Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Q1 2025 Earnings Presentation
12 slides from Aurelia Metals's earnings presentation, Oct 23, 2024
Slide 1: September 2024 Quarterly Update
SEPTEMBER 2024 QUARTERLY UPDATE For personal use only ASX Code: AMI 23 October 2024
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should By its very nature, production and exploration for gold and base metals is a high risk business and is not For personal use only not be considered as an offer or invitation to
Slide 3: September 2024 Quarter Highlights
SEPTEMBER 2024 QUARTER HIGHLIGHTS Strong cash balance maintained with Operations again funding Growth For personal use only First stope ore mined Peak delivering in line with at Federation and official guidance opening Cobar Basin Optimisation Dargues cash generation Scoping Study finalised maximise
Slide 4: Group Production and Costs
GROUP PRODUCTION AND COSTS Production and cost guidance on track For personal use only Measure Unit Mar 24 Jun 24 Sep 24 FY25 Qtr Qtr Qtr Guidance2 Gold produced koz 14.5 19.1 10.5 40 – 50 Copper produced kt 0.3 0.9 1.2 2.5 – 3.5 Zinc produced kt 4.3 5.1 2.3 14 – 20 Lead produced kt 5.8 4.8 3.1 13 –
Slide 5: Sustainability
SUSTAINABILITY Preventing injuries and protecting the environment remains a priority For personal use only Group Total Recordable Injury Frequency Rate (TRIFR) - Group Recordable Environmental Incident Frequency Rate 12 month moving average (REIFR) - 12 month moving average 15 4 3 10 2 5 1 0 0 Sep-2
Slide 6: Peak
PEAK Development metres Delivering in line with guidance Target For personal use only 723 743 777 730 724 352 • Fifth consecutive quarter of mine development Jun 23 Qtr Sep 23 Qtr Dec 23 Qtr Mar 24 Qtr Jun 24 Qtr Sep 24 Qtr above 700m Mined ore & unit cost $138/t $127/t $134/t $129/t $123/t $120/t •
Slide 7: Federation
FEDERATION Progress continues to derisk project delivery For personal use only ✓ First stope ore mined and Mine officially opened ✓ Development metres tracking ahead of FY25 targets ✓ Infill drilling ongoing to further define stope design ✓ New three-year mining contract executed ✓ Stage 2 civil wor
Slide 8: Dargues
DARGUES Operations complete, cash maximised For personal use only • Final production safely delivered • Strong cash generation of $7.3M net of redundancies and severance payments • Sale of process plant components and assets, ongoing in the current quarter • Mine closure planning and activities prog
Slide 9: Cobar Basin Optimisation Study
COBAR BASIN OPTIMISATION STUDY Creating significant value by leveraging existing processing infrastructure For personal use only Capital efficient (~$20-25M) expansion of the Peak processing plant to process all Federation ores, for approx. equivalent cost to restart Hera: • Comminution upgrades unl
Slide 10: Balance Sheet
BALANCE SHEET Strong cash balance maintained to fund growth plans For personal use only Group cash A$M1 ~36 ~139 • Cash on hand of $103.2M • Total liquidity ~$139M • Operations again funded Federation growth capital and exploration • Additional hedging in FY26 to support balance sheet Summary of hed
Slide 11: Key Focus Areas
KEY FOCUS AREAS Safely deliver our operating performance and fill our mills For personal use only Ramp up Federation to commercial production Maximise cash generation – Volumes and Costs Progress Peak expansion & Great Cobar studies to FID Support growth by attracting talent to the Cobar Region Expl
Slide 12: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 For personal use only GPO Box 7 BRISBANE QLD 4001 aureliametals.com Photo: Sunrise at the Federation Project