Slide 1: Quarterly Results December 2011
For personal use only Quarterly Results December 2011
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Evolution Mining Limited (“Evolution Mining”) and consists of slides for a presentation concerning the company. By reviewing/attending this presentation, you acknowledge and agree the following. This presentation includes fo
Slide 3: December Quarter Highlights
December Quarter Highlights For personal use only • Completion of merger and asset acquisition Corporate • Successful integration; people & processes • Creation of fourth largest ASX-listed gold producer • Group gold production and costs in line with FY2012 guidance • Total gold production; 89,812oz
Slide 4: Dec Quarter Production Summary
Dec Quarter Production Summary For personal use only December Quarter FY2012 Year to Units 2011 Date Total gold produced oz 89,812 165,708 Attributable gold produced1 oz 74,095 99,130 Total silver produced Update oz 45,972 122,020 Attributable silver produced1 oz 39,320 48,227 Attributable Cash Cost
Slide 5: Cracow
Cracow For personal use only Continued strong safety performance; no LTIs Consistent gold production 25,724oz (20,492oz attributable) Attributable cash cost of A$637/oz 40,000 800 A$637 Production (oz) 30,000 600 Cost A$/oz 26,507oz 25,724oz 20,000 400 10,000 200 0 0 Sep Qtr 2011 Dec Qtr 2011
Slide 6: Cracow Exploration
Cracow Exploration For personal use only Commitment to Exploration Sustainability – new discovery and consistent resource conversion 2.03m1 grading 7.59g/t Au 11.02m1 grading 6.76g/t Au 1.74m1 grading 5.47g/t Au Schematic longitudinal section illustrating new target along strike of Kilkenn
Slide 7: Edna May
Edna May For personal use only Improved safety performance; no LTIs 20,006oz of gold at a cash cost of A$1,044/oz Production marginally below guidance due to lower than expected plant throughput; impacting unit cash costs Prioritisation of plant throughput improvement initiatives has delayed
Slide 8: Edna May Exploration
Edna May Exploration Underground opportunity and exploration For personal use only Results demonstrate potential for resource growth at depth and along strike EMD053: 1.40m grading 34.57g/t gold EMD055: 1.70m grading 29.45g/t gold EMD062: 4.65m grading 56.19g/t gold UG Mineral Resource upd
Slide 9: Mt Rawdon
Mt Rawdon Stable, significant production For personal use only Strong safety culture; no LTIs Gold production 18,014oz (12,367oz attributable) Attributable cash cost of A$893/oz Production below expectation due to lower gold feed grades associated with mining delays and unscheduled maintenan
Slide 10: Mt Rawdon Exploration
Mt Rawdon Exploration For personal use only Resource definition drilling confirms broad zones of mineralisation in line with expectation: MRRC203815-3: 35.38m1 grading 1.19g/t Au MRRC203815-4: 17.14m1 grading 1.89g/t Au MRRC203815-5: 12.86m1 grading 2.09g/t Au Mt Rawdon operation Update of
Slide 11: Pajingo
Pajingo Significant growth and expansion For personal use only Outstanding performance 26,068oz of gold at a cash operating cost of A$535/oz: (CQT: Sept 2011 qtr: 14,049oz at A$889oz) Strong resource development and excellent exploration results 60,000 1,000 50,000 800 Production (oz) Cost AS/
Slide 12: Pajingo: Demonstrates performance excellence
Pajingo Demonstrates performance excellence For personal use only 50,000 1250 40,000 1000 Production (oz) 30,000 750 Cost A$/oz 20,000 500 10,000 250 0 0 Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec 2008 2008 2008 2008 2009 2009 2009 2009 2010 2010 2010 2010 2011 2011 2011 2011 ou
Slide 13: Pajingo Exploration
Pajingo Exploration Sustainable growth For personal use only New gold zone identified adjacent to Sonia East; 4.6m at 44.9g/t gold At Moonlight prospect mineralisation identified along 190m strike length, 1.5km from mine infrastructure At Starlight Corridor IP survey identified a large geophys
Slide 14: Mt Carlton
Mt Carlton Next step in growth pipeline For personal use only Construction commenced and on Project to produce schedule 800k ounces of gold 17.3M ounces of silver 12 year mine life 34,000t of copper in concentrate Mining lease granted Cash cost estimate A$600/oz SAG shell delivery
Slide 15: Mt Carlton Exploration
Mt Carlton Exploration For personal use only Jasper Ridge and Silver Ridge prospects continue to return encouraging near- surface results Exploration program for 2012 will test targets: Adjacent to V2 and A39 deposits Extensions to V2 East Porphyry copper target at Capsize High grade, lo
Slide 16: Evolution Mining
Evolution Mining 4th largest ASX-listed gold producer For personal use only Proven management team Strong financial position Excellent quarter of operational performance Strong growth being delivered The new, leading Australian gold producer
Slide 17: Appendix - Production Summary
Appendix - Production Summary For personal use only Total/ December 2011 Quarter Units Cracow Edna May Mt Rawdon Pajingo Average UG ore mined 000' t 116 - - 92 207 UG mined grade g/t 6.50 - - 8.81 7.52 OP ore mined 000' t - 617 1,194 52 1,863 OP mined grade g/t - 1.13 0.75 3.09 0.94 Total ore produc
Slide 18: Competent Person Statement
Competent Person Statement The information in this report that relates to exploration results, Mineral Resources or Ore Reserves listed in the For personal use only table below is based on work compiled by the person whose name appears in the same row, who is employed on a full-time basis by the emp