Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Shareholder Meeting (November 2024)
28 slides from Emerald Resources Nl's shareholder meeting presentation, Nov 29, 2024
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 29 November 2024 ASX:EMR
Slide 2: Presentation Disclaimer
Presentation Disclaimer DISCLAIMER These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Emerald Resources NL (Emerald or the Company) as at 29 November 2024 and statements are current only as at that date. Information in t
Slide 3: Highlights - 2024
Highlights - 2024 1. 2024 – A Reflection of A Stellar Year ▪ Retirement of Mr Simon Lee AO Inaugural Chairman ▪ Company Growth - Share price appreciation of 78% since July 2023, +200% since January 2023; - Entry into ASX 200; and - Awarded Digger of the Year at the 2024 Diggers & Dealers Mining Foru
Slide 4: Highlights – 2024 (continued)
Highlights – 2024 (continued) 3. Company Growth – Second and Third Projects Emerald Resources (WA) Pty Ltd ▪ Takeover completed with Emerald holding a 100% interest; ▪ Dingo Range Gold Project maiden* resource expected December 2024; ▪ Significant intersections from past 12 months include: - 3.26m @
Slide 5: Why Invest in Emerald?
Why Invest in Emerald? KEY TAKEAWAY: Organic pathway to become a multiple mine, +300koz pa gold producer with no further dilution to shareholders RIGHT ▪ Board and management team - development and operation - with a history of TEAM delivery: - A history of success spanning ~ 30 years; - In house de
Slide 6: Emerald at a Glance
Emerald at a Glance Capital Structure Shareholder Structure ASX Code EMR Retail & High Net Institutional Shares on Issue 657.0M Worth Investors 32% Investors 50% Share Price $3.58¹ Market Cap (undiluted) A$2.4B 1 Share Price as at 26 November 2024. There are also 15.0M unlisted options on issue with
Slide 7: Key Assets – producing mine with two more to build
Key Assets – producing mine with two more to build Okvau Gold ▪ Producing asset with robust cash flows; Mine ▪ Produced 339koz to Sept 2024 since commissioning in Sep 2021 (Project to date: 352koz); (Emerald – 100%) ▪ AISC of US$817/oz since commissioning to Jun 2024; ▪ Okvau pre-tax operating cash
Slide 8: Cambodian Growth
Cambodian Growth ▪ Memot Gold Project – potential high grade Cambodian development; ▪ Okvau Gold Mine pit resource and reserve expansion; - Underground; and - Open pit. ▪ Okvau near mine: - Near mine prospects including Okvau North, Samnang. ▪ Regional exploration potential – 1,428 km² of prospectiv
Slide 9: Cambodian Growth Potential
Cambodian Growth Potential ▪ Dominant land position of 1,428 km² covering a north-west trending zone of granitoid intrusions; ▪ Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium). Antrong North (Earning 80%) 2.5km by 1.5km
Slide 10: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension Eastern Feeder Zone Mineralisation ▪ 10m @ 9.67g/t Au from 411m (DD12OKV108); ▪ 14m @ 15.03g/t Au from 26m (DD12OKV108); ▪ 11m @ 8.40g/t Au from 399m (DD11OKV091); ▪ 20m @ 9.86g/t Au from 175m (DD11OKV084); ▪ 6m @ 14.10g/t Au from 323m (RCDD22OK
Slide 11: Okvau Resource Growth
Okvau Resource Growth Reference is made to the Company’s ASX releases dated 18 April 2024, 30 October 2023, 4 July 2023, 28 April 2023, 31 January 2023, 31 October 2022, 7 October 2022, 28 July 2022, 29 January 2021, 2 July 2019, 26 July 2017, 28 April 2017 and Renaissance Minerals Limited 19 Septem
Slide 12: Memot Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Okvau 2011 Memot 2024 Footprint of local Footprint of local artisanal miners artisanal miners 800m ASX: EMR | www.emeraldresources.com.au 12
Slide 13: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Reference is made to the Company’s ASX releases dated 18 April 2024, 30 October 2023, 4 July 2023, 28 April 2023, 31 January 2023, 31 October 2022, 7 October 2022, 29 July 2022, 29 April 2022 and 30 January 2022. ASX: EMR | www.emeraldresour
Slide 14: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Reference is made to the Company’s ASX releases dated 18 April 2024, 30 October 2023, 4 July 2023, 28 April 2023, 31 January 2023, 31 October 2022, 7 October 2022, 29 July 2022, 29 April 2022 and 30 January 2022. ASX: EMR | www.emeraldresour
Slide 15: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Reference is made to the Company’s ASX releases dated 18 April 2024, 30 October 2023, 4 July 2023, 28 April 2023, 31 January 2023, 31 October 2022, 7 October 2022, 29 July 2022, 29 April 2022 and 30 January 2022. ASX: EMR | www.emeraldresour
Slide 16: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Reference is made to the Company’s ASX releases dated 29 July 2024, 18 April 2024, 30 October 2023, 4 July 2023, 28 April 2023, 31 January 2023, 31 October 2022, 7 October 2022, 29 July 2022, 29 April 2022 and 30 January 2022. ASX: EMR | www
Slide 17: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Reference is made to the Company’s ASX releases dated 29 July 2024, 18 April 2024, 30 October 2023, 4 July 2023, 28 April 2023, 31 January 2023, 31 October 2022, 7 October 2022, 29 July 2022, 29 April 2022 and 30 January 2022. ASX: EMR | www
Slide 18: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Memot Gold Project Stage 1 Maiden Open Pit Resource released December 2023: ▪ Stage 1 Maiden Memot Gold Project Open Pit Inferred Resource of 8Mt @ 1.84g/t Au for 470koz; ▪ Maiden resource delivered based on 19,217m of drilling, drill densit
Slide 19: Australian Growth (EMR: 100%)
Australian Growth (EMR: 100%) ▪ Dingo Range Gold Project ~950km2 of tenure covering entire Dingo Range Greenstone Belt; ▪ Boundary-Bungarra mineralized zone: - 6.4km mineralized zone - 36km2 of granted mining licenses; - Feasibility studies continue in advance of investment decision late 2024. ▪ Reg
Slide 20: Australia Gold Projects
Australia Gold Projects ▪ Emerald holds two Western Australian gold Dingo Range Gold Project Location projects, totaling in excess of 1,300km2 of highly prospective gold tenure; ▪ The most advanced project is the Dingo Range Gold Project: - located in Western Australia, within one of the world’s ric
Slide 21: Dingo Range Gold Project – Boundary-Bungarra Prospect
Dingo Range Gold Project – Boundary-Bungarra Prospect The Dingo Range Gold Projects most advanced prospect is the Boundary-Bungarra Prospect:- ▪ Four granted mining licences covering 36km2 over the Boundary-Bungarra Prospect; ▪ JORC compliant resource calculated in 2015 based on limited shallow (ave
Slide 22: Dingo Range – Boundary-Bungarra Prospect
Dingo Range – Boundary-Bungarra Prospect Dingo Range – Boundary-Bungarra Prospect Drilling Program: ▪ 98,000m resource definition drilling program underway, resource/reserve update calendar 2024; ▪ Current program following up existing significant results across ~114,000m of existing drilling, compl
Slide 23: Dingo Range – Boundary-Bungarra Long Sections
Dingo Range – Boundary-Bungarra Long Sections Long Section of the Boundary, Neptune and Stirling Prospects Refer to the Company’s ASX Announcement dated 15 July 2022, 7 October 2022, 4 July 2023 and 30 October 2023 ASX: EMR | www.emeraldresources.com.au 23
Slide 24: Dingo Range – Boundary-Bungarra Long Sections
Dingo Range – Boundary-Bungarra Long Sections Long Section of the Hurleys and Bungarra Prospects Refer to the Company’s ASX Announcement dated 15 July 2022, 7 October 2022, 4 July 2023 and 30 October 2023. ASX: EMR | www.emeraldresources.com.au 24
Slide 25: Environmental & Social Values
Environmental & Social Values Emerald is to have a (net) positive impact on near-mine environmental and social values through: ▪ Setting the benchmark for an environmentally & socially responsible, sustainable and transparent mining industry in Cambodia; ▪ Commitment to carbon neutral operations in
Slide 26: Upcoming Developments
Upcoming Developments December 2024 Okvau Gold Project resource – open pit and underground update December 2024 Dingo Range Gold Project resource – maiden resource under Emerald management December 2024 Memot Gold Project – resource (interim) update Ongoing Dingo Range Gold Project Exploration – nea
Slide 27: Key Takeaways
Key Takeaways RIGHT ▪ Board and management team - development and operation - with a history of TEAM delivery: - History of delivering in development and operation; - Board and management aligned with shareholders. PRODUCING ▪ Okvau Gold Mine (100%) – producing asset with robust cash flows: ASSET WI
Slide 28: Thank You
Thank You ASX: EMR | www.emeraldresources.com.au 28
Emerald Resources NL — Shareholder Meeting (November 2024) on 6ix