Century Iron Mines Corporation | Corporate Presentation | November 2012
Speaker: Sandy Chim, C.A., Director, President and Chief Executive Officer
Company Information:
as of Nov 2012
TSX Venture: FER
52-Week high/low: C$0.92-C$2.50
Market Cap: C$97.0m
Recent Price: C$1.02
Shares: 94.9 million
Fully Diluted: 103.8 million
Website: www.centuryiron.com
Century Iron is Canada’s largest holder of iron ore land claims in a public company, with interests in several properties in the Provinces of Quebec and Newfoundland & Labrador. Century’s vision is to exploit its large property asset base to become one of the country’s largest iron ore producers.
Century has structured a unique strategic formula to pave the way to achieving its vision: It has attracted
WISCO and MinMetals, two of the largest Chinese state-owned enterprises, as equity investors and strategic partners (25% and 5% respectively). WISCO is a further 40% JV investor in individual projects, and these partners have committed to 60‑70% off-take agreements for future product. They will also procure to provide up to 70% of production capex on positive feasibility, in the form of nondilutive debt financing for the Canadian company.
Objective Capital's Industrial Minerals & Metals Resources Investment Forum 2012
Ironmongers' Hall, City of London
6 November 2012
Speaker: Alan Cruickshank, Gensource
Objective Capital's Industrial Minerals & Metals Resources Investment Forum 2012
Ironmongers' Hall, City of London
6 November 2012
Speaker: Catherine Feore, Adroit Resources
Objective Capital's Global Resources Investment Forum 2012
Ironmongers' Hall, City of London
25 September 2012
Speaker: Richard Williams, Helio Resource
Objective Capital's Global Resources Investment Forum 2012
Ironmongers' Hall, City of London
25 September 2012
Speaker: Gary Billingsley, Great Western Minerals
Objective Capital's Africa Resources Investment Congress 2012
Ironmongers' Hall, City of London
12 June 2012
Speaker: Tim Williams, Andiamo Exploration
Objective Capital's Africa Resources Investment Congress 2012
Ironmongers' Hall, City of London
12 June 2012
Speaker: Dr Peter Ruxton, Gentor Resources
Objective Capital's Africa Resources Investment Congress 2012
Ironmongers' Hall, City of London
12 June 2012
Speaker: Ed Coughlan, Business Monitor International
Objective Capital's Commonwealth Resources
Investment Foum 2012
Ironmongers' Hall, City of London
22 May 2012
Speaker: David Hatch, Navigator Resources
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
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I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Objective Capital's Industrial Minerals & Metals Resources Investment Forum 2012
Ironmongers' Hall, City of London
6 November 2012
Speaker: Alan Cruickshank, Gensource
Objective Capital's Industrial Minerals & Metals Resources Investment Forum 2012
Ironmongers' Hall, City of London
6 November 2012
Speaker: Catherine Feore, Adroit Resources
Objective Capital's Global Resources Investment Forum 2012
Ironmongers' Hall, City of London
25 September 2012
Speaker: Richard Williams, Helio Resource
Objective Capital's Global Resources Investment Forum 2012
Ironmongers' Hall, City of London
25 September 2012
Speaker: Gary Billingsley, Great Western Minerals
Objective Capital's Africa Resources Investment Congress 2012
Ironmongers' Hall, City of London
12 June 2012
Speaker: Tim Williams, Andiamo Exploration
Objective Capital's Africa Resources Investment Congress 2012
Ironmongers' Hall, City of London
12 June 2012
Speaker: Dr Peter Ruxton, Gentor Resources
Objective Capital's Africa Resources Investment Congress 2012
Ironmongers' Hall, City of London
12 June 2012
Speaker: Ed Coughlan, Business Monitor International
Objective Capital's Commonwealth Resources
Investment Foum 2012
Ironmongers' Hall, City of London
22 May 2012
Speaker: David Hatch, Navigator Resources
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
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How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
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Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
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I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
1. Century Iron Mines Corporation
Corporate Presentation November 2012
The largest iron ore resource (attributed) & iron claims owner & developer
www.centuryiron.com Sustainable Development TSX: FER
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.
Century Iron Mines Corporation 2
3. Iron Ore Price Trend Update
Monthly Average Spot Price (1) Price pressure:
(62%Fe CFR Tianjin) Construction industry
200 slowdown—result of months of
$122/t
(16 Nov, 2012)
property price inflation controls
180
Low steel prices squeezing
160 margins on mills
140 Destocking—accelerated by
transformation from CIF spot to
US$ per tonne
120
physical spot
100 No recovery in export markets
80
(especially Europe)
60
Positive outlook:
1 trillion RMB fiscal program
40 announced
20 FOB Spot CRF Tianjin New leadership continuing
domestic/fixed asset
0
investment‐driven policy
Oct-07
Jan-08
Apr-08
Oct-08
Jan-09
Apr-09
Oct-09
Jan-10
Apr-10
Oct-10
Jan-11
Apr-11
Oct-11
Jan-12
Apr-12
Oct-12
Jul-08
Jul-09
Jul-10
Jul-11
Jul-12
Prices still at historic highs
compared with pre‐crisis level
(1) FOB annual benchmark price prior to Q4 2008; thereafter CIF spot price
Century Iron Mines Corporation 3
4. Half the world is growing
Crude Steel Production
Increase 2011 vs. 2012
China and India (half of 7.00%
(Jan – Aug)
world production) are 6.00% 5.71%
growing and the other
half shrinking overall 5.00%
Developing countries 4.00%
taking the lead going
3.00%
forward
Jan-Aug Jan-Aug Increase 2.00%
(‘000 tonnes) 2011 2012 % 1.22%
China 470,855 476,615 1.22% 1.00% 0.60%
India 47,956 50,696 5.71% -0.49%
ROW 493,377 490,948 -0.49% 0.00%
Global 1,012,188 1,018,259 0.60% -1.00% China India ROW Global
Century Iron Mines Corporation 4
5. Developing Countries
Driving Future Steel Growth
Mtpa Over the next 10 years:
Developing economies drive growth ROW China India
2500 Ex-China developing countries contribute 1/3 813 2303
of global growth and > 1/2 of China’s growth 92 164
for the same period
2000 China, though slowing down, still contributes 475
58% of tonnage growth
640 1490 246 1158
1500 51 72
532 683
1000
850 21 57 Other
151 developing 177
500 economies
981
678 735 Developed
economies 69
0
2001 2001-2011 2011 2012-2021 2021 (CRU)
Growth Growth (CRU)
Century Iron Mines Corporation Source: World Steel Association, CRU, Century 5
6. China’s growing reliance on imports
Buying 70% of seaborne iron ore
Iron ore imports to China as % of total
consumption—12-month rolling
Under the current
comparison Five Year Plan,
90.0% “China targets
80.0%
70.0% to import 50%
60.0%
50.0% of its iron ore
40.0%
30.0% from Chinese-
20.0%
10.0%
owned mines
0.0% elsewhere in the
world”
(CISA)
61.4%
2010-11 61.4 2011-12 65.6%
Century Iron Mines Corporation 6
7. Financial Highlights & Capital Structure
Financial highlights (Sept. 30, 2012)
Cash and cash equivalents $41,442,432
(Closed first WISCO JV, received $20M Sept 27, 2012)
Exploration and evaluation assets $42,846,544
Investment in joint venture $59,548,098
Capital structure (Nov 13, 2012)
Shares outstanding 94,864,071
Warrants and options (@$2.92) outstanding 8,954,027
Fully diluted 103,818,098
Share Price $1.03
Market capitalization (approximately) $98 million
Share structure
Founding shareholders and management (voluntary lock-up) 53.94%
WISCO (approx. 25%) and MinMetals (5%) – Strategic Partners 30.00%
Public shareholders 16.06%
Total 100.00%
Century Iron Mines Corporation 7
8. Corporate Structure & Project
Iron Ore Projects
20Bt resources under management
Approx. Approx.
WISCO 25% 5% Full Moon
International
Century Minmetals
Resources Exploration &
Development Iron Mines Development
3
& Investment Corporation (Luxembourg) Hayot
Ltd (PRC) (TSX: FER) Limited S.à.r.l
Joyce
$120M 40% 60% 100% 2
to earn in
40% JVs Four projects
60% Off-take acquired from
70% capex to Altius Minerals Inc.
fund in debt Joint Venture (TSX: ALS) 4
Champion Iron 40-44%
56-60% 51-65% Augyva Mining
35-49% 4
Mines Ltd. (Note 2) (Note 1) Resources Inc.
(TSX: CHM) 100% (TSXV: AUV)
Attikamagen Sunny Lake Duncan Lake
Project Project Project
2 3 1
(in Billions of tonnes)
NI 43-101 James Bay Area
Hayot Full Moon Duncan Total
Resources
Measured &
indicated - 7.3 Bt 1.1 Bt 8.4 Bt 1
Duncan Lake
Inferred 1.7 Bt 8.7 Bt 0.6 Bt 11.0 Bt
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. 8
9. Financing Strategy Illustration
A User-Banker Model With Strategic Partner
6000 Production Capex: $5B
5150 Shared pro-rata JV
600
5000 financing with SOE
900 12%
in millions of $
Fund source from
18% SOE strategic
4000 partnership
3500
Total project
70% development &
3000
production cost
FER financing
2000
Profile raising $600M
BFS
1000 70% debt financing
60-70% product presold
50 100 Lead order of $900M from
0 partner (top up)
FER valuation supported by
BFS & very substantial
resources/reserves
Century Iron Mines Corporation 9
10. Project Development Roadmap
A strategy of progressive development of 18Bt well located resources
Executed by a mining team with outstanding track record
Targeting a 100Mpta strategic partner & 700Mtpa end user country
(conceptual illustration)
Full Moon Taconite 30
4 7.3 Bt (M&I) Production Full Moon
8.7 Bt (Inferred) Mtpa Target High Volume
25
3 4
Lac Le Fer DSO
20
15
2 Hayot
Taconite DSO
DSO 10
1.7Bt (Inferred) Joyce
Joyce
18.5km Closest distance 3
5 Target 1mtpa
1 2
Schefferville 1 DSO
0
TSH & 2014 2015 2016 2017 2018
QNSL Rail
Labrador Tough to Sept Iles DSO Taconite
DSO Taconite project along strike
From closest low capex high grade DSO projects (target 2015) to high volume & capex taconite
Century Iron Mines Corporation 10
11. Schefferville Projects: Location & Geology
Proven classic iron formation in a mining camp
Adriana (WorldLink & WISCO)
Otelnuk MI&I 11.35 Bt @
Deposit*
28.9% Fe (average)
7.3 Bt @ 33.18% Fe (M&I) Labrador
8.7 Bt @ 29.86% Fe (Inf) Trough
Central Section, Labrador
Trough
Knob Lake Group
Full Moon Deposit
Rainy Lake Section Full Moon: Taconite
Sokoman Iron Formation,
equivalent to Wabush Iron
Formation at South
Lac Le Fer Section
New Millennium (Tata Steel) Prospect 3: DSO
MI&I 3.46 Bt @ 31.24%
Attikamagen Hayot 1.72 Bt @
Fe (average) KéMag*
31.25% Fe (average)
MI&I 5.13 Bt @ 29.4% LabMag* Joyce Lake: DSO
Fe (average) Hayot Lake: Taconite
DSO Projects:
Tata Steel investing Century’s
up to C$300m
Schefferville
Projects
* 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.
Century Iron Mines Corporation 11
12. Attikamagen – Joyce Lake: DSO
Target 2015 Production Confirming grades & thickness
Selected Composite Assay results
L5N L4N L3N L2N Joyce Lake From To Core* Grade
L1N Hole No. (m) (m) Length (m) FE%
L0 JOY-11-06 3 142 139 52.80
includes 96 138 42 64.19
JOY-11-07 12 93 91 52.46
includes 12 54 42 65.26
JOY-11-23 2 129 127 50.65
includes 48 81 33 61.15
and 102 114 12 66.28
2011: drilled 40 holes totalling 5,159 m
* Core lengths are down hole length and not true widths of the
mineral zones.
More typical grades & thickness
Selected Composite Assay results
Joyce Lake From To Core* Grade
Hole No. (m) (m) Length (m) FE%
JOY-12-85 90 132 42 59.80
JOY-12-103 63 102 39 61.02
JOY-12-104 57 123 66 62.75
JOY-12-105 72 93 21 66.40
JOY-12-107 39 75 36 63.52
JOY-12-110A 105 129 24 62.05
JOY-12-111 93 150 57 66.72
JOY-12-117 117 150 33 63.41
2012: drilled 74 holes totalling 7,807 m
Century Iron Mines Corporation 12
13. Drill Sections at Joyce Lake DSO Prospect
Line 4+50N
Line 4N
Line 3+50N
OBD
Mixed
Line 3N
TFe 32%
Trench near Joy 12-65
Leached
DSO TFe > 64%
Line 2N
Century Iron Mines Corporation 13
16. Full Moon Taconite Deposit, Rainy Lake
First Resource Estimate by SRK
SRK Mineral Resource Estimate Summary
(at 20% Fe cutoff – October 22, 2012)
Resource category Billion tonnes Grade TFe%
Indicated 7.260 30.18
Inferred 8.694 29.86
Resource Highlights
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
Century Iron Mines Corporation 16
17. Full Moon Deposit
Thicker than usual, better economics
2.75km Section Line 0
29.0% 31.3% 29.1% 30.4% 30.2% 28.4% 27.9% Usual taconite
115m 152m 234m 272m 224m 341m 242m thickness 100m
Iron Ore Units
Iron Ore Units
Iron Ore Units
Century Iron Mines Corporation 17
18. Hayot Lake Iron Project
Mineral Resource Statement Sept 25, 2012
Volume Quantity Grade
Domain
(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
LC
JUIF Reported at a cut-off grade of 20% total iron inside a
URC conceptual pit envelope optimized considering
PGC LRGC 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.
Century Iron Mines Corporation 18
19. Further Potential of Altius Projects
The Altius iron ore package has 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 DSO comprised of high-grade specularite-
rich DSO similar to Sawyer lake.
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.
Century Iron Mines Corporation 19
20. Transportation – Iron Projects in Labrador Trough
QNS&L (Common Carrier) runs
573km from Schefferville to Sept-Iles
Full Moon
Adriana
(WISCO) Lac Le Fer Attikamagen to Schefferville: 15km
Sunny Lake (from the closest point)
Attikamagen Joyce & Hayot Joyce Lake targets 1-3Mtpa DSO
Schefferville
• Using existing Railroad
Altius
Projects infrastructures: QNS&L à, TSR
Ross Bay Rainy Lake (Full Moon) targets
Junction
Labrador City 20Mtpa+
Mont-Wright
Sept-Iles
Pointe-Noire
Port-Cartier
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
0 50 100 km
Mont-Wright to Port Cartier: 400 km
Century Iron Mines Corporation 20
21. 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
IOC Port 400,000 dwt
Multi user Berth
By Port of Sept Iles Main port is over 23.2 m in depth
Accommodates Capesize or
larger vessels
Alumina
Plant
Fully equipped, can be operated
year-round
50Mtpa $220M expansion plan
to be completed in 2014 with
more than $100M in commitments
• Natural shelters, deep water for from miners and governments,
year-round access by iron ore
0 500 m ships $55M from federal government
• Ability to expand as required
Century Iron Mines Corporation 21
22. Duncan Lake Iron Project
Well-Established Infrastructure
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 Summary
(at 16% Fe cutoff – updated Aug 27, 2012)
Duncan
Project Resource Million Grade
category tonnes %
Measured 406 23.9
Indicated 645 24.7
Subtotal 1,050 24.4
Inferred 563 24.7
Century Iron Mines Corporation 22
23. Duncan Lake Project – Land Transportation
Kuujjuaraapik
Pipeline Solution in a Robert-Bourassa, the world’s 10th - (about
200km)
largest hydroelectric power plant
Well-Studied Area
A planned 150km slurry pipeline1
between the hydro plant in
Radisson and the slurry receptor
LG2
plant on James Bay.
LG1
Based on historic data and
compared with similar existing
pipeline systems in commercial DUNCAN
operations, the operating cost is PROJECT
estimated at US$1.00~1.25 per
tonne2
Quebec government plans
identify a proposed nearby deep-
water port location at Kuujjuaraapik
Note: 1) Where the pipeline crosses junctions or rivers, it will be constructed
(200km north of Duncan Project) above-ground with insulation or heat tracing techniques to reduce the negative
operational impact of extreme cold. 2) Based on publicly available sources and
management calculations.
Century Iron Mines Corporation 23
24. Duncan Lake Project – Oceanic Shipping
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
Kuujjuaraapik Ongoing Studies
Identified two locations for port site
Extensive shipping study is underway
Partnering with shipping and
engineering companies to work out
logistic options
Century Iron Mines Corporation 24
25. 2012-3 Exploration Milestones
2015 Target Production: Joyce
Meters Meters to
production from other targets thereafter
2015 Production from Joyce enhancing
Resources
Project Completed complete in PEA
calculation target
(September) 2012
1.05(M+I)+.56(I) Bt
Duncan 54,306 Completed Aug 27, 2012
Q4 / Q1 2013
7.3 (M+I)+8.7 (I) Bt
Full Moon 26,187 2,500 Oct 22, 2012 Q2‐Q3 2013
Update Q1 2013
Joyce Lake DSO 13,329 1,000 Q4 2013
LLF P3 DSO 826 7,000 * 2013 2013
1.72Bt (I) To be developed with
Hayot Taconite 6,286 Completed Sept 25, 2012 Full Moon in concert
Altius Gravity, EM, mapping and orientation drilling
Simultaneous parallel exploration / development strategy
Achieving near-term cash flow & enhancing future world scale development of taconite / magnetite
* Planned meters subject to agreement with local First Nations and to be executed over fall 2012 to 2013
Century Iron Mines Corporation 25
26. Management For Success
Mine development & logistics in place 2012 for 2015 production
Ghislain Arel, Mine Development
Hubert Vallee
Core competence, expertise
SPV, Mine Development & Logistics
and successful experience
Robert Girardin, Logistics
Ivan Wong, CFO
Sandy Chim
Ricky Chan, VP, Planning & Operations
President
& CEO
Claude Britt, Chief Geologist
Michael Skutezky, General Counsel & Corporate Secretary
Bob Leshchyshen, VP, IR & Corporate Development
New iron ore mine Iron ore mining & Resource discovery China steel mill & Capital market &
development logistic operation & development iron ore trading building materials
Century Iron Mines Corporation 26
27. Enterprise Value Building Highlights
EV per tonne in-situ under favourable conditions:
• Secured off take (60-70%) – captive end-user market
• Leverage on capex in place (up to 70% debt) – end-user as banker
• Chinese SOEs strategic partners – equity & JV asset interests
Multi-billion tonne resources & growing (starting with 1.6Bt)
• Largest claimholding in proven world class iron ore camp
• With near-term production of target 2015 from 1 Mtpa
• With resource backing expansion to 20 Mtpa and beyond
Strong strategic partners: WISCO & Minmetal – unusual
sponsorship of 2 Global Fortune 500 Chinese SOEs – equity, debt &
market support
A development company with an A team of Canadian iron ore
development & mining expertise executing and targeting near-term
production & cash flow
Century Iron Mines Corporation 27
28. 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 14‐Nov 52 week Shares Cap Value mils FE mils FE
symbol Name 2012 Low High O/S (mils) $mils ($mils) tonnes tonne tonnes tonne
ADV Alderon Resource Corp. $1.46 $1.41 $3.83 129.9 $189.7 $172.4 333.5 $0.517 415.3 $0.415
NML New Millennium Capital Corp. (2) $1.21 $1.14 $3.23 178.3 $215.7 $116.1 1,759.3 $0.066 2,326.5 $0.050
CHM Champion Iron Mines Ltd. (3) $0.46 $0.47 $2.27 119.3 $54.9 $28.9 172.5 $0.168 1,842.1 $0.016
ADI Adriana Resources Inc. (1) $0.43 $0.43 $1.38 157.5 $66.9 $19.1 1,314.0 $0.015 2,820.6 $0.007
FEO Oceanic Iron Ore Corp. $0.16 $0.13 $0.45 174.7 $27.1 $25.0 848.2 $0.029 911.9 $0.027
$554.4 $361.5 4,427.5 $0.082 8,316.4 $0.043
FER Century Iron Mines Corp. (4) $1.05 $0.92 $2.35 94.9 $99.6 $45.2 1,414.5 $0.032 3,220.1 $0.014
* 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) Centruy: 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.
Century Iron Mines Corporation Prepared by: Bob Leshchyshen, MBA, CFA 28
29. Contact Information
Century Iron Mines Corp.
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
Century Iron Mines Corporation 29