Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Q4 2024 Earnings Presentation
13 slides from Aurelia Metals's earnings presentation, Jul 24, 2024
Slide 1: June 2024 Quarterly Update
ASX Code: AMI JUNE 2024 QUARTERLY UPDATE 24 July 2024
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should not By its very nature, production and exploration for gold and base metals is a high risk business and is be considered as an offer or invitation to subscribe for or purchase
Slide 3: June 2024 Quarter Highlights
JUNE 2024 QUARTER HIGHLIGHTS Strong balance sheet to advance our growth projects FY24 production and cost Continued operational guidance achieved performance improvement Federation on track for Exploration delivers first stope ore Q1 FY25 further exciting results JUNE 2024 QUARTERLY | 24 JULY 2024 |
Slide 4: Group Production and Costs
GROUP PRODUCTION AND COSTS Sep 23 Dec 23 Mar 24 Jun 24 Group output FY24 FY24 Guidance Qtr Qtr Qtr Qtr Gold produced (koz) 16.8 14.9 14.5 19.1 65.3 60.0 – 65.0 • Strong gold production from Peak and Dargues Copper produced (kt) 0.5 0.4 0.3 0.9 2.2 2.0 – 2.3 • Higher copper production • Record high r
Slide 5: Safety and Environment
SAFETY AND ENVIRONMENT Preventing injuries remains a priority Group Total Recordable Injury Frequency Rate (TRIFR) - 12 month moving average 15 10 5 • One recordable injury (MarQ: 2 0 recordable injuries). Jul-23 Aug-23 Sep-23 Nov-23 Dec-23 Feb-24 Oct-23 May-24 Apr-24 Jan-24 Mar-24 Jun-24 • No envir
Slide 6: Peak
PEAK Continued operational performance improvement Development metres 777 730 743 723 352 • Fourth consecutive quarter of mine development above 257 Mar 23 Qtr Jun 23 Qtr Sep 23 Qtr Dec 23 Qtr Mar 24 Qtr Jun 24 Qtr 700m Ore mined (kt) • Ore mined increased for a sixth consecutive quarter 175 148 135
Slide 7: Dargues
DARGUES Maximise cash for remaining mine life • Safety remains a key focus • Ore mined steady at 86kt (MarQ: 89kt) • Continued strong cash generation of A$10.2M (MarQ: A$10.5M) • Final ore expected to be mined in July 2024 and processing completed in August 2024 • Mine closure planning well advanced
Slide 8: Federation
FEDERATION First stope ore targeted for late Q1 FY25 Egress • Mine development of 338m (MarQ: 480m), raise Return air raise impacted by wet weather Fresh • Three surface raises complete; contractor air raise demobilised Substation • 230ML water management dam in progress, 30ML sump dam operational •
Slide 9: Exploration Nymagee District
EXPLORATION NYMAGEE DISTRICT Significant drilling results at Federation • Assay results for Federation West (North Offset) 140m north of the strike of the main orebody highlight the potential to extend the deposit to the West, including: 4.6m @ 33.9% Zn, 20.3% Pb 1.6% Cu, 0.9 g/t Au and 38g/t Ag, •
Slide 10: Exploration Cobar District
EXPLORATION COBAR DISTRICT Significant copper results at Queen Bee and Mt Pleasant • Program targeted copper and gold with over 12kms of drilling across five targets1 • Drilling intersected significant copper mineralisation with the highest modern assay grades encountered at both the Queen Bee (17.1
Slide 11: Balance Sheet
BALANCE SHEET Strong cash balance to fund FY25 growth plans Group cash A$M1 ~36 ~152 • Cash on hand of A$116.5M, total liquidity over A$150M • Operations almost entirely funded growth capital and exploration in FY24 • Peak cash flow benefited from higher sales • Dargues generated consistent cash flo
Slide 12: Key Focus Areas
KEY FOCUS AREAS Safely deliver our operating performance and fill our mills First stope ore at Federation in Q1 FY25 and ramp-up Deliver mining sequence and lower costs at Peak Progressing optimisation of the Cobar Region Attraction of talent to the Cobar Region Safely deliver Dargues final producti
Slide 13: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com Photo: Sunrise at the Federation Project