Aurelia Metals Limited · ASX:AMI
Aurelia Metals — YTC Resources — Shareholder Meeting (November 2011)
26 slides from Aurelia Metals's shareholder meeting presentation, Nov 18, 2011
Slide 1: AGM Presentation
AGM PRESENTATION SYDNEY 18 NOVEMBER 2011 1
Slide 2: Disclaimer
DISCLAIMER • This presentation has been prepared by YTC Resources Limited (“YTC” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No
Slide 3: Project Highlights
PROJECT HIGHLIGHTS Significant exploration success at Nymagee Copper Deposit has led to the integration of the Hera-Nymagee Project • Nymagee evolving into a major high-grade copper and polymetallic deposit • Proximity to Hera provides opportunity for centralised processing plant • Robust Stage 1 de
Slide 4: Corporate Highlights
CORPORATE HIGHLIGHTS • 2 Capital Raisings completed in the year provides the company with a strong cash balance: - $10m Oct 2010 (25c) - $25m Mar 2011 (57c) • Ownership of Nymagee JV lifted to 90% 1 year price chart • Sale of New England tin interests to Taronga Mines Major Shareholders (approx. %)
Slide 5: Taronga Mines Update
TARONGA MINES UPDATE Agreements between YTC, Taronga Mines (TAZ) and Australian Oriental Mines (AOM) have now completed. Under these agreements: • 12.4 million TAZ shares and 5.5 million TAZ options were issued to YTC representing 25.8% of TAZ‟s issued capital • 160,970 YTC shares were issued to AOM
Slide 6: Hera-Nymagee Project Location
HERA-NYMAGEE PROJECT LOCATION Bourke CSA Copper Mine +1.5Mt Cu endowment Cobar Gold Field Armidale Endeavour Mine +7Moz Au Eq production Toho Zinc Australia Zn-Pb-Ag Girilambone Cu Mine CSA Mine Straits Resources Glencore NSW Cu Tritton Straits Nyngan Cobar Cu Mt Boppy Mine The Peak Mine Polymetals
Slide 7: Cobar Basin Deposits
COBAR BASIN DEPOSITS LONG LIFE, HIGH GRADE – VERTICAL CONTINUITY COBAR DISTRICT – LONG SECTION Long Section: Cobar Gold Field +7Moz Au Eq production CSA +1.5Mt Cu Eastern Western Perseverance The Peak New Occidental Chesney New Cobar Great Cobar System System 500m 10km 1000m 1500m QTS QTS South Nort
Slide 8: Tenement Coverage
TENEMENT COVERAGE 25KM OF PROSPECTIVE STRIKE Nymagee JV • Hera & Nymagee deposits located YTC 90% immediately west of the Rookery Fault, (shaded area) near the eastern margin of the Cobar Nymagee Deposit Basin Cu-Ag • Equivalent structural position as CSA Copper Mine and Peak Gold Mine Hera Deposit
Slide 9: Stage 1 – Hera Development: DFS Complete
STAGE 1 – HERA DEVELOPMENT HERA DFS COMPLETE • Hera DFS confirms a financially & technically robust project producing gold-silver doré bars and a bulk lead-zinc concentrate • Resource 677,200 ounces Au Eq. at grade of 8.6g/t Au Eq. • Reserve 423,471 ounces Au Eq. at grade of 7g/t Au Eq. • Minimum 7.
Slide 10: Stage 1 – Hera Development: DFS Complete
STAGE 1 – HERA DEVELOPMENT DFS COMPLETE HERA DFS 3D view of Hera Mine Design showing mine capital development, final Diluted Reserve (tonnes) 1,875,918 stope design and CRF fill. Diluted Reserve Grade g/t Au (on gold equivalent basis) 7g/t Au Eq. Net Smelter Return (NSR) $218 / tonne Mine Life (
Slide 11: Opex & Capex Summary
STAGE 1 – HERA DEVELOPMENT OPEX & CAPEX SUMMARY PRE-PRODUCTION CAPEX Pre-production capital costs for the project are estimated to be $73.5m, being the sum of surface and process plant Return air shafts infrastructure and pre-production mine capital costs as Decline summarised in the Table below. Es
Slide 12: Hera Site Layout
STAGE 1 – HERA DEVELOPMENT SITE LAYOUT 12
Slide 13: Hera Resource
HERA RESOURCE UPGRADED IN JUNE 2011 – 677kOz Au Eq 13
Slide 14: Nymagee Deposit – Schematic Section
NYMAGEE DEPOSIT – SCHEMATIC SECTION YTC – 90% Nymagee Cu Deposit - Schematic Cross Section 1. FOOTWALL ZONE – SHALLOW: 300m ASL WIDE ZONE OF SHALLOW COPPER – OPEN CUT TARGET • NMRC001: 53m @ 2.2% Cu • NMRC002: 69m @ 1.5% Cu • NMD038: 92m @ 1.5% Cu 200m ASL 2. MAIN LENS: HIGH GRADE COPPER – UNDERGROU
Slide 15: Nymagee Copper
NYMAGEE COPPER Nymagee Copper Mine NMRC001: Historic Production: 53m @ 2.3% Cu 422,000 tonnes @ 5.8% Cu Main Shaft LONG SECTION – SELECTED INTERCEPTS NMRC022:1 Level NMRC002: Open Cut Open Cut 69m @ 1.5% Cu 53m @ 1.7% Cu 2 Level NMD038: 18m @ 6.3% Cu, 3 Level NMRC006: Stope 26g/t Ag, 0.65g/t Au 4 Le
Slide 16: Nymagee Pb-Zn-Ag
NYMAGEE Pb-Zn-Ag Nymagee Copper Mine NMRC051: Historic Production: 12m @ 0.3% Cu, 5.7% Pb, 422,000 tonnes @ 5.8% Cu Main Shaft 9.1% Zn & 62g/t Ag LONG SECTION – SELECTED INTERCEPTS 1 Level NMRC002: 5m @ 0.8% Cu, 6.0% Pb, Open Cut Open Cut NMD043: 10.9% Zn & 55g/t Ag 8m @ 0.5% Cu, 5.0% Pb, 13.6% 2 Le
Slide 17: Nymagee Deep Drilling
NYMAGEE DEEP DRILLING • Deep drilling results show the Nymagee copper system now extends beyond 500m vertical • Assays available for NMD050W1, (deepest hole) and NMD057 NMD50W1: 33.3m @ 0.96% Cu from 422.42m, including 1.0m @ 12.0% Cu from 438.7m 61.0m @ 0.8% Cu from 547m, including 4.0m @ 2.0% Cu f
Slide 18: Nymagee Copper Deposit vs CSA
NYMAGEE COPPER DEPOSIT vs CSA SCHEMATIC CROSS SECTION COMPARISON - LOOKING NORTH SHALLOW MAIN SHAFT COPPER ZONE 1 Level 2 Level 3 Level LEAD-ZINC- 4 Level SILVER LENS (PROJECTED 5 Level FROM 100m -200m NORTH) 6 Level 7 Level Low-Grade Cu Mineralisation High-Grade Cu Mineralisation MAIN LENS Pb-Zn Mi
Slide 19: Nymagee – Shallow Copper Discovery
NYMAGEE – SHALLOW COPPER DISCOVERY 434,600 mE 434,800 mE 435,000 mE 6,452,600 mN Northern 6,452,600 mN Shallow Copper NMRC051: Zone 12m @ 0.3g/t Au, 62g/tAg, 0.3% Cu, 5.7% Pb, 9.1% Zn from 89m NMRC001: 53m @ 2.3% Cu from 34m NMRC002: • Broad widths of strong, shallow copper sulphide mineralisation W
Slide 20: Broad Widths + Supergene Enrichment – Open to the North
NYMAGEE – SHALLOW COPPER DISCOVERY BROAD WIDTHS + SUPERGENE ENRICHMENT – OPEN TO THE NORTH HISTORIC OPEN CUTS 320m ASL • Shallow Copper Zones at Nymagee NMRC001: 16m @ 4.2% Cu from 42m evolving into a substantial target at 1 Level open pittable depths 2 Level NMRC002: 19m @ 3.0% Cu from 49m • Open t
Slide 21: Hera-Nymagee Project: Growth Assets in a Premier Mining Address
HERA-NYMAGEE PROJECT GROWTH ASSETS IN A PREMIER MINING ADDRESS GROWTH 21
Slide 22: Summary
SUMMARY • Hera DFS confirms a financially & technically robust project as Stage 1 • >$510 million in revenue in Stage 1 alone • Operating Costs of A$395/oz (after Pb-Zn credits) • Stage 1 development establishes strong foundation for development of Nymagee in Stage 2 • Feasibility Study evaluating i
Slide 23: Thank You
THANK YOU YTC Resources Limited ASX:YTC Chief Executive Officer 2 Corporation Place ORANGE NSW 2800 T: +61 2 6361 4700 E: office@ytcresources.com www.ytcresources.com 23 copper coated drill bit - Nymagee
Slide 24: Appendix 1: Gold Equivalent Calculations – Hera DFS & Reserve
APPENDIX 1 GOLD EQUIVALENT CALCULATIONS – HERA DFS & HERA RESERVE This report makes references to the Hera Ore Reserve, DFS outputs and metal equivalents. It is the Company's opinion that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered. Au E
Slide 25: Appendix 2: Gold Equivalent Calculations – Hera Resource
APPENDIX 2 GOLD EQUIVALENT CALCULATIONS – HERA RESOURCE This presentation makes a number of references to metal equivalents. These metal equivalent values refer to those included with Hera Resource Estimate released to the ASX on 2nd June 2011 It is the company's opinion that all the elements includ
Slide 26: Competent Persons Statements
COMPETENT PERSONS STATEMENTS Competent Persons Statement – Exploration Results The information in this presentation that relates to Exploration Results is based on information compiled by Rimas Kairaitis, who is a Member of the Australasian Institute of Mining and Metallurgy. Rimas Kairaitis has suf