Ramelius Resources Limited · ASX:RMS

Ramelius Resources — Investor Presentation (February 2011)

26 slides from Ramelius Resources's investor presentation, Feb 8, 2011

  1. Slide 1: Investor Presentation Feb 2011

    For personal use only The Information in this report that relates to Exploration Results is based on information compiled by Matthew Svensson. Matthew Svensson is a Member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and

  2. Slide 2: Disclaimer

    DISCLAIMER For personal use only This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantl

  3. Slide 3: Company Overview

    Company Overview For personal use only Corporate Details Share Price History ASX Code: RMS Ordinary Shares on Issue: 291M Market Capitalisation: A$294M 12 month share price range: $0.405-1.12 Cash and Gold on Hand: A$86M Current Debt: Nil Enterprise Value: A$208M Directors Major Shareholders Robert

  4. Slide 4: Company Highlights

    Company Highlights For personal use only  Wattle Dam Gold Mine (WA) - High grade gold production - Total cash costs of less than A$500 per oz - Recent drilling confirms mine life upside  Mt Magnet Gold project (WA) - Historic production of 5.6M oz Au - JORC Resources of 3.3M oz and Reserves of 474

  5. Slide 5: Achievements in 2010

    Achievements in 2010 For personal use only  Successful development of Wattle Dam u/g mine   Production of 91,700 oz of gold in 2010   Total cash costs of A$458 per ounce produced   Net Profit of A$20m for 2009/10 year   Capital Return and dividend totalling 7 cps   Acquisition of the Mt M

  6. Slide 6: More value to be added yet!

    More value to be added yet! For personal use only  Low EV per resource ounce compared to peers  Significant value is added as new projects approach production (e.g. Mt Magnet) EV / Resource Ounce $250 $200 $150 $100 $50 $- 6

  7. Slide 7: Production Target Oz p.a.

    Production Target Oz p.a. For personal use only  Estimated production of 90,000 oz in 2010/11  Targeting production of 230,000 oz by 2013/14 1-3 250000 200000 150000 Mt Magnet 100000 Wattle Dam 50000 0 2010/11 2011/12 2012/13 2013/14 1. Pending Exploration Success 2. Targets only (refer to disclai

  8. Slide 8: Project Locations

    Project Locations For personal use only  Located in stable well serviced mining centres 8

  9. Slide 9: Wattle Dam Underground Mine

    Wattle Dam Underground Mine For personal use only 9

  10. Slide 10: Mine Performance

    Mine Performance For personal use only  Australia’s highest grade gold mine (av. 21 g/t Au)  Production of 91,700 oz in 2010  Total cash cost of A$458 per ounce in 2010 (incl. royalties & ongoing development)  Record production of 26,668 oz in Dec Qtr 2010  Mine cash flow of A$25.6m in Dec Qtr

  11. Slide 11: Wattle Dam Mining

    Wattle Dam Mining For personal use only Open Pit  Ore zone is 12m wide and up to 70m long Open Pit  Open Stope with Mined 23 g/t cemented rock fill Mined 20 g/t  Development drives 50-70m long x 6m wide  6m x 6m x 15m stopes  Footwall mined Decline and filled then High Grade Zone hanging wall m

  12. Slide 12: Wattle Dam Deep Drilling

    Wattle Dam Deep Drilling For personal use only deeper holes  Similar results to mining zone 5.5m @ 148 g/t  Further drilling 2m @ 408 g/t has commenced Decline  Decline is being extended to Visible Gold enable new drill Visible Gold positions 25m @ 60.7 g/t  Visible gold in 34m @ 48g/t 15m @ new

  13. Slide 13: Burbanks Gold Treatment Plant (WA)

    For personal use only Burbanks Gold Treatment Plant (WA) 13

  14. Slide 14: Burbanks Gold Plant (WA)

    Burbanks Gold Plant (WA) For personal use only  Milled 135,000 t of Wattle Dam Ore at average grade of 21g/t gold in 2010  91,700 ounces of gold recovered in 2010  Installed Knelson concentrator and Acacia Reactor for high gravity gold  Recoveries of 97% of gold in ore for the 2010 year 14

  15. Slide 15: Mt Magnet Gold Project (WA)

    Mt Magnet Gold Project (WA) For personal use only  Significant past gold producer ~ 5.6M oz  3.3M oz of gold resources (estimated June 2010)  474K oz of open pit gold reserves at A$1150 oz  A further 200K oz gold available in other pits  Targeting production of 100K oz p.a. for 5-7 years  Targ

  16. Slide 16: Mt Magnet Gold Project

    Mt Magnet Gold Project For personal use only  All reserves from open cut mining  Mill and other infrastructure in place  All environmental approvals  Reserves close to existing gold plant  Gas fired power available to site  Start up costs of A$40-45m  Start up costs can be funded from cash fl

  17. Slide 17: Mt Magnet – Forward Plan

    Mt Magnet – Forward Plan * For personal use only Infill resource drilling Completed Drill testing deeper underground targets Ongoing Updated resource model Feb 11 Complete final pit optimisation & design March 11 Decision to recommence production April 11 Refurbishment of plant & pre-strip completio

  18. Slide 18: Mt Magnet Upside – Galaxy

    Mt Magnet Upside – Galaxy  Wide intersections confirmed below pit floor For personal use only  Potential to increase grade by focussing on BIF* *Banded Iron Formation 18

  19. Slide 19: Mt Magnet Upside – Galaxy

    Mt Magnet Upside – Galaxy  Wide high grade intersections at depth (Saturn) For personal use only  Potential for large tonnage zone (Titan) *Banded Iron Formation 19

  20. Slide 20: Mt Magnet Upside – Mercury

    Mt Magnet Upside – Mercury  Wide high grade intersections at depth For personal use only  Hole GXDD0011 extends mineralisation by 100m 20

  21. Slide 21: Mt Magnet Upside – Saturn Deeps

    Mt Magnet Upside – Saturn Deeps  High grade intersections at depth For personal use only  800M of strike untested GXRC1109 26m @ 8.83 g/t Au GXDD0011 31m @ 4.5 g/t Au Visible Gold GXDD0013A 7.15m @ 43.7 g/t Au 21

  22. Slide 22: Exploration QLD – Mt Windsor JV

    Exploration QLD (earning 60%) For personal use only  Mt Windsor JV – World Class Gold District  New targets to be drilled in June 2011 (after wet season) 22

  23. Slide 23: Exploration Nevada (earning 70%)

    Exploration Nevada (earning 70%)* For personal use only  World class gold district  Two new JV’s with Miranda Gold Corp  Big Blue targeting Carlin style sediment hosted gold  Angel Wing targeting high grade veins (epithermal)  Drilling at Angel Wing intersects vein and low grade gold with new d

  24. Slide 24: Summary

    Summary For personal use only Operations  Wattle Dam - highest grade gold mine in Australia  Mt Magnet - 3M oz resources, established facilities Capital Position  Strong profitability and A$86m in cash and gold  Mt Magnet fully funded from cash flows  Flexibility to take advantage of opportunit

  25. Slide 25: Resources and Reserves

    For personal use only RESOURCES AND RESERVES Resources Measured Indicated Inferred Total Project Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au ('000s) g/t oz ('000s) g/t oz ('000s) g/t oz ('000s) g/t oz Mt Magnet 2,194 2.7 193,000 33,633 2 2,122,000 15,044 2.1 1,030,000 50,871 2 3,345,000 Watt

  26. Slide 26: Wattle Dam Gold Project / Mt Magnet Gold Project

    WATTLE DAM GOLD PROJECT For personal use only The Information in this report that relates to resources and estimated mine grade at Wattle Dam is based on information compiled by Rob Hutchison. Rob Hutchison is a Member of the Australian Institute of Mining and Metallurgy and has sufficient experienc

Ramelius Resources — Investor Presentation (February 2011) on 6ix