29metals Limited · ASX:29M
29metals — Macquarie Western Australia Forum 2021
25 slides from 29metals's conference presentation, Dec 1, 2021
Slide 1: Western Australia Forum Presentation
ASX ANNOUNCEMENT Wednesday, 1 December 2021 WESTERN AUSTRALIA FORUM PRESENTATION Accompanying this release is a presentation being delivered by 29Metals Limited Chief Operating Officer, Ed Cooney, at the Western Australia Forum hosted by Macquarie Group later this morning. -ENDS- This announcement w
Slide 2: Macquarie Western Australia Forum
29Metals Macquarie Western Australia Forum December 2021
Slide 3: Important information
Important information The information in this presentation has been derived from material publicly released by 29Metals and is provided for informational purposes only and may be changed or updated without notice. The information presented should not be used for any purpose other than gaining genera
Slide 4: Overview
Overview 29Metals 1 2 3 4 Highly experienced Board Substantial copper Transition to a green High-grade, long mine and management team producer, with all assets in economy underpins life copper portfolio, with a track record of Tier 1 jurisdictions attractive demand-supply complemented by value creat
Slide 5: Our vision and strategy
Our vision and strategy To be a leading copper-focused mining company delivering sustainable growth in shareholder value Execute Our Plan Deliver operating plan Continuous improvement – Safety and environmental performance – Further productivity gains and unit cost reduction Deliver Organic Grow
Slide 6: ESG matters
Our vision and strategy ESG matters 29Metals has a commitment to robust governance, safety and sustainability COPPER OUR LEADERSHIP Sits at the heart of electrification, Board and leadership team with extensive decarbonisation and the global executive experience developing and transition to a greene
Slide 7: Corporate Snapshot
Corporate Snapshot 29Metals Capitalisation Major Shareholders (1-Oct-2021) A$ # Investor Name % Share Price1 $/sh $2.68 1. EMR Capital 45.0% Shares on Issue (SOI) m 480 2. AustralianSuper 8.0% Market Cap $m $1,288 3. Ausbil 7.6% Debt2,3 $m $208 4. Tyndall 5.8% Cash2,4 $m $172 Net Debt2 $m $36 Shareh
Slide 8: Portfolio
Portfolio Substantial copper producer, with all assets in Tier 1 jurisdictions Production from Golden Grove and Capricorn Copper, both with long mine lives, production growth and significant resource extension potential, plus Redhill in Chile providing a strategic landholding in the largest copper p
Slide 9: Substantial copper producer, with all assets in Tier 1 jurisdictions
Substantial copper producer, with all assets in Tier 1 jurisdictions High-grade, long mine life copper portfolio, complemented by diversified by-product revenue Golden Grove Capricorn Copper Redhill Australia Australia Chile Investment Highlights Investment Highlights Investment Highlights World-c
Slide 10: Organic growth opportunities
Organic growth opportunities Substantial pipeline of organic growth Golden Grove Golden Grove Golden Grove Golden Grove Capricorn Copper Capricorn Copper Capacity Development of high- Gossan Valley Cervantes Complete transition to Achieve consistent improvements grade Xantho southern cave at 2Mtpa t
Slide 11: Exploration and Resource Development Pipeline
Exploration and Resource Development Pipeline Substantial pipeline of organic growth opportunities across the portfolio Regional exploration upside GOLDEN GROVE Xantho D Zinc Crescent Conteville Xantho Extended Hougoumont Xantho Extended North Cervantes Gossan Oizon Valley Gossan Hill Remnants Scudd
Slide 12: Health and Safety
Health and Safety The health, safety and wellbeing of 29Metals’ workforce and the communities in or near which 29Metals conducts its business is the Company’s highest priority Safety is fundamental to our business Total Recordable Injuries (LHS) and Frequency Rate (RHS)1 (TRI) (TRIFR) Introduction o
Slide 13: Sustainability
Sustainability 29Metals is committed to sustainability and maintaining its social license to operate Key environmental management priorities include management of tailings, responsible use of natural resources and climate change Detailed management systems and processes for tailings storage Lower
Slide 14: Environment, Social, Governance highlights
Environment, Social, Governance highlights 29Metals is committed to good governance, safety and sustainability 2021 Sep-Qtr Highlights Golden Grove SHINE program supporting opportunities for women in mining Bayalgu Indigenous pre-employment program supporting local indigenous employment opportun
Slide 15: Golden Grove Asset Overview
Golden Grove Asset Overview Location Western Australia Mine Type Underground, long hole open stope Commercial Production Commenced in 1990 Mine Life 10+ years Product Copper concentrate, zinc concentrate, high precious metals concentrate Tonnes Cu Au Zn Ag Pb Cu-eq (Mt) (%) (%) (%) (g/t) (%) (%) Con
Slide 16: Golden Grove Asset Overview: Reserve and Resource growth
Asset Overview Golden Grove Demonstrated productivity and mine life improvements underpinned by Ore Reserves and Mineral Resources replacement and growth Ore Reserve and Mineral Resource conversion and growth (Mt)1 +246% +224% 58 16 53 14 14 12 39 39 18 4 2016 2017 2018 2019 2020 2016 2017 2018 2019
Slide 17: Golden Grove: Operational improvements
Asset Overview Golden Grove Significant operational improvements with mining and milling rates increasing Mining rate (Mtpa)1 Milling capacity (Mtpa)2 • Increased mining rate from 0.9Mt in 2016 to 1.4Mt in 2020 • Secondary crusher installed in Q4 2019 to upgrade the mill capacity from 1.4Mtpa to 1.7
Slide 18: Gossan Valley Opportunity
Asset Overview Gossan Valley Opportunity Gossan Valley presents a third mining front opportunity with the potential to underpin increased production rate of 2Mtpa Gossan Valley Mineral Resources1,2,3 Overview Pre-Feasibility Study (PFS) completed GV Status Feasibility Study (FS) underway Simil
Slide 19: Exploration: Golden Grove
Exploration Golden Grove Significant mine life extension potential at multiple orebodies Potential Mining Front Existing Operations World-class VHMS with multiple ore sources and diversified, low risk production Gossan Valley & Grassi Gossan Hill Scuddles 1100m Advancing known targets and genera
Slide 20: Exploration: Golden Grove - Cervantes
Exploration Golden Grove - Cervantes First results show the potential for Cervantes to deliver additional high-grade, high-margin material, which presents an upside opportunity Drilling Results Long section presentation of Cervantes Results of the first six holes of the 12-14 hole Cervantes drilling
Slide 21: Capricorn Copper
Capricorn Copper High-grade copper operation in a Tier 1 jurisdiction Asset overview Description ~120km north of Mt Isa, QLD, Australia Location Concentrate offtake to Mt Isa, although rail provides export Major Town optionality Minor Town Deposit Type 5 discrete U/G sulphide orebodies Capricorn
Slide 22: Exploration: Capricorn Copper
Exploration Capricorn Copper Five known deposits: 1,858km2 of highly prospective, under- Multiple mining fronts and orebodies explored tenements with numerous prospects prioritised for investigation and multiple ready targets Esperanza South, Mammoth and Greenstone currently in production. Esper
Slide 23: 29Metals Highlights
29Metals Highlights 1 Favorable commodity outlook 2 Two long life, well established Australian operations in Tier 1 locations 3 High grade underground operations on grid power minimising environmental footprint 4 Substantial pipeline of organic growth opportunities across the portfolio, including in
Slide 24: Cu-eq Calculations
Cu-eq Calculations Copper equivalent (Cu-eq) Metrics Cu-eq is a measure of contained metals, where the total value of all metals within mineralized materials is calculated on the basis of assumed prices for such metals, and then converted to a ‘copper equivalent’ by dividing this total value by the
Slide 25: Unlocking value to empower the future.
Unlocking value to empower the future. 24