Slide 1: Review of September Quarter 2012
For personal use only ASX/TSX: PRU www.perseusmining.com Review of September Quarter 2012 Mark Calderwood - CEO 16 October 2012
Slide 2: Cautionary Statements
Cautionary Statements Forward-Looking Statements For personal use only Statements in this presentation regarding the Company’s plans with respect to its mineral properties are or may be forward-looking statements. There can be no assurance that the plans for development of its mineral properties wil
Slide 3: Highlights
Highlights Gold production of 52,610 oz from Edikan (“EGM”) during the Quarter For personal use only was slightly under guidance of 55-60,000oz. Adjusted cash costs of US$475/oz compare favourably to guidance of US$575/oz Guidance for the December 2012 Quarter remains unchanged at 65,000oz to 70
Slide 4: Edikan Gold Mine – Performance Overview
Edikan Gold Mine – Performance Overview Gold Production For personal use only Production 52,610oz in line with June quarter and slightly under guidance Cash Cost US$475/oz (post adjustment for stockpile and waste stripping) Mill throughput up 12% on June Quarter throughput rate ~6.0MTPA (at
Slide 5: Edikan Gold Mine - Operating Highlights
Edikan Gold Mine - Operating Highlights Mining For personal use only 4.1Mbcm of ore + waste mined (up 13% from June Qtr) 2.Mt of ore (down 4% from June Qtr) at 1.2g/t Au Strip Ratio 4.7:1 (bcm:bcm) Ore stockpile increased to 4.4Mt at 0.8g/t containing 102Koz of gold Mining cost average U
Slide 6: Edikan Gold Mine - Processing Issues & Improvements
Edikan Gold Mine - Processing Issues & Improvements Processing issues For personal use only Two unscheduled shutdowns for crusher significantly impacted gold production during the quarter, lost 259 hours of crushing time. Lost 70 hours of milling time due to failure of supply chain Preventat
Slide 7: Edikan Gold Mine - Production Outlook
Edikan Gold Mine - Production Outlook Unchanged Production Guidance For personal use only December Quarter – 65 to 70,000oz at US$650/0z FY 2013 – 245 to265,000 oz at US$600/oz Mining Ore from high grade AF-Gap and low grade Fobinso Dewatering Fetish pit for mining in late 2012/early 201
Slide 8: Sissingué Gold Project
Sissingué Gold Project Permitting & Fiscal Arrangement For personal use only Exploitation Permit granted Mining Convention tabled but still under review by authorities Development approval on hold pending clarity on fiscal terms – in particular, suggestion of “Super Profits” Tax need to be c
Slide 9: Ghana - Exploration
Ghana - Exploration 5,115m of drilling completed during For personal use only Quarter Exploration Results Dadieso – 32.5 m @ 3.5g/t Au from 39.6m and 11.1m @1.5g/t from 82.7m Nkonya – 12.8m @ 2.9g/t, 8.9m @2.5g/t Re-logging of diamond drill core and RC cuttings as part of a broad review of
Slide 10: Côte d’Ivoire - Exploration
Côte d’Ivoire - Exploration 18,604 m of drilling completed For personal use only Exploration Results from Sissingué deposit included: 11m @7.5g/t from 274 6.5m @ 10.2g/t from 258.6m 47.5m @1.4g/t from 37.5m Extensional drilling at Sissingué included: 10m @5.1g/t from 38m and 4m @ 81.
Slide 11: Corporate
For personal use only Corporate Available cash at 30 September 2012 was $108.8M and bullion holdings on site and at refinery totaled 8,261oz of gold Restructured, upsized and extended term of debt facility to a revolving line of credit with a limit of US$100M and term to December 2015 Debt fac
Slide 12: For personal use only
For personal use only ASX/TSX: PRU www.perseusmining.com Mark Calderwood Nathan Ryan MD/CEO Investor Relations +61 8 9240 6344 +61 420 582 887 Jeff Quartermaine Rebecca Greco CFO Investor Relations +61 8 9240 6344 +1 416 822 6483