Slide 1: Quarterly Results September 2013
For personal use only Quarterly Results September 2013
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Evolution Mining Limited (“Evolution Mining”) and consists of slides for a presentation concerning the company. By reviewing/attending this presentation, you acknowledge and agree the following. This presentation includes fo
Slide 3: September Quarter Highlights
September Quarter Highlights For personal use only Production Significantly improved safety performance sustained over 15 months Strong start to FY14 with Group production of 107,195oz delivered at an average cash cost of A$769/oz and AISC1 of A$1,091/oz – again achieving guidance Mt Carlton d
Slide 4: September Quarter Production
September Quarter Production For personal use only Sep Quarter Jun Quarter Mar Quarter Units 2013 2013 2013 Gold produced1 oz 107,195 112,559 84,251 By-product silver produced oz 234,259 81,211 62,024 C1 Cash Cost2 A$/oz 769 762 918 C3 Total Cost3 A$/oz 1,146 1,366 1,427 Gold sold oz 97,211 98,403 8
Slide 5: Operations
For personal use only Operations
Slide 6: Cracow
Cracow For personal use only Consistent gold production of 23,352oz (Jun qtr: 23,663oz) Cash cost of A$761/oz, AISC of A$1,085/oz (Jun qtr: C1 A$928/oz, AISC A$1,687/oz) Significant cost reductions due to full transition to owner-miner and planned reduction in underground development with unit
Slide 7: Pajingo
Pajingo For personal use only September quarter production of 16,858oz of gold Cash operating cost of A$998/oz, AISC of $A1,435/oz (Jun qtr: A$830/oz, AISC A$1,583/oz) Lower gold production due to a shift to campaign milling during the quarter and processing of remaining lower grade open pit s
Slide 8: Edna May
Edna May For personal use only Gold production of 19,869oz (Jun qtr: 18,671oz) Cash costs reduced to A$915/oz, AISC A$1,209/oz (Jun qtr: A$1,017, AISC A$1,259/oz) Total movement significantly reduced following a move to mining on day shift only in FY14 574,910t processed at 1.14g/t Au – a 13
Slide 9: Mt Rawdon
Mt Rawdon For personal use only Gold production 28,213oz at a cash cost of A$663/oz and AISC of A$857/oz (Jun qtr: record 35,165oz, cash cost A$468/oz, AISC A$776/oz) Total material movement was below the June quarter, reflecting the revised stripping profile budgeted for FY14 December quarter
Slide 10: Mt Carlton
Mt Carlton For personal use only Excellent first quarter in commercial production from the V2 gold deposit – 18,904oz payable gold at a cash cost of A$578/oz and AISC of A$842/oz Unit costs improved due to above anticipated by-product credits from silver and copper Average concentrate grade si
Slide 11: Exploration
For personal use only Exploration
Slide 12: Exploration Highlights
Exploration Highlights For personal use only 4D Studies – Pajingo, Cracow, Mt Carlton 3D geology model integrating time to optimise target selection High-resolution 2D seismic completed at Pajingo (23km) and Cracow (7.5km) Imaged fault structures correlate to faults hosting epithermal minera
Slide 13: Exploration
Exploration For personal use only Ahead of plan and under budget Considering 3D seismic survey 8,000 – 10,000m of drilling planned in the December quarter: Proof of concept drilling – seismic targets at Cracow and Pajingo New porphyry Portion of the 2D seismic line at Cracow showing well-
Slide 14: Financials
For personal use only Financials
Slide 15: Financials
Financials For personal use only Revenue from operations increased to A$161M – comprised of gold doré revenue of A$130M and Mt Carlton concentrate revenue of A$31M Gold sales of 97,211oz at an average price A$1,475/oz Strong operating cash inflow from operating activities of A$65.2M Maiden d
Slide 16: Evolution Mining
Evolution Mining For personal use only Operational stability and predictability FY14 production and guidance maintained: 400,000 – 450,000 gold equivalent with cash operating costs in the range of A$770 – A$820/oz All-in Sustaining Cost range of A$1,080 – A$1,130/oz All-in Cost range of A$1,
Slide 17: Evolution Mining
For personal use only Evolution Mining ASX Code: EVN www.evolutionmining.com.au
Slide 18: Appendix - Production Summary
Appendix - Production Summary For personal use only September 2013 Quarter Units Cracow Pajingo Edna May Mt Rawdon Mt Carlton Total / Average UG lateral development - capital m 426 758 - - - 1,183 UG development - operating m 1,029 831 - - - 1,860 Total UG lateral development m 1,454 1,589 - - - 3,0
Slide 19: Competent Person Statement
Competent Person Statement The information in this presentation that relates to exploration results, Mineral Resources or Ore Reserves listed in the table For personal use only below is based on work compiled by the person whose name appears in the same row, who is employed on a full-time basis by E