Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Investor Presentation (October 2011)
23 slides from Ramelius Resources's investor presentation, Oct 19, 2011
Slide 1: Ramelius Resources Limited Investor Presentation October 2011
For personal use only Ramelius Resources Limited Investor Presentation October 2011 ASX:RMS
Slide 2: Disclaimer and Forward Looking Statements
For personal use only DISCLAIMER AND FORWARD LOOKING STATEMENTS 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 ach
Slide 3: Ramelius Corporate Information
Ramelius Corporate Information For personal use only Corporate Details Directors & Shareholders ASX Code: RMS Chairman: Robert Kennedy Ordinary Shares on Issue: 291M Managing Director: Ian Gordon Market Capitalisation: A$375M Non Executive Director: Reg Nelson 12 month share price range: $0.66-1.73
Slide 4: Company Overview
Company Overview For personal use only Wattle Dam (WA) High Hi h Grade G d Gold G ld P Production d ti [Gold - Production] Ave total costs less than A$500 oz Mine Life extended through to 2013 Open p at depth p – new drillingg commenced Mt Magnet (WA) Mining / final plant re- commissioning
Slide 5: Project Locations
Project Locations For personal use only Ramelius Resources Limited: Investor Presentation October 2011 Page 5
Slide 6: Achievements in 2011
Achievements in 2011 For personal use only Record production of 100,000 oz of gold (FY ending 30 June 11) Record operating cash flow of A$99m (FY ending 30 June 11) Increased Wattle Dam mine life to 2013 Commenced mining at Mt Magnet in September 2011 Record R d nett profit fit off A$62 A$
Slide 7: Targeting 200,000oz per annum
Targeting 200,000oz per annum For personal use only Gold Production target of 200,000 oz by 2013-14* Production Targets Oz p.a. 200,000 180,000 160,000 140 000 140,000 120,000 100,000 80,000 60 000 60,000 40,000 20,000 ‐ 2011 12 2011‐12 2012 13 2012‐13 2013 14 2013‐14 *Includes potential Mt Magnet
Slide 8: Projects – Wattle Dam
Projects – Wattle Dam For personal use only Highest grade gold mine in Australia Underground mine located 25km SW of Kambalda Structurally controlled gold deposit p within ultramafic belt Extremely high nugget effect historically results in significant grade overcall Production has average
Slide 9: Wattle Dam - Mining
Wattle Dam - Mining For personal use only Pit Production of 100,000 ounces in FY 2010-11 2010 11 Blocks A & B Completed with Total 1300 ounces/vertical metre ~180,000 oz production over (incl open pit) 100m vertically Future mining will be from the base of Block D up to base of Blocks C & D De
Slide 10: Wattle Dam - Production
Wattle Dam - Production For personal use only Wattle Dam has produced over 225,000 oz of gold since 2006 P Production d ti off 100,000 100 000 oz in i 2010-11 Mill maintenance and access issues to block D reduced recent quarterly production Treatment of stoping ore from Block D in January 12
Slide 11: Wattle Dam - Diamond Drilling Results
Wattle Dam - Diamond Drilling Results For personal use only Recent infill drilling in Block C (both outer sides of cut core shown) Ramelius Resources Limited: Investor Presentation October 2011 Page 11
Slide 12: Wattle Dam - Diamond Drilling Results
Wattle Dam - Diamond Drilling Results For personal use only Drilling is designed to test the limits of alteration zone and define High Grade mine design. Seeing visible gold Mineralisation A adds to confidence Block A and B had one +500 gram B metre hole and ten +100 gram metre holes (Grade = 21
Slide 13: Projects – Mt Magnet
Projects – Mt Magnet For personal use only Mt Magnet is a significant past gold producer - in excess of 5m ounces Multiple deposits with majority of gold mined in banded iron Existing infrastructure includes 1.7mtpa plant (replacement value A$100m) Mining commenced in September and first gol
Slide 14: Mt Magnet – Project Potential
Mt Magnet – Project Potential For personal use only Highlights Strategic St t i Positioning P iti i - Will be b only l regional i l mill ill for f 200km 200k (strategic ( t t i asset)t) Mineable Deposits - Ore deposits are robust and geology well understood Scale - Large gold system, with si
Slide 15: Mt Magnet – Progress October 2011
Mt Magnet – Progress October 2011 For personal use only 25,000m of infill drilling, resource estimate and new mining study completed New 160 man camp completed and now fully operational Site management and mining team recruited and mining approval secured Mining commenced and first gold pour
Slide 16: Mt Magnet – Processing Plant
Mt Magnet – Processing Plant For personal use only Existing 1.7mtpa processing plant located next to main operating open pits Currently being refurbished by GR Engineering (completion Nov 11) Can be expanded to 2.4mtpa by expenditure of a further ~A$5-10m Expansion p could increase ggold ppr
Slide 17: Mt Magnet – Mining Commenced
Mt Magnet – Mining Commenced For personal use only First ~2.35 years production Hill 50 from Mars & Saturn open pits has commenced Mars Mars ore is pprimarilyy banded iron and Saturn ore is banded iron and breccia zone Mars pit ore is 1.33mt @ 2.01 g/t Au* Saturn pit ore is 2.65mt @ 1.53 g/t
Slide 18: Mt Magnet – Expansion Plans
Mt Magnet – Expansion Plans For personal use only Ramelius has completed an optimisation of the Galaxy area at a gold price of A$1500 (does (d nott include i l d satellite t llit pits) it ) Gold in optimised pit shells contain 14.9mt @ 2.07 g/t for 916,000 oz Total operating cost of ~A$1000 pe
Slide 19: Mt Magnet – Project Upside
Mt Magnet – Project Upside For personal use only Numerous underground targets (not included in current mine plan) Ramelius Resources Limited: Investor Presentation October 2011 Page 19
Slide 20: Exploration North QLD (earning 60%)
Exploration North QLD (earning 60%) For personal use only Mt Windsor JV – World Class Gold District: 2011 field season drill targets Ramelius Resources Limited: Investor Presentation October 2011 Page 20
Slide 21: Exploration North QLD (earning 60%)
Exploration North QLD (earning 60%) For personal use only Joint Venture with Liontown Resources Limited Exploring for Kidston style breccia hosted gold deposits Drilling planned for Mt Redan and Cardigan Dam Oct/Nov 2011 Mt Redan Target Cardigan Dam Target Ramelius Resources Limited: Investor
Slide 22: Exploration Nevada USA (earning 70%)
Exploration Nevada USA (earning 70%)* For personal use only Nevada is a world class gold district Two JV’s with Miranda Gold Corp Angel Wing targeting bonanza gold grade epithermal veins: DaVinci veins – 2km strike potential Bigg Blue targeting g g Carlin style y sediment hosted disseminated
Slide 23: Why Invest in Ramelius
Why Invest in Ramelius For personal use only Operations ¾ Wattle Dam –high grade, low cost and open at depth ¾ Mt Magnet – low risk and potential for significant expansion Capital Position ¾ Strong cash balance with no corporate debt ¾ Able to fund current Mt Magnet project from existing cash ¾
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