Slide 1: A Gold Plated Investment
For personal use only The Information in this report that relates to Exploration Results is based on information compiled by Matthew Svensson. Matthew Svensson is a Member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and
Slide 2: Disclaimer
For personal use only DISCLAIMER This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantl
Slide 3: Company Overview
Company Overview For personal use only Corporate Details Share Price History ASX Code: RMS Ordinary Shares on Issue: 291M Market Capitalisation: A$137M 12 month share price range: $0.405-0.63 Cash on Hand: A$62M Current Debt: Nil Enterprise Value: A$75M Directors Major Shareholders Robert Kennedy Ch
Slide 4: Investment Highlights
Investment Highlights For personal use only § Wattle Dam Gold Mine - high grade 24g/t gold production - low total cost of less than A$500 per oz - Recent drilling points to potential resource upside § Mt Magnet Gold project - Historic production of 5.6M oz Au - JORC Resources of 3.3M Oz and Reserves
Slide 5: Results Summary
Results Summary For personal use only § 4 years of full year net profits 2007-2010 § Expected Pre Tax Profit of $28.7M in 2009/10 § Record gold in ore of 28,650 oz in June Qtr 2010 § Record of 24,133 oz gold milled in June Qtr 2010 § Record production of 60,000 oz in 2009/10 § Project payback achiev
Slide 6: Value Proposition (post Mt Magnet)
Value Proposition (post Mt Magnet) For personal use only § Large shift in Enterprise Value per resource oz § Now undervalued compared to peer companies EV to Resource Oz 300 250 200 EV / Res Oz 150 100 Post 50 Mt Magnet - Ramelius Pre Catalpa Tanami Gold Silver Lake Avoca Integra Focus Ramelius Aq.
Slide 7: Project Locations
Project Locations For personal use only § Located in stable well serviced mining centres 7
Slide 8: Wattle Dam Underground Mine
Wattle Dam Underground Mine For personal use only § Production of 60,000 oz in 2009 / 2010 § Total Cash Costs of A$482 per oz (incl. Royalties) 8 8
Slide 9: Wattle Dam Underground Mine
Wattle Dam Underground Mine For personal use only Open Pit 241 Level 41 g/t Open Pit Mined 23 g/t 225 Level 41 g/t Mined 20 g/t 205 Level 41 g/t 185 Level 44 g/t Decline High Grade zone 9
Slide 10: Wattle Dam Deep Drilling
Wattle Dam Deep Drilling For personal use only § Ongoing since June Current 2010 Mine Plan § Exceptional results from deeper holes § Similar grades to mining zones § Expected to extend 5.5m @ 148 g/t mine life 15m @ 27.3 g/t 8m @ 91.2g/t 9m @ 18.4 g/t 10
Slide 11: Mt Magnet Gold Project
Mt Magnet Gold Project For personal use only § Significant past gold producer ~ 5.6M oz § Purchase Price of A$40M including bonds § 3.3M oz of gold resources § 474K oz of gold reserves optimised at A$1150 oz § A further 200K oz in other pits § Targeting production of 100K oz p.a. for 5-7 years § Ups
Slide 12: Mt Magnet – Transaction Impact
Mt Magnet – Transaction Impact For personal use only Increase in reserves to 474K oz Au ñ NA Increase in resources to 3,476K oz Au ñ 2,550% Group milling capacity to 1.9mtpa ñ 950% Exploration acreage from 220km2 to 618km2 ñ 180% Production potential increased by 100K oz pa ü Prolific region, histor
Slide 13: Mt Magnet Depth Potential
Mt Magnet Depth Potential For personal use only § All drilling at Mt Magnet 200m to 400m depth 200 – 400m Depth 13
Slide 14: Mt Magnet Upside – Saturn Pit
Mt Magnet Upside – Saturn Pit § High Grade zones below current open pits For personal use only § Potential to increase grade by focussing on BIF* *Banded Iron Formation 14
Slide 15: Mt Magnet - Mercury Target
Mt Magnet - Mercury Target For personal use only § Targeting high grade below open pit and deeper targets § Mineralisation open at depth § Drilling to commence in September 2010 § Significant potential for underground mining 15
Slide 16: Exploration QLD – Mt Windsor JV
Exploration QLD (earning 60%) For personal use only § Mt Windsor JV – World Class Gold District § IP targets identified with drilling in Sept 2010 16
Slide 17: Exploration QLD (G20 Target)
Exploration QLD (G20 Target) For personal use only § G20 IP Survey targeting vertically zoned, intrusive breccia related gold IP deposits, analogous Anomalies to Kidston + Mt Wright § Strong chargeable IP anomaly with (sulphides?) from 200mbs within core of surficial As-Sb-Ag enriched ring like stru
Slide 18: Exploration Nevada
Exploration Nevada (earning 70%)* For personal use only § World class gold district § Two new JV’s with Miranda Gold Inc § Big Blue targeting Carlin style sediment hosted gold § Angel Wing targeting high grade veins (epithermal) § Work commenced at Big Blue § IP survey at Angel Wing to commence in l
Slide 19: Exploration Nevada (Angel Wing)
Exploration Nevada (Angel Wing) § High grade epithermal vein identified For personal use only § IP planned for August 2010 and drilling October 2010 *Marmota may earn 40% of RMS interest 19
Slide 20: Resources and Reserves
For personal use only RESOURCES AND RESERVES Resources Measured Indicated Inferred Total Project Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t oz ('000s) g/t oz ('000s) g/t oz ('000s) g/t oz Mt Magnet 2,194 2.7 193,000 33,633 2 2,122,000 15,044 2.1 1,030,000 50,871 2 3,345,000 Watt
Slide 21: Wattle Dam Gold Project
WATTLE DAM GOLD PROJECT For personal use only The Information in this report that relates to resources and estimated mine grade at Wattle Dam is based on information compiled by Rob Hutchison. Rob Hutchison is a Member of the Australian Institute of Mining and Metallurgy and has sufficient experienc