Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Shareholder Meeting (November 2017)
13 slides from Emerald Resources Nl's shareholder meeting presentation, Nov 23, 2017
Slide 1: Okvau Gold Project, Cambodia
Okvau Gold Project, Cambodia ASX:EMR Okvau DFS Delivers Ore Reserve of 907,000oz @ 2.0g/t Emerald to Become +100,000ozpa Gold Producer Annual General Meeting | 23 November 2017
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statement This announcement contains certain forward looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections about the industry in which Emerald Resourc
Slide 3: 2017 A Year In Review | Milestones Achieved
2017 A Year In Review | Milestones Achieved 14th November 2016 o Completed Merger with Renaissance Minerals 1st May 2017 o Okvau Definitive Feasibility announced and; o JORC Ore Reserve of 14.3Mt @ 2.0g/t Au for 907,000oz 13th July 2017 o Emerald announced significant expansion of its ground h
Slide 4: Project Summary | Robust and Compelling Economics
Okvau Project Summary | Robust and Compelling Economics Economically robust project Project DFS Economics (100% Ownership) JORC Ore Reserve of 14.3Mt @ 2.0g/t Au for 907,000oz Development Capital Costs1 US$91M Mining Contractor Capital & Pre-Production Mining US$7M 2.0Mtpa plant to produce 106,0
Slide 5: Capital Structure
Capital Structure ASX Code EMR Board & Management Simon Lee AO, Non-Executive Chairman Share Price 4.7 cents1 Previously Chairman: Equigold NL, Samantha Gold NL, and Great Victoria Gold NL Shares on Issue 2,111M Previously Board Member of the Australian Trade Commission and Patron of the Western
Slide 6: Cambodia Overview & Project Location
Cambodia Overview & Project Location First mover advantage in frontier terrain Attractive fiscal regime: o 100% ownership o No Government equity participation o 30% corporate tax rate for mining o 3.0% Government royalty (gold) o Import duty exemptions 1,500km of underexplored terrain prospective
Slide 7: Okvau JORC Reserve 2.0g/t Au for 907,000 ounces gold
Okvau JORC Reserve 2.0g/t Au for 907,000 ounces gold April 2017 JORC Resource (0.7g/t gold cut-off) Tonnage Grade Au Gold Resource Classification (Mt) (g/t) (Koz) Indicated 15.11 2.08 1,008 650 metres of strike by 650 metres width of the Inferred 2.57 1.61 133 mineralised vein system Total 17.68Mt
Slide 8: Low All-in Sustaining Costs | High Margin
Low All-in Sustaining Costs | High Margin Operating Cost Summary Life of Mine On-Site Mining US$333/oz On-Site Processing US$265/oz On-Site G&A US$48/oz Transport and Refining US$5/oz C1 costs US$650/oz Royalties1 US$50/oz Sustaining Capital & Closure Costs US$31/oz AISC US$731/oz 1 Includes Governm
Slide 9: Cross Section
Okvau Cross Section ‘OPEN’ at depth Grade and volume upside along diorite/sediment contacts Contact intercepts include: 6m @ 6.6g/t gold and 19m @ 9.1g/t gold ASX: EMR | www.emeraldresources.com.au 9
Slide 10: Resource Growth
Okvau Resource Growth Depth extensions Some of the highest grade intersections sit beneath open pit floor including: o 17m @ 5.7g/t from 399m o 9m @ 10.7g/t from 411m o 3m @ 14.2g/t from 432m o 6m @ 9.7g/t from 520m (incl. 4m @ 14.2g/t from 522m) NW SE N S Latest drilling results released in the C
Slide 11: Regional Potential | New Joint Ventures
Regional Potential | New Joint Ventures Dominant land position of 1,500km2 covering a north-west trending zone of granitoid intrusions Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium) 50km 25km 20m @ 2.1 g/t fr 38m 9m
Slide 12: Development Timetable
Development Timetable Permitting o Environmental approval | November 2017 o Mining approval | December 2017 o Mineral Investment Agreement (Stability Agreement) | January 2018 Financing o Debt and equity funding o Debt financier mandated and due diligence underway o Fully funded by end of 2017
Slide 13: 2018 A Year In Preview | Milestones to be Achieved
2018 A Year In Preview| Milestones to be Achieved 1. Award of Industrial Mining Licence o Advanced 2. Completion of Mineral Investment Agreement with The Government of Cambodia o Ongoing 3. Completion of Debt and Equity Financing of the Okvau Project o Advanced 4. Commencement of Project Development
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