Labrador Iron Mines Holdings Ltd. · OTC:LBRMF
Labrador Iron Mines — Investor Presentation (2015)
31 slides from Labrador Iron Mines's investor presentation, Dec 1, 2015
Slide 1: Labrador Iron Mines 2015 Corporate Presentation
LABRADOR IRON MINES 2015 Corporate Presentation
Slide 2: Forward Looking Information
Forward Looking Information Labrador Iron Mines Holdings Limited (“LIM” or the “Company”) has prepared this presentation for information purposes only. The information contained herein was prepared by management on a best efforts basis and is believed to be accurate. It contains forward-looking stat
Slide 3: LIM Iron Ore: LIM Advantages
LIM Iron Ore Schefferville/Menihek Region, Labrador Trough LIM Advantages The Labrador Trough: Canada’s foremost iron ore producing region Three Years Operating Experience (2011 – 2013) Only independently-owned iron ore producer in Canada Projects close to extensive & existing infrastructure Superio
Slide 4: Labrador Iron Mines: First Mover
Labrador Iron Mines: First Mover We were the first iron ore producer in the Schefferville/Menihek Area in 30 years James Mine was the first in a series of DSO deposits that LIM owns and plans to operate in Schefferville 4
Slide 5: LIM Three Years of Operations Completed
LIM Three Years of Operations Completed 2011 – 2013: of iron ore to China LIM iron ore sold (wmt) LIM is one of only a handful of Canadian mining companies to have exported iron ore into seaborne iron ore market Labrador Iron Mines 5 Note: Commercial production achieved at the James Mine in April 20
Slide 6: LIM's Portfolio
LIM’s Portfolio Eclipse (northwest – not shown on map) DSO North Zone Deposits Trough 1 59.5 mt 57% Fe NI 43-101 Resource1 Wollett Central Zone North Central From 6 DSO deposits Fleming 9 Lance Ridge South Central (James, Redmond, Denault, Knob Lake, Houston & Malcolm) 108.4 mt 62% Fe Historic Resou
Slide 7: Our Projects: Access to Extensive Infrastructure
Our Projects: Access to Extensive Infrastructure Hydro power Direct rail link to port LIM process plants (wet and dry) Roads, airstrip, town Hydro Power Connection LIM Wet Process Plant LIM Dry Process Stream Direct rail access to Port Town of Schefferville with airstrip Road access Labrador Iron Mi
Slide 8: Mine-to-Port Solution
Mine-to-Port Solution Mine and Process Rail Port and Sales – Houston + surrounding deposits – TSH, QNS&L: LIM spur line – Ore handling facilities with access – LIM wet & dry process plants – Railcar maintenance facility to cape-size vessels* – Sinter and lump products *2011 – 2013 Agreement with IOC
Slide 9: LIM's Shipping Advantage
LIM’s Shipping Advantage Deep sea port on Atlantic seaboard » Access to markets: Europe, Asia and North America Shipping advantage to markets in North America and Europe » Shorter distance relative to other primary iron ore Western Europe (Rotterdam) 5,000 km regions Eastern Europe (Constantza)
Slide 10: LIM's Operations & Projects
Labrador Iron Mines LIM’s Operations & Projects
Slide 11: James Mine: Three Years of Iron Ore Production Completed
James Mine: Three Years of Iron Ore Production Completed (2011 – 2013) James Mine James Mine: ~4.6 million tonnes ore mined and ~8.2 million tonnes waste removed in three operating seasons (2011, 2012, 2013) 11
Slide 12: Silver Yards Processing Facility
Silver Yards Processing Facility Silver Yards wet beneficiation plant 12
Slide 13: Silver Yards Dry Screening
Silver Yards Dry Screening Triple deck dry system to crush and screen iron ore (no washing) 13
Slide 14: Houston Flagship Deposit
Houston Flagship Deposit Houston: Projected Eight to Ten Year Mine-Life Houston Malcolm (NW extension) Total resource 31.3 mt M+I @ 57.5% Fe 9.2 mt M+I @ 57.8% Fe 40.5 mt 57.6% Fe1 + 3.2 mt Inf @ 56.9% Fe + 0.5 mt Inf @ 56.4% Fe Upside Potential: Houston and Malcolm deposits remain open along strike
Slide 15: Houston Flagship Deposit
Houston Flagship Deposit Houston + Malcolm • ~15 km SE of James mine • Consistent high quality iron ore product expected Houston access road tree clearing complete Labrador Iron Mines 15
Slide 16: Houston Flagship Deposit: Proposed Development
Houston Flagship Deposit Proposed Houston Development Simple Development Plan Surface and mining leases in place 1 Phase 1initial Evaluating Development development – revised lower capital development plan1: Access Capital road (10km) investment + bridge to put Houston into production relati
Slide 17: Elizabeth Taconite Project First Resource
Elizabeth Taconite Project First Resource LIM’s exploration efforts have identified large iron orebody 620 million tonnes inferred @ 31.8% Fe1 Exploration potential of 350 – 600 million tonnes @ 31.9% Fe1 Alongside existing infrastructure (roads, rail bed and power line corridor); 4 km from
Slide 18: Strategic Relationship Established with TSMC
Strategic Relationship Established with TSMC Arrangements with Tata Steel Minerals Canada, subsidiary of Tata Steel Limited Multi-part cooperation agreements in areas of: Logistics Cost synergies; key logistics + Property infrastructure issues rationalization Rebuilt rail line: Silver Yards Various
Slide 19: Rail Operations
Rail Operations GWRR leases locomotives and (Genesee & Wyoming) operates LIM’s 6 km spur line TSH Railway to Emeril Junction in Labrador: ~200 km QNS&L to Port of Sept-Îles: ~360 km Three Railed to Port of Sept-Îles Operating Seasons (2011 – 2013) Labrador Using longer Iron sets 164-car train Mines
Slide 20: Rail Operations
Rail Operations Loading rail cars at Silver Yards 20
Slide 21: LIM Shipping Operations
LIM Shipping Operations Year 1: Frontier Mirage carrying 173,000 wmt of LIM iron ore 21
Slide 22: LIM Shipping Operations
LIM Shipping Operations Year 2: First Eagle carrying ~176,000 wmt of LIM iron ore 22
Slide 23: LIM Shipping Operations
LIM Shipping Operations Year 3: SamJohn Dream carrying 186,500 wmt of LIM iron ore 23
Slide 24: Enhancing Long-term Port Access
Enhancing Long-term Port Access Progress: Port of Sept-Îles new multi-user berth completed August 2015 24
Slide 25: Environment
Environment Fulfilling all environmental / regulatory obligations 1 LANDFILL PROJECT New dry materials landfill constructed near the Redmond Mine 2 FISH HABITAT Redmond Creek fish habitat facility creating ~1,500 m2 of spawning and rearing habitat for brook trout 3 JAMES MINE REHABILITATION Perimete
Slide 26: Agreements with First Nations
Agreements with First Nations Impact and Benefit Agreements Social License to Operate July 2008 Innu Nation of Labrador (left) Naskapi Nation of Local employment September 2010 Kawawachikamach (2nd from left) Training programs June 2011 Innu Matimekush-Lac John (2nd from right) Business opportunitie
Slide 27: Corporate
Corporate1 In view of prevailing iron ore price outlook and based on LIM’s experience over three previous operating seasons, LIM made strategic shift in corporate focus to: » establish lower cost operating framework; » negotiate more favourable commercial terms of major contracts; » secure additio
Slide 28: Directors & Executive Team
Labrador Iron Mines Directors & Executive Team
Slide 29: LIM Executive Team
LIM Executive Team John Kearney Mining executive with over 40 years of industry experience. Chairman and CEO Chairman & CEO of numerous mining companies, including Canadian Zinc Corporation and Anglesey Mining plc. Board of Director, Mining Association of Canada. Rod Cooper Mining engineer with over
Slide 30: LIM Board of Directors
LIM Board of Directors John Kearney Mining executive with over 40 years of industry experience; Chairman & CEO Chairman and CEO of numerous mining companies. Bill Hooley Professional mining engineer with 40 years experience. Vice Chairman CEO of Anglesey Mining plc and former President & COO of LIM.
Slide 31: Labrador Iron Mines
LABRADOR IRON MINES John F. Kearney Chairman and CEO Rod Cooper President and COO Main Office 220 Bay Street Toronto, ON, M5J 2W4 www.labradorironmines.ca
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