Terramin Australia Limited · ASX:TZN
Terramin Australia — Investor Presentation (October 2018)
27 slides from Terramin Australia's investor presentation, Oct 23, 2018
Slide 1: Terramin Investor Update - 121 Mining Hong Kong
For personal use only TERRAMIN INVESTOR UPDATE 121 MINING HONG KONG Investor Presentation Richard Taylor | CEO Q4 2018
Slide 2: Forward Looking & Competent Person Statements
Forward Looking & Competent Person Statements Disclaimer For personal use only The material contained in this presentation has been prepared by Terramin Australia Limited (Terramin). It is current as at the date of this presentation. It contains information in a summary form and should be read in co
Slide 3: Corporate Snapshot
Corporate Update Corporate Snapshot - 30 Sep 2018 Board and Management For personal use only Share on issue 1,869,601,371 Feng Sheng Executive Chairman Market Cap $187M @ $0.10/share Michael Kennedy Non-Executive Vice-Chairman Liquidity 12 Month - 21m shares (1.1%) Angelo Siciliano Non-Executive Dir
Slide 4: Tala Hamza Highlights
Tala Hamza Highlights High grade For personal use only • Tala Hamza is a high grade zinc and lead operation & large Concentrate production will be significant in global terms scale • • Tala Hamza has a projected mine life of 21 years Long life • Deposit is open to the south and east with near mine e
Slide 5: Tala Hamza Overview
Tala Hamza Overview Tala Hamza is one of the largest undeveloped zinc & lead mines in the world and an important part For personal use only of future supply geared towards meeting projected increases in global zinc demand next decade Overview • World class resource containing 3.5 million tonnes of z
Slide 6: Infrastructure
Infrastructure The Tala Hamza Deposit is located close to the Mediterranean coast, within close proximity to major For personal use only roads, rail, air, energy & port facilities. The mine site is close to the township of Bejaia and will be served by a drive in drive out workforce underpinned by Te
Slide 7: Why Zinc? Why Now?
Why Zinc? Why Now? Globally zinc and other base metals are entering a period of supply side restrictions as old mines For personal use only close, head grades fall and new mines face permitting and approval delays leading to high prices LME Zinc Prices Sources of Future Mine Production Nominal Real
Slide 8: Growth in Galvanising
Growth in Galvanising Galvanising and construction are the dominant first- and end-uses of zinc. Urbanisation and For personal use only industrialisation will remain the most significant force behind global zinc consumption. The developing world will drive consumption and, as a result, galvanising w
Slide 9: Supportive Economics with competitive cost position
Supportive Economics with competitive cost position Low pre-production capital and highly competitive operating costs, with optimisation potential from already identified expansion cases For personal use only Key financials and outputs - DFS 2018 2nd Quartile cost curve position(4) Key financial met
Slide 10: Tala Hamza – DFS Capital Costs
Tala Hamza – DFS Capital Costs Capital Costs For personal use only Project CAPEX (Nominal) DFS 1 US$M DFS 1 AU$M 2018 2018 • Mining and processing infrastructure have been centralised in a single valley Direct Capital Mining 96.9 127.5 • Mining decline optimised to reduce Processing Plant & Surface
Slide 11: Large scale and long life: exposure across commodity cycles
Large scale and long life: exposure across commodity cycles Concentrate production will be significant in global terms, with projected mine life of 21 years, outlasting peer projects and supports views on long term zinc supply situation. For personal use only Contained zinc metal vs grade(1) Mine li
Slide 12: Terramin Strategy – Zinc Peers
Terramin Strategy – Zinc Peers Tala Hamza is competitive with peer projects at the pre-production stage and the project For personal use only presents attractive exposure to zinc and lead production over the next two decades Contained Metal Tonnes v Market Cap 4.5 700 Simon to update with 4.0 3.5 Zi
Slide 13: Expansion Case 1: Increase Mining Rate
Expansion Case 1: Increase Mining Rate The Tala Hamza Deposit remains open in For personal use only multiple areas. Land access achieved through 704150E the grant of the Mining Lease opens up the opportunity for a second access, maintain mine life and support expansion Drill Pb+Zn% of the processing
Slide 14: Expansion Case 2: Near Mine Deposits
Expansion Case 2: Near Mine Deposits The Tala Hamza District is heavily mineralised. There are a number of nearby under explored zinc targets that For personal use only provide the potential for conveying or haulage to a centralised processing hub at the Tala Hamza Deposit. 14
Slide 15: Mining & Waste Management
Mining & Waste Management Algerian environmental and social concerns ruled out block caving and sub-level caving. The revised For personal use only DFS looked at alternate methodologies to cater for poor rock quality and water management Mining Method • Tala Hamza deposit is deep (greater than 500 m
Slide 16: Process Plant Layout & Design
Process Plant Layout & Design The DFS 2018 maintains the same standard process plant design concept as DFS2010 with the For personal use only exception of the introduction of dry stack tailings storage and use of cement paste backfill 16
Slide 17: Tala Hamza – Forward Looking Plan
Tala Hamza – Forward Looking Plan New management team has been appointed with a clear pipeline of activities to deliver For personal use only on Terramin’s base and precious metals strategies. Current status: 01 Formal submission of the DFS to the Government of Algeria 02 Wilaya (local administratio
Slide 18: Tala Hamza – Indicative Time Frames
Tala Hamza – Indicative Time Frames Timeframes are for indicative purposes only. The project has been delayed while working with the For personal use only Algerian authorities to address environmental and social aspects. Timeframes may extend. 2018 2019 2020 2021 01 Approvals & Permitting 02 Early W
Slide 19: Terramin Demerger of Gold Assets
Terramin Demerger of Gold Assets Terramin has announced a strategic review looking at the demerger of its precious and base metals For personal use only business. A decision is expected by Q1 2019: 19
Slide 20: Terramin South Australia gold assets standalone
Terramin South Australia gold assets standalone Terramin sees the opportunity to expand its resource base in South Australia driven to capitalise on For personal use only EV/Resources multiple (A$/oz) and significant value generation potential with minimal capex 311 Exploration / development peers P
Slide 21: Bird-in-Hand – Exploration Upside
Bird-in-Hand – Exploration Upside Bird in Hand Gold Project has significant exploration upside – deposit open at depth and historic For personal use only mines highlight the potential along strike. Current Bird in Hand Resource stands at 252,000 ounces. Planned Infill drilling Planned Extension dril
Slide 22: Bird-in-Hand – High Grade Potential
For personal use onlyGrade (g/t) 1 0 5 10 15 20 25 Fosterville 1. Bird-in-Hand Gwalia Peak Nicolsons Penny's Find Waihi Cracow Agnew Lawlers Hera Mt Carlton Jundee Tanami Granny Smith Kalgoorlie Ops Deflector Mt Magnet Ops Beta Hunt Darlot St Ives Murchison Carosue Dam Mungari Plutonic Tomingly Bird
Slide 23: Terramin Exploration Pipeline – Pathway 1m Oz
Terramin Exploration Pipeline – Pathway 1m Oz Terramin has a pipeline of high grade potential gold targets that will form the basis of its For personal use only aspirational target of 1m Oz in resource from existing tenements and potential acquisitions. Bird in 252k Oz Resource Hand BIH The Deeps Ri
Slide 24: Reasons to Invest in Terramin
Reasons to Invest in Terramin Terramin is in the right place at the right time and with the right projects and people For personal use only to capitalise on a strong price environment for its key commodities Right Commodity Right Assets Right People • Zinc & lead historic • Algeria an emerging • Sig
Slide 25: Contact Details
Contact Details For further information please contact: For personal use only Richard Taylor Main Office Chief Executive Officer Unit 7, 202-208 Glen Osmond Road, Fullarton, Adelaide Simon Iacopetta South Australia, 5063 Chief Financial Officer T +61 (0) 8 8213 1415 F +61 (0) 8 8213 1416 info@terram
Slide 26: Annex: Tala Hamza Resources & Reserves
Annex: Tala Hamza Resources & Reserves Tala Hamza Resource For personal use only Measured + Indicated Resource Inferred Resource Total Resource 2009 Resource Terramin Tala Hamza Interest (%) Tonnes Zn Pb Tonnes Zn Pb Tonnes Zn Pb (Mt) (%) (%) (Mt) (%) (%) (Mt) (%) (%) Tala Hamza - 51.1 4.87 1.27 17.
Slide 27: Annex: Tala Hamza Resources & Reserves
Annex: Tala Hamza Resources & Reserves Tala Hamza Resource For personal use only Probable Reserve Total Reserve 2010 Reserve Terramin Tala Hamza Interest (%) Tonnes Zn Pb Tonnes Zn Pb (Mt) (%) (%) (Mt) (%) (%) Tala Hamza - 38.10 4.78 1.36 38.10 4.78 1.36 Total - 38.10 4.78 1.36 38.10 4.78 1.36 Terra
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