mariposa, Primavera and Mirador For personal use only • Validation check of the Geologic Model (Check and re-log of the drill holes, reinterpretation of the geologic profiles, incorporate the magnetic iron and total iron variable i

  13. Slide 13: Drilling Program Cost 2009-2010

    DRILLING PROGRAM COST 2009 - 2010 For personal use only Geology and Explorations Department - Gerencia de Geología y Exploraciones

  14. Slide 14: FOB Price per Tonne

    FOB PRICE PER TONNE Based on mining a minimum of 10 years at a conservative For personal use only production rate of 2,500,000 tonnes per annum Capital Works x $1000 Cost per tonne Comments RAILWAY UPGRADE $36,175 $3.15 Rebuild every 5 years BRIDGES $600 $0.25 Annualized cost TRAIN & OFF MINE MOBILE

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