Nagambie Resources Limited · ASX:NAG
Nagambie Resources — Shareholder Meeting (November 2017)
26 slides from Nagambie Resources's shareholder meeting presentation, Nov 24, 2017
Slide 1: Annual General Meeting CEO Presentation
Annual General Meeting CEO Presentation 24 November 2017
Slide 2: Disclaimer & Competent Person’s Statement
Disclaimer & Competent Person’s Statement FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements” within the meaning of securities laws of applicable jurisdictions. Forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “w
Slide 3: Strategy overview
Strategy overview Shareholder Value Non – Gold Assets Develop and realise value Gold tenements Grow and maximise value through cost effective exploration and development Produce Nagambie Mine site Gold Develop as a regional centre for gold production 2017 Annual General Meeting - CEO presentation 2
Slide 4: Gold exploration and development; PASS Project; Quarrying
Gold exploration and development PASS Project Quarrying Reprocessing tailings for gold General operations 2017 Annual General Meeting - CEO presentation 3
Slide 5: Gold exploration and development
Gold exploration and development 2016/17 • Conducted aeromagnetic surveys over selected tenements • Refined Nagambie Region Gold Model • Picked up new tenements based on the model 2017 Annual General Meeting ‐ CEO presentation 4
Slide 6: Gold exploration and development
Gold exploration and development Nagambie Resources now has: 100% control of all the silicified sandstone/siltstone outcropping and near-outcropping ground in the Waranga Domain of the Melbourne Zone, which is highly prospective for gold-in-sediments deposits Access to Geoff Turner and his enhan
Slide 7: Gold exploration and development
Gold exploration and development 2017 Annual General Meeting - CEO presentation 6
Slide 8: Gold exploration and development
Gold exploration and development In comparison to the Fosterville Gold Mine sulphide-gold orebodies, Nagambie region sulphide-gold orebodies: Are in the same host rocks (silicified sandstone and siltstone sediments) Have the same mineralisation style at surface (antimony-arsenic- associated, fin
Slide 9: Gold exploration and development
Gold exploration and development 2018 1. Commence IP surveys at: • Nagambie Mine – next week • Racecourse – Dec 17 / Jan 18 Results in Jan / Feb 18 2. IP survey of Wandean after IP surveys of Mine and Racecourse Prospect 3. Aeromagnetic survey of Miepoll area 4. Diamond drilling of best IP sulphide‐
Slide 10: PASS Project
PASS Project • A rehabilitation project Potential Acid Sulfate Soil and Rock (PASS) 2017 Annual General Meeting ‐ CEO presentation 9
Slide 11: PASS Project
PASS Project Quantity of PASS that could be generated from major projects 1,200,000 tonnes Nagambie Resources’ Pits: ≈3.4 Million 2.5M tonnes of tonnes of developed storage 200,000 tonnes PASS capacity (West Pit) 3.5M tonnes of potential storage ≈2,000,000 tonnes capacity (East Pit) 2017 Annual Gene
Slide 12: PASS Project
PASS Project The recent The Australia Institute Report (The Dark Side of the Boom) states: • Could be 19,000 abandoned mining related sites in Vic • Bonds held by Vic Govt = $160M • Estimate of total rehabilitation liabilities = >$938M • Government is starting to focus on rehabilitation 2017 Annual
Slide 13: PASS Project
PASS Project • Melbourne landfill space is rapidly diminishing • Waste management planning assumes maximum expansion of 5 existing landfills in outer Melbourne (including Ravenhall) • Looming legal challenge over the expansion of Ravenhall The Age, 5 Aug 2017 "If this site (Ravenhall) does not recei
Slide 14: PASS Project
PASS Project 2016/17 • Installed groundwater monitoring bores • Commenced hydrogeological assessment • Finalised all permitting applications 2017 Annual General Meeting - CEO presentation 13
Slide 15: Quarrying
Quarrying EY May 2016 p.4 Demand for extractive resources by LGA to 2050 2017 Annual General Meeting - CEO presentation 14
Slide 16: Quarrying
Quarrying “Road base Class 1 and 2, concrete and concrete sand have been identified throughout the analysis as potential areas of concern due to their minimal substitutability” (p5) 2017 Annual General Meeting - CEO presentation 15
Slide 17: Quarrying
Quarrying • Production of concrete aggregates from mine tailings 2017 Annual General Meeting - CEO presentation 16
Slide 18: Quarrying: Concrete aggregates
Quarrying CONCRETE AGGREGATES Competitive advantages: • 3,000,000 tonnes of material available • Rock is already crushed • Aggregates are suitably angular (less cement is needed) • Aggregates are a recycled product 2017 Annual General Meeting - CEO presentation 17
Slide 19: Quarrying: Sand
Quarrying SAND 2016/17 • Prepared first preliminary pit design • Circa 400,000 tonnes of sand • Commenced preparation of internal roads and sand stockpiling area • Commenced approvals process • Planning permit • Work Plan 2017 Annual General Meeting - CEO presentation 18
Slide 20: Quarrying: Sand 2018
Quarrying SAND In 2018 1. Continue the approvals process • Ecological studies • Hydrogeological modelling • Establish vegetation offsets • Community consultations 2. Finalise construction of internal roads and sand stockpiling area 3. Trial sand screening with MFS 2017 Annual General Meeting - CEO p
Slide 21: Quarrying: Clay
Quarrying CLAY • Complete planning approval for new clay pit by end 2017 • Can be used in crushed rock products, or as capping material for landfills • Flexibility with onsite infrastructure 2017 Annual General Meeting - CEO presentation 20
Slide 22: Quarrying: Crushed rock products
Quarrying Crushed rock products MFS enables: • Production of Class 3 and 4 CR from overburden dumps • Re-process existing non-spec stockpiles into saleable products Revenues • Selected on Strathbogie Shire’s quarry products 3-year supply panel • UETF likely to commence construction in early 2018 • I
Slide 23: Reprocessing ‘fines’ for gold
Reprocessing ‘fines’ for gold Concrete aggregates ≈3,000,000 tonnes ‘Fines’ – Gold bearing ≈3,000,000 tonnes Heap leach material ≈6,000,000 tonnes 2017 Annual General Meeting - CEO presentation 22
Slide 24: Reprocessing ‘fines’
Reprocessing ‘fines’ • Based on historic data, heap leach material could average 0.2 g/t of gold* • Potentially 19,000+ ounces of gold in the ‘fines’ • Potential value of in-situ gold in fines ≈ $32m+ (at $1,700 / ounce) * 0.2 g/t of gold based on historically reported head grade of 1.0 g/t and repo
Slide 25: General operations
General operations • Weighbridge • IT/Comms cost reductions • VoIP • Reliable internet access • Remote data / information access • Office connection with weighbridge • Fire risk management 2017 Annual General Meeting - CEO presentation 24
Slide 26: www.nagambieresources.com.au
www.nagambieresources.com.au James Earle – Chief Executive Officer james@nagambieresources.com.au 0481 462 642 2017 Annual General Meeting - CEO presentation 25
Nagambie Resources — Shareholder Meeting (November 2017) on 6ix