Tanami Gold Nl · ASX:TAM
Tanami Gold Nl — Non-Deal Roadshow (September 2010)
37 slides from Tanami Gold Nl's roadshow presentation, Sep 7, 2010
Slide 1: Production, Performance, Potential…
For personal use only ASX:TAM Production, Performance, Potential… National and Building a 200,000oz per annum Australian gold producer International Roadshow September 2010
Slide 2: Company Snapshot
Company Snapshot..... Past 12 months Achievements Forward Program For personal use only Established strategic shareholding in ABM Increase exploration focus, expenditure and Resources NL resources in Tanami-Arunta Province Completed acquisition of Central Tanami Gold Commission Central Tanami by Q4
Slide 3: Corporate
For personal use only Corporate Item Value Share Price A$0.85 cents1 Shares Outstanding 260.9 million Market Capitalisation A$220 million [US$200 million] Cash and cash equivalents A$8.3 million2 Debt Nil Enterprise Value A$212 million1 [US$193 million] •Note 1 - Share price at 3 Sept 2010 •Note 2 -
Slide 4: Directors and Senior Management
Directors and Senior Management Directors For personal use only Denis Waddell - Non-Executive Chairman Company Founder Corporate, Finance, Governance Graeme Sloan - Managing Director/CEO Executive Director Corporate, Mining, Business Alan Senior - Non-Executive Director Engineering, Governance, Mini
Slide 5: Tanami Gold NL - Key Assets
Tanami Gold NL - Key Assets Western Tanami Operations (100% owned) For personal use only Central Tanami Project (100% owned) Strategic Shareholding in ABM Resources NL (22% and ~ 30% fully diluted) The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration po
Slide 6: Western Tanami Operations
Western Tanami Operations Western Tanami Resources1 For personal use only Coyote 880,000t @ 11.0g/t for 312,000ozs Bald Hill 2,062,000t @ 3.4g/t for 228,000ozs Other 176,000t @ 2.4g/t for 13,700ozs Total Resource at Western Tanami1 3,119,000t @ 5.5g/t for 554,700ozs 65% in Measured and Ind
Slide 7: Western Tanami – Coyote Operations
For personal use only Western Tanami – Coyote Operations Direction of Plunge The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 7
Slide 8: Coyote – Schematic Long Section
Coyote – Schematic Long Section High-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 8
Slide 9: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 9
Slide 10: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 10
Slide 11: Western Tanami - Bald Hill Operations
For personal use only Western Tanami - Bald Hill Operations 35km north of Western Tanami treatment plant Two open pits – Sandpiper and Kookaburra Mining to recommence shortly Important – Host rocks equivalent to Dead Bullock Formation Recent exploration success highlights underground poten
Slide 12: Bald Hill - Sandpiper Open Pit
Bald Hill - Sandpiper Open Pit Recent drilling strengthens For personal use only resource potential below open pit:1 15.1m @ 6.1g/t Au incl 8.8m @ 9.6g/t 5.0m @ 7.3g/t Au 11.0m @ 4.9g/t Au incl 0.8m @ 34.2g/t 4.6m @ 4.8g/t Au 2.6m @ 30.1g/t Au incl 0.6m @ 118.1g/t 6.3m @ 6.2g/t Au Open down plunge
Slide 13: Western Tanami Operations
Western Tanami Operations Qtr Tonnes Grade g/t Ounces Recovery Cash Cost For personal use only Treated (average) (average) US$ per oz Sep-09 72,138 5.7 12,821 97.3 $561 Dec-09 49,465 7.6 11,783 96.9 $634 Mar-10 50,583 6.7 10,456 96.1 $571 June-10 55,424 7.5 12,900 96.7 $557 TOTAL 227,610 6.8 47,960
Slide 14: Central Tanami Project
For personal use only Central Tanami Project Acquired from Newmont for $22M Purchase price $21/oz no value assigned to treatment plant / infrastructure / exploration Acquisition included: 1.1Mozs JORC Resource (2010)1 1.2Mtpa treatment plant Extensive infrastructure ~ 2,000 km2 explora
Slide 15: Central Tanami Schematic Long Section
For personal use only Central Tanami Schematic Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 15
Slide 16: Central Tanami Schematic Long Section
For personal use only Central Tanami Schematic Long Section1 •Note 1 – Refer to Slides 26 and 33 for Resource categorisation The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 16
Slide 17: Tenement MLS153
Tenement MLS153 Historic mining - 15 open pits For personal use only 1.2 Mtpa treatment plant 120 person accommodation village Office, workshop and airstrip Open pit and underground potential No mining since 1994 Approximately 15 kilometres of mineralised structures The Tanami Trio – Imm
Slide 18: Tenement MLS167
For personal use only Tenement MLS167 Historic mining - 14 open pits Open pit and underground potential Current focus – Reserve and Resource definition drilling No mining since 2001 Approximately 20 kilometres of mineralised structures The Tanami Trio – Immediate cash flow, substantial produ
Slide 19: Hurricane-Repulse Open Pit
For personal use only Hurricane-Repulse Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 19
Slide 20: Schematic Long Section – Hurricane Repulse Open Pit
Schematic Long Section – Hurricane Repulse Open Pit For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 20
Slide 21: Carbine Open Pit
For personal use only Carbine Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 21
Slide 22: Schematic - Carbine Long Section
For personal use only Schematic - Carbine Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 22
Slide 23: Groundrush Open Pit
For personal use only Groundrush Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 23
Slide 24: Groundrush Open Pit
For personal use only Groundrush Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 24
Slide 25: Schematic - Groundrush Long Section
For personal use only Schematic - Groundrush Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 25
Slide 26: Tanami Gold NL – Resources as at June 2010
Tanami Gold NL – Resources as at June 2010 Total Western and Central Tanami Mineral Resources For personal use only Measured Indicated Inferred Total Deposit Grade Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Tonnes (g/t) (g/t) (g/t) MLS153 578,000 2.3 744,000 2.2 441,000 3.9 1,763,000 2.7 15
Slide 27: Project Risk
Project Risk... Risk Rating For personal use only Resource1 – JORC Code and mostly Low risk Measured and Indicated Mining – current and previous mining Low risk history [geotechnically sound] Metallurgy – current and previous mining Low risk history Engineering – refurbishment of existing Low risk t
Slide 28: ASX Gold Producers Comparison
ASX Gold Producers Comparison Tanami growing into a new league of Australian gold producers For personal use only Growth Target from 50,000ozpa to 150-200,000ozpa over 2 years The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 28
Slide 29: Road Map Going Forward
Road Map Going Forward RECENT ACHIEVEMENTS 12 MONTHS 24 MONTHS For personal use only CORPORATE ABM Strategic Exploration Alliance Address funding requirement to meet capital program Central Tanami acquisition Review share structure Consolidate Tanami Gold’s position Entitlements issue raised $63 mil
Slide 30: Summary
Summary Unhedged and no debt For personal use only Current production 50,000ozpa growing to 150-200,000ozpa Total Resource 1.6Moz1 - will grow very quickly and cheaply Over 5,000 km2 of highly prospective exploration tenements Tenement package has potential to host very large ore bodies of
Slide 31: Any Questions?
For personal use only ASX:TAM ANY QUESTIONS? Production, Performance, Potential… National and Building a 200,000oz per annum Australian gold producer International Roadshow The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential September 2010
Slide 32: Disclaimer & Competent Person’s Statement
Disclaimer & Competent Person’s Statement Disclaimer & Forward-Looking Statements For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Tanami Gold NL and its projects, are forward-looking statements. S
Slide 33: Central Tanami Resources as at May 2010
Central Tanami Resources as at May 2010 Measured Indicated Inferred Total For personal use only Deposit Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Grade (g/t) Tonnes (g/t) (g/t) MLS153 578,000 2.3 744,000 2.2 441,000 3.9 1,763,000 2.7 151,000 MLS167 2,369,000 3.2 2,004,000 4.0 640,000 3.7 5
Slide 34: Western Tanami Resources as at June 2010
Western Tanami Resources as at June 2010 Measured Indicated Inferred Total For personal use only Deposit Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Coyote 78,000 25.6 64,000 473,000 11.5 174,000 329,000 7.0 74,000 880,000 11.0 312,000 Sandpiper 27,000 3.3 3,000 4
Slide 35: Western Tanami Project – Hutch’s Find
For personal use only Western Tanami Project – Hutch’s Find Western Tanami Project - Hutch’s Find significant intersections from recent drilling Significant Intersections Hole Collar Collar Collar Collar Collar Hole Number Depth Length Grade Easting Northing RL Dip Azimuth Interval (m) (m) (g/t) 98m
Slide 36: Central Tanami Project – Southern
For personal use only Central Tanami Project – Southern Central Tanami Project – Southern significant intersections from recent drilling Significant Intersections Collar Collar Collar Hole Hole Number Collar RL Collar Dip Length Grade Easting Northing Azimuth Depth (m) Interval (m) (g/t) SODD2 57383
Slide 37: Central Tanami Project – Miracle
For personal use only Central Tanami Project – Miracle Central Tanami Project – Miracle significant intersections from recent drilling Significant Intersections Collar Collar Collar Hole Hole Number Collar RL Collar Dip Length Grade Easting Northing Azimuth Depth (m) Interval (m) (g/t) TODD7 573066.