Slide 1: Quarterly Results September 2012
For personal use only Quarterly Results September 2012
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Evolution Mining Limited (“Evolution Mining”) and consists of slides for a presentation concerning the company. By reviewing/attending this presentation, you acknowledge and agree the following. This presentation includes forwar
Slide 3: September Quarter Highlights
September Quarter Highlights For personal use only Production Strong start with Group production of 94,446oz at a cash cost of A$732/oz Above quarter guidance 85-90,000oz and lower end of FY2013 cash cost guidance Record quarterly production of 25,925oz from Edna May up 30.5% from June quarter Corpo
Slide 4: Sept Quarter Production
Sept Quarter Production For personal use only Sep Quarter Jun Quarter Mar Quarter Units FY2013 FY2012 FY2012 Total gold produced oz 94,446 97,149 84,122 Total silver produced oz 79,743 91,846 89,327 Cash Cost 1 A$/oz 732 762 809 Total Cost 2 A$/oz 1,135 1,073 1,132 Gold sold and accrued oz 90,960 99
Slide 5: Operations
For personal use only Operations
Slide 6: Cracow
Cracow For personal use only Consistent gold production of 25,750oz and within guidance Cash cost of A$736/oz below guidance of A$780 - A$820/oz Ore sourced from Kilkenny, Phoenix, Crown, Roses Pride and Tipperary 50,000 750 A$736 A$707 A$703 40,000 700 Production (oz) Cost A$/oz 30,000 650 26,215oz
Slide 7: Pajingo
Pajingo For personal use only 15,651oz of gold was produced during the quarter Cash operating cost of A$966/oz (June 2012 quarter: A$1013/oz) 106,153t ore grading 4.77g/t Au treated at a 96.1% recovery 40,000 1,200 A$1,013 Production (oz) 30,000 1,000 A$966 Cost A$/oz A$832 20,000 800 17,588oz 18,33
Slide 8: Edna May
Edna May For personal use only Improved plant reliability, gold recovery and mine productivity lifts production to 25,925oz, an increase of 30.5% (June qtr 2012: 19,863oz) Cash costs significantly reduced to A$752/oz, a 24% decrease (June qtr 2012: A$990/oz 40,000 A$988 A$990 1,000 A$752 30,000 700
Slide 9: Mt Rawdon
Mt Rawdon For personal use only Gold production 27,121oz in line with expectations Cash cost of A$576/oz below FY2013 guidance of A$600-A$660/oz Ore extraction from main ore zone of Stage 2 cutback Total material mined above June quarter due to increased mining fleet productivity 60,000 1,000 50,000
Slide 10: Mt Carlton
Mt Carlton For personal use only Key growth project – commissioning on schedule to commence December quarter, expenditure committed on project development at Sep quarter - A$122 million Major concreting works were completed; also HV power supply infrastucture for plant, construction of SAG mill and
Slide 11: Exploration
For personal use only Exploration
Slide 12: Cracow Exploration
Cracow Exploration For personal use only Exploring for transformational growth Coronation – Drilling to convert to Inferred resource continued 250m north of mining operations Inferred Resource anticipated early 2013 Significant results from a newly defined structure: 1.2m @ 35.5g/t Au 1m @ 10.3g/t A
Slide 13: Pajingo Exploration
Pajingo Exploration For personal use only Providing sustainable growth Moonlight & Io – additional excellent drill results: 10m @ 2.40g/t Au 6.1m @ 4.11g/t Au 175m @ 1.1g/t Au incl. 6m @ 16.3g/t Au Mineralisation remains open along strike and at depth Orchid – near mine open pit opportunity 6m @ 11.
Slide 14: Edna May Exploration
Edna May Exploration For personal use only Unlocking value in the Westonia greenstone belt Greenfinch – potential to increase resources with high-grade mineralisation extended significantly down-dip 150m; 13m @ 10.6 g/t Au 7m @ 3.3 g/t Au 5m @ 3.5 g/t Au Perrins – drilling completed to follow up hig
Slide 15: Mt Carlton Exploration
Mt Carlton Exploration For personal use only Exploring for transformational growth Geological mapping, geochemical and geophysical data acquisition commenced to define additional drill targets Initial drilling of the geophysical targets has returned significant alteration and associated anomalous re
Slide 16: Mt Rawdon Exploration
Mt Rawdon Exploration For personal use only Re-energised exploration effort Recent appointment Geology Manager and Senior Exploration Geologist Regional prospectivity review completed Ground magnetics survey at Mt Shamrock-Mt Ophir completed 18 line km pole-dipole survey at Corporate Rawdon South co
Slide 17: Financials
For personal use only Financials
Slide 18: Financials
Financials For personal use only Total revenue of A$149.1M from 90,960oz of gold sold at an average price of A$1,613/oz in September quarter Cash in bank decreased by A$69.2M to A$72.6M at 30 Sep 2012 (A$141.8M at 30 Jun 2012) Capital and Exploration Expenditure totalled A$113.2 million: A$53.7M Cap
Slide 19: Outlook
For personal use only Outlook
Slide 20: FY2013 Guidance
FY2013 Guidance For personal use only Guidance FY2013 Gold Equivalent Production Cash Operating Costs (oz) (A$/oz) Cracow 90,000 – 100,000 780 – 820 Pajingo 85,000 – 90,000 730 – 780 Mt Rawdon 95,000 – 110,000 600 – 660 Edna May 75,000 – 80,000 840 – 890 Mt Carlton 25,000 – 30,000 790 – 860 Group 37
Slide 21: Evolution Mining: The new, leading Australian gold producer
Evolution Mining 4th largest ASX listed gold producer For personal use only Portfolio of assets delivering operational predictability Strong balance sheet to fund growth Investing in efficiency gains across all operations Current growth projects being delivered Exploration focus unlocking the potent
Slide 22: Evolution Mining
For personal use only Evolution Mining ASX Code: EVN www.evolutionmining.com.au
Slide 23: Appendix - Production Summary
Appendix - Production Summary For personal use only September 2013 Quarter Units Cracow Pajingo Edna May Mt Rawdon Total/Average UG ore mined kt 123 88 - - 212 UG mined grade g/t 7.30 5.52 - - 6.56 UG development m 1,847 1,340 - - 3,188 OP ore mined kt - 11 579 1,095 1,685 OP mined grade g/t - 1.60
Slide 24: Competent Person Statement
Competent Person Statement For personal use only The information in this presentation that relates to exploration results, Mineral Resources or Ore Reserves listed in the table below is based on work compiled by the person whose name appears in the same row, who is employed on a full-time basis by t