Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Investor Presentation (August 2010)
22 slides from Ramelius Resources's investor presentation, Aug 2, 2010
Slide 1: A Gold Plated Investment
For personal use only The Information in this report that relates to Exploration Results is based on information compiled by Matthew Svensson. Matthew Svensson is a Member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and
Slide 2: Disclaimer
For personal use only DISCLAIMER This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantl
Slide 3: Company Overview
Company Overview For personal use only Corporate Details Share Price History ASX Code: RMS Ordinary Shares on Issue: 291M Market Capitalisation: A$138M 12 month share price range: $0.405‐0.63 Cash on Hand: A$60M Current Debt: Nil Enterprise Value: A$78M Directors Major Shareholders Robert Kennedy Ch
Slide 4: Company Strategy
Company Strategy For personal use only Grow Ramelius into a profitable long life miner Maximise cash flow from operations Extend mine life at Wattle Dam beyond 2011 Target 100K oz p.a. production at Mt Magnet Explore for world class long lived gold deposits Provide significant returns to
Slide 5: Results Summary
Results Summary For personal use only 3 years of full year net profit 2007‐2009 Net Profit of $10.1M for December half 2009 Record production of 24,133 oz in June Qtr 2010 Record production of 60,000 oz in 2009/10 Project payback achieved in March Qtr 2010 Capital Return of 5 cps to be p
Slide 6: Value Proposition (post Mt Magnet)
Value Proposition (post Mt Magnet) For personal use only Large shift in Enterprise Value per resource oz Now undervalued compared to peer companies EV to Resource Oz 300 250 200 EV / Res Oz 150 100 Post 50 Mt Magnet ‐ Ramelius Pre Catalpa Tanami Gold Silver Lake Avoca Integra Focus Ramelius Aq.
Slide 7: Wattle Dam Underground Mine
Wattle Dam Underground Mine For personal use only Production of 60,000 oz in 2009 / 2010 Total Cash Costs of A$482 per oz (incl. Royalties) * to 30 June 2010 7 7
Slide 8: Wattle Dam Underground Mine
Wattle Dam Underground Mine For personal use only Open Pit 241 Level 41 g/t Open Pit Mined 23 g/t 225 Level 41 g/t Mined 20 g/t 205 Level 41 g/t 185 Level 44 g/t Decline High Grade zone 8
Slide 9: Wattle Dam
For personal use only Wattle Dam Ore Mining: Open Pit 1.Development of 241 Level 3 1 foot wall drives Mined 2.Ore stoped from 21 g/t foot wall and filled 4 2 Mined 20 g/t 3.Development of hanging wall drives 225 Level 3 1 4.Ore stoped from Mined hanging wall and 21 g/t filled Mined 23 g/t 4 2 High G
Slide 10: Deep Diamond Drilling
Deep Diamond Drilling For personal use only Target 10 Zone
Slide 11: Mt Magnet Gold Project
Mt Magnet Gold Project For personal use only Located 600km north east of Perth on sealed road 11
Slide 12: Mt Magnet Gold Project
Mt Magnet Gold Project For personal use only Significant past gold producer ~ 5.6M oz Purchase Price of A$40M including bonds 3.3M oz of gold resources 474K oz of gold reserves at A$1150 oz A further 200K oz in other pits at A$1150 oz Targeting production of 100K oz p.a. for 5‐7 years
Slide 13: Mt Magnet – Transaction Impact
Mt Magnet – Transaction Impact For personal use only Increase in reserves to 474K oz Au × NA Increase in resources to 3,476K oz Au × 2,550% Group milling capacity to 1.9mtpa × 950% Exploration acreage from 220km2 to 618km2 × 180% Production potential increased by 100K oz pa 9 Prolific region, histor
Slide 14: Mt Magnet Upside – Saturn Pit
Mt Magnet Upside – Saturn Pit High Grade zones below current open pits For personal use only Potential to increase grade by focussing on BIF* *Banded Iron Formation Existing open pit Existing Pit A$1150 oz High Grade 14 open pit BIF Shoots shell
Slide 15: Mt Magnet Upside - High Grade Shoots
Mt Magnet Upside ‐ High Grade Shoots For personal use only 3m @ 74 g/t 11m @ 9 g/t 16m @ 8.35 g/t Untested Potential for Saturn Hill 50 high grade Untested mine shoots Potential Between Saturn and Hill 50 Untested Potential for Hill 50 high grade shoots 15
Slide 16: Mt Magnet Depth Potential
Mt Magnet Depth Potential For personal use only All drilling at Mt Magnet 100m to 200m depth 100 – 200m Depth 16
Slide 17: Mt Magnet Depth Potential
Mt Magnet Depth Potential For personal use only All drilling at Mt Magnet 200m to 400m depth 200 – 400m Depth 17
Slide 18: Exploration QLD – Mt Windsor JV
Exploration QLD (earning 60%) For personal use only Mt Windsor JV – World Class Gold District IP Surveys underway with drilling in Sept 10 18
Slide 19: Exploration Nevada
Exploration Nevada (earning 70%)* For personal use only World Class Gold District in Nevada US Targeting large sediment hosted gold deposits Nevada California 19 *Marmota may earn 40% of RMS interest
Slide 20: Investment Highlights
Investment Highlights For personal use only Strong financial position ‐ A$60M cash and gold Underpinned by gold resources of 3.4M oz Reserves of 474K oz + a further 200K oz optimised* Low cost production from Wattle Dam in 2010/11 Potential at Mt Magnet of 100K oz p.a. for 5‐7 yrs Signif
Slide 21: Resources and Reserves
For personal use only RESOURCES AND RESERVES Resources Measured Indicated Inferred Total Project Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t oz ('000s) g/t oz ('000s) g/t oz ('000s) g/t oz Mt Magnet 2,194 2.7 193,000 33,633 2 2,122,000 15,044 2.1 1,030,000 50,871 2 3,345,000 Watt
Slide 22: Wattle Dam Gold Project / Mt Magnet Gold Project
WATTLE DAM GOLD PROJECT For personal use only The Information in this report that relates to resources and estimated mine grade at Wattle Dam is based on information compiled by Rob Hutchison. Rob Hutchison is a Member of the Australian Institute of Mining and Metallurgy and has sufficient experienc
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