Cazaly Resources Limited · ASX:CAZ
Cazaly Resources — Investor Presentation (April 2009)
19 slides from Cazaly Resources's investor presentation, Apr 30, 2009
Slide 1: Cazaly Resources Limited
CAZALY RESOURCES LIMITED For personal use only AN AUSTRALIAN GOLD & IRON ORE MINERALS COMPANY Level 1 22 Oxford Close, West Leederville, Western Australia Ph: (08) 9380 4600 Email: admin@cazalyresources.com.au PO Box 396 West Perth, Western Australia, 6872 Fax: (08) 9381 5911 Web: www.cazalyresource
Slide 2: Fundamentals: Key commodities in key locations
FUNDAMENTALS Key commodities in key locations For personal use only GOLD 9 Large regional holding Centered around Kalgoorlie; Eastern Goldfields, WA 9 Mineable resource base ~600,000 oz.s gold, mining studies underway 9 Great Infrastructure Accessible road, workforce & milling facilities IRON ORE 9
Slide 3: Capital Structure & Co. Value
CAPITAL STRUCTURE & Co. VALUE Undervaluation of a diversity of assets For personal use only Fully Paid Shares 65.2M Options (all ‘out of the money’) 7.8M Market Cap @ $0.15 $9.8M Investments ~$0.8M Iron Ore Peer average; $x/t Kalgoorlie Gold >600,000 oz.s; $x/oz. Rhodes Ridge Potential royalties to
Slide 4: Cazaly Resources Limited
a CAZALY RESOURCES LIMITED
Slide 5: Kalgoorlie Gold: Surrounded by multi million ounce minefields
KALGOORLIE G O L D Surrounded by multi million ounce minefields For personal use only WEST KALGOORLIE PROJECT Showing major gold production centre's • Major ‘player’ position in region Ora Banda 2.8Moz Ora Ora Banda Banda • Global JORC compliant Resources of: 10Mt @ 1.8 g/t Au (~600,000ozs) Paddingt
Slide 6: Gold Resources: Development options being studied
GOLD RESOURCES Development options being studied For personal use only KUNANALLING GOLD RESOURCES Deposit Tonnes g/t Au Oz. Au • Numerous resources providing several development options Mick Adam* 4,510,000 1.27 184,200 Broads Dam** 1,273,000 3.10 126,900 • Mining deal announced with Waratah Burgund
Slide 7: Gold Exploration: Looking for a new multi-million ounce gold camp
GOLD EXPLORATION Looking for a new multi-million ounce gold camp For personal use only South North 400RL Natural Surface Base of transported cover • Multiple targets over a wide region 350RL Low grade More drilling WKRC0034 required 9m @ 16.0 • Conceptual million ounce+ targets 9m @ 16.0 g/t WKRC008
Slide 8: Iron Ore
For personal use only IRON ORE
Slide 9: Iron Ore: Pathway to Production
IRON ORE PATHWAY TO PRODUCTION For personal use only YILGARN Iron Province 9 Expanding High Quality Resource Parker Range DSO , low contaminants 9 Easily mineable Outcropping orebody on granted mining license 9 Great Infrastructure Close to accessible road, rail and port facilities 9 Community Suppo
Slide 10: Major unexplored iron province
PARKER RANGE IRON ORE PROJECT Major unexplored iron province For personal use only • Located in the under-developed Yilgarn Iron Ore Province situated ~400km east of Perth • 3rd largest iron ore province in WA behind the Pilbara and Mid-West Regions. Production dates back to 1950’s Parker Range • No
Slide 11: Maiden resource exceeds expectations
PARKER RANGE IRON ORE PROJECT Maiden resource exceeds expectations For personal use only Mount Caudan Iron Ore Deposit • Iron rights owned 80% by Cazaly • Over 16km of enriched banded iron formation (BIF) defined. Land tenure >250 km2. • Only minimal drilling to date. Results include; 73m @ 58.4%, 6
Slide 12: Mount Caudan Iron Ore Deposit
PARKER RANGE IRON ORE PROJECT For personal use only Mount Caudan Iron Ore Deposit 73m @ 58.4% 35m @ 57.4% 32m @ 60.0% 25m @ 58.6% 20m @ 59.1% 17m @ 58.9% • Just 2.6km drilled from over 16km of BIF. • Resource target of 60-100mt at >55% Fe • Strongly mineralised over entire BIF extent. • Additional l
Slide 13: Development Proposal
PARKER RANGE IRON ORE PROJECT For personal use only Development Proposal • Open pit mining planned at a rate of 2–4mtpa • Onsite crushing, screening & stockpiling • Haul ore 45km on established roads to rail siding • Rail to and stockpile ore at Esperance Port • Export ore on Cape size vessels. Capi
Slide 14: For personal use only
PARKER RANGE IRON ORE PROJECT For personal use only • Scoping study finalised. Indicates that a robust 2-4mtpa operation can be developed. • Rail access discussions with Westnet rail commenced • MoU signed with Esperance Port Authority • Cazaly’s export requirements can be incorporated into Port Aut
Slide 15: Scoping Study
PARKER RANGE IRON ORE PROJECT For personal use only Scoping Study • Start up/ramp up from 2 to 4 mtpa hematite-goethite DSO ore • Capex ~A$70m • Opex ~A$65/t, significant cash margins possible • Low strip ratio of ~1.5:1 • Simple proven mining, crushing, screening scenario • Excellent infrastructure
Slide 16: Next Steps
PARKER RANGE IRON ORE PROJECT For personal use only NEXT STEPS • Finalise metallurgical testwork - ongoing • Upgrade and extend known resource • Further expand resources, explore entire BIF extent • Marketing studies & key appointments • Conduct Prefeasibility and Definitive feasibility studies • Fi
Slide 17: Pilbara Iron Ore: New discovery in an old province
PILBARA IRON ORE New discovery in an old province For personal use only • Numerous projects in world class province • Strategic land positions • Known iron ore occurrences with mapped ore at surface • Recent channel iron discovery at Hamersley • Further potential in nearby Earaheedy iron province •
Slide 18: Pilbara Iron Ore: Hamersley Project
PILBARA IRON ORE New discovery in an old province For personal use only HAMERSLEY PROJECT • Potential for both CID and Bedded Iron Deposits • First pass drilling identifies new Channel Iron Deposit • Drilling over 2km strike, mineralisation remains open • Outstanding results from Hamersley Project i
Slide 19: Summary
CAZALY RESOURCES LIMITED SUMMARY For personal use only 9 Significant positions in proven Gold and Iron Ore provinces 9 Numerous gold targets ~600k oz.s centred around Kalgoorlie 9 Mining studies underway Plus options to develop other resources 9 Quality Iron Ore Resource ~20mt DSO at Parker Range, T
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