Apollo Minerals Limited · ASX:AON
Apollo Minerals — Investor Presentation (February 2010)
27 slides from Apollo Minerals's investor presentation, Feb 18, 2010
Slide 1: Apollo Minerals Limited - An Australian Iron Ore Company
For personal use only Apollo Minerals Limited An Australian Iron Ore Company February 2010 Level 10, 1 Margaret Street, Sydney, NSW 2000, Australia PO Box R933, Royal Exchange, NSW 1225, Australia Phone: +61 2 9299 8873 Fax: +61 2 9262 2885 info@apollominerals.com.au
Slide 2: Important Notice - Disclaimer
For personal use only IMPORTANT NOTICE Disclaimer This presentation has been prepared by Apollo Minerals Limited (“Apollo” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or inv
Slide 3: Executive Summary
EXECUTIVE SUMMARY ` Mt Oscar Magnetite Project Area (282km2 – 3 licences, 100%) For personal use only ` Significant iron target located close to existing infrastructure in Pilbara ` Large iron projects in the area: ` Sino Iron project (CITIC): 2 billion tonnes ` Cape Lambert project (MCC): 1.6 billi
Slide 4: Corporate Overview
For personal use only CORPORATE OVERVIEW Capital Structure (ASX :AON) Board of Directors & Management Ordinary shares 110 m Sevag Chalabian - Chairman Tony Ho – Director Current Price A$0.175 (28 Jan 2010) Wang Jianguang – Director Gavin Daneel – General Manager Market Capitalisation A$19 m (28 Jan
Slide 5: Management & Consultants
For personal use only MANAGEMENT & CONSULTANTS ` Gavin Daneel - General Manager ` Gavin has an MSc in Geology and is a Member of the Australian Institute of Mining and Metallurgy. He is an economic geologist with over 25 years’ experience in exploration and operations management in the mining indust
Slide 6: Management & Consultants
For personal use only MANAGEMENT & CONSULTANTS ` Damian Connelly – Consultant Metallurgical Engineer, METS ` Damian has over 30 years’ metallurgical experience and has spent the last 21 years working as a metallurgical consultant in Australia and overseas. He has been involved in many projects inclu
Slide 7: Peer Group - Market Cap
For personal use only $0 $100 $200 $300 $400 $500 $600 $700 $800 Atlas Iron $900 Gindalbie Current at 16/02/2010 Grange Northern Iron Cape Lambert Flinders Australasian Resources Centrex Sphere Investments Polaris Metals Aurox Resources Mindax PEER GROUP - MARKET CAP Ironclad Western Plains Admiralt
Slide 8: Mt Oscar
For personal use only 8 MT OSCAR
Slide 9: Mt Oscar Location Map
For personal use only MT OSCAR LOCATION MAP 9
Slide 10: Mt Oscar Overview
For personal use only MT OSCAR OVERVIEW ` Tenure: ` Three 100% held exploration licences covering 282km2 ` Cover significant portions of high intensity aeromagnetic anomalies Iron Ore Port proven to be caused by Fe mineralisation ` Attributes: ` Significant ore body based on 6km strike ` High grade
Slide 11: Aeromagnetic Survey
For personal use only AEROMAGNETIC SURVEY ` Amplitude of magnetic anomalies very high (60,000nT) above ambient levels ` TMI response higher than the Cape Lambert Deposit Areas of higher intensity indicate the potential for higher grade ore Apollo 11
Slide 12: Detailed Geophysical Interpretation
DETAILED GEOPHYSICAL INTERPRETATION For personal use only EL 47/1379 (Apollo 100%) 12
Slide 13: Mt Oscar - Stage Drilling
For personal use only MT OSCAR – Stage 1 Drilling 13
Slide 14: Mt Oscar - Stage Drilling
For personal use only MT OSCAR – Stage 1 Drilling ` Outcrops form prominent ridges ` NE-dipping tabular bodies ` Cumulative drill intercepts of: ` 192m @ 35.9% Fe from 25m (OSRC001) ` 271m @ 34.8% Fe from 14m (OSRC004) ` Suitable for Open Pit Operation ` Low stripping ratio ` Open at depth 14
Slide 15: Mt Oscar - Stage Drilling (Assay)
For personal use only MT OSCAR – Stage 1 Drilling (Assay) Drillhole location details Intercept Head Assays Hole ID From To Interval Fe SiO2 Al2O3 P S LOI (m) (m) (m) (%) (%) (%) (%) (%) (%) 25 48 23 31.9 39.3 3.1 0.05 0.60 3.96 OSRC001 51 87 36 34.6 39.1 2.8 0.05 0.07 2.98 215 348 133 36.9 37.7 2.0
Slide 16: Mt Oscar - Stage Drilling (DTR)
For personal use only MT OSCAR – Stage 1 Drilling (DTR) Head Drillhole Intercept DTR Results Assays Mass Conc Conc Conc Conc Conc Conc From To Interval Fe Recovery Fe SiO2 Al2O3 P S LOI (m) (m) (m) (%) (%) (%) (%) (%) (%) (%) (%) OSRC001 25 48 23 31.9 27.33 60.53 12.03 0.93 0.05 0.02 -1.49 OSRC001 5
Slide 17: Mt Oscar - Stage (Met. test work)
For personal use only MT OSCAR – Stage 1 (Met. test work) ` Test work undertaken by specialist processing engineers ` Davis Tube Recoveries yielded high-grade Fe concentrate ` up to 64.0% Fe (averaging 58.0%) ` mass recoveries of up to 87.7% (averaging 42.4%) ` Staged grinding to increasing fineness
Slide 18: Mt Oscar East
For personal use only MT OSCAR EAST ` Second aeromagnetic anomaly prospective for iron ` BIF outcrops in two areas over a 300m strike length ` Rock chip sampling ranging from 31.0% Fe to 46.8% Fe ` Aeromagnetic anomaly extends 3-4kms beyond outcrop 18
Slide 19: Proximity of Mt Oscar to Existing Infrastructure
PROXIMITY OF MT OSCAR TO EXISTING INFRASTRUCTURE For personal use only Ship Docking and Loadout ` 30 km from existing ports Facilities at Cape Lambert ` 20 km from gas pipelines ` 15 km from power grid ` 15 km from water ` 15 km from sealed road ` 40 km from Karratha airport 19
Slide 20: Anketell Point Multi-User Port
For personal use only ANKETELL POINT MULTI-USER PORT ` JV between Fortescue Metals, Aquila Resources and US based AMCI ` Supported by WA Government ` Port for MCC’s Cape Lambert Project ` Multi-stage: ` Contingent on foundation port developers’ requirements ` Apollo has been invited to join the cons
Slide 21: Proposed Aquila Multi-User Port Facility: 30km from Mt Oscar
For personal use only PROPOSED AQUILA MULTI-USER PORT FACILITY: 30km from Mt Oscar
Slide 22: Apollo Planned Exploration
APOLLO PLANNED EXPLORATION Exploration/Development Programme For personal use only Stage Estimated Completion Phase 1: Drilling programme ; Nov 2009 Sighter testwork ; Early Feb 2010 Phase 2: Detailed geological mapping Early Jun Qtr 2010 Diamond drilling Jun Qtr 2010 Metallurgical testwork Ju
Slide 23: Commonwealth Hill
For personal use only 23 Commonwealth Hill
Slide 24: Commonwealth Hill Iron Project
For personal use only COMMONWEALTH HILL IRON PROJECT ` 100% ownership ` 9 prospective anomalies including Sequoia & Ibis ` Sequoia drilled by SA Geological Survey ` Readily beneficiated to 70.3% Fe; 3.7% SiO2 ` 7 new targets ready for discovery drilling programs ` 7 anomalies interpreted to be cause
Slide 25: Commonwealth Hill Iron Project
For personal use only COMMONWEALTH HILL IRON PROJECT 25
Slide 26: Conclusion
CONCLUSION ` ASX listed Australian Iron Ore Company For personal use only ` Mt Oscar Magnetite Project Area (282km2 – 3 licences, 100%) ` Significant iron target located close to existing infrastructure in Pilbara ` High grade iron concentrates achieved from conventional metallurgical test work on i
Slide 27: Thank You
For personal use only THANK YOU Apollo Minerals Limited An Australian Iron Ore Company February 2010 Level 10, 1 Margaret Street, Sydney, NSW 2000, Australia PO Box R933, Royal Exchange, NSW 1225, Australia Phone: +61 2 9299 8873 Fax: +61 2 9262 2885 info@apollominerals.com.au
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