Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Hemisphere Resources — Investorium – Sydney (September 2011)
23 slides from Nexus Minerals's conference presentation, Sep 5, 2011
Slide 1: Hemisphere Resources Ltd – Pilbara Iron Projects
HEMISPHERE RESOURCES LTD PILBARA IRON PROJECTS INVESTORIUM – SYDNEY 5 September 2011 WWW.HEMISPHERERESOURCES.COM.AU| | ASX:HEM WWW.HEMISPHERERESOURCES.COM.AU ASX:HEM
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person‟s Statement This document contains forward looking statements. Forward looking statements are not based on historical facts, but are based on Hemisphere's current expectations of future results or events. These forward looking statements are subject to risks, uncertai
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT Shares 70 million Share Price 2 September 2011 AUD 0.20 Treasury (30 June 2011) $10 million Investment: Aruma Resources (ASX: AAJ) 61% Shareholders ~1,000 Top 20 51% WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 4: Experienced Board and Management
EXPERIENCED BOARD AND MANAGEMENT • Mr Paul Boyatzis • Mr Danny Costick Chairman Managing Director • Over 25 years • Mining engineer with experience in the over 25 years investment and operational equity markets. experience, including Founding Chairman production, project of Hemisphere. Corporate Gov
Slide 5: Growing Pilbara Iron Portfolio
GROWING PILBARA IRON PORTFOLIO Projects: – Yandicoogina South Iron Project – Hancock Range Iron Project – Mt Goldsworthy Iron Project – Mt Tinstone Iron Project Strategy: – Resource Growth – Commence production from Company‟s projects when studies completed and necessary approvals obtained. Objectiv
Slide 6: World Class Iron Ore Address
WORLD CLASS IRON ORE ADDRESS WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 7: Yandicoogina South
YANDIGOOGINA SOUTH Maiden JORC-compliant INDICATED RESOURCE (cut-off grade 50% Fe): • 4.3 million tonnes at 55.8% Fe, 7.7% SiO2, 3.3% Al2O3, 0.07% P, and 8.9% LOI; INCLUDING continuous higher grade zone of • 1.9 million tonnes at 58.0% Fe, 5.8% SiO2, 2.8% Al2O3, 0.08% P, and 8.1% LOI. WWW.HEMISPHERE
Slide 8: Yandicoogina South
YANDIGOOGINA SOUTH Open Open . High Grade Intersections including: • 16m @ 58% Fe from surface • 10m @ 60% Fe from 7m WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 9: Yandicoogina South
YANDIGOOGINA SOUTH • Within Weeli Wolli Formation, High Grade outcropping Bedded Iron identified • All rock chips assayed and reported • Grades up to 66%Fe 1.8%SiO2, 1.2%Al2O3 and 0.05%P • Outcrop is within Mining Lease Application Area Rock Easting Northing Fe SiO2 Al2O3 P LOI Chip ID GDA94 GDA94 %
Slide 10: Yandicoogina South
YANDIGOOGINA SOUTH Diamond Core analysis demonstrates favourable metallurgical characteristics, including: DSO quality with low impurities Part of the resource meets criteria to be high grade CID without beneficiation Crushing Work Index supports Low cost sizing potential Upgrading characteristics t
Slide 11: Yandicoogina South
YANDIGOOGINA SOUTH Achieved: Early exploration success to define maiden, JORC high-grade CID Resource Metallurgical Testing confirming DSO potential Additional CID targets identified Mining Lease Application submitted Underway: Heritage Surveys done - awaiting report to enable further drilling Addit
Slide 12: World Class Iron Ore Address
WORLD CLASS IRON ORE ADDRESS WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 13: Hancock Range
HANCOCK RANGE 15km north east of BHPB MAC and 5km north of Hope Downs Outcropping ferruginised BIF Surface enrichment on structure Targeting microplaty Hematite WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 14: Hancock Range
HANCOCK RANGE Achieved: Maiden drilling completed Target Brockman Iron Formation Confirmed; 10km length and over 400m thick Dolerite Dyke interpreted Joffre Member identified Next drilling phase designed Underway: Heritage survey conducted – awaiting report Planned: Drilling to define iron potential
Slide 15: World Class Iron Ore Address
World Class Iron Ore Address WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 16: Mt Goldsworthy
MT GOLDSWORTHY Mt Goldsworthy Project 5km north east of Historic Mount Goldsworthy Mine, 100km east of Port Hedland Third party railway on south boundary of Tenement – potential for access Access via Great Northern Highway Other mines in Nimingarra include Shay Gap, Yarri and Nimingarra Tenement are
Slide 17: Mt Goldsworthy
MT GOLDSWORTHY Achieved: Tenement granted Reviewed historical data On ground fieldwork Ground based gravity survey completed Underway: Modelling of gravity survey results Targeting Gravity High and Magnetic Low Zones Preparing drill plans Securing drilling approvals Planned: Heritage Survey Drilling
Slide 18: World Class Iron Ore Address
World Class Iron Ore Address WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 19: Mt Tinstone
MT TINSTONE 5 km east of Wodgina, strategically located 100km south of Port Hedland Straddling Great Northern Highway CID outcrop over 2km WWW.HEMISPHERERESOURCES.COM.AU | ASX:HEM
Slide 20: Development Milestones
DEVELOPMENT MILESTONES Milestone Status Heritage Surveys and Approvals Ongoing Resource definition and exploration drilling Ongoing Mining Lease Application Submitted – in process Pre Feasibility Study Yandicoogina South Underway Discussions with potential offtake and synergy Underway – strong partn
Slide 21: Positive Market Outlook
POSITIVE MARKET OUTLOOK "Around 100 million tonnes per annum of new supply will need to come online every year for the next eight years to satisfy a staggering increase in demand as markets like China, India, Indonesia, Vietnam and countries in Africa and South America continue to industrialise and
Slide 22: Reasons to Invest
REASONS TO INVEST Highly prospective portfolio of iron projects in world- class Pilbara address Maiden, high-grade JORC resource Opportunity to achieve start-up production of high- grade, low contaminant iron-ore for delivery into niche markets Regional synergy opportunities Regional growth opportun
Slide 23: Thank You – Contact
THANK YOU CONTACT Hemisphere Resources Ltd 24 Colin Street West Perth Western Australia 6872 P:+61 (0) 8 9481 1749 E: [email protected] WWW.HEMISPHERERESOURCES.COM.AU| | ASX:HEM WWW.HEMISPHERERESOURCES.COM.AU ASX:HEM
Hemisphere Resources — Investorium – Sydney (September 2011) on 6ix