Slide 1: Developing a Brazilian Iron Ore Business
Developing a Brazilian Iron Ore Business August 2010
Slide 2: Disclaimer
Disclaimer Not all images in this presentation are images of Centaurus Metals Projects. This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase
Slide 3: Brazilian Iron Ore Business
Brazilian Iron Ore Business Centaurus Metals’ Brazilian Iron Ore focus is to: Produce from a number of Low Capex Brazilian iron ore mines selling to the Brazilian domestic steel mills Secure projects that will enable Centaurus Metals to become a significant iron ore exporter By 2013 Centauru
Slide 4: Company Structure
Company Structure Capital Structure Shares on Issue 604.4m ASX CODE : CTM Options* 111m Share Price $0.075 $0.10 4,500,000 Market Capitalisation $45m $0.09 4,000,000 $0.08 3,500,000 $0.07 Cash at bank (30 June 2010) $5 million 3,000,000 $0.06 2,500,000 $0.05 Debt NIL 2,000,000 $0.04 1,500,000 Enterp
Slide 5: Centaurus Metals Board & Key Management
Centaurus Metals Board & Key Management DARREN GORDON Managing Director Over 15 years resource industry experience with particular emphasis on resource funding and structuring. 9 years experience as CFO of Gindalbie Metals DIDIER MURCIA Chairman 25 years corporate and resource industry experienc
Slide 6: Brazil
Brazil Latin America’s largest economy Rapidly growing population (currently ~200 million) IMF predicts growth of 4.2% in 2011 US$886b committed to infrastructure spend Hosting FIFA World Cup in 2014 and the Olympic Games in 2016 Brazil is a Top 10 global steel producer Brazil is the w
Slide 7: Brazilian Iron Ore Market
Brazilian Iron Ore Market Unlike Australia, a large market for the consumption of iron ore is located alongside iron ore projects Major steel companies, with steel mills within a 150km radius of Centaurus Metals’ projects have significant domestic production with major capacity upgrades planned
Slide 8: WA Large city
WA Large city @ Town = Highway Road Airport Centaurus Project (Fe) Centaurus Project (Mn) Major Iron Ore Mine Smelter ® 7 7 wf Cenibra Project @) ©) Guanhées Group Ipatinga Group ry Diemaninn 7 Monjolos he aif ® WA + EN Guanhaes Project Fe CVyPonte de Pedra Min fl S| €)) Jambreiro Project Fe e Curve
Slide 9: Supplying Iron Ore to Brazil's Steel Mills
Domestic Iron Ore Business “Supplying Iron Ore to Brazil’s Steel Mills” 9
Slide 10: Domestic Iron Ore Business
Domestic Iron Ore Business Targeting production from a number of low OpEx, low CapEx mines, in close proximity to established infrastructure Centaurus Metals aims to: produce at a rate of 3mtpa by the end of 2013, to be sold into Brazil’s domestic steel mills for anticipated operating cashflow
Slide 11: Itabirite Ore....
Itabirite Ore.... A major source of iron ore production in Brazil… Metamorphosed iron formation composed of iron oxides with abundant quartz Iron Quadrangle itabirites typically comprise hematite Lower ROM grade than other sources of hematite (averaging 30-50% Fe) Extremely well suited to lo
Slide 12: Itabirite Ore
Itabirite Ore In Situ Ore Upgradeable to: Fe% SiO2% P% Al203% Mn% Fe% SiO2% P% Al203% Mn% 37 43.52 0.03 2.21 0.02 67 2.38 0.01 0.50 0.02
Slide 13: WA Large city
WA Large city @ Town == Highway Road Airport Centaurus Project (Fe) Centaurus Project (Mn) Major Iron Ore Mine Smelter ® 7 7 wf Cenibra Project @) ©) Guanhées Group Ipatinga Group ry Diemaninn 7 Monjolos he nian ® yea + EN Guanhaes Project Fe CVyPonte de Pedra Min fl MW Serra do Bicho Fe €)) Jambrei
Slide 14: Itambé Iron Ore Project (100%)
Itambé Iron Ore Project (100%) Project to be a 1mtpa producer of high grade Studies indicate total operating cost of iron ore US$13/t for total capex of only US$15m Initial 15.5Mt JORC Inferred Resource At 1mpta a minimum operating Fe % SiO2% P% Al2O3 % Mn% cashflow of US$40-45 million per 3
Slide 15: WA Large city
WA Large city @ Town == Highway Road Airport Centaurus Project (Fe) Centaurus Project (Mn) Cenibra Project Major Iron Ore Mine ©C»*s® Smelter Guanhées Group Ipatinga Group ry Diemaninn 7 Monjolos he nian ® yea + EN Guanhaes Project Fe CVyPonte de Pedra Min fl MW Serra do Bicho Fe €)) Jambreiro Proje
Slide 16: Passabem Iron Ore Project (100%)
Passabem Iron Ore Project (100%) Projected to be a 1mtpa producer of high grade iron ore Initial 2.6Mt JORC Inferred Resource over 500 metre zone at Southern end of Project Fe % SiO2% P% Al2O3 % Mn% 31.2 48.9 0.035 2.90 0.11 Recent Drill programme has extended the ore body over a strike length
Slide 17: WA Large city
WA Large city @ Town = Highway Road Airport Centaurus Project (Fe) Centaurus Project (Mn) Major Iron Ore Mine Smelter ® 7 7 wf Cenibra Project @) ©) Guanhées Group Ipatinga Group ry Diemaninn 7 Monjolos he aif ® WA + EN Guanhaes Project Fe CVyPonte de Pedra Min fl S| €)) Jambreiro Project Fe e Curve
Slide 18: Jambreiro Iron Ore Project (100%)
Jambreiro Iron Ore Project (100%) Exploration Target of 40 to 60 Mt @ 30 to 40% Fe 3,500 metre resource definition drill program underway Strong correlation between mapped iron formation and ground magnetic signature Highly friable mineralisation means likely low cost beneficiation Project
Slide 19: Supplying Iron Ore to the World Market
Iron Ore Export Business “Supplying Iron Ore to the World Market” 19
Slide 20: Iron Ore Export Business
Iron Ore Export Business Brazil is the largest exporter of high grade iron ore in the world Centaurus Metals aims to acquire or identify a project capable of producing 12-15mtpa of 64-69% Fe product for a minimum project life of 10 years, to export to world markets Investigating opportunities
Slide 21: Rio Pardo Project (100%)
Rio Pardo Project (100%) Highly prospective new Brazilian iron region – Vale, Mitsubishi, BHPB all actively exploring the region Centaurus has 61.9km2 of EL’s and ELAs in the region Centaurus’ tenement package contains a 15 kilometre long regional magnetic anomaly. Ground magnetic survey com
Slide 22: Summary
Summary Highly experienced, well funded team with extensive global experience in the financing, development and operation of iron ore projects Building a business to supply domestic steel mills, and in time also world markets At least 3mpta to be sold domestically by the end of 2013 Continuo
Slide 23: Developing a Brazilian Iron Ore Business
Developing a Brazilian Iron Ore Business Contacts: Darren Gordon Mark Papendieck Managing Director General Manager - Commercial (+618) 9420 4001 (+618) 9420 4003 darren.gordon@centaurus.com.au mark@centaurus.com.au