Tanami Gold Nl · ASX:TAM
Tanami Gold Nl — Investor Presentation (April 2010)
28 slides from Tanami Gold Nl's investor presentation, Apr 22, 2010
Slide 1: Production, Performance, Potential
For personal use only ASX:TAM Production, Performance, Potential… Building a 200,000oz per annum Australian gold producer April 2010
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement Disclaimer & Forward-Looking Statements For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Tanami Gold NL and its projects, are forward-looking statements. S
Slide 3: A Snapshot
A Snapshot... Unhedged 50,000oz pa production at Western Tanami Operations (WA): For personal use only ¾ Aiming to grow production by 20-50% with plant upgrade $22M acquisition of Central Tanami Gold Project from Newmont: ¾ JORC resource of 516,000oz and 1.2Mtpa treatment plant Targeting 200,0
Slide 4: Corporate
For personal use only Corporate Item Value Share Price 5.6 cents1 Shares Outstanding 3.54 billion Market Capitalisation $198.0 million Cash and cash equivalents $9.8 million2 Debt $52.5 million2 Enterprise Value $221 million2 Board Denis Waddell – Non Executive Chairman Graeme Sloan – Managing D
Slide 5: Location of Tanami Operations
For personal use only Location of Tanami Operations Western Australia The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 5
Slide 6: Key Assets
For personal use only Key Assets Western Tanami Operations Exploration Portfolio (100%) Western Australia 250,000 tpa treatment plant ~ 2,500 km2 of tenements 50,000oz pa production Focus on production & brownfields prospects 422,000oz resources @ 5.3g/t Au Multiple prospects within
Slide 7: Key Assets
For personal use only Key Assets Central Tanami Project Purchase price $43/oz [no value assigned to treatment plant/infrastructure/exploration] 1.2Mtpa treatment plant Extensive infrastructure 516,000oz resources @ 2.7g/t Au (Oct 2001) ~ 2,000km2 of exploration tenements The Tanami Trio
Slide 8: Key Assets
For personal use only Key Assets 22% Ownership of ABM Resources NL ~30,000 km2 of exploration tenements ABM spending $10M in two years Specialised exploration team to focus on greenfields prospects The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration po
Slide 9: Western Tanami Operations
For personal use only Western Tanami Operations ~ 50,000oz pa production Ore sourced from high-grade Coyote U/G and Bald Hill open pit operations [Sandpiper & Kookaburra] Surface ore ROM +100kt @ 2.7g/t Proposed upgrade of Western Tanami treatment plant [350Ktpa - 650Ktpa] Significant new
Slide 10: Western Tanami Operations
For personal use only Western Tanami Operations Direction of Plunge The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 10
Slide 11: Coyote – Schematic Long Section
Coyote – Schematic Long Section High-grade mine with outstanding growth potential For personal use only Indicated and Inferred Resources of 629,000 tonnes @ 12.2g/t Au for 246,000oz (30 June 2009) The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration poten
Slide 12: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 12
Slide 13: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 13
Slide 14: Coyote – Schematic Long Section
Coyote – Schematic Long Section A high-grade mine with outstanding growth potential For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 14
Slide 15: Bald Hill Satellite Operations
For personal use only Bald Hill Satellite Operations Located 35km north of Central Tanami treatment plant Two open pits – Sandpiper and Kookaburra Mining undertaken in a staged approach Excellent grade and tonnage reconciliations being achieved Significant exploration success highlighting
Slide 16: Sandpiper
Sandpiper A high-grade open pit For personal use only mine with outstanding growth potential Current Indicated and Inferred Resource: 792,000t @ 3.4g/t Au for 88,000ozs Recent drilling strengthens resource potential below open pit: 15.1m @ 6.1g/t Au incl 8.8m @ 9.6g/t 5.0m @ 7.3g/t Au [latest
Slide 17: Central Tanami Project
For personal use only Central Tanami Project Acquired from Newmont for $22M Part of broader $32.8M acquisition with ABM Resources Acquisition includes: 516,000oz JORC Resource (2001) 1.2Mtpa treatment plant and extensive infrastructure ~ 2,000 km2 exploration package ~ 2.1Moz historic
Slide 18: Central Tanami Project
For personal use only Central Tanami Project 2.1Moz historic production endowment Located 130km west of world-class Callie-Granites production centre 21 Mineral Leases (125km2) 16 Exploration Licences (~2,000km2) 43 open pits (40 to 120m in depth) Substantial production from Groundrush (
Slide 19: Hurricane-Repulse
For personal use only Hurricane-Repulse The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 19
Slide 20: Hurricane-Repulse
For personal use only Hurricane-Repulse The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 20
Slide 21: Carbine
For personal use only Carbine The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 21
Slide 22: Groundrush Open Pit
For personal use only Groundrush Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 22
Slide 23: Central Tanami Project – Resources
Central Tanami Project – Resources 516,000oz JORC resources last estimated in 2001 For personal use only Resources being re-optimised at current gold price – due mid-2010 Measured Indicated Inferred Total Deposit Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Grade (g/t) Tonnes (g/t) (g/t)
Slide 24: Central Tanami Proposed Development Schedule
Central Tanami Proposed Development Schedule For personal use only The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 24
Slide 25: Summary ... realising our potential
Summary ... realising our potential Aiming to become a leading mid-tier gold producer and dominant For personal use only player in Australia by: Maintaining experienced and dedicated management team [runs on the board] Growing gold production from Tanami Operations - 50,000 to 200,000oz pa B
Slide 26: Tanami Gold NL
For personal use only Tanami Gold NL “Tanami Gold’s tenements in the Tanami-Arunta Province in Western Australia and the Northern Territory, have the potential to host world class gold deposits comparable to Newmont’s Callie-DBS deposits.” T. Campbell McCuaig (FSEG, MAusIMM, MAIG, MGSA, MSGA) Direct
Slide 27: Production, Performance, Potential
For personal use only ASX:TAM Production, Performance, Potential… Building a 200,000oz per annum Australian gold producer The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential April 2010
Slide 28: Sandpiper Diamond Drilling Hole Locations and Significant Intersections
Tanami Gold NL – Sandpiper Sandpiper Diamond Drilling Hole Locations and Significant Intersections For personal use only Hole Collar Collar Collar Depth Collar RL Collar Dip Hole Depth Depth To Width Grade g/t Number Easting Northing Azimuth From 112.5 115.3 2.8 2.4 SPDD1 485902 7834137 374 ‐60 180