Ramelius Resources Limited · ASX:RMS

Ramelius Resources — Melbourne Mining Club (September 2015)

25 slides from Ramelius Resources's conference presentation, Sep 15, 2015

  1. Slide 1: Ramelius Resources Limited – Melbourne Mining Club

    For personal use only Ramelius Resources Limited ASX:RMS Melbourne Mining Club – 15 September 2015

  2. Slide 2: Forward Looking & Competent Persons Statements

    Forward Looking & Competent Persons Statements For personal use only Forward Looking Statements This presentation contains certain forward looking statements with respect to Ramelius’financial condition, results of operations, production targets and other matters that are subject to various risks an

  3. Slide 3: Corporate History

    Corporate History ASX Gold Producer since 2006 For personal use only *Market Capitalisation data taken as EOQ Ramelius Resources Limited • Melbourne Mining Club - September 2015 3

  4. Slide 4: Corporate Summary

    Corporate Summary For personal use only Capital Structure (as at 31 Aug 15) Board & Management Shares on Issue 473.6M Robert Kennedy Non Executive Chairman Market Cap A$56.8M Mark Zeptner Cash & Gold (as at 30 Jun 15) A$36.3M Managing Director Kevin Lines Corporate Debt Nil Non Executive Director En

  5. Slide 5: The Investment Case

    The Investment Case For personal use only Australia’s next 100koz p.a gold producer Capital Position Operations Upside Ramelius Resources Limited • Melbourne Mining Club - September 2015 5

  6. Slide 6: Operations & Development Projects

    Operations & Development Projects For personal use only Blackmans Gold Project Kathleen Valley Gold Mine Resource Tonnes 457kt Resource 163koz Resource Grade 2.6g/t Reserve 55koz Resource Ounces 38koz Life 1.5 years AISC A$936/oz Mt Magnet Gold Mine UCF* A$28M Mill Capacity 1.7Mtpa Resource 1.8Moz R

  7. Slide 7: Operations - Mt Magnet Gold Mine

    Operations - Mt Magnet Gold Mine For personal use only  Focus on Saturn/Mars open pits  Saturn pit • 210m deep, final depth • Grade Sep 2015 Qtr - 2.0g/t • Mined Oct 2011 - Sep 2015  Mars pit • 130m deep, 140m at base • Remaining grade 1.8g/t • Mined Oct 2011 - Sep 2015  Transition to Percy pit

  8. Slide 8: Operations - Mt Magnet Gold Mine

    Operations - Mt Magnet Gold Mine Milled Tonnes (t)use only Milled Tonnes & Head Grade Gold Production & Costs 700,000 2.00 25,000 2,000 SAG mill 22,500 repairs Ball mill 1,800 600,000 1.80 motor 20,000 1,600 500,000 1.60 17,500 1,400 Gold Production (oz) Head Grade (g/t) Costs A$/oz For personal 15,

  9. Slide 9: Operations - Kathleen Valley Gold Mine

    Operations - Kathleen Valley Gold Mine For personal use only  1st Sep 2014 - Acquisition completed  Nov 2014 - Infill drilling completed  Jan 2015 - Upgraded Mineral Resource:  1,814,000t @ 2.8g/t for 163,000oz  Jan 2015 - Maiden Ore Reserve  25th Jun 2015 - Mining commenced  17th Aug 2015 -

  10. Slide 10: Operations - Kathleen Valley Gold Mine

    Operations - Kathleen Valley Gold Mine For personal use only Ore Reserve Physicals June 2015 Mine Life 1.5 years Mineral Resource 163koz Ore Reserve 55koz Grade 4.2 g/t Recovery 95.0% Recovered Ounces 52koz BFS Financials February 2015 Up Front Capital A$1.5M C1 Cash Cost A$925/oz AISC A$936/oz Tota

  11. Slide 11: Operations - Vivien Gold Mine

    Operations - Vivien Gold Mine For personal use only  Jul 2014 - Acquisition & approvals completed  Oct 2014 - Updated BFS, improved financials  Mar 2015 - Preliminary surface works started  May 2015 - A$10M facility secured (undrawn)  Jun 2015 - Decline commenced  Nov 2015 - First ore mined 

  12. Slide 12: Operations - Vivien Gold Mine

    Operations - Vivien Gold Mine For personal use only Ore Reserve Physicals June 2015 Mine Life 3 years Mineral Resource 184koz Mining Inventory 109koz2 Grade 7.6 g/t Recovery 95.0% Recovered Ounces 104koz Updated BFS Financials Oct 2014 Up Front Capital A$16.3M C1 Cash Cost A$766/oz Royalties A$120/o

  13. Slide 13: Operations - Vivien Gold Mine

    Operations - Vivien Gold Mine For personal use only Ramelius Resources Limited • Melbourne Mining Club - September 2015 13

  14. Slide 14: Development - Blackmans Gold Project

    Development - Blackmans Gold Project For personal use only  Sep 2014 - Secured 100% of Blackmans ML  Jan 2015 - High grade intersections: 9m at 31.9 g/t Au 25m at 7.61 g/t Au 13m at 8.27 g/t Au  Jun 2015 - Mineral Resource: 457,000t @ 2.6g/t for 38,000oz  Oct 2015 - Maiden Ore Reserve  Q2 2

  15. Slide 15: Development - Blackmans Gold Project

    Development - Blackmans Gold Project Resource For personal use only Physicals June 2015 Resource Tonnes 457kt Resource Grade 2.6g/t Resource Ounces 38koz Ramelius Resources Limited • Melbourne Mining Club - September 2015 15

  16. Slide 16: Production Targets - FY2016

    Production Targets - FY2016  Utilising Checker gold mill at Mt Magnet (1.7Mtpa capacity) For personal use only  Increasing grade & gold production Quarter on Quarter, >100koz run rate from Mar 2016 Qtr FY2016 - Group Production Profile 40,000 3.0 2.7 35,000 2.5 30,000 2.1 Kathleen Valley 1.9 Mossb

  17. Slide 17: Production Targets - Year Plan

    Production Targets - 3 Year Plan*  Vivien & Kathleen Valley gold projects commenced Q4 FY2015 use only  Combines with Mt Magnet over next 3 years using primarily Ore Reserves (92%) RMS - Group Production Profile 1,250 140,000 1,250 Yellow Aster 1,100 120,000 1,000 For personal Nil Desperandum 1,00

  18. Slide 18: Exploration - Project Locations

    Exploration - Project Locations For personal use only Ramelius Resources Limited • Melbourne Mining Club - September 2015 18

  19. Slide 19: Exploration - Mt Magnet (WA)

    Exploration - Mt Magnet (WA) For personal use only  3-D geological model created using gravity & magnetic data  Targeting large tonnage opportunities within felsic porphyry units  1.5km sth of Galaxy open pits  First target Milky Way open pit:  Broad zones of mineralised felsic porphyry interse

  20. Slide 20: Exploration - Tanami JV (NT)

    Exploration - Tanami JV (NT) For personal use only  1,700km2 of prospective geology  RMS earnt 85% from Tychean (ASX: TYK)  Within 100km;  Newmont’s +20Moz Callie Gold Mine  Granites Treatment Plant  Highland Rocks ELs grants pending  Follow-up drilling underway at Suplejack Ramelius Resource

  21. Slide 21: Forward Strategy

    Forward Strategy 1. Focus on capital management For personal use only 2. Profitable operations 3. High margin asset discovery * AISC represents All-In Sustaining Costs as per the World Gold Council guidance Ramelius Resources Limited • Melbourne Mining Club - September 2015 21

  22. Slide 22: Thank you

    Thank you For personal use only Contact details:  Mark Zeptner – Managing Director  Phone – +61 8 9202 1127  Email – reception@rameliusresources.com.au  Website – www.rameliusresources.com.au Ramelius Resources Limited • Melbourne Mining Club - September 2015 22

  23. Slide 23: Production Targets, Mineral Resources & Ore Reserves Note

    Production Targets, Mineral Resources & Ore Reserves Note For personal use only For detailed information relating to Mineral Resources and Ore Reserves see ASX release (RMS) 10 Sept 2015, ‘Resources and Reserves Statement’. All Mt Magnet Production targets are based on Ore Reserves. ¹ Kathleen Valle

  24. Slide 24: Mineral Resource Statement

    Mineral Resource Statement MINERAL RESOURCES AS AT 30 JUNE 2015 - INCLUSIVE OF RESERVES For personal use only Measured Indicated Inferred Total Resource Deposit Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz For detailed information re

  25. Slide 25: Ore Reserve Statement

    Ore Reserve Statement For personal use only ORE RESERVE STATEMENT AS AT 30 JUNE 2015 Proven Probable Total Reserve For detailed information relating to Tonnes Au Au Tonnes Au Au Tonnes Au Au Ore Reserves see ASX release (RMS) 10 ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz Sept 2015, ‘Resources and

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