Slide 1: 2020 AGM Presentation
Tombador Iron Limited ABN: 20 108 958 274 Suite 5, 85 Forrest Street Cottesloe WA 6011 3 December 2020 ASX ANNOUNCEMENT 2020 AGM Presentation Perth, Australia; 3 December 2020. Tombador Iron Limited (ASX:TI1) (the “Company”) is pleased to announce that the Board of Directors and CEO will be presenti
Slide 2: 2020 AGM Presentation
2020 AGM Presentation 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 Construction Commenc
Slide 3: Disclaimer
Disclaimer These presentation materials have been prepared by the Company ("Tombador Iron Limited”). The information contained in these Presentation Materials, and other information received by you in connection with the project, oral or written, is confidential and is being provided to you with the
Slide 4: Investment Highlights
Investment Highlights Tombador is a premium grade iron ore lump project with short term production potential 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 •
Slide 5: Update - Infill Drilling In Progress
Update - Infill Drilling In Progress The Company is continuing its infill and geotechnical drilling program. • The Company has drilled over 600 meters of HQ core of the planned 1500 meters. • Geotechnical drilling has been completed. • It is estimated the infill drilling will be Hematite Outcrop com
Slide 6: Update – Civil Works
Update – Civil Works The Company has entered into a mining and construction contract with SEMEP Logística e Construção Ltda (“SEMEP”). • Civil works for the mine site office and infrastructure, crush and screen plant, and stockpiles is underway. • SEMEP has laid concrete foundations required for the
Slide 7: Update – Foundations Laid on Site
Update – Foundations Laid on Site • Footings for the crushing and screening plant have been poured. • SEMEP has completed mobilisation of civil equipment for the construction phase of the Project to the Tombador mine site. View of the construction of the mine site Location of the crushing and screen
Slide 8: Update – Delivery of Plant Structure
Update – Delivery of Plant Structure The fabrication of the crushing and screening plant for producing up to 400 tonnes per hour of product including lump and fines from Industria Mecânica Irmãos Corgozinho Ltda (“IMIC”), is underway. • The first pack of structures for the plant has been delivered t
Slide 9: Update - Permitting
Update - Permitting Permitting activities for Operation License ongoing • PAE (feasibility study*) approved by the National Mining Agency on the 1st of December 2020. The Company will focus on the remaining steps to obtain a Mining Concession. • Environmental Programs are progressing as expected. •
Slide 10: Update - Permitting
Update - Permitting Permitting activities for Operation License ongoing • Clearing of vegetation for the area for mine site offices, crush and screen plant has been completed; • Clearing of vegetation over other areas such the deposit, the stockpiles and the waste piles is ongoing and will be staged
Slide 11: Mining Permitting on Track
Mining Permitting on Track Construction Underway Environmental Mining Agency Environmental Permitting 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 12: Development Milestones
Development Milestones § Application for the Operating Licence (LO) to be submitted this month; § PAE (feasibility study for National Mining Agency) approved on 1 December 2020; § Infill drilling commenced and ongoing; § Mining contractor SEMEP has mobilised equipment to site and commenced mine site
Slide 13: Company Overview
Company Overview 3 December 2020 12
Slide 14: Capital Structure
Capital Structure Prospectus 2 Dec 2020 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 CS Third Nominees Pty Escrowed Shares 5.1% 102,785,273 102,785,273 Lim
Slide 15: 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 16: 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 17: 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 18: Market
Market Market • Tombador lump will be suitable for Blast Furnace steelmakers • Customer interest from Brazil, Latin America, Europe, and the Middle East • Opportunity to sell at the mine gate to Brazilian Steel Mills • Independent test work completed by a respected European laboratory confirms the h