Orosur Mining Inc. · TSXV:OMI
Orosur Mining — Q3 FY2012 Earnings Presentation
11 slides from Orosur Mining's earnings presentation, Apr 13, 2012
Slide 1: Latin America Focused Gold Mining And Exploration: Q3 Results Presentation
Latin America Focused Gold Mining And Exploration Q3 Results Presentation 13 April 2012 1
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains certain information that constitutes forward-looking statements including the proposed acquisition of the Talca property, the completion of the proposed financing, future operating performance of Orosur Mining Inc. (the “Company” or “OMI”), realization
Slide 3: Production and Cash costs target for 2011/12
Production and Cash costs target for 2011/12 • Production in Arenal Deeps affected by: • delayy in receiving g the full p permit to commence mining g and development on all levels, • a decision to develop in ore on a 5 x 5 m basis rather than 5 x 8 m • and need to complete additional infill definiti
Slide 4: Production and Cash costs in Q3 and YTD Q3
Production and Cash costs in Q3 and YTD Q3 • Production for Q3: 13,668 oz, marginally higher than previous quarters. 406k tonnes at grade 1.12 g/t Au. 40k tonnes at grade 1.62 g/t from U/G. • Q3 last year was a very strong quarter: 16,573 oz, with grade of 1.38 g/t. 9 months to 28 Feb 2009 C hC Cash
Slide 5: Financial Results Q3
Financial Results Q2 1 Key Results Summary Three Months Ended Nine Months Ended February 29 February 29 2012 2011 2012 2011 Operating Results Gold produced Ounces 13,668 16,573 38,072 42,086 Average cash operating cost US$/oz 1,104 483 1,020 669 Average price received US$/oz 1,691 1,368 1,674 1,304
Slide 6: Mahoma
Mahoma Mahoma Overview Cross Section - II Vein Historical open pit / CIL operation Non 43-101 compliant reserve of 281 000 ttonnes att a grade 281,000 d off 9 9.36 36 g/t /t on a portion of the vein system. Drilling to confirm historical resource has completed 24 drill holes for 1,815 meters f
Slide 7: Mahoma Drilling - Cross Sections
Mahoma Drilling - Cross Sections 7
Slide 8: Pantanillo – Exploration
Pantanillo — Exploration LEGEND GN e+ oxide & Hydroxide ‘i Kaolinitetillite (sericite) | Kaolinite / Halloysite EJ Alunite /Dickite a Illite (sericite)/mucovite/montmorirllonite a Chiorite/Epidote/Calcite Ww Dolomite || Silica (quartz/opal/silicification) mm Pentenilo Central ’ 494°000}ME OROSUR MIN
Slide 9: Pantanillo Central – Exploration
Pantanillo Central – Exploration • High grade silver / gold targets close to planned pit 9
Slide 10: Talca – drilling
Talca – drilling Drilled in Total Results Received Meters Holes Meters Holes Niebla 2,185 11 1,654 9 Metalera 3,367 20 3,367 20 Sur 4,707 18 3,120 11 Total 10,259 49 8,141 40 Hole ID Sector From To Intercept Talca-12-23RC Metalera 175 180 5m @ 2.70 g/t Au including Central 178 180 2m @ 5.62 g/t Au 1
Slide 11: Summary
Summary 9 Delays in Arenal Deeps production permit, affecting production and cash costs. 9 Second S d Tailings T ili completed l d and d Arenal A l Deeps D ffully ll permited i d and d with i h all ll equipment and personnel necessary to ramp up stope production on site. 9 Production for the year ex