Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Diggers and Dealers 2024
17 slides from Aurelia Metals's conference presentation, Aug 7, 2024
Slide 1: Aurelia Metals Diggers and Dealers Presentation
AURELIA METALS DIGGERS AND DEALERS PRESENTATION 7 AUGUST 2024 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should not By its very nature, production and exploration for gold and base metals is a high risk business and is be considered as an offer or invitation to subscribe for or purchase
Slide 3: Aurelia Snapshot
AURELIA SNAPSHOT Market FY24 Share Price FY24 Balance Sheet Capitalisation Performance +92% Performance 30 June 2024 $0.25 Closing price Production A$116.5M $0.20 cash on hand A$287M $0.15 Gold - 65.3kozs Copper - 2.2kt Shares on issue 1,689.9M $0.10 Zinc - 16.8kt Over A$150M of Share Price A$0.17 $
Slide 4: Our Leaders
OUR LEADERS BOARD OF DIRECTORS Peter Botten Non-Executive Chair (AC, CBE) Bryan Quinn Managing Director and Chief Bryan Quinn Martin Cummings Andrew Graham Executive Officer Managing Director and Chief Financial Officer Chief Development and Chief Executive Officer Technical Officer Lyn Brazil Non-E
Slide 5: Developing and Operating
HERA NYMAGEE DEVELOPING AND OPERATING A premier base metals business in a Tier 1 location • Advanced exploration target, Cu, Zn • Process plant capacity GREAT COBAR 450ktpa (care and maintenance) • 140-room camp PEAK FEDERATION • Copper Mineral Resource of 8.4Mt @ 2.1% Cu 0.6 Au g/t1 • Precious and
Slide 6: Our Cobar Region Opportunity
OUR COBAR REGION OPPORTUNITY Leveraging geology, people and infrastructure EXPLORATION GREAT COBAR WHERE WE ARE TODAY 5 4 Nymagee and more FEDERATION Final investment decision REGIONAL MODEL 3 Establish and ramp up 2 PEAK 1 Identify efficiencies Stable operation DIGGERS AND DEALERS PRESENTATION | 7
Slide 7: Optimising Our Infrastructure
OPTIMISING OUR INFRASTRUCTURE Fill the Peak mill, then restart Hera or expand Peak Target 1.2 – 1.3Mt Options to Restart Hera or Expand Peak1 800kt Tonnes processed p.a. FY24 580kt Peak mill • Ramp up Federation • Peak copper dominant • Peak transitions to including Great Cobar • Federation starts s
Slide 8: Federation
FEDERATION A compelling high return base metals investment • Initial eight-year mine life 4.0Mt production target1 • Ramping up to 600ktpa mining rate in CY26 • 4.8Mt Mineral Resource at Zinc 9.0% Lead 5.4% Copper 0.3% Gold 0.9g/t2 • Ore body open at depth and along strike, exploration program plann
Slide 9: Federation
FEDERATION Selected high grade exploration drill result near first stope area FDD099: 7.4m @ 33.5% Zn, 13.0% Pb, 0.2% Cu, 8.9g/t Au, 24 g/t Ag 1 Note: Yellow is development completed up until 2 August 2024. Grey is future planned development. 1. Refer to ASX announcement dated 16 December 2020 "Fede
Slide 10: Federation
FEDERATION Substantial strike and depth extension potential to grow mineral resource High grade 4.8Mt Mineral Resource1 @ 9.0% Zn, 5.4% Pb, 0.3% Cu, 0.9 g/t Au & 6 g/t Ag Potential for depth continuity below Main Thrust fault (Federation East)2 Potential for the ore body to continue West (North-West
Slide 11: Great Cobar
GREAT COBAR Consented brownfield copper mine development • Initial 8.4Mt Mineral Resource at 2.1% Cu, 0.6g/t Au1 • Deposit remains open at depth and along strike North & South with significant potential • FY27 program to grow initial resource once new twin decline from existing New Cobar workings in
Slide 12: Exploration Nymagee
EXPLORATION NYMAGEE Potential growth project after Great Cobar close to Hera Plant • 5 kms North of Hera process plant • Results included1: – Highest zinc assays recorded at Nymagee (37.9%) – Some of the highest copper (13.4%) and silver (254g/t) assay results since drilling started in 1905 – Multip
Slide 13: Key Messages
KEY MESSAGES The developer and operator of choice for critical base metals that power the future Significant Cobar Basin Mineral Resource of 26.1Mt1 Established processing infrastructure capacity 1.2 - 1.3Mt High grade Federation Project with Great Cobar to follow Strong cash balance to fund
Slide 14: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com Photo: Peak head frame and ROM stacker
Slide 15: Appendix 1 | Mineral Resources and Ore Reserves
APPENDIX 1 | MINERAL RESOURCES AND ORE RESERVES Group Mineral Resource Estimate as at 30 June 2023 Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Measured 3,000 0.9 2.6 1.1 0.9 12 Indicated 15,000 1.4 1.1 2.8 1.8 8 Inferred 8,200 1.7 0.5 1.8 1.0 8 Total 27,000 1.4 1.0 2.2 1.4 8 Group Or
Slide 16: Appendix 2 | Group Mineral Resources Estimate
APPENDIX 2 | GROUP MINERAL RESOURCES ESTIMATE Group Mineral Resource Estimate as at 30 June 2023 Project Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak Mine copper Measured 1,600 1.3 2.0 0.1 0.1 7 Indicated 8,300 1.8 1.0 0.0 0.0 5 Inferred 6,100 2.1 0.5 0.1 0.0 7 Total 16,000 1.8 0
Slide 17: Appendix 3 | Group Ore Reserve Estimate
APPENDIX 3 | GROUP ORE RESERVE ESTIMATE Group Ore Reserve Estimate as at 30 June 2023 Project Category Tonnes (kt) NSR (A$/t) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak North Mine copper Proved 220 260 1.8 2.1 0.0 0.0 7 Probable 1,500 220 2.0 1.2 0.0 0.0 5 Total 1,700 230 2.0 1.3 0.0 0.0 5 Peak Sou