Iron Bear Resources Ltd · ASX:IBR
Iron Bear Resources — Cape Lambert Resources — Mining Indaba 2013
24 slides from Iron Bear Resources's conference presentation, Feb 4, 2013
Slide 1: ASX Announcement
ASX Announcement 4 February 2013 Cape Lambert is an Australian domiciled, mineral investment company. Its current investment portfolio is geographically diverse Company Presentation and consists of mineral assets and interests in mining and exploration companies. Cape Lambert Resources Limited (ASX:
Slide 2: Mining Indaba: Advancing undervalued mineral assets
Mining Indaba Cape Town, South Africa February 2013 Advancing undervalued mineral assets Tony Sage - Executive Chairman
Slide 3: Progressive Global Mineral Investment Company
Progressive Global Mineral Investment Company Cape Lambert is a diversified mineral investment company listed on the ASX (CFE) Strategic Portfolio Fully funded » Geographically diverse portfolio of » No bank debt mineral assets and interests » Cash in bank at 31 Dec 2012 » Multiple commodities A$49.
Slide 4: Delivering Shareholder Value
Delivering Shareholder Value Strong track record of delivering shareholder value May 2006 Oct 2007 Oct 2008 July 2010 Feb 2011 In specie In specie A$100 million A$44 million On market distribution of distribution of capital/ fully franked buy-back 54 International Global Iron dividend special millio
Slide 5: Business Model & Strategy
Business Model & Strategy Acquire Add Value A Project team that has the > Leverage off strong > “hands on” technical and commercial balance sheet & approach expertise and experience to relationships maximise project development > Explore and > Early stage projects & evaluate project companies consid
Slide 6: Business Model & Strategy
Business Model & Strategy Investment ‘sweet spot’ Grassroots Exploration Appraisal Construction Production exploration Expansion Scoping Value Finance (Share Price) Discovery Start-up PFS BFS Time Pg 5 | February 2013
Slide 7: Project Pipeline
Project Pipeline Quality assets in project pipeline Earmarked for sale Marampa (Fe) Leichhardt – Mt Cuthbert (Cu), Sierra Leone QLD Australia (sale currently being finalised) Exploration projects Sandenia Australis / Mojo (phosphate, Cu, Kukuna (Fe) (Fe) Guinea Sierra Leone Zn), QLD Australia Early
Slide 8: Key Projects and investments
Key Projects and investments Pg 7 | February 2013
Slide 9: West African Emerging Iron Ore Business - The Next Pilbara
West African Emerging Iron Ore Business - “The Next Pilbara” Pg 8 | February 2013
Slide 10: Marampa Iron Ore Project Highlights
Marampa Iron Ore Project Highlights JORC resource of 680Mt at 28.2% Fe, supporting 15Mtpa high quality hematite concentrate production for >15 years. Scoping study for 15Mtpa, standalone open pit mining development complete: » Stage 1 – 2.5Mtpa capex US$435 million; Stage 2 – 15Mtpa capex US$1.93 bi
Slide 11: Marampa Iron Ore Project - Overview
Marampa Iron Ore Project - Overview Location » Republic of Sierra Leone » Large land position (305km2) Ownership » 100% CFE JORC » 4 deposits with 680Mt at 28.2% Fe (15% Fe cutoff) Mineral » Indicated 261Mt at 28.7% Fe and Inferred Resources 419Mt at 27.9% Fe Exploration » >6km of undrilled strike a
Slide 12: Kukuna Iron Ore Project - Overview
Kukuna Iron Ore Project - Overview Location » Republic of Sierra Leone » 68km2 granted licence Ownership » Pinnacle Group Assets (CFE 100%) Exploration » Three target trends with total prospective Target1 strike of ~20km » Exploration target 1 – 2.0 Bt at 30-40% Fe of hematite schist iron ore Produc
Slide 13: Sandenia Iron Ore Project - Overview
Sandenia Iron Ore Project - Overview Location » Republic of Guinea » Two granted exploration permits (608km2) Ownership » Pinnacle Group Assets (CFE 100%) Exploration » Seven exploration targets Target1 prospective for enriched oxide and magnetite BIF » Exploration Target1 1.5 – 2.5 Bt at 25-35% Fe
Slide 14: Rokel Iron Ore Project - Overview
Rokel Iron Ore Project - Overview Location » +2,000km2 of prospective Marampa belt Ownership » Metal Exploration Limited (CFE 100%) Exploration » Hematite schist iron ore. Target » Identified prospect at Kumrabai east of Marampa with strike of 8km » 3 known historical occurrences north of Marampa Pr
Slide 15: Leichhardt Copper Project Highlights
Leichhardt Copper Project* Highlights Existing heap leach, solvent extraction and electrowinning facility at Mt Cuthbert with installed capacity of 9,000tpa of copper cathode. Mineral resource inventory of 10.5Mt at 0.74% Cu of oxide and transitional copper mineralisation (total contained copper ~78
Slide 16: Leichhardt Copper Project - Overview
Leichhardt Copper Project - Overview Location » Mt Isa Inlier, Qld, Australia Ownership » 100% CFE JORC » Oxide and Transitional ore: Resource » Total 10.5Mt at 0.74% Cu (78kt contained Cu) » Indicated 5.7Mt at 0.74% Cu » Inferred 4.8Mt at 0.74% Cu Infrastructure » Mt Cuthbert SX-EW process plant »
Slide 17: Australis Exploration - Overview
Australis Exploration - Overview Location » Northern Territory and NW Qld, Australia Ownership » 100% CFE Holdings » 9 granted Exploration Licences (3,100km2) in Northern Territory » 15 Granted Exploration Licenses (5,700km2) in NW Queensland » 100% of Mojo Mining Pty Ltd, which holds 15 granted Exp
Slide 18: Value Proposition
Value Proposition Asset A$ Value Cash at 31 December 2012 49.6M Cash Receivables and Convertible Notes1 86.8M Equities (mark-to-market)2 44.3M Marampa (100%)3 500M? Leichhardt (100%)⁴ 15M Australis (100%) ? Pinnacle (100%) ? Cape Lambert South (100%) ? Rokel (100%) ? ++695M Notes: 1. Cash receivable
Slide 19: Appendix - Board of Directors
Appendix - Board of Directors Tony Sage Over 26 years experience in corporate Executive Chairman advisory, funds management, capital raisings and management of exploration companies. Tim Turner Over 25 years experience in management Non-Executive Director and business consultancy and a partner in an
Slide 20: Appendix – Key Management
Appendix – Key Management Tony Boucher Metallurgist / Chemist with 25 years experience in the mining General Manager Operations and mining services sectors in Australia. Melissa Chapman Certified practicing accountant with over 13 years experience in Chief Financial Officer the mining industry worki
Slide 21: Appendix - Corporate Snapshot
Appendix - Corporate Snapshot Capital Structure Shareholders Ordinary shares (ASX: CFE) 688M African Minerals Limited 17.7% Top 20 75.9% Market Cap at $0.23 $158M Institutions ~40% Cash and receivables1 $136M Including: Capital World BlackRock Options ($0.29 exp 22 Nov 13) 11.7M Henderson Securities
Slide 22: Attributes
Attributes Competent Persons Statement The information in this report that relates to Exploration Results is based on information compiled by Dennis Kruger, who is a member of the Australasian Institute of Mining and Metallurgy. Dennis Kruger is a consultant to Cape Lambert Resources Limited, and ha
Slide 23: Disclaimer
Disclaimer This presentation has been prepared by Cape Lambert Resources Limited (“Cape Lambert” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as an inducement to make an offer
Slide 24: For Further Information Contact
FOR FURTHER INFORMATION CONTACT Cape Lambert Resources Limited Tony Sage PO Box 1385 Executive Chairman West Leederville WA 6901 Eloise von Puttkammer Ph: +61 8 9380 9555 Investor Relations Email: [email protected] www.capelam.com.au Australian PR UK PR Professional Public Relations Tavistock Comm