Slide 1: RIU Explorers Conference Presentation (ASX Announcement)
For personal use only ABN 48 106 732 487 ASX Announcement 3 March 2010 RIU EXPLORERS CONFERENCE PRESENTATION Please find attached an amended RIU Explorers Conference presentation the original of which was lodged with ASX last week. Yours Sincerely, Andrew Chapman Company Secretary Head Office: 310A
Slide 2: 2010 RIU Explorers Conference Presentation
For personal use only 2010 RIU Explorers Conference PRESENTATION
Slide 3: Forward Looking Statements
MATSA RESOURCES For personal use only Forward Looking Statements The material used in this presentation is intended to be a summary of selected geological data, current and proposed activities, as well as resource estimates based on information available to Matsa Resources at the time. It does not i
Slide 4: For personal use only
MATSA RESOURCES For personal use only • EXECUTIVE & OPERATIONAL experience • COMPANY STRUCTURE orientated • LARGE PROJECT holdings • GROWTH opportunity • PARTNERSHIP synergies
Slide 5: Board & Management
BOARD & MANAGEMENT Executive Chairman For personal use only Paul Poli - BComm FCPA Company Director and major shareholder with varied interests in Australia and South East Asia. Executive Director Andy Viner - BAppSc, MAusIMM 25 years geological experience and past founding Managing Director of ASX
Slide 6: Corporate Structure
CORPORATE STRUCTURE For personal use only Shares on Issue – ^ 118.57 million Options on Issue – Unlisted 35 cents* 7.8 million Options on Issue – Unlisted 50 cents** 9 million Directors/Employee Options (27-100 cents)*** 5.45 million Major Shareholders Paul Poli 8.4% RASL 7.2% SDGM 9.9% Top 20 share
Slide 7: Western Australian Projects
MATSA RESOURCES For personal use only Western Australian Projects
Slide 8: South East Asia
MATSA RESOURCES For personal use only South East Asia
Slide 9: Unlocking the Value of the Norseman Gold Project
MATSA RESOURCES For personal use only UNLOCKING THE VALUE OF THE NORSEMAN GOLD PROJECT • 1.5 million ounces of Gold resources • Shallow high grade Gold resources • Near-term cash flow potential > $30 million • Long-term cash flow potential > $300 million being > $40 million per annum • Significant G
Slide 10: Norseman Gold Project
NORSEMAN GOLD PROJECT • One of the largest undeveloped gold deposits in Australia For personal use only • Extensive database from 15 years of exploration • 1.47 million ounces of Mineral Resources • 67% Indicated and 33% Inferred Resources Norseman Gold Project Resources (>1g/t Au) Tonnes Grade Ounc
Slide 11: Norseman Gold Project
NORSEMAN GOLD PROJECT • 2008 Scoping Study For personal use only • 7 year mine life • 100,000 ounce per year production • Strong cash-flow estimates Average gold Cash surplus price (A$/oz) (A$ million) 1000 265 1100 308 1200 378 1300 448 1400 518 1500 588
Slide 12: Unlocking the Value of the Norseman Iron Ore Project
MATSA RESOURCES For personal use only UNLOCKING THE VALUE OF THE NORSEMAN IRON ORE PROJECT • 16 strike kilometres of large BIF unit • Untested for Iron value • Potential for small Hematite DSO project • Magnetite Exploration Target of 350-750 million tonnes at 25-35% magnetite • Significant Infrastr
Slide 13: Growth - Norseman Iron Ore
GROWTH - NORSEMAN IRON ORE Upside opportunities - IRON ORE For personal use only • Same BIF as Southern Cross (Portman) • 16 kilometre strike length • Up to 200 metres width • Magnetite and DSO Hematite potential • Gold+Magnetite development opportunity INFRASTRUCTURE rich area • Gas - NW pipeline t
Slide 14: South East Asia - Thailand
MATSA RESOURCES South East Asia - Thailand For personal use only
Slide 15: S.E Asia Management
S.E ASIA MANAGEMENT Chairman For personal use only Paul Poli - BComm FCPA Director Andy Viner - BAppSc, MAusIMM Director Ratha Kheowkhamsaeng- BA U.S.A 20 years Thai management experience. A Director of 5 Thai and Thai/Japanese companies mainly in the manufacturing and Industrial sectors. Brings ext
Slide 16: South East Asia - Thailand
MATSA RESOURCES South East Asia - Thailand For personal use only
Slide 17: Growth - Thailand Gold
GROWTH - THAILAND GOLD Central Thailand For personal use only • Adjacent to Kingsgate’s 10Moz Chatree • Giant hydrothermal gold system • Applied for180 km2 • Experienced local geological consultants KT Project (Subject to granting by Thai Government) • Extensive surface geological exploration • Two
Slide 18: Growth - Thailand Iron
GROWTH - THAILAND IRON Central Thailand For personal use only • Extensive Volcanic Belt • Numerous ‘skarn’ mineralised areas • Magnetite +/- Copper, Gold • PanAust (Loeii) 913,000t Cu, 771,000oz Au • Small-scale local iron mining • Magnetite - quality DSO + BFO • Copper upside Paisali Project (Subje
Slide 19: Partnership Synergies
PARTNERSHIP SYNERGIES Shandong Provincial Bureau of Geology For personal use only & Mineral Resources (“SDGM”) • Leading explorer and miner in China with 50 years experience • 14,000 employees including 3,400 technical staff • 167 gold mines - 15% of China’s gold reserves - 45Moz • 2 Bt of Iron Ore
Slide 20: For personal use only
MATSA - On the move 6 month share price movement For personal use only
Slide 21: Investment Proposition
MATSA RESOURCES For personal use only INVESTMENT PROPOSITION • EXECUTIVE & OPERATIONAL experience • COMPANY STRUCTURE orientated • LARGE PROJECT holdings • GROWTH opportunity • PARTNERSHIP synergies
Slide 22: Competent Persons Statement
MATSA RESOURCES For personal use only Competent Persons Statement Exploration Target Under Clause 18 of the JORC Code the exploration targets (excluding the portion already classified into JORC resource) outlined in this report are conceptual in nature as there has been insufficient exploration to d
Slide 23: Office Contact Details
For personal use only Bangkok Office HEAD OFFICE Kalgoorlie Office Unit 1808, 2 Pacific Place 310A Newcastle St Suite 1, Vosper House Sukhumvit Road Perth 31-33 Dugan Street Sukhumvit, Bangkok Western Australia 6000 Kalgoorlie Western Australia 6430 Tel: +66 0 26 530 258 Tel: +61 8 9230 3555 Tel: +6