Cazaly Resources Limited · ASX:CAZ
Cazaly Resources — Investor Presentation (March 2014)
23 slides from Cazaly Resources's investor presentation, March 2014
Slide 1: Advancing Multiple Iron Ore, Copper and Gold projects
Advancing Multiple Iron Ore, Copper and Gold projects …from discovery drilling to ready to mine March 2014
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information • This presentation has been prepared by Cazaly Resources Limited (“Cazaly”). It contains forecasts and forward looking statements which are no guarantee of future performance and which involve certain risks. Actual results and future outcomes will in all likelih
Slide 3: Value Proposition
Value Proposition CAZALY RESOURCES LTD • Parker Range Project: NPV9: A$384M*, Post-tax IRR: 129% • High Grade Cu – Mount Angelo Copper Project. Active exploration • Pilbara Iron Ore Projects • Earaheedy JV – Anglo American • Webb IOCG Project • Further exploration exposure through several other Join
Slide 4: Parker Range Iron Ore Project
Parker Range Iron Ore Project Multi-User Iron Ore Facility for Esperance The Western Australian government has given the go- ahead for the next stage of developing an expanded iron ore export facility at the Port of Esperance. The Esperance Port Authority board has conducted a procurement process to
Slide 5: Parker Range Iron Ore Project: Mount Caudan Iron Ore Deposit
Parker Range Iron Ore Project Mount Caudan Iron Ore Deposit Mount Caudan Iron Ore Deposit • 100% owned by Cazaly 4km strike • Total current resource of 35.1Mt @ 55.9% Fe (61.4% CaFe), comprising 24.4Mt @ 56.0% Fe of Measured Resources, 7.7Mt @ 56.6% Fe of Indicated Resources and 3.1Mt @ 54.0% Fe of
Slide 6: Iron Ore Product
Iron Ore Product Indicative Product Specs** Single Fines Only Product Targeted Option Fe% CaFe% SiO2% Al2O3% P% MnO% LOI% Fines 56.4 61.9 6.00 2.50 0.020 1.10 9.10 Only • Marketable product with acceptable levels of chemical impurities • Low Phosphorous product • Manganese component also a steel mak
Slide 7: Processing – Stage 1
Processing – Stage 1 • Current designed STAGE 1 Dry Processing Route • Ore to be initially processed through a mobile crushing and screening plant to produce a direct shipping ore (DSO) product without need for further processing to enable fast project start up while permanent ore processing facilit
Slide 8: Processing – Stage 2
Processing – Stage 2 • Current designed STAGE 2 Wet Processing Route • Designed to commence in Year 2 of operations • Comprises two circuits; – a dry crushing and screening circuit and, – a wet processing circuit for beneficiation of lower grade ore • Plant utilises 4 stages of comminution. Ore crus
Slide 9: Project Scope
Project Scope Scope • Open Pit Mining: Ramping from 2mtpa to 4.2mtpa • Plant: Crushing, screening & stockpiling • Road Haul: 57km on established roads to rail • Rail Haul: On public rail to port • Other: Grid power and accommodation facilities sited 14km away at town of Marvel Loch • Estimated 750 c
Slide 10: Esperance Port Sea and Land (EPSL)
Esperance Port Sea and Land (EPSL) An Iron Ore Port • Currently exports ~10Mt of iron ore per annum, Cliffs Natural Resources • Political support for expansion • 20Mtpa expansion planned in two stages recently announced by the State. Initially 7-10mtpa expansion • State government have also committe
Slide 11: Parker Range Project Summary
Parker Range Project Summary • Potential to deliver new iron ore mine in the Yilgarn of WA at PARKER RANGE • Export option via Port of Esperance, interim near term export solutions being examined • Robust project economics NPV9 A$384M, IRR 129% • Excellent infrastructure Roads, grid power, rail, etc
Slide 12: Halls Creek Copper Project
Halls Creek Copper Project • Cazaly enters in a JV with 3D Resources to earn 75% in Dec 2012 • Large regional position, ~298km2, covering the base metal fertile Koongie Park Formation • CAZ has conducted four drilling campaigns: 52 RC 11 DDH holes for 6,036 metres at Mt Angelo North (MAN) in just 9
Slide 13: Halls Creek Copper Project: Mount Angelo Copper Deposit
Halls Creek Copper Project Mount Angelo Copper Deposit • Outcropping Cu gossan 1st discovered in the 1960’s • Various companies have explored the target but no deep drilling prior to Cazaly • CAZ discovers important ‘Feeder zone’ at depth • Utilising world class technical expertise to hone understan
Slide 14: Halls Creek Copper Project: Mount Angelo Copper Deposit
Halls Creek Copper Project Mount Angelo Copper Deposit • Mineralisation open down plunge occurs over 250m strike • FEEDER ZONE DISCOVERED. Good potential to enhance project economics • New unexpected 18m thick intercept of massive to semi-massive sulphides discovered to the east in RC pre-collar • S
Slide 15: Halls Creek Copper Project: Feeder Zone Discovered
Halls Creek Copper Project FEEDER ZONE DISCOVERED Gossan Gossan • High grade feeder zone linking into the deposit discovered from diamond drilling • Characterised by chalcopyrite bearing breccia & stringer veinlets in a sub- Oxide Zone vertical system • Results from first 3 holes include: 5m @ 4.76%
Slide 16: Regional Geophysics
Regional Geophysics Regional Geophysical Programme • Airborne EM programme flown in March • Several anomalies defined • Ground truthing delineates coincident surface copper mineralisation • No follow up work conducted to date Anomalies all lie within the base metal fertile Koongie Park Formation Mt
Slide 17: Halls Creek Project Summary
Halls Creek Project Summary HALLS CREEK COPPER PROJECT • Hosts historic Mount Angelo North copper-zinc deposit & Copper Porphyry target • Recent work by Cazaly indicates potential for a much larger system than previously thought • Extensive near surface Cu-Zn-Ag mineralisation bodes well for early e
Slide 18: Pilbara Iron Ore
Pilbara Iron Ore • Numerous projects in world class province • Strategic land positions • Proven iron ore occurrences • Hamersley project vended out to Winmar Resources
Slide 19: Pilbara Iron Ore – Hamersley Project
Pilbara Iron Ore – Hamersley Project Winmar JV (WFE: 51%, CAZ: 49%) FMG Solomon Mining Hub 3,118Mt @ 56.5% Fe • Winmar Resources Ltd (WFE) earnt 51% via expenditure of $6M • Located in Central Pilbara region of WA HAMERSLEY PROJECT 343Mt @ 54.5% Fe • Adjacent to FMG’s Solomon project • Indicated Min
Slide 20: Webb IOCG Project - WA
Webb IOCG Project - WA Webb IOCG Project WEBB Project Regional Magnetics • Prospective for large scale Iron Oxide Copper Gold deposits akin to Olympic Dam TORO ENERGY’s IOCG Discovery 2011 • Regionally highly prospective based CORAZON Mining’s Top UP Rise IOCG upon GSWA and Geoscience Project 2013 P
Slide 21: Huckitta IOCG Project – Northern Territory
Huckitta IOCG Project – Northern Territory Mithril Resources Limited JV Sammy JV • Mithril earned 80%. Now CAZ contributing • Greenfields exploration in an emerging province • Coincident gold, copper, gravity & IP anomalies → Iron Oxide Copper-Gold (IOCG) targets Illogwa IOCG Target Area (IITA) • ~5
Slide 22: Cazaly Corporate Summary
Cazaly Corporate Summary Advanced Projects, Cohesive Business Model • PARKER RANGE: Potential to deliver new iron ore mine in the Yilgarn of WA 5Mt/yr Capacity Reservation Deed at Esperance Port, economically robust, political will • HALLS CREEK COPPER: New copper-zinc discovery • PILBARA IRON: Vast
Slide 23: Thank you
Thank you Diamond drilling, Mt Angelo North Copper deposit Level 2, 38 Richardson Street, West Perth, Western Australia, 6005. PO Box 396, West Perth, Western Australia, 6872 Phone: +61 8 9322 6283 Fax: +61 8 9322 6398 email: admin@cazalyresources.com.au ACN 101 049334 www.cazalyresources.com.au
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