AustSino Resources Group Limited
AustSino Resources — Padbury Mining — Investor Presentation (April 2011)
26 slides from AustSino Resources's investor presentation, Apr 11, 2011
Slide 1: Investor Presentation April 2011
For personal use only Investor Presentation April 2011
Slide 2: Disclaimer
Disclaimer For personal use only • This document contains general information about the activities of Padbury Mining Ltd („Padbury” or the “Company”) current as at the date of this presentation. It is information in a summary form only and does not contain all the information necessary to fully eval
Slide 3: For personal use only
For personal use only 4/11/2011 3
Slide 4: Corporate Information
For personal use only Corporate Information • ASX code: PDY • Issued capital: – shares: 1.58B – Options 1.82B • Market Cap $38.12M (as at 4 April 2011) • Debt: Nil • Top 20 shareholders 28.3% (held as at 4 April 2011) • Stakes in ASX listed Companies: – Aurium 35M shares • Board: – Dr John Saunders
Slide 5: Location
For personal use only 4/11/2011 Location 5
Slide 6: Impacts of Current Economic Cycle
For personal use only Impacts of Current Economic Cycle • Big economies underpinned by resources~4% growth (Canada, Russia, Australia; Brazil; South Africa ~10% of world GDP, 440M people) • Third Wave of SE Asian economies~6% growth (First wave, China; Second wave India – Malaysia, Indonesia, Sri La
Slide 7: China's 12th Five Year Plan
For personal use only China’s 12th Five Year Plan • China plans to: – Build up to 10 million low income housing units in 2011, up 72.4% – Invest around $106 billion in railroad construction projects in 2011 – Build 20 million new motor vehicles • Urbanisation will continue to grow especially in the
Slide 8: Iron Ore Demand
For personal use only Iron Ore Demand • Iron ore demand over next four years to equal volumes provided by Australian suppliers to date” (Albanese, RioTinto CEO) • Price for concentrate product around US$150/tonne • 80% of iron ore used in US steel mills – magnetite • Magnetite sold as concentrate at
Slide 9: Padbury Overview
For personal use only Padbury Overview • Leading emerging iron ore junior with significant project in mid-west region of Western Australia • JORC Resource of 850Mt @ 27.3% Fe • Focus – creation of shareholder wealth • Flagship Peak Hill JV project has the potential to rival the significant deposits
Slide 10: Peak Hill Iron Ore JV
For personal use only Peak Hill Iron Ore JV • JV between Padbury and Aurium • Detailed mapping of Mt Padbury completed December 2010, hematite targets for drilling 2Q2011 • Further drilling on Telecom Hill to increase volume and JORC categorisation • Strong vision for the project - regionally signif
Slide 11: Geology
For personal use only Geology • Exploration target¹ of 3.5-5Bt grading 25-35% Fe in 3 areas within tenements • Best preliminary Davis Tube Recovery test work demonstrated mineralisation grading 30% Fe was upgraded to 67.7% Fe at grind size of 38 micron with mass recovery of 21.5% to concentrate. • S
Slide 12: For personal use only
For personal use only 4/11/2011 12
Slide 13: Regional Magnetics
For personal use only Regional Magnetics Fortnum Telecom Hill Mount Padbury 4/11/2011 13
Slide 14: December 2010 Magnetite Drill Results – Largest Intercepts
For personal use only December 2010 Magnetite Drill Results – Largest Intercepts From To Intercept Fe% (m) (m) (m) HRC61 0 198 198 34.2 HRC64 0 198 198 31.2 HRC65 0 176 176 31.4 HRC62 28 153 125 34.3 HRC70 24 172 148 30.7 HRC63 0 96 96 33.7 4/11/2011 14
Slide 15: Drill Collar Locations
For personal use only Drill Collar Locations 4/11/2011 15
Slide 16: Schematic Cross-section through the Western Flank target
For personal use only Schematic Cross-section through the Western Flank target 4/11/2011 16
Slide 17: Schematic Cross-section through the Western Flank target
For personal use only Schematic Cross-section through the Western Flank target 4/11/2011 17
Slide 18: Schematic Cross-section through the Western Flank
For personal use only Schematic Cross-section through the Western Flank 4/11/2011 18
Slide 19: Project Strengths
For personal use only Project Strengths • Extensive potential strike length 10 Km Robinson Range 6 Km Horseshoe formation • Oakagee port and rail expected to commence 2015 • Within 100kms of Crosslands proposed rail head • Within 100kms of Goldfields gas pipeline • Established mining camps and c
Slide 20: Magnetite Project Comparison
For personal use only Magnetite Project Comparison Company Project Market Resource Target Capitalisation Atlas Ridley $1,712M 2.5Bt@36.5% Crossland Jack Hills n/a 991Mt@34.1% 3Bt Resources Gindalbie Karara $1,037M 2.5Bt@35.9% Grange Southdown $853M 650Mt@36.5% Resources Padbury Peak Hill $38M 850Mt
Slide 21: Magnetite Project Comparison
For personal use only Magnetite Project Comparison Company Category Tonnage Fe % SiO2% Al2O3% P% LOI% Venus Metals Inferred 444 30.29 47.91 1.79 0.047 0.94 Padbury Mining Ltd Infrerred 850 27.3 46.2 3.4 0.14 6.52 Emergent Resources Inferred 561 27.5 49.9 4.1 0.1 2.51 Royal Resources Inferred 277 25.
Slide 22: Oakagee Port - Infrastructure
For personal use only Oakagee Port - Infrastructure • Port 30km north of Geraldton targeted to be operational 2015 – cape sized ships • $700M committed by State/Federal governments • Premier Barnett fully committed to project claiming it to be most important for economic development of the state ove
Slide 23: For personal use only
For personal use only 4/11/2011 23
Slide 24: Where To?
For personal use only Where To? Year One Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Review project geology. Confirm iron ore resource potential Delineate maiden resource (~500Mt Inferred) Complete a conceptual mining study Commence baseline studies (hydro, En
Slide 25: Conclusion
For personal use only Conclusion • Leading emerging iron ore junior with 850Mt JORC compliant resource in the mid-west region of Western Australia • Compelling valuation vs. peers over medium term • Flagship Peak Hill JV project has the potential to rival the significant deposits of the region • Str
Slide 26: Competent Person's Statement
For personal use only Competent Person’s Statement • The geological modelling and estimation of the Exploration Target1 for Padbury’s Peak Hill Project was completed under the overall supervision of Mr. Daniel (Stan) Wholley BAppSc,MAIG, who is a full time employee of CSA Global Pty Ltd and is a Com