Oceanagold Corporation · TSX:OGC
Oceanagold — Sydney Mining Club (May 2016)
29 slides from Oceanagold's conference presentation, May 5, 2016
Slide 1: Coming to America
Coming to America May 5 2016 Sydney Mining Club Mick Wilkes, President & CEO
Slide 2: Cautionary & Technical Statements
Cautionary & Technical Statements Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer t
Slide 3: Presentation Themes
Presentation Themes OceanaGold Coming to America Growth Baseball Mining Gridiron Gold Donald Trump 3
Slide 4: 2011: A New Era Begins
2011: A New Era Begins Didipio New Zealand Something special Leveraging experience & cash flows 25 years operating experience in NZ with a New management team deep pool of talent Self perform strategy for Project Execution NZ assets generating cash flows 4
Slide 5: What’s to Like About America?
What’s to Like About America? The Big G? Big cities and $$$$ ? Politics? Baseball? Gridiron? Fast Food? Uncle Sam? Nevada? Hollywood? Shock and Awe??? 5
Slide 6: The Baseball Paradigm
The Baseball Paradigm Major League Baseball Stadium The ole bat flip after a home run Toronto, Canada Today, more than 100 countries play Boston Americans won first world series in baseball 1903 New York Yankees have won the most # of 9 innings – home plate & 3 bases World Series with 27 6
Slide 7: The Game Plan
The Game Plan We will be a mid-tier, multinational gold producer delivering superior shareholder returns in a safe and sustainable manner by developing and operating high quality assets. We will be the partner, employer and mining company of choice. Deliver consistent & positive results Maximising v
Slide 8: First Base
First Base Didipio “the mine that would never be built” Commercial production Final Stage of open pit commenced Underground development April 1, 2013 March 2016 underway Developed by in-house development team Transitioning to underground Optimised in 2014 delivering additional Philippines’ prospecti
Slide 9: There For Nine Innings or More
There For Nine Innings or More Fantastic exploration potential for more porphyries 9
Slide 10: Strengthening the Dugout
Strengthening the Dugout Waihi acquisition consolidates the foundations of the business Magazine Admin Office P&P Reserves (Dec 31/15) Gold: 2.1Mt @5.6g/t = 0.38 Moz Crusher and Stamilers UG Portal Ventilation shaft Silver: 2.2Mt @18.7g/t = 1.28 Moz Mill Polishing and M&I Resources (Dec 31/15) Colle
Slide 11: Coming to the Americas
Coming to the Americas 2007 IPO on the TSX Didipio Vancouver Haile Waihi Melbourne Reefton Macraes 11
Slide 12: OceanaGold shareholder register shift
Link Between Americas & OceanaGold Strong investor interest migrates register to North America, Europe Asia 2% United States 34% Australia/NZ 38% TOP SHAREHOLDERS* 1 Blackrock (London) Shareholder Register In 2012 2 Van Eck Associates (NYC) 3 Ingalls & Snyder (NYC) Canada 4 Norges Bank IM (Oslo) Eur
Slide 13: Going for Second Base
Going for Second Base Oceana’s big splash into the US with Romarco acquisition WHAT WE PAID Transaction Price (1 Oct 2015) ~$416m ADDITIONAL CAPEX OGC Haile Capex Haile (1 Oct 2015) $280m WHAT WE RECEIVED Cash Haile Capex Spent Resource Geological Prospects (1 Oct 2015) (as at 1 Oct 2015) (as at 31
Slide 14: Real Start to the US Gold Rush
Real Start to the US Gold Rush Gold in the Carolinas began the FIRST US gold rush Gold Discovered by Conrad Reed, young boy in 1793 Conrad found a 17-lb gold rock, used as a door stop until 1802 then sold for $3.50 (true value $3,500) Gold rush started with the Reed Family placer mine Haile deposit
Slide 15: It’s Haile not Hailee
It’s Haile not Hailee High quality, robust asset in top-tier jurisdiction P&P Reserves (Dec 31/15) Open Pit Gold 30.5Mt @2.1g/t = 2.02 Moz M&I Resources (Dec 31/15) Open Pit Gold 70.3Mt @1.7g/t = 3.92 Moz Underground Gold 0.8Mt @4.39g/t = 0.12 Moz *Note: Resources are inclusive of reserves Haile Pro
Slide 16: Any Given Sunday
Any Given Sunday Gridiron football is somewhat of a religion in the US MetLife Stadium in New Jersey Football Formation Site of the 2014 Super Bowl Pittsburgh Steelers have won the most # of Derived from soccer and rugby Super Bowls with six Over $330 million in ad revenue was An audible is a tactic
Slide 17: The “Oceana Way”
The “Oceana Way” Design enhancement, project de-risking = more robust operation MINING PROCESS PLANT Mining Enhancements Processing Enhancements Grade control drilling Crushed ore bin: minimise dust ROM Pad: decouple mine from process New flash flotation cell: larger, more plant proven technology Bu
Slide 18: South Carolina: Great place to build a gold mine
South Carolina: Great place to build a gold mine Infrastructure, labour, contractors, equipment Aggregate Mine Arthur Ravenel Jr. Bridge South Carolina Charleston, South Carolina Bitumen roads everywhere Low tax jurisdiction Skilled labour and sophisticated contractors Secure tenure 18
Slide 19: Haile Construction Schedule
Haile Construction Schedule 2016 Q1 Q2 Q3 Q4 Process Plant Civil works Structural, Mechanical, Piping Electrical, Instrumentation, Controls Tailings Storage Facility Mining infrastructure Not to scale KEY MILESTONES First Ore Through Mill Commercial Production End of 2016 Early 2017 19
Slide 20: What’s Happening Now at Haile
What’s Happening Now at Haile Process Plant April 29 2016 20
Slide 21: What’s Happening Now at Haile
What’s Happening Now at Haile Mining April 29 2016 21
Slide 22: What’s Happening Now at Haile
What’s Happening Now at Haile PAG/PAF Cell Phase One Complete April 29 2016 22
Slide 23: Potential For More at Haile
Potential For More at Haile Significant Exploration Potential Horseshoe Mustang Palomino US$950/oz Open Pit Shell & Underground Targets 40km+ of drilling planned at Haile & Advancing study to operate open pit & regional underground Seeking to grow production to 250koz / yr Drilling underground Horse
Slide 24: Haile Exploration Results
Haile Exploration Results DRILL RESULTS AT HORSESHOE* Horseshoe Deposit Long Section True Au Drill Hole From (m) Width Grade (m) (g/t) DDH-519 173.7 21.3 21.66 198.1 23.5 6.55 DDH-520 164.4 10.9 1.36 184.2 13.9 1.15 202.7 14.2 1.53 DDH-518 169.5 11.6 2.43 183.5 13.0 5.47 201.9 13.3 10.57 including 2
Slide 25: Potential For More?
Potential For More? Extensive geological system that stretches wide and far 25
Slide 26: Go West
Go West Life is peaceful there Wild, Wild West US Territorial Expansion Photo of Billy the Kid Initial westward movement was in search The Old West produced legendary for new land to farm and hunt characters: Jesse James, Wyatt Earp Gambling in Las Vegas legalized in 1931; California Gold Rush 1848
Slide 27: Viva Las Vegas
Viva Las Vegas Not quite but close STRATEGIC INVESTMENTS IN PROLIFIC GOLD TRENDS Gold Standard NuLegacy Ventures Carlin Trend, Cortez Trend, Location Nevada Nevada Project Railroad-Pinion Iceberg Equity Stake 19.1% 19.9% # Shares Owned 39.3m 47.7m C$30.3m C$6.7m Total Investment (C$0.77 / share) (C$
Slide 28: What Else Have We Learned
What Else Have We Learned Oh Say Can You See Grits The Donald a common breakfast in the US South Politics is a sport Third base is out there somewhere Donald Trump should be good for gold There are TONS of gold in the Americas 28
Slide 29: www.oceanagold.com
y / www.oceanagold.com 4) Innovation ¢ Performance ¢ Growth OCEANAGOLD