renato couto gomes - atlantica mining - exploring the mineral resources of northeastern brazil

ADVANCING BRAZIL’S NEW IRON ORE FRONTIER

IRON FORMATION

AND MAGNETITE PROJECTS 85 KM AWAY FROM DEEP-SEA PORT

November 2014

§  Exclusive ownership of over 50,000 hectares of claims

§  60 km away from coast

§  Very good infrastructure:

§  Close to abundant energy (Xingó Hydroelectric, 3.1MKW)

§  Crossed by railroad to port, operational in 2014 (1.6m gauge)

§  Abundant water (pumped from São Francisco River’s 3,000m3/s flow)

§  All roads are public/free, paved and in well kept conditions

§  Experienced fulltime management team situated in the region

§  State government support for infrastructure, port access, tax-free export production zone around port, and tax breaks

SUMMARY

CORPORATE

STRUCTURE & FINANCING

2010  Founded  &  Funded  by  Brazilians  

2011  Investment:  GMP,  Bay  Front  Capital,  F.  Timis    

2012  Investment:  Delaware  St.  Capital  &  Sintertec  

2013  Joint  Venture  

2014  Investment  

FOMENTO RESOURCES

Mineral processing.

Mining exploration. Mining operations.

Fully integrated logistics.

LOCATION & INFRASTRUCTURE

LOC

ATIO

N A

ND

INFR

AST

RU

CTU

RE

8  

XINGÓ HYDROELECTRIC – S. FRANCISCO

LOC

ATIO

N A

ND

INFR

AST

RU

CTU

RE

10  

TRANSNORDESTINA RAILROAD

LOC

ATIO

N A

ND

INFR

AST

RU

CTU

RE

12  

BR-101 HIGHWAY

LOC

ATIO

N A

ND

INFR

AST

RU

CTU

RE

14  

SERIGPE & MACEIÓ PORT

Mineral Assets

§  Magnetite-rich Iron Formations (BIF & iron stone) §  Ground mag over 500km by Scan Consultoria §  Data interpretation & modelling by Reconsult & Scan §  FTG+Mag flown by Bell Geospace @100m grid §  RC and DC drilling, establishing geophysical model §  Campo Grande: Average 35-40% Fe grade, §  Campo Alegre: DSO potential, average Fe 45% §  São Francisco: BIF and magnetite-rich mafic-ultramafic

rocks w/ polymetallic intrusion (Cr, Co, Ni, V and PGE)

LOC

ATIO

N A

ND

INFR

AST

RU

CTU

RE

17  

GROUND GEOPHYSICS CAMPO GRANDE

18  

GROUND GEOPHYSICS CAMPO ALEGRE

H-­‐H  and  G-­‐G  Cross-­‐SecMons    

Alagoas  Sul  Project  Pedra  Sul  Target  

§  RC drilling campaign successfully established the geophysical model §  Drill core confirmed high metallurgical quality of concentrate §  Results of the drilling campaign indicate the need for further work with the use of

diamond core drilling to better understand structure and geology

19  

PRELIMINARY RC DRILLING

§  Broad drilling campaign throughout all projects 4 Projects §  Preliminary resource estimation for one of Campo Grande’s target §  Confirms economic viability of projects

20  

DC DRILLING

Geology §  Mineralization interspersed with Metasediment and Metavolcanic rocks §  Very low contaminants §  Magnetite average ~0.8-1.0 SI (magnetic susceptibility) §  Aaverage grades 35-45% Fe §  Concentrate above 68% Fe (at 100 mesh, 1.000 gauss)

21  

GEOLOGICAL CHARACTERISTICS

!

Weathered Outcrop

BIF Outcrop Pit

Drilling 22  

PROJECT PICTURES

NEAR FUTURE

§  Conclude resource definition §  Environmental licensing and permitting §  Construction §  Market definition

§  Local market: Companhia Siderurgica Suape [1.6mt/yr steel output – hot and cold rolled, and galvanized]

§  Export §  Sintering/Pelletizing: Huge recent gas discovery in SEAL-11

by consortium Petrobras  &  IBV  Brasil  [JV  Bharat  Petroleum  &  Videocon  Industries]

THANK YOU

contact@atlanticamining.com