Slide 1: South Kalgoorlie Operations
SOUTH KALGOORLIE OPERATIONS For personal use only Rapidly Expanding Gold Producer + Commodity /Risk Diversification GOLD DIVISION 6 Gold Projects >17Mozs 150,000ozpa+ producer Target of 500,000 oz. production from current projects
Slide 2: SKO - Background
SKO - Background • SKO has a combination of mining tenements and freehold titles that covers approximately 1,900km2 between Coolgardie, Kalgoorlie and Kambalda. For personal use only • Gold first discovered 1895, Celebration Mine operational 1919 along Boulder Lefroy Fault. • Exploration activities
Slide 3: SKO – Plant and Surface Infrastructure
SKO – Plant and Surface Infrastructure • Jubilee Treatment Plant – commissioned May 1987: For personal use only – Three stage crushing circuit – 255tph average; – Twin Ball Mill circuit (740kW & 970 kW) @ 140tph; – Gravity Circuit : Knelson Concentrator/Acacia reactor; – CIL Circuit : 10 x (620-390)
Slide 4: SKO – Location
For personal use only SKO – Location
Slide 5: FY2016 Budget
SKO – FY2016 Budget • SKO Open Pits • HBJ Underground For personal use only – 180k tonnes @ 2.1g/t for 12.2k oz mined. – 524k tonnes @ 3.2g/t for 54.0k oz mined. – Erebus and Resolution pits. – Mining historical areas of SOZ and COZ. • Cannon Pit – Setup drill platforms for extensions of NOZ, COZ an
Slide 6: Timeline
SKO – HBJ Underground Timeline For personal use only Sept July 2014 Aug 2014 Oct 2014 Nov 2014 Dec 2014 Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015 Jun 2015 2014 A$9.9M spent up to May EOM UG Contractor Portal Established 2145 Level Exposure Negotiations Decision to proceed on staged approach Stage
Slide 7: Budget FY2016
SKO – HBJ Underground Budget FY2016 SOZ Plan “Main Game” COZ Plan “Growth Plan” NOZ Plan “Opportunity” For personal use only 299k t’s @ 3.0g/t for 28.5k oz 191k t’s @ 3.8g/t for 23.0k oz 12k t’s @ 2.0g/t for 1.0k oz LG Dev – 32k t’s @ 1.5g/t for 1.5k oz No Development ORE HG Dev – 50k t’s @ 3.2g/t f
Slide 8: Budget FY2016
SKO – HBJ Underground Budget FY2016 For personal use only NOZ Plan “Opportunity” COZ Plan “Growth Plan” SOZ Plan “Main Game” 12k t’s @ 2.0g/t for 1.0k Oz 191k t’s @ 3.8g/t for 23.0k Oz 299k t’s @ 3.0g/t for 28.5k Oz
Slide 9: SOZ – Southern SOZ Mine Inventory
SKO – HBJ Underground Mine Planning SOZ Southern SOZ Mine Inventory For personal use only Current Decline Rehab Position (2105 R.L) Next Slides Plan View South SOZ 2144 – 2166 R.L* 89.4kt @ 4.0 g/t for 11.6k Oz SOZ Stoping South SOZ 2124 – 2144 R.L* 115.6kt @ 3.6 g/t for 13.3k Oz 1HFY16 664 Oz / Vm
Slide 10: SOZ – Southern SOZ 2145 RL Layout
SKO – HBJ Underground Mine Planning SOZ Southern SOZ 2145 RL Layout For personal use only SOZ Lode 2.5m @ 4.8g/t 4.2mW drive 2.7m @ 5.4g/t 2.4m @ 8.5g/t 2.0m @ 10.7g/t 5.4m @ 6.9g/t 2.5m @ 4.8g/t 4.9m @ 6.7g/t Eastern Lode (looking south) B40 / Silica Porphyry Lode Eastern Lode 4.2mW drive 3.8mW dri
Slide 11: COZ – Remnant COZ Mine Inventory
SKO – HBJ Underground Mine Planning COZ Remnant COZ Mine Inventory For personal use only Current COZ Rehab Position (2110R.L) COZ 2170– 2190 R.L* 255 Oz / Vm 36.2kt @ 4.4 g/t for 5.1k Oz COZ 2150– 2170 R.L* 447 Oz / Vm 54.9kt @ 5.0 g/t for 8.9k Oz 2nd Slides Plan View COZ 2130– 2150R.L* 79.6kt @ 4.9
Slide 12: COZ – 2050 RL Layout
SKO – HBJ Underground Mine Planning COZ COZ 2050 RL Layout For personal use only HBC 1350_18 First Stope ORE HBC 1350_18 11.2m @ 11.9g/t August 2015 21.5m @ 2.6g/t HBC 1300_13 25.3m @ 8.3 g/t HBC 1275_10 UHS 2216_9 7.7m @ 10.4 g/t 28.5m @ 9.8 g/t HBC 1250 _12 15.0m @ 3.4 g/t COZ Budget FY2016 Invent
Slide 13: COZ – 2145 RL Layout
SKO – HBJ Underground Mine Planning COZ COZ 2145 RL Layout For personal use only No Stoping Planned in FY16 Budget - opportunity COZ Budget FY2016 Inventory 191k t’s @ 3.8g/t for 23.0k Oz