Admiralty Resources NL · ASX:ADY

Admiralty Resources NL — 5th America's Iron Ore Conference 2012

36 slides from Admiralty Resources NL's conference presentation, Nov 6, 2012

  1. Slide 1: Presentation at the 5th America's Iron Ore Conference

    ASX Announcement 6 November 2012 For personal use only Presentation at the 5th America’s Iron Ore Conference (6-8 November 2012, Belo Horizonte, Brazil) I enclose herewith the presentation to be provided by Stephen Prior, Managing Director of Admiralty Resources NL, at the 5th America’s Iron Ore Con

  2. Slide 2: High Quality Iron Ore Production from Chilean Magnetite

    High Quality lron Ore Production from Chilean Magnetite By Stephen C. Prior Managing Director AMERICAS wae TRON ORE ericas Iron Ore Conference

  3. Slide 3: Forward Looking Statements

    Slide - 2 - Forward Looking Statements For personal use only The information in this presentation is published to provide information about Admiralty Resources NL (“Admiralty” or “ADY”) and its subsidiaries. All reasonable effort has been made to provide accurate information, but Admiralty makes no

  4. Slide 4: Agenda

    Slide - 3 - For personal use only Agenda 1 2 3 4 Admiralty’s Exploration Case Resource Summary of approach to Study: La Exploitation Admiralty’s exploration Chulula Projects

  5. Slide 5: Summary of Exploration Workflow

    Slide - 4 - Summary of Exploration Workflow For personal use only Low Impact Ground Disturbing Exploration Exploration Rock chip, soil sampling and surface geological Airborne magnetic Trenching mapping survey Geological & Low-Resolution geochemical sampling ground magnetic Drilling survey Resource

  6. Slide 6: Case Study: La Chulula Ore Body

    Exploration and Mineral Deposit Slide - 5 - Evaluation For personal use only Case Study: La Chulula Ore Body (Harper South, Vallenar, Chile) Location map of the La Chulula target. Image obtained from Google Earth ©2012

  7. Slide 7: Airborne Survey (1999)

    Slide - 6 - Airborne Survey (1999) For personal use only HARPER NORTH  The area has been extensively survey since 1960  Surveys have been carried out by mining companies operating in the area (CMP, Barrick, BHP and others) and the United Nations  In 2005, all available survey data was reviewed an

  8. Slide 8: Ground Magnetic Survey (2005-2007)

    Slide - 7 - Ground Magnetic Survey (2005-2007) For personal use only Above: Magnetic field reduced to pole. La Chulula area.

  9. Slide 9: Gravimetry (2010)

    Slide - 8 - Gravimetry (2010) For personal use only Left: Geological map of the La Chulula area. Right: Gravimetry image.

  10. Slide 10: Low-Resolution Ground Magnetic Survey (2010)

    Slide - 9 - Low-Resolution Ground Magnetic Survey (2010) For personal use only  An integration of different ground magnetic surveys performed in 2005 and 2007 was performed  A new survey was carried out in March/April 2010, covering a total of 330,623m  Readings were taken at 100m intervals, from

  11. Slide 11: High Resolution Ground Magnetic Survey (2011)

    Slide - 10 - Phase 1 -High Resolution Ground Magnetic Survey (2011) For personal use only Survey factsheet  37 lines of 1,100m length (Mariposa & La Chulula),  Spaced at 50m apart  Covering an area of 2 km2  Performed in August 2011 by Quantec Geoscience Ltd. Depth slices of magnetic susceptibil

  12. Slide 12: High Resolution Ground Magnetic Survey (2011)

    Slide - 11 - Phase 1 - High Resolution Ground Magnetic Survey (2011) For personal use only 3D inversion & interpretation of the high- resolution ground magnetic survey

  13. Slide 13: High Resolution Ground Magnetic Survey (2011)

    Slide - 12 - Phase 2 -High Resolution Ground Magnetic Survey (2011) For personal use only Survey factsheet  25 lines of 750m length  Spaced at 50m apart  Covering an area of 0.8 km2  Performed in February/March 2012by Quantec Geoscience Ltd. Comparison of maps of magnetic susceptibility for Phas

  14. Slide 14: High Resolution Ground Magnetic Survey (2012)

    Slide - 13 - Phase 2 -High Resolution Ground Magnetic Survey (2012) For personal use only Survey Results  Magnetic susceptibility levels higher than 0.9 S.I. units between 600m and 0m elevations  Fully confined within the boundaries of Admiralty’s property  Located near the surface  Lateral dime

  15. Slide 15: High Resolution Ground Magnetic Survey (Continued)

    Slide - 14 - High Resolution Ground Magnetic Survey (Continued) For personal use only Depth slices of magnetic susceptibility at different elevations

  16. Slide 16: Drilling

    Slide - 15 - Drilling For personal use only PRE-DRILLING WORK: Complete geological appraisal of the ore potential to sink drill holes in the areas of maximum opportunity for ore discovery STRATEGY: Provide reliable information while minimising cost and maximising results discovery in the ore body st

  17. Slide 17: La Chulula Diamond Drilling test hole

    Slide - 16 - La Chulula Diamond Drilling (DD) test hole For personal use only Factsheet  Date of execution: 5-18 February 2012  Number of holes: 1 x 600m  Inclination of drill hole: 50 degrees Results  Confirmation of mineralisation depth  Confirmation of mineralisation volume: 450m out of 600m

  18. Slide 18: La Chulula RC drilling programme – Phase 1

    Slide - 17 - La Chulula RC drilling programme – Phase 1 For personal use only Factsheet  Date of execution: 6 June – 10 July 2012  Number of metres drilled: 2,748m  Number of holes: 10 holes of 200-350m each  Inclination of drill hole: 50-60 degrees Results  Confirmation of mineralisation exten

  19. Slide 19: La Chulula RC drilling programme – Phase 2

    Slide - 18 - La Chulula RC drilling programme – Phase 2 For personal use only Factsheet  Date of execution: 4 September – 19 October 2012  Number of metres drilled: 3,135m  Number of holes: 17 holes of 150-315m each  Inclination of drill hole: 50-60 degrees Results  Confirmation of mineralisati

  20. Slide 20: At the field at La Chulula

    For personal use only At the field at La Chulula

  21. Slide 21: Resource Exploitation

    For personal use only Resource Exploitation

  22. Slide 22: Magnetite Iron Production Workflow

    Slide - 21 - Magnetite Iron Production Workflow For personal use only MAGNETIC MINE TRANSPORT SCREENING FILTERING/ DRYING CRUSHING SEPARATION EXTRACTION TO PLANT GRINDING (high speed drums) (wet or dry) *It takes about 1.5 tonnes of iron and 0.5 tonne of coke to produce a tonne of pig iron, the raw

  23. Slide 23: Conceptual Crushing Plant

    Slide - 22 - Conceptual Crushing Plant For personal use only Above: Jaw Crusher. Below: Cone Crusher. Source: Project & Maintenance Engineering S.A. (PME), Chile

  24. Slide 24: Conceptual Crushing Plant Design (Continued)

    For personal use only Source: Project & Maintenance Engineering S.A. (PME), Chile Conceptual Crushing Plant Design (Continued) Slide - 23 -

  25. Slide 25: Conceptual Beneficiation Plant Design

    Slide - 24 - Conceptual For personal use only Beneficiation Plant Design Source: Project & Maintenance Engineering S.A. (PME), Chile

  26. Slide 26: Final Product: Lump and Fines

    Slide - 25 - Final Product: Lump and Fines For personal use only Production from the real live test performed on Soberana ROM (July 2012).

  27. Slide 27: Final Product Composition

    Slide - 26 - Final For personal use only Product Composition Extract from Certificate of Analysis issued by Alex Stewart International on the 44,592,413 WTM iron ore fines shipped by MV ZHI QIANG on 22 October 2008.

  28. Slide 28: Admiralty's Projects Summary

    For personal use only Admiralty’s Projects Summary

  29. Slide 29: Projects Location

    Slide - 28 -  6,800 Ha in the Chilean iron belt with internal roads network and no high mountain formations Projects Location  46km from the Guacolda and Las Losas ports For personal use only  7km from the railway line owned by Ferronor S.A. and 3km from the Pan American highway, with direct acce

  30. Slide 30: Projects Location

    Slide - 29 - Projects Location For personal use only Distance from Vallenar by road Las Losas Port 49 km Guacolda Port 49 km Castilla Port 135 km Punta Caleta Port 265 km Punta Totoralillo Port 280 km Image obtained from Google Earth ©2012. Map is not to scale.

  31. Slide 31: Project – Harper South District

    Slide - 30 - PROJECT 1 – Harper South District For personal use only  7 targets confirmed and 2 anomalies identified by high resolution ground magnetic survey  2 sorts of mineralisation found in the district: magnetite style in the east and IOCG (iron oxide, copper & gold) in the west with zones s

  32. Slide 32: Project – Pampa Tololo District

    Slide - 31 - PROJECT 2 – Pampa Tololo District For personal use only  3 targets confirmed by high resolution ground magnetic survey  Simpson – UNDER EXPLORATION This is the most important target in relation to size/susceptibility. An oblate spheroid shape of 800m in diameter, located at a depth of

  33. Slide 33: Project – Cojin District

    Slide - 32 - PROJECT 3 – Cojin District For personal use only  Three exploitation concessions, covering 647 hectares, 10% of Admiralty’s mineral tenure  Located 8-15 km from El Algarrobo, iron ore mine owned by CMP1  El Algarrobo supplies preconcentrates to CMP’s iron pellet plant in Huasco and 6

  34. Slide 34: Appendix

    For personal use only Appendix

  35. Slide 35: Corporate Directory

    Slide - 34 - Corporate Directory For personal use only BOARD OF DIRECTORS CONTACT Professor J. Ross Harper, Chairman Level 16, 379 Collins Street, Stephen C. Prior, Managing Director Melbourne VIC 3000, Australia Michael S. Perry, Non-executive Director Dr Shaoqing Li, Non-executive Director Tel: +6

  36. Slide 36: Thank you for your attention

    For personal use only Thank you for your attention. I would be pleased to address any questions from the floor.

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