renato couto gomes - atlantica mining - exploring the mineral resources of northeastern brazil
DESCRIPTION
The Americas Iron Ore Conference is one of the most respected annual gatherings for North and South American iron ore markets and the agenda covers: iron ore industry and market developments; new project developments and expansions in North and South America; overview of steel demand; iron ore spot market price; infrastructure and transport challenges and investment opportunities. For more information please visit: http://bit.ly/1vlo1DDTRANSCRIPT
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]
