Labrador Iron Mines Holdings Ltd. · OTC:LBRMF
Labrador Iron Mines — Investor Presentation (January 2017)
32 slides from Labrador Iron Mines's investor presentation, January 2017
Slide 1: Labrador Iron Mines Corporate Presentation
LABRADOR IRON MINES January 2017 Corporate Presentation
Slide 2: Forward Looking Information
Forward Looking Information Labrador Iron Mines Holdings Limited (“LIM” or the “Company”) has prepared this presentation for information purposes only. The information contained herein was prepared by management on a best efforts basis and is believed to be accurate. It contains forward-looking stat
Slide 3: Corporate structure
Labrador Iron Mines Holdings Limited 51% Other Shareholders 49% Labrador Iron Mines Limited 100% 100% 2% Royalty Schefferville Mines Houston Iron Inc. Royalties Limited Labrador Iron Mines 3
Slide 4: Successful Completion of Financial Restructuring
Successful Completion of Financial Restructuring On December 19, 2016 Labrador Iron Mines Holdings Limited (“LIMH”), Labrador Iron Mines Limited (“LIM”) and Schefferville Mines Inc (“SMI”) implemented a Plan of Compromise and Arrangement (the “Plan”) under the Companies’ Creditors Arrangement Act (“
Slide 5: LIM's Advantage and Expertise in the Labrador Trough
Labrador Iron Mines LIM’s Advantage and Expertise in the Labrador Trough
Slide 6: Labrador Iron Mines: A First Mover
Labrador Iron Mines: A First Mover LIM was the first iron ore producer in the Schefferville/Menihek Area in 30 years James Mine was the first in a series of DSO deposits that LIM owns and plans to operate in Schefferville 6
Slide 7: LIM's Iron Ore: Schefferville/Menihek Region, Labrador Trough
‘s Iron Ore Schefferville/Menihek Region, Labrador Trough LIM Advantages The Labrador Trough: Canada’s foremost iron ore producing region Three Years Operating Experience (2011 – 2013) Only independently-owned iron ore producer in Canada Projects close to extensive & existing infrastructure Superior
Slide 8: LIM Three Years of Completed Operations
LIM Three Years of Completed Operations 2011 – 2013: of iron ore to China LIM iron ore sold (wmt) LIM is one of only a handful of Canadian mining companies to have exported iron ore into seaborne iron ore market Labrador Iron Mines 7 Note: Commercial production achieved at the James Mine in April 20
Slide 9: LIM's Current Portfolio of Iron Deposits
LIM’s Current Portfolio of Iron Deposits Eclipse (northwest– not shown onmap) DSO North Zone Deposits Trough 1 40.6mt 57% Fe NI 43-101 Resource1 Central Zone Wollett LanceRidge North Central Houston & Malcolm Fleming 9 South Central DSO Deposits 50.5 mt 62% Fe Historic Resource2 Currently focused on
Slide 10: Our Projects: Access to Extensive Infrastructure
Our Projects: Access to Extensive Infrastructure Hydro power Direct rail link to port LIM process plants (dry) Roads, airstrip, town LIM Train to Port LIM LIMProcess Plant Stream Dry Process Hydro Power Connection LIM Wet Process Plant LIM Direct to Port Rail Access LIM Road Access Direct rail acces
Slide 11: Complete Mine-to-Market Solution
Complete Mine-to-Market Solution Mine and Process Rail Port and Sales – Houston + surrounding deposits – TSH, QNS&L: LIM spur line – Ore handling facilities with access – LIM dry process plant – Railcar maintenance facility to cape-size vessels – Sinter and lump products – New 50 million tonne Berth
Slide 12: Mining & Processing Operations: James Mine
Mining & Processing Operations James Mine: Three Years of Iron Ore Production Completed (2011 – 2013) James Mine James Mine: ~4.6 million tonnes ore mined and ~8.2 million tonnes waste removed in three operating seasons (2011, 2012, 2013) 12
Slide 13: Silver Yards Dry Screening
Silver Yards Dry Screening Triple deck dry system to crush and screen iron ore (no washing) 13
Slide 14: Rail Operations
Rail Operations GWRR leases locomotives and (Genesee & Wyoming) operates LIM’s 6 km spur line TSH Railway to Emeril Junction in (Tshiuetin Rail Transportation Inc.) Labrador: ~200 km QNS&L to Port of Sept-Îles: ~360 km (Quebec North Shore & Labrador Railway) Three Railed to Port of Sept-Îles Operati
Slide 15: Rail Operations
Rail Operations Loading rail cars at Silver Yards 15
Slide 16: LIM's Shipping Advantage
’s Shipping Advantage Strategic Location Enables Multiple Avenues Deep sea port on Atlantic seaboard » Access to markets: Europe, Asia and North America Shipping advantage to markets in North America and Europe » Shorter distance relative to other primary iron ore regions Western Europe (Rotterd
Slide 17: Secured Long-Term Port Access
Secured Long-Term Port Access Port of Sept-Iles, Multi-User Wharf Completed: August 2015 Total Capacity: 50,000,000 tonnes per year Overhead View 17
Slide 18: LIM Shipping Operations
LIM Shipping Operations Year 1: Frontier Mirage carrying 173,000 wmt of LIM iron ore 18
Slide 19: LIM Shipping Operations
LIM Shipping Operations Year 2: First Eagle carrying ~176,000 wmt of LIM iron ore 19
Slide 20: LIM Shipping Operations
LIM Shipping Operations Year 3: SamJohn Dream carrying 186,500 wmt of LIM iron ore 20
Slide 21: LIM's Operations & Projects
Labrador Iron Mines LIM’s Operations & Projects -Houston Deposit -Elizabeth Deposit -Environmental Compliance
Slide 22: Houston Flagship Deposit
Houston Flagship Deposit Houston: Projected Eight to Ten Year Mine-Life Houston Malcolm (NW extension) Total resource 31.3 mt M+I @ 57.5% Fe 9.2 mt M+I @ 57.8% Fe 40.5 mt 57.6% Fe 1 + 3.2 mt Inf @ 56.9% Fe + 0.5 mt Inf @ 56.4% Fe Upside Potential: Houston and Malcolm deposits remain open along strik
Slide 23: Houston Flagship Deposit
Houston Flagship Deposit Houston + Malcolm • ~15 km SE of James mine • Consistent high quality iron ore product expected Houston access road tree clearing complete Labrador Iron Mines 23
Slide 24: Houston Flagship Deposit: Development Plan
Houston Flagship Deposit Houston Development Plan Simple Development Plan Surface and mining leases in place Phaselower 1 Development 1 Revised capital development plan1: Access Capital road (10km) investment + bridge to put Houston into production relatively modest and New lead timededica
Slide 25: Elizabeth Taconite Project - First Resource
Elizabeth Taconite Project - First Resource LIM’s exploration efforts have identified a significant iron orebody 620 million tonnes inferred @ 31.8% Fe1 Exploration potential of 350 – 600 million tonnes @ 31.9% Fe1 Alongside existing infrastructure (roads, rail bed and power line corridor);
Slide 26: Environmental Compliance and Rehabilitation
Environmental Compliance and Rehabilitation Fulfilling all environmental / regulatory obligations 1 LANDFILL PROJECT New dry materials landfill constructed near the Redmond Mine FISH HABITAT 2 Redmond Creek fish habitat facility creating ~1,500 m2 of spawning and rearing habitat for brook trout 3 JA
Slide 27: LIM's Strategic Partnerships
Labrador Iron Mines LIM’s Strategic Partnerships
Slide 28: Relationships with First Nations
Relationships with First Nations Impact and Benefit Agreements Social License to Operate July 2008 Innu Nation of Labrador (left) Naskapi Nation of Local employment September 2010 Kawawachikamach (2nd from left) Training programs Innu Matimekush-Lac John June 2011 (2nd from right) Business opportuni
Slide 29: Directors & Executive Team
Labrador Iron Mines Directors & Executive Team
Slide 30: LIM Executive Team
LIM Executive Team John Kearney Mining executive with over 40 years of industry experience. Chairman and CEO Chairman & CEO of numerous mining companies, including Canadian Zinc Corporation, Anglesey Mining plc., Minco plc., Conquest Resources Ltd., and Xtierra Inc. Board of Director, Mining Associa
Slide 31: LIMH Board of Directors
LIMH Board of Directors John Kearney Mining executive with over 40 years of industry experience; Chairman & CEO Chairman and CEO of numerous mining companies. Bill Hooley Professional mining engineer with 40 years experience. Vice Chairman CEO of Anglesey Mining plc and former President & COO of LIM
Slide 32: Contact Us
Labrador Iron Mines Contact Us: John F. Kearney Chairman and CEO +1 (647) 728-4101 Rod Cooper President and COO +1 (647) 729-1287 Richard Pinkerton Chief Financial Officer +1 (647) 728-4104 Main Office 55 University Avenue Suite 1805 Toronto, Ontario, Canada M5J 2H7 www.labradorironmines.ca
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