Ramelius Resources Limited · ASX:RMS

Ramelius Resources — RIU Sydney Resources Round-up 2015

28 slides from Ramelius Resources's conference presentation, May 13, 2015

  1. Slide 1: Ramelius Resources Limited – RIU Sydney Resources Round-up

    For personal use only Ramelius Resources Limited ASX:RMS RIU Sydney Resources Round-up – 14 May 2015

  2. Slide 2: Forward Looking and Competent Persons Statements

    Forward Looking and Competent Persons Statements For personal use only Forward Looking Statements This presentation contains certain forward looking statements with respect to Ramelius’financial condition, results of operations, production targets and other matters that are subject to various risks

  3. Slide 3: Corporate Summary

    Corporate Summary For personal use only Capital Structure (as at 31 Mar 15) Board & Management Shares on Issue 468.9M Robert Kennedy Non Executive Chairman Listed Options (@ 12c expiry Aug 15) 51M Mark Zeptner Unlisted Options (@ 20c expiry Jun 16) 1.5M Chief Executive Officer Market Cap A$49.2M Kev

  4. Slide 4: Strategy

    Strategy 1. Be profitable in a low gold price environment For personal use only 2. Discover a high margin asset over next 2 years 3. Strong focus on capital management * AISC represents All-In Sustaining Costs as per the World Gold Council guidance Ramelius Resources Limited • RIU Sydney Resources R

  5. Slide 5: Forward Gold Sales

    Forward Gold Sales For personal use only RMS Forward @ A$1,582/oz 22 Mth average A$1,433/oz Ramelius Resources Limited • RIU Sydney Resources Round-up - May 2015 5

  6. Slide 6: Operations & Development Projects

    Operations & Development Projects For personal use only Mt Magnet Gold Mine Kathleen Valley Project Capacity 1.7Mtpa Resource 163koz Resource 1.9Moz Reserve 56koz Reserve 326koz Life 1.5 years Life 4 years Capex A$1.5M Capex A$1.5Mpa AISC A$936/oz C1 Cost A$1,280/oz UCF* A$27.8M AISC A$1,320/oz Vivi

  7. Slide 7: Operations - Mt Magnet Gold Mine

    Operations - Mt Magnet Gold Mine For personal use only  Focus on Saturn and Mars open pits in FY15  Saturn pit • 170m deep, 200m at base • Remaining grade 1.8g/t • 1:1 strip ratio  Mars pit • 130m deep, 150m at base • Remaining grade 2.0g/t • 2:1 strip ratio  Transition to Percy pit for FY16 • C

  8. Slide 8: Operations - Mt Magnet Gold Mine

    Operations - Mt Magnet Gold Mine For personal use only Mt Magnet Mt Magnet Milled Tonnes & Head Grade Gold Production & Costs 800,000 2.00 25,000 2,000 SAG mill 22,500 repairs Ball mill 1,800 700,000 1.75 motor 20,000 1,600 600,000 17,500 1,400 Gold Production (oz) Milled Tonnes (t) 1.50 Head Grade

  9. Slide 9: Development - Vivien Project

    Development - Vivien Project For personal use only  July 14 - Acquisition completed & approvals received Ore Reserve Physicals June 2014  Oct 14 - Updated financials via contract tenders Mine Life 3 years  Mar 15 - Preliminary surface works started Mineral Resource 184koz2  Jun 15 - Decline comm

  10. Slide 10: Development - Vivien Project

    Development - Vivien Project For personal use only Ramelius Resources Limited • RIU Sydney Resources Round-up - May 2015 10

  11. Slide 11: Development - Kathleen Valley Project

    Development - Kathleen Valley Project  1st Sep 2014 - Acquisition completed For personal use only  Mineral Resource of 130,000oz  Nov 2014 - Infill drilling completed  Jan 2015 - Upgraded Mineral Resource (↑24%)  1,814,000t @ 2.8g/t for 163,000oz⁴  Jan 2015 - Maiden Ore Reserve  418,000t @ 4.

  12. Slide 12: Development - Kathleen Valley Project

    Development – Kathleen Valley Project For personal use only Ore Reserve Physicals January 2015 Mine Life 1.5 years Mineral Resource 163koz4 Ore Reserve 56koz5 Grade 4.1 g/t Recovery 95.0% Recovered Ounces 53koz BFS Financials February 2015 Up Front Capital A$1.5M C1 Cash Cost A$925/oz AISC A$936/oz

  13. Slide 13: Development - Kathleen Valley Project

    Development - Kathleen Valley Project For personal use only Approvals & Permitting Status Project Management Plan (DMP)  Section 18 Heritage Approval (DAA)  Works Approval (DER)  Licence to Take Water (DoW)  Clearing Permit (DMP)  Explosives Storage Licence (DMP)  Road Haulage & Access Point (

  14. Slide 14: Production Targets

    Production Targets*  Assuming commencement of Vivien & Kathleen Valley gold projects in Q4 FY2015 For personal use only  Integrated production model with Mt Magnet over next 3 years using primarily Ore Reserves (94%) RMS - Group Production Profile 140,000 Yellow Aster 120,000 Nil Desperandum Vivie

  15. Slide 15: Exploration - Projects

    Exploration - Projects For personal use only Ramelius Resources Limited • RIU Sydney Resources Round-up - May 2015 15

  16. Slide 16: Exploration – Blackmans (WA)

    Exploration – Blackmans (WA) For personal use only  Secured 100% ownership of Blackmans ML in Sep 2014  Strategic location, 30km nth of Checkers Mill at Mt Magnet  High grade supergene gold intersections from maiden Ramelius drilling programme  Better RC intersections include:  9m at 31.9 g/t A

  17. Slide 17: Exploration – Blackmans (WA)

    Exploration – Blackmans (WA)  West Lode + East Lode For personal use only Long Sections  Central splay links lodes 30m apart (offset as shown below)  Resource modelling and deeper RC drilling below East Lode underway → results awaited Ramelius Resources Limited • RIU Sydney Resources Round-up - M

  18. Slide 18: Exploration – Coogee (WA)

    Exploration – Coogee (WA) For personal use only  Anomalous gold & elevated copper response associated with deeper granodiorite (non-magnetic) intrusive – 600m west of pit  Anomalous intersection of 23m @ 0.38 g/t Au from 42m in CORC0016 with coincident copper up to 16m at 0.09% Cu  4m @ 2.76 g/t

  19. Slide 19: Exploration – Tanami JV (NT)

    Exploration – Tanami JV (NT) For personal use only  1,700km2 of prospective geology – earn-in 85% from Tychean (ASX: TYK)  Under-explored and within 100km of Newmont’s 4.5Moz Callie Gold Mine and Granites Treatment Plant  Walk-up Callie-style drill target associated with fold closure within grant

  20. Slide 20: Exploration – Fraser Range (WA)

    Exploration – Fraser Range (WA) For personal use only  Coincident magnetic & gravity anomaly within Albany–Fraser Province  Magnetic modelling identified target ~200mbs  RC drill hole failed to penetrate through Eucla Basin cover  Planning to re-enter the 177m deep RC hole to test the target wit

  21. Slide 21: Exploration – Condobolin & Tomalla (NSW)

    Exploration – Condobolin & Tomalla (NSW) For personal use only  Two new farm-in + JV deals in central and north-eastern NSW  Targeting low sulphidation epithermal veins at Condobolin between Mineral Hill (360koz Au) and Lake Cowal (+5Moz Au), adjacent to Gilmore Suture  Targeting Intrusive relate

  22. Slide 22: Exploration – Condobolin & Tomalla (NSW)

    Exploration – Condobolin & Tomalla (NSW)  Condobolin JV - Central NSW Tomalla Option – North-East NSW For personal use only  Condobolin JV – earn 80% from Clancy (ASX: CLY)  Planning underway to extend IP survey north to identify resistive and/or chargeable trends around shallow bottom of hole go

  23. Slide 23: Exploration – Timeline

    Exploration – Timeline For personal use only Active Exploration Program Exploration Timeline Mar-15 Apr-15 May-15 Jun-15 Brownfields Blackmans - Mt Magnet (WA) Assessment Drilling Resource Modelling Coogee (WA) Assessment Drilling Kathleen Valley - Expl. (WA) Assessment Drilling Assessment Mount Mag

  24. Slide 24: Summary - The Investment Case

    Summary - The Investment Case For personal use only Australian +80kozpa gold producer in a strong financial position to progress near term, high grade development projects Operations Upside Capital Position Ramelius Resources Limited • RIU Sydney Resources Round-up - May 2015 24

  25. Slide 25: Thank you

    Thank you For personal use only Contact details:  Mark Zeptner – Chief Executive Officer  Phone – +61 8 9202 1127  Email – reception@rameliusresources.com.au  Website – www.rameliusresources.com.au Ramelius Resources Limited • RIU Sydney Resources Round-up - May 2015 25

  26. Slide 26: Production Targets, Mineral Resources and Ore Reserve Note

    Production Targets, Mineral Resources and Ore Reserve Note For personal use only ¹ All Mt Magnet Production targets are based on Ore Reserves only. For detailed information relating to Mt Magnet Mineral Resources and Ore Reserves see ASX release (RMS) 3 Sept 2014, ‘Resources and Reserves Statement’.

  27. Slide 27: Mineral Resource Statement

    Mineral Resource Statement MINERAL RESOURCES AS AT 30 JUNE 2014 - INCLUSIVE OF RESERVES For personal use only Measured Indicated Inferred Total Resource Deposit For detailed information relating to Mt Magnet Mineral Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t Oz ('000s) g/t Oz ('

  28. Slide 28: Ore Reserve Statement

    Ore Reserve Statement ORE RESERVE STATEMENT AS AT 30 JUNE 2014 For personal use only Proven Probable Total Reserve For detailed information relating to Tonnes Au Au Tonnes Au Au Tonnes Au Au Mt Magnet Ore Reserves see ASX ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz release (RMS) 3 Sept 2014, ‘Resou

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