Oceanagold Corporation · TSX:OGC
Oceanagold — 2015 AUSIMM NZ Branch
21 slides from Oceanagold's conference presentation, Sep 1, 2015
Slide 1: Consistently Delivering On Commitments
Consistently Delivering On Commitments 2015 AUSIMM NZ Branch September 1 2015 Innovation • Performance • Growth Michael Holmes Chief Operating Officer
Slide 2: Cautionary and Technical Statements
Cautionary and Technical Statements Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer
Slide 3: OceanaGold Revised 2015 Guidance
OceanaGold REVISED 2015 Guidance Gold Production Copper Production Cash Costs All-In Sustaining Costs 380,000 – 410,000 ounces 22,000 – 23,500 tonnes $420 – $470 per ounce $690 – $740 per ounce Didipio LOM: 2030 Gold Copper Gold Standard Ventures Waihi(1) Haile(1) Gold Gold Silver Vancouver El Dorad
Slide 4: Recent News
Recent News Transformational investments that create wealth and complement existing portfolio 2015 Digger of the Year Consistently delivering on our commitments Operational & Financial Community Environment Government Romarco Waihi Gold Gold Standard Delivering Consistent Minerals Mine Ventu
Slide 5: Recent transactions
Recent transactions 5 OceanaGold Corporation Innovation Performance Growth
Slide 6: Romarco Minerals – Haile Project
Romarco Minerals – Haile Project Best-in-class asset with projected low cost production in top tier jurisdiction Proposed transaction, subject to shareholder, regulatory approvals Haile Gold Mine Located in South Carolina, USA – 58 miles from Columbia, SC, 30 miles from Charlotte, NC Carolina Slate
Slide 7: Transaction Rationale
Transaction Rationale New OceanaGold: The Low Cost Gold Producer The Low Cost Gold Producer Diversified Producer Mining operations in 3 Industry best AISC profile jurisdictions Didipio & Haile (+10 years) Best in Class assets Insulated business over the next decade of commodity volatility
Slide 8: Haile Long Section
Haile Long Section Significant potential opportunity beyond current open-pit reserves 3.5 km CHAMPION SMALL SOUTH PIT LEDBETTER SNAKE 274 m DEPTH (m) HORSESHOE MUSTANG 62.5 m of 9.6 g/t 117 m of 5.5 g/t PALOMINO 70.1 m of 5.5 g/t 610 m 2m ounces 2P Reserve @ 2.06 g/t ($950Au) 4m ounces M&I + 800 koz
Slide 9: Waihi Transaction Overview
Waihi Transaction Overview Waihi represents a high-grade, low-cost asset in a stable, well-known jurisdiction Attributable 2015 Guidance for Waihi Auckland Gold Production oz 65,000 – 70,000 Waihi AISC per oz $650 – $680 Cash Costs per oz $490 – $520 Acquisition cost of US$101m; funded from Reefton
Slide 10: Recent Historical Production and Reserves
Recent Historical Production and Reserves Waihi has a track record of reserve replenishment over its 27 year history Waihi Historical Production, Year End Reserves and Cumulative Production since 2007 1,000 1,00 0 900 864 900 800 732 800 700 622 700 555 500 600 600 460 458 500 410 350 500 360 360 36
Slide 11: Operations
Operations 11 OceanaGold Corporation Innovation Performance Growth
Slide 12: 4.3 million ounces produced
Proven track record of operational and sustainability success since 1990 4.3 million ounces produced 12 OceanaGold Corporation Innovation Performance Growth
Slide 13: New Zealand Economic Drivers
New Zealand Economic Drivers New economic conditions have increased profitability, organic growth in NZ NZD Gold Price vs. NZD:USD WTI Price Performance NZD Gold Price NZD:USD 100.00 2,200 0.900 90.00 2,100 WTI Price (US$ per bbl) 0.850 Gold price (NZD per oz) 2,000 80.00 1,900 0.800 NZD:USD 70.00 1
Slide 14: New Zealand Exploration
New Zealand Exploration Mine life extended at Frasers; brownfields exploration initiated at Macraes New zone at Coronation North with results including: 11 m @ 2.31 g/t, 22 m @ 2.20 g/t and 8 m @ 4.58 g/t Stockwork at Innes Mills with results including: 16 m @ 2.40 g/t, 19 m @ 1.21 g/t, and 8 m @ 2.
Slide 15: Reefton
Reefton Reefton operations transitioning to care and maintenance by year end Mining operations wind down in September Process operations wind down in early 2016 Strongly committed to our obligations; progressive rehabilitation continues to advance well 1 million ounces Continuous and transparent eng
Slide 16: Organic Growth in New Zealand
Organic Growth in New Zealand Organic growth demonstrates potential for increased value from NZ asset base Macraes Gold-Tungsten Project Blackwater At Macraes Near Reefton • PEA completed with robust financials • Scoping study complete • Currently reviewing mining method; • Advancing feasibility stu
Slide 17: Philippines Highlights
Philippines Highlights Significant cash flow generation from one of the lowest cost gold mines globally Underground portal construction completed Underground decline advancing well; over 300 metres tunnelled Connection to power grid advancing well and on track for Q4 2015 Near mine drilling at Didip
Slide 18: Sustainability
Sustainability 18 OceanaGold Corporation Innovation Performance Growth
Slide 19: Best Practice Sustainability Programs
Best Practice Sustainability Programs An unwavering commitment to the environment today, for tomorrow Raise 10,000 trout a year at foot of Macraes Best in class rehabilitation and biodiversity tailings facility across New Zealand Effective water management programs across Partnering with likeminded
Slide 20: Looking Ahead
Looking Ahead Waihi Gold Mine Close transactions Romarco Minerals Philippines Underground development Advance organic growth Power grid connection opportunities New Zealand Macraes exploration Macraes Gold-Tungsten Feasibility Enhance stakeholder engagement to align with Continue to ma
Slide 21: oceanagold.com
oceanagold.com Innovation Performance Growth