Aeris Resources Limited · ASX:AIS
Aeris Resources — Q4 2020 Earnings Presentation
15 slides from Aeris Resources's earnings presentation, Jan 28, 2021
Slide 1: December 2020 Quarterly Presentation
For personal use only December 2020 Quarterly Presentation 28 January 2021 Presented by: Andre Labuschagne Ian Sheppard (COO) Rob Brainsbury (CFO)
Slide 2: Important notice and disclaimer
Important notice and disclaimer For personal use only This presentation may contain certain statements and projections provided by or on behalf of Aeris Resources Limited (“Aeris”) with respect to the anticipated future undertakings. These forward-looking statements reflect various assumptions by or
Slide 3: Highlights Summary
Highlights Summary For personal use only Production • Cracow 18,011oz Au @ AISC $1,567/oz • Tritton 5,845 tonnes Cu @ AISC $2.85/lb New • Constellation - 3 EM plates identified • First 3 holes: 19.95m @ 2.41% Cu1; 3.55m @ 22.56% Discovery Cu1; and 27.10m @ 1.61% Cu2 • Approval for additional 25 hole
Slide 4: Safety and Environment
Safety For personal use only Safety and Environment • No LTI’s recorded • No reportable environmental incidents • “Leading a Safe Culture” training program commenced Covid-19 • Measures in place to manage • No incidents recorded • Continue to review and update according to Government guidelines 4
Slide 5: Community and Sustainability
Community and Sustainability Naidoc week Nyngan Tritton contribution into Electric Mobile Equipment “TRITEV” For personal use only Working with 3ME Technology Tritton new local apprentices intake 5
Slide 6: Production and Cost Summary
Production and Cost Summary For personal use only TRITTON UNIT MAR JUN SEP 2020 DEC Tritton: PRODUCTION SUMMARY 2020 2020 QTR 2020 QTR QTR QTR • Lower tonnes at Tritton UG: ORE MILLED TONNES 390,690 418,242 411,341 370,897 MILLED GRADE Cu (%) 1.68% 1.71% 1.56% 1.66% ― Stope blast partial failure del
Slide 7: Tritton Copper Operations – Constellation Deposit discovered
Tritton Copper Operations – Constellation Deposit discovered For personal use only Spectacular results • 3 Bedrock EM conductors identified • Drilling commenced in November • 1st hole intersected high grade copper1 • Drilling continued with great results • Approval received for 25 more holes • Next
Slide 8: Tritton Copper Operations – Constellation Deposit
Tritton Copper Operations – Constellation Deposit TAKD001 For personal use only Spectacular results TAKD0011 19.95m @ 2.41% Cu, 0.64g/t Au, 4.6g/t Ag from 197.2m including; o 5.60m @ 1.43% Cu, 0.53g/t Au, 2.4g/t Ag o 7.55m @ 4.71% Cu, 0.99g/t Au, 9.2g/t Ag TAKD0032 27.10m @ 1.61% Cu, 0.43g/t Au,
Slide 9: Tritton Copper Operations – Constellation Deposit
Tritton Copper Operations – Constellation Deposit For personal use only TAKD002 TAKD002 targeting the smaller conductor • intersected a 3.55 metre thick massive sulphide interval from 61.05 metres down hole • 3.55m @ 22.56% Cu, 2.57g/t Au, 16.1g/t Ag1 • Downhole EM survey identified 2 plates TAKD002
Slide 10: Cracow Gold Operations - Exploration of brownfield target areas
Cracow Gold Operations - Exploration of brownfield target areas For personal use only Cracow underground • Drilling at Kenneth target underway with encouraging results to date • Geological review done, near mine targets identified • Second drill rig in place to test near mine targets 10
Slide 11: Cracow Gold Operations - Exploration
Cracow Gold Operations - Exploration For personal use only • Updated Mineral Resource for Roses Pride: ― 260% increase in gold ounces to 26koz ― Total reported Mineral Resource of 177kt @ 4.6g/t Au for 26koz Au1 ― Mineralisation remains open along strike ― Further drilling planned in first half of 2
Slide 12: Financials
Financials For personal use only SEP DEC (A$ Million) 2020 2020 QTR QTR Useable Cash 41.7 45.5 Tritton - Copper concentrate receivables 22.4 13.8 Cracow – gold/silver dore receivables - - Useable Cash and Receivables 64.1 59.3 Debt • Second A$7.5m repayment made early • Voluntary US$2 million paid o
Slide 13: M&A strategy remains a focus
M&A strategy remains a focus For personal use only Aeris Resources Commodity Gold and Copper M&A strategy East coast Australia Location Rest of Australia Offshore – Risk reward Pursue strategic M&A opportunities to add value, complement existing Producing operation with established infra
Slide 14: What makes Aeris different?
What makes Aeris different? For personal use only Proven team with a consistent Financially robust, rapidly track record deleveraging A unique platform to Diversified, strong free cash consolidate the landscape generation where others cannot 29 79 Favourable gold / copper Primed to unlock value Cu A
Slide 15: Competent Persons statement
Competent Persons statement For personal use only Competent Persons statement Mr Cox confirms that he is the Competent Person for all the Mineral Resource and Exploration Target estimates summarised in this Report and he has read and understood the requirements of the 2012 Edition of the Australasia