Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Shareholder Meeting (June 2010)
19 slides from Ramelius Resources's shareholder meeting presentation, Jun 30, 2010
Slide 1: Ramelius Resources Limited General Meeting Presentation
For personal use only Ramelius Resources Limited General Meeting Presentation 30 June 2010 Ian Gordon CEO
Slide 2: Disclaimer
For personal use only DISCLAIMER This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantl
Slide 3: Company Overview
Company Overview For personal use only Directors: Robert Kennedy ‐ Chairman Reg Nelson Kevin Lines Joe Houldsworth Ian Gordon ‐ CEO Issued Shares: 291 m ordinary shares 18.4 m options expiring 30/6/10 Sprott Asset Management ~14% Large Shareholders: Beach Energy Limited ~7% Directors ~6% 3
Slide 4: Company Strategy
Company Strategy For personal use only Grow Ramelius into a profitable long life miner Maximise cash flow and profits from operations Extend mine life at Wattle Dam beyond 2011 Explore for world class long lived gold deposits Acquire production projects that have upside Provide significa
Slide 5: Results Summary
Results Summary For personal use only 3 years of full year net profit 2007‐2009 Net Profit of $10.1m for December half 2009 Record production of 20,832 in Dec Qtr 2009 UG Production of 56,000 ounces to date* Project payback achieved in March Qtr 2010 Capital Return of 5 cps announced 5 M
Slide 6: Wattle Dam Underground Mine
Wattle Dam Underground Mine For personal use only Production to date of 56,000 oz * * Estimated to 30 June 2010 6 6
Slide 7: Wattle Dam Underground Mine
Wattle Dam Underground Mine For personal use only Total Costs of A$500 per oz* * to 31 March 2010 7 7
Slide 8: Wattle Dam Underground Mine
Wattle Dam Underground Mine For personal use only Open Pit 241 Level 41 g/t Open Pit Mined 225 Level 41 g/t Mined 20 g/t 205 Level 41 g/t 185 Level 44 g/t Decline High Grade outline 8
Slide 9: Mine Geology
Mine Geology For personal use only Ultramafic contact with interflow sediment and extensive coarse gold 9
Slide 10: Extensive Visible Gold
Extensive Visible Gold For personal use only 10
Slide 11: Deep Diamond Drilling
Deep Diamond Drilling For personal use only Commenced late May 2010 from base of mine Drill position currently being completed Extensive program to define new resources Encouraging results from surface diamond holes Surface drilling results include 5.5m @ 148 g/t Au and 3.5m @ 13.8 g/t Au
Slide 12: Deep Diamond Drilling
Deep Diamond Drilling For personal use only Target 12 Zone
Slide 13: Exploration & Acquisitions
Exploration & Acquisitions For personal use only Focus 1: Wattle Dam Deep drilling Focus 2: New deposits in world class gold belts ¾ Mt Windsor QLD: Breccia and epithermal gold ¾ Glen Isla NSW: Epithermal / porphyry gold ¾ Big Blue Nevada: Carlin sediment hosted gold New acquisitions will be u
Slide 14: Mt Windsor JV (earning 60%)
Mt Windsor JV (earning 60%) For personal use only World Class Gold District in North QLD Adjoins Mt Leyshon 3M oz Au & Pajingo 3M oz Au 14
Slide 15: Mt Windsor JV...
Mt Windsor JV... For personal use only Targeting breccia & epithermal style gold deposits Over 40 targets developed Geophysics and drilling of 4 targets in 2010 G5 IP TARGET 15
Slide 16: Glen Isla JV (earning 75%)
Glen Isla JV (earning 75%) For personal use only 3D IP survey completed Drilling of IP target in July 2010 16
Slide 17: Big Blue JV (earning 70%)
Big Blue JV (earning 70%)* For personal use only World Class Gold District in Nevada US Targeting large sediment hosted gold deposits Nevada California 17 *Marmota may earn 40% of RMS interest
Slide 18: Investment Highlights
Investment Highlights For personal use only Strong financial position ‐ A$94m cash and gold Producing gold at the highest grade in Australia Low total cost base ‐ average of ~A$500* per ounce New drilling to test Wattle Dam extensions New pipeline of projects in world class locations His
Slide 19: Thank you
For personal use only The Information in this report that relates to Exploration Results is based on information compiled by Matthew Svensson. Matthew Svensson is a Member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and