Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Hemisphere Resources — Investor Presentation (May 2011)
23 slides from Nexus Minerals's investor presentation, May 2011
Slide 1: Hemisphere Resources Limited Investor Presentation – May 2011
Hemisphere Resources Limited Investor Presentation – May 2011 www.hemisphereresources.com.au May2011 ASX:HEM
Slide 2: Disclaimer and Competent Person’s Statement
Disclaimer and Competent Person’s Statement ● The information contained in this presentation is for informational purposes only, containing forward looking statements and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in
Slide 3: Corporate
Corporate Shares 70 million Mr Paul Boyatzis Chairman Options Nil Over 25 years experience in the investment and equity markets. Founding Chairman of Market Cap (6 May 2011) $20 million Hemisphere Cash (31 March 2010) $10.3 million Mr Danny Costick Managing Director Investment (Aruma Resources) 40 m
Slide 4: Strategy and Objectives
Strategy and Objectives • Advance from Junior Explorer to Iron Producer to grow shareholder value • Initiate DSO Iron Ore Production from 2013 • Grow Iron Resources from current portfolio to expand production • Acquire further quality Iron projects to expand the business www.hemisphereresources.com.
Slide 5: Targeted Production Profile
Targeted Production Profile • Initial Production Target of 0.5 – 1 Million tonnes per annum • Target Pre Production Capex of < $35 Million • Target Initial cash surplus of $25 – 50 per tonne • Target building internal revenues when in production • Expand production through growth www.hemisphereresou
Slide 6: Projects
Projects Mt Goldsworthy (iron) 5km north of Mt Goldsworthy Mine Yandicoogina South (iron) Gardner Range 6km south of Yandicoogina (uranium and REE) Mine Hancock Range (iron) WESTERN Sandstone AUSTRALIA 16km NE of (uranium and base BHPB Mining Area C metals) Mt Tinstone (iron) 5km E of Wodgina 100km
Slide 7: Central Pilbara Iron Projects
Central Pilbara Iron Projects www.hemisphereresources.com.au May 2011 ASX:HEM
Slide 8: Close Proximity to Major Mines
Close Proximity to Major Mines ● 50 km² of Tenements ● Border Major Mines ● Target is DSO CID; Hematite and potentially Magnetite www.hemisphereresources.com.au May 2011 ASX:HEM
Slide 9: Yandicoogina South Iron Project
Yandicoogina South Iron Project • Borders Australia’s largest iron ore mine (Rio Tinto) • 20 km from Brockman developing project • High Grade Iron from surface • Low stripping ratio • Metallurgical sighter test work shows ‘world-class’ DSO capacity with low impurities • Maiden Resource Published • M
Slide 10: Metallurgical Test Work
Metallurgical Test Work Diamond Core analysis demonstrates favourable metallurgical characteristics, including: • DSO quality with low impurities • Part of the resource meets criteria to be high grade CID without beneficiation • Crushing Work Index supports Low cost sizing potential • Upgrading char
Slide 11: High grade outcropping Bedded Iron
High grade outcropping Bedded Iron • Within Weeli Wolli Formation, High Grade outcropping Bedded Iron identified • All rock chips assayed and reported • Grades up to 66%Fe 1.8%SiO2, 1.2%Al2O3 and 0.05%P • Outcrop is within Mining Lease Application Rock Easting Northing Fe SiO2 Al2O3 P LOI Chip ID GD
Slide 12: Hancock Range Iron Project
Hancock Range Iron Project • 15km north east of Initial drilling area BHPB MAC and 5km June 2011 drilling area north of Hope Downs • Outcropping ferruginised BIF • Surface enrichment on structure • Target is microplaty Hematite • Maiden drilling completed • Further drilling to be conducted after her
Slide 13: Hancock Range Geology
Hancock Range Geology • Target Brockman Iron Formation Confirmed; 10km length and over Initial drilling area 400m thick • Dolerite Dyke interpreted • Joffre Member identified www.hemisphereresources.com.au May 2011 ASX:HEM
Slide 14: Assays for 120mm long Core Samples at 10m Intervals
Assays for 120mm long Core Samples at 10m Intervals Stratigraphic LOI 950 Hole ID Lat Long Rock Unit Depth From Thickness Fe % SiO2 % Al2O3 % P% % HRDD001 22.860 119.124 Joffre J6 to J4 50 m 190 metres 31.0 47.15 0.65 0.097 2.5 HRDD001 22.860 119.124 Joffre J2 to J1 300 m 60 metres 28.7 44.54 1.15 0
Slide 15: Northern Pilbara Iron Projects
Northern Pilbara Iron Projects • Mt Goldsworthy Project 5km north east of Historic Mount Goldsworthy Mine, 100km east of Port Hedland • Third party railway on south boundary of Tenement • Access via Great Northern Highway • Mt Tinstone Project 5 km east of Wodgina, strategically located 100km south
Slide 16: Mt Goldsworthy Favourable Geology
Mt Goldsworthy Favourable Geology • Nimingarra BIF Present • Potential 8km strike length • Other mines in Nimingarra include Shay Gap, Yarri and Nimingarra • Tenement area 56km² www.hemisphereresources.com.au May 2011 ASX:HEM
Slide 17: Initial Exploration Target
Initial Exploration Target • Exploration to commence Initial Target in 2011 at Mt Goldsworthy • Potential access to Rail if commercial agreement can be met www.hemisphereresources.com.au May 2011 ASX:HEM
Slide 18: Hemisphere Uranium Projects
Hemisphere Uranium Projects • Uranium Deposit Types Hematite Breccia Deposits (e.g. Olympic Dam) • Unconformity (Vein) Deposits (e.g. Jabiluka, Ranger) • Sandstone (Roll-Front) Deposits (e.g. Beverley, Four Mile) • Surficial (Calcrete-Carnotite) Deposits (e.g. Yeelirrie, Lake Maitland, Centipede)
Slide 19: Sandstone Project
Sandstone Project Prospective for Calcrete (Carnotite) Type Uranium Deposits Yeelirrie • Favourable geology • Well defined catchments Hemisphere Lake Noondie confirmed tenements • Radiometrics support uranium • Uranium anomalies demonstrated by MMI • Drill Plans being prepared www.hemisphereresource
Slide 20: Gardner Range Area
Gardner Range Area Prospective for Unconformity Type Uranium Deposits Don Uranium Project (Manhattan, Northern Uranium and Areva) up to 1.5% U + Au + REE E80/4300 100% Hemisphere Rock Chips to 260ppm U ELA 80/4403 100% Hemisphere Coyote Gold Mine ELA 80/4402 100% Hemisphere E80/4299 100% Hemisphere
Slide 21: Summary
Summary • Strong project portfolio and current focus on advancing commercialisation of Pilbara iron-ore assets • Rapid advancement of Yandicoogina South Project targeting production first quarter 2013: • Maiden Resource • Met tests confirm world-class DSO capacity • Mining lease application submitte
Slide 22: Closing Remarks
Closing Remarks • Achievements since listing Secured excellent lease portfolio Successful gold exploration Successful iron exploration Maiden Iron Resource established Mining Studies in progress • Plan for Year Ahead Mining studies Yandicoogina South Iron project Offtake scenarios to b
Slide 23: Hemisphere Resources Limited
Hemisphere Resources Limited 24 Colin St PO Box 2803 T: +61 8 9481 1749 West Perth WA 6005 West Perth WA 6872 F: +61 8 9481 1756 www.hemisphereresources.com.au May2011 ASX:HEM
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