Focus Minerals Ltd · ASX:FML
Focus Minerals — Denver Gold Conference 2010
21 slides from Focus Minerals's conference presentation, Sep 22, 2010
Slide 1: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 2: Focus Minerals Ltd – Denver Gold Conference
Focus Minerals Ltd For personal use only Perth - Australia Denver Gold Conference September 2010 Campbell Baird – Chief Executive Officer +61 8 9215 7888 Production, Profits, Potential Building a substantial mid-tier producer 2
Slide 3: Focus Minerals – Board and Management
Focus Minerals ASX Code FML Board and Management For personal use only Ordinary Shares 2,863m Don Taig Executive Chairman Market Cap A$160m Phillip Lockyer Non Executive Unlisted Options 110.7 m Chris Hendricks Non Executive Cash and Bullion $10m (30 June 10) Campbell Baird Chief Executive Officer D
Slide 4: Bringing Focus...into Focus
Bringing Focus...into Focus Situated In Prolific Eastern Goldfields For personal use only Gold Belt – 2.6Moz production endowment Total Resources of 26 million tonnes @ 2.6 g/t for 2.0 million ounces Targeting Sustained production of 130,000 oz by 2012 NPAT A$3.4million 08/09 NPAT A$10.9 million 09/
Slide 5: Bringing Focus...into Focus: 130,000 oz
Bringing Focus...into Focus For personal use only 130,000 oz Production, Profits, Potential 5
Slide 6: 3D Fly-Through
6 For personal use only 3D Fly-Through
Slide 7: Flagship Project – Tindals Mining Centre
Flagship Project – Tindals Mining Centre Ramp-up to full production For personal use only continuing over next two quarters Average operating depth 300 m Gold endowment of 2,500 ounces per vertical metre 2.4 million tonnes @ 4.1 g/t Resource in Measured, Indicated and Inferred Building Reserves off
Slide 8: Three Mile Hill Plant – A Game-Changer
Three Mile Hill Plant – A Game-Changer Operating at 1.2 Mtpa For personal use only Enables Focus to unlock full value of all deposits on its tenements Strategic location as a largest- capacity treatment facility in Coolgardie region Surface stockpile of 40,000 ounces, 1.5 million tonnes at ~ 1.3 g/t
Slide 9: The Mount – A Potential Company-Maker
The Mount – A Potential Company-Maker For personal use only Footprint of 300m – remains open at depth within multiple lines of lodes Current Inferred Resource of 370,000 oz with Probable Reserve of 79,000t @ 8 g/t Exceptional development & production grades -15k tonnes @ 8.8 g/t - stoping commenced
Slide 10: Next Phase – from trial mining to potential 60,000 oz pa
Next Phase – from trial mining to potential 60,000 oz pa For personal use only 10
Slide 11: Exploration: A Rich Portfolio of History and Potential
Exploration: A Rich Portfolio of History and Potential Continuous gold production for over 100 years (2.6m ounces produced) For personal use only 1st time in history that the Coolgardie region has been consolidated by a single company Discrete projects can be assessed effectively as part of a much b
Slide 12: How and where do you start?
How and where do you start? • Endowment of projects and targets can be overwhelming For personal use only Tindals Mining Centre Lyndsays • Regional QA/QC has been ongoing since 2008 • Regional geophysics flown in 2009 7 kms • January 2010 exploration really got Bayleys started Brilliant • Use of geo
Slide 13: Coolgardie – Tindals and Geophysics
Coolgardie – Tindals and Geophysics • The use of EM has driven Drilling program planned For personal use only exploration success at Tindals Drilling Program planned Drilling Program planned • Has been used only in strength 20.0m @ 6.5 g/t Drilling program underway over past 9 months 5.0m @ 12.0 g/t
Slide 14: Coolgardie – The Potential
Coolgardie – The Potential For personal use only The Endowment – A Macro View Lindsays open pit (Resources) Bayleys underground Prices (Resource) Kings Cross (Resource) King Solomon (Resource) Hillside (Resource) Ashes 14
Slide 15: The Future
15 For personal use only The Future
Slide 16: Our Future… The Priorities
Our Future… The Priorities For personal use only Growing, Quality Assets, Profitable, Reserve Growth to Continue! Expanding Mining at the Tindals Mining Centre Fast Track Development at The Mount Project Rich Organic Growth Pipeline Build Production to +100,000oz in 2011
Slide 17: Production, Profits, Potential
For personal use only Production, Profits, Potential Building a substantial mid-tier producer 17
Slide 18: Lake Cowan Project
Lake Cowan Project A World Class Location For personal use only Greenfields exploration in the gold fields Gold-copper project on the southern extension of the Boulder- Lefroy Fault system A detailed geophysical survey and field work underway to identify drill targets
Slide 19: Lake Cowan Project – Gold & Copper Exploration
Lake Cowan Project – Gold & Copper Exploration For personal use only 19
Slide 20: Ore Reserves Statement as at June 2010
Ore Reserves Statement as at 20 June 2010 Coolgardie Underground Reserves: Tonnes: Grade: Ounces: Proven: Perseverance: 32,000 3.1 3,200 For personal use only Empress: 40,000 3.4 4,400 Countess: 126,000 4.1 16,600 Sub Total: 198,000 3.8 24,200 Probable: Perseverance: 182,000 4.0 23,300 Empress: 192,
Slide 21: Mineral Resources Statement as at June 2010
Mineral Resources Statement as at 30 June 2010 For personal use only Measured Resources Indicated Resources Inferred Resources Total Resources Grade Grade Grade Grade Tonnes Ounces Tonnes Ounces Tonnes Ounces Tonnes Ounces Au g/t Au g/t Au g/t Au g/t Tindals Project – UG 421,000 5.9 79,800 1,254,000