Aurelia Metals Limited · ASX:AMI
Aurelia Metals — YTC Resources — Non-Deal Roadshow (September 2011)
25 slides from Aurelia Metals's roadshow presentation, September 2011
Slide 1: Nymagee - Hera Project International Roadshow
NYMAGEE - HERA PROJECT INTERNATIONAL ROADSHOW – SEPT-OCT 2011 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 Significant exploration success at Nymagee Copper Deposit has led to the integration of the Hera-Nymagee Project • Nymagee evolving into a major high-grade copper and polymetallic deposit • Proximity to Hera provides opportunity for centralised processing plant • Robust Stage 1
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Shares on issue 248.7 m $0.90 4,500,000 $0.80 4,000,000 Options on issue 5.425m $0.70 3,500,000 Market Cap (at 51 c/share ) $127m $0.60 3,000,000 Cash (1 Sep 2011) $26m $0.50 2,500,000 $0.40 2,000,000 Enterprise Value $ 101m $0.30 1,500,000 $0.20 1,000,000 Major Shareholders (appr
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 • Hera & Nymagee deposits located YTC 90% immediately west of the Rookery Fault, (shaded area) near the eastern margin of the Cobar Nymagee Deposit Basin Cu-Ag • Equivalent structural position as CSA Copper Mine and Peak Gold Mine Hera Deposit
Slide 8: Stage 1 – Hera Development
STAGE 1 – HERA DEVELOPMENT HERA DFS COMPLETE • 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 Au Eq. • Minimum 7.
Slide 9: Stage 1 – Hera Development: DFS
STAGE 1 – HERA DEVELOPMENT DFS COMPLETE 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 / tonne Mine Life (
Slide 10: 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 11: Stage 1 – Hera Development Site Layout
STAGE 1 – HERA DEVELOPMENT SITE LAYOUT 11
Slide 12: Hera Resource
HERA RESOURCE UPGRADED IN JUNE 2011 – 677kOz Au Eq 12
Slide 13: Nymagee Deposit – Schematic Section
NYMAGEE DEPOSIT – SCHEMATIC SECTION YTC – 90% Nymagee Cu Deposit - Schematic Cross Section 1. FOOTWALL ZONE – SHALLOW: 300m ASL WIDE ZONE OF SHALLOW COPPER – OPEN CUT TARGET • NMRC001: 53m @ 2.2% Cu • NMRC002: 69m @ 1.5% Cu • NMD038: 92m @ 1.5% Cu 200m ASL 2. MAIN LENS: HIGH GRADE COPPER – UNDERGROU
Slide 14: Nymagee Copper
NYMAGEE COPPER Nymagee Copper Mine NMRC001: Historic Production: 53m @ 2.3% Cu 422,000 tonnes @ 5.8% Cu Main Shaft LONG SECTION – SELECTED INTERCEPTS NMRC022:1 Level NMRC002: Open Cut Open Cut 69m @ 1.5% Cu 53m @ 1.7% Cu MAIN LODE + FOOTWALL ZONES 2 Level UNTESTED TO THE NMD038: NORTH 18m @ 6.3% Cu,
Slide 15: Nymagee Pb-Zn-Ag
NYMAGEE Pb-Zn-Ag Nymagee Copper Mine Historic Production: 422,000 tonnes @ 5.8% Cu Main Shaft LONG SECTION – SELECTED INTERCEPTS 1 Level NMRC002: Open Cut Open Cut 5m @ 0.8% Cu, 6.0% Pb, MAIN LODE + 10.9% Zn & 55g/t Ag FOOTWALL ZONES 2 Level UNTESTED TO THE NMD043: 3 Level NORTH 8m @ 0.5% Cu, 5.0% P
Slide 16: Nymagee Copper Deposit vs CSA
NYMAGEE COPPER DEPOSIT vs CSA SCHEMATIC CROSS SECTION COMPARISON - LOOKING NORTH MAIN SHAFT 1 Level 2 Level 3 Level • Two new footwall copper 4 Level lodes discovered at depth: -200m Low-Grade Cu Mineralisation 5 Level High-Grade Cu Mineralisation 6 Level - 12m @ 3.7% Cu Pb-Zn Mineralisation 7 Level
Slide 17: Nymagee – Shallow Copper Discovery
NYMAGEE – SHALLOW COPPER DISCOVERY DETAILED DRILLING UNDERWAY 434,600 mE 434,800 mE 435,000 mE 6,452,600 mN 6,452,600 mN Northern Shallow Copper • Broad widths of strong, shallow copper sulphide mineralisation Zone WHIP SHAFT NMRC002: NMRC001: 69m @ 1.5% Cu from 39m NMD041: 53m @ 2.3% Cu from 34m Op
Slide 18: Broad Widths + Supergene Enrichment – Open to the North
NYMAGEE – SHALLOW COPPER DISCOVERY BROAD WIDTHS + SUPERGENE ENRICHMENT – OPEN TO THE NORTH HISTORIC OPEN CUTS 320m ASL • Shallow Copper Zones at Nymagee NMRC001: 16m @ 4.2% Cu from 42m evolving into a substantial target at 1 Level open pittable depths 2 Level NMRC002: 19m @ 3.0% Cu from 49m • Open t
Slide 19: Nymagee: Large Cu-Pb-Zn-Ag System Evolving
NYMAGEE: LARGE Cu-Pb-Zn-Ag SYSTEM EVOLVING GRAVITY RESULTS INFER MINERAL SYSTEM EXTENDS FOR OVER 1.2KM 434,000 mE 434,500 mE 435,000 mE • Shallow drilling now underway to test the Nymagee Gravity anomaly for 6,453,000 mN 6,453,000 6,453,000 mN northern extensions to the Nymagee mineral system SS S 6
Slide 20: 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 21: Thank You
THANK YOU YTC Resources Limited ASX:YTC Chief Executive Officer 2 Corporation Place ORANGE NSW 2800 T: +61 2 6361 4700 E: [email protected] www.ytcresources.com 21 copper coated drill bit - Nymagee
Slide 22: Board of Directors
APPENDIX 1 BOARD OF DIRECTORS Dr Wenxiang Gao Over 20 years experience as a senior mining engineer in China. Dr Gao is the General Manager of Non-Executive Chairman Yunnan Tin Group, the world’s largest tin producer. Partner of PricewaterhouseCoopers Australia (Coopers & Lybrand) for 19 years specia
Slide 23: Gold Equivalent Calculations – Hera DFS & Hera 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 24: 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 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