Slide 1: Quarterly Results December 2012
For personal use only Quarterly Results December 2012
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Evolution Mining Limited (“Evolution Mining”) and consists of slides for a presentation concerning the company. By reviewing/attending this presentation, you acknowledge and agree the following. This presentation includes fo
Slide 3: December Quarter Highlights
December Quarter Highlights For personal use only Delivering on Guidance Record quarter Group gold production of 101,663oz at cash cost A$764/oz Au Above quarter guidance of 85,000-90,000oz and within FY2013 cash cost guidance FY13 production and cash cost guidance confirmed Delivering on exploratio
Slide 4: December Quarter Production
December Quarter Production For personal use only Dec Sep Year to Consolidated Production Units Quarter Quarter Date Summary FY13 FY13 FY13 Gold produced oz 101,663 94,446 196,110 Silver produced oz 84,747 79,743 164,490 C1 Cash Cost1 A$/oz 764 732 749 Total Cost2 A$/oz 1,241 1,135 1,190 Gold sold o
Slide 5: Operations
For personal use only Operations
Slide 6: Cracow
Cracow For personal use only Gold production lifted to 28,574oz; an 11% increase on Sep quarter (25,750oz) Cash cost of A$861/oz; with unit costs expected to reduce in 2H FY13 Record quarter development of 2,149m; to provide multiple, concurrent ore sources 50,000 1,000 Charging of stope at Cr
Slide 7: Pajingo
Pajingo For personal use only Re-establishment of access to the high-grade Sonia orebody lifted gold production to 24,340oz (15,651oz); a 55% increase Further high-grade ore to be mined from Sonia in 2H FY13 Cash operating cost of A$695/oz (A$966/oz) 141,656t ore (106,153t) grading 5.6g/t Au
Slide 8: Edna May
Edna May For personal use only Gold production of 22,763oz (25,925oz) Cash costs increased to A$838/oz (A$752/oz) but remain below FY13 guidance Improved reliability of plant with total 692,019t ore grading 1.15g/t gold processed and plant utilisation improved to 92.8% (84.5%) Secondary crus
Slide 9: Mt Rawdon
Mt Rawdon For personal use only Gold production of 25,986oz (27,121oz) in-line with expectations Cash cost of A$658/oz in-line with FY13 cash cost guidance Ore extraction from main ore zone of Stage 2 cutback Stage 3 cutback progressed well and on track to expose production ore in FY14 60,00
Slide 10: Mt Carlton
Mt Carlton Delivering a significant growth project For personal use only Commissioning commenced at the Mt Carlton gold-silver-copper project First concentrate production expected in the March quarter 2013 Capital expenditure to date of A$162M Mt Rawdon Open Pit: Stage 2 Cutback Sept 2012 Conv
Slide 11: Exploration
For personal use only Exploration
Slide 12: Exploration
Exploration Strategic 6,751km2 tenement holding around operations For personal use only in established metallogenic belts Well-funded FY13 exploration budget of A$28M (excluding orebody extension and resource development) Building team to maximise potential for discovery Significant results
Slide 13: Pajingo
Pajingo For personal use only LEGEND Resources from lode infill Orchid / Sonia / Zed Rolleston Resources from lode Chickadee extensions Eva / Sonia East New discovery (economic intercept) Moonlight / Io Pajingo East (greenfield potential) 13
Slide 14: Pajingo – Q2 selected significant intercepts
Pajingo – Q2 selected significant intercepts For personal use only Cindy Oblique view looking northwest Scale Sonia 5.6m @ 14.0 g/t Au 0 500m 2.2m @ 13.0 g/t Au Venue VNU 4.0m @ 77.0g/t Au 3.8m @ 20.5g/t Au 4.5m @ 97.1 g/t Au Veracity Sonia East 1.8m @ 25.6g/t Au 2.4m @ 16.7g/t Au 0.7m @ 29.2g/t Au
Slide 15: Cracow
Cracow For personal use only Reserve growth target ~160-180koz Sterling Magnetic Survey on Fernyside Porphyry Coronation Target N Empire Roses Pride Cracow South – East Geological Mapping Kilkenny/Tipperary and Gradient Array Targets New Discoveries Denmead Coronation Griffin Denmead
Slide 16: Cracow – Q2 selected significant intercepts
Cracow – Q2 selected significant intercepts For personal use only Roses Pride Oblique view looking northwest • 98 DD holes for 10,470m in 1HFY13 • Model Pending Scale 1000m Empire 0 1km • 37 DD holes for 3,238m in 1HFY13 • Model Pending Denmead Coronation CNU005: 11m (1.25etw) @ 8.44g/t Au • 12 DD f
Slide 17: Edna May and Mt Rawdon
Edna May and Mt Rawdon For personal use only Edna May High-resolution aeromagnetic survey over Holleton prospect completed Mt Rawdon Resource definition drilling to upgrade resource to Indicated Consolidated ground position around Mt Shamrock intrusion N Interpretation of geophysical data ar
Slide 18: Mt Carlton Exploration
Mt Carlton Exploration For personal use only Detailed airborne magnetics + radiometrics + multi-element soil geochemistry completed over 17km long Capsize trend Drill testing in western portion of Multi element soil geochemistry survey area mining lease intersects Aeromagnetic Survey Mining Leas
Slide 19: Corporate
For personal use only Corporate
Slide 20: Financial Performance
Financial Performance For personal use only Total revenue of A$172.6M (A$149.1M) from record gold sales of 103,258oz sold at an average price of A$1,646/oz; revenue increased 16% Group cash operating costs (C1) of A$77.7M in total or A$764/oz. All-in cash cost of A$1,127/oz Cash inflow of A$11
Slide 21: Outlook
For personal use only Outlook
Slide 22: Evolution Mining
Evolution Mining 4th largest ASX listed gold producer For personal use only FY2013 guidance confirmed; 370,000 – 410,000oz at A$730 – A$790/oz gold Portfolio of assets delivering operational predictability Strong balance sheet to fund growth Investing in efficiency gains across all operation
Slide 23: Evolution Mining
For personal use only Evolution Mining ASX Code: EVN www.evolutionmining.com.au
Slide 24: Appendix - Production Summary
Appendix - Production Summary For personal use only December 2013 Quarter Units Cracow Pajingo Edna May Mt Rawdon Total/Average UG lateral development - capital m 1,086 845 0 0 1,931 UG lateral development - operating m 1,063 341 0 0 1,404 Total UG lateral development m 2,149 1,186 0 0 3,335 UG ore
Slide 25: Competent Person Statement
Competent Person Statement The information in this presentation that relates to exploration results, Mineral Resources or Ore Reserves listed in For personal use only the table below is based on work compiled by the person whose name appears in the same row, who is employed on a full-time basis by t