Slide 1: ASX Announcement: Presentation
ASX ANNOUNCEMENT 2 December 2014 For personal use only PRESENTATION Red Mountain Mining is pleased to release the latest corporate presentation for December 2014, including a summary of key milestones to production and discovery; Definitive Feasibility Study (DFS) interim results (released 20 Octobe
Slide 2: Company Presentation December 2014
For personal use only RED MOUNTAIN MINING (ASX:RMX) COMPANY PRESENTATION – December 2014 Batangas Gold Project, Philippines Strategy for Low Cost Gold Development and High-Grade Discovery
Slide 3: Disclaimer
DISCLAIMER For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe s
Slide 4: The Philippines: A Golden Opportunity
THE PHILIPPINES: A GOLDEN OPPORTUNITY For personal use only Far SE Cu-Au Didipio Cu-Au (Gold Fields) (Oceana) Runruno Au-Mo (Metals Ex) Philippines Manila Batangas Red Mountain’s Masbate (B2Gold) 200koz pa Batangas Gold Project Sianna (Red 5) Co-O (Medusa), 80koz pa • Outstanding prospectivity for g
Slide 5: Batangas Gold Project: Mineral Resources and Planned Project Infrastructure
BATANGAS GOLD PROJECT: MINERAL RESOURCES AND PLANNED PROJECT INFRASTRUCTURE For personal use only 120km to Manila 20km to Batangas Note: JORC 2012 Resources released 30 June 2014 3
Slide 6: Key Investment Drivers: Red Mountain Mining (RMX)
KEY INVESTMENT DRIVERS: RED MOUNTAIN MINING (RMX) For personal use only 1. Experienced board and management team - track record of discovery and development 2. Robust economics for gold development asset - low Capex, low operating costs and a high IRR 3. Immediate exploration upside – defined explor
Slide 7: Key Milestones to Production and Discovery
KEY MILESTONES TO PRODUCTION AND DISCOVERY For personal use only 1. Definitive Feasibility Study: in progress on existing high-grade, open pit, Indicated Resources. Preliminary results indicate low Capex (A$18 million pre production), high A$52 million operating cashflow in 5.2 years (@ US$1,250 Au/
Slide 8: Batangas Gold Project: DFS Update Results
BATANGAS GOLD PROJECT: DFS UPDATE RESULTS For personal use only • DFS based on production of >100,000oz gold over 5 years from only high-grade, open-pit, Indicated Resources • Operating costs (pre taxes, charges and capital costs) of US$753/oz Au (A$865/oz Au) • Projected C1 operating cash flow of ¹
Slide 9: Lobo, South West Breccia Resources and Pit Designs
LOBO, SOUTH WEST BRECCIA RESOURCES AND PIT DESIGNS For personal use only Purple resource blocks = >5 g/t Au 7
Slide 10: Lobo: Stage 1, Open Pit Mining of High Grade South West Breccia Orebody
LOBO: STAGE 1, YEARS 1 & 2 OPEN PIT MINING OF HIGH GRADE SOUTH WEST BRECCIA OREBODY For personal use only 8
Slide 11: Archangel: Stage 2, Open Pit Mining of Kay Tanda West
ARCHANGEL: STAGE 2, YEARS 3 TO 5 (TO 10) OPEN PIT MINING OF KAY TANDA WEST (AND KAY TANDA MAIN) For personal use only 9
Slide 12: Outstanding Exploration Potential, Lobo Prospect
OUTSTANDING EXPLORATION POTENTIAL, LOBO PROSPECT: MULTIPLE TARGETS FOR HIGH GRADE EPITHERMAL GOLD-SILVER For personal use only Six key high grade gold targets identified within 15km strike on 5 parallel epithermal lode structures: 1. Camo: major flexure “look-a-like” target to South West Breccia (SW
Slide 13: Lobo Prospect: High Grade Resources and Targets in Large Epithermal System
LOBO PROSPECT : HIGH GRADE RESOURCES AND TARGETS IN LARGE EPITHERMAL SYSTEM For personal use only 5 3 1 2 4 6 11
Slide 14: Lobo: SWB Extended and Camo Target
LOBO: SWB EXTENDED and CAMO TARGET PRESERVED SILVER-COPPER CAPS OVERLY HIGH-GRADE GOLD TARGETS For personal use only 12
Slide 15: Lobo: South West Breccia to Camo Lode Longitudinal Projection
LOBO: SOUTH WEST BRECCIA TO CAMO LODE LONGITUDINAL PROJECTION HIGH GRADE REOURCES AND BURIED TARGETS YET TO BE DRILLED For personal use only 13
Slide 16: Board and Executive Team: Track Record of Discovery and Development
BOARD AND EXECUTIVE TEAM: TRACK RECORD OF DISCOVERY AND DEVELOPMENT For personal use only BOARD OF DIRECTORS Neil Warburton 35 years a mining engineer and director. Former CEO of major mining contractor, Barminco. Chairman Also a director of Sirius Resources, Peninsula Energy and Australian Mines. J
Slide 17: Company Structure
COMPANY STRUCTURE For personal use only Red Mountain Mining Ltd ASX: RMX Volume (millions) Price ($) 450 0.035 Listed Shares (November 2014) 819,920,844 400 0.030 Listed Options RMXOA 3c, 30/6/16 97,839,460 350 0.025 Listed Options RMXO 1.2c 31/03/16 95,604,869 300 250 0.020 Unlisted Options 20c, 15
Slide 18: Catalysts for Shareholder Value
CATALYSTS FOR SHAREHOLDER VALUE For personal use only 1. Secure strategic funding partner financing (targeting December 2014) 2. Exploration - excavate and drill immediate “near mine” high grade targets (Q1/2 15) 3. DFS and final Permitting for development (Q2 15) 4. Project financing (Q2 15) 5. Pro
Slide 19: RMX, A Golden Opportunity for Low Cost Development and High Grade Discovery
RMX, A GOLDEN OPPORTUNITY FOR: LOW COST DEVELOPMENT AND HIGH GRADE DISCOVERY For personal use only Red Mountain’s Batangas Gold ProjectGold Project 17