Slide 1: Q3 2023 Activities Report
31 October 2023 Q3 2023 Activities Report ASX/LSE - RSG 1
Slide 2: Disclaimer
This presentation contains information about Resolute Mining Past performance information given in this presentation is for ‘Over Three Moz Mineral Resource at Syama North’ Limited (Resolute or the Company) and its activities that is illustrative purposes only and should not be relied upon as an ann
Slide 3: Executive Highlights
Executive Highlights Environmental, Social and Governance Financials Total Recordable Injury Frequency Rate (TRIFR) increased to Cash generation of $8.6 million excluding interest payments 1.55 from 0.79 in the prior Quarter and working capital movements Successfully audited as compliant with
Slide 4: Operational Overview
Operational Overview 4
Slide 5: Asset Highlights
Asset Highlights September Quarter gold production of 74,056oz with year-to-date gold Gold Production & AISC1 Q1 2022 – Q3 2023 production of 250,687oz. The group remains on track with revised 2023 production guidance of 330,000 – 340,000oz Group AISC decreasing to $1,459/oz from $1,489/oz and o
Slide 6: Syama Operational Highlights
Syama Operational Highlights Sulphide Operation Q3 Q2 Delta 9M 2023 9M 2022 Delta Tonnes Ore Mined increased by 10% due to ongoing development to provide improved access to high grade areas. Q3 grades decreased due to development through lower-grade zones Sulphide 574,560 523,244 10% 1,728,250 1,6
Slide 7: Mako Operational Highlights
Mako Operational Highlights Q3 Q2 Delta 9M 2023 9M 2022 Delta Ore mined decreased 12% from the prior Quarter as the mining area was changed due to access. Ore tonnes processed decreased 2% from prior Quarter with the Ore (t) 493,257 558,978 -12% 1,828,179 2,076,169 -12% Mining four-day mill reli
Slide 8: Other Quarterly Activities
Other Quarterly Activities 8
Slide 9: Three-Year Forecast
Three-Year Forecast Mako Mako 2024 2025 2026 Both 2024 and 2025 will increase profitability with production between 130,000-140,000oz per year at an AISC reducing to US$1,100-1,200/oz from approximately $1,450/oz. In 2026 Gold Production Oz 130,000-140,000 130,000-140,000 55,000-65,000 stockpiles s
Slide 10: Syama North Mineral Resource Update
Syama North Mineral Resource Update The Global Mineral Resources at Syama North is now estimated at 37.9 Mt at 2.9g/t Au for 3.5 million ounces (cut-off grade of 1g/t Au) Successful conversion of Inferred resources with 28.3 Mt containing 2.7 Moz in the Measured and Indicated Category a 47% incr
Slide 11: Syama Phase I Expansion Project
Syama Phase I Expansion Project Description 2023 2024 2025 Summary Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Syama gold production to increase to over 250koz per annum Scoping Study Mine Optimisation AISC is reduced by up to $200/oz Approval for Long Lead Items Increased operational flexibility to s
Slide 12: Financials
Financials 12
Slide 13: Financial Highlights
Financial Highlights Q3 Financial Highlights Cash Flow Waterfall Quarterly gold sales of 76,524oz at an average sales price of $1,917/oz (vs $1,922/oz in the June Quarter) AISC of $1,459/oz, a 2% decrease from the prior Quarter due to realisation of cost saving initiatives $8.6 million of cash
Slide 14: Conclusion
Conclusion Key Initiatives for remainder of 2023 Meet production and cost guidance Reduce cash costs and optimize capital expenditures Continued execution of Phase I Expansion for Syama Initiate studies on Phase II Expansion for Syama Update Mineral Reserve model for Syama North Continue explo
Slide 15: www.rml.com.au
Resolute www.rml.com.au