Slide 1: Company Update Presentation
Tombador Iron Limited ABN: 20 108 958 274 Suite 5, 85 Forrest Street Cottesloe WA 6011 16 February 2021 ASX ANNOUNCEMENT Company Update Presentation Perth, Australia; 16 February 2021. Tombador Iron Limited (ASX:TI1) (the “Company”) is pleased to release an updated Company presentation which reflect
Slide 2: February 2021 Company Update
February 2021 Company Update Price Premium Dividend 100% private focused ownership of lease High grade Fe Outcropping 67% BRAZIL massive low Existing: hematite Risk road links & port access Hematite Mineral mining Local Infrastructure: Resource* jurisdiction water, power, roads & towns 10 Crushing a
Slide 3: Disclaimer
Disclaimer These presentation materials have been prepared by the Company ("Tombador Iron Limited”). These Presentation Materials contain descriptive materials and other data relating to future events. These Presentation Materials are being delivered to certain parties with the understanding that th
Slide 4: Investment Highlights
Investment Highlights Tombador is a premium grade iron ore lump project moving towards production High-grade hematite lump Mineral Resource1 (Fe 67+%) Premium which is anticipated to command a healthy price Grade TOMBADOR premium Short time to • Production targeted by Q2 2021 Production • Project pl
Slide 5: Update - Offtake Agreement
Update - Offtake Agreement Offtake Agreement • The Company has executed a binding offtake agreement with Trafigura for the purchase of 100% of ore that Tombador chooses to sell into the export market • Comprehensive terms relating to sale, shipment, delivery and pricing, including additional working
Slide 6: Update - Infill Drilling In Progress
Update - Infill Drilling In Progress Infill and geotechnical drilling program is continuing: • The Company has drilled over 1700 meters of HQ core • The drill plan has been extended to drill 2500 meters with close-spaced infill to expedite mine planning • The company is currently preparing an initia
Slide 7: Update – Mine Site Construction Complete
Update – Mine Site Construction Complete • The Company has completed construction of the mine site facilities including the mine site offices, workshop, onsite laboratory and crushing and screening plant • All Construction site works are now complete and the Company is ready for the site inspection
Slide 8: Update – Mine Site Construction Complete
Update – Mine Site Construction Complete Site offices and administration infrastructure Canteen Site laboratory equipment for chemical analysis Site laboratory equipment for physical analysis 15 February 2021 7
Slide 9: Update – First Blast
Update – First Blast Pre-stripping underway • The first blast was fired on 5 February 2021 as part of pre-stripping to remove overburden • Access haul roads have been constructed • The mining contractor SEMEP, has completed mobilisation of the mining fleet to the Tombador mine site • Once the Mining
Slide 10: Update - Licensing
Update – Licensing Crushing and screening plant ready for operations The Company successfully commissioned the crushing and screening plant from Industria Mecânica Irmãos Corgozinho Ltda (“IMIC”) on 5 February 2021. The plant with a design capacity of up to 400 tonnes per hour is now ready to produc
Slide 11: Update - Licensing
Update - Licensing Mining Concession • PAE (feasibility study*) was approved by the National Mining Agency on the 1st of December 2020. The Company is now awaiting the Ministry of Mines and Energy (“MME”) to grant the Company’s Mining Concession. Operation License • The next licensing step is the si
Slide 12: Mining Licensing on Track
Mining Licensing on Track Construction Completed Environmental Mining Agency Environmental Licensing Department Tombador (ANM) (INEMA) • Preliminary Licence (LP) granted in 2018 • LP involves Social and Environmental approvals Preliminary Exploration Licence (LP) Licence • Installation Licence (LI)
Slide 13: Development Milestones
Development Milestones • Offtake agreement executed with Trafigura; • Site construction completed including the commissioning of the crushing and screening plant; • Project is ready for inspection by the environmental bureau (INEMA) for the award of the Operating Licence (LO); • Pre-stripping has co
Slide 14: Company Overview
Company Overview 15 February 2021 13
Slide 15: Capital Structure
Capital Structure Prospectus 15 Feb 2021 Substantial Shareholders Shares on issue Colomi Singapore *includes shares under escrow, 1,860,942,816 1,860,942,816 53.2% does not include performance & McRae Investments rights or options Escrowed Shares 102,785,273 102,785,273 12 months Escrowed Shares 1,0
Slide 16: Directors and CEO
Directors and CEO Proven expertise in Brazil mining, logistics, marketing and finance Anna Neuling (Chairman and Non-executive Director) 15 years of experience in financial and corporate roles in the resources industry with ASX listed companies including Sirius Resources NL, LionOre Mining Internati
Slide 17: Mineral Resource
Mineral Resource1 Drilling Deposit drilled at close spacing (25m-75m centres), logged, sampled and tested Completed Combined JORC Resource of 10.05Mt, comprising: 7.99Mt of high-grade hematite, and Classification Tonnes (Mt) Fe (%) SiO2 (%) Al2O3 (%) Measured2 1.94 67.04 1.95 0.47 JORC Indicated2
Slide 18: Simple Mining Operation
Simple Mining Operation Proposed production method • Open pit mine • Standard contract mining - drill & blast, load & haul • Short downhill haul • Simple processing: crush and screen (with no tailings) • Average lump yield of 75% in test work by MOPE1 Operations Flow Chart Mining - drill, Truck haul
Slide 19: Company Contacts
Company Contacts Gabriel Oliva CEO gabriel.oliva@tombadoriron.com Abby Macnish Niven COMPANY SECRETARY info@tombadoriron.com +61 8 6382 1805 Lucas Robinson INVESTOR RELATIONS lucas@corporatestorytime.com +61 408 228 889 www.tombadoriron.com 15 February 2021 18