Orosur Mining Inc. · TSXV:OMI
Orosur Mining — Q3 2011 Earnings Presentation
13 slides from Orosur Mining's earnings presentation, April 2011
Slide 1: Latin America Focused Gold Mining And Exploration
Latin America Focused Gold Mining And Exploration David Fowler CEO & Director April 2011 Slide 1
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains certain information that constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan plan," "expect expect," "intend intend," "believe believe," "anticipate" anticipate and other similar words,
Slide 3: Agenda
Agenda 1. Corporate p Overview 2. Q3 Results and guidance: a. Production and Cash costs b. Financial performance 3. Sobresaliente 4. Arenal Deeps 5 Other Exploration 5. 6. Summary Slide 3
Slide 4: Corporate Profile AIM/TSX-V OMI
Corporate Profile AIM/TSX-V OMI Share O/S: 65,218,555 Share F/D: 69,072,609 12 Month Hi/Low $C 1.55 - $C 0.29 Market Cap: C$ 77 Million £ 50 Million Cash: US$ 15.3 Million Debt: Negligible Slide 4
Slide 5: Production and Cash costs Q3
Production and Cash costs Q3 • Production of 16,573 ounces for the quarter • Target for 2010/ 11: 55,000 ounces for the year to 31 May 2011 • Cash cost per ounce of $US 521 for quarter, $US 700 for 9 months to 28 February 1. Cost reduction initiative since 2009: a. Own fleet, in-house repairs. b Sta
Slide 6: Financial Results Q3
Financial Results Q3 Key Results Summary Three Months Ended Nine Months Ended February 28 February 28 2011 2010 2011 2010 Operating Results Gold Produced Ounces 16 273 16,273 12 742 12,742 42 086 42,086 39 495 39,495 Total cash cost US$/oz 521 984 699 910 Operating cash cost US$/oz 483 939 669 875 A
Slide 7: Arenal Deeps
Arenal Deeps Completed Targets for Calendar 2011 • Board approval for the Arenal Calendar Q2 (April – June 2011) Deeps Underground project. • Ramp up development rates. • Award of mining development Calendar Q3 (July – Sep 2011) contract to Redpath. • Commence vent raise to surface • C t t mobilised
Slide 8: Arenal Deeps Portal
OROSUR MINING A eee ache, oe Slide 8
Slide 9: Sobresaliente Plan View
Sobresaliente Plan View Historical Reserves & Resources Proven and Probable Reserves ZONE TONNE AU OZ North 67,557 1.59 3,453 Central 48,139 1.32 2,043 South 6,135 1.55 306 East 0 0 0 Total 5,802 Resources Total Sobresaliente 431,000 1.16 16,074 Historical Drilling RC: 150 holes for 11,379 meters DD
Slide 10: Sobresaliente North and East Zone – Section 6511600 N
Sobresaliente North and East Zone – Section 6511600 N (looking North) Slide 10
Slide 11: Sobresaliente Central Zone – Section 6511275 N
Sobresaliente Central Zone – Section 6511275 N (looking North) SSRC075 7m @ 2.96g/t from 17m (incl 2m @ 9.10 g/t) SSRC075 SSRC075 7m @ 3.95g/t from 31m (incl 2m @ 11.39g/t) SSRC052 5m @ 3.97g/t from 101m (incl 2m @ 7.58g/t) Slide 11
Slide 12: Other Exploration
Other Exploration • Pantanillo drilling commenced • Historical silver results confirmed at Pantanillo Sur • At Anillo target definition continues with trenching, sampling and geophysics • Phase 1 on new targets and deeper drilling on existing targets to commence in May 2011. • Vaca Muerta • Target d
Slide 13: Summary
Summary • Excellent operational and financial results for the quarter • Forecast for the full year to 31 May 2011 – 55,000 ounces at $US 750 • Good progress on Arenal Deeps, fully funded • Positive drill results on Sobre Saliente • A ti exploration Active l ti program iin coming i quarters t Slide 1