Citigold Corporation Limited · ASX:CTO
Citigold — Shareholder Meeting (November 2005)
55 slides from Citigold's shareholder meeting presentation, Nov 28, 2005
Slide 1: Annual General Meeting Presentations announcement
Citigold Corporation ANNOUNCEMENT corporation 28 November 2005 Annual General Meeting Presentations Attached are the following presentations:- « Mr Christopher Towsey, Chief Operating Officer of Citigold Corporation Limited. The presentation outlines the company’s activities for the 2004 — 2005 year
Slide 2: Annual General Meeting 2005: Progress for the year
ia : Ti ~ Annual General Meeting 2005... Progress for the year
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Slide 4: corporation
corporation
Slide 5: Growth of Assets and Share Capital 1994-2005
corporation Citigold Corporation Ltd Growth of Assets and Share Capital in the 12 years 1994-2005 A$ millions Gimme Total Assets «A Share Capital
Slide 6: Growth of Share Capital and Market Capitalisation
corporation Aus§$ millions oS88sSR988 Citigold Corporation Limited Growth of Share Capital and Market Capitalisation in the 12 Years 1994-2005 2002 2003 2004 2005 1994 19958 1996 1997 1998 1999 2000 2001 Year —#— Share Capital Market Capital (A$mill)
Slide 7: Growth of Assets, Share Capital and Resources
corporation Growth of Assets, Share Capital and Resources and Reduction in Liabilities since IPO. 420 42,000,000 400 40,000,000 3 2 80 8,000,000 & J = 60 6,000,000 ° E 3 & < 40 4,000,000 § °o 20 2,000,000 0 o Li. 3 1995 1996 1997 1998 1999 2000 2002 2003 2004 2005 2001 GS Liabilitics MN Total Assets
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Slide 10: Citigold Expenses 2005
: lone? corporation Miscellaneous 2% Travel and Accomodation 4% Corporate costs 4% Office Administration 5% Tenement Costs and Charges 5% Consumables and Spare Parts 7% Professional Fees B% Citigold Expenses 2005 Contractors 2% Equipment Costs 1% Wages, salaries 38% Depreciation, Insurance 10% Borro
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Slide 12: Share Growth & Returns to Shareholders
SHARE GROWTH & RETURNS TO SHAREHOLDERS a ee TITTT pee et tre ee ED corporat ory (BEA ep _— Citigold 520 62% 4.15 M : nus ese ® eo
Slide 13: Citigold vs ASX Top 200
corporation ERE nl wilh he L/W De TAD (Th ms iri. eae “ 23% q Citigold ASX Top 200 c
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Slide 15: Share Purchase Plans
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Slide 18: poration
poration Oct 200 to Nov. 2005
Slide 19: NEWE
NEWE Newcrest ira iN ral ri ulin IMTITeTTTEET TT Imm pe a 080 O00 tor Tee : lone? poration
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: lone? corporation S70] 750 B50 S60) Croesus Lgetiestiva $.12 B11 3.10 $.08 3.07
Slide 21: CTO Share Price vs US Gold Price
$460.00 $440.00 $420.00 $400.00 $380.00 US Gold Price $360.00 $340.00 CTO Share Price vs US Gold Price Financial Year 2004-05 CTO Share Price 01-JuLo4 29-Julo4 21-Oct-04 18-Nov-04 16-Dec-04 18-Jan-05 16-Feb-05 17-Mar-05 26-Aug-04 23-Sep-04 18-Apr-05 17-May-05 16-Jun-06 —— US Gold cTO
Slide 22: corporation
corporation
Slide 23: Executive and Non-exec Directors Fees
SUTIVES REMUNERATI Executive and Non-exec Directors Fees 2005 24 resources companies, 122 directors $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 i Sal i" Lull | TITTY CTT TT TT Ti
Slide 24: Executive & Non-Exec Directors Fees 2005
corporation $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 EXECUTIVE & NON-EXEC DIRECTORS FEES 2005 24 resources companies, 122 directors
Slide 25: Salary Survey April 2005: Chief Executive Officer
Chief Executive Officer 500,000 400,000 SALARY SURVEY APRIL 2005 39 Australian Mining Companies 300,000 200,000 100,000 + 04 Aus Dollars Qi Median Q3 Average Quartiles @ Base Salary Total Cash Citigold
Slide 26: Salary Survey April 2005 Australian Mining Companies
Salary Survey April 2005 39 Australian Mining Companies Head of Operations @ Base Salary Total Cash Aus Dollars ~N Citigold Q3 Average Quartiles Aus Dollars avian 300,000 200,000 + 100,000 50,000 250,000 150,000 Salary Survey April 2005 39 Australian Mining Companies Head of Mine Site @ Base Salary
Slide 27: CEO salary vs share price increase
corporation Increase in Share price (%) 70% 60% 50% 40% 30% 20% 10% 0% -10% -20% Comparison of Citigold with Selection of Top 200 companies CEO salary vs share price increase over time Coles Meyer BHP Billiton NAB Bank Rio Tinto AMP Leighton Macquarie Bank ' Gams 3 Years (5 Years —@— CEO Salary $20,
Slide 28: Summary of Remuneration
SUMMARY OF REMUNERATION corporation the lower 10% of the
Slide 29: Questions and Disclaimer
corporation QUESTI WE, wh vote ay . i DISCLAIMER: This presentation is intended to provide general information and is not intended to constitute legal, financial, accounting, tax, investment consulting or other professional advice or services. The information that is not about Citigold Corporation i
Slide 30: Citigold AGM November 2005: Garry Foord
Citigold AGM November 2005 Garry Foord General Manager — Engineering
Slide 31: corporation
corporation arrior West Le Warrier West We i _|Mieerior Bast ort nef A it aN Annual General Meeting 2005 Garry Foord 2
Slide 32: Decline Development: Warrior Resource
DECLINE DEVELOPMENT corporation Warrior Resource
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for "Planned dec! 6k \ : sot 2b \ %y Annual General Meeting 200 Garry Foord 4
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Slide 36: Decline Development
DECLINE DEVELOPMENT Annual General Veeting
Slide 37: Decline Development
DECLINE DEVELOPMENT ww _ Annual General Meeting 2005 jatry Foor
Slide 38: Next Year
NEXT YEAR ...... corporation pal OR :
Slide 39: Warrior Ore Production
WARRIOR ORE PRODUCTION See Bseneee EES — ae one aes ee 200,000 tonnes - 40,0000zs +¢ spe ea
Slide 40: corporation
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Slide 41: Production Stoping Sequence
PRODUCTION STOPING SEQUENCE corporation eee . TE) il oe ooo a eee a i a
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Slide 43: Production Stoping Sequence
PRODUCTION STOPING SEQUENCE corporation Ee Ee ar Hl i Ee a i iii iT TATTTAAnnA Nn Hono ue — Hn Ena a Ewe a EE oo a OO : a Tn Foor
Slide 44: Resource outline
ee z = - - — 7 Q E F z 3 x Es é = Ei g 2 Hl a B fe s a a & 2 at e R ca 2 a a 2 s a Resource outline 40,000 ozs A ‘Decline _ a a = y | LAN V EW nf Riser Seer Bre BOGE a senna RENE : Annual General Meeting 20
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: y F a 2 g Ei E & a a s ia & at a a fd wereneet AOOW EL 8 é g § k f Z & a ® B i 8 = re cas hn _Annual General Meeting 2005
Slide 47: Initial Production Sequence
INITIAL PRODUCTION SEQUENCE corporation Se = = = = = = . a & 2 i s e a 8 & Zl & E A g Pa 2 R 2 z e a Pa 2 S & a 5 a a a 3 4 # e id a e driving 850 level a line down to second level NE * « * . - * n . » , = a & & & ca R Ed & a Be @ s s & 5 5 z FA s a Q 5 & cs Pe fs ore ® FA a fe Bi a fe z o x oa a mn
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corporation — rr a a ae a a ca an nr Ai i a i a a a a & i a f secs Complete driving in | first two levels r pasos ee Ventilation shaft ‘and access drive completed i A : BEAST: SOLE (ee perersce _ Annual General Meeting 20
Slide 49: Initial Production Sequence
INITIAL PRODUCTION SEQUENCE a vasa “anes aaa = - - - - E & E a a 5 & & a a & Fa £ A eB 2 a S 2 = ie & 2 Ea 5 é amen ke stn Decline down to next bok eyel ($30), a ff ba yel(G30), ggg = c x fe mm cy ow Som Pa _Annual General Meeting 200
Slide 50: Initial Production Sequence
INITIAL PRODUCTION SEQUENCE corporation — pope * Ore from second Production © * “~ * Level (830) begins S % _Annual General Meeting 2
Slide 51: swiwe|
= 2 a & swiwe| See ‘Continue mining frpm 2 levels weed (33000 er mo th) BERR: sine: see BAe Soke SHTEF| e down to leyel (820) Declin anothe)
Slide 52: Initial Production Sequence
INITIAL PRODUCTION SEQUENCE corporation E 2 5 § a E] & & & a 5 a a a ' a a @ 5S a a a 5 a ft curve go a ““o) First internal p @ F 3 back in wést direction; | = rm x ca - x a 7 m o a a > Gj _Annual General Meeting 2005
Slide 53: Warrior East (E3) Mining Block Schematic
an savin cast WARRIOR EAST (E3) MINING BLOCK SCHEMATIC STAGE 1 "HIGH GRADE START" PLAN VIEW Rib Pillar —.., Mining Block SEPTEMBER 2005 GE Foord
Slide 54: Production Planning
PRODUCTION PLANNING corporation “908 1A 394 12 H8.287 1,318 18.0. 763 1.9 25 a0 1,275 185 636 1.8 849,074 TTT “44.0 799 -. 204 OG 1,887 20.4 1,235 2.8 4GE8,089 — 820 1,802 1b4 692 27 207 408. tonnes
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