Ramelius Resources Limited · ASX:RMS
Ramelius Resources — RIU Explorers Conference February 2023
25 slides from Ramelius Resources's conference presentation, Feb 16, 2023
Slide 1: Exploration Update
Ramelius Resources Limited For personal use only Peter Ruzicka Executive General Manager - Exploration ASX:RMS Exploration Update 1 FEBRUARY 2023 RIU EXPLORERS CONFERENCE • FEBRUARY 2023
Slide 2: Forward Looking Statements and Competent Persons Statement
QUALIFICATION Forward Looking Statements For personal use only This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd’s (Ramelius) financial condition, results of operations, production targets and other matters that are subject to various risks and unce
Slide 3: Ramelius Overview
RAMELIUS OVERVIEW For personal use only Mineral Resources* – 130Mt at 1.5g/t Au (6.2Moz) Mineral Reserves* – 18Mt at 1.8g/t Au (1.1Moz) Annual Production# – 240 - 290,000oz Exploration Focus: ➢ Sustaining our existing operating hubs ➢ Developing and growing the Rebecca Project – a new hub Ramelius G
Slide 4: Overview: Mt Magnet
OVERVIEW For personal use only MT MAGNET RIU EXPLORERS CONFERENCE • FEBRUARY 2023 4
Slide 5: Mt Magnet Gold Camp
MT MAGNET GOLD CAMP For personal use only Mineral Resources* – 60Mt at 1.6g/t Au (3.2Moz) Mineral Reserves* – 14Mt at 1.4g/t Au (600koz) Production – 6.82Moz over 88 years to December 2022 Longevity, sustainability, prospectivity, exploration upside Near surface environment largely tested – next gen
Slide 6: Mt Magnet - Towards Deeper Targeting
MT MAGNET - TOWARDS DEEPER TARGETING For personal use only Understanding the deeper framework: ➢ 2020 – Surface Geology Interpretation ➢ 2021 – 2D Seismic Traverses ➢ 2022 – 3D Geologic Modelling & Synthesis RIU EXPLORERS CONFERENCE • FEBRUARY 2023 6
Slide 7: Mt Magnet - Galaxy / Hill
MT MAGNET - GALAXY / HILL 50 For personal use only ➢ Hill 50 Deeps Mineral Resource* – 1.9Mt at 6.0g/t Au (360koz) with previous production of >2Moz to 1.5km depth ➢ Galaxy UG Mineral Resource* – 7.7Mt at 2.1g/t Au (510koz) ➢ Discrete BIF hosted high grade shoots remain open at depth *See RMS ASX Re
Slide 8: Mt Magnet - Hesperus
MT MAGNET - HESPERUS For personal use only ➢ Mineralisation at Galaxy/Hill 50 controlled by interaction of NE trending Boogardie Breaks structures with BIF stratigraphy ➢ Same structures now identified at Hesperus by detailed structural logging of granodiorite ➢ Underlying BIF now a target for HG mi
Slide 9: Mt Magnet - Granodiorite Hosted Deposits
MT MAGNET - GRANODIORITE HOSTED DEPOSITS For personal use only ➢ Eridanus – a 1Moz discovery, now in production ➢ Bartus East – a recent discovery, Mineral Resource* of 4.2Mt at 1.7g/t Au (230koz), including high grade zone still open at depth ➢ Now targeting other blind intrusives within the Boogar
Slide 10: Mt Magnet - Bartus Trend and Deeper Targets
MT MAGNET - BARTUS TREND AND DEEPER TARGETS For personal use only Recent 3D ANT Passive Seismic Survey ➢ Reflectance contrast highlights blind mineralised intrusions ➢ Potential Bartus or Eridanus analogues at depth RIU EXPLORERS CONFERENCE • FEBRUARY 2023 10
Slide 11: Mt Magnet - Sovereign
MT MAGNET - SOVEREIGN For personal use only ➢ Prospective eastern BIF fold closure domain – highly endowed area ➢ Magnetic high targets representing deeper, structurally isolated, BIF targets ➢ The right target in the right setting! RIU EXPLORERS CONFERENCE • FEBRUARY 2023 11
Slide 12: Mt Magnet - Mirkwood Shear
MT MAGNET - MIRKWOOD SHEAR For personal use only ➢ High grade shear hosted laminated vein target style – similar to Shannon deposit ➢ Gold anomalism identified by previous drilling along interpreted structure RIU EXPLORERS CONFERENCE • FEBRUARY 2023 12
Slide 13: Penny - One of Australia's Highest Grade Gold Mines
PENNY - ONE OF AUSTRALIA’S HIGHEST GRADE GOLD MINES ➢ Mineral Resource* For personal use only - 530,000t at 17.2g/t Au (290koz) ➢ Ore Reserve* - 490,000t at 15g/t Au (230koz) ➢ Prospective local structure (Penny Shear Zone) with other prospects / geochemical anomalies along strike ➢ Discrete lode ta
Slide 14: Overview: Rebecca
OVERVIEW For personal use only REBECCA RIU EXPLORERS CONFERENCE • FEBRUARY 2023 14
Slide 15: Rebecca - A New Hub in the Making
REBECCA - A NEW HUB IN THE MAKING For personal use only Mineral Resource* – 31Mt at 1.2g/t Au (1.2Moz) Pre-Feasibility Study – June 2023 Prospective regional structure Exploration & growth opportunities *See RMS ASX Release, “June 2022 Quarterly Activities Report”, 28 July 2022 RIU EXPLORERS CONFERE
Slide 16: Rebecca - Mine Geology
REBECCA - MINE GEOLOGY For personal use only ➢ 3 x Resource areas (Rebecca, Duchess & Duke), fourth advanced prospect at Cleo ➢ Typically granodiorite hosted, with multiple stacked lodes ➢ Higher gold grades associated with dip steepening, local parasitic fold closures and discrete footwall lode are
Slide 17: Rebecca - Exploration Targets
REBECCA - EXPLORATION TARGETS For personal use only ➢ Multiple targets utilising existing deposit models – sheared, deformed granodiorite-ultramafic contacts, regional or local parasitic fold closures ➢ T04 & T07 targets along east and western fold limbs from Duchess RIU EXPLORERS CONFERENCE • FEBRU
Slide 18: Rebecca Regional - Yindi
REBECCA REGIONAL - YINDI For personal use only ➢ Yindi tenement package 20km west of Rebecca along the regional Keith- Kilkenny structural corridor ➢ Gold targets situated along two shear trends showing magnetite alteration associated with syenite intrusions ➢ Rare Earths target associated with alka
Slide 19: Other Regional Targets
OVERVIEW For personal use only OTHER REGIONAL TARGETS RIU EXPLORERS CONFERENCE • FEBRUARY 2023 19
Slide 20: Edna May Regional - Mt Finnerty JV
EDNA MAY REGIONAL - MT FINNERTY JV (RMS 75%, WSR 25%) ➢ Tenement located 200km NE of Edna May For personal use only ➢ Strike extensive zone of anomalism along a granite-greenstone contact, with cross-cutting mafic intrusives ➢ High Grade Target - potential analogies with extensional high grade veins
Slide 21: Thank You
THANK YOU For personal use only Ramelius Resources Limited ASX Code: RMS Level 1, 130 Royal Street East Perth WA 6004 Authorised for release to the ASX by the Managing Director. For further information contact: Investor enquiries: Media enquiries: Mark Zeptner Tim Manners Luke Forrestal Managing Dir
Slide 22: Appendix
OVERVIEW For personal use only THANK YOU RIU EXPLORERS CONFERENCE • FEBRUARY 2023 22
Slide 23: Appendix - Corporate Summary
APPENDIX 1 - CORPORATE SUMMARY Corporate Structure Gold Guidance For personal use only Market Cap1 A$777M @ A$0.89 per share FY22 Production3 258,625oz @ AISC A$1,523/oz Cash & Gold2 A$154M FY23 Guidance4 240,000 – 280,000oz @ AISC of A$1,750 – 1,950/oz Debt2 Nil (Undrawn A$100M facility) Mineral Re
Slide 24: Appendix - 2022 Mineral Resource Statement
APPENDIX 2 - 2022 MINERAL RESOURCE STATEMENT For detailed information relating to Mineral For personal use only Resources see ASX Releases (RMS) “Resources and Reserves Statement 2022”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affect
Slide 25: Appendix - 2022 Ore Reserve Statement
APPENDIX 3 - 2022 ORE RESERVE STATEMENT For detailed information relating to Ore Reserves For personal use only see ASX Releases (RMS) “Resources and Reserves Statement 2022”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affects the info
Ramelius Resources — RIU Explorers Conference February 2023 on 6ix