Igo Limited · ASX:IGO
Igo — Independence Group NL — Investor Presentation (December 2004)
10 slides from Igo's investor presentation, Dec 1, 2004
Slide 1: Presentation to UK Investors
1 December 2004 Australian Stock Exchange Limited Company Announcements NO. OF PAGES : (10) Level 10, 20 Bond Street SYDNEY NSW 2000 PRESENTATION TO UK INVESTORS Independence Group NL is currently making the attached presentation regarding its recent investment in Matrix Metals Limited to UK investo
Slide 2: Matrix Metals Limited Overview
INDEPENDENCE GROUP NL Matrix Metals Limited Overview December 2004
Slide 3: Matrix Metals Limited
MATRIX METALS LIMITED Independence Group is now the largest shareholder (19.96%). Near-term, low-cost Australian oxide copper producer. Copper oxides
Slide 4: Matrix Metals Limited - A Snapshot
MATRIX METALS LIMITED - A SNAPSHOT Listed on the Australian Stock Exchange ASX code – MRX. Ordinary shares 541.14M Unlisted Options 44.32M IGO largest shareholder 108M (19.96%) Average price paid 11c MRX cash as at 30.9.04 A$18M Market Cap as at 26.11.04 A$62.2M (undiluted) (quoted at 11.5c)
Slide 5: Matrix Metals Queensland Projects Location
MATRIX METALS QUEENSLAND PROJECTS LOCATION
Slide 6: Matrix Metals Limited
MATRIX METALS LIMITED Growing oxide copper producer with good operating record. Initial plan for 15,000t copper cathode (99.99% Cu) pa for 6 - 8 years, and with 2nd nd mine this increases to 30,000t Cu pa over a similar time frame. Current oxide resources: 21 Mt @ 1.1% Cu (230,000t Cu). Low strip ra
Slide 7: Matrix Metals Project Locations & Resources
MATRIX METALS PROJECT LOCATIONS & RESOURCES Mt Watson: 8.3 Mt @ 1.0% Cu. 2nd nd deposit to be developed at a rate of 15,000t Cu pa. Mt Cuthbert Operation: SX/EW plant to be moved to White Range. White Range: 12.4 Mt @ 1.1% Cu. 1stst deposit to be developed at a rate of 15,000t Cu pa. Gold potential.
Slide 8: Mt Cuthbert SX/EW Plant
MT CUTHBERT SX/EW PLANT Proven dump leach SX/EW in-house expertise. Mt Cuthbert plant moving to White Range.
Slide 9: Potential for New Copper Oxide Deposits
POTENTIAL FOR NEW COPPER OXIDE DEPOSITS Other copper oxide prospects : Mt Earl Prospect 16m @ 1.62% Cu 20m @ 1.22% Cu 14m @ 1.24% Cu 16m @ 1.17% Cu 16m @ 1.46% Cu Toby Barty Prospect 14m @ 1.0%Cu Copper Canyon Prospect 10m @ 0.9% Cu Desolation Prospect 9m @ 1.3% Cu Other untested copper oxide prospe
Slide 10: Primary Copper Sulphide Potential
PRIMARY COPPER SULPHIDE POTENTIAL Potential for economic primary copper sulphide ore bodies beneath surface oxide deposits. Mt Watson drill hole example: MWRCD 130: 38m @ 2.18% Cu (including 20m @ 3.03% Cu) Copper sulphides
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