Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Investor Presentation (October 2020)
28 slides from Ora Banda Mining's investor presentation, Oct 21, 2020
Slide 1: Advancing Towards Production at Davyhurst
For personal use only ADVANCING TOWARDS PRODUCTION AT DAVYHURST Investor Presentation – October 2020 1
Slide 2: Important Notice
IMPORTANT NOTICE No reliance: This presentation is a document that has been prepared by Ora Banda Mining Limited (“Company”, “OBM” or “Ora Banda”) for the purpose of providing a company and technical overview to interested investors. None of the Company, nor any of its related bodies corporate, thei
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS • Positioned to be Australia’s next gold producer For personal use only • Definitive Feasibility Study (DFS) 1 confirms Davyhurst as a financially robust development project – Initial ~5.2 year mine life with first gold pour forecast in Q1 CY 2021 – 81kozpa – average annual gol
Slide 4: Corporate Overview
CORPORATE OVERVIEW For personal use only Ora Banda Mining (ASX:OBM) Board of Directors Share Price (8 September 2020) A$/share $0.35 Peter Mansell • Corporate lawyer with over 40 years’ experience Shares on issue M 838.4 Non-executive Chairman • Currently Non-executive Chairman of Energy Resources o
Slide 5: 1. Key DFS Outcomes
For personal use only 1. KEY DFS OUTCOMES 5 5
Slide 6: Compelling Financial Metrics
COMPELLING FINANCIAL METRICS1 • Strong financial returns for a technically robust re-start Key DFS Outcomes Unit Base Case Spot Case For personal use only Gold price A$/oz 2,100 2,550 • First gold pour targeted for January 2021 Gold produced (LOM) Koz 418 • DFS base case of A$2,100/oz gold price Gol
Slide 7: Near Term +80kozpa Producer
NEAR TERM +80KOZPA PRODUCER1 • 81koz average annual gold production ANNUAL ORE TONNAGE & ORE GRADE MINED BY PIT For personal use only 1400 3 – Production target of 460koz over initial 5.2 year mine life 2.58 2.53 Ore Tonnage (t) 2.44 Ore Grade (g/t Au) Thousands 1200 2.5 • 28 week project delivery e
Slide 8: Pre-Existing Infrastructure Enables Rapid Re-start
PRE-EXISTING INFRASTRUCTURE ENABLES RAPID RE-START • Significant existing infrastructure 1.2Mtpa Davyhurst Processing Plant For personal use only facilitates near term production with low capex: – Refurbished 1.2Mtpa conventional process plant (replacement cost ~$100m) – 172 person accommodation cam
Slide 9: Pre-Production Capital Costs
PRE-PRODUCTION CAPITAL COSTS Low Capital Intensity Return to Production Pre-Production Capital Costs A$M For personal use only • Significant existing infrastructure enables a rapid and Processing plant – direct costs 8.7 low-capex path to production Processing plant – indirect costs 2.6 • Total esti
Slide 10: 2. Mine Development Program
For personal use only 2. MINE DEVELOPMENT PROGRAM 10 10
Slide 11: Six Key Deposits to Underpin Production
SIX KEY DEPOSITS TO UNDERPIN PRODUCTION1 1. Riverina (Open Pit & Underground) – 44km from Davyhurst For personal use only • Resource 3.7 Mt @ 2.7 g/t for 322 koz1 - Open Pit (3.0 Mt @ 1.9 g/t for 183 koz) + Underground (0.7 Mt @ 5.9 g/t for 139 koz) • Ore Reserve 1.4 Mt @ 1.8 g/t for 81 koz2 • Miner
Slide 12: Six Key Deposits to Underpin Production
SIX KEY DEPOSITS TO UNDERPIN PRODUCTION • DFS mine plan based on Ore Reserve of 6.1Mt @ 2.4g/t Au Mined Processed Grade Gold Produced AISC For personal use only DFS mining schedule Ore (kt) Ore (kt) (Au g/t) (koz) (A$/oz) for 460koz Au1 First production to 30 June 2021 530 500 2.2 35 1,615 • Convent
Slide 13: Key Activities on Path to Production
KEY ACTIVITIES ON PATH TO PRODUCTION Key Workstreams Q2 CY20 Q3 CY20 Q4 CY20 Q1 CY21 Q2 CY21 Q3 CY21 Q4 CY21 For personal use only DFS Definitive Feasibility Study Completed Mining Timeline Early Works Completed 1. Riverina Ore to RoM Pad Mining Timeline Early Works 2. Golden Eagle Ore to RoM Pad Mi
Slide 14: Work in Progress
WORK IN PROGRESS For personal use only LNG tank for new power station arriving on site Construction of mine haul roads in progress Upgrading conveyors to screening plant 14
Slide 15: Mining Underway
MINING UNDERWAY For personal use only Earthmoving Fleet at Riverina Open Pit Mining to Start This Week 15
Slide 16: 3. Ongoing Exploration Programs
For personal use only 3. ONGOING EXPLORATION PROGRAMS 16 16
Slide 17: Riverina South - An Advanced Near Mine Prospect
RIVERINA SOUTH - AN ADVANCED NEAR MINE PROSPECT Exploration Riverina South Prospect – Adjoins Riverina Open pit For personal use only • Confirmed extension to Riverina Main Lode mineralisation, remains open along strike to the south and at depth • Maiden resource estimate of 650kt @ 2.1 g/t for 43ko
Slide 18: Exploration Potential – Multiple Regional Prospects
EXPLORATION POTENTIAL – MULTIPLE REGIONAL PROSPECTS Exploration Large landholding covering 1,350km2 and many kms of prospective strike For personal use only Tenement consolidation occurred in 2007, but no coherent exploration effort undertaken as yet High priority targets include well-defined but po
Slide 19: Appendices
19 For personal use only APPENDICES 19
Slide 20: Riverina
1 RIVERINA Mine Development Riverina - Open Pit & Underground Riverina For personal use only Isometric view looking north-west • Resource 3.7 Mt @ 2.7 g/t for 322 koz1 - Open Pit 3.0 Mt @ 1.9 g/t for 183 koz - Underground 0.7 Mt @ 5.9 g/t for 139 koz • Ore Reserve 1.4 Mt @ 1.8 g/t for 81 koz2 • Loca
Slide 21: Golden Eagle
2 GOLDEN EAGLE Mine Development Golden Eagle - Underground For personal use only • Resource 0.4 Mt @ 3.9 g/t for 49 koz1 Golden Eagle Long Section • Ore Reserve 0.1 Mt @ 3.8 g/t for 16 koz2 • Located 2 km from Davyhurst Process Plant • Substantial development complete (mine developed to 150m vertica
Slide 22: Missouri
3 MISSOURI Mine Development Missouri Missouri - Open Pit & Underground For personal use only Isometric view looking north-west • Resource 2.1 Mt @ 3.4 g/t for 227 koz1 • Ore Reserve 1.5 Mt @ 2.6 g/t for 130 koz2 • Located 37 km from Davyhurst Process Plant Missouri Mine Design Showing pit design & m
Slide 23: Sand King
4 SAND KING Mine Development Sand King - Open Pit & Underground For personal use only Sand King Mine Design • Resource 2.5 Mt @ 3.5 g/t for 286 koz1 Showing pit design & mineralisation wireframes • Ore Reserve 1.3 Mt @ 2.6 g/t for 110 koz2 Isometric view looking north-west • Located 37 km from Davyh
Slide 24: Waihi
5 WAIHI Mine Development Waihi - Open Pit & Underground For personal use only • Resource 2.5 Mt @ 2.6 g/t for 206 koz1 - Open Pit 2.1 Mt @ 2.4 g/t for 159 koz - Underground 0.4 Mt @ 3.8 g/t for 47 koz • Ore Reserve 1.5 Mt @ 2.3 g/t for 110 koz2 • Located 3 km from Davyhurst Process Plant • Undergrou
Slide 25: Callion
6 CALLION Mine Development Callion - Open Pit & Underground For personal use only • Resource 0.7 Mt @ 4.9 g/t for 107 koz1 • Ore Reserve 0.2 Mt @ 2.6 g/t for 21 koz2 • Located 14 km from Davyhurst Process Plant • High grade underground potential 1. Refer to Appendix (Slides 26 and 27) - Mineral Reso
Slide 26: Appendix A – Ore Reserve Table
APPENDIX A – ORE RESERVE TABLE For personal use only PROVED PROBABLE TOTAL MATERIAL PROJECT ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) Sand King - - 1,300 2.6 1,300 2.6 110 Missouri - - 1,500 2.6 1,500 2.6 130 Riverina Open Pit - - 1,400 1.8 1,400 1.8 81 Golden Eagle - - 130 3.8 13
Slide 27: Appendix B – Mineral Resource Table
APPENDIX B – MINERAL RESOURCE TABLE MEASURED INDICATED INFERRED TOTAL MATERIAL MEASURED INDICATED INFERRED TOTAL MATERIAL PROJECT PROJECT Cut-Off ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) For personal use only Cut-Off ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t
Slide 28: For personal use only
For personal use only David Quinlivan Managing Director Email: info@orabandamining.com.au Phone: +61 8 6365 4548 28
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