Westgold Resources Ltd · ASX:WGX
Westgold Resources — Investor Presentation (January 2017)
16 slides from Westgold Resources's investor presentation, Jan 27, 2017
Slide 1: For personal use only
For personal use only ASX:WGX
Slide 2: About Westgold
About Westgold For personal use only • Australian publicly listed pre-play gold miner – the demerged gold division of Metals X Limited • A West Australian gold producer (current run-rate 300,000 oz pa) with expanding operations. • Large Gold Inventory : Ø Total Mineral Resource Estimate (as at 30 Ju
Slide 3: Corporate Profile
Corporate Profile For personal use only Corporate structure (ASX:WGX) Board Issued Shares 304.7 million, 11 million empl. opts Non-executive Chairman Peter J. Newton Share Price A$ 1.95 Managing Director Peter G. Cook Market Cap A$ 485 million At Jan 25 Director of Operations Steve Norregaard , 2017
Slide 4: Gold Production Profile – Westgold Group
Gold Production Profile – Westgold Group For personal use only Gold Production Dec 2016 Qtr - 75,134 oz (300,000 oz pa run-rate) 5 Key Gold Projects Gold Production Forecast Calendar 2017 - 350,000 oz 4 Producing, 1 at Pre-feasibility Stage Quarterly Gold Prod'n and A$ Costs 80,000 1600 70,000 1400
Slide 5: Ramping to 450,000oz pa Production Rate
RAMPING TO 450,000ozpa Production Rate For personal use only Target Growth in Gold Output Underground mines don’t die, they just get deeper!! 500,000 450,000oz 450,000oz 430,000oz 450,000 400,000 350,000oz ANNUALISED GOLD OUTPUT 350,000 300,000 236,538oz 250,000 200,000 150,000 100,000 50,000 0 CY20
Slide 6: Inaugural Quarterly Results – QE Dec 31, 2016
Inaugural Quarterly Results – QE Dec 31, 2016 For personal use only Dec 16 Qtr - Outputs Gold Prod'n Oz Cash Cost AISC Gold Production 75,134 ounces 27,000 1400 Gold Sales 79,655 ounces 26,000 1200 GOLD PRODUCTION OUNCES Cash Costs A$ 981 per ounce 25,000 1000 AISC A$ 1,149 per ounce A$ PER OUNCE 24
Slide 7: Asset Rich – Westgold Group
Asset Rich – Westgold Group For personal use only Dominant Land Positions 4 Processing Plants in 2 Prolific Goldfields 5.5Mtpa Capacity Murchison Goldfield Eastern Goldfield
Slide 8: Murchison Gold Projects (100% WGX)
Murchison Gold Projects (100% WGX) For personal use only Central Murchison Gold Project (CMGP) Fortnum Gold Project (FGP) Resource - 108.7 Mt @ 2.2g/t = 7.74 million ounces Resource - 29.7 Mt @ 1.8g/t = 1.75 million ounces Reserves - 22.8 Mt @ 2.6 g/t = 1.93 million ounces Reserves - 5.4 Mt @ 2.0 g/
Slide 9: Eastern Goldfields Projects
Eastern Goldfields Projects For personal use only South Kalgoorlie Operations (SKO) 1.2 million tpa CIL Plant Higginsville Gold Operations (HGO) 1.3 million tpa CIL Plant
Slide 10: Higginsville Gold Operations
Higginsville Gold Operations For personal use only Higginsville Gold Operations (HGO) Resource - 33.6 Mt @ 2.0g/t = 2.2 million ounces Reserves - 7.57 Mt @ 1.78 g/t = 0.43 million ounce Producing at 100,000 ozpa run-rate Multiple feed sources feeding a 1.3 million tpa CIL plant Steady State AISC – A
Slide 11: South Kalgoorlie Operations (SKO)
South Kalgoorlie Operations (SKO) For personal use only SKO Gold Prod'n & A$ Costs QTR GOLD PROD'N OZ 25,000 1400 1200 COST PER OZ 20,000 1000 15,000 800 10,000 600 400 5,000 200 0 0 Mar Q Jun Q Sep Q Dec Q 2016 2016 2016 2016 Gold Prod'n 13,006 10,756 15,164 22,566 Cash Cost/oz 1071 1005 1240 1001
Slide 12: Rover Project - Prefeasibility Stage
Rover Project - Prefeasibility Stage For personal use only Virgin IOCG Discovery Blind from surface Bonanza Grades in broader poly-metallic halo. Prolific Production area Good Infrastructure - roads - railway line - proximity to port - gas pipeline - easy access to water - close to regional town 6.8
Slide 13: Why invest in Westgold? - Compelling Peer Metrics
Why invest in Westgold? - Compelling Peer Metrics For personal use only EV / Cashflow - Australian Domestic 100,000 oz+ Producers 18 16 EV = HUNDRED MILLIONS EV/FCF Reserves RESERVES = MILLIONS 14 12 10 8 6 4 2 0 Rameliu St Westgol Millenniu Evolutio Northern Oceana Silver Resolute Beadell Regis Dor
Slide 14: Why invest in Westgold? - Compelling Peer Metrics
Why invest in Westgold? - Compelling Peer Metrics For personal use only Australian Domestic 100,000 oz+ Producers 18 EV/Resource oz & EV/Reserve oz 16 MILLIONS OF OUNCES (GOLD) 14 Resources Reserves 12 10 8 6 4 2 0 Northern OceanaGol Millennium Doray Ramelius Silver Lake Beadell Saracen Regis St Bar
Slide 15: The Newly Minted – Top Australian Gold Producer
The Newly Minted – Top 10 Australian Gold Producer For personal use only
Slide 16: JORC Compliance Statements & Disclaimers
JORC Compliance Statements & Disclaimers For personal use only General Disclaimer This presentation has been prepared by Westgold Resources Limited (“Westgold” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in
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