Perseus Mining Limited · ASX:PRU
Perseus Mining — Investor Presentation (April 2023)
14 slides from Perseus Mining's investor presentation, Apr 19, 2023
Slide 1: April 2023
For personal use only APRIL 2023 ASX/TSX: PRU
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS For personal use only COMPETENT PERSON STATEMENT: The information in this report that relates to the Open Pit and Underground Mineral Resources and the Underground Ore Reserve at CMA was first reported by the Company in a market announcement “Perseus Mining announces maiden Und
Slide 3: Operating & Financial Results
For personal use only OPERATING & FINANCIAL RESULTS PERSEUS MINING LIMITED PERSEUSMINING.COM 3
Slide 4: Another Strong Operating Performance in March Quarter
ANOTHER STRONG OPERATING PERFORMANCE IN MARCH 23 QUARTER For personal use only Gold production AISC Average gold sale Cash margin Operating performance price expected to continue in 130,275 oz US$971/oz US$1,821/oz US$850/oz Q4 FY23 On track to achieve both production and cost guidance for June 2023
Slide 5: Translates into Strong and Improving Financial Metrics
TRANSLATES INTO STRONG AND IMPROVING FINANCIAL METRICS For personal use only AVG GOLD SALE CASH MARGIN NOTIONAL CASHFLOW(2) NET CASH & BULLION CORPORATE DEBT FACILITY PRICE UPSIZED TO US$1,821/oz US$850/oz US$111.0M US$471M US$300M Up $73/oz or 4%(1) Up 11%(1) Up 10%(1) Up $66M or 16%(1) Up from $15
Slide 6: Organic Growth
For personal use only ORGANIC GROWTH PERSEUS MINING LIMITED PERSEUSMINING.COM 6
Slide 7: Project Studies
PROJECT STUDIES For personal use only COTE D’IVOIRE – YAOURÉ • Drilling and Feasibility Study continued for CMA Underground Project at Yaouré • Mineral Resource & Ore Reserve estimate due in 2H CY23 • Conversion drilling of Inferred Resource below Yaouré open pit commenced • Mineral Resource estimat
Slide 8: Exploration
EXPLORATION For personal use only SUDAN – GSS DEPOSIT (MSGP) • Infill Resource definition drilling, sterilisation trenching and drilling, hydrogeological, metallurgical, and geotechnical work plus work to understand geological controls, refining and remodelling the Mineral Resource. • Regional explo
Slide 9: Project Development
PROJECT DEVELOPMENT For personal use only • Development activities continued at Meyas Sand Gold Project • Front end engineering & design is well advanced – revised cost estimate due in June 2023 quarter • Resource drill-out and sterilisation drilling in progress • Pressure testing and modelling of a
Slide 10: Meyas Sand Gold Project Landscape
MEYAS SAND GOLD PROJECT LANDSCAPE For personal use only PERSEUS MINING 10
Slide 11: Meyas Sand Gold Project Update
MEYAS SAND GOLD PROJECT UPDATE For personal use only • 70%-owned Meyas Sand Gold Project (MSGP) is located in northern Sudan near the border with Egypt • Military unrest has been reported mainly in capital city, Khartoum, which is ~1,000km south of MSGP • Perseus’s presence in Khartoum is minor – al
Slide 12: Sustainability Performance
For personal use only SUSTAINABILITY PERFORMANCE PERSEUS MINING LIMITED PERSEUSMINING.COM 12
Slide 13: Sustainability
SUSTAINABILITY For personal use only SAFETY • Safety performance across Perseus has improved this quarter: • TRIFR decreased from 1.43 at the end of December to 1.23 at the end of March 2023 while LTIFR remained steady at 0.25. • Only 2 recordable injuries across all sites, including 1 Restricted Wo
Slide 14: For more information please contact
For personal use only For more This information presentation was please contact: authorised for release by Perseus Managing Director and Chief Executive Officer Jeff Quartermaine ASX/TSX: PRU | WWW.PERSEUSMINING.COM