Slide 1: Centaurus Resources Limited July 2008
Centaurus Resources Limited July 2008
Slide 2: Forward Looking Statements
Forward Looking Statements 2 This presentation includes certain “forward looking statements.” All statements, other than statements of historical fact, are forward looking statements that involve various risks and uncertainties. There can be no assurances that such statements will prove accurate and
Slide 3: Company Structure
Company Structure 3 @ 30 June 08 Shares on issue 30,555,548 Unlisted Options 7,650,000 Market AU $114m Capitalisation Cash Reserves AU $6.5m Share Price AU $3.75 Listed 10 August 2007 3
Slide 4: Carbon Steel Strategy - Brazil
Carbon Steel Strategy - Brazil 4 Building an Iron and Manganese Resource Base Around the Infrastructure Rich Iron Quadrangle Iron Ore – Targeting 250MT within 3 years • Production of iron ore from Liberdade in 2009 • Aggressive Drilling Planned - Ferros and Passebem Projects - Target 10 -15 Mt to ex
Slide 5: The Board
The Board 5 Darren Gordon Richard Hill Mark Papendieck Dr Klaus Petersen Stephen Woodham Chairman Exec Director CEO Exec Director Director 15 years experience 16 years Over the last decade, Mr 20 years experience 15 Years experience financial reporting and Resource Industry Papendieck has held a in
Slide 6: Management
Management 6 Brazil Darren Glover David Divita Matthew Sikirich Exploration Manager CFO Company Secretary Australia 13 years experience in the mining and 10+ years local and international 10 years experience as a Chartered exploration industry in New South experience in accounting for Accountant and
Slide 7: Project Areas
Project Areas 7 Atlantic Ocean AMAPA Carajas - 2 large iron projects under AMAZONAS RIO GRANDE DO NORTE application PARA BAHIA MATO GROSSO DISTRITO FEDERAL MINAS GERAIS ESPIRITO SANTO MATO GROSSO DO SUL Pacific Ocean RIO DE JANEIRO RIO GRANDE DO SUL SANTA CATARINA Brazil Office – Belo Horizonte 6 ir
Slide 8: Iron Quadrangle
Iron Quadrangle 8 Centaurus CentaurusProjects Projects 1. 1. Itambe Itambe 2. Passabem 2. Passabem MINAS GERAIS 3. 3. Ferros Ferros 4. 4. Liberdade Liberdade Minas Minas Rio Rio \\ Anglo AngloAmerican American 55 Ponte Ponte dede Pedra Pedra 20 20 Mtpa (by 2010) Mtpa (by 2010) 66 Serra Serra do Bich
Slide 9: Projects and Ownership
Projects and Ownership 9 Monjolos DIAMANTINA Serra Serrado do Brazil Ponte Ponte de de Bicho Bicho Pedra Pedra 100% 100% 100% 100% CURVELO Guanhães Large City Conceição do Mato Dentro Minas-Rio Minas-RioProject Project Town Morro Morro do do Pilar Pilar Project Project Highway Ferros Ferros 100% 100
Slide 10: Liberdade
Liberdade 10 500m AG IF • Soft, “free dig” ore with AG Augen granite-gneiss simple upgrade to high MD G Mafic Dikes quality product Greenstones BG IF Iron Formation BG Biotite Granite • Surrounding resource BG potential IF BG • Rail within 5 kms Liberdade LiberdadeFe Fe Mine Mine • Close to local sm
Slide 11: Free Dig, Simple Upgrade
Free Dig, Simple Upgrade 11 Pilot Plant Onsite Soft, Free Dig Itabirite Ore Testwork on lower grade ore thru pilot plant confirms simple upgrade and low contaminants Fe SiO2 Al2O3 P Mn LOI ROM 37.00 43.52 2.21 0.03 0.02 1.07 1st Pass 66.07 5.01 0.24 0.01 0.02 0.18 Freely associated 2nd Pass 67.29 2.
Slide 12: Initial Resource & Financials
Initial Resource & Financials 12 # Resource JORC Category Grade 5.31MT 35% Indicated /65% Inferred 43% • Commencing pre-feasibility study on initial resource Upgradeable* to: • Ongoing exploration to increase Fe% SiO2% P% Al203% Mn% 67 2.38 0.014 0.50 0.02 initial resource • Low mining and beneficia
Slide 13: Liberdade - Target Time Line
Liberdade - Target Time Line 13 Aug 08 Oct 08 Dec 08 Mar 09 PRODUCTION 1st HALF 2009 Production H1 09 13
Slide 14: Multiple Fe Production Centres
Multiple Fe Production Centres 14 1.Ferros and Passebem 20 20 Mtpa Mtpa • Targeting10 -15 Mt (by (by 2010) 2010) Conceição do Mato Dentro • Feed for Liberdade Ferros Ferros 2. Itambé •Targeting 100 Mt Morro Morro do do Pilar Pilar Project Project Passabem Passabem • 20 kms from Vale’s Passabem 65 Mt
Slide 15: Itambé - Geology
Itambé 1 - Geology 15 Iron Iron Quadrangle Quadrangle 1. 1. Itambe Itambe 2. 2. Passabem Passabem 3. Ferros 3. Ferros 4. 2 4. Liberdade Liberdade 3 1 4 Itabira Itabira \\CVRD CVRD Belo Horizonte Brucutu Brucutu \\CVRD CVRD 36% 43% 40% BRAZIL A 51% 38% 41% 64% 52% 72% 1000m A’ 41% 65% Al Alluvium 38%
Slide 16: Itambé - Magnetics
Itambé 1 - Magnetics 16 Centaurus CentaurusTenement Tenement G Itambe 1 Itambe 1 G MS IF G A • Magnetics indicate significant IF MS G Al potential beyond mapped outcrop 1000m • Historical adits indicate significant depth potential Al Alluvium Q Quartzite • No drilling MS Mica-quartz schist • Drillin
Slide 17: Itambé
Itambé 17 Historical Adits Outcropping Hematite Only 20kms from Itabira 17
Slide 18: Conceição Mine - Itabira
Conceição Mine - Itabira 18 18 1 km
Slide 19: Projects and Ownership
Projects and Ownership 19 Monjolos DIAMANTINA Serra Serrado do Brazil Ponte Ponte de de Bicho Bicho Pedra Pedra 100% 100% 100% 100% CURVELO Guanhães Large City Conceição do Mato Dentro Minas-Rio Minas-RioProject Project Town Morro Morro do do Pilar Pilar Project Project Highway Ferros Ferros 100% 10
Slide 20: Ponte de Pedra Mn Project
Ponte de Pedra Mn Project 20 High Grade Manganese Opportunity • Potentially High Grade (up to 48% Mn) • 20 kms from Independently operated railway running to 2 major ports • Drilling campaign commenced • Aim to quickly define >10MT • Building substantial ground package around current tenements 20
Slide 21: Ponte de Pedra Mn Project
Ponte de Pedra Mn Project 21 21
Slide 22: 12 Month Growth Plan
12 Month Growth Plan 22 Iron • Production from Liberdade • Agreement with key off-take partners • Itambe –Targeting 100Mt Standalone • Target Passebem and Ferros – Feeders to Liberdade Manganese • Ponte de Pedra – Targeting 10Mt Corporate • Key local & international partners • Growing company’s pers
Slide 23: Centaurus Resources
Centaurus Resources An Emerging Iron Ore Producer Contacts: Darren Gordon ℡ +61 408129001 darren.gordon@centaurus.com.au Mark Papendieck ℡ +55 31 9244 1374 mark@centaurus.com.au Richard Hill ℡ +61 (8) 9321 6201 richard@centaurus.com.au