Terramin Australia Limited · ASX:TZN
Terramin Australia — Investor Presentation (October 2019)
22 slides from Terramin Australia's investor presentation, Oct 30, 2019
Slide 1: Terramin Rights Issue
TERRAMIN RIGHTS ISSUE Richard Taylor| CEO Q4 2019
Slide 2: Forward Looking & Competent Person Statements
Forward Looking & Competent Person Statements Disclaimer The material contained in this presentation has been prepared by Terramin Australia Limited (Terramin). It is current as at the date of this presentation. It contains information in a summary form and should be read in conjunction with Terrami
Slide 3: Corporate Update
Corporate Update Corporate Snapshot - 25 October 2019 Board and Management Share on issue 1,869,601,371 Feng Sheng Executive Chairman Market Cap $93M @ $0.05/share Michael Kennedy Non-Executive Vice-Chairman Liquidity 12 Month - (0.01%) Angelo Siciliano Non-Executive Director Enterprise Value $114M
Slide 4: Reasons to Invest in Terramin
Reasons to Invest in Terramin Terramin had a transformational year with the announcement of both the Tala Hamza Definitive Feasibility Study, the updated Bird-in-Hand Scoping Study and BIH Mining Lease application. Highlights 2019 Reasons to Invest Bird-in-Hand (BIH) Scoping Study 2018 Bird-in-H
Slide 5: Why Gold? Why Now?
Why Gold? Why Now? Gold has maintained historically elevated prices reaching record levels in A$ terms of A$2300 in 2019. The strong gold price confirms the potential of BIH to deliver shareholder value Gold Price (AUD) 2016- September 2019 2450 2250 2050 1850 1650 1450 1250 2019 2016 2018 2017 5 So
Slide 6: Terramin South Australia Gold
Terramin South Australia Gold South Australia… A great place to be in gold • SA Government Gold Commodity Strategy to follow successful launch of its ‘Copper Strategy’ • Gold mineralisation widespread and occurs in almost all geological provinces in the state • Currently eight operational or approve
Slide 7: Robust economics – BIH Scoping Study 2018
Robust economics – BIH Scoping Study 2018 Positioned to deliver outstanding returns for investors Key financial metrics Scoping Study 2018 Low costs, strong margin: All in sustaining Commodity Price Metrics1 costs of approximately A$840/oz, positions Gold price – LOM average US$1,225/oz (A$1,700/o
Slide 8: Bird-in-Hand 100% Terramin Owned
Bird-in-Hand 100% Terramin Owned Bird-in-Hand Gold Project has significant exploration upside – deposit open at depth and historic mines highlight the potential along strike. Current Bird in Hand resource stands at 265,000 ounces. Planned Infill drilling Planned Extension drilling 8
Slide 9: Bird in Hand – High Grade Potential
Grade 1 (g/t) 10 12 14 16 18 0 2 4 6 8 Fosterville 1. Gwalia Bird in Hand Nicolsons Waihi Penny's Find Agnew Lawlers Tanami Hera Cracow Mt Carlton Jundee Granny Smith Mount Monger Deflector Kalgoorlie Ops Darlot Challenger Sunrise Dam St Ives Carosue Dam Tomingley Mungari Bird in Hand – High Grade P
Slide 10: Kitticoola High Grade Gold-Copper Joint Venture
Kitticoola High Grade Gold-Copper Joint Venture Terramin entered into an agreement to acquire rights in the historic Kitticoola Private Mine PM53 in January 2019. EPEPR approved and drill ready. Close to Bird-in-Hand and short haul to Angas’ processing hub High grade rock chips: Underground sampli
Slide 11: Terramin – JV on Wild Horse
Terramin – JV on Wild Horse Terramin Wild Horse signed a JV with top-tier Freeport-MacMoRan to test the potential porphyry gold-copper system in 2019. Wild Horse is a bigger anomaly than some of the largest base metals mines in the world Freeport to spend up to $23m over 10 years for a 75% interest
Slide 12: Terramin – JV South Gawler Ranges
Terramin –JV South Gawler Ranges Terramin JV with Freeport to test the potential for IOCG and porphyry gold-copper systems in the South Gawler Ranges. Freeport to earn up to 80% by spending A$8m over ten years Active area: Gawler Craton home to Olympic Dam and current exploration hotspot Large t
Slide 13: Tala Hamza Highlights
Tala Hamza Highlights High grade • Tala Hamza is a high grade zinc and lead operation & large Concentrate production will be significant in global terms scale • • Tala Hamza has a projected mine life of 21 years Long life • Deposit is open to the south and east with near mine exploration potential T
Slide 14: Supportive Economics with competitive cost position
Supportive Economics with competitive cost position Low pre-production capital and highly competitive operating costs, with optimisation potential from already identified expansion cases Key financials and outputs – DFS 2018 2nd Quartile cost curve position(4) Key financial metrics DFS 20183 Commodi
Slide 15: Tala Hamza Overview
Tala Hamza Overview Tala Hamza is one of the largest undeveloped zinc & lead mines in the world and an important part of future supply geared towards meeting projected increases in global zinc demand next decade Overview • World class resource containing 3.5 million tonnes of zinc and lead. • Global
Slide 16: Infrastructure
Infrastructure The Tala Hamza Deposit is located close to the Mediterranean coast, within close proximity to major roads, rail, air, energy & port facilities. The mine site is close to the township of Bejaia and will be served by a drive in drive out workforce underpinned by Terramin’s local recruit
Slide 17: Expansion Case: Increase mining rate 2Mtpa
Expansion Case: Increase mining rate 2Mtpa The Tala Hamza Deposit remains open in multiple areas. Land access achieved through 704150E the grant of the Mining Lease opens up the opportunity for a second access and supports expansion of the processing plant. Drill Pb+Zn% Unfinished business • Tala Ha
Slide 18: Reasons to Invest in Terramin
Reasons to Invest in Terramin Terramin is in the right place at the right time and with the right projects and people to capitalise on a strong price environment for its key commodities. Right Commodity Right Assets Right People • Zinc & lead to recover as • Algeria an emerging • Significant base &
Slide 19: Contact Details
Contact Details For further information please contact: Richard Taylor Main Office CEO & Company Secretary Unit 7, 202-208 Glen Osmond Road, Fullarton, Adelaide South Australia, 5063 T +61 (0) 8 8213 1415 F +61 (0) 8 8213 1416 info@terramin.com.au terramin.com.au 19
Slide 20: Annex: Tala Hamza Resources & Reserves
Annex: Tala Hamza Resources & Reserves Tala Hamza Resource Measured + Indicated Resource Inferred Resource Total Resource 2009 Resource Terramin Tala Hamza Interest (%) Tonnes Zn Pb Tonnes Zn Pb Tonnes Zn Pb (Mt) (%) (%) (Mt) (%) (%) (Mt) (%) (%) Tala Hamza - 51.1 4.87 1.27 17.5 3.7 0.6 68.6 4.6 1.1
Slide 21: Annex: Tala Hamza Resources & Reserves
Annex: Tala Hamza Resources & Reserves Tala Hamza Resource Probable Reserve Total Reserve 2010 Reserve Terramin Tala Hamza Interest (%) Tonnes Zn Pb Tonnes Zn Pb (Mt) (%) (%) (Mt) (%) (%) Tala Hamza - 38.10 4.78 1.36 38.10 4.78 1.36 Total - 38.10 4.78 1.36 38.10 4.78 1.36 Terramin Share 65% 24.80 4.
Slide 22: Annex: Gold, Lead & Zinc Resources
Annex: Gold, Lead & Zinc Resources Bird-In-Hand Resource Indicated Resource Inferred Resource Total Resource 2018 Resource Bird in Hand Tonnes Au Ag Tonnes Au Ag Tonnes Au Au Ag Ag (kt) (g/t) (g/t) (kt) (g/t) (g/t) (kt) (g/t) (koz) (g/t) (koz) Bird in Hand 432 14.4 7.56 220 9.2 2.4 650 12.6 265 5.8
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