Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Shareholder Meeting (November 2006)
36 slides from Ramelius Resources's shareholder meeting presentation, Nov 24, 2006
Slide 1: Managing Director's Presentation – AGM 2006
MANAGING DIRECTOR’S PRESENTATION – AGM 2006 Good morning Ladies and Gentlemen, It has been a very exciting and rewarding year with the Company making the transition from Explorer to Gold Producer. As foreshadowed at last year’s AGM, the development of the Wattle Dam Gold Mine has started to generate
Slide 2: Cash costs, second treatment campaign and Burbanks acquisition
• Cash Cost per oz estimated as at 31 October 2006 with the current pit concluded at 53.5 metres depth is ~$200/oz, A second treatment campaign is scheduled to commence in December 2006 to treat ~30,000 tonnes of ore and is expected to return ~10,000 oz. or ~$8,000,000 at current gold prices. The mi
Slide 3: Ramelius Resources Limited Annual General Meeting November 2006
RAMELIUS RESOURCES LIMITED ANNUAL GENERAL MEETING NOVEMBER 2006
Slide 4: Capital Structure
CAPITAL STRUCTURE (at 20 September 2006) ISSUED CAPITAL 90,867,900 fully paid ordinary shares 30,940,521 options (18.687c) Expire 31 Dec 07 44,961,190 options (17.5c) Expire 30 June 07 TOP TEN SHAREHOLDERS % Beach Petroleum Limited 13,400,002 14.74 ANZ Nominees Limited 5,540,071 6.10 Sprott Asset Ma
Slide 5: Company Overview
COMPANY OVERVIEW DIRECTORS BOB KENNEDY (Chairman) JOE HOULDSWORTH (Managing Director) REG NELSON (Non Executive) COMPANY MANAGEMENT DOM FRANCESE (Company Secretary) GORDON DUNBAR (Consulting Geologist) BRIAN KELTY (Mine Manager) MATT SVENSSON (Senior Geologist) YVONNE WEISSGERBER (Tenement Manager)
Slide 6: Ramelius Resources Limited
RAMELIUS RESOURCES LIMITED LISTED MARCH 2003 ACHIEVEMENTS Mining Wattle Dam Discovery of Nickel Sulphides at Hilditch Cash Acquisition of Burbanks Treatment Plant FUTURE Evaluate Cut Back & U/G at Wattle Dam Focus Exploration on Spargoville Project Acquisitions Operate our Own Treatment Plant
Slide 7: Objectives
OBJECTIVES • Maintain Revenue from Low Risk/Low Cost Projects for Exploration and Development of Major Projects.
Slide 8: Spargoville Objectives
SPARGOVILLE OBJECTIVES • Accelerate Exploration • Nickel Rights Hilditch 90% Wattle Dam 80% Logans Larkinville 80% • Build on the 280km2, 30km long tenement package
Slide 9: Start of Mining at Wattle Dam Gold Mine
START OF MINING AT WATTLE DAM GOLD MINE
Slide 10: Pit Progress to September 2006
PIT PROGRESS TO SEPTEMBER 2006 41.5m
Slide 11: Pit at Completion 1st November 2006
PIT AT COMPLETION 1ST NOVEMBER 2006 53.5 METRES DEPTH
Slide 12: Matthew Svensson and Brian Kelty
Matthew Svensson Brian Kelty Senior Geologist Mine Manager
Slide 13: #200East
#200East 320KL & steane S300East wersOURCtES ¢ 280RL m 76m @ 14.4g/t Au 3Z0R1 10m @ 66.5g/t Au 2m @ 21.9g/t Au 4m @ 144g/t Au 8m @ 6.8g/t Au 28081 240KL m Pit Outline — August 2006 Proposed Pit Outline mod PLL die | . . - >0.1g4 Au mineralised envelope foe Sree? eee 240RL 6200Eart 62008ast _ , >1.0g
Slide 14: Wattle Dam Gold Mine – Mine Development
WATTLE DAM GOLD MINE at 31st October 2006 MINE DEVELOPMENT (At 53.5 metres depth, mining suspended.) Ore Mined 160,123 t Cumulative (Uncut) Gold Grade 10.1g/t GOLD STOCKS Gold Sales 10,317 oz (sold at an average $823/oz for $8,491,950) Stockpiles (mine & mill) approx 46,000 oz (value $36 million at
Slide 15: Nuggets Recovered from Mill Feed
Nuggets Recovered from Mill Feed
Slide 16: Kilo Slugs From ROM Pad
~Kilo Slugs From ROM Pad
Slide 17: Burbanks Treatment Plant
BURBANKS TREATMENT PLANT A Recent Cash Acquisition 8 kms to Coolgardie Crushing Ball Mill CIP Circuit Water Licence Tailings Disposal Workshops Laboratory
Slide 18: Burbanks Treatment Plant
BURBANKS TREATMENT PLANT • Acquired 180,000 tpa Gold Plant • Funded from Reserves • Advances Cash Flow • Security of Processing Availability • Commissioning Early 2007
Slide 19: Spargoville Project Area
SPARGOVILLE PROJECT AREA •Tenements extend over 30 kilometres strike length •Located Along Regional Shears •Mafic and Ultramafic Rocks
Slide 20: Project geologists and technicians
Florian Schroeter Project Geologist Vicki Molloy Pit Technician Gordon Dunbar Consulting Geologist
Slide 21: Spargoville Project Area
SPARGOVILLE PROJECT AREA • Gold in Soil Geochemistry highlights Gold along the Regional Shears • Some Low Gold values are from Transported Cover
Slide 22: Spargoville Project Area
SPARGOVILLE PROJECT AREA •Note the extent of Transported Cover •Vicinity of Wattle Dam •North Widgiemooltha
Slide 23: Spargoville Project Area
SPARGOVILLE PROJECT AREA Gold in Soil Geochemistry Wattle Dam to North Widgiemooltha not effectively tested by Surface Geochemistry
Slide 24: Spargoville Regional Project Area
SPARGOVILLE REGIONAL PROJECT AREA TARGET AREAS INCLUDE: •Grass Roots Exploration •Follow Up on Previous Results •Advanced Exploration
Slide 25: Central Gold Target
CENTRAL GOLD TARGET An example of a Large Gold in Soil Anomaly cut by Recent Drainage Note – The centre of the anomaly is below the alluvial filled Drainage Channel
Slide 26: Logan's Larkinville Project
LOGAN’S LARKINVILLE PROJECT • Gold in Soil Anomalies • Immediate RAB Drill Target
Slide 27: Ramelius Nickel Rights
RAMELIUS NICKEL RIGHTS Hilditch 90% Wattle Dam 80% Logans Larkinville 80%
Slide 28: Exploration at Hilditch Nickel Project
EXPLORATION AT HILDITCH NICKEL PROJECT
Slide 29: Hilditch Nickel Project
HILDITCH NICKEL PROJECT •Gossans •Drill Intersections > 0.3% Ni •EM Conductors
Slide 30: Hilditch North Drilling
HILDITCH NORTH DRILLING Recent RC Drilling of Geochemical Anomalies
Slide 31: Hilditch North Nickel Prospect
HILDITCH NORTH NICKEL PROSPECT
Slide 32: Black Cat Gold Project
BLACK CAT GOLD PROJECT RAMELIUS *RESOURCES
Slide 33: Black Cat Gold Project
BLACK CAT GOLD PROJECT Black Cat South 45 Resource Definition Holes Black Cat North 36 Resource Definition Holes Global Resource 290,000 tonnes @ 2.7 g/t gold for 25,000 ozs (Indicated and Inferred) Reassess and Re-optimise in light of current gold price
Slide 34: Outlook
OUTLOOK • WATTLE DAM GOLD MINE • PROCESS ORE STOCKPILES AT BURBANKS TREATMENT PLANT • CASHFLOW TO FUND EXPLORATION PROGRAM • EVALUATE CUT-BACK & UNDERGROUND POTENTIAL • OTHER ACTIVITIES • FOCUS ON LARGER GOLD TARGETS AT SPARGOVILLE • EXPAND NICKEL SULPHIDE EXPLORATION AT SPARGOVILLE • REASSESS THE B
Slide 35: MM eT
N22 23-24-26 26- MM eT ny 27 28 29 3) 3 3 RAMELIUS »RESOURCES
Slide 36: Closing remarks
Ladies and Gentlemen, that completes my presentation. In closing, I would like to take this opportunity to thank the Company’s Staff, Consultants and Contractors for their outstanding efforts over the past year. I also thank my fellow directors for their ongoing support and particularly our Company
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