WA Gold Limited · ASX:WAU

WA Gold — Brazilian Metals Group — Shareholder Meeting (November 2011)

15 slides from WA Gold's shareholder meeting presentation, Nov 28, 2011

  1. Slide 1: Brazilian Metals Group Limited – AGM Presentation announcement

    Brazilian Metals Group Limited ACN 107 118 678 28 November 2011 The Listing Manager Australian Stock Exchange Ltd Exchange Plaza 2 The Esplanade PERTH WA 6000 Brazilian Metals Group Limited (“the Company”) – AGM Presentation Brazilian Metals Group Limited (ASX:BMG)is pleased to announce the attached

  2. Slide 2: Brazilian Metals Group Company Presentation

    Brazilian Metals Group Company Presentation BMG November 2011 ASX: BMG

  3. Slide 3: Disclaimers

    DISCLAIMERS Exploration Results and Mineral Resources The information in this report that relates to Exploration Results, Exploration Targets, Mineral Resources or Ore Reserves is based on information compiled by Malcolm Castle, who is a Member of the Australasian Institute of Mining and Metallurgy

  4. Slide 4: Brazil Overview

    BRAZIL OVERVIEW  World class iron ore province in Northern Minas Gerais  Major global investments in RIO PARDO PROJECT Brazil: BHP, Vale, CSN, MMX, Minas Gerais, BRAZIL Ferrous, ENRC, Honbridge  Sustainable economic growth 4.5 - 5% pa  Stable political system, secure tenure, low sovereign risk 

  5. Slide 5: BMG – Overview

    BMG – OVERVIEW  Strategic intent to develop a 25mt pa premium product operation for export markets with a 20+ year mine life  Strategic presence in an emerging world class iron ore province  Regional iron ore acquisitions >US$2b in the last 18 months  Exploration target* of 2.5 to 3.5bt at 16% t

  6. Slide 6: BMG Projects

    BMG PROJECTS  Province has potential • Aeromagnetic image of central iron ore region of 20 – 40bt at 16% to 25% Fe Rio Pardo 2-3bt  Significant large scale deposits  Major global resource companies in the region  All known deposits are Vale Deposit 3.5bt associated with A’mag trends  Jiboia Hon

  7. Slide 7: Gema Verde Deposit

    GEMA VERDE DEPOSIT  Maiden Mineral Resource of 458.5mt Honbridge  Measured – 230mt Block 8  Indicated – 166.5mt  Inferred – 62mt Gema Verde  Contiguous with Honbridge’s Block 8 (2.6bt) .  Further potential exists to the west and down dip from Block 8  Low Strip Ratio and friable ore zones in

  8. Slide 8: Rio Pardo Project

    RIO PARDO PROJECT JOSILENE – SCORPION DEPOSIT  Exploration Target* 2 to 3b tonnes at 16% to 19% Fe based on current drilling over 13km strike length with 28 RC holes to date  Mineralisation extends into the adjoining tenements  Resource estimation mid 2012  Area: 887km2 * The exploration target

  9. Slide 9: Conceptual Process Route

    CONCEPTUAL PROCESS ROUTE ROM Ore – 100%  METS undertaking metallurgical 18% Fe evaluation and process design  Coarse grained Hematite - Heavy fraction – 60% Light fraction to 27% Fe Magnetite mineralisation waste – 40% 5% Fe GRINDING GRINDIN  Siliceous rock fragments included in host rock CRUSHIN

  10. Slide 10: Australian Comparison

    AUSTRALIAN COMPARISON Pilbara Deposits, Magnetite Deposits, Rapitan Deposits Western Australia Western Australia Minas Gerais, Brazil Age Lower Proterozoic Lower Proterozoic NeoProterozoic Banded Iron Formation Banded Iron Formation Glaciomarine Sediments Geological Tertiary Weathering - insitu Low

  11. Slide 11: Brazil Rail Infrastructure

    BRAZIL RAIL INFRASTRUSTURE  Rail Ilheus to Caetité BELÉM will be completed in EF 151 2012/13 EF 334  State owned open BOQUEIRÃO DA ESPERANÇA access or shared usage FIGUEIRÓPOLIS  Project spur line 160km CAETITÉ ILHÉUS to Caetité Rio Pardo  Ilheus free access port PORTO MURTINHO capacity initiall

  12. Slide 12: Port Infrastructure

    PORT INFRASTRUCTURE Proposed Public Port facility  Location: 25km north of the city of Ilhéus, Bahia  Port total area of 18km2  Natural water depth at 19m; port construction favourable for cape size vessels  Construction by Bahia government; private consortiums considering dedicated facilities 

  13. Slide 13: Recent M&A Activity

    RECENT M&A ACTIVITY  Anglo American purchase of Minas Rio for US$5.5b in 2007/8  Ferrous Resources acquired exploration tenements for US$600m in 2007/8. Current valuation approximately US$3b  Steel do Brasil acquired 80% of MIBA (Jiboia) for US$190m (US$240m 100%) in March 2010  Honbridge (HK li

  14. Slide 14: BMG Investment Opportunity

    BMG INVESTMENT OPPORTUNITY  Opportunity for ground floor investment into multi billion tonne iron ore project in world class province  Projected product capacity of 400 to 500mt of pellet feed concentrate at 67% Fe  Brazilian OPEX significantly lower than Australian producers  Open access rail a

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