Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Blue Ocean Equities NSW & QLD Mining Conference 2025
20 slides from Aurelia Metals's conference presentation, Feb 4, 2025
Slide 1: Aurelia Metals Limited - Blue Ocean Equities NSW & QLD Mining Conference
AURELIA METALS LIMITED BLUE OCEAN EQUITIES NSW & QLD MINING CONFERENCE 4 FEBRUARY 2025 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should By its very nature, production and exploration for gold and base metals is a high risk business and is not not be considered as an offer or invitation to subscribe for or purc
Slide 3: Operating, Developing, Exploring
OPERATING, DEVELOPING, EXPLORING Mining Critical Commodities in a Tier 1 location PEAK PLANT PEAK NORTH MINE PEAK SOUTH MINE HERA PLANT FEDERATION MINE 1,350km2 OF PROSPECTIVE EXPLORATION TENEMENTS BLUE OCEAN EQUITIES NSW AND QLD MINING CONFERENCE | 4 FEBRUARY 2025 | PAGE 3
Slide 4: Aurelia Snapshot
AURELIA SNAPSHOT In an enviable position to advance our growth projects Market Capitalisation $313M FY25 Balance Sheet 1 at 3 February 2025 Guidance 31 December 2024 $0.25 Production $0.20 Gold - 40 - 50kozs $96.7M $0.15 Copper - 2.5 - 3.5kt cash on hand $0.10 Zinc - 14 - 20kt +87% since 1 Jul 2023
Slide 5: Operating with Discipline
OPERATING WITH DISCIPLINE Productivity and operating excellence sustainably generating excellent results Step change in development commenced Peak mining cost reductions realised $134/t $129/t $127/t $123/t $120/t 5.68 915 $112/t 2 743 777 723 730 724 Group TRIFR Sep 23 Dec 23 Mar 24 Jun 24 Sep 24 D
Slide 6: A Clear Strategy That Will Create Value
A CLEAR STRATEGY THAT WILL CREATE VALUE Long-life high-grade base metals operation generating significant cash flow Grow margin Simplified base with productivity metal operations: Great improvement Cobar Peak project • 1.1 - 1.2Mtpa 3 plant processing capacity expansion • ~50% Cu/Au ores • ~50% Zn/P
Slide 7: Peak Transitioning to North Mine
PEAK TRANSITIONING TO NORTH MINE 18.5Mt Mineral Resource1 providing significant growth options in copper PEAK SOUTH MINE PEAK NORTH MINE PREDOMINANTLY GOLD RICH ORE PREDOMINANTLY COPPER - GOLD ORE Peak South Mine - Mineral Resources2 Peak North Mine - Mineral Resources2 Cu Ore 1.9Mt @ 1.1% Cu, 2.1 g
Slide 8: Peak Expansion and Great Cobar
PEAK EXPANSION AND GREAT COBAR Great Cobar Project • Copper Mineral Resource: 8.6Mt @ 2.1% Cu, 0.6g/t Au 1 • 0.5Mtpa+ of mined ore accessed from existing underground infrastructure in the North mine • Significant upside potential in Mineral Resource • Final Investment Decision due H2 FY25 Peak Plant
Slide 9: Federation
FEDERATION New high-grade base metal mine being developed within approved budget First Power Ore haulage Surface works Ventilation fan concentrate upgrade modification complete commissioned produced complete submitted Focus now on ramping up mining rates Mine development ahead of Budget YTD Second j
Slide 10: Our Production Mix as a Copper Equivalent
OUR PRODUCTION MIX AS A COPPER EQUIVALENT Increased plant throughput will deliver a step change in production Mix of production value at spot prices Plant throughput to increase with Peak 1 assuming mid point of FY25 guidance expansion incorporating Great Cobar Ore2 Silver (not guided) Zinc 14-20kt
Slide 11: Balance Sheet Supporting Growth Options
BALANCE SHEET SUPPORTING GROWTH OPTIONS Operational performance has again funded growth capital in H1 FY25 1 Group cash A$M 45.1 ~135 Summary of hedges to June 2026 116.5 (41.4) Volume Avg Price (A$) (10.7) 96.7 Gold (ounces) 22,195 $3,915/oz (12.8) Zinc (tonnes) 9,255 $4,313/t Lead (tonnes) 8,591 $
Slide 12: Further Value Opportunities
FURTHER VALUE OPPORTUNITIES Multiple options to grow beyond 1.1-1.2Mtpa processing capacity and increase cash flow Hera Plant • Strategic asset in southern Cobar basin • Current capacity ~450ktpa • ~5km from Nymagee deposit • Available to treat Aurelia or third-party ores Near mine and regional expl
Slide 13: Why Invest in Us?
WHY INVEST IN US? A growing ASX listed base metals producer 26Mt Mineral Resource1 supporting long mine lives Peak generating significant cash with further upside opportunities Federation mine now producing concentrate and ramping up Great Cobar and Peak expansion studies nearing completion
Slide 14: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com Photo: Peak headframe and stacker
Slide 15: Appendix 1 | FY25 Guidance Detail
APPENDIX 1 | FY25 GUIDANCE DETAIL Measure Units FY25 Group gold production koz 40 – 50 Peak gold production * koz 37.5 – 45.0 Dargues gold production koz 2.5 – 5.0 Copper produced * kt 2.5 – 3.5 Zinc produced * kt 14 – 20 Lead produced * kt 13 – 19 Group Operating Costs $M 185 – 220 Peak $M 160 – 18
Slide 16: Appendix | Mineral Resources
APPENDIX 2 | MINERAL RESOURCES Group Mineral Resource Estimate as at 30 June 2024 Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Measured 2,400 1.2 2.2 0.8 0.6 9 Indicated 14,000 1.4 1.0 2.6 1.6 8 Inferred 9,700 1.7 0.4 1.7 0.9 13 Total 26,000 1.5 0.9 2.1 1.3 10 Note: Refer to ASX annou
Slide 17: Appendix | Group Mineral Resources Estimate
APPENDIX 3 | GROUP MINERAL RESOURCES ESTIMATE Group Mineral Resource Estimate as at 30 June 2024 Project Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak Mine copper Measured 1,700 1.4 1.9 0.1 0.1 6 Indicated 7,900 1.8 1.0 0.0 0.0 5 Inferred 6,300 2.0 0.5 0.1 0.0 7 Total 16,000 1.8 0
Slide 18: Appendix 3A | Peak Mine Copper Mineral Resources Estimate
APPENDIX 3A | PEAK MINE COPPER MINERAL RESOURCES ESTIMATE Peak Mine Copper Mineral Resources Estimate (MRE) as at 30 June 2024 Tonnes Cu Au Zn Pb Ag Class (kt) (%) (g/t) (%) (%) (g/t) Measured 1,700 1.4 1.9 0.1 0.1 6 Indicated 7,900 1.8 1.0 0.0 0.0 5 Inferred 6,300 2.0 0.5 0.1 0.0 7 Total 16,000 1.8
Slide 19: Appendix 3B | Peak Mine Zinc-Lead Mineral Resources Estimate
APPENDIX 3B | PEAK MINE ZINC-LEAD MINERAL RESOURCES ESTIMATE Peak Mine Zinc-Lead Mineral Resources Estimate as at 30 June 2024 Class Tonnes Zn Pb Cu Au Ag (kt) (%) (%) (%) (g/t) (g/t) Measured 700 2.6 2.0 0.5 3.0 16 Indicated 1,000 3.8 3.2 0.8 1.7 20 Inferred 830 5.1 2.6 1.0 0.4 25 Total 2,500 3.9 2
Slide 20: Appendix 3C | Great Cobar Mineral Resources Estimates
APPENDIX 3C | GREAT COBAR MINERAL RESOURCES ESTIMATES Great Cobar Copper MRE reported by classification as at 30 June 2024 Tonnes Cu Au Zn Pb Ag Class (kt) (%) (g/t) (%) (%) (g/t) Indicated 4,700 2.1 0.7 0.0 0.0 4 Inferred 3,900 2.1 0.5 0.1 0.0 6 Great Cobar Copper Total 8,600 2.1 0.6 0.0 0.0 5 Note
Aurelia Metals — Blue Ocean Equities NSW & QLD Mining Conference 2025 on 6ix