Vault Minerals Limited · ASX:VAU
Vault Minerals — Red 5 — Noosa Mining Conference 2019
25 slides from Vault Minerals's conference presentation, Jul 18, 2019
Slide 1: Noosa Conference Presentation
For personal use only Noosa Conference Presentation 17-19 July 2019 ASX Code: RED Mark Williams, Managing Director
Slide 2: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer For personal use only Competent Person Statement for Exploration Results The information in this presentation which relates to Exploration Results is extracted from ASX announcements titled “High-Grade Drilling Results Confirm Potential for Resource Extens
Slide 3: Red 5 Limited - corporate profile
Red 5 Limited - corporate profile For personal use only Our Company Vision “To be a successful multi-operational exploration and mining company, providing benefits to all stakeholders, through the consistent application of technical excellence, and responsible and sustainable industry practices.” Sh
Slide 4: Red 5 growth pathway and optionality
Red 5 growth pathway and optionality For personal use only Acquired Darlot & Ongoing mining and processing operations at Darlot King of the Hill Darlot Reserve Darlot Reserve Darlot Reserve (131koz) (307koz) (TBA) 2017 2018 2019 2020 KOTH Resource Siana operations KOTH (3.1Moz) suspended Resource KO
Slide 5: Pathway to be a multi-asset mid-tier gold producer
Pathway to be a multi-asset mid-tier gold producer For personal use only KING OF DARLOT THE HILLS STRONGER FY 2019/2020 Australia’s next BALANCE 110-120kozpa PRODUCTION premier gold SHEET project Successful integration of two Release of Open Pit Reserve in Cash/Bullion $24.9M at June 2019 “unl
Slide 6: Strong leadership team with operating expertise
Strong leadership team with operating expertise For personal use only Red 5 has a strong and capable team, with many years of mining and development experience at both Red 5 and in prior multi-billion international development projects - well placed to deliver the future KOTH development Board Manag
Slide 7: Darlot - operating asset
For personal use only Darlot - operating asset 7
Slide 8: Eastern Goldfields operations
Eastern Goldfields operations For personal use only June 2019 Quarter gold recovered was 30Koz at AISC of A$1,331/oz1 vs guidance of 27-31Koz at AISC of A$1,300-$1,450/oz2 Sept 2019 Quarter guidance 27-31Koz at AISC of A$1,400-A$1,550/oz1 FY2020 guidance 110-120Koz at an AISC of A$1,350-A$1,50
Slide 9: Darlot – a rich history and an exciting future
Darlot – a rich history and an exciting future For personal use only • Celebrated 30 years of continuous gold production in November 2018 • Total production of 2.8 million ounces of contained gold Mineral Resource - Darlot as at June 2018 JORC 2012 Area Au cut-off g/t 000 Tonnes Au g/t Au koz Classi
Slide 10: King of the Hill – unlocking value for shareholders
For personal use only King of the Hill – unlocking value for shareholders 10
Slide 11: KOTH – potential to be a major Australian gold mine
KOTH – potential to be a major Australian gold mine For personal use only 11
Slide 12: KOTH now one of Australia's top gold deposits
KOTH now one of Australia’s top 20 gold deposits Resources Reserves For personal use only Mt g/t Moz Mt g/t Moz Cadia Newcrest 3175 0.4 37.6 1480 0.5 22.5 Boddington Newmont 928 0.6 18.6 574 0.7 12.4 Golden Mile (100%) Newmont/Barrick 273 1.3 11.7 193 1.2 7.3 KOTH Mineral Granny Smith Goldfields 46
Slide 13: Evaluating a KOTH stand-alone operation
Evaluating a KOTH stand-alone operation For personal use only A KOTH stand-alone project potentially comprises four components, subject to successful studies: Build a 2-4Mtpa processing plant at KOTH Develop a large open pit at KOTH Expand the existing underground to supply early and high-gr
Slide 14: KOTH – Open Pit 2.0Moz. Underground 1.1Moz
KOTH – Open Pit 2.0Moz. Underground 1.1Moz For personal use only Total Open Pit & Underground KOTH Resource as at May 2019 65% increase in resource since 4 December 2018 Cut-off Mining Contained Gold Classification Tonnes (000t) Gold (g/t) Now 66Mt at 1.5g/t for (g/t) Method (000oz) 3.1Moz Indic
Slide 15: KOTH – 3.1Moz Resource announced in June
KOTH – 3.1Moz Resource announced in June 19 For personal use only Open Pit The open pit resource of 48.5Mt at 1.3g/t Au for 2.0Moz will be the basis of the open pit Reserve There remains open pit potential under the south pit, along strike to south, and to the west Underground The underground
Slide 16: KOTH – 3.1Moz Resource with further upside
KOTH – 3.1Moz Resource with further upside For personal use only The damage zone is the region at the boundary of the granodiorite (pink) and ultramafics (green), and includes both rock types The 10780N section shown highlights the grade enrichment outside of and inside the granodiorite Also h
Slide 17: Mineralization open in all directions
Mineralization open in all directions For personal use only The endowment under the north pit is 5,000 oz/vm, and under the south pit 6,000 oz/vm If the south endowment keeps going, the combined endowment would potentially be 11,000 oz/vm Drilling north along the contact returned full length of hole
Slide 18: Future development – explore along contact
Future development – explore along contact For personal use only Exploration aimed at increasing the Resource in total tonnage and potentially grade Granodiorite/ultramafic contact zone extends almost 12km around the granodiorite, with the potential to host gold mineralisation outside the existi
Slide 19: Future regional targets for satellite deposits
Future regional targets for satellite deposits For personal use only Regional near-mine exploration underway to test potential open pit ore sources to supply early mill feed for a stand- alone KOTH processing facility A1 Drilling will focus on infill drilling areas of known gold mineralisation p
Slide 20: KOTH – a great place to build a new plant
KOTH – a great place to build a new plant For personal use only Stand-alone Processing Plant Study GR Engineering Services providing input for a potential stand-alone processing plant at KOTH Existing Assets and Infrastructure Tailings storage facilities, once completed with a capacity of +20Mt
Slide 21: Siana Gold Project, Philippines
Siana Gold Project, Philippines For personal use only Red 5’s Philippine affiliated company, Greenstone Resources has received government approval to construct and operate a new Tailings Storage Facility Previous delays in receiving this approvals resulted in the decision to suspend Siana mining
Slide 22: Red 5 summary – new mines, not old mines
Red 5 summary – new mines, not old mines For personal use only Commanding 365km2 footprint in the highly-endowed Leonora-Leinster gold district – Darlot, King of the Hills and Ockerburry Hill Darlot exploration is delivering broad mineralised intercepts at grades equal to or possibly better than
Slide 23: Annexure
For personal use only 23 Annexure
Slide 24: Australia's top gold deposits
Australia’s top 20 gold deposits Resources Reserves Resources Reserves For personal use only Mt g/t Moz Mt g/t Moz Mt g/t Moz Mt g/t Moz Cadia Newcrest Lake Cowal Evolution Measured Indicated 33.0 3090.0 0.30 0.37 0.3 Proven 36.5 Probable 1480.0 0.47 22.5 Measured Indicated 46.5 174.9 0.69 0.85 1.0
Slide 25: Thank-you
For personal use only Thank-you 25 ASX Code: RED