Havilah Resources Limited · ASX:HAV

Havilah Resources — Investor Presentation (May 2016)

23 slides from Havilah Resources's investor presentation, May 12, 2016

  1. Slide 1: Maldorky Iron Ore Project: A Different Approach

    For personal use only Maldorky Iron Ore Project : A Different Approach Dr Chris Giles Managing Director Magnetite Strategy Presentation, 12th May 2016 www.havilah-resources.com.au

  2. Slide 2: Cautionary Statement

    Cautionary Statement For personal use only The information contained in this presentation is not financial product advice. The presentation is for information purposes and is of a general and summary nature only. Neither Havilah Resources Limited (Havilah) nor any member of the Havilah Group of comp

  3. Slide 3: Location – Braemar Iron Province

    Location – Braemar Iron Province For personal use only Havilah iron ore projects Department of State Development 3

  4. Slide 4: Maldorky Key Attributes

    Maldorky Key Attributes For personal use only  Comparatively high grade : 30% Fe  Negligible overburden : 0-5 m  Comparatively soft ore : BBWi 4.8 kWh/t  Low stripping ratio : 0.19 LOM  Simple geometry : horizontal slab  Close to rail line : 26 km Department of State Development 4

  5. Slide 5: Tenement and local logistics

    Tenement and local logistics For personal use only Department of State Development 5

  6. Slide 6: Deposit is Simple and At Surface

    Deposit is Simple and At Surface For personal use only  147Mt @ 30.1% Fe Indicated Resource* (applying an 18% Fe cutoff) Ore outcrop in pump test pit  Flat lying rectangular slab of iron ore up to 120m thick lying 0-5m below surface Department of State Development * refer to table at the end of th

  7. Slide 7: Staged Open Pit Design

    Staged Open Pit Design For personal use only Stage 3 Simple three stage open pit Stage 2 design captures 139Mt of the 147Mt resource Stage 1 Life of mine strip ratio 0.19 Department of State Development 7

  8. Slide 8: Simple Geometry – Flat Slab

    Simple Geometry – Flat Slab For personal use only  Simple open pit mining geometry  Minimal overburden and internal waste Department of State Development 8

  9. Slide 9: Hematite – Magnetite Ore

    Hematite – Magnetite Ore For personal use only Challenge : All Braemar iron ore deposits contain some hematite. How is the most efficient way to recover it ? Hematite Opportunity: Better Fe yields Department of State Development 9

  10. Slide 10: Low Impurity Gravity Concentrate

    Low Impurity Gravity Concentrate For personal use only Low energy grinding to 106u and use of cyclones, jigs, reverse classifiers to concentrate Fe 65.2% SiO2 4.94% Al2O3 0.47% CaO 0.25% MgO 0.12% K2O 0.06% MnO 0.05% TiO2 0.37% Major Challenges : P 0.06% LOI of State Development Department 0.44% Wat

  11. Slide 11: Favourable Physical Properties

    Favourable Physical Properties For personal use only MALDORKY BANDED IRON Materials testing conclusion : • Soft UCS (MPa) 58 ~350 • Weakly abrasive BAi (Abrasion Index) 0.033 0.3 – 0.7 • Not power hungry in a ball or rod mill BBWi – 106u (kWh/t) 4.7 15 - 30 BRWi – 1180u (kWh/t) 8.9 15-25 Est power (

  12. Slide 12: ML Application Lodged With DSD

    ML Application Lodged With DSD For personal use only TSF Pit Department of State Development 12

  13. Slide 13: Transport Route

    Transport Route For personal use only Existing rail Challenge : to Snowtown Multi-use port and handling facility near Wallaroo is Grants 304 Mt @ 24% Fe* essential to open up Maldorky 147 Mt @ 30% Fe* the Braemar Iron Lilydale >500Mt target Province. Opportunity : A game changer for eastern SA. Bene

  14. Slide 14: Snowtown to Wallaroo Rail Option

    Snowtown to Wallaroo Rail Option For personal use only Challenge : Financing to refurbish and renew the Snowtown – Wallaroo rail line link. Opportunity : Corridor still exists. Shortest route to the coast. Enhances usefulness of a port and vice versa. Department of State Development 14

  15. Slide 15: Snowtown to Wallaroo Railway

    Snowtown to Wallaroo Railway For personal use only Old Standard and Broad Gauge Track To Adelaide To Wallaroo and rail corridor still in place Snowtown interchange Department of State Development 15

  16. Slide 16: Deep water in Spencer Gulf

    Deep water in Spencer Gulf For personal use only Havilah has access to 300Ha of land south of Wallaroo Department of State Development 16

  17. Slide 17: Rail Route Kadina to Coast

    Rail Route Kadina to Coast For personal use only Challenge : Building new railway around Kadina to the coast. 300Ha land available to Havilah Department of State Development 17

  18. Slide 18: Barge Berth and Storage Layout

    Barge Berth and Storage Layout For personal use only Challenge : Attracting the finance to build this facility. Opportunity : Key strategic infrastructure that will allow substantial iron ore, hay and grain exports and fertilizer imports. Department of State Development 18

  19. Slide 19: Oblique View From Northeast

    Oblique View From Northeast For personal use only Simple and workable concept Department of State Development 19

  20. Slide 20: Panamax Ship Off “Port Havilah”

    Panamax Ship Off “Port Havilah” For personal use only This ship’s captain is a true visionary – are we up to the task ? Department of State Development 20

  21. Slide 21: Novel Low Capex Approach

    Novel Low Capex Approach For personal use only • Relatively low mining and processing costs, higher grades and good logistics (proximity of rail and Broken Hill) allows us to consider low capex options. • Start small (eg 1-2 Mtpa) and use existing rail and port infrastructure to minimise capex and p

  22. Slide 22: Havilah Iron Ore Resource Inventory

    Havilah Iron Ore Resource Inventory For personal use only Maldorky: 147,000,000 tonnes of 30.1% Fe Grants: 304,000,000 tonnes of 24% Fe Potentially Total: 159,000,000 tonnes of premium grade iron ore product Project* Resource Category Tonnes (Mt) Iron Iron (%) tonnes Est Yield Maldorky1 Indicated 14

  23. Slide 23: Contact

    Contact For personal use only Department of State Development Level 4, 11 Waymouth St Adelaide, South Australia 5000 GPO Box 320 Adelaide, South Australia 5001 T: +61 8 8226 3821 E: dsdreception@sa.gov.au www.statedevelopment.sa.gov.au

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