Cazaly Resources Limited · ASX:CAZ
Cazaly Resources — Investor Presentation (September 2014)
24 slides from Cazaly Resources's investor presentation, September 2014
Slide 1: Advanced Iron Ore & Copper projects
Advanced Iron Ore & Copper projects …from discovery to ready to mine September 2014
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information • This presentation has been prepared by Cazaly Resources Limited (“Cazaly”). It contains forecasts and forward looking statements which are no guarantee of future performance and which involve certain risks. Actual results and future outcomes will in all likelih
Slide 3: Value Proposition
Value Proposition CAZALY RESOURCES LTD • Parker Range Project ready to mine. NPV9: A$384M*, Post-tax IRR: 129% • High Grade Cu – Mount Angelo Copper Project. Active exploration • Pilbara Iron Ore Projects • Further exploration exposure through several other Joint Ventures • Royalty Stream from West
Slide 4: Parker Range: Political Support
Parker Range: Political Support MINISTERIAL ANNOUNCEMENT Hon. Dean Nalder, Minister of Transport Multi-user iron ore facility for Esperance Wednesday, 7 May 2014 Yilgarn Esperance Solution (YES) Limited has been named the preferred proponent to develop the Multi‐User Iron Ore Export Facility propose
Slide 5: Parker Range Iron Ore Project
Parker Range Iron Ore Project Mount Caudan Iron Ore Deposit Mount Caudan Iron Ore Deposit • 100% owned by Cazaly 4km strike • Total current resource of 35.1Mt @ 55.9% Fe (61.4% CaFe), comprising 24.4Mt @ 56.0% Fe of Measured Resources, 7.7Mt @ 56.6% Fe of Indicated Resources and 3.1Mt @ 54.0% Fe of
Slide 6: Iron Ore Product
Iron Ore Product Indicative Product Specs** Single Fines Only Product Targeted Option Fe% CaFe% SiO2% Al2O3% P% MnO% LOI% Fines 56.4 61.9 6.00 2.50 0.020 1.10 9.10 Only • Marketable product with acceptable levels of chemical impurities • Low Phosphorous product • Manganese component also a steel mak
Slide 7: Processing – Stage 1
Processing – Stage 1 • Current designed STAGE 1 Dry Processing Route • Ore to be initially processed through a mobile crushing and screening plant to produce a direct shipping ore (DSO) product without need for further processing to enable fast project start up while permanent ore processing facilit
Slide 8: Processing – Stage 2
Processing – Stage 2 • Current designed STAGE 2 Wet Processing Route • Designed to commence in Year 2 of operations • Comprises two circuits; – a dry crushing and screening circuit and, – a wet processing circuit for beneficiation of lower grade ore • Plant utilises 4 stages of comminution. Ore crus
Slide 9: Project Scope
Project Scope Scope • Open Pit Mining: Ramping from 2mtpa to 4.2mtpa • Plant: Crushing, screening & stockpiling • Road Haul: 57km on established roads to rail • Rail Haul: On public rail to port • Other: Grid power and accommodation sited 14km away at town of Marvel Loch • Estimated 750 construction
Slide 10: Esperance Port Sea and Land (EPSL)
Esperance Port Sea and Land (EPSL) An Iron Ore Port • Currently capable of exporting ~12Mtpa. Cliffs Natural Resources currently utilise ~11Mtpa for iron ore • 20Mtpa expansion planned in two stages recently announced by the State. Stage 1: ~5-10Mtpa • Political support for expansion • State governm
Slide 11: Parker Range Value Proposition
Parker Range Value Proposition THEN June, 2010: 20% project equity conditionally sold to HWE Mining (valued at more than double todays market cap.) Terminated due to unavailability of port July, 2010: Key development partners sign on. Secures mining, transport and marketing of product Terminated due
Slide 12: Parker Range Project Summary
Parker Range Project Summary • Potential to deliver new iron ore mine in the Yilgarn of WA at PARKER RANGE • Export option via Port of Esperance now viable • Tier 1 Consortia selected by the State to develop the port, comprising; Asciano & Marubeni • Robust project economics NPV9 A$384M, IRR 129% (S
Slide 13: Halls Creek Copper Project
Halls Creek Copper Project • JV with 3D Resources to earn 75% • Large regional position, >500km2 covering the base metal fertile Koongie Park Formation • CAZ has conducted four drilling campaigns: 52 RC 11 DDH holes for 6,036 metres at Mt Angelo North (MAN) • Has greatly advanced the extent & unders
Slide 14: Halls Creek Copper Project
Halls Creek Copper Project Mount Angelo Copper Deposit • Outcropping Cu gossan discovered in the 1960’s • Various companies have explored the target, no deep drilling prior to Cazaly • Utilising world class technical expertise to hone understanding & targeting • Exceptional drilling results by CAZ:
Slide 15: Halls Creek Copper Project
Halls Creek Copper Project Mount Angelo Copper Deposit • Mineralisation open down plunge occurs over 250m strike • New 18m thick intercept of massive to semi-massive sulphides discovered to the east in RC pre- collar • Southern gossan untested • Second Porphyry target, located 2.5kms to south of MAN
Slide 16: Halls Creek Copper Project
Halls Creek Copper Project Mt ANGELO NORTH Gossan Gossan Cu-Zn DEPOSIT Oxide Zone • Extensive near surface oxide and sulphide mineralisation Zn rich zone • Shallow oxidized mineralisation Massive overlying Cu–Zn/Zn-Cu massive Sulphide Zone sulphide mineralisation • Downhole geophysics (EM) highlight
Slide 17: 'Grunters Prospect'
‘Grunters Prospect’ • Geological mapping defines northern extensions of ‘Host Sequence’ for >1km • Key ‘marker’ horizons, including strategic BIF unit, mapped • Prospective sequence not previously drill tested to any meaningful extent
Slide 18: Regional Geophysics
Regional Geophysics Regional Geophysical Programme • Airborne EM programme flown • Several anomalies defined • Ground truthing delineates coincident surface copper mineralisation • No follow up drilling conducted to date Mt Angelo North Cu deposit • Anomalies all lie within the base metal fertile Ko
Slide 19: Halls Creek Project Summary
Halls Creek Project Summary HALLS CREEK COPPER PROJECT • Hosts historic Mount Angelo North copper-zinc deposit & Copper Porphyry target • Recent work by Cazaly indicates potential for a much larger system than previously thought • Extensive near surface Cu-Zn-Ag mineralisation bodes well for early e
Slide 20: Pilbara Iron Ore
Pilbara Iron Ore • Numerous projects in world class province • Strategic land positions • Proven iron ore occurrences • Hamersley project vended out to Winmar Resources
Slide 21: Pilbara Iron Ore – Hamersley Project
Pilbara Iron Ore – Hamersley Project Winmar JV (WFE: 51%, CAZ: 49%) • Winmar Resources Ltd (WFE) earnt 51% via expenditure of $6M • Located in Central Pilbara region of WA • Adjacent to FMG’s Solomon project • Scoping & Infrastructure Studies recently completed Confirms potential to start up an init
Slide 22: Parker Range – Way Forward
Parker Range – Way Forward NEXT STEPS • ESPL and YES: Execute legal agreements • CAZ AND YES: Conclude port access agreements • FINANCING DISCUSSIONS • PROJECT DEVELOPMENT – Long lead items, key contracts etc… • CONSTRUCTION • MINING • CASH $$$$
Slide 23: Cazaly Corporate Summary
Cazaly Corporate Summary Advanced Projects, Cohesive Business Model • PARKER RANGE: Potential to deliver new iron ore mine in the Yilgarn of WA YES syndicate appointed to build & operate new facility at Esperance Port • HALLS CREEK COPPER: Copper-zinc discovery Potential larger system to be tested •
Slide 24: Thank you
Thank you Diamond drilling, Mt Angelo North Copper deposit Level 2, 38 Richardson Street, West Perth, Western Australia, 6005. PO Box 396, West Perth, Western Australia, 6872 Phone: +61 8 9322 6283 Fax: +61 8 9322 6398 email: [email protected] ACN 101 049334 www.cazalyresources.com.au
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