Conroy Gold & Natural Resources Plc · LSE:CGNR
Conroy Gold & Natural Resources — Investor Presentation (June 2015)
19 slides from Conroy Gold & Natural Resources's investor presentation, Jun 16, 2015
Slide 1: Conroy Gold and Natural Resources plc
Conroy Gold and Natural Resources plc AIM: CGNR ESM: CGNR.I www.conroygold.com
Slide 2: Disclaimer
DISCLAIMER The content of information contained in this Presentation has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (“FSMA”) or an authorised investment business firm within the meaning of the Irish Investment Intermediaries Act 1995 (
Slide 3: 30 Mile Gold Trend Discovered with Series of Major Gold Targets
30 MILE GOLD TREND DISCOVERED WITH A SERIES OF MAJOR GOLD TARGETS IDENTIFIED TO DATE ALONG TREND 3 Conroy Gold and Natural Resources
Slide 4: Gold Potential on Licences Held
GOLD POTENTIAL ON LICENCES HELD CONCEPTUAL STUDIES SUGGEST 15 – 20+ MILLION OUNCES 30 MILE GOLD TREND Clay Lake Clontibret MAJOR GOLD TARGETS Glenish Slieve Glah The projection of 15 – 20+ million ounces, which is conceptual, is based on a 1m oz JORC-compliant gold resource outlined in 20% o
Slide 5: Geochemical Expression of Major Gold Targets
LONGFORD – DOWN MASSIF GEOCHEMICAL EXPRESSION OF MAJOR GOLD TARGETS [In 20% of Clontibret over 600,000 Oz Au defined (Tetra Tech)] 301 Ha 20% 170 Ha 147 Ha 125 Ha Slieve Glah Glenish Clontibret Clay Lake Geochemical Surface Expression (+10ppb Au) In Hectares Of Major Gold Targets (All of which have
Slide 6: Extensive Metalliferous System Present: Zinc, Lead, Gold
EXTENSIVE METALLIFEROUS SYSTEM PRESENT ZINC → LEAD → GOLD WITHIN LICENCE AREA 6 Conroy Gold and Natural Resources
Slide 7: First Gold (and Antimony) Mine Planned at Clontibret
FIRST GOLD (AND ANTIMONY) MINE PLANNED AT CLONTIBRET IN COUNTY MONAGHAN FIRST MINE PLANNED WILL BE ON 20% OF THE CLONTIBRET GOLD TARGET IN COUNTY MONAGHAN MINE SCOPING STUDIES COMPLETED BY INDEPENDENT CONSULTANTS (TETRA TECH) POSITIVE TECHNICAL AND FINANCIAL RESULTS SIGNIFICANT GOLD INTERSEC
Slide 8: Antimony – Critical Raw Material for EU
ANTIMONY – CRITICAL RAW MATERIAL FOR EU Critical Raw Material For EU. A Large Supply Deficit Is Forecast Used In Flame Retardants And In Antimony Supply Risk Emerging Technologies Such As ATO And Micro Capacitors Elevated Antimony Contents In Gold Flotation Concentrate Potentially Economic Q
Slide 9: Clontibret Gold Mine Definitive Mining Plan in Development
CLONTIBRET GOLD MINE DEFINITIVE MINING PLAN IN COURSE OF DEVELOPMENT TWO PHASES ENVISAGED Starter Pit PHASE 1 (c.8 years) STARTER PIT AND EXTENDED PIT PHASE 2 (FURTHER 5-10+ years) TO COMPRISE UNDERGROUND MINING AND / OR FURTHER Extended Pit SURFACE PIT(S) OR EXTENSION OF Stockwork THE CURRENT E
Slide 10: Clontibret Ore – Favourable Metallurgy
CLONTIBRET ORE – FAVOURABLE METALLURGY Au : S Ratio METALLURGICAL CHARACTERISTICS 0.00 Salmita 5.00 10.00 15.00 20.00 25.00 OF CLONTIBRET ORE INCLUDE: Jerrit Canyon CI2 Project (1st 5 yrs) Red Lake (Goldcorp) Fairview (Vantage Gold) Newmont - Minahsa Mesel Roaster Project CLONTIBRET LODE ORE CLONTIB
Slide 11: Process Flow Diagram
PROCESS FLOW DIAGRAM TSF ROM Bin (Tailings Storage Ball Mill Flotation Facility) Flotation Tails Jaw Crusher Concentrate Cone Crusher Bio-Oxidation Carbon in Leach (CIL) Air Plant Cooling Plant Elution Neutralisation Counter-Current Decantation (CCD) CN Detox Depth 160m Pouring Gold 11 Conroy Gold a
Slide 12: Clontibret Phase 1 Financial Highlights
CLONTIBRET - PHASE 1 FINANCIAL HIGHLIGHTS CAPITAL COSTS: $42.5 Million OPERATING COSTS (TOTAL CASH COSTS): Starter Pit: $490/oz Phase 1 Pit: $705/oz TOTAL PRODUCTION COSTS: Starter Pit: $900/oz Phase 1 Pit: $880/oz NET PRESENT VALUE (8% and gold price of $1,300/oz) $52.3 Million INTERNAL RATE OF RET
Slide 13: Clontibret Phase 1 Financial Highlights: Sensitivity Analysis
CLONTIBRET - PHASE 1 FINANCIAL HIGHLIGHTS SENSITIVITY NPV (8%) IRR GOLD PRICE Sensitivity Analysis ANALYSIS (US $ M) (%) (US$) Base Case $1,300/oz 100 - 20% 13.5 24 1,040 Project NPV (8%) Millions $ 90 80 - 15% 23.2 35 1,105 70 60 - 10% 32.9 44 1,170 50 40 - 5% 42.6 54 1,235 30 20 BASE CASE 52.3 62
Slide 14: Longford-Down Massif: Clay Lake Gold Target
LONGFORD – DOWN MASSIF CLAY LAKE GOLD TARGET HIGHEST GOLD-IN-SOIL VALUES TO DATE (UP TO 1.53 g/t Au) - DOUBLE THOSE RECORDED AT CLONTIBRET. TARGET AREA 2Km BY 1Km. STRUCTURAL STUDY SUGGESTS POTENTIAL FOR HIGH TONNAGE AND EXAMINING TRENCHED OUTCROP SURFACE CARBONACEOUS STOCKWORK OUTCROP OVERALL G
Slide 15: Longford-Down Massif: Clay Lake Gold Target
LONGFORD – DOWN MASSIF CLAY LAKE GOLD TARGET CLAY LAKE, A CARBONACEOUS SHALE HOSTED GOLD DEPOSIT, ENCOMPASSES MANY OF THE GEOLOGICAL ATTRIBUTES OF MAJOR SEDIMENT-HOSTED GOLD DEPOSITS EXAMPLES OF THESE GOLD DEPOSITS INCLUDE: - THE 17.4M OZ KINROSS MINE (PARACATU) WHICH AT A GRADE OF 0.41g/t GOLD
Slide 16: Mining in Ireland
LONGFORD – DOWN MASSIF MINING IN IRELAND ESTABLISHED MINING TRADITION IRELAND RANKS 11th IN THE PRESTIGIOUS FRASER INSTITUTE RATINGS DISCOVERY OF GALMOY ZINC ORE BODIES LED TO IRELAND RANKING 10th IN THE WORLD PRODUCTION OF ZINC LONGFORD – DOWN MASSIF DISCOVERIES MAY LEAD TO SIGNIFICANT GOLD
Slide 17: Longford-Down Massif Summary
LONGFORD – DOWN MASSIF SUMMARY CLONTIBRET – DEFINITIVE MINE DEVELOPMENT PLAN HIGH GRADE STARTER PIT DE-RISKS THE PROJECT PAYBACK WITHIN FIRST 2 YEARS OF PRODUCTION SIGNIFICANT UNDERGROUND AND OPEN PIT EXPANSION POTENTIAL OVERALL POTENTIAL OF AREA 15 – 20+ MILLION OZ GOLD (CLAY LAKE to SLIE
Slide 18: Karelian Diamond Resources
KvARELIAN DIAMOND RESOURCES
Slide 19: The Karelian Craton
THE KARELIAN CRATON The Karelian Craton straddles Finland and Russia in north east Europe It is larger in area than the diamond rich Slave Lake Craton in Canada Two world-class diamond deposits have been discovered in the Russian sector of the Craton (Lomonosov – in production and Grib Pipe – under
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