Focus Minerals Ltd · ASX:FML
Focus Minerals — Shareholder Meeting (May 2022)
14 slides from Focus Minerals's shareholder meeting presentation, May 27, 2022
Slide 1: Transitioning from Explorer to Producer – AGM Presentation
Focus Minerals Ltd For personal use only Transitioning from Explorer to Producer AGM Presentation May 2022 CNX East Wall, Coolgardie, Western Australia
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. For personal use only The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 3: WA's next multi-asset, long-life gold producer – Introduction
WA’s next multi-asset, long-life gold producer Introduction For personal use only • Focus have a track record of cost-effective delivery of Mineral Resources • Exploration has delivered two significant project areas for development – Coolgardie and Laverton districts. • Focus is now well positioned
Slide 4: Two significant projects in a Tier 1 mining jurisdiction
WA’s next multi-asset, long-life gold producer Two significant projects – in a Tier 1 mining jurisdiction For personal use only Coolgardie District – potential near-term return to production • 141km2 highly prospective tenements • Total Mineral Resource base comprises: 42.2MT @ 1.9 g/t Au for 2.6 Mo
Slide 5: Exploration to invest in our future
Exploration to invest in our future Coolgardie drilling for resource development/feasibility For personal use only Coolgardie Drilling during full year 2021: • 38 RC holes 7,136m • 31 RC pre-collars 3,603m • 28 DD holes 6,735.1m • 31 DD tails 3,856.3m • RC Hydrogeology 2,244m • Auger soil sites 4,54
Slide 6: A busy year for Exploration, our investment delivers
A busy year for Exploration, our investment delivers Coolgardie drilling and resource development since our last AGM For personal use only Added 127,000oz to Coolgardie Mineral Resource since the last AGM CNX – multi-rig drilling underway at • CNX +28% increase Coolgardie in May • Alicia Main Zone o
Slide 7: A busy year investing in Laverton's future
A busy year investing in Laverton’s future Laverton drilling and resource development since our last AGM For personal use only At Laverton, Resource additions since the last AGM Added 105,900oz to Total Mineral Resource base: • Beasley Creek +7% overall increase (+13% indicated) • Beasley Creek Sout
Slide 8: A busy year investing in Laverton's future
A busy year investing in Laverton’s future Laverton drilling and resource development since our last AGM For personal use only At Laverton, Drilling during full year 2021: • 105 RC holes 13,647m • 15 DD holes 2,844.7m • SAM surveys Lake Carey Significant Lake Carey Intersection in favourable structu
Slide 9: Coolgardie – Return to Production
Coolgardie – Return to Production Coolgardie Development Plan is well advanced For personal use only • The 2020 PFS provided a platform to refine the mine production plan at the Coolgardie Gold Project • Diligent work delivering optimised open pit mine designs with inclusion of updated mining contra
Slide 10: Coolgardie Open Pit Optimisation
Coolgardie Open Pit Optimisation Improving the Mining economics For personal use only Optimised Mine designs were completed for: • Greenfields OP • CNX Stage 1 OP • Brilliant South OP (Underway) • Big Blow OP • Greenfields OP redesigned for improvement in strip ratio and faster mining as a single st
Slide 11: TMH Plant Refurbishment
TMH Plant Refurbishment Recommissioning Plan Developed For personal use only • A full review of the 2020 PFS mill refurbishment plan was completed with the following outcomes – • The initial cost estimate of $28M for refurb of the TMH facility had underestimated the whole of project capital cost. •
Slide 12: Coolgardie - Return to Production
Coolgardie - Return to Production Focus has a solid Development Plan for Coolgardie For personal use only • Mineral Reserve update for the project will be completed in coming months • Mine design optimisation is expected to deliver robust and improved Life of Mine Plan • Mining Proposal submissions
Slide 13: Resourcing the Development Plan
Resourcing the Development Plan Stakeholder Support For personal use only • Focus Development Plan provides for support of local communities wherever possible. • Effective management of personal, environmental, community and commercial risk will deliver benefit to all stakeholders. • Focus was succe
Slide 14: For more information please contact
WA’s next multi-asset, long-life gold producer For personal use only For more information please contact: Nicholas Ong Company Secretary M: +61 8 9215 7888 E: info@focusminerals.com.au Office Address: Level 2, 159 Adelaide Terrace, East Perth, WA 6004 Postal Address: PO Box 3233, East Perth, WA 6892