Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Shareholder Meeting (November 2005)
21 slides from Ramelius Resources's shareholder meeting presentation, Nov 18, 2005
Slide 1: Ramelius Resources Limited ASX Release: 2005 AGM Managing Director's Presentation
Ramelius Resources Limited ACN 001 717 540 140 Greenhill Road, Unley SA 5061 GPO Box 1373, Adelaide SA 5001 DX 52003, Unley Telephone (08) 8373 6473 / (08) 8373 5588 Facsimile (08) 8373 5917 ASX RELEASE For Immediate Release Friday, 18 November 2005 General Manager The Company Announcements Office A
Slide 2: Managing Director's address: year activities and exploration successes
In respect of the proposed development of the Wattle Dam 7800N resource, the Company carried out: • Metallurgical Test work. • Optimisation Studies. • Mining Studies. • Environmental Studies. • Statutory Approval Applications. This has been achieved with a small, but highly experienced, cost effecti
Slide 3: Annual General Meeting 2005
RAMELIUS RESOURCES LIMITED Annual General Meeting 2005
Slide 4: Company Strategy: Mining & Exploration
COMPANY STRATEGY MINING & EXPLORATION To realise the potential of the highly prospective, but as yet only lightly explored Spargoville Belt near Coolgardie. A major tenement holding in the Belt, covering 2 approximately 280 km along more than 30 km strike length, on trend with recent gold and nickel
Slide 5: Spargoville Belt Objectives
SPARGOVILLE BELT OBJECTIVES Ramelius has achieved initial success in the Belt with discovery of shallow, very high grade gold at Wattle Dam nickel sulphide mineralisation at Hilditch • Low risk, high grade open cut mining at Wattle Dam is to commence shortly – supported by the placement to a major C
Slide 6: Management Team
MANAGEMENT TEAM DIRECTORS BOB KENNEDY (CHAIRMAN) JOE HOULDSWORTH (MANAGING DIRECTOR) REG NELSON (NON EXECUTIVE DIRECTOR) COMPANY MANAGEMENT & CONTRACTORS DOM FRANCESE (CFO/COMPANY SECRETARY) GORDON DUNBAR (CONSULTING GEOLOGIST) ALAN RUDD (GOLDFIELDS EXPLORATION MANAGER) MATTHEW SVENSSON (PROJECT GEO
Slide 7: Capital Structure
CAPITAL STRUCTURE (As at 19 September 2005) ISSUED CAPITAL 67,687,941 fully paid ordinary shares 29,014,083 options * (18.687c) Expire 31 Dec 07 * Includes options yet to be issued to Sprott Asset Management TOP TEN SHAREHOLDERS % Beach Petroleum Limited 13,400,002 19.80 ANZ Nominees Limited * 4,945
Slide 8: Spargoville Regional Project Area
SPARGOVILLE REGIONAL PROJECT AREA.
Slide 9: Flagship: Spargoville Regional Project Area
“FLAGSHIP” SPARGOVILLE REGIONAL PROJECT AREA Highly Prospective Mineralised Corridor 280 km2 in area: 30 kms strike length of gold belt: Comprising four sub project areas: 1. Wattle Dam gold project 2. Hilditch Nickel project 3. North Widgiemooltha gold rights 4. Logans/Larkinville gold project
Slide 10: Spargoville Regional Project Area
SPARGOVILLE REGIONAL PROJECT AREA 1. WATTLE DAM GOLD PROJECT 7800N resource of 180,000 tonnes @ 3.6/t gold for approximately 21,100 ounces. Production imminent. Advanced exploration programs on additional target areas. 2. HILDITCH NICKEL PROJECT Massive, disseminated and stringer nickel sulphides in
Slide 11: Wattle Dam 7800N Orebody
WATTLE DAM 7800N OREBODY Indicated/Inferred Resource 180,000 tonnes @ 3.6g/t (cut) for 21,100oz Gold Mining Reserve of 73,200 tonnes @ 5.6g/t for 13,000 oz Gold Potential for additional ore down plunge and down dip
Slide 12: Wattle Dam 7800N Development Studies
WATTLE DAM 7800N DEVELOPMENT STUDIES METALLURGICAL TESTWORK Free Milling, High Recoveries, Low Reagent Usage. OPERATING COSTS Open Cut Mining, High Grades from Surface, Low Risk Operation. Toll Treatment - Mainly Free Digging - Robust Return OPTIMISATION SUMMARY using 60km Ore Haulage, $26/tonne Ore
Slide 13: Wattle Dam 7800N Pit Design
WATTLE DAM 7800N PIT DESIGN ~4/5 months to mine ~2/3 months to mill Milling commences ~month 2 Start to finish ~6 months ~$3.6M Operating Profit Cash flow by ~month 3
Slide 14: Exploration at Hilditch Nickel Project
EXPLORATION AT HILDITCH NICKEL PROJECT
Slide 15: Hilditch Nickel Project
HILDITCH NICKEL PROJECT Along strike from various nickel mines and resources. Recent intercepts of massive, disseminated and stringer nickel sulphides confirm fertility of Hilditch.
Slide 16: Recent Drilling at Hilditch North
RECENT DRILLING AT HILDITCH NORTH Drill Hole HRC025 – 2m @ 2.4% Ni & 0.3% Cu from 73m 1m @ 1.3% Ni & 0.1% Cu from 93m Drill Hole HRC041 – 2m @ 1.2% Ni & 0.1% Cu from 74m Drill Hole HRC052 – 5m @ 1.6% Ni & 0.4% Cu from 25m (Gossan up dip of HRC041)
Slide 17: Hilditch North Nickel Prospect
HILDITCH NORTH NICKEL PROSPECT Studies enable differentiation between remobilised and magmatic nickel sulphides identifying a prospective horizon for targeting
Slide 18: Hilditch North Nickel Prospect
HILDITCH NORTH NICKEL PROSPECT
Slide 19: Other Regional Projects
OTHER REGIONAL PROJECTS BLACK CAT: GOLD Black Cat South Resource 255,000 tonnes @ 2.7 g/t gold ( inferred and indicated) Black Cat North Resource 35,000 tonnes at 2.7 g/t gold (inferred and indicated) Global Resource Reassess and Re optimise in light 290,000 tonnes @ 2.7 of current gold price g/t go
Slide 20: Outlook
OUTLOOK • WATTLE DAM (GOLD) • COMMENCE MINING OPERATIONS • WATTLE DAM RESOURCE HAS EXCEPTIONAL POTENTIAL FOR GRADE OVERCALL • CASHFLOWS FROM MINING TO FUND AGGRESSIVE EXPLORATION PROGRAM • SPARGOVILLE TENEMENTS HAVE THE POTENTIAL TO YIELD A MAJOR GOLD DEPOSIT. • OTHER ACTIVITIES • FOCUS ON LARGER GO
Slide 21: Closing remarks and thank you
Ladies and Gentlemen, that completes the presentation. The forthcoming year should see a cash flow generated from the development of Wattle Dam, and a renewed vigour in exploration at the Hilditch Nickel Project and the many gold targets yet to be tested throughout our Spargoville Regional Project A
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