Slide 1: Investor Presentation March 2022
For personal use only INVESTOR PRESENTATION March 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by CuFe Ltd (“CuFe” or the “Company”). It is not a disclosure document and should not be considered as an offer or For personal use only invitation to subscribe for, or purchase any securities, in the Company or as an inducement to make an offer or invi
Slide 3: Investment Highlights
Investment Highlights CuFe’s investment proposition is predicated on its high grade, premium product iron ore projects and exposure to Copper, a key strategic metal. For personal use only EARLY CASH FLOWS 1 Fe production underway at low initial capital cost. Leveraged to current elevated iron ore pr
Slide 4: Corporate Snapshot
Corporate Snapshot CuFe is an ASX-listed commodity play with an experienced board and management team For personal use only Company Overview Board of Directors & Management CuFe Ltd is an Australian mineral exploration and producing company with interests in various projects and tenements prospectiv
Slide 5: Projects
Projects @ Alice Springs Bryah Basin * Projects
Slide 6: Tennant Creek Copper / Gold
Tennant Creek Copper / Gold Acquisition of material tenement package in rich copper / gold producing area For personal use only • CuFe acquiring a 60% interest (including operatorship) over some 240km of highly prospective tenure at Tennant Creek in the Northern Territory (Tennant Creek). Ownership
Slide 7: Tennant Creek – Project Overview continued
Tennant Creek– Project Overview continued Opportunity to fast-track production at Orlando For personal use only Evaluation of Development Scenarios • Initial focus is on assessing the feasibility of a cut back of the existing Orlando open pit which was last mined by Normandy in the mid 1990’s • Subs
Slide 8: Tennant Creek – Project Overview continued
Tennant Creek– Project Overview continued Hitting the ground running For personal use only Evaluation and Assessment work underway • Consultants who have long history of involvement with the project have been engaged in areas of heritage, environmental, metallurgical and water management • Wet seaso
Slide 9: Bryah Basin JV Projects
Bryah Basin JV Projects Comments • Tenements proximal to: Sandfire For personal use only Resources NL (ASX: SFR), Doolgunna Project; and DeGrussa copper-gold mine, and other gold and copper prospects • Exploration & prospecting licences within Auris Minerals Ltd (ASX: AUR): Forrest Project; and Morc
Slide 10: For personal use only
@ Alice Springs Meekatharra m * Wiluna West JWD Deposit # Geraldton
Slide 11: Wiluna West JWD Deposit
Wiluna West JWD Deposit Operating mine producing high grade, low impurity iron ore For personal use only • CuFe has a 60% interest (including operatorship) in the Iron Ore Mining Rights Agreement over the Wiluna West Ownership JWD deposit (JWD Project). • Acquisition consideration is payable to tene
Slide 12: JWD Project – Project Overview
JWD Project – Project Overview Low initial capital cost, fast track production proves development credentials For personal use only Operations & Development • Mine development completed in less than 4 months, for capital cost of circa $4m • Utilising contractors for performance of mining, crushing a
Slide 13: JWD Project – Project Overview continued
JWD Project – Project Overview continued Strong pricing achieved and effective price risk management For personal use only Sales • Sales contract entered for life of mine with leading global trading house Glencore. Contract is agency style arrangement where the parties work collaboratively to identi
Slide 14: Iron Ore Price vs Realised Price vs Share Price
JWD Project – Project Overview continued Iron Ore Price vs Realised Price vs Share Price For personal use only 14
Slide 15: Yarram Iron Ore Project
Yarram Iron Ore Project Yarram has the potential to host a low cost iron ore operation due to its proximity to port For personal use only • CuFe holds a 50% interest (including operatorship) in the Ownership Yarram Iron Ore Project (Yarram). • Yarram has been the subject of significant historical Pr
Slide 16: Yarram – Transport Logistics are favourable
Yarram – Transport Logistics are favourable Yarram is located ~110km from the port in Darwin, which currently has export capacity available For personal use only Logistics solution is attractive • Road Haulage: Yarram’s close proximity to the Darwin port will result in a low product transport cost i
Slide 17: Next Steps
Next Steps For personal use only TENNANT CREEK 1 Progress feasibility and approvals work on Orlando open pit cutback JWD PROJECT 2 Focus on grade and cost optimisation to maximise ability to continue to participate in elevated iron ore prices, while building hedge protection for downside YARRAM 3 Re
Slide 18: Appendix
For personal use only Appendix 18
Slide 19: Attributions
Attributions Competent Persons JORC Statement (pre mining)* For personal use only Statement The information in this presentation that relates to Exploration Results is based on information compiled by Mr Olaf Frederickson. Mr Frederickson is a Member of The Australasian Institute of Mining and Metal
Slide 20: For personal use only
For personal use only +61 (8) 6181 9793 ir@cufe.com.au cufe.com.au