Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Diggers and Dealers 2020
23 slides from Emerald Resources Nl's conference presentation, Oct 14, 2020
Slide 1: Okvau Gold Project, Cambodia
Okvau Gold Project, Cambodia ASX:EMR Diggers and Dealers Kalgoorlie 12-14 October 2020
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statement This presentation contains certain forward looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections about the industry in which Emerald Resourc
Slide 3: Why Invest in Emerald?
Why Invest in Emerald? – Great Project, - Strong Economics, - The Right Team Gold production on schedule for Q2 2021 Fully Funded – (Cash & Debt) -US$98 Million Gold plant development underway; +100,000oz per annum Gold production by mid 2021 – at AISC US$754 per oz: NPV (5%) (pre tax); US$48
Slide 4: Emerald at a Glance
Emerald at a Glance Capital Structure ASX Code EMR Shareholder Structure Share Price $0.62¹ Retail & High Net Institutional Shares on Issue (current) 515M Worth Investors 30% Investors 48% Options on Issue 8.8M² Market Cap (undiluted) A$319M 1 Share Price as at 7 October 2020. 2 Options comprise man
Slide 5: Cambodia and the Okvau Project
Cambodia and the Okvau Project ASX: EMR | www.emeraldresources.com.au 5
Slide 6: Cambodia Overview & Project Location
Cambodia Overview & Project Location First mover advantage in frontier terrain Attractive fiscal regime: 100% ownership1; 30% corporate tax rate for mining; 25% for Emerald first 5 years. 3.0% Government Gold royalty (net)2; Full Import duty exemptions for first 3 year. 1,132km² of und
Slide 7: Low All-in Sustaining Costs | High Margin
Low All-in Sustaining Costs | High Margin Mine Site Layout Operating Cost Summary Life of Mine On-Site Mining US$344/oz On-Site Processing US$261/oz On-Site G&A US$48/oz Transport and Refining US$5/oz C1 costs US$658/oz Royalties1 US$65/oz Sustaining Capital & Closure Costs US$31/oz AISC US$754/oz 1
Slide 8: Okvau JORC Reserve
Okvau JORC Reserve | 2.0g/t Au for 907,000 ounces Gold 650 metres of strike by 600 metres width of the JORC Resource (0.7g/t gold cut-off) 1 mineralised vein system; Resource Tonnage Grade Au Gold Classification (Mt) (g/t) (Koz) Drill spacing of 25m x 25m in the top 120m; Indicated 15.11 2.08 1,
Slide 9: Construction and Development Progress
Construction and Development Progress ASX: EMR | www.emeraldresources.com.au 9
Slide 10: Okvau | Construction Progress - Onsite
Okvau | Construction Progress - Onsite Aerial View of Powerline Towers & Tower footings excavated at sub-station Corridor now complete to site. site. Footings For Sub-station towers. Sub-station towers complete, earthworks for sub-station commenced. ASX: EMR | www.emeraldresources.com.au 10
Slide 11: Okvau | Construction Progress - Offsite Fabrication
Okvau | Construction Progress - Offsite Fabrication Aerial View of Powerline Towers & Corridor now complete to site. Footings For Sub-station towers. Sub-station towers complete, earthworks for sub-station commenced. ASX: EMR | www.emeraldresources.com.au 11
Slide 12: Okvau Gold Project, Construction Progress by Expenditure
Okvau Gold Project, Construction Progress by Expenditure (as at 30 September 2020) Percentage spent & committed 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Plant Site Bulk Earthwork .8m Concrete and Detailed Earthworks 4.5m Electrical Works Contract 4.9m SMP - Minor Contracts 11.9m TSF & Decant Retu
Slide 13: Okvau | Initial Starter Pit Grade Control Drilling Completed
Okvau | Initial Starter Pit Grade Control Drilling Completed 5m x 5m grade control drilling complete for oxide in stage 1 starter pit:- Results showed a significant increase in tonnage for the areas tested:- 58% more tonnes; 37% more ounces. Oxides limited in Okvau pit (average 6m depth) but
Slide 14: Exploration Upside
Exploration Upside ASX: EMR | www.emeraldresources.com.au 14
Slide 15: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension 17m @ 5.7g/t from 399m (DD11OKV091); 10m @ 9.6g/t from 411m (DD12OKV108); 3m @ 14.2g/t from 432m (DD11OKV091); 6m @ 9.7g/t from 520m (DD16OKV372). Long-section N-S trending Okvau feeder zone- Below Reserve Pit Intersections 15m @ 11.92
Slide 16: Regional Exploration Potential
Regional Exploration Potential Dominant land position of +1,100km² covering a north-west trending zone of granitoid intrusions; Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium). Phnom Khtong Prospect Geochemical anoma
Slide 17: New Licence Grants | O'Khtung & Preak Khlong
New Licence Grants | O’Khtung & Preak Khlong Preak Khlong and O’Khtung Projects cover 392km² and are located 15km to the south of Okvau; Two high priority targets provide potential for early exploration success; Significant drilling results to date at Preak Khlong Prospect; 4m @ 10.25g/t gol
Slide 18: Snoul Project
Snoul Project 3km, x 1.5km gold in soil anomaly (at Limited historical drilling >10ppb Au); returned best results of :- 4m @ 11.94g/t gold from 4m (SNRC002); Peak value auger 16m @ 2.93g/t gold from 4m sampling 22.3ppm Au; (SNRC009); 12m @ 1.01g/t gold from 12m (SNRC010); Peak value rock chip
Slide 19: Phnom Khtong Project
Phnom Khtong Project Western anomaly 1.3km x 0.4km (at >30ppb Au); and Central anomaly 1km x 0.4km (at >10ppb Au); Peak value auger sampling 7.27 ppm Au; Peak value rock chip 38.3g/t Au; Geological setting similar to Okvau with mineralisation coincidental with Diorite intrusions; Emerald
Slide 20: Environment and Social Programmes
Environment and Social Programmes ASX: EMR | www.emeraldresources.com.au 20
Slide 21: Environmental & Social Values
Environmental & Social Values The Okvau project is to have a (net) positive impact on near-mine environmental and social values via:- Targeting strict compliance with corporate governance, international guidelines (IFC) & local laws; Payment of significant Environmental, Social, Endowment & “Env
Slide 22: Summary
Summary Project Development On Time and On Budget; COVID-19 impediments manageable and not expected to impact on 2nd qtr. 2021 commissioning and production timeline. Experienced, well credentialed Board and senior management, well equipped to develop Okvau and other gold projects; Emerald de
Slide 23: Thank You Diggers and Dealers October 2020
Thank You Diggers and Dealers October 2020 ASX: EMR | www.emeraldresources.com.au 23