Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Shareholder Meeting (November 2010)
23 slides from Centaurus Metals's shareholder meeting presentation, Nov 30, 2010
Slide 1: 2010 Annual General Meeting
2010 ANNUAL GENERAL MEETING For personal use only 30th November, 2010 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentatio
Slide 3: Brazilian Iron Ore Business
Brazilian Iron Ore Business For personal use only Centaurus Metals’ Brazilian Iron Ore focus is to: Produce from a number of Low Capex Brazilian iron ore mines selling to the Brazilian domestic steel mills Secure projects that will enable Centaurus Metals to become a significant iron ore expor
Slide 4: 2010 Key Achievements
2010 Key Achievements For personal use only Corporate Successful merger of Glengarry Resources Limited and Centaurus Resources Limited. Leading iron ore executive, Mr George Jones, appointed as Strategic Consultant $18.2 Million Capital Raising Jambreiro Iron Ore Project Project acquired
Slide 5: 2010 Key Achievements – cont'd
2010 Key Achievements – cont’d For personal use only Itambe Iron Ore Project Resource drill out completed to upgrade category of resource Expansion of Brazilian Iron Ore Portfolio Option exercised to acquire a further 16 prospective iron ore tenements from Cenibra Non Core Assets South B
Slide 6: Brazil
Brazil For personal use only Latin America’s largest economy Rapidly growing population (currently ~200 million) Predicted growth of +7% in 2011 US$830b committed to infrastructure spend Hosting FIFA World Cup in 2014 and the Olympic Games in 2016 Brazil is a Top 10 global steel producer
Slide 7: Centaurus Metals' Projects
Centaurus Metals’ Projects For personal use only 7
Slide 8: Domestic Iron Ore Business
Domestic Iron Ore Business For personal use only “Supplying Iron Ore to Brazil’s Steel Mills” 8
Slide 9: Domestic Iron Ore Business - 2011
Domestic Iron Ore Business - 2011 For personal use only Targeting production from a number of low OpEx, low CapEx mines, in close proximity to established infrastructure In 2011 Centaurus Metals main areas of focus will be: Feasibility studies at the Jambreiro Project Resource infill drillin
Slide 10: Itabirite Ore....
Itabirite Ore.... For personal use only A major source of iron ore production in Brazil… Metamorphosed iron formation composed of iron oxides with abundant quartz Iron Quadrangle itabirites typically comprise hematite Lower ROM grade than other sources of hematite (averaging 30-50% Fe) Extre
Slide 11: Domestic Production - Jambreiro
Domestic Production - Jambreiro For personal use only 11
Slide 12: Jambreiro Iron Ore Project (100%)
Jambreiro Iron Ore Project (100%) For personal use only 3,500 metre resource definition drill program completed Results show excellent depth to Jambreiro: – 98.2m @ 29.8% Fe, 3.9% Al2O3 and 0.05% P from 28m (JBR-DD-002) – 93.8m @ 31.5% Fe, 5.5% Al2O3 and 0.04% P from 9m (JBR-DD-003) – 70.0m @ 31
Slide 13: Jambreiro Resource
Jambreiro Resource For personal use only Initial Inferred resource of 77mt @ 29.5% Fe, 3.1% Al2O3 , 0.04% P Resource remains open to the South Early stage gravity beneficiation tests show friable mineralisation cost effectively upgrades to a high grade product: Fe % SiO2 % Al2O3% P% Mass Recov
Slide 14: Domestic Production - Passabem
Domestic Production - Passabem For personal use only 14
Slide 15: Passabem Iron Ore Project (100%)
Passabem Iron Ore Project (100%) For personal use only Projected to be a 1mtpa producer of high grade iron ore. 39 Mt JORC Resource. Initial test work indicates low cost beneficiation to high-grade (+66%Fe) product. Ore body extends over a strike length of 5 kilometres. Future work program
Slide 16: Domestic Production - Itambé
Domestic Production - Itambé For personal use only 16
Slide 17: Itambé Iron Ore Project (100%)
Itambé Iron Ore Project (100%) For personal use only Projected to be a minimum 500kpta producer of high grade iron ore. Initial 15.5Mt JORC Inferred Resource beneficiates cost effectively to high-grade product. Initial studies from 2009 indicate total operating cost of US$13/t with capex expec
Slide 18: Resource Summary – Domestic Projects
Resource Summary – Domestic Projects For personal use only Centaurus has assembled a strong Project and resource base in Brazil of Itabirite mineralisation that upgrades to a high grade hematite product. Project Million Tonnes Fe % SiO2 % Al2O3 % P LOI Jambreiro* 77.1 29.5 51.3 3.10 0.04 1.02 Pass
Slide 19: Iron Ore Export Business
Iron Ore Export Business For personal use only “Supplying Iron Ore to the World Market” 19
Slide 20: Iron Ore Export Business - 2011
Iron Ore Export Business - 2011 For personal use only Centaurus Metals aims to acquire or identify a project capable of producing 12-15mtpa of 64-69% Fe product for a minimum project life of 10 years, to export to world markets Commencing exploration on recently granted 100% Centaurus Metals ten
Slide 21: Export Projects
Export Projects For personal use only Minas Gerais 21
Slide 22: Summary
Summary For personal use only Highly experienced, well funded team with extensive global experience in the financing, development and operation of iron ore projects. Strong domestic project resource base with low Cap Ex requirements. Building a business to supply domestic steel mills, and in t
Slide 23: Developing a Brazilian Iron Ore Business
For personal use only Developing a Brazilian Iron Ore Business Contacts: Darren Gordon Mark Papendieck Managing Director Chief Commercial Officer (+618) 9420 4001 (+618) 9420 4003 darren.gordon@centaurus.com.au mark@centaurus.com.au
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