Slide 1: Cazaly Resources Limited - AMEC Presentation September 2008
CAZALY RESOURCES LIMITED For personal use only AMEC PRESENTATION SEPTEMBER 2008 RIGHT COMMODITIES WORLD CLASS PROVINCE IRON ORE PILBARA GOLD KALGOORLIE NICKEL KAMBALDA Level 1 22 Oxford Close, West Leederville, Western Australia Ph: (08) 9380 4600 Email: admin@cazalyresources.com.au PO Box 396 West
Slide 2: Capital Structure / Valuation Matrix
CAPITAL STRUCTURE / VALUATION MATRIX For personal use only MARKET Asset Asset Value Class CAPITALISATION Cash $2.8M Fully Paid Shares 61M Listed Securities $4.2M Market Cap @$0.20 $15.25M Parker Range – 80% – Peer Average / t Fe ?? Market Cap@ $0.50 $30.5M Pilbara Iron Ore – Exploration Upside ?? Ma
Slide 3: Substantial Pilbara Iron Ore Projects
CAZALY RESOURCES Limited For personal use only SUBSTANTIAL PILBARA IRON ORE PROJECTS Drilling commencing on Hamersley Project Sept/Oct 2008 Historic intercepts up to 62% Fe Great infrastructure – projects adjacent to FMG’s massive Serenity and Solomon resources PARKER RANGE IRON ORE PROJECT GROWING
Slide 4: Pilbara Iron Ore - Hamersley Iron Province
PILBARA IRON ORE PROJECTS For personal use only HAMERSLEY IRON PROVINCE ∃∃ Mesa Mesa JJ Previous drilling Rockchips up Previous drilling identified identified alluvials to 61.3% Fe enriched banded iron Rockchips up to a depth of 116m 18m @ 55.3% Fe, to 64% Fe eoh 2m @ 60.6% Fe MT BROCKMAN MT BROCKMA
Slide 5: Pilbara - Hamersley Project
PILBARA IRON ORE PROJECT For personal use only HAMERSLEY PROJECT -Potential for both CID and Bedded Iron Deposits -Historic intercepts from only hole up to 62%Fe -Great infrastructure – adjacent to FMG planned rail -Drilling commencing Sept/Oct 2008. Approvals granted.
Slide 6: Pilbara - Mt Walkins
PILBARA IRON ORE PROJECT For personal use only 620,000 mE 625,000 mE 630,000 mE 635,000 mE 640,000 mE 645,000 mE MT. WALKINS Rockchip Results (in % Fe) 7,545,000 mN 7,545,000 mN Previous drilling includes 58 58 56 56 -Potential for Bedded Iron Deposits 18m @ 55.3% Fe 63 63 58 58 -Historic intercepts
Slide 7: Rhodes Ridge - Agreement with FMG
RHODES RIDGE IRON ORE PROJECT For personal use only CAZ REACH AGREEMENT WITH FMG – MAXIMUM CAZ PAYMENTS $1.65B -CAZ agree to transfer tenements to FMG for substantial royalty payments if case successful -Warden’s Court hearing set for 4/5th December 2008 -CAZ claim that the RRJV do not hold valid ri
Slide 8: Parker Range
PARKER RANGE IRON ORE PROJECT For personal use only CAZ EARNING 80% OF FE RIGHTS -Large tenure > 250 sq. km, 15km enriched banded iron formation discovered -First drilling targeted a 2.2 kilometre outcropping zone of mineralisation -Over 2.5km of strike drilled to date with results including 51m @ 5
Slide 9: Value Proposition Parker Range Fe
VALUE PROPOSITION PARKER RANGE FE For personal use only Source: Capital Investment Partners – Mining Book 2008
Slide 10: West Kalgoorlie Project - Regional Setting
Zuleika Shear WEST KALGOORLIE Project For personal use only Regional Setting Significant project expansion since listing. Dominant position. Kundana Global JORC compliant Resources of: Minefield 10.6Mt @ 1.8 g/t Au (612,000ozs) +7Mozs Kunanalling Shear Focused along the Kunanalling Shear, next major
Slide 11: Cazaly - The Future
CAZALY – THE FUTURE For personal use only Pilbara Iron Ore Hamersley drilling underway shortly – results Oct/Nov 2008 Mt. Walkins, Kangeenarina reconnaissance, planning underway Parker Range Iron Ore Diamond drilling underway, initial resource due Q4 2008 Infrastructure MoU’s executed Kalgoorlie Gol
Slide 12: Cazaly Resources Limited
CAZALY RESOURCES Limited For personal use only