Aurelia Metals Limited · ASX:AMI
Aurelia Metals — 121 Mining Investment APAC (March 2021)
25 slides from Aurelia Metals's conference presentation, Mar 17, 2021
Slide 1: Aurelia Metals 121 Mining Investment APAC
_ aurelia METALS Ltd. Aurelia Metals 121 Mining Investment APAC ASX: AMI This presentation has been approved for release by the Board of Aurelia Metals
Slide 2: Forward looking statements
Forward looking statements This presentation has been prepared by Aurelia Metals Limited ("AMI" or the “Company’). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those
Slide 3: Corporate snapshot
Corporate snapshot Major shareholders Mitsubishi UFJ Platypus Eley Griffiths Perennial Value Van Eck Shareholder register composition = Australian institutions m International institutions = Other <3 auretia ‘ METALS Led. ASX: AMI Share price (16 March 2021) A$O. 38 Shares on issue 1,234 M Market ca
Slide 4: The Aurelia portfolio
The Aurelia portfolio Three cashflow producing assets concentrated in NSW with a focus on gold Federation Deposit (Hera Extension! eak Production FY20A. 47 Mineral Resources" Mt 3.5 Production FY21F 58-64 Resource grade % ZnEq 19.6 AISC FY20A 1,737 Contained gold koz 158 AISC FY21F 1,000- 1,150 Ore
Slide 5: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪
Slide 6: Investing in business sustainability
Investing in business sustainability Durability and longevity essential for value creation Safety Aurelia Metals - Safe Metals program Driving a 50% reduction in TRIFR over 2 years Certainty in the controls for fatal hazards Environment Aurelia Metals - Green rules program Certainty in the controls
Slide 7: Current year performance and outlook
For personal use only aurelia METALS Ltd. Current year performance and outlook
Slide 8: For personal use only
For personal use only • • • • • • • • • 1. Underlying net profit after tax
Slide 9: H1 FY21 financial results snapshot
als units H1FY21 H1FY20 Change % Chg Earnings 2 Revenue ASM 207.7 165.2 42.5 +26% H 1 FY 1 EBITDA ASM 72.3 50.1 22.2 +44% fi n a nN Cc ia | Underlying EBITDA ASM 91.5 50.1 414 +83% EBITDA Margin % 35% 31% 4% +13% resu It Underlying EBITDA Margin % 44% 31% 13% +36% Statutory NPAT ASM 19.8 15.6 42 +27
Slide 10: Combining investment in growth and exploration with shareholder returns
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ Combining investment in growth and exploration with shareholder returns
Slide 11: FY21 guidance
FY21 guidance Recently updated with lower expected AISC and inclusion of Dargues FY21 group updated FY21 Dargues FY21 group updated COROT (incl Dargues) (17 Dec 20-30 Jun 21) (excl Dargues) (2 teu p ae FY20 group actual Gold (koz) 100 - 113 20-23 80-90 80-90 92 Lead (kt) 21.9- 24,4 - 21.9- 24.4 21.9
Slide 12: Kairos on track
Kairos on track Mining of high grade Peak ore source set to commence = Development and ventilation of Kairos orebody in full swing = — First stoping ore from Kairos expected early June 21 quarter = Significant, high grade ore source (with strong gold tenor) = Extensional and depth repeat upside to K
Slide 13: Federation Project
For personal use only aurelia METALS Ltd. Federation Project
Slide 14: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪
Slide 15: High-grade gold zones
High-grade gold zones Growing gold endowment and tenor = Mineralised resource outline ranges from 25m to 550m depth = Exceptional high-grade gold results from ongoing drilling including: - 21.6m @ 31.9g/t Au & 44.8% Pb+Zn & 1.6% Cu - 20.5m @ 17.4g/t Au, 44.4% Pb+Zn & 1.3% Cu - 25.5m @ 11.4g/t Au, 37
Slide 16: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪
Slide 17: Dargues acquisition
For personal use only aurelia METALS Ltd. Dargues acquisition
Slide 18: Dargues integration
Dargues integration Transition well advanced and platform set = Currently in operational ramp-up phase = Expected to produce an average of 45 - 55koz gold p.a. at average AISC of A$1,150 - 1,350/oz over the next 5 years! = On-strategy acquisition: addition of a third strategic asset, reweighted port
Slide 19: Ramp-up progress
Ramp-up progress Increasing ore volumes and gold output through 2H FY21 Key Dargues Operational Parameters = Process plant is fully operational Kt Ore Mined = Aurelia to drive continued ramp-up of the _ (on Ore Grade Processed underground mine to full targeted rates of: 180 — p00 — 160 500 - 400 met
Slide 20: Upside capture
Upside capture Engage substantial exploration potential and life extension optionality = — Existing resources constrained by volume and density of drilling on . . Interpreted geological domains showing potential lode extensions * Strong likelihood of extensions to the Dargues deposit, both along ~ s
Slide 21: For personal use only
For personal use only aurelia METALS Ltd.
Slide 22: Summary
Summary Ajuo SSN [euosied 10} aurelia
Slide 23: Contact
For personal use only Contact Telephone: +61 7 3180 5000 Email: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com.au aurelia METALS Ltd. +
Slide 24: Appendix: Ore Reserves
Appendix: Ore Reserves Peak (30 June 2020) Tonnes | NSR Au Cu zn Ag cies ten La | | | a | Hera (30 June 2020) Tonnes NSR Au zn Ag i Proved 339 169 1.1 18 0.4 07 12 Proved 183 Probable 2,992 251 24 0.8 3.0 3.2 7 Probable 555 187 14 3.0 48 49 Total 3,331 243 2.3 0.9 2.8 2.9 16 Total 1,197 185 1.4 3.0
Slide 25: Appx: Mineral Resources
Appx: Mineral Resources Peak (30 June 2020) Tonnes Au Cu Pb zn Ag ee Measured 1,749 1.8 Indicated 6,538 1.6 1.2 1.5 17 1 Inferred 3,065 1.0 18 0.3 0.4 7 Total 11,351 1.5 1.4 1.0 1.2 10 Hera (30 June 2020) Tonnes Au Pb Zn Ag il Dargues (15 March 2017) Tonnes Au Au Measured 113 Indicated 740 74 175 In
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