Legacy Iron Ore Ltd · ASX:LCY
Legacy Iron Ore — 15th Annual Global Iron Ore and Steel Forecast Conference 2012
22 slides from Legacy Iron Ore's conference presentation, Mar 20, 2012
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement An NMDC Group Company 20 March 2012 ASX Market Announcements For personal use only ASX Limited About Legacy Iron Ore Legacy Iron Ore Limited (“Legacy” or the “Company”) is a Western Australian based Via E Lodgement Exploration Company, focused on iron ore and gold exploration and di
Slide 2: Global Iron Ore & Steel Conference
For personal use only GLOBAL IRON ORE & STEEL CONFERENCE Perth WA 21 March 2012 Local Knowledge | International Network | Quality Assets
Slide 3: Investment Highlights
Investment Highlights For personal use only Quality Assets 1 World class iron ore project with quality manganese and gold exploration assets adjacent to operating mines NMDC – Strong Cornerstone Investor Financial Fi i l leverage l off NMDC, NMDC a cornerstone t investor i t withith a $15 billion bi
Slide 4: Corporate Overview
Corporate Overview For personal use only Capital Structure Key Assets ASX C Code d ASX LCY ASX:LCY 60% earn‐in i Shares on issue 581.3m Mt Bevan Iron Ore (April 12 expected Options on issue 219.7m completion) Fully diluted shares on issue 800.8m Manganese, Robertson Range 100% Current share price (9
Slide 5: Corporate Structure
Corporate Structure For personal use only 50% Robertson Range East Kimberley Mt Bevan Hamersley South Laverton Manganese & REE, Niobium, Iron Ore Iron Ore Gold Iron Ore Base Metals (60% earning) (100%) (100%) (100%) (100%)
Slide 6: National Mineral Development Corporation (NMDC)
National Mineral Development Corporation (NMDC) For personal use only Overview of NMDC Indian State‐owned enterprise under the administrative control of the Ministry of Steel, Government of India India’s largest iron ore producer (currently 30Mtpa) and exporter Involved in the exploration and produc
Slide 7: Board and Management
Board and Management For personal use only Narendra Kumar Nanda MEng, F.IIE Timothy Turner B.Bus. (Acc), FTIA, FCPA Non Executive Chairman Non‐Executive Non‐Executive Non Executive Director ‐ Current Chairman & Managing Director of NMDC ‐ Senior partner with accounting firm Hewitt Turner and ‐ Numer
Slide 8: Asset Locations
Asset Locations For personal use only Iron Ore Projects Mt Bevan Robertson Range Hamersley Manganese Robertson Range Gold S h Laverton South L East Kimberley Other Commodities – East Kimberley Koongie Park (base metals) Mt Bradley (REE, niobium)
Slide 9: A Premier Resource
Mt Bevan – A Premier Resource For personal use only Mt Bevan Highlights 100m+ thick shallow dipping magnetite slab extending for entire 10km strike JORC Inferred Resource: 1.59Bt at 30.2% Fe (25% Fe cut‐off) Exceptional continuity both along strike and down dip Drilling to conservative 300m depth –
Slide 10: Infrastructure
Mt Bevan – Infrastructure For personal use only Location 100k W 100km Westt off LLeonora iin th the Central Yilgarn region of WA Proximate to existing road, rail and port facilities f l Esperance p Port State Government committed to a significant upgrade of Esperance Port in January 2012 Upgrade of
Slide 11: Drilling
Mt Bevan – Drilling For personal use only Aeromagnetic image of Mt Bevan Drilling of Western BIF completed Project – showing BIF horizons as highly The northern part (Mt Alexander) and the magnetic features 20km strike Eastern BIF not yet explored
Slide 12: Premium Magnetite Product
Mt Bevan – Premium Magnetite Product For personal use only Mt Bevan Typical WA Grind Size 50µm→55µm 26µm→35µm Concentrate Grade 69%‐70% 64%‐66% Wt Recovery 44.63% 30% ‐ 41% Work Index kWh/t 11 18 Energy gy kWh/t / 12.08 30.3
Slide 13: JV Agreement with Hawthorn Resources
Mt Bevan – JV Agreement with Hawthorn Resources For personal use only Overview of JV Agreement g Farm‐in and JV agreement signed with Hawthorn Resources Limited (ASX: HAW) in October 2010 whereby: Legacy is i required i d to spend d $3.5 $3 million illi Upon completion, Legacy will own 60% of the JV
Slide 14: 2012 Drilling Program
Mt Bevan – 2012 Drilling Program For personal use only 8,000m Drilling ll Program ((Q2 2012)) Convert area from Inferred to Indicated JORC status – 6,800m , Explore DSO Hematite Targets at Mt Alexander and Western BIF – 1,380m Other Drilling (2H 2012) Convert areas from Indicated to Measured JORC st
Slide 15: 2012 Key Objectives
Mt Bevan – 2012 Key Objectives For personal use only Complete 60% farm‐in (Q2 2012) Deliver Scoping Study (Q2‐Q3 (Q2 Q3 2012) Commence Bankable Feasibility Study (Q4 2012) Deliver Development p Studies (Q (Q3 2012):) Energy (gas supply)/Hydrology/Heritage/Native title/Flora/Fauna/EIS Rail and Port –
Slide 16: Development Timetable
Mt Bevan – Development Timetable Magnetite For personal use only 2012 2013 2014 2015 2016 2017 2018 Mine & Plant Resource Drilling Feasibility Studies Environmental, Heritage, Water Design, Procure., Construction Prod ction Production Energy, Rail & Port Studies / JV Construction DSO Hematite Drilli
Slide 17: Other Assets – Robertson Range Manganese
Other Assets – Robertson Range Manganese For personal use only Black Hill Prospect – assays to 33% manganese Recently commissioned Nicholas Downs ( Hancock IPSurvey reveals major anomaly to be drill tested Prospecting ) manganese mine – 30 km to north 1,200m RC drill program to commence Q2 2012 alon
Slide 18: Other Assets – South Laverton Gold
Other Assets – South Laverton Gold For personal use only Mountt C M Celia li Along strike to south of world class Sunrise Dam and Wallaby gold mines ( Moz gold (8 ld each)h) Blue Peter Good widths/grade/g Visible coarse gold All zones open at depth, and in most cases along strike Maiden drilling com
Slide 19: Key Takeaways
Key Takeaways For personal use only Developing 1 Focus on developing the Premier Magnetite Deposit, Mt Bevan ‐ while also advancing the Manganese and Gold assets Funding 2 Security from strategic cornerstone investor, NMDC Assets 3 Expanding and diverse pipeline of projects Activity Aggressive dri
Slide 20: Forward Looking Statements
Forward Looking Statements For personal use only This document or presentation may include forward‐looking statements. Forward‐looking statements include, but are not limited to, statements concerning Legacy Iron Ore Limited Limited’ss planned exploration program and other statements that are not hi
Slide 21: Supporting Statement
Supporting Statement For personal use only Legacy Iron Ore Limited 2012 Legacy Iron Ore Limited does not make any representations or warranties of any kind, whether expressed or implied, regarding this presentation, including without limitation, any warranty regarding the accuracy, reliability and c
Slide 22: Thank You
For personal use only Thank h k You PRINCIPAL OFFICE: OFFICE EXECUTIVE AND MANAGING DIRECTOR: DIRECTOR Level 5, Citibank House Sharon Heng 37 St Georges Terrace Tel: +61 8 9421 2005 Perth WA 6000 Email: sharonheng@legacyiron.com.au Tel: +61 8 9421 2005 Fax: +61 8 9421 2001 Email: info@legacyiron.com
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