Century Iron Corporate Presentation - May 2013

TSX: FERwww.centuryiron.com
Corporate Presentation – May 2013
Sustainable Development
Century Iron Mines Corporation
One of the largest iron resource developers
Targeted to be the next DSO producer in Canada

2
Forward Looking Statement
Except for statements of historical fact, this presentation contains certain “forward-looking information”
within the meaning of applicable securities law. Forward-looking information is frequently characterized by
words such as “plan”, “project”; “intend”, “believe”, “anticipate”, “estimate” and other similar words, or
statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based
on the opinions and estimates of management at the date the statements are made, and are subject to a
variety of risks and uncertainties and other factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking statements. Factors that could cause actual
results to differ materially from those in forward-looking statements include market prices for metals, the
conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of
mineralization and resources, mining rates and recovery rates and the lack of availability of necessary
capital, which may not be available to the Corporation on terms acceptable to it or at all, changes in and
the effect of government policies with respect to mineral exploration and exploitation, the ability to obtain
required permits, delays in exploration and development projects and the possibility of adverse
developments in the financial markets generally, potential environmental issues and liabilities associated
with exploration and development and mining activities. The Corporation is also subject to the specific
risks inherent in the mining business as well as general economic and business conditions. The
Corporation undertakes no obligation to update forward-looking information if circumstances or
management’s estimates should change except as required by law. The reader is cautioned not to place
undue reliance on forward-looking statements. More detailed information about potential factors that
could affect financial results is included in the documents that may be filed from time to time with the
Canadian securities regulatory authorities by the Corporation.

3Century Iron Mines Corporation
FER 2013 Price Chart
Source: Yahoo Finance
0.95
Iron ore spot price: $140/t (Dec 31, 2012) Iron ore spot price: $128/t (May 3, 2013)
Joyce Lake DSO
resource (Mar 7,
2013)
Joyce Lake 1st PEA:
$95M NPV pretax
(Mar 25, 2013)
Duncan Lake PEA:
$4.1B NPV pretax
(Mar 22, 2013)
Block Trade
~3-4Ms
(Mar 28, 2013)
May 9, 2013 Closing: $0.42
Average Daily Volume (3m): 140,305
52 Week Range: $0.30 - $1.98
Market cap: ~$40M (on $44M cash Dec 2012)

Financial Highlights & Capital Structure
Financial highlights (December 31, 2012)
Cash and cash equivalents $43,781,876
Exploration and evaluation assets
Investment in joint venture
$46,700,848
$59,348,401
Capital structure (May 9, 2013)
Shares outstanding 94,474,158
Options (@$2.92) outstanding 9,870,000
Fully diluted 104,344,158
Share Price $0.42
Market capitalization (approximately) $40 million
Share structure
Founding shareholders and directors (excluding management) (Note 1) 31.9%
Management (Note 1) 22.8%
WISCO (approx. 24.5%) and Minmetals (4.9%) – Strategic Partners 29.4%
Public shareholders 15.9%
Total 100.00%
Century Iron Mines Corporation 4(Note 1: Approx 52% subject to voluntary min. lockup of 3 yrs from May 2011 to production)

5
Corporate Structure & Project
Joint Venture
Champion Iron
Mines Ltd.
(TSX: CHM)
Attikamagen
Project
40-44%
56-60%
(Note 2)
Minmetals
Exploration &
Development
(Luxembourg)
Limited S.à.r.l
WISCO
International
Resources
Development
& Investment
Ltd (PRC)
Approx.
5%
Approx.
25%
60%
Sunny Lake
Project
Duncan Lake
Project
Augyva Mining
Resources Inc.
(TSXV: AUV)
35-49%
100%
Four projects
acquired from
Altius Minerals Inc.
(TSX: ALS) (Note 3)
100%
51-65%
(Note 1)
40%
James Bay Area
Duncan Lake
Note 1: Currently a 51% registered interest has funded to a 65% interest under an option and joint venture agreement with Augyva Mining Resources Inc.
Note 2: Currently a 56% registered interest and has funded to a 60% interest under an Option/JV Agreement with Champion Iron Mines Inc.
Note 3: A portion of the Astray has been spun out to Northern Star which will assume the exploration obligations while Century maintains a 20% therein
Century
Iron Mines
Corporation
(TSX: FER)
3
4
 $40M
to earn in
40% for each JV
 60% Off-take
 70% capex to
fund in debt
NI 43-101
Resources
Hayot
Joyce
(DSO)
Full
Moon
Duncan Total
Measured
& indicated
- 10.0 Mt 7.3 Bt 1.1 Bt 8.4 Bt
Inferred 1.7 Bt 5.6 Mt 8.7 Bt 0.6 Bt 11.0 Bt
132
4
2
1
(inBillionsoftonnes)
Iron Ore Projects
20Bt resources under management
Full Moon
Hayot
Joyce

0
5
10
15
20
25
30
2014 2015 2016 2017 2018
DSO Taconite
High Volume
Project Development Roadmap
 A strategy of progressive development of 18Bt well located resources
 Executed by a mining team with outstanding track record starting with Joyce (DSO)
 Targeting a 100Mpta strategic partner & 750Mtpa end user country
6
DSO
Full Moon
Joyce DSO
Production
Mtpa Target
1
2
3
4
Closest distance
Target 2 Mtpa
On capex <$100M
(conceptual illustration)
From closest low Capex high grade DSO projects (target 2015) to high volume & Capex taconite project along strikeTaconiteDSO
Taconite DSO
DSO
1.7Bt (Inferred) 1
2
3
TSH &
QNSL Rail
to Sept Iles
7.3 Bt (M&I)
8.7 Bt (Inferred)
DSO
4
Taconite
10.0 Mt (M&I)
5.6 Mt (Inferred)
Labrador Trough
18km

Joyce Lake DSO Deposit
Resource Category Million Tonnes Grade Tfe%
Measured 5.0 60.44
Indicated 5.0 58.44
Total M & I 10.0 59.45
Inferred 5.6 55.78
Target 2015 Production
 Resource model based on 118 holes
 Assay coverage contains 3,854 assay intervals
totaling 11,739 metres
 Covering an area of 1,100 m along strike and 600m
width
 The mineralization remains open to the south
 Continuing exploration to expand resource
* NI 43-101 Technical Report, Joyce Lake DSO Iron Project
SGS Canada Inc. – Geostat , Claude Duplessis April 18, 2013
Mineral Resource Estimate Summary*
(at 50% Fe cutoff – April 18, 2013)
Resource Highlights

Joyce Lake DSO Deposit
Preliminary Economic Assessment *
Discount
Rate
NPV (pre-tax)
(C$ Millions)
Payback
(pre-tax)
(years)
8% $90.4 2.5
 Pre-tax IRR of 37% (27.1% after-tax)
 2.0 Mtpa of lump (35%) and sinter fines
(65%) production at 62.2% Fe with a
mine life of 4 years (first year: 1Mt) as a
first stage
 Total estimated capital costs (excluding
sustaining capital) of C$96.6 million
 Total estimated operating costs (loaded
in a ship at Port of Sept-Iles) of C$62.8
per tonne of lump and sinter fines
* PEA Study Report , Joyce Lake DSO Project, CIMA+,
Jean-Sebastien Tremblay, May 9, 2013
Note: The PEA is preliminary in nature. It may incorporate inferred
mineral resources which are considered too geologically
speculative to have the economic considerations applied to them
that would enable them to be categorized as mineral reserves.
There can be no certainty that the estimates contained in the PEA
will be realized. In additional, mineral resources that are not
mineral reserves do not have demonstrated economic viability.

Preliminary Economic Assessment*
Opex and Capex
FOB Operating Cost (Note)
$/tonne
Lump/Fines
Mine 21.40
Crushing & Screening Plant 4.35
General and Administration 6.85
Product Hauling 2.82
Rail Yard Operation 0.86
Rail Transportation 22.36
Port Handling 4.16
Total Opex FOB, Sept Iles 62.80
Capital Cost $ millions
Joyce Lake Mine 10.8
Crushing & Screening Plant 10.5
Railroad and Yard (1) 10.3
Rail Cars (2) 20.4
Haulage Road and Infrastructure (1) 24.3
Trucks (2) 6.7
Total Direct Cost 83.0
EPCM at 10% of Direct Cost
(excluding mobile equipment)
5.6
Contingency 10% of Direct Cost 8.0
Total Project Cost 96.6
Highlights:
(1) Infrastructure benefiting
future operation: $35M
(2) Trucks & Ore Cars: $27M
Highlights:
Current Ocean Freight to China $ 20/t
Current Concentrate Spot Price
62% Fe CFR China $ 136/t
PEA FOB price assumptions:
Lump $ 108/t
Sinter fines $ 93/t
(Note): Opex is estimated on FOB Sept Iles basis

Additional DSO Targets
Sunny Lake – Lac Le Fer Section
Prospect #2 Prospect #3
Sample Fe % Mn %
SiO2
% Sample Fe %
Mn
%
SiO2
%
5376 48.6 0.05 31.82 5383 56.4 0.36 15.1
5377 41.1 0.06 35.92 5384 59 0.08 15.42
5378 46.9 0.11 22.28 5385 59.5 0.11 13.9
5379 46.6 0.05 31.78 5386 41.4 0.25 37.48
5380 48.5 0.69 31.68 5387 67.1 0.22 1.88
5381 59.7 0.14 2.76 5388 58.4 0.11 10.65
Prospect #4 5391 50.8 0.55 23.4
9957 66.8 0.3 2.06 5392 63.8 0.22 5.91
9958 55.8 0.06 18.54 5394 57.7 0.17 14.08
Prospect #5 5395 59.4 0.11 13.12
9759 43.3 0.21 34.9 5396 58.8 0.22 4.03
9760 43.5 0.03 35.61 5397 63.3 0.17 6.06
9761 60.2 0.06 11.52 5398 62.1 1.83 5.34
9762 58.8 0.24 13.87 5399 57.6 0.28 14.24
Prospect #6 5400 42.8 4.32 28.43
9763 44.9 2.88 34.02 9751 61.2 2.67 6.98
9764 61.5 0.12 7.93 9752 67.4 0.1 2.27
9765 23.8 0.24 59.9 9753 66.6 0.23 3.46
9766 38.3 0.12 40.51 9961 63.1 0.28 7.72
9767 61.5 0.21 2.67
Fe samples > 55%*
9768 56.7 0.09 10.09
* Assay results from 1951 exploration
program (M. Tremblay)
Century Iron Mines Corporation 10

LLF P3 DSO Target, Mag and Gravity
Completed Holes
Proposed Holes
Completed Holes
LLF-P3-004
62.3% FeT/45.0m
(ended in IF)
LLF P3 DSOLLF-P3-004 Assay
result
Sample
ID
From to
Length
(m)
TFe %
502509 3 9 6 9.48
502510 9 12 3 52.5
502511 12 15 3 56.3
502513 15 18 3 58.5
502514 18 21 3 60.5
502515 21 24 3 60.8
502516 24 27 3 64.5
502517 27 30 3 64.7
502518 30 33 3 64.6
502519 33 36 3 65.3
502520 36 39 3 64.6
502521 39 42 3 64.7
502522 42 45 3 66.2
502523 45 48 3 65.5
502524 48 51 3 67.1
502526 51 54 3 58.3
Naturally enriched >62% grade & good thickness

Full Moon Taconite Deposit, Rainy Lake
First Resource Estimate by SRK
 Resource model based on 124 diamond holes on
22,900 meters (out of total 2010-12 total drilling of
30,941 meters over 148 diamond holes;
 An update resource estimate to come upon
complete results on all holes modeled & analyzed
 11km strike length (open both to the north & south
of the Deposit) & up to 4km across
 Combined true thickness of iron ore units often
exceeds 200m
* Mineral Resource Evaluation, Full Moon Taconite Iron Deposit
SRK Consulting,, Jean-Francois Couture, December 6, 2012
Mineral Resource Estimate*
(at 20% Fe cutoff – December 6, 2012)
Resource category Billion tonnes Grade TFe%
Indicated 7.260 30.18
Inferred 8.694 29.86
Resource Highlights

Full Moon Taconite Deposit
Thicker than usual, better economics
28.4%
341m
30.2%
224m
30.4%
272m
29.1%
234m
31.3%
152m
29.0%
115m
27.9%
242m
2.75km Section Line 0
Usual taconite
thickness 100m
IronOreUnits
IronOreUnitsIronOreUnits
100m

Hayot Lake Iron Project
Domain
Volume Quantity Grade
(Mm3) Mt SG TFe %
Inferred Mineral Resources
LC 60.8 178.8 2.94 23.92
JUIF 125.6 414.9 3.31 31.99
URC 162.6 536.3 3.3 32.89
PGC 100.2 328.8 3.28 32.10
LRGC 80.5 264.4 3.28 31.27
TOTAL 529.6 1,723 3.25 31.25
Mineral Resource Estimate * Nov. 9, 2012
Reported at a cut-off grade of 20% total iron inside a
conceptual pit envelope optimized considering reasonable
open pit mining, processing and selling technical parameters
and costs benchmark against similar taconite iron projects and
a selling price of US$110 per dry metric tonne of iron
concentrate.
* Mineral Resource Evaluation, Hayot Lake Taconite Iron
Project, SRK Consulting (Canada) Ltd., Jean-Francoise
Couture, November 9, 2012
LC
JUIF
URC
PGC LRGC

The Altius iron ore projects have been
divided into four broad groups based on
the geology and iron ore target type:
 Schefferville: potential for direct-shipping ore
(DSO) comprised of soft red hematite-goethite
typical of what was previously mined (and
currently being re-opened) in the Schefferville
camp; also potential for taconite.
 Astray: potential for large resources of taconite as
well as high-grade specularite-rich DSO similar to
Sawyer Lake. A portion of the Astray has been
spun out to Northern Star which will assume the
exploration obligations while Century maintains a
20% therein.
 Menihek: target is large tonnage magnetite-rich
taconite similar in structure and geological setting
to the large Labmag/Kemag deposits to the north.
 Grenville: targets are polydeformed, recrystallized
magnetite-specularite taconite akin to the deposits
mined by IOCC at Carol Lake.
Further Potential of Altius Projects

Transportation – Iron Projects in Labrador Trough
Sept-Iles
Pointe-Noire
Port-Cartier
Ross Bay
Junction
Mont-Wright
Labrador City
Schefferville
Sunny Lake
Attikamagen
Railway Distance:
Schefferville to Ross Bay Junction: 217 km
Ross Bay Junction to Sept-Iles: 356 km
Labrador City to Ross Bay Jct: 58 km
Mont-Wright to Port Cartier: 400 km
0 50 100 km
Adriana
(WISCO)
Altius
Projects
 QNS&L (Common Carrier) runs
573km from Schefferville to Sept-Iles
 Attikamagen to Schefferville: 15km
(from the closest point)
 Joyce Lake targets 1-3Mtpa DSO
• Using existing Railroad
infrastructures: QNS&L & TSR
 Rainy Lake (Full Moon) targets
20Mtpa+
Full Moon
Lac Le Fer
Joyce & Hayot

Port of Sept-Iles: 50Mtpa Expansion
 Largest iron ore exporting port in
Canada - 25.1Mt in 2010
compared to 19.2Mt in 2009
 Port Zone consists of a 10 km
sheltered port zone, with a natural
ocean basin for ships up to
400,000 dwt
 Main port is over 23.2 m in depth
 Accommodates Capesize or
larger vessels
 Fully equipped, can be operated
year-round
 50Mtpa $220M expansion plan
to be completed in 2014 with
more than $100M in commitments
from miners and governments,
$55M from federal government
Alumina
Plant
Multi user Berth
By Port of Sept-Iles
• Natural shelters, deep water for
year-round access by iron ore
ships
• Ability to expand as required
0 500 m
IOC Port

Duncan Lake Iron Project
 10 km south of LG2 regional airport
 50 km south of Radisson
 Hydro Quebec’s LG1 & LG2 within 100 km
 120 km (approx.) from James Bay
 Highway 109 connects Matagami and
Radisson through the property
Mineral Resource Estimate *
(at 16% Fe cutoff – updated Oct0ber 11, 2012)
Resource
category
Million
tonnes
Grade
%
Measured 406 23.9
Indicated 645 24.7
Subtotal 1,050 24.4
Inferred 563 24.7
Well-Established Infrastructure
Duncan
Project
* NI 43-101 Technical Report, The Duncan Lake Iron Project
Met-Chem Canada Inc., Schandra Ibrango, Stephene
Richard, Yves Buro, October 11, 2012

Discount
Rate
NPV* (pre-tax)
(C$ Billions)
Payback
(years)
8% $4.1 4.2
 Pre-tax IRR of 20.1%
 12.0 Mtpa of pellet production at 66.3% Fe with
a mine life of 20 years
 Total estimated capital costs (excluding
sustaining capital) of C$3.8 billion
 Total estimated operating costs (loaded in a
ship at Port of Chisasibi, James Bay) of
C$59.17 per tonne of pellets
* NI 43-101 Technical Report, Preliminary Economic Assessment
of the Duncan Lake Iron Property , Met-Chem Canada Inc., Michel
Bilodeau, Mary Jean Buchanan, Yves Buro, Charles Cauchon,
Daniel Gagnon, Raymond Gaudreault, Daniel Houde, Schadrac
Ibrango, and Stephane Rivard, May 6, 2013
Duncan Lake Magnetite Deposit
Preliminary Economic Assessment* (May 6, 2013)
Note: The PEA is preliminary in nature. It may incorporate
inferred mineral resources which are considered too
geologically speculative to have the economic considerations
applied to them that would enable them to be categorized as
mineral reserves. There can be no certainty that the
estimates contained in the PEA will be realized. In additional,
mineral resources that are not mineral reserves do not have
demonstrated economic viability.

Duncan Lake Magnetite Deposit*
Capex and Opex
Operating Cost
$/tonne
pellet
Mine production 24.02
Concentration and slurry
transportation 16.86
Pellet production and handling 11.45
G&A and site services 4.84
Ship loading 2.00
Total $59.17
Capital Description
Initial Capital
$ Millions
Mine 71
Crusher and ore storage 94
Concentrator 524
Mine and concentrator area
infrastructure 67
Pipeline and water reclaim 311
Pellet plant and infrastructure 1,107
Pellet storage and Infrastructure 309
Port and ship loading 250
Power and communication 180
Service vehicles and equipment 14
Tailings storage and water treatment 40
Indirect costs 363
Contingency 503
Total Initial Capital $3,833

Shipping Considerations
 Commercial shipping in Hudson Bay has
been well established for 70+ years (e.g.
Port of Churchill)
 James Bay water depths permit deep-sea
marine terminal for Capesize vessels, 80-
100 metres in Hudson Bay.
 Up to 150 days of ice-free shipping, year-
round shipping with ice class vessels
 Possible future direct North-West Passage
to Asia
Ongoing Studies
 Identified two locations for port site
 Extensive shipping study is underway
 Partnering with shipping and
engineering companies to work out
logistic options
Duncan Lake Iron Project – Oceanic Shipping
Kuujjuaraapik

Sandy Chim
President
& CEO
Hubert Vallee
SVP, Mine Development & Logistics
Ghislain Arel, Mine Development
Robert Girardin, Logistics
Ivan Wong, CFO
Ricky Chan, VP, Planning & Operations
Claude Britt, Chief Geologist
Michael Skutezky, General Counsel & Corporate Secretary
Bob Leshchyshen, VP, IR & Corporate Development
Management For Success
Mine development & logistics in place for 2015 production
New iron ore mine
development
Resource discovery
& development
China steel mill &
iron ore trading
Capital market &
building materials
Iron ore mining &
logistic operations
Corecompetence,expertise
andexperience

1) DSO Production target 2015
 PEA Capex under C$100M – including rail cars and mining trucks
(60% contribution by Century)
 60% off take to WISCO
 Environmental study underway
 Port of Sept-Iles to be completed March 2014
 Railway access in progress
 Feasibility study underway
2) Presently drilling to expand and sustain DSO operations
3) Full Moon: progressing to complete PEA by Q3
4) Management increased its ownership of FER shares
Summary

 Century is the top six largest
attributable contained iron ore
resource in the world
 Century is trading at the lowest EV per
contained Fe tonne
 Century has more equity interest in
DSO and taconite projects with a
production target of 2015
Source: Company data, Credit Suisse estimates
Credit Suisse Analysis

Bob Leshchyshen
VP, Corporate Development and IR
(416) 977-3188 Ext. 109
bob.leshchyshen@centuryiron.com
CHF Investor Relations
Robin Cook
Senior Account Manager
(416) 868-1079 Ext. 228
robin@chfir.com
Contact Information

Appendices

Comparable Table (based on total resources)
Prepared by: Bob Leshchyshen, MBA, CFA
Companies in the Labrador Trough NI43-101 Resources Disclosed
Stock (Mils) tonnes Proven & Measure
Symbol NI43-101 Resource Estimates Probable & Indicated Inferred Total
ADI Adriana Resources Inc. (1) 0 11,350 12,390 23,740
NML New Millennium Capital Corp. (2) 5,750 14,016 4,405 24,171
CEV Cap-Ex Ventures Ltd. 0 0 7,200 7,200
CHM Champion Iron Mines Ltd. (3) 0 858 5,720 6,577
FEO Oceanic Iron Ore 1,359 1,268 193 2,821
ADV Alderon Resource Corp. 669 1,275 523 2,466
LIM Labrador Iron Mines Holdings Ltd. 0 44.6 5.2 49.8
Major Iron Companies
MT ArcelorMittal (including Baffinland) 2,340 4,903 1,510 8,753
CLF Cliffs Natural Resources (4) 649 1,976 711 3,336
RIO Rio Tinto plc (IOC) (5) 1,374 1,091 1,372 3,837
FER Century Iron Mines Corp. (6)
Duncan Lake 0 1,051 563 1,614
Joyce Lake 0 10.0 5.6 15.6
Hayot Lake 0 0 1,723 1,723
Rainy Lake 0 7,260 8,694 15,953
Total FER 0 8,321 10,985 19,306
Total all companies 12,141 45,101 45,014 102,256
(1) Adriana: WISCO has 60% interest in the property
(2) New Millennium: Tata Steel has 80% interest in all the
properties except Lac Ritchie
(3) Champion: Century and WISCO together have 60%
interest in Hayot Lake property.
(4) Cliffs: WISCO has a 25% interest in Bloom Lake
(5) Rio Tinto PLC has a 58.72% interest in IOC, Mitsubishi
has 26.18% interest and LIORC has a 15.10% interest.
(6) Century: Champion has 40% interest in Hayot Lake,
Augyva has 35% in Duncan Lake and WISCO has 40%
interest in all of the properties.
LIORC = Labrador Iron Ore Royalty Corp.

Comparable Table
(based on attributable resources)
Companies in the Labrador Trough Attributable Tonnes
Contained FE tonnes Fe% Fe% Fe%
Stock (Mils) tonnes Proven & Measure Total Proven & Measure Total Proven & Measure Total
Symbol NI43-101 Resource Estimates Probable & Indicated Inferred Probable & Indicated Inferred Probable & Indicated Inferred Total
ADI Adriana Resources Inc. (1) 0 3,285 3,767 0 28.94% 30.40% 0 1,314 1,507 2,821
NML New Millennium Capital Corp. (2) 1,757 4,121 1,303 30.55% 29.63% 30.31% 351 2,493 813 3,657
CEV Cap-Ex Ventures Ltd. 0 0 2,102 0 0 29.20% 0 0 2,102 2,102
CHM Champion Iron Mines Ltd. (3) 0 172 1,670 0 30.58% 28.49% 0 277 1,320 1,597
FEO Oceanic Iron Ore 438 410 64 32.21% 32.36% 32.90% 438 410 64 912
ADV Alderon Resource Corp. 197 378 154 29.52% 29.68% 29.45% 197 378 154 730
LIM Labrador Iron Mines Holdings Ltd. 0.0 25.2 2.9 0 56.45% 55.42% 0.0 25.2 2.9 28.0
Major Iron Companies
MT ArcelorMittal (including Baffinland) 809 1,471 603 34.56% 30.00% 39.94% 809 1,471 603 2,883
CLF Cliffs Natural Resources (4) 198 595 20 30.55% 30.11% 28.60% 155 534 20 709
RIO Rio Tinto plc (IOC) (5) 522 417 521 38.00% 38.21% 38.00% 307 245 306 858
FER Century Iron Mines Corp. (6)
Duncan Lake 0 256 139 0 24.39% 24.70% 0 100 54 154
Joyce Lake 5.9 3.1 0 59.45% 55.78% 0.0 2.1 1.1 3.3
Hayot Lake 0 0 538 0 0 31.25% 0 0 194 194
Rainy Lake 0 2,191 2,596 0 30.18% 29.86% 0 1,315 1,558 2,872
Total FER 0 2,453 3,277 0 29.45% 29.81% 0 1,417 1,807 3,223
Total all companies 3,921 13,329 13,484 32.30% 29.55% 29.95% 2,257 8,564 8,699
19,52
0

Comparable Table
(based on attributable resources)
Iron Ore Industry in Labrador Trough FE
EV P&P FE
With NI43-101 Resources Close Market Enterprise M&I EV/ Total* EV/
Stock 9-May 52 week Shares Cap Cash Value mils FE mils FE
symbol Name 2013 Low High
O/S
(mils) $mils ($mils) ($mils)
tonnes tonne tonnes tonne
NML New Millennium Capital Corp. (2) $0.95 $0.77 $1.95 180.2 $153.2 $67.8 $90.1 2,844.0 $0.032 3,657.2 $0.025
ADI Adriana Resources Inc. (1) $0.24 $0.22 $0.85 157.6 $37.8 $51.6 ($13.8) 1,314.0 ($0.010) 2,820.6 ($0.005)
CEV Cap-Ex Ventures Ltd. $0.095 $0.07 $0.60 75.8 $7.2 $2.3 $5.1 0.0 n/a 2,102.4 $0.002
CHM Champion Iron Mines Ltd. (3) $0.22 $0.19 $1.35 119.9 $26.4 $6.6 $19.8 276.7 $0.072 1,597.1 $0.012
FEO Oceanic Iron Ore Corp. $0.10 $0.095 $0.30 196.6 $19.7 $3.4 $19.4 848.2 $0.023 911.9 $0.021
ADV Alderon Resource Corp. $1.07 $1.00 $2.82 130.1 $139.3 $44.5 $94.7 575.7 $0.165 729.6 $0.130
$383.5 $176.3 $215.4 5,858.6 $0.037 11,818.8 $0.018
FER Century Iron Mines Corp. (4) $0.42 $0.30 $1.98 94.5 $39.7 $43.8 ($4.1) 1,416.7 ($0.003) 3,223.4 ($0.001)
* Total includes Proven and Probable, Measure and Indicated and Inferred Resources.
(1) Adriana: Wisco has 60% interest in the property
(2) New Millennium: Tata Steel has 80% interest in all the properties except Lac Ritchie
(3) Champion: Century and WISCO together have 60% interest in Hayot Lake property.
(4) Century: Champion Iron Mines has 40% interest in Hayot Lake, Augyva Mining Resources has
35% in Duncan Lake and WISCO has 40% interest in all of the properties.

108 112 127 128 137 162 181 185 197 210 21915 34 44 54 70 82 93 103 113
200
296 288 229
285
312
310 323 336 344 353
167
177 191 217
239
248
269
283
300
308 317
326
384
444
628 619
687
761
845
933
1,008
1,079
781
852 837
930
1,032
1,094
1,119
1,241
1,356
1,442
1,530
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2006 2007 2008 2009 2010 2011 2012 2013F 2014F 2015F 2016F
Rio Tinto Vale FMG BHP China Demand World Seaborne
Big 3
produced
more than
China
bought
China is
expected to
buy more
from the big 4
than they can
produce
The big 4 have dominated the supply side, but even they can’t
keep up with China’s growing reliance on seaborne ore. This
creates room for new suppliers.
Source: CRU
Mtpa

92 111 148 208
275 326 383 444
628 619
687 745
148
176
210
232
299
353
406
382
303
409
415
398
0
20
40
60
80
100
120
140
160
180
200
Jan-01
May-01
Sep-01
Jan-02
May-02
Sep-02
Jan-03
May-03
Sep-03
Jan-04
May-04
Sep-04
Jan-05
May-05
Sep-05
Jan-06
May-06
Sep-06
Jan-07
May-07
Sep-07
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
0
200
400
600
800
1000
1200
1400
Import Iron
Implied Domestic Concentrate
Spot Price
31
US$ /tMtpa
China’s iron ore sources vs spot prices
China’s growing reliance on imports
Buying 70% of seaborne iron ore
Source: Index Mundi, CenturyCentury Iron Mines Corporation

693
110
726
255
981
182
527
709
449
1,158
29
48 77
87 164
0
500
1000
1500
2000
2500
2002 2002-2012
Growth
2012 2012-2021
Growth (CRU)
2021 (CRU)
ROW China India
904
685 1,512
813
Developing Countries
Driving Future Steel Growth
2303
Mtpa
Other
developing
economies
183
Developed
economies 72
Over the next 10 years:
 Developing economies drive growth
 Ex-China developing countries contribute 1/3
of global growth and > 1/2 of China’s growth
for the same period
 China, though slowing down, still contributes
58% of tonnage growth
Source: World Steel Association, CRU, CenturyCentury Iron Mines Corporation 32

95 101 109 115 124 129 152 182 222 273 356 421 490 512 577 637 683 709 749 770 806 838
22 24 24 23 24 27 27 29
32
33
46
49
53 58
64
68
72 77
80 86
92 98
635 625 666 639 641 694 672 693
716
756
745
779
804 771 595
723
735 726
741
801
825
848
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
World Ex-
China/India
India
World production went from 100Mtpa in 1927 to 700Mtpa+ in 1974:
47 years, a world war & baby boom
China’s growth from 101Mtpa in 1996 to 709Mtpa in 2012:
Just 16 years in peace time
Source: World Steel Association, CRU, CISA, Century
Global Crude Steel Production Trend
Mtpa
A matter of Size & Speed

Profile raising $600M
 BFS
 70% debt financing
 60-70% product presold
 Lead order of $900M from
partner (top up)
 FER valuation supported by
BFS & very substantial
resources/reserves
Production Capex: $5B
Shared pro-rata JV
financing with SOE
Financing Strategy Illustration
A User-Banker Model With Strategic Partner
34
inmillionsof$
FER financing
Total project
development &
production cost
70%
18%
12%
50 100
3500
900
600 5150
0
1000
2000
3000
4000
5000
6000
Fund source from
SOE strategic
partnership

Iron Ore Spot Price Trend
Closing price @ May 3rd, 2013
$128.10
$17.65
$110.45
Spot Freight Rate (Brazil-China)

Schefferville Projects: Location & Geology
MI&I 3.46 Bt @ 31.24%
Fe (average)
MI&I 5.13 Bt @ 29.4%
Fe (average)
Proven classic iron formation in a mining camp
* Information regarding reserves, resources and production capacity are from management and publicly available sources including press releases and NI 43-101 technical reports filed on
www.sedar.com. Century has not confirmed the resource and reserve data and it cannot be relied upon.
10.0 Mt @ 59.45% Fe (M&I)
5.6 Mt @ 55.78% Fe (Inf)
11.35 Bt @ 28.94% Fe (M&I)
12.39 Bt @ 30.40% Fe (Inf)
Hayot Taconite Deposit
1.72 Bt (Inf) @ 31.25% Fe
Central Section, Labrador
Trough
Knob Lake Group
Sokoman Iron Formation,
equivalent to Wabush Iron
Formation at South
Adriana (WorldLink & WISCO)
New Millennium (Tata Steel)
Schefferville
Otelnuk
Deposit*
Labrador
Trough
Lac Le Fer DSO target
Joyce Lake
DSO Projects:
Tata/MNL –
Capex: C$560m
Century’s
Projects
LabMag*
KéMag* Joyce Lake
DSO
Full Moon Taconite
Deposit
7.3 Bt @ 33.18% Fe (M&I)
8.7 Bt @ 29.86% Fe (Inf)

Century Iron Corporate Presentation - May 2013

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Century Iron Corporate Presentation - May 2013