Admiralty Resources NL · ASX:ADY
Admiralty Resources NL — Investor Presentation (June 2009)
13 slides from Admiralty Resources NL's investor presentation, Jun 15, 2009
Slide 1: Admiralty Resources NL
Admiralty Resources NL ABN 74 010 195 972 Registered in Australia Registered Office: Level 14, 200 Queen Street Melbourne Victoria 3000 Australia Tel: +61 3 9642 8787 Fax: +61 3 8677 6949
Slide 2: Corporate Structure
CORPORATE STRUCTURE ADMIRALTY RESOURCES NL SUBSIDIARIES FIVE STAR RESOURCES FORTUNE GLOBAL INVERSIONES ADMIRALTY BULMAN RESOURCES ADY INVESTMENTS PYKE HILL RESOURCES HOLDINGS RESOURCES CHILE LIMITADA (currently inactive) SCM VALLENAR S. B. GRANELES S.A. IRON COMPANY
Slide 3: Last 6 Months in a Nutshell
LAST 6 MONTHS IN A NUTSHELL NOVEMBER 2008 JUNE 2009 Increase in company assets and gain smoothness at management level. Settlement of all legal issues. Reduction of debt: A$11.8m to Hawskwood Investments Pty Ltd’s Receivers and A$1.9m owed to private investors paid off in December 2008 D
Slide 4: Mining Plan for 2009 & Beyond
MINING PLAN FOR 2009 & BEYOND Geology and Explorations Department - Gerencia de Geología y Exploraciones
Slide 5: Vallenar Iron's Properties at a Glance
VALLENAR IRON’S PROPERTIES AT A GLANCE CHILEAN IRON ORE BELT OUR TENURE (11,000 Ha) Cerro Imán (Santa Fe) Copiapó Pampa Tololo (5,500 Ha) Manto Negro (Vechiolla) Boquerón Chañar (Hostchild, 500 mt) Los Colorados (CMP, 245 mt) Huasco Las Sosas, Huanteme, Chañar Quemado (CMP, 73 mt) Freirina Vallenar
Slide 6: Product Specification
PRODUCT SPECIFICATION The geological composition of the deposit is one of the most concentrated magnetite deposits known to exist. IRON ORE GEOLOGICAL MAKE UP (%) • Iron (Fe) 63.50 • Silica (Si02) 5.00 • Alumina (Al203 ) 1.20 • Phosphorus (P) 0.07 • Sulphur (S) 0.01 Geology and Explorations Departme
Slide 7: Japonesa Group Aeromagnetic Survey View
JAPONESA GROUP AEROMAGNETIC SURVEY VIEW Chillán Viejo Viviana JAPONESA MINE Japonesita Japonesa Mirador Primavera Pit 1 Camp Pit 2 Mariposa Plant Negrita Soberana Geology and Explorations Department - Gerencia de Geología y Exploraciones
Slide 8: Iron Mineral Resources, SRK (2007)
IRON MINERAL RESOURCES, SRK (2007) Cut-off Grade 10%, * 9% DEPOSIT INFERRED RESOURCES INDICATED RESOURCES TOTAL RESOURCES Tonnage % Tonnage % Tonnage % Japonesa * 6,434,700 16.51 41,876,400 13.87 48,311,100 14.22 Japonesita 23,187,195 23.452 39,521,222 16.87 62,708,417 19.30 Mariposa 98,098,146 17.7
Slide 9: Business Plan
BUSINESS PLAN A detailed review of Vallenar Iron’s iron deposits has been undertaken to ascertain n Chile what will it cost for the company to mine these resources. Mine cost per tonne - Rail cost per tonne - Transport - Operations Loading cost per tonne Geology and Explorations Department - Gerenci
Slide 10: Structure of the Mine Operations
STRUCTURE OF THE MINE OPERATIONS MINE OWNERSHIP 100% ADY to secure fleet leases over transport, rail equipment and ship loaders including stand-by or portable power units. LEASE Geology and Explorations Department - Gerencia de Geología y Exploraciones
Slide 11: Strategic Objectives
STRATEGIC OBJECTIVES 1. MEASURED AND INDICATED RESOURCES Japonesita, Mariposa, Primavera and Mirador • Validation check of the Geologic Model (Check and re-log of the drill holes, reinterpretation of the geologic profiles, incorporate the magnetic iron and total iron variable in the model) • Infill
Slide 12: Drilling Program Cost 2009 - 2010
DRILLING PROGRAM COST 2009 - 2010 Geology and Explorations Department - Gerencia de Geología y Exploraciones
Slide 13: FOB Price per Tonne
FOB PRICE PER TONNE Based on mining a minimum of 10 years at a conservative production rate of 2,500,000 tonnes per annum Capital Works x $1000 Cost per tonne Comments RAILWAY UPGRADE $36,175 $3.15 Rebuild every 5 years BRIDGES $600 $0.25 Annualized cost TRAIN & OFF MINE MOBILES $5.63 Annualized cos
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