Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Diggers & Dealers 2019
28 slides from Ramelius Resources's conference presentation, Aug 5, 2019
Slide 1: Breaking Into A Gallop
Ramelius Resources Limited For personal use only Mark Zeptner Managing Director ASX:RMS “BREAKING INTO A GALLOP” August 2019 DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 1
Slide 2: Qualification: Forward Looking Statements
QUALIFICATION Forward Looking Statements For personal use only This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd’s (Ramelius) financial condition, results of operations, production targets and other matters that are subject to various risks and unce
Slide 3: Corporate Summary
CORPORATE SUMMARY Key Metrics Share Price Performance For personal use only $1.10 55 ➢ Shares on Issue: 658M Millions $1.00 1 Moz Mine Plan 50 ➢ Market Cap @ $1.01/sh: $664M $0.90 Explaurum 45 Acquisition $0.80 40 Complete ➢ Cash & Gold*: $106.8M $0.70 35 ➢ Debt: Nil $0.60 30 $0.50 FY2020 Mine Explo
Slide 4: Project Locations & Key Metrics
PROJECT LOCATIONS & KEY METRICS Total Resources & Reserves1 (as at 30 June 2018) For personal use only ➢ Mineral Resources 3.476Moz ➢ Total Ore Reserves 0.698Moz Initial Marda Resources & Reserves2 (released 17 June 2019) ➢ Mineral Resources 0.330Moz ➢ Total Ore Reserves 0.089Moz Initial Tampia Reso
Slide 5: Mt Magnet Production Centre
MT MAGNET PRODUCTION CENTRE ✓ Comprises a number of open pit and For personal use only underground operations ✓ Complemented by high grade ore hauled from the Vivien underground mine ✓ Reliable ~2.0Mtpa mill throughput ✓ FY19 production of 114,840oz Au at AISC of 1,149/oz* ✓ Keeps delivering Resourc
Slide 6: Edna May Production Centre
EDNA MAY PRODUCTION CENTRE ✓ Comprises the Edna May underground For personal use only operation, Greenfinch open pit project and substantial low/medium grade stockpiles, all within 1km radius ✓ 2.7Mtpa production centre to deliver increased margins from FY21 ✓ FY19 production of 81,839oz Au at AISC
Slide 7: Long Term Production Outlook – One Million Ounces Over Years
LONG TERM PRODUCTION OUTLOOK* – ONE MILLION OUNCES OVER 5 YEARS ✓ FY19 production confirmed For personal use only 200,000oz production rate ✓ FY20 production guidance of 205-225,000oz1 ✓ Track record of delivering on guidance ✓ Exploration contributes to mine life extension and “rolling plan” ✓ Exce
Slide 8: Exploration Upside
For personal use only EXPLORATION UPSIDE DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 8
Slide 9: Exploration - Mt Magnet
EXPLORATION - MT MAGNET ✓ Mt Magnet continues to deliver For personal use only ✓ New Eridanus open pit 4km south of Hill 50/Galaxy area ✓ Initial Ore Reserve of 2.1Mt @ 1.2 g/t Au for 85,000oz ✓ Porphyry host with 60m wide granodiorite mineralised to 300mbs ✓ Both underground and open pit potential
Slide 10: Exploration - Vivien
EXPLORATION - VIVIEN ✓ Deeper diamond drilling produced For personal use only excellent, high-grade results: ▪ 4m (2.50m) at 33.2 g/t Au ▪ 6.8m (4.50m) at 17.1 g/t Au ✓ New high-grade results*: ▪ 4.9m (3.3m) at 11.6 g/t Au ▪ 5.7m (3.0m) at 15.4 g/t Au ▪ 3.7m (2.6m) at 7.0 g/t Au ▪ 4.1m (2.5m) at 6.8
Slide 11: Exploration - Edna May Underground
EXPLORATION - EDNA MAY UNDERGROUND ✓ Ore development currently in For personal use only progress, stoping to commence ✓ High grade Jonathan and Fuji Lodes below current Ore Reserve*: ▪ 7m at 4.93 g/t Au from 521m ▪ 7m at 8.95 g/t Au from 508m ▪ 5.4m at 5.67 g/t Au from 480m ▪ 4m at 3.99 g/t Au from
Slide 12: Exploration - Edna May Regional
EXPLORATION - EDNA MAY REGIONAL ✓ Edna May itself delivering impressive returns: For personal use only ▪ A$76.8M cash generated from operations on A$38.4M purchase price in 21 months ✓ Symes’ Find initial Mineral Resource estimate of 0.54Mt @ 1.9g/t Au for 34,000oz Au* ✓ The first significant discov
Slide 13: Project Development Update
For personal use only PROJECT DEVELOPMENT UPDATE DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 13
Slide 14: Marda – Development Underway
MARDA – DEVELOPMENT UNDERWAY ✓ Key haulage approvals imminent For personal use only ✓ Mining works to commence in August 2019 ✓ Haulage to Edna May late September 2019 ✓ Initial Mineral Resource and Ore Reserve* ▪ Resource 4.8Mt @ 2.0g/t Au for 300,000oz Au ▪ Reserve 1.1Mt @ 2.4g/t Au for 89,000oz A
Slide 15: Tampia - Development Pathway Selected
TAMPIA - DEVELOPMENT PATHWAY SELECTED ✓ Strategic Review completed June 2019 For personal use only Tampia haulage route option ✓ Haulage model delivers superior NPV & IRR ✓ Initial Mineral Resource and Ore Reserve* ▪ Resource of 8.2Mt @ 1.7g/t Au for 460,000oz Au ▪ Reserve of 2.2Mt @ 2.8g/t Au for 2
Slide 16: 2019 Outlook
2019 OUTLOOK For personal use only August 2019 • Earnings results for FY2019 including any dividends • Marda project permitting & commencement September 2019 • Annual Resources & Reserves Statement • Vivien extension resource modelling results • 2019 Annual Report publication October 2019 • Septembe
Slide 17: Strategic Focus
STRATEGIC FOCUS For personal use only Operational Excellence • Continue to focus on meeting guidance and controlling costs • Ensure new developments deliver the best possible returns High Impact Exploration • A$20M exploration budget – Mt Magnet and Edna May • Continue to explore opportunities aroun
Slide 18: Thank You, Come and See the Team at Booth
THANK YOU, COME AND SEE THE TEAM AT BOOTH 9 For personal use only DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 18
Slide 19: Mineral Resource Statement
MINERAL RESOURCE STATEMENT For detailed information relating to Mineral Resources see ASX Release (RMS) 18 Sept 2018, ‘Resources and Reserves Statement 2018’. For personal use only The Company confirms that it is not aware of any new information or data that materially affects the information includ
Slide 20: Ore Reserve Statement
ORE RESERVE STATEMENT For detailed information relating to Ore Reserves see ASX Release (RMS) 18 Sept 2018, ‘Resources and Reserves Statement 2018’. For personal use only The Company confirms that it is not aware of any new information or data that materially affects the information included in this
Slide 21: Appendix: Board and Management
APPENDIX: BOARD AND MANAGEMENT Board For personal use only Kevin Lines Non Executive Chairman Mark Zeptner Managing Director Mike Bohm Non Executive Director David Southam Non Executive Director Richard Jones Manager Legal / Company Secretary Management Duncan Coutts Chief Operating Officer Tim Mann
Slide 22: Vivien Exploration Results
VIVIEN EXPLORATION RESULTS Vivien U/G Diamond Drilling Results For personal use only F/Depth Interval Hole Id Easting Northing Az/Dip RL From (m) To (m) g/t Au (m) (m) VVDD1101 261183 6903122 356/-54 146 305.8 NSR VVDD1103 261182 6903123 344/-24 147 231.0 200.9 204.6 3.7 7.01 VVDD1108 261182 6903122
Slide 23: Vivien Exploration - JORC Table
VIVIEN EXPLORATION - JORC TABLE 1 Section 1 Sampling Techniques and Data For personal use only DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 23
Slide 24: Vivien Exploration Results JORC Table
VIVIEN EXPLORATION RESULTS JORC TABLE 1 For personal use only DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 24
Slide 25: Vivien Exploration Results JORC Table
VIVIEN EXPLORATION RESULTS JORC TABLE 1 For personal use only DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 25
Slide 26: Vivien Exploration Results JORC Table
VIVIEN EXPLORATION RESULTS JORC TABLE 1 For personal use only Section 2 Reporting of Exploration Results DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 26
Slide 27: Vivien Exploration Results JORC Table
VIVIEN EXPLORATION RESULTS JORC TABLE 1 For personal use only DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 27
Slide 28: Vivien Exploration Results JORC Table
VIVIEN EXPLORATION RESULTS JORC TABLE 1 For personal use only DIGGERS & DEALERS • KALGOORLIE • AUGUST 2019 28