Evolution Mining Limited · ASX:EVN

Evolution Mining — Citi's Mining Exploration Day 2017

14 slides from Evolution Mining's conference presentation, Jun 27, 2017

1. Slide 1: Discovery at Evolution Mining

   For personal use only Discovery at Evolution Mining Citi’s Mining Exploration Day – Sydney 27 June 2017 Glen Masterman – Vice President Discovery and Chief Geologist

2. Slide 2: Forward looking statements

   For personal use only Forward looking statements  These materials prepared by Evolution Mining Limited (or “the Company”) include forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “exp

3. Slide 3: What we're looking for

   What we’re looking for  Our exploration focus: For personal use only Gold discoveries >2 Moz  Epithermal and orogenic lode gold Host rock resource inventory deposits (Australia) 1997 – 2011  Will consider iron oxide copper-gold IOCG deposits (opportunistic) Palaeoplacer 13.2Moz 11.9Moz Skarn 3.0M

4. Slide 4: Australia – our primary focus

   Australia – our primary focus Pine Ck For personal use only >20Moz Tennant Tanami (Lode Au) Creek >30Moz >5 Moz (Lode Au) (IOCG) Telfer Charters Towers >30Moz >35Moz (Epithermal, VHMS) Mt Isa New England >17Moz >15Moz (IOCG) (IRGS, Epithermal Yilgarn Gawler & Porphyry) >400Moz >100Moz Yilgarn (Lode

5. Slide 5: Challenges to opportunities

   Challenges to opportunities  Discovering quality deposits is becoming more challenging For personal use only  Mature fields in Australia – low hanging fruit are rare  Exploring deeper under cover – requires higher quality mineralisation and a larger appetite for risk  We are developing a pipelin

6. Slide 6: Enablers

   Enablers  R&D to sponsor relevant innovation For personal use only  Target models – mineral systems versus genetic models  Drilling  Data analysis  Real time availability  100% utilisation  Artificial intelligence  Geophysics  Seismic  Potential to go to airborne acquisition of induced pol

7. Slide 7: Target model – Eastern Goldfields WA

   Target model – Eastern Goldfields WA For personal use only  Multiple ages of mineralisation  Late basin conglomerates  Upper mafic stratigraphy preserved  Enriched granitoids  Major, long-lived faults Image: Bleeker, 2012; Slide: John Dobe, 2016 7

8. Slide 8: Regional scale targeting – EGF

   Regional scale targeting – EGF  Major structures For personal use only  Gravity highs  Late basins  Low metamorphic grade  Enriched granitoids Legend Gold deposit > 1 Moz Major structure Gravity high (thick greenstone) Late basin sediments Targeting Elements Regional Gravity Enriched intrusive

9. Slide 9: Insights from Mungari

   Insights from Mungari  Highly prospective For personal use only Zuleika and Kunanalling shear zones  Evolution tenements:  ~36km of the Zuleika Shear  ~47km of the Kunanalling Shear  Historic Kalgoorlie regional gold production ~100Moz  A mature camp … or is it? 9

10. Slide 10: Camp geology

    For personal use only Camp geology 10

11. Slide 11: Schematic x-section

    Schematic x-section For personal use only 11

12. Slide 12: 2D seismic interpretation

    2D seismic interpretation For personal use only 12

13. Slide 13: South Gawler JV (Evolution earning 70%)

    South Gawler JV (Evolution earning 70%)  Target deposit type: iron oxide copper- For personal use only gold breccias – potentially large, high value copper-gold deposits Predicted Gravity Anomaly  Gawler Craton (South Australia) is a Current Surface Structure hidden under cover Epithermal Quartz-

14. Slide 14: Our key themes

    Our key themes  Sharp focus on our objectives For personal use only  Discoveries are declining in Australia – must look deeper under cover  Innovation will enable deeper visualisation of potential targets  Opportunities to compress discovery timelines by revolutionising drilling technologies  E

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