Slide 1: Advancing Multiple Iron Ore, Copper and Gold projects
For personal use only Advancing Multiple Iron Ore, Copper and Gold projects …from discovery drilling to ready to mine August 2013
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information For personal use only • This presentation has been prepared by Cazaly Resources Limited (“Cazaly”). It contains forecasts and forward looking statements which are no guarantee of future performance and which involve certain risks. Actual results and future outcom
Slide 3: Value Proposition
Value Proposition CAZALY RESOURCES LTD For personal use only • Parker Range Project: NPV9: A$384M*, Post-tax IRR: 129% • High Grade Cu – Mount Angelo Copper Project. Active exploration • Pilbara Iron Ore Projects • Earaheedy JV – Anglo American • Webb IOCG Project • Further exploration exposure thro
Slide 4: Halls Creek Copper Project
Halls Creek Copper Project For personal use only • Cazaly enters in a JV with 3D Resources to earn 75% in Dec 2012 • Large regional position, ~298km2, covering the base metal fertile Koongie Park Formation • CAZ has conducted four drilling campaigns: 52 RC 11 DDH holes for 6,036 metres at Mt Angelo
Slide 5: Halls Creek Copper Project – Mount Angelo Copper Deposit
Halls Creek Copper Project Mount Angelo Copper Deposit For personal use only • Outcropping Cu gossan 1st discovered in the 1960’s • Various companies have explored the target but no deep drilling prior to Cazaly • CAZ discovers important ‘Feeder zone’ at depth • Utilising world class technical exper
Slide 6: Halls Creek Copper Project – Mount Angelo Copper Deposit
Halls Creek Copper Project For personal use only Mount Angelo Copper Deposit • Mineralisation open down plunge occurs over 250m strike • FEEDER ZONE DISCOVERED. Good potential to enhance project economics • New unexpected 18m thick intercept of massive to semi-massive sulphides discovered to the eas
Slide 7: Feeder Zone Discovered
Halls Creek Copper Project FEEDER ZONE For personal use only Gossan Gossan DISCOVERED • High grade feeder zone linking into the deposit discovered from diamond drilling • Characterised by chalcopyrite bearing breccia & stringer veinlets in a sub- Oxide Zone vertical system • Results from first 3 hol
Slide 8: Regional Geophysics
Regional Geophysics Regional Geophysical Programme For personal use only • Airborne EM programme flown in March • Several anomalies defined • Ground truthing delineates coincident surface copper mineralisation • No follow up work conducted to date Mt Angelo North Cu deposit • Anomalies all lie withi
Slide 9: Halls Creek Project Summary
Halls Creek Project Summary HALLS CREEK COPPER PROJECT For personal use only • Hosts historic Mount Angelo North copper-zinc deposit & Copper Porphyry target • Recent work by Cazaly indicates potential for a much larger system than previously thought • Extensive near surface Cu-Zn-Ag mineralisation
Slide 10: Parker Range Iron Ore Project – Support/Infrastructure
Parker Range Iron Ore Project SupportrSupprt/Infrasturcture For personal use only MINISTERIAL ANNOUNCEMENT Multi-user iron ore facility for Esperance Thursday, 31 January 2013 “Transport Minister Troy Buswell has given the go-ahead for the next stage of developing a new iron ore export facility at t
Slide 11: Mount Caudan Iron Ore Deposit
Parker Range Iron Ore Project Mount Caudan Iron Ore Deposit For personal use only Mount Caudan Iron Ore Deposit • 100% owned by Cazaly 4km strike • Total current resource of 35.1Mt @ 55.9% Fe (61.4% CaFe), comprising 24.4Mt @ 56.0% Fe of Measured Resources, 7.7Mt @ 56.6% Fe of Indicated Resources an
Slide 12: Processing – Stage 1 Dry
Processing – Stage 1 For personal use only • Current designed STAGE 1 Dry Processing Route. • Ore to be initially processed through a mobile crushing and screening plant to produce a direct shipping ore (DSO) product without need for further processing to enable fast project start up while permanent
Slide 13: Processing – Stage 2 Wet
Processing – Stage 2 • Current designed STAGE 2 Wet For personal use only Processing Route. • Designed to commence in Year 2 of operations • Comprises two circuits; – a dry crushing and screening circuit and, – a wet processing circuit for beneficiation of lower grade ore • Plant utilises 4 stages o
Slide 14: Project Scope
Project Scope Scope For personal use only • Open Pit Mining: Ramping from 2mtpa to 4.2mtpa • Plant: Crushing, screening & stockpiling • Road Haul: 57km on established roads to rail • Rail Haul: On public rail to port • Other: Grid power and accommodation facilities sited 14km away at town of Marvel
Slide 15: Esperance Port Sea and Land (EPSL)
Esperance Port Sea and Land (EPSL) An Iron Ore Port For personal use only • Currently capable of exporting ~12Mtpa. Cliffs Natural Resources currently utilise ~10Mtpa for iron ore • Political support for expansion • 20Mtpa expansion planned in two stages recently announced by the State. Initially 7-
Slide 16: Parker Range Project Summary
Parker Range Project Summary For personal use only • Potential to deliver new iron ore mine in the Yilgarn of WA at PARKER RANGE • Export option via Port of Esperance, interim near term export solutions being examined • Robust project economics NPV9 A$384M, IRR 129% • Excellent infrastructure Roads,
Slide 17: Pilbara Iron Ore
Pilbara Iron Ore • Numerous projects in world For personal use only class province • Strategic land positions • Proven iron ore occurrences • Hamersley project vended out to Winmar Resources
Slide 18: Pilbara Iron Ore – Hamersley Project Winmar JV
Pilbara Iron Ore – Hamersley Project Winmar JV For personal use only (WFE: 51%, CAZ: 49%) FMG Solomon Mining Hub 3,118Mt @ 56.5% Fe • Winmar Resources Ltd (WFE) earnt 51% via expenditure of $6M • Located in Central Pilbara region of WA HAMERSLEY PROJECT 343Mt @ 54.5% Fe • Adjacent to FMG’s Solomon p
Slide 19: Earaheedy Joint Ventures - WA
Earaheedy Joint Ventures - WA Potential Major New Iron Ore Province For personal use only WESTERN Earaheedy JV EASTERN Earaheedy Anglo JV Cecil Rhodes EARAHEEDY BASIN PROJECT TENURE Parker Range • Anglo American Farms-Into joint Cazaly/Vector Resources Earaheedy East Project • Anglo to earn 75% via
Slide 20: Earaheedy Projects - WA
Earaheedy Projects - WA Anglo JV – Earaheedy East For personal use only • Prospective for large scale iron ore deposits • Maiden drilling program identified significant mineralisation at the Cecil Rhodes Prospect. Intersections include: 22m @ 58.1% Fe, 22m @ 57.8% Fe 26m @ 55.1% Fe • Initial work by
Slide 21: Webb IOCG Project - WA
Webb IOCG Project - WA For personal use only Webb IOCG Project WEBB Project Regional Magnetics • Prospective for large scale Iron Oxide Copper Gold deposits akin to TORO ENERGY’s Olympic Dam IOCG Discovery 2011 • Regionally highly prospective based CORAZON Mining’s Top UP Rise IOCG upon GSWA and Geo
Slide 22: Huckitta IOCG Project – Northern Territory
Huckitta IOCG Project – Northern Territory Mithril Resources Limited JV Sammy JV For personal use only • Mithril earned 80%. Now CAZ contributing • Greenfields exploration in an emerging province • Coincident gold, copper, gravity & IP anomalies → Iron Oxide Copper-Gold (IOCG) targets Illogwa IOCG T
Slide 23: Cazaly Corporate Summary
Cazaly Corporate Summary Advanced Projects, Cohesive Business Model For personal use only • PARKER RANGE: Potential to deliver new iron ore mine in the Yilgarn of WA 5Mt/yr Capacity Reservation Deed at Esperance Port, economically robust, political will • HALLS CREEK COPPER: New copper-zinc discover
Slide 24: Thank you
Thank you For personal use only Diamond drilling, Mt Angelo North Copper deposit, August 2013 Level 2, 38 Richardson Street, West Perth, Western Australia, 6005. PO Box 396, West Perth, Western Australia, 6872 Phone: +61 8 9322 6283 Fax: +61 8 9322 6398 email: admin@cazalyresources.com.au ACN 101 04