Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — APAC 121 Conference 2022
26 slides from Emerald Resources Nl's conference presentation, March 2022
Slide 1: APAC 121 Conference Presentation
Emerald Resources NL APAC 121 Conference Presentation March 2022 ASX:EMR
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statement This presentation 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: Why Invest in Emerald?
Why Invest in Emerald? - The Right Team - Delivering On Promises -Low Cost Diversified Gold Producer Since last year’s presentation- - Strong Growth Profile Okvau Project fully ramped up- +100,000 ounce per annum US$754 AISC:- On Time and On Budget - US$97.6m (budget US$98.0m); Throughput ra
Slide 4: Emerald at a Glance
Emerald at a Glance Capital Structure Shareholder Structure ASX Code EMR Share Price $1.06¹ Institutional Retail & High Net Worth Investors Investors 48% Market Cap (undiluted) A$570M2 30% 1 Share Price as at 21 March 2022. 2 Based om current shares on issue as at 21 March 2022. Board & Management S
Slide 5: Okvau | Operation fully ramped up – Gold production
Okvau | Operation fully ramped up – Gold production First Gold pour June 2021; August and September 2021 ramp up to full sulphide ore operation; ~61,000 ounces of gold produced from start up to February 2022; AISC US$740 per ounce December 2021 Quarter; Cost guidance of US$720-$780 per oun
Slide 6: Okvau | Construction – On Time and On Budget
Okvau | Construction – “On Time and On Budget” Okvau Gold Mine completed and commissioned “on time on budget”; Fifth time in as many mine builds that this construction team has achieved this milestone; Final capital and pre-production costs under budget with actual of US$97.6m compared to budg
Slide 7: Exploration-Significant Upside Cambodia
Exploration-Significant Upside Cambodia ASX: EMR | www.emeraldresources.com.au 7
Slide 8: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension 17m @ 5.7g/t from 399m (DD11OKV091); 10m @ 9.6g/t from 411m (DD12OKV108); 3m @ 14.2g/t from 432m (DD11OKV091); 6m @ 9.7g/t from 520m (DD16OKV372). Long-section RCDD20OKV424 6m @ 11.40g/t Au fr 258m ⁴ DD11OKV091 3m @ 14.2g/t Au fr 432m ³
Slide 9: Okvau Resource Growth
Okvau Resource Growth Refer to the Company’s ASX releases dated 1 May 2017 and Renaissance Minerals Limited ASX release dated 19 September 2012. 1 Reference is made to the Company’s ASX release dated 4 April 2019. 2 Reference is made to the Company’s ASX release dated 2 July 2019. 3 Reference is mad
Slide 10: Regional Exploration Potential
Regional Exploration Potential Dominant land position of 1,239km² covering a north-west trending zone of granitoid intrusions; Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium). Phnom Ktung Licence Ochhung Ochhung Lice
Slide 11: Memot Gold Project - Historical Workings
Memot Gold Project - Historical Workings Local illegal miners currently occupy part of the site Historical miners exploited high grade underground ASX: EMR | www.emeraldresources.com.au 11
Slide 12: Memot Gold Project - 100% EMR
Memot Gold Project - 100% EMR Refer to the Company’s ASX Announcement dated 31 January 2022. ASX: EMR | www.emeraldresources.com.au 12
Slide 13: Memot Gold Project – Ongoing Maiden Drilling Program
Memot Gold Project – Ongoing Maiden Drilling Program Refer to the Company’s ASX Announcement dated 31 January 2022. ASX: EMR | www.emeraldresources.com.au 13
Slide 14: Memot Gold Project – Ongoing Maiden Drilling Program
Memot Gold Project – Ongoing Maiden Drilling Program Drilling results on the Memot Gold Project include the following:- Historical Results Recent EMR results 0.3m @ 145.00g/t from 14.2m (ML3) 1m @ 37.20g/t from 33m (DD21MMT005) 3.54m @ 10.30g/t from 0m (ZK8-1) 1m @ 31.70g/t from 49m (DD21MMT
Slide 15: Environmental, Social and Governance
Environmental, Social and Governance ASX: EMR | www.emeraldresources.com.au 15
Slide 16: Environmental & Social Values
Environmental & Social Values Emerald is aiming to set the benchmark for an environmentally & socially responsible, sustainable and transparent mining industry in Cambodia. Development of a climate strategy, including carbon neutrality targets and pathways, and investigation of carbon offset program
Slide 17: Bullseye Mining Limited Takeover Offer
Bullseye Mining Limited Takeover Offer ASX: EMR | www.emeraldresources.com.au 17
Slide 18: Bullseye Takeover Offer Summary
Bullseye Takeover Offer Summary Emerald lodged a Bidders Statement dated 8 December 2021 and Supplementary Bidders Statement dated 18 February 2022 in relation to a recommended and unconditional off-market takeover bid for all of the issued shares of Bullseye Mining Limited (Bullseye), an Australian
Slide 19: Bullseye Projects and Location
Bullseye Projects and Location Bullseye hold three Western Australian gold projects totaling in excess of 1,200km2 of highly prospective gold tenure; Their most advanced project is the North Laverton Gold Project: located in Western Australia within one of the worlds richest and most establish
Slide 20: North Laverton – Boundary-Bungarra Prospect
North Laverton – Boundary-Bungarra Prospect The North Laverton Gold Projects most advanced prospect is the Boundary-Bungarra Prospect:- Four granted mining licences covering 36km2 over the Boundary-Bungarra Prospect; JORC compliant resource calculated in 2015 based on limited shallow (average to
Slide 21: North Laverton – Boundary-Bungarra Resources
North Laverton – Boundary-Bungarra Resources Existing JORC compliant resource calculated in 2015 using a lower cut of 0.6g/t:- Indicated and inferred JORC compliant resource of 3,414,000 tonnes at 2.51 g/t for 276,000 ounces of gold; Additional 2,234,762 tonnes at 2.38 g/t for 170,792 ounces of
Slide 22: North Laverton – Boundary-Bungarra Long Sections
North Laverton – Boundary-Bungarra Long Sections Long Section of the Boundary-Bungarra Prospect Long Section of the Boundary, Neptune and Stirling Prospects ASX: EMR | www.emeraldresources.com.au 22
Slide 23: North Laverton – Boundary-Bungarra Long Sections
North Laverton – Boundary-Bungarra Long Sections Long Section of the Boundary-Bungarra Prospect Long Section of the Hurleys and Bungarra Prospects ASX: EMR | www.emeraldresources.com.au 23
Slide 24: Bullseye – Other Matters
Bullseye – Other Matters Blue Cap Joint Venture Bullseye have established a Joint Venture with a mining production partner, Blue Cap Mining (“Blue Cap”): 70% Bullseye / 30% Blue Cap profit split; Processing of the ore via a toll processing agreement at the Wiluna Gold Processing Centre; Curren
Slide 25: Summary
Summary Okvau Project Development completed On Time and On Budget; Project fully ramped up to +110,000 ounce per annum rate; Mining and processing showing strongly positive ore reconciliation +15%; Resource open with excellent potential to expand and convert additional reserves; Emerald ho
Slide 26: Thank You
Thank You ASX: EMR | www.emeraldresources.com.au 26