Brockman Mining Ltd. · HKEX:159

Brockman Mining — Melbourne Mining Club 2016

34 slides from Brockman Mining's conference presentation, Nov 15, 2016

1. Slide 1: A New Paradigm for the Pilbara

   A New Paradigm for the Pilbara Melbourne Mining Club – 15 November 2016 Hendrianto Tee – Business Development Director

2. Slide 2: Disclaimer and Notices

   Disclaimer and Notices General information and disclaimer This presentation has been prepared by and issued by Brockman Mining Limited (“Brockman” or “the Company”) for the purposes of providing background information regarding Brockman, its subsidiaries and its activities, as at the date of this pr

3. Slide 3: Disclaimer and Notices

   Disclaimer and Notices Forward looking statements This presentation may contain certain forward looking statements and projections, including without limitation, estimated resources and reserves, planned production and operating cost profiles, planned capital requirements, planned strategies and cor

4. Slide 4: Brockman Brief

   Brockman Brief Brockman is listed on SEHK (159) and  Brockman operates through two ASX (BCK) segments: 1) Iron ore mine acquisition, Capital Structure exploration and development in Ordinary shares 8.4 billion Western Australia: Share price  Marillana Iron Ore Project HKD 0.109 (4-Nov-16)  Ophtha

5. Slide 5: Brockman Pilbara Hematite Assets

   Brockman Pilbara Hematite Assets 5

6. Slide 6: A New Paradigm for the Pilbara

   A New Paradigm for the Pilbara  New price environment: successful iron ore projects in the Pilbara require new strategies with lateral thinking.  Project developments must include strategies to improve sequencing, more rigorous capital allocation and adoption of innovative logistics solutions to m

7. Slide 7: Marillana – Quality in the heart of the Pilbara

   Marillana – Quality in the heart of the Pilbara  Marillana is the largest single deposit outside of the majors and could support a 20Mtpa operation for more than 20 years.  Contains a substantial Mineral Reserve over 1.0 billion tonnes (JORC compliant).  Free dig (no drill & blast), low strip rat

8. Slide 8: Brockman strategy for Marillana’s development

   Brockman strategy for Marillana’s development  Marillana is well studied and understood with extensive beneficiation testing.  Wide and consistent orebody provides opportunities for a staged development to minimise capital and time to market.  Start with a small project at western side of the ore

9. Slide 9: Marillana Stage-1: Project Maverick

   Marillana Stage-1: Project Maverick Small, quick and capital light  Relates to a small portion of the total ore reserves of Marillana.  Open pit, simple mining with an overall strip ratio of 0.31:1 (waste/ore) during the first 7-year operation.  Proven technology for processing of the ores.  Fav

10. Slide 10: Marillana Stage 2: Project Agincourt

    Marillana Stage 2: Project Agincourt Capital light, practical technology, phased step up  Leverages Brockman’s presence in the market through Maverick.  Phased 10 + 10 Mtpa processing plants.  Reduces capital, minimises time to market and de-risks commissioning.  Logistics solution to target low

11. Slide 11: The New Paradigm for the Pilbara

    The New Paradigm for the Pilbara  Low capital  Phased development  Fit for purpose solutions  Get to market  Options for growth 11

12. Slide 12: Appendix 1: Marillana Production & Infrastructure Strategies

    APPENDIX 1 MARILLANA PRODUCTION & INFRASTRUCTURE STRATEGIES 12

13. Slide 13: Marillana Mine Site

    Marillana Mine Site  Located approximately 100km north west of the Newman township  Mine operating site is contained between tenement boundaries, Weeli Wolli Creek and BHPB railway.  Detrital resource strike length 14.5km (west to east), average width 1.5km. 13

14. Slide 14: Marillana – Key Features

    Marillana – Key Features  Located in the Pilbara region, Western Australia the hub of Australian iron ore production.  100% owned by Brockman (HKEx: 0159; ASX: BCK).  A substantial iron ore Mineral Reserve over 1.0 billion tonnes (JORC Compliant) supporting production of 20+ million tonnes per an

15. Slide 15: Marillana – Development

    Marillana – Development Brockman has completed all key planning work for Marillana, including:  a scoping study between 2007 – 2008;  preliminary feasibility study in 2009;  definitive feasibility study in 2010 (DFS);  front end engineering and design in 2011 (FEED); and  ongoing value adding s

16. Slide 16: Project Maverick

    Project Maverick  Relates to a small portion of the total ore reserves of Marillana.  Open pit, simple mining with an overall strip ratio of 0.31:1 (waste/ore) during the first 7-year operation.  Matured modules for processing of the ores.  9 months construction period.  All key State and Commo

17. Slide 17: Maverick Product

    Maverick Product Product Specification Fe (%) SiO2 (%) Al2O3 (%) P (%) LoI (%) 61.5 5.75 3.2 0.075 1.89 Product Sizing 11.2-8.0mm 8.0-2.0mm 2.0-0.8mm 19% 50% 31%  Maverick product will be coarser compared to average of whole Marillana considering some ores from Pit-1 and Pit-2 will not go through c

18. Slide 18: Maverick - Mine Layout Drawing

    Maverick - Mine Layout Drawing  A single pit (Pit-1) will be established for Maverick inside Marillana tenement.  The proposed pit has been extensively studied in the earlier definitive feasibility study (DFS) for the Marillana. The diagram to the right shows the location of the pit (in purple) su

19. Slide 19: Road Haulage to Port Hedland

    Road Haulage to Port Hedland  Marillana is located 320km from Port Hedland’s Utah Point  Brockman’s coarse iron ore fines will be transported to Utah Point using efficient Road Trains. 19

20. Slide 20: Port Hedland

    Port Hedland  Port Hedland is managed by the Pilbara Ports Authority (PPA), a Western Australia government enterprise.  PPA owns 4 of the 19 existing berths at Port Hedland with remaining berths owned by BHP, FMG and Roy Hill.  Utah Point is one of the 4 PPA berths that exports iron ore for vario

21. Slide 21: Utah Point

    Utah Point  Utah Point Bulk Handling Facility is currently under the management of PPA. It was constructed in 2010 to facilitate export of bulk products, currently iron ore and manganese.  Utah Point assets include: o 272m long berth with a harbour depth of 14.5m. o 7,500 tonnes per hour ship load

22. Slide 22: Maverick Estimated Schedule

    Maverick Estimated Schedule  September to December 2016 – Negotiation with all the contractors.  Q1 2017 - Executable commercial agreements, including: o Port agreement o The logistics services agreement for road haulage; o Mining, processing and site administration capital development and operati

23. Slide 23: Project Agincourt

    Project Agincourt  Mine plan completed for Agincourt’s 25/10 + 25/10Mtpa (detrital feed/product) for 20 years mine life.  Mining method will be conventional (free dig) using backhoe excavators and dump trucks. Life of mine strip ratio is 0.84:1.  The construction of 10 + 10 Mtpa processing plant

24. Slide 24: Project Agincourt – Infrastructure Solution

    Project Agincourt – Infrastructure Solution Rail  A fit for purpose solution that would accommodate Marillana and Opthalmia (total 30Mtpa) with a spare capacity for other third parties.  An initial study for a Ballast-less track system developed by Ausbeam Technologies (study by Engenium) complete

25. Slide 25: Brockman Rail – to Port Hedland

    Brockman Rail – to Port Hedland 25

26. Slide 26: Appendix 2: Marillana Resource and Reserve

    APPENDIX 2 MARILLANA RESOURCE AND RESERVE

27. Slide 27: Competent Person Statement

    Competent Person Statement The Mineral Resources and Ore Reserves referred to in this presentation relating to Marillana are reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2004 Edition (“JORC Code 2004”). It has not been upd

28. Slide 28: Mineral Resource Summary

    Mineral Resource Summary Beneficiation Feed Mineralisation Type JORC Resource Tonnes Grade Classification (million) (% Fe) Detrital Measured 173 41.6 Indicated 1,036 42.5 Inferred 201 40.7 Pisolite Indicated 117 47.4 Total Tonnes Measured 173 41.6 Indicated 1,154 43.0 Inferred 201 40.7 Total 1,528 4

29. Slide 29: Mineral Reserve Summary

    Mineral Reserve Summary Detrital Ore Reserve JORC Reserve Classification Tonnes Fe (million) (%) Proven 133 41.6 Probable 868 42.5 Total 1.001 42.4 29

30. Slide 30: Appendix 3: Ophthalmia Project

    APPENDIX 3 OPHTHALMIA PROJECT 30

31. Slide 31: Competent Person Statement

    Competent Person Statement In accordance with ASX Listing Rule 5.23 and the JORC Code 2012, Brockman confirms that the Mineral Resources referred to in this presentation relating to Ophthalmia were originally sourced from the final update of the Mineral Resources of the Ophthalmia project announced

32. Slide 32: Ophthalmia – DSO Operation

    Ophthalmia – DSO Operation  Located only 70 – 80 km from Marillana, providing opportunities to connect to the Marillana Project infrastructure solution.  Pre-Feasibility study currently ongoing. 32

33. Slide 33: Ophthalmia - Mineral Resource Summary

    Ophthalmia - Mineral Resource Summary JORC Tonnes Fe CaFe* SiO2 Al2O3 S P LOI Deposit Resource (million) (%) (%) (%) (%) (%) (%) (%) Classification Indicated 34.9 59.3 62.7 4.08 4.57 0.009 0.183 5.49 Kalgan Creek Inferred 24.4 59.5 63.2 4.38 3.90 0.007 0.157 5.81 Sub Total 59.3 59.4 62.9 4.21 4.29 0

34. Slide 34: Thank You

    THANK YOU

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