Admiralty Resources NL · ASX:ADY

Admiralty Resources NL — Investor Presentation (April 2013)

21 slides from Admiralty Resources NL's investor presentation, Apr 19, 2013

  1. Slide 1: High Quality Iron Ore Production from Chilean Magnetite

    High Quality lron Ore Production from Chilean Magnetite By Stephen C. Prior Managing Director SS?" ADMIRALTY RESOURCES

  2. Slide 2: Forward Looking Statements

    Slide - 2 - Forward Looking Statements The information in this presentation is published to provide information about Admiralty Resources NL (“Admiralty” or “ADY”) and its subsidiaries. All reasonable effort has been made to provide accurate information, but Admiralty makes no representations or war

  3. Slide 3: Agenda

    Slide - 3 - Agenda 1 2 3 4 Admiralty has Admiralty and Admiralty: Appendix the iron the processing of future its iron production schedule

  4. Slide 4: Admiralty has the iron: 264.7 Mt in Chile

    Admiralty has the iron: * 264.7 Mt in Chile * Combined Measured, Indicated and Inferred Mineral Resources from the Mariposa & Soberana iron deposits, at a cut-off grade of 15% Fe. Map is not to scale.

  5. Slide 5: Admiralty has the iron: Where?

    Slide - 5 - Admiralty has the iron: Where? 6,800 Ha in the Chilean iron belt: internal roads network without high mountain formations 40-60km from the coast 10 km from the Pan American highway, with direct access 15-40km from the town of Vallenar, regularly serviced by air Ample port availability: −

  6. Slide 6: Admiralty has the iron: At what development stage?

    Slide - 6 - Admiralty has the iron: At what development stage? 3 iron districts: Harper South, Pampa Tololo and El Cojin 14 targets confirmed by high resolution ground magnetic survey in 2011-2012 Most advanced targets: Soberana and Mariposa 1. Soberana: − JORC compliant resource of 90.2 Mt at cut-o

  7. Slide 7: Admiralty has the iron: How much thus far?

    Slide - 7 - Admiralty has the iron: How much thus far? JORC-compliant Mineral Resources at a cut-off grade of 15% Fe MEASURED INDICATED INFERRED TOTAL % FeT Project RESOURCES RESOURCES RESOURCES RESOURCES AVERAGE (Mt) (Mt) (Mt) (Mt) Mariposa 43.4 7.6 123.5 174.51 24.5 Soberana - - 90.2 90.22 24.5 TO

  8. Slide 8: Admiralty has the iron: At what development stage?

    Slide - 8 - Admiralty has the iron: At what development stage? Advancing targets: La Chulula and Simpson 1. La Chulula: − Dimensions of 250 x 900m, with a depth of 600m, located near surface − 8,552m of drilling in the last 12 months, identifying 3 main sectors 3-D inversion of the results of the hi

  9. Slide 9: Working towards production

    3 1 Working towards production 2 3 1 Drilling at La Chulula (June-July 2012) Main mineralisation sectors at 2 La Chulula (February 2013) 3 Live production test at Soberana (July 2012)

  10. Slide 10: Admiralty has defined the processing of its iron

    Admiralty has defined the processing of its iron Types of mineralisation encountered at Mariposa, Soberana and La Chulula (2011-2013).

  11. Slide 11: Admiralty has defined the processing of its iron: How?

    Slide - 11 - Admiralty has defined the processing of its iron: How? RUN OF MINE EXTRACTION Mining operations to be conducted by a traditional blast-truck-haul method Optimised processing plant flowsheet composed of: TRANSPORT TO PLANT − 4 crushing stages; and − 3 beneficiation stages CRUSHING / Crus

  12. Slide 12: Conceptual Plant Workflow

    Slide - 12 - Admiralty has defined the processing of its iron: Conceptual Plant Workflow Final Product 0 Source: Project & Maintenance Engineering S.A. (PME), Chile.

  13. Slide 13: Final Product Specification

    Slide - 13 - Admiralty has defined the processing of its iron: Final Product Specification CHEMICAL COMPOSITION (fines) Fe 63.50% (min) P 0.075% (max) S 0.07% (max) SiO2 5.50% (max) Al2O3 1.50% (max) V 0.43% (max) Ti 0.23% (max) Cu 0.05% (max) Na & K 0.28% (max) Other 0.10% (max) (Ni, Sn, As, Zn, Pb

  14. Slide 14: Final Product in Lump or Fines

    Slide - 14 - Admiralty has defined the processing of its iron: Final Product in Lump or Fines Lump Lumps Fines Production from the real live test performed on Soberana ROM (July 2012).

  15. Slide 15: Admiralty: future production schedule

    Admiralty: future production schedule

  16. Slide 16: Admiralty: Future Production Schedule

    Slide - 16 - Admiralty: Future Production Schedule IRON ORE PRODUCTION (DMT) @ >62% Fe Year ended 30 June 2014 2015 2016 2017 2018 Soberana1 240,000 360,000 360,000 360,000 360,000 Mariposa2 - 500,000 1,200,000 1,200,000 1,200,000 La Chulula3 500,000 1,200,000 1,200,000 Plant Expansion I4 500,000 1,

  17. Slide 17: Appendix

    Appendix . Ss ”" ADMIRALTY RESOURCES

  18. Slide 18: Board of Directors

    Slide - 18 - Board of Directors Prof. Ross Harper Stephen Prior Dr Shaoqing Li Michael Perry Hanjing Xu Chairman Managing Director Non-executive Director Non-Executive Director Non-executive Director CBE and Emeritus Chartered accountant, PhD in GeoTechnical Former Senior Partner Experienced company

  19. Slide 19: Corporate Directory

    Slide - 19 - Corporate Directory SHARES ON ISSUE: 727,822,759* CONTACT Level 16, 379 Collins Street, NUMBER OF SHAREHOLDERS: 8,343* Melbourne VIC 3000, Australia Tel: +61 3 9620 7144 CURRENT SHARE PRICE: (AUD) 3.4c* Email: investors@ady.com.au Website: www.ady.com.au CURRENT MARKET CAP: (AUD)≈$24.7M

  20. Slide 20: Past Final Product Composition

    Slide - 20 - Past Final Product Composition Extract from Certificate of Analysis issued by Alex Stewart International on the 44,592,413 WTM iron ore fines shipped by MV ZHI QIANG on 22 October 2008.

  21. Slide 21: Thank you for your attention

    Thank you for your attention. I would be pleased to address any questions from the floor.

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