Macarthur Minerals Limited · ASX:MIO
Macarthur Minerals — Investor Presentation (March 2013)
22 slides from Macarthur Minerals's investor presentation, March 2013
Slide 1: Commercial in Confidence
Commercial 1 in Confidence
Slide 2: Disclaimer
This presentation (in this projected form in hard copy and as verbally presented) (collectively Both Projects are at the early stages of evaluation and although reasonable care has been taken to “Presentation”) is provided on the basis that neither Macarthur Minerals Limited ACN 103 011 436 (the ens
Slide 3: Macarthur Minerals Limited
MACARTHUR MINERALS LIMITED Macarthur Minerals is an Australian public company listed on the Toronto Stock Exchange (TSX:MMS, OTCQX: MMSDF), focused on the exploration and development of its iron ore projects, being the Ularring Hematite Project and the Moonshine Magnetite Project located in Western
Slide 4: Project Introduction
PROJECT INTRODUCTION Strategy + Reliable iron ore supplier + Fast to market first ore on ship by early 2015. + Create value for shareholders and local community Size Of Resource (Growing) Mine life greater than 10 years Grade > 60% Fe Va Mine close to existing Management infrastructure Experienced p
Slide 5: Ularring Hematite Project Location
ULAR aszciomn | soon ¥ at achome ve Leonora. r \, 4» Mt Mason % (Jupiter) Matvarthur Iron Ore Diemalg iN , ‘d__-“@ Menzies (Transit 7 gies Ot rojects. wer?" eal gyal i i Ae 7 ‘eile } Windar (Clit Coorara (Meteoric) Cs 7 Cari ris Metals) attmeertl Kalgoorlie (Cliffs) : i oiane aie Codlgardi ; RING HE
Slide 6: Pilbara, Mid West, Yilgarn
. • • • PILBARA • • • MID WEST • YILGARN • • 6
Slide 7: Ularring Hematite Project - From Mine to Port
ULARRING HEMATITE PROJECT - FROM MINE TO PORT Haul road construction of ~110 km at cost of ~$46M from mine operation to Menzies to be constructed by third party (build, own, operate) ws ~ Rail siding for multi-user at Menzies. Cost ~$18M by Aurizon formally know as QR National (build, own, operate)
Slide 8: Latent capacity to be utilised
(— >) Latent capacity to be utilised Currently handling 11 million tonnes of iron ore Stage 1 upgrade will increase capacity to 18-22 Mtpa, through efficiencies J 7 Bulk iron ore loader available Capacity is 4,500 tph upgradeable to 5,500tph X Storage required for 360,000 tonnes iron ore on vacant p
Slide 9: Existing MMS Operation
Existing MMS Operation ¢ Newrail car unloader xisting MMS Opera 7 en storage shed Twin cell bottom rail car dump unit at * Connecting conveyor Geraldton Port (Th Minerals STRICTLY CONFIDENTIAL
Slide 10: Ularring Hematite Project - Overview
ULARRING HEMATITE PROJECT - OVERVIEW 10 (Th MACARTHUR Minerals
Slide 11: Iron Ore Resource Plan - Hematite
TRON ORE RESOURCE PLAN - HEMATITE B 195,000 mE. le 6,700,000) 00 mE 10.000 mE. 15,000 mE. ' Snark/Drabble Downs: Main region consists of multiple mineralised bands over 5 to 6 km strikelength. The mineralised bands vary in thickness from oOTTsT The mineralised bands vary in thickness from 2 to25 met
Slide 12: Hematite Mineral Resource and Reserves
HEMATITE MINERAL RESOURCE AND RESERVES Vp : : =) Hematite Mineral Resources Category M Tonnes Fe% | Si02% | Al2eO3% | P% S% LOI % Indicated 54.46 47.2 16.9 65 0.06 | 016 79 [ Inferred 25.99 45.4 20.6 6.0 0.06 | 0.09 7.2 ) Hematite Mineral Reserves |} Category M Tonnes Fe % Si02% | Al203% P% S% LOI %
Slide 13: Scrubbing and Wet plant, Classification, Mags & Spirals
Scrubbing and Wet plant Classification Mags & Spirals 13
Slide 14: Ularring Hematite Project - Evaluation
ULARRING HEMATITE PROJECT - EVALUATION ( PFS > 2012 Project NPV AS456 M Beneficiation Indicated Resource 54.46 Mt Probable Reserve 42.95 Mt Sale Product Grade 60.1%Fe Mine Life 13 years Discounted Project Payback 3 years OPEX FOB AS78 /t Capital AS262.7 M Total Estimated Revenue AS3.238 B yy 1“ (Th
Slide 15: Low strip ratio
Low strip ratio Near surface material with most mining to 40m depth Above water table Mix of free dig material and drill and blast
Slide 16: Ularring Hematite Project Capex - Cost Summary
ULARRING HEMATITE PROJECT CAPEX - Cost Summary Direct Costs ASM _ || Indirect Costs ASM Mine (including mobilisation & technical services) 3.4 EPCM 16.5 Processing Plant 66.5 Owners Costs 5.2 On Site Infrastructure 20.7 Contingency 27.4 Off Site Infrastructure 17.4 Product Transport & Logistics 46.2
Slide 17: Ularring Hematite Project Opex - Cost Summary
ULARRING HEMATITE PROJECT OPEX - Cost Summary Cost Centres PFS Optimisation Target 2012 AS 2013 AS Mining 16.11 14.00 Processing 11.38 10.50 Infrastructure, site maint & camp 4.31 2.75 Road haulage & maint 11.73 8.30 Rail Haulage & handling 26.67 24.74 Port 7.44 9,00 Overheads 0.50 0.50 Total cash o
Slide 18: Timing of Funding Commitments
TIMING OF FUNDING COMMITMENTS Security for 'take or pay’ contracts * Port infrastructure and access Q4, 2013 + Rail rolling stock purchase * Road haul contract and road construction ¢ Process plant BOO Q1, 2014 * Project procurement commitments Q2-4, 2014 * Project Construction Q1-2 2015 * Working C
Slide 19: Key Project Advantages
KEY PROJECT ADVANTAGES Low capital intensity ¢ Low political risk * Close to major infrastructure ¢ Fast to market - first ore on ship Otr1, 2015 ¢ Environmental approvals well advanced ¢ Desirable product for steel plants ¢ Project development underway ¢ Experienced project team in place 19 MACARTH
Slide 20: Company Snapshot
COMPANY SNAPSHOT Executive Leadership The Board of Directors r David Taplin (Company Secretary & CFO) Alan Phillips 20 years experience as CFO, Company (Chairman) . Secretary and General Counsel for both 40 years experience in corporate and ASX & TSXlisted companies. Joe Phillips international minin
Slide 21: Contact Details
CONTACT DETAILS (— >) AUSTRALIAN HEAD OFFICE Alan Phillips Macarthur Minerals Limited Chairman, President ein ae Level 20 L @@ [email protected] ) 10 Eagle Street, Brisbane QLD 4000 Australia (—. >) David Taplin i + 61732211796 Company Secretary/CFO @@ dtaplinomacarthurminerals.com ) P
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TSX: MMS | OTCQX: MMSDF
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