Admiralty Resources NL · ASX:ADY
Admiralty Resources NL — Investor Presentation (January 2006)
19 slides from Admiralty Resources NL's investor presentation, Jan 24, 2006
Slide 1: ASX Company Announcement
ASX Company Announcement Admiralty Resources NL ACN 010 195 972 DMI RALTY RESOU RCES Level 6, 150 Queen Street Melbourne VIC 3000 fi] +61-3-9642 3535 {f +61-3-9670 8965 fw} www.ady.com.au 24 January 2006 Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000
Slide 2: Presentation January 2006
i PRESENTATION January 2006
Slide 3: Company Overview
Company Overview Public Company listed on the Australian Stock Exchange ASX:ADY OTCBB:ARYRY Diversified mineral interests in Australia, Chile and Argentina 547 million shares on issue 110 million unlisted options at 10 cents exercise price 2005 - 65 million options exercised — raised A$6.5 million (
Slide 4: Project Overview
Project Overview ees, 3 SS ADMIRALTY RESOURCES
Slide 5: Key Personnel
Key Personnel Board of Directors Prof. J Ross Harper CBE — Chairman, Scottish Coal, legal background, London John Anderson ~ Director, banking, legal, management — residing in Melbourne Phillip Thomas — Managing Director, geology, investment, marketing — located Sydney/Melbourne Technical Dr Carlos
Slide 6: Phillip Thomas B.Sc (Geol) M.Bus Mkting SIA AIG
Phillip Thomas B.Sc (Geol) M.Bus Mkting SIA AIG - Appointed non-executive director April 2003, CEO & Chairman Aug 2004, MD Feb 2005. - Joined the Admiralty board at request of major shareholders - Experience in geostatistics (drill hole analysis), mine engineering simulation, geophysics and petrolog
Slide 7: Cia Minera Santa Barbara Iron Ore Project
Cia Minera Santa Barbara Iron Ore Project az, SS ADMIRALTY RESOURCES Equity share - 50% interest in the Cia Minera Santa Barbara iron ore mines on production (July 2006) Acquisition Cost was US$8.5m, A$1.5m shares, USD$10m working capital, priority repayment Resource - 10 mines, proven resource of 3
Slide 8: Profitability - Santa Barbara
Profitability -— Santa Barbara » Revenue « 1.8 million tonnes FY 2006/7 « 62.8 cents FOB DMTU — 62% Fe = $38.92 per tonne « 150,000 tonnes per month = $5,838,000 per month " Expenses « Interest on ADY $10m loan - $650,000 - $0.50 per tonne « Extraction - Belsaco — $6.50 tonne « Santa Barbara — $4.00
Slide 9: Cia Minera Santa Barbara Iron Ore Project
Cia Minera Santa Barbara Iron Ore Project The Resource « Located in Northern Chile 7 kilometres south-west of Vallenar @ « 55 kilometres from the commercial port of Huasco Bay, 210 km from CalderaC) «» JORC Proven reserve of 32.75m tonnes at 12.2% avg Fe grade " 7.3 to 4.8 to 1 extraction ratio " Th
Slide 10: Japonesa Tenement — 32.75 Million tonnes
Japonesa Tenement — 32.75 Million tonnes SUALES 7 > os OORDERARAS GHUCRARTOAS. = T-THT, — ALTITUDES VASUALES 4 CERROS CONOCIDOS oon a [soeerveee {gonial | tet {tre | er . uw ue eee averse [reenter Rata Tac ae \ “7 Wiioomat (2 esr | Rarnane ne ” “7 phew ---- ede ve 4 . Ao £ “ Ke 1$832000.00 ty ‘ ba H
Slide 11: Cia Minera Santa Barbara Iron Ore Project
Cia Minera Santa Barbara Iron Ore Project une n Doge tale: eae, SS ADMIRALTY RESOURCES ut rani i muggTaa 1 Pe 1 @8.50 > 69.861 1EQRRIDA x 1 1 49.80 2 80,67 1 ‘ YR cal? $ Be07 1 1 1H ana. t 1 66.41 1 ‘ ic + @1.00 2 69,807 PEDAREBA RE ot T ' n t aH 4 1 t tH 4 4 tneenenene 4 as | 79.50) 60.001 0.017) 0
Slide 12: Geomagnetics — high anomolies
Geomagnetics — high anomolies a22000 . oe ; “228000 HN S24000 (26000 ve B28000 a. i SS ADMIRALTY RESOURCES
Slide 13: Cia Minera Santa Barbara Iron Ore Project
Cia Minera Santa Barbara Iron Ore Project Extraction Precess Extraction process for 3 million tonne stockpiles at Japonesa and Mirador. 3 riflion tei stosknile Magnetic Separator (Ay (B} Port taciity ‘Ship al Huasso Port {) Stockpile at purt (} es. 12 SS ADMIRALTY RESOURCES
Slide 14: JAPONESA — BESALCO MAQUINARIAS S.A
JAPONESA — BESALCO MAQUINARIAS S.A ESTIMATE OF EQUIPMENT REQUIRED MINE LA JAPONESA MATERIALS MOVEMENT SERVICE PLANT MINERAL TRANSPORTATION SERVICE TO CALDERA Equipment tendered: 13 TRUCKS WITH OF 33 TONS 13 TRUCKS WITH OF 30 TONS 2 TRUCK DRILL 2 WHEEL LOADERS VOLVO L-220 1 WATER TRUCK OF 28.000 LTS.
Slide 15: Conveyor design at Caldera Port
Conveyor design at Caldera Port ADMIRALTY RESOURCES
Slide 16: Flowsheet of the Plant at La Japonesa
FLOWSHEET OF THE PLANT AT LA JAPONESA - PROBABLE SCENARIO MATERIAL BEING PROCESSED AT THE MINE 252 TONNES FROM 1,200 T 1.600 tmph —he% Fe : SLASSIFICATION -1” RATIO OF 1:4.8 waste | suave mare 1.200 tmph - 20% Fe No ie 600 tmph 1 600 tmph Poleas WASTE ONNES 352,4 tmph ~My 3 HSD 247.6 tmph mag 359,4
Slide 17: Rincon Salar - Argentina
Rincon Salar - Argentina Major, world-class, multi-element brine resource (Li, K,) located in the Salta Province of Argentina. = The 37 tenements cover an area in excess of 250 square kilometres. Tian = Key resources are lithium chloride, potassium my : | chloride, and potassium sulphate. = Resource
Slide 18: Rincon Salar - Argentina
Rincon Salar - Argentina 2B w a 1 th & REFERENCE et ED eet Rion, Seis BS] BOLIVIA a, A NPL sy MRS CLE CHO 2 HB 2, Maes ot: AUER 1 CHILE Rincon Salar “~~ rao a ARGENTINA ile RINCON PROJECT . Solars. of the Puna & Structural Elements . The Resource The Rincon Project is located in north-western Argent
Slide 19: Rincon Salar - Argentina
Rincon Salar - Argentina Lithium Concentrations from drill hole data ELEVATION’, Litam (mg/100L} aN 26-50 30-33 38-38 36-41 41-88 45-47 “== ‘ADMIRALTY RESOURCES
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