Legacy Iron Ore Ltd · ASX:LCY
Legacy Iron Ore — Proactive Investors One2One Investor Forum, Perth (February 2012)
18 slides from Legacy Iron Ore's conference presentation, Feb 29, 2012
Slide 1: ASX Announcement: Proactive Investors Presentation
ASX Announcement An NMDC Group Company 29 February 2012 ASX Market Announcements For personal use only ASX Limited About Legacy Iron Ore Legacy Iron Ore Limited (“Legacy” or the “Company”) is a Western Australian based Via E Lodgement Exploration Company, focused on iron ore and gold exploration and
Slide 2: Proactive Investors Presentation
For personal use only Proactive Investors Presentation 29 February 2012 Local Knowledge | International Network | Quality Assets
Slide 3: Solid Fundamentals for Success
Solid Fundamentals for Success For personal use only Local Knowledge – Experienced team in developing and operating major resource projects International Network – Financial leverage of $15b market cap cornerstone investor with access to extensive funding for project development Quality Assets – Wor
Slide 4: Corporate Overview
Corporate Overview For personal use only Shares on issue (31 Jan 2012) : 579.8m Key Assets: (prior to share buy-back) Mt Bevan (Iron Ore): 60% earn-in with anticipated completion April 2012 Spread - Top 40: 81.7% Robertson Range (Manganese, Iron Ore): 100% Market Cap: $87m Hamersley (Iron Ore): 100%
Slide 5: Growth Strategy
Growth Strategy For personal use only Funding + Assets + Experience = GROWTH Rapid development of currently held key assets through secure, large- scale funding from LCY’s vertically integrated cornerstone investor Capture acquisition and JV opportunities with recently established funding capability
Slide 6: Asset Locations
Asset Locations For personal use only Iron Ore Projects Mt Bevan Robertson Range Hamersley Manganese Projects Robertson Range Gold Projects South Laverton East Kimberley Other Commodities – East Kimberley Koongie Park (base metals) Mt Bradley (REE, niobium)
Slide 7: Mt Bevan - Drilling
Mt Bevan - Drilling For personal use only Aeromagnetic image of Mt Bevan Project – showing BIF Drilling of Western BIF completed horizons as highly magnetic features The northern part (Mt Alexander) and the 20km strike Eastern BIF not yet explored
Slide 8: Mt Bevan: A Premier Resource
Mt Bevan: A Premier Resource For personal use only 100m+ thick shallow dipping magnetite slab extending for entire 10km strike JORC Inferred Resource:1.59 Bt at 30.2%Fe (25% Fe cut off) Exceptional continuity both along strike and down dip Drilling to conservative 300m depth - potential to significa
Slide 9: Mt Bevan: A Premier Resource
Mt Bevan: A Premier Resource For personal use only Mt Bevan Typical WA Grind Size 50µm→55µm 26µm→35µm Concentrate Grade 69%-70% 64%-66% Wt Recovery 44.63% 30% - 41% Work Index kWh/t 11 18 Energy kWh/t 12.08 30.3
Slide 10: Mt Bevan – Drilling Program 2012
Mt Bevan – Drilling Program 2012 For personal use only 8,000m Drilling Program (Q1 – Q2 2012): Convert area from Inferred to Indicated JORC status - 6,800m Explore Hematite Targets at Mt Alexander and Western BIF – 1,380m Drilling (H2 2012): Convert areas from Indicated to Measured JORC status Defin
Slide 11: 2012 Focus
2012 Focus For personal use only Deliver Scoping Study (Q2 - Q3 2012) Commence Bankable Feasibility Study (Q3 2012) Deliver Development Studies (Q3 2012): Energy (gas supply)/Hydrology/Heritage/Native title/Flora/Fauna/EIS Rail and Port – Negotiate participation and allocations
Slide 12: Mt Bevan Magnetite Roadmap
Mt Bevan Magnetite Roadmap For personal use only 2012 2013 2014 2015 2016 2017 2018 2019 Resource Drilling Mine, Feasibility Studies Design, Procurement, Construction Production Process Plant Enviro, Heritage, Water Energy Studies/JV Construction Rail Port
Slide 13: Manganese - Robertson Range
Manganese - Robertson Range For personal use only Black Hill Prospect – assays to 33% manganese Recently commissioned Nicholson Downs IPSurvey reveals major anomaly to be drill tested manganese mine – 30 km to north along strike 1200m RC drill program to commence mid 2012 from Legacy tenement
Slide 14: Gold - South Laverton
Gold - South Laverton For personal use only Mount Celia Along strike to south of world class Sunrise Dam and Wallaby gold mines (8 Moz gold each) Blue Peter Good widths/grade Visible coarse gold All zones open at depth, and in most cases along strike Maiden drilling completed (4m @ 12g/t Au, 5m@8.3
Slide 15: Key Points
Key Points For personal use only DEVELOPING Australia’s premier magnetite deposit, Mt Bevan FUNDING: Security from strategic cornerstone investor ASSETS: Expanding and diverse pipeline of projects ACTIVITY: Aggressive drilling, development and acquisition programs Seeking acquisitions in coal, iron
Slide 16: Forward Looking Statement
Forward Looking Statement For personal use only This document or presentation may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Legacy Iron Ore Limited’s planned exploration program and other statements that are not historical f
Slide 17: Supporting Statement
Supporting Statement For personal use only Legacy Iron Ore Limited 2012 Legacy Iron Ore Limited does not make any representations or warranties of any kind, whether expressed or implied, regarding this presentation, including without limitation, any warranty regarding the accuracy, reliability and c
Slide 18: Thank You
For personal use only Thank You Level 5, Citibank House 37 St Georges Terrace PERTH WA 6000 Tel +61 (8) 9421 2005 Email info@legacyiron.com.au Web www.legacyiron.com.au Local Knowledge | International Network | Quality Assets
Legacy Iron Ore — Proactive Investors One2One Investor Forum, Perth (February 2012) on 6ix