Eastern Resources Limited · ASX:EFE
Eastern Resources — Eastern Iron — Shareholder Meeting (November 2009)
21 slides from Eastern Resources's shareholder meeting presentation, Nov 25, 2009
Slide 1: 2009 Annual General Meeting
For personal use only 2009 Annual General Meeting 01
Slide 2: Disclaimer
DISCLAIMER This release may include forward-looking statements. These forward-looking statements are based on management’s expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the co
Slide 3: Eastern Iron - Snapshot Executive Summary
! Eastern Iron - Snapshot EXECUTIVE SUMMARY ! ASX Listed - 16 May 2008 For personal use only ! Major Shareholder - PlatSearch NL ! Cash on hand - circa $3.0 Million ! 17 granted licences and a JV ! Cobar & Main Line Project ! Channel Iron Ore deposits and potential sinter blend pisolite ! Main iron
Slide 4: 2009 - Year in Review
2009 - Year in Review ! Defined a Resource of 627 million tonnes @ 10.7% Fe from scout drill tested areas For personal use only above a 5% Fe cut-off. Resource has similar characteristics to existing iron sand mines and projects in New Zealand, PNG and South America. ! Resource represents scout dril
Slide 5: First Pass Drilling Complete
First Pass Drilling Complete For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 05
Slide 6: For personal use only
For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 06
Slide 7: New Resource - Bimbella Iron Prospect & Gold Target
New Resource For personal use only Bimbella Iron Prospect & Gold Target BWRP05 8m @ 0.41 g/t Au (24-32 metres) 10m @ 0.42 g/t Au (44-54 metres) 6m @ 0.16 g/t Au (70-76 metres) 4m @ 0.14 g/t Au (116-120 metres) 8m @ 0.16 g/t Au (140-148 metres) Yellow Streak Gold Mine Historic Production 293t @ 34.9
Slide 8: New Resource - Belah Tank Prospect
New Resource Belah Tank Prospect For personal use only (Preliminary economic study) Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 08
Slide 9: For personal use only
For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 09
Slide 10: For personal use only
For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 10
Slide 11: Belah Tank
BELAH TANK For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 11
Slide 12: Techno Prospect
TECHNO PROSPECT For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 12
Slide 13: Dry Magnetic Separation
Dry Magnetic Separation For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 13
Slide 14: Dry Product Recoveries
DRY PRODUCT RECOVERIES For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 14
Slide 15: Amphitheatre Prospect
Amphitheatre Prospect Only a small percentage of potential target For personal use only kilometres have been drill tested Google Sketch Up by: Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 15
Slide 16: Metallurgy raw, dry magnetic product
Metallurgy raw, dry magnetic product For personal use only Voids representing dessication cracks Red represents maghemite (Fe2O3) Blue represents aluminosilicates (Al2SO3) Green represents the quartz (SiO2), Occuring in both the “core” and “shell” ASX NSW Code: Annual MineralEFE General26 March& Exp
Slide 17: Metallurgy +30 -200 micron crush
Metallurgy +30 -200 micron crush For personal use only Red represents maghemite (Fe2O3) Green represents the quartz (SiO2), Blue represents aluminosilicates (Al2SO3) Small amounts of maghemite attract Contaminants into the magnetic product Annual General Meeting 25 November 2009 (ASX Code: EFE) …iro
Slide 18: Concept Study Belah Tank
Concept Study Belah Tank CONCEPTUAL OPERATION For personal use only ! Excavators and/or loaders and trucks mining all material ! No Drilling or blasting, although some ripping may be required ! Haulage to a relatively mobile separation plant ! On site loading of half-height shipping containers and r
Slide 19: For personal use only
For personal use only Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 19
Slide 20: Cobar and Mainline Iron Projects
COBAR AND MAINLINE IRON PROJECTS ! Bulk tonnage iron, the metal of growth discovered in infrastructure rich For personal use only NSW. However, direct shipping may only be possible in times of high spot Fe price (unlikely at current prices). ! Similar to Iron-sand projects currently in production, d
Slide 21: …new opportunity
For personal use only …new opportunity Suite 3, Level 1, 80 Chandos Street St Leonards, NSW 2065, Australia PO Box 956, Crows Nest, NSW 1585 Ph: 02 9906 7551 Fax: 02 9906 5233 www.easterniron.com.au Annual General Meeting 25 November 2009 (ASX Code: EFE) …iron’s new horizon 21