Slide 1: Plutonic Gold Mine Operations
Plutonic Gold Mine PLUTONIC Operations AU STR ALIA 2 Down Under 2003Mine Tour November 12 , 2003 1
Slide 2: Location of Operations and Historic Note
Plutonic Gold Mine Plutonic Gold Mine: Location of Operations Plutonic Barrick Operations Newmont Operations Placer Operations Darlot Lawlers 0 500km Scale AU STR ALIA 3 Plutonic Gold Mine: Historic Note 1987 - 1989 New discovery by Great Central and acquisition by Plutonic Resources 1990 Commen
Slide 3: Safety and Property Overview
Plutonic Gold Mine Plutonic Gold Mine: Safety Lost Time Injury Frequency Rate All Injury Frequency Rate 20 200 18 16 180 Lost Time Injury Frequency Rate 14 All Injury Frequency Rate 12 160 10 8 140 6 4 120 2 0 100 Oct-98 Oct-99 Oct-00 Oct-01 Oct-02 Jan-98 Jul-98 Jan-99 Jul-99 Jan-00 Jul-00 Jan-01 Ju
Slide 4: Geology and Mine Plan
Plutonic Gold Mine Plutonic Gold Mine: Geology Hosted in Archaean mafic and ultramafic volcanics and sediments Lodes developed in mafic volcanic units Gold associated with sulfides Multiple stacked lodes arranged in thicknesses between 1-10 meters (approx: 3 - 35 feet) AU STR ALIA 7 Plutonic
Slide 5: Mining and Processing
Plutonic Gold Mine Plutonic Gold Mine: Marwest Pit-Section 20560N East West Section AU STR ALIA 9 Plutonic Gold Mine: Mining and Processing Underground access by multiple interconnecting declines Producing 1,200,000 tpa from underground Mining - room and pillar and long hole open stoping Pas
Slide 6: Room and Pillar; Long Hole Open Stoping
Plutonic Gold Mine Plutonic Gold Mine: Mining - Room and Pillar Initial network of development drifts in ore Multiple production Pillar focus Pillar Vertical Vertical Load and haul Benching Benching Breast stoping Vertical benching Front Front Support pillars Benching Benching progressiv
Slide 7: Ore Processing
Plutonic Gold Mine Plutonic Gold Mine: Ore Processing Plant 1 AU STR ALIA 13 Plutonic Gold Mine: Ore Processing (cont.) Plant 2 AU STR ALIA 14 Down Under 2003Mine Tour November 12 , 2003 7
Slide 8: Production/Cost Summary and Operating Costs
Plutonic Gold Mine Plutonic Gold Mine: Production/Cost Summary Gold Cash Cost per Ounce 350,000 250 300,000 200 250,000 $US/Ounces 150 200,000 Ounces 150,000 100 100,000 50 50,000 0 0 1999 2000 2001 2002 2003E AU STR ALIA 15 Plutonic Gold Mine: Operating Costs A$/ton 3rd Quarter 2003 YTD 2003 Cost p
Slide 9: Operating Parameters; Environmental and Community Achievements
Plutonic Gold Mine Plutonic Gold Mine: Operating Parameters Units 1999 2000 2001 2002 2003 E Tonnage Milled Tons ‘000s 3,344 3,347 3,496 3,532 2,993 Head Grade oz/ton 0.082 0.085 0.091 0.097 0.118 Recovery % 86.0 89.1 91.3 89.5 89.4 Gold Production oz ’000s 236 254 288 307 315 AU STR ALIA 17 Environ
Slide 10: Reserves and Production; Reserves/Resources
Plutonic Gold Mine Plutonic Gold Mine: Reserves and Production 6000 O/P Production U/G Production O/P Reserves U/G Reserves 5000 4000 Ounces (000's) 3000 2000 1000 0 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 AU STR ALIA 19 Plutonic Gold Mine: Reserves/Resources 31st Dec 2
Slide 11: Exploration Targets
Plutonic Gold Mine Plutonic Gold Mine: Exploration Targets AU STR ALIA 21 Plutonic Gold Mine: Timor Oblique Section 36800mN AU STR ALIA 22 Down Under 2003Mine Tour November 12 , 2003 11
Slide 12: Future Plans and Cautionary Statement
Plutonic Gold Mine Plutonic Gold Mine: Future Plans Develop new Open Pits on the Marymia tenements Develop underground satellite deposits Phase out Treatment Plant 2 in 2004 Continue infill drilling in Timor Zone19 and Zone 124 Expand exploration west of Zone19 Drill further extensions t
Slide 13: Plutonic
Plutonic Gold Mine PLUTONIC Down Under 2003Mine Tour November 12 , 2003 13