Slide 1: Cazaly Resources Limited - AMEC Presentation September 2008
CAZALY RESOURCES LIMITED For personal use only AMEC PRESENTATION SEPTEMBER 2008 RIGHT COMMODITIES WORLD CLASS PROVINCE IRON ORE PILBARA GOLD KALGOORLIE NICKEL KAMBALDA Level 1 22 Oxford Close, West Leederville, Western Australia Ph: (08) 9380 4600 Email: admin@cazalyresources.com.au PO Box 396 West
Slide 2: Capital Structure / Valuation Matrix
CAPITAL STRUCTURE / VALUATION MATRIX For personal use only MARKET Asset Asset Value Class CAPITALISATION Cash $2.8M Fully Paid Shares 61M Listed Securities $4.2M Market Cap @$0.20 $15.25M Parker Range – 80% – Peer Average / t Fe ?? Market Cap@ $0.50 $30.5M Pilbara Iron Ore – Exploration Upside ?? Ma
Slide 3: Substantial Pilbara Iron Ore Projects
CAZALY RESOURCES Limited For personal use only SUBSTANTIAL PILBARA IRON ORE PROJECTS Drilling commencing on Hamersley Project Sept/Oct 2008 Historic intercepts up to 62% Fe Great infrastructure – projects adjacent to FMG’s massive Serenity and Solomon resources PARKER RANGE IRON ORE PROJECT GROWING
Slide 4: Pilbara Hamersley Iron Province
PILBARA IRON ORE PROJECTS For personal use only HAMERSLEY IRON PROVINCE ∃∃ Mesa Mesa JJ Previous drilling Rockchips up Previous drilling identified identified alluvials to 61.3% Fe enriched banded iron Rockchips up to a depth of 116m 18m @ 55.3% Fe, to 64% Fe eoh 2m @ 60.6% Fe MT BROCKMAN MT BROCKMA
Slide 5: Pilbara Hamersley Project
PILBARA IRON ORE PROJECT For personal use only HAMERSLEY PROJECT -Potential for both CID and Bedded Iron Deposits -Historic intercepts from only hole up to 62%Fe -Great infrastructure – adjacent to FMG planned rail -Drilling commencing Sept/Oct 2008. Approvals granted.
Slide 6: Pilbara Mt Walkins
PILBARA IRON ORE PROJECT For personal use only 620,000 mE 625,000 mE 630,000 mE 635,000 mE 640,000 mE 645,000 mE MT. WALKINS Rockchip Results (in % Fe) 7,545,000 mN 7,545,000 mN Previous drilling includes 58 58 56 56 -Potential for Bedded Iron Deposits 18m @ 55.3% Fe 63 63 58 58 -Historic intercepts
Slide 7: Rhodes Ridge - Agreement with FMG
RHODES RIDGE IRON ORE PROJECT For personal use only CAZ REACH AGREEMENT WITH FMG – MAXIMUM CAZ PAYMENTS $1.65B -CAZ agree to transfer tenements to FMG for substantial royalty payments if case successful -Warden’s Court hearing set for 4/5th December 2008 -CAZ claim that the RRJV do not hold valid ri
Slide 8: Parker Range
PARKER RANGE IRON ORE PROJECT For personal use only CAZ EARNING 80% OF FE RIGHTS -Large tenure > 250 sq. km, 15km enriched banded iron formation discovered -First drilling targeted a 2.2 kilometre outcropping zone of mineralisation -Over 2.5km of strike drilled to date with results including 51m @ 5
Slide 9: Value Proposition Parker Range Fe
VALUE PROPOSITION PARKER RANGE FE For personal use only Source: Capital Investment Partners – Mining Book 2008
Slide 10: West Kalgoorlie Project Regional Setting
Zuleika Shear WEST KALGOORLIE Project For personal use only Regional Setting Significant project expansion since listing. Dominant position. Kundana Global JORC compliant Resources of: Minefield 10.6Mt @ 1.8 g/t Au (612,000ozs) +7Mozs Kunanalling Shear Focused along the Kunanalling Shear, next major
Slide 11: Cazaly - The Future
CAZALY – THE FUTURE For personal use only Pilbara Iron Ore Hamersley drilling underway shortly – results Oct/Nov 2008 Mt. Walkins, Kangeenarina reconnaissance, planning underway Parker Range Iron Ore Diamond drilling underway, initial resource due Q4 2008 Infrastructure MoU’s executed Kalgoorlie Gol
Slide 12: Competent Person Statement
For personal use only The information in this report that relates to the Exploration Results, Mineral Resources or Ore Reserves of the projects owned by Cazaly Resources Ltd is based on information compiled by Mr. Clive Jones, who is a Member of The Australasian Institute of Mining and Metallurgy an
Slide 13: Cazaly Resources Limited
CAZALY RESOURCES Limited For personal use only