Cufe Ltd · ASX:CUF
Cufe — Investor Presentation (May 2023)
23 slides from Cufe's investor presentation, May 9, 2023
Slide 1: Investor Presentation May 2023
For personal use only INVESTOR PRESENTATION May 2023 ASX: CUF
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by CuFe Ltd (“CuFe” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities, in the Company or as an inducement to make an offer or invitation with respect to
Slide 3: Investment Highlights
OVERVIEW Investment Highlights CuFe’s investment proposition is predicated on its high grade, premium product Iron Ore projects and exposure to key strategic metals, Copper and Lithium For personal use only EMERGING OPPORTUNITY IN STRATEGIC METALS Cu and Li 1 Tennant Creek copper tenure with resourc
Slide 4: Corporate Snapshot
OVERVIEW Corporate Snapshot Australian, ASX-listed (CUF), producer and OWNERSHIP CAPITAL STRUCTURE explorer with diversified commodity interests Gold Valley Group 19.8% Share Count 966m For personal use only in various projects and tenements Cyclone Metals Group 15.1% Market Capital A$13.5m prospect
Slide 5: CuFe Projects
PROJECTS CuFe Projects CuFe is a multi commodity play with projects and interests located in world- For personal use only class mineral provinces in mining friendly jurisdictions of Australia LOW INITIAL CAPITAL COST Constructed iron ore mine for low initial capital cost. Mature copper project to re
Slide 6: Projects
For personal use only PROJECTS ASX: CUF | 6
Slide 7: Tennant Creek Copper / Gold
PROJECTS TENNANT CREEK COPPER / GOLD Own material tenement package in rich copper / gold producing area For personal use only Ownership • CuFe acquired a 60%# interest (including operatorship) over some 240km of highly prospective tenure at Tennant Creek in the Northern Territory (Tennant Creek). Pr
Slide 8: Tennant Creek - Near-term Opportunities
PROJECTS TENNANT CREEK - Near-term Opportunities Opportunity to fast-track production at Orlando For personal use only Final Pit Concept Studies • Studies focused on low CAPEX, near term, staged development within existing site layout constraints. • Studies are in progress testing two processing opt
Slide 9: Tennant Creek – Near Mine Exploration
PROJECTS TENNANT CREEK – Near Mine Exploration Opportunity to grow and expand near mine Cu-Au resources For personal use only Near Mine Targets • Potential to extend resources and close out open enrichment within both the Orlando and Gecko structural corridors. • Orlando enrichment open at depth and
Slide 10: Bryah Basin JV Projects
PROJECTS BRYAH BASIN JV PROJECTS Highly prospective region For personal use only • Tenements proximal to: Sandfire Resources NL (ASX: SFR), Doolgunna Project; and DeGrussa copper-gold mine, and other gold and copper prospects • Exploration licences within Auris Minerals Ltd (ASX: AUR): Forrest Proje
Slide 11: Projects
For personal use only PROJECTS ASX: CUF | 11
Slide 12: JWD Iron Ore Operation
PROJECTS JWD IRON ORE OPERATION Ultra flexible optimised high-grade, low impurity iron ore operation For personal use only Ownership • CuFe has a 60%interest (including operatorship) in the Iron Ore Mining Rights Agreement over the Wiluna West JWD deposit (JWD Project).* • Acquisition consideration
Slide 13: JWD Iron Ore Operation: Optimised Production
PROJECTS JWD IRON ORE OPERATION Optimised Production For personal use only Supply Chain and Process Optimisation • Transition to a haulage fleet of high payload ultra quad road trains that improve efficiencies and reduce transport costs. • Progressive improvement of Fines Fe grade as the pit progres
Slide 14: JWD Iron Ore Operation: Revenue and Opex
PROJECTS JWD IRON ORE OPERATION Revenue and Opex For personal use only Iron Ore Sales and Hedge Program • JWD’s primary product is a premium grade lump product which typically achieves pricing levels at or above the 62% Fe index plus lump premium. • Rising iron ore price in Q1 has enabled a reset of
Slide 15: Yarram Iron Ore Project
PROJECTS YARRAM IRON ORE PROJECT Mature iron ore development opportunity with potential for low-cost production For personal use only Ownership • CuFe holds a 50% interest (including operatorship) in the Yarram Iron Ore Project (Yarram). Project Overview • Yarram has a high-grade DSO resource* of 5.
Slide 16: Yarram – Near-term Production Potential
PROJECTS YARRAM – Near-term Production Potential Staged Development Studies underway For personal use only Concept Studies • PROJECTS • Studies are currently underway to evaluate a Staged Development path that achieves the following: • Prioritizing near-term production around the quickest and cheape
Slide 17: Yarram – Staged Development and Supporting work streams
PROJECTS YARRAM – Near-term Production Potential Staged Development and Supporting work streams For personal use only Upcoming Work Streams • An MMP has recently been submitted to enable a second pass aircore/RC program to close out some remaining sections of the orebody (defined in 2022 drill progr
Slide 18: Projects
For personal use only PROJECTS ASX: CUF | 18
Slide 19: Coolgardie Lithium Project
PROJECTS COOLGARDIE LITHIUM PROJECT Highly prospective lithium tenure in emerging Yilgarn Lithium Belt For personal use only Ownership • Cufe acquiring E15/1495 for $300,000 cash from a private vendor. A milestone payment, payable on first production from a mining lease arising from the tenure and a
Slide 20: Summary: Next Steps
SUMMARY NEXT STEPS TENNANT CREEK PROJECTS For personal use only Progress feasibility and approvals work on Orlando open 1 pit cutback. Improve and de-risk orebody knowledge and commence exploration on targets with a view to further drilling to follow up previous high grade copper hits JWD PROJECT 2
Slide 21: Appendix
For personal use only APPENDIX
Slide 22: Attributions
ATTRIBUTIONS ATTRIBUTIONS Competent Persons Statement For personal use only The information in this report that relates to geology is based on, and fairly represents, information which has been compiled Siobhan Sweeney is a Member of the Australasian Institute of Geoscientists and a full-time employ
Slide 23: For personal use only
For personal use only +61 (8) 6181 9793 ir@cufe.com.au cufe.com.au