Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Corporate Update (January 2022)
22 slides from Aurelia Metals's corporate update, Jan 27, 2022
Slide 1: December 2021 Quarterly Update and Outlook
DECEMBER 2021 QUARTERLY UPDATE AND OUTLOOK 27 January 2022 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS QUARTER UPDATE AND OUTLOOK This presentation has been prepared by Aurelia Metals Limited (“AMI” or the By its very nature, production and exploration for gold and base metals is a high “Company”). It should not be considered as an offer or invitation to subscribe for risk
Slide 3: Aurelia Snapshot
3 AURELIA SNAPSHOT QUARTER UPDATE AND OUTLOOK Our vision is to be a mining business recognised for creating ASX: AMI exceptional value through our people and a portfolio of gold and base metals assets. Share price (25 Jan 2022) A$0.405 We value Integrity, Certainty, Courage and Shares on issue 1,237
Slide 4: December Quarter Highlights
4 DECEMBER QUARTER HIGHLIGHTS QUARTER UPDATE AND OUTLOOK Integrity I Certainty I Courage I Performance • Group TRIFR reduced from 8.6 to 7.6 across the quarter • Protocols adapted to manage risk of Omicron remain effective Performance • Reduced workforce availability (approximately 20% across the am
Slide 5: Performance Amid External Headwinds
PERFORMANCE AMID EXTERNAL HEADWINDS
Slide 6: Continued Performance
6 CONTINUED PERFORMANCE QUARTER UPDATE AND OUTLOOK Quarterly Safety and Environment Outcomes Group Total Recordable Injury Group Total Reportable Environmental Frequency Rate Incident Frequency Rate • 12-month moving average (12-month moving average) (12-month moving average) Group Total Recordable
Slide 7: Sustainable Foundation
7 SUSTAINABLE FOUNDATION QUARTER UPDATE AND OUTLOOK Driven by our Vision and Values and underpinning durability 75% D&I 51% Leadership and accountability SUSTAINABILITY GOVERNANCE Response rate to Working Group Employees trained in Sustainability inaugural employee established ‘The Aurelia Way’ appr
Slide 8: Operating Snapshot
8 OPERATING SNAPSHOT QUARTER UPDATE AND OUTLOOK External headwinds impacting throughput and production • Group gold production (26.9 koz) and AISC (A$1,395/oz) Group Gold Equivalent Production consistent with previous quarter • Lower quarterly lead and zinc metal production partly offset by higher c
Slide 9: Strong Footing
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Slide 10: Quarterly Cashflow
10 QUARTERLY CASHFLOW QUARTER UPDATE AND OUTLOOK Strong cash generated from operations Quarterly Cashflow Waterfall • Group sales revenue for the quarter increased by 38% to A$136.5M (SepQ: A$98.6M) 120.0 32.0 • Operating cash flow after sustaining capital (4.0) 8.2 from operations was $47.8M (SepQ:
Slide 11: FY22 Operating Guidance
11 FY22 OPERATING GUIDANCE QUARTER UPDATE AND OUTLOOK Quarter performance and outlook DecQ Revised Group output Metric H1 result Prior FY22e result outlook Gold koz 26.9 54.2 112 – 123 Lower end Lead kt 6.6 13.9 24.5 – 27.0 Upper end Zinc kt 8.3 17.3 31.0 – 34.5 Upper end Copper kt 0.7 1.3 3.5 – 4.0
Slide 12: Growth Progressing to Execution
GROWTH PROGRESSING TO EXECUTION
Slide 13: Great Cobar Project
13 GREAT COBAR PROJECT QUARTER UPDATE AND OUTLOOK PFS delivers on ‘copper ready’ strategy1 • Initial mining and processing expected to take place over an approximate five-year life (400-500ktpa) to deliver a total of 47kt copper and 61koz gold • New satellite underground mine using Peak Mine infrast
Slide 14: Great Cobar Project
14 GREAT COBAR PROJECT QUARTER UPDATE AND OUTLOOK Significant upside potential • Significant extension and exploration upside outside the PFS initial mining area • Access decline will provide better platforms for additional infill and extensional drilling • High grade down-plunge intercepts released
Slide 15: Federation Keeps Going
15 FEDERATION KEEPS GOING QUARTER UPDATE AND OUTLOOK Best set of results from drilling program1 • Mineral Resource conversion and extensional drilling delivers the best set of results to date from the Company’s extensive two- year drilling program at the Federation deposit • Outstanding new high gra
Slide 16: Summary
16 SUMMARY QUARTER UPDATE AND OUTLOOK Performance amid external headwinds Strong footing Growth progressing to execution 27 January 2022 DECEMBER 2021
Slide 17: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com.au
Slide 18: Appendix
APPENDIX QUARTER RESULTS AND OUTLOOK
Slide 19: Our Strategy
19 OUR STRATEGY Simple, durable and returns focussed 1 Sustainable progression An organisation that excels through our people and superior performance A trusted, sustainable and beneficial presence in the areas in which we operate 2 Sweat our infrastructure and assets Leverage off a strategic asset
Slide 20: Peak Mines
20 PEAK MINES QUARTER UPDATE AND OUTLOOK Ongoing Kairos ramp-up and Great Cobar development Pb/Zn First Kairos plant stoped ore Kairos discovered upgrade completed Great MROR Cobar (GC) update Peak Mine maiden Ore acquired Reserve CY2018 2019 2020 2021 2022 2023 2024 2025 FY19 GREAT COBAR SCHEDULE 1
Slide 21: Hera Federation Complex
21 HERA FEDERATION COMPLEX QUARTER UPDATE AND OUTLOOK Organic growth at its best with flexible, early processing options Federation Resource Federation Maiden update discovered Federation Federation Federation Resource Resource Federation maiden Ore North Pod mine update Scoping Reserve development
Slide 22: Dargues Mines
22 DARGUES MINES QUARTER UPDATE AND OUTLOOK Output expansion and life extension opportunities New MROR Phase 2 drilling estimates Dargues Mine acquired Phase 1 MROR drilling Nameplate update mine Integration throughput achieved achieved CY2018 2019 2020 2021 2022 2023 2024 2025 FY19 POTENTIAL EXPANS