St. Barbara Ltd. · ASX:SBM
St. Barbara — Precious Metals Summit Beaver Creek 2024 and Gold Forum Americas 2024
23 slides from St. Barbara's conference presentation, Sep 10, 2024
Slide 1: Presentation to investors at North American Conferences
10 September 2024 Presentation to investors at North American Conferences Attached is a presentation by Mr Andrew Strelein, Managing Director & CEO, to investors this week at the Precious Metals Summit Beaver Creek and next week at the Gold Forum Americas. Authorised by Andrew Strelein Managing Dire
Slide 2: Investor Presentation
Investor Presentation Andrew Strelein, Managing Director & CEO September 2024
Slide 3: Disclaimer
2 Disclaimer This presentation has been prepared by St Barbara Limited (“Company”). The material contained in this presentation is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of, or a recommendation in relation to, securities in the Com
Slide 4: Disclaimer
3 Disclaimer JORC Code It is a requirement of the ASX Listing Rules that the reporting of (amongst other things) exploration results and mineral resources in Australia comply with the 2012 edition of the Joint Ore Reserves Committee’s Australasian Code for Reporting of Exploration Results, Mineral R
Slide 5: Corporate Overview
Corporate Overview
Slide 6: Corporate Overview
5 Corporate Overview Corporate Structure Shareholders3 Shares on issue (ASX: SBM) 818.3 M Institutional 41% Performance rights 53.2 M Share price1 A$0.23 Other Market capitalisation A$188 M 9% Cash2 A$191 M Retail / HNW 50% Debt Nil Listed equity investments1 A$24 M Substantial shareholders4 Proceed
Slide 7: The St Barbara Asset Portfolio
6 The St Barbara Asset Portfolio Atlantic operations, Nova Scotia Simberi operations, Papua New Guinea Investment portfolio Atlantic Operations Simberi Operations Assets Ore Reserves 38.3Mt @ 1.1 g/t for 1.4Moz Au Ore Reserves 47.3Mt @ 1.8 g/t for 2.8Moz Au Cash2 $191M Mineral Resource 56.5Mt @ 1.1
Slide 8: Simberi Operations
Simberi Operations
Slide 9: Simberi Operations
8 Simberi Operations Overview • 5.0 Moz in Mineral Resources Simberi Operations • 2.8 Moz in Ore Reserves • Northernmost island in the Tabar group of islands in the New Ireland Province, Papua New Guinea • Open cut mine with a 3.5 Mtpa plant (Carbon-in-Leach circuit) • FY25 production guidance of 65
Slide 10: Simberi Sulphide Expansion
9 Simberi Sulphide Expansion Highlights • Saleable gold concentrate flowsheet chosen over concentrate Ultra Fine Grind • Simberi Mine Plan exceeds 10 years (UFG) / cyanide leach driven by: • Average annual gold production of 230 koz from FY28 to FY34 ‒ Testwork showing ~5% higher • All-in Sustaining
Slide 11: Simberi 10 Year Plus Mine Plan Outlook
10 Simberi 10 Year Plus Mine Plan Outlook Production & AISC based on 3.7 Mtpa Saleable Concentrate Case 400 • The 3.7 Mtpa Saleable 2,250 2,233 Concentrate flowsheet case is the 350 basis for the 10 Year Plus Mine 1,933 Plan Outlook supported by 300 previous Feasibility Study work 272 and the curren
Slide 12: Saleable Concentrate Flowsheet – Block Flow Diagram
11 Simberi 10 Year Plus Mine Plan Outlook Saleable Concentrate Flowsheet – Block Flow Diagram • Additions to existing processing circuit: ‒ Sizer (already ordered); new 5MW Ball Mill; Flotation Circuit; Filter Press; and Concentrate Shed
Slide 13: Mining & Processing Physicals, Growth Capital & Operating costs
12 Simberi 10 Year Plus Mine Plan Outlook Mining & Processing Physicals, Growth Capital & Operating costs Description Unit 3.7 Mtpa Saleable Concentrate • Simberi would generate operating Ore Tonnes Mined Mt 39.5 cashflow1 in FY28 of: Waste Tonnes Mined Mt 133.6 ‒ US$168 M at US$2,000/oz Total Tonne
Slide 14: Next Steps for FY25
13 Simberi 10 Year Plus Mine Plan Outlook Next Steps for FY25 • Complete metallurgical testwork program; • Process Plant Layout and Design; • Targeting Final Investment Decision in late calendar 2025 • Feasibility Study Update completion targeted in H2 FY25; • First production from Sulphide • Comple
Slide 15: Simberi – FY25 Resource & Exploration Drilling
14 Simberi – FY25 Resource & Exploration Drilling • An interpreted diatreme breccia model has been developed, the outer margin forming a 1.7 to 2.2 km diameter oval • In three dimensions, the breccia body forms an ‘inverted cone’ geometry with the base dipping moderate to shallowly inwards towards t
Slide 16: Simberi – FY25 Resource & Exploration Drilling
15 Simberi – FY25 Resource & Exploration Drilling • The 3D model looking down towards the northeast. Current gold mineralisation >0.6 g/t Au intersected in drilling is displayed in red • The locations of pit shells are displayed as well as the location of the interpreted margin to the main diatreme
Slide 17: Atlantic Operations
Atlantic Operations
Slide 18: Atlantic Operations
17 Atlantic Operations Overview • 2.0Moz in Mineral Resources • 1.4Moz in Ore Reserves • Located north-east of Halifax, Nova Scotia, Canada Atlantic • Touquoy plant is a conventional Carbon-in-Leach circuit with 2.8Mtpa capacity Operations • Three advanced gold development projects • 15-Mile is the
Slide 19: Nova Scotia Development Projects
18 Nova Scotia Development Projects • 15-Mile Project is next planned project: ‒ Designed as standalone 1.8 Mtpa processing facility utilising relocated Touquoy plant ‒ 11-year mine life producing 55- 60kozpa gold at AISC of US$992/oz ‒ Capital cost of C$182 M • Beaver Dam Project (60km via road fro
Slide 20: APPENDIX A – St Barbara Ore Reserves
19 APPENDIX A – St Barbara Ore Reserves Proved Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Deposit (Mt) (g/t Au) (000’s) (Mt) (g/t Au) (000’s) (Mt) (g/t Au) (000’s) Simberi Oxide 11.7 1.3 480 7.1 1.2 270 18.8 1.2 750 Simberi Sulphide 9.9 2.2 690 17.2 2.3 1,260 27.1 2.2
Slide 21: APPENDIX B – St Barbara Mineral Resources
20 APPENDIX B – St Barbara Mineral Resources Measured Indicated Inferred Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Deposit (Mt) (g/t Au) (000’s) (Mt) (g/t Au) (000’s) (Mt) (g/t Au) (000’s) (Mt) (g/t Au) (000’s) Simberi Oxide 19.3 1.1 680 12.9 1.1 450 2.6 1
Slide 22: Contact Information
21 Contact Information INVESTOR RELATIONS MEDIA RELATIONS David Cotterell Sodali & Co. General Manager Business Development & Investor Relations Paul Ryan / Michael Weir T: +61 3 8660 1959 M: +61 409 296 511 M: +61 447 644 648 M: +61 402 347 032 E: info@stbarbara.com.au
Slide 23: St Barbara
ie StBarbara
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