Metals Exploration Plc · LSE:MTL

Metals Exploration — Shareholder Meeting (June 2015)

14 slides from Metals Exploration's shareholder meeting presentation, Jun 30, 2015

  1. Slide 1: Annual General Meeting – Presentation – 30 June 2015

    Annual General Meeting – Presentation – 30 June 2015

  2. Slide 2: Important Notice

    IMPORTANT NOTICE This presentation has been prepared by the management of Metals Exploration Plc for the benefit of the investing community including, brokers, fund managers, investors and analysts and not for the benefit of any particular person. It should be read in conjunction with information pr

  3. Slide 3: Philippine Focussed – Near Producer

    PHILIPPINE FOCCUSSED – NEAR PRODUCER KEY SHAREHOLDERS - % HOLDING (28 April 2015)  MTL Luxembourg 49.15% SHARE CAPITAL (28 June 2015)  Runruno Holdings 18.98%  Issued ordinary shares 1,374,972,024  Ruffer 13.33%  Unlisted options 7,235,000  Baker Steel 9.80%  Market Capitalisation (28 April)

  4. Slide 4: Runruno Gold Project – Poised for Production

    RUNRUNO GOLD PROJECT – POISED FOR PRODUCTION  100% owned Runruno Gold Project - commissioning underway  Staged commissioning of the process plant commenced  Strong major shareholder support - MTL (Luxembourg) s.a.r.l, Runruno Holdings, Baker Steel, CF Ruffer, Investec  Runruno 100% owned - Finan

  5. Slide 5: Year 2014 Highlights

    Year 2014 HIGHLIGHTS  Finalised debt facility with HSBC and BNP – Paribas  Construction and mine development continued throughout the year  Undertook a major restructure of the Group, requirement of the debt facility security package  Special tree cutting permit issued – construction of RSI comm

  6. Slide 6: Process Plant – Construction and Commissioning

    PROCESS PLANT – CONSTRUCTION and COMMISSIONING  Process plant construction at 93% complete  Switchyard complete, commissioned and in operations  Advanced pre-commissioning  Commenced staged commissioning with the crusher, transfer station and conveyor areas, followed by:  Flotation, 7 July  Mi

  7. Slide 7: Site Video

    Runruno Processing Plant, —

  8. Slide 8: Operational Management

    OPERATIONAL MANAGEMENT  Operational management substantially in place  General Manager Runruno Operations – Peter Storey  General Manager Maintenance – Kevin Oxenham  Technical Services Superintendent – Michael James  Mine Production / Training Superintendent – Colin Smith  Senior Mine Geologi

  9. Slide 9: Corporate Social Responsibility

    CORPORATE SOCIAL RESPONSIBILITY Education & Training Scholarships and assistance Adopt a school programme Out of work youth skills training programmes Teachers salaries Mature age learning programs Health & Nutrition Education Provision of a professionally staffed clinic including doctor and

  10. Slide 10: Corporate Social Responsibility

    CORPORATE SOCIAL RESPONSIBILITY  Environment Protection and Enhancement  Environmental monitoring  Slope stabilisation and rehabilitation of disturbed areas  Forest regeneration  Multiple award winner  Communication Information and Education  To shape desirable social opinion about the compan

  11. Slide 11: Runruno Gold Project

    RUNRUNO GOLD PROJECT Status: - commissioning - 93% complete - Commenced Commissioning - Production ramp-up – Q3/Q4 2015 Initial Mine life: 10.3 years Payable Production: 1,006,000 ozs Annual Production (aver.): 96,700 ozs (101,800 ozs Au years 1-5, 92,700 ozs Au years 6-10.3) • Runruno Cash Cost (Av

  12. Slide 12: Regional Location

    REGIONAL LOCATION Airfield – Bagabag airfield 10 kms north of Solano Road – upgraded – largely concrete. Power supply – switch yard in Bayombong will be the origin for the new 69Kv line to site, running along 5 km the new road • Runruno Project 12

  13. Slide 13: Project Description

    PROJECT DESCRIPTION Five key components:  Mine Open Pit and Run of Mine (ROM) Pad  Process Plant facility consisting of conventional crushing, grinding, flotation, along with BIOX® and gravity recovery  Tailings Storage Facility (TSF): to ensure materials are properly managed and to reclaim water

  14. Slide 14: Resources and Reserves March 2011 & April 2013

    RESOURCES AND RESERVES March 2011 & April 2013 Runruno Main Ore Gold Molybdenum Reserve Category Mt g/t M Oz ppm M lbs Proven 10.2 1.90 0.62 616 13.9 Probable 4.8 1.77 0.27 414 4.4 2P Reserves 15.0 1.85 0.90 603 18.3 Additional Inferred 2.9 1.73 0.16 258 1.7 Resource in-pit Ore Gold Molybdenum Resou

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