Tanami Gold Nl · ASX:TAM
Tanami Gold Nl — Investor Presentation (May 2010)
29 slides from Tanami Gold Nl's investor presentation, May 5, 2010
Slide 1: Production, Performance, Potential…
For personal use only ASX:TAM Production, Performance, Potential… Building a 200,000oz per annum Australian gold producer May 2010
Slide 2: 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 3: A Snapshot...
A Snapshot... Past Achievements Forward Programme For personal use only Constructed and Commissioned 250Ktpa Upgrade Western Tanami Plant to Western Tanami Operations 600Ktpa 50,000oz pa production at Western Grow production with plant upgrade by Tanami Operations 20-50% (60-70,000oz pa) Completed $
Slide 4: Corporate
For personal use only Corporate Item Value Share Price 5.3 cents1 Shares Outstanding 3.54 billion Market Capitalisation $198.0 million Cash and cash equivalents $9.8 million2 Debt $52.5 million2 Enterprise Value $241 million2 Note 1 - Share price at 16 April 2010 Note 2 - As at 31 March 2010 The Tan
Slide 5: Key Assets
Key Assets Western Tanami Project (100%) For personal use only Central Tanami Project (100%) Strategic Alliance with ABM Resources NL ( 22% ) Exploration Portfolio (approx 5000 km2) - 35 advanced prospects The Tanami Trio – Immediate cash flow, substantial production growth, outstanding expl
Slide 6: Tanami - ABM Strategic Alliance
Tanami - ABM Strategic Alliance TANAMI – ABM MODEL (Tanami ownership ~22%) For personal use only ABM Tanami Exploration outside 50km radius of Production focus production centres Two production centres Specialised exploration team Exploration within 50km (fully funded) trucking radius of
Slide 7: Key Operating and Financial Information
For personal use only Key Operating and Financial Information Qtr Tonnes Grade g/t Ounces Recovery Cash Cost Treated Per oz Sep-09 72,138 5.5 12,821 97.3 $660 Dec-09 49,465 7.6 11,783 96.9 $746 Mar-10 50,583 6.7 10,456 96.1 $672 TOTAL 172,186 6.5 35,061 96.8 $691 The Tanami Trio – Immediate cash flo
Slide 8: Western Tanami Operations
For personal use only Western Tanami Operations Forecast Gold production ~50,000oz pa Open pit and Underground operations Current Surface ore ROM stockpile +100kt [~10,000ozs] Proposed upgrade of treatment plant [250Ktpa - 600Ktpa] 422,000oz resources 5.3g/t Au The Tanami Trio – Immediate
Slide 9: Western Tanami Operations
For personal use only Western Tanami Operations Direction of Plunge The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 9
Slide 10: Coyote – Schematic Long Section
Coyote – Schematic Long Section High-grade mine with outstanding growth potential For personal use only Indicated and Inferred Resources of 629,000 tonnes @ 12.2g/t Au for 246,000oz (30 June 2009) The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration poten
Slide 11: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 11
Slide 12: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 12
Slide 13: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 13
Slide 14: Bald Hill Satellite Operations
For personal use only Bald Hill Satellite Operations 35km north of Western Tanami treatment plant Two open pits – Sandpiper and Kookaburra Staged approach to mining Excellent grade / tonnage reconciliation Exploration success highlights underground potential The Tanami Trio – Immediate cas
Slide 15: Sandpiper
Sandpiper Current Indicated and For personal use only Inferred Resource: 792,000t @ 3.4g/t Au for 88,000ozs Recent drilling strengthens resource potential below open pit: 15.1m @ 6.1g/t Au incl 8.8m @ 9.6g/t 5.0m @ 7.3g/t Au [latest result] Open down plunge…….. • Outstanding growth potential The
Slide 16: Central Tanami Project
For personal use only Central Tanami Project Acquired from Newmont for $22M Purchase price $43/oz [no value assigned to treatment plant / infrastructure / exploration] Acquisition includes: 516,000oz JORC Resource (2001) 1.2Mtpa treatment plant and extensive infrastructure ~ 2,000 km2 ex
Slide 17: Central Tanami Project
For personal use only Central Tanami Project 2.1Moz historic production endowment Located 130km west of world-class Callie-Granites production centre 21 Mineral Leases (125km2) 16 Exploration Licences (~2,000km2) 43 open pits (40 to 120m in depth) Substantial production from Groundrush (
Slide 18: Hurricane-Repulse
For personal use only Hurricane-Repulse The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 18
Slide 19: Hurricane-Repulse
For personal use only Hurricane-Repulse The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 19
Slide 20: Carbine
For personal use only Carbine The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 20
Slide 21: Groundrush Open Pit
For personal use only Groundrush Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 21
Slide 22: Central Tanami Project – Resources
Central Tanami Project – Resources 516,000oz JORC resources last estimated in 2001 For personal use only Resources being re-optimised at current gold price – due mid-2010 Measured Indicated Inferred Total Deposit Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Grade (g/t) Tonnes (g/t) (g/t)
Slide 23: Resource Upgrade
Resource Upgrade New JORC Code resource 1.06Moz For personal use only 105% increase on previous estimate Measured Indicated Inferred Total Deposit Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Grade (g/t) Tonnes (g/t) (g/t) MLS153 578,000 2.3 744,000 2.2 441,000 3.9 1,763,000 2.7 515,000 M
Slide 24: Central Tanami Proposed Development Schedule
Central Tanami Proposed Development Schedule For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 24
Slide 25: Summary ... realising our potential
Summary ... realising our potential Aiming to become a leading mid-tier gold producer and dominant For personal use only player in Australia by: Maintaining experienced and dedicated management team [runs on the board] Growing gold production from Tanami Operations - 50,000 to 200,000oz pa B
Slide 26: ASX Gold Sector – Market Cap Comparison
For personal use only ASX Gold Sector – Market Cap Comparison The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 26
Slide 27: ASX Gold Producers Comparison
ASX Gold Producers Comparison Tanami growing into a new league of Australian gold producers For personal use only Expanding from 50,000ozpa to 200,000ozpa over 2 years The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 27
Slide 28: ASX Gold Producers – EV/Resource Ounce
ASX Gold Producers – EV/Resource Ounce Significant potential to increase resources at both the Central and Western Tanami Projects For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 28
Slide 29: Production, Performance, Potential…
For personal use only ASX:TAM Production, Performance, Potential… Building a 200,000oz per annum Australian gold producer The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential May 2010