Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — 121 Mining Conference APAC 2021
26 slides from Emerald Resources Nl's conference presentation, March 2021
Slide 1: Okvau Gold Project, Cambodia
Okvau Gold Project, Cambodia ASX:EMR 121 Mining Conference APAC March 2021
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statement This presentation contains certain forward looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections about the industry in which Emerald Resourc
Slide 3: Why Invest in Emerald?
Why Invest in Emerald? - Great Project - Strong Economics - The Right Team ❑ Okvau development “On Time On Budget” Gold production on schedule for Q2 2021 ❑ Fully Funded – (Cash & Debt) -US$98 Million Gold plant development well advanced; ❑ +100,000oz per annum Gold production by mid 2021 – at AISC
Slide 4: Emerald at a Glance
Emerald at a Glance Capital Structure Shareholder Structure ASX Code EMR Share Price $0.80¹ Institutional Retail & High Net Worth Investors Investors Shares on Issue (current) 515M 48% 30% Options on Issue 11.6M² Market Cap (undiluted) A$412M 1 Share Price as at 26th February 2021. 2 Options compris
Slide 5: Okvau - Construction Progress
Okvau- Construction Progress ASX: EMR | www.emeraldresources.com.au 5
Slide 6: Construction Progress by Expenditure
Okvau Gold Project Construction Progress by Expenditure (28th February 2021) 77% Spent and Committed ASX: EMR | www.emeraldresources.com.au 6
Slide 7: Construction Progress – Tanks and Mill
Okvau | Construction Progress – Tanks and Mill Tanks Progressing, Multiple Concrete Progressing Work Packages on Simultaneously - on Schedule time Mill Plinths - Formwork Complete Ready ❑ Tower footings excavated at sub-station ❑ Aerial View of Powerline Towers & Corridor now complete to site. to Po
Slide 8: Construction Progress - Crushing
Okvau | Construction Progress - Crushing Crushing Circuit Advanced Primary Crusher Installed ROM Progressing Mill Plinths - Top of Tank steelwork - float circuit ASX: EMR | www.emeraldresources.com.au 8
Slide 9: Construction - Offsite Fab Materially Complete
Okvau | Construction - Offsite Fab Materially Complete ❑ Aerial View of Powerline Towers & Mill Heads Corridor now complete to site. Mill Shell Mill Girth Gear Tank Plate Jaw Crusher ❑ Footings For Sub-station towers. Elution Column Mill Gearbox Mill Motors ASX: EMR | www.emeraldresources.com.au 9
Slide 10: Construction Progress – Power and Camp
Okvau | Construction Progress – Power and Camp Sub-Station Transporting Transformer Installing Transformer ❑ Footings For Sub-station towers. ❑ Sub-station towers complete, earthworks Mess Hall for sub-station commenced. Mine Camp ASX: EMR | www.emeraldresources.com.au 10
Slide 11: Equipment Delivery Schedule
Okvau Gold Project | Equipment Delivery Schedule At Vendor In Transit In Country / at Okvau -6% -2% -92% • Laboratory Equipment; • Derrick Screens; • SAG Mill Package; • Oxygen Generating System; • Cyanide discharge tank package; • HIG Mill Package; • Switchrooms (partial remaining); • Switchrooms;
Slide 12: Construction – Transportation of Key Elements
Okvau | Construction – Transportation of Key Elements Mill Shells Loading on Ship Sumo Steel ❑ Aerial View Fabrication of Powerline Towers & Mill Shells in Transport Corridor now complete to site. Mill Shells At Port Derrick Screen Ready For Transport ❑ Sub-station towers complete, earthworks for su
Slide 13: Mining – Transportation - Earthmoving Materially Complete
Okvau | Mining– Transportation- Earthmoving Materially Complete ❑ Aerial View of Powerline Towers & Corridor now complete to site. - ❑ Footings For Sub-station towers. ❑ Sub-station towers complete, earthworks for sub-station commenced. 140 Tonne Crane and 100 Tonne Trucks Road Transported to Okvau
Slide 14: Construction Progress – Mining – Tailings Dam
Okvau | Construction Progress – Mining – Tailings Dam Keyway ❑ Tower footings excavated at sub-station site. Aerial of Open Commencement of Open Cut Mine (February) Cut Mining (December) Aerial Tailings Dam and Keyway (January) ASX: EMR | www.emeraldresources.com.au 14
Slide 15: Okvau - Resource-Reserve Expansion
Okvau- Resource- Reserve Expansion ASX: EMR | www.emeraldresources.com.au 15
Slide 16: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension ❑ 17m @ 5.7g/t from 399m (DD11OKV091); ❑ 10m @ 9.6g/t from 411m (DD12OKV108); ❑ 3m @ 14.2g/t from 432m (DD11OKV091); ❑ 6m @ 9.7g/t from 520m (DD16OKV372). Long-section RCDD20OKV424 6m @ 11.40g/t Au fr 258m ⁴ DD11OKV091 3m @ 14.2g/t Au fr 432m ³
Slide 17: Okvau Resource Growth
Okvau Resource Growth N-S trending Okvau feeder zone:- Below Reserve Pit Intersections In Reserve Pit Feeder Zone Intersections ❑ 15m @ 11.92g/t from 143m (RC19OKV390)²,³; ❑ 16.9m @ 10.87g/t from 78m (DD16MET003)¹; ❑ 9m @ 9.27g/t from 37m (RC13OKV135)¹; ❑ 8m @ 19.98g/t from 172m (RC19OKV397)²,³; ❑ 9
Slide 18: Okvau Resource Growth
Okvau Resource Growth Refer to the Company’s ASX releases dated 1 May 2017 and Renaissance Minerals Limited ASX release dated 19 September 2012. 1 Reference is made to the Company’s ASX release dated 4 April 2019. 2 Reference is made to the Company’s ASX release dated 2 July 2019. 3 Reference is mad
Slide 19: Okvau Grade Control Drilling
Okvau, Oxide, 5m x 5m Grade Control Drilling Continuing Strong positive comparison to Reserve Near Surface Grade Control (GC) to Reserve Comparison (< 10m deep) 17,600m1 Results show a significant increase in tonnage for the areas tested (Oxides) ❑ Oxides limited in Okvau pit (average 6m depth) but
Slide 20: Okvau Grade Control Simulation
Okvau Grade Control Simulation (5 - 25m deep) ❑ Infill Grade Control simulation drilling programme 368 holes for 10,100m; ❑ 10m x 10m infill pattern to an average vertical depth of 25m; ❑ Results confirm continuity, grade and tonnage estimate of resource model; ❑ Best results of:- ▪ 4m @ 22.93g/t go
Slide 21: Regional Exploration-Significant Upside
Regional Exploration-Significant Upside ASX: EMR | www.emeraldresources.com.au 21
Slide 22: Regional Exploration Potential
Regional Exploration Potential – ❑ Dominant land position of 1,239km² covering a north-west trending zone of granitoid intrusions; ❑ Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium). Phnom Khtong Licence O’Chhung O’Chhung
Slide 23: New Licence Grants - Memot
New Licence Grants | Memot- 100% EMR Footprint of local (illegal) Artisanal miners) Footprint of local (illegal) Artisanal miners) Okvau with significant Au Cu Ag rock chip results Memot 72.8 g/t Au –5.93%Cu-264 g/t Ag 74.5 g/t Au –3.06%Cu-193 g/t Ag 83.2 g/t Au-6.91%Cu-337 g/t Ag 9.91 g/t Au-11.8%C
Slide 24: New Licence Grants - Memot Historical Workings
New Licence Grants | Memot - Historical Workings Local Illegal Miners Currently Occupy Part of the Site Historical miners exploited high grade underground ASX: EMR | www.emeraldresources.com.au 24
Slide 25: Summary
Summary ❑ Project Development On Time and On Budget; ❑ COVID-19 impediments manageable and not expected to impact on 2nd qtr. 2021 commissioning and production timeline. ❑ Experienced, well credentialed Board and senior management, well equipped to develop Okvau and other gold projects; ❑ Emerald de
Slide 26: Thank You
Thank You 121 APAC 2021 ASX: EMR | www.emeraldresources.com.au 26
Emerald Resources NL — 121 Mining Conference APAC 2021 on 6ix