Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Shareholder Meeting (November 2007)
27 slides from Ramelius Resources's shareholder meeting presentation, Nov 28, 2007
Slide 1: Managing Director's Presentation – AGM 2007
MANAGING DIRECTOR’S PRESENTATION – AGM 2007 Good morning Ladies and Gentlemen, Thank you for your attendance today. For personal use only I trust you have all had as an exciting a year as we have. My presentation today will review the Company’s current position, summarise what we have achieved and m
Slide 2: Annual General Meeting Presentation 2007
For personal use only Ramelius Resources Limited Annual General Meeting Presentation 2007 Joe Houldsworth Managing Director
Slide 3: Background: Exploration & Mining History
For personal use only BACKGROUND EXPLORATION & MINING HISTORY • Exploration commenced at Spargoville in 2004 • Wattle Dam discovered in 2005 • Mining commenced in March 2006 • Burbanks Treatment Plant re-commissioned in April 2007 • Wattle Dam High Grade Zone discovered in May 2007
Slide 4: Achievements and Future Targets
For personal use only ACHIEVEMENTS • Discovery and Development of Wattle Dam Gold Mine • Cash Acquisition of Burbanks Treatment Plant • Refurbishment and Recommissioning of Plant • Generation of Cash Flow Self Funding Exploration and Development • Maiden Dividend (~$800K) and Capital Return to Share
Slide 5: Corporate Structure
For personal use only CORPORATE STRUCTURE DIRECTORS • Chairman: Bob Kennedy • Managing Director: Joe Houldsworth • Non-Executive Director: Reg Nelson • Executive Director: Ian Gordon SENIOR MANAGEMENT • CFO/Company Secretary: Dom Francese • Operations Manager: Brian Kelty • Process Manager: Tony Web
Slide 6: Capital Structure
For personal use only CAPITAL STRUCTURE (As at 31 August 2007) • ASX Code: RMS • Fully Diluted Market Capitalisation: $327m (@ $1.80 per share) • Issued Capital: 159,677,527 fully paid ordinary shares 6,531,122 options (11.187c) Expire 31 Dec 07 15,925,019 bonus options ($1.00) Expire 30 June 09
Slide 7: Top Ten Shareholders
For personal use only RAMELIUS RESOURCES LIMITED - TOP TEN SHAREHOLDERS at 31 August 2007 % Beach Petroleum Limited 20,100,003 12.59 HSBC Custody Nominees (Australia) Pty Ltd 11,311,453 7.08 Citicorp Nominees Pty Ltd 7,900,643 4.95 ANZ Nominees Limited 6,969,909 4.36 Mandurang Pty Ltd 6,415,117 4.02
Slide 8: Production & Financials Year Ending June 2007
For personal use only PRODUCTION & FINANCIALS YEAR ENDING 30 JUNE 2007 TONNES MINED 136,000 TONNES TREATED 66,000 GOLD PRODUCTION OZ 16,963 REVENUE $14,883,530 NET PROFIT $6.8M BASIC EARNINGS PER SHARE (CENTS) 7.2
Slide 9: Spargoville Project Area
For personal use only SPARGOVILLE PROJECT AREA • Tenements extend over 30 kilometres strike length • Located along Regional Shears • Large Mineralised System in Mafic and Ultramafic Rocks • Prospective for Gold and Nickel
Slide 10: Wattle Dam Open Pit
For personal use only Wattle Dam Open Pit - November 2006 Pit Depth 53m
Slide 11: Wattle Dam Gold Mine Longitudinal Projection
7700 mil 7800 mil 7900 mil | | Ramelius Resources Limited Wattle Dam Gold Mine Diagramatic Longitudinal Projection Looking West SOUTH = ; a o-_— 8 Fs WDRC290 \ —s 4q/t Au from 132m (uncu & 9q/t Au from 132m (cut) ‘, @ 32g/t Au from 150m (uncut) BN or 13m @ 22q't Au from 150m (cut) "@ Eastern Zone 1
Slide 12: Wattle Dam High Grade Zone Long Section
For personal use only Wattle Dam High Grade Zone Long Section 9m @ 39 g/t (454 g/t uncut) 16m @ 41 g/t (482 g/t uncut) 11m @ 35 g/t (48 g/t uncut) 13m @ 22 g/t (32 g/t uncut) Diamond drilling to test northerly plunge underway 48m @ 35 g/t (154 g/t uncut)
Slide 13: Wattle Dam High Grade Zone Section
For personal use only Wattle Dam High Grade Zone Section 7980N 16m @ 41.3 g/t (482 g/t uncut) Diamond drilling to test northerly plunge of High Grade Zone underway
Slide 14: Wattle Dam Resource Estimate
For personal use only WATTLE DAM RESOURCE ESTIMATE • Wattle Dam resource estimate completed by CSA Australia on RC drilling up to August 2007: • Total Resource is 540,000t @ 4.8 g/t gold for 83,200 oz • Zone 3 – 73,000t @ 16.5 g/t (incl. 48,000t @ 23.8 g/t) for 38,700 oz • Zone 18 – 37,000t @ 16.7 g
Slide 15: Burbanks Treatment Plant
BURBANKS For personal use only TREATMENT PLANT • Acquired 180,000 tpa Gold Plant • Funded from Reserves • Advances Cash Flow • Security of Processing Availability • Re-commissioning Completed – Running 24/7 • Ready to treat Wattle Dam High Grade Underground ore
Slide 16: Exploration: Discovering our Future
For personal use only EXPLORATION Discovering our Future
Slide 17: Spargoville Belt Is a Large Mineralised System
For personal use only SPARGOVILLE BELT IS A LARGE MINERALISED SYSTEM WITH - ~20 Priority Gold Targets ~17 Priority Nickel Sulphide Targets ~Several TantalumTargets
Slide 18: Gold and Nickel Exploration
For personal use only GOLD AND NICKEL EXPLORATION GOLD TARGETS • Golden Orb (800m South of Wattle Dam) • Larkinville West (RC drilling completed) • Eagles Nest (RC Drilling completed ) • North Widgie (south of Wattle Dam) • Central Gold (targets Wattle Dam structure under cover to the north) NICKEL
Slide 19: Golden Orb Prospect Cross Section
For personal use only GOLDEN ORB PROSPECT CROSS SECTION • 50M Wide Mineralisation • Higher Grade zones • Open to North West • RC Drilling November 07
Slide 20: Larkinville West Prospect
LARKINVILLE WEST For personal use only PROSPECT Gold in Soil Anomalies First Pass RAB Drilling returned 52m at 1.4g/t gold including 32m at 2.0g/t gold from 12m depth. RC follow-up drilling returned encouraging result including: • 20 metres @ 3.1g/t Au from 30 metres within LWRC0003 • 6 metres @ 3.3
Slide 21: Golden Eagle Tenement
For personal use only GOLDEN EAGLE TENEMENT Purchased in March 2007 Geological setting is sheared ultramafics (same as Wattle Dam) Large alluvial gold shed including the famous Golden Eagle Nugget (1135 oz) found in 1931
Slide 22: Golden Eagle Prospect
For personal use only GOLDEN EAGLE PROSPECT Auger drilling defined coherent gold anomaly on western portion of the tenement Earlier drilling to north has intersected encouraging gold grades RC Drilling at Eagle’s Nest completed in October 07 and results expected by mid December
Slide 23: Ramelius Nickel Rights
For personal use only RAMELIUS NICKEL RIGHTS Hilditch 90% Wattle Dam 80% Logans Larkinville 80% The Spargoville Ultramafic Belt contains historic Spargoville Nickel mines which have produced 14,000t on Nickel Ramelius holds 50km of ultramafics including 10km of the belt in which the Spargoville and
Slide 24: Nickel Projects
For personal use only NICKEL PROJECTS Ramelius has generated 17 Nickel Sulphide targets RAB Drilling on these targets commenced June 2007 - Results Pending Diamond Drilling completed in November 2007 at 1A North and Hilditch - Results Pending At 1A North sulphides have been intersected with an assoc
Slide 25: Looking Forward
For personal use only LOOKING FORWARD • Diamond Drilling at Wattle Dam to extend High Grade Zone (16 holes) by end of December • Update resource model to include diamond holes by June 2008 • Decision on underground by March Qtr 2008 • Ongoing exploration for Kambalda style Ni sulphide deposits • Fol
Slide 26: Ramelius Resources: Discovering the Wealth Below
For personal use only RAMELIUS RESOURCES Discovering the Wealth Below
Slide 27: Closing remarks
Thank you Ladies and Gentlemen; that completes my presentation. In closing, I would like to thank my fellow directors and all the Ramelius Team for For personal use only their help and outstanding efforts over the past year.
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