Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Diggers & Dealers 2014
29 slides from Ramelius Resources's conference presentation, Aug 4, 2014
Slide 1: Ramelius Resources Limited – Diggers & Dealers August 2014
For personal use only Ramelius Resources Limited ASX:RMS Diggers & Dealers – August 2014
Slide 2: Forward Looking and Competent Persons Statements
Forward Looking and Competent Persons Statements For personal use only Forward looking statements This presentation contains certain forward looking statements with respect to Ramelius’financial condition, results of operations, production targets and other matters that are subject to various risks
Slide 3: Corporate Summary
Corporate Summary For personal use only Board & Management Capital Structure (as at 25 July 2014 unless otherwise noted) Shares on Issue 398M Robert Kennedy, Non Executive Chairman Market Cap A$27M Cash & Gold on hand (as at 30/06/14) A$16.6M Ian Gordon, A$2.0M Debt (as at 01/08/14) Non Executive Di
Slide 4: Strategy
Strategy 1. Be profitable in a low gold price environment For personal use only 2. Discover a high margin asset over next 2 years 3. Strong focus on capital management * AISC represents All-In Sustaining Costs as per the World Gold Council guidance Ramelius Resources Limited • Diggers & Dealers Augu
Slide 5: Australian Project Locations
Australian Project Locations For personal use only Ramelius Resources Limited • Diggers & Dealers August 2014 5
Slide 6: Project Overview
Project Overview For personal use only Operations Project Locations - WA Development Projects Ramelius Resources Limited • Diggers & Dealers August 2014 6
Slide 7: Operations - Mt Magnet Gold Mine
Operations - Mt Magnet Gold Mine For personal use only Gold Production & C1 Cash Costs 25,000 $2,000 SAG mill 22,500 repairs ball mill $1,800 20,000 motor $1,600 17,500 $1,400 15,000 $1,200 12,500 $1,000 10,000 $800 7,500 $600 5,000 $400 2,500 $200 - $0 Dec-12 Dec-13 Jun-12 Sep-12 Mar-13 Jun-13 Sep-
Slide 8: Operations - Mt Magnet Gold Mine
Operations - Mt Magnet Gold Mine For personal use only Focus on Saturn and Mars open pits in FY2015 Saturn pit Mars pit Saturn open pit – May 2014 Ramelius Resources Limited • Diggers & Dealers August 2014 8
Slide 9: Operations - Mt Magnet Gold Mine
Operations - Mt Magnet Gold Mine For personal use only Saturn open pit – May 2014 Previous Pit Pit cutback at May 2014 310mRL (140m deep) Pit design and resource Ramelius Resources Limited • Diggers & Dealers August 2014 9
Slide 10: Operations - Mt Magnet Gold Mine
Operations - Mt Magnet Gold Mine For personal use only Checker Gold Mill – capacity of 1.7Mtpa, highly competitive $20/t operating cost Pipeline of open pit & underground mines: Proposed to deliver Vivien / Kathleen Valley ore for treatment at Checker Ramelius Resources Limited • Diggers & Dea
Slide 11: Development - Water Tank Hill / St George
Development - Water Tank Hill / St George Potential medium term high grade underground production (after Vivien FY2016) For personal use only Combined Mineral Resource of 105koz at 5.2 g/t Au1 near existing decline Mining Inventory of 48koz at 6.2 g/t Au1 C1 cost of A$660/oz & AISC of A$915/
Slide 12: Operations – Burbanks/Coogee
Operations – Burbanks/Coogee For personal use only Mining completed Feb 2014 Mine production of 145kt @ 4.37g/t for 20.4koz Haulage distance of 110km Cash costs (C1) of A$720/oz Processing complete Sep 2014 Further exploration planned by end of CY14 Coogee open pit – Feb 2014 Ramelius Re
Slide 13: Development - Vivien Project
Development - Vivien Project For personal use only May 2014 - BFS completed 1st July 2014 - Acquisition from Gold Fields Magazine 10th July 2014 - Permitting approvals received Ore Pad Wall cutback Key BFS results: UG Power UG Portal Vivien Lode Dewatering Dam Office, workshop, go-line Ramel
Slide 14: Development - Vivien Project
Development - Vivien Project For personal use only Ramelius Resources Limited • Diggers & Dealers August 2014 14
Slide 15: Development - Vivien Project
Development - Vivien Project For personal use only Ramelius Resources Limited • Diggers & Dealers August 2014 15
Slide 16: Development - Vivien Project
Development - Vivien Project For personal use only Ramelius Resources Limited • Diggers & Dealers August 2014 16
Slide 17: Development - Vivien Project
Development - Vivien Project For personal use only 2013 Drill Hole VVDD1005 – 6.5m @ 30.4g/t Au from 257m downhole Ramelius Resources Limited • Diggers & Dealers August 2014 17
Slide 18: Development - Kathleen Valley Project
Development - Kathleen Valley Project For personal use only Mossbecker Resource – high grade near term mining opportunity Mining studies indicate potential to mine 48,000 ozs⁴ over 15 months Ramelius Resources Limited • Diggers & Dealers August 2014 18
Slide 19: Development - Kathleen Valley Project
Development - Kathleen Valley Project For personal use only Overall Mineral Resource of 130koz → A$30/oz purchase price Mossbecker Resource - mining studies indicate potential to mine 48kozs⁴ over 15 months Potential AISC of A$940/oz with low up front capital (A$1.7M) Mossbecker Mineral Resour
Slide 20: Production Targets
Production Targets* For personal use only Clear plan for production through FY2017 with increasing grade Development of Vivien / Kathleen increases total production to ~130koz pa Production Profile 140,000 $1,400 A$1,300/oz A$1,300/oz Mossbecker 120,000 $1,200 A$1,150/oz Mossbecker 100,000 $1,00
Slide 21: Exploration Projects
Exploration Projects For personal use only Ramelius Resources Limited • Diggers & Dealers August 2014 21
Slide 22: Exploration – Vivien Gem
Exploration – Vivien Gem For personal use only Encouraging shallow high grade intersections reported from RMS drilling: Historical drilling including: Mineralisation remains open at depth Ramelius Resources Limited • Diggers & Dealers August 2014 22
Slide 23: Exploration – Fraser Range
Exploration – Fraser Range For personal use only Targeting buried IOCG systems within Fraser Range Province New 24 sub-block application over coincident magnetic and gravity anomalies Proceeding to grant No previous drilling Drill ready target…. Ramelius Resources Limited • Diggers & Deale
Slide 24: Exploration – Tanami
Exploration – Tanami For personal use only Targeting new discoveries within Tanami Complex Farm-in secured over 1,700km2 of prospective geology Under-explored and within 100km of Newmont’s 4.5Moz Callie Gold Mine and Granites Treatment Plant Ramelius Resources Limited • Diggers & Dealers Augus
Slide 25: The Investment Case
The Investment Case For personal use only WA focused gold producer in a strong financial position to progress near term, high grade development projects Operations Upside Capital Position Ramelius Resources Limited • Diggers & Dealers August 2014 25
Slide 26: Thank you – see us at Booth #20
Thank you – see us at Booth #20 For personal use only Contact details: Mark Zeptner – Chief Executive Officer Phone – +61 8 9202 1127 Email – reception@rameliusresources.com.au Website – www.rameliusresources.com.au Ramelius Resources Limited • Diggers & Dealers August 2014 26
Slide 27: Production Targets, Mineral Resources and Ore Reserve Note
Production Targets, Mineral Resources and Ore Reserve Note For personal use only ¹ All Mt Magnet Production targets are based on current Ore Reserves. For detailed information relating to Mt Magnet Mineral Resources and Ore Reserves see ASX release (RMS) 12 Sept 2013, ‘Resources and Reserves Stateme
Slide 28: Mineral Resource Statement
Mineral Resource Statement MINERAL RESOURCES AS AT 30 JUNE 2013 - INCLUSIVE OF RESERVES For personal use only Measured Indicated Inferred Total Resource Deposit Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz Galaxy 1,556 1.8 88,000 8,0
Slide 29: Ore Reserve Statement
Ore Reserve Statement ORE RESERVE STATEMENT AS AT 30 JUNE 2013 For personal use only Proven Probable Total Reserve Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz Galaxy Pits Saturn 508 1.9 31,000 635 1.6 32,000 1,144 1.7 63,000 Mars 202 2.0 13,000 439 2.1 30,000