Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Diggers and Dealers Conference 2022
26 slides from Emerald Resources Nl's conference presentation, August 2022
Slide 1: Emerald Resources NL
Emerald Resources NL August 2022 Diggers and Dealers Conference ASX:EMR Investor Presentation
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? - The Right Team - Delivering On Promises -Low Cost Diversified Gold Producer - Strong Growth Profile Recent successes:- Okvau Project fully ramped up – achieved 100,951 ounces produced since first pour; AISC of US$754 for 88,171 ounces of production since commencement o
Slide 4: Emerald at a Glance
Emerald at a Glance Capital Structure Shareholder Structure ASX Code EMR Institutional Retail & High Net Investors Share Price $0.99¹ Worth Investors 46% 34% Market Cap (undiluted) A$590M 1 Share Price as at 28 July 2022.. There are also 15.2M unlisted options on issue with exercise prices ranging f
Slide 5: Okvau | Operations – Gold production
Okvau | Operations – Gold production First gold pour June 2021; August and September 2021 ramp up to full sulphide ore operation; 88,171 ounces of gold produced from August to June 2022 @ US$754 per oz; AISC US$794 per ounce June 2022 Quarter for 26,654 ounces; Cost guidance of US$740-$810
Slide 6: Okvau | Construction – On Time and On Budget
Okvau | Construction – “On Time and On Budget” Okvau Gold Mine completed and commissioned “on time on budget”; Fifth time in as many mine builds that this construction team has achieved this milestone; Final capital and pre-production costs under budget with actual of US$97.6m compared to budg
Slide 7: Exploration-Significant Upside Cambodia
Exploration-Significant Upside Cambodia ASX: EMR | www.emeraldresources.com.au 7
Slide 8: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension Northern Near Surface Extension5 17m @ 5.7g/t from 399m (DD11OKV091); 3m @ 36.19g/t from 13m (140_675_015); 10m @ 9.6g/t from 411m (DD12OKV108); 4m @ 9.05g/t from 1m (145_665_106); 3m @ 14.2g/t from 432m (DD11OKV091); 7m @ 4.18g/t fr
Slide 9: Okvau Resource Growth
Okvau Resource Growth Reference is made to the Company’s ASX release dated 28 July 2022. Reference is made to the Company’s ASX Quarterly release dated 31 July 2019. ASX: EMR | www.emeraldresources.com.au 9
Slide 10: 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 11: Memot Gold Project - 100% EMR
Memot Gold Project - 100% EMR Refer to the Company’s ASX Announcements dated 30 April 2021. ASX: EMR | www.emeraldresources.com.au 11
Slide 12: Memot Gold Project - Historical Workings & Recent Geochemistry
Memot Gold Project - Historical Workings & Recent Geochemistry Historical miners exploited high grade underground +3km multi-element geochemical anomaly at a 30ppb gold contour with peak results of 2320, 1790,1420,1000, 958, 660, 558ppb Au Refer to the Company’s ASX Announcement dated 29 July 2022 .
Slide 13: Memot Gold Project – Ongoing Maiden Drilling Program
Memot Gold Project – Ongoing Maiden Drilling Program Refer to the Company’s ASX Announcements dated 29 July 2022, 30 January 2022, 29 April 2022. ASX: EMR | www.emeraldresources.com.au 13
Slide 14: Memot Gold Project – Ongoing Maiden Drilling Program
Memot Gold Project – Ongoing Maiden Drilling Program Drilling results on the Memot Gold Project include the following:- Historical Results Recent EMR results 0.3m @ 145.00g/t from 14.2m (ML3); 1m @ 37.20g/t from 33m (DD21MMT005); 3.54m @ 10.30g/t from 0m (ZK8-1); 1m @ 31.70g/t from 49m (DD21
Slide 15: Environmental, Social and Governance
Environmental, Social and Governance ASX: EMR | www.emeraldresources.com.au 15
Slide 16: Environmental & Social Values
Environmental & Social Values Emerald is aiming to set the benchmark for an environmentally & socially responsible, sustainable and transparent mining industry in Cambodia. Development of a climate strategy, including carbon neutrality targets and pathways, and investigation of carbon offset program
Slide 17: Bullseye Mining Limited (EMR 59.32%)
Bullseye Mining Limited (EMR 59.32%) ASX: EMR | www.emeraldresources.com.au 17
Slide 18: Bullseye Takeover Summary
Bullseye Takeover Summary Emerald lodged a Bidders Statement for Bullseye Mining Limited (Bullseye), an Australian unlisted public company, on 8 December 2021 and closed the offer on 17 June 2022 with a direct equity interest of ~ 60%. Key terms of the Offer were:- Bullseye shareholders received 1
Slide 19: Bullseye Projects and Location
Bullseye Projects and Location Bullseye hold three Western Australian gold projects totaling in excess of 1,200km2 of highly prospective gold tenure; Their most advanced project is the North Laverton Gold Project: located in Western Australia, within one of the worlds richest and most establis
Slide 20: North Laverton – Boundary-Bungarra Prospect
North Laverton – Boundary-Bungarra Prospect The North Laverton Gold Projects most advanced prospect is the Boundary-Bungarra Prospect:- Four granted mining licences covering 36km2 over the Boundary-Bungarra Prospect; JORC compliant resource calculated in 2015 based on limited shallow (average to
Slide 21: North Laverton – Boundary-Bungarra Prospect
North Laverton – Boundary-Bungarra Prospect 98,000m resource definition drilling programme underway; Following up existing significate results across ~114,000m of existing drilling completed to an average depth of ~120m. Significant intersections over the Boundary-Bungarra Prospect to date inclu
Slide 22: North Laverton – Boundary-Bungarra Long Sections
North Laverton – Boundary-Bungarra Long Sections Long Section of the Boundary, Neptune and Stirling Prospects Refer to the Company’s ASX Announcement dated 15 July 2022. ASX: EMR | www.emeraldresources.com.au 22
Slide 23: North Laverton – Boundary-Bungarra Long Sections
North Laverton – Boundary-Bungarra Long Sections Long Section of the Hurleys and Bungarra Prospects Refer to the Company’s ASX Announcement dated 15 July 2022. ASX: EMR | www.emeraldresources.com.au 23
Slide 24: Bullseye – Other Matters
Bullseye – Other Matters Blue Cap Joint Venture ceased operations on 30 June 2022 and is currently being dissolved. Bullseye established a Joint Venture with a mining production partner, Blue Cap Mining (“Blue Cap”): 70% Bullseye / 30% Blue Cap profit split; Processing of the ore via a toll proc
Slide 25: Key Takeaways
Key Takeaways Okvau Project Development completed On Time and On Budget; Project fully ramped up to 105,000-110,000 ounce per annum rate; Mining and processing showing strongly positive ore reconciliation; Resource open with excellent potential to expand and convert additional reserves; Em
Slide 26: Thank You
Thank You ASX: EMR | www.emeraldresources.com.au 26
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