Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Investor Presentation (February 2009)
21 slides from Ramelius Resources's investor presentation, Feb 20, 2009
Slide 1: Ramelius Resources Limited Investor Presentation
For personal use only Ramelius Resources Limited Investor Presentation February 2009
Slide 2: Disclaimer
For personal use only DISCLAIMER This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantl
Slide 3: Why Invest in Gold?
RAMELIUS " *RESOURCES WHY INVEST IN GOLD ? > Easily Tradeable Commodity » Natural Hedge in a Downturn >» World Economies look weak » Many Analysts tip price rise in 2009 » Gold is Money
Slide 4: Why Invest in Ramelius?
ae " WHY INVEST IN RAMELIUS ? >» Aninvestment in Ramelius is an investment in Gold » Wattle Dam is low risk with high margins and is in production » Grades increasing at depth and further overcall is showing up in production > Arise in gold price plus production overcall will increase investor value
Slide 5: Ramelius Summary
ae " RAMELIUS SUMMARY » High Grade Gold focused Company >» Wattle Dam will be the highest grade gold mine in Australia » Phase 2 mining commenced in June 2008 » Pit cut back to be completed in March 2009. 30m of high grade yet to be mined (as at end Jan 09) >» Base case Mine Plan to produce ~70,000
Slide 6: Capital Structure
For personal use only CAPITAL STRUCTURE (As at 31 January 2009) • ASX Code: RMS Issued Capital: 185,395,868 fully paid ordinary shares 13,716,263 options RMSOB ($1.00) Expire 30 June 09 18,453,281 options RMSOC ($1.50) Expire 30 June 10
Slide 7: Top Ten Shareholders
For personal use only RAMELIUS RESOURCES LIMITED - TOP TEN SHAREHOLDERS* As at 6 February 2009 % ANZ Nominees Limited 21,511,750 11.60 Beach Petroleum Limited 20,100,003 10.84 HSBC Custody Nominees (Australia) Pty Ltd 20,002,944 10.79 Mandurang Pty Ltd 6,420,380 3.46 Aurelius Resources Pty Ltd 5,322
Slide 8: Corporate Structure
For personal use only CORPORATE STRUCTURE DIRECTORS ¾ Chairman: Bob Kennedy ¾ Managing Director: Joe Houldsworth ¾ Non-Executive Director: Reg Nelson ¾ Executive Director: Ian Gordon ¾ Non-Executive Director: Kevin Lines SENIOR MANAGEMENT ¾ CFO/Company Secretary: Dom Francese ¾ Operations Manager: D
Slide 9: Targets for 2009
For personal use only TARGETS FOR 2009: ¾ Completion of open pit with significant gold overcall ¾ Commencement of underground mine at Wattle Dam ¾ Increased Resource base at Wattle Dam (50% increase in 2008) ¾ Strong cash flow and profitability ¾ Acquisition of a new gold project
Slide 10: Wattle Dam Underground Mine
For personal use only WATTLE DAM UNDERGROUND MINE: ¾ UG Mine Commences late March 2009 ¾ Base case is to produce 70,000 oz by 3rd qtr 2010 ¾ Open at depth – result of 5.5m @ 148 g/t 25m below mine plan ¾ Gold overcall expected in underground based on results from open pit (2.7 times overcall in orig
Slide 11: Wattle Dam Mine Costs
For personal use only WATTLE DAM MINE COSTS: ¾ Base case sales revenue of A$100m at current gold price (A$1400 /oz) ¾ Capital costs of A$190 (~US$126) per ounce ¾ Operating costs of A$385 (~US$256) per ounce ¾ Overcall will dramatically reduce capital and operating costs per oz
Slide 12: Wattle Dam Cut Back
Wattle Dam Cut Back For personal use only Feb 2009 Portal Position
Slide 13: Looking East
For personal use only Looking East
Slide 14: Gold Intersections Comparable with Goldcorp's Red Lake Mine
For personal use only GOLD INTERSECTIONS COMPARABLE WITH GOLDCORP’S RED LAKE MINE Drill Hole From (m) To (m) Intersection Intersection Grade Grade (m) (Ft) (g/t) Oz /t WDRC289 123 139 16 52.5 482 15.5 WDRC226 148 196 48 157.4 154 5.0 WDRC290 132 141 9 29.5 454 14.6 WDDH0036 208 210 2 6.5 452 14.5 WD
Slide 15: High Grade Gold in Drill Core
For personal use only HIGH GRADE GOLD IN DRILL CORE WDDH0036 WDDH0064
Slide 16: Burbanks Treatment Plant
For personal use only BURBANKS TREATMENT PLANT • Wholly Owned – No Debt • Advances Cash Flow • Security of Processing Availability • Plant Running 24/7 • Ready to treat Wattle Dam High Grade Underground ore
Slide 17: Exploration: Discovering Our Future
For personal use only EXPLORATION Discovering our Future
Slide 18: Exploration
For personal use only EXPLORATION: ¾ Focussed exploration to increase shareholder value ¾ Planned deep holes at Wattle Dam targeting extensions to High Grade Zone (commencing late March). Best diamond result only 240m below surface ¾ Follow-up of mineralisation at 8500N, Golden Orb and Eagle’s Nest
Slide 19: Exploration Areas
Pu Exploration Areas y and Yilmia Hill Gold Priority Targets ae Pipeline Nickel 4 RAMELIUS PRESOURCES || Lefroy Tantalum and Nickel 8 ____ Highway Nickel 1 | =~ Hilditch North and Central Nickel ee on |) 1A North Nickel ——a Central Gold and Nickel RAMELIUS 6540000 mN Yilmia West Nickel _] Groper Nor
Slide 20: Looking Forward
For personal use only LOOKING FORWARD ¾ Completion of Pit Cut-back ¾ Development of Wattle Dam Underground ¾ Processing High Grade Gold Ore ¾ Further Diamond Drilling at Wattle Dam to increase the resource ¾ Follow-up Drilling at 8500N, Golden Orb and Eagle’s Nest ¾ Review available third party gold
Slide 21: Competent Person Statement
For personal use only The Information in this report that relates to Exploration Results is based on information compiled by Matthew Svensson. Matthew Svensson is a Member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and
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