Antilles Gold Ltd · ASX:AAU
Antilles Gold — PanTerra Gold — Investor Presentation (October 2015)
19 slides from Antilles Gold's investor presentation, Oct 2, 2015
Slide 1: PanTerra Gold Limited Corporate Presentation
Las Lagunas Albion/CIL Process Plant, Dominican Republic PANTERRA GOLD LIMITED Corporate Presentation 2 October 2015 PanTerra Gold is an Australian mining company producing gold and silver from sulphidic refractory ore in the Dominican Republic. The Company’s focus is on applying its experience and
Slide 2: Forward Looking Statement and Disclaimer
PanTerra Gold Limited Forward Looking Statement Some of the statements contained in this presentation are forward-looking statements, such as statements that describe PanTerra Gold Limited’s (“PGI”) future plans, intentions, objectives or goals, and specifically include but are not limited to statem
Slide 3: Introduction – PanTerra Gold Limited
Introduction – PanTerra Gold Limited PanTerra Gold Limited (“PanTerra Gold”) is an ASX listed mining company building a business based on extraction of precious metals from sulphidic refractory ores using Glencore Technology’s patented Albion oxidation process, in conjunction with standard carbon-in
Slide 4: Las Lagunas Project, Phase I
Las Lagunas Project, Phase I • 100% owned Las Lagunas project involves reprocessing refractory tailings containing gold and silver from Pueblo Viejo mine ≈105km north of Santo Domingo, capital of Dominican Republic. • Project exempted from income tax, with 25% share operating profit paid to Dominica
Slide 5: Las Lagunas Project, Phase I (cont)
Las Lagunas Project, Phase I (cont). • Las Lagunas operation involves tailings reclamation by dredging, ultrafine grinding, concentration of gold bearing sulphides through flotation followed by sulphide oxidation using Albion process, and extraction of gold and silver utilising CIL technology. • Bal
Slide 6: Financial Forecasts – Las Lagunas Project, Phase I
Financial Forecasts – Las Lagunas Project, Phase I Balance of Project from 1 October 2015 to 31 August 2019 KEY STATISTICS AND ASSUMPTIONS Resource Balance tonnes 3.05m Project life months 47 Average gold grade g/t 3.6 Gold recovery % 49.8 Gold production oz 175,925 Average Gold price US$/oz 1,140 G
Slide 7: Financial Forecasts – Las Lagunas Project, Phase I
Financial Forecasts – Las Lagunas Project, Phase I Balance of Project from 1 October 2015 to 31 August 2019 PROJECT CASH COSTS Balance of Project US$M DIRECT OPERATING COSTS (including salaries, mining, processing, tailings storage, repairs & (118.4) maintenance, site & camp costs) INDIRECT COSTS (i
Slide 8: Las Lagunas Project, Phase II
Las Lagunas Project, Phase II • PanTerra Gold’s current focus is on extending Las Lagunas project beyond 2019 by purchasing and importing ≈100,000tpa high-grade concentrate feed from operating mines in China, and possibly Cuba, commencing mid-2017, which would utilise 50% plant capacity. • As increa
Slide 9: Las Lagunas Project, Phase II (cont.)
Las Lagunas Project, Phase II (cont.) • Company has applied to Director General of Mines (“DGM”) in Dominican Republic for 20-year lease of existing project area over plant site, tailings dam (20 years excess storage capacity), and limestone quarry, and for permission to import and process refractor
Slide 10: Las Lagunas Project, Phase II (cont.)
Las Lagunas Project, Phase II (cont.) • Letter of Intent received from Provincial Government controlled mining company and licensed gold and concentrate trader, Guangxi DiRun Mining Investment Co. Ltd, based in Nanning, Guangxi Province, to supply ≈50,000tpa concentrate from Tianzhu region from mid-
Slide 11: Las Lagunas Project, Phase II - Potential
Las Lagunas Project, Phase II - Potential Potential for growth in gold production through acquisition, importation, and processing of suitable refractory concentrates at Las Lagunas, demonstrated in following tables. Potential Sources of Concentrate Feed to Las Lagunas Process Plant (000 tonnes) Gra
Slide 12: Las Lagunas Project, Phase II – Potential (cont.)
Las Lagunas Project, Phase II – Potential (cont.) The above tables have been set out to demonstrate the production potential of the continuation of Las Lagunas operations based on purchasing, importing and processing high-grade concentrate produced by third parties. The potential growth in gold prod
Slide 13: Corporate Development
Corporate Development In addition to its focus on sourcing high-grade concentrate for processing at Las Lagunas, PanTerra Gold is pursuing: • Refinancing Macquarie Bank’s loan to Las Lagunas project, which should be reduced to US$10 million by mid-2016. • Eliminating US$2.6 million of unsecured Shar
Slide 14: Albion Oxidation Process
Albion Oxidation Process Refractory Ores A refractory ore containing gold is one in which the gold is usually present as finely disseminated particles in sulphide minerals such as pyrite. Conventional cyanide leaching relies on the cyanide lixivant making contact with the gold particle, dissolving t
Slide 15: Directors
Directors Mr Johnson, who founded the Company in 2004, is a civil engineering graduate from the University of Western Australia with extensive experience in the construction and mining industries in Australia, South East Asia and North America. Mr Johnson Brian Johnson has had significant input into
Slide 16: Senior Management
Senior Management Mr Young was previously employed by Fluor Australia and Intermet Engineering as a process engineer on design, construction, commissioning and operation of gold plants in Australia, Papua New Guinea, Spain and Bolivia. Mr Young Dean Young holds a BSc in Extractive Metallurgy from Mu
Slide 17: Major Shareholders
Major Shareholders Shareholder Shares % of Units Mercury Connection International Co Limited 20,000,000 16.1% Central American Mezzanine Infrastructure Fund LP 11,745,036 9.4% Holdings associated with Brian Johnson, Chairman & CEO 11,744,916 9.4% Macquarie Bank Limited 4,014,641 3.2% JP Morgan Nomin
Slide 18: Contact Details
Registered Office: Contact Details 55 Kirkham Road Bowral NSW 2576 Brian Johnson James Tyers Australia Chairman & CEO Executive Director +61 2 4861 1740 brianjohnson@panterragold.com jamestyers@panterragold.com www.panterragold.com 18
Slide 19: Competent Persons Statement Cautionary Statement
Competent Persons Statement The information in this document that relates to Indicated Resources at the Las Lagunas project is based on information compiled by Rick Adams, BSc MAusIMM MAIG, Director Geological Resource Services for Cube Consulting, who is a consultant to PanTerra Gold Limited. Mr Ad