Focus Minerals Ltd · ASX:FML
Focus Minerals — Diggers & Dealers 2011
18 slides from Focus Minerals's conference presentation, Aug 1, 2011
Slide 1: Diggers & Dealers 2011: Aggressively Expanding into a Rising Gold Price
ASX: FML For personal use only www.focusminerals.com.au Focus Minerals Limited Diggers & Dealers 2011 Aggressively Expanding into a Rising Gold Price Campbell Baird: Chief Executive Officer
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. For personal use only The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 3: 2011 is a year of Transformation for Focus
2011 is a year of Transformation for Focus For personal use only 2 new mines in H1: The Mount U/G & Tindals open pits Accelerated exploration: 8 rigs operating across 4 key project areas Unlocking a new gold camp at Treasure Island Raised $39.3 million to fund growth plans Launched takeover bid for
Slide 4: Focus Minerals Key Asset Location
Focus Minerals Key Asset Location For personal use only 4
Slide 5: June 2011 Quarter Update – Jam Packed
June 2011 Quarter Update – Jam Packed For personal use only Milled 287,176 tonnes @ 2.15g/t Produced 18,102 ounces of gold Cash cost of AUD $981/oz Commenced open pit mining at Tindals Commenced owner mining at The Mount Direct exploration investment of $3.3 million Including 15,500 of diamond & 15,
Slide 6: Tindals Mining Centre: 85,000oz pa Operation
Tindals Mining Centre: 85,000oz pa Operation For personal use only The engine room of the Focus business Stellar June 2011 quarter Total Resource of 13.1Mt @ 2.8g/t for 1.2Moz (in just 20Km2) Total Reserve of 1.5Mt @ 3.0g/t for 147,000oz Resource base continues to expand 380,000oz added in 12 months
Slide 7: Tindals Underground: 55,000oz pa
Tindals Underground: 55,000oz pa For personal use only Consistent performer for Focus Resource: 3.1Mt @ 4.5g/t for 446,000oz Reserve: 1.0Mt @ 3.4g/t for 113,000oz June quarter produced 160,056t @ 3.17g/t for 16,315 ounces 2 rigs on site to focus on Resource and Reserve expansion 7
Slide 8: Tindals Open Pits: 30,000oz pa
Tindals Open Pits: 30,000oz pa For personal use only Second new mining operation opened this year Delivered 17,000 t @ 1.67g/t Target 30,000oz pa to be sustainable over 5 years Resource: 10.0Mt @ 2.3g/t for 740,000oz Reserve: 0.5Mt @ 2.1g/t for 35,000oz from 6 months drilling RC rig on site for Reso
Slide 9: The Mount: Spearheading Next Stage of Expansion
The Mount: Spearheading Next Stage of Expansion 15 parallel high grade ore zones, For personal use only 85 km to south of Three Mile Hill plant Inferred Resource – 2.1Mt @ 5.5g/t for 370,000oz Commenced production in March 2011 Stoping commenced late June Delivered 21,469t @ 2.81g/t for 1,940oz from
Slide 10: Greater Coolgardie Exploration
Greater Coolgardie Exploration For personal use only Region has produced >2.5Moz over the last 100 years First time whole region has been controlled by one entity Massively underexplored Significant mine life extension potential RC and Diamond rig on site targeting Resource expansion Greenfields, CN
Slide 11: Three Mile Hill Project Area – Untapped Potential
Three Mile Hill Project Area – Untapped Potential For personal use only Cross Section of CNX Pit and Extension Drilling Section line 11
Slide 12: Greenfields Exploration: Treasure Island Gold Project
Greenfields Exploration: Treasure Island Gold Project For personal use only 100% ownership. 226 sq. km of tenements Drilling confirms discovery of a new gold camp St Ives style mineralisation First 20 holes ever into the area Multiple vein arrays of +300m strike length on Island Discovering multiple
Slide 13: Treasure Island: Expansion of Exploration
Treasure Island: Expansion of Exploration Diamond drilling program ongoing For personal use only Expanding exploration with +10,000m aircore program commenced Early days, but right geology and right address 13
Slide 14: Crescent Takeover Update
Crescent Takeover Update For personal use only Takeover delivers significant production and resource growth Experienced management team can unlock value from Crescent assets Focus currently at 47% Production Proven Track Record Large scale open pit mining Tindals U/G expansion complete Special
Slide 15: The Power of Combination
The Power of Combination For personal use only Production Immediate addition of 100,000 ounces per annum Creates a +200,000 ounce per annum Australian gold producer Combined Reserves of 690,000 ounces 2 mining regions & Four Operating Gold Mines in WA (our backyard) Exploration Strong Comm
Slide 16: Focus is a Strong Growth Story
Focus is a Strong Growth Story For personal use only 2011 is Significant period of growth for Focus Strong portfolio of expanding mine operations Significant pipeline of Exploration opportunities Merger with Crescent will create a +200,000 ounce Australian Gold Producer 3 x Major Regional Explorat
Slide 17: Aggressively Expanding into a Rising Gold Price
For personal use only AGGRESSIVELY EXPANDING INTO A RISING GOLD PRICE 17
Slide 18: FML & CRE Combined Resources & Reserves
FML & CRE COMBINED RESOURCES & RESERVES For personal use only Focus Competent Person’s Statement: The information in this report that relates to exploration results and Mineral Resources is based on information compiled by Dr Garry Adams. Refer to section 2.6 of the Bidder’s Statement for further in