Czr Resources Ltd · ASX:CZR
Czr Resources — Resources Rising Stars Investor Conference 2023
21 slides from Czr Resources's conference presentation, May 16, 2023
Slide 1: Resources Rising Stars Investor Presentation
CZR Resources Ltd ABN: 91 112 866 869 Level 3, 47 Havelock St West Perth, WA 6005 PO Box 16 West Perth, WA 6872 Phone: +61 8 9468 2050 Website: www.czrresources.com The Company Announcements Office, ASX Limited 16 May 2023 Resources Rising Stars Investor Presentation CZR Resources Ltd (ASX: CZR) (CZ
Slide 2: Emerging Pilbara iron ore producer
Emerging Pilbara iron ore producer • Boutique Iron ore developer with strong financial returns • Creating value through development, inventory growth and partnerships May 2023 • Ramping up gold exploration next door to De Grey Mining’s Hemi gold discovery www.czrresources.com 1
Slide 3: Important Information and Disclaimer
Important Information and Disclaimer Disclaimer This Presentation has been prepared by CZR Resources Ltd (“CZR”). This Presentation contains general and background information about CZR’s activities current as at the date of the Presentation and should not be considered to be comprehensive or to com
Slide 4: Investment Proposition
Investment Proposition Tier 1 mining location Robe Mesa surrounded by Rio Tinto operations Over $4 billion spent or committed to developing iron ore projects on CZR’s doorstep De Grey Mining’s 8.5Moz Hemi gold project along strike from CZR’s Croydon gold project Delivering on Robe Mesa strateg
Slide 5: Corporate Overview
Corporate Overview Share Price Performance Board and Management CZR Share Price and Volume • Mining Engineer and experienced company Russell Clark executive 40 2.5 Non-Executive Shares per day Millions 35 • Previously MD of ASX listed Australian iron ore 2.0 Chairman producer Grange Resources Cent p
Slide 6: Robe Mesa
Robe Mesa Iron Ore Mine Key Milestones Achieved • 89% Increase in Mineral Resource to 45.2Mt1 • 230% increase in Ore Reserves to 27.3Mt2 • Consolidation of Robe Mesa South • Port of Ashburton Consortium (PAC) – iron ore export facility • Native Title Mining Agreement signed Robe River Kuruma Aborigi
Slide 7: Robe Mesa Overview
Robe Mesa Overview CZR owns 85% of Robe Mesa, with Creasy Group (15%) free-carried to DFS Robe Mesa is a channel iron ore Peters Creek deposit (CID), located in the West Pilbara region of Western Australia Robe Mesa is surrounded by the Rio Tinto Operated Robe River JV that currently produce 2
Slide 8: Robe Mesa Ore Reserve and Mine Plan
Robe Mesa Ore Reserve and Mine Plan Larger, more consistent pit design has resulted in 230% increase in Ore Reserves1 Exclusion Line (red) Outcropping DSO mineralisation with a low strip ratio of 1:1 In-pit dump Staged pit shells: • Mining commences in the north-east and progresses south MW LG
Slide 9: Robe Mesa – Key Project Metrics
Robe Mesa – Key Project Metrics1 Mine Production Estimate 3.5Mtpa direct shipping ore (DSO) over initial 8-year Unit Value mine life Production Rate Mtpa 3.5 Mine Life Yrs 8.0 Strip ratio of only 0.3:1 in first 18 months, reducing opex during start-up Life of Mine Strip Ratio Waste:Ore 1.0 Ore R
Slide 10: Robe Mesa – Infrastructure
Robe Mesa – Infrastructure CZR completed access agreements with subsidiaries of Rio Tinto, Mineral Resources and API Management, covering all site infrastructure requirements Tenements should proceed to grant, providing CZR with secure tenure and a path to market Key mine site infrastructure i
Slide 11: Robe Valley – A well known iron ore product
Robe Valley – A well known iron ore product Robe Mesa has similar grade specifications to Rio Tinto’s Robe Valley Fines and FMG’s Super Special Fines Robe Mesa LOM priced at 22% discount to the 62% Fe benchmark, based on long-run actual prices sourced from Platts Product Fe SiO2 Al2O3 P Robe Mes
Slide 12: Robe Mesa Iron Ore Pricing
Robe Mesa Iron Ore Pricing FOB Price Estimate 60 day rolling average 220 Robe Mesa Fines product to be priced and 200 hedged against P62 benchmark price 180 Base case P62 benchmark price of US$90/t 160 CFR used in financial analysis (currently USD/dmt CFR China 140 US$106/t) 120 Discount appli
Slide 13: Port of Ashburton
Port of Ashburton West Quay Export Facility 12
Slide 14: Port of Ashburton Consortium (PAC) Corporate and Operating Structure
Port of Ashburton Consortium (PAC) Corporate and Operating Structure CSL, CZR and Strike (SRK) to establish a separate company (PAC SPV) to assess and secure approvals for the construction of an iron ore export facility from the Port of Ashburton, Onslow (POA Facility), only 170km from Robe Mesa.
Slide 15: Port of Ashburton Consortium (PAC) Iron Ore Haulage
Port of Ashburton Consortium (PAC) Iron Ore Haulage Mine Plan CZR Strike Ore Reserves Mt 27 6 Production Rate Mtpa 3.5 1.6 Initial Mine Life yrs 8 4 Haulage (Mine - CZR Strike Stockyard) Production Rate tpd 10,500 5,000 Haulage distance km 96 150 Availability Days 330 330 Truck payload t 142 120 Cyc
Slide 16: Port of Ashburton Consortium (PAC) Landside Infrastructure
Port of Ashburton Consortium (PAC) Landside Infrastructure Truck unloader and Storage Shed –12,000t capacity Western Quay conveyor and Transhipment vessel (TSV) loading system Front end loader reclaim system within shed and direct Covered conveyors, dust collectors and water dust suppression
Slide 17: Exploration Projects
Exploration Projects Croydon Gold Buddadoo Copper-Vanadium 16
Slide 18: Croydon Gold Project (70%)
Croydon Gold Project (70%) Located along strike from De Grey Mining’s 8.5Moz Hemi discovery Mallina Basin is a significant new gold province Soil geochemistry has delineated gold and pathfinder anomalies Recent RC and diamond drilling intersected primary gold mineralisation at the Top Camp p
Slide 19: Croydon Gold Project (70%)
Croydon Gold Project (70%) Top Camp: Gravity anomaly detected below Priority Drill gold mineralisation at Top Camp - priority Target target for intrusion related gold mineralisation Bottom Camp: 1km geochemical anomaly, similar to Top Camp, within a folded limb of Mallina sediments and complex g
Slide 20: Buddadoo Copper-Vanadium
Buddadoo Copper-Vanadium1 Vanadium Priority Drill Strategically located close to proposed AVL roasting plant and port Target of Geraldton Mafic intrusive complex over 6km in strike length Main Zone (red, green, yellow) - Massive and disseminated bands of magnetite • Best intercept: 188m at 0.3
Slide 21: ASX:CZR www.czrresources.com
ASX:CZR www.czrresources.com Stefan Murphy Managing Director stefan.murphy@czrresources.com +61 8 9468 2050 20
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