Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Investor Presentation (October 2010)
25 slides from Centaurus Metals's investor presentation, Oct 28, 2010
Slide 1: Developing a Brazilian Iron Ore Business
Developing a Brazilian Iron Ore Business For personal use only Darren Gordon, Managing Director October, 2010
Slide 2: Disclaimer
Disclaimer For personal use only 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 rel
Slide 3: Brazilian Iron Ore Business
Brazilian Iron Ore Business For personal use only 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 expor
Slide 4: Company Structure
Company Structure For personal use only Capital Structure Shares on Issue 847m ASX CODE : CTM Options* 110m Share Price $0.10 Market Capitalisation $85m Cash at bank ~$18 million Debt NIL Enterprise Value $67 million Shareholding Directors & Management 10% Top 40 41% * Ex prices from 3.125 cents to
Slide 5: Centaurus Metals Board & Key Personnel
Centaurus Metals Board & Key Personnel For personal use only 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 resou
Slide 6: Brazil
Brazil For personal use only Latin America’s largest economy Rapidly growing population (currently ~200 million) Predicted growth of +7% in 2011 US$830b committed to infrastructure spend Hosting FIFA World Cup in 2014 and the Olympic Games in 2016 Brazil is a Top 10 global steel producer
Slide 7: Brazilian Iron Ore Market
Brazilian Iron Ore Market For personal use only 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 capa
Slide 8: Centaurus Metals' Projects
Centaurus Metals’ Projects For personal use only 8
Slide 9: Domestic Iron Ore Business
Domestic Iron Ore Business For personal use only “Supplying Iron Ore to Brazil‟s Steel Mills” 9
Slide 10: Domestic Iron Ore Business
Domestic Iron Ore Business For personal use only Targeting production from a number of low OpEx, low CapEx mines, in close proximity to established infrastructure Centaurus Metals is working towards: production at a rate of 3mtpa by the end of 2013, to be sold into Brazil’s domestic steel mill
Slide 11: Itabirite Ore....
Itabirite Ore.... For personal use only 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) Extre
Slide 12: Itabirite Ore
Itabirite Ore For personal use only 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 12
Slide 13: Domestic Production - Jambreiro
Domestic Production - Jambreiro For personal use only 13
Slide 14: Jambreiro Iron Ore Project (100%)
Jambreiro Iron Ore Project (100%) For personal use only 3,500 metre resource definition drill program completed Results show excellent depth to Jambreiro: – 98.2m @ 29.8% Fe, 3.9% Al2O3 and 0.05% P from 28m (JBR-DD-002) – 93.8m @ 31.5% Fe, 5.5% Al2O3 and 0.04% P from 9m (JBR-DD-003) – 70.0m @ 31
Slide 15: Jambreiro Resource
Jambreiro Resource For personal use only Initial Inferred resource of 77.1mt @ 29.5% Fe* Mt Fe % SiO2 % Al2O3% P% LOI% 77.1 29.5 51.3 3.1 0.04 1.02 Resource remains open to the South Early stage gravity beneficiation tests shows friable mineralisation cost effectively upgrades to a high grade
Slide 16: Domestic Production - Passabem
Domestic Production - Passabem For personal use only 16
Slide 17: Passabem Iron Ore Project (100%)
Passabem Iron Ore Project (100%) For personal use only Projected to be a 1mtpa producer of high grade iron ore. 39 Mt JORC Resource. Initial test work indicates low cost beneficiation to high-grade (+66%Fe) product. Ore body extends over a strike length of 5 kilometres. Future work program
Slide 18: Domestic Production - Itambé
Domestic Production - Itambé For personal use only 18
Slide 19: Itambé Iron Ore Project (100%)
Itambé Iron Ore Project (100%) For personal use only Projected to be a minimum 500kpta producer of high grade iron ore. Initial 15.5Mt JORC Inferred Resource beneficiates cost effectively to high-grade product. Recent drill samples collected for further beneficiation work. Initial studies fr
Slide 20: Resource Summary – Domestic Projects
Resource Summary – Domestic Projects For personal use only Centaurus has assembled a strong Project and resource base in Brazil of Itabirite mineralisation that upgrades to a high grade hematite product. Project Million Tonnes Fe % SiO2 % Al2O3 % P LOI Jambreiro* 77.1 29.5 51.3 3.10 0.04 1.02 Pass
Slide 21: Iron Ore Export Business
Iron Ore Export Business For personal use only “Supplying Iron Ore to the World Market” 21
Slide 22: Export Projects
Export Projects For personal use only Minas Gerais 22
Slide 23: Iron Ore Export Business
Iron Ore Export Business For personal use only 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 Invest
Slide 24: Summary
Summary For personal use only Highly experienced, well funded team with extensive global experience in the financing, development and operation of iron ore projects. Strong domestic project resource base. Building a business to supply domestic steel mills, and in time also world markets. At
Slide 25: Developing a Brazilian Iron Ore Business
For personal use only 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
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