CZR RESOURCES LTD — Investor Presentation 2014

Aug 27, 2014

August 2014 – Pilbara Iron Ore Presentation

www.coziron.com

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Disclaimer & Competent Persons Statement

Disclaimer

This presentation has been prepared by Coziron Resources Limited (“CZR”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though CZR has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by CZR. Any forward-looking statements included in this document involve subjective judgment and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and may be unknown to, CZR. In particular, they speak only as of the date of this document, they assume the success of CZR’s strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward-looking statements and the assumptions on which the forward-looking statements are based. Recipients of this document (Recipients) are cautioned to not place undue reliance on such forward-looking statements. CZR makes no representation or warranty as to the accuracy, reliability or completeness of information in this document and does not take responsibility for updating any information or correcting any error or omission which may become apparent after this document has been issued. To the extent permitted by law, CZR and its officers, employees, related bodies corporate and agents (Agents) disclaim all liability, direct, indirect or consequential (and whether or not arising out of the negligence, default or lack of care of CZR and/or any of its Agents) for any loss or damage suffered by a Recipient or other persons arising out of, or in connection with, any use or reliance on this presentation or information.

This presentation is not an offer, invitation, solicitation or recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis for any contract or commitment whatsoever.

All amounts in Australian dollars unless stated otherwise.

Competent Persons Statement

The information in this report that relates to exploration activities and results is based on information compiled by Rob Ramsay (BSc Hons, MSc, PhD) who is a Member of the Australian Institute of Geoscientists. Rob Ramsay is a full-time Consultant Geologist for Coziron and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Rob Ramsay has given his consent to the inclusion in this report of the matters based on the information in the form and context in which it appears.

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Corporate Snapshot

13 Sept 12:Acquisition of 3 Creasy packages completed 2 Feb 13:Scoping study completed Sept 12:DSO targets identified 8 Oct 13:Acquisition of Shepherds Well 24 July 12:$2m @ 10c completed 6 Aug 14: Yarrie Historic Drill results 11 Jul 14:CID Drill Targets Identified At Yarraloola 17 Jul 14: New Iron Discovery at Yarraloola 14 Mar 14: $2.5mraising complete 17 Apr 13: Acquisition of Yarrie	Corporate snapshot (22 Aug 2014)	ASX: CZR	ASX: CZR
	Share Price	$0.033
	12 Month Trading Range	$0.019 - $0.05
	Shares on Issue	1,099.5m
	Market Cap.	$36.3m
	Cash Balance (30 June 2014)	$1.08m
	Debt	Nil
	Enterprise Value	$35.2m
	Shareholders		%
	Vendor - Creasy Group		61.38%
	Total top 20 shareholders (17 Sept 2013)		88.44%
	Execution of options to acquire
	Shepherds Well Consideration Shares		10m
	Yarrie Consideration Shares		100m
	Total Potential Shares on Issue		1,209.5m
	Vendor - Creasy Group		64.89%

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Iron Ore – Company Focus

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• 5 exploration projects, Yarraloola, Shepherds Well, Yarrie, KingX and Buddadoo acquired –

• from leading Australian prospector Mark Creasy

• CZR acquired 85% interest in 3 of the 5 projects for total issue of 500M shares @ deemed value of $15M and currently holds options to acquire 70% of each of the Shepherds Well and Yarrie Projects

Focus projects are being explored for direct shipping iron-ore from the Pilbara. Other projects are targeting manganese and other styles of mineralization that include gold, copper, base-metals, titanium, vanadium and uranium

CZR Pilbara iron ore projects

Potential for the projects to provide feedstock minerals for vertically integrated steelmills

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Yarraloola-Shepherds Well & Yarrie Strategically located, infrastructure rich, large scale Pilbara Iron Ore Projects

• Yarraloola-Shepherds Well

• 1,436km[2] tenement package near the West Pilbara coast and bisected by emerging iron ore transport infrastructure solutions

• Surrounded by major (500Mt+ DSO deposits) iron ore producers and explorers – contiguous with CITIC Pacific’s Sino Iron project and Rio Tinto’s Mesa A and Mesa J Mines and adjacent to Iron Ore Holdings’ (IOH) Bungaroo South Project

• Multiple large scale exploration targets covering 4 different styles of iron ore mineralisation with outcropping formation extending over a length of ~50km

• Potential low operating-cost environment

• Yarrie

• 1,022km[2] over four contiguous tenements, 160km East of Port Hedland and adjoining BHP’s YarrieGoldsworthy mine

• Serviced by bitumen road and natural gas pipeline and close to BHPB owned railway to Port Hedland

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CZR Pilbara iron ore projects

• Under-explored because iron bearing host rocks are often overlain by younger cover

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Yarraloola-Shepherds Well Project Infrastructure Infrastructure & potential transport options

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• Iron Ore Holdings (ASX:IOH), subject to a take over from BC Iron (ASX:BCI), are developing a new haul-road through the Yarraloola and Shepherds Well tenements to a new port at Cape Preston East

• CZR has completed access agreements with IOH which grant IOH access through CZR tenements, with CZR to have negotiated access to haul road infrastructure

• AQA since taken over by majors Baosteel and rail operator Aurizon, who aim to provide new railway through Yarraloola

• Abundant energy with natural gas pipelines crossing the project and fresh ground water

• Yarraloola-Shepherds Well tenements are -

• entirely within 20km 100km from Cape Preston East

Yarraloola-Shepherds Well tenements and surrounding infrastructure

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Yarraloola Geology – Multiple DSO Opportunities

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Yarraloola Iron Formations and Targets
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• 18 months of extensive geological assessment from historical data and reconnaissance geological sampling

• Opportunities for outcropping, sub-cropping and subsurface channel iron deposit (CID) style iron mineralisation

• 3 phase drill program is planned to test and potentially bring the initial targets to a maiden JORCstandard resource

Initial drilling program is scheduled to commence September 2014 and is budgeted to cost ~$0.2m and be carried out over a 2 week period with an option to immediately extend programs if results warrant follow-up

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Yarraloola Geology – Prime DSO Drill Targets

• 2,000m of RC drilling planned for September 2014 on accessible targets with pistolic iron stone outcrop up to 60.1% Fe

• Priority drill target – Robe River CID Prospect

• New outcropping discoveries from field work potentially significant:

• Whitegate Channel Extension – 4km long and up to 50m thick hosted by Brockman Iron Formation with pistolic capping samples up to 59.1% Fe; and

• Peters Creek: 5km channel identified outcrop of pistolic ironstone

• Encouraging potential for further pistolic ironstone channels beneath cover

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CID outcrops (in red) – potential drill targets

• Lower Robe River, Lower BBQ Valley and Lower Peters Creek

• Areas identified have potential to host +100m tonnes each

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Yarraloola Geology Large scale new beneficiated shipping ore discovery

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• CZR has identified a unique iron formation in the Ashburton Trough outcropping over 6km x 1km with samples to 39.5% Fe and adjacent to proposed IOH haul road and Baosteel JV proposed railway

• Potential large scale near-surface magnetite resource, with potential DSO pockets as well

• • Target is ~40km South of CITIC’s ~$12B Sino Iron magnetite project infrastructure and beneficiation plant

• Three RC drill holes for ~600m planned to commence September 2014 in Ashburton Trough

• Low risk, advanced exploration opportunity for the discovery of a substantial magnetite resource demonstrated by an abundance of outcropping to subcropping iron formations

Distribution of magnetite-bearing schists in the Ashburton Trough

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Yarraloola Scoping Study Potential low cost production scenarios

• Major engineering group ‘Engenium’ completed preliminary scoping study on product-exit options and transport costs

• Preferred option is the new Cape Preston East extension, where extensive studies and government and environmental approvals given or proposed

• Given proximity to the coast transportation could be via truck haulage or slurry pipe

• ASX:IOH have announced infrastructure solution for their Bungaroo South project south of Yarraloola with an estimated operating cost of US$48/tonne FOB

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Source: Iron Ore Holdings Investor Presentation July 2014

• Baosteel takeover of AQA presents potential for new railway infrastructure to be developed and planned to intersect Yarraloola

• Engenium have estimated that the transport operating cost for CZR could be as low as $24.33 /tonne FOB by trucking to Cape Preston East

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Shepherds Well Prospectivity Magnetite project adjacent to CITIC-Sino Project

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• CZR holds the exclusive contract to purchase 70% interest in the Shepherds Well tenements

• Shepherds Well (192km[2] ) hosts an extension of the Archaean-age Cleaverville Terrain, which reports a number of large magnetite deposits

• Potential for lenses of high-grade Yarrie-style mineralisation

• The bitumenized North-West Coastal Highway cuts through the tenement

• Early stage exploration by mapping and surface sampling has identified eastern and western magnetic zones of ~9km x 400m which are largely covered by soil and samples to 39.1% Fe

• Two RC drill holes planned for the larger magnetic targets identified on the eastern zone

• Potential to also follow up base metals results from rock chip samples (up to 9.8g/t Ag, 4.4% Pb and 0.5% Zn)

Shepherds Well magnetic zones

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Yarrie High Grade Iron Ore

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• CZR holds the exclusive option to purchase 70% interest in the Yarrie tenements

• 4 contiguous exploration licences held by XFe Pty Ltd covering 1,022km[2] , 160km East of Port Hedland and adjoining BHP’s Yarrie-Goldsworthy mine

• Former chief geologist and mine manager at BHP’s Yarrie, Darryl Podmore, appointed as CZR consultant geologist

• Serviced by bitumen road and natural gas pipeline and close to BHP owned railway

• Historic high grade iron ore drill intercepts include:

• Nine historical drill holes sampled on 1m intervals reporting +50% Fe;

• 19m @ 63% Fe; and

• 1m @ 67.8% Fe

• Field work planned for September 2014 with a focus on selecting drill targets

Yarrie tenements and surrounding infrastructure

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Surrounded By Value

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Yarraloola-Shepherds Well project is surrounded by significant iron ore mines and projects…

• Mineralogy / CITIC (~$12b project)

• RIO (Multi $B Pilbara projects)

• FMG (Multi $B Pilbara projects)

• RHI (~$87M market cap)

And is in a strategic location that has attracted recent takeover activity:

• AQA (~$1.4B takeover by Baosteel / Aurizon )

• IOH (~$250M takeover by BCI)

CZR current value approximately $35m lowest in neighbourhood and closest potential DSO producer to port

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Strategic Pilbara Opportunity – Minnow amongst majors

• Location:

• Yarraloola-Shepherds Well is close to the coast with natural gas pipeline across the projects and is contiguous with CITIC Pacific’s Sino project and the Rio Tinto Mesa A and Mesa J Mines and are entirely within 20km-100km of Cape Preston East

• Yarrie lies 160km East of Port Hedland, adjacent to BHP’s Yarrie-Goldsworthy mine and railway and serviced by bitumen road and natural gas pipeline

• Scale prospective ground: Yarraloola-Shepherds Well and Yarrie projects comprise significant land packages with large scale exploration potential and advanced geological targeting

• Cheap transport costs: Preliminary scoping study by Engenium estimates that total transport operating cost for a DSO iron ore operation at Yarraloola could be as low as $24.33/tonne FOB using the proposed Cape Preston East multi user facility

• Advanced exploration targeting , with exceptional preliminary results from samples taken, making the Company poised to grow from imminent drilling success

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Directors & Management

Adam Sierakowski – Director (Chairman)

Adam Sierakowski is the co-founder and director of both Perth based corporate advisory business, Trident Capital and the corporate legal firm Price Sierakowski. He has over 17 years’ experience in legal practice, much of which he has spent as a corporate lawyer consulting and advising on a range of transactions to a variety of large private and listed public entities. Mr Sierakowski has held a number of board positions with ASX listed companies. He is a member of the Australian Institute of Company Directors and the Association of Mining and Exploration Companies.

Rob Ramsay – Director

Dr Rob Ramsay is a Geologist with over 30 years of industry experience. He has worked across a range of commodities, which include; iron-ore, gold, basemetals, platinum group metals, fluorite, mineral sands and diamonds, in Australia and elsewhere in the World. He is a past Director of Striker Resources NL (now North Australian Diamonds) and has previously worked with, and consulted to, a range of companies that include CRA Exploration (now Rio Tinto Ltd), BHP-Billiton Ltd, Gravity Diamonds, Mineral Securities Ltd and Speewah Metals Ltd. Dr Ramsay is a Member of the Australian Institute of Geoscientists. He manages the target generation process and assists with field follow-up of exploration targets for Coziron Resources.

Stephen Lowe – Director

Mr. Lowe is currently the Business Manager for major shareholder and joint venture partner, Mark Creasy and is responsible for managing all aspects of Mr Creasy's business interests and investments. He is also currently a non-executive director of ASX Listed Windward Resources Limited and former chairman of ASX Listed Sirius Resources NL. Mr Lowe is a taxation and business management specialist with over 15 years’ experience in a variety of different roles. He is a former director of the Perth based specialist taxation firm MKT - Taxation Advisors. Mr Lowe has a Bachelor of Business from ECU, a Post Graduate Diploma in Advanced Taxation and a Masters of Taxation from the UNSW and is a Certified Taxation Advisor and a Member of the Australian Institute of Company Directors.

Stephen Hewitt-Dutton – Company Secretary

Mr. Hewitt-Dutton has over 20 years of experience in corporate finance, accounting and company secretarial matters. He is an Associate Director of Trident Capital and holds a Bachelor of Business from Curtin University, is an affiliate of the Institute of Chartered Accountants and a Senior Associate of FinSIA. Before joining Trident Capital, Mr. Hewitt-Dutton was an Associate Director of Carmichael Corporate where he assisted clients by providing equity market, IPO and M&A advice and assistance. He has also held Financial Controller and Company Secretary positions for both public and private companies for in excess of 15 years.