Terramin Australia Limited · ASX:TZN
Terramin Australia — Africa Downunder Conference 2010
24 slides from Terramin Australia's conference presentation, Sep 3, 2010
Slide 1: Terramin & Tala Hamza – Africa Downunder Conference September 2010
TERRAMIN AUSTRALIA LIMITED For personal use only Terramin & Tala Hamza Africa Downunder Conference September 2010
Slide 2: Important information
Important information For personal use only The information in this presentation is designed as an aid to a spoken explanation. It is not to be considered without that explanation. It is not intended to guide any investment decisions in Terramin Australia Ltd. The information is intended as a guide
Slide 3: Contents
Contents For personal use only Corporate Introduction & Strategy Outlook for Zinc Performance of Angas Progress at Oued Amizour Conclusions TERRAMIN AUSTRALIA LIMITED SLIDE No. 3
Slide 4: Terramin is ...
Terramin is ... For personal use only ...a zinc producer with a significant African project Angas Zinc Mine - South Australia (100%) Operating at capacity Oued Amizour Project – Algeria (65%) Feasibility study almost complete Menninnie Dam Project - South Australia (24%) Watching brief A
Slide 5: Fast facts
Fast facts For personal use only Market Capitalisation: $93m Shares on Issue: 166.1m Options Outstanding: 9.6m Cash $17m and Debt $23m Convertible Notes: 5 Year $5.0m at $2.21/share 5 Year US$10.0m at VWAP 5 Year US$15.0m at VWAP Shareholders total over 4000 NFC 9.3% Transamine
Slide 6: Terramin's strategy
Terramin’s strategy For personal use only Discover or acquire and develop base metal mines In close proximity to infrastructure With low capital and operating costs To grow the company by Building on existing portfolio through focused exploration Seeking to acquire base metal projects th
Slide 7: Zinc market & price outlook
Zinc market & price outlook For personal use only A number of large zinc mines are likely to close over the next five years – Brunswick, Lisheen, Century and Skorpion The pipeline of large projects developments to fill the deficit is short and require a high incentive price for commitment The
Slide 8: Angas Zinc Mine
Angas Zinc Mine For personal use only 2010 Forecast: 400,000t ROM, 48,000t Zinc Conc and 18,000t Lead Conc Zinc price of US$2,300/t for the September quarter Five year LOM with exploration for additional inventory to extend mine life underway Outstanding regional exploration potential on t
Slide 9: Angas exploration targets
Angas exploration targets For personal use only 0 mRL surface 3.0m @ 1.4% 2.0m @ 2.0% 6.8m @ 1.8% 1.8m @ 3.5% 2.2m @ 1.9% 2.3m @ 1.9% -250 mRL 2.1m @ 10.6 % 2.1m @ 2.8% 1.9m @ 3.6% -500 mRL 2.0m @ 5.1% 4.1m @ 4.2% 2.9m @ 5.5% Angas Resource 0 500 with May 2010 Level Development metres -750 mRL Explo
Slide 10: Progress at Oued Amizour Project
For personal use only Progress at Oued Amizour Project TERRAMIN AUSTRALIA LIMITED SLIDE No. 10
Slide 11: About Algeria
About Algeria For personal use only The second largest country in Africa and gained independence in 1962 from France Capital Algiers (3.9m),Population 34 million, 99% Arab- Berber people and over 95% Sunni Muslim Government: Elected President and Council of Nation (upper house, 144 seats) and
Slide 12: Project ownership
Project ownership For personal use only Exploration Permit 5225PE (current until Aug 2011) 100% owned by Western Mediterranean Zinc (“WMZ”) incorporated private Algerian company WMZ Ownership: 65.0% Terramin 32.5% ENOF (Algerian Govt. company) 2.5% ORGM (Algerian Govt. company) Terramin is
Slide 13: Oued Amizour….Close to major European markets
Oued Amizour…. For personal use only Close to major European markets FRANCE ITALY PORTUGAL Madrid Rome Lisbon SPAIN Sardinia Sicily Mediterranean Sea Rabat Algiers Tunis MALTA MOROCCO ALGERIA TUNISIA location is only one competitive advantage…. TERRAMIN AUSTRALIA LIMITED SLIDE No. 13
Slide 14: More competitive advantages
More competitive advantages For personal use only Infrastructure A major port, international airport and 695 000 mE 700 000 mE 705 000 mE 710 000 mE 715 000 mE ample water for processing plant Bejaia International Port 385 000 mN Cheap power and fuel (US$) 385 000 mN Low cost grid power (3c/
Slide 15: The Tala Hamza deposit
The Tala Hamza deposit For personal use only Mineral Resource Measured, Indicated and Inferred 68.6 Mt at 4.6% Zn, 1.1% Pb As at November 2009 Resource inclusive of Reserve Ore Reserve Probable 24.1Mt @ 5.9% Zn, 1.7% Pb As at October 2008 Note: See slides 23 and 24 for complete JORC Statement TERRAM
Slide 16: Tala Hamza progress to date
Tala Hamza progress to date For personal use only Prefeasibility study: Sub level caving with block caving option Further geotech work (3,800m of drilling) showed orebody will not support development but competent footwall suitable for block cave development Moved plant location for larger sca
Slide 17: Mine infrastructure and exploration
Mine infrastructure and exploration For personal use only TERRAMIN AUSTRALIA LIMITED SLIDE No. 17
Slide 18: Objectives for the next months
Objectives for the next 12 months For personal use only Complete Definitive Feasibility Study (DFS) Complete land acquisition Obtain Mining Lease Tender process for civils and decline development Complete project financing Commence construction Continue regional exploration program on
Slide 19: Relationship with Government
Relationship with Government For personal use only Terramin is working in close collaboration with the Algerian Government which has indicated that Tala Hamza is a “Project of National Importance” Our partners will engage an international independent expert to run a due diligence review on the D
Slide 20: Exploration
Exploration For personal use only Recent exploration activity at the Lbarkouk prospect has confirmed a large hydrothermal alteration system Channel sampling has recorded a number of polymetallic zones with anomalous copper and gold mineralisation Follow up drilling is in progress Significant p
Slide 21: Where on the league table
Where on the league table For personal use only Tala Hamza has the potential to be a top ten zinc producer.... Zinc Mine Output (Zn Metal - 000's mt) 700 600 500 400 300 200 100 0 Rampura- Red Dog Century Antamina Mt Isa San Tala Tara Skorpion Lisheen Agucha (multiple Cristobal Hamza mines) (4 Mtpa)
Slide 22: Conclusion
Conclusion For personal use only Terramin is poised for a period of growth: Capable and experienced Board Management team expanding to cater for the growth Angas Zinc Mine to provide cash flow support Consistent progress achieved at Oued Amizour with positive Algerian Government support Ta
Slide 23: Resources & Reserves June 2010
Resources & Reserves June 2010 For personal use only Resource Table Measured Indicated Inferred Total Resources TZN Zinc Lead Copper Silver Gold Zinc Lead Copper Silver Gold Zinc Lead Copper Silver Gold Zinc Lead Copper Silver Gold Interest Tonnes grade grade grade grade grade Tonnes grade grade gra
Slide 24: Notes to Reserves & Resources
Notes to Reserves & Resources For personal use only 1. Resources for Angas are estimated at a cut off of 2% Pb+Zn 2. Resources for Tala Hamza are estimated at a cut off of 2.5% ZnEq. The Zinc Equivalence formula for Tala Hamza is %ZnEq = %Zn + 0.59 x %Pb and is based on long term predicted prices at
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