Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Investor Presentation (March 2012)
22 slides from Ramelius Resources's investor presentation, Mar 22, 2012
Slide 1: Ramelius Resources Limited Investor Presentation March 2012
For personal use only Ramelius Resources Limited ASX:RMS INVESTOR PRESENTATION March 2012 1
Slide 2: Forward Looking and Competent Persons Statements
Forward Looking and Competent Persons Statements Forward looking statements For personal use only This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties.
Slide 3: Ramelius corporate information
Ramelius corporate information Corporate details: Significant shareholders: For personal use only • ASX Code: RMS Sprott: 15% • Ordinary shares on issue: 336M Van Eck: 5% • Market capitalisation: ~A$272m Acadian: 4% • 12 month share price range: $0.81–1.70 Top 20: 59% • Cash and gold on hand: A$102m
Slide 4: Investment Highlights
Investment Highlights: Two operating gold mines in Western Australia: For personal use only Wattle Dam – high grade underground Mt Magnet – low risk open cut Profitable gold production for the past 5 years Recently agreed to acquire a new high grade mine (Vivien) Targeting gold production of 200,000
Slide 5: Project Locations
Project Locations: For personal use only Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012 5
Slide 6: Historical Performance
Historical Performance: Proven performance of increasing production, revenue and profit For personal use only Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012 6
Slide 7: Production Strategy
Production Strategy: Ramelius is targeting annual production of 200,000 oz p.a. by 2014 For personal use only Base production of 120,000 oz p.a. from Mt Magnet region Production of 80,000 oz p.a. from smaller high grade deposits Target Gold Production Oz 200,000 180,000 160,000 140,000 120,000 100,0
Slide 8: Wattle Dam Gold Mine (WA)
Wattle Dam Gold Mine (WA): Production of 250,000 oz since 2006 For personal use only High grade high nugget gold deposit Production life to 2013 (beyond this point subject to drilling) Grade to date from Block D averages 7.3 g/t Au Pit Drilling from underground ceased due to poor ground conditions i
Slide 9: Mt Magnet Gold Mine (WA)
Mt Magnet Gold Mine (WA): For personal use only Significant past producer (over 5m oz gold produced) Current JORC resources of 3m oz Au Open pit reserves of 545,000 oz Au Pre-strip completed in Feb 2012 First gold poured in March 2012 Currently has a six year mine life 1.7mtpa refurbished gold plant
Slide 10: Mt Magnet – significant progress
Mt Magnet – significant progress: For personal use only Project purchased mid 2010 for $40m cash 25,000m drilling and new resource completed in March 2011 New camp completed in June 2011 Mining approval August 2011 and mining commenced in September 2011 First gold poured in March 2012 Ramelius Resou
Slide 11: Mt Magnet - mining
Mt Magnet - mining: For personal use only Pre-strip commenced September 2011 - completed February 2012 Initial mining focussed on Saturn, Mars and Titan open pits First three years of production from these pits Mining ~6m bcm p.a. Mars Provides operational flexibility Close to treatment plant Mars a
Slide 12: Mt Magnet – processing plant
Mt Magnet – processing plant For personal use only Refurbished 1.7mtpa gold plant – replacement value A$80-100m Currently being ramped up to full capacity for June quarter 2012 Strategic regional asset – currently the only operating plant in region Can be expanded to 2.4mtpa for A$11.5m Ramelius Res
Slide 13: Mt Magnet – upside potential
Mt Magnet – upside potential: For personal use only Current project optimised at $A1,150-$1,300 gold price Optimisation at A$1,500 gold price increases ounces At a higher gold price the project could produce up to 120,000oz p.a. Drilling to confirm resources to be completed in 2012 Study for plant u
Slide 14: Vivien Project (WA) – exciting high grade gold opportunity
Vivien Project* (WA) – exciting high grade gold opportunity: For personal use only High grade gold development opportunity located near Agnew (WA) Existing Resource of 154,000 ounces Au @ +8 g/t Drilling and mining studies in 2012 Plan to develop in calendar 2013 Fits with Ramelius’ existing skill s
Slide 15: Vivien Project (WA) - high grade gold opportunity
Vivien Project (WA) - high grade gold opportunity: For personal use only Vein style mineralisation with multiple high grade zones Historic production of 110,000 oz Au (1,000 oz per vertical metre) Open down plunge of high grades Significant true width intersections: Existing Open Pit Potential Open
Slide 16: Coogee Project (WA) – High grade open pit
Coogee Project (WA) – High grade open pit: For personal use only High grade open pit development (+4 g/t Au) Exploration upside within tenement package Close to Ramelius’ milling infrastructure Plan to mine in calendar 2013 Significant Intersections include: Optimised Open Pit 6m @ 37.8 g/t Au 7m @
Slide 17: Exploration – North Queensland (earning 60%)
Exploration – North Queensland (earning 60%) For personal use only Mt Windsor JV – world class gold district Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012 17
Slide 18: Exploration – North Queensland (earning 60%)
Exploration – North Queensland (earning 60%) For personal use only Joint Venture with Liontown Resources Ltd Exploring for breccia hosted gold – drilling mid 2012 Cardigan Dam Breccia Target Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012 18
Slide 19: Exploration - Nevada (earning 70%)
Exploration - Nevada (earning 70%*) For personal use only Two JV’s with Miranda Gold Corp in world class gold region Angel Wing targeting bonanza gold grade epithermal veins: DaVinci veins – 2 km strike potential Big Blue targeting Carlin style deposits Drilling commenced – low order Au & Ag Epither
Slide 20: Why Invest in Ramelius
Why Invest in Ramelius For personal use only Operations Wattle Dam – high grade, low cost Mt Magnet – low risk and potential for expansion Upside Potential Mt Magnet is a large gold system with potential to expand production Vivien project is high grade and open down plunge Greenfields projects in p
Slide 21: Mineral Resources
Mineral Resources RAMELIUS RESOURCES LTD MOUNT MAGNET GOLD MINES For personal use only Mineral Resource Statement 30/06/2011 Measured Indicated Inferred Total Resource Deposit Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz Bartus Group
Slide 22: Ore Reserves
Ore Reserves RAMELIUS RESOURCES LTD For personal use only MOUNT MAGNET GOLD MINES Ore Reserve Statement 30/06/2011 Pit Proven Probable Total Reserve Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz Galaxy pits Saturn 824 1.8 47,000 1,253 1.4 57,000 2,078 1.5 103,00
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