Slide 1: June Quarterly Results Presentation
For personal use only 26 JULY 2023 ASX/TSX: PRU
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: Yaouré All production targets referred to in this report are underpinned by estimated Ore Reserves which have been prepared by The information in this report that relates to the Open Pit and Underground Mineral Resources and the Underground Ore Reser
Slide 3: Overview of Operating & Financial Results
For personal use only OVERVIEW OF OPERATING & FINANCIAL RESULTS PERSEUS MINING LIMITED PERSEUSMINING.COM 3
Slide 4: Perseus improves key operating metrics in June 2023 quarter
PERSEUS IMPROVES KEY OPERATING METRICS IN JUNE 2023 QUARTER For personal use only Gold production AISC Average gold sale Cash margin Notional Cashflow price from operations of 136,634 oz US$1,007/oz US$1,933/oz US$926/oz US$127 million for the quarter Strong operating performance is continuing in th
Slide 5: Perseus continues to successfully execute its business plans
PERSEUS CONTINUES TO SUCCESSFULLY EXECUTE ITS BUSINESS PLANS Consistently delivers production & costs in line or exceeding with market expectations For personal use only PERSEUS MINING 5
Slide 6: Perseus has outperformed both production and cost guidance
PERSEUS HAS OUTPERFORMED BOTH PRODUCTION AND COST GUIDANCE JUNE 2023 HALF YEAR 2023 FINANCIAL YEAR PARAMETER UNITS For personal use only Guidance Actual Guidance Actual Yaouré Gold Mine Production Ounces 117,500 to 130,000 137,120 254,300 to 266,800 273,941 All-in Site Cost USD per ounce 900 to 1,00
Slide 7: Guided production and cost outlook remains strong
GUIDED PRODUCTION AND COST OUTLOOK REMAINS STRONG JUNE 2023 DECEMBER 2023 2023 CALENDAR For personal use only PARAMETER UNITS HALF YEAR HALF YEAR YEAR (ACTUAL) (FORECAST) (FORECAST) Yaouré Gold Mine Production Ounces 137,120 125,000 to 140,000 262,100 to 277,120 All-in Site Cost USD per ounce 786 85
Slide 8: Translates into strong and improving financial metrics
TRANSLATES INTO STRONG AND IMPROVING FINANCIAL METRICS For personal use only AVG GOLD SALE CASH MARGIN NOTIONAL CASHFLOW(2) NET CASH & BULLION CORPORATE DEBT FACILITY PRICE UPSIZED TO US$1,933/oz US$926/oz US$127M US$522M US$300M Up $112/oz or 6%(1) Up 9%(1) Up 14%(1) Up $51M or 11%(1) Up from $150M
Slide 9: Sustainability Performance
For personal use only SUSTAINABILITY PERFORMANCE PERSEUS MINING LIMITED PERSEUSMINING.COM 9
Slide 10: Sustainability
SUSTAINABILITY For personal use only SAFETY • Safety performance across the Group remained stable. Total Recordable Injury Frequency Rates (TRIFR) decreased slightly from 1.29 last quarter to 1.20 at the end of June 2023 which is higher than the FY23 threshold of 1.10 and target of 0.8. There were t
Slide 11: Organic Growth
For personal use only ORGANIC GROWTH PERSEUS MINING LIMITED PERSEUSMINING.COM 11
Slide 12: Project Studies
PROJECT STUDIES COTE D’IVOIRE – Yaouré For personal use only • Drilling and Feasibility Study continued for CMA Underground Project at Yaouré. Included Resource interpretation and estimation, geotechnical and metallurgical studies, operational readiness planning, updated cost estimates and undergrou
Slide 13: Exploration
EXPLORATION SUDAN • Undertook infill Resource definition drilling, sterilisation trenching and drilling, hydrogeological, metallurgical, and geotechnical For personal use only work plus work to understand geological controls, refining and remodelling the Mineral Resource at the GSS Deposit at the Me
Slide 14: Exploration - Ghana
EXPLORATION GHANA • DML Agyakusu PL - Mapping, geochemical sampling and auger drilling designed to evaluate high priority gold-in-soil anomalies For personal use only along the Nkosuo structure south of Nkosuo gold deposit. Work has identified a number of high priority targets that will be the focus
Slide 15: Project Development - Meyas Sands Gold Project
PROJECT DEVELOPMENT MEYAS SANDS GOLD PROJECT For personal use only • Perseus’s 70%-owned Meyas Sand Gold Project (MSGP) is located in northern Sudan near the border with Egypt. • Armed conflict between the Sudanese Armed Forces and a powerful militia, has been reported in capital city, Khartoum, (~1
Slide 16: Project Development - Meyas Sand Gold Project
PROJECT DEVELOPMENT - MEYAS SAND GOLD PROJECT For personal use only PERSEUS MINING 16
Slide 17: Inorganic Growth
For personal use only INORGANIC GROWTH PERSEUS MINING LIMITED PERSEUSMINING.COM 3
Slide 18: Potential Mergers and Acquisitions
POTENTIAL MERGERS AND ACQUISITIONS • In the short to medium term, Perseus’s focus remains on ensuring that we maintain, at least, our current gold production levels at in excess of 500,000 ounces of gold per year well into the next decade. For personal use only • In the longer term, Perseus remains
Slide 19: For more information please contact
For personal use only For more This information presentation was please contact: authorised for release by Perseus Managing Director and Chief Executive Officer, Jeff Quartermaine ASX/TSX: PRU | WWW.PERSEUSMINING.COM