Aguia Resources Limited · ASX:AGR
Aguia Resources — Newport Mining — Investor Presentation (March 2010)
23 slides from Aguia Resources's investor presentation, March 2010
Slide 1: An Emerging Phosphate Company in Brazil
For personal use only AN EMERGING PHOSPHATE COMPANY IN BRAZIL NEWPORT MINING LIMITED ASX Code: NMN March 2010
Slide 2: Company Overview
COMPANY OVERVIEW For personal use only Phosphate focus in Brazil, South America Two ppotentially y large-scale g projects p j located close to existing g infrastructure including rail, roads, water, power and ports Lucena Project has an initial exploration target of 40-50Mt @ average grade of
Slide 3: Project Locations
PROJECT LOCATIONS For personal use only Conditional agreement to acquire 2 phosphate projects – Lucena and Mata da Corda Both in excellent locations close to infrastructure and in mining friendly jurisdictions Initial land position of 83,361 h t hectares with ith additional dditi l areas ident
Slide 4: Brazil Phosphate Deposits
BRAZIL PHOSPHATE DEPOSITS For personal use only Both projects are close to: 1. Potential domestic primary p y customers 2. Major fertiliser blenders 3. Infrastructure Mata da Corda located within 150km of the 3 largest phosphate mines in Brazil
Slide 5: Lucena Project
LUCENA PROJECT For personal use only Aguia has ~ 75,000 ha along the northern sector of the Paraiba basin within the same geological setting where the Brazilian Geological Survey (CPRM ) has discovered several phosphate deposits No systematic work since the historical government program Cabede
Slide 6: Lucena Historical Drilling
LUCENA HISTORICAL DRILLING For personal use only CPRM drilled 47 holes in late 70’s early 80’s 22 drill holes within project and immediate surrounds intercepted significant phosphate mineralisation initial exploration target of 40- 50Mt @ average grade 10-14% 10 14% P205 based on compilation o
Slide 7: World Class Phosphate Basins
WORLD CLASS PHOSPHATE BASINS Project Area Lucena corresponds to a classical cretaceous For personal use only 40-50Mt @ 10-15% P2O5* sedimentary deposit like Lee Creek, North CPRM Deposits 22.3 Mt @ ~11% P2O5 Carolina and Benguerir, Morocco Thickness: 2m Miriri Olinda, Alhandra and Miriri sub-bas
Slide 8: Mata da Corda Project
MATA DA CORDA PROJECT For personal use only Region initially explored by CPRM in late 60’s 60 s early 70’s 70 s Identified seven small deposits close to project, since mined as quarries No systematic work since In August 2008 Aguia staked claims totalling ~10,000 ha, including several phosph
Slide 9: Mata da Corda Infrastructure
MATA DA CORDA INFRASTRUCTURE Located within 150km of the three largest phosphate mines in Brazil and near 32 major For personal use only bulk blenders Excellent infrastructure infrastructure, roads roads, power power, water 250km west of Belo Horizonte, State capital and Newport Operations off
Slide 10: Mata da Corda Exploration
MATA DA CORDA EXPLORATION For personal use only Phosphate Occurrences Within Aguia Claims Historical rock chip results of p to 23.2% P205 up S Sample l UTM E UTM_E UTM N UTM_N P2O5 (%) 1 425,680 7,877,028 12.90 Outcropping mineralisation 2 422,704 7,877,142 7.10 y for drill testing Ready g 3 4
Slide 11: Corporate
CORPORATE For personal use only Pre-Transaction Post-Transaction Ordinary Shares (ASX: NMN) 32.8M 52.8M Market cap (diluted @ $0.25) $8.2M $13.2M Unlisted Options ### 6.8M 8.8M ### Cash (@ 31 Dec 2009) ### $3.8M $5.3M ### Major Shareholders: ### • Directors & Associates 12.5% • Other Top 4
Slide 12: Executives
EXECUTIVES For personal use only Simon Taylor – Managing Director Founding Director of Newport and geologist with 18 years exploration, development and operational experience in the resources sector. Most recently a resource analyst with a major focus on the phosphate sector. Dr. Fernando Tallaric
Slide 13: Disclaimer
DISCLAIMER For personal use only This document has been prepared as a summary only, and does not contain all information about the Company’s assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to the Company’s securities.
Slide 14: Appendices
For personal use only APPENDICES
Slide 15: Commercial Terms of Acquisition
COMMERCIAL TERMS OF ACQUISITION For personal use only • Acquisition of projects will occur by Newport acquiring 100% of Aguia Metais Ltda. Aguia is a 100% owned subsidiary of Falcon Metais Ltda, a private company held within the Forbes & Manhattan Group. • Commercial terms of the acquisition, which
Slide 16: Lucena Mineralisation Style
LUCENA MINERALISATION STYLE For personal use only Phosphorite is a variety of sedimentary rock composed of 10% phosphate, usually francolite Ca5[(F,O)I(PO4,CO3)3] – that represents a fibrous apatite and fluorapatite “fibrous fluorapatite” Deposits associated with upwelling zones with low sedimen
Slide 17: Brazil Phosphate Market
BRAZIL PHOSPHATE MARKET For personal use only Brazil is Latin America’s biggest economy and a net importer (49%) of its phosphate needs Brazil is an agricultural power house and globally largest exporter of sugar (62%), coffee (28%), orange juice (68%), ethanol, beef and chicken. Second largest
Slide 18: Importance of Phosphorous
IMPORTANCE OF PHOSPHOROUS For personal use only • Phosphorous, expressed as P2O5, is responsible for energy generation in crops. It is crucial in photosynthesis and reproduction and participates actively in growth gy supply and energy pp y in p plants and animals. P Phosphorous • P, N and K are esse
Slide 19: Global Phosphate Usage
GLOBAL PHOSPHATE USAGE • Phosphatic Rock is used in the production of fertilizers, phosphoric For personal use only acid for industry and animal nutrition. PRODUCT MAIN USAGE Phosphoric Acid Main source to produce phosphate products: fertilizers, animal nutrition and pure acids DAP, MAP, SSP and TSP
Slide 20: More People, More Food, More Fertiliser
MORE PEOPLE, MORE FOOD, MORE FERTILISER Population Rising: For personal use only Grain Demand has Doubled in 40 Years: Global population increases 75 milion per year In 2020, world demand could be more than mostly in developing countries like Brazil three times 1960 level. The World has Less Land to
Slide 21: Phosphate Imports & Production
PHOSPHATE IMPORTS & PRODUCTION For personal use only • Brazil is the fourth consumer of fertilizer in the world but accounts only for 4% of the global fertilizer production. Brazil is a big importer. 9% USA 22% Others Source; ANDA, IFA, DNPM • 4 Players account for 70% of world phosphate production.
Slide 22: Brazilian Phosphate Rock Market
BRAZILIAN PHOSPHATE ROCK MARKET For personal use only k ton Source: British Suphur • Production Forecast including new projects as Anitapolis (Bunge) and Salitre (Fosfertil) and production expansion of Fosfertil and Copebras. • Even with the anticipated pipeline projects and capacity expansions, Bra
Slide 23: Brazilian Fertiliser Value Chart
BRAZILIAN FERTILISER VALUE CHART For personal use only