Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Investor Presentation (August 2018)
16 slides from Emerald Resources Nl's investor presentation, Aug 7, 2018
Slide 1: Okvau Gold Project, Cambodia
Okvau Gold Project, Cambodia ASX:EMR Emerald to Become +100,000ozpa Gold Producer Investor Presentation | August 2018
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statement This announcement contains certain forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections about the industry in which Emerald Resourc
Slide 3: Emerald a Short History
Emerald a Short History 20th August 2014 o Current board appointed to Emerald Oil and Gas o Change of business and Change of name to Emerald Resources 14th November 2016 o Completed Merger with Renaissance Minerals 1st May 2017 o Okvau Definitive Feasibility announced and; o Maiden Ore Reserve
Slide 4: Capital Structure
Capital Structure ASX Code EMR Board & Management Simon Lee AO, Non-Executive Chairman Share Price 3.6 cents1 Previously Chairman: Equigold NL, Samantha Gold NL, and Great Victoria Gold NL Shares on Issue 2,111M Previously Board Member of the Australian Trade Commission and Patron of the Western
Slide 5: Cambodia Overview & Project Location
Cambodia Overview & Project Location First mover advantage in frontier terrain Attractive fiscal regime: o 100% ownership o No Government equity participation o 30% corporate tax rate for mining o 3.0% Government Gold royalty (net) o Import duty exemptions ~1,400 km of underexplored terrain 2 pros
Slide 6: Project Summary | Robust and Compelling Economics
Okvau Project Summary | Robust and Compelling Economics Economically robust project JORC Ore Reserve of 14.3Mt @ 2.0g/t Au for 907,000oz Project DFS Economics (100% Ownership) Development Capital Costs1 US$91M 2.0Mtpa plant to produce 106,000oz pa Mining Contractor Capital & Pre-Production Minin
Slide 7: Low All-in Sustaining Costs | High Margin
Low All-in Sustaining Costs | High Margin Operating Cost Summary Life of Mine On-Site Mining US$333/oz On-Site Processing US$265/oz On-Site G&A US$48/oz Transport and Refining US$5/oz C1 costs US$650/oz Royalties1 US$50/oz Sustaining Capital & Closure Costs US$31/oz AISC US$731/oz 1 Includes Governm
Slide 8: Metallurgy & Processing
Metallurgy & Processing Extensive test work completed Conventional Flotation & Leaching Coarse primary grind (>106µm) and sulphide flotation Low mass pull (8%), high grade concentrate Fine regrind of concentrate only (no oxidation) Leaching (flotation tails and concentrate) & Elution Gold recoveries
Slide 9: Okvau JORC Reserve 2.0g/t Au for 907,000 ounces gold
Okvau JORC Reserve 2.0g/t Au for 907,000 ounces gold April 2017 JORC Resource (0.7g/t gold cut-off) 1 Tonnage Grade Au Gold Resource Classification (Mt) (g/t) (Koz) 650 metres of strike by 600 metres width of the Indicated 15.11 2.08 1,008 mineralised vein system Inferred 2.57 1.61 133 Drill spa
Slide 10: Okvau Cross Section
Okvau Cross Section Stacked, sheeted sulphidic shear zones dipping to the south-east Possible grade and volume upside along diorite/sediment contacts Contact intercepts include: 19m @ 9.13g/t gold and 22m @ 3.56g/t gold Intercepts and interpretation allow for 2m of external dilution in additio
Slide 11: Okvau Grade Control Simulation
Okvau Grade Control Simulation Infill Grade Control simulation (drilling) confirms continuity, grade and tonnage estimate of resource model Holes drilled (infill to resource drilling) on a 10m x10m infill pattern to an average vertical depth of 25m 152 holes completed to date with best results
Slide 12: Okvau Resource Growth
Okvau Resource Growth Depth extensions Some of the highest grade intersections sit beneath open pit floor including: o 17m @ 4.5g/t from 320m (DD11OKV091) o 10m @ 9.6g/t from 411m (DD12OKV108) o 11m @ 8.4g/t from 399m (DD11OKV091) o 6m @ 9.7g/t from 520m (DD16OKV373) Refer to the Company’s ASX rel
Slide 13: Regional Potential | New Joint Ventures
Regional Potential | New Joint Ventures Dominant land position of ~1,400km2 covering a north-west trending zone of granitoid intrusions Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium) Small percentage of total lice
Slide 14: Angkor JV Koan Nheak Project
Angkor JV Koan Nheak Project • Two gold in soil anomalies discoveries Peacock North • Northern anomaly 0.7km x 0.3km (at >10ppb Au) • Southern anomaly 1.4km x 0.4km (at >10ppb Au) • Peak value Auger sampling 806 ppb Au • Peak value EMR rock chip 9.94 g/t Au • Geological setting similar to Okvau on P
Slide 15: Mekong Minerals Snoul Project
Mekong Minerals Snoul Project Drillhole From Interval Au g/t SNRC002 4 4 11.94 SNRC006 12 4 1.25 • EMR Auger soil results redefines existing SNRC009 4 16 2.93 MM shallow soil results SNRC010 12 12 1.01 DD09ANC011 49 1 9.09 • 3km, x 1.5km gold in soil anomaly (at DD09ANC013 66 1 11.36 >10ppb Au) DD10
Slide 16: Summary
Summary 1. Experienced, well credentialed Board and senior management, well equipped to develop Okvau and other gold projects 2. Emerald developing a single pit, 2.0g/t, 907,000 ounce gold reserve at US$731/ounce (AISC) 3. Resource open with strong potential to expand and convert additional reserves
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