Xtract Resources PLC · LSE:XTR
Xtract Resources — Investor Presentation (June 2016)
15 slides from Xtract Resources's investor presentation, Jun 16, 2016
Slide 1: Xtract Resources Plc - Our future growth
Xtract Resources Plc (AIM:XTR) Our future growth London – 16 June 2016
Slide 2: Welcome
Welcome Thank you for being here today 2
Slide 3: Strategy
Strategy Our core asset is the Chepica gold mine (it is our top priority) with a large lease area This asset despite all the problems we have experienced (which is normal for any small start up operation) it is well capitilised and is producing The Manica asset is a great project (not a producer yet
Slide 4: Manica
Manica The Company acquired the Manica Asset for total of $12.5 million: • $4 million in Xtract Shares • $5 million in cash (to date) • $2.5 million final cash payment • $1 million BFS costs Gross Proceeds $17.5 million Net position realised $5 million 4
Slide 5: Chepica Gold Mine
Chepica Gold Mine Aerial view of mine taken with Phantom 3 Professional Drone 5
Slide 6: Key operating metrics
Key operating metrics • Most of tons sent to mill comes from on reef development • Total re-design was undertaken of mine in October 2015 after massive earthquake • Completed limited stoping to date (three levels remain pre-developed/ready to be mined) • Note: mill tons to increase to approximately
Slide 7: Further scope to increase volume from underground
Further scope to increase volume from underground Chepica is consistently delivering on volume of 280t/day Upgrading crushing circuit to provide capacity to produce volume of up to 340t/day (next six months) Upgrade in crushing circuit is improving milling capacity and grind (improved recoveries) Un
Slide 8: Significant drilled resource at Colin
Significant drilled resource at Colin Another 6 levels of mineralization defined at widths of 1,5 to 4,25m at grades of 1 to 12,8g/t of Au 8
Slide 9: Three high grade levels ready for stoping and more high grade mineralization below
Three high grade levels ready for stoping and more high grade mineralization below 9
Slide 10: Pb-Zn concentrate in addition to Au concentrate
Pb-Zn concentrate in addition to Au concentrate Ore body at depth at Colin has signifcant quantities of Pb and Zn Up to 1% Zn in rock samples and core Pb-Zn has caused a problem in past 2 months in terms of floating gold We have changed the plant circuit and will now produce a Pb-Zn and Gold concent
Slide 11: Chepica tailings dam project
Chepica tailings dam project Surface stockpiles Processing plant ±225kt @ 1g/t Tailings dam extension 11
Slide 12: Increase production from tailings operation by 10kt/mth
Increase production from tailings operation by 10kt/mth We are allocating debt capital to start construction of 6 tailings ponds that will leach an additional 10kt/mth Capital of US$1.25m to complete the project Have completed raising the current tailings dam wall by 4m and have doubled the wall thi
Slide 13: A Reality check
A Reality check Chepica goals: Consitant delivery of tons to the plant Consistant concentrate mass and grade Short interval control All other areas resolved at Chepica – so focussing on cash flow from this production asset Realising significant cash from the sale of Manica 13
Slide 14: Contact Details
Media and Investor Enquiries: Justine James Gable Communications 34 Lime Street London EC3M 7AT T: +44 (0) 7525 324431 e-mail: xtract@gablecommunications.com Company Secretary: Phil Dexter St James’s Corporate Services Limited Suite 31, 2nd Floor, 107 Cheapside London EC2V 6DN T: +44 (0) 20 7796 864
Slide 15: Disclaimer
Disclaimer This presentation (“Presentation”) is being issued by Xtract Resources PLC. (the “Company” or “Xtract”) for information purposes only. The content of this Presentation has not been approved by an authorised person for the purposes of Section 21(2)(b) of the Financial Services and Markets