Newcrest Mining — Scotiabank Mining Conference 2021
19 slides from Newcrest Mining's conference presentation, Dec 8, 2021
Slide 1: Newcrest's growing presence in Canada
SCOTIABANK MINING CONFERENCE 2021 Newcrest’s growing presence in Canada Seil Song Chief Development Officer
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This document includes forward looking statements and forward looking information within the meaning of securities laws of applicable jurisdictions. Forward looking statements can generally be identified by the use of words such as “may”, “will”, “expect”, “inte
Slide 3: Disclaimer
Disclaimer Ore Reserves, Mineral Reserves and Mineral Resources Reporting Requirements As an Australian Company with securities listed on the Australian Securities Exchange (ASX), Newcrest is subject to Australian disclosure requirements and standards, including the requirements of the Corporations
Slide 4: Disclaimer
Disclaimer Technical and scientific information The technical and scientific information contained in this document relating to Pretivm was reviewed by Ms Jillian Terry, a Qualified Person as defined in NI43-101 and confirmed to be a true and accurate representation of data presented in the Q1 2021
Slide 5: Establishing strong position in Golden Triangle
Establishing strong position in Golden Triangle(1,2) • On 12 October 2021, Newcrest announced the PFS results for an underground block cave at Red Chris • On 9 November 2021, Newcrest announced agreement to acquire Pretium Resources, owner of the Brucejack Mine. Newcrest will immediately be the larg
Slide 6: Red Chris Block Cave PFS confirms Tier 1 potential
Red Chris Block Cave PFS confirms Tier 1 potential Key study outcomes (100% terms)(4,5,6,7,8) • PFS confirms potential for Red Chris to become a world class, long life mine IRR at Study Assumptions 17% • Study builds on Newcrest’s experience and success with block cave IRR at $1,750/oz Au, $4.15/lb
Slide 7: Red Chris Block Cave PFS – surface & underground infrastructure
Red Chris Block Cave PFS – surface & underground infrastructure(1) • Underground mine will consist of MB1, MB2 & MB3, mined sequentially with a block cave strategy • Block cave mining selected due to its low operating cost, productivity and suitability to the geometry and conditions of the resource
Slide 8: Potential for further upside at Red Chris
Potential for further upside at Red Chris(16) Schematic long section of Red Chris • Drilling continues to expand the higher grade mineralisation intersected at East Ridge • East Ridge is located outside of Newcrest’s Mineral Resource estimate and has the potential to increase the resource base • Rec
Slide 9: Strategic Rationale of Pretium Resources acquisition
Strategic Rationale of Pretium Resources acquisition(1,2) 1 Adds a Tier 1 large scale, long life, low cost producing mine to Newcrest’s portfolio of Tier 1 assets Immediately increases Newcrest’s gold production by >300,000oz pa (~15%) to well above 2Moz(3,18) Accretive to Newcrest’s EBITDA and cash
Slide 10: Overview of Brucejack
Overview of Brucejack • Pretivm is a Canadian incorporated company headquartered in • ~950km north-west of Vancouver Vancouver, listed on the TSX and NYSE Location • ~140km south-west of the Red Chris mine • Brucejack is a large scale, long life, high-grade underground gold mine • Underground mining
Slide 11: Significant near mine and district-scale exploration opportunity
Significant near mine and district-scale exploration opportunity Potential for significant near mine and extensional exploration upside • Significant resource base has shown the potential for further resource expansion o Measured & Indicated Mineral Resource 7.2Moz gold at an average grade of 10.0g/
Slide 12: Significant near mine and district-scale exploration opportunity
Significant near mine and district-scale exploration opportunity Potential for significant district exploration upside • Brucejack comprises four mining leases and six mineral claims totaling 33.1 km2 and forms part of a contiguous claims package greater than 1,200 km2 (26) • Newcrest has reviewed e
Slide 13: Newcrest looking to invest and grow in the region
Newcrest looking to invest and grow in the region Newcrest plans to invest in British Columbia to deliver benefits for the region, First Nations people & host communities Newcrest intends to: • Sustain Canadian jobs and enhance advancement opportunities for employees as part of a larger, more divers
Slide 14: Attributable Gold Production (koz)
Increases Newcrest’s annual gold production to well above 2Moz Indicative Base Case Gold Production(1,2,3,5,6,7,18) Indicative Cost Profile(1,27,28) 3,000 $1,200 Newcrest expects extensional, near mine and regional exploration along with mine to mill optimisation will deliver 2,500 further upside to
Slide 15: Find out more
Find out more: www.newcrest.com Engage with us +61 (3) 9522 5570 +1 (866) 396 0242
Slide 16: Brucejack Mine Mineral Reserves – January 2021
Brucejack Mine Mineral Reserves – 1 January 2021(24) Grades (g/t) Contained Metal (Moz) Mineral Reserves(i),(ii),(iii),(iv),(vii) Ore (Mt) Gold Silver Gold Silver Valley of Kings(v) Proven 1.0 8.9 10.7 0.3 0.3 Probable 10.5 8.7 9.7 2.9 3.3 Total Proven and Probable 11.5 8.7 9.8 3.2 3.6 West Zone(vi)
Slide 17: Brucejack Mine Mineral Resources – January 2021
Brucejack Mine Mineral Resources – 1 January 2021(22,23) Grades (g/t) Contained Metal (Moz) Mineral Resources(i),(ii),(iii),(iv),(v),(vi),(vii) Ore (Mt) Gold Silver Gold Silver Valley of Kings Measured 1.9 10.1 12.2 0.6 0.8 Indicated 15.6 11.3 12.2 5.7 6.1 Measured & Indicated 17.6 11.2 12.2 6.3 6.9
Slide 18: Endnotes
Endnotes 1. Subject to market and operating conditions and should not be construed as guidance. 2. Subject to satisfaction of Transaction conditions precedent, including court approval and Pretivm shareholder approval. 3. The Brucejack production target (attributable basis 311kozpa gold from 15.64Mt
Slide 19: Endnotes
Endnotes 18. Based on the Newcrest production targets set out on page 3 of the release titled ‘Newcrest advances its global organic growth portfolio’ as disclosed to the ASX dated 12 October 2021 which is available to view at www.asx.com.au under the code “NCM” and on Newcrest’s SEDAR profile. The M