Vault Minerals Limited · ASX:VAU
Vault Minerals — Red 5 — Shareholder Meeting (November 2016)
23 slides from Vault Minerals's shareholder meeting presentation, Nov 22, 2016
Slide 1: Annual General Meeting – 22 November 2016
For personal use only Annual General Meeting – 22 November 2016 Mark Williams, Managing Director ASX Code: RED
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement For personal use only Competent Person Statements for JORC 2012 Mineral Resource and Ore Reserves The information in this report that relates to the Mineral Resources at the Mapawa Project is extracted from the report titled Maiden 289,000oz Gold Resource
Slide 3: Corporate Snapshot
Corporate Snapshot Unhedged and debt-free ASX-listed gold producer operating in the Philippines For personal use only ASX Code RED Directors and Management Share price (as at 21 November 2016) A$0.105 Kevin Dundo – Chairman Issued shares 761.9M Mark Williams – Managing Director Market capitalisation
Slide 4: Siana Gold Project – Location
Siana Gold Project – Location Located in a highly prospective and well-established mining region For personal use only 4
Slide 5: Milestones Achieved
Milestones Achieved Strong, safe gold operations and a clear pathway to transition to underground mining For personal use only 1. FY2016 gold production of 59,663oz 2. Significant reduction in operating costs, with decrease in waste-to-ore strip ratio 3. Sustainable development performance – success
Slide 6: Open Pit Mining Operations
Open Pit Mining Operations Consistent performance with reducing cost profile For personal use only Gold production for the financial year of 1,200,000 350,000 1. 313,276 Strong 1,087,790 production 59,663oz performance 300,000 1,000,000 269,068 2. Mining activities focused on completion of Stage
Slide 7: Open Pit Mining Operations
Open Pit Mining Operations Consistent performance with reducing cost profile For personal use only All-in sustaining cost (AISC) of 2,000 1. Strong production A$1,458/oz and average gold price 1,800 1,799 1,724 1,778 1,673 performance received of A$1,612/oz 1,600 1,561 2. Reduced Reducing cost p
Slide 8: Outstanding Performance in Sustainable Development
Outstanding Performance in Sustainable Development Completion of DENR audit For personal use only 1. Strong production performance Audits of large-scale mining operations completed by Philippines Department of 2. Reduced Environment and Natural Resources operating (DENR) – Greenstone Resources cos
Slide 9: Outstanding Performance in Sustainable Development
Outstanding Performance in Sustainable Development Zero lost-time injuries in FY2016 For personal use only 1. Strong No Lost-Time Injuries (LTI’s) and above industry average performance on Total production Recordable Injury Frequency Rate (TRIFR) of 1.2 for almost 3.5 million hours worked performa
Slide 10: Siana – Underground Feasibility Study
Siana – Underground Feasibility Study A blueprint to deliver future growth at Siana For personal use only 1. Updated Feasibility Study completed in June 2016 Strong production by mining consultants, Mining One Pty Ltd performance Forecast production of ~60,000oz pa over initial 8- 2. Reduced yea
Slide 11: Siana – Underground Mining Method
Siana – Underground Mining Method Proven mining method, good productivity, reasonable costs For personal use only 1. Mine plan based on use of a conservative Strong production short up-hole retreat mining method with performance cemented paste-fill for ore extraction 2. Reduced Proven mining met
Slide 12: Siana – Underground Production Profile
Siana – Underground Production Profile Robust economics with relatively modest capital cost estimate For personal use only 600,000 7.00 Projected 12-month 1. Strong production timeline to access performance 6.00 500,000 underground ore Total Ore Production & Grade 2. Reduced operating 5.00 Un-dr
Slide 13: Mapawa Project
Mapawa Project Scoping Study completed; longer term exploration upside For personal use only 1. Strong Strategic development and growth production performance opportunity, located 20km north of 2. Siana Reduced operating JORC 2012 Indicated and Inferred costs Mineral Resource for LSY deposit of
Slide 14: The Year Ahead: Key Objectives
The Year Ahead: Key Objectives 2017 set to be a milestone year for Red 5 For personal use only 1. Deliver open pit production plan (17,062 ounces produced in September 2016 quarter), subject to current review of open pit mining strategy 2. Implement long-term tailings storage management facility 3.
Slide 15: Long-term Tailings Facility
Long-term Tailings Facility Implement new tailings management solution For personal use only 1. Low cost Existing TSF facilities sufficient to accommodate open pit operational needs until at least the end of the production March 2017 Quarter, depending on settlement 2. densities achieved Implement
Slide 16: Siana – Underground Development
Siana – Underground Development Transition to underground mining by the end of 2017 For personal use only 1. Geotechnical drilling and installation of Vibrating Low cost open pit Wire Piezometers (VWP) for the underground mine production dewatering program completed 2. Implement Contract awarded
Slide 17: Exploration and Growth
Exploration and Growth Surigao del Norte – one of the most mineralised provinces in one of the most mineralised countries globally For personal use only 1. Exploration targets identified Low cost Increase in near-mine and regional exploration open pit production activities 2. Implement long-term
Slide 18: Alegria Area
Alegria Area Exploration to commence in the second half of 2016 For personal use only Previous exploration identified 1. Low cost open pit three significant prospects – production Alipao, Madja and Budlingin 2. Implement long-term All three prospects show TSF solution coincident geochemical and
Slide 19: Mapawa Block II
Mapawa Block II Exploring a new area For personal use only 1. Low cost open pit production 2. Implement long-term St TSF solution Nino LSY 3. Progress underground development 4. Regional exploration initiatives 5. Commitment to sustainability Free gold collected during a recently initiated rock sa
Slide 20: Sustainable Development Initiatives
Sustainable Development Initiatives Strong commitment to health and safety, community and environmental programs For personal use only 1. Support continues in the areas of: Low cost open pit Health production Community education 2. Implement Welfare long-term Agricultural TSF solution Infr
Slide 21: Sustainable Development Initiatives
Sustainable Development Initiatives Strong commitment to health and safety, community and environmental programs For personal use only 1. Low cost Significant contributor to local communities open pit production and to the regional and national economy in the Philippines: 2. Implement long-term
Slide 22: Presentation Overview: Key Pillars
Presentation Overview: 5 Key Pillars ASX-listed gold producer operating in the Philippines For personal use only 1. Low-cost gold production from open pit operations at Siana Strong gold production of 59,663oz for FY2016 Reducing cost profile due to reduction in waste-to-ore ratio from July 2016
Slide 23: Thank you
For personal use only Thank you Mark Williams (Managing Director) Web: www.red5limited.com E-mail: info@red5limited.com 23 23