Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Shareholder Meeting (December 2021)
29 slides from Pantoro Gold's shareholder meeting presentation, Dec 22, 2021
Slide 1: Adjournment of Annual General Meeting
ASX Announcement 22 December 2021 Adjournment of Annual General Meeting Tulla Resources Plc (ASX:TUL) advises that the Annual General Meeting scheduled for 4.00pm (AEDT) today will be adjourned as a consequence of the venue for the meeting being a COVID-19 exposure site. Shareholders should not atte
Slide 2: Chairman's 2021 AGM Address to Shareholders
Chairman’s 2021 AGM Address to Shareholders The past year has been truly transformational for Tulla Resources and an incredibly busy one for the Board and Management team. In March 2021 the Company successfully listed on the ASX and commenced trading giving our shareholders a platform to freely trad
Slide 3: Chairman's Address (continued)
Tulla Resources also has interests in various Industrial Mineral rights in accordance with the FJVA and other minerals that form part of the Joint Venture at Norseman and the Company has undertaken an initial a review of the economic potential of the lithium, nickel and iron ore for shareholders of
Slide 4: Tulla Resources Plc Annual General Meeting
Tulla Resources Plc ASX:TUL Annual General Meeting North Royal Pit 22 DECEMBER 2021
Slide 5: Disclaimer
Disclaimer This Presentation This presentation is provided by Tulla Resources Plc (ARBN 122 088 073) (Tulla Resources or the Company) at its Annual General Meeting on 22 December 2021. Statements in this presentation are made only as 17 December 2021 and the information in this presentation remains
Slide 6: Disclaimer (Continued)
Disclaimer (Continued) Future performance This presentation contains certain forward-looking statements (including financial forecasts) with respect to the financial condition, operations and business of the Company and certain plans and objectives of the management of Tulla Resources. Forward-looki
Slide 7: Delivering on our Strategy
Delivering on our Strategy • Bring the Norseman Gold Project into production • JV parties focusing on delivering Phase One LOM Plant • Construction of new plant well underway for planned recommencement of production in August 2022 • Mining Contractor tenders being reviewed to commence mining in Apri
Slide 8: Corporate Snapshot
Corporate Snapshot Tulla Resources (ASX:TUL) is a diversified Resources House and owns a 50% interest in the historic Norseman Gold Project, located in the Eastern Goldfields of Western Australia, at the southern end of the highly productive Norseman-Wiluna greenstone belt. In October 2020 a DFS2 wa
Slide 9: Board and Management
Board and Management Kevin Maloney Mark Maloney Michael Anglin Andrew Greville Frederick Kempson Executive Chairman Executive Director Non-Executive Director Non-Executive Director Non-Executive Director • Extensive career in international • Previously, Mark was Chief • Michael spent 22 years with B
Slide 10: Investment Highlights
Investment Highlights • Extensive Mineral Resources of 4.2Mt @ 3.4 g/t Au for 4.5Moz and with an Ore Reserve of 713Koz1 (100%) 50% Interest in the Norseman • Initial seven-year project life Gold Project as Cornerstone • Upgraded whole of mine plan expected at commencement of production to add furthe
Slide 11: Fully Committed JV
Fully Committed JV In May 2019, Tulla Resources entered into a farm-in and joint venture agreement (FJVA) to sell a 50% share in the Norseman Gold Project to Pantoro. Rationale A 50% Joint-Venture • Tulla Resources continue to see long-term upside in the asset; maintaining a 50% interest provides ex
Slide 12: Norseman Gold Project (50%)
Norseman Gold Project (50%) Multiple Mining Centres • Large tenure position of 148 Tenements covering approximately 70 km of strike • 6 Mining Centres with focus on initial 4 key Mining Centres (Scotia, Gladstone, OK, and Cobbler) in the first 7 years • Feasibility work complete and approvals in pla
Slide 13: Leveraging Existing Infrastructure
Leveraging Existing Infrastructure The Norseman Gold Project is adjacent to the Norseman township, with existing infrastructure already in place. ▪ Construction of a new 1.0Mtpa carbon in leach processing plant well underway (with flexibility to be increased up to 1.5Mtpa) Processing Plant ▪ Designe
Slide 14: Building on a solid resource foundation
Building on a solid resource foundation Phase 1: Small portion of available Mineral Resource Remaining REMAINING MINERAL Mineral Resource (koz) RESOURCE 4,500 (koz) further developed by JV to date Resource Mineral Resource Accumulated Production Production (koz) 4,000 4,500 700 4,000 3,500 600 • Onl
Slide 15: Scotia – A Big Mining Centre Getting Bigger
Scotia – A Big Mining Centre Getting Bigger Scotia Open Pit • Historic mined grade of 5.9g/t (open pit and underground combined) • Mined from 1987-1996 • Current Open Pit 1.1 km Long • The Scotia Open Pit Mineral Resource has seen an increase in the Indicated Mineral Resource category related to add
Slide 16: Scotia Mining Centre – Green Lantern
Scotia Mining Centre – Green Lantern Green Lantern • Green Lantern discovery announced in August 2020 revealed a number of wide, ore grade intersections in a zone which had not previously been drilled • Recent drilling extends near surface mineralisation a further 300 m to the south of the Green Lan
Slide 17: Norseman Mainfield
Norseman Mainfield Mainfield is the most prolific mining area at Norseman to date. Crown/ Mararoa St Pats First pass drilling completed with focus areas identified. Drill areas focussed on zones easily accessed from existing infrastructure 6km Crown Large areas unmined previously South Very high gra
Slide 18: Norseman - Historic Production & Exploration Upside
Norseman - Historic Production & Exploration Upside A High Scale, Top Tier Asset World-class Greenstone Belt Highly Prospective Area Significant Exploration Upside Norseman produced ~6 Moz historically The Norseman Gold Project tenure is The area between Norseman and The Norseman Gold Project 50% an
Slide 19: Lithium Development Potential – Preliminary Assessment
Lithium Development Potential – Preliminary Assessment Background • Tulla Resources has completed a preliminary assessment of the Lithium potential at Norseman • Lithium is part of the current JV with Pantoro (50% Tulla Resources - 50% Pantoro) Summary • Potential for strike extensions to Liontown R
Slide 20: Nickel Development Potential – Preliminary Assessment
Nickel Development Potential – Preliminary Assessment* Background • Tulla Resources has completed a preliminary assessment of nickel potential at Norseman from historic exploration activity undertaken between 1991 to 2006 • Nickel exploration has been largely confined to work by WMC and later by Nic
Slide 21: Iron Ore Development Potential – Preliminary Assessment
Iron Ore Development Potential – Preliminary Assessment* Background • 100% Tulla Resources - Iron ore is not part of the Pantoro JV • Preliminary assessment of historical data completed Summary • 18 km of prospective stratigraphy identified on current project tenure • Limited exploration with very f
Slide 22: Tulla Resources' Strategy
Tulla Resources’ Strategy Tulla Resources’ strategy is focused on bringing the Norseman Gold Project into production, and developing and/or acquiring other resource assets to provide commodity and geographical diversity. 1 Bringing the Norseman Gold Project into production is an immediate priority i
Slide 23: Peer Trading Comparables
Peer Trading Comparables Tulla Resources currently trades at a material discount to ASX-listed gold developers and explorers both on an EV/Resource and EV/Reserve basis EV/Resource (A$/oz) 300 1 EV/Reserve (A$/oz) 1000 1 928 260 900 250 243 800 701 700 200 176 600 164 162 515 150 500 118 400 100 300
Slide 24: Appendix
Appendix 21
Slide 25: Scotia – An Exploration Success Story
Scotia – An Exploration Success Story • Green Lantern discovery announced in August 2020 revealed a number of wide, ore grade intersections in a zone which had not previously been 28m @ 8.41 g/t Au drilled 9m @ 5.44 g/t Au Scotia Mining Centre Plan View • Near surface mineralisation identified over
Slide 26: Norseman Mineral Resource and Ore Reserve
Norseman Mineral Resource and Ore Reserve* The Norseman Gold Project boasts a high-grade mineral endowment across its prospective mining tenements. 3. Refer to detailed Norseman Gold Project Ore Reserve tables in Appendix 4 of the Annual Mineral and Reserve Statement * Refer to the Full Annual Miner
Slide 27: Detail on the Norseman Gold Project
Detail on the Norseman Gold Project Project Details Project Tenement Setting • Eastern Goldfields of Western Australia • Southern end of the Norseman-Wiluna greenstone belt Location • Tier 1 location in the Eastern Goldfields, ~725 km east of Perth, ~200 km south of Kalgoorlie and ~200 km north of E
Slide 28: Infrastructure Location Map
Infrastructure Location Map
Slide 29: Contact
Contact Mark McIntosh Stephen Maffey CFO Company Secretary / General Counsel mark.mcintosh@tulla.com.au stephen.maffey@tulla.com.au + 61 (0) 2 9095 4266