Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — 121 Mining APAC (November 2021)
23 slides from Emerald Resources Nl's conference presentation, Nov 2, 2021
Slide 1: Emerald Resources NL 121 APAC November 2021
ASX:EMR Emerald Resources NL 121 APAC November 2021
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statement This presentation contains certain forward looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections about the industry in which Emerald Resourc
Slide 3: Why Invest in Emerald?
Why Invest in Emerald? - Great Project - Strong Economics - The Right Team ❑ Okvau Project fully Ramped Up- +100,000 ounce per annum US$754 AISC:- ❑ On Time on Budget - US$97.6M (budget US$98.0M); ❑ Throughput rate +10% compared to DFS; ❑ Strongly positive reconciliation reserve reconciliation- +21%
Slide 4: Emerald at a Glance
Emerald at a Glance Capital Structure Shareholder Structure ASX Code EMR Share Price $0.96¹ Institutional Retail & High Net Worth Investors Investors Shares on Issue (current) 515M 48% 30% Options on Issue 15.0M² Market Cap (undiluted) A$495M 1 Share Price as at 27th October 2021. 2 Options comprise
Slide 5: Okvau | Operation fully ramped up - Mill
Okvau | Operation fully ramped up - Mill ❑ Footings For Sub-station towers. • Mill ❑ 2.2 running consistently at 110% of DFS Forecast- Sub-station mtpa (DFS towers complete, earthworks 2.0mtpa); for sub-station commenced. • Mill has run at +130% of DFS Forecast - 2.6 mtpa; • Mill using less power th
Slide 6: Okvau | Operation fully ramped up - Mining
Okvau | Operation fully ramped up - Mining • Mining Operations fully ramped up and achieving 5.8:1 strip ratio requirements; • MACA Mining (Contractor) performing well with world class equipment; • Significant efforts made to successfully train local workforce to operate all machinery; • Diversity p
Slide 7: Okvau | Operation fully ramped up – Gold production
Okvau | Operation fully ramped up –Gold production • First Gold pour June 23rd 2021; • August and September 2021 ramp up to full sulphide ore operation; • 23,011 ounces of gold produced to end of September 2021 qtr; • AISC US$723 per ounce August/September 2021; • DFS cost per ounce US$754; • Cost❑g
Slide 8: Hands On Development Key to On Time, Under Budget
Okvau | People Count Hands On Development Key to On Time, Under Budget ❑ Footings For Sub-station towers. ❑ Sub-station towers complete, earthworks for sub-station commenced. COO, Executive Director Mick Evans, Mill operational management team on site for end of construction and General Manager Oper
Slide 9: Okvau Gold Project, Final Construction Expenditure
Okvau Gold Project, Final Construction Expenditure ASX: EMR | www.emeraldresources.com.au 9
Slide 10: Okvau- Resource- Reserve Expansion
Okvau- Resource- Reserve Expansion ASX: EMR | www.emeraldresources.com.au 10
Slide 11: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension ❑ 17m @ 5.7g/t from 399m (DD11OKV091); ❑ 10m @ 9.6g/t from 411m (DD12OKV108); ❑ 3m @ 14.2g/t from 432m (DD11OKV091); ❑ 6m @ 9.7g/t from 520m (DD16OKV372). Long-section RCDD20OKV424 6m @ 11.40g/t Au fr 258m ⁴ DD11OKV091 3m @ 14.2g/t Au fr 432m ³
Slide 12: Okvau Resource Growth
Okvau Resource Growth N-S trending Okvau feeder zone:- Below Reserve Pit Intersections In Reserve Pit Feeder Zone Intersections ❑ 15m @ 11.92g/t from 143m (RC19OKV390)²,³; ❑ 16.9m @ 10.87g/t from 78m (DD16MET003)¹; ❑ 9m @ 9.27g/t from 37m (RC13OKV135)¹; ❑ 8m @ 19.98g/t from 172m (RC19OKV397)²,³; ❑ 9
Slide 13: Okvau Resource Growth
Okvau Resource Growth Refer to the Company’s ASX releases dated 1 May 2017 and Renaissance Minerals Limited ASX release dated 19 September 2012. 1 Reference is made to the Company’s ASX release dated 4 April 2019. 2 Reference is made to the Company’s ASX release dated 2 July 2019. 3 Reference is mad
Slide 14: Regional Exploration-Significant Upside
Regional Exploration-Significant Upside ASX: EMR | www.emeraldresources.com.au 14
Slide 15: Regional Exploration Potential
Regional Exploration Potential ❑ Dominant land position of 1,239km² covering a north-west trending zone of granitoid intrusions; ❑ Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium). Phnom Ktung Licence Ochhung Ochhung Lice
Slide 16: New Licence Grants | Memot - 100% EMR
New Licence Grants | Memot - 100% EMR 27.7 g/t Au 23.6 g/t Au 72.8 g/t Au –5.93%Cu-264 g/t Ag 83.2 g/t Au-6.91%Cu-337 g/t Ag 74.5 g/t Au –3.06%Cu-193 g/t Ag 9.91 g/t Au-11.8%Cu-354 g/t Ag 12.8 g/t Au-5.28%Cu-152 g/t Ag 13.4 g/t Au 29.9 g/t Au 1.09 g/t Au 13.65 g/t Au – 226 g/t Ag, 1.45% Pb, 1.43% Zn
Slide 17: New Licence Grants | Memot - Historical Workings
New Licence Grants | Memot - Historical Workings Local Illegal Miners Currently Occupy Part of the Site Historical Miners Exploited High Grade Underground ASX: EMR | www.emeraldresources.com.au 17
Slide 18: Memot Illegal Mining Action
Memot Illegal Mining Action • Full environmental approval to commence exploration now in hand; • Drilling to commence within weeks; • Illegal miners carrying on from evicted Korean mining group; • Sulphide ore mined and treated on site; • State and Local Government supportive of transition to regula
Slide 19: Oktung & Preak Klong
Oktung & Preak Klong New, Oktung Geochemical anomaly (3kmx 2km) ❑ Preak Klong and Oktung Projects cover 392km² and are located 15km to the south of Okvau; ❑ Two high priority targets provide potential for early exploration success; ❑ Significant drilling results to date at Preak Klong Prospect; ▪ 4m
Slide 20: Environmental, Social, and Governance
Environmental, Social, and Governance ASX: EMR | www.emeraldresources.com.au 20
Slide 21: Environmental & Social Values
Environmental & Social Values The Okvau project is to have a (net) positive impact on near-mine environmental and social values via:- ❑ Targeting strict compliance with corporate governance, international guidelines (IFC) & local laws; ❑ Payment of significant Environmental, Social, Endowment & “Env
Slide 22: Summary
Summary ❑ Project Development completed On Time and On Budget; ❑ Project fully ramped up to +110,000 ounce per annum rate; ❑ Experienced, well credentialed Board and senior management, developed and operating Okvau gold project ready to move onto other gold projects; ❑ Okvau single pit, 2.0g/t, 907,
Slide 23: Thank You
Thank You ASX: EMR | www.emeraldresources.com.au 23
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