Slide 1: AGM Presentation
For personal use only Evolution Mining AGM Presentation 29 November 2011 Jake Klein – Executive Chairman
Slide 2: Disclaimer and Important Notice
Disclaimer and Important Notice For personal use only This disclaimer and important notice applies to this presentation and any information provided in relation to or in connection with the information contained in it. This presentation provides information in summary form. Some of that information
Slide 3: A new mid-tier gold company
A new mid-tier gold company For personal use only Scheme of Newcrest Entitlement Arrangement Asset Acquisition Offer • All stock merger of equals • Acquisition of 70% of Cracow • $152.5M pro-rata renounceable • 0.3 Catalpa shares for each and 100% of Mt Rawdon from entitlement offer at $1.45ps Conqu
Slide 4: A new mid-tier gold company: Key Strengths
A new mid-tier gold company For personal use only Key Strengths: Asset Portfolio Financial Capacity People Profile
Slide 5: Assets
Assets For personal use only 303koz pro forma FY2011 gold production1 335 – 375koz forecast FY2012 gold production1 410 – 465koz forecast FY2013 gold equivalent production Townsville Mt Carlton Pajingo 3.5Moz Aueq. Reserves2 6.9Moz Aueq. Resources2 Cracow Mt Rawdon Robust exploration pot
Slide 6: Edna May
Edna May For personal use only Open pit mining commenced late 2009 Location Western Australia 2.8Mtpa throughput Stage Producing Average grade 1.1g/t gold Mine Type Open pit FY2012 cash cost estimate: $890-$990/oz Minerals Gold Growth opportunities Mineralisation type Stockwork and high-gr
Slide 7: Mt Rawdon
Mt Rawdon For personal use only Open pit mining commenced 2001 Location Central Queensland Stable production of ~100kozpa gold Stage Producing 3.5Mtpa throughput Mine Type Open pit Average grade 0.9g/t gold Minerals Gold and silver FY2012 cash cost estimate: $760- Mineralisation type Volca
Slide 8: Cracow
Cracow For personal use only Current phase of underground mining Location Central Queensland commenced 2004 Stage Producing Stable production of ~100kozpa gold Mine Type Underground 600ktpa throughput Minerals Gold and silver Average grade 7g/t gold Mineralisation type Low-sulphidation epith
Slide 9: Pajingo
Pajingo For personal use only Underground mining commenced 1996 Location North Queensland 2.3 Moz gold produced Stage Producing Strong historic operational performance Mine Type Open pit and underground 650ktpa throughput Minerals Gold and silver Average grade 5.1g/t gold Mineralisation ty
Slide 10: Mt Carlton
Mt Carlton For personal use only Plant commissioning expected in 2H Location North Queensland CY20121 Stage Development V2 open pit – 3.7g/t gold equivalent Mine Type Open pit A39 open pit – 552g/t silver Minerals Gold, silver and copper Target production of 95kozpa gold Mineralisation type
Slide 11: Leading mid-tier gold company
Leading mid-tier gold company For personal use only Source of information for charts: Broker reports and company guidance released as at 4 November 2011 Source of information for charts: Broker reports and company guidance released as at 4 November 2011
Slide 12: Defined growth profile
Defined growth profile For personal use only 410 – 465koz 335 – 375koz 303koz Top 3 in growth amongst Australian mid-caps YE June 2011 YE June 2012E YE June 2013E Mt Rawdon Pajingo Cracow Edna May Mt Carlton
Slide 13: Financial capacity
Financial capacity For personal use only $152.5M entitlement offer launched on 9 November Institutional Entitlement Offer completed 11 November raising $108M Retail Entitlement Offer closes 5pm AEDT 30 November Strengthened financial platform – pro forma cash of $165M and modest debt of $48M
Slide 14: Profile
Profile For personal use only Benefit of Newcrest as a 33% supportive shareholder Board representation Potential to leverage business development opportunities and geological knowledge Interests aligned Global gold funds as major shareholders: Increased broker coverage: Baker Steel Cap
Slide 15: A new mid-tier gold company
A new mid-tier gold company For personal use only Key Strengths Asset Financial People Profile Portfolio Capacity Consolidate Integrate new mines, people and processes Grow Leverage off mining expertise and financial capacity
Slide 16: Appendices
For personal use only Appendices www.evolutionmining.com.au
Slide 17: Resources and Reserves
Resources and Reserves For personal use only Measured Indicated Inferred Total Mineral Resource Statement Tonnes Gold Grade Ounces Tonnes Gold Grade Ounces Tonnes Gold Grade Ounces Tonnes Gold Grade Ounces (Mt) (g/t) Au (koz) (Mt) (g/t) Au (koz) (Mt) (g/t) Au (koz) (Mt) (g/t) Au (koz) Edna May Opera
Slide 18: Edna May Mineral Resources and Ore Reserves
Resources and Reserves Edna May Mineral Resources and Ore Reserves For personal use only The Edna May Mineral Resource and Ore Reserve figures are stated at 30 June 2011, with depletion by production where relevant. Mineral Resources are inclusive of Ore Reserves. Figures expressed to one decima
Slide 19: Mt Carlton Mineral Resources and Ore Reserves
Resources and Reserves Mt Carlton Mineral Resources and Ore Reserves For personal use only The Mt Carlton Mineral Resource figures are stated at 30 June 2011. Mt Carlton Mineral Resources have been estimated using multiple indicator kriging. Value and metal grades have been estimated into panels
Slide 20: Competent Persons Statement
Competent Persons Statement The information in this presentation that relates to the Mineral Resources or Ore Reserves listed in the table below is based on work compiled by For personal use only the person whose name appears in the same row, who is employed on a full-time basis by the employer na
Slide 21: Evolution Mining
For personal use only Evolution Mining www.evolutionmining.com.au