of new ideas March 2013 Forward-looking statements Certain - - PowerPoint PPT Presentation

The true depth

• f new ideas

March 2013

Forward-looking statements

Certain statements in this presentation constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Ivanplats Limited (the “Company”), or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “believe”, “plan”, “estimate”, and other similar terminology, or state that certain actions, events or results “may” or “would” be taken, occur or be achieved. Forward-looking statements are based on a number of assumptions that may or may not prove to be correct, and involve significant risks and uncertainties, and accordingly should not be read as guarantees of future performance or results, and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the forward- looking statements set forth in this presentation. These factors include, but are not limited to: (i) the matters described in the Final Prospectus of the Company dated October 17, 2012, (the “Final Prospectus”), which includes a discussion under the heading “Forward Looking Statements” regarding relevant forward-looking statements and the assumptions, risks and uncertainties related thereto that are important to an understanding of the forward-looking statements included in this presentation; and (ii) those risks and uncertainties affecting the Company which are included throughout the most recent MD&A of the Company. Investors are directed to the “Risk Factors” section of the Final Prospectus and of the most recent MD&A of the Company, which identify in detail several of the important risks relating to the Company that may have an impact on the forward-looking statements included in this presentation, copies of which are available on under the Company’s profile at www.sedar.com. The forward-looking statements contained in this presentation are based upon the Company’s current expectations and are made as of the date

• f this presentation. The Company cannot assure investors that actual results will be consistent with these forward-looking statements and they

are expressly qualified in their entirety by this cautionary statements. Subject to applicable securities laws, the Company assumes no obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this presentation. IMPORTANT INFORMATION This presentation relating to the Company is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities to the public in the United States and should not be considered as a recommendation that any person should subscribe for or purchase any securities of the Company.

• For almost a generation, Ivanplats has been

effectively developing its core strengths in Africa’s mineral fields.

• Launched in 1994 as African Gold and began

exploring in South Africa.

• Active in Democratic Republic of Congo

since 1996.

• US$255 million from private financings

invested in projects to end of 2011.

• Japanese investors, led by trading house

Itochu, invested US$290 million for a 10% stake in the Platreef PGM Discovery in South Africa.

• 18 years of company-building field experience
• Exceptional exploration successes

We’ve done it once already...Oyu Tolgoi in Mongolia now producing copper and gold

• In October 2012, Ivanplats began trading on the TSX following

a successful IPO that raised CDN$306 million (US$308 million).

• Total equity issued in connection with IPO was CDN$499 million

(US$501 million), including conversion into common shares

• f CDN$193 million in pre-IPO bonds.
• Largest Canadian mining IPO since 2010.

Successful IPO and TSX listing in October 2012 marked a new beginning for Ivanplats

Ian Cockerill

Former CEO, Gold Fields Lead Independent Director

• Dr. Rilwanu Lukman

Former Secretary General and President, OPEC

Oyvind Hushovd

Former CEO, Falconbridge

Guy de Selliers

Former Executive Committee, EBRD

• Dr. Marc Faber

Former Director, Ivanhoe Mines

Peter Meredith

Former Deputy Chairman, Ivanhoe Mines

Cyril Ramaphosa

Deputy President, ANC; Chairman, MTN

William Hayden

Former President, Ivanplats

Charles Russell

Former President, Diamond Fields Resources

William Lamarque

Former Executive Director, Rothschild

Board of Directors

Robert Friedland, Executive Chairman and founder

Lars-Eric Johansson CEO Former Chief Financial Officer of Falconbridge, Noranda, Kinross Gold and Boliden. Marna Cloete CFO Formerly with PricewaterhouseCoopers; client base included Rio Tinto, BHP Billiton and Harmony Gold. Michael Gray COO Former President of McIntosh Engineering; experience at Grasberg, Bingham Canyon, El Teniente and Olympic Dam. Steve Garcia

EVP & Chief Development Officer

Former Executive Vice President of Ivanhoe Mines; directed construction of Oyu Tolgoi Mine (2005-2012) David Broughton EVP Exploration Key participant in Kamoa and Flatreef discoveries and Kansanshi pre-feasibility; involved in Tenke-Fungurume. Michel Dufresne VP Projects Over 25 years of development and operational experience at Collahuasi, Sudbury, Koniambo, Kidd Creek and Raglan.

Experienced management team

Platreef Project

South Africa

Platreef PGE-Gold-Nickel-Copper Project

• Average thickness of 24 metres @ 2 g/t 4PE cut-off.
• Potential for safe, mechanized mining and significant

by-product credits.

• Significant exploration upside and open along strike

for several kilometres.

Tonnage (Mt) 4PE (g/t) Nickel % Copper % True Thick- ness (m) Contained Metal 4PE (Moz) Ni (M lbs) Cu (M lbs) Indicated Resource

223 4.1 0.34 0.16 24.3 29.2 1,700 800

Inferred Resource

410 3.3 0.32 0.18 18.0 44.0 2,900 1,600

Platreef 43-101-Compliant Mineral Resource, February 2013 @ 2 g/t 4PE cut-off

Note: Mineral Resources estimated assuming underground selective mining methods. 4PE = (Pt+Pd+Au+Rh). Nominal cut-off criteria for 2 g/t grade shell is minimum 3 metres.

Bushveld Complex produces 73%

• f global primary platinum production
• PGE production mainly

from Merensky and UG2 reefs

Legend Anglo Platinum Impala Lonmin Other Town / City Smelter / refinery

100 km

PLATREEF PROJECT

• ~30 km Platreef

horizon dips west.

• Platreef PGE-Au-Ni-Cu

mineralization has thicknesses up to hundreds

• f metres.

Platreef licences

• n Northern Limb

Key Platreef Ivanplats Ivanplats JV City Anglo Platinum Mine Fault Property Boundary Lonmin

5 km

Platreef

Turfspruit Macalacaskop

Platreef history

15

• 2000-2006: Discovery
• f open-pit resource;

563 holes, 187,000 metres.

• 2007-2012: Discovery
• f underground resource;

413 holes; ~443,000 metres.

• 2010: Discovery of thick

high-grade Flatreef.

• 2011: 30 drill rigs; discovery
• f southwest extension.

Area 1 SW extension Cross- Section Platreef Macalacaskop Turfspruit Rietfontein UMT deposit AMK + ATS deposits

Flatreef cross-section

• Highest grades occur at top of Platreef

UMT in Flatreef Drillholes ATS & UMT shallow holes

4.2 km 500 m

NE SW 1000 0 m 2000 500 1500 Main Zone

Flatreef

Selective High-Grade Zone

View to northwest

Coarse-grained sulphides in Flatreef

Merensky Reef, Rustenberg drill hole UMT015D1

Flatreef: Merensky grades at Platreef widths

Merensky Reef Flatreef(1) Grade 4 - 10 g/t 3PE 4.1 g/t 4PE True thickness ~ 0.4 – 1.5 m 24.3 m Grade - thickness (g-m/t) < 5 - 15 99.6

(1) Indicated Mineral Resource, cumulative T1m plus T2 zones, 2 g/t 4PE (Pt + Pd + Rh + Au) cut-off

18.8-metre intercept @ 4.57 g/t 3PE, 0.65% nickel & 0.28% copper

708.5m 727.3m

Flatreef deposit

Flatreef Mineral Resource, Feb. 2013*

Exploration Targets Range Tonnes (Mt) 4PE (g/t) Ni (%) Cu (%) Target 1 2.5 km2 low 31 3.36 0.26 0.13 high 62 5.03 0.38 0.19 Target 2 7.6 km2 low 50 2.91 0.24 0.12 high 220 4.11 0.32 0.16

3 km

Note: These exploration targets are conceptual in nature and there has been insufficient exploration to define the exploration targets as a mineral resource. It is uncertain whether further exploration will result in these exploration targets being delineated as a mineral resource. For a discussion on the material assumptions of the exploration targets, please refer to the Platreef Technical Report.

Untested areas: 37.5 km2 Step-out drill hole

This area contains: Indicated – 223Mt @ 4.1 g/t 4PE, 0.34% nickel, 0.16% copper. Inferred – 410 Mt @ 3.3 g/t 4PE, 0.32% nickel, 0.18% copper.

*selective underground mining, 2 g/t 4PE cut-off

Strong and supportive strategic partners

• Sep 2010: Itochu Corp. of Japan acquired 2% of Platreef for US$10M.
• May 2011: Itochu, JOGMEC and JGC purchased additional 8%

for US$280M.

• Potential for Japanese government-supported project financing.

Itochu site visit to Platreef, 2011

Kamoa Project

Democratic Republic of the Congo

Kamoa Project, 2011

Kamoa Copper Project

• First major Copperbelt discovery in DRC since early 1900s.
• The world’s largest undeveloped high-grade copper

discovery.

• Positioned to become a low-cost copper producer using

conventional mining methods.

Kamoa 43-101-Compliant Mineral Resource, December 2012

Note: Mineral Resources have an effective date of December 10, 2012. Mineral Resources are reported using a total copper (Cu) cut-off grade of 1% Cu and a minimum assumed mining thickness of 3 metres. A 1% Cu cut-off grade is typical of analogue deposits in Zambia.

Copper cut-off Tonnage (Mt) Copper Grade Contained Copper (billion lbs) Indicated Resource

3.00% 224 3.85% 19.0 2.00% 550 3.04% 36.9 1.00% 739 2.67% 43.5

Inferred Resource

3.00% 19 3.40% 1.4 2.00% 93 2.64% 5.4 1.00% 227 1.96% 9.8

Redefining the prolific Central African Copperbelt

• DRC mines have world’s highest average copper grades.

Outcropping copper oxide mineralization typical of DRC Copperbelt

Tenke-Fungurume, September 2003

• Exploration target:

520-790Mt @ 1.6%-2.5% copper.

• High-grade open

down-dip to east; open along strike to south.

• 58,000 metres
• f drilling planned

& budgeted Q1 2013-Q1 2014.

Excellent potential to expand resources

Note: Exploration Targets are conceptual in nature and there has been insufficient exploration to define such Exploration Targets as Mineral

• Resources. It is uncertain if further exploration will result in these

Exploration Targets being delineated as Mineral Resources.

Mineral zonation

• No artisanal mining.
• True thicknesses from 2.4 to 17.6 metres; averages 5.6 metres.
• High-grade bornite-chalcocite, open down-dip for expansion.

Note: not to scale

sandstone

West East

Note: not to scale

• M. & I.

Inf. Copper Grade

Inferred

• Meas. & Ind.

World’s top 10 deposits with over 2.5% copper

Kamoa now ranks as Africa’s largest high-grade copper discovery

19.7 13.0 6.5 4.6 2.9 1.0 1.0 0.8 0.8 0.8 4.5 4.9 2.5 3.6 0.6 1.9 0.5 0.5

2.7% 2.6% 5.4% 4.4% 4.5% 3.2% 3.8% 5.5% 2.7% 5.1% 2.0% 2.0% 3.6% 4.1% 5.0% 3.1% 3.6% n/a n/a 5.3%

Contained Copper (Mt)

Source: Brook Hunt – A Wood Mackenzie Company Note: Measured & Indicated Mineral Resources, inclusive of Mineral Reserves, and Inferred Mineral Resources, for top ten global deposits with grades >2.5% Cu

25.0 19.7 14.6 14.3 12.5 10.1 8.7 7.5 7.1 6.9 6.3 4.5 8.6 10.0 2.7 10.2 6.8 1.5 3.8

• 0.5%

1.0% 1.5% 2.0% 2.5% 3.0%

Contained Copper (Mt)

The world’s top 10 undeveloped copper deposits

Inferred Measured & Indicated

Average copper grade

Copper Grade

Source: Brook Hunt – A Wood Mackenzie Company. Note: Measured & Indicated Mineral Resources, inclusive of Mineral Reserves, and Inferred Mineral Resources for top 10 global undeveloped copper deposits

Initial Mining Rate (Base Case) 5 Mtpa Copper Production 143,000 tpa Cash Cost $0.95/lb Cu Initial Capex $2.0 billion NPV10 @ $2.85 Cu $1.2 billion NPV10 @ $3.50 Cu $2.1 billion Mine Life 61 years

• Updated PEA expected

first half of 2013.

• Preliminary work indicates

7.5 Mtpa allows more efficient use of capital.

• Scalable production:

Potential mining rate

• f up to 20 Mtpa.

Note: The Preliminary Economic Assessment is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the projected results of the Preliminary Economic Assessment will be realized. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

• 1. Average first 10 years of production
• 2. Average first 10 years’ cash cost after acid credits (before credits $1.19/lb Cu)
• 3. After-tax NPV, discounted at 10%, assuming a long term copper price of $2.85/lb and $3.50/lb, respectively

(2)

(3)

Preliminary Economic Assessment (PEA)

(1) (3)

Positioned to become a low-cost copper producer

• $0.50

$1.00 $1.50 $2.00 $2.50 $3.00 $3.50

2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 2012E Cash Cost (US$/lb Cu) Cumulative Production (kt Cu)

(1)

• 1. Represents C1 cash costs which reflect the direct cash costs of producing paid metal incorporating mining, processing and offsite

realisation costs having made appropriate allowance for the co-product revenue streams. Source: Brook Hunt – A Wood Mackenzie Company

2012E Copper Cash Costs (1)

Kamoa first 10 years Average: US$0.95/lb

DRC regional infrastructure

• DRC power lines are 10 km

from Kamoa.

• Agreement with state power

company to refurbish two hydro-electric plants.

April 2012: power line supplying Kolwezi.

DRC regional infrastructure

April 2012: power line supplying Kolwezi.

Mwadingusha dam

DRC regional infrastructure

April 2012: power line supplying Kolwezi.

Katanga electrified railway line

Kamoa camp

April 2012: power line supplying Kolwezi.

Kipushi #5 Shaft, 2011

Kipushi Project

Democratic Republic of Congo

Kipushi Zinc-Copper Project

• Past-producing high-grade zinc-copper mine.
• Focused on defining prospective Big Zinc deposit.
• Underground access available for redevelopment.

Historical Resource Estimate

Historical cut-off: Low grade: 1% < copper < 2% and 7% < zinc < 14%. Waste: copper < 1% and zinc < 7%.

Note: A Qualified Person has not done sufficient work to classify these historical estimates as current Mineral Resources and Ivanplats is not treating such historical estimates as current Mineral Resources. Historical resource estimate by Techpro Mining and Metallurgy in 1997.

Tonnage (Mt) Zinc Grade Copper Grade Measured & Indicated

16.9 16.8% 2.3%

• including Big

Zinc deposit

4.7 38.6% 0.8%

Inferred

9.0 23.3% 1.9%

Kipushi: in southeast DRC adjacent to Zambia

• Ivanplats (operator) owns 68% interest; Gecamines owns 32%.
• Past production (1924 - 1993): 60 Mt @ 11% zinc, 7% copper,

~278 tonnes of germanium.

• Historical unmined resources, including Big Zinc deposit.

Redeveloping Kipushi

Kipushi Project, April 2012

• Installation of dewatering pump at Shaft #5, 2012

Redeveloping Kipushi

• Exploration drilling, March 1925

Historical photos

• Kipushi open pit, November 1928

Historical photos

Kipushi geology and infrastructure

• Kipushi Fault was mined 1924-1993 to ~1,150 level
• Discovery of Big Zinc deposit prior to closure, never mined

OPEN

Shafts

• ~100 m x 40-80 m x 300 m,
• pen at depth.
• Historical M & I Resource

stated to 1,500-metre depth.

• Drilling confirms

continuation below the 1,640-metre level.

1300 1400 1500 1600

41m 44% Zn 85m 45% Zn 95m 43% Zn 82m 45% Zn

VERTICAL SECTION WITH DRILL INTERCEPTS

1272mL

Big Zinc deposit

Kipushi Fault zone

Big Zinc deposit

OPEN

Key milestones

KAMOA PLATREEF

2013 Update PEA PFS Update resources Commence shaft Q3 Q2 Q1 2012 Q4 Q4 Q3

KIPUSHI

Dewater to 1,250mL Underground Drilling Refurbish shaft Apply for Mining Right

Financial information

Trading symbol TSX:IVP Shares

• utstanding

Class A Common Shares: 405,468,145 Class B Common Shares: 123,347,684 Market cap C$2.2 billion Major shareholders Robert Friedland Ontario Teachers Pension Plan Tocqueville Asset Management EBX Group Co. Fidelity

Information current as of February 26, 2013

The new source

• f key minerals

for world markets