Antilles Gold Ltd · ASX:AAU
Antilles Gold — PanTerra Gold — Investor Presentation (January 2014)
18 slides from Antilles Gold's investor presentation, January 2014
Slide 1: Corporate Presentation
Corporate Presentation PanTerra Gold Limited January 2014 Positioned for significant production growth
Slide 2: Snapshot
Snapshot • Focused on bringing Las ASX: PGI Lagunas gold/silver project in the Dominican Republic to nameplate Issued Shares* 770M production (58,000 oz Au, 480,000 oz Ag) by end of Share Price* AU$0.042 CY2014. Initiatives include: 52 Week Low/High AU$0.039 - $0.135 - Installation of extra Albion o
Slide 3: Key Management Personnel
Key Management Personnel Brian Johnson - Executive Chairman Mr Johnson has been instrumental in establishing a number of successful public companies including Nevada Goldfields Limited, Austral Coal Limited, and both Portman Mining Limited and Mount Gibson Iron Limited in the iron ore industry. Jame
Slide 4: Las Lagunas Project - Background
Las Lagunas Project - Background • Reprocessing high grade sulphide tailings from historic production from the Pueblo Viejo mine (recently redeveloped by Barrick) • World’s first utilisation of Albion oxidation process (developed by Xstrata Technology) for precious metals • Albion process oxidises s
Slide 5: Las Lagunas Project - Key Statistics
Las Lagunas Project - Key Statistics • Original JORC Resource: 5.13Mt @ 3.78 g/t Au, 38.6 g/t Ag (620 koz Au, 6.4 Moz Ag) • Remaining resource (31 December 2013): approximately 4Mt • Current operating life to March 2019 • ~100,000 oz Au hedged at ~US$1,320/oz (Ag unhedged) • Las Lagunas project pays
Slide 6: Xstrata Review Findings
Las Lagunas Project - Xstrata Review Findings • Technical review completed by Xstrata Technology focused on improving recoveries completed in December 2013 • Key recommendations are that the project install an additional Albion oxidation tank, and insulate the five existing tanks to improve oxidatio
Slide 7: Production Forecast
Las Lagunas Project - Production Forecast CY 2014 CY 2015 45,000 oz Au 58,000 oz Au Production 372,000 oz Ag 480,000 oz Ag Revenue ~US$64M ~US$86M Operating Profit ~US$33M ~US$55M Cash Cost / oz (AuEq*) ~US$612/oz ~US$475/oz * Calculated using Ag:Au ratio of 66:1, excludes Government royalty 7
Slide 8: Production Forecast
Las Lagunas Project - Production Forecast • Significant production increase in CY2014 and CY2015 with additional Albion oxidation tank on line from Q3 2014 • Additional concentrate feed grade will be a major factor in annual production profile post 2019 60 Additional Concentrate 500 Additional Conce
Slide 9: Location
Las Lagunas Las Lagunas Project - Location 9
Slide 10: Tailings Reclaim
Las Lagunas Project - Tailings Reclaim • Low cost reclaim of sulphide tailings using dredges • Dredges feed direct to plant and stockpiles • Three dredges in operation providing redundancy • Sulphide tailings are sitting on top of a layer of oxide tailings - Survey control of interface - Visual cont
Slide 11: Process Plant
Las Lagunas Project - Process Plant • Industry standard grinding and flotation circuits • Flotation concentrate goes to Albion oxidation circuit • Albion oxidation circuit comprises - Ultra fine grinding - Oxidative leach tanks (‘Albion’ tanks) • Oxidised output from Albion fed to standard CIL circu
Slide 12: Community
Las Lagunas Project - Community • Effective engagement with local community • Building relationships by providing employment opportunities through rotating work program for local residents • Provides pathway to full-time employment through recruitment into permanent workforce • Proactive community &
Slide 13: Future Potential
Las Lagunas Project - Future Potential • Increase project life through additional feed sources • Tailings dam has surplus capacity to extend project life by 15 years • Prospects for feed sources being investigated in Dominican Republic, Canada, USA, Peru & Columbia • Annual metal production would be
Slide 14: Exploration
Exploration • Three exploration concessions totalling 24,580ha held in Dominican Republic • Targets are refractory Au/Ag and polymetallic Cu/Au/Ag deposits • All concessions under- explored - limited application of modern exploration techniques to date • Program fully funded for 2014 & 2015 14
Slide 15: Corporate Development Plan
Corporate Development Plan • Identify and secure additional feed for Las Lagunas plant from the Dominican Republic • Identify and secure additional feed from within the region which could be concentrated and shipped to Las Lagunas for processing • Identify and acquire stand alone projects where expe
Slide 16: Key Milestones For Next 12 Months
Las Lagunas - Key Milestones For Next 12 Months CY2014 Q1 Q2 Q3 Q4 Conclude negotiations with lenders to reschedule project loan repayments Complete & commission feed thickener Complete Albion circuit upgrade Commission upgraded Albion circuit and increase production • Achievement of key milestones
Slide 17: Contact Details
Contact Details Zach Casley Chief Executive Officer ! Brian Johnson Executive Chairman ! Registered Office: 55 Kirkham Road Bowral NSW 2576 Australia +61 2 4861 1740 ! admin@panterragold.com ! www.panterragold.com 17
Slide 18: Competent Persons Statement
Competent Persons Statement The information in this document that relates to Indicated Resources at the Las Lagunas project is based on information compiled by Rick Adams, BSc MAusIMM MAIG, Director Geological Resource Services for Cube Consulting, who is a consultant to PanTerra Gold Limited. Mr Ad