Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Noosa Mining Conference July 2023
19 slides from Ramelius Resources's conference presentation, Jul 20, 2023
Slide 1: Ramelius Resources Limited – Noosa Mining Conference
Ramelius Resources Limited For personal use only Mark Zeptner Managing Director ASX:RMS Noosa Mining Conference 1 July 2023 NOOSA MINING CONFERENCE • JULY 2023
Slide 2: Forward Looking Statements and Competent Persons Statement
QUALIFICATION Forward Looking Statements For personal use only This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd’s (Ramelius) financial condition, results of operations, production targets and other matters that are subject to various risks and unce
Slide 3: Corporate Summary
CORPORATE SUMMARY Corporate Structure Gold Guidance For personal use only Market Cap1 A$1.3B @ A$1.33 per share FY22 Production 258,625oz @ AISC of A$1,523/oz Cash & Gold2 A$272.1M FY23 Production2 240,996oz @ AISC of A$1,750 - 1,950/oz Debt3 Nil (Undrawn A$100M facility) Mineral Resources4 6.2Moz a
Slide 4: Acquisitions on Strategy – Attacking Priorities from Multiple Angles
ACQUISITIONS ON STRATEGY – ATTACKING PRIORITIES FROM MULTIPLE ANGLES For personal use only NOOSA MINING CONFERENCE • JULY 2023 4
Slide 5: Ramelius Successfully Acquires Breaker Resources NL
RAMELIUS SUCCESSFULLY ACQUIRES BREAKER RESOURCES NL1 ➢ Ramelius acquired Breaker Resources NL (ASX:BRB), owner of For personal use only the Lake Roe Gold Project (Roe) in Western Australia, via recommended all-scrip off-market takeover offer ▪ Roe Mineral Resources of 32 Mt @ 1.6 g/t Au for 1.7 Moz
Slide 6: Roe Gold Project - Overview
ROE GOLD PROJECT - OVERVIEW ➢ Tier 1 location For personal use only ▪ ~100km east from Kalgoorlie, in Australia’s premier gold province ▪ Southern end of the Keith – Kilkenny Tectonic Zone ➢ Bombora & Crescent - Kopai deposits ▪ 1.7Moz Mineral Resource (32Mt @ 1.6g/t Au)* ▪ Bombora deposit – the 1.5
Slide 7: Roe Gold Project - Drill Plan FY24
ROE GOLD PROJECT - DRILL PLAN FY24 ➢ Phase 1 For personal use only ▪ Diamond drilling focused on conversion of Inferred to Indicated in Underground areas ➢ Phase 2 ▪ RC drilling focused on margins of Open Pit areas ➢ Phase 3 ▪ RC sterilisation drilling (not shown) ➢ Considerations ▪ Ex-Breaker team
Slide 8: Ramelius Offer to Acquire Musgrave Minerals Ltd
RAMELIUS OFFER TO ACQUIRE MUSGRAVE MINERALS LTD ➢ Ramelius to acquire Musgrave Minerals Ltd (ASX:MGV), owner of For personal use only the Cue Gold Project in Western Australia, via recommended scrip and cash off-market takeover Offer ▪ Cue Gold Project has Mineral Resources of 12.3 Mt @ 2.3g/t Au fo
Slide 9: Cue Gold Project - Overview
CUE GOLD PROJECT - OVERVIEW ➢ Tier 1 location For personal use only ▪ 40km north of the town of Mt Magnet in WA ▪ 5km from the Great Northern Highway ▪ Prime location within the Murchison Goldfield ➢ Cue Gold Project Mineral Resources1 ▪ Totals 12.3Mt @ 2.3g/t Au for 927koz, includes: ▪ Break of Day
Slide 10: Cue Gold Project - Synergies with Mt Magnet Gold Operations
CUE GOLD PROJECT - SYNERGIES WITH MT MAGNET GOLD OPERATIONS For personal use only ➢ Significantly reduced development capital and funding risk ➢ Larger processing plant reduces operating costs ➢ Non processing infrastructure already in place at Mt Magnet ➢ Lower G&A costs as will operate under share
Slide 11: Cue Gold Project - Exploration Potential
CUE GOLD PROJECT - EXPLORATION POTENTIAL ➢ Murchison Province in the north-western part of the For personal use only Archean Yilgarn Craton ➢ Greenstone sequence dominated by ▪ Cuddingwarra Shear Zone (from Mt Magnet to Meekatharra) ▪ Break of Day Shear (splay off Cuddingwarra Shear Zone) ➢ Mineral
Slide 12: Project Updates
For personal use only PROJECT UPDATES NOOSA MINING CONFERENCE • JULY 2023 12
Slide 13: Penny - Haulage Catch-up Complete and Drilling Underway
PENNY - HAULAGE CATCH-UP COMPLETE AND DRILLING UNDERWAY ➢ Mineral Resources - 530kt @ 17.2g/t for 290koz1 For personal use only . ➢ Ore Reserve - 490kt @ 15.0g/t for 230koz1 ➢ Stoping well underway, multiple fronts open ➢ Haulage ramped up to deliver June Qtr result ➢ UG Drilling producing excellent
Slide 14: Vivien & Tampia - Progressive Rehabilitation Where Possible
VIVIEN & TAMPIA - PROGRESSIVE REHABILITATION WHERE POSSIBLE ➢ Vivien – mined from 2015 - 2023 For personal use only . ▪ Minimised additional surface disturbance using in-pit disposal only ▪ Historic waste dump with remediation carried out ▪ Infrastructure largely removed, ripped & ready for seeding
Slide 15: Inorganic Growth - Return on Investment a Key Driver
INORGANIC GROWTH - RETURN ON INVESTMENT A KEY DRIVER ➢ Track record of generating positive (net) cash For personal use only flow* from new projects ➢ Inventory build-up shown as notional c/flow ▪ Marda: 300kt @ 1.56g/t for 15koz ▪ Tampia: 1,184kt @ 1.47g/t for 56koz ▪ Penny: 6kt @ 7.20g/t for 1koz ➢
Slide 16: Ramelius - Well Positioned for FY24 and Beyond
RAMELIUS - WELL POSITIONED FOR FY24 AND BEYOND For personal use only Proven management team adept in either greenfields development or Operational Excellence refurbishment & operation of both open pit and underground mines Strong balance sheet, disciplined approach to capital management with a focus
Slide 17: Thank You
THANK YOU For personal use only Ramelius Resources Limited ASX Code: RMS Level 1, 130 Royal Street East Perth WA 6004 Authorised for release to the ASX by the Managing Director. For further information contact: Investor enquiries: Media enquiries: Mark Zeptner Tim Manners Luke Forrestal Managing Dir
Slide 18: Appendix - 2022 Mineral Resource Statement
APPENDIX 1 - 2022 MINERAL RESOURCE STATEMENT For detailed information relating to Mineral For personal use only Resources see ASX Releases (RMS) “Resources and Reserves Statement 2022”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affect
Slide 19: Appendix - 2022 Ore Reserve Statement
APPENDIX 2 - 2022 ORE RESERVE STATEMENT For detailed information relating to Ore Reserves For personal use only see ASX Releases (RMS) “Resources and Reserves Statement 2022”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affects the info
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