Aurelia Metals Limited · ASX:AMI

Aurelia Metals — Investor Presentation (January 2021)

26 slides from Aurelia Metals's investor presentation, Jan 29, 2021

  1. Slide 1: Aurelia Metals Investor Presentation

    ~— aurelia METALS Ltd. Aurelia Metals Investor Presentation ASX: AMI This presentation has been approved for release by the Board of Directors of Aurelia Metals

  2. Slide 2: Forward looking statements

    Forward looking statements This presentation has been prepared by Aurelia Metals Limited ("AMI" or the “Company’). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those

  3. Slide 3: Corporate snapshot

    Corporate snapshot Major shareholders Mitsubishi UFJ Eley Griffiths Perennial Value Platypus Van Eck Colonial First State Shareholder register composition = Australian institutions m International institutions = Other <3 auretia ‘ METALS Led. ASX: AMI Share price (28 January 2021) A$0.405 Shares on

  4. Slide 4: The Aurelia portfolio

    The Aurelia portfolio Three cashflow producing assets concentrated in NSW with a focus on gold ak mine Production FY20A. koz 47 Production FY21F koz 58 - 64 AISC FY20A AS/oz 1,737 AISC FY21F A$/oz 1,000 1,150 Ore Reserves? koz 247 NEW SOUTH Reserve grade g/t 2.3 WALES Mineral Resources! koz 537 7 Re

  5. Slide 5: Current year performance and outlook

    For personal use only aurelia METALS Ltd. Current year performance and outlook

  6. Slide 6: Group TRIFR and Group Gold and Base Metal Production

    Group TRIFR (12 Month Moving Average) For personal use only ▪ ▪ ▪ ▪ ▪ ▪ Group Gold and Base Metal Production ▪ ▪

  7. Slide 7: FY20 and FY21 production and costs

    For personal use only FY20 FY21 FY20 FY21

  8. Slide 8: Updated FY21 guidance

    Updated FY21 guidance Lower expected AISC and inclusion of Dargues FY21 group updated FY21 Dargues FY21 group updated COROT (incl Dargues) (17 Dec 20-30 Jun 21) (excl Dargues) (2 teu p ae FY20 group actual Gold (koz) 100 - 113 20-23 80-90 80-90 92 Lead (kt) 21.9- 24,4 - 21.9- 24.4 21.9- 24.4 216 Zin

  9. Slide 9: Unlocking value

    For personal use only aurelia METALS Ltd. Unlocking value

  10. Slide 10: Key short term value drivers

    Key short term value drivers auretia “- METALS Led. BH & Investing in business sustainability Ramp-up and extend Dargues Deliver Kairos and drive Peak efficiencies Take Federation to the next level

  11. Slide 11: Investing in business sustainability

    El Investing in business sustainability Durability and longevity essential for value creation Safety Aurelia Metals - Safe Metals program Driving a 50% reduction in TRIFR over 2 years Certainty in the controls for fatal hazards Environment Aurelia Metals - Green rules program Certainty in the contro

  12. Slide 12: Ramp-up and extend Dargues

    Ramp-up and extend Dargues Transition well advanced and platform set = Acquired 100% of Dargues Gold Mine in south-east NSW in Dec 2020 = Currently in operational ramp-up phase = Expected to produce an average of 45 - 55koz gold p.a. at average AISC of A$1,150- 1,350/oz over the next 5 years" = On-s

  13. Slide 13: Integrate, ramp-up and extend Dargues

    Integrate, ramp-up and extend Dargues Ramping up through 2H FY21 KEY DARGUES OPERATIONAL PARAMETERS = Dargues contribution to December 2020 quarter a . . Mi result was limited to Aurelia’s economic om ined (Konnes) we Grade Processed (g/t) ownership period (from 17 December 2020) 180,000 : — } Poy 1

  14. Slide 14: Dargues exploration and drilling

    For personal use only ▪ ▪ ▪ targeted drilling program has commenced ▪

  15. Slide 15: Deliver Kairos and drive Peak efficiencies

    Deliver Kairos and drive Peak efficiencies Significant economic contributors to FY22 performance Development and ventilation of Kairos orebody in full swing = — First stoping ore from Kairos expected in April 2021 = Significant, high-NSR ore source (with strong gold tenor) = Increase Peak mine throu

  16. Slide 16: For personal use only

    For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪

  17. Slide 17: Take Federation to the next level

    I Take Federation to the next level —wsw ENE eo « * fone 0% Pt Sa eaaroe tte “ingot oyna . 2 . aac ae bis ‘in@ 74020 osha ~ ae - Es eS Le = =| iene — a | SES ’ Ber same acters seta 2 & . .™ Z a SEEGER its “mate 21 = Simp inert as hens ‘= omen fe meee © essen Fae oot © Sener n es r eae auretia eae Oa

  18. Slide 18: Key strategic value drivers

    Key strategic value drivers auretia “S- 1 | Existing Operations Progression

  19. Slide 19: For personal use only

    For personal use only 400 400 350 350 300 300 250 250 200 200 150 150 100 100 50 50 0 0 Y0 Y1 Y2 Y3

  20. Slide 20: For personal use only

    For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪

  21. Slide 21: For personal use only

    For personal use only ▪ ▪ ▪ ▪ ▪ ‒ ‒ ‒ ‒ ‒ ▪ ▪ ▪ ▪ ‒ ‒ ‒ ‒ ‒

  22. Slide 22: For personal use only

    For personal use only aurelia METALS Ltd.

  23. Slide 23: Summary

    Summary Ajuo SSN [euosied 10} aurelia

  24. Slide 24: Contact

    For personal use only Contact Telephone: +61 7 3180 5000 Email: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com.au aurelia METALS Ltd. +

  25. Slide 25: Appendix: Ore Reserves

    Appendix: Ore Reserves Peak (30 June 2020) Tonnes | NSR Au Cu zn Ag cies ten La | | | a | Hera (30 June 2020) Tonnes NSR Au zn Ag i Proved 339 169 1.1 18 0.4 07 12 Proved 183 Probable 2,992 251 24 0.8 3.0 3.2 7 Probable 555 187 14 3.0 48 49 Total 3,331 243 2.3 0.9 2.8 2.9 16 Total 1,197 185 1.4 3.0

  26. Slide 26: Appx: Mineral Resources

    Dargues (15 March 2017) Appx: Mineral Resources Measured 113 Indicated 740 74 175 Peak (30 June 2020) Inferred 290 65 60 kt) AS/t g/t) an Measured 1,749 197 18 n Federation (30 June 2020) Inferred 3,065 183 1.0 18 0.3 0.4 7 Indicated 121 9 Total 11,351 205 15 14 1.0 1.2 10 Inferred 2,489 372 08 77 1

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