in Supply in Confe re nc e : Va nc o uve r Ma y, 2010 nve sting - - PDF document

I nve sting in Ne w T in Supply

Inte rna tiona l T in Confe re nc e :

Va nc o uve r Ma y, 2010

Disc la ime r

T his pre se ntatio n has be e n pre pare d by Co nso lidate d T in Mine s L td (CS D) base d o n info rmatio n fro m its o wn and third party so urc e s and is no t a disc lo sure do c ume nt. By re taining this Pre se ntatio n, yo u (the Re c ipie nt) ac kno wle dg e and re pre se nt to CS D that yo u have re ad, unde rsto o d and ac c e pt the te rms o f this I mpo rtant No tic e . I f yo u do no t ac c e pt the se te rms, yo u sho uld imme diate ly de stro y o rde le te this Pre se ntatio n. T his Pre se ntatio n do e s no t purpo rt to c o ntain all info rmatio n that a pro spe c tive inve sto r may re quire in c o nne c tio n with any po te ntial inve stme nt in CS

• D. E

ac h Re c ipie nt must make its o wn inde pe nde nt asse ssme nt o f CS D be fo re ac quiring any se c uritie s in CS D (“S iti ”) Y h ld t t t th t t f thi P t ti i f ti id d i ti ith it fi i l d i (“S e c uritie s”). Yo u sho uld no t tre at the c o nte nts o f this Pre se ntatio n, o r any info rmatio n pro vide d in c o nne c tio n with it, as financ ial advic e , financ ial pro duc t advic e o r advic e re lating to le g al, taxatio n o r inve stme nt matte rs. Be fo re ac quiring any S e c uritie s, yo u sho uld ·c o nsult yo ur o wn advise rs and c o nduc t yo ur o wn inve stig atio n and analysis in re latio n to CS D. No re pre se ntatio n o r warranty is made by CS D o r any o f its advise rs, ag e nts o r e mplo ye e s as to the ac c urac y, c o mple te ne ss o r re aso nable ne ss o f the info rmatio n in this Pre se ntatio n o r pro vide d in c o nne c tio n with it. No info rmatio n c o ntaine d in this Pre se ntatio n o r any

• the r writte n o r o ral c o mmunic atio n in c o nne c tio n with it is, o r shall be re lie d upo n as, a pro mise o r re pre se ntatio n and no re pre se ntatio n o r

warranty is made as to the ac c urac y o r attainability o f any e stimate s, fo re c asts o r pro je c tio ns se t o ut in this Pre se ntatio n. No liability will attac h to CS D o r its advise rs with re spe c t to any suc h info rmatio n, e stimate s, fo re c asts o r pro je c tio ns. CS D do e s no t ac c e pt re spo nsibility o r liability fo r any lo ss o r damag e suffe re d o r inc urre d by yo u o r any o the r pe rso n o r e ntity ho we ve r c ause d (inc luding , witho ut limitatio n, ne g lig e nc e ) re lating in any way to this Pre se ntatio n inc luding , witho ut limitatio n, the info rmatio n c o ntaine d in o r pro vide d in c o nne c tio n with it, any e rro rs o r o missio ns fro m it ho we ve r c ause d (inc luding witho ut limitatio n, whe re c ause d by third partie s), lac k o f ac c urac y, c o mple te ne ss, c urre nc y o r re liability o r yo u, o r any o the r pe rso n o r e ntity, plac ing any re lianc e o n this Pre se ntatio n, its ac c urac y, l t li bilit CS D d t t ibilit t i f tt i i i t CS D’ ti c o mple te ne ss, c urre nc y o r re liability.CS D do e s no t ac c e pt any re spo nsibility to info rm yo u o n any matte r arising o r c o ming to CS D’ s no tic e afte r the date o f this Pre se ntatio n whic h may affe c t any matte r re fe rre d to in this Pre se ntatio n. Any liability o f CS D, its advise rs, ag e nts and e mplo ye e s to yo u o r to any o the r pe rso n o r e ntity arising o ut o f this Pre se ntatio n inc luding pursuant to the Australian S e c uritie s and I nve stme nts Co mmissio n Ac t, 2001, Co rpo ratio ns Ac t 2001 and the T rade Prac tic e s Ac t 1974 o r any o the r applic able law is, to the maximum e xte nt pe rmitte d by law, e xpre ssly disc laime d and e xc lude d. T he distributio n o f this Pre se ntatio n may be re stric te d by law in c e rtain jurisdic tio ns. Re c ipie nts, and any o the r pe rso ns who c o me into po sse ssio n o f this Pre se ntatio n must info rm the mse lve s abo ut, and o bse rve any suc h re stric tio ns any suc h re stric tio ns.

Future Matte rs

T his Pre se ntatio n c o ntains re fe re nc e to c e rtain inte ntio ns, e xpe c tatio ns, future plans, strate g y and pro spe c ts o f CS

• D. T

ho se inte ntio ns, e xpe c tatio ns, future plans, strate g y and pro spe c ts may o r may no t be ac hie ve d. T he y are base d o n c e rtain assumptio ns, whic h may no t be me t o r o n whic h vie ws may diffe r and may be affe c te d by kno wn and unkno wn risks. T he pe rfo rmanc e and o pe ratio ns o f CS D may be influe nc e d by a numbe r o f fac to rs, many o f whic h are o utside the c o ntro l o f CS

• D. No re pre se ntatio n o r warranty, e xpre ss o r implie d, is

made by CS D o r any o f its dire c to rs, o ffic e rs, e mplo ye e s, advise rs o r ag e nts that any inte ntio ns, e xpe c tatio ns o r plans will be ac hie ve d e ithe r to tally o r partially o r that any partic ular rate o f re turn will be ac hie ve d. Give n the risks and unc e rtaintie s that may c ause CS D’ s ac tual future re sults, pe rfo rmanc e o r ac hie ve me nts to be mate rially diffe re nt fro m tho se e xpe c te d, planne d o r inte nde d, Re c ipie nts sho uld no t plac e undue re lianc e o n the se inte ntio ns, e xpe c tatio ns, future plans, strate g y and pro spe c ts. CS D do e s no t warrant o r re pre se nt that the ac tual re sults, pe rfo rmanc e o r ac hie ve me nts will be as e xpe c te d, planne d o r inte nde d.

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NE W T IN SUPPL Y F ROM HIST ORIC T IN F IE L D

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He rb e rto n T in F ie ld

CAIR NS

BI BOOHRA

Histo ric T in Mine s in He rb e rto n T in F ie ld:

CAIR NS

F I SHE RY WAL K AMI N QUE E RAH

MAREE BA

F I SHE RY F AL L S PE T F ORD T OL GA AL MADE N E ACHAM

AT HERT ON YUNGABURRA MAL ANDA HERBERT ON

T UMOUL I N

HERBERT ON MI L L AA MI L L AA

I NNOT HOT SPRI NGS

RAVE NSHO E MOUNT GARNET

" ) " ) ! (

! (

HE RBE RT ON

MO UNT GARNE T

T OWNSVI L L E CAI RNS K OOMB OOL OOMB A

25 50 12.5 km

" ) " )

BRI SBANE

4

He rb e rto n T in F ie ld Histo ry

1875 – T

in disc o ve ry in He rb e rto n (Ja me s Ve nture Mullig a n)

1879 a pro spe c tus pa rty (Ja c k, Ne we ll,

Bra ndo n, Bro wn) fo und pa ya b le a mo unts o f tin in Pro spe c to rs Gully, whe re He rb e rto n to wn no w sta nds no w sta nds

T

his wa s a MAJOR find

1880 T

in mining c o mme nc e s a t o ne o f the ric he st T in finds in Austra lia c e s ds us a a

E

xpa nsio n c o ntinue d ra pidly thro ug h the 1880’ s

Ove r 2,000 na me d mine s sinc e its disc o ve ry

• ve r a c e ntury a g o

Mining sto ppe d 1985 due to T

in pric e c o lla pse

No o pe ra ting tin mine s to da y

5

E

no rmo us po te ntia l to re c o mme nc e mining

HE RBE RT ON T INF IE L D F UT URE POT E NT IAL F UT URE POT E NT IAL

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L a rg e Mine ra lise d Are a

I

nitia l mining a t He rb e rto n sa w g ra de s o f 50 to 60% Sn o re Que e nsla nd, Austra lia , sho wing He rb e rto n T in F ie ld (in re d) dire c tly shippe d to sme lte rs in Brita in

L

a rg e a re a o f o ve r 5,000km² i f

Mine d fo r o ve r a c e ntury o n

hig h g ra de tin

T

he re is ma ssive po te ntia l fo r a ‘ se c o nd g e ne ra tio n ‘ o f the se c o nd g e ne ra tio n o f the He rb e rto n tin fie ld mining la rg e vo lume / me dium g ra de

Sig nific a nt vo lume s o f e a sily

g y winna b le o pe n pit mina b le o re

E

no rmo us Po te ntia l

Re q uire s c e ntra l mill with

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e c o no my o f sc a le to tre a t ‘ se c o nd g e ne ra tio n’ me dium g ra de o re

K no wn T in Po te ntia l

Millio ns o f do lla rs ha ve b e e n spe nt drilling the tin fie ld Millio ns o f do lla rs ha ve b e e n spe nt drilling the tin fie ld Drilling prio r to tin pric e c o lla pse in 1985 wa s mo stly fo r c o mpa ny ‘ in

ho use ’ use a nd do e s no t c o mply with 2004 JORC Re so urc e re po rting re q uire me nts e q u e e s

E

xte nsive drilling to b ring a hug e vo lume o f T in to c o mply with 2004 JORC sta nda rd wo uld b e a mista ke fo r a ny c o mpa ny

CSD mo de l is to e sta b lish o nly suffic ie nt o re to mo de rn re po rting CSD mo de l is to e sta b lish o nly suffic ie nt o re to mo de rn re po rting

sta nda rd fo r first 8 to 10 ye a rs mine life

T

he ke y to the suc c e ss o f the ‘ se c o nd g e ne ra tio n’ o f the He rb e rto n T in F ie ld is a mill with the e c o no my o f sc a le to pro fita b ly tre a t me dium T in F ie ld is a mill with the e c o no my o f sc a le to pro fita b ly tre a t me dium g ra de o re (+/ - .5% Sn)

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He rb e rto n T in F ie ld Ce ntra l Mill Co nc e pt Ce ntra l Mill Co nc e pt

5 10 Km

Jimbilly

Po te ntial Ce ntral Mill L

• c atio n

Winde r mere Coolg arr a

Uppe r T

• p

Nettle C k

Pinnac le s

MOUNT GARNE T

Smiths Cr eek Mid R etur n Ck Upper Battle Ck Nettle C k Uppe r Nettle Ck

Gillia n

L

• we r

R e tur n Ck L

• wer

Battle Ck

L e g e nd

H a rd Ro c k Po te ntia l I ngro und T in Alluvial Po te ntial I ng r

• und T

in

Mt Garne t / He rbe rto n T in Fie lds K no wn T in Mine ralisatio n

CSD ML CSD E PM E xc luded Are a

He rb e rto n T in F ie ld Ce ntra l Mill Co nc e pt

CONFIDENTIAL INFORMATION

500 True North

Ce ntra l Mill Co nc e pt

500 m

1 . 9 k m

Tailing Dams (1.45M m³)

650m Da m Wa ll 16m De pth Waste Roc k

1.2km

Freshwater Capacity 4,643Ml, 4.6M m³, 88Ha

Po tentia l Spillwa y 650m Da m Wa ll 200m Da m Wa ll

High Voltage Power Line Kennedy Highway

Plant Site

L e g end Ore Stockpile Plant Site Co nsolida te d T in Mine s Propo se d Mt.G a rnet Ce ntra l Mill

Road to Airstrip from Plant Site to Highway 1km Plant Site Return Water Freshwater Dam T ailings Dam

Why Austra lia ?

North Que e nsla nd , Austra lia :

Sta b le g o ve rnme nt Go o d mining la ws So und e nviro nme nta l po lic ie s Mining e xpe rtise / E

xpe rie nc e d Mine wo rke rs

Sig nific a nt T

infie ld, e no rmo us po te ntia l i i i i

Me dium g ra de / hig h vo lume T

in pro duc tio n

Ne a r surfa c e lo w c o st mining

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CONSOL IDAT E D T IN MINE S L IMIT E D

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Co mpa ny hig hlig hts

F

• c use d o n de ve lo ping a ma jo r Austra lia n T

in mining o pe ra tio n

F

• c use d o n de ve lo ping a ma jo r Austra lia n T

in mining o pe ra tio n

Ma jo r He rb e rto n T

in F ie ld pre se nc e , ho lding mo st histo ric mine ra lisa tio n a re a s

Po rtfo lio o f hig h q ua lity T

in Pro je c ts

I

nitia l a im 8Mt-10Mt @ 0.5% (a vg ) tin*

De ve lo p o pe n pit mining o pe ra tio n pro duc ing 5,000t tin me ta l in De ve lo p o pe n pit mining o pe ra tio n pro duc ing 5,000t tin me ta l in

c o nc e ntra te pe r a nnum

I

nitia l mine life 8-10 ye a rs with ma jo r e xpa nsio n po te ntia l fro m pro je c t po rtfo lio p

Pro je c t we ll po sitio ne d re la tive to ma jo r ro a d, ra il, po rt infra struc ture

*Target mineralisation: This target resource statement is conceptual in nature as insufficient drilling has been undertaken at this

stage and it is uncertain that future drilling will result in the determination of this target. 13

Gillia n Pro je c t De po sit

Sho wing Mine ra lisa tio n ne a r surfa c e Gillia n Re so urc e : E nd Vie w fa c ing g rid no rth

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I nfra struc ture

Mt Ga rne t Pro je c t I nfra struc ture :

Po we r - 66K

VA tra nsmissio n line is lo c a te d within 1km o f the pro po se d mill site . Applic a tio n lo dg e d with lo c a l po we r supplie r E rg o n E ne rg y to pro vide inc re a se d c a pa c ity to me e t pro po se d use

Wa te r - Pro visio n to c o nstruc t a la rg e c a pa c ity sto ra g e da m. T

he pro je c t is lo c a te d within a re lia b le ra infa ll a re a

Po rt - Ne a re st po rt is Mo urilya n Ha rb o ur, 140km b y g o o d a ll we a the r

p y y g se a le d hig hwa y

Ro a d - Pro je c t lo c a te d a dja c e nt Na tio na l Hig hwa y 1 Sta ff & Ac c o mmo da tio n - Pro po se d pro je c t lo c a te d 6km fro m Mt Sta ff & Ac c o mmo da tio n - Pro po se d pro je c t lo c a te d 6km fro m Mt

Ga rne t a nd 40km fro m Ra ve nsho e . T he g e ne ra l lo c a lity is within a histo ric mining fie ld with lo c a l mining e xpe rtise a nd sta ff a va ila b le

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Pro je c t L

• c a tio n Ma p

[ [

Jimbilly

Legend

[Key Hard Rock Projects

3 6 km

WEIPA

G F

[ [ [

MDL381 E PM14185

Uppe r Nettle Cre ek Group Winderme r e Ne ve r Can T e ll Coolgarr a Gr

• up

[ Secondary Hard Rock Projects

G F

Alluvial Projects Excluded Area

CAIRNS

GEORGETOWN TOWNSVILLE

_

[

E PM15708

De a dma ns G ully

Cairns (~180km)

G F G F

[

MOUNT GAR NE T

ML 20585 ML 20544

Battle Cre ek Mid Re tur n Cre ek

Pinna c le s

K E N N E D Y H I GHWAY

G F

! (

[ [

ML 20584 ML 4073 ML 20583 40 4 ML 20585 ML 4069

Ne ttle Cree k

Gillian Pinna c le s

G F

ML 4074 MDL38

L

• we r

Re tur n Cre ek

Consolidate d T in Mine s L imite d

Mt Garnet Key Projects Jan 2009

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T he info rma tio n c o nta ine d in this re po rt tha t re la te s to a ssa y re sults o f ro c k sa mple s a nd drill c hips, to mine ra l re so urc e e stima te s a nd to o re re se rve e stima te s o f mine ra lisa tio n ha s b e e n c o mpile d b y Jo hn re se rve e stima te s o f mine ra lisa tio n ha s b e e n c o mpile d b y Jo hn Sa insb ury (BSc , AusI MM). Jo hn Sa insb ury is a g e o lo g ist o f 30 ye a rs e xpe rie nc e a nd ha s suffic ie nt e xpe rie nc e in the type o f mine ra lisa tio n unde r c o nside ra tio n to q ua lify a s a Co mpe te nt Pe rso n d fi d b th A t l i C d f R ti f E l ti a s de fine d b y the Austra la sia n Co de fo r Re po rting o f E xplo ra tio n Re sults, Mine ra l Re so urc e s a nd Ore Re se rve s - JORC Co de , 2004 E ditio n. Jo hn Sa insb ury is a n e xe c utive dire c to r o f Co nso lida te d T in Mine s L imite d. Jo hn Sa insb ury ha s c o nse nte d to the inc lusio n o f this e s e d. Jo Sa sb u y a s c o se e d o e c us o

• s

info rma tio n in the fo rm a nd c o nte xt in whic h it a ppe a rs.

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Co nta c t De ta ils

Ra lph De L a c e y Ra lph De L a c e y Ma na g ing Dire c to r Co nso lida te d T in Mine s 395 L a ke Stre e t 395 L a ke Stre e t CAI RNS NORT H, QL D, 4870 Ph: (07) 4032 0123 Ph: (07) 4032 0123 F a x: (07) 4027 9435 Mo b : 0428 163 176 E ma il: rd@ c sdtin c o m a E ma il: rd@ c sdtin.c o m.a u Or ra lph@ nq mining .c o m.a u

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