Ramelius Resources Limited · ASX:RMS
Ramelius Resources — RIU Explorer's Conference 2019
20 slides from Ramelius Resources's conference presentation, Feb 21, 2019
Slide 1: Ramelius Resources – RIU Explorer's Conference
Ramelius Resources Limited For personal use only Kevin Seymour General Manager Exploration ASX:RMS TNLB$U RIU Explorer’s Conference 21 February 2019 st EXPLORER’S CONFERENCE - FEBRUARY 2019 1
Slide 2: Qualification
QUALIFICATION For personal use only Forward Looking Statements Competent Persons Statement This presentation contains certain forward looking The Information in this report that relates to Exploration statements with respect to Ramelius’financial condition, Results, Mineral Resources and Ore Reserve
Slide 3: Corporate Summary – There's Nothing Like Being Cashed Up
CORPORATE SUMMARY – “THERE’S NOTHING LIKE BEING CASHED UP” Corporate Structure: at 20 February 2019 Share Price Performance Shares on Issue 640.6M $0.70 10,000,000 For personal use only 9,000,000 Market Cap A$384M @ $0.60 per share $0.60 8,000,000 Cash & Gold A$109.8M $0.50 7,000,000 Debt Nil $0.40
Slide 4: Targeted Exploration – 200km Radius from Milling Operations
TARGETED EXPLORATION - 200KM RADIUS FROM MILLING OPERATIONS – (WA) Vivien underground For personal use only Resource 127 koz Mt Magnet - mines & mill Reserve 77 koz Mill Capacity Up to 2.0 Mtpa Grade 6.5 g/t Resource 2.25 Moz Reserve 421 koz AISC ~A$1,000/oz Grade 1.8 g/t AISC ~A$1,300/oz Tampia Dev
Slide 5: Resources and Reserves – Significant Increases from 2017 to 2018
RESOURCES AND RESERVES – SIGNIFICANT INCREASES FROM 2017 TO 2018 For personal use only ▪ Exploration success and acquisition of Edna May has increased both; Reserve Inventory Change ▪ Mineral Resources; and 800,000 ▪ 36% increase (after mining depletion) 700,000 ▪ Total Mineral Resources of 70.5Mt @
Slide 6: Mt Magnet – Minesite Exploration Keeps Delivering New Mines
MT MAGNET – MINESITE EXPLORATION - KEEPS DELIVERING NEW MINES For personal use only ▪ +6Moz gold camp, Ramelius operating since 2011 ▪ Multiple geological host rocks + multiple styles of mineralisation ▪ Galaxy Mine Area – Sirdar Formation (BIF) ▪ 4 open pits mined between 2011-2017 ▪ Currently expl
Slide 7: Mt Magnet – Minesite Exploration Keeps Delivering New Reserves
MT MAGNET – MINESITE EXPLORATION - KEEPS DELIVERING NEW RESERVES ▪ New exploration discoveries, including: For personal use only ▪ Eridanus Open Cut Reserve (>0.6 g/t Au)^: ▪ 2.15 Mt at 1.20 g/t Au for 85,000 ounces Au ▪ Eridanus depth extensions drilling underway, incl: ▪ 23m at 3.98 g/t Au from 24
Slide 8: Mt Magnet – Minesite Exploration Keeps Delivering New Resources
MT MAGNET – MINESITE EXPLORATION - KEEPS DELIVERING NEW RESOURCES For personal use only ▪ Two bonanza grade shoots defined within larger porphyry hosted stockwork gold system ▪ Includes bonanza gold grade intersections targeted off the pit floor: ▪ 20m at 645 g/t Au, including 7m at 1,271 g/t Au ▪ 1
Slide 9: Stellar Pit – Bonanza Grade Resource Extensions
STELLAR PIT – BONANZA GRADE RESOURCE EXTENSIONS Stellar pit – southeastern pit wall – Jan 2019 For personal use only Southern Northern Shoot Shoot N 3-D geological porphyry model Stockwork vein array within porphyry host EXPLORER’S CONFERENCE - FEBRUARY 2019 9
Slide 10: Edna May – Untested Strike Potential
EDNA MAY - MINESITE EXPLORATION – UNTESTED STRIKE POTENTIAL ▪ EMO underground mine For personal use only to be developed on arcuate high grade quartz reefs within Edna May (qtz-fsp-bio) Tonalitic Gneiss: ▪ Au-Mo-W association ▪ Historical mine production (1911-1948): 0.57 Mt at 19.3 g/t Au – up to 7
Slide 11: Edna May – Exploring Deeper, Underground Development
EDNA MAY – EXPLORING DEEPER - UNDERGROUND DEVELOPMENT ▪ Low capital cost, high grade production at Edna May For personal use only ▪ Decision based on prudent assessment of mining economics, capital costs and production scheduling options ▪ Resource open at depth with possibility to extend mine life
Slide 12: Edna May – Westonia and Holleton Regional Exploration
EDNA MAY – WESTONIA AND HOLLETON REGIONAL EXPLORATION ▪ Regional regolith mapping and aeromagnetic interpretations have For personal use only suggested the greenstone belts are more extensive than previously mapped ▪ Belts are poorly drill tested beyond known gold anomalous insitu lateritic knolls a
Slide 13: Mt Hampton Project – Regional Exploration Targeting
MT HAMPTON PROJECT – REGIONAL EXPLORATION TARGETING For personal use only EXPLORER’S CONFERENCE - FEBRUARY 2019 13
Slide 14: Holleton & Westonia Belts – Regional Exploration Drill Targeting
HOLLETON & WESTONIA BELTS – REGIONAL EXPLORATION DRILL TARGETING ▪ Deeper RC and regional Aircore traverses at For personal use only Symes’ Option has returned encouraging intersections to date, including: ▪ 8m at 43.25 g/t Au ▪ 16m at 3.59 g/t Au ▪ Mineralisation occurs as a series of multiple shal
Slide 15: Edna May – Marda Gold Project Acquisition
EDNA MAY - MARDA GOLD PROJECT ACQUISITION ▪ Marda Project DOCA completed February 2019* For personal use only ▪ Balance of A$11M paid on completion (A$13M total) ▪ Fits well with Ramelius’ ore haulage based business model ▪ Infill drilling scheduled to enable JORC 2012 resource/reserve reporting ▪ M
Slide 16: Explaurum Acquisition – Tampia Gold Project
EXPLAURUM ACQUISITION – TAMPIA GOLD PROJECT ▪ Ramelius controls +93% of Explaurum Ltd (Feb 15, 2019) For personal use only ▪ Located 15km southeast of Narembeen township - WA ▪ Selected 20 x 20m infill RC drilling underway at Tampia ▪ Strategic review will determine the best way to develop the proje
Slide 17: Summary / Timeline – Value Accretive Acquisitions + Exploration Success
SUMMARY / TIMELINE – VALUE ACCRETIVE ACQUISITIONS + EXPLORATION SUCCESS For personal use only EXPLORER’S CONFERENCE - FEBRUARY 2019 17
Slide 18: Summary – Thank You
SUMMARY – “THERE’S NOTHING LIKE BEING CASHED UP” For personal use only THANK YOU EXPLORER’S CONFERENCE - FEBRUARY 2019 18
Slide 19: Mineral Resource Statement
MINERAL RESOURCE STATEMENT MINERAL RESOURCES AS AT 30 JUNE 2018 - INCLUSIVE OF RESERVES For detailed information relating to Mineral Project Deposit Resources see ASX Release (RMS) 18 Sept 2018, Measured Indicated Inferred Total Resource Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ‘Resources
Slide 20: Ore Reserve Statement
ORE RESERVE STATEMENT ORE RESERVE STATEMENT AS AT 30 JUNE 2018 For detailed information relating to Ore For personal use only Reserves see ASX Release (RMS) 18 Sept Proven Probable Total Reserve 2018, ‘Resources and Reserves Statement Project Mine Tonnes Au Au Tonnes Au Au Tonnes Au Au 2018’. kt g/t