Citigold Corporation Limited · ASX:CTO
Citigold — ASX International Investor Conference 2009
21 slides from Citigold's conference presentation, Feb 26, 2009
Slide 1: Investor Roadshow Presentation announcement
www.citigold.com eGOLD corporation ANNOUNCEMENT Investor Roadshow Presentation 26 February 2009: Brisbane, Australia — Citigold Corporation Limited (Citigold) (ASX:CTO, NASDAQ Dubai:CTO, FSE:CHP) advises that the Managing Director and Chairman of the Company are presenting to various fund managers a
Slide 2: Growth Built on Gold
For personal use only “Growth Built on Gold” February 2009 Citigold Corporation Limited 1
Slide 3: Disclaimer
Disclaimer For personal use only 1. Current Statistics Forward Looking Statements This presentation is intended to provide general information and is not intended to constitute legal, financial, accounting, tax, investment consulting or other professional advice or services. The information that is
Slide 4: Contents
Contents Brochure to the World For personal use only 3
Slide 5: Citigold Value Differentiators
Citigold Value Differentiators For personal use only 1. Gold producer 2. Large gold deposit 3. High grade 4. 10 M/oz Resource 5. Long life mine 6. Major gold plant 7. Reserve growth 8. Single efficient mine 9. Low operating cost 10. Good infrastructure “Proven performer with strategy and determinati
Slide 6: Our Business is mining gold at a low cost
For personal use only Our Business is mining gold at a low cost and increasing the $value of the large gold asset in the 5 ground.
Slide 7: Citigold Top Performer in 2008
Citigold Top Performer in 2008 For personal use only Citigold ‘CTO’ Blue Line “During recent troubled times Citigold has outperformed both the ASX top 300 index and the (a) Bonanza deposits are gold deposits over 10g/t tonne that yield over 5 million ounces ASX gold index by over 90% and 50% respect
Slide 8: Charters Towers Goldfield
Contents Charters Towers Goldfield For personal use only Dubai Australia’s largest high-grade gold deposit 10 million ozs 7
Slide 9: 2008 to 2009 was a Good Year
2008 to 2009 was a Good Year For personal use only Revenue up $12 M Gold sales A$917 /oz Cash cost A$495 /oz Mine rate 16,000 oz/yr Expansion started High Grade 11.7 g/t Funding for Growth (a) Bonanza deposits are gold deposits over 10g/t tonne that yield over 5 million ounces 8
Slide 10: Strong Audited Asset Growth
Strong Audited Asset Growth For personal use only 9
Slide 11: Gold Extraction Plant
Gold Extraction Plant For personal use only “Mineral rights plus surface and underground mining infrastructure wholly owned and (a) Bonanza deposits are gold deposits over 10g/t tonne that yield over 5 million ounces 10 operated by Citigold”
Slide 12: Large High Grade Gold Asset
Large High Grade Gold Asset For personal use only Reefs over 3km long ffff “Large gold deposits are very rare” 11
Slide 13: Expanding Underground Output
Expanding Underground Output For personal use only (a) Bonanza deposits are gold deposits over 10g/t tonne that yield over 5 million ounces “Growth Plan 16,000 to 300,000 ounces per year” 12
Slide 14: Drilling to Expand Gold Asset
Drilling to Expand Gold Asset For personal use only “Drilling program is underway to further increase the value of gold in the ground” (a) Bonanza deposits are gold deposits over 10g/t tonne that yield over 5 million ounces 13
Slide 15: Gold in the Ground is Valuable
Gold in the Ground is Valuable For personal use only Gold is currently trading for over A$1,400 per oz. Citigold’s share price market capitalisation implies our gold in ground currently ‘costs’ an Gold is RARE (real money) and the Central investor under A$20 per oz. Bank’s and governments now ho
Slide 16: Very High Grade Gold Ore
Very High Grade Gold Ore For personal use only Sample 2 metres wide @ 2.4 oz/tonne (a) Bonanza deposits are gold deposits over 10g/t tonne that yield over 5 million ounces “The high grade gold ore is easy to see” 15
Slide 17: Low Cost Mechanised Mining
Low Cost Mechanised Mining For personal use only 1. Cash cost to mine gold budget A$350 /oz. 2. Sales revenue budgets A$900 /oz (currently over A$1,400 /oz). 3. Forecast mine life of 30 years. 4. Unhedged. Gold upside. 5. Large high-grade gold (a) Bonanza deposits are gold deposits over 10g/t tonne
Slide 18: International Standard Deposit
International Standard Deposit For personal use only JORC Compliant. Over 1,850 holes. Gold starts near surface. Resource to Reserve upgrade underway. 80% Target Conversion. JORC Category TONNES GRADE g/t Contained ounces Inferred Mineral Resources 23,000,000 14 10,000,000 Indicated Minera
Slide 19: Low Cost to Extract the Gold
Low Cost to Extract the Gold For personal use only 300 70% 63% 63% 63% 63% 58% 60% 250 53% 50% 200 42% A$ millions 40% 150 30% 100 20% 50 10% - 0% 30-Jun-09 30-Jun-11 30-Jun-13 30-Jun-15 Total Revenue Operating Costs Gross Profit Margin Assumes A$850/ ounce gold revenue “Gross profit margin grows as
Slide 20: Proven Leadership Team
Proven Leadership Team For personal use only “Corporate, operations and technical leadership team is very experienced in efficient and responsible mining on the Charters Towers goldfield” 19
Slide 21: Growth Built on Gold
For personal use only “Growth Built on Gold” for further information visit www.citigold.com ASX code ’CTO’ & Level 1 ADR BNYM code ‘CTOHY’ Market Capitalisation @ A30c : A$221M Total Shareholders: 9,630 Top 20 hold: 41% Head Office: Brisbane, Australia 20
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