Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Shareholder Meeting (November 2015)
29 slides from Ramelius Resources's shareholder meeting presentation, Nov 26, 2015
Slide 1: Chairman's Address
RAMELIUS RESOURCES LIMITED 2015 ANNUAL GENERAL MEETING CHAIRMAN’S ADDRESS For personal use only Ladies and Gentlemen, it is my pleasure to welcome you to the 13th Annual General Meeting of Ramelius Resources Limited. Present with me today are my fellow directors, Mr Kevin Lines and Mr Mike Bohm, our
Slide 2: Chairman's Address (continued)
maiden mineral resource estimate that our Managing Director will shortly elaborate on in his presentation. However, initial scoping studies have suggested a viable open pit mining operation and given the project’s proximity to Mt Magnet, a mining operation at Blackmans will add to current gold produ
Slide 3: Ramelius Resources Limited Annual General Meeting – November 2015
For personal use only Ramelius Resources Limited ASX:RMS Annual General Meeting – 26 November 2015
Slide 4: Forward Looking & Competent Persons Statements
Forward Looking & Competent Persons Statements For personal use only Forward Looking Statements This presentation contains certain forward looking statements with respect to Ramelius’financial condition, results of operations, production targets and other matters that are subject to various risks an
Slide 5: Months in Review
12 Months in Review For personal use only Mar-15 Qtr Jun-15 Qtr Sep-15 Qtr Dec-15 Qtr Commenced mining Percy “Go Ahead” announced for Commenced mining Sep Quarter Gold Production open pit (Mt Magnet) Kathleen Valley & Vivien Kathleen Valley & Vivien Guidance exceeded High grade gold hits at A$10M fi
Slide 6: Months in Review
12 Months in Review For personal use only Ramelius Resources Limited • Annual General Meeting – November 2015 4
Slide 7: Months in Review
12 Months in Review For personal use only Ramelius Resources Limited • Annual General Meeting – November 2015 5
Slide 8: Months in Review
12 Months in Review For personal use only Ramelius Resources Limited • Annual General Meeting – November 2015 6
Slide 9: Months in Review
12 Months in Review For personal use only Ramelius Resources Limited • Annual General Meeting – November 2015 7
Slide 10: Delivering on Strategy
Delivering on Strategy 1. Focus on capital management For personal use only 2. Profitable operations 3. High margin asset discovery * AISC represents All-In Sustaining Costs as per the World Gold Council guidance Ramelius Resources Limited • Annual General Meeting – November 2015 8
Slide 11: Delivering on Strategy – Forward Gold Sales
Delivering on Strategy Forward Gold Sales (30 Sep 2015) For personal use only Ramelius Resources Limited • Annual General Meeting – November 2015 9
Slide 12: Peer Comparison
Peer Comparison For personal use only Ramelius Resources Limited • Annual General Meeting – November 2015 10
Slide 13: Corporate Summary
Corporate Summary For personal use only Capital Structure (as at 30 Sep 15) Board & Management Shares on Issue 473.7M Robert Kennedy Non Executive Chairman Market Cap A$85.3M Mark Zeptner Cash & Gold A$39.2M Managing Director Kevin Lines Corporate Debt Nil Non Executive Director Enterprise Value A$4
Slide 14: Operations & Development Projects Overview
Operations & Development Projects Overview For personal use only Blackmans Gold Project Kathleen Valley Gold Mine Resource Tonnes 457kt Resource 163koz Resource Grade 2.6g/t Reserve 55koz Resource Ounces 38koz Life 1.5 years Mt Magnet Gold Mine AISC A$936/oz Mill Capacity 1.7Mtpa UCF* A$28M Resource
Slide 15: Operations – Mt Magnet Production & Costs
Operations – Mt Magnet Production & Costs use only Milled Tonnes & Head Grade Gold Production & Costs 700,000 2.00 25,000 2,000 Western Percy Pit Queen Pit SAG mill 22,500 Ball mill 1,800 repairs 600,000 motor 1.75 Mossbecker 20,000 1,600 500,000 pit 17,500 1,400 Saturn 1.50 For personal Gold Produc
Slide 16: Operations - Mt Magnet Gold Mine
Operations - Mt Magnet Gold Mine For personal use only Saturn & Mars open pits complete Saturn pit • 210m deep, final depth • 2.83Mt @ 1.41g/t for 128koz mined • Oct 2011 - Sep 2015 Mars pit • 140m deep, final depth • 1.40Mt @ 1.70g/t for 77koz mined • Oct 2011 - Oct 2015 Percy pit • 40m dee
Slide 17: Operations - Kathleen Valley Gold Mine
Operations - Kathleen Valley Gold Mine For personal use only Ore Reserve Physicals June 2015 Mine Life 1.5 years Mineral Resource 163koz Ore Reserve 55koz Grade 4.2 g/t Recovery 95.0% Recovered Ounces 52koz BFS Financials February 2015 Up Front Capital A$1.5M C1 Cash Cost A$925/oz AISC A$936/oz Tota
Slide 18: Operations - Vivien Gold Mine
Operations - Vivien Gold Mine For personal use only Ore Reserve Physicals June 2015 Mine Life 3 years Mineral Resource 184koz Mining Inventory 109koz2 Grade 7.6 g/t Recovery 95.0% Recovered Ounces 104koz Updated BFS Financials Oct 2014 Up Front Capital A$16.3M C1 Cash Cost A$766/oz Royalties A$120/o
Slide 19: Development - Blackmans Gold Project
Development - Blackmans Gold Project For personal use only Mineral Resource Physicals June 2015 Resource Tonnes 457kt Resource Grade 2.6g/t Resource Ounces 38koz Physicals Ore Reserve Mine Life tba Mineral Resource 38koz Ore Reserve tba Grade tba Recovery tba Recovered Ounces tba Ramelius Resources
Slide 20: Production Targets - FY2016
Production Targets - FY2016 Over-performance in Sep 2015 Qtr (23.6koz Actual vs 20koz Guidance) → 104koz forecast For personal use only FY2016 - Group Production Profile 40,000 3.0 2.7 35,000 2.5 30,000 2.1 1.9 Mossbecker 1.8 2.0 Kathleen Valley 25,000 & Mossbecker Yellow Aster Vivien Mossbecker O
Slide 21: Production Targets - Year Plan
Production Targets - 3 Year Plan* Robust plan over next 3 years using primarily Ore Reserves (92%) For personal use only Strong focus on building quality LoM extensions during remainder of FY2016 RMS - Group Production Profile 1,250 140,000 1,200 Yellow Aster 120,000 1,100 1,000 KV extensions 1,
Slide 22: Exploration - Project Locations
Exploration - Project Locations For personal use only Ramelius Resources Limited • Annual General Meeting – November 2015 20
Slide 23: Exploration - Mt Magnet (WA)
Exploration - Mt Magnet (WA) For personal use only New 3-D geological model created Targeting large tonnage opportunities within felsic porphyry units 1.5km south of Galaxy open pits First target Milky Way open pit: High grade intersections: 6m @ 11.64g/t Au from 189m 7m @ 11.29g/t Au
Slide 24: Exploration - Tanami JV (NT)
Exploration - Tanami JV (NT) For personal use only 1,700km2 of prospective geology RMS earnt 85% from Tychean (ASX: TYK) Within 100km of; Newmont’s +20Moz Callie Gold Mine Granites Treatment Plant Suplejack EL 3 phases of drilling Plus 10ppb interface gold anomaly over 2km strike Hig
Slide 25: 2016 Focus Areas
2016 Focus Areas For personal use only Australia’s next 100koz p.a. gold producer • Mine Life / Reserves • Profitable Operations • Exploration Ramelius Resources Limited • Annual General Meeting – November 2015 23
Slide 26: Thank you
Thank you For personal use only Contact details: Mark Zeptner – Managing Director Phone – +61 8 9202 1127 Email – reception@rameliusresources.com.au Website – www.rameliusresources.com.au completed Saturn pit, looking north Ramelius Resources Limited • Annual General Meeting – November 2015
Slide 27: Production Targets, Mineral Resources & Ore Reserves Note
Production Targets, Mineral Resources & Ore Reserves Note For personal use only For detailed information relating to Mineral Resources and Ore Reserves see ASX release (RMS) 10 Sept 2015, ‘Resources and Reserves Statement’. All Mt Magnet Production targets are based on Ore Reserves. ¹ Kathleen Valle
Slide 28: Mineral Resource Statement
Mineral Resource Statement MINERAL RESOURCES AS AT 30 JUNE 2015 - INCLUSIVE OF RESERVES For personal use only 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 For detailed information re
Slide 29: Ore Reserve Statement
Ore Reserve Statement For personal use only ORE RESERVE STATEMENT AS AT 30 JUNE 2015 Proven Probable Total Reserve For detailed information relating to Tonnes Au Au Tonnes Au Au Tonnes Au Au Ore Reserves see ASX release (RMS) 10 ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz Sept 2015, ‘Resources and
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