The document summarizes a proposed business combination between Mamba and Champion Iron Mines to acquire 100% of Champion. Key points:
- Mamba will acquire Champion through a plan of arrangement valued at C$59.8 million, with Champion shareholders receiving 11 Mamba shares for every 15 Champion shares.
- The transaction strengthens the management team and balance sheet with over A$26 million in cash to expedite development of the economically robust Consolidated Fire Lake North Project in Labrador, Canada.
- The combined company will have an enhanced capital markets profile and ability to access project financing due to its international institutional investor base and strengthened financial position.
Champion & Mumba Business Combination PresentationChampionMines
The document summarizes a proposed business combination between Mamba and Champion Iron Mines. Key points include:
- Mamba will acquire Champion through a plan of arrangement, valuing Champion at C$59.8 million. Champion shareholders will receive 11 Mamba shares for every 15 Champion shares.
- The transaction provides a 42% premium to Champion's share price and strengthens the balance sheet of the combined company.
- The combined company will be well positioned to advance Champion's Consolidated Fire Lake North Project in the Labrador Trough, with the goal of completing a bankable feasibility study within 12 months.
The presentation summarizes the feasibility study for the Horne 5 underground mine project in Canada. Key highlights include proven and probable reserves of 6.13 million ounces of gold equivalent, an after-tax NPV of $602 million at a 5% discount rate and 15.3% IRR. The mine is expected to produce an average of 219,000 ounces of gold per year over a 15 year mine life at low cash costs of $260/ounce and AISC of $399/ounce. The initial capital cost is estimated at $802 million. The project has potential for resource expansion and optimization to increase production and extend the mine life. The mine is expected to provide significant economic benefits and employment to the local region.
Sonde Resources Corp. is an oil and gas exploration and production company based in Calgary, Alberta, Canada. Sonde Resources holds a global portfolio of high potential energy assets including producing oil and natural gas assets in Western Canada and offshore exploration property in North Africa.
Forbes & Manhattan Coal Corp. is a growing coal producer in South Africa with bituminous and anthracite coal operations. It has a total mineable coal resource of 72.5 million tonnes of bituminous coal and 50.8 million tonnes of anthracite coal. The company aims to increase annual saleable production to 2 million tonnes within 3 years by expanding its Magdalena and Aviemore mines. Forbes & Manhattan provides concise summaries of its coal resources, mining operations, production and sales figures, management team, and investment highlights.
Forbes & Manhattan Coal Corp. is a growing coal producer in South Africa with two operating mines - the Magdalena mine producing bituminous coal and the Aviemore mine producing anthracite coal. The company has a large coal resource base of over 72 million tonnes of bituminous coal and over 50 million tonnes of anthracite coal. In fiscal year 2013, total saleable production was over 958,000 tonnes. The company aims to increase production to over 2 million tonnes per year. Forbes & Manhattan Coal Corp. provides South African and international customers with high quality thermal and energy coal.
Maudore Minerals Ltd. - Corporate Oresentation May 2014Company Spotlight
This document discusses Maudore Minerals Ltd's plans to grow gold production at its Sleeping Giant Mine in northern Quebec. It provides context on the company's history and recent challenges, including a drop in gold prices. Maudore proposes a debt restructuring that would provide $6 million in funding from its largest lender FBC. This would allow Maudore to continue its underground drilling program aimed at identifying 50,000 new gold ounces per year. Successful drilling results so far indicate the potential for new high-grade zones at depth. The funding and drilling plan are meant to underpin Maudore's goal of increasing production and cash flow from Sleeping Giant.
Moneta Porcupine is acquiring all outstanding shares of Northern Gold, which owns the Garrison Project, to create one of the largest undeveloped gold projects in Canada. The combined projects will have over 8 million ounces of gold resources across 26,345 hectares in the prolific Timmins gold camp. The transaction will result in operational and development synergies, expanded exploration potential, and access to greater funding. O3 Mining will become a major shareholder of Moneta Porcupine and support the combined entity through board representation.
Lead fx presentation-agm-june-2017-final-finalLead_FX
LeadFX held its 2017 annual general meeting to discuss the company's strategy of focusing on lead projects and leveraging strategic partnerships. In 2016, LeadFX received full permitting to export lead concentrate from its Paroo Station mine in Australia through 2024 and maintained the mine site ready for restart. LeadFX signed an agreement with InCoR for hydrometallurgical technology that could allow Paroo Station to directly produce lead metal and extend the mine life. The company is also the majority owner of a lead-silver project in Utah and is in discussions to address its debts of US$19.2 million owed to Sentient IV.
Champion & Mumba Business Combination PresentationChampionMines
The document summarizes a proposed business combination between Mamba and Champion Iron Mines. Key points include:
- Mamba will acquire Champion through a plan of arrangement, valuing Champion at C$59.8 million. Champion shareholders will receive 11 Mamba shares for every 15 Champion shares.
- The transaction provides a 42% premium to Champion's share price and strengthens the balance sheet of the combined company.
- The combined company will be well positioned to advance Champion's Consolidated Fire Lake North Project in the Labrador Trough, with the goal of completing a bankable feasibility study within 12 months.
The presentation summarizes the feasibility study for the Horne 5 underground mine project in Canada. Key highlights include proven and probable reserves of 6.13 million ounces of gold equivalent, an after-tax NPV of $602 million at a 5% discount rate and 15.3% IRR. The mine is expected to produce an average of 219,000 ounces of gold per year over a 15 year mine life at low cash costs of $260/ounce and AISC of $399/ounce. The initial capital cost is estimated at $802 million. The project has potential for resource expansion and optimization to increase production and extend the mine life. The mine is expected to provide significant economic benefits and employment to the local region.
Sonde Resources Corp. is an oil and gas exploration and production company based in Calgary, Alberta, Canada. Sonde Resources holds a global portfolio of high potential energy assets including producing oil and natural gas assets in Western Canada and offshore exploration property in North Africa.
Forbes & Manhattan Coal Corp. is a growing coal producer in South Africa with bituminous and anthracite coal operations. It has a total mineable coal resource of 72.5 million tonnes of bituminous coal and 50.8 million tonnes of anthracite coal. The company aims to increase annual saleable production to 2 million tonnes within 3 years by expanding its Magdalena and Aviemore mines. Forbes & Manhattan provides concise summaries of its coal resources, mining operations, production and sales figures, management team, and investment highlights.
Forbes & Manhattan Coal Corp. is a growing coal producer in South Africa with two operating mines - the Magdalena mine producing bituminous coal and the Aviemore mine producing anthracite coal. The company has a large coal resource base of over 72 million tonnes of bituminous coal and over 50 million tonnes of anthracite coal. In fiscal year 2013, total saleable production was over 958,000 tonnes. The company aims to increase production to over 2 million tonnes per year. Forbes & Manhattan Coal Corp. provides South African and international customers with high quality thermal and energy coal.
Maudore Minerals Ltd. - Corporate Oresentation May 2014Company Spotlight
This document discusses Maudore Minerals Ltd's plans to grow gold production at its Sleeping Giant Mine in northern Quebec. It provides context on the company's history and recent challenges, including a drop in gold prices. Maudore proposes a debt restructuring that would provide $6 million in funding from its largest lender FBC. This would allow Maudore to continue its underground drilling program aimed at identifying 50,000 new gold ounces per year. Successful drilling results so far indicate the potential for new high-grade zones at depth. The funding and drilling plan are meant to underpin Maudore's goal of increasing production and cash flow from Sleeping Giant.
Moneta Porcupine is acquiring all outstanding shares of Northern Gold, which owns the Garrison Project, to create one of the largest undeveloped gold projects in Canada. The combined projects will have over 8 million ounces of gold resources across 26,345 hectares in the prolific Timmins gold camp. The transaction will result in operational and development synergies, expanded exploration potential, and access to greater funding. O3 Mining will become a major shareholder of Moneta Porcupine and support the combined entity through board representation.
Lead fx presentation-agm-june-2017-final-finalLead_FX
LeadFX held its 2017 annual general meeting to discuss the company's strategy of focusing on lead projects and leveraging strategic partnerships. In 2016, LeadFX received full permitting to export lead concentrate from its Paroo Station mine in Australia through 2024 and maintained the mine site ready for restart. LeadFX signed an agreement with InCoR for hydrometallurgical technology that could allow Paroo Station to directly produce lead metal and extend the mine life. The company is also the majority owner of a lead-silver project in Utah and is in discussions to address its debts of US$19.2 million owed to Sentient IV.
The Company is focused on the advanced stage Blue Moon Zinc project with significant values for copper, gold and silver. The project is subject to a NI 43-101 report filed on SEDAR and available here. The Company plans to advance Blue Moon to a feasibility study and permitting.
Fortune Bay Corp. Corporate Presentation Dec. 2021Fortune Bay Corp
The document is a corporate presentation for Fortune Bay Corp. that discusses its gold and uranium exploration projects in Canada. It highlights that Fortune Bay has over 1 million ounces of gold resources at its flagship Goldfields Project in Saskatchewan based on current and historical estimates. A historical 2011 pre-feasibility study showed robust economics for the Goldfields Project at a gold price of C$1,250/oz. The project has established infrastructure including roads, powerlines, and an approved development permit. The presentation positions Fortune Bay for growth through resource expansion drilling and advancement of its projects.
- Plains Creek Phosphate Corp. is developing a high quality phosphate project in Guinea-Bissau, West Africa with NI 43-101 compliant resources.
- Production of 2 million tonnes of phosphate rock concentrate per year is expected to begin in 2014 through a simple mining and beneficiation process.
- The project has attractive economics with potential EBITDA of $80-180 million per year based on phosphate rock prices of $100-150 per tonne.
- Plains Creek owns 50.1% of GB Minerals AG, a Swiss corporation, which holds a production agreement and mining license for the project.
Moneta is creating a major gold project in the prolific Timmins gold camp in Ontario, Canada through expanding its gold resources and consolidating projects. It has combined the Golden Highway and Garrison gold projects, creating one of the largest undeveloped gold mining projects in North America with over 8 million ounces of gold resources. Moneta plans a 70,000 meter drill program in 2021 to further expand resources across the projects, with the goal of outlining a large scale, long life mining operation in the district.
BeMetals is a precious and base metals exploration and development company with wholly owned projects in Japan and option agreements to acquire interests in mineral projects in Idaho and Zambia. BeMetals recently expanded its exposure into the gold sector through the acquisition of the Kazan Gold Project in Japan (Read more about Kazan here). In connection with the Company’s expansion into Japan, B2Gold Corp. (“B2Gold”) has become a strategic investor and currently holds approximately 19% of BeMetals’ outstanding shares. Pursuant to the option agreements, BeMetals has rights to acquire up to a 100% interest in the polymetallic (zinc-silver-gold-copper) South Mountain development project in southwest Idaho, USA and rights to acquire a majority interest in the Pangeni Copper Exploration project on the western extension of the Zambian Copperbelt .
Forbes & Manhattan Coal Corp. is an emerging Southern African coal company with two operating mines in Kwa-Zulu Natal, South Africa. The company has a substantial coal resource base of over 51 million tonnes and plans to triple production to 1.5 million tonnes within three years using existing infrastructure. Forbes has high quality bituminous and anthracite coal assets in one of the best developed coal markets in the world and an experienced coal-focused management team to execute its growth strategy.
The document is a corporate presentation for Western Copper and Gold Corporation that provides an overview of the Casino copper-gold project and the company. Some key points:
- The Casino project is one of the largest copper-gold projects in Canada, located in the Yukon. It has significant copper and gold resources.
- A 2021 PEA showed robust economics for the project with an after-tax NPV of $2.33 billion and IRR of 19.5% over a 47-year mine life.
- Rio Tinto has made a strategic investment in the company and is partnering on further studies and permitting work to advance the project.
This document provides an overview of Rubicon Minerals Corporation's 2017 Annual General and Special Meeting of Shareholders. It contains forward-looking statements regarding the exploration potential in Red Lake, plans to advance the Phoenix Gold Project, and anticipated exploration work. It cautions that forward-looking statements are based on certain assumptions and risks that could cause actual results to differ. It also notes the qualifications of the document and definitions of resource estimates under Canadian and U.S. standards.
BeMetals is a precious and base metals exploration and development company with wholly owned projects in Japan and option agreements to acquire interests in mineral projects in Idaho and Zambia. BeMetals recently expanded its exposure into the gold sector through the acquisition of the Kazan Gold Project in Japan (Read more about Kazan here). In connection with the Company’s expansion into Japan, B2Gold Corp. (“B2Gold”) has become a strategic investor and currently holds approximately 19% of BeMetals’ outstanding shares. Pursuant to the option agreements, BeMetals has rights to acquire up to a 100% interest in the polymetallic (zinc-silver-gold-copper) South Mountain development project in southwest Idaho, USA and rights to acquire a majority interest in the Pangeni Copper Exploration project on the western extension of the Zambian Copperbelt .
This corporate presentation by Shona Energy Company provides an overview of the company's oil and gas assets and business strategy. Shona currently produces natural gas from its Esperanza Block in Colombia and holds exploration licenses for three blocks in Colombia and one in Peru. The company's strategy is focused on increasing production and cash flow from existing assets, evaluating additional opportunities using current cash flow, and pursuing merger and acquisition opportunities. Shona aims to deliver stable cash flow while exploring its portfolio for significant upside potential under an experienced management team.
The document discusses forward-looking statements regarding the technical and economic viability of the Lost Creek uranium project. It notes that all forward-looking statements are subject to significant risks and uncertainties that could cause actual results to differ materially. The document also cautions readers that any projections regarding an extended future period are inherently uncertain and subject to many risk factors.
Penn Virginia Corporation is acquiring Eagle Ford Hunter, Inc. (MHR) for $400 million. The acquisition significantly increases Penn Virginia's Eagle Ford position by expanding its acreage to approximately 83,000 net acres across Gonzales and Lavaca Counties. The MHR assets add over 12 million barrels of oil equivalent of proved reserves and 345 gross drilling locations. The acquisition transforms Penn Virginia's asset profile by increasing its Eagle Ford net acreage from 10% to 54%, net inventory from 28% to 68%, and proved developed reserves from 20% to 42%.
The document is a corporate presentation for Western Copper and Gold Corporation that discusses their Casino copper-gold project in Yukon, Canada. Some key points:
- Casino is one of the largest copper-gold projects in Canada with over 7 billion pounds of copper and 14.5 million ounces of gold in measured and indicated resources.
- A 2021 PEA shows robust economics for the project with a pre-tax NPV of $2.33 billion, IRR of 19.5%, and 47-year mine life.
- Phase 1 of mining would focus on the higher grade areas near surface over the first 25 years, while Phase 2 would expand the open pit and extend the mine life.
- IMPACT Silver has been a steady silver producer for 10+ years from its large property in Mexico containing multiple silver districts with a long history of mining.
- Production comes from the Guadalupe mill which receives ore from 3 underground mines - San Ramon, Cuchara, and Mirasol. A second plant is on standby.
- Exploration continues across the large land package with over 4,500 historic mine workings indicating significant potential. Recent drilling at San Ramon returned some of the best intervals ever drilled on the property.
- The property has extensive exploration upside with numerous targets identified near existing infrastructure and in new areas. An initial resource estimate was also completed for the Capire VMS deposit.
First Mountain Exploration Ltd. is an oil and gas exploration and development company focused on opportunities in Alberta. It holds a 100% working interest in 75.5 contiguous sections near Slave Lake with an estimated 12.2 million barrels of oil equivalent of prospective resources. First Mountain recently fractured and flow tested a Cardium light oil well and is now equipping it for production. The company plans to begin a three well drilling program in early February. It is seeking to expand its exploration and development activities while aiming to create shareholder value.
BeMetals Presentation - January 4, 2022DerekIwanaka1
A 22 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
This corporate presentation from Black Iron Inc. outlines an investment opportunity in an iron ore project located in Ukraine. Key points include:
- Black Iron's flagship Shymanivske project has large mineral resources, positive feasibility study economics, and access to existing infrastructure for rail, port and utilities.
- The project benefits from proximity to markets in Europe and Asia and a location in a major iron ore district of Ukraine.
- Black Iron has the required permits and is advancing the project, highlighting potential for resource expansion and low development risks relative to other geographies.
- Ukraine provides a mining-friendly jurisdiction with potential for closer European integration and a skilled workforce for the industry.
BeMetals Presentation - February 1, 2022DerekIwanaka1
A 22 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
Trevali Mining Corporation has commenced zinc and lead-silver concentrate production from its Santander Mine in Peru. The crushing, grinding, flotation and tailings circuits at the metallurgical plant are operational and undergoing commissioning and optimization. The mill is currently processing over 150,000 tonnes of stockpiled mineralized material. Trevali aims to ramp up operations at Santander to the planned throughput of 2,000 tonnes per day. This marks a major achievement for Trevali in commencing metal concentrate production from their Santander Mine.
Lion One Metals Conference Exploration Presentation Sept 2021Joe Gray
- Lion One Metals is exploring the Tuvatu alkaline gold project in Fiji which has a historic resource of over 7 million ounces of gold production. Current drilling is focused on near-surface resource expansion and testing deep feeder structures hundreds of meters below the known resource.
- Recent drill results include high grade intercepts both near-surface and at depth, indicating potential to expand and upgrade resources.
- Regional exploration is also underway across the company's large land package, with numerous high priority targets identified through surface sampling.
- If successful, drilling results could support initial development of a starter mine and pilot plant.
CHM-Mamba Corporate Presentation Dec 9, 2013Suzie Kim
The document summarizes a proposed business combination between Mamba.com.au and Championironmines.com to create a larger iron ore mining company. Mamba will acquire all of Champion's shares through a plan of arrangement, valuing Champion at C$59.8 million. The combined company will be well positioned to develop Champion's Consolidated Fire Lake North Project in Labrador, Canada, with a strengthened management team and balance sheet of over A$26 million. The transaction provides upside for both companies' shareholders through development of iron ore assets in the Labrador Trough region and access to larger capital markets. Key conditions of the combination include shareholder and regulatory approvals.
A 23 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
The Company is focused on the advanced stage Blue Moon Zinc project with significant values for copper, gold and silver. The project is subject to a NI 43-101 report filed on SEDAR and available here. The Company plans to advance Blue Moon to a feasibility study and permitting.
Fortune Bay Corp. Corporate Presentation Dec. 2021Fortune Bay Corp
The document is a corporate presentation for Fortune Bay Corp. that discusses its gold and uranium exploration projects in Canada. It highlights that Fortune Bay has over 1 million ounces of gold resources at its flagship Goldfields Project in Saskatchewan based on current and historical estimates. A historical 2011 pre-feasibility study showed robust economics for the Goldfields Project at a gold price of C$1,250/oz. The project has established infrastructure including roads, powerlines, and an approved development permit. The presentation positions Fortune Bay for growth through resource expansion drilling and advancement of its projects.
- Plains Creek Phosphate Corp. is developing a high quality phosphate project in Guinea-Bissau, West Africa with NI 43-101 compliant resources.
- Production of 2 million tonnes of phosphate rock concentrate per year is expected to begin in 2014 through a simple mining and beneficiation process.
- The project has attractive economics with potential EBITDA of $80-180 million per year based on phosphate rock prices of $100-150 per tonne.
- Plains Creek owns 50.1% of GB Minerals AG, a Swiss corporation, which holds a production agreement and mining license for the project.
Moneta is creating a major gold project in the prolific Timmins gold camp in Ontario, Canada through expanding its gold resources and consolidating projects. It has combined the Golden Highway and Garrison gold projects, creating one of the largest undeveloped gold mining projects in North America with over 8 million ounces of gold resources. Moneta plans a 70,000 meter drill program in 2021 to further expand resources across the projects, with the goal of outlining a large scale, long life mining operation in the district.
BeMetals is a precious and base metals exploration and development company with wholly owned projects in Japan and option agreements to acquire interests in mineral projects in Idaho and Zambia. BeMetals recently expanded its exposure into the gold sector through the acquisition of the Kazan Gold Project in Japan (Read more about Kazan here). In connection with the Company’s expansion into Japan, B2Gold Corp. (“B2Gold”) has become a strategic investor and currently holds approximately 19% of BeMetals’ outstanding shares. Pursuant to the option agreements, BeMetals has rights to acquire up to a 100% interest in the polymetallic (zinc-silver-gold-copper) South Mountain development project in southwest Idaho, USA and rights to acquire a majority interest in the Pangeni Copper Exploration project on the western extension of the Zambian Copperbelt .
Forbes & Manhattan Coal Corp. is an emerging Southern African coal company with two operating mines in Kwa-Zulu Natal, South Africa. The company has a substantial coal resource base of over 51 million tonnes and plans to triple production to 1.5 million tonnes within three years using existing infrastructure. Forbes has high quality bituminous and anthracite coal assets in one of the best developed coal markets in the world and an experienced coal-focused management team to execute its growth strategy.
The document is a corporate presentation for Western Copper and Gold Corporation that provides an overview of the Casino copper-gold project and the company. Some key points:
- The Casino project is one of the largest copper-gold projects in Canada, located in the Yukon. It has significant copper and gold resources.
- A 2021 PEA showed robust economics for the project with an after-tax NPV of $2.33 billion and IRR of 19.5% over a 47-year mine life.
- Rio Tinto has made a strategic investment in the company and is partnering on further studies and permitting work to advance the project.
This document provides an overview of Rubicon Minerals Corporation's 2017 Annual General and Special Meeting of Shareholders. It contains forward-looking statements regarding the exploration potential in Red Lake, plans to advance the Phoenix Gold Project, and anticipated exploration work. It cautions that forward-looking statements are based on certain assumptions and risks that could cause actual results to differ. It also notes the qualifications of the document and definitions of resource estimates under Canadian and U.S. standards.
BeMetals is a precious and base metals exploration and development company with wholly owned projects in Japan and option agreements to acquire interests in mineral projects in Idaho and Zambia. BeMetals recently expanded its exposure into the gold sector through the acquisition of the Kazan Gold Project in Japan (Read more about Kazan here). In connection with the Company’s expansion into Japan, B2Gold Corp. (“B2Gold”) has become a strategic investor and currently holds approximately 19% of BeMetals’ outstanding shares. Pursuant to the option agreements, BeMetals has rights to acquire up to a 100% interest in the polymetallic (zinc-silver-gold-copper) South Mountain development project in southwest Idaho, USA and rights to acquire a majority interest in the Pangeni Copper Exploration project on the western extension of the Zambian Copperbelt .
This corporate presentation by Shona Energy Company provides an overview of the company's oil and gas assets and business strategy. Shona currently produces natural gas from its Esperanza Block in Colombia and holds exploration licenses for three blocks in Colombia and one in Peru. The company's strategy is focused on increasing production and cash flow from existing assets, evaluating additional opportunities using current cash flow, and pursuing merger and acquisition opportunities. Shona aims to deliver stable cash flow while exploring its portfolio for significant upside potential under an experienced management team.
The document discusses forward-looking statements regarding the technical and economic viability of the Lost Creek uranium project. It notes that all forward-looking statements are subject to significant risks and uncertainties that could cause actual results to differ materially. The document also cautions readers that any projections regarding an extended future period are inherently uncertain and subject to many risk factors.
Penn Virginia Corporation is acquiring Eagle Ford Hunter, Inc. (MHR) for $400 million. The acquisition significantly increases Penn Virginia's Eagle Ford position by expanding its acreage to approximately 83,000 net acres across Gonzales and Lavaca Counties. The MHR assets add over 12 million barrels of oil equivalent of proved reserves and 345 gross drilling locations. The acquisition transforms Penn Virginia's asset profile by increasing its Eagle Ford net acreage from 10% to 54%, net inventory from 28% to 68%, and proved developed reserves from 20% to 42%.
The document is a corporate presentation for Western Copper and Gold Corporation that discusses their Casino copper-gold project in Yukon, Canada. Some key points:
- Casino is one of the largest copper-gold projects in Canada with over 7 billion pounds of copper and 14.5 million ounces of gold in measured and indicated resources.
- A 2021 PEA shows robust economics for the project with a pre-tax NPV of $2.33 billion, IRR of 19.5%, and 47-year mine life.
- Phase 1 of mining would focus on the higher grade areas near surface over the first 25 years, while Phase 2 would expand the open pit and extend the mine life.
- IMPACT Silver has been a steady silver producer for 10+ years from its large property in Mexico containing multiple silver districts with a long history of mining.
- Production comes from the Guadalupe mill which receives ore from 3 underground mines - San Ramon, Cuchara, and Mirasol. A second plant is on standby.
- Exploration continues across the large land package with over 4,500 historic mine workings indicating significant potential. Recent drilling at San Ramon returned some of the best intervals ever drilled on the property.
- The property has extensive exploration upside with numerous targets identified near existing infrastructure and in new areas. An initial resource estimate was also completed for the Capire VMS deposit.
First Mountain Exploration Ltd. is an oil and gas exploration and development company focused on opportunities in Alberta. It holds a 100% working interest in 75.5 contiguous sections near Slave Lake with an estimated 12.2 million barrels of oil equivalent of prospective resources. First Mountain recently fractured and flow tested a Cardium light oil well and is now equipping it for production. The company plans to begin a three well drilling program in early February. It is seeking to expand its exploration and development activities while aiming to create shareholder value.
BeMetals Presentation - January 4, 2022DerekIwanaka1
A 22 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
This corporate presentation from Black Iron Inc. outlines an investment opportunity in an iron ore project located in Ukraine. Key points include:
- Black Iron's flagship Shymanivske project has large mineral resources, positive feasibility study economics, and access to existing infrastructure for rail, port and utilities.
- The project benefits from proximity to markets in Europe and Asia and a location in a major iron ore district of Ukraine.
- Black Iron has the required permits and is advancing the project, highlighting potential for resource expansion and low development risks relative to other geographies.
- Ukraine provides a mining-friendly jurisdiction with potential for closer European integration and a skilled workforce for the industry.
BeMetals Presentation - February 1, 2022DerekIwanaka1
A 22 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
Trevali Mining Corporation has commenced zinc and lead-silver concentrate production from its Santander Mine in Peru. The crushing, grinding, flotation and tailings circuits at the metallurgical plant are operational and undergoing commissioning and optimization. The mill is currently processing over 150,000 tonnes of stockpiled mineralized material. Trevali aims to ramp up operations at Santander to the planned throughput of 2,000 tonnes per day. This marks a major achievement for Trevali in commencing metal concentrate production from their Santander Mine.
Lion One Metals Conference Exploration Presentation Sept 2021Joe Gray
- Lion One Metals is exploring the Tuvatu alkaline gold project in Fiji which has a historic resource of over 7 million ounces of gold production. Current drilling is focused on near-surface resource expansion and testing deep feeder structures hundreds of meters below the known resource.
- Recent drill results include high grade intercepts both near-surface and at depth, indicating potential to expand and upgrade resources.
- Regional exploration is also underway across the company's large land package, with numerous high priority targets identified through surface sampling.
- If successful, drilling results could support initial development of a starter mine and pilot plant.
CHM-Mamba Corporate Presentation Dec 9, 2013Suzie Kim
The document summarizes a proposed business combination between Mamba.com.au and Championironmines.com to create a larger iron ore mining company. Mamba will acquire all of Champion's shares through a plan of arrangement, valuing Champion at C$59.8 million. The combined company will be well positioned to develop Champion's Consolidated Fire Lake North Project in Labrador, Canada, with a strengthened management team and balance sheet of over A$26 million. The transaction provides upside for both companies' shareholders through development of iron ore assets in the Labrador Trough region and access to larger capital markets. Key conditions of the combination include shareholder and regulatory approvals.
A 23 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 29 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 24 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and tier 1 targeted copper exploration along the western extension of the Zambian Copperbelt.
The document discusses BeMetals Corp., a company focused on becoming a leading base and precious metals producer. It highlights BeMetals' management team which includes top mine finders and builders who have collectively discovered over 34 million ounces of gold. BeMetals has secured $25 million to date including a $7.5 million investment from strategic investor B2Gold Corp. BeMetals is well financed to deliver potential near-term catalysts from ongoing exploration programs at its Kazan Gold Project in Japan and other projects.
TNR Gold Corp holds a portfolio of royalty and project interests including exposure to critical metals through its 1.8% NSR royalty on the Mariana lithium project in Argentina and a 0.36% NSR royalty on the large Los Azules copper project in Argentina. The company's flagship project is the Shotgun gold project in Alaska which has an inferred resource of over 700,000 ounces of gold. TNR's strategy is to advance and attract partners to its projects, particularly Shotgun, while maintaining exposure to royalties on production from projects like Mariana and Los Azules.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining PresentationKirill Klip
TNR Gold holds a 0.36% net smelter return (NSR) royalty on the Los Azules copper project in Argentina. Los Azules is one of the largest undeveloped copper deposits in the world, containing over 10 billion pounds of copper in the indicated resource category. It is owned and being advanced by McEwen Mining, who published a preliminary economic assessment in 2017 that showed strong economics for the project, including average annual production of 415 million pounds of copper over the first 10 years at a low cost of $1.11 per pound. TNR's royalty provides exposure to the future potential development and production from this world-class copper asset.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
The document provides information about Probe Mines Limited, a gold exploration company with a focus on its 100%-owned Borden Gold Project in Ontario, Canada. Some key points:
- Borden has a high-grade underground constrained resource of 1.6Moz indicated and 0.4Moz inferred gold, as well as a 2.3Moz indicated open pit resource. The high-grade zone remains open for expansion.
- Probe also owns exploration properties including Black Creek chromite and Tamarack-McFauld's Lake VMS properties which provide additional exploration upside.
- Goldcorp has offered to acquire all shares of Probe in an all-share transaction valued at C$5.
Similar to December - Champion and Mamba Merger - Corporate Presentation (20)
Champion Iron Mines is developing an iron ore mine in the Labrador Trough region of Canada. Its flagship project is the Consolidated Fire Lake North Project, which has over 5 billion tonnes of mineral resources. A pre-feasibility study for the project outlined an average annual production rate of 9.3 million tonnes of iron concentrate over 20 years. The study found an after-tax IRR of 30.9% and NPV of $3.3 billion, with a 3.4 year payback period. Champion Iron Mines aims to take advantage of existing rail, power and port infrastructure in the established Fermont Iron Ore District.
Champion Iron Mines is developing the Consolidated Fire Lake North (CFLN) Project, a major iron ore mine in the Labrador Trough region of Quebec. A prefeasibility study for CFLN estimates average annual production of 9.3 million tonnes of iron concentrate over a 20-year mine life, with a net present value of $3.3 billion. CFLN has mineral resources totaling 5.1 billion tonnes and is located near existing rail and port infrastructure that services other producers in the established Fermont iron ore district. Champion aims to capitalize on positive long-term iron ore market fundamentals and Quebec's low-cost operating environment to bring CFLN into production.
Champion Iron Mines is developing the Consolidated Fire Lake North (CFLN) iron ore project in the Labrador Trough region of Canada. The project involves mining the CFLN East and West deposits, which contain over 3.5 billion tonnes of iron ore resources. A prefeasibility study from February 2013 estimated the project would produce an average of 9.3 million tonnes of iron concentrate per year over a 20-year mine life, with a net present value of $3.3 billion using an 8% discount rate and internal rate of return of 30.9%. The project aims to take advantage of existing rail, power and port infrastructure in the established iron mining district.
This document provides an overview and corporate presentation for Champion Iron Mines Ltd., which is developing the next major iron ore mine in the Labrador Trough region of Canada. The presentation summarizes a preliminary feasibility study conducted for the Consolidated Fire Lake North Project, which indicated an average annual production rate of 9.3 million tonnes of iron concentrate over a 20-year mine life. It also outlines the company's mineral resource estimates totaling over 5 billion tonnes of iron ore across its properties in the region. The presentation is aimed at investors and provides details on the project economics, infrastructure advantages, management team, and development timeline.
Aug. 2013 Champion Corporate Presentation - EnglishChampionMines
The document provides an overview of Champion Iron Mines Ltd.'s plans to build a major new iron ore mine, the Consolidated Fire Lake North Project, in the Labrador Trough region of Canada. Key details include a preliminary feasibility study indicating average annual production of 9.3 million tonnes of iron concentrate over 20 years. The project benefits from established infrastructure in the region including rail lines and the Port of Sept-Îles. The company has over 5 billion tonnes of mineral resources across its properties in the region positioning it for long-term growth.
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The document discusses plans to build a major new iron ore mine in the Labrador Trough region. It summarizes a preliminary feasibility study conducted for the Consolidated Fire Lake North Project, which indicated an average annual production rate of 9.3 million tonnes of iron concentrate over 20 years. Key highlights include an after-tax IRR of 30.9%, net present value of $3.3 billion, and payback period of 3.4 years. The project would utilize existing rail, power and port infrastructure in the established Fermont Iron Ore District.
April 2013 Champion Corporate Presentation - EnglishChampionMines
The document discusses plans to build a major new iron ore mine in the Labrador Trough region. It provides an overview of Champion Iron Mines' flagship Consolidated Fire Lake North Project, which has over 5 billion tonnes of mineral resources as per a preliminary feasibility study. The study indicates the mine would produce an average of 9.3 million tonnes per year of iron concentrate over a 20-year mine life, with a net present value of $3.3 billion. The project benefits from established infrastructure including rail, power and the Port of Sept-Îles.
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2. Forward Looking Statements
Certain information contained herein regarding Champion Iron Mines Limited, including management’s assessment
of future plans & operations, may constitute forward‐looking statements under applicable securities law &
necessarily involve risks, including but not limited to risks associated with mining exploration, operating costs,
production costs, volatility of share prices, currency fluctuations, imprecision of resource & reserve estimates,
environmental risks & ability to access sufficient capital from internal & external sources.
As a consequence, actual results may differ materially from those anticipated in any forward looking statements.
Plans, intentions or expectations disclosed in any forward‐looking statements or information should not be read as
guarantees of future results or events, & will not necessarily be accurate indications of whether or when or by
which such results or events will be achieved.
Except as required by law, Champion Iron Mines Ltd., expressly disclaims any intention & undertakes no obligation
to update any forward looking statements or information as conditions change.
The historical mineral resources mentioned are strictly historical in nature & are non‐compliant to National
Instrument 43‐101 mineral resources & mineral reserves standards, & should therefore not be relied upon. A
qualified person has not done sufficient work to upgrade or classify the historical mineral resources as current
National Instrument NI‐43‐101 compliant.
The technical information in this news release pertaining to the Consolidated Fire Lake North Project as well as the
Snelgrove Lake Project was reviewed and approved by Mr. Bruce Mitton, P.Geo., Vice‐President Exploration for
Champion Iron Mines Limited who is a Qualified Person under NI 43‐101 standards.
2
3. Transaction Summary
Business Combination Overview
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Proposed
Transaction
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Deal Protection •
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Conditions
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1.
Champion shareholders will be entitled to receive 11 ordinary shares of Mamba in exchange for every 15 common shares of
Champion
Champion shareholders who are Canadian residents will have the option to receive all or a part of their consideration in the
form of exchangeable shares of Canco to defer recognition of capital gains
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Consideration
Concurrent
Financing
Mamba, together with a wholly‐owned Canadian subsidiary of Mamba (“Canco”) will acquire, by way of a plan of arrangement
(Arrangement), 100% of the outstanding securities of Champion
Offer values Champion at approximately C$59.8 million on a fully diluted in‐the‐money basis (“FDITM”) as at December 5, 2013
Pro forma ownership on a FDITM basis of 40.9% Mamba and 50.5% Champion1
Closing of the Arrangement is subject to regulatory approvals and is expected in April 2014
Mamba will continue to be listed on the ASX and it is a condition of closing that Mamba will apply for and be listed on the TSX
New company to be named Champion Iron Limited
Each Exchangeable Share will be exchangeable, at no additional consideration, into one Mamba Share
42% premium over Champion’s December 5, 2013 closing price of C$0.275 and a 72% premium calculated on the 20‐day
volume weighted average price (VWAP) of each respective company
Subject to requisite shareholder approvals, Mamba will convert the existing 32 million Mamba performance shares into ordinary
shares at a rate of 1 for 10
Mamba will undertake an equity financing of at least A$10 million to be completed immediately after the effective date of the
Arrangement at a price of no less than A$0.50 per share
Strengthens the combined company’s balance sheet and provides financial flexibility with its development plans
Customary non‐solicitation covenants, subject to normal fiduciary outs
Right to match
Termination fee of C$1.0 million payable by either party under certain situations
Unaminous support for the transaction and lockup agreements from the Board of Directors and Officers of Mamba and
Champion
Champion securityholder vote (approval of (i) at least 662/3% of shares cast, (ii) 662/3% of shares and options cast, voting
together, and (iii) a majority of the minority)
Mamba shareholder vote (approval of at least 75% of shareholder votes cast as well as at least 50% of the number of
shareholders voting)
Customary regulatory, exchange and court approvals
Remaining 8.6% pro forma FDITM ownership in the new company will be comprised of shares issued in the Concurrent Financing, which assumes gross proceeds of A$10.0 million and an issue price of
A$0.50/share
3
5. Transaction Rationale
Benefits to Mamba Shareholders
Upside from the Consolidated Fire Lake North Project
• Provides Mamba shareholders an interest in the large scale and economically robust Consolidated Fire Lake
North (“CFLN”) Project
Expands Mamba’s interests in the Labrador Trough
• Significant upside through 12 iron ore brownfield projects covering 755 km2 in the Fermont district
Strengthens balance sheet
• Arrangement and concurrent equity raise will strengthen the combined company’s balance sheet
Enhanced capital markets profile
• Mamba shareholders to benefit from Champion’s significant research coverage, greater share liquidity and
North American institutional and retail investor base
Benefits to Champion Shareholders
Strengthened balance sheet
• Combined company will have sufficient funding for the completion of the BFS on the CFLN Project
Immediate and significant offer premium
• Offer premium to Champion shareholders of 72% based on Mamba and Champion’s 20‐day VWAP
Addition of key mining executives and directors with a proven track record
• Addition of Michael O’Keeffe as Executive Chairman significantly enhances the ability to bring in
international institutional and strategic investors as well as the capital required to advance the CFLN Project
through to commercial production
Exploration upside from the Snelgrove Lake Project
• Highly prospective iron ore project located in the Labrador Trough with excellent access to infrastructure and
the potential for hematite and multi‐billion tonne magnetite project
Broadens investor base
• Provides the combined company access to a larger base of institutional and retail investors in North America,
Australia and Asia
5
6. Strong Management & Board
Michael O’Keeffe │ Execu ve Chairman
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Chairman of Mamba
Executive Chairman of Riversdale Mining Limited (“Riversdale”) from 2004 to 2011
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Managing Partner of Glencore Australia (Pty) Limited from 1995 to 2004
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Led the development of Riversdale from a junior with a market cap of A$7 million until it was acquired by Rio Tinto for A$4 billion
During his period at Riversdale, Mr. O’Keeffe raised approximately A$780 million for Riversdale
Responsible for Glencore’s Australian acquisitions, of which a large component was vended into Xstrata at the time of the LSE listing
Increased Glencore’s market share in Australia and southeast Asia, growing the turnover from US$100 million to US$2.4 billion
Held a series of senior operating positions at Mt Isa Mines from 1975 to 1994, rising to the Executive Management level in
commercial activities
Thomas Larsen │ CEO and Director
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President and CEO of Champion since 2006
Over 30 years of experience in the investment industry, specializing in corporate finance and management of junior mining
companies, raising in excess of C$150 million to date
Previously held senior executive positions at a number of junior resource companies
Director of Eloro Resources and Bear Lake Gold Ltd.
Paul Ankcorn│ Non‐Executive Director
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Former President and director of the Cartier Iron Corporation from 2012 to 2013
Chief Financial Officer of Tartisan Resources Corp. and Shield Gold Inc. since 2008
President of Remington Resources Inc. from 2005 to 2010
Director of ACME Resources Corp., Shield Gold Inc.; Tartisan Resources Corp. and Fancamp Exploration Ltd.
Alexander Horvath│ Non‐Executive Director
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Joined Champion as a Director in September 2007 and Executive VP, Exploration in March 2008, bringing with him over 28 years of
experience in mineral exploration and mining
President of A.S. Horvath Engineering Inc., an Ottawa‐based exploration/mining geological services firm, since 2006
Spent over 20 years with Asarco Inc. in progressively senior operational roles, where he was involved in managing base and precious
metals exploration, mineral resource estimates, feasibility studies, reserve audits and acquisition due diligence reviews
Director of Bear Lake Gold Ltd. and Eloro Resources Ltd
6
7. Strong Management & Board
Niall F. Lenahan│ Non‐Executive Director
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Finance Director and Company Secretary of Mamba
Non‐Executive Director for Discovery Metals Ltd.
Mr. Lenahan has served as a director and CFO in both ASX‐listed and medium sized organizations involved in mineral resources,
construction/engineering and shipping/transport industries both in Australia and overseas
The following are companies that Mr Lenahan has previously successfully held executive positions at:
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Riversdale (2006‐2011), CFO & Company Secretary
Kingsgate Consolidated Limited (2003‐2005), CFO
AurionGold/Goldfields (1992‐2002), CFO and Company Secretary
Richard Melville Wright│ Non‐Executive Director
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Currently a Non‐Executive Director of Mamba
Engineer with significant expertise in the development and delivery of multi‐billion dollar resource projects
Many companies have achieved significant results under his stewardship. Some of those companies include:
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Hancock Prospecting Pty Ltd (2008‐2011), Project Director for Roy Hill
Decmil Group Ltd (2004‐2008) (previously Paladio), Founding Executive Chairman and Managing Director
Adrail (2001‐2004), Executive Chairman
Fluor Corporation (1990‐1999), CEO of Fluor Daniel Pty Ltd (Australia)
Don Sheldon│ Non‐Executive Director
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Director or Champion since September 2008
Executive Officer of Sheldon Huxtable Professional Corporation, a Toronto‐based law firm, where he has been advising mining
companies for over 30 years
Chief Financial Officer and Chief Administrative Officer and Director of Carlisle Goldfields Ltd.
Chief Executive Officer and Director of Metalcorp Limited and Rockex Mining Corporation as well as an officer of The Temagami Iron
Corporation
Director of Crown Gold Corporation, Gold Train Resources Inc. and Bending Lake Iron Group Limited
James Wang│ Non‐Executive Director
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Representative of Baotou Chen Hua Investments Limited
MBA (New York Institute of Technology, 2006), Bachelor of Engineering (Major in Archtecture)(North‐Western Institute of
Architectural Engineering, 1991)
7
8. Capitalization
Strong balance sheet provides financial flexibility with development plans
Mamba1
Champion2
A$0.55/share
C$0.275/share
Basic Shares Outstanding
70.6 million
152.4 million4
209.7 million5
Options
20.8 million
9.7 million
27.9 million
Nil
7.0 million
5.1 million
32.0 million
N/A
Nil4
123.4 million
169.1 million
242.7 million
Basic Market Capitalization
A$38.8 million
C$41.9 million
A$115.3 million
Cash and Cash Equivalents
A$3.3 million
C$15.5 million6
A$26.4 million7
Long‐Term Investments
Nil
C$2.6 million8
A$2.7 million
Enterprise Value (Basic)
A$35.5 million
C$23.8 million
A$86.3 million
As at December 5, 2013
Share Price
Warrants
Performance Shares
FD Shares Outstanding
1.
2.
3.
4.
5.
6.
7.
8.
Pro Forma3
Mamba’s cash and debt balance is as of September 30, 2013
Champion’s balance sheet information is as of September 30, 2013. Champion’s cash and cash equivalent balance includes C$66,000 in short‐term investments
Pro forma balance sheet assumes an A$:C$ exchange rate based on the December 5, 2013 closing price of A$1.0365:C$
Champion’s basic shares outstanding assumes that prior to the closing of the Transaction, Baotou Chen Hua Investments will exercise its 15,000,000 warrants exercisable into 15,000,000 Champion
common shares at an exercise price of C$0.25/share generating cash proceeds of C$3,750,000
Basic shares outstanding has been adjusted for the Concurrent Financing, which assumes Mamba will complete a A$10.0 million equity financing at an offer price of A$0.50/share for the issue of 20.0
million Mamba shares. Adjustments also includes 32.0 million Mamba performance shares to be converted on a 10 for 1 basis into 3.2 million ordinary shares of Mamba as well as shares issued to
Champion management and board member due to change of control payments
Champion’s cash balance has been adjusted for the repayment of approximately C$0.2 million in convertible debentures
Includes A$10.0 million in expected gross proceeds from the Concurrent Financing less brokerage fees less cash transaction fees paid to advisors
Champion’s long‐term investments includes its C$0.4 million investment in Cartier Iron Corporation plus the market value of shares of Fancamp Exploration Ltd. as well as shares and warrants of
Century Iron Mines Corporation
8
9. Consolidated Fire Lake North (“CFLN”) Project
Large‐Scale, Feasibility Stage Project with Robust Economics
Located in the most established iron ore district in the Labrador Trough
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Contiguous to the north of ArcelorMittal’s operating Fire Lake Mine and
located 60 km south of Cliffs Natural Resources’ Bloom Lake Mine
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52 million tpa of concentrate production capacity in the region
Excellent access to infrastructure
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Access to low‐cost hydro and skilled labour
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Government of Quebec is completing a Pre‐Feasibility Study for a new
multi‐user railway connecting to the Port of Sept‐Îles
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Construction of a 50 million tpa multi‐user port facility at the Port of Sept‐
Îles is on schedule and on budget
Large tonnage, high quality hematite iron ore deposits
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CFLN Project contains a total resource of 3.6 billion
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CFLN resource is of sufficient size to support a 35‐40 million tpa operation
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Metallurgical coarse‐grained hematite mineralization that is easy to
liberate
Production of high quality, 66% Fe sinter concentrate with very low
deleterious elements
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High weight recovery of 39.9% with no magnetic separation required
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Alumina is 0.52% (industry standard of 2%) with <5% silica content
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Low alumina to silica ratio ‐ ideal as a blending product for steel mills
Significant upside through expanded feasibility study
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Increase in annual production to 18‐20 million tpy through the addition of
a 2nd concentrator, which would increase the pre‐tax NPV8% to C$6.5
billion (based on preliminary company estimates)
Management’s development plan
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Completion of a bankable feasibility study within the next 12 months
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Significant potential to commence production over the next several years
1.
2.
3.
Includes C$9.47/t of concentrate of costs over life of mine associated with railway capital debt and interest payments
C$200 million equity component is included in the C$1.4 billion initial capex
Based on 62% Fe concentrate spot price forecast of US$115/t in years 1‐5 and US$110/t in years 6‐20. Assumes
exchange rate of US$1:C$1
February 2013 Pre‐Feasibility Results
Mine Life
P&P Reserves
LOM Strip Ratio
LOM Average Annual
Concentrate Production
Concentrate Grade
Average Operating Cost1
Initial Capital Cost
Rail Capital Contribution2
Project Economics3
19.6 years
465M tonnes at 32.4% Fe
2.74:1
9.3M tonnes
66% Fe
C$44.05/t of concentrate
C$1,394 million
C$200M in equity
C$1,133M in debt
Pre‐Tax NPV8% of C$3.3B
Pre‐tax IRR of 30.9%
Pre‐tax payback of 3.4 years
Fermont Holdings Global Resources
Tonnage (M t)
CFLN Project
M&I
Inferred
Total
Grade (Fe %)
746
2,821
3,567
31.1%
28.8%
Harvey‐Tuttle and Moire Lake Deposits
M&I
164
30.5%
Inferred
1,364
25.1%
Global Resource
5,095
9
10. Snelgrove Lake Project
Hematite and Multi‐Billion Tonne Iron Ore Resource Potential
Excellent access to infrastructure
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Located in Labrador approximately 65 km east of a heavy gauge rail connection at
Schefferville, Quebec with available capacity
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Low cost at C$0.04/kWh hydropower available from the Menihek Hydropower
station located 45 km from the project
Strong potential for hematite and a multi‐billion tonne magnetite deposit
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Exploration conducted by Altius Minerals Corp. (“Altius”) between 2009‐2011 defined
coexisting geophysical anomalies with a 33 km strike length and 170 m width that
were later successfully drilled
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Samples from the northern half of the Snelgrove Lake Project contain predominately
lower grade (30% to 35% Fe) taconite style mineralization
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Hematite‐bearing grab samples, from the southern part of the property, yielded 55%
to 64% Fe in domains of DSO‐type mineralization
Positive results from drill programs
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Three initial drill holes identified hematite mineralisation in the southern CLC region
to an approximate vertical depth of 235 m and a true width of 170 m
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Location of Project
Hole MM 13‐05 returned an aggregate thickness of 101 m grading 52% Fe with low alumina and
phosphorus
The summer 2013 drill program demonstrated hematite mineralization over 4 km
strike length to at least 100 m deep
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A second 6‐hole, 635 m summer 2013 drill campaign intersected hematite mineralisation similar
to that identified in hole MM 13‐05. Assays are pending
A further 1,500 m strike length remains untested
Option Agreement with Altius
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Option to acquire Atlius’ 100% interest in the Snelgrove Lake Project by September
2017
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Exercising option is conditional upon the following:
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Completing C$6.5 million in exploration spending by September 2017 (largely completed to date)
A$5.75 million option payment to Altius due three months after exercising option
Granting 3% NSR royalty to Altius
10
11. Thank You
Mamba.com.au Suite 301, Toronto, ON M5C 2T6
20 Adelaide Street East,
Championironmines.com
| 416 866 2200
ASX:MAB
TSX:CHM, FSE:PO2