This corporate presentation by Champion Iron Mines provides an overview of the company and its iron ore projects in Canada. Champion owns 14 iron ore projects in Quebec's Labrador Trough region, including its flagship Consolidated Fire Lake North project. A 2011 preliminary economic assessment for the CFLN project estimated an internal rate of return of 41.5% and indicated the ability to produce 8.7 million tonnes of concentrate annually for 25 years. The presentation highlights the project's resources, infrastructure access, development timeline, and potential for expansion through further exploration.
This presentation summarizes Champion Iron Mines' plans to build a major new iron ore mine in the Labrador Trough region of Canada. Key points include:
- The Fire Lake North project is currently in the feasibility stage and has over 4 billion tonnes of iron mineral resources across 5 properties.
- A 2011 PEA indicated the ability to produce 8.7 million tonnes of concentrate annually for 25+ years with an NPV of $4 billion.
- Established infrastructure includes rail, power and the expanding port of Sept-Iles.
- Additional exploration properties include Moire Lake and Oil Can with identified iron mineralization.
- The company aims to utilize its experienced team to advance development of the
Champion Minerals Corporate Presentation - Aug 1, 2012shosein2011
The document provides an overview of Champion Minerals Inc., an advanced iron ore exploration and development company with projects located in Quebec's principal iron ore district, the Labrador Trough. Key points include:
- Their flagship Fire Lake North project is currently in the feasibility stage with over 4 billion tonnes of mineral resources across 5 projects.
- The November 2011 PEA for Fire Lake North indicates an after-tax NPV of $4 billion and potential to produce 8.7 million tonnes of concentrate annually for 40 years.
- Champion also holds properties including Moire Lake and Oil Can that show exploration upside with recent drilling intercepts indicating zones of magnetite-hematite iron formation.
Champion Minerals Corporate Presentation - August 1, 2012shosein2011
This document provides an overview and corporate presentation for Champion Minerals Inc., an advanced iron ore exploration and development company with projects located in Quebec's principal iron ore district, the Labrador Trough. Champion's flagship project is the Fire Lake North development project, which a 2011 PEA indicated could produce 8.7 million tonnes of concentrate annually for 25 years. The region has established infrastructure including rail, power, and a multi-user port underway. Champion has a competitive advantage through its large land holdings containing several iron ore projects and an experienced management team to advance its projects.
The document provides an overview of Champion Minerals Inc., an advanced iron ore exploration and development company with projects located in Canada's principal iron ore district, the Labrador Trough. It highlights the Fire Lake North flagship project which is currently in the feasibility stage and has over 4 billion tonnes of iron mineral resources. The preliminary economic assessment for Fire Lake North indicates the potential to produce 8.7 million tonnes of concentrate annually for 40 years with an after-tax NPV of $4 billion. Champion also has exploration upside from other projects in the region including Moire Lake and Oil Can.
Champion Minerals Corporate Presentation - June 28th 2012shosein2011
The document provides an overview of Champion Minerals Inc., an advanced iron ore exploration and development company with projects located in Canada's principal iron ore district, the Labrador Trough. Key projects discussed include the flagship Fire Lake North project, currently in the feasibility stage, and the Moire Lake and Oil Can projects which show exploration upside. Details are provided on resource estimates, infrastructure access, development timelines and preliminary economic assessments demonstrating the projects' strong economics.
Champion Minerals Corporate Presentation Jan 16th 2012shosein2011
Champion Minerals is developing the Fire Lake North iron ore project in Quebec, Canada. A preliminary economic assessment estimates the project can produce 8.7 million tonnes of concentrate annually for 25 years. The assessment indicates an after-tax NPV of $4 billion and IRR of 41.5%. Recent drilling at the Oil Can project, located near Fire Lake North, intersected up to 401.5 metres of 30.7% iron mineralization. Champion Minerals has advanced iron ore projects in the established mining region of the Labrador Trough and aims to become a major new iron ore producer.
Champion Minerals Corporate Presentation - June 5, 2012shosein2011
Champion Minerals is developing the next major iron ore mine in the Labrador Trough region of Canada. The company's flagship project is the Fire Lake North development project, which has over 1 billion tonnes of iron ore resources. A preliminary economic assessment estimates the mine could produce over 8 million tonnes of concentrate annually for 25 years. Champion also has exploration projects with large iron ore discoveries, including the Moire Lake and Oil Can projects, that could provide further growth opportunities. The company is led by an experienced mining team and is advancing its projects towards production to take advantage of rising iron ore demand and prices.
Champion Minerals Corporate Presentation February 2 2012shosein2011
Champion Minerals is developing the Fire Lake North iron ore project in Quebec, Canada. A preliminary economic assessment estimates the project can produce 8.7 million tonnes of concentrate annually for 25 years. The assessment indicates an after-tax net present value of $4 billion and internal rate of return of 41.5%. Champion also owns 17 other early stage iron ore projects in the region. Recent drilling at the Oil Can project intersected over 400 meters of iron mineralization, indicating exploration upside. The company aims to advance Fire Lake North through feasibility study and permitting to become Quebec's next major iron ore producer.
Champion Minerals Corporate Presentation March 30, 2012shosein2011
Champion Minerals Inc. is developing the next major iron ore mine in the Labrador Trough region of Canada. Its flagship Fire Lake North project is currently in the feasibility stage and has over 2.8 billion tonnes of iron mineral resources across four of its seventeen properties in the Fermont Quebec mining camp. A preliminary economic assessment indicates the Fire Lake North project can produce 8.7 million tonnes of concentrate annually for 25 years at a cost of $4 billion with a 41.5% internal rate of return. The region has established infrastructure for rail, power and ports to support future mining development as the area is expected to increase iron ore production to 200 million tonnes annually.
Champion Corporate Presentation - Feb 24, 2012shosein2011
Champion Minerals Inc. is developing the next major iron ore mine in the Labrador Trough region of Canada. The company's flagship project is the Fire Lake North development project, which has over 2.2 billion tonnes of iron mineral resources. A preliminary economic assessment for Fire Lake North indicates an after-tax net present value of $4 billion and an internal rate of return of 41.5% over a 40-year mine life producing an average of 8.7 million tonnes of concentrate annually. Champion also holds additional exploration properties in the region with potential for resource growth.
Champion Minerals Corporate Presentation November 21, 2011shosein2011
- Champion Minerals is developing the Fire Lake North iron ore project in Quebec, Canada which has over 2.2 billion tonnes of iron ore resources.
- A preliminary economic assessment indicates the project could produce 8.7 million tonnes of concentrate annually for 25 years with an internal rate of return of 41.5% and payback period of 2.3 years.
- The mineralization consists of coarse-grained specular hematite that is amenable to simple crushing and gravity separation without the need for fine grinding or magnetic separation.
Objective Capital's Rare Earths, Speciality & Strategic Metals
Investment Summit 2012
Ironmongers' Hall, City of London
13-14 March 2012
Speaker: Luis Saenz, Li3 Energy
Objective Capital's Rare Earths, Speciality & Strategic Metals
Investment Summit 2012
Ironmongers' Hall, City of London
13-14 March 2012
Speaker: Richard Beazley, Peak Resources
Champion Minerals Corporate Presentation - December 2011shosein2011
Champion Minerals Inc. is developing the Fire Lake North iron ore mine project in Canada's principal iron ore district, the Labrador Trough. Fire Lake North is currently in the development stage and has over 2.2 billion tonnes of iron ore resources. A PEA indicates the mine could produce 8.7 million tonnes of concentrate annually for 25 years. Champion Minerals holds an 82.5% interest in Fire Lake North and has a portfolio of other iron ore properties in the region. The company is well positioned to capitalize on infrastructure investments and growth in the global steel market.
Objective Capital's Rare Earths, Speciality & Strategic Metals
Investment Summit 2012
Ironmongers' Hall, City of London
13-14 March 2012
Speaker: Robert Mackay, Stans Energy
Objective Capital's Rare Earths, Speciality & Strategic Metals
Investment Summit 2012
Ironmongers' Hall, City of London
13-14 March 2012
Speaker: John Mair, Greenland Minerals and Energy
Objective Capital's Rare Earths, Speciality & Strategic Metals
Investment Summit 2012
Ironmongers' Hall, City of London
13-14 March 2012
Speaker: Gerry Clarke, International Lithium Alliance
Stans Energy is focused on restarting rare earth element production from the Kutessay II mine and Kashka rare earth processing facility in Kyrgyzstan. The Kutessay II mine previously produced rare earths for 30 years under Soviet rule. Stans Energy has acquired the assets and aims to complete a preliminary feasibility study by the end of 2011. The company is working with Russian research institute VNIIHT who has decades of experience in rare earth element production. Stans Energy sees opportunity in the rare earth industry as demand is increasing while China controls much of global supply. The Kyrgyzstan government is supportive of mining and offers tax incentives to encourage foreign investment.
Champion Minerals Corporate Presentation December 20, 2011shosein2011
Champion Minerals Inc. is developing the Fire Lake North iron ore project in Canada's principal iron ore district, the Labrador Trough. The flagship Fire Lake North project currently has over 2.2 billion tonnes of iron ore resources and a PEA indicates it can produce up to 10 million tonnes of concentrate annually. Champion Minerals has an experienced management team with over 200 years of combined experience in exploration and mining operations. The company is well positioned to capitalize on growing global steel demand and infrastructure investments in the established Labrador Trough iron ore district.
Champion Minerals Presentation - Oct 19, 2011shosein2011
Champion Minerals Inc. is developing the Fire Lake North iron ore project in the Labrador Trough region of Canada, which currently contains over 2.2 billion tonnes of iron ore resources. The company holds a portfolio of 17 iron ore properties in the established mining district. An updated resource estimate and preliminary economic assessment are underway to advance the flagship Fire Lake North project toward production. Champion Minerals has an experienced management team with over 200 years of combined expertise in exploration and mining operations.
Champion Minerals Corporate Presentation - Aug 1st 2012shosein2011
The document provides an overview of Champion Minerals Inc., an advanced iron ore exploration and development company with projects located in Quebec's principal iron ore district, the Labrador Trough. Key points include:
- Their flagship Fire Lake North project is currently in the feasibility stage with over 4 billion tonnes of mineral resources across 5 projects.
- A 2011 PEA for the Fire Lake North project indicates the ability to produce 8.7 million tonnes of concentrate annually for 40 years with an NPV of $4 billion.
- Champion also holds properties including Moire Lake and Oil Can that show exploration upside with initial resource estimates completed or upcoming.
- The region has established infrastructure including rail, power and
Champion Minerals is developing the next major iron ore mine in the Labrador Trough region of Canada. The company's flagship project is the Fire Lake North Project, which has over 1.5 billion tonnes of iron ore resources. Champion is undertaking a 60,000+ meter drilling program in 2011 to expand resources and advance the Fire Lake North Project towards feasibility. The company also controls several advanced exploration projects in the region that have the potential to enhance the growth profile and extend the mine life of a future centralized processing operation.
Champion Minerals Inc. is an advanced iron ore exploration and development company with projects located in Canada's principal iron ore district, the Labrador Trough. Its flagship project is the Fire Lake North Project, which has over 1.55 billion tonnes of iron ore resources. A preliminary economic assessment on Fire Lake North demonstrated it could be a viable project. Champion is also undertaking a 60,000+ meter drill program and feasibility study to further advance the project. The company has a strong capital structure and experienced management team to develop its projects.
Champion Iron Mines is developing an iron ore mine in the Labrador Trough region of Canada. Its flagship project is the Consolidated Fire Lake North Project, which has over 5 billion tonnes of mineral resources. A pre-feasibility study for the project outlined an average annual production rate of 9.3 million tonnes of iron concentrate over 20 years. The study found an after-tax IRR of 30.9% and NPV of $3.3 billion, with a 3.4 year payback period. Champion Iron Mines aims to take advantage of existing rail, power and port infrastructure in the established Fermont Iron Ore District.
This document provides an overview and corporate presentation for Champion Iron Mines Ltd., which is developing the next major iron ore mine in the Labrador Trough region of Canada. The presentation summarizes a preliminary feasibility study conducted for the Consolidated Fire Lake North Project, which indicated an average annual production rate of 9.3 million tonnes of iron concentrate over a 20-year mine life. It also outlines the company's mineral resource estimates totaling over 5 billion tonnes of iron ore across its properties in the region. The presentation is aimed at investors and provides details on the project economics, infrastructure advantages, management team, and development timeline.
Champion Iron Mines is developing the Consolidated Fire Lake North (CFLN) Project, a major iron ore mine in the Labrador Trough region of Quebec. A prefeasibility study for CFLN estimates average annual production of 9.3 million tonnes of iron concentrate over a 20-year mine life, with a net present value of $3.3 billion. CFLN has mineral resources totaling 5.1 billion tonnes and is located near existing rail and port infrastructure that services other producers in the established Fermont iron ore district. Champion aims to capitalize on positive long-term iron ore market fundamentals and Quebec's low-cost operating environment to bring CFLN into production.
Champion Iron Mines is developing the Consolidated Fire Lake North (CFLN) iron ore project in the Labrador Trough region of Canada. The project involves mining the CFLN East and West deposits, which contain over 3.5 billion tonnes of iron ore resources. A prefeasibility study from February 2013 estimated the project would produce an average of 9.3 million tonnes of iron concentrate per year over a 20-year mine life, with a net present value of $3.3 billion using an 8% discount rate and internal rate of return of 30.9%. The project aims to take advantage of existing rail, power and port infrastructure in the established iron mining district.
Fortune Minerals Limited is a producer of strategic metals and coal. It owns several mineral projects in Canada including the Mount Klappan anthracite coal deposit in BC. The deposit is one of the largest undeveloped metallurgical coal deposits in the world. A definitive feasibility study showed robust economics for an initial 3Mtpa operation. Fortune is pursuing an accelerated development strategy with POSCO, a strategic 20% partner, to fully fund the project to construction. The railway infrastructure provides potential for scalable expansion to take advantage of the large resource base and meet growing global metallurgical coal demand.
Fortune Minerals Limited is a strategic metals and coal producer with projects in Canada. Its key assets include the Mount Klappan anthracite coal project in British Columbia and the NICO gold-cobalt-bismuth-copper project in the Northwest Territories and Saskatchewan. The Mount Klappan project has over 200 million tonnes of resources and reserves and a feasibility study showing robust economics. A joint venture with Korean steel producer POSCO provides funding to advance the project towards construction. Fortune also plans to become a vertically integrated producer of metals from the NICO project.
Champion Minerals Corporate Presentation October 13 2011shosein2011
Champion Minerals Inc. is developing the Fire Lake North iron ore project in the Labrador Trough, Canada's principal iron ore district. The project currently has over 2.2 billion tonnes of iron ore resources and is undergoing a preliminary economic assessment. Champion also holds other exploration properties in the region and is led by an experienced team with over 200 years of combined experience in iron ore exploration and mining. The company aims to become Canada's next iron ore producer by advancing projects located in a region with established infrastructure to support future mining operations.
This document summarizes the operations of Canadian Arrow Mines Ltd., including its two main nickel projects in Ontario, Canada: Kenbridge and Timmins. Key points include that Kenbridge has an existing NI 43-101 resource of 80 million pounds of nickel and 48 million pounds of copper. A preliminary economic assessment outlines plans for an open pit and underground mine with on-site processing facilities. The Timmins project includes two past-producing mines that could be restarted to provide early cash flow. Management aims to use funds from Timmins to develop Kenbridge over the next 2-3 years.
This presentation provides an overview of Solitario's mining projects and investment opportunities. It discusses the positive economics and development progress of the Mt. Hamilton gold project in Nevada. It also outlines the world-class potential of the Bongará zinc project in Peru, which is being advanced by partner Votorantim Metais. Solitario has a diversified portfolio including the high-impact Pedra Branca PGM project, the Pachuca silver-gold project, and a strong balance sheet to advance its goals.
Fortune Minerals Limited is a strategic metals and coal producer that owns two development projects in Canada - the Mount Klappan anthracite coal project in British Columbia and the NICO gold-cobalt-bismuth-copper project in the Northwest Territories and Saskatchewan. The company has secured a joint venture partnership with POSCO for the Mount Klappan project and definitive feasibility studies show robust economics for both projects. Fortune aims to advance both projects towards production to become an emerging producer of metals and coal.
Symposium resources roadshow dampier gold richard haySymposium
1) Richard Hay is the CEO of Dampier Gold, an ASX-listed gold exploration and development company.
2) Dampier Gold has a 100% interest in the Plutonic Dome gold project located 700km northeast of Perth, Western Australia.
3) The Plutonic Dome project contains an existing JORC resource of over 627,000 ounces of gold and has potential for resource expansion and near-term production utilizing existing infrastructure.
Crk marketing pres european gold forum 2011Crocodile Gold
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. In 2011, the company expects to increase production to between 85,000 and 100,000 ounces of gold from multiple open pit and underground mines. Key catalysts for production growth include the expected start of mining at the high grade Cosmo underground mine in mid-2011 and the potential start of production at the Pine Creek open pit mine later in 2011. This production growth is expected to lower the company's cash costs per ounce throughout the year.
Probe Mines has discovered a large, high-grade gold deposit called Borden Gold in Ontario, Canada. The deposit currently contains over 3 million ounces of gold in the indicated and inferred categories. Drilling continues to expand the high-grade zone, which remains open along strike. Probe plans to advance Borden Gold through permitting, engineering studies, and regional exploration to develop Ontario's newest gold district.
The document provides an overview of Sage Gold Inc., a mining company with gold and copper-silver-gold projects in Ontario, Canada. Sage Gold plans to develop its existing Clavos gold and Lynx copper-silver-gold resources to generate near-term cash flow. The Clavos project has permits to reopen the mine and has indicated resources of over 1.2 million tonnes at 4.81 g/t gold. A preliminary economic assessment on Clavos shows potential for positive economics. Sage Gold aims to increase resources at both projects through continued drilling and advance the projects to production.
Similar to English champion iron_mines_october 9, 2012 (14)
1. Building the Next Major Iron Ore
Mine in the Labrador Trough
Corporate Presentation
October 2012
www.championironmines.com FSE: P02; OTCQX: CPMNF
2. FORWARD-LOOKING STATEMENTS
Certain information contained herein regarding Champion Iron Mines Ltd., including
management’s assessment of future plans and operations, may constitute forward-looking
statements under applicable securities law and necessarily involve risks, including but not
limited to risks associated with mining exploration, operating costs, production costs, volatility
of share prices, currency fluctuations, imprecision of resource and reserve estimates,
environmental risks and ability to access sufficient capital from internal and external sources.
As a consequence, actual results may differ materially from those anticipated in any forward
looking statements. Plans, intentions or expectations disclosed in any forward-looking
statements or information should not be read as guarantees of future results or events, and will
not necessarily be accurate indications of whether or when or by which such results or events
will be achieved.
Except as required by law, Champion Iron Mines Ltd., expressly disclaims any intention and
undertakes no obligation to update any forward looking statements or information as conditions
change.
The historical mineral resources mentioned are strictly historical in nature and are non-
compliant to National Instrument 43-101 mineral resources and mineral reserves standards,
and should therefore not be relied upon. A qualified person has not done sufficient work to
upgrade or classify the historical mineral resources as current National Instrument NI-43-101
compliant.
2
3. About Champion Iron Mines
Advanced iron ore exploration and development projects located in
Canada’s principal iron ore district, the Labrador Trough
Fermont Projects (747 km2)
14 projects in the Fermont Iron Ore District
Flagship Consolidated Fire Lake North Project
with the feasibility study due in early Q4 2012
4.7 billion tonnes of NI 43-101 compliant estimates of
iron mineral resources on 3 projects (564 MT of Measured
+ Indicated and 4,136 MT of Inferred Mineral Resources)
100% direct interest, 3% NSR (C$1.5 million buyback
for an additional 0.5% NSR)
Attikamagen Project (310 km2)
Champion Iron Mines holds a 44% interest
Century Iron Mines Corp. subsidiary has a 56% interest
and can earn up to a 60% interest by spending further $3
million on exploration expenditures by May 2014*.
* Investment by WISCO of 25% ($60M) and Minmetals of 5% ($12M)
3
4. Quebec’s Next
Major Iron Ore Mine
Consolidated Fire Lake North (CFLN) Development Project
Nov. 21 2011 PEA indicated an ability to produce 8.7 million tonnes of
concentrate per year for the first 25 years of a 40-year mine life the first
5 years will average approximately 10 million tonnes of concentrate annually
Net Present Value of $4 billion at a discounted cash flow rate of 8% with
an Internal Rate of Return of 41.5% and a payback period of 2.3 years
Established Iron Ore District
Canada produces 44 Mtpy of iron ore concentrate in the southern end of the
Labrador Trough and this is expected to grow to 200 Mtpy over the next 10
years if all proposed development projects are realized
Established rail, power and port infrastructure
- Quebec’s Plan Nord: $80 billion investment over the next 25 years in
northern Quebec for various projects including infrastructure projects
- Competitive power rates: ~ $0.04 - $0.045; price to be negotiated in 2012
- World-class multi-user port project (50 Mtpy) underway
Proven Team
Strengthened advisory board and board of directors includes former
Consolidated Thompson Iron Mines management and officers
4
5. Capital Structure
Share Data and Cash Position as of September 28, 2012.
Shares Outstanding 119.3 million
Warrants 10.0 million @ C$2.59 (avg. strike price)
(7.0 million @ C$3.00 not exerciseable until Nov. 2014
0.8 million @ C$2.84 expiring Feb. 2013
2.22 million @ C$1.50 expiring Oct. 2013, which are owned by insiders and
advisors.)
Options 11.6 million @ C$1.03 (avg. exercise price)
Fully Diluted Shares Outstanding 141.1 million
Market Capitalization C$84.7 million
(based on $0.71 share price)
Cash Position C$15 million
Fully Diluted Cash Position C$52.8 million
Management /Insiders Ownership ~ 17%
Analyst Coverage
5
6. Experienced Management Team
Over 200 years of combined exploration and mine operations experience
Board of Directors Management Team
Tom Larsen Tom Larsen
Chairman President and CEO
Alexander Horvath, P.Eng. Alexander Horvath, P.Eng.
Director Executive Vice President, Exploration
Jean Depatie, P.Geo. Martin Bourgoin, P.Geo.
Director Executive Vice President, Operations
Ashwath Mehra Jeff Hussey, P.Geo.
Director Executive Vice President, Business Development
Donald A. Sheldon, LLB., P.Eng. Bruce Mitton, P.Geo.
Director Vice President, Exploration
Jean Lafleur P.Geo. Jean-Luc Chouinard, P Eng.
Director Vice President, Project Development
Francis Sauvé Miles Nagamatsu, CA
Director Chief Financial Officer
Joseph S. C. Chan Jorge Estepa
Director Vice President, Secretary-Treasurer
Richard Quesnel: Senior Technical Advisor and Head of the Advisory Board
Advisory Board: Richard Quesnel, Paul Ankcorn, Doug Bache, and William Harding
6
7. Why invest in Champion Iron Mines?
Favourable Operating Champion Iron Mines’
Environment Competitive Advantage
Established iron ore mining district: Fermont holdings: 14 iron ore
The Labrador Trough Brownfield projects (747 km2)
Favourable tax environment Consolidated Fire Lake North
(40% tax rebate on exploration Project: Feasibility Study of surface
expenditures) deposits of coarse grained specular
Hematite:
Access to low-cost power and close
to rail and port infrastructure Easier to liberate
Quebec’s Plan Nord $80 billion Deleterious elements in
over 25 years concentrate are well below
industry specifications limits
Quebec is a world class area to
develop mines Experienced team of project
developers and mine builders
Unprecedented Iron Ore price range
and forecast Upside potential for growth is high with
4.7 Billion tonnes
Skilled labor work force
Several de-risking initiatives underway
Environmental: Iron ore process is including rail, port, agreements and
grinding to liberate iron and using environmental studies and permit
gravity and magnetics for separation applications
from gangue minerals
7
8. Existing Rail Infrastructure
Quebec North Shore & Labrador
Railway (“QNS&L”)
Consolidated Fire Lake North PEA Base
Case connection to Bloom Lake railway
requires 94 km of rail – includes turnaround
loop and sidings
QNS&L links to Sept-Îles and Pointe Noire
Bloom Lake and QNS&L railways are
considered common carriers
Common carriers allocate capacity on a first-
come, first-serve basis
Cartier Railway:
Linked to Port-Cartier
Privately owned by ArcelorMittal
Within Consolidated Fire Lake North Project
boundary
8
9. World Class
Port of Sept-Îles Infrastructure
Expanding to Meet Demand
Pointe Noire Multi User Wharf
Announced long term agreement between
CHM & Port of Sept-Îles (20-40 years) on
July 18th, 2012
10 Mt ship loading capacity reserved with
the possibility to increase tonnage Sept-Iles
Completion March 31st, 2014; 18 months
prior to “CFLN" startup
Phase 1: 50 Mtpy $220 million Pointe Noire
Federal Government announced $55
million funding or 25% of project
Phase 2: Planning for 100 Mtpy
Port of Sept-Îles
RTZ-IOC shipping facility
Port-Cartier China Max ship capacity 300kt
ArcelorMittal shipping facility
$2.1B expansion is underway and will
include concentrator expansion with port
and rail infrastructure upgrades
Located 62 km west of Sept-Îles Courtesy of the Port de Sept Isles 9
10. Champion Iron Mines participating in a
feasibility study with CN Rail and Caisse
de Dépot et Placement du Quebec
See August 29th 2012 press release
Reduction in OPEX compared to PEA study
Objective to reduce rail CAPEX component
CHM still focused on the feasibility study
CN focused on environmental permitting
CHM will continue to develop independent
options for port handling for concentrate
stockpiling and reclaiming
13. Consolidated Fire Lake North
Development Project
November 2011 Preliminary Economic Assessment Update – Highlights
Key Results Pre-Tax Basis
Internal Rate of Return (IRR) (8% Discount Rate) 41.5%
Undiscounted Cash Flow $10.9B
Net Present Value @ 5% Discounted Cash Flow $5.6B
Net Present Value @ 8% Discounted Cash Flow $4.0B
Based upon the following assumptions:
Net Present Value @ 10% Discounted Cash Flow $3.2B
Payback Period (8% Discount Rate) 2.3 Years
Capital Costs: US$1,368 million (includes rail and port infrastructure)
Operating Costs: US$52.68 per tonne (average 25 years);
US$44.63 per tonne (average years 1 to 5)
Price assumptions: US$115 per tonne of concentrate at 65% Fe
Mine-Life: 40 years (average of 8.7 million tonnes/year for the first 25 years)
Exchange rate: $1.00 USD to $1.00 CDN
Total Resources(1): 400 million tonnes grading 30.6% Fe (NI43-101 Measured and Indicated Resources)
661 million tonnes grading 27.7% Fe (NI43-101 Inferred Resources)
In Pit Resources 921.8 million tonnes grading 28.8% Fe at an 8% cut-off grade 13
14. Consolidated Fire Lake North Project
Preliminary Economic Assessment Study
OPERATING EXPENDITURES (US$/TONNE OF CONCENTRATE)
COST PARAMETERS AVERAGE 25 YEARS AVERAGE YEARS 1 TO 5
Mining 22.56 12.13
Concentrating, crushing and processing 4.52 3.97
Site infrastructure, sales and general administration 4.40 3.39
Environmental tailings and management 0.29 0.26
Rail transport 15.52 16.14
Port facilities 3.72 3.57
Equipment Lease Cost 1.67 5.17
Total 52.68 44.63
CAPITAL EXPENDITURES (US$ MILLIONS)
COST CENTRES $ MILLIONS
Pre-stripping of open pit areas 97.5
Concentrator and site infrastructure including loadout facilities 682.3
Railway (62km distance and 94km total including turnaround loop and sidings) 228.8
Port Facilities: Railcar unloading, stacker/reclaimer, conveyors 96.8
Environmental and Tailings Management 27.9
Other Pre Production Costs 34.0
Sub-total 1,167
Contingency 201
Total 1,368
14
15. Consolidated Fire Lake North
Project Schedule
Development, Construction, and Production
2011 2012 2013 2014 2015
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Diamond Drilling
Scoping Study
Feasibility Study
Environmental / Social Studies
Community Consultation
Permitting
Construction
Production
15
16. Consolidated
Fire Lake North Project
Growth through Development
Feasibility Study: Early Q4 2012
Press Release June 21, 2012: Over
20,000 m feasibility definition drilling is
completed for feasibility study
Strike length of both the West Pit
(3500m) and the East Pit (2400m)
synformal fold closures are open at
depth
Resources are increasing outside the
Nov. 2011 PEA ultimate pit limits
Several de-risking initiatives are
underway
See www.championiromines.com for reports maps and assays
16
17. Consolidated Fire Lake North
Metallurgy
Press Release, August 1st, 2012
High quality sinter concentrate with very low deleterious elemental content
Liberates at 850 micron (-20 mesh) and produces a 65-66% iron concentrate
Assuming a concentrate with 66% Fe ; No magnetic separation circuit required
Alumina is 0.52% International Standard < 2%
Silica content is 5%
Al2O3 : SiO2 ratio of 0.14 versus the upper industry specification limit of 1
This very low alumina to silica ratio is an ideal blending product for steel mills
High Grade – Coarse Specular Hematite Quartz Specular Hematite Mineralization 17
20. Moiré Lake Project
Initial Mineral Resource Estimate: March 29, 2012
Mineral Resource Estimate:
Arcelor Mittal Property Boundary
Indicated Resources: 164 million
tonnes grading 30.5% Total Iron
Inferred Resources: 417 million
tonnes grading 29.4% Total Iron
DDH LM11-12: 503 m @ 31% total iron
Kilometric synform with hematite and
magnetite outcrops at surface
A’ Adjacent to ArcelorMittal Mont-Wright mine
A
500
meters
20
22. Oil Can Project
Initial Mineral Resource Estimate
Potential for low strip ratio < 1 : 1
Potential Bench width 150- 350m
972 Mt of iron oxide grading 33.2% at a
15% iron cut-off
924 Mt of mixed iron oxide
mineralization with a silicate component
This deposit is open at depth
Orientation metallurgical tests indicate a
relatively coarse liberation grind size
Commercial grade magnetite sinter feed
concentrate can be produced
2011 drill program returned long
magnetite-hematite iron formation
intersections up to 545 metres in length
400 metre spaced drill program is
completed
To view a larger more detailed version of this map please visit:
http://www.championironmines.com/vns-site/page-oil_can.html 22
23. Oil Can Project
Exploration Upside
South & East Zones
Section 9800N (Facing North)
South Zone
OC11-05
OC11-07 East Zone
OC11-08
303.4m @ 34.7% OC11-02 OC11-19
Ovb OC11-01
incl. 130.8m @
36.5%
Assay Pending
545.7m @ 33.7% IF
incl. 442.3 @
IF 36.4% 190.0m @
30.6%
197.2m @ 26.8%
401.5m @ 30.7%
incl. 145.5 @
incl. 213.5 @
28.1%
33.1%
200 metres
23
26. Milestones
Consolidated Fire Lake North Definition Drilling Completed
Updated PEA on Consolidated Fire Lake North Completed
Initial NI 43-101 Mineral Resource Estimate for Oil Can Project
Completed
(adjacent to Fire Lake North Project)
Metallurgical results – Consolidated Fire Lake North, Moire Lake, Oil Can
Completed
Projects
Consolidated Fire Lake North Feasibility Study Q4 2012
Consolidated Fire Lake North Construction Start Q4 2013
Consolidated Fire Lake North Production 2015
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27. Why Invest in
Champion Iron Mines?
Fire Lake North NPV: $4 Billion @ 8% DCF.
Oil Can Deposit: Initial Resource Estimate 1,896Mt @
28.7%.
14 Brownfield projects (747 km2) near 5 operating mines.
Experienced team: Exploration; development;
construction; commissioning & operations management.
Financed through to feasibility; Favourable tax
environment.
Quebec`s Plan Nord: Object to attract $80B in investment.
Access to power and close to rail and port.
Multi-user port in construction; Trans-shipping is an option.
Iron price range and forecasts is unprecedented.
Several de-risking initiatives associated to mine start-up
underway.
27
28. Thank You
www.championironmines.com
FSE: P02; OTCQX: CPMNF
28
28
29. Fire Lake North Exploration Camp
Coarse Grained
Coarse Specular Hematite in Drill Core
Specular Hematite
29
31. Advanced Exploration
Bellechasse Deposit Harvey Tuttle Project
Deposit located within Consolidated Fire Lake North NI 43-101 Inferred Resource Estimate:
717Mt @ 25% iron; magnetite rich iron formation
NI 43-101 Resource Estimate:
Intersected multiple significant iron formation
Inferred Resources; 215Mt @ 29% Iron intervals in 2010 drill program
Magnetite rich iron formation
Total of 13,165m of drilling completed
Adjacent to Hwy 389
Less than 50% of the kilometric scale magnetic
Synform geometry is favorable for open pit mining anomalies have been tested
25 km W-NW of Consolidated Fire Lake North
Within conveying distance from Consolidated Fire
Lake North planned concentrator (20-30km)
31
32. Labrador Trough Annual Production
Iron Ore Production Upside
Current Annual Future
Company
Production Annual Forecast
IOC/RTZ 17 mtpy 26 mtpy1
ArcelorMittal 13 mtpy 24 mtpy2
Cliffs Natural Resources (Wuhan) 12 mtpy 28 mtpy
Labrador Iron Mines 2 mtpy 5 mtpy
Adriana Resources (Wuhan) 0 50 mtpy
New Millennium (Tata) 0 27 mtpy
Century Iron Mines (Wuhan) 0 ~22 mtpy
Champion Iron Mines 0 ~18 mtpy
Alderon Iron Ore Corp. 0 ~16 mtpy
Total Current and Forecasted Production 44 ~ 200 mtpy
1. Possibility of expanding production up to 50 mtpy
2. Possibility of expanding production to 50 mtpy
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33. Global Steel Production Shows
Continued Demand for Iron Ore
1,600,000
1,400,000 China’s CAGR* is 9.88% over
the last 30 years vs. 2.30% for
1,200,000
total global steel production
over the same period.
Kilotons
1,000,000
China
800,000
Japan
600,000 Rest of the
World
400,000
200,000
-
1980 1985 1990 1995 2000 2005 2010
Source: World Steel Association website
* CAGR: Compound annual growth rate 33
35. Fermont Iron Ore District
(“FIOD”)
Historically the Fermont and Labrador mining
camps have produced 33 Mtpa.
RTZ/IOC = 17 Mtpa
ArcelorMittal = 13 Mtpa
Wabush = 3 Mtpa
“ Marginal Era”:
For 30-40 years pre-2003
the price per tonne of concentrate
was $25- $30/tonne,
costs per tonne were similar.
Current 3 years moving average is
$115-120/tonne
2011 spot price averaged ~$150-170/tonne
35