Tanami Gold Nl · ASX:TAM
Tanami Gold Nl — Investor Presentation (May 2012)
38 slides from Tanami Gold Nl's investor presentation, May 14, 2012
Slide 1: Building an Australian mid tier gold producer
For personal use only ASX:TAM May 2012 Building an Australian mid tier gold producer
Slide 2: Tanami – A Compelling Investment Opportunity
Tanami – A Compelling Investment Opportunity For personal use only Significant Exploration Potential (Brownfields and Greenfields) Multiple exploration targets – Resource extensions and regional Very large tenement holding – 4,341km2 Granted tenements with Traditional Owner agreements in place
Slide 3: Corporate
For personal use only Corporate ASX Code: TAM Value Shares on Issue 261.1 million Market Cap (A$0.84)1 A$219 million Debt2 A$21.9 million 1. Share price at 1 May 2012 2. As at 31 March 2012 Allied Properties Resources – 23.5% Sun Hung Kai Investments – 12.7% Retail/Institutions/Other – 63.8% Top 40
Slide 4: Tanami Gold NL – Project Location
For personal use only Tanami Gold NL – Project Location 4
Slide 5: Tanami Gold - Project Snapshots
Tanami Gold - Project Snapshots Western Tanami Operations (100%) Central Tanami Project (100%) For personal use only Resources1 3,104,000t @ 5.4g/t for 538,000oz 21,277,000t @ 3.0g/t for 2,031,000oz Resource Class Approx. 55% Measured and Indicated Approx. 70% Measured and Indicated Reserves2 31/3/1
Slide 6: Western Tanami – Coyote & Bald Hill
For personal use only Western Tanami – Coyote & Bald Hill Coyote Operations Coyote Operations - the centre of activity for the Western Tanami tenements Coyote – high grade underground operations commissioned late 2007 Coyote underground Resource1 880,000t @ 11.0g/t 312,000oz as at 30 September
Slide 7: Coyote Conceptual Exploration Model
For personal use only Coyote Conceptual Exploration Model 7
Slide 8: Western Tanami Exploration Potential
For personal use only Western Tanami Exploration Potential Multiple prospects to test, all within trucking distance of the Coyote treatment plant 2011-12 exploration budget $3-5M Model – single plant with feed from multiple ore sources 8
Slide 9: Central Tanami - Key Growth Driver
Central Tanami - Key Growth Driver For personal use only 9
Slide 10: Central Tanami Acquisition – March 2010
Central Tanami Acquisition – March 2010 Acquired from Newmont in March 2010 for $22M For personal use only ~ 2.1Moz historic production Extensive infrastructure (power, water, etc) 0.5Mozs JORC Resource (2010) ~ 2,000 km2 exploration package 1.2Mtpa treatment plant 10
Slide 11: Central Tanami – Plant & Infrastructure In Place
Central Tanami – Plant & Infrastructure In Place For personal use only Central Tanami Plant 90km to the east of the Coyote Gold Mine 1.2Mtpa treatment plant ceased operations in 2005 after Newmont completed processing Groundrush open pit ore. Feasibility Study – timetable being finalised. • Ta
Slide 12: Central Tanami Project – Under Explored
For personal use only Central Tanami Project – Under Explored 43 historic open pits Historic production of >2 million oz Average depth of pits ~100m Majority drilled to ONLY 150m 64km of contiguous mining & exploration licences covering the main mineralised trend 12
Slide 13: Central Tanami Schematic Long Section
For personal use only Central Tanami Schematic Long Section 13
Slide 14: Central Tanami Schematic Long Section
For personal use only Central Tanami Schematic Long Section 14
Slide 15: Groundrush Open Pit – ML 22934
For personal use only Groundrush Open Pit – ML 22934 15
Slide 16: Groundrush - Minimal Historic Deep Drilling
For personal use only Groundrush - Minimal Historic Deep Drilling
Slide 17: Groundrush - Resource Growth April 2011
For personal use only Groundrush - Resource Growth April 2011
Slide 18: Groundrush - Resource Growth Sept 2011
For personal use only Groundrush - Resource Growth Sept 2011
Slide 19: Groundrush Resource Growth – Sept 2011
For personal use only Groundrush Resource Growth – Sept 2011
Slide 20: Groundrush Proposed Mine Plan
For personal use only Groundrush Proposed Mine Plan
Slide 21: Groundrush Open Pit – ML 22934
For personal use only Groundrush Open Pit – ML 22934 21
Slide 22: Groundrush – Drill Targets
For personal use only Groundrush – Drill Targets
Slide 23: Groundrush New Drill Results
For personal use only Groundrush New Drill Results 23
Slide 24: Groundrush - high grade vein in NE end of current Resource
Groundrush - high grade vein in NE end of current Resource For personal use only 24
Slide 25: Groundrush Schematic Cross Section
For personal use only Groundrush Schematic Cross Section 25
Slide 26: Exploration Potential of Groundrush Dolerite
For personal use only Exploration Potential of Groundrush Dolerite ML 22934 – Ripcord evaluation and study suggests a Groundrush analogue...near term drill target 26
Slide 27: Central Tanami Exploration Potential
For personal use only Central Tanami Exploration Potential Over 100kms of highly prospective “trend” to test (to date mostly shallow <50 metre drilling) All clearances in place to commence drilling on the exploration licences (Central Tanami exploration budget 2012 $15M) Priority prospects Rip
Slide 28: Resource Growth Since 2009
Resource Growth Since 2009 1 For personal use only 2 1. Refer Slide 33 2. Refer Slide 36 28
Slide 29: Company Highlights
For personal use only Company Highlights Tanami Gold NL is an Australian gold company - 100% of assets in Australia Targeting total Coyote and CTP production - 180,000 to 200,000ozpa Strong platform for growth - 2.6Moz Resource1 and 0.4Moz Reserve2 Groundrush deposit - developing into a comp
Slide 30: Any Questions?
For personal use only ASX:TAM ANY QUESTIONS? Building an Australian mid tier gold producer May 2012
Slide 31: Board & Senior Management
Board & Senior Management Board/Management Member Experience For personal use only Arthur is a non-practising barrister with a broad range of corporate and business experience and has served as a director, and in Arthur Dew some instances chairman of the board of directors, of a number of public lis
Slide 32: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement Disclaimer & Forward-Looking Statements For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Tanami Gold NL and its projects, are forward-looking statements. S
Slide 33: Tanami Gold NL Ore Reserves as at March 2011
Tanami Gold NL Ore Reserves as at 31 March 2011 Reserve Category For personal use only Project Proven Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces WT 84,100 10.5 28,500 692,600 4.7 104,400 776,700 5.3 132,900 CT 355,000 5.5 62,400 1,689,000 2.9 159,000 2,044,000 3.4 221
Slide 34: Central Tanami Project Ore Reserves as at March 2011
Central Tanami Project Ore Reserves as at 31 March 2011 Reserve Category For personal use only Mineral Lease Proven Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces MLS153 - - - 363,100 2.4 27,500 363,100 2.4 27,500 MLS167 355,000 5.5 62,400 120,500 5.4 21,100 475,500 5.5 8
Slide 35: Western Tanami Project Ore Reserves as at March 2011
Western Tanami Project Ore Reserves as at 31 March 2011 For personal use only Reserve Category Deposit Proven Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Coyote 84,100 10.5 28,500 231,600 8.4 62,400 315,700 9.0 90,900 Sandpiper - - - 53,000 3.0 5,000 53,000 3.0 5,000 K
Slide 36: Tanami Gold NL Mineral Resources as at September 2011
Tanami Gold NL Mineral Resources as at 30 September 2011 Resource Category For personal use only Project Measured Indicated Inferred Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces WT 497,000 5.5 88,000 1,214,000 6.5 255,000 1,393,000 4.3 194,000 3,104,000 5.4 5
Slide 37: Central Tanami Project Mineral Resources by tenement
Central Tanami Project Mineral Resources by tenement as at 30 September 2011 Resource Category Mineral Measured Indicated Inferred Total For personal use only Lease Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces MLS153 1,051,000 2.2 73,000 3,046,000 2.2 217,000 849,0
Slide 38: Western Tanami Project Mineral Resources as at September 2011
Western Tanami Project Mineral Resources as at 30 September 2011 Resource Category For personal use only Measured Indicated Inferred Total Deposit Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Coyote * 78,000 25.6 64,000 473,000 11.5 174,000 329,000 7.0 74,000 880,0