Antilles Gold Ltd · ASX:AAU
Antilles Gold — PanTerra Gold — Investor Presentation (November 2014)
16 slides from Antilles Gold's investor presentation, Nov 18, 2014
Slide 1: ASX Announcement: Gold Hedge Program Adjusted - Project Loan Reduced
18 November 2014 ASX Announcement PanTerra Gold Limited ASX: PGI GOLD HEDGE PROGRAM ADJUSTED - PROJECT LOAN REDUCED PanTerra Gold Limited (ASX: PGI) (PanTerra Gold or the “Company”), advises that it has rearranged its hedge program for gold produced from the Las Lagunas gold/silver operations in the
Slide 2: PanTerra Gold Limited Investor Presentation
Las Lagunas Albion/CIL Process Plant, Dominican Republic PanTerra Gold Limited Investor Presentation 10 November 2014 PanTerra Gold is an Australian mining company producing gold and silver from refractory ore in the Dominican Republic. The Company’s future focus will be on the application of its te
Slide 3: PanTerra Gold - Focus
PanTerra Gold - Focus • Ensuring the Company’s Las Lagunas gold/silver project in the Dominican ASX: PGI Republic is producing approximately Issued Shares* 846M 43,000 oz gold, and 280,000 oz silver per year, by end of CY2014 Share Price* AU$0.03 • Accessing clean refractory concentrate 52 Week Low/
Slide 4: Las Lagunas Project - Location
Las Lagunas La Paciencia Barrick’s Pueblo Viejo Mine Dominican Republic La Perseverancia Fuerte Las Lagunas Project - Location 3
Slide 5: Las Lagunas Project - Background
Las Lagunas Project - Background • Reprocessing high grade sulphide tailings from historic production at the Pueblo Viejo mine in the Dominican Republic (recently redeveloped by Barrick) • World’s first utilisation of Albion process for oxidation of refractory ore containing precious metals • Albion
Slide 6: Refractory Ores and Albion Oxidation Process
Refractory Ores A refractory ore containing gold is one in which the gold is usually present as finely disseminated particles in sulphide minerals such as pyrite. Conventional cyanide leaching relies on the cyanide lixivant making contact with the gold particle, dissolving the gold into a gold cyani
Slide 7: Las Lagunas Project - Key Statistics
Las Lagunas Project - Key Statistics • Original JORC resource: 5.13Mt @ 3.78g/t Au, 38.6g/t Ag (620koz Au, 6.4Moz Ag) • Remaining resource: approximately 3.6Mt • Current operating life of approximately five years • ~87,000 oz gold hedged at ~US$1,200/oz (silver unhedged) • Las Lagunas project exempt
Slide 8: Las Lagunas Project - Production Forecast
Las Lagunas Project - Production Forecast CY 2015 CY 2016 43,000 oz Au 43,500 oz Au Production 278,000 oz Ag 284,000 oz Ag Revenue US$54.9M US$56.0M Operating Profit US$24.5M US$25.8M Cash Cost / oz (AuEq*) ~US$609 ~US$594 * Calculated using Ag:Au ratio of 70:1, excludes Government 3.2% royalty on g
Slide 9: Las Lagunas Project - Tailings Reclaim
Las Lagunas Project - Tailings Reclaim • Low cost reclaim of sulphide tailings using dredges • Dredges feed to thickener for density control prior to delivery to plant • Three dredges in operation providing redundancy 8
Slide 10: Las Lagunas Project - Process Plant
Las Lagunas Project - Process Plant • Industry standard grinding and flotation circuits • Flotation concentrate goes to Albion oxidation circuit • Albion oxidation circuit comprises o Ultra fine grinding (Isa Mill) o Oxidative leach tanks (‘Albion’ reactors) • Oxidized output from Albion circuit fed
Slide 11: Las Lagunas Project - Community
Las Lagunas Project - Community • Effective engagement with local community • Building relationships by providing employment opportunities through rotating work program for local residents • Provides pathway to full-time employment through recruitment into permanent workforce • Proactive community &
Slide 12: Exploration
Exploration • Three exploration concessions totalling 24,950ha held in Dominican Republic (one is under renewal application) • Targets are refractory Au/Ag and polymetallic Cu/Au/Ag deposits • All concessions under-explored with limited application of modern exploration techniques to date 11
Slide 13: Corporate Development Plan
Corporate Development Plan • Identify and secure high-grade clean refractory concentrate from a mine development within the region which could be shipped to Las Lagunas for processing • Capitalise on written down value of process plant, existing environmental permits, low-cost trained workforce, and
Slide 14: Key Management Personnel
Key Management Personnel Brian Johnson - Executive Chairman Mr Johnson (BE - Civil Engineering) has been instrumental in establishing a number of successful public companies in the mining sector, including Nevada Goldfields Limited, Austral Coal Limited, and both Portman Mining Limited and Mount Gib
Slide 15: Contact Details
Brian Johnson Executive Chairman brianjohnson@panterragold.com Registered Office: Contact Details 55 Kirkham Road Bowral NSW 2576 Brian Johnson James Tyers Australia Executive Chairman Director Development +61 2 4861 1740 brianjohnson@panterragold.com jamestyers@panterragold.com www.panterragold.com
Slide 16: Competent Persons Statement
Competent Persons Statement The information in this document that relates to Indicated Resources at the Las Lagunas project is based on information compiled by Rick Adams, BSc MAusIMM MAIG, Director Geological Resource Services for Cube Consulting, who is a consultant to PanTerra Gold Limited. Mr Ad
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