Vault Minerals Limited · ASX:VAU
Vault Minerals — Red 5 — Shareholder Meeting (November 2023)
22 slides from Vault Minerals's shareholder meeting presentation, Nov 6, 2023
Slide 1: Annual General Meeting
For personal use only Annual General Meeting Mark Williams Managing Director 6 November 2023 www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence
Slide 2: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer Competent Person Statements for JORC 2012 Mineral Resource and Ore Reserves ● The information in this presentation that relates to the Mineral Resources for the King of the Hills deposit is extracted from the ASX announcement titled “Mineral Resource and O
Slide 3: Red 5 asset overview
Red 5 asset overview Red 5’s assets comprise the King of the Hills (KOTH) Gold Mine, Darlot Gold Mine and a 3.25% net smelter royalty over the Siana Gold Mine KOTH Summary For personal use only Mineral Resource5 4.5Moz 2H FY2023 Production6 103koz Ore Reserve5 2.5Moz Indicative Production2 >200koz p
Slide 4: Red 5 Limited – corporate profile
Red 5 Limited – corporate profile 0.5 Our Company Vision 0.4 “To be a successful multi-operational For personal use only 0.3 exploration and mining company, providing benefits to all stakeholders, through the 0.2 consistent application of technical excellence, and responsible and sustainable industr
Slide 5: CORRE Values and ESG Focus build the foundation
CORRE Values and ESG Focus build the foundation For personal use only Our CORRE Values Courage We take initiative with integrity and have the strength to speak to our convictions Ownership We are committed to our Vision and accountable for our individual/team safety and performance Respect We trust
Slide 6: Performance for months to Sept
Performance for 12 months to 30 Sept ● Continued safety improvement, with 12-month Quarterly 12-month TRIFR TRIFR reducing to 7.6 20.00 18.00 For personal use only ● 15 recordable injuries in 12 months to 30 Sept but 16.00 reduced to 1 in the last 7 months 14.00 12-month TRIFR 12.00 ● 193,843oz gold
Slide 7: SAG mill – throughput up to 5.5Mtpa (nameplate 4Mtpa)
SAG mill – throughput up to 5.5Mtpa (nameplate 4Mtpa) For personal use only www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 7
Slide 8: 4 years from concept to production
4How weconcept years from did it, where we are going to production Delivered a large, modern, low-cost process plant For personal use only 2022 built on time and on budget FY24 guidance: 195-215koz, A$1,850-A$2,100/oz AISC Delivering safe, profitable ounces, significant cash flow Accelerating repaym
Slide 9: Powered by 30MW hybrid gas-solar power station
Powered by 30MW hybrid gas-solar power station For personal use only www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 9
Slide 10: Open pit currently mining the 5195 mRL bench
Open pit currently mining the 5195 mRL bench For personal use only www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 10
Slide 11: H2 FY23 mining performance confirms long term mine plan
H2 FY23 mining performance confirms long term mine plan For personal use only 1. Red 5 ASX Release: 7 September 2023 www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 11
Slide 12: Darlot adds significant value as satellite mine to KOTH
Darlot adds significant value as satellite mine to KOTH ● Darlot benefiting from development investment and reduced cost base For personal use only ● Second jumbo scheduled in H2FY24 ● FY24 focus on Resource conversion Middle Walters South1 ● 6.0m at 71.4g/t ● 3.4m at 42.5g/t ● 31.1m at 5.8g/t Centu
Slide 13: Growth potential for KOTH mine
Growth potential for KOTH mine1 ● Resource definition and grade control drilling continues to For personal use only deliver high-grade assays ● 26.0m at 168.15g/t ● 16.5m at 16.50g/t ● 16.4m at 10.62g/t ● 29.5m at 5.11g/t ● 75.4m at 1.83g/t ● Grade control drilling now complete for over 85% of the F
Slide 14: "King of the Mills" in the Leonora district
“King of the Mills” in the Leonora district ● KOTH process plant is the lowest Regional process plants – mill size, unit cost and distance to Leonora cost mill in the Leonora district ● Large mill drives site-wide 60 For personal use only economies of scale ● 30MW hybrid gas-solar power 50 ● Operati
Slide 15: Standout value opportunity with steady-state operations
Standout value opportunity with steady-state operations ● Red 5 EV/Reserve relative to its 2,000 peers Ramelius For personal use only ● Valuation of WA based-gold companies1 1,600 Bubble size = Enterprise Value Bellevue EV / Reserve (A$/oz) ● ● The new KOTH Gold Mine 1,200 positions Red 5 as an emer
Slide 16: Thank you
For personal use only THANK YOU Level 2, 35 Ventnor Avenue, West Perth, Western Australia 6005 Australia (61-8) 9322 4455 (61-8) 9481 5950 www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 16
Slide 17: Appendicies
For personal use only Appendicies www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 17
Slide 18: KOTH Mineral Resource of 4.5Moz
KOTH Mineral Resource of 4.5Moz1 Total Open Pit & Underground KOTH Resource as at June 2023 Cut-off Mining Gold Contained Gold Classification Tonnes (000t) For personal use only (g/t) Method (g/t) (000oz) Measured 0.4-1.0 OP+UG 4,092 1.1 145 Indicated 0.4-1.0 OP+UG 67,559 1.5 3,286 Inferred 0.4-1.0
Slide 19: KOTH Ore Reserve of 2.5Moz
KOTH Ore Reserve of 2.5Moz1 Total KOTH Ore Reserves as at June 2023 Cut-off JORC 2012 Tonnes Gold Contained Gold Deposit Mining Method (g/t) Classification (Mt) (g/t) (Moz)2 For personal use only KOTH Open pit 0.4 Proved 4.6 0.8 0.1 KOTH Open pit 0.4 Probable 54.2 1.2 2.0 KOTH Underground 1.4 Probab
Slide 20: Top Gold Deposits in Australia
Top 20 Gold Deposits in Australia Resources Reserves Mt g/t Moz Mt g/t Moz Cadia 3374 0.4 46.6 Cadia 1280 0.4 17.4 For personal use only Golden Mile – KCGM 565 1.6 28.3 KCGM (100%) 286 1.3 12.2 Boddington 788 0.6 15.2 Boddington 525 0.6 10.6 Mallina Gold Project 278 1.3 11.7 Mallina Gold Project 121
Slide 21: Australian Top Gold Deposits
Australian Top 20 Gold Deposits1 Resources Reserves Resources Reserves Resources Reserves Mt g/t Moz Mt g/t Moz Mt g/t Moz Mt g/t Moz Mt g/t Moz Mt g/t Moz Cadia Newcrest St Ives Goldfields Sunrise Dam AngloGold Ashanti Measured 32.0 0.30 0.3 Proven Measured 0.9 3.30 0.1 Proven 5.9 2.60 0.5 Measured
Slide 22: Thank you
For personal use only THANK YOU Level 2, 35 Ventnor Avenue, West Perth, Western Australia 6005 Australia (61-8) 9322 4455 (61-8) 9481 5950 www.red5limited.com Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 22