Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Investor Presentation (December 2009)
22 slides from Ramelius Resources's investor presentation, Dec 4, 2009
Slide 1: Ramelius Resources Limited Presentation December 2009
For personal use only RAMELIUS RESOURCES LIMITED Presentation | December 2009 Ian Gordon CEO
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantl
Slide 3: Corporate Structure
Corporate Structure For personal use only DIRECTORS: Bob Kennedy Chairman Reg Nelson Non-Executive Director Kevin Lines Non-Executive Director Joe Houldsworth Non Executive Director Ian Gordon Executive Director CEO ISSUED CAPITAL: As at 30 November 2009 | ASX Code: RMS 277.8 million fully paid or
Slide 4: Summary of FY 08-09
Summary of FY 08-09 For personal use only Net Profit after tax of $4.97m Production of 16,283 ounces of gold Completion of a successful open cut mining phase in April 2009 Commencement of underground development in May 2009 A year of progress that has positioned Ramelius to deliver high gr
Slide 5: Year Summary
3 Year Summary For personal use only 9 Consistent Production 9 Three Years of Net Profit Financial Year 2006-7 2007-8 2008-9 Ore Processed (tonnes) 66,221 96,910 151,697 Grade (g/t gold) 8.36 5.25 3.59 Recovery (%) 95 96 96 Production (Ounces) 16,963 16,154 16,283 Gold Sales (A$M) 14 14.8 19.8 NPAT
Slide 6: Open Pit Cutback
Open Pit Cutback For personal use only Designed to access fresh rock for portal & decline 11 months of mining 1.1m BCM of material moved 158,000t of ore mined 16,972 ounces produced (3 times est.)
Slide 7: Pit Cutback Overcall
Pit Cutback Overcall For personal use only Production – Modeled v Actual Mined Pit 1 2006-7 Ore Tonnes Grade Grams Ounces Mine Model 73,000 5.86 427,780 13,754 Actual Mined 162,000 6.62 1,072,440 34,480 Pit 2 2008-9 Ore Tonnes Grade Grams Ounces Mine Model 76,000 2.30 174,800 5,620 Actual Mined 158,
Slide 8: Wattle Dam Underground Mine
Wattle Dam Underground Mine HWE Mining appointed as underground contractor April 09 For personal use only Portal and decline commenced in May 2009 First ore block development completed end of November 2009 First development ore processing commenced November 2009 Stoping planned to begin in
Slide 9: Wattle Dam Gold Mine Completed Underground Development
Ea Se Gaderareurd @evelopment ic ll Open Pit ee Me 8 -241RL f | 205RL =) @ < ©) ) 00R @O High Grade Zone FOr p Wattle Dam Gold Mine Completed Underground Development Looking North (as at 15 November 2009)
Slide 10: Stoping Blocks January to March 2009
Stoping Blocks January to March 2009 ~10,000t per month For personal use only Open Pit 241 RL STOPING FEB-MAR 225 RL STOPING JAN-FEB 205 RL WATTLE DAM UNDERGROUND DEVELOPMENT LOOKING WEST
Slide 11: Significant visible gold in underground ore drives
Significant visible gold in underground For personal use only ore drives
Slide 12: Visible Gold
Visible Gold For personal use only Sediment Face on 225 RL Ore Drive (Cut 6)
Slide 13: For personal use only
For personal use only Ore body has a strike length of 50m with a core of high grade 20-30m in strike by 9m wide Extensive gold veins in core of high grade zone Grade difficult to estimate and milling is the only accurate determination
Slide 14: Wattle Dam milled grades to date
Wattle Dam milled grades to date For personal use only Date Dry Tonnes Estimated Estimated Milled Grade g/t Au Gold in Oz* 23/11/09 472 9.90 150 24/11/09 600 19.35 373 25/11/09 590 26.41 501 26/11/09 580 31.02 578 27/11/09 509 32.92 539 28/11/09 583 31.44 589 29/11/09 580 29.61 552 30/11/09 602 36.0
Slide 15: Wattle Dam Deep Drilling
Wattle Dam Deep Drilling For personal use only Further deep diamond drilling completed in 2008-9 This drilling has defined gold mineralisation and the “mine geology” to a depth of 350m below surface Target has a small strike extent and requires high density drill pattern due to high nugget gol
Slide 16: Showing Selected High Grade Drill Intersections
For personal use only Showing Selected High Grade Drill Intersections
Slide 17: Regional Exploration
Regional Exploration For personal use only Drilling targeting contacts along strike from Wattle Dam Gravity survey to further define controlling structures Trial SAM Geophysical survey completed north of Wattle Dam Wattle Dam pit to identify prospective sediment horizon Recent drilling compl
Slide 18: Burbanks Milling
For personal use only Burbanks Milling Treatment of 158,000t of ore at Burbanks during 2008-09 Average recoveries of 96% from all ore processed during year Costs reduced by treatment of third party ore Planned upgrade of gravity circuit in December 2009 to cope with high grade Wattle Dam und
Slide 19: Dioro Offer
Dioro Offer For personal use only Ramelius is offering 2 RMS shares for each Dioro share The Ramelius offer values Dioro shares at 118 cents* per share (* as at close of market 3 December 2009) Ramelius made the offer to gain exposure to the excellent Frogs Leg gold mine, which is one of the p
Slide 20: Where are we now?
For personal use only Where are we now ? Strong board with well defined growth strategy focussed on gold No debt and cash of $11.8m (as at 15 November 2009) Milling of high grade development is delivering very strong cash flows (average. $700K per day) Mine set to deliver high grade producti
Slide 21: Looking Forward to 2010
For personal use only Looking Forward to 2010 Strong focus on Health, Safety; and Environmental compliance Expecting strong cash flows from Wattle Dam in December 2009 which will flow straight to the bottom line Costs will be kept low, with year to date expenditure in line with our low cost st
Slide 22: Competent Person statement
For personal use only The Information in this report that relates to Exploration Results is based on information compiled by Matthew Svensson. Matthew Svensson is a Member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and
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