Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Merger or Acquisition (December 2013)
15 slides from Northern Star Resources's merger presentation, Dec 23, 2013
Slide 1: The Plutonic Acquisition
For personal use only Superior financial returns from high-grade Australian gold mines THE PLUTONIC ACQUISITION Transforming Northern Star into a 200,000ozpa producer
Slide 2: Disclaimer: Competent Persons Statements
Disclaimer Competent Persons Statements • The information in this announcement that relates to Paulsens and Ashburton mineral resource estimations, exploration results, data quality, geological interpretations, potential for eventual For personal use only economic extraction and estimates of explora
Slide 3: An opportunity to repeat the Paulsens success story
An opportunity to repeat the Paulsens success story For personal use only Northern Star has agreed to acquire the Plutonic gold mine (“Plutonic”) from Barrick Gold Corporation (“Barrick”) for A$25M funded via existing cash reserves Company Transforming Transaction will double Northern Star’s exi
Slide 4: The new Northern Star
The new Northern Star Paulsens Ashburton For personal use only Reserves 204koz @ 5.3 g/t Reserves 53koz @ 3.7 g/t Resources 555koz @ 5.7 g/t Resources 1,668koz @ 2.4 g/t FY14F Production 100-115koz FY14F All-in sustaining costs(1) A$900 - $1,050/oz Mine Life 5 years • Reserves - 463koz(4) Plutonic R
Slide 5: Plutonic – Asset Overview
Plutonic – Asset Overview A leading Australian gold mine with an outstanding future For personal use only • Located 180km north of Meekatharra in Western Australia and is the nearest gold mine to Paulsens • Underground mine operation with simple longhole open stoping mining method • High-grade Resou
Slide 6: Plutonic – Mine Performance and Geology
Plutonic – Mine Performance and Geology Plutonic has maintained continuous production for +20 years, ~5.24Moz mined to date For personal use only • Operation has consistently produced well in-excess of 100,000oz per annum • Historically ~50% of resources have converted to reserves providing substant
Slide 7: Plutonic – the growth story
Plutonic – the growth story A number of highly prospective new mine targets have been identified at Plutonic For personal use only • Significant opportunity exists to convert in-mine deposits into production with minimal capital • Deposits shown below currently sit outside the known resource base •
Slide 8: Northern Star to take its efficiency drive to Plutonic
Northern Star to take its efficiency drive to Plutonic Northern Star plans to undertake the following initiatives to improve performance at Plutonic For personal use only and create significant value for shareholders Initiative Description Maximise operational cashflow to recover acquisition purch
Slide 9: Northern Star's Experience with Plutonic and Barrick Culture
Northern Star’s Experience with Plutonic and Barrick Culture For personal use only Most of Northern Star’s Executive and Senior management team have worked at Barrick sites; • Bill Beament (Managing Director) – GM Operations at Barminco working and overseeing the underground mining at Plutonic, Gran
Slide 10: Enhanced Scale & Market Positioning
Enhanced Scale & Market Positioning For personal use only New Peers Previous Peers 1,600 5,902 1,494 1,400 1,200 1,000 Market Cap. (A$M) 800 667 581 600 473 404 393 400 354 291 190 200 140 136 129 121 104 101 101 41 24 0 Newcrest Tanami Beadell Troy St Barbara Focus Regis Medusa Saracen Evolution Ki
Slide 11: Leading Australian Gold Producer
Leading Australian Gold Producer Northern Star will double its production to becoming a leading Australian gold producer For personal use only FY2014 Production(1) 500 2,194 423 FY2014 Production (koz) 400 332 329 292 300 220 217 215 199 196 189 200 166 149 120 107 87 70 100 44 0 St Barbara Evolutio
Slide 12: Key reasons to invest in Northern Star
Key reasons to invest in Northern Star • ASX200 gold producer with all operations in Australia For personal use only • Plutonic Gold Mine acquired for $25 million which equates to just $14 per resource ounce, funded via existing cash reserves • Northern Star Executives have substantial management ex
Slide 13: Proving that low costs pay dividends
For personal use only Proving that low costs pay dividends 12,178gpt intersection at Paulsens • Contact Details: • Bill Beament – Managing Director +61 8 6188 2100 • Email – [email protected] • Website – www.nsrltd.com
Slide 14: Appendix: Gold Mineral Resources and Reserves
Appendix For personal use only GOLD MINERAL RESOURCES 1 GOLD MINERAL RESERVES1 As at 30 June 2013 MEASURED (M) INDICATED (I) INFERRED (Inf) TOTAL (MI&Inf) As at 31 December 2012 PROVED PROBABLE PROVED and PROBABLE Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Cut Of
Slide 15: Appendix: Plutonic Gold Mineral Resources and Reserves
Appendix GOLD MINERAL RESOURCES 2 For personal use only As at December 31, 2012 MEASURED (M) INDICATED (I) (M) + (I) INFERRED (Inf) TOTAL (MI & Inf) Tonnes Grade Ounces Tonnes Grade Ounces Ounces Tonnes Grade Ounces Tonnes Grade Ounces Based on attributable ounces (000s) (gpt) (000s) (000s) (gpt) (0
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