Tanami Gold Nl · ASX:TAM
Tanami Gold Nl — Non-Deal Roadshow (June 2011)
36 slides from Tanami Gold Nl's roadshow presentation, Jun 10, 2011
Slide 1: Production, Performance, Profit… June 2011 Roadshow
For personal use only ASX:TAM Production, Performance, Profit… June 2011 June 2011 Roadshow
Slide 2: Corporate
Corporate ASX Code: TAM Value For personal use only Shares on Issue1 260.9 million Range (12 month) A$0.51 – A$1.15 Market Cap (A$0.85) 2 A$221.8 million Cash and cash equivalents3 A$6.1 million Debt 3 A$15.8 million Enterprise Value A$232 million 1. Excludes out of the money options 2. Share price
Slide 3: Tanami Gold NL - Key Assets
For personal use only Tanami Gold NL - Key Assets The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 3
Slide 4: Project Snapshots
Project Snapshots Western Tanami Operations (100%) Central Tanami Project (100%) For personal use only Resources 3,119,000t @ 5.5g/t for 554,700oz1 20,915,000t @ 2.6g/t for 1,747,000oz2 Resource 65% Measured and Indicated 75% Measured and Indicated Class Operations Open pit and underground operation
Slide 5: Western Tanami – Coyote Operations
Western Tanami – Coyote Operations Coyote mining operations the centre of activity for the For personal use only Western Tanami tenements Bald Hill open pit operations located 35kms north of Coyote operations Coyote – high grade underground operations Coyote operations commissioned late 2007
Slide 6: Coyote Operations Overview
Coyote Operations Overview Quality High Grade Resources1 For personal use only 9 Coyote - 880,000t @ 11.0g/t for 312,000oz 9 Bald Hill - 2,138,000t @ 3.4g/t for 234,000oz 9 Stockpiles etc - 100,000t @ 2.4g/t for 7,700oz Milling Infrastructure 9 Historical throughput capacity - ~250ktpa. 9 Stage I -
Slide 7: Western Tanami - Bald Hill Operations
For personal use only Western Tanami - Bald Hill Operations Bald Hill operations are located 35km north of Western Tanami treatment plant (Resources of 2,138,000t @ 3.4g/t for 234,000oz)1 Mining recommenced in late November 2010 from 2 open pits: 1. Sandpiper; and 2. Kookaburra Host rocks equi
Slide 8: Bald Hill - Sandpiper Underground Potential
Bald Hill - Sandpiper Underground Potential Outstanding underground For personal use only growth potential: 15.1m @ 6.1g/t Au incl 8.8m @ 9.5g/t 5.0m @ 7.3g/t Au 11.0m @ 4.9g/t Au incl 0.8m @ 34.2g/t 1 4.7m @ 4.8g/t Au 2.6m @ 30.1g/t Au incl 0.6m @ 118.1g/t 6.3m @ 6.2g/t Au Open down plunge…….. The
Slide 9: Western Tanami Exploration Potential
For personal use only Western Tanami Exploration Potential Multiple open pit and underground targets to test. All within trucking distance of the Coyote treatment plant Popeye & Olive - possible porphyry target Exploration Budget for 2011-12 [surface and underground] $3-5M Priority drillin
Slide 10: Central Tanami - Key Growth Driver
Central Tanami - Key Growth Driver For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 10
Slide 11: Central Tanami Project
Central Tanami Project Acquired from Newmont for $22M in March 2010 Central Tanami acquisition included: For personal use only 9 Formed part of an ongoing divestment program by 9 0.5Mozs Resource (2010) Newmont 9 1.2Mtpa treatment plant and extensive 9 Purchase price of $22m included the Central inf
Slide 12: Mining Licence Tenements
Mining Licence Tenements Six approved Mining Licence areas For personal use only CTP mining history - 43 open pits average depth 100m and production of +2Moz Except for the Groundrush deposit all historic mining pre-2000 [MLS 153 mining ceased 1994] Adjacent to main arterial Tanami Hwy Onl
Slide 13: Central Tanami Tenement Plan
For personal use only Central Tanami Tenement Plan The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 13
Slide 14: Central Tanami Schematic Long Section
For personal use only Central Tanami Schematic Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 14
Slide 15: Central Tanami Schematic Long Section
For personal use only Central Tanami Schematic Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 15
Slide 16: Schematic Long Section – Hurricane Repulse
For personal use only Schematic Long Section – Hurricane Repulse The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 16
Slide 17: Carbine Deposit
For personal use only Carbine Deposit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 17
Slide 18: Groundrush Open Pit – ML 22934
For personal use only Groundrush Open Pit – ML 22934 The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 18
Slide 19: Schematic - Groundrush Long Section
For personal use only Schematic - Groundrush Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 19
Slide 20: Central Tanami Exploration Potential
For personal use only Central Tanami Exploration Potential Over 100kms of Mt Charles & MacFarlane Peak Formation to test Mostly very shallow <50 metre drilling over the entire area. All clearances in place to commence drilling on the exploration licences. Newmont’s Oberon claimed to be a Cal
Slide 21: Central Tanami Feasibility - Status
Central Tanami Feasibility - Status Mining Studies (Mining Plus) For personal use only a. Final options studies and mining plans underway. Metallurgy (Ammtec) a. All Feasibility metallurgical testwork has commenced at Ammtec. b. Most testwork scheduled for completion early July 2011. Process P
Slide 22: Tanami Gold NL - Development Schedule
For personal use only Tanami Gold NL - Development Schedule Completed Completed Completed The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 22
Slide 23: Production Forecast
For personal use only Production Forecast The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 23
Slide 24: Resource Growth Since 2009
For personal use only Resource Growth Since 2009 The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 24
Slide 25: Investment Highlights and Summary
For personal use only Investment Highlights and Summary Tanami Gold NL is an Australian gold company - 100% of assets in Australia Current Resources of 2.3Mozs gold (75% Measured and Indicated)1 9 Western Tanami Current JORC Resource 554,700oz 9 Central Tanami Current JORC Resource 1,747,000oz 9
Slide 26: Any Questions?
For personal use only ASX:TAM ANY QUESTIONS? Production, Performance, Profit… June 2011 June 2011 Roadshow The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential
Slide 27: Disclaimer & Competent Person’s Statement
Disclaimer & Competent Person’s Statement Disclaimer & Forward-Looking Statements For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Tanami Gold NL and its projects, are forward-looking statements. S
Slide 28: Total Tanami Gold NL Ore Reserves as at March 2011
Total Tanami Gold NL Ore Reserves as at 31 March 2011 Reserve Category For personal use only Project Proved Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces WT 84,100 10.5 28,500 692,600 4.7 104,400 776,700 5.3 132,900 CT 355,000 5.5 62,400 1,689,000 2.9 159,000 2,044,000 3
Slide 29: Central Tanami Project Ore Reserves as at March 2011
Central Tanami Project Ore Reserves as at 31 March 2011 Reserve Category For personal use only Mineral Lease Proved Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces MLS153 ‐ ‐ ‐ 363,100 2.4 27,500 363,100 2.4 27,500 MLS167 355,000 5.5 62,400 120,500 5.4 21,100 475,500 5.5 8
Slide 30: Western Tanami Project Ore Reserve as at March 2011
Western Tanami Project Ore Reserve as at 31 March 2011 For personal use only Reserve Category Deposit Proved Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Coyote 84,100 10.5 28,500 231,600 8.4 62,400 315,700 9.0 90,900 Sandpiper ‐ ‐ ‐ 53,000 3.0 5,000 53,000 3.0 5,000 Ko
Slide 31: Significant intersections from recent Groundrush diamond drilling
Significant intersections from recent Groundrush diamond drilling Collar Collar Collar Collar Collar Hole Interval Grade For personal use only Hole ID Depth From Depth To Easting Northing RL Dip Azimuth Depth Width g/t Au GRDD2 603857 7820236 420 ‐48 45 333.8 235.5 244.0 8.5 5.3 198.0 214.0 16.0 9.7
Slide 32: Tanami Gold NL Mineral Resources as at March 2011
Tanami Gold NL Mineral Resources as at 31 March 2011 Resource Category For personal use only Project Measured Indicated Inferred Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Western 260,000 9.5 79,700 1,478,000 5.9 281,000 1,380,000 4.4 194,000 3,119,000 5.5
Slide 33: Central Tanami Project Mineral Resources by tenement as at 1 March 2011
Central Tanami Project Mineral Resources by tenement as at 31 March 2011 Resource Category Mineral Measured Indicated Inferred Total For personal use only Lease Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces MLS153 1,051,000 2.2 73,000 3,046,000 2.2 217,000 849,000 2
Slide 34: Western Tanami Project Mineral Resources as at June 2010
Western Tanami Project Mineral Resources as at 30 June 2010 Resource Category Measured Indicated Inferred Total Deposit For personal use only Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Coyote * 78,000 25.6 64,000 473,000 11.5 174,000 329,000 7.0 74,000 880,000 11
Slide 35: Central Tanami Project Mineral Resources as at December 2010
Central Tanami Project Mineral Resources as at 31 December 2010 Resource Category Mineral Total Measured Indicated Inferred For personal use only Lease Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces MLS153 1,051,000 2.2 73,000 2,207,000 1.9 137,000 1,072,000 3.1 107,
Slide 36: Board & Senior Management
Board & Senior Management Board/Management Member Experience For personal use only Denis has extensive experience in the management of exploration and mining companies. Prior to establishing Denis Waddell – Non Exec Chairman Tanami Gold NL in 1994, Denis was Finance Director of the Metana Minerals N