Slide 1: Mount Morgan Gold Project
MOUNT MORGAN GOLD MOUNT MORGAN GOLD PROJECT PROJECT For personal use only LONG LIFE PROJECT I SHORT TERM PAYBACK I COMMUNITY AND ENVIRONMENT ENHANCEMENT
Slide 2: A Vision of Opportunity: Long Life Project with Community and Environmental Benefit
MOUNT MORGAN GOLD PROJECT For personal use only A VISION OF OPPORTUNITY I A LONG LIFE PROJECT WITH SIGNIFICANT COMMUNITY AND ENVIRONMENTAL BENEFIT
Slide 3: Important Information and Disclaimer
IMPORTANT INFORMATION AND DISCLAIMER MOUNT MORGAN GOLD PROJECT SUMMARY INFORMATION AND DISCLAIMER REGARDING EXPLORATION TARGETS For personal use only NOT AN OFFER FORWARD LOOKING It is common practice for a company to comment on and discuss its exploration in terms of target size and type. Carbine T
Slide 4: Carbine Resources Capital Structure, Board & Management
CARBINE RESOURCES (ASX:CRB) MOUNT MORGAN GOLD PROJECT CAPITAL STRUCTURE BOARD & MANAGEMENT For personal use only ASX Code CRB Chairman John Fitzgerald Shares on issue 193 Million Managing Director Anthony (Tony) James Director Graham Brock Share Price 7.6 cents1 Director Evan Cranston Unlisted Optio
Slide 5: Mount Morgan Gold – Project
MOUNT MORGAN GOLD – PROJECT MOUNT MORGAN GOLD PROJECT For personal use only 1. MOUNT MORGAN GOLD PROJECT IN CENTRAL QUEENSLAND. THE PROJECT SITS ADJACENT TO THE MOUNT MORGAN TOWNSHIP WITH ESTABLISHED INFRASTRUCTURE 2. CARBINE FEASIBILITY STUDY COMPLETED IN DECEMBER 2016 ON THE TAILINGS RETREATMENT A
Slide 6: Project Status Update
PROJECT STATUS UPDATE MOUNT MORGAN GOLD PROJECT CLEANSED RESOURCE & TECHNICAL DATA (2016) MAIDEN ORE RESERVE (JORC 2012 – Dec 2016)1 For personal use only LONG LIFE, SHORT PAYBACK FEASIBILITY STUDY (Dec 2016)1 RAGING BULL OPTION AGREED2 HERITAGE DEVELOPMENT APPLICATION ENDORSED BY QHC & APPROVED BY
Slide 7: FEED (Front End Engineering & Design)
FEED (FRONT END ENGINEERING & DESIGN) MOUNT MORGAN GOLD PROJECT 1. PLANT SITE GEOTECHNICAL ASSESSMENT (GRES) For personal use only COMPLETED FOUNDATION DRILLING AND TEST PITS, SLIGHT MODIFICATION TO PLANT ORIENTATION AS ADDITIONAL TAILINGS FOUND AT SOUTH END OF PLANT SITE 2. BATCH TEST WORK (90% C
Slide 8: Pyrite Export Solution
PYRITE EXPORT SOLUTION MOUNT MORGAN GOLD PROJECT 1. BINDING OFFTAKE For personal use only CARBINE SIGNS KEY CHINESE OFFTAKE WITH IKING INTERNATIONAL LIMITED (Please refer announcement ASX: 2 August 2017) CARBINE APPOINT PYRITE MARKETING SPECIALIST LOI’s RECEIVED FROM END USERS FOLLOWING TESTWO
Slide 9: Win, Win, & Win
WIN, WIN, & WIN MOUNT MORGAN GOLD PROJECT 1. LONG LIFE PROJECT / SHORT TERM PAYBACK1 For personal use only 9.5 YEAR ORE RESERVE BASE CASE & 20 YEAR EXPANDED CASE 2 YEAR PROJECT PAYBACK PERIOD $549/AU OUNCE AISC PEAK AT 60OZS AUEQ ANNUAL PRODUCTION 2. ENVIRONMENTAL LEGACY QLD GOVERNMENT ACI
Slide 10: Mundic Gully AMD reaching Dee River
MOUNT MORGAN GOLD PROJECT DEE RIVER ABOVE MUNDIC DEE RIVER BELOW GULLY, SUNDAY 30 APRIL MUNDIC GULLY, SUNDAY 30 2017 APRIL 2017 For personal use only MUNDIC GULLY AMD REACHING DEE RIVER
Slide 11: Additional Information
MOUNT MORGAN GOLD PROJECT For personal use only MOUNT MORGAN GOLD PROJECT ADDITIONAL INFORMATION
Slide 12: Feasibility Study – Key Results
FEASIBILITY STUDY – KEY RESULTS MOUNT MORGAN GOLD PROJECT 1. LONG LIFE PROJECT (1.1MTPA THROUGHPUT) For personal use only 9.5 YEAR BASE CASE1 20 YEAR EXPANDED CASE1 2. LOW COST - AISC2 OF A$549/AU OZ 3. SHORT TERM PAYBACK - 2 YEAR PAYBACK 4. PRE-PRODUCTION CAPITAL3 OF A$85M, WHICH INCLUDES PRO
Slide 13: 20 Year Expanded Case
20 YEAR EXPANDED CASE MOUNT MORGAN GOLD PROJECT 1. 20 YEAR PROJECT IS AN EXTENSION TO For personal use only ORE RESERVE (“BASE CASE”) 2. EXPANDED CASE - 22MT @ 1.6G/T AUEQ1, (0.9G/T AU, 0.12% CU, 21% PYRITE) First 9.5 years – “Base Case”, Ore Reserve +9.5 years to achieve 20 years expansion (sam
Slide 14: Processing and Metallurgy
PROCESSING AND METALLURGY MOUNT MORGAN GOLD PROJECT THREE STREAM PROCESSING FACILITY For personal use only PRODUCING COPPER SULPHATE, UNROASTED PREMIUM IRON PYRITE AND GOLD COPPER RESIN LEACHING (RIP) PYRITE CONCENTRATE FLOTATION GOLD CARBON LEACHING (CIL) WATER TREATMENT PLANT UTILISATION AND
Slide 15: Queensland Government support quote
“The Queensland Government is committed to advancing key projects to support jobs and regional growth. Queensland’s MOUNT MORGAN GOLD PROJECT mining sector is an economic mainstay and its capability to deliver innovation in rehabilitation and remediation is a major opportunity for the state. On that
Slide 16: Appendix A - Key Results
APPENDIX A - KEY RESULTS MOUNT MORGAN GOLD PROJECT EXPANDED CASE – DESCRIPTION FS BASE CASE EXPANDED CASE For personal use only MINING Ore Reserve (Mt) 9.9 9.9 CAUTIONARY STATEMENT Additional Material – Expanded Case (Mt) 0 12.5 Ore Reserve + Additional Material (Mt) 9.9 22.4 The expanded case refer
Slide 17: Appendix B – Competent Person Statement
APPENDIX B – COMPETENT PERSON STATEMENT MOUNT MORGAN GOLD PROJECT The information in this report that relates to Exploration Targets, Exploration Results and the Inferred Mineral information or data that materially affects the information included in the original market announcements and, in the Res
Slide 18: Appendix D – Exploration Target
APPENDIX D – EXPLORATION TARGET MOUNT MORGAN GOLD PROJECT EXPLORATION TARGET TABLE (ASX:30 AUGUST 2016). The potential quality and grade of the Exploration Target is conceptual in nature, there has been insufficient exploration to estimate a Mineral For personal use only Resource and it is uncertain
Slide 19: Appendix F – Metal Equivalents
APPENDIX F – METAL EQUIVALENTS MOUNT MORGAN GOLD PROJECT BOTH AUEQ (G/T) AND PYRITEEQ (WT%) HAVE BEEN USED IN THIS ANNOUNCEMENT. AuEq was calculated for each ore source based on the different metallurgical recoveries associated with those ore sources. A combined Total AuEq was also determined for re
Slide 20: For personal use only
MOUNT MORGAN GOLD PROJECT For personal use only