Aurelia Metals Limited · ASX:AMI
Aurelia Metals — YTC Resources — HK & Singapore Investor Conferences (March 2012)
25 slides from Aurelia Metals's conference presentation, March 2012
Slide 1: Building a Mid-Tier Mining Company in a World Class Terrain
BUILDING A MID-TIER MINING COMPANY IN A WORLD CLASS TERRAIN MARCH 2012 1
Slide 2: Disclaimer
DISCLAIMER • This presentation has been prepared by YTC Resources Limited (“YTC” 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 securities. No
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS HERA-NYMAGEE PROJECT EVOLVING AS A MAJOR COBAR STYLE MINERAL SYSTEM • Hera (gold-base metals) & Nymagee (copper-base metals) deposits 4.5km apart • YTC moving toward an integrated development in 2 Stages Hera –Nymagee Deposit: Contained Metal in JORC Resources* Gold (Oz) Silver
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Shares on issue 249.2 m Options on issue 5.425m Market Cap (at 47c/share ) $117m Est Cash (13 March 2012) $17.5m Enterprise Value $ 100m Major Shareholders (approx. %) 6 month share chart Board & Management Glencore Retail (49%) YTG Institutional (30%) Retail Yunnan Tin Group (12.
Slide 5: Project Location
PROJECT LOCATION Bourke CSA Copper Mine +1.5Mt Cu endowment Cobar Gold Field Armidale Endeavour Mine +7Moz Au Eq production Toho Zinc Australia Zn-Pb-Ag Girilambone Cu Mine CSA Mine Straits Resources Glencore NSW Cu Tritton Straits Nyngan Cobar Cu Mt Boppy Mine The Peak Mine Polymetals NewGold Au Au
Slide 6: Cobar Basin Deposits
COBAR BASIN DEPOSITS LONG LIFE, HIGH GRADE – VERTICAL CONTINUITY COBAR DISTRICT – LONG SECTION Long Section: Cobar Gold Field +7Moz Au Eq production CSA +1.5Mt Cu Eastern Western Perseverance The Peak New Occidental Chesney New Cobar Great Cobar System System 500m 10km 1000m 1500m QTS QTS South Nort
Slide 7: Tenement Coverage
TENEMENT COVERAGE 25KM OF PROSPECTIVE STRIKE Nymagee JV Happy Jacks Prospect YTC 95% (shaded area) • Hera & Nymagee deposits located Au-Pb-Zn-Ag immediately west of the Rookery Fault, Nymagee Deposit Thorntons Mine near the eastern margin of the Cobar Cu-Ag-Pb-Zn Cu-Ag Basin Mt Hope Road Prospect Au
Slide 8: Stage 1 – Hera Development
STAGE 1 – HERA DEVELOPMENT HERA DFS COMPLETE – SEPTEMBER 2011** • Hera DFS confirms a financially & technically robust project producing gold-silver doré bars and a bulk lead-zinc concentrate • Resource 677,200 ounces Au Eq. at grade of 8.6g/t Au Eq* • Reserve 423,471 ounces Au Eq. at grade of 7g/t
Slide 9: Opex & Capex Summary
STAGE 1 – HERA DEVELOPMENT OPEX & CAPEX SUMMARY PRE-PRODUCTION CAPEX Pre-production capital costs for the project are estimated to be $73.5m, being the sum of surface and process plant Return air shafts infrastructure and pre-production mine capital costs as Decline summarised in the Table below. Es
Slide 10: Permitting & Development Status
STAGE 1 – HERA DEVELOPMENT PERMITTING & DEVELOPMENT STATUS • YTC progressing early stage earthworks including Hera boxcut under existing Part 5 Approval • Mining Lease Lodged January 2012 • Environmental Assessment (EA) now in finals stages of permitting – late March/early April Hera Boxcut – 18th F
Slide 11: Hera Resource
HERA RESOURCE UPGRADED IN JUNE 2011 – 677kOz Au Eq 11
Slide 12: Nymagee Resource
NYMAGEE RESOURCE Historic Stope Voids (Main Lens) MAIDEN RESOURCE – DEC 2011 Historic Production: 422,000 tonnes @ 5.8% Cu 300m ASL • Maiden JORC Nymagee Resource in Dec 2011, Shallow Footwall North after discovery of high grade copper in Oct 2010. Shallow Footwall South Shallow Cu < 90mRL 200m ASL
Slide 13: Nymagee Extension
NYMAGEE EXTENSION OPEN TO NORTH AND AT DEPTH 300m ASL NMD060: 8m @ 2.0% Cu from 301m, and 200m ASL 10m @ 2.0% Cu from 357m NMD068: 14m @ 63g/t Ag, 2.7% Pb and 5.2% Zn from 207m 100m ASL NMD074 NMD069 NMD073 NMD070W1 0m ASL Conductor Plate 1 Conductor Plate 2 -100m ASL NMD063W1: N 18m @ 1.5% Cu from
Slide 14: Nymagee Open at Depth
NYMAGEE OPEN AT DEPTH • Deep drilling results show the Nymagee copper system now extends beyond 500m vertical • Results for deepest holes show the copper system continuing at depth: NMD50W1: 33.3m @ 0.96% Cu from 422.42m, including 1.0m @ 12.0% Cu from 438.7m 61.0m @ 0.8% Cu from 547m, including 4.0
Slide 15: Nymagee Copper Deposit vs CSA
NYMAGEE COPPER DEPOSIT vs CSA SCHEMATIC CROSS SECTION COMPARISON - LOOKING NORTH SHALLOW MAIN SHAFT COPPER ZONE Pb-Zn-Ag Lens • Nymagee evolving as the (off section) upper part of a ‘CSA’ style -200m -200m MAIN LENS Cobar deposit • Model suggests increasing Low-Grade Cu Mineralisation copper grade w
Slide 16: Summary
SUMMARY • Hera DFS confirms a financially & technically robust project as Stage 1 • >$510 million in revenue in Stage 1 alone • Operating Costs of A$395/oz (after Pb-Zn credits) • Stage 1 development establishes strong foundation for development of Nymagee in Stage 2 • Feasibility Study evaluating i
Slide 17: Building a Mid-Tier Mining Company
BUILDING A MID-TIER MINING COMPANY GROWTH ASSETS IN A PREMIER MINING ADDRESS GROWTH 17
Slide 18: Thank You
THANK YOU YTC Resources Limited ASX:YTC 2 Corporation Place ORANGE NSW 2800 T: +61 2 6361 4700 E: [email protected] www.ytcresources.com 18 copper coated drill bit - Nymagee
Slide 19: Appendix 1: Resources and Reserves
APPENDIX 1: RESOURCES AND RESERVES MINERAL RESOURCE ESTIMATE- HERA DEPOSIT - JUNE 2011 NSR Cu Pb Zn Au Eq Contained Au Category Tonnes (A$) Au g/t Ag g/t % % % (g/t) Ozs Eq Indicated 2,113,000 243 4.2 17.0 0.2 2.8 3.9 9.2 Inferred 330,000 207 3.5 14 0.1 2.3 3.3 7.5 Total 2,444,000 238 4.1 16.7 0.2 2
Slide 20: Appendix 2: Gold Equivalent Calculations – Hera DFS & Reserve
APPENDIX 2 GOLD EQUIVALENT CALCULATIONS – HERA DFS & HERA RESERVE This report makes references to the Hera Ore Reserve, DFS outputs and metal equivalents. It is the Company's opinion that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered. Au E
Slide 21: Appendix 3: Gold Equivalent Calculations – Hera Resource
APPENDIX 3 GOLD EQUIVALENT CALCULATIONS – HERA RESOURCE This presentation makes a number of references to metal equivalents. These metal equivalent values refer to those included with Hera Resource Estimate released to the ASX on 2nd June 2011 It is the company's opinion that all the elements includ
Slide 22: Appendix 4: Board of Directors
APPENDIX 4 BOARD OF DIRECTORS Partner of PricewaterhouseCoopers Australia (Coopers & Lybrand) for 19 years specialising in the Anthony Wehby provision of corporate finance advice. Anthony is based in Sydney and maintains a consulting Non-Executive Chairman practice providing advice on mergers and ac
Slide 23: Appendix 5: Stage 1 – Hera Development
APPENDIX 5: STAGE 1 – HERA DEVELOPMENT DFS – SEPTEMBER 2011 HERA DFS 3D view of Hera Mine Design showing mine capital development, final Diluted Reserve (tonnes) 1,875,918 stope design and CRF fill. Diluted Reserve Grade g/t Au (on gold equivalent basis) 7g/t Au Eq. Net Smelter Return (NSR) $218
Slide 24: Appendix 6: YTC Senior Management
APPENDIX 6: YTC SENIOR MANAGEMENT BUILDING AN EXPERIENCED OPERATIONS TEAM Dean Fredericksen –Chief Operations Officer (COO) Dean closely involved with YTC for the last 2.5 years as a consultant. Dean was closely involved on the assessment and Feasibility of the Hera and Nymagee Projects since 2009.
Slide 25: Competent Persons Statements
COMPETENT PERSONS STATEMENTS Competent Persons Statement – Exploration Results The information in this presentation that relates to Exploration Results is based on information compiled by Rimas Kairaitis, who is a Member of the Australasian Institute of Mining and Metallurgy. Rimas Kairaitis has suf
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