Focus Minerals Ltd · ASX:FML
Focus Minerals — The Gold Symposium 2011
19 slides from Focus Minerals's conference presentation, Nov 14, 2011
Slide 1: Aggressively Expanding into a Rising Gold Price
FFT:FZA ASX:FML FOCUS MINERALS LIMITED Aggressively Expanding into a Rising Gold Price For personal use only Presentation by CEO Campbell Baird ASX:FML FFT:FZA The Gold Symposium, Luna Park, Sydney. 14th November 2011 www.focusminerals.com.au
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. For personal use only The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 3: Focus Minerals – An Australian gold producer
Focus Minerals (ASX: FML) – An Australian gold producer For personal use only Strong Production • Targeting +200,000oz1 in 2012 Platform • 4 mines across 2 regional centres in WA Financial Strength • Profitable with strong operating cash flow. Debt free Resource Scale • 4.3Moz Resource with 623,000o
Slide 4: Strategic Goals
Strategic Goals For personal use only To Expand Aggressively into a Rising Gold Price Deliver increased production & geographical diversity Target to be producing +200,000oz in 2012 Sustain profitability whilst growing operations Cash Flow Positive from operations 4
Slide 5: Focus is a Growth Business
Focus is a Growth Business Focus has been reinvesting profits into an aggressive mine expansion programme For personal use only Opened 2 new mines in H1 2011 and acquired 100,000oz pa Laverton Gold Operations Production Reserves Resources 250,000 700,000 5,000,000 600,000 200,000 4,000,000 500,000 1
Slide 6: Crescent Takeover
Crescent Takeover Focus acquired control of Crescent Gold via an off-market takeover. Has a 81.57% shareholding1 in Crescent For personal use only Focus’ targeting +200,000oz of controlled production in CY2012 Exceptional deal for Focus shareholders: $59m in scrip = extra 100,000oz2 production for F
Slide 7: Strong Production & Exploration Pipeline
Strong Production & Exploration Pipeline Focus Asset Base Crescent Asset Base For personal use only Coolgardie Production Laverton Gold Project Laverton Production • Tindals Mining Centre – underground • Laverton open pit mine & open pit • 1.5Mtpa Barnicoat mill • The Mount underground 85km to south
Slide 8: 2011 Has Been a Transformational Year for Focus, 2012 Outlook Strong
2011 Has Been a Transformational Year for Focus, 2012 Outlook Strong 1. Consolidate +200,000oz from operations in 2012 Targeting For personal use only +200,000oz of 2. Develop regional Exploration Opportunities production Targeting +200,000oz of Treasure island 3. Drive further growth in 2013
Slide 9: Overview of Operations
OVERVIEW OF OPERATIONS For personal use only 9
Slide 10: Production Centres: #1 Tindals Mining Centre Underground
Production Centres: #1. Tindals Mining Centre Underground - 55,000oz pa For personal use only Summary: Long-term stable production at 55,000oz pa Underground operation delivering 600,000tpa Average grade 3.5g/t Resource: 3.1Mt @ 4.4g/t for 444,000oz Reserve: 1.0Mt @ 3.6g/t for 115,000oz Outlook: Con
Slide 11: Production Centres: #2 Tindals Mining Centre Open Pits
Production Centres: #2. Tindals Mining Centre Open Pits - 25,000oz pa Summary: For personal use only New operation in June Quarter 2011 Targeting 25,000oz pa sustainable over 5 years 360,000tpa Average grade 2.1g/t Resource: 11.6Mt @ 2.3g/t for 830,000oz Reserve: 1.7Mt @ 1.8g/t for 99,500oz Outlook
Slide 12: Production Centres: #3 The Mount Underground
Production Centres: #3. The Mount Underground - 40,000oz pa Summary For personal use only New high-grade underground mine commenced operation in March Quarter 2011 270,000tpa Average grade 5.5g/t Resource: 2.1Mt @ 5.5g/t for 370,000oz Outlook • Targeting ramp up to +20,000tpm run rate over next 4 mo
Slide 13: Production Centres: #4 Crescent's Laverton Gold Project Open Pits
Production Centres: #4. Crescent’s Laverton Gold Project Open Pits - 100,000oz pa Summary For personal use only Large scale open pit operations that delivered 100,000oz in 2010 Multiple open pit targets - contracted out to specialist Ore processing agreement with Barrick at Granny Smith 2.3Mtpa thro
Slide 14: Further Resource Growth Potential Across Projects
Further Resource Growth Potential Across 3 Projects Greater Coolgardie Treasure Island Gold Project Laverton & Chatterbox Shear For personal use only Region has produced World class, gold project on 30km strike along the >2.5Moz over last 100 years Boulder-Lefroy Fault Chatterbox shear Resource of 1
Slide 15: Operational Update: September Quarter
Operational Update: September Quarter For personal use only Record Production • Group delivered 35,647oz for September Quarter Coolgardie on Track • Record 21,908oz produced from Coolgardie • First full quarter with two new mines • 41% increase on average Quarter’s mining (249,481t @ 3.03g/t for 24,
Slide 16: Delivering Strong Production Growth in 2012 & Beyond
Delivering Strong Production Growth in 2012 & Beyond Addition of 2 new mines in H1 2011 and acquisition of Laverton Gold Operations For personal use only establishes a strong production platform for Focus moving forward. +200,000oz Double Production 20% CAGR 72,830oz 62,296oz 41,401oz FY 08 FY 09 FY
Slide 17: Summary
Summary 1. Rapidly Growing Production Profile – Control of Crescent Gold has transformed Focus’ For personal use only production outlook propelling it into the top tier of Australian gold producers 2. Re-rating - Significant re-rating potential for FML stock 3. Production - Production set to double
Slide 18: Appendices: FML & CRE Combined Resources & Reserves
APPENDICES: FML & CRE COMBINED RESOURCES & RESERVES Measured Resources Indicated Resources Inferred Resources Total Resources For personal use only Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces Ounces Ounces Ounces '000t Au g/t '000t Au g/t '000t Au g/t '000t Au g/t COOLGARDIE GOLD PROJ
Slide 19: For personal use only
Search “Focus Minerals” on the iTunes store to download the Focus iPad Investor App For personal use only 19