SHD Area C Bulk Sample Pit
Mine Operating Plan
11 September 2013
Barry Coulter – Executive Chairman
1Sherwin Iron
Project Highlights
 Site Infrastructure established
 Mining
◦ HG ore of 80kt at 59.5% Fe mined from pit stage 1;
◦ Pit S...
Project Highlights
 First shipment of 70,000 t fines by 20 Sept
2013 (includes ship loading)
 Second shipment of 70,000 ...
Bulk Sample Pit Project – Mine Operating Plan
1. Introduction
2. Operation Chart and Manning
3. Site Infrastructure
4. Gra...
Introduction – Location Map
6
• Area C Bulk Sample Pit
• – 400,000 tonnes Iron ore to be
mined, crushed and transported to...
Introduction - Project Characteristics
Element Description
Life of project (bulk sample
production).
7 months
Extraction q...
2 - Operation Manning
 SHD
1. Mine Manager (or Project Manager)
2. Technical Staff (Engineers, Geologists and PitTechnici...
Area C Bulk Sample Project
Completion of Access Road from Roper Hwy to
Site
9Sherwin Iron
Area C Buck Sample Project Area
Sherwin Iron 10
Pit
ROM, mobile
crusher and
stockpile Area
3 – Site - Pit Area
11
Open Pit
Crusher/Screen
3 – Site Crusher and Stockpiles
12
Crushed Ore
stockpile
HG Ore ROMCrusher/Screen
3 – Material Management Procedure
 Top soil to be used as bund wall
protection with 3m bench from the pit
crest
 Overbur...
4 Grade Control Description
 RC Drill -- 12.5m spacing over Stage 1 to 4 pits.
 Drill from Stage 1 to Stage 4.
 Over 30...
6 – Mining Sequence and Activities Procedure
1. Drilling and Blast Overburden
2. Overburden removal
3. Grade control drill...
MinedTopo25July2013
MiningPlan–August2013
Surface Miner Mining
7 Crushing In August/Sept 2013
 Mining ore of 58.5% Fe from stage 1 and
59.5% from stage 2 to ROM to ROM
 Mining some MG...
8 - Haulage
 Triple Roadtrains working two shifts
 Haulage distance of 575km from mine site to Darwin
Port
 Split haul ...
Locations Plan – Site to Darwin Port
20
9 – Shipping Specifications
 Predicted First Shipment Fines Product Specifications
◦ Fe: 60.0%
◦ SiO2: 10.0%
◦ Al2O3: 1.5...
Darwin Port Iron Ore Stockpile
Unit 4, 4 Shepherd Street, Darwin NT 0800
Telephone: +61 8 8941 3844 Fax: +61 8 8941 4355
www.sherwiniron.com.au
Rodney Il...
Barry Coulter, Sherwin Iron Limited - SHD Area Bulk Sample Pit Ming Operating Plan
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Barry Coulter, Sherwin Iron Limited - SHD Area Bulk Sample Pit Ming Operating Plan

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Barry Coulter, Sherwin Iron Limited delivered the presentation at the 2013 Mining the Territory Conference.

Mining the Territory Conference is part of the Northern Territory Resources Week. It provides the perfect platform for stakeholders in the NT mining industry to hear the latest information on this booming region.

For more information about the event, please visit: http://www.miningnt.com.au/miningnt2013conference

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Barry Coulter, Sherwin Iron Limited - SHD Area Bulk Sample Pit Ming Operating Plan

  1. 1. SHD Area C Bulk Sample Pit Mine Operating Plan 11 September 2013 Barry Coulter – Executive Chairman 1Sherwin Iron
  2. 2. Project Highlights  Site Infrastructure established  Mining ◦ HG ore of 80kt at 59.5% Fe mined from pit stage 1; ◦ Pit Stage 2 Overburden mining commence; ◦ Surface Miner will commence from mid Sept; ◦ 100kt HG will be mined July and August 2013.  Crushing  HG ore of 60kt crushed with product of Fines at 60.3% Fe and Lump at 59.0% Fe;  Crushing rate of 3kt/day with day shift only;  Crushing capacity of 6kt/day with day and night shifts;  Total 70kt HG will be crushed to produce 53kt Fines and 17kt Lump in July and August .  Haulage  40kt HG Fines hauled to Darwin Port by the end Aug;  22 road-trains with 3,00t/day now;  75kt Fines will be hauled to Darwin Port by 10 Sept 2013.
  3. 3. Project Highlights  First shipment of 70,000 t fines by 20 Sept 2013 (includes ship loading)  Second shipment of 70,000 t fines by 15 Oct  Third shipment of 70,000 t fines by 10 November 2013
  4. 4. Bulk Sample Pit Project – Mine Operating Plan 1. Introduction 2. Operation Chart and Manning 3. Site Infrastructure 4. Grade Control 5. Stockpile Management 6. Mining 7. Crushing 8. Road Train Haulage 9. Shipping Specifications 5
  5. 5. Introduction – Location Map 6 • Area C Bulk Sample Pit • – 400,000 tonnes Iron ore to be mined, crushed and transported to Darwin Port Katherine Project C
  6. 6. Introduction - Project Characteristics Element Description Life of project (bulk sample production). 7 months Extraction quantities: Ore ( High Grade DSO) Waste+ MG + LG Total 400,000 tonnes. 1,600,000 tonnes . 2,000,000 tonnes Depth of mine pit 5-23 metres below ground surface Area of disturbance (including pit, associated infrastructure and access). 28 hectares Construction of Haul Road between Roper Highway to Mine site Completed Operations Status Mining, Crushing and Haulage 7
  7. 7. 2 - Operation Manning  SHD 1. Mine Manager (or Project Manager) 2. Technical Staff (Engineers, Geologists and PitTechnician) 3. 10 Staff  Balmoral 1. Site Supervision and Management 2. Mechanics & Services 3. 30 mine operators 4. 22 roadtrains 24/7 5. Total SHD and Balmoral staff 60 6. Indigenous workforce 19 8
  8. 8. Area C Bulk Sample Project Completion of Access Road from Roper Hwy to Site 9Sherwin Iron
  9. 9. Area C Buck Sample Project Area Sherwin Iron 10 Pit ROM, mobile crusher and stockpile Area
  10. 10. 3 – Site - Pit Area 11 Open Pit Crusher/Screen
  11. 11. 3 – Site Crusher and Stockpiles 12 Crushed Ore stockpile HG Ore ROMCrusher/Screen
  12. 12. 3 – Material Management Procedure  Top soil to be used as bund wall protection with 3m bench from the pit crest  Overburden waste to be utilised for construction of ROM pad, road and other earthworks  Low grade material to be stockpiled inside pit area  Medium grade and high grade ore to be stockpiled separately on ROM pad 13
  13. 13. 4 Grade Control Description  RC Drill -- 12.5m spacing over Stage 1 to 4 pits.  Drill from Stage 1 to Stage 4.  Over 300 holes for at least 4000m in total  Drill test both high grade layers and +2m.  0.25m depth sampling including 0.5m either side of ore  Submit in pit ore zone samples to NTEL for assay  Retain samples in ore below pit for future assay  RL Survey of all drill RC collars  Leave a 0.5m waste cover at base of pre strip  AlignTrimble/Vecta to same Datum 14
  14. 14. 6 – Mining Sequence and Activities Procedure 1. Drilling and Blast Overburden 2. Overburden removal 3. Grade control drilling 4. Ore Mining by layers 5. Mining Sequence – Stage 1, 2, 4 and 3 15 Stage 1 Stage 2 Stage 4 Stage 3
  15. 15. MinedTopo25July2013
  16. 16. MiningPlan–August2013 Surface Miner Mining
  17. 17. 7 Crushing In August/Sept 2013  Mining ore of 58.5% Fe from stage 1 and 59.5% from stage 2 to ROM to ROM  Mining some MG  HG (high grade) crushing ◦ Target crusher feed at 59.0% Fe ◦ Expect lump at 58.5% Fe ◦ Expect fines at 60.4% Fe  Increase crushing rate to 6kt/day .
  18. 18. 8 - Haulage  Triple Roadtrains working two shifts  Haulage distance of 575km from mine site to Darwin Port  Split haul with decoupling-recoupling at Mataranka  8 Roadtrains from Site to Mataranka return  16 Roadtrains from Mataranka to Darwin return  DetailedTraffic Management Plan for Roper Highway haulage (escorted convoys, signage)  Upgrade Roper High Way maintenance contract awarded  Balmoral and traditional land owner joint venture road maintenance being established 19
  19. 19. Locations Plan – Site to Darwin Port 20
  20. 20. 9 – Shipping Specifications  Predicted First Shipment Fines Product Specifications ◦ Fe: 60.0% ◦ SiO2: 10.0% ◦ Al2O3: 1.5% ◦ P: 0.01% ◦ S: 0.01% ◦ MgO: 0.07% ◦ LOI: 2.0% 21
  21. 21. Darwin Port Iron Ore Stockpile
  22. 22. Unit 4, 4 Shepherd Street, Darwin NT 0800 Telephone: +61 8 8941 3844 Fax: +61 8 8941 4355 www.sherwiniron.com.au Rodney Illingworth – Rodney.Illingworth@sherwiniron.com.au 23
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