Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Diggers & Dealers 2014
23 slides from Northern Star Resources's conference presentation, Aug 4, 2014
Slide 1: Northern Star Resources
For personal use only Northern Star Resources An Australian gold miner – for global investors August 2014
Slide 2: Disclaimer
Disclaimer Competent Persons Statements For personal use only The information in this announcement that relates to mineral resource and reserve estimations, exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information compiled
Slide 3: 100,000ozpa to 600,000ozpa in one year
100,000ozpa to 600,000ozpa in one year For personal use only Last year NST was producing 100,000ozpa at AISC of ~A$1000oz Key goal was to grow production substantially while maintaining margins and total shareholder returns Aimed to achieve critical mass, low costs, diversified asset Paulsens base a
Slide 4: Proving good M&A does pay
Proving good M&A does pay Immediate success in bedding down the four acquisitions – no For personal use only indigestion Built the team before we bought the assets, started this 18 months ago June Quarter gold sold totalled 115,820oz and AISC of A$1032/oz from Paulsens, Plutonic, Kanowna Belle and K
Slide 5: The next target
The next target Production and costs now at or better than target levels For personal use only Two-pronged focus: Maintain production and cost performance with ongoing emphasis on productivity and further cost reductions Grow mineral inventory needed to underpin long mine lives at each operation Our
Slide 6: Paulsens: the cornerstone
Paulsens: the cornerstone Located in the Ashburton region of WA For personal use only First production in 2005; Total production to date of 700Koz June 2014Qtr was a site record FY2015 guidance 80,000-90,000oz at AISC of A$1100-1150/oz Strong track record of increasing productivity and production Re
Slide 7: Paulsens: New mineralisation
Paulsens: New mineralisation Voyager 2 now becoming a substantial For personal use only production lode Titan discovery: Ore now being accessed Latest Titan drilling continues to extend know mineralisation New Galileo discovery made 300m from existing Paulsens mine infrastructure 11m thick quartz st
Slide 8: Paulsens: New mineralisation
Paulsens: New mineralisation Voyager 2 now becoming a substantial For personal use only production lode Titan discovery: Ore now being accessed Latest Titan drilling continues to extend know mineralisation New Galileo discovery made 300m from existing Paulsens mine infrastructure 11m thick quartz st
Slide 9: Plutonic: years young
Plutonic: 24 years young For personal use only Located in the Upper Murchison region of WA First production in 1990; Consistent production with 5.3Moz to date FY2015 guidance 100,000-110,000oz at AISC of A$1250-1300/oz Resources of 1.45Moz, supporting 5-7 year mine-life Substantial productivity gain
Slide 10: Plutonic: Much more to come
Plutonic: Much more to come For personal use only Numerous opportunities to grow inventory through conversion of resources to reserves (historic conversion rate of 50%) Significant opportunity exists to bring in-mine deposits into production with minimal capital (Baltic Extension, Pacific East and C
Slide 11: Plutonic: Much more to come
Plutonic: Much more to come For personal use only 100 0 (m) 100 Scale 11 Page 11
Slide 12: Plutonic: Much more to come
Plutonic: Much more to come For personal use only 100 0 (m) 100 Scale 12 Page 12
Slide 13: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address Located 18km north-east of Kalgoorlie For personal use only First production in 1994; Total production of 4.8Moz (Dec 2013), consistent production FY2015 guidance 80,000-85,000ozpa at AISC of A$1100-1150/oz Resources 1.1Moz at 4.4gpt Three key opportunities
Slide 14: Jundee: Still one of Australia's best mines
Jundee: Still one of Australia’s best mines For personal use only Located 50km from Wiluna in WA First production in 1995; Consistent production with 6.1Moz to date FY2015 guidance 190,000-205,000oz at AISC of A$1000-1050/oz Zero bedding down issues with 23,400oz poured in July Reserves over the pas
Slide 15: Jundee: Mined Areas
Jundee: Still one of Australia’s best mines- Mined Areas For personal use only 15 Page 15
Slide 16: Jundee: In mine ounces above cut-off grade
Jundee: In mine ounces above cut-off grade For personal use only 16 Page 16
Slide 17: Jundee: A Gateway to the future
Jundee: A Gateway to the future – just one example For personal use only Gateway 2013 Resource Model 5560 & 5570 lodes +20g/t Blocks only Gateway Gringotts Gringotts Gringotts/Gateway South 1.5m @ 88.2g/t 2.0m @ 36.7g/t 4.2m @ 29.3g/t [email protected]/t 0.3m@228g/t 0.6m@108g/t 2.8m @ 59.3g/t 0.34m@471g/
Slide 18: Kundana: A Corridor of Riches
Kundana: A Corridor of Riches Located 20km west of Kalgoorlie For personal use only First production mid-1990s; Total production of 2.5Moz (Dec 2013) FY2015 guidance 100,000-110,000oz at AISC of A$800-850/oz Resources of 687,000oz at 13.2gpt Comprises 3 producing deposits: Raleigh, Rubicon and Horne
Slide 19: Kundana: A Corridor of Riches – Fly through
Kundana: A Corridor of Riches – Fly through For personal use only 19
Slide 20: Team With a Track Record
Team With a Track Record Shares Options Board - Successful record in discovering and developing mines For personal use only Total 587M 1.5M BILL BEAMENT Managing Director (Mining Engineer) * As at 01 August 2014 Non-Executive Chairman – Independent CHRIS ROWE (Barrister and Solicitor) Share price: A
Slide 21: Why Invest in Northern Star
Why Invest in Northern Star Global-scale gold miner with all assets in Australia – second For personal use only biggest ASX-listed gold producer Critical mass from 600,000ozpa production; asset diversity from five high-grade, low-cost mines (ASIC A$1050/oz) with robust margins Focused on generating
Slide 22: Northern Star Resources
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Bill Beament – Managing Director +61 8 6188 2100 Email – [email protected] / Website – www.nsrltd.com August 2014
Slide 23: Appendix – Resource & Reserve Statement
Appendix – Resource & Reserve Statement GOLD MINERAL RESOURCES GOLD MINERAL RESERVES As at 30 June 2014 MEASURED (M) INDICATED (I) INFERRED (Inf) TOTAL (MI&Inf) As at 30 June 2014 PROVED PROBABLE PROVED and PROBABLE Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonn