Golden Star Resources — BMO Capital Markets 2009 Global Metals & Mining Conference
19 slides from Golden Star Resources's conference presentation, Feb 24, 2009
Slide 1: BMO Capital Markets 2009 Global Metals & Mining Conference
Tom Mair, President and CEO February 2009 Exhibit 99.1 BMO Capital Markets 2009 Global Metals & Mining Conference BMO Capital Markets 2009 Global Metals & Mining Conference
Slide 2: Legal and Other Matters
Legal and Other Matters Legal and Other Matters SAFE HARBOR: The statements contained in this presentation are both historical and forward-looking in nature. The United States Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. Investors
Slide 3: Agenda
Agenda Agenda • Corporate overview • Operating & Development activities – Bogoso/Prestea – Wassa Mine/HBB • Exploration • Sustainability • Concluding Remarks
Slide 4: Corporate Overview
Corporate Overview Corporate Overview • Gold explorer, developer, producer – Current production focus in Ghana: 295,926 oz sold in 2008 – 2009 guidance of 400,000 oz – Major plant expansion completed in 2007 – New satellite mine brought online in 2008 – Active exploration programs in West Africa and
Slide 5: Production Focus in Ghana
Production Focus in Ghana Production Focus in Ghana
Slide 6: Bogoso/Prestea Pit Locations
Bogoso/Prestea Pit Locations Bogoso/Prestea Pit Locations
Slide 7: Bogoso/Prestea Gold Mine
Bogoso/Prestea Gold Mine Bogoso/Prestea Gold Mine • 2008 production of 170,499 oz • Significant exploration upside at surface and underground along the 85km of Ashanti Trend that Golden Star controls • Cost containment efforts succeeding – 21% decrease from Q3 to Q4 • Recovery rates increased throug
Slide 8: Wassa
Wassa Wassa • 2008 production of 125,427 oz • Benso haulage road to Hwini-Butre commenced construction • Excellent exploration potential - Manso property proximal to Hwini-Butre - Chichiwelli – situated on the HBB haul road
Slide 9: Golden Star Gold Production Profile
Golden Star Gold Production Profile Golden Star Gold Production Profile 2004 2005 2006 2007 2008 2009E Actual Gold Production Estimated Gold Production Oz (000s)
Slide 10: Exploration
Exploration Exploration • Brownfields exploration remains the primary focus – VTEM airborne geophysics survey conducted over ~45km of Ashanti Trend generating drilling targets – Further exploration of our HBB land package on eastern side of Ashanti Trend continues • Green fields programs – Regional
Slide 11: West Africa Exploration
West Africa Exploration West Africa Exploration
Slide 12: Guiana Shield Exploration
Guiana Shield Exploration Guiana Shield Exploration
Slide 13: Sustainability
Sustainability Sustainability • Committed to best practices for safety, health and environment – UN Global Compact – International Cyanide Management Code • Community development program in place since 1999 – Focus on water, health, education – Established community endowment fund in 2005
Slide 14: Sustainability
Sustainability Sustainability • Alternative livelihood projects recognize that mining is finite – Create lasting employment and alternative to illegal mining • Oil palm plantation is primary project (GSOPP) – Received Nedbank Capital Green Award in 2008 – Potential to create employment for 3,000 fam
Slide 15: Comparables—Independent Research
Comparables—Independent Research Comparables—Independent Research
Slide 16: Comparables—Independent Research
Comparables—Independent Research Comparables—Independent Research
Slide 17: Comparables—Independent Research
Comparables—Independent Research Comparables—Independent Research
Slide 18: Concluding Remarks
Concluding Remarks Concluding Remarks • Bogoso/Prestea – Sulfide processing plant recovery rates increasing • Wassa Hwini-Butre Benso Development – Wassa is performing well and exceeding expectations – Road from Benso to Hwini-Butre progressing – Expect Hwini-Butre mining in 2H 2009 • Robust product
Slide 19: Need More Information?
Need More Information? Need More Information? Investor relations at Golden Star Web www.gsr.com Phone 1-303-830-9000
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