Admiralty Resources NL · ASX:ADY
Admiralty Resources NL — Lodge Partners Mid Cap ConFab April 2008
22 slides from Admiralty Resources NL's conference presentation, Apr 10, 2008
Slide 1: Update to Lodge Partners ConFab
ASX Company Announcement Admiralty Resources NL ACN 010 195 972 Level 14, 200 Queen Street Melbourne VIC 3000 For personal use only [t] +61-3-96701838 [f] +61-3-9670 1898 [w] www.ady.com.au 10 April 2008 Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000 Update to Lodge Partne
Slide 2: Mid Cap Confab Lodge Partners (Update)
Admiralty Resources NL For personal use only MID CAP CONFAB Lodge Partners (Update) April 2008
Slide 3: Company Overview
Company Overview For personal use only ASX ADY ASX:ADY OTCBB ARYRY (see OTCBB:ARYRY ( www.adrbny.com) db ) 1,021,336,239 million shares on issue (at 8 April 2008) 2 000 000 Non-Executive 2,000,000 Non E ec ti e Director options 9,751 shareholders, 435 overseas 1 ANZ Nominees – 19.14% 1. 19 14% Admir
Slide 4: Key Personnel
Key Personnel For personal use only Board of Directors - Prof. J Ross Harper CBE – LLB MA DUniv Chairman, Scottish Coal, legal background, London - Michael Robert Clarke MSc – Managing Director – Santiago, Chile - Phillip Thomas – BSc MBM AIG SIA Director, Chairman – Cia Minera Santa Barbara, Managi
Slide 5: Demerger - Status
Demerger - Status For personal use only • ADY – Consolidate to 280 million shares • Demerger Information memorandum will be put to shareholders at EGM (seeking 45b ATO approval). • Consider Directors Report Report, Solvency Solvency, Tax and Rincon Expert Reports • 280 million shares issued in Rinco
Slide 6: Project Focus – Production, Shipping, Finance
Project Focus – Production, Shipping, Finance For personal use only Cia Minera Santa Bárbara - Chile Feb 2008 – shipping commences – fulfill the 06 SPA agreement to WISCO CFR contract - 8 shipments – 4 handymax, 4 panamax - 350,000 tonnes, $26 million -Apr A 2008 – commence 2008 contracts t t – ship
Slide 7: Key Statistics – Santa Barbara
Key Statistics – Sánta Barbara For personal use only 7,421 hectares of tenements at Japonesa Group Mine Vallenar 3 500 hectares at Pampa Tolofo 3,500 Tolofo, near Las Colorados Caleta Port 14,500 metres drilling, 1.5-2.0m tonne capacity per annum Mine head grade average 22.3% Fe Candelaria 457 staff
Slide 8: 7,421 Hectares in Iron Ore Belt
7,421 Hectares in Iron Ore Belt For personal use only *Existing mines operated in 1960’s 7
Slide 9: Product Specification
Product Specification For personal use only Annual shipping Capacity Element Rejection Level % Contract Specification % Fe 62.00 min 63.5 Caleta – 2 x 45,000 x 9 months = 0.810 million tonnes Si02 6.0 max 5.00 Al203 2.0 max 1.2 Candelaria – 4 x 78,000 x 12 months = 3.74 million tonnes P 0.09 max 0.0
Slide 10: Port of Punta Alcalde
Port of Punta Alcalde For personal use only Estimated Cost – US$32-$40m Main road to pass site 14km road upgrade 300,000 tonne stockpile Container loading facility – Fruit Port Iron ore loading – Santa Bárbara Copper/Silver pp – Barrick Mines Coal unloading – Pascua Lama Power project Estimated Comp
Slide 11: Rincón Salar - Argentina
Rincón Salar - Argentina For personal use only 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. Key resources are lithium chloride, lithium carbonate and potassium chloride (
Slide 12: Rincón Salar - The Resource
Rincón Salar - Argentina For personal use only The Resource The Rincón Project is located in north-western Argentina near the Chilean border. It is a hyper saline lake, lake brine enriched in lithium, lithium magnesium and potash, with three rivers providing subterranean waters flowing into the
Slide 13: Lithium Concentrations from drill hole data
Rincón Salar - Argentina For personal use only Lithium Concentrations from drill hole data 12
Slide 14: Jujuy R&D and Rincon Plant Organization Chart
Jujuy R&D and Rincon Plant Organization Chart For personal use only Dr. D. Galli Project Manager Ing. D. Humana Ing. M.M. Otaiza Prof. A. Otaiza R. Santillan Engineering Chief Chemist Administration Operations Manager J.C. Caceres R. Miranda A. Zapata Spectrometrist Systems Assistant Plant Superviso
Slide 15: JORC Reserve Calculation - Published 23/7/07
JORC Reserve Calculation - Published 23/7/07 For personal use only 14
Slide 16: JORC - Competent Person Statement
JORC - Competent Person Statement For personal use only The basis for reporting the reserve as lithium metal is so that the value of the amount of alkali metal salts such as lithium carbonate or lithium chloride can be accurately determined, and thus its economic value determined (refer slide 16). B
Slide 17: Japanese Import Statistics – Lithium Carbonate
Japanese Import Statistics – Lithium Carbonate For personal use only Lithium price per USD per tonne of Lithium Carbonate tonnage carbonate tonne i imported t d into i t Japan J CHINA 71,5 6,305.48 11,000 10 000 10,000 CHILE 707 6,491.09 , 9,000 8,000 ARGENTINA 180 7,046.78 7,000 6,000 Production ta
Slide 18: Pilot Ponds Construction and Laboratory
Pilot Ponds Construction and Laboratory For personal use only 17
Slide 19: Lithium Applications
Lithium Applications – Lithium is not connected to the base metal market For personal use only • The adjacent graph shows SQM view of Global Lithium Consumption. • There has been explosive growth in batteries, ~ 25% CAGR, (2000‐05 Roskill) and Industrial 23% Others Air Conditioningg (as ( a desicant
Slide 20: Bulman – Northern Territory
Bulman – Northern Territory For personal use only Zinc and Lead oxide, sulphide deposit located in southern Arnhem land in Australia's Northern Territory. Applied for ELA23814 – 637 sq kilometres In the 1950’s CRA estimated there was 375,000 tonnes @ 15% Zn and 2% Pb of mainly oxide material.
Slide 21: Bulman – MLN 726
Bulman – MLN 726, 727 For personal use only Bulman Mining leases showing outcrops and banding 20
Slide 22: Pyke Hill – Nickel Cobalt JV – Cougar Metals NL
Pyke Hill – Nickel Cobalt JV – Cougar Metals NL For personal use only The Pyke Hill Project is located approximately 40km southeast of the Murrin Murrin Nickel Operation, near Leonora, Western Australia. Prospective for a high-grade nickel-cobalt lateritic resource. Estimated in-ground value $3.
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