Resolute Mining Limited · ASX:RSG
Resolute Mining — Non-Deal Roadshow (June 2011)
14 slides from Resolute Mining's roadshow presentation, Jun 22, 2011
Slide 1: CEO's Presentation for European Roadshow
ASX Announcement ACN 097 088 689 For personal use only 22 JUNE 2011 1 CHIEF EXECUTIVE OFFICER’S PRESENTATION FOR EUR OPEAN R OADSHOW Attached is a copy of the Chief Executive Officer’s presentation to be given on a European Roadshow. For and on behalf of the Board GREG FITZGERALD Company Secretary
Slide 2: Company Presentation: A Golden Value Opportunity
For personal use only CO COMPANY PRESENTATION June 2011 A GOLDEN VALUE OPPORTUNITY
Slide 3: Gold Credentials / Cash Returns
GOLD CREDENTIALS • Gold Mines: Syama, Mali Ravenswood, Australia For personal use only Golden Pride, Tanzania • Production: FY11 330,000oz, FY10 352,303oz 3rd Largest g Gold Producer on ASX 100% Unhedged • Reserves: 3.5Mozs* Total Resources: 10.4Mozs* • Development: Advanced Projects to Increase Pro
Slide 4: Corporate Summary
CORPORATE SUMMARY Capitalisation Board of Directors • Issued Shares (ASX: RSG): 467 million • Peter Huston Non Exec Chairman For personal use only • Issued Options (ASX: RSGO): 51 million • Peter Sullivan Managing Director • Iss ed Con Notes (ASX Issued (ASX: RSGG) 137million • Tom Ford Non Executiv
Slide 5: A Clear Value Opportunity
A CLEAR VALUE OPPORTUNITY Moz ASX Peer Gold Reserves* For personal use only 6 5 4 3 2 1 0 *Based on latest ASX filings A CLEAR VALUE OPPORTUNITY $M Market Capitalisation* 2500 2000 1500 1000 500 0 * Undiluted closing value 17 June, 2011
Slide 6: Syama / Syama Operations
SYAMA • Cornerstone Asset of Resolute For personal use only ( Resolute 80%, Mali Govt 20%) • Operation is Basis of Major West African Position • Over 6Moz of Contained Gold with Substantial Exploration Upside • 10+ Year Operation • Ramping Up to Annual Production to 250,000oz+ • Further Production U
Slide 7: Syama Pit Expansion / Oxide Circuit
SYAMA PIT EXPANSION • Resource Of +3.0Moz Below Current For personal use only g Pit Design • New Pit Reoptimisation and Redesign Based on US$1200/oz Gold Price • Add 900Koz to Reserve and Extends 85m Deeper • Feasibility Study Into Pit Expansion to be Completed in 2011 • Underground Plan to be Revis
Slide 8: Syama North and South Exploration Upside
SYAMA NORTH EXPLORATION UPSIDE A21/Quartz Vein Hill : Infill and extension RC For personal use only drilling on 50m traverses Initial resource of 601,000oz @ 2.5g/t Au Alpha : Infill and extension RC drilling on 50m traverses. Initial resource of 101,000oz @ 1.8g/t Au Syama Extended : Infill and ext
Slide 9: Syama Grid Power Connection / Regional Exploration
SYAMA GRID POWER CONNECTION • Current Diesel Power Generation Costs For personal use only ~1/3 1/3 of Syama Syama’ss Cash Operating Costs • West African Power Pool Interconnection with Cote d’Ivoire Under Construction • Grid to be Commissioned in Sikasso 2011 • Connection to Syama will Substantially
Slide 10: Cote d'Ivoire Exploration / Ravenswood
COTE D IVOIRE EXPLORATION • Focus on the Under Explored, For personal use only World-Class World Class Birimian Terrains of West Africa • ~10,000sqkm , q of Permits Coveringg over 200km of Greenstone Belts NE of Newcrest Mining’s Bonikro Mine • Broad Scale 1km x1km Multi Element Sampling Targeting L
Slide 11: Mount Wright / Sarsfield Open Pit
MOUNT WRIGHT For personal use only • Mining Ramp Up with Sub Level Shrinkage Method Established • Production target 1.0mpta @ 3.5g/t for 100,000ozpa ~100 000ozpa • Reserve Additions with Infill Drilling from 720mRL to 600mRL • Further Testing for Depth Extension ((600mRL to 300mRL)) to Commence • Ad
Slide 12: Welcome Breccia / Golden Pride
WELCOME BRECCIA • New Discovery Near Ravenswood Plant For personal use only (Resolute 80%) • WED003 Intersected a Spectacular 113m @ 7.7g/t Au from 316m • Mineralisation is Plunging Steeply and Remains p at Depth. Open p • Initial Resource Estimate 2.04Mt @ 3.18g/t Au for 208,000oz • Welcome Breccia
Slide 13: Golden Pride / Nyakafuru
GOLDEN PRIDE For personal use only • Incremental Reserve Additions of ~50,000oz , at Majij / Southern Oxides • Assessments of Terry’s Target , ATM and Far East Ongoing NYAKAFURU • 1.0Moz resource • 120kms from GP • R i i Development Reviewing D l t Options
Slide 14: Summary
SUMMARY • Substantial Exploration, Development and Operational For personal use only Experience • Early Mover into West Africa • Strong Long Term Production Profile • Moving to Cash Generation Phase • Highly Leveraged to Strong Gold Price Environment • De-gearing Balance Sheet • Growth Options Becom