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Ferrum Crescent Limited

Exploration complete – viable for development

13/11/2016

NEW STRATEGY. NEW START.

8

JORC resource (2012 compliant) 300Mt+

with significant upside

30 year mining licence granted

High quality product will attract a premium;

high in grade (beneficiates to 67-70% Fe) and

low in impurities (Si, Al, P, etc).

Domestic and international steel producers

and traders with signed MOUs for offtake

Mining:

Low stripping ratio, 30 year Mining Licence Granted, EIAApproved

Total mineral resource:

307Mt at 26.9% Fe: including 172.1Mt Inferred at 25.3% Fe; 52. 83.0Mt Indicated at 27.4% Fe;

(JORC 2012)

52.6Mt Measured at 31.3% Fe

Premium product:

Beneficiates to 67-70% Fe, < 2% silica with v. low alumina and phosphorus (suitable for pellets)

MOONLIGHT