Czr Resources Ltd · ASX:CZR
Czr Resources — Investor Presentation (May 2022)
19 slides from Czr Resources's investor presentation, May 11, 2022
Slide 1: Investor Presentation: A Leveraged Investment Opportunity
Investor Presentation A Leveraged Investment 11 May 2022 Opportunity www.czrresources.com 1
Slide 2: Introduction to CZR Resources
Introduction to CZR Resources Major shareholder Five projects - all in joint-venture with the Creasy Group companies alignment Strategic All projects strategically located, proximal to infrastructure and commodities cover prospective geology with established iron ore and gold and location endowment
Slide 3: A Leveraged Investment Opportunity
A Leveraged Investment Opportunity Advanced Development Investment Proposition • Robe Mesa PFS (2020) forecast production of 2Mtpa • Robe Mesa is surrounded by Rio Tinto’s 30Mtpa from Reserves of 8.2Mt Robe Valley iron ore mines • 2021 drilling intersected extensive DSO mineralisation • Tight share
Slide 4: Directors & Management
Directors & Management • Mr Clark holds a Bachelor of Science (Hons) in Mineral Resources Engineering from the Royal School of Mines and has more than 40 Russell Clark years’ global experience in board, senior corporate, operational and project development roles Non-Executive • Mr Clark’s previous p
Slide 5: Corporate Overview
Corporate Overview Capital Structure (ASX:CZR) Share Price Performance Current Shares On Issue (m) 3,486m 2.0 120 Millions Unlisted Options (m) 435m 1.8 Market Capitalisation @ 1.2cps (A$m) $42m 1.6 100 Cash (31 March 2022) (A$m) $4.4m 1.4 80 Debt (A$m) Nil 1.2 1.0 60 Major Shareholders 0.8 40 Creas
Slide 6: Yarraloola Iron Ore Project (85%) – Regional Location
Yarraloola Iron Ore Project (85%) – Regional Location Primary asset is the Robe Mesa deposit, which sits within the Robe Valley Channel Iron Deposits (Robe Valley CID) Peters Creek The Robe River JV (Rio Tinto 53%, Mitsui 33%, Nippon Steel 14%) has been mining Robe Valley CID since the 1970s R
Slide 7: Robe Mesa – Growth Strategy
Robe Mesa – Growth Strategy CZR commenced a DFS on Robe Mesa in 2021, building off the positive Pre-feasibility Study (PFS) completed in December 2020 Recently completed 164 infill drill hole program Assays show extensive DSO outside of the 2020 PFS mine plan and extending south into Rio Tinto
Slide 8: Robe Mesa – Deposit Highlights
Robe Mesa – Deposit Highlights Very shallow DSO mineralisation, within 60m of surface at a low strip ratio of less than 1:1 All mineralisation is above water table, removing risks associated with dewatering pits and mining below the water table Simple drill-blast, truck-shovel mining operation
Slide 9: Robe Mesa – A well known iron ore product
Robe Mesa – A well known iron ore product The Robe Mesa deposit represents the northern extension of Rio Tinto’s Mesa F deposit and exhibits similar iron ore characteristics Significant intercepts from the 2021 drill program averaged1 55.6% Fe (62.3% Fe calcined), 6.3% SiO2, 2.9% Al2O3 and 0.03%
Slide 10: Robe Mesa – DFS Activities
Robe Mesa – DFS Activities Exploration camp expanded to accommodate drilling and study teams Diamond drill pads completed ahead of metallurgical test work program in June quarter 2022 Archaeological survey completed with Traditional Owners, focusing on site access and the untested northern ext
Slide 11: Yarraloola – Growth Targets
Yarraloola – Growth Targets In addition to Robe Mesa, CZR has CID resources at P529 and a large prospect at Peters Creek The P529 deposit has a resource of 4.2Mt at 53% Fe (50% Fe cut-off), including intersections of: • 13m at 56.8% Fe from 27m (YAR211) • 12m at 55.6% Fe from 26m (YAR210) At t
Slide 12: Croydon Gold Project (70%)
Croydon Gold Project (70%) CZR has a 70% interest in the Croydon project, located 75km from DeGrey’s Hemi discovery and covers 40km of the regional shear-zone Soil sample geochemistry has delineated gold and pathfinder anomalies Recent RC and diamond drilling intersected primary gold mineralis
Slide 13: Buddadoo Copper-Gold Project (85%)
Buddadoo Copper-Gold Project (85%) Buddadoo is located 200km east of Geraldton, with sealed road and rail links close to the project The project is along strike from the 1Moz high-grade Deflector Gold Mine and only 40km west of the Golden Grove copper- gold (VMS) mine First-pass RC drilling in
Slide 14: Yarrie Iron Ore Project (70%)
Yarrie Iron Ore Project (70%) The Yarrie project is located 200km east of Port Hedland and surrounded by the BHP-owned Yarrie mining operations BHP has mined numerous high-grade (+64%Fe) deposits along a 35km strike length The CZR tenure covers 20km of underexplored and prospective geology, ex
Slide 15: Shepherds Well (70%)
Shepherds Well (70%) Shepherd’s Well is located 60km south-west of Karratha The project is prospective for gold and base metals CZR completed a moving loop EM survey at the Dorper prospect, targeting anomalous nickel and PGE in soil and rock chip samples The survey identified a NE-SW oriente
Slide 16: Robe Mesa JORC Resource - Reserve
Robe Mesa JORC Resource - Reserve Robe Mesa JORC 2012 Ore Reserve reported above a cut-off grade of 55% Fe (CZR release to ASX; 10 December 2020) Category Mt Fe % Al2O3% P% SiO2% S% LOI% Probable 8.2 56.0 2.7 0.039 5.9 0.020 10.9 Robe Mesa + 55% Fe cut-off grade JORC 2012 Mineral Resource estimate (
Slide 17: Disclaimer
Disclaimer This Presentation has been prepared by CZR Resources Ltd (“CZR”). This Presentation contains general and background information about CZR’s activities current as at the date of the Presentation and should not be considered to be comprehensive or to comprise all the information that an inv
Slide 18: Forward Looking Statement
Forward Looking Statement This Presentation contains “forward-looking statements” and “forward-looking information”, including statements and forecasts which include without limitation, expectations regarding the financial position of CZR, financial performance and other trend projections, the timin
Slide 19: Contacts
Contacts Stefan Murphy Managing Director stefan.murphy@czrresources.com +61 8 9468 2050 19