Arafura Rare Earths Limited · ASX:ARU
Arafura Rare Earths — Arafura Resources — Investor Presentation (April 2005)
37 slides from Arafura Rare Earths's investor presentation, Apr 1, 2005
Slide 1: Arafura Resources
IRAFURA RESOURCES | Alistair Stephens —_ Managing Direct : |. - Apsl 2005. _ An emerging 8 fue | Act a ‘Resourcing the futu re
Slide 2: Company profile
2 9 milion options _. COMPANY PRO : PERTH. B ASED : : | MARKET CAPITALISATION. . as million sha res Over S10 milion _ ASX code: ARU _ |. ..—s IPpOi issue price: $0. 20 UsTED . Issue e date: Noy 2003 _ Australian exchange sds Frankfurt exchange / ASX code: ARUO _ CASH POSITION i & 6m _Arafuri r a
Slide 3: Company Board
COMPANY BOARD | Peter Walker Now “exec Chaitman . MD of Dominion , Chaitman of Anvil. . Mick Muir _ - Executive Director | : MD of Mt Maa and Noble Resources _ Tan Kowalick Non-Executive Di : Senior positions in resource, hnical eee banking Marcus Rose
Slide 4: Managing Director
| Alistair — . Explosation, mi oe andr resource oe Resourcing the future _
Slide 5: Project map
FRANC anre MT PORTER | CORONET HILL (Ai (Au, W, Sn) DAVENPORT RANGES 4 {Au, BM) "AILERON REGIONAL (Au, BM, REE) Gas processing hig luids processing (oll, condensate, LPG) Existing natural gas pipeline Proposed natural gas pipeline Projects technology Aratura Resourcing the future
Slide 6: Gold portfolio
: a NL GOLD PORTFOLIO — Mt Porter Frances Creek | -Kurinelli ey
Slide 7: Frances Creek and regional projects
FRANCES CREEK (Au Fe) MT PORTER CORONET HILL (Au) (Au, W, Sn) DAVENPORT RANGES 4g (Au, BM) y | AILERON REGIONAL Au, BM, REE) , NOLANS BORE Gas processing Liquids processing (oil, condensate, LPG) Existing natural gas pipeline Proposed natural gas pipeline
Slide 8: Resources
RESOURCES — la. _ g/tAu Tolieted 300000 41 - Taferred - 55,000 2 Total —- 355,000 3.0
Slide 9: Gold - Frances Creek
_ GOLD - FRANCES CREEK _ SUBSTANTIAL POTENTIAL First Stage Drilling «50m depth _ oe a Potential along strike aad at depth
Slide 10: Iron Ore - Frances Creek
IRON ORE - FRANCES CREEK — Approx. 2mt Iron Ore @ 60-63% Fe Mining rights to Territory Iron PL _ Royalty payments $1.30 /ta Historic mining 17mr @ 60-63% Fe
Slide 11: Tennant Creek District
_ Deeph weathered : Hidden reefs Tennant Creek District —
Slide 12: Gold result and geology
QarCz} Atuvial cover Dace, micsngranite Boleite anc gabibreic shgroenstones Kurinatli Sandstone Epenaira Voicarics peers Ooradiczes Subgroup Roonsys Formation Sedinrtary Sequence [J] torent outing 4B 4x_ Mine. Prospect o Prospector pit ‘Exclusion zone Granted mineral claim 2 Minera lien applination
Slide 13: Gold strategy 2005
GOLD STRATEGY - 2005 - ae of Mt Porter > Progress | PER Test! Frances Creek Y "Drilling along: strike and depth Advance Kurinelli >» Soil onl — drill tarcets
Slide 14: Arafura Resources
_ ARAFURA RESO ey i
Slide 15: Regional projects
\ Greater a 2 FRANCES CREEK rea i (Au, Fe) ; lela os TenniraRy! 5 i N Tungsten Tin Base Metals fron Phosphate Uranium ILERON REGIONAL (Au, BM, REE) a : JERVOIS (BM, REE) HAMMER HILL | (REE, Diamonds) | Gas processing Liquids processing foil, condensate, LPG) Existing natural gas pipeline Proposed na
Slide 16: Lagoon Creek
_ LAGOON CREEK © ee - on. 2. 2, 4% oe . Gold mineralisation 4-12 elt | Intercepts _ 1 20 metres _ : “20. 100 mn . _ Westmoreland ae : Qld deposits host £20,000 tonnes
Slide 17: Project location and structural geology
137°40" . 137°50" ; . _ Me Dermott ARAFURA RESOURCES NL ~ Fomation PROJECT LOCATION AND STRUCTURAL GEOLOGY “Me Dermatt Formation Project Plan Ground geophysics Zz Drilling targets Ground geochemistry | i= 128 00 1@® ElHussen (U) ~ 2@ Coban 2 (Au,U) 3@ WU) : 4@) (Au,U) Drill hole intercepts. 5@ Eva (
Slide 18: Lagoon Creek uranium mineralisation model
Jacksons El Hugsen Eva Mine, Jim Beam : Mageere Southern Sina: sulaoe ancmales RARE Mulaman Beds MIDDLE | Seigal Volcanics PROTEROZOL : | Westmoreland Conglom erate LOWER PROTEROZOIC, ‘Duccios No surice EXPIPSSION Crefnecus, \ cover eo Fault RP -Mineralisation Schematic only Westmoreland Deposits (R
Slide 19: Nolans Bore
_ ARAFURA RESOURCES NL | -NOLANS BORE _ Phosphate Rare Earths h technolo Ss gy
Slide 20: Project map
FRANCES CREEK (A Us Fe) MT PORTER CORONET HILL 7 (Au) | " (Au, W, Sn) AVENPORT RANGES (Au, BM) JERVOIS - (BM, REE) | HAMMER HEL EE, Diamon Gas processing Liquids processing foil, condensate, LPG) Existing natural gas pipeline Proposed natural gas pipeline
Slide 21: Resource
2 reson 2 — P.O; “% REOY O, (Ib/t) _ Indicated 2.26 14.9 38. a - Inferred 3.54 oo 30 oe ‘Total — 7 165 a _ a Contained metal 9601 . 2306 1.8000 _ UNDER EXPLORED
Slide 22: Nolans Bore prospect plan
318.500mE 319 000mE WEST ZONE | 319.400mE 7.502:200mN 2 Lannie * . * ” 7 > a Resource open wos : along strike | WESTERN ZONE RESOURCE ‘EASTERN ZONE RESOURCE 7-501. 600mN : AT sy a” 7801400mN 0 “eG0m N | . be ARAFURA RESOURCES NL. > ____} Alluvium : Ts Drainage . Aileron EL23674 Caleete capstone @ >
Slide 23: Nolans Bore prospect plan
318 600mE 319 00OmE 319 400mE WEST ZONE 7502 200mN wee pe : 4 WESTERN ZONE RESOURCE i‘ ‘EASTERN ZONE RESOURCE 7-801 600mN ) Fo 4 January.2005 1 1 7:01 400mN-. 0 200m : \ N 4 ARAFURA RESOURCES NL L_] ;-Aletry Ts. Drainage Aileron EL23671 Pakeete capstone @ > Drithole NOLANS BORE PROSPECT Surface proj
Slide 24: Nolans Phosphate
_Nolans Phosphate Basis for NPK & Ca-N Fertiliser _ Significant Australian Market Huge Asian market Phosphate B= Notional product rate 250 ktpa rock _
Slide 25: The Process
Phosphate Nitric acid _ The Process | Apatite] Rock HNO, — Cay PO, oo U) CoN ae ce REO/U “fertiliser ‘fertiliser “concentrate Fluoro-silicate waste
Slide 26: 70% Saleable Product
70% Saleable Product | Apatite Rock 250,000 tonnes _ ee FO, “(REO/U) © - Nitic acid a p Phosphate 70" Yo ¢ N N o _ fertili ser fee 100,000 ¢ eo 15,0008 a Hluoro-silicate waste 30% 70,000 t
Slide 27: Project scope - alternatives
Project Scope - alternatives. | PHASE ee ee hosphate rock Nitric Acid | | Trahsport to port REO conc 4 Conc sales ie
Slide 28: Nasa
Nasa De tonnes”
Slide 29: Hybrid Synergy Drive
Introduction Power sources Power split device Power centre Systern contra! Startup Horraal Acceleration Braking HOW DOES IT WORK System Overview Hybrid Synergy Drive combines an advanced internal combustion engine and electric motor technolagy, all managed by intelligent electronic control systems.
Slide 30: Emission control
_ Emission control _ . Reducing Greenhouse gases _ Kyoto Protocol ‘Fuelefficiency ‘Technology - growth market
Slide 31: Valuation
Valuation See “Resource grade te 25% conversion to minable reserve Mining assum. nptions ~5mt 25% 5.0% 0.05% technology
Slide 32: Key assumptions
Cider assumptions . Strip ratio 4: 1- 1. 25mtpa toval Hydrometallurgy recovery 90%. 2 Exchange rate 0. 80 $5.9 9 pet Kg of REO oe ave Excludes REO’s less than 0. 3% 1 in in grade Phroephate x at CAS 2 50 D/ % Pp, Oo,
Slide 33: Financial results
_ Financial eels __eonstant 2005 dollar value-no price variation = —__ Mt) Weld —sCNNollans Bore -— feasibility study . " desk top preliminary er—— rt—<“—srti“‘CiOCi‘C‘“C oo @a i ee ine ee 3 _ EBITDA (sm) ee ag REO. At ee
Slide 34: Nolans 2005
Nolans. ee 2005 Dauion drilling Mine optimisation j desion iH dro-metallurgical test-work Engineering concepts _ | Pilot plant j Feasibility - 2006
Slide 35: Summary 2005
<SuMry 2000 Mt Porter Frances Creek : a
Slide 36: Diverse commodities
» Diverse commodities Uniqu Ss _ Growth potential i Significant opportunity -
Slide 37: Commodities for technology
Commodities for — arths technology
Arafura Resources — Investor Presentation (April 2005) on 6ix