For personal use only COZIRON RESOURCES LIMITED PRESENTATION March 2012 1
Disclaimer For personal use only • DISCLAIMER • This presentation has been prepared by Coziron Resources Limited (“CZR”) . The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though CZR has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by CZR. Any forward-looking statements included in this document involve subjective judgment and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and may be unknown to, CZR. In particular, they speak only as of the date of this document, they assume the success of CZR’s strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward-looking statements and the assumptions on which the forward-looking statements are based. Recipients of this document (Recipients) are cautioned to not place undue reliance on such forward-looking statements. CZR makes no representation or warranty as to the accuracy, reliability or completeness of information in this document and does not take responsibility for updating any information or correcting any error or omission which may become apparent after this document has been issued. To the extent permitted by law, CZR and its officers, employees, related bodies corporate and agents (Agents) disclaim all liability, direct, indirect or consequential (and whether or not arising out of the negligence, default or lack of care of CZR and/or any of its Agents) for any loss or damage suffered by a Recipient or other persons arising out of, or in connection with, any use or reliance on this presentation or information. • This presentation is not an offer, invitation, solicitation or recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis for any contract or commitment whatsoever. • All amounts in Australian dollars unless stated otherwise. • COMPETENT PERSONS STATEMENT • The information in this report that relates to mineral resources and exploration results is based on information compiled by David Compston BScHons, PhD, MAIG. David Compston is a Consultant Geologist for the Creasy Group and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resou rces and Ore Reserves”. David Compston has given his consent to the inclusion in this report of the matters based on the information in the form and context in which it appears. 2
About Coziron For personal use only • IPO 25 August 2006. Main asset an 85% interest in an Iron Sands JV in Indonesia • Company suspended from ASX on 5 August 2009 • Reinstated to ASX Trading following DOCA on 24/2/11 • New Board Members/Management • New key shareholder – Yandal Investments Pty Ltd (Mark Creasy) - 38.5% • Recapitalised – $2.5M cash at bank, no debt • Continued review of Iron Sands JV • Major acquisition of three key projects announced on 02/01/12 3
Corporate For personal use only • ASX Code CZR • Shares on Issue (Pre-Transaction) 454,473,654 • Shares on Issue (Post Transaction ex funding) 954,473,654 • Shares on Issue (Post Transaction incl funding) 1,154,473,654 • Options On Issue Nil • Share Price (as at 06/03/12) $0.093 • Cash on Hand (as at 31/01/12) 2.1M • Market Capitalisation (Pre-Transaction) $42.3M • Market Capitalisation (Post Transaction ex funding) $88.8M Directors/Senior Management Adam Sierakowski Chairman Stephen Lowe Non Executive Director Kwong Choon Soong Non-Executive Director Stephen Hewitt-Dutton Company Secretary Major Shareholder Existing Holding 174,857,000 (38.5%) Mark Creasy Yandal Investments Pty Ltd Post Transaction 674,857,000 (70.7%) Post Transaction and Capital Raising 674,857,000 (58.5%) ($20M) 4
Directors Bios For personal use only • Mr Adam Sierakowski Adam Sierakowski is the co-founder and managing director of Perth based corporate advisory business, Trident Capital. Mr Sierakowski has held a number of board positions with ASX listed companies. He is a member of the Australian Institute of Company Directors and the Association of Mining and Exploration Companies. He is a lawyer and director of the legal firm Price Sierakowski. He has over 15 years’ experience in legal practice, much of which he has spent as a corporate lawyer consulting and advising on a range of transactions to a variety of large private and listed public entities. • Mr Kwong Choon Soong Mr Soong was previously General Manager of Malaysia Airlines based in Perth, Australia. He has worked with the airline for over 25 years as a senior manager, and also as Director of Industrial Relations. His qualifications include a Bachelor of Arts Degree. Mr. Soong is currently a Director of 2 private limited companies involved in information technology. • Mr Stephen Lowe Mr Stephen Lowe is a taxation specialist with over 15 years experience consulting to a wide range of corporate and private clients on a broad range of taxation issues including mining and international matters, GST and CGT. He is a former director of the Perth based specialist taxation firm MKT - Taxation Advisors as well as former non-executive director of Apex Minerals Ltd. He is currently a director of Sirius Resources NL. His qualifications include a Bachelor of Business, Post-Graduate Diploma in Advanced Taxation and a Master of Taxation from the University of New South Wales. Steve is a Fellow of the Taxation Institute of Australia and a Member of the Australian Institute of Company Directors. Mr Lowe is currently the business manager for major shareholder Mark Creasy’s business group. • Mr Stephen Hewitt-Dutton – Company Secretary Mr. Hewitt-Dutton has over 20 years of experience in corporate finance, accounting and company secretarial matters. He is an Associate Director of Trident Capital and holds a Bachelor of Business from Curtin University, is an affiliate of the Institute of Chartered Accountants and a Senior Associate of FinSIA. Before joining Trident Capital, Mr. Hewitt-Dutton was an Associate Director of Carmichael Corporate where he assisted clients by providing equity market, IPO and M&A advice and assistance. He has also held Financial Controller and Company Secretary positions for both public and private companies for in excess of 15 years. 5
Acquisition of Three New Projects For personal use only • Acquisition of 85% interest in three key projects for total issue of 500M shares @ deemed value of $15M ($0.03 per share) • Vendor retains 15% free carried interest through to end of any Bankable Feasibility Study • Vendor entitled to be partially reimbursed past exploration expenses limited to a maximum of $2M • CZR to raise a minimum of $10M at $0.10 or greater within 165 days from transaction • Projects • Zanthus Resources Pty Limited* (Yarraloola Project) – Iron (Fe) Goethite/Hematite • Buddadoo Metals Pty Limited* (Buddadoo Project) – Iron (Fe) Magnetite; VMS Cu/Zn • KingX Pty Limited* (Kingston Project) - Manganese * All entities associated with Mr Mark Creasy • 6
CZR – Project Locations For personal use only 7
Yarraloola Project Potentially the next significant Iron Ore project in the Pilbara For personal use only • Nine contiguous tenements totalling 1,400 km 2 , the largest non listed company held land package in the Pilbara Archean Hamersley Province. • Marra Mamba Formation, Wittenoom Dolomite and Brockman formation Iron Ore occurrences dominate eastern half of the project area. • Significant geological work completed, including a close spaced aero magnetic survey, stream sediment sampling, rock chip sampling and geological mapping identifying numerous drilling targets. • Magnetics indicate substantial strike length of key iron ore formations – Brockman (26 kms) and Marra Mamba (29 kms). • Over 231 surface samples return high, anomalous Fe results (> 40%). 44 Samples > 55% Fe. • No drilling on tenements to date. 8
Yarraloola Project – Observations The most Northwestern occurrence of the Marra Mamba formation. • For personal use only • Approximately 30 strike kilometres of Marra Mamba formation thought to be prospective for DSO quality Fe. Widespread iron alteration in the upper most unit of the Marra Mamba • formation has been mapped and sampled. A Northeast-Southwest trending and southwesterly plunging synclinal • structure approximately 5 kilometres in width has been mapped in the northern portion of the project area. • Extensive Brockman Formation magnetite BIF indicated throughout southern portion of tenements. 9
For personal use only Western Australia Note: Yarraloola Project tenements are closest to coast of any Marra Mamba formation within the prolifically iron ore rich Hamersley Basin, and on strike from many major mines 10
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