Slide 1: Quarterly Results June 2013
For personal use only Quarterly Results June 2013
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Evolution Mining Limited (“Evolution Mining”) and consists of slides for a presentation concerning the company. By reviewing/attending this presentation, you acknowledge and agree the following. This presentation includes fo
Slide 3: June Quarter Highlights
June Quarter Highlights For personal use only Production Record quarterly production of 112,559ozeq at a cash cost of A$762/oz Mt Rawdon all-time record quarterly production of 35,165oz Full year production of 392,920ozeq – well within original guidance of 370 - 410koz Full year attributable
Slide 4: June Quarter Production
June Quarter Production For personal use only Jun Mar Dec Sep Consolidated Production Units Quarter Quarter Quarter Quarter FY13 Summary 2013 2013 2012 2012 Gold produced1 oz eq. 112,559 84,251 101,663 94,446 392,920 By-product silver produced oz 81,211 62,024 84,747 79,743 307,726 C1 Cash Cost2 A$/
Slide 5: FY2014 Guidance
For personal use only FY2014 Guidance
Slide 6: FY2014 Guidance
FY2014 Guidance For personal use only Gold Equiv. Cash Operating Capital Expenditure Guidance FY2014 Production (oz) Costs (A$/oz) (A$M) Cracow 82,500 – 90,000 840 – 890 30 – 35 Pajingo 72,500 – 80,000 800 – 850 30 – 35 Mt Rawdon 95,000 – 110,000 725 – 775 60 – 65 Edna May 85,000 – 95,000 800 – 850
Slide 7: Operations
For personal use only Operations
Slide 8: Cracow
Cracow For personal use only Consistent gold production of 23,663oz at cash operating cost of A$928/oz FY13 production of 102,560oz at average cash cost of A$867/oz – above top end of production guidance of 90,000 – 100,000oz FY14 guidance: production 82,500 – 90,000oz, cash cost A$840 – A$890
Slide 9: Pajingo
Pajingo For personal use only 23,367oz of gold at a cash operating cost of A$830/oz 187,565t ore treated; 7% increase on March quarter FY13 production of 85,918oz at average cash cost of A$807/oz FY14 guidance: production 72,500 – 80,000oz, cash cost A$800 – A$850/oz and capital expenditure
Slide 10: Edna May
Edna May For personal use only 18,671oz of gold produced at cash operating cost of A$1,017/oz FY13 production of 86,216oz at average cash cost of A$900/oz; well above production guidance of 75,000 – 80,000oz and an 18% increase on FY12 production of 73,264oz FY14 guidance: production 85,000 –
Slide 11: Mt Rawdon
Mt Rawdon Record quarter gold production 35,165oz at a cash cost of A$468/oz For personal use only Higher production due to positive grade reconciliations and access to higher grade ore sources FY13 production of 106,089oz at average cash cost of A$613/oz; in line with production and at the lo
Slide 12: Mt Carlton
Mt Carlton For personal use only June quarter production of 936,338oz of silver contained in 7,382t concentrate Silver concentrate shipments commenced successfully in May. Gold concentrate shipments to commence in August Commercial production declared as of 1 July 2013 FY14 guidance : produc
Slide 13: Exploration
For personal use only Exploration
Slide 14: Exploration Highlights
Exploration Highlights For personal use only Initiation of 4D studies at Cracow, Pajingo and Mt Carlton Re-processing improvements to magnetic and IP datasets Pajingo and Cracow : Vertical seismic profiling and sonic logs successful 30.5 km of 2D seismic lines planned and initiated at Paji
Slide 15: Pajingo - Lynne Vein
Pajingo For personal use only Lynne Vein 18 diamond holes New sub-vertical vein Significant intersections: 4.5m @ 11.07g/t Au 2.3m @ 16.5g/t Au Regional implications: 3 parallel vein systems > 1200m vertical extent Vertical and stratabound epithermal mineralisation Lynne Vein Cross
Slide 16: Pajingo Moonlight Long Section
Pajingo For personal use only Moonlight Long Section Lynne longitudinal section looking north (mine grid) showing drill hole pierce points and significant assays (down-hole widths). 16
Slide 17: Financials
For personal use only Financials
Slide 18: Financials
Financials For personal use only Revenue from operations of A$148.9M from gold sales of 98,403oz at an average price of A$1,494/oz and 81,211oz of by-product silver at A$22.80/oz Additional $7M generated from Mt Carlton 1,446 A39 silver concentrate sales Gold hedge book at 30 June 2013 totalle
Slide 19: Summary
Summary For personal use only Record quarterly performance Annual production and cash costs in line with original guidance Focused on efficient production Exciting exploration potential FY14 production guidance 400 – 450koz Au eq at C1 cash cost of A$770 – A$820/oz Australia’s leading mid-
Slide 20: Evolution Mining
For personal use only Evolution Mining ASX Code: EVN www.evolutionmining.com.au
Slide 21: Appendix - Production Summary June 2013 Quarter
Appendix - Production Summary Edna Mt Mt Total / June 2013 Quarter Units Cracow Pajingo May Rawdon Carlton1 Average UG lateral development - capital m 1,025 1,087 0 0 0 2,112 UG development - operating m 983 355 0 0 0 1,338 For personal use only Total UG lateral development m 2,008 1,442 0 0 0 3,450
Slide 22: Competent Person Statement
Competent Person Statement The information in this presentation that relates to exploration results, Mineral Resources or Ore Reserves listed in For personal use only the table below is based on work compiled by the person whose name appears in the same row, who is employed on a full-time basis by t