Sandfire Resources Ltd · ASX:SFR
Sandfire Resources — Resources Rising Stars Virtual Investor Forum 2020
22 slides from Sandfire Resources's conference presentation, May 27, 2020
Slide 1: Building a global, diversified and sustainable mining company
Karl Simich, Managing Director and CEO Strong platform for growth Building a global, diversified and Expanding production pipeline sustainable mining company Emerging discovery in the Kalahari Copper Belt Resources Rising Stars Virtual Investor Forum, 27 May 2020
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This presentation has been prepared by Sandfire Resources Ltd (Sandfire or the Company). This document contains information about Sandfire current at the date of this presentation. The presentation is in summary form, has not been independently verified and does
Slide 3: Competent Person's Statements
Competent Person’s Statements DeGrussa and Monty Mineral Resource The information in this presentation that relates to the DeGrussa and Monty Mineral Resource is based on information compiled by Mr Callum Browne who is a Member of The Australasian Institute of Mining and Metallurgy (AusIMM). Mr Brow
Slide 4: Leading ASX-Listed Copper Producer
Sandfire │Leading ASX-Listed Copper Producer ► FY2020 guidance 70-72kt Cu and 38-40koz Au at C1 ~US$0.90/lb ► Strong balance sheet with A$242m cash at 31 March 2020 and no debt ► Comprehensive and proactive Group-wide response to COVID-19 pandemic ► Progressing growth vision to create a diversified
Slide 5: Corporate Overview and Key Assets
Corporate │ Overview and Key Assets Key Corporate Data Key Assets Market Index ASX 200 Building a diversified portfolio of high-quality base metal assets Issued Capital 178 million shares Cash $242 million (31/03/2020) Debt Nil Market Capitalisation ~$783 million (at $4.40) Geographic Analysis of In
Slide 6: Clear Vision for Growth and Value Creation
Sandfire │ Clear Vision for Growth and Value Creation Corporate History – Strong track record of discovering, developing and delivering…. 2004 2009 2011 2013 2016 2019 Sandfire listed on Discovery of high- DFS, development Official opening of Millionth tonne of Acquisition of MOD the ASX grade appro
Slide 7: Strong and Consistent Financial Performance
Sandfire│Strong and Consistent Financial Performance FINANCIAL FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 1HFY20 OVERVIEW: Revenue A $492.8M $529.6M $532.0M $485.8M $532.5M $570.0M $592.2M $313.1M Operating $272.4M $249.5M $250.1M $166.5M $248.3M $284.6M $267.4M $140.3M Cash-flow B NPAT C $88.
Slide 8: APAC
Sandfire APAC DeGrussa Operations, WA Exploration - DeGrussa Copper-Gold Mine - Greater Doolgunna Project, WA - Monty Copper-Gold Mine - East Coast Portfolio (NSW, Qld) Slide: 8
Slide 9: APAC High-Grade, High-Margin Production Profile
Sandfire APAC │ High-Grade, High-Margin Production Profile CUMULATIVE PRODUCTION TO END OF Q3 FY2020 over 524,000 TONNES OF CONTAINED COPPER 305,000 OUNCES OF CONTAINED GOLD CUMULATIVE SALES REVENUE, CASH-FLOWS, PROFIT & DIVIDENDS TO END OF 1HFY2020 $1.9 billion $3.9 billion IN CUMULATIVE OPERATING
Slide 10: APAC DeGrussa Operations
Sandfire APAC │ DeGrussa Operations ► 1.6Mtpa Concentrator fed by two underground mines – DeGrussa and Monty ► Concentrator performing well with FY2020 Q3 recoveries averaging 94% for Cu and 45% for Au ► Updated Underground Ore Reserve of 4.2Mt at 4.9% Cu and 1.6g/t Au for 203kt Cu and 210koz Au wit
Slide 11: APAC Doolgunna Exploration
Sandfire APAC │ Doolgunna Exploration 80km • Strategic 7,137km2 footprint across the Bryah Basin – both 100% and through multiple joint ventures • 80km strike length of prospective VMS lithologies – strategic focus on southern limb of Bryah Basin • Three centres of sulphide mineralisation Original T
Slide 12: EMEA
Sandfire EMEA Tshukudu Operations, Botswana - T3 Copper-Silver Project - A4, T1 Expansion Projects - 18,200km2 exploration portfolio (Botswana and Namibia) Slide: 12
Slide 13: EMEA Tshukudu Operations, Botswana
Sandfire EMEA │ Tshukudu Operations, Botswana ► 100%-owned T3 Copper-Silver Project and dominant exploration licence- holding (~18,200km2) in under-explored Kalahari Copper Belt, Botswana • Recent agreement with Kopore Metals Ltd (ASX: KMT) to acquire ~6,700km2 land package in Namibia ► Safe, democr
Slide 14: EMEA T3 – Advanced Development Asset
Sandfire EMEA │ T3 – Advanced Development Asset ► T3 the first of what is targeted to be a strong Significant 100% licence holding (~18,200km2 across Botswana pipeline of resource development projects and Namibia) with numerous drilling targets ► Optimisation of T3 Copper-Silver Project Feasibility
Slide 15: Tshukudu – Expanded Exploration Program
Sandfire EMEA │ Tshukudu – Expanded Exploration Program ► Expanded exploration commenced in Image of stacked airborne EM CDI sections showing the conductive A4 Dome in November 2019 with three key objectives: proximity to the T3 Dome and the planned T3 Project open pit • To target high-grade satelli
Slide 16: A4 Resource Drilling Program – Significant Results
Sandfire EMEA │ A4 Resource Drilling Program – Significant Results A4 resource drilling program showing significant intersections from results received to date and drill-hole collars plotted over magnetic image. Locations of the cross-sections in slide 17 highlighted. Slide: 16
Slide 17: A4 Resource Drilling Program – Significant Results
Sandfire EMEA │ A4 Resource Drilling Program – Significant Results Cross Sections through A4 Dome Located only 8km from T3 ► Outstanding new results from step-out drilling, extending the zone of near-surface, vein-hosted mineralisation to a strike length of over 700m ► Resource drilling being undert
Slide 18: Tshukudu – Unlocking the Broader Opportunity
Sandfire EMEA │ Tshukudu – Unlocking the Broader Opportunity EASTERN END COPPER BELT – Khoemacau Eroded domes & anticlines, partial calcrete cover, extensive oxidation, strong Cu soil anomalies 20 years exploration, >6Mt Cu in resources Effective exploration tool : soil geochemistry Khoemacau curren
Slide 19: AMER
Sandfire AMER Sandfire Resources America Inc (85%) - Black Butte Copper Project, Montana, USA Slide: 19
Slide 20: AMER Black Butte Copper Project, USA
Sandfire AMER │ Black Butte Copper Project, USA ► Advanced, high-quality underground copper project in Tier-1 location ► 85% stake in the Black Butte Copper Project via interest in Sandfire Resources America Inc. (TSX-V: SFR) ~A$60M invested to date ► One of the top-10 undeveloped copper projects wo
Slide 21: Summary: Building a global, diversified and sustainable mining company
Summary │ Building a global, diversified and sustainable mining company Strong foundations with +7 year track record of delivery Strong production in FY20 YTD Strong balance sheet, no debt Aggregating quality copper development assets Expanding global production pipeline Committed to organic growth
Slide 22: Contact Details
Contact Details Level 2, 10 Kings Park Road, West Perth WA 6005 Australia PO BOX 1495, WEST PERTH WA 6872 AUSTRALIA +61 8 6430 3800 +61 8 6430 3849 www.sandfire.com.au Slide: 22
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