Centerpoint Resources Inc.

加拿大中鉠资源有限公司 Province of British Columbia, Canada 加拿大大不列 颠哥伦比亚省 Centerpoint Resources Project Team 中鉠 资 源企划 组 Mar. 2014 1

Corporate Summary

公司

简介



Centerpoint Resources Inc. is a privately owned company headquartered in Vancouver, BC, Canada 中鉠资源有限公司是一家总部设于加拿大温哥华的私 营公司



Incorporated in British Columbia in 2006

成立于 2006

注册于加拿大不列颠哥伦比亚省



Own sizeable coking coal and gold properties within Canada 在加拿大拥有庞大的焦煤及黄金矿床资产

Cinnabar Peak Presentation 2

Centerpoint Team

中鉠

资

源有限公司

团队

 

Ren Chao Gui, Chairman – More than 20 years of experience in corporate management, Iron and coal mine investment both in China and Canada – Received the People’s Republic of China National Labour Model Award, Metallurgy Labour Model Award, and the “May 1

st

Labour Medal” – He is also a well known businessman in the Chinese community in Canada 董事会主席

 –

任朝贵 超过二十年以上在中国及加拿大的企业管理及矿业投资经营的经验



曾获得中华人民共国全国劳动模范奖，五一 劳动奖章”和冶金部劳 模



同时也是加拿大华人社区里的著名商人

Cinnabar Peak Presentation 3

Centerpoint Team

中鉠

资源有限公司团队

  Honourable Jacob (Jack) Austin, P.C., Q.C., President – Served as Deputy Minister of Energy, Mines and Resources, Canada, and Chief of Staff to former Prime Minister Pierre Trudeau – Cabinet Minister in Canadian government of Prime Minister Pierre Trudeau and Prime Minister Paul Martin – From 1993 to 2000, Mr. Austin served as President of the Canada China Business Council – He received his law degrees from the University of British Columbia And Harvard Law School and practiced law in Vancouver for over 20 years in trade and commercial law 总裁 – 杰克 . 奥司丁，前参议员  前总理首席顾问，国务部长，社会发展部部长，北方事务部和国家资源部部长， 以及能源，矿业和资源部副部长等要职    Pierre Trudeau 和 Paul Martin 总理时期的内阁成员 1993 至 2000 年间任加中友好协会主席 毕业于加拿大不列颠哥伦比亚大学及美国哈佛大学法学院，并在温哥华有超过 二十年的贸易及商业法的专业经验 Cinnabar Peak Presentation 4

Centerpoint Team

中鉠

资源有限公司团队

 Edward J. Nunn, VP Technical Service – Registered Professional Engineer in British Columbia, Canada – more than 46 years of mining industry experience · 20 of these years were in the coal and industrial mineral industries · 6 years as Engineering Manager at An Tai Bao Surface Coal Mine  – Mine operations management includes Kaiser Resources Coal, An Tai Bao Surface Coal Mine (China), Greymouth Coal (New Zealand), and Crystal Graphite Corporation 技术副总裁 – 太南  加拿大注册矿业工程师   超过 43 年在加拿大及国际的勘探，开采及大型矿业项目经验，包括：  20 年的煤和矿石工业的经验  6 年在中国的安太堡焦煤担任高级管理 曾经开采的煤矿包括 Kaiser 焦煤资源，位于中国的安太堡焦煤，纽西兰的 Greymount 焦煤，及加拿大的 Crystal Graphite 的煤矿项目 Cinnabar Peak Presentation 5

Project Location 项目

位置

 Cinnabar Peak is a large coking coal resource, containing an estimated at least 510 million tonnes of coal 朱砂峰大型焦煤矿产资源，估计 约有最少 5 .10 亿吨煤。  Coordinates of the center of the Cinnabar Peak coal property are 56°00 N 122°10W 朱砂峰煤炭矿产中心位置的经纬度 为北纬 56°00 ，西经 122°10 Cinnabar Peak Presentation 6

Transportation and Infrastructure

交通及基

础设施

The Cinnabar project covers an area of 251 sq. km. in northeastern B.C. The region has hosted large scale coal mining since 1982. The center of the deposit is located 110 km west of the City of Fort St. John, an industrial centre for oil and natural gas, forestry and agriculture. The city benefits from excellent access to infrastructure and is located on the Alaska (Pan- American) Highway and the Canadian National Railway, and also hosts a major regional airport. 朱砂峰项目位于英属哥伦比亚省东北部，覆盖面积 251 平方公里。该地区自 1982 年开始 已 有大规模的煤矿开采。矿床中心位于 St. John 市以西 110 公里，该市是一个聚集石油、天然 气、林业和农业一体的工业中心。该市从非常完善的基建设施获益，位于阿拉斯加（泛美） 高速公路、加拿大国家铁路上，并且有一个主要的地区机场。 Cinnabar Peak Presentation 7

Transportation and Infrastructure

交通及基

础设施

The coal deposit straddles a reservoir formed by two hydro dams within a canyon on the Peace River. The deposit is readily accessible by a major road network on both sides of the lake, and has ready access to electric power, natural gas and water.

该矿床横跨 Peace River 河谷内由两个水电 坝筑成的水库，因此可通过水库两侧的主 要道路网到达矿区。且该矿区现已有获得 电力、天然气及水的渠道。

View westward along Dinosaur Lake, from a vantage point above Mt.Johnson.W.A.C. Bennett dam and Lake Williston are in far background.

顺着恐龙湖西望，居高临下俯瞰

Mt.Johnson.W.A.C. Bennett

大坝，远处为

Williston

湖 Cinnabar Peak Presentation 8

    

Transportation and Infrastructure

交通及基

础设施

Electrical power – WAC Bennett Dam Hydro Plant is on the Cinnabar Peak coal property. The capacity is 2,730 megawatts (21st largest hydro electric plant in the world). A second hydroelectric dam (Peace Canyon) has a capacity of 700 megawatts and is also located nearby.

电力 -- WAC Bennett 水电站位于朱砂峰项目区， 2,730 兆瓦容量， 全球排名第 21 位。附近第二大的和平谷水利大坝容量为 700 兆瓦。 Natural gas --‐ There is a large active gas field near the coal property 天然气 — 在矿区附近有大型天然气田。 Water is abundant. There are numerous rivers and lakes within the property. Rainfall is 300mm per year and the snowfall is 2000 mm per year.

水资源丰富：无数河流湖泊，年降雨量 300 毫米，年降雪量 2000 毫米 Communities – the Village of Hudson’s Hope (population 1010) is near the eastern boundary of the property. The City of Fort St.John (population 20,000) is a one and half hour drive to the east, and is strategically located on the Alaska Highway, with a major airport. This city is the centre of the provincial oil and gas industry and thereby has industrial support for any coal mine development.

社区

-

矿区东邻人口 1010 人的 Hudson’s Hope 乡村。向东开车 1.5

小时为 2 万人口的 Fort St.John

城市。 Provincial Highway 29 is a paved road that accesses the Cinnabar Peak coal property. Because of oil and gas exploration, there are numerous roads throughout the area.

通过铺就好的省级

29

号高速公路可以进入矿区，因为油气 公司的做了很多勘探工作，因此有无数道路通过该地区。 Cinnabar Peak Presentation 9

Railroad and Port 铁路和出海港口

   Coal railroad load out would be at Chetwynd, which is located on CN Rail 44 kilometres to the south. From Chetwynd, coal can be shipped to the coal loading facilities at the Port of Prince Rupert (turn around time 45 hours – one way distance 1027 km) or the Port of Vancouver (turn around time 70 hours – one way distance 1091 km). Train capacity is 16,112 tonnes. A coal railroad branch line south east of Hudson’s Hope or coal loading facility near Fort St.John is a possibility.

加拿大 CN 铁路煤炭装载区将位于矿区以南 40 公里的 Chetwynd 小镇。从 Chetwynd 可以 将煤通过铁路运输到鲁珀特王子港（往返 45 小时 — 单程距离 1027 公里）或者运到温哥 华港（往返 70 小时 单程距离 1091 公里）。火车运力为 16,112 吨。 向的运煤支线或者临近 Fort St.John

Hudson’s Hope 的煤炭装载区都是可能的运输方式。 东南方 Port of Prince Rupert vessel time to Shanghai is 232 hours. Loading rate is 9000 tonnes per hour. Stockpile capacity 1.2 million tonnes. Annual capacity is 24 million tonnes. Maximum ship size 350,000 DWT.

鲁珀特王子港船运到上海为 232 小时。每小时装载速度为 9000 吨， 储存容量为 120 万吨。 年吞吐量为 2500 万吨，最大货船总载重吨位为 350,000 吨。 Port of Vancouver vessel time to Shanghai is 276 hours. It is the largest coal port in North America. Annual capacity is 33 million tonnes. 温哥华刚船运到上海时间为 276 小时。此港为北美最大的 港口 ，年吞吐量为 3300 万吨。 Cinnabar Peak Presentation

Port of Prince Rupert

鲁珀特王子港 10

Tenure

土地使用

权

    Coal exploration within public lands in British Columbia is governed by the Provincial Ministry of Energy & Mines , who issue coal exploration licences. BC 省能源矿产厅管理公共土地上的煤炭勘探，并颁发煤炭勘探执照 The Cinnabar Peak property consists of 10 coal licences and 9 accepted coal exploration licence applications waiting to be approved, totalling 251 square kilometres.

朱砂峰资产包含已经批准的 10 个煤炭矿权以及 9 个待批的煤炭勘探执照，总计 251 平方公里。 The licences consist of three blocks: a larger block north east of Peace River, a block west on both sides of the Peace River, and a smaller block south of Peace River.

煤炭执照包含 3 个区块：和平河东北部的比较大的区块，和平河西部的区块以 及和平河南部比较小的区块。 Coal exploration licences will give Centerpoint the exclusive right to explore for coal within their areas.

煤炭勘探许可将给予中鉠公司在该地域内，独家拥有的煤炭勘探权利。 Cinnabar Peak Presentation 11

Cinnabar Peak Coking Coal Project Licence and Area Map

朱砂峰焦煤

项目矿权面积图 Cinnabar Peak Coal Licence and Area

朱砂峰焦煤矿权及面积 (Orange桔黄色部分)

Coal Licence

权 矿 Hectares 公顷 418431 418432 418433 418434 418435 418436 418437 418438 418439 418440

Total

总计 1446 1344 1445 1446 1157 1444 1442 1292 1292 721

13029

公 顷

Cinnabar Peak Coal Licence

朱砂峰焦煤待批煤矿权面积 Area No. 地区号 Area 1 Area 14 Area 15 Area 16 Area 2 Area3 Area 4 Area 11 Area 10

Total

总计

waiting area

(yellow黄色部分) Application No. 申请号码 417720 417732 417735 417736 417719 417721 417722 417730 417731

12150

公 顷 Hectares 公顷 1500 1500 1500 450 1500 1500 1200 1500 1500 Cinnabar Peak Presentation 12

Geology

地

质

 Coking coals of interest for mining at Cinnabar Peak are contained within the Gething Formation, of Early Cretaceous (135 million year old).

朱砂峰可采的焦煤是包含在早期白垩纪（ 1.35

亿年以前）的盖森地层构造当中。  The Gething Formation is 300 to 550 metres thick, containing numerous coal beds.

盖森地层厚度为 300 到 550 米，包含有诸多煤层。   At least 21 coal beds extend across the property.

至少 21 个煤层延展贯穿整个资产。 5 of these coal beds are of major interest for mining, since they are thicker and more continuous.

其中 5 个煤层非常厚，而且具有很好的连续性，为主要开采煤层。

Panoramic view Gething Formation; western face of the Peace River Canyon below the Bennett Dam.

Gething

地层组的全景图；在

Bennett

坝下面的和平河谷 Cinnabar Peak Presentation 13

Geology

地

质

East Bank section of Gething and Cadomin formations, looking southward from Bennett Dam. Coal beds lie within dark coloured bands of rock; note consistency of geological structure, and general dip of strata parallel to ground surface.

东岸的盖森（

Gething

）和

Cadomin

储层段，由

Bennet

提 坝往东条路眺望。煤床藏于深色横纹里； 请注意地质构造和一般平衡于倾角地层的一致性。 Cinnabar Peak Presentation 14

Geology

地

质

    Major coals are arranged in two groups: the Upper Coals and the Lower Coals. Upper Coals include the Superior, Trojan and Titan coal beds. Lower Coals include the Grant and Murray coal beds.

主要的煤层分布为两组：上煤组和下煤组。上煤组包含 Superior, 、 Trojan 和 Titan 煤层。 下煤组包含 Grant 和 Murray 煤层。 Coal beds are up to 3.3 metres thick at Cinnabar Peak. Coals greater than 1 metre thick are considered of interest for mining.

在朱砂峰煤层厚达 3.3

米。煤层厚度超过一米， 被认为有开采利益。 Depth to the coal ranges from 0 to 900 metres. Most of the known coal lies shallower than 600 metres.

煤的深度范围为 0 米到 900 米。多数已知的煤层 赋存于地下 600 米以上。 Dip of the coals is low to moderate (7% to 38%), facing away from the centre of a large anticline.

煤层倾角平缓为中度范围 ( 7% 到 38%), 背离大的 背斜中心。

Geological Section

地质切面图 Cinnabar Peak Presentation 15

Regional Geology Map

地区地

质图

The light brown, the gething formation ,is coal bearing.

此 图中 的土黄色部分是盖森地 层，为含煤地层 Cinnabar Peak Presentation 16

     

Coal Resource and Quality

煤炭

资源和煤质

Speculative resources of coal, in beds at least 1 metre thick, contain at least 510 million tonnes of Coal, of which 420 million tonnes are considered to be within 600 metres of the ground surface.

Resource estimation includes an allowance for geological risk, which is decreased within areas which have already been extensively drilled.

。 The Lower Coals are not assumed to extend beneath the Upper Coals. This is a conservative assumption, based on the Lower Coals having fewer boreholes than the Upper Coals.

推测 1 米以上的厚煤层的资源总量最少为 5.10

亿 吨。其中 4.2

亿吨被认为是赋存于地下 600 米以 上。 资源估计考虑到了地质风险，而在钻探密集地 区，其风险也随之降低。 基于下煤组钻孔少于上煤组，假设下煤组并没 有在上煤组的下方延展，而这个假定是很保守。

East Bank section of Gething and Cadomin formations, looking northeastward.

东北方向的盖森和

Cadomin

层组的东岸切面图 Cinnabar Peak Presentation 17

Coal Resource and Quality

煤炭

资源和煤质

   Coals with coking ability have been identified as our major exploration targets. Cinnabar Project is estimated to Coals are mostly medium volatile coking coal, with some high volatile bituminous coal in the western part of the property. Volatile matter content decreases to the east, and also decrease downward within the Gething Formation. 我们主要的勘探目标是焦煤。朱砂峰项目预计煤质多数为中度挥发焦煤，西部 区域的煤质为高挥发度焦煤，东部区域以及盖森层组挥发物质成分降低。 Ash of the coal by itself is low, at 3% to 7%. Sulphur content of the coal is low, typically within 0.55% , rarely exceeding 1%. All coal resources are within coal beds considered to have characteristically low sulphur contents.

煤自身的灰分很低，在 3% 到 7% 之间。煤的硫分很低，典型的为 0.55% 以内， 很少 超出 1% 。 Coals can be blended from within the property, to meet the VM23-25%, ash less than 8% requirement of Asian markets.

可以在矿上就地混煤，以满足中度挥发 23-25%, 灰分低于 8% 的亚洲市场需求。 Cinnabar Peak Presentation 18

Coal Resource and Quality

煤炭

资

源 和煤

质

Cinnabar Peak Presentation 19

Coal Quality

煤

质

Coal quality data from 1971/1973 exploratory work 1971/1973 年勘探工作的煤质数据 Cinnabar Peak Presentation 20

Coal Quality

煤

质

SGS Coal quality Analysis in 2010 2010 年 SGS 分析的煤质数据 Cinnabar Peak Presentation 21

Mineability

可采性

  Coal geology is not complex and seams are not steep (typically 7%) .Estimated that mining extraction can continue to a depth of 600 metres.

煤炭地质不复杂，煤层不陡峭（基本为 7% ）。预计开采最深可达 600 米。 Seams are generally thin but are ideal for underground long wall and short wall mining, and room & pillar extraction. These methods are common in Asia.

采用地下长臂和短臂以及房柱式开采，煤层厚度非常理想。  Five separate mines in different areas could be considered for a maximum total production of 10,000,000 clean tonnes per year for a minimum 25 year mine life.

考虑在不同区域开发 5 个独立的矿区，年产高达一千万吨精煤，至少 25 年 的矿山服务年限。 Cinnabar Peak Presentation 22

Conclusion 结论

       Centerpoint’s coal property at Cinnabar Peak Consists of 251 square kilometres of coal exploration licence, effectively controlling the most accessible part of a larger coalfield.

中鉠公司的朱砂峰煤炭资产包含 251 平方公里的煤炭勘探执照，有效地控制了大部分煤田的出入通 道。 Centerpoint’s property is estimated to contain at least 510 million tonnes of coal, of which 420 million tonnes are considered to be within 600 metres of the ground surface.

中鉠公司煤炭资产预计总量最少为 5.10

亿吨煤，其中 4.2

亿吨被认为是地表以下 600 米以内。 Coal resources at Cinnabar Peak are classified as being at the “speculative” level-of-assurance.

朱砂峰的煤炭资源被归类为有保证的“投机”水平 The coal beds have a range of volatile-matter contents amenable to blending to meet Asian requirements for coking coal.

煤层含有的挥发物含量适合混配，以满足亚种对焦煤的要求。 Ash content and sulphur content of the coals are low, rendering them attractive for development.

此煤的灰分和硫分含量比较低，让此种煤炭开发颇具吸引力。 The coal would be workable by underground methods.

此煤采用地下开采方式可行 The property is well-served by infrastructure, allowing for ready exploration and development.

该区域基础设置配套良好，为项目的勘探和开发做出很好的准备。 Cinnabar Peak Presentation 23

Work Plan- ‐ Year 2014 Predevelopment

工作

计划 — 2014

年开

发准备工作

     Main focus: exploration program 主要专注于：勘探工作 Drilling 2 to 4 holes , minimum 600 metres each; presently under application 钻 2 到 4 个钻孔，每个孔至少 600 米深 , 目前勘 探许可申请待批 Coal quality analysis 煤质分析 Estimated cost for exploration in year 2014 $454,011; 预计 2014 年钻探费用为 $454,011 加元 ; Exploration and 43-101 report development will continue from year 2015 $17,531,000 从 2015 年开始以及此后开展的钻探工作 及 43-101 报告撰写费用为 $17,531,000 Year 年 2014 2015 2016 Total for Phase 1 总计第一阶段 Length (Metres) 长度米 1200 31800 32400 64500 Number of holes 钻孔数 2 53 54 109 Cinnabar Peak Presentation 24

Year 2014 Planned Exploration Work Map 2014

年

计划勘探工作地图

  The year 2014 exploration area is located approximately 10 kilometres south west of the Town of Hudson Hope (see the below map Cinnabar Peak Phase 1 Exploration) within an area known as Coal License 418432 2014 年勘探区域位于 Hudson Hope 西南约 10 公里处（见下图 朱砂峰阶段 1 勘探图）的煤炭执许可 418432 区域内 Sites A and C are the preferred drill sites with B and D as backup locations （ refer to the Planned Exploration Work map) 右侧地图上 A 和 C 为首选钻孔位置， B 和 D 为备用位置 CL:418431 CL:418432 Cinnabar Peak Presentation 25

Work plan – year 2015 & 2016 Exploration

工作

计划 — 2014

年开

发前工作

     Main focus: determine mineral resource for the large easterly block north of the Peace River 主要工作集中于： 确认和平河北部的大型东区块组的资源量 Continue coal analysis 继续进行煤质分析 Conduct mine design parameter work ， and begin mine design work 开展煤矿设计参数工作 , 开始煤矿设计 Capital estimates requirement: 预计资本需要： - rock development 土方 - surface structure 地表结构 - roadheaders 掘进机 - continuous Miners 连续性采煤机 - longwall systems 长臂开采系统 - underground diesel equipment 地下柴油设备 - ventilation system 通风系统 - conveyor systems 皮带系统 Cinnabar Peak Presentation 26

Access into Trial Mine 进

入

矿山的通道

Cinnabar Peak Presentation 27

Work plan – year 2017 & 2018 trail mine

工作

计划 — 2017

年和

2018

年

实验性开采

 Main focus: stepping development forward to full production

主要工作：进一步开发以达到全部产能

 Year 2017: production at 100,000 tonnes 2017

年：产量达到

10

万吨

- mine development: rock development continues

矿山开发：继续土方工作

 - purchase and install conveyor systems

购买及安装皮带系统

Year 2018: commence production at 1,000,000 tonnes 2018

年：开始生产

100

万吨焦煤

Cinnabar Peak Presentation 28

Centerpoint Resources Inc.

加拿大中鉠资源有限公司

Thank you

谢谢

Centerpoint Resources Project Team

中鉠资源项目组

Mar 2014 Suite 1055 – 1140West Pender Street Vancouver BC Canada V6E 4G1 TEL: 1-604-568-3388

Cinnabar Peak Presentation 29

Notes

Cinnabar Peak Presentation 30