Resolute Mining Limited · ASX:RSG

Resolute Mining — Macquarie Australia Conference 2021

17 slides from Resolute Mining's conference presentation, Nov 29, 2021

  1. Slide 1: Macquarie Australia Conference

    For personal use only Macquarie Australia Conference 29 November 2021

  2. Slide 2: Important notices and disclaimers

    Important notices and disclaimers For personal use only This presentation contains information about Resolute Mining Limited (Resolute or the Company) and its activities that is current as at the date of this presentation unless otherwise stated. The information in this presentation remains subject

  3. Slide 3: 2021 Highlights

    2021 Highlights For personal use only  Key Board, executive and management appointments  Syama underground mining, processing and roaster throughput maintained at high levels throughout 2021  Mako continuing to achieve targets  Implementation of productivity and efficiency initiatives  Positive

  4. Slide 4: Multi asset production base

    Multi asset production base For personal use only YTD 21 average realised price $1,728/oz; Syama production is steady; Mako cutback on track 89,888 oz at an AISC $1,002/oz 85,668 oz at an AISC $1,239/oz 77,450 oz 76,336 oz at an AISC of $1,319/oz at an AISC of $1,499/oz 43,387 32,943 30,563 29,035 1

  5. Slide 5: Cash flow analysis

    Cash flow analysis September quarterly cash flows includes receipt of Bibiani sale proceeds of $29.8m and debt repayments of $53.6m For personal use only Macquarie Australia Conference 2021 5

  6. Slide 6: Key initiatives

    Key initiatives Production and processing focus For personal use only People Continue to build our teams:  Board renewal, appoint of key executives and site based operational managers  Support and training of managers and supervisors to deliver production and cost improvements Systems Implement ke

  7. Slide 7: Syama gold mine

    Syama gold mine For personal use only Long life asset with significant gold endowment, capacity for expansion and exploration potential Mineral Resources 7.6Moz Current Mine Life 11 years Ore Reserves 3.3Moz Oxide Plant Capacity 1.5Mtpa Sulphide Plant Capacity 2.4Mtpa Target Site Production 250-300k

  8. Slide 8: Syama greenstone belt

    Syama greenstone belt For personal use only Control over 85km strike length of highly prospective region  Total resources of 7.5Moz  Significant potential for further exploration success  Large sulphide Mineral Resources and Ore Reserves  Extension of oxide mine life  Consider options for devel

  9. Slide 9: Outstanding Tabakoroni drill results

    Outstanding Tabakoroni drill results For personal use only Multiple, very-high grade intersections returned from positions outside the current resource model  High grade underground mineral resource  8.1Mt @4.89g/t Au for 1.26Moz (Dec 20) – UG Ore Reserves 430,000oz – UG Mining Inventory 700,000oz

  10. Slide 10: Syama North - Oxide

    Syama North - Oxide For personal use only Positive results provide potential for oxide mine life extension  Extensive drilling throughout 2021 targeting oxide mineralisation adjacent to historic open pits  Recently identified new zones of mineralisation  Resources are not included in the current

  11. Slide 11: Mako gold mine

    Mako gold mine For personal use only High margin open pit with near mine exploration optionality Mineral Resources 965koz Current Mine Life 6 years Ore Reserves 780koz Plant Capacity 2.1Mtpa Target Site Production 120-140koz pa Macquarie Australia Conference 2021 11

  12. Slide 12: Exploration: Senegal

    Exploration: Senegal For personal use only Near mine exploration focus to support the capital investment in the operation Mako  Mako mine life extended to 2027  Several near-mine targets on Mine Lease  Mako NW target, soil anomaly parallel to Mako mine Mako Regional  Increasing ground holdings a

  13. Slide 13: Exploration: Regional

    Exploration: Regional For personal use only Early stage exploration projects in Guinea Kourouba JV  4km Au soil anomaly  Extensive artisanal workings  AC program just completed with encouraging results Niagassola  Large untested Au soil anomaly  Auger drilling underway Kouroussa  Untested Au s

  14. Slide 14: Strategic investments

    Strategic investments For personal use only Well positioned to capitalise on exploration success 15% Value: Objective stake US$13.9 million Establish a portfolio of investments in emerging gold explorers to provide potential for medium term growth 21% Value: opportunities stake US$7.7 million 11% Va

  15. Slide 15: Portfolio updates

    Portfolio updates For personal use only Bibiani Gold Mine Resolute completed the sale of the Bibiani Gold Mine to Asante Gold Corporation (Asante) for total cash consideration of $90 million  $30m cash received  $30m in six months from Completion – February 2022  $30m in twelve months from Comple

  16. Slide 16: Outlook

    Outlook For personal use only Capitalise on strong foundation and existing investments  People, systems and processes  Reliable delivery on production and costs  Disciplined capital management to simplify balance sheet  Unlock near mine exploration potential and value  Committed to Responsible

  17. Slide 17: Reporting Calendar and Contact

    For personal use only Reporting Calendar 20 January 2022 - December Quarterly Activities Report 24 February 2022 – Full Year Financial Results 28 April 2022 - March Quarterly Activities Report Contact Follow Us Stuart Gale | Chief Executive Officer EMAIL: contact@rml.com.au PHONE: +61 8 9261 6100 WE

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