Red 5 Ltd

Red 5 — Resources Rising Stars conference 2018

19 slides from Red 5's conference presentation, May 30, 2018

  1. Slide 1: Red 5 – ASX Code: RED

    ASX Code: RED 29 – 30 May 2018 – Mark Williams, Managing Director

  2. Slide 2: Competent Person's Statement & Disclaimer

    Competent Person’s Statement & Disclaimer Competent Person Statement for Exploration Results The information in this presentation which relates to Exploration Results is extracted from the ASX announcement titled “High-Grade Drilling Results Confirm Potential for Resource Extensions within Key Minin

  3. Slide 3: Red 5 – Corporate Summary

    Red 5 – Corporate Summary Share Price Issued Shares Market Cap • Kevin Dundo Chairman (at 25/05/18) (undiluted) (at 25/05/18) • Mark Williams Managing Director A$0.066 1,240.7M A$81.9M • Ian Macpherson Non-executive Director • Colin Loosemore Non-executive Director Enterprise Value Debt Cash/Bullion

  4. Slide 4: Red 5 Projects: 2.4Moz Resource Inventory

    Red 5 Projects: 2.4Moz Resource Inventory Siana Gold Project, Philippines • Open pit and underground mining Darlot Gold Mine, WA • CIL process plant • Underground mining • Operations temporarily suspended • CIL process plant Mapawa Project, Philippines King of the Hills Gold Project, WA • Developmen

  5. Slide 5: Growth Potential – Against Peers

    Growth Potential – Against Peers 400 350 Projects with processing option in Projects with no current EV A$/oz resources 300 place or close to commissioning processing option 250 (average A$122/oz) (average A$67/oz) 200 150 100 50 0 Source: Share Prices from ASX 22 May 2018, company data from company

  6. Slide 6: Eastern Goldfields – Production and Processing

    Eastern Goldfields – Production and Processing  Strong performance at Darlot Underground since 2 October 2017  Underground mining commenced at KOTH in January 2018 – ramp-up progressing well  Forecast guidance for CY2018 of 85,000-95,000oz  Forecast guidance for June 2018 Quarter of 18,000-23,00

  7. Slide 7: Ockerburry Hill Tenement

    Ockerburry Hill Tenement  Acquisition consistent with Red 5’s Eastern Goldfields consolidation strategy  Tenement EL36/865, located approximately 20km west of Darlot, acquired from global gold miner AngloGold Ashanti  Tenement covers a highly prospective part of the Yandal Greenstone Belt and inc

  8. Slide 8: Darlot – A Treasure Trove of Opportunity

    Darlot – A Treasure Trove of Opportunity Lords High  Pipeline of ranked Amplitude exploration and resource targets  Large number of bolt-on opportunities for El Dorado near-term Resource South and Reserve growth  Recent acquisition of Ockerburry Hill Tenement, 20km west of Darlot, from AngloGold

  9. Slide 9: Darlot – Multiple Near-Surface & Deep Targets

    Darlot – Multiple Near-Surface & Deep Targets Darlot Thrust extension targets Aurora Target – strong multi-element geochemical target along strike from Centenary Darlot - Key underground targets Waikato Open Pit – Waikato IP, Thrust Magnetic Target – Repeat Mine Targets near-surface resource in- fil

  10. Slide 10: Waikato Open Pit – Magnetic High Target

    Waikato Open Pit – Magnetic High Target  2km of largely untested strike potential  High priority walk-up drill targets identified:  Magnetic high feature 300m NW of Waikato North and 400m SE of Waikato South  400m section of magnetic high response between Waikato and Waikato South  Waikato tren

  11. Slide 11: Darlot – Key Underground Targets

    Darlot – Key Underground Targets Second underground drill rig arriving in June – El Dorado focus on near-mine targets and 3D seismic Oval North Lords High Amplitude targets: North West  Lords High Amplitude CDA Lords  Oval North West Felsics  Oval Flattening El Dorado  Pederson South Oval South

  12. Slide 12: Growth Potential – Resources & Reserves

    Growth Potential – Resources & Reserves  Updated JORC 2012 Resource of 6.0Mt @ 4.6g/t for 895koz – four-fold increase in contained ounces over previous Gold Fields SAMREC Resource estimate4, primarily due to:  Inclusion of areas previously considered sterilised  Reduced mining cut-off grades  In

  13. Slide 13: Growth Potential – Near-Mine Extensional Drilling

    Growth Potential – Near-Mine Extensional Drilling5 5.0m @ 5.7g/t Au (CAD0400) 5.0m @ 5.5g/t Au (CAD0401) 1.0m @ 7.8g/t Au (CAD0402) 9.0m @ 13.2g/t Au (CAD0403) 0.8m @ 0.8g/t Au (CAD0404) 4.5m @ 7.2g/t Au (CAD0405) 5.0m @ 50.0g/t Au (CAD0406) 5.0m @ 10.0g/t Au (CAD0407) 4.5m @ 28.4g/t Au (CAD0408) 5.

  14. Slide 14: King of the Hills Mine – Growth and Upside

    King of the Hills Mine – Growth and Upside  Located in prolific Leonora Greenstone Belt  Underground Indicated and Inferred Resource of 2.71Mt @ 4.6g/t Au for 402koz (Saracen Minerals Resource and Reserve Statement, 2 August 2017)  Underground mining and resource drilling commenced January 2018,

  15. Slide 15: King of the Hills – Growth Opportunities

    King of the Hills – Growth Opportunities  Heap Leach assessment:  Potential to heap leach lower-grade ore from KOTH underground and cut-back to historical open pit  Preliminary test work indicates +70% recovery achievable at typical heap leach operating conditions  Second stage column leach test

  16. Slide 16: King of the Hills – Regional Targets

    King of the Hills – Regional Targets  11,751 ha tenement package in the Leonora Greenstone Belt, complete with extensive high-quality exploration datasets:  High resolution magnetics  High resolution gravity  2D seismic lines (over deposit position)  Tenement-wide soil geochemistry  RAB/AC dri

  17. Slide 17: Siana Gold Project, Philippines

    Siana Gold Project, Philippines  Mining suspended at Siana Gold Project in April 2017 in response to regulatory delays  Suspension plan rapidly and effectively implemented to preserve the significant retained value of the large in-ground gold inventory at Siana  During the period of suspension, e

  18. Slide 18: Red 5 – New Mines, Not Old Mines

    Red 5 – New Mines, Not Old Mines  Commanding 36,489ha footprint in the highly-endowed Leonora- Leinster gold district – Darlot, King of the Hills and Ockerburry Hill  On EV / Resource oz, on known resources, Red 5 is undervalued  Darlot exploration is delivering broad mineralised intercepts at gr

  19. Slide 19: Thank-you

    Thank-you ¥ RED ASX Code: RED

Red 5 — Resources Rising Stars conference 2018 on 6ix