Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Investor Presentation (April 2011)
16 slides from Northern Star Resources's investor presentation, Mar 31, 2011
Slide 1: Emerging Australian Gold Producer and Explorer
For personal use only Emerging Australian Gold Producer and Explorer “LEVERAGE FOR GROWTH” Company Presentation – April 2011
Slide 2: Disclaimer
DISCLAIMER Competent Persons Statements For personal use only The information in this announcement that relates to exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information compiled by or under the supervision of Brook Ekers
Slide 3: Our Vision & Business Model
Our Vision… & Business Model For personal use only “To build a quality mining & exploration company focused on creating profits for shareholders...” “Acquire assets that add value when re-assessed”
Slide 4: Company Profile
Company Profile CAPITAL STRUCTURE For personal use only 300M shares on issue 75.5M options Market Capitalisation $105M (30 March 2011) (Undiluted & @ 35 cents per share) Cash/Bullion at Bank $10 Million (End of Mar) SUBSTANTIAL SHAREHOLDERS Top 20 50% InvestMet Limited 20% Board of Directors (fully
Slide 5: Board of Directors
Board of Directors Successful record in discovering and developing mines. For personal use only BILL BEAMENT – Managing Director (Mining Engineer) Former General Manager – Operations for 12 mines across WA, including 3.5 years involvement at Paulsens overseeing the incumbent mining contractor. Estab
Slide 6: Senior Management
Senior Management For personal use only BERNIE SOSTAK – Manager of Geology Geologist with over 20 years in the Gold Industry with extensive experience in mine geology, resource estimations, planning and general operations management in underground and open pit. Held senior management roles with WMC,
Slide 7: Flagship Asset – Paulsens Gold Mine
Flagship Asset – Paulsens Gold Mine High grade and high margin gold mine in Ashburton, Western Australia For personal use only Continuous mine production of 70-80koz pa for past 6 years Life of mine cash cost A$543/oz, Total Cost <A$650/oz (includes site establishment) Recently updated 226,000 ounce
Slide 8: Paulsens - Past
Paulsens - Past Mid 2005 full scale production, project hedged @ A$627/oz until Dec08 For personal use only 373koz from past 5 years production (mid 2010), averaged 70-80koz pa CY 2009, generated A$39M EBITDA (A$1,200/oz gold price)
Slide 9: Paulsens – Present (NST Ownership)
Paulsens – Present (NST Ownership) Record December 2010H performance; For personal use only Processed 49koz, Mined 47koz and Sold 49koz for $65.4M revenue Cash cost A$510/oz and total site expenditure A$664/oz 2010H Maiden Company profit of $5M, after $29M acquisition costs Invested $5M in undergrou
Slide 10: Resources
Resources Paulsens – 1.3Mt @ 5.3g/t for 226koz (Dec 31, 2010) For personal use only Maintained Voyager 1 resource after mining 71,000 oz in 2010 Indicated 143,100 oz and Inferred 71,800 oz 1,000 ounces per vertical metre High historical conversion of mined vs. resource model History of extending res
Slide 11: Paulsens – Future
Paulsens – Future Continue to extend mine life For personal use only $5M per annum expenditure on underground drilling Currently extending decline to access deeper levels of Voyager 1 and the Voyager 2 lode Investigate the potential of increasing Paulsens production to 100,000oz per annum, via the a
Slide 12: Exploration Potential – Regionally
Exploration Potential – “Regionally” No other sizeable deposit within 50km radius of the Paulsens mine For personal use only 1,300km2 of Tenements, numerous targets 100% owned and JV’s Only operational gold processing plant in the Ashburton/South Pilbara
Slide 13: Exploration – Ashburton Gold Project
Exploration – Ashburton Gold Project Past production, 1998 to 2004 of 340,000oz @ 3.3g/t via oxide open pits For personal use only Contains 668,000 oz resource mainly contained in sulphides Numerous walk up drill targets and review past A$525/oz feasibility studies Drilling to Commence June 2011 qua
Slide 14: Exploration – Other
Exploration – Other Cheroona copper/gold project located 80km from Sandfire’s discovery For personal use only Similar geological setting to DeGrussa, including 18km strike of the Narracoota Volcanics Mt Clement JV (20% NST) located 35km from Paulsens processing plant Indicated Resource 40,600oz, rec
Slide 15: Plan on a Page
For personal use only Plan on a Page
Slide 16: Opportunities
Opportunities Great asset, Paulsens Gold mine is very high grade (Top 3 Aus) For personal use only Business Model that utilises the skills in the Company Board and Management team that can and have delivered Strong possibility for further Paulsens mine life extensions Potential to increase productio
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