Aurelia Metals Limited · ASX:AMI
Aurelia Metals — 2021 Macquarie Western Australia Forum
27 slides from Aurelia Metals's conference presentation, Dec 1, 2021
Slide 1: 2021 Macquarie Western Australia Forum
For personal use only 2021 MACQUARIE WESTERN AUSTRALIA FORUM 1 December 2021 Dan Clifford, Managing Director & CEO ASX Code: AMI
Slide 2: Forward Looking Statements
2 FORWARD LOOKING STATEMENTS PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only This presentation has been prepared by Aurelia Metals Limited (“AMI” By its very nature, production and exploration for gold and base metals or the “Company”). It should not be considered as an offer or invitat
Slide 3: Aurelia Snapshot
3 AURELIA SNAPSHOT PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Our vision is to be a mining business recognised for creating ASX: AMI exceptional value through our people and a portfolio of gold and base metals assets. Share price (30 Nov 2021) A$0.43 We value Integrity, Certainty,
Slide 4: The Portfolio
4 THE PORTFOLIO PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Three cashflow producing assets through regional New South Wales PEAK FY22e outlook FY21 actual Gold (koz) 53-58 57 Lead (kt) 13.0-14.5 15.8 Zinc (kt) 13.0-14.5 10.8 Copper (kt) 3.5-4.0 4.7 AISC (A$/oz) 1,350-1,550 867 HERA
Slide 5: FY22 Group Production Guidance
5 FY22 GROUP PRODUCTION GUIDANCE PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Group Output FY22e outlook FY21 actual FY22e forecast gold production by quarter Gold (koz) 112 – 123 104 Forecast % of FY22e gold output Actual % of FY22e gold output Lead (kt) 24.5 – 27.0 25.9 35% Zinc (k
Slide 6: Cycle Proofed Mine Lives and Commodity Mix
For personal use only 6 CYCLE PROOFED MINE LIVES AND COMMODITY MIX Strategy delivery
Slide 7: Our Strategy
7 OUR STRATEGY PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Simple, durable and returns focussed 1 Sustainable progression An organisation that excels through our people and superior performance A trusted, sustainable and beneficial presence in the areas in which we operate 2 Sweat o
Slide 8: Sustainable Foundation
8 SUSTAINABLE FOUNDATION PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Driven by our Vision and Values and underpinning durability 1 58% $ Leadership and accountability SUSTAINABILITY GOVERANCE of 3 years reduction Sustainability Sustainability TCFD in TRIFR targets hardwired into app
Slide 9: Strong Financial Performance Driving Certainty
9 STRONG FINANCIAL PERFORMANCE DRIVING CERTAINTY PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only FY21 Financial Results Key metric Units FY21 FY20 % chg Operating Mine Cash Flow A$M 185.2 124.6 +49% EBITDA – underlying A$M 168.6 99.6 +69% EBITDA Margin – underlying % 40% 30% +33% AISC M
Slide 10: Operating Certainty Driving Growth
10 OPERATING CERTAINTY DRIVING GROWTH PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Group gold production Group gold equivalent production (koz) (koz Au eq) 140 3,000 200 120 175 2,500 150 100 2,000 125 80 1,500 100 60 75 1,000 40 50 20 500 25 0 0 0 FY16 FY17 FY18 FY19 FY20 FY21 FY22e
Slide 11: Robust Industry Positioning
For personal use only 11 MACQUARIE VALUE THROUGH OUR WA FORUM PEOPLE AND PORTFOLIO DECEMBER 2021 MARCH 2021 QUARTER JUNE 2021 QUARTER -1,500 -500 1,500 2,500 0 1,000 2,000 500 -1,000 1,500 -500 0 2,500 1,000 -1,000 2,000 500 Ernest Henry Ernest Henry Cadia Valley Cadia Valley Fosterville Fosterville
Slide 12: Superb Footing in the Cobar Basin
For personal use only 12 SUPERB FOOTING IN THE COBAR BASIN Exploring one of the last frontiers
Slide 13: Strategic Asset Base
13 STRATEGIC ASSET BASE PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Full utilisation of exploration tenements • Competitive portfolio of mines, mills and Exploration Licences • ~100km of tenements along eastern margin of the Cobar Basin • Eastern margin contains all major deposits i
Slide 14: Aurelia Tenure Resource Discoveries
14 AURELIA TENURE RESOURCE DISCOVERIES PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only 1.60 1.40 Resource (AuEq, Moz) 1.20 1.00 6.4 g/t AuEq 8.1 g/t AuEq 0.80 0.60 7.0 g/t AuEq 0.40 3.9 g/t AuEq 4.0 g/t AuEq 10.8 g/t AuEq 7.8 g/t AuEq 0.20 0.00 1999 2000 2001 2002 2003 2004 2005 2006 20
Slide 15: Path to Near Term Value
For personal use only 15 PATH TO NEAR TERM VALUE Fully funded growth
Slide 16: Hera-Federation Complex
16 HERA-FEDERATION COMPLEX PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Boots on ground to construct new tier one asset • Hera camp expansion complete • Contract awarded for Federation exploration decline • Exceptional drilling results released in October to provide further upside in
Slide 17: Peak Mines – Great Cobar
17 PEAK MINES – GREAT COBAR PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Brownfields acceleration • Great Cobar (GC) EIS approval tracking ahead of schedule • GC Pre-Feasibility Study in advanced stage – on track for completion this quarter • Outstanding recent GC drilling results in
Slide 18: Dargues Mine
18 DARGUES MINE PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Ramp up delivered with tonnage and grade • Phase 1 drill campaign complete • Program significantly improved confidence in Mineral Resource and Ore Reserve in upper portion of deposit • 33% increase in MRE • Phase 2 drill pr
Slide 19: Summary
19 SUMMARY PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Strategy is delivering improved asset quality Competitive portfolio – mines, mills, ELs Exceptional organic growth fully funded DECEMBER 2021 MACQUARIE WA FORUM
Slide 20: Contact
For personal use only 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.au
Slide 21: Appendix
For personal use only 21 APPENDIX
Slide 22: Hera Federation Complex
22 HERA FEDERATION COMPLEX PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Organic growth at its best with flexible, early processing options Federation Resource Federation Maiden update discovered Federation Federation Federation Resource maiden Ore Resource Federation North Pod mine u
Slide 23: Peak Mines
23 PEAK MINES PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Kairos ramp-up and Great Cobar development Pb/Zn First Kairos plant stoped ore Kairos discovered upgrade completed Great MROR Cobar (GC) update Peak Mine maiden Ore acquired Reserve CY2018 2019 2020 2021 2022 2023 2024 2025 F
Slide 24: Dargues Mines
24 DARGUES MINES PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Output expansion and life extension opportunities Phase 2 drilling Dargues New MROR Mine estimates acquired Phase 1 MROR drilling update Nameplate mine integration throughput achieved achieved CY2018 2019 2020 2021 2022 20
Slide 25: Mineral Resources
25 Dargues Mine (30 June 2021) 3 MINERAL RESOURCES Class Tonnes (kt) Au (g/t) Au (koz) PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Peak Mine (30 June 2021) 1 Measured 380 6.0 70 Indicated 1.200 4.8 180 Tonnes Au Cu Pb Zn Ag Class Inferred 570 5.1 94 (kt) (g/t) (%) (%) (%) (g/t) Tota
Slide 26: Ore Reserves
26 ORE RESERVES PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Peak Mine (30 June 2021) Hera Mine (30 June 2021) Tonne Tonnes NSR Ag Pb Zn Ag NSR Au Cu Pb Zn Ag Class Class s (kt) (A$/t) (g/t) (%) (%) (g/t) (A$/t) (g/t) (%) (%) (%) (g/t) (kt) Proved 1,300 240 2.7 1.0 1.7 2.0 10 Indicat
Slide 27: Production Targets (LOM Schedules)
27 PRODUCTION TARGETS (LOM SCHEDULES) PEOPLE AND PORTFOLIO VALUE THROUGH OUR For personal use only Peak Mine (30 June 2021) Hera Mine (30 June 2021) Tonnes NSR Au Cu Pb Zn Ag Tonnes NSR Au Pb Zn Ag Category Category (kt) (A$/t) (g/t) (%) (%) (%) (g/t) (kt) (A$/t) (g/t) (%) (%) (g/t) Measured portion
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