Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Investor Presentation (July 2018)
26 slides from Aurelia Metals's investor presentation, Jul 23, 2018
Slide 1: Building the Next Mid-Tier Gold and Base Metals Producer
For personal use only ASX Code: AMI Building the Next Mid-Tier Gold and Base Metals Producer • Can we get access to some images of Peak to use on the cover here? General Investor Presentation July 2018 Jim Simpson, Managing Director & CEO
Slide 2: Forward Looking Statement
Forward Looking Statement For personal use only This presentation has been prepared by Aurelia Metals Limited (“AMI” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation
Slide 3: Company Highlights
Company Highlights For personal use only Turnaround at Hera resolving processing issues, better mining practices and reducing site costs All In sustaining costs reduced providing one of the lowest cost operations in Australia Strong cash flow with all debt repaid and a net cash position of $67
Slide 4: Key Assets – Located in the productive Cobar Region
Key Assets – Located in the productive Cobar Region Bourke For personal use only Endeavour Zn/Pb/Ag (CBH-Toho) Australia CSA Cu (Glencore) NSW Nyngan Cobar Peak Au/Cu/Pb/Zn Cobar Nymagee Cu Project Basin Hera Au/Pb/Zn Mine Wonawinta Ag Mallee Bull Cu/Pb/Zn Project (Peel/CBH) Newcastle ORANGE Parkes
Slide 5: The Peak a Perfect Growth Opportunity for Aurelia
The Peak a Perfect Growth Opportunity for Aurelia Neighbouring Located 75km (90km by road) north of Aurelia’s Hera Acquisition positions Aurelia with a dominant Operations operations, offering significant operational synergies landholding in a highly endowed mineral province For personal use only Di
Slide 6: Peak Mines - A 10km Corridor of High Grade Mines
Peak Mines - A 10km Corridor of High Grade Mines • Mining from two underground mines currently: For personal use only I. Southern Corridor - Perseverance/Chronos II. Northern Corridor – Jubilee and Great Cobar Project • Mining Inventory indicating potential for an 10 year mine life. • Significant sc
Slide 7: AMI Resources
AMI Resources Tonnes NSR Au Pb Zn Ag Cu Hera Resource Estimate (kt) (A$/t) (g/t) (%) (%) (g/t) (%) For personal use only Measured 1007 248 2.6 2.7 4.2 20 N/A Indicated 951 228 2.7 2.1 3.2 17 N/A Inferred 558 239 1.7 3.5 4.7 51 N/A Total 2,516 238 2.44 2.65 3.93 25.7 N/A Tonnes NSR Au Pb Zn Ag Cu Nym
Slide 8: AMI Reserves
AMI Reserves NSR Au Pb Zn Ag Cu For personal use only Tonnes Hera Reserve Estimate (kt) (A$/t) (g/t) (%) (%) (g/t) (%) Total 1,117 256 3.05 2.84 4.36 22.7 N/A Peak (Au/Cu/Pb) Reserve Estimate Tonnes NSR Au Pb Zn Ag Cu (kt) (A$/t) (g/t) (%) (%) (g/t) (%) Proven 290 185 1.67 0.1 N/A 1.67 1.77 Probable
Slide 9: AMI Mining Inventory
AMI Mining Inventory Tonnes NSR Au Pb Zn Ag Cu Hera (kt) (A$/t) (g/t) (%) (%) (g/t) (%) For personal use only Reserves 1,117 256 3.05 2.84 4.36 22.7 N/A Mining Inventory 345 265 1.82 4.21 5.62 62.1 N/A Total 1,463 258 2.76 3.16 4.65 32.0 N/A Tonnes NSR Au Pb Zn Ag Cu Nymagee (kt) (A$/t) (g/t) (%) (%
Slide 10: Chronos Resources, Reserves and Mining Inventory Summary
Chronos Resources, Reserves and Mining Inventory Summary CHRONOS RESOURCES Chronos Au/Cu/Pb Resources Tonnes NSR Class Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) (kt) ($/t) For personal use only Measured 57 796 13.64 46.8 0.64 6.26 3.56 Chronos Au/Cu/Pb Indicated 179 692 12.21 41.1 0.32 7.85 4.82 Inferr
Slide 11: Growing Company Profile
Growing Company Profile For personal use only Exploration - Peak Chronos Extensions, Chronos Pb/Zn Peak Deeps Jubilee Extensions, Dapville Great Cobar Exploration - Hera Hera – Exploration Budget for 2018/19 Juno, Hebe, Zeus, Athena Nymagee Extensions Projects – 2018/19 Pb/Zn Upgrade at Peak Nymagee
Slide 12: Key Focus – Deliver strong cash margin
Key Focus – Deliver strong cash margin For personal use only 2018 FY • Higher throughput at Hera • Peak Mines Production • Lower unit costs and treatment terms • Increasing base metal production • 2 regular shipments per quarter 12
Slide 13: Company Debt Free
Company Debt Free • Investec debt of $45M repaid For personal use only • Net cash position $67M (30 June 2018) 13
Slide 14: Hera – Delivering strong operating performance
Hera – Delivering strong operating performance For personal use only 14
Slide 15: Hera - North Pod ready to be mined
Hera - North Pod ready to be mined For personal use only S N North Pod Stoped areas (purple) Exploration drive Planned Stopes 500 m below surface Planned mine development 15
Slide 16: Peak Mines - Infrastructure
Peak Mines - Infrastructure Peak Development Perseverance Development For personal use only Southern Mine Corridor – Mine Development Infrastructure 16
Slide 17: Peak Mines – Chronos Au/Cu/Pb
Peak Mines – Chronos Au/Cu/Pb For personal use only 17
Slide 18: Peak Mines – Chronos Pb/Zn
Peak Mines – Chronos Pb/Zn For personal use only 18
Slide 19: Peak Mines - Infrastructure
Peak Mines - Infrastructure New Cobar and Jubilee Development Chesney Development For personal use only Northern Mine Corridor – Mine Development Infrastructure 19
Slide 20: Chronos and Great Cobar Projects
Chronos and Great Cobar Projects • Potential for further discovery of high grade mineralisation For personal use only • Chronos: A 500m section from the current orebody to the surface is underexplored • Great Cobar: High grade lead-zinc discovered at Anjea lens in the footwall 20
Slide 21: Project Development
Project Development For personal use only Nymagee Pre-Feasibility Study FY2018/19 Chronos development Great Cobar approvals with exploration decline Pb/Zn Processing upgrade at Peak 21
Slide 22: Nymagee Project
Nymagee Project Scoping Study Key Findings For personal use only Mine Life 3.5 to 4 Years This provides a total project life of 8-9 years including Hera Production Target 1.38 Mt at 2.2% Cu, 1.6% Pb, 3.2% Zn NSR Value (NSR A$190/t-A$210/t) Scoping Study metal prices of US$5,800 Cu, US$2,350 Pb and U
Slide 23: Key Focus – Deliver growth in mine life (Nymagee)
Key Focus – Deliver growth in mine life (Nymagee) Nymagee Long Section For personal use only Nymagee Cu/Pb/Zn Pre-Feasibility work underway with environmental and metallurgical studies. Exploration potential at depth Detail on the Nymagee Resource can be found in the Company’s 2016 Annual Report
Slide 24: Exploration Hera – Drilling and Residual Prospectivity
Exploration Hera – Drilling and Residual Prospectivity For personal use only 24
Slide 25: Exploration Hera/Nymagee Region
Exploration Hera/Nymagee Region Mine Corridor For personal use only Hera-Nymagee corridor remains highly prospective The Hera & Nymagee deposits are both marked by prominent gravity highs Several gravity targets have been defined along 20km of strike Exploration of corridor proposed for 2019
Slide 26: Hera MLs – Major Prospects
Hera MLs – Major Prospects Beyond For personal use only Hammerhead Kershaws Hebe Central Hera-Juno 1 Hebe East 3,4 2 Hebe Mag & Hebe Hebe Southeast Central Deeps Zeus Hebe South 500m 6 500m 5 Athena Enyo 26 26