Pt Merdeka Copper Gold Tbk · IDX:MDKA
Pt Merdeka Copper Gold Tbk — Q4 2021 Earnings Presentation
17 slides from Pt Merdeka Copper Gold Tbk's earnings presentation, February 2022
Slide 1: PT Merdeka Copper Gold Tbk Q4 2021 Update
PT Merdeka Copper Gold Tbk Q4 2021 Update February 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by PT Merdeka Copper Gold Tbk (“Merdeka” or “MDKA”) and consists of written materials/slides for a presentation concerning Merdeka. By reviewing/attending this presentation, you agree to be bound by the following considerations: No representation or war
Slide 3: MDKA: Introduction
MDKA: Introduction MDKA today consists of five main assets, which are in order of importance, as follows: •1 Tujuh Bukit Copper/Gold Project (“TB Copper Project”) • 1.9bt containing 8.8mt copper and 28 million oz gold inferred resource1 •2 Wetar / Morowali Acid Iron Metal (“AIM Project”) • US$387m c
Slide 4: ESG & Sustainability
ESG & Sustainability ESG & Sustainability Commitment MDKA has established an ESG & Sustainability Committee to oversee ESG programs and implementation progress. This committee assembles on a quarterly basis, is chaired by the CEO. All Executive team members participate and lead the drive for impro
Slide 5: Strong and Sound Financial Position
Strong and Sound Financial Position Revenue (US$m) EBITDA (US$m) 3 Net Debt (US$m)1 Hedging 402 228 229 381 322 185 2022 51,477 ounces 294 158 166 Gold Jan – at 150 154 151 Dec US$1,879/oz 2022 3,500 tonnes Copper Jan – at Jul US$9,950/t 2018 2019 2020 2021 2018 2019 2020 9M-21 2018 2019 2020 2021 D
Slide 6: Tujuh Bukit Gold Mine
Tujuh Bukit Gold Mine Production Information Operational & Financial Performance Mining Method 2019 2020 2021 Conventional open pit Unit Actual Actual Actual Metals Gold and silver Open Pit Mining Ore Mined M Tonnes 7.4 6.7 6.5 Mineralisation Type High sulphidation epithermal Waste Mined M Tonnes 8.
Slide 7: TB Copper Project Leading Underground Copper/Gold Deposit
TB Copper Project Leading Underground Copper/Gold Deposit Perspective View: Upper High Grade Zone (“UHGZ”) 1 Underground Decline 1,890-meter long exploration decline Successfully completed in June 2020 2 2012 Inferred Resource (1) 1 1,900 Mt @ 0.45% Cu & 0.45 g/t Au Underground Decline ~ Contains ap
Slide 8: TB Copper Project: UHGZ-21-057
TB Copper Project Leading Underground Copper/Gold Deposit Perspective View 1: August & October 2021 Drillholes Comments • Mineralisation tested has either met or exceeded expectations. This is UHGZ-21-049 expected to provide a solid foundation for ongoing study work • MDKA has invested US$99m up to
Slide 9: TB Copper Project: Top Copper and Gold Drill Results
TB Copper Project Eight of World’s Top 20 Best Copper and Gold Drill Results over the Last Two Years From To Interval No Project Name Company Name Hole ID Cu (%) Au (g/t) (m) (m) (m) 1 Onto PT Sumbawa Timur Mining VHD037 536 1,485 949 1.3 0.7 2 Onto PT Sumbawa Timur Mining VHD073 730 1,471 741 1.3 0
Slide 10: Wetar Copper Mine
Wetar Copper Mine Production Information Operational & Financial Performance Mining Method Conventional open pit 2019 2020 2021 Unit Actual Actual Actual Metals Copper Open Pit Mining Mineralisation Type Volcanogenic massive sulphide (“VMS”) Ore Mined M Tonnes 2.3 0.5 2.4 Waste Mined M Tonnes 3.8 2.
Slide 11: Wetar: Extending Mine Life
Wetar: Extending Mine Life A geophysical survey of Wetar was completed during 2019 Lerokis Pit 1 Partolang with approximately 20 targets identified within the mining lease. These types of deposits generally appear in clusters, which has resulted in the continued discovery of resources over time •1 P
Slide 12: Wetar Copper Mine Latest Drill Results
Wetar Copper Mine Latest Drill Results New Drill Holes and Results Comments Selected October 2021 Drill Results (Partolang) Partolang From To Interval • The majority of drilling results from Hole ID Cu % Au g/t Ag g/t Partolang thus far have confirmed (metres) (metres) (metres) previous interpretati
Slide 13: AIM Project: Processing Overview
AIM Project: Processing Overview AIM is a huge growth opportunity for Merdeka given the nickel developments taking place in Indonesia, which will demand significant volumes of sulphuric acid. Potential for exploration at Wetar to support 2-3 Mt of acid production Wetar IMIP (Maluku Province) (Morowa
Slide 14: AIM Project: in Pictures
AIM Project: in Pictures AIM Acid Tanks Chloride Plant: Piling works Highlights on site works performed in Q4 2021 • Acid plant perimeter retaining walls reached 60% completion • Piling underway at both the Acid and Chloride Plants • QMB Acid Tank installation is progressing with jack-up methods und
Slide 15: AIM Project: Illustrative Timeline
AIM Project: Illustrative Timeline 15
Slide 16: Pani Gold Project
Pani Gold Project Comments West-East Cross Section over the United Pani Gold Project • In December 2021, MDKA invested US$80.16million to subscribe 50.1% of interest in PT Andalan Bersama Investama (“ABI”). ABI has recently completed the acquisition of PT Gorontalo Sejahtera Mining (“GSM”) from PT J
Slide 17: Competent Person's Statement
Competent Person’s Statement The information in this report which relates to Exploration Activities and Exploration Results is based on, and fairly represents, information compiled by Mr Zach Casley, BSc (Hons). Mr Casley is full-time employee of PT Merdeka Copper Gold Tbk. Mr Casley is a certified
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