Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Diggers & Dealers Conference 2023
20 slides from Emerald Resources Nl's conference presentation, August 2023
Slide 1: Emerald Resources NL – Diggers & Dealers Presentation
Emerald Resources NL Diggers & Dealers Presentation August 2023 ASX:EMR
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statement This presentation contains certain forward looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections about the industry in which Emerald Resourc
Slide 3: Why Invest in Emerald?
Why Invest in Emerald? KEY TAKEAWAY: Organic pathway to become a multiple mine, +300koz pa gold producer with no further dilution to shareholders RIGHT ▪ Board and management team - development and operation - with a history of TEAM delivery: - A history of success spanning ~ 30 years; - In house de
Slide 4: Emerald at a Glance
Emerald at a Glance Capital Structure Shareholder Structure ASX Code EMR Retail & High Net Institutional Share Price $2.31¹ Worth Investors Investors 33% 47% Market Cap (undiluted) A$1.4B 1 Share Price as at 1 August 2023.. There are also 16.6M unlisted options on issue with exercise prices ranging
Slide 5: Key Assets – producing mine with two more to build
Key Assets – producing mine with two more to build Okvau Gold ▪ Producing asset with robust cash flows; Mine ▪ Produced 197koz since commissioning in Sept 2021 (Project to date: 210koz); (Emerald – 100%) ▪ AISC of US$783/oz since commissioning; ▪ Operating cash flow of US$80 million for the 12 month
Slide 6: Okvau Gold Mine
Okvau Gold Mine Location Mondulkiri Province, Cambodia Ownership 100% Emerald (ultimate parent entity) Type Open pit mining Initial Indicated and Inferred Mineral Resource Resource Estimate of 1.06Moz at 1.91g/t Au (March 2021) Initial Reserve 14.3Mt & 2.0g/t Au for 0.9Mozs in a single (March 2021)
Slide 7: Cambodian Exploration Upside
Cambodian Exploration Upside ▪ Okvau reserve expansion; ▪ Okvau near mine - Samnang, Preak Long, Antrong; ▪ Memot – potential high grade second Cambodian operation; ▪ Regional exploration potential – 1,639 km² of prospective tenure. ASX: EMR | www.emeraldresources.com.au 7
Slide 8: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension Eastern Feeder Zone Mineralisation ▪ 10m @ 9.67g/t from 411m (DD12OKV108); ▪ 10m @ 14.17g/t Au from 258m (RCDD22OKV449); ▪ 11m @ 8.40g/t from 399m (DD11OKV091); ▪ 15m @ 11.92g/t Au from 143m (RC19OKV390); ▪ 6m @ 14.10g/t from 323m (RCDD22OKV444)
Slide 9: Regional Exploration Potential
Regional Exploration Potential ❑ Dominant land position of 1,639 km² covering a north-west trending zone of granitoid intrusions; ❑ Multiple Gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium). Antrong North Phnom Ktung Licence (Earn
Slide 10: Memot Gold Project – Ongoing Maiden Drilling Programme
Memot Gold Project – Ongoing Maiden Drilling Programme Refer to the Company’s ASX Announcements dated 29 July 2022, 30 January 2022, 29 April 2022. ASX: EMR | www.emeraldresources.com.au 10
Slide 11: Memot Gold Project – Ongoing Maiden Drilling Programme
Memot Gold Project – Ongoing Maiden Drilling Programme Drilling results on the Memot Gold Project include the following: Historical Results Recent EMR results ▪ 0.3m @ 145.00g/t from 14.2m (ML3); ▪ 1m @ 37.20g/t from 33m (DD21MMT005); ▪ 3.54m @ 10.30g/t from 0m (ZK8-1); ▪ 1m @ 31.70g/t from 49m (DD2
Slide 12: Australian Exploration Upside
Australian Exploration Upside Bullseye Mining Limited (Emerald ~60% with takeover underway) ▪ Two projects with 1,200 km² of prospective tenure; ▪ North Laverton Gold Project 800km2 of tenure covering entire Dingo Range Greenstone Belt; ▪ 6.4km Boundary Bungarra mineralised zone; ▪ Additional resour
Slide 13: Bullseye Projects and Location
Bullseye Projects and Location ▪ Bullseye hold three Western Australian gold projects totaling in excess of 1,200km2 of highly prospective gold tenure; ▪ Their most advanced project is the North Laverton Gold Project: - located in Western Australia, within one of the worlds richest and most establis
Slide 14: North Laverton – Boundary-Bungarra Prospect
North Laverton – Boundary-Bungarra Prospect The North Laverton Gold Projects most advanced prospect is the Boundary-Bungarra Prospect:- ▪ Four granted mining licences covering 36km2 over the Boundary-Bungarra Prospect; ▪ JORC compliant resource calculated in 2015 based on limited shallow (average to
Slide 15: North Laverton – Boundary-Bungarra Prospect
North Laverton – Boundary-Bungarra Prospect ▪ 98,000m resource definition drilling programme underway; ▪ Following up existing significate results across ~114,000m of existing drilling completed to an average depth of ~120m. Significant intersections over the Boundary-Bungarra Prospect to date inclu
Slide 16: North Laverton – Boundary-Bungarra Long Sections
North Laverton – Boundary-Bungarra Long Sections Long Section of the Boundary, Neptune and Stirling Prospects Refer to the Company’s ASX Announcement dated 15 July 2022. ASX: EMR | www.emeraldresources.com.au 16
Slide 17: North Laverton – Boundary-Bungarra Long Sections
North Laverton – Boundary-Bungarra Long Sections Long Section of the Hurleys and Bungarra Prospects Refer to the Company’s ASX Announcement dated 15 July 2022. ASX: EMR | www.emeraldresources.com.au 17
Slide 18: Environmental & Social Values
Environmental & Social Values Emerald is to have a (net) positive impact on near-mine environmental and social values through: ▪ Setting the benchmark for an environmentally & socially responsible, sustainable and transparent mining industry in Cambodia; ▪ Commitment to carbon neutral operations in
Slide 19: Key Takeaways
Key Takeaways RIGHT ▪ Board and management team - development and operation - with a history of TEAM delivery: - A history of success spanning ~ 30 years; - In house development team delivered 5 projects in Australia, Cambodia and Ivory Coast in past 15 years; - All 5 projects delivered on time and
Slide 20: Thank You
Thank You ASX: EMR | www.emeraldresources.com.au 20
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