Geopacific Resources Limited · ASX:GPR
Geopacific Resources — 121 Conference (March 2021)
16 slides from Geopacific Resources's conference presentation, Mar 17, 2021
Slide 1: The Woodlark Gold Project
The Woodlark Gold Project For personal use only 1.6Moz* Woodlark Gold Project * For Mineral Resource refer to slide 15 and the PFS announcement released on 12 March 2018. 1
Slide 2: Investment Highlights
Investment Highlights For personal use only +1 Moz Reserve1 with substantial exploration upside 1.8 year Payback 13 year mine life at an average AISC of A$1,239 / Oz Initial project capital A$255m2 34% IRR4 Fully permitted and shovel ready $347M NPV3 Successful A$140m equity raise completed Feb 2021
Slide 3: Project Location
Project Location For personal use only Proven mining investment jurisdiction with long mining history Many world-class gold mines nearby Island mining well established Newcrest, Lihir at 66Moz Au St Barbara, Simberi at 6Moz Au PNG large gold producer with 2.6Moz* produced in 2019 Democratic governme
Slide 4: Simple Operation
Simple Operation For personal use only Straight forward mining and processing route translates to low operating costs Managing Director Managing Director Mining Processing • Non-Executive Director open pit mining methods Conventional • Conventional Carbon In Leach (CIL) processing plant • Multi stag
Slide 5: Key Permits and Licenses
Key Permits and Licenses For personal use only Mining Lease1 Environmental Permit Stakeholder leaders agree the MoA Oct 2020 Compensation Agreement Memorandum of Agreement2 Village Relocation Agreement Updated community relocation houses 1In August 2020, an application was submitted to the MRA seeki
Slide 6: Path to Production
Path to Production For personal use only Realistic project timeline* underpinned by detailed Integrated Project Management Schedule prepared by planning specialist • Successful AUD$140m equity raise Completed Q1 CY2021 Equity • Finalisation of US$100m Debt facility with Sprott Lending Scheduled for
Slide 7: Project Timeline
Project Timeline For personal use only Project timeline* underpinned by detailed Integrated Project Management Schedule Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Wharf Construction Power Station Construction Process Plant Construction Mining – Pre-strip, ROM pad, ore stockpiles and ore
Slide 8: Project Execution
Project Execution For personal use only ▪ Contractor HBS currently on site executing Civil Works Program Civil Works ▪ Road upgrades, repairs and construction Program ▪ Refurbishment of the existing exploration camp ▪ Clearing, levelling and compaction of community relocation areas ▪ Site clearing a
Slide 9: Woodlark Growth Strategy
Woodlark Growth Strategy For personal use only ➢ At ~1.6Moz, Woodlark mineral resources are anomalously small compared to regional analogues (e.g. Simberi 6Moz, Misima 5Moz) ➢ <20% of tenure comprises outcropping host lithologies ➢ All drill-defined resources remain open and continue under cover ➢ 3
Slide 10: Kulumadau Exploration
Kulumadau Exploration For personal use only 0.4g/t MI Shell 0.4g/t MII Shell KU17DD021: 2m @ 100.9g/t KU17RD004: 23m @ 5.05g/t 06BKD033: 10m @ 16.65g/t ➢ Substantial Inferred material within existing pit to be converted to Indicated / Measured ➢ Highly prospective extensions along strike and down ti
Slide 11: Busai Exploration
Busai Exploration For personal use only 0.4g/t MI Shell 0.4g/t MII Shell ➢ Substantial Inferred material within existing pit to be converted to Indicated / Measured ➢ Shallow lateral extensions extending to the north of the pit ➢ Deeper down tip targets to the south 11
Slide 12: Broader ML & EL Exploration
Broader ML & EL Exploration For personal use only Waiakim ➢ Significant number of gold and copper surface outcrops to be evaluated Munasi ➢ Initial focus on targets on the Mining Lease ➢ Longer term focus on the Exploration Watou Lease with numerous gold and copper surface outcrops / soil Talpos ano
Slide 13: The Management Team
The Management Team For personal use only • Mining Engineer with over 20 years’ experience in open pit mining from scoping and feasibility studies, site technical services, operations and mine management Tim Richards • In addition to working in Australia, Mr Richards has undertaken roles in Papua Ne
Slide 14: The Board
The Board For personal use only Experienced Board with considerable public and private sector experience in Papua New Guinua • 35 years’ experience in international banking specialising in emerging markets Ian Clyne • Strong believer in PNG and has demonstrated a high level of commitment to social &
Slide 15: Mineral Resources and Ore Reserves
Mineral Resources and Ore Reserves For personal use only Mineral Resources (Fully Diluted) Ore Reserves 47.04Mt at 1.04g/t Au for 1.57Moz Au 28.9Mt at 1.12g/t Au for 1.04Moz Au Category Tonnes Grade Ounces Category Tonnes Grade Ounces (>0.4g/t lower cut) (Mt) (g/t) (oz) (>0.4g/t lower cut) (Mt) (g/t
Slide 16: Disclaimer and competent persons statement
Disclaimer and competent persons statement For personal use only This presentation is for information purposes only. Neither this presentation nor the information contained in it Forward Looking Statements All statements other than statements of historical fact included in this constitutes an offer,