Tanami Gold Nl · ASX:TAM
Tanami Gold Nl — Investor Presentation (May 2009)
32 slides from Tanami Gold Nl's investor presentation, May 11, 2009
Slide 1: Emerging Producer
For personal use only Emerging Producer
Slide 2: Disclaimer
Disclaimer 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. Such forward-looking statements: à are necessarily based upon a number o
Slide 3: Tanami Gold NL Summary
Tanami Gold NL Summary For personal use only An emerging 50k oz producer Future strong cash flows Minimal Capex required Strong on-site management Greenfields operations World class geological setting Tanami Gold NL - Emerging Producer May 2009 3
Slide 4: Location of Tanami Operations
Location of Tanami Operations For personal use only Tanami Gold NL - Emerging Producer May 2009 4
Slide 5: Coyote Mine Site
Coyote Mine Site For personal use only Tanami Gold NL - Emerging Producer May 2009 5
Slide 6: Capital Structure
Capital Structure Fully paid shares 3.54 billion For personal use only Unlisted options 43.4 million Cash & gold [31 Mar’09] $3.6 million Debt $6.0 million No hedging Major shareholders [approx. %] Allied Properties Resources 25.1% Sun Hung Kai Investments 8.3% Eurogold 3.7% Market cap [as
Slide 7: Share Price Performance
Share Price Performance For personal use only Tanami Gold NL - Emerging Producer May 2009 7
Slide 8: Key Milestones Achieved
Key Milestones Achieved All major infrastructure in place For personal use only à 250k tpa plant à 140 person camp à Airstrip à Power – water à Roads Underground development well advanced Coyote mineralisation model confirmed Stoping operations underway Open pit operations nearing higher g
Slide 9: Reserves and Resources
Reserves and Resources Indicated & Inferred Resources As at 31 December 2008 For personal use only Deposit Tonnes Grade (g/t) Total ozs Coyote 708,000 11.5 261,000 Bald Hill 1,803,000 2.9 168,000 Probable Ore Reserves As at 30 June 2008 Deposit Tonnes Grade (g/t) Total ozs Coyote 275,000 13.1 116,00
Slide 10: Quarter Production Summary
Quarter Production Summary For personal use only UNDERGROUND OTHER TOTAL Gold Average Grade Grade Grade Qtr Tonnes g/t Ounces Tonnes g/t Ounces Tonnes g/t Ounces Recovery Sales Price/oz Ozs $A Sep 08 7,822 9.1 2,206 15,929 4.2 2,055 23,751 5.8 4,261 96.4 8,751 $985 Dec 08 16,540 6.1 3,120 27,671 1.0
Slide 11: Quarterly Gold Production
Quarterly Gold Production For personal use only Ounces Au 10,000 8,000 6,000 4,000 2,000 0 Sept 2008 Dec 2008 March 2009 June 2009 forecast Tanami Gold NL - Emerging Producer May 2009 11
Slide 12: For personal use only
For personal use only Tanami Gold NL - Emerging Producer May 2009 12
Slide 13: Underground Mining
Underground Mining UG Development reaches 243 level For personal use only à 150 m below surface Multiple mineralised quartz veins à Av grade 243 East Drive 12g/t @ 4.5 m wide New “Tanacut” mining method proving successful Back-up for all UG equipment à 3xJumbo’s, 5xLHD’s plus back-up ancilla
Slide 14: Coyote Mine Site
Coyote Mine Site For personal use only Tanami Gold NL - Emerging Producer May 2009 14
Slide 15: Coyote Schematic Plan View
Coyote Schematic Plan View For personal use only Tanami Gold NL - Emerging Producer May 2009 15
Slide 16: Coyote Schematic Long Section
Coyote Schematic Long Section For personal use only Tanami Gold NL - Emerging Producer May 2009 16
Slide 17: Gonzales Schematic Cross Section
Gonzales Schematic Cross Section 310RL single vein For personal use only 280RL four veins 243RL multiple veins Tanami Gold NL - Emerging Producer May 2009 17
Slide 18: Plan – 266L and 255L Ore Drives
Plan – 266L and 255L Ore Drives For personal use only Tanami Gold NL - Emerging Producer May 2009 18
Slide 19: "Tanacut" Mining Method
“Tanacut” Mining Method For personal use only Tanami Gold NL - Emerging Producer May 2009 19
Slide 20: The Future?
The Future? For personal use only Tanami Gold NL - Emerging Producer May 2009 20
Slide 21: For personal use only
For personal use only Tanami Gold NL - Emerging Producer May 2009 21
Slide 22: Open Pit Operations
Open Pit Operations For personal use only Commenced open pit operations early January Initial mining impeded by à weather à previously blasted ground Good team in place Grade increases at depth Bald Hill pits looking positive Tanami Gold NL - Emerging Producer May 2009 22
Slide 23: Coyote Open Pit
Coyote Open Pit 2 For personal use only ORE OUTLINE Tanami Gold NL - Emerging Producer May 2009 23
Slide 24: Coyote Open Pit
Coyote Open Pit 2 For personal use only ORE OUTLINE Tanami Gold NL - Emerging Producer May 2009 24
Slide 25: Coyote Process Plant
Coyote Process Plant For personal use only Tanami Gold NL - Emerging Producer May 2009 25
Slide 26: Our Greatest Challenge
For personal use only Our Greatest Challenge Tanami Gold NL - Emerging Producer May 2009 26
Slide 27: Landholding
Landholding For personal use only Tanami Gold NL - Emerging Producer May 2009 27
Slide 28: Tanami Gold District
Tanami Gold District For personal use only Tanami Gold NL - Emerging Producer May 2009 28
Slide 29: Western Tanami Project
Western Tanami Project For personal use only Tanami Gold NL - Emerging Producer May 2009 29
Slide 30: Issues and Risks
Issues and Risks Current market conditions and flow on effects For personal use only Gold price volatility and costs [both opex. and capex.] UG drill spacing [drill spacing too wide, in places plus 25m x 25m] LOM plan dependant on the results of current development program. Increase UG wat
Slide 31: The Path Forward
The Path Forward For personal use only Phase I Phase II Consolidate: 50koz Î +70koz STAGE I Tanami Gold Operations • Multiple ore sources • Exciting potential Tanami Gold NL Recommence • Fund from cashflow STAGE II • Bring new discoveries online (TAM) exploration asap • Coyote remains 1st priority •
Slide 32: Competent Person's Statement
Competent Person’s Statement The information in this presentation that relates to Exploration Results & Mineral For personal use only Resources is based on information compiled by Mr Tim Smith who is a member of the Australian Institute of Geoscientists and is a full-time employee of Tanami Gold NL.