Eastern Goldfields, Inc. · OTC:EGDD
Eastern Goldfields — Investor Presentation (April 2016)
12 slides from Eastern Goldfields's investor presentation, April 2016
Slide 1: April 2016 – Michael Fotios, Executive Chairman
For personal use only April 2016 Michael Fotios – Executive Chairman
Slide 2: Competent Persons Statement and Forward Looking Statements
For personal use only Competent Persons Statement • The information in this Announcement that relates to Exploration Results, Exploration Targets and Mineral Resources is based on, and fairly represents, information and supporting documentation compiled by or under the supervision of Mr Andrew Czerw
Slide 3: Corporate Overview
Corporate Overview For personal use only ASX Code EGS Issued Capital Shares 489,531,151 Share Price Current $0.19 Market Capitalisation ~$93m Cash in bank Current balance ~$20m Issued Capital and Cash in bank figure as at 13 April 2016 Michael Fotios, Executive Chairman Board Alan Still, Non-Executi
Slide 4: Investment Highlights
Investment Highlights For personal use only • AUD $25m+ raised under Prospectus, with $2.5m of subsequent oversubscriptions, company now debt free 1 Turnaround complete • Securities reinstated to trade on ASX 24 March 2016 • Michael Fotios, Executive Chairman, also largest shareholder (approx. 40% h
Slide 5: Project Overview
Project Overview • Very large total ground holding, For personal use only contains multiple mining centres: • Siberia • Davyhurst (LOI) • Callion • Waihi • Mulline/Riverina • Mt Ida • Each centre hosts multiple o/p and u/g opportunities (Mt Ida u/g only) • Near term production ounces sourced from Da
Slide 6: Project Development Timeline
Project Development Timeline For personal use only Mar Apr May Jun Jul Aug Sep Oct Nov Dec Capital raise close; reinstatement to ASX Resource Development Release of historic drilling results (by mining centre) Reserve definition drilling on near mine ounces Resource extension drilling Regional Explo
Slide 7: Extensive database of historic drill results (News flow)
Extensive database of historic drill results (News flow) • Intend to re-release all significant historic drill results by mining centre For personal use only 1. Siberia 2. Davyhurst (LOI) 3. Callion 4. Waihi 5. Mulline/Riverina 6. Mt Ida • Provides the market with an: • Improved understanding on ext
Slide 8: ResDev Program
ResDev Program • Drill out of near mine ounces ($3m) For personal use only • May to Aug 2016, current proposed mine schedule • Aug to Dec 2016, resource extensions • Focus on: 1. Sandking 2. Missouri 3. LOI (Makai) 4. Callion 5. Riverina • Intended outcomes • JORC 12 compliance • Publish mining stud
Slide 9: Exploration: Regional Reconnaissance Program
Exploration: Regional Reconnaissance Program • Objectives – generate new discoveries within the belt For personal use only • Method - Generate regional consistent (leveled) datasets for; 1:10,000 or 1:5,000 detailed geological outcrop mapping Regional advanced 3D modelling where appropriate So
Slide 10: Processing Plant Refurbishment – Commence May
Processing Plant Refurbishment – Commence May 16 • Site Services ($1m) For personal use only • Camp, potable water, communications and IT • Completed June 2016 • Plant Refurbishment ($1m) • Steel / concrete refurbishment • Cost $1m • Plant Upgrade ($13m) – GR Engineering • New gravity circuit & tail
Slide 11: Peer Analysis
Peer Analysis For personal use only 250 200 150 A$/oz 100 50 0 NST PNR DRM KRM EVN TRY OGC SBM RRL SAR ALK MOY DCN RMS MML RED BDR EGS GOR TGZ GCY RSG SLR AQG MLX BLK KCN PRU Source: Hartleys Limited 11
Slide 12: Contact details
For personal use only Michael Fotios – Executive Chairman: +61 8 6241 1866 Website: www.easterngoldfields.com.au Michael Fotios – Executive Chairman
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