Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Investor Presentation (June 2019)
23 slides from Ramelius Resources's investor presentation, Jun 17, 2019
Slide 1: New 1 Million Oz Mine Plan Investor Presentation
Ramelius Resources Limited For personal use only Mark Zeptner Tim Manners Managing Director CFO ASX:RMS New 1 Million Oz Mine Plan Investor Presentation MINE PLAN UPDATE – June • JUNE 2019 2019 1
Slide 2: Forward Looking Statements and Competent Persons Statement
QUALIFICATION For personal use only Forward Looking Statements This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd’s (Ramelius) financial condition, results of operations, production targets and other matters that are subject to various risks and unce
Slide 3: Corporate Summary – Added to the ASX300 in March 2019
CORPORATE SUMMARY – ADDED TO THE ASX300 IN MARCH 2019 Corporate Structure: at 12 June 2019 Share Price Performance Shares on Issue 658M(1.5M Unlisted Options,10M rights) $1.00 40,000,000 For personal use only $0.90 35,000,000 Market Cap A$572M @ A$0.87 per share $0.80 30,000,000 Cash & Gold A$104.7M
Slide 4: 5-Year Mine Plan
5-YEAR MINE PLAN* ✓ For personal use only Landmark 5 year life of mine plan ▪ Key production centres continue to deliver mine life extensions ▪ Anticipate keeping life at, or greater than 5 years via exploration and acquisition ✓ Production in excess of 1,000,000oz over 5 years ▪ Clarity over costs
Slide 5: 5-Year Mine Plan: AISC, Capex and Production
5-YEAR MINE PLAN ✓ Plan outlines high margin production of over 1,000,000ozs For personal use only ✓ Resource and Reserve growth, underpinning rolling 5-year plan ✓ Tampia strategic review confirms ore haulage to Edna May mill ✓ Marda development commencing FY20, Tampia to follow in FY21 ✓ Explorati
Slide 6: 5-Year Mine Plan - Mt Magnet Production Centre
5-YEAR MINE PLAN - MT MAGNET PRODUCTION CENTRE ▪ Mt Magnet keeps delivering with effective exploration For personal use only strategy delivering Reserve replacement ▪ Cosmos Mine Area – new Discoveries ▪ Milky Way, Stellar and Vegas open pits underway ▪ Eridanus open pit development commenced ▪ Shan
Slide 7: 5-Year Mine Plan – Mt Magnet Production Centre
5-YEAR MINE PLAN – MT MAGNET PRODUCTION CENTRE ✓ For personal use only Mt Magnet to produce 500koz+ ▪ Base load, large tonnage production contribution from Milky Way, Eridanus and Morning Star open pits ▪ High grade feed supplied by underground mines Vivien, Hill 60 and Shannon ✓ Mt Magnet plant to
Slide 8: 5-Year Mine Plan - Edna May Production Centre
5-YEAR MINE PLAN - EDNA MAY PRODUCTION CENTRE ▪ Edna May production hub set to deliver higher margins For personal use only ▪ Edna May Operations ▪ Underground development commenced – stoping to commence FY20 ▪ Greenfinch approvals process re-commenced ▪ Marda Project ▪ Marda Dam development underwa
Slide 9: 5-Year Plan – Edna May Production Centre
5-YEAR PLAN – EDNA MAY PRODUCTION CENTRE ✓ For personal use only Edna May to produce 550koz+ ▪ Ore from satellite sources Marda, Tampia and Symes’ Find to supplement Edna May UG, Greenfinch and Low Grade Stockpiles ✓ Edna May plant to run at 2.0 Mtpa ▪ Production rate reduced from nameplate capacity
Slide 10: Tampia Strategic Review
For personal use only TAMPIA STRATEGIC REVIEW MINE PLAN UPDATE • JUNE 2019 10
Slide 11: Tampia Strategic Review
TAMPIA STRATEGIC REVIEW ✓ For personal use only Strategic review confirms haulage model ▪ Ensures long-term utilisation of Edna May mill, while also enhancing future optionality over additional potential satellite ore bodies ✓ Haulage model delivers superior NPV & IRR ▪ Slight increase in operating
Slide 12: Tampia – Outcomes of Strategic Review
TAMPIA – OUTCOMES OF STRATEGIC REVIEW ▪ Strategic Review investigated the merits of: Parameters Milling Option Haulage Option For personal use only a) On-site processing facility at Tampia Hill; or Upfront Capital Cost (A$M) 118.5 50 b) Mine-only with ore haulage to Edna May located ~140km to the no
Slide 13: Tampia – Outcomes of Strategic Review
TAMPIA – OUTCOMES OF STRATEGIC REVIEW ▪ Resource estimation parameters For personal use only ▪ Minimum orebody width of 2-3m (EXU – 1m) ▪ Application of top-cuts ranging from 20-150g/t (EXU – none) ▪ Resource cut-off grade of 0.6g/t Au (EXU – 0.3g/t Au oxide, 0.45g/t Au fresh) ▪ Mining optimisation
Slide 14: Marda Development Update
For personal use only MARDA DEVELOPMENT UPDATE MINE PLAN UPDATE • JUNE 2019 14
Slide 15: Marda – Development Underway, Production Imminent
MARDA – DEVELOPMENT UNDERWAY, PRODUCTION IMMINENT ✓ Key haulage approvals received from the Shire For personal use only of Yilgarn ▪ Road upgrade and water bore drilling works underway in June ▪ Mining works to commence in August, with haulage to Edna May following shortly after in September ✓ Initi
Slide 16: Exploration Potential
For personal use only EXPLORATION POTENTIAL MINE PLAN UPDATE • JUNE 2019 16
Slide 17: Exploration - Mt Magnet Production Centre Continues to Deliver
EXPLORATION - MT MAGNET PRODUCTION CENTRE CONTINUES TO DELIVER ✓ Eridanus development demonstrates Mt For personal use only Magnet ability to continue to deliver ▪ Ore Reserve of 2.1Mt at 1.2 g/t Au for 85,000oz ▪ Mineralisation may continue at depth and extend mine life – drilling underway ✓ Potent
Slide 18: Exploration - Potential of Edna May Regional Area Confirmed
EXPLORATION - POTENTIAL OF EDNA MAY REGIONAL AREA CONFIRMED ✓ Symes’ Find initial Resource* estimate For personal use only ▪ Resource of 0.54Mt @ 1.9g/t Au for 34,000oz Au ▪ First significant discovery (outside of Edna May) in the greenstone belt ▪ Discovery highlights potential for further extensio
Slide 19: Key Focus Areas – Moving Forward into 2020
KEY FOCUS AREAS – MOVING FORWARD INTO 2020 For personal use only Mine Life – building reserves • A$20M exploration - Magnet and Edna May - deliver ’rolling 5 year’ plan • Continue to identify and assess opportunities around production centres Operational Excellence • Continue to focus on meeting gui
Slide 20: Mid-Tier Gold Producer with Excellent Margins
MID-TIER GOLD PRODUCER WITH EXCELLENT MARGINS 1,200 For personal use only Operating Margin (A$1,800 – Q3 FY19 AISC) 1,000 SAR RRL 800 SBM 600 RMS WGX SLR 400 DCN MOY 200 RED BLK - 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 FY19 Production Guidance *Bubble size correlates to Enter
Slide 21: Mineral Resource Statement
MINERAL RESOURCE STATEMENT For detailed information relating to Mineral Resources see ASX Release (RMS) 18 Sept 2018, ‘Resources and Reserves Statement 2018’. For personal use only The Company confirms that it is not aware of any new information or data that materially affects the information includ
Slide 22: Ore Reserve Statement
ORE RESERVE STATEMENT For detailed information relating to Ore For personal use only Reserves see ASX Release (RMS) 18 Sept 2018, ‘Resources and Reserves Statement 2018’. The Company confirms that it is not aware of any new information or data that materially affects the information included in this
Slide 23: Appendix: Peer Data Sources
APPENDIX: PEER DATA SOURCES Peer Production & Guidance Chart – Peer data sourced from the following announcements For personal use only Company Release Date Announcement Comment St Barbara 31/05/2019 Revised FY19 Production Guidance Gwalia & Simberi revised FY19 guidance Saracen Mineral Holdings 30/
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