Resources & Energy Group Limited · ASX:REZ

Resources & Energy — Investor Presentation (March 2019)

33 slides from Resources & Energy's investor presentation, Mar 13, 2019

  1. Slide 1: Building an Australian Gold Miner

    Resources & Energy Group – ASX:REZ Building an Australian Gold Miner Acquisition and Capital Raising Presentation – March 2019 For personal use only

  2. Slide 2: Overview - Development Strategy

    Overview - Development Strategy Building a portfolio and team with strong upside potential For personal use only Fundamentals Immediate goals Corporate growth • REZ is building a portfolio of gold prospects with near Acquisition pipeline term development or high exploration potential • Acquisition o

  3. Slide 3: Asset Portfolio

    Asset Portfolio Exciting portfolio with opportunity for near and mid term cash generation, paired with both potential for significant resources expansion and advanced exploration upside For personal use only Delivering on growth • East Menzies Gold Project , Menzies, WA • Over 20km of continuous str

  4. Slide 4: Placement Details and Capital Structure

    Placement Details and Capital Structure Capital raising • Raising up to $5M: Proforma Capital Structure For personal use only Placement of 100m shares at 5 cents each to raise $5M (currently in progress) Ordinary shares on issue: • Acquisition of East Menzies: Ordinary shares on issue 1 123.0m Compl

  5. Slide 5: Use of Funds

    Use of Funds Assuming maximum of $5m raised under the $000 % Summarised Statements of Financial Position Post placement For personal use only placement : and debt conversion2 Exploration and development activities at East 1,920 38% $000 Menzies Gold, subject to initial results.1 Investigation and ex

  6. Slide 6: An Experienced Board and Team

    An Experienced Board and Team Gavin Rezos Christian Price Chairman CEO Elect For personal use only Gavin has extensive experience in the mining and resources Christian has over 15 years of operational, technical and management industry, including as an Non-Executive Director of Iluka Resources exper

  7. Slide 7: An Experienced Board and Team

    An Experienced Board and Team Michael Johnstone Warren Kember For personal use only Geologist Chief Financial Officer Michael has 37 years of mining and exploration experience in the Warren is the Chief Financial Officer and Company Secretary of the resources sector. During this time he has managed

  8. Slide 8: Detailed Project Overview

    Detailed Project Overview For personal use only 8

  9. Slide 9: Project Pipeline

    Project Pipeline Build existing resource base, add value to assets and move up pipeline For personal use only TIER 1- OPERATING MINES AND RADIO GOLD MINE PRODUCING ASSETS AND RESERVE GROWTH TIER 2- FEASIBILITY STUDY AND MOUNT MACKENZIE, GRANNY VENN RESERVE GENERATION CUT-BACK TIER 3 – PRE-FEASIBILIT

  10. Slide 10: East Menzies Gold Project

    East Menzies Gold Project Advanced exploration targets, huge potential in a known Mineral Field EAST MENZIES GOLD PROJECT – Menzies, Western Australia For personal use only • 130km North of Kalgoorlie, 3 ML’s, 1 MLA 29 PL’s, 1EL and 20 PLA’s encompassing over 20km continuous strike of a mineralised

  11. Slide 11: East Menzies Gold Project – Advanced Projects (Goodenough)

    East Menzies Gold Project – Advanced Projects Goodenough-Granted Mining Lease M29/141 • Historical Production • Surface; 8,453t @ 24.2g/t For personal use only • Underground;19,328t @ 16.7g/t • Tribute mining (2011-2012) 2,204t@8.28g/t • Totalling 17,500oz • Exploration • 1987 Jones Mining 29 RAB an

  12. Slide 12: East Menzies Gold Project – Advanced Projects (Granny Venn)

    East Menzies Gold Project – Advanced Projects Granny Venn Open Cut-Granted Mining Lease M29/189 • Historical production GrannyVenn For personal use only • 60,200 oz - 532,000t @ milled head grade of 3.52g/t • Au recoveries through Paddington Mill 93% • Recent production Caesar • 2,000 oz - 27,000t @

  13. Slide 13: East Menzies Gold Project – Advanced Projects (Maranoa)

    East Menzies Gold Project – Advanced Projects Maranoa Mining Lease Application M29/427 For personal use only • Historical production • 8,510 Oz of gold at an average recovered grade of 28g/t. Milled on site • Exploration • In 1986, Callion Joint Venture carried out a programme of 42 RC holes along t

  14. Slide 14: East Menzies Gold Project – Projects Pipeline

    East Menzies Gold Project –Projects Pipeline Define, drill and develop a pipeline of projects – Priority targets For personal use only Aunt Kate • This line of significant mineralization lies south of Aunt Nellie Open Cut and is Spion Kopp and King Dam close to, and parallel with, the eastern contac

  15. Slide 15: Mt Mackenzie Gold Project

    Mt Mackenzie Gold Project Medium term cash flow, add resource, test gold copper porphyry target MOUNT MACKENZIE GOLD PROJECT– Marlborough, Queensland For personal use only • 150 km NW of Rockhampton, 100,000 Oz, 26sqkm tenement package • In Connors Magmatic Arc, & New England Fold Belt region which

  16. Slide 16: Mount Mackenzie Gold Project – Operations in the Region

    Mount Mackenzie Gold Project Operations in the Region For personal use only • Multiple major gold discoveries in North East Qld including • Cracow - 2m Au oz • Mt Morgan 9m Au oz • Intrusive related porphyry and high level epithermal style mineralisation is developed along the length of the southern

  17. Slide 17: Recent acquisitions adjacent to the REZ lease holdings

    Mount Mackenzie Gold Project Recent acquisitions adjacent to the REZ lease holdings For personal use only Evolution Mining (EVN:ASX) – Acquisition of Conner's Arc Project Area (surrounding Mt Mac) (6) • Mount Mackenzie is located in the Connors Magmatic Arc of the New England Fold Belt. • Conner's A

  18. Slide 18: Mount Mackenzie Gold Project – Development

    Mount Mackenzie Gold Project – Development Scoping study pending, definitive feasibility study & drill additional targets North Knoll and South West Slopes – Scoping Study For personal use only Pending • 500+ historical drill holes to 100m plus recent program • Indicated and Inferred Resource (JORC

  19. Slide 19: Exploration drill program targeting Gold and Copper

    Mount Mackenzie Gold Project – Development Exploration drill program targeting Gold and Copper Clive Creek For personal use only • Clive Creek comprises two prospects, Quinine Gully and Sphinx Hill 6km north of Mount Mackenzie • Alteration is of comparable scale to Mount Mackenzie, potential to host

  20. Slide 20: Gold Copper Porphyry System

    Mount Mackenzie Gold Project – Development Gold Copper Porphyry System Instinct Prospect For personal use only • The MMGP permits are prospective for high sulphidation epithermal Gold and Silver mineralization. Breccia and porphyry style Gold mineralization with a poly-metallic (Pb, Zn, Ag, Cu) asso

  21. Slide 21: Radio Gold Mine – Summary

    Radio Gold Mine – Summary Operating Mine, underexplored, multiple targets RADIO GOLD PROJECT – Bullfinch, Western Australia For personal use only • 40km North of Southern Cross, on strike of Southern Cross Greenstone Belt in the Yilgarn Craton. The province is estimated to have produced 10.0m+ oz of

  22. Slide 22: Radio Gold Mine – Operating Underground

    Radio Gold Mine – Operating Underground Successful Ore production delivering gold Radio Main Lode and East Lode For personal use only • Mine operating, producing bulk ore samples through development • Developing mine access in preparation for stoping • Channel sampling bonanza grades including 0.5m

  23. Slide 23: Radio Gold Mine – Exploration and target prospects

    Radio Gold Mine – Exploration and target prospects 6 Additional Targets including Radio Deeps and Repeater, unknown extents and depths of Radio Main and East For personal use only • Exploration program being developed to; • Determine and extend Radio Main resource. • Drill additional ore bodies of R

  24. Slide 24: Appendix A - Group Summary

    Appendix A - Group Summary JORC 2012 Resource Summary For personal use only Resources and Energy Group Limited - Mineral Resources - JORC 2012 Deposit Indicated Inferred Total kt g/tAu koz Au kt g/tAu koz Au kt g/tAu koz Au Mount MacKenzie 1,150 1.33 49.0 1,220 1.30 51.0 2,370 1.31 100.0 Radio Gold

  25. Slide 25: Appendix B – Mount Mackenzie

    Appendix B – Mount Mackenzie JORC 2012 Gold and Silver Resource tables For personal use only Gold Mineral Resources Material Cut-off Indicated Inferred Total Resources (g/t Au) kt g/t Au koz Au kt g/t Au koz Au kt g/t Au koz Au Oxide 0.43 450 1.18 17 520 1.18 20 970 1.18 37 Primary 0.58 700 1.42 32

  26. Slide 26: Appendix C – Radio Gold Mine

    Appendix C – Radio Gold Mine JORC 2012 Gold Resource table For personal use only Radio Gold Mine - Resources Lode Cut-off Indicated Inferred Total Resources (g/t Au) kt g/t Au koz Au kt g/t Au koz Au kt g/t Au koz Au Main Lode 1.0 25.8 3.81 3.2 76.1 3.47 8.5 101.9 3.55 11.6 East Lode 1.0 24.5 5.33 4

  27. Slide 27: Appendix D – Sampling for the maiden resource

    Appendix D – Sampling for the maiden resource All recent development areas channel sampled – high grade potential has been realised For personal use only • Underground channel sampling program • Channel sampling in a regular grid pattern has been undertaken throughout the recently excavated undergro

  28. Slide 28: Appendix E – Radio Gold Mine – JORC 2012 Resource

    Appendix E – Radio Gold Mine – JORC 2012 Resource 28,000 Ounce Gold Resource defined for East Lode & West Lode Resource Model update For personal use only • Resource model has developed from historic exploration records and recent geological sampling programs • Geological understanding of the orebod

  29. Slide 29: Appendix F – Radio Gold Mine Resource Target

    Appendix F – Radio Gold Mine Resource Target Radio Deeps and Radio Repeater Extensions to Mineralisation For personal use only Radio Mine and Radio Deeps potential intersection at depth and Repeater along strike 420m • Initial testing of the Radio Deeps lode have indicated a continuation at depth •

  30. Slide 30: Appendix G – East Menzies Resources Estimate

    Appendix G – East Menzies Resources Estimate Disclosures on previously released resource estimates • The resource estimate provided for East Menzies prospect Goodenough (GE Estimate) was reported by its previous owners, For personal use only Yilgan Gold Limited (ASX:YGL) on 23 March 2004 and Stratum

  31. Slide 31: Appendix G – East Menzies Resources Estimate

    Appendix G – East Menzies Resources Estimate Disclosures on previously released resource estimates It is the opinion of Stephen Hyland that no significant changes have occurred or are required such that the For personal use only • historical reported GE Estimate now needs significant revision except

  32. Slide 32: Appendix H – Exploration Activities

    Appendix H – Exploration Activities Proposed exploration program and resource growth timeline East Menzies Gold Project $500k Approved programs of work in place for project areas For personal use only • Q1 2019 Drill program to commence immediately Collate geological data for all deposits and build

  33. Slide 33: Disclaimer and Consent

    DISCLAIMER AND CONSENT The material in this presentation has been prepared by Resources & Energy Group Limited (“Company”) For personal use only This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for an

Resources & Energy Group — Investor Presentation (March 2019) on 6ix