AustSino Resources Group Limited
AustSino Resources — Padbury Mining — Investor Presentation (May 2010)
20 slides from AustSino Resources's investor presentation, May 25, 2010
Slide 1: For personal use only
For personal use only 5/25/2010 1
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
Slide 3: Competent Person Statement
For personal use only The geological modelling and estimation of the Exploration Target1 for Padbury’s Peak Hill Project was completed under the overall supervision of Mr. Mark Gunther BSc, who is a full time employee of CSA Global Pty Ltd and is a Competent Person as defined by the Australasian C
Slide 4: Junior explorer
For personal use only Junior explorer Focus – exploration, exploitation, shareholder wealth Ore targets ◦ Hematite (10-55Mt @ 55-58% Fe)¹ ◦ Magnetite (3.5-5Bt @ 30-40% Fe)¹ 2,500 km2 total tenement area 100km of highly prospective strike length defined Low Phosphorous, Silica and Alumina
Slide 5: ASX code: PDY
For personal use only ASX code: PDY Issued shares: 1.325B Market Cap $15.9M (as at 24 May 2010) Debt: Nil Top 20 shareholders 28.4% (held as at 24 May 2010) Stakes in ASX listed Companies: ◦ Yellow Rock Resources 41M shares ◦ Aurium 35M shares 5/25/2010 5
Slide 6: For personal use only
For personal use only 5/25/2010 6
Slide 7: Iron ore demand 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
Slide 8: For personal use only
For personal use only 5/25/2010 8
Slide 9: Peak Hill Iron Project 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. 5/25/2010 9
Slide 10: Telecom Hill hematite and magnetite
Telecom Hill contains hematite & magnetite material For personal use only Mapping and rock chip sampling program, gravitational survey completed late December 2009 Samples confirm DSO grades to 64.6% Fe 2,500 metre RC drilling program completed April 2010; results confirm significant magnetite m
Slide 11: Fortnum, Telecom Hill, Mount Padbury
For personal use only Fortnum Telecom Hill Mount Padbury 5/25/2010 11
Slide 12: For personal use only
For personal use only 5/25/2010 12
Slide 13: Magnetite Drill Results – Largest Intercepts
Magnetite Drill Results – Largest Intercepts For personal use only From To Intercept Fe% SiO2% Al2O3% P% (m) (m) (m) HRC24 24 124 100 26.1 51.32 3.90 0.238 HRC39 0 84 84 29.5 46.67 3.41 0.409 HRC46 110 238 128 30.6 45.44 1.22 0.200 HRC47 84 252 168 27.8 45.82 2.65 0.142 5/25/2010 13
Slide 14: For personal use only
For personal use only 5/25/2010 14
Slide 15: For personal use only
For personal use only 5/25/2010 15
Slide 16: For personal use only
For personal use only 5/25/2010 16
Slide 17: Interpretation of mapping
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 5/25/2010 17
Slide 18: For personal use only
For personal use only 5/25/2010 18
Slide 19: Peer comparison
Company Project Market Resource Target For personal use only Capitalisation Atlas Ridley $923M 2Bt@36.5% Crossland Jack Hills n/a 991Mt@34.1% 400Mt-1Bt Resources Gindalbie Karara $690M 1.9Bt@35.4% Grange Southdown $530M 654Mt@36.5% Resources Padbury Peak Hill $16M - 3.5-5Bt @30-40% 5/25/2010 19
Slide 20: 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