Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Investor Presentation (April 2011)
15 slides from Northern Star Resources's investor presentation, Apr 14, 2011
Slide 1: Company Presentation
For personal use only Company Presentation April 14, 2011
Slide 2: Disclaimer
Disclaimer For personal use only Competent Persons Statements The information in this announcement that relates to exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information compiled by or under the supervision of Brook Ekers
Slide 3: The Northern Star Vision
The Northern Star Vision For personal use only To build a substantial mining house through exploration and acquisition To maintain strict financial discipline with an emphasis on shareholder return To build a world-class team of in-house mining experts who will give the company a competitive advanta
Slide 4: Corporate and Asset Overview
Corporate and Asset Overview For personal use only Market cap: $114m based on 301m shares at 38c, plus 75m options Cash/Bullion on hand: $10m as at March 31, 2011 Top 20 hold 50% (inc InvestMet with 20%) Key production asset: Paulsens Gold Mine near Paraburdoo in WA, acquired in July 10 Current JORC
Slide 5: Paulsens – The Past
Paulsens – The Past Paulsens started production in 2005 under Intrepid ownership For personal use only Produced 373,000oz in five years to Mid-2010 at an average gold production of 70-80,000ozpa CY2009 EBITDA $39M at gold price of $1200/oz 5
Slide 6: Paulsens – The Present
Paulsens – The Present Acquired by Northern Star in July 2010 for $40m and repaid from For personal use only cashflow within 7 months Maiden Company profit of $5M in six months to Dec 31, 2010 after $25M acquisition costs and $5M invested in drilling and capital dev Record December 2010H performance
Slide 7: Paulsens – The Present (continued…)
Paulsens – The Present (continued…) 2011 mine plan forecasts surplus cashflow of $40m through the For personal use only production of 75,000oz Resources increased to 226,000oz and underpinned by key Voyager 1 lode that is being mined at 1000oz per vertical metre Voyager 2 lode has an exploration tar
Slide 8: Paulsens – The Future
Paulsens – The Future For personal use only Paulsens now set for a long and profitable future Voyager 1 producing strong results from drilling down plunge, highlighting excellent potential for further resource increases Drilling has resumed at Voyager 2 in lead-up to maiden resource estimate 30,300o
Slide 9: Paulsens Regional and other Exploration Upside
Paulsens Regional and other Exploration Upside For personal use only No other sizeable deposit within 50km radius of the Paulsens mine 1,300km² of Tenements, numerous targets 100% owned and JV’s Only operational gold processing plant in the Ashburton/Pilbara Cheroona copper/gold project, 80km from S
Slide 10: Ashburton Gold Project
Ashburton Gold Project Past oxide open pit production, 1998 to 2004 of 340,000oz @ 3.3g/t For personal use only Project contains 668,000oz resource mainly in sulphide mineralisation Numerous walk up drill targets and opportunity to review past feasibility studies that were based on a A$525/oz gold p
Slide 11: Board of Directors
Board of Directors Successful record in discovering and developing mines For personal use only BILL BEAMENT – Managing Director (Mining Engineer) Former General Manager – Operations for 12 mines across WA, including 3.5 years involvement at Paulsens overseeing the incumbent mining contractor. Establ
Slide 12: Senior Management
Senior Management BERNIE SOSTAK – Manager of Geology For personal use only Geologist with over 20 years in the Gold Industry with extensive experience in mine geology, resource estimations, planning and general operations management in underground and open pit. Held senior management roles with WMC,
Slide 13: Ten Reasons to Follow Northern Star Resources
Ten Reasons to Follow Northern Star Resources ~75,000ozpa production at $620/oz cash cost For personal use only 1. 2. Up to $40m surplus cashflow in 2011 3. Debt-free and unhedged 4. 226,000oz resource at Paulsens, outstanding drilling results point to further substantial increase in resources and m
Slide 14: Ten Reasons to Follow Northern Star Resources
Ten Reasons to Follow Northern Star Resources Significant exploration potential at Cheroona copper/gold project For personal use only 8. – just 80km from Sandfire and in similar geological setting 9. Highly experienced team of technical and financial experts who can be shifted from project to projec
Slide 15: For personal use only
For personal use only Company Presentation April 14, 2011
Northern Star Resources — Investor Presentation (April 2011) on 6ix