Focus Minerals Ltd · ASX:FML
Focus Minerals — Diggers & Dealers 2012
14 slides from Focus Minerals's conference presentation, Aug 7, 2012
Slide 1: Driving Sustainable Profitable Production
FFT:FZA ASX:FML FOCUS MINERALS LIMITED Driving Sustainable Profitable Production For personal use only Focus’ 1.2Mtpa Three Mile Hill processing plant in Coolgardie, WA Campbell Baird, CEO ASX:FML Diggers & Dealers, Kalgoorlie – 7th August 2012 focusminerals.com.au
Slide 2: 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 3: Focus Minerals
Focus Minerals Produced 176,357oz of gold in FY12 (a 140% increase on FY11) at a cash cost For personal use only of $1,222/oz In past 12 months Focus has: - M&A - Completed the acquisition of Crescent Gold to create a Group with 4.3Moz Gold Resource - New Team - Built a new leadership and technical
Slide 4: Assets Overview
Assets Overview Focus owns two processing hubs positioned in Australia’s two largest gold producing regions: For personal use only Laverton Operations Wallaby / Granny Smith • Large scale open pit mining. 2 Main Sunrise Dam mining centres • Currently processing at 3.5Mtpa Barrick Granny Smith • 1.45
Slide 5: Significant Turnaround Commenced at Laverton
Significant Turnaround Commenced at Laverton For personal use only 12 month production of 87,000 ounces @ $1,260/oz Laverton Cash Operating Costs Was an underperforming asset Reduction / Production Growth - Laverton previously starved of funds $1,800 30,000 - Focus injected $17m in working capital o
Slide 6: Laverton Now Positioned For Sustainable, Solid Production
Laverton Now Positioned For Sustainable, Solid Production Stable Production Apollo For personal use only - Consolidated to 2 digging fleets - Producing 20,000-25,000oz per quarter Sustainable Cost Savings - Improved planning and operational efficiencies - Improved contractor efficiencies consolidati
Slide 7: Coolgardie Has Transformed its Production Base
Coolgardie Has Transformed its Production Base For personal use only Produced 89,959koz @ $1,194/oz in FY12 Coolgardie Production Growth Strong Growth in last 12 months 305,000 30,000 - Ramped up two new production centres: Tindals Open Pits & The Mount underground - Increased YOY quarterly gold pro
Slide 8: Delivered Exploration Success
Delivered Exploration Success FML has delivered significant exploration success over the past 12 months: For personal use only • Grown resources to 22.3Mt @ 2.1g/t for 1.5Moz. Continued Tindals Surface drilling success • Drilling & technical work enabling pit to be brought back into Greenfields prod
Slide 9: Looking Forward > New Year Life of Mine Plan
Looking Forward > New 10 Year Life of Mine Plan Tindals Key success for technical team has been to For personal use only Open Pits build a new 10 year life of mine plan Apollo PRODUCING Tindals Based purely on existing 4.3Moz Resource The Underground base across Coolgardie and Laverton Mount Jasper
Slide 10: Focus of Next Months Will Be
Focus of Next 12 Months Will Be: Delivering consistent cash costs with a strong For personal use only Burtville focus on operational improvements and efficiencies Delivering continued stable production from existing mining centres Development of Burtville mining centre in Laverton to create 3rd majo
Slide 11: Potential To Significantly Grow Resource Base On Targeted Exploration
Potential To Significantly Grow Resource Base On Targeted Exploration Our focus is the development of the great optionality that our large landholding and 4.3Moz Resource base provides For personal use only Laverton & Chatterbox Shear Greater Coolgardie Treasure Island Gold Project We acquired 105km
Slide 12: Summary
Summary For personal use only Strong Growth • FML has driven very strong growth over the last 4 years • Acquisition of Crescent unlocked great potential for the business and Laverton given scale doubled production • New leadership and technical team delivering operational success and New Team securi
Slide 13: APPENDICES
13 For personal use only APPENDICES
Slide 14: FML & CRE Combined Resources & Reserves
APPENDICES: FML & CRE COMBINED RESOURCES & RESERVES Measured Resources Indicated Resources Inferred Resources Total Resources For personal use only Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces Ounces Ounces Ounces '000t Au g/t '000t Au g/t '000t Au g/t '000t Au g/t COOLGARDIE GOLD PROJ