Vault Minerals Limited · ASX:VAU
Vault Minerals — Shareholder Meeting (November 2024)
19 slides from Vault Minerals's shareholder meeting presentation, Nov 22, 2024
Slide 1: AGM Presentation 2024
For personal use only Delivering today Developing for tomorrow Discovering for the future AGM Presentation 2024 www.vaultminerals.com
Slide 2: Important Notice and Disclaimer
VAULT MINERALS | 2 Important Notice and Disclaimer Investor Presentation For personal use only Vault Minerals has prepared this investor presentation based on information available to it at the time of preparing the presentation. No representation or warranty, express or implied, is made as to the f
Slide 3: Corporate Overview
VAULT MINERALS | 3 Corporate Overview Vault Minerals Limited (ASX: VAU) Board of Directors Share price (20 November 2024) A$0.340 Russell Clark Luke Tonkin Andrea Sutton Rebecca Prain For personal use only 12-month trading range A$0.27 - A$0.50 Non-Executive Chair Managing Director & Non-Executive D
Slide 4: Balanced, Diverse Portfolio in Established Mining Jurisdictions
VAULT MINERALS | 4 Balanced, Diverse Portfolio in Established Mining Jurisdictions1 Sugar Zone (Ontario) FY25 Gold Sales For personal use only Reserves (P&P) ▪ 1.9Mt at 5.2 g/t for 325 koz Au Guidance 22% Resource (M&I+I) ▪ 4.8Mt at 8.2 g/t for 1,278 koz Au 390 – 430 54% koz 1 Leonora (Western Austr
Slide 5: Demonstrated Integration Momentum
VAULT MINERALS | 5 Demonstrated Integration Momentum A clear and focused strategy post implementation First 140 days For personal use only Strong finish to FY24 maintained to start FY25 Maiden group Mineral Resource (12.3moz) and Ore Release of maiden merged group sales, with a solid Q1 and well pos
Slide 6: FY2025 Guidance and Outlook
VAULT MINERALS | 6 FY2025 Guidance and Outlook FY25 Guidance: Key Elements For personal use only CONSOLIDATED GROUP 1 Leonora 2 Deflector 3 Mount Monger Gold sales (‘000 ounces) 390 – 430 210 – 230 95 – 105 85 – 95 All-in sustaining cost (AISC) (A$ per ounce) A$2,250 – A$2,450 A$2,100 – A$2,300 A$2,
Slide 7: Leonora – Strategic, Long-life Asset
VAULT MINERALS | 7 1 Leonora – Strategic, Long-life Asset For personal use only King of the Hill’s processing facility is the largest, lowest cost and most scalable processing hub in the prolific Leonora district Current operating configuration is in its infancy, first production June 2022 with FY24
Slide 8: KOTH Open Pit – Optimise Operating Plan
VAULT MINERALS | 8 KOTH Open Pit – Optimise Operating Plan → Improve Productivities and Costs 2024 Mineral Resource pit shell For personal use only Ore Reserve contains 1.65 million ounces through to 2034 ▪ ~10-year base case mine life and core area of Silver Lake due diligence ▪ Relatively shallow
Slide 9: KOTH Mill – Largest, lowest cost & scalable mill
VAULT MINERALS | 9 KOTH Mill – Largest, lowest cost & scalable mill in a prolific gold district KOTH throughput rates demonstrate potential through consistency & optimisation Demonstrated a rapid ramp up with the operation being mill For personal use only constrained post mid 2023 Avg. Daily Through
Slide 10: KOTH Exploration – Step Change In Underground Growth Drilling
VAULT MINERALS | 10 KOTH Exploration – Step Change In Underground Growth Drilling KOTH LOM extension immediately beyond known mineralisation Step change in metres For personal use only ▪ Recent drilling focused on grade control with limited exploration beyond known mineralisation ▪ Material increase
Slide 11: Deflector – Consistent Operational Delivery and Free Cash Flow Generation
VAULT MINERALS | 11 2 Deflector – Consistent Operational Delivery and Free Cash Flow Generation Deflector FY25 mine schedule v ore reserve LOM Investment has delivered volume growth and returns For personal use only ▪ Post acquisition period of operational consolidation and introduction of systems a
Slide 12: Mount Monger – Walking the Talk on Margins Over Ounces
VAULT MINERALS | 12 3 Mount Monger – Walking the Talk on Margins Over Ounces Sustained period of baseload open pit to supplement undergrounds Sustained baseload allows prioritising cashflow and value over For personal use only ounces Underground Tonnes Mined (kt) Open Pit Tonnes Mined (kt) Milled To
Slide 13: Sugar Zone – Drilling and infrastructure has reset the foundations
VAULT MINERALS | 13 Sugar Zone – Drilling and infrastructure has reset the foundations Sugar Zone long section showing Sugar South and Middle Zone results1 93,000 metre drill program completed in FY24 delivers step change in ore body knowledge For personal use only ▪ Mineral Resources and Ore Reserv
Slide 14: A Clear Plan to Execute Over the Coming Months
VAULT MINERALS | 14 A Clear Plan to Execute Over the Coming 12 Months For personal use only Plant optimisation study at King of the Hills to Harvest free cash flow at Deflector in yield phase reflect scale and strategic position of the operation Introduction of new mine front at Spanish Increase thr
Slide 15: Ore Reserve & Mineral Resource Statements
For personal use only Ore Reserve & Mineral Resource Statements Appendix A
Slide 16: Ore Reserves as at June 2024
VAULT MINERALS | 16 Ore Reserves as at 30 June 2024 Gold Proved Ore Reserves Probable Ore Reserves Total Ore Reserves Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces ('000s) (g/t Au) (Au '000s) ('000s) (g/t Au) (Au '000s) ('000s) (g/t Au) (Au '000s) For personal use only Leonora Operatio
Slide 17: Mineral Resources as at June 2024
VAULT MINERALS | 17 Mineral Resources as at 30 June 2024 Gold Measured Mineral Resources Indicated Mineral Resources Inferred Mineral Resources Total Mineral Resources Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces ('000s) (g/t Au) (Au '000s) ('000s) (g/t Au) (Au '00
Slide 18: Peer Comparison & Relative Benchmarking Information
For personal use only Peer Comparison & Relative Benchmarking Information Appendix B
Slide 19: LTM Mill Throughput and Processing Cost
VAULT MINERALS | 19 LTM Mill Throughput and Processing Cost Project Company LTM Throughput (kt) LTM Processing Cost (A$M) Implied Unit Cost (A$/t Processed) Source File (Announcement Date) 1 Carosue Dam Northern Star Resources Limited 3,893 $99 $25 September 2024 Quarterly Activities Report (24 Octo