St. Barbara Ltd. · ASX:SBM
St. Barbara — 2022 Denver Gold Forum
27 slides from St. Barbara's conference presentation, Sep 19, 2022
Slide 1: Presentation to 2022 Denver Gold Forum
19 September 2022 Presentation to 2022 Denver Gold Forum Mr Craig Jetson, Managing Director & CEO will present to the Denver Gold Forum being held this week. A webcast of the presentation will be available on the Gold Forum Americas website at https://www.denvergold.org/company-live- session/gfa22/1
Slide 2: Delivering on our provincial strategy
Delivering on our provincial strategy Craig Jetson Managing Director and CEO 19 September 2022
Slide 3: Disclaimer
2 Disclaimer This presentation has been prepared by St Barbara Limited (“Company”). The material contained in this presentation is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of, or a recommendation in relation to, securities in the Com
Slide 4: Acknowledgement of Country
3 Acknowledgement of Country We at St Barbara acknowledge the First Nations people of the ancestral lands on which we operate in Australia, Canada and Papua New Guinea. We pay our respects to all First Nations people, and to Elders past, present, and emerging. We recognise the unique cultural herita
Slide 5: Safety always
4 Safety always TOTAL RECORDABLE INJURY FREQUENCY RATE (TRIFR)1 5.0 3.9 3.4 3.0 2.1 FY18 FY19 FY20 FY21 FY22 1. Total Recordable Injury Frequency Rate (12 month avg.), total recordable injuries per million hours worked Atlantic Operations Emergency Response Team confined space training
Slide 6: We are taking action across our sustainability commitments
5 We are taking action across our sustainability commitments Our target is Zero Inclusion in Delivering on Carbon neutral Growing our Harm 2021 and 2022 action plan to by 2050 and by business Bloomberg address risks of 2025 at Atlantic sustainably, with In FY22 we had Gender Equality Modern Slavery
Slide 7: Our global operations
6 Our global operations
Slide 8: Delivering against our three-stage uplift strategy
7 Delivering against our three-stage uplift strategy Deliver Building Execute brownfield Grow through Uplift 1 Uplift 2 Uplift 3 Brilliance in expansion projects acquisitions and operations and exploration extend mine life Gwalia organic growth Bardoc Gold - 2022 - Old Gwalia South Turning around Gw
Slide 9: Leonora province plan
Leonora province plan
Slide 10: Leonora Province Plan
9 Leonora Province Plan Unlocking synergistic value in the region Multiple high grade deposits centrally located Opportunities to share resources Substantial Mineral Resources (10.5Moz) with opportunities for growth Leonora Large highly prospective exploration land holdings (475km2)
Slide 11: Uplift 1: Turning around Gwalia
10 Uplift 1: Turning around Gwalia FY16 to FY20 – Declining FY21 to FY22 – Turnaround FY21 – Impacted by Fall of FY22 – Increased ore FY23 – Increase ore performance Ground event delivery to surface to 859kt delivery to surface to 1.1Mt Fewer tonnes moved to Moving historical waste Haul fleet focuse
Slide 12: Uplift 2: Tower Hill and Old South Gwalia deliver organic growth
Uplift 2: Tower Hill and Old South 11 Gwalia deliver organic growth Tower Hill Open Pit Mineral Resource Old South Gwalia Mineral Resource 20.7mt @ 1.8g/t Au for 1.2Moz 1.9mt @ 3.7g/t Au for 218koz Railway line
Slide 13: Uplift 3: Acquisition of Bardoc accelerates the Leonora Province Plan
12 Uplift 3: Acquisition of Bardoc accelerates the Leonora Province Plan Accelerates the filling of the Leonora Processing Plant • Two advanced ore bodies ready for development • First production for Zoroastrian expected in Q1 FY24 Immediate Mineral Resource Growth • Added > 3Moz of gold to group Mi
Slide 14: Gwalia is the key to regional consolidation
13 Gwalia is the key to regional consolidation Gold Mineral Resources retrieved from the latest company filings (on 7 September 2022). Considers operating mills only St Barbara has 10.5Moz of gold Mineral Resources and 87 years of Resource Life in the Leonora region
Slide 15: Our vision for Leonora consolidation
14 Our vision for Leonora consolidation Sensible consolidation in the Leonora region could create: 500 – 800koz producer with > 10 years of mine life High gold price leverage • Significant share price appreciation with increasing gold price Reduced overheads Shared benefits of scale • More efficient
Slide 16: Atlantic Province Plan
Atlantic Province Plan
Slide 17: Atlantic Province Plan
16 Atlantic Province Plan Building on lessons from Leonora Multiple high grade deposits centrally located Opportunities to share resources Substantial Mineral Atlantic Resources (2.0Moz) with opportunities for growth Large highly prospective exploration land holdings (1,206km2)
Slide 18: St Barbara has almost 2Moz of Gold Mineral Resource in the province
St Barbara has almost 2Moz of Gold 17 Mineral Resource in the province Atlantic Province Ore Reserve at 31 Dec 2021 Project Ore Tonnes Gold Grade Ounces (Mt) (g/t) (koz) Touquoy 2.20 0.8 58 Touquoy Stockpile 6.04 0.5 90 Beaver Dam 7.84 1.4 345 15 Mile Stream 16.76 1.1 577 Cochrane Hill 15.38 1.0 514
Slide 19: Recent permitting successes build confidence
18 Recent permitting successes build confidence Provincial permitting successes Next steps • New collaborative process has resulted in the approval of ‒ A Tailings management facility lift, securing business continuity for FY23 Further updates on ‒ Ammonia treatment and Clay borrow operating permits
Slide 20: Delivering on our three-stage uplift strategy
19 Delivering on our three-stage uplift strategy Leonora Province Plan milestones being achieved • Turning around Gwalia • Delivered organic growth • Bardoc acquisition Atlantic Province Plan potential • Building on Leonora experience • Substantial holding with organic growth opportunities • Recent
Slide 21: StBarbara
StBarbara
Slide 22: Supplementary slides
Supplementary slides
Slide 23: FY23 Guidance
22 FY23 Guidance Operation Production AISC Capex (koz) (A$/oz) ($AM) Sustaining Growth Atlantic Operations 40 – 50 1,950 – 2,2501 5 – 10 20 – 30 Leonora Operations 170 – 185 1,900 – 2,100 65 – 75 70 – 80 Simberi Operations 70 – 80 2,200 – 2,4002 5 – 10 5 – 10 Consolidated 280 – 315 2,050 – 2,150 75
Slide 24: Exploration Results, Mineral Resources and Ore Reserves reporting
23 Exploration Results The information in this presentation that relates to Exploration Results is based on information compiled by Dr Roger Mustard, who is a Member of The Australasian Institute of Mining and Metallurgy. Dr Mustard is a full-time employee of St Barbara and has sufficient experience
Slide 25: Non-IFRS Measures
24 Non-IFRS Measures We supplement our financial information reporting determined under International Financial Reporting Standards (IFRS) with certain non-IFRS financial measures, including cash operating costs. We believe that these measures provide meaningful information to assist management, inv
Slide 26: Investor Relations enquiries
Investor Relations enquiries Chris Maitland Kasun Liyanaarachchi Head of Investor Relations Manager - Investor Relations T: +61 3 8660 1914 T: +61 8 9380 7854 M: +61 477 120 070 M: +61 499 538 252 E: chris.maitland@stbarbara.com.au E: kasun.liyanaarachchi@stbarbara.com.au E: info@stbarbara.com.au Sc
Slide 27: StBarbara
StBarbara