Red Mountain Mining Ltd · ASX:RMX
Red Mountain Mining — Investor Presentation (September 2014)
20 slides from Red Mountain Mining's investor presentation, Sep 15, 2014
Slide 1: Red Mountain Mining Company Presentation
For personal use only RED MOUNTAIN MINING (ASX:RMX) COMPANY PRESENTATION September 2014 A Dual Strategy for Low Cost Gold Mine Development & Further High-Grade Gold-Silver Discovery
Slide 2: Disclaimer, Forward Looking Statements and JORC Statement
DISCLAIMER, FORWARD LOOKING STATEMENTS AND JORC STATEMENT For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distribut
Slide 3: Milestones to Production and Discovery
MILESTONES TO PRODUCTION AND DISCOVERY For personal use only 1. Scoping Study: completed March 2014 on ideally located Batangas Gold Project. Confirmed potential for a strongly viable, low capital cost (US$15m), low operating cost (US$690/oz) initial gold mining and processing project producing 90,0
Slide 4: The Philippines: A Golden Opportunity
THE PHILIPPINES: A GOLDEN OPPORTUNITY For personal use only Far SE Cu-Au (Gold Fields) Didipio Cu-Au (Oceana) Manila Philippines Batangas Red Mountain Masbate (B2Gold) 200koz pa Batangas Gold Project Sianna (Red 5) Co-O (Medusa), 80koz pa • Outstanding prospectivity for gold and copper-gold Tampakan
Slide 5: Company Structure - Pre Placement and Rights Issue
COMPANY STRUCTURE – PRE PLACEMENT AND RIGHTS ISSUE For personal use only Red Mountain Mining Ltd ASX: RMX Listed Shares (30 June 2014) 686,947,994 Listed Options RMXOA 3c, exp. 30/6/16 97,839,477 Unlisted Options 20c, exp. 15/9/16 15,000,000 Performance Rights vesting at 5cps 7,000,000 Performance R
Slide 6: Batangas Gold Project: Mineral Resources and Planned Project Infrastructure
BATANGAS GOLD PROJECT: MINERAL RESOURCES AND PLANNED PROJECT INFRASTRUCTURE For personal use only 120km to Manila 20km to Batangas 5
Slide 7: Batangas Gold Project: Scoping Study Completed - DFS Underway
BATANGAS GOLD PROJECT: SCOPING STUDY COMPLETED - DFS UNDERWAY For personal use only • Scoping Study: based on only high-grade, open-pit, 90% Indicated Resources • Projected C1 operating cash flow of ¹A$56 million over initial 4.5 years Cashflow at Varied Gold Price Gold Price US$ (A$/US$ 0.93) $1,25
Slide 8: Lobo: Stage Open Pit Mining of the High Grade South West Breccia Resource
LOBO: STAGE 1 OPEN PIT MINING OF THE HIGH GRADE SOUTH WEST BRECCIA RESOURCE For personal use only 7
Slide 9: Archangel: Stage Open Pit Mining of Kay Tanda West
ARCHANGEL: STAGE 2 OPEN PIT MINING OF THE LOW STRIPPING RATIO KAY TANDA WEST For personal use only 8
Slide 10: Lobo Prospect: Multiple Targets for High Grade Epithermal Gold-Silver
LOBO PROSPECT : MULTIPLE TARGETS FOR HIGH GRADE EPITHERMAL GOLD-SILVER For personal use only Five key targets identified within 15km strike on 5 parallel epithermal lode structures: 1. Camo: major flexure “look-a-like” target to South West Breccia (SWB), but with fully preserved silver-copper-gold s
Slide 11: Lobo Prospect: High Grade Resources and Multiple Targets in Large System
LOBO PROSPECT : HIGH GRADE RESOURCES AND MULTIPLE TARGETS IN LARGE SYSTEM For personal use only 10
Slide 12: Lobo: South West Breccia Camo Epithermal Trend with Priority Targets
LOBO: SOUTH WEST BRECCIA CAMO EPITHERMAL TREND WITH PRIORITY TARGETS For personal use only 11
Slide 13: Lobo: South West Breccia - Camo Trend Longitudinal Projection
LOBO: SOUTH WEST BRECCIA - CAMO TREND LONGITUDINAL PROJECTION WITH PRESERVED GOLD-SILVER TARGETS For personal use only 12
Slide 14: Board and Executive Team: Track Record of Discovery and Development
BOARD AND EXECUTIVE TEAM: TRACK RECORD OF DISCOVERY AND DEVELOPMENT For personal use only BOARD OF DIRECTORS Neil Warburton 35 years a mining engineer and director. Former CEO of major mining contractor, Barminco. Chairman Also a director of Sirius Resources, Peninsula Energy and Australian Mines. J
Slide 15: Offer Terms
OFFER TERMS For personal use only • RMX is seeking to raise up to circa $1.95 million via a placement of up to 74.96m shares at 0.8¢ to raise $599,680 (“Placement”), to be followed by a pro-rata renounceable rights issue offering two (2) new shares for every nine (9) shares held at the Record Date,
Slide 16: Proposed Use of Funds
PROPOSED USE OF FUNDS For personal use only Activity Drilling Metres Cost Diamond Drilling of 5 priority Targets, Lobo Prospect 30 holes 3,000m $0.76m DFS and Final Permitting Batangas Gold Project $1.00m Working Capital $1.02m Expenses of the Offer $0.14m TOTAL $2.92m Note: utilises $1.6m of the Co
Slide 17: Proposed Use of Funds Timetable
PROPOSED USE OF FUNDS TIMETABLE For personal use only Total Exp. Oct Nov Dec Jan Feb Mar April May June Activity Location $M 14 14 14 15 15 15 15 15 15 Exploration 1. Camo 0.20 2. Signal 0.20 3. Pica 0.20 4. Ulupong 0.08 5. SWB Extended 0.08 Total Exploration 0.76 0.20 0.20 0.20 0.16 Definitive Feas
Slide 18: Indicative Timetable
INDICATIVE TIMETABLE For personal use only Event 2014 Trading Halt Thursday 11 September Announce Transaction to ASX Monday 15 September Placement Settled Wednesday 17 September Prospectus Lodged Wednesday 17 September Ex Rights – Rights Trading Commences Monday 22 September Record Date Wednesday 24
Slide 19: Contact Details
CONTACT DETAILS For personal use only Jon Dugdale, Managing Director Red Mountain Mining Head Office jon.dugdale@redmm.com.au Unit 1, 2 Richardson Street M: +61 402 298 026 West Perth WA 6005 Matt Birney, Investor - Media Relations P: +61 8 9226 5668 matt@birneycorporate.com.au F: +61 8 9322 1474 M:
Slide 20: A Golden Opportunity
A GOLDEN OPPORTUNITY For personal use only Red Mountain Batangas Gold ProjectGold Project 19
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