Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Ord Minnett Small and Mid-Cap Mining Conference 2024
17 slides from Aurelia Metals's conference presentation, Mar 25, 2024
Slide 1: Aurelia Metals - Ord Minnett Small and Mid-Cap Mining Conference
AURELIA METALS ORD MINNETT SMALL AND MID-CAP MINING CONFERENCE 25 MARCH 2024 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should not By its very nature, production and exploration for gold and base metals is a high risk business and is be considered as an offer or invitation to subscribe for or purchase
Slide 3: Aurelia Snapshot
AURELIA SNAPSHOT ASX ticker: AMI Market Balance Sheet Major Shareholders H1 FY24 Performance Capitalisation 31 December 2023 Production A$109M cash on hand A$253M as at 29 February 2024: Gold - 31.7kozs Copper - 0.9kt Over A$160M of available Shares on issue 1,689.9M Zinc - 7.5kt liquidity Franklyn
Slide 4: Aurelia Portfolio
AURELIA PORTFOLIO Two producing assets and strategic infrastructure to support our Cobar basin strategy Established Production Base Near-Term Development Peak (North & South) Hera Dargues Federation Great Cobar Ownership 100% 100% 100% 100% 100% Development Development Status Operational Care and Ma
Slide 5: Key Messages
KEY MESSAGES Developing and operating a premier base metals business in a Tier 1 location Significant Cobar Basin Mineral Resource of 26.1Mt1 with highly prospective exploration potential Established processing infrastructure capacity ~1.3Mt, able to treat any ore type targeted in the Cobar Basi
Slide 6: Our Pathway to Success
OUR PATHWAY TO SUCCESS Near-term priority to ‘fill our mills’ 4 Optimise the Cobar Basin Convert Resources 3 to Reserves Deliver near-term 2 growth projects Operational excellence 1 and lower unit costs Enabled by our engaged people and our commitment to safe, sustainable mining outcomes ORD MINNETT
Slide 7: Executive Leadership Team
EXECUTIVE LEADERSHIP TEAM Bryan Quinn Martin Cummings Andrew Graham Rochelle Carey Managing Director and Chief Financial Officer Chief Development and Technical Officer General Counsel and Chief Executive Officer Company Secretary Susan Scheepers Angus Wyllie Michelle Tracey Matthew Nuttall Group Ma
Slide 8: Continue to Optimise Peak Mining
CONTINUE TO OPTIMISE PEAK MINING Delivering on operational and cost improvements - focused on hours, rate and compliance to plan Development metres Restart Third Truck development at production payload 743 723 New Cobar drill rig optimisation 257 352 Mar 23 Qtr Jun 23 Qtr Sep 23 Qtr Dec 23 Qtr Cage
Slide 9: Federation
FEDERATION A compelling high return base metals investment, first stope ore on track for Q1 FY25 ✓ Initial eight-year mine life, 4.0Mt production target1 ✓ Mineral Resource 4.8Mt at Zinc 9.0% Lead 5.4% Copper 0.3% Gold 0.9g/t2 ✓ Ore body remains open at depth and along strike, surface exploration dr
Slide 10: Dargues
DARGUES Maximising cash generation through to mine closure in Q1 FY25 • All mine development is now complete • Hedges lock in high gold price for remaining production • Retention of talent to redeploy to Cobar Region • Mine closure planning activities commenced • Potential for additional value to be
Slide 11: Balance Sheet in Place to Deliver Growth
BALANCE SHEET IN PLACE TO DELIVER GROWTH Over A$160M of available liquidity H1 FY24 cash flow1 (A$’M) ~36 ~163 • Cash flow from Peak and Dargues fully funded growth capital and exploration for H1 FY24 • A$108.7M cash balance and debt free (at 31 December 2023) • Tax refund of A$17.8M received in Jan
Slide 12: Resource Potential Cobar District
RESOURCE POTENTIAL COBAR DISTRICT Highly prospective tenements in the Cobar Basin ADVANCED EXPLORATION RESOURCE RESERVE Queen Bee Dapville Peak North Mine New Occidental Burrabungie Peak South Mine Fort Burke Blue Lens Great Cobar Mt Pleasant Perseverance Young Australian Chesney Federation Kairos N
Slide 13: Key Takeaways
KEY TAKEAWAYS Care | Curiosity | Nimble | One Team RIGHT PEOPLE & RIGHT MINDSET, IMPROVE OUR OPERATING MARGIN DELIVER WITH CONFIDENCE Tier 1 location Focus on delivering operational Quality infrastructure, resource improvements and strong cash and workforce flow to closure at Dargues FOCUSED GROWTH
Slide 14: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com Photo: Federation raise bore collar pour
Slide 15: Appendix 1: Mineral Resources and Ore Reserves
APPENDIX 1 | MINERAL RESOURCES AND ORE RESERVES Group Mineral Resource Estimate as at 30 June 2023 Notes: Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Measured 3,000 0.9 2.6 1.1 (i) 0.9 12 Indicated 15,000 1.4 1.1 2.8 1.8 8 . Inferred 8,200 1.7 0.5 1.8 1.0 8 Total 27,000 1.4 1.0 2.2 1
Slide 16: Appendix 2: Group Mineral Resources Estimate
APPENDIX 2 | GROUP MINERAL RESOURCES ESTIMATE Group Mineral Resource Estimate as at 30 June 2023 Project Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak Mine copper Measured 1,600 1.3 2.0 0.1 0.1 7 Indicated 8,300 1.8 1.0 0.0 0.0 5 Inferred 6,100 2.1 0.5 0.1 0.0 7 Total 16,000 1.8 0
Slide 17: Appendix 3: Group Ore Reserve Estimate
APPENDIX 3 | GROUP ORE RESERVE ESTIMATE Group Ore Reserve Estimate as at 30 June 2023 Project Category Tonnes (kt) NSR (A$/t) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak North Mine copper Proved 220 260 1.8 2.1 0.0 0.0 7 Probable 1,500 220 2.0 1.2 0.0 0.0 5 Total 1,700 230 2.0 1.3 0.0 0.0 5 Peak Sou
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