Hillgrove Resources Limited · ASX:HGO
Hillgrove Resources — Noosa Mining Conference 2021
13 slides from Hillgrove Resources's conference presentation, Nov 10, 2021
Slide 1: Hillgrove Presentation at the Noosa Mining Conference
Wednesday, 10 November 2021 For personal use only HILLGROVE PRESENTATION AT THE NOOSA MINING CONFERENCE Hillgrove Resources Limited (Hillgrove, the Company) (ASX:HGO) is pleased to announce Managing Director Lachlan Wallace will deliver an investor presentation at the Noosa Mining Conference. Presen
Slide 2: Australia's Next Copper Mine
For personal use only AUSTRALIA’S NEXT COPPER MINE Lachlan Wallace CEO & Managing Director November 2021 1
Slide 3: Hillgrove Resources: Corporate Snapshot
Hillgrove Resources: Corporate Snapshot For personal use only Company Overview Investment Highlights • ASX listed (‘HGO’) Australian resources company that owns and ✓ Advanced, fully permitted project with key infrastructure in place operates the Kanmantoo Copper Gold Mine in South Australia for a l
Slide 4: Kanmantoo – A unique opportunity in copper
Kanmantoo – A unique opportunity in copper For personal use only Ability for a fast, low capex restart ✓ Fully permitted ✓ 3.6Mtpa plant maintained on C&M ✓ Fully operational TSF with additional capacity ✓ Local workforce with key hires already recruited ✓ Same geology, geotech and metallurgy as ope
Slide 5: Mineralisation continuing for at least 500m
Mineralisation continuing for at least 500m For personal use only • Highlights of the drill program completed in August 2021 include: ‒ 37 holes completed for 17.2km on time and within budget. ‒ Infill drilling at Kavanagh and Nugent has confirmed the continuity and tenor of the Cu-Au mineralisation
Slide 6: Follow up targets to further expand resource
Follow up targets to further expand resource For personal use only H1 2021 drill program Completed 17.2km, updating MRE Current drill program 16km targeted for completion Q2 2022 Note (1): Exploration Target 8-16Mt @ 1-2%Cu and 0.2-0.4g/t Au within permitted Mining Lease. The Exploration Target is c
Slide 7: Underground decline development underway
Underground decline development underway For personal use only WHY AN ACCELERATED UNDERGROUND DECLINE ? • Establish multiple drill platforms to enable UG drilling program, including stope definition drilling which is on Giant Pit critical path to first ore production. • Stope definition drilling inc
Slide 8: Decline to be established with minimal cash outflow
Decline to be established with minimal cash outflow For personal use only $2m SA Government grant to trial a new underground mining technology being developed by Komatsu Deferred and contingent payment terms with Komatsu means decline is established with minimal cash outflow before FID UG drill plat
Slide 9: Pathway to being Australia's next Cu producer
Pathway to being Australia’s next Cu producer For personal use only FID 8
Slide 10: Hillgrove: Opportunity Re-Cap
Hillgrove: Opportunity Re–Cap For personal use only ■ Near term underground development opportunity at Kanmantoo which will benefit from very low capital intensity and fast restart due to existing infrastructure. ■ Successful 2021 drill program has yielded potential to increase the scale of the unde
Slide 11: Appendix
For personal use only Appendix 10
Slide 12: Disclaimer & Competent Persons Statement
IMPORTANT NOTICE Disclaimer & Competent Persons Statement For personal use only DISCLAIMER No representation or warranty is or will be made by any person (including Hillgrove Resources Limited ACN 004 297 116 (“Hillgrove”, “HGO”, or the “Company”) and its officers, directors, employees, advisers and
Slide 13: References
IMPORTANT NOTICE References For personal use only All exploration drill results, exploration information and Mineral Resource Estimates have previously been reported to the ASX by Competent Person at the time. The results reported herein are reported in the form and context of the original ASX relea