Greatland Resources Limited · ASX:GGP
Greatland Resources — Investor Presentation (December 2024)
27 slides from Greatland Resources's investor presentation, Dec 9, 2024
Slide 1: A New Australian Gold-Copper Producer
A New Australian Gold-Copper Producer Consolidation of 100% of Havieron and Telfer Corporate Presentation 9 December 2024
Slide 2: Disclaimer
Disclaimer The summary information contained in this document has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Greatland Gold plc (Greatland or Company). This document and the info
Slide 3: Greatland has completed the transformational acquisition of Telfer and Havieron
Greatland has completed the transformational acquisition of Telfer and Havieron Havieron is a world-class, high-grade gold- Telfer is an established large-scale operating copper development project discovered by gold-copper mine with one of the largest gold- Greatland in 2018 copper processing facil
Slide 4: Favourable acquisition structure successfully executed
Favourable acquisition structure successfully executed Bilaterally negotiated transaction with Newmont becoming a significant investor in Greatland Acquisition financing structure Key recent and upcoming milestones Cash US$167.0m 1 Acquisition signed and announced 10 September 24 1 consideration Est
Slide 5: Executive team Board of directors
Executive team Board of directors Shaun Day Mark Barnaba Managing Director Non-Executive Chairman Mining and infrastructure focused finance executive Deputy Chairman of Fortescue Metals Group Previously CFO of Northern Star Resources, Sakari Resources and Straits Resources Previously Board M
Slide 6: The right team for value creation at Telfer and Havieron
The right team for value creation at Telfer and Havieron Experienced technical team… …with track record of creating value for shareholders… Greatland Years of Employee Prior role Position experience Shaun Day 2014 – 2021 1,188% Managing CFO Shaun Day 25+ Director Northern Star Simon Tyrrell 2016 – 2
Slide 7: Telfer – established mine & infrastructure
Telfer – established mine & infrastructure
Slide 8: Telfer has the third highest gold or gold-copper processing capacity in Australia
Telfer has the third highest gold or gold-copper processing capacity in Australia … Australian Gold or Gold-Copper Plant Processing Capacity Plant throughput (Mtpa) 45 Modular plant provides optionality: 40.0 Telfer is the only operating processing plant in the Paterson region 40 Telfer has two
Slide 9: With significant stockpiles and a defined mine plan to produce +425koz AuEq
With significant stockpiles and a defined mine plan to produce +425koz AuEq … Mining Region Schematic Telfer (current 15-month mine plan) Stockpiles at completion were Mining inventory 12.3Mt higher than assumed, 11.5Mt 1 9.6Mt run-of-mine stockpiles 1 ROM Stockpiles 9.6Mt1 21.9Mt Main Dome Processi
Slide 10: And substantial extension targets identified
And substantial extension targets identified … Greatland will investigate ore extension opportunities to extend the current Telfer mine plan and/or supplement Havieron ore Main Dome Open Pit Extension Description Opportunity 4 Main Dome Open Pit 1 West Dome Open Pit • Deepening of the approved Stage
Slide 11: Within a rich, prospective and underexplored district
Within a rich, prospective and underexplored district … Post-Acquisition enlarged Greatland has interests in 2,300km² of tenure in the highly prospective Paterson Province within 60km of Telfer Enlarged Greatland interests in Legend Area (km2) Greatland 100% the Paterson Region (100% basis) (within
Slide 12: Enabling a regional 'hub and spoke' strategy in the Paterson
Enabling a regional ‘hub and spoke’ strategy in the Paterson Telfer production (22Mt, 15-month mine plan) Telfer (2 x 10Mtpa processing plant) Telfer includes a number of open pit and underground brownfield Telfer ext. opportunities extension opportunities to be investigated to either extend Telfer
Slide 13: Havieron – a world class asset
Havieron – a world class asset
Slide 14: Havieron is the second largest undeveloped gold project in Australia
Havieron is the second largest undeveloped gold project in Australia Australian Gold Projects – Current Mineral Resource 1 Contained Oz 2 Resource Grade (Moz Au) (g/t AuEq) 12.0 11.2 9.0 Havieron Contained Oz (Moz) Contained Oz (Moz) Contained Oz (Moz AuEq) Grade (g/t Au) 8.0 10.0 7.9 7.0 8.0 6.0 8.
Slide 15: With an exceptional vertical ounce profile
With an exceptional vertical ounce profile…. Ounces per vertical metre(1) (OPVM) has continued to increase with drilling Ounces are contained over a compact 650 metre strike, providing for efficient and cost-effective development of in- mine infrastructure ‒ Top 300m: averaging > 9,150 OPVM ‒ Top
Slide 16: Havieron would become one of the ASX's top Australian gold mines
Havieron would become one of the ASX’s top Australian gold mines ... ASX listed Australian gold mines – Annual attributable production (koz AuEq) & Milled Head Grade (g/t) 1 Annual recovered AuEq Milled Head Grade production (koz) Upside potential through: (g/t AuEq) 500 koz Havieron mining throug
Slide 17: With lowest quartile cost positioning
With lowest quartile cost positioning … ASX listed Australian gold mines – All-in-sustaining-cost (US$/oz) 1 $4,000/oz Global gold mines AISC (US$/oz) 2 Q1: Q2: Q3: AISC (US$/oz) 3 $3,000/oz US$944/oz US$1,191/oz US$1,412/oz $2,000/oz $2,000/oz $1,000/oz - 1,639 1,675 - 1,607 25% 50% 75% 100% 1,591
Slide 18: Havieron development and mine plan, significant development already complete
Havieron development and mine plan, significant development already complete Ore Body and Mine Development Schematic Havieron Mining throughput 2.8Mtpa Mining / processing inventory 51Mt Avg Grade Processed (g/t Au / Cu %) 2.74g/t Au / 0.32% Cu Surface Mining / Process Start Date H2 2026 / H2 2027 M
Slide 19: Go forward plan
Go forward plan
Slide 20: Post-completion pathway
Post-completion pathway Post-completion, Greatland has a clear pathway with significant potential value catalysts, both operational and corporate 2024 2025 2026 2027 Acquisition ASX cross-listing Completed Jun Q 1 4 Dec 2024 Telfer high confidence 15-month mine plan 3 to produce 426koz AuEq (374koz
Slide 21: Funding and Hedging Facilities
Funding and Hedging Facilities Debt finance support and hedging in place with Tier 1 banking syndicate ANZ, HSBC and ING Bank 1 2 3 Telfer Debt Facilities Gold Puts Hedging Havieron Debt Facilities A$100m Syndicated Facility Agreement with ANZ, In connection with the Telfer Debt Facilities, Non-bind
Slide 22: Creating a new ASX-listed Australian gold-copper producer
Creating a new ASX-listed Australian gold-copper producer Highly accretive Acquisition for shareholders underpinned by compelling strategic rationale WA 79 Au 29 Cu Gold Copper Havieron Quality Havieron Control Telfer Production Telfer Premium Commodity of Destiny and Upside Infrastructure Jurisdict
Slide 23: Appendices
Appendices
Slide 24: Telfer + Havieron – Renewing a major mining complex
Telfer + Havieron – Renewing a major mining complex Telfer mine Au Cu Operating 15 months Havieron project Au Cu Development 20 years Mine plan 1 Funding Mine plan 4 Funding 15-month mine plan to produce: Signed Syndicated Facility 51 Mt @ 2.74gt/t Au & 0.32% Cu for 3.2g/t AuEq 7-year A$750m
Slide 25: Greatland's broader exploration opportunities (beyond Paterson Province)
Greatland’s broader explorational opportunities (beyond Paterson Province) Active exploration campaign beyond the Paterson Province with untested prospective greenstone belt at Ernest Giles, Panorama and Mt Egerton Land Size Project Area Mineral Deposit Description (km2)(1) • Located approximately 2
Slide 26: Mineral Resource & Ore Reserve statement
Mineral Resource & Ore Reserve statement Table 1: Greatland Havieron December 2023 Mineral Resource estimate(1), (2), (5), (6) Table 2: Greatland Havieron March 2022 Ore Reserve estimate(2), (3), (4) Tonnage Grade Metal content AuEq Metal(5) Tonnage Grade Metal content AuEq Metal(3) Domain Classific
Slide 27: For further information
For further information info@greatlandgold.com https://greatlandgold.com
Greatland Resources — Investor Presentation (December 2024) on 6ix