AustSino Resources Group Limited

AustSino Resources — Padbury Mining — Investor Presentation (March 2010)

23 slides from AustSino Resources's investor presentation, Mar 11, 2010

  1. Slide 1: For personal use only

    For personal use only 3/11/2010 1

  2. Slide 2: Disclaimer

    For personal use only  This presentation has been prepared by Padbury Mining Limited and Aurium Resources (“Padbury” and “Aurium”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in Padbury or Aurium, or as an inducement to make an offer or invitat

  3. Slide 3: Competent Person Statement

    For personal use only  Technical information in this report has been prepared under the supervision of Mr Jonathan King, a director of Salient Pty Ltd, and a member of the Australian Institute of Geoscientists (AIG). Mr King has sufficient experience which is relevant to the style of mineralisation

  4. Slide 4: Junior explorer overview

    For personal use only  Junior explorer  Focus – exploration, exploitation, shareholder wealth  Ore targets ◦ Hematite (80-110Mt Fe)¹ ◦ Magnetite (5.5-6.5Bt @ 30-40% Fe)¹  Cash in JV  2,500 km2 total tenement area  100km of highly prospective strike length defined  Low Phosphorous, Silica and

  5. Slide 5: Corporate snapshot

    For personal use only  ASX code: PDY  Issued shares: 1.17B  Market Cap $26M (as at 1 March 2010)  Debt: Nil  Top 20 shareholders 29.07% (held as at 1 March 2010)  Stakes in ASX listed Companies: ◦ Yellow Rock Resources 41M shares ◦ Aurium 35M shares 3/11/2010 5

  6. Slide 6: For personal use only

    For personal use only 3/11/2010 6

  7. Slide 7: Iron ore demand and price outlook

    For personal use only  Iron ore demand over next four years to equal volumes provided by Australian suppliers to date (Albanese, RioTinto CEO)  Expected price increases of around 60% in 2010  China looking to invest in future resources: ◦ China Metallurgical Investment Company ◦ Anshan ◦ Wuhan Ir

  8. Slide 8: For personal use only

    For personal use only 3/11/2010 8

  9. Slide 9: Peak Hill regional geology

    For personal use only  Peak Hill Iron Project lies between the Yilgarn and Pilbara Cratons, 2 major iron ore areas.  Robinson Range Formation: contains hematite as well as banded iron formation (BIF) with accompanying magnetite. 3/11/2010 9

  10. Slide 10: Peak Hill exploration activity

    For personal use only Peak Hill 2400m RC Drilling completed 2009 Telecom Hill drilling intersected enriched BIF Telecom Hill contains hematite & magnetite material Gravitational survey completed late December 2009 Mapping and rock chip sampling program completed December 2009; samples confirm D

  11. Slide 11: Fortnum, Telecom Hill, Mount Padbury

    For personal use only Fortnum Telecom Hill Mount Padbury 3/11/2010 11

  12. Slide 12: Hematite Drill Results

    Hematite Drill Results For personal use only From To Intercept Fe% SiO2% Al2O3% P% LOI (m) (m) HRC1 25 40 15 64.18 3.51 1.998 0.081 2.20 HRC2 57 72 15 63.99 4.74 1.787 0.100 1.54 HRC27 61 74 13 61.33 7.46 1.758 0.147 2.50 HRC3 143 149 6 60.57 9.20 1.207 0.213 2.29 3/11/2010 12

  13. Slide 13: For personal use only

    For personal use only 3/11/2010 13

  14. Slide 14: For personal use only

    For personal use only 3/11/2010 14

  15. Slide 15: For personal use only

    For personal use only 3/11/2010 15

  16. Slide 16: What is iron ore worth?

    For personal use only $/tonne 0 4 6 8 2 10 12 14 Mt Gibson Murchison Atlas Fortescue Polaris BC Iron Warwick Brockman Reserve Red Hill United… Giralia IOH Golden West Enterprise Value per tonne of DSO JORC FerrAus 3/11/2010 EV What is iron ore worth? 16

  17. Slide 17: For personal use only

    For personal use only 3/11/2010 17

  18. Slide 18: Exploration program steps

    For personal use only  Interpretation of mapping  Surface sampling  First pass drilling  Resource definition drilling  Expansion drilling  Exploration target update  Initial JORC compliant estimate 2010  Initiate prefeasibility/feasibility 3/11/2010 18

  19. Slide 19: For personal use only

    For personal use only 3/11/2010 19

  20. Slide 20: For personal use only

    For personal use only 3/11/2010 20

  21. Slide 21: Peer capitalisation and resources comparison

    Company Project Market Resource Target For personal use only Capitalisation Atlas Ridley $948M 2Bt@36.5% Cape Cape $243M 1.6Bt@31.2% Lambert Lambert Crossland Jack Hills n/a 991Mt@34.1% 400Mt-1Bt Resources Gindalbie Karara $764M 1.9Bt@35.4% Grange Southdown $472M 654Mt@36.5% Resources Padbury Peak H

  22. Slide 22: Done, Doing, To Do

    Done Doing To Do For personal use only 2009 2010 2011-2014 Encouraging DSO results Focussed drilling JORC upgrades program Significant magnetite Maiden JORC resource Feasibility study target Significant DSO target Capital raising/JV partner Gravity survey Scoping studies completed Dec 2009 New geolo

  23. Slide 23: For personal use only

    For personal use only 3/11/2010 23

Padbury Mining — Investor Presentation (March 2010) on 6ix