Apollo Minerals Limited · ASX:AON
Apollo Minerals — Investor Presentation (October 2011)
24 slides from Apollo Minerals's investor presentation, Oct 25, 2011
Slide 1: Investor Presentation
October 2011 For personal use only Investor Presentation www .apollominerals.com.au
Slide 2: Disclaimer
For personal use only Disclaimer 2 This presentation has been prepared by Apollo Minerals Limited (“Apollo” or the “Company”). It 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 re
Slide 3: Table of contents
Table of contents 3 For personal use only Company overview Iron ore expertise Key projects Commonwealth Hill Fe (SA) Poised to Outperform Titan Base and Precious Metals (SA) Mt Oscar Main and Mt Oscar East Fe (WA) Summary Market comparisons
Slide 4: Company overview: well placed for significant growth
Company overview 4 Well placed for significant growth For personal use only Company overview Source of funds ASX Code: AON Armco Shares: 157m (China) Unlisted options: 51m @25c expiry 2011/12 19% Market Cap: $11m L/T Retail investors 61% Cash 30 June 2011: $1.5m 20% Poised to Outperform Ex
Slide 5: Apollo Management Team
Apollo Management Team 5 Meaningful resources industry experience For personal use only •Dominic Tisdell – Executive Director and Chief Operating Officer (B Engineering (Mining), MBA) • 15 years experience in mining, resources M&A and management consulting with Rio Tinto, Mitsubishi Corporation and
Slide 6: Key projects
Key projects 6 Focused on near-term production of iron ore For personal use only 1 Fe Concentrates and Mt Oscar, Mt Oscar East (WA) Pre-Concentrates Commonwealth Hill (SA) 2 Fe Direct Shipping Mt Oscar East (WA) Ore Style Commonwealth Hill (SA) Mineralisation 3 Poised to Outperform Base and
Slide 7: Table of contents
Table of contents 7 For personal use only Company overview Iron ore expertise Key projects Commonwealth Hill Fe (SA) Poised to Outperform Titan Base and Precious Metals (SA) Mt Oscar Main and Mt Oscar East Fe (WA) Summary Market comparisons
Slide 8: Commonwealth Hill
Commonwealth Hill 8 Metallurgically superior iron + base and precious metals potential For personal use only Key Characteristics 15km from standard gauge Ghan Railway with potential for direct export via Spencer Gulf, SA or Darwin, NT Potential for near-term, low cost mine development Hosted i
Slide 9: Exploration targets
Exploration targets 9 Advanced and early-stage opportunities For personal use only Historic exploration Minotaur Gold broad-scale calcrete sampling targeting Limited SA Government drilling of Wirrida to < 50m Challenger style gold mineralisation Redport drilling of Birthday prospect near Ibis
Slide 10: Example base & precious metals prospects
Example base & precious metals prospects 10 Mineralisation models and size to be investigated For personal use only Mars: Fe, Cu and Au St Andrews: Fe (DSO style), Ni and Cu ? Poised to Outperform ? 20m @ 58% Fe from 12m 4m @ 70% Fe ? 4m @ 0.17% Ni Max 4m composite assays: 38% Fe 700 ppm C
Slide 11: St Andrews DSO style Fe mineralisation
St Andrews DSO style Fe mineralisation 11 Mineralisation appears to be gently plunging NE For personal use only St Andrews: Cu St Andrews: Fe and Ni A: 6689100 mN B: 6689150 mN Fe Legend 0 -> 5% 5 –> 10% 10 -> 20% 20 –> 30% 30 –> 40% 40 –> 50% Poised to Outperform Note: the interpretation and assume
Slide 12: Example beneficiable Fe prospects
Example beneficiable Fe prospects 12 Near-surface, coarse grained mineralisation For personal use only Sequoia and Sequoia South SE007 Poised to Outperform SE001 Sequoia Sequoia South Concept Stg II Sequoia Mine: depicts historic drill results, interpreted mineralisation from assay (red), geophysics
Slide 13: Iron product qualities
Iron product qualities 13 Potential for premium quality blast furnace fines For personal use only Product benchmarks Opportunities exist to produce a range of products covering DRI pellet feed to high quality sinter fines, all at high levels of iron recovery and at relatively coarse grinds Commo
Slide 14: Operational Benchmarks
Operational Benchmarks 14 Significant benefits available in SA For personal use only Selected operational and development benchmarks SA* Advantage 160 Operating performance protected US$/t (CIF China equivalent basis) 140 from any major market downturn 120 Fines Supply Cost + 100 80 Operating co
Slide 15: Wirrida Complex
Wirrida Complex 15 Massive intrusive with strong iron, base and precious metals potential For personal use only Complex overview Likely to be a 10 x 7km intrusive with potential to host massive iron, copper, gold and other base metals mineralisation Large ironstone units identified with geophysi
Slide 16: Mt Oscar
Mt Oscar 16 Demonstrated saleable Fe product with real development potential For personal use only Key characteristics Located in the hub of the Pilbara, 30km from the proposed Port Anketell and necessary infrastructure Sustainable, stand-alone tonnages: Exploration Target* 350–650mt at 30–37% F
Slide 17: Mt Oscar exploration and metallurgy results
Mt Oscar exploration and metallurgy results 17 Drilling exceeds expectations For personal use only Significant exploration results RC drilling of 5 holes (1,440 m) at BIF Unit C demonstrated wide intercepts Detailed geological mapping showed variability across BIF Units Unit A drilled demonstr
Slide 18: Mt Oscar Main resource potential
Mt Oscar Main resource potential 18 Large surface iron formation demonstrated. More to come For personal use only Updated exploration targets Low and non-magnetic zones remain untested by drilling as does the Deposit(s) remains open at depth and along strike eastern fault zone BIF units and the
Slide 19: Mt Oscar East resource potential
Mt Oscar East resource potential 19 Near surface anomaly with DSO potential For personal use only Prospect overview including geophysics and surface sampling 7 km due east of Mt Oscar Main A Bulk of prospect is circa 20-30m below cover Surface sampling of the sub-crop indicates magnetite rich
Slide 20: Table of contents
20 Table of contents For personal use only Company overview Iron ore expertise Key projects Commonwealth Hill Fe (SA) Poised to Outperform Titan Base and Precious Metals (SA) Mt Oscar Main and Mt Oscar East Fe (WA) Summary Market comparisons
Slide 21: Summary: project status
Summary: project status 21 Poised to outperform For personal use only Project status Iron Ore SA – Commonwealth Hill Near-term, low cost mine development opportunity Potentially large iron accumulatation in an emerging iron ore region Existing heavy haulage rail and port facilities in place
Slide 22: Summary: work programme
Summary: work programme 22 Focused on getting projects ‘Mine Ready’. 60% capital to Commonwealth Hill, 40% Mt Oscar For personal use only High level work programme Exploration Ahead Site survey planned for Commonwealth Hill including access, accommodation, water supply, etc Surface geological ma
Slide 23: Market comparables
Market comparables 23 Significant upside at current levels For personal use only Market Capitalisations: selected peer iron ore focused companies (6 October, 2011) A$m 600 496 500 460 Explorer Developer Producer Poised to Outperform 400 319 300 252 178 200 124 88 100 48 39 11 0 Apollo Western Austra
Slide 24: Investor Contact
For personal use only ASX Code: AON 24 Investor Contact: Dominic Tisdell Chief Operating Officer Poised to Outperform Ph: +61 2 9078 7667 dominic@apollominerals.com.au The information in this document that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information comp
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