Slide 1: Driving Sustainable Profitable Production
FFT:FZA ASX:FML FOCUS MINERALS LIMITED Driving Sustainable Profitable Production For personal use only Focus’ 1.2Mtpa Three Mile Hill processing plant in Coolgardie, WA Campbell Baird, CEO ASX:FML Denver Gold Forum: 9th – 12th September 2012 focusminerals.com.au
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 3: Focus Minerals
Focus Minerals Produced 176,357oz of gold in FY12 (a 140% increase on FY11) at a cash cost For personal use only of $1,222/oz In past 12 months Focus has: - M&A - Completed the acquisition of Crescent Gold to create a Group with 4.3Moz Gold Mineral Resource - New Team - Built a new leadership and te
Slide 4: Assets Overview
Assets Overview Focus owns two processing hubs positioned in Australia’s two largest gold producing regions: For personal use only Laverton Operations Wallaby / Granny Smith • Large scale open pit mining. 2 Main Sunrise Dam mining centres • Currently processing at 3.5Mtpa Barrick Granny Smith • 1.45
Slide 5: Growth Being Driven by Expanded Board & New Leadership Team
Growth Being Driven by Expanded Board & New Leadership Team For personal use only Don Taig, Chairman Campbell Baird, Chief Executive • 34 years broad governance & operations • Highly experienced mining engineer experience • Guided expansion of Focus since 2009 • Formerly with CRA and Metals Explorat
Slide 6: Strong Growth in Company Scale and Production
Strong Growth in Company Scale and Production Focus has driven very strong growth over the last 4 years For personal use only 200,000 Coolgardie Laverton 176,632oz 180,000 160,000 140,000 Ounces 120,000 100,000 80,000 89,959oz 72,830oz 62,296oz 60,000 41,401oz 40,000 20,000 4,456oz - FY 2008 FY 2009
Slide 7: Significant Turnaround Commenced at Laverton
Significant Turnaround Commenced at Laverton For personal use only 12 month production of 87,000 ounces @ $1,260/oz Laverton Cash Operating Costs Was an underperforming asset Reduction / Production Growth - Laverton previously starved of funds $1,800 30,000 - Focus injected $17m in working capital o
Slide 8: Laverton Now Positioned For Sustainable, Solid Production
Laverton Now Positioned For Sustainable, Solid Production Stable Production Apollo For personal use only - Consolidated to 2 digging fleets - Producing 20,000-25,000oz per quarter Sustainable Cost Savings - Improved planning and operational efficiencies - Improved contractor efficiencies consolidati
Slide 9: Coolgardie Has Transformed its Production Base
Coolgardie Has Transformed its Production Base For personal use only Produced 89,959koz @ $1,194/oz in FY12 Coolgardie Production Growth Strong Growth in last 12 months 305,000 30,000 - Ramped up two new production centres: Tindals Open Pits & The Mount underground - Increased YOY quarterly gold pro
Slide 10: Delivered Exploration Success
Delivered Exploration Success FML has delivered significant exploration success over the past 12 months: For personal use only • Grown Mineral Resource to 22.3Mt @ 2.1g/t for 1.5Moz. Tindals Surface Continued drilling success • Drilling & technical work enabling pit to be brought back into Greenfiel
Slide 11: Looking Forward > New 10 Year Life of Mine Plan
Looking Forward > New 10 Year Life of Mine Plan Tindals Key success for technical team has been to build a For personal use only Open Pits new 10 year life of mine plan Apollo PRODUCING Tindals Based purely on existing 4.3Moz Mineral Resource The Underground base across Coolgardie and Laverton Mount
Slide 12: Key Areas of Development: Burtville mining centre
3 Key Areas of Development Over Next 12 Months: 1. Development of Burtville mining centre to create 3rd major project area in Laverton: For personal use only Historical low-strip ratio pit 2012 Mineral Resource of 5.7Mt @ 1.3g/t for 235,000oz 2011 Drilling, 50 RC Holes 2012 Drilling, 142 RC Holes De
Slide 13: Key Areas of Development: Greenfields
3 Key Areas of Development Over Next 12 Months: 2. Development of Greenfields as base load for Three Mile Hill for next 2 years: For personal use only Transition of Coolgardie base load from Tindals Underground to Greenfields open cut Low Risk Deposit; Ore Reserve of 1.0Mt @ 1.7g/t. Adjacent to Thre
Slide 14: Key Areas of Development: Dreadnought open pit
3 Key Areas of Development Over Next 12 Months: 3. Continued expansion of Dreadnought open pit in Coolgardie: For personal use only Example of visible gold seen in pit floor Commenced as Trial pit. Has produced 8,000oz to date Mining has enabled business to start to unlock complex geology Discovered
Slide 15: Exploration Focus: Laverton – Sparsely Drilled
Exploration Focus: Laverton – Sparsely Drilled Mineral Resource of 26.5Mt @ 2.4g/t for 2.0Moz For personal use only 1,200km2 of tenements 6 major regional gold producing structures running through projects – 105km of strike Historical drilling has been shallow with large gaps in known resources Oppo
Slide 16: Exploration Focus: Coolgardie Track Record in Resource Growth
Exploration Focus: Coolgardie Track Record in Resource Growth Mineral Resource of 26.6Mt @ 2.6g/t for For personal use only 2.2Moz Added 850,000oz in last 4 years whilst mining +200,000oz Majority of exploration been focused on just 2% of ground Tindals underground has delivered 5,000oz per vertical
Slide 17: Discovery: Treasure Island Gold Project
Discovery: Treasure Island Gold Project For personal use only World class greenfields exploration On the Boulder- Lefroy fault, the largest gold producing system in Australia 226km2 of tenements Treasure Island exhibiting strong similarities to 15Moz St. Ives to the north
Slide 18: Summary
Summary For personal use only Strong Growth • FML has driven very strong growth over the last 4 years • Acquisition of Crescent unlocked great potential for the business and Laverton given scale doubled production • New leadership and technical team delivering operational success and New Team securi
Slide 19: Appendices
19 For personal use only APPENDICES
Slide 20: Focus Minerals At A Glance
Focus Minerals At A Glance For personal use only ASX Code FML Board & Senior Executive Ordinary Shares 4,321M Chairman (Non-exec) Don Taig Non-Exec Director Phil Lockyer Market Cap A$180m Non-Exec Director Bruce McComish Unlisted Options 51M Non-Exec Director Gerry Fahey Cash and Bullion $19.5M (30/
Slide 21: Appendices: Mineral Resource & Ore Reserve
APPENDICES: MINERAL RESOURCE & ORE RESERVE Measured Resources Indicated Resources Inferred Resources Total Resources For personal use only Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces Ounces Ounces Ounces '000t Au g/t '000t Au g/t '000t Au g/t '000t Au g/t COOLGARDIE GOLD PROJECT Tinda