Terramin Australia Limited · ASX:TZN
Terramin Australia — Shareholder Meeting (May 2019)
22 slides from Terramin Australia's shareholder meeting presentation, May 30, 2019
Slide 1: Terramin AGM 2019
TERRAMIN AGM 2019 Richard Taylor| CEO Q2 2019
Slide 2: Forward Looking & Competent Person Statements
Forward Looking & Competent Person Statements Disclaimer The material contained in this presentation has been prepared by Terramin Australia Limited (Terramin). It is current as at the date of this presentation. It contains information in a summary form and should be read in conjunction with Terrami
Slide 3: Corporate Update
Corporate Update Corporate Snapshot - 19 May 2019 Board and Management Share on issue 1,869,601,371 Feng Sheng Executive Chairman Market Cap $172M @ $0.092/share Michael Kennedy Non-Executive Vice-Chairman Liquidity 12 Month - (0.02%) Angelo Siciliano Non-Executive Director Enterprise Value $193M Ke
Slide 4: Highlights & Next Steps
Highlights & Next Steps Terramin had a transformational year with the announcement of both the Tala Hamza Definitive Feasibility Study and the updated Bird-in-Hand Scoping Study 2018. With imminent,ML submission 2019 is progressing to plan. Highlights 2018-2019 Next Steps Tala Hamza DFS released t
Slide 5: Tala Hamza Highlights
Tala Hamza Highlights High grade • Tala Hamza is a high grade zinc and lead operation & large • Concentrate production will be significant in global terms scale • Tala Hamza has a projected mine life of 21 years Long life • Deposit is open to the south and east with near mine exploration potential T
Slide 6: Tala Hamza Overview
Tala Hamza Overview Tala Hamza is one of the largest undeveloped zinc & lead mines in the world and an important part of future supply geared towards meeting projected increases in global zinc demand next decade Overview • World class resource containing 3.5 million tonnes of zinc and lead. • Global
Slide 7: Mining Method Comparison: Jinchuan Nickel
Mining Method Comparison: Jinchuan Nickel Jinchuan Mining Method • Largest nickel producer in Asia • Underhand Drift and Fill (UDF) • 90% of China’s domestic nickel production • 6.5km along strike and 1km depth • 150,000t of refined nickel metal • 6.0Mt contained nickel metal and 3.9Mt copper • Base
Slide 8: Supportive Economics with competitive cost position
Supportive Economics with competitive cost position Low pre-production capital and highly competitive operating costs, with optimisation potential from already identified expansion cases Key financials and outputs – DFS 2018 2nd Quartile cost curve position(4) Key financial metrics DFS 20183 Commodi
Slide 9: Terramin South Australia Gold
Terramin South Australia Gold South Australia… A great place to be in gold • SA Government Gold Commodity Strategy to follow successful launch of its ‘Copper Strategy’ • Gold mineralisation widespread and occurs in almost all geological provinces in the state • Currently eight operational or approve
Slide 10: Angas Zinc Re-Start Potential: Studies Underway
Angas Zinc Re-Start Potential: Studies Underway Terramin operated the Angas Zinc Mine at Strathalbyn from 2009-2013. Angas closed at the low point in the zinc commodity price cycle. A study now focusses on incorporating up to one year’s production from Angas onto BIH Re-Start Study • Early cashflows
Slide 11: Robust economics – Scoping Study 2018
Robust economics – Scoping Study 2018 Positioned to deliver outstanding returns for investors Key financial metrics Scoping Study 2018 Low costs, strong margin: All in sustaining Commodity Price Metrics1 costs of approximately A$840/oz, positions Gold price – LOM average US$1,225/oz (A$1,700/oz) t
Slide 12: Bird-in-Hand 100% Terramin Owned
Bird-in-Hand 100% Terramin Owned Bird-in-Hand Gold Project has significant exploration upside – deposit open at depth and historic mines highlight the potential along strike. Current Bird in Hand resource stands at 265,000 ounces. Planned Infill drilling Planned Extension drilling 12
Slide 13: Stakeholder Engagement
Stakeholder Engagement Terramin has changed its proposed project considerably to address issues raised by stakeholders. The project has a small footprint, is on Terramin owned land and largely hidden from view Project changes • Designed the site with landscape architects to fit the project within th
Slide 14: Water Management
Water Management Terramin has completed its Managed Aquifer Recharge (MAR) trial which demonstrated the aquifer is suitable to accept reinjection of water inflows expected during mining Initial Water Results • Aquifer performed according to the model that has been developed over the past 5 years • P
Slide 15: Terramin Sustainability
Terramin Sustainability A core value of Terramin is Safety and Sustainability, particularly acting in a manner that both complies and exceeds regulatory, safety and environmental standards. Sustainability Program • Mining Baseline studies covering - Water sources (ground and surface water) - Soil an
Slide 16: Kitticoola High Grade Gold-Copper Joint Venture
Kitticoola High Grade Gold-Copper Joint Venture Terramin entered into an agreement to acquire rights in the historic Kitticoola Private Mine PM53 in January 2019. EPEPR (environmental approvals) awaiting SA Department for Energy & Mines Approval. Close to Bird-in- Hand and short haul to Angas’ proce
Slide 17: Terramin Exploration – Wild Horse
Terramin Exploration – Wild Horse Terramin Wild Horse which represents a potential porphyry gold-copper system which we plan to test in 2019. Commonwealth Department of Defence approved Deed of Access in March 2019. Quartz-Sericite-Pyrite? Potassic Zone? Wild Horse – Terramin Alumbrera – Argentina W
Slide 18: Reasons to Invest in Terramin
Reasons to Invest in Terramin Terramin is in the right place at the right time and with the right projects and people to capitalise on a strong price environment for its key commodities. Right Commodity Right Assets Right People • Zinc & lead historic • Algeria an emerging • Significant base & high
Slide 19: Contact Details
Contact Details For further information please contact: Richard Taylor Main Office CEO & Company Secretary Unit 7, 202-208 Glen Osmond Road, Fullarton, Adelaide Andre van Driel South Australia, 5063 A/g Chief Financial Officer T +61 (0) 8 8213 1415 F +61 (0) 8 8213 1416 info@terramin.com.au terramin
Slide 20: Annex: Tala Hamza Resources & Reserves
Annex: Tala Hamza Resources & Reserves Tala Hamza Resource Measured + Indicated Resource Inferred Resource Total Resource 2009 Resource Terramin Tala Hamza Interest (%) Tonnes Zn Pb Tonnes Zn Pb Tonnes Zn Pb (Mt) (%) (%) (Mt) (%) (%) (Mt) (%) (%) Tala Hamza - 51.1 4.87 1.27 17.5 3.7 0.6 68.6 4.6 1.1
Slide 21: Annex: Tala Hamza Resources & Reserves
Annex: Tala Hamza Resources & Reserves Tala Hamza Resource Probable Reserve Total Reserve 2010 Reserve Terramin Tala Hamza Interest (%) Tonnes Zn Pb Tonnes Zn Pb (Mt) (%) (%) (Mt) (%) (%) Tala Hamza - 38.10 4.78 1.36 38.10 4.78 1.36 Total - 38.10 4.78 1.36 38.10 4.78 1.36 Terramin Share 65% 24.80 4.
Slide 22: Annex: Gold, Lead & Zinc Resources
Annex: Gold, Lead & Zinc Resources Bird-In-Hand Resource Indicated Resource Inferred Resource Total Resource 2018 Resource Bird in Hand Tonnes Au Ag Tonnes Au Ag Tonnes Au Au Ag Ag (kt) (g/t) (g/t) (kt) (g/t) (g/t) (kt) (g/t) (koz) (g/t) (koz) Bird in Hand 432 14.4 7.56 220 9.2 2.4 650 12.6 265 5.8