Focus Minerals Ltd · ASX:FML
Focus Minerals — Shaw Stockbroking Gold Conference 2012
25 slides from Focus Minerals's conference presentation, Oct 10, 2012
Slide 1: Driving Sustainable Profitable Production
FFT:FZA ASX:FML FOCUS MINERALS LIMITED Driving Sustainable Profitable Production For personal use only Focus’ 1.2Mtpa Three Mile Hill processing plant in Coolgardie, WA 1 Campbell Baird, CEO ASX:FML Shaw Stockbroking Gold Conference: 10th October 2012 focusminerals.com.au
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 3: Focus Minerals
Focus Minerals Produced 176,632oz of gold in FY12 (a 143% increase on FY11) at a cash cost of For personal use only $1,222/oz On 20th September 2012, Focus Minerals announced a landmark transaction with Shandong Gold to raise approx. $225M In past 12 months Focus has: - M&A - Completed the acquisiti
Slide 4: Strong Growth in Company Scale and Production
Strong Growth in Company Scale and Production Focus has generated very strong growth over the last 4 years For personal use only 200,000 Coolgardie Laverton 176,632oz 180,000 160,000 140,000 Ounces 120,000 100,000 80,000 89,959oz 72,830oz 62,296oz 60,000 41,401oz 40,000 20,000 4,456oz - FY 2008 FY 2
Slide 5: Shandong Gold Placement - Transaction Summary
Shandong Gold Placement - Transaction Summary Placement to Shandong to raise $225.1 million For personal use only Directors recommend shareholders support the Placement in the Transaction absence of a superior proposal & subject to an independent expert opining that the terms of the Placement ar
Slide 6: Shandong Gold Placement – Use of Funds
Shandong Gold Placement – Use of Funds Enable the progression of operational strategies aimed to increase the For personal use only Production Strategies rate of production across Focus’ operations Accelerate exploration at 1,200km2 landholding in Laverton Laverton Exploration Over 110km strik
Slide 7: Assets Overview
Assets Overview Focus owns two processing hubs positioned in Australia’s two largest gold producing regions: For personal use only Laverton Operations Wallaby / Granny Smith • Large scale open pit mining. 2 Main Sunrise Dam mining centres • Currently processing at 3.5Mtpa Barrick Granny Smith • 1.45
Slide 8: Coolgardie -> Stable, Sustainable Production
Coolgardie -> Stable, Sustainable Production For personal use only Stable production centre: 22-25,000oz per Quarter Location Coolgardie, WA (35km west of Kalgoorlie) Mines Tindals Open Pits; Tindals Underground; The Mix of Open Pit & Underground. Produced 89,959oz Mount Underground; Greenfields Ope
Slide 9: A Focus of Coolgardie Development: Dreadnought
A Focus of Coolgardie Development: Dreadnought Continued expansion of Dreadnought open pit in Coolgardie: For personal use only Example of visible gold seen in pit floor Commenced as Trial pit. Has produced 8,000oz to date Mining has enabled business to start to unlock complex geology Discovered add
Slide 10: A Focus of Coolgardie Development: Greenfields
A Focus of Coolgardie Development: Greenfields Development of Greenfields as base load for Three Mile Hill for next 2 years: For personal use only Transition of Coolgardie base load from Tindals Underground to Greenfields open cut Low Risk Deposit; Ore Reserve of 1.0Mt @ 1.7g/t. Adjacent to Three Mi
Slide 11: Laverton -> Turning Operation Around Since Takeover
Laverton -> Turning Operation Around Since Takeover For personal use only Stable mining: 22-25,000oz per Quarter Location Laverton, WA (250km North of Kalgoorlie) Large Scale multiple open pit operations Mines Large scale open pit operation with multiple active open pits across two key project areas
Slide 12: A Focus of Laverton Development: Burtville
A Focus of Laverton Development: Burtville Development of Burtville mining centre to create 3rd major project area in Laverton: For personal use only Historical low-strip ratio pit 2012 Mineral Resource of 5.7Mt @ 1.3g/t for 235,000oz 2011 Drilling, 50 RC Holes 2012 Drilling, 142 RC Holes Developmen
Slide 13: Exploration Focus: Laverton – Sparsely Drilled
Exploration Focus: Laverton – Sparsely Drilled Laverton has been Sparsely Drilled For personal use only Mineral Resource of 26.5Mt @ 2.4g/t for 2.0Moz 1,200 sq km of tenements 6 major regional gold producing structures running through projects – 110km of strike Historical drilling has been shallow w
Slide 14: Exploration Focus: Coolgardie Record of Resource Growth
Exploration Focus: Coolgardie Record of Resource Growth For personal use only Mineral Resource of 26.6Mt @ 2.6g/t for 2.2Moz Added Resources of 850,000oz in last 4 years whilst mining +200,000oz Majority of exploration been focused on just 2% of ground Tindals underground has delivered 5,000oz per v
Slide 15: Discovery: Treasure Island Gold Project
Discovery: Treasure Island Gold Project For personal use only World class green fields exploration On the Boulder-Lefroy fault, the largest gold producing system in Australia 226km2 of tenements Treasure Island exhibiting early similarities to 15Moz St. Ives to the north 15
Slide 16: Strategic Growth Plan
STRATEGIC GROWTH PLAN For personal use only 16
Slide 17: Looking Forward > Strategic Growth Plan
Looking Forward > Strategic Growth Plan For personal use only Tindals New strategic growth plan Open Pits Apollo Based purely on exploiting the PRODUCING The Tindals Underground existing 4.3Moz Mineral Mount Jasper Hills (Fish/Lord Byron) Resource base across Coolgardie and Laverton COMMISSIONING Bu
Slide 18: Targeting New Resource Development Areas
Targeting New Resource Development Areas Major target ranking exercise undertaken by Laverton and Coolgardie Exploration teams to For personal use only identify future mining targets Program designed to prioritise targets that do not yet have an Inferred Mineral Resource. Group has identified over 4
Slide 19: Coolgardie: Bayleys North
Coolgardie: Bayleys North For personal use only Review of recent drilling indicates a possible parallel structure to the Prices lode previously mined. Strike length of 600m Only tested to 40-50m vertically. Untested at depth Prices immediately to the northeast mined to a depth of 520m (-120RL) Bayle
Slide 20: Coolgardie: Jolly Britons
Coolgardie: Jolly Britons For personal use only Strong results at a major structural intersection point: Area near hinge zone of the Three Mile Hill Dolerite sill and a significant mineralised fault structure extending from two major pits along a 6km strike to the south Located in well endowed Three
Slide 21: Coolgardie: Boundary & Melanie Anne
Coolgardie: Boundary & Melanie Anne Highly prospective targets in know For personal use only mineralised zone: Mineralisation is associated with significant mineralised dolerite Recent results include: - 14m @ 3.0g/t (Melanie Anne) - 20m @ 3.7g/t (Boundary) High grade prospect open at depth & along
Slide 22: The Mount
The Mount Two high priority targets to the north west and south east of the current mining area: For personal use only District has numerous stratigraphically controlled nickel sulphide deposits (orange triangles) and structurally controlled gold deposits (yellow triangles). The existence of a small
Slide 23: Laverton Exploration Target Summary
Laverton Exploration Target Summary 6 major regional gold producing structures running For personal use only through projects – 110km of strike Historical drilling has been shallow with large gaps in known resources Tenements surround 3 world class deposits: Wallaby, Sunrise Dam & Granny Smith ~20Mo
Slide 24: Investment Summary
Investment Summary Strong Growth FML has driven very strong production growth over the last 4 years For personal use only Laverton Gives Acquisition of Crescent unlocked great potential for the business and Scale doubled production New leadership and technical team delivering operational succe
Slide 25: Appendices: Mineral Resource & Ore Reserve
APPENDICES: MINERAL RESOURCE & ORE RESERVE Measured Resources Indicated Resources Inferred Resources Total Resources For personal use only Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces Ounces Ounces Ounces '000t Au g/t '000t Au g/t '000t Au g/t '000t Au g/t COOLGARDIE GOLD PROJECT Tinda
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