PIL BARA INF RAST RUCT URE A NE W L ANDSCAPE IT S A GOOD T - - PowerPoint PPT Presentation

▶
pil bara inf rast ruct ure a ne w l andscape it s a good
SMART_READER_LITE
LIVE PREVIEW

PIL BARA INF RAST RUCT URE A NE W L ANDSCAPE IT S A GOOD T - - PowerPoint PPT Presentation

May 17, 2023 173 likes •475 views

PIL BARA INF RAST RUCT URE A NE W L ANDSCAPE IT S A GOOD T IME T O SE CURE INF RAST RUCT URE 2013 Inve stor Pr e se ntation Nove mbe r Austr alian Jour nal of Mining 2015 e nc e Global Ir on Or e and Ste e l F

slide-1
SLIDE 1

PIL BARA INF RAST RUCT URE – A NE W L ANDSCAPE

Inve stor Pr e se ntation – Nove mbe r 2013

Russe ll T ippe r, Chie f E xe c utive Offic e r, Bro c kma n Mining Austra lia

IT ’S A GOOD T IME T O SE CURE INF RAST RUCT URE

Austr alian Jour nal of Mining 2015 Global Ir

  • n Or

e and Ste e l F

  • r

e c ast Confe r e nc e

Co lin Pa te rso n, E xe c utive Dire c to r, Bro c kma n Mining L imite d

slide-2
SLIDE 2

2

Disc la ime r

T his pre se nta tio n ha s b e e n pre pa re d b y a nd issue d b y Bro c kma n Mining L imite d (“Bro c kma n” o r “the Co mpa ny”) to a ssist it in info rming inte re ste d pa rtie s a b o ut the Co mpa ny. It sho uld no t b e c o nsid e re d a n invita tio n o r o ffe r to subsc rib e fo r o r purc ha se a ny se c uritie s in the Co mpa ny o r a s a n ind uc e me nt to ma ke a n o ffe r o r invita tio n with re spe c t to tho se se c uritie s. No a g re e me nt to sub sc ribe fo r se c uritie s in the Co mpa ny will be e nte re d into o n the b a sis

  • f this pre se nta tio n.

T his pre se nta tio n c o nta ins fo rwa rd lo o king sta te me nts. While Bro c kma n ha s no re a so n to b e lie ve tha t a ny sta te me nts a re e ithe r fa lse , misle a d ing o r inc o rre c t, it c a nno t g ua ra nte e tha t thro ug h e ithe r pa ssa g e o f time o r a c tio ns b e yo nd the c o ntro l o f Bro c kma n, the y will no t b e c o me so . Yo u sho uld no t a c t o r re fra in fro m a c ting in re lia nc e o n this pre se nta tio n ma te ria l. T his o ve rvie w o f Bro c kma n d o e s no t purpo rt to b e a ll inc lusive o r to c o nta in a ll info rma tio n whic h its re c ipie nts ma y re q uire in o rd e r to ma ke a n info rme d a sse ssme nt o f the Co mpa ny’ s pro spe c ts. Yo u sho uld c o nd uc t yo ur o wn inve stig a tio n a nd pe rfo rm yo ur o wn a na lysis in

  • rd e r to sa tisfy yo urse lf a s to the a c c ura c y a nd c o mple te ne ss o f the info rma tio n, sta te me nts a nd o pinio ns c o nta ine d

in this pre se nta tio n b e fo re ma king a ny inve stme nt d e c isio ns. T he re a re a numbe r o f risks, b o th spe c ific to Bro c kma n a nd o f a g e ne ra l na ture whic h ma y a ffe c t the future o pe ra ting a nd fina nc ia l pe rfo rma nc e o f Bro c kma n a nd the value o f a n inve stme nt in Bro c kma n inc luding a nd no t limite d to e c o no mic c o nd itio ns, sto c k ma rke t fluc tua tio ns, iro n o re d e ma nd a nd pric e mo ve me nts, a c c e ss to infra struc ture , timing o f e nviro nme nta l a ppro va ls, re g ula to ry risks, o pe ra tio na l risks, re lia nc e o n ke y pe rso nne l, re se rve a nd re so urc e e stima tio ns, na tive title a nd title risks, fo re ig n c urre nc y fluc tua tio ns a nd mining d e ve lo pme nt.

slide-3
SLIDE 3

3

Ove r vie w

  • Ab o ut Bro c kma n
  • F

ina nc ia l b a c king

  • Pro je c ts o ve rvie w
  • I

nfra struc ture So lutio n

  • Co nc lusio n
slide-4
SLIDE 4

4

Capital Str uc tur e

Bro c kma n Mining L imite d is liste d o n the HK E x (159) a nd the ASX (BCK )

Ma rc h 2015

Sha re s o n issue 8.4 b illio n Ma rke t c a pita lisa tio n (i) A$444.2 millio n Ca sh o n ha nd (ii) A$22.2 millio n De b t nil E nte rprise va lue A$424.5 millio n Optio ns o n issue 352.5 millio n

(i) As o f 6th Ma rc h 2015 a t A$0.053 pe r sha re (ii) As o f 31st De c e mb e r 2014 (A$ to HK D a t 6.33)

slide-5
SLIDE 5

5

  • Bro c kma n ha s 35 Mtpa to unde rpin a n E

a st Pilb a ra infra struc ture so lutio n.

  • Bo th Ma rilla na (20mtpa ) a nd Ophtha lmia (15 Mtpa )

pro je c ts o ffe r sig nific a nt to nna g e thro ug hput, lo ng mine life (15-20 ye a rs) a nd pro duc ts ma rke te d in the 62% F e inde x.

  • Bro c kma n ma inta ins a fo unda tio n sha re ho lde r po sitio n in

No rth We st I nfra struc ture (NWI ). NWI is the de live ry ve hic le fo r the Sta te Go ve rnme nt’ s c o nfe rra l o f 50 Mtpa ‘ B’ c la ss c a pa c ity a llo c a tio n to de ve lo p a Junio r Po rt fa c ility a t So uth We st Cre e k in Po rt He dla nd po rt.

Br

  • c kman - a pr
  • duc e r

in the making

slide-6
SLIDE 6

6

Str

  • ng Shar

e holde r Suppor t

  • Bro c kma n is suppo rte d b y b o th

Chine se a nd Austra lia n sha re ho lde rs.

  • Bro c kma n’ s ma jo r sha re ho lde rs

ha ve sig nific a nt inve stme nt inte re sts in China a nd Austra lia whic h will fa c ilita te the c o mme rc ia lisa tio n o f Ma rilla na .

  • T

he la rg e st sha re ho lde r, Oc e a n L ine Ho lding s (~22%) ha s a n inte re st in 4 b e rths a t T ia njin Po rt with 100Mtpa c a pa c ity (US$2B inve stme nt) a nd c a rrie s o ve r 50Mtpa in se a b o rne c a rg o e s.

slide-7
SLIDE 7

7

Mar illana & Ophthalmia Mine s

slide-8
SLIDE 8

8

Broc kma n Pilba ra Asse ts

slide-9
SLIDE 9

9

Ma rilla na – a c ompe titive proje c t

PROJE CT

Mining Re se r ve (JORC 2004)

1.05 Bt (Pro ve n: 133 Mt, Pro b a b le : 916 Mt)

F inal pr

  • duc t and gr

ade

426 millio n to nne s a t 60.5–61.5% F e , lo w impuritie s.

Mining Ope r ations

  • Co nve ntio na l truc k a nd sho ve l
  • F

re e dig g ing

  • Ave ra g e Strip Ra tio : 0.8 o ve r life o f mine

Annual pr

  • duc tion

Up to 20 Mtpa (we t)

F ir st pr

  • duc tion

Sub je c t to a n infra struc ture so lutio n b e ing c o nfirme d a nd fina lise d

Mine life (initial)

Ove r 20 ye a rs

C1 ope r ating c ost (mine )

A$21-24/ t (US$17-19/ t)

slide-10
SLIDE 10

Mar illana – Simple Mining & Pr

  • c e ssing

Pit 6 Pit 1 Pit 5 Pit 2 Pit 4 Pit 3

  • Sha llo w, la rg e sc a le mining
  • Simple ro b ust pro c e ss flo w she e t
  • Po sitive sinte ring pe rfo rma nc e
  • 8 mm +1 mm pro duc t size – no ultra fine s
  • Additio na l yie ld po ssib le fro m -1mm ma te ria l
slide-11
SLIDE 11

11

Ma rilla na De trita l Proc e ssing Pla nt

FINE REJECTS STORAGE FINE REJECTS THICKENER RAIL TO PORT DETRITAL PRODUCT STOCKPILE CRUSHED ORE STOCKPILE SECONDARY CRUSHING SCREENING REFLUX CLASSIFIERS DMS CIRCUIT COARSE REJECTS WET SCREENING SCRUBBING REJECTS REJECTS CONCENTRATE CONCENTRATE PRIMARY SIZER +32mm Natural -1mm

  • 32+8mm
  • 8+1mm

Generated -1mm

  • 8+1mm

+8mm 20 Mtpa (wet) Fe – 60.9% SiO2 – 6.8% Al2O3 – 3.1%

slide-12
SLIDE 12

12

Mar illana – Pilot Sc ale T e stwor k

  • 320 to nne b ulk sa mple fro m two

a re a s pro c e sse d a t a no mina l ra te

  • f 5 to nne / ho ur
  • Me t o r e xc e e de d a ll e xpe c te d

b e ne fic ia tio n pa ra me te rs

– F

e (60.9%)

– Yie ld +40% – Pho s 0.076%

  • E

xte nsive sinte r te stwo rk b a se d o n this pro duc t re pla c ing up to 25%

  • f c o mpe tito r o re s de mo nstra te d :

– I

mpro ve d pro duc tivity

– L

  • w fue l usa g e

– Hig h yie ld, – Hig h T

umb le I nde x

– Hig h Re duc ib ility I

nde x

– L

  • w Re duc tio n De g ra da tio n

I nde x

slide-13
SLIDE 13

13

Ophthalmia – ne xt phase

  • Po te ntia lly a s sig nific a nt a s the

Ma rilla na Pro je c t with b e dde d he ma tite mine ra lisa tio n (DSO) disc o ve re d 15 – 30 km no rth o f Ne wma n.

  • Curre nt JORC 2012* Mine ra l

Re so urc e o f 341 Mt a t 59.3% F e fro m de po sits a t Co o ndine r (Pa lla s a nd Ca sto r), K a lg a n Cre e k a nd Sirius.

  • L
  • c a te d o nly 70 – 80 km fro m

Ma rilla na , pro viding o ppo rtunitie s to c o nne c t to the Ma rilla na Pro je c t infra struc ture so lutio n.

  • Pre fe a sib ility study c urre ntly

unde rwa y. *As pre vio usly re po rte d in ASX a nno unc e me nt da te d De c e mb e r 1 2014

slide-14
SLIDE 14

14

Rail

slide-15
SLIDE 15

15

Rail Options

  • Co nfide nt we will a c hie ve a ra il so lutio n
  • T

PI Ra il a c c e ss

– Ac c e ss Applic a tio n sub mitte d to the T

PI ra ilwa y in Ma y 2013 unde r the WA Ra il Ac c e ss Co de (2000). T PI c ha lle ng e d this a pplic a tio n b o th with the E c o no mic Re g ula tio n Autho rity a nd in the WA Supre me Co urt o n the b a sis o f Bro c kma n’ s pro je c t is inva lid.

– I

n Se pte mb e r 2014, the Supre me Co urt de te rmine d tha t Bro c kma n’ s a pplic a tio n wa s va lid.

– Bro c kma n Se c tio ns 14 a nd 15 a pplic a tio ns a re ne a r

c o mple tio n.

– Onc e sub mitte d, the ne g o tia te / a rb itra te a c c e ss mo de l is

unde rwa y.

slide-16
SLIDE 16

16

Othe r Rail Options

  • Ne g o tia te d ha ula g e

– I

nfra struc ture o wne rs mo re pra g ma tic

– Se e po te ntia l to use a s a pro fit

c e ntre to o ffse t re duc e d o re re ve nue s

  • Ne w ra il

– Aurizo n Re la tio nship

Ag re e me nt - E PI R

– MRL

(BOT S) – pro po se d c o rrido r runs thro ug h Ma rilla na le a se

slide-17
SLIDE 17

17

Por t Options

slide-18
SLIDE 18

18

Por t Infr astr uc tur e

  • NWI

is a jo int ve nture b e twe e n Bro c kma n & Atla s;

  • NWI

is the de live ry ve hic le fo r the Sta te Go ve rnme nt’ s 50 Mtpa ‘ B’ c la ss Junio r Po rt c o nfe rra l a t So uth We st Cre e k (SWC), Po rt He dla nd, whic h inc lude s two b e rths a nd a sto c kya rd;

  • No sha re ho lde r ha s a spe c ific

c a pa c ity a llo c a tio n;

  • NWI

is e ng a g ing with po te ntia l infra struc ture pro vide rs a nd we lc o me s fo rma l pro po sa ls;

  • A ra il so lutio n re ma ins ke y to the

suc c e ss o f this.

slide-19
SLIDE 19

19

T r anshipping Oppor tunitie s

  • T

he Junio r Po rt c a n lo o k a t o the r

  • ppo rtunitie s in ‘ C’ c la ss whic h c o uld

inc re a se the SWC po te ntia l c a pa c ity b e yo nd 50 Mtpa ;

  • Built-fo r-purpo se T

ra nshipme nt Shuttle Ve sse ls c a n utilise lo w tide slo ts;

  • L
  • w upfro nt infra struc ture

de ve lo pme nt/ dre dg ing c o st;

  • Sc a la b le – sta rt up witho ut ma jo r

inve stme nt;

  • Sing le ve sse l tra nshipme nt syste m, no
  • the r e q uipme nt re q uire d;
  • F

le xib le De sig n – size ra ng e fro m 20,000 to 70,000 DWT a nd dra ft do wn to 6 me tre s;

  • Sing le Po int L
  • a ding Syste m; a nd
  • L
  • a ds Va le ma x up to 400,000dwt.
slide-20
SLIDE 20

20

Conc lusion

  • Curre nt lo w pric e e nviro nme nt c re a te s the o ppo rtunity fo r

pra g ma tic multi-use r infra struc ture so lutio ns;

  • T

he re is inc e ntive fo r infra struc ture o wne rs to se e k a dditio na l re ve nue s fro m infra struc ture ;

  • Bro c kma n a ims to se c ure via b le infra struc ture o ptio ns e xe rc isa b le in

the future ;

  • L
  • we r c a pita l c o st o ptio ns e me rg ing ;
  • Po rt c a pa c ity no t a limita tio n o n a g g re g a ting future multi-use r

to nne s; a nd

  • Curre nt lo w pric e is no t a de te rre nt – Bro c kma n ha s re c e ive d

inve sto r inte re st a t b o th the liste d a nd pro je c t le ve ls.

slide-21
SLIDE 21

21

Appe ndix 1 Re sour c e and Re se r ve Summar ie s

slide-22
SLIDE 22

22

Mine ra l Re sourc e s/ Ore Re se rve s Summa ry

Proje c t Re sourc e (Mt) Gra de (% F e ) Re se rve (Mt) Gra de (% F e ) Ma rilla na

De trita l 1,528 42.6 1,001 42.4 CI D 102 55.6 48 55.5

Ophtha lmia

Co o ndine r DSO 158 58.4

  • K

a lg a n Cre e k DSO 59 59.4

  • Sirius DSO

124 60.3

  • We st Pilba ra

Duc k Cre e k 18 56.5

T OT AL (Pilba ra Re g ion) 1,989 1,049

slide-23
SLIDE 23

23

Ma rilla na Iron Ore Proje c t Mine ra l Re sourc e Summa ry

BE NE F ICIAT ION F E E D (Cut- off gr ade : 38% F e ) Mine r alisation type Re sour c e c lassific ation T

  • nne s

(Mt) Gr ade (% F e )

De trita l Me a sure d 173 41.6 I ndic a te d 1,036 42.5 I nfe rre d 201 40.7 Piso lite I ndic a te d 117 47.4

Subtotal Me asur e d 173 41.6 Indic ate d 1,154 43.0 Infe r r e d 201 40.7 T OT AL 1,528 42.6

Mine ra l Re so urc e s a re inc lusive o f Ore Re se rve s

slide-24
SLIDE 24

24

Ma rilla na Iron Ore Proje c t Mine ra l Re sourc e Summa ry

MARIL L ANA CID (Cut- off g ra de : 52% F e ) Re sourc e c la ssific a tion T

  • nne s

(Mt) F e (% ) Ca F e * (% ) AI

2O 3

(% ) SiO 2 (% ) P (% ) L OI (% )

I ndic a te d 84.2 55.8 61.9 3.6 5.0 0.097 9.8 I nfe rre d 17.7 54.4 60.0 4.3 6.6 0.080 9.3

T OT AL 101.9 55.6 61.5 3.7 5.3 0.094 9.7

Mine ra l Re so urc e s a re inc lusive o f Ore Re se rve s *Ca F e re pre se nts c a lc ine d F e a nd is c a lc ula te d b y Bro c kma n using the fo rmula Ca F e = F e % / ((100-L OI%)/ 100)

slide-25
SLIDE 25

25

Ma rilla na Iron Ore Proje c t Ore Re se rve Summa ry

MARIL L ANA DE T RIT AL ORE RE SE RVE S Re se rve c la ssific a tion Mt F e (% )

Pro ve n 133 41.6 Pro b a b le 868 42.5

T OT AL 1,001 42.4 MARIL L ANA CID ORE RE SE RVE S* Re se rve c la ssific a tion Mt F e (% ) Ca F e * (% ) Sio 2 (% ) AI

2O 3

(% ) P (% ) L OI (% )

Pro b a b le 48.5 55.5 61.5 5.3 3.7 0.09 9.7

T OT AL 48.5 55.5 61.5 5.3 3.7 0.09 9.7

*Ca F e re pre se nts c a lc ine d F e a nd is c a lc ula te d b y Bro c kma n using the fo rmula Ca F e = F e % / ((100-L OI%)/ 100)

slide-26
SLIDE 26

26

Ophtha lmia Iron Ore Proje c t Mine ra l Re sourc e Summa ry

*Ca F e re pre se nts c a lc ine d F e a nd is c a lc ula te d b y Bro c kma n using the fo rmula Ca F e = F e % / ((100-L OI%)/ 100)

OPHT HAL MIA DSO Mine ra l Re sourc e s (Cut- off g ra de : 54% F e ) De posit Cla ss T

  • nne s

(Mt) F e (% ) Ca F e * (% ) SiO 2 (% ) Al2O 3 (% ) S (% ) P (% ) L OI (% )

Co o ndine r I ndic a te d 140.5 58.5 62 5.18 4.46 0.007 0.18 5.71 I nfe rre d 17.1 58.1 61.5 6.06 4.45 0.008 0.16 5.47

Sub T

  • ta l 157.6

58.4

62 5.27 4.46 0.007 0.17 5.68

Sirius I ndic a te d 105 60.4 63.7 3.54 3.97 0.007 0.18 5.22 I nfe rre d 19 60.2 63.4 4.09 3.83 0.009 0.17 5.14

Sub T

  • ta l 124

60.3

63.6 3.62 3.95 0.007 0.18 5.2

K a lg a n Cre e k I ndic a te d 34.9 59.3 62.7 4.08 4.57 0.009 0.18 5.49 I nfe rre d 24.4 59.5 63.2 4.38 3.9 0.007 0.16 5.81

Sub T

  • ta l 59.3

59.4 62.9 4.21 4.29 0.009 0.17 5.63 T

  • ta l

340.9 59.3 62.7 4.49 4.24 0.007 0.17 5.50

slide-27
SLIDE 27

27

We st Pilba ra Iron Ore Proje c t Mine ra l Re sourc e Summa ry

WE ST PIL BARA DSO Mine ra l Re sourc e s (Cut- off g ra de : 54% F e ) De posit Cla ss T

  • nne s

(Mt) F e (% ) Ca F e * (% ) SiO 2 (% ) Al2O 3 (% ) S (% ) P (% ) L OI (% )

Duc k Cre e k I nfe rre d 18.3 56.5 62.8 4.91 3.22 0.037 0.06 9.96

T

  • ta l

18.3 56.5 62.8 4.91 3.22 0.037 0.06 9.96

*Ca F e re pre se nts c a lc ine d F e a nd is c a lc ula te d b y Bro c kma n using the fo rmula Ca F e = F e % / ((100-L OI%)/ 100)

slide-28
SLIDE 28

28

Compe te nt Pe rson’s Sta te me nt

T he info rma tio n in this pre se nta tio n tha t re la te s to Mine ra l Re so urc e s a nd Ore Re se rve s a t Ma rilla na is b a se d o n info rma tio n c o mpile d b y Mr I Co o pe r, Mr J F a rre ll a nd Mr A Zha ng . T he info rma tio n in this pre se nta tio n tha t re la te s to Mine ra l Re so urc e s a t Duc k Cre e k is b a se d o n info rma tio n c o mpile d b y Mr A Zha ng . T he Ore Re se rve s sta te me nt ha s b e e n c o mpile d in a c c o rda nc e with the g uide line s de fine d in 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 (T he JORC Co de – 2004 E ditio n). T he Ore Re se rve s ha ve b e e n c o mpile d b y Mr I a in Co o pe r, who is a Me mb e r o f Austra la sia n I nstitute o f Mining a nd Me ta llurg y a nd a full time e mplo ye e o f Go lde r Asso c ia te s Pty L

  • td. Mr Co o pe r ha s suffic ie nt

e xpe rie nc e in Ore Re se rve e stima tio n re le va nt to the style o f mine ra lisa tio n a nd typ e o f d e po sit und e r c o nside ra tio n to q ua lify a s Co mpe te nt Pe rso n a s de fine d in the 2004 E ditio n o f the “Austra la sia n Co de fo r Re po rting o f Mine ra l Re so urc e s a nd Ore Re se rve s”. I a in Co o pe r c o nse nts to the inc lusio n o f the ma tte rs b a se d o n this info rma tio n in pub lic re le a se s b y Bro c kma n, in the fo rm a nd c o nte xt in whic h it a ppe a rs. Mr J F a rre ll, who is a Me mb e r o f the Austra la sia n I nstitute o f Mining a nd Me ta llurg y a nd a fo rme r e mplo ye e o f Go ld e r Asso c ia te s Pty L td, pro d uc e d the Mine ra l Re so urc e e stima te s fo r Ma rilla na b a se d o n the da ta a nd g e o lo g ic a l inte rpre ta tio ns pro vide d b y Bro c kma n. Mr F a rre ll ha s suffic ie nt e xpe rie nc e tha t is re le va nt to the style o f mine ra lisa tio n, type o f de po sit unde r c o nside ra tio n a nd to the a c tivity tha t he is unde rta king to q ua lify a s a Co mpe te nt Pe rso n a s de fine d in the 2004 e ditio n o f the “ Austra la sia n Co de fo r Re p o rting o f E xplo ra tio n, Re sults, Mine ra l Re so urc e a nd Ore Re se rve s”. Mr Fa rre ll c o nse nts to the inc lusio n in this pre se nta tio n o f the ma tte rs b a se d o n his info rma tio n in the fo rm a nd c o nte xt tha t the info rma tio n a ppe a rs. Mr A Zha ng , who is a Me mb e r o f the Austra la sia n I nstitute o f Mining a nd Me ta llurg y a nd a full-time e mplo ye e o f Bro c kma n Mining Austra lia Pty L

  • td. pro vide d the g e o lo g ic a l inte rpre ta tio ns a nd the drill ho le da ta use d fo r the Mine ra l Re so urc e e stima tio ns a t Ma rilla na . Mr Zha ng ha s

suffic ie nt e xpe rie nc e tha t is re le va nt to the style o f mine ra lisa tio n, type o f de po sit unde r c o nside ra tio n a nd to the a c tivity tha t he is unde rta king to q ua lify a s a Co mpe te nt Pe rso n a s de fine d in the 2004 e ditio n o f the “ Austra la sia n Co de fo r Re p o rting o f E xplo ra tio n, Re sults, Mine ra l Re so urc e a nd Ore Re se rve s”. Mr Zha ng c o nse nts to the inc lusio n in this pre se nta tio n o f the ma tte rs b a se d o n his info rma tio n in the fo rm a nd c o nte xt tha t the info rma tio n a ppe a rs. Mr A Zha ng , who is a Me mb e r o f the Austra la sia n I nstitute o f Mining a nd Me ta llurg y a nd a full-time e mplo ye e o f Bro c kma n Mining Austra lia Pty L td, pro d uc e d the Mine ra l Re so urc e e stima te fo r Duc k Cre e k b a se d o n the da ta a nd g e o lo g ic a l inte rpre ta tio ns pro vide d b y Bro c kma n. Mr Zha ng ha s suffic ie nt e xpe rie nc e tha t is re le va nt to the style o f mine ra lisa tio n, type o f de po sit und e r c o nside ra tio n a nd to the a c tivity tha t he is und e rta king to q ua lify a s a Co mpe te nt Pe rso n a s de fine d in the 2004 e ditio n o f 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 a nd Ore Re se rve s”. Mr Zha ng c o nse nts to the inc lusio n in this pre se nta tio n o f the ma tte rs b a se d o n his info rma tio n in the fo rm a nd c o nte xt tha t the info rma tio n a ppe a rs.

slide-29
SLIDE 29

29

Appe ndix 2 Ac c e ss Pr

  • c e ss
slide-30
SLIDE 30

30

Broc kma n is a dva nc ing the s14/ 15 submissions. T he s14/ 15 submissions a re e stima te d to be lodg e d in QT R2 2015.