Aurelia Metals Limited · ASX:AMI
Aurelia Metals — YTC Resources — Resources & Energy Symposium Broken Hill 2012
24 slides from Aurelia Metals's conference presentation, 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 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 30c/share ) $75m Est Cash (31 March 2012) $16.8m Enterprise Value $ 58m Major Shareholders (approx. %) 6 month share chart Board & Management Glencore Retail (49%) YTG Institutional (30%) Retail Yunnan Tin Group (12.3%
Slide 5: Project Location
PROJECT LOCATION COBAR BASIN IS A WORLD CLASS METALLIFEROUS PROVINCE 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
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: Prospectivity
PROSPECTIVITY Poorly Tested Gravity High HERA-NYMAGEE CORRIDOR Untested Gravity High Nymagee Copper Deposit • The Hera & Nymagee deposits are both marked by prominent gravity Untested Gravity Highs highs Untested Gravity High Nymagee JV: YTC 95% • Numerous gravity targets defined by Nymagee JV: YTC
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: Stage 1 – Hera Development: Permitting & Development Status
STAGE 1 – HERA DEVELOPMENT PERMITTING & DEVELOPMENT STATUS • YTC has completed Stage 1earthworks including Hera boxcut under existing Part 5 Approval • Mining Lease Lodged January 2012 • Environmental Assessment (EA) now in final stages of permitting Magazine Box Cut Rom Pad Contractors Laydown Proc
Slide 10: Hera Resource
HERA RESOURCE 677kOz Au Eq IN JUNE 2011 AND GROWING TO THE NORTH & SOUTH TNY019 4m @ 52g/t Ag, 15% Pb CNYDD019: 20.7m @ 0.31g/t Au, 50g/t Ag , 2.9% Pb, 1.9% Zn HRD021 (northernmost drill hole) HRD026 (southernmost drill hole) 2m @ 0.13g/t Au, 50g/t Ag 6.52%Pb, 14.2% Zn 7.7m @ 5.7g/t Au, 0.41% Cu, 2.
Slide 11: Cobar Discovery Case Study
COBAR DISCOVERY CASE STUDY THE PEAK - PERSERVERANCE EXAMPLE 11,000mE 10,000mE 10,000mRL Peak Deposit (1995) 4.6Mt @ 7.6g/t Au and 0.9% Cu PK57B: 7m @ 4.5g/t & 1.5% Cu (1994) Perseverance Deposit (2004) 2Mt @ 11g/t Au and 0.9% Cu 9,000mRL North 500m 11
Slide 12: Nymagee
NYMAGEE BIG COPPER SYSTEM: OPEN AT DEPTH • Maiden JORC Nymagee Resource in Dec 2011, after discovery of high grade copper in Oct 2010. • 8.1Mt @ 1.2% Cu, 0.3% Pb, 0.7% Zn and 9g/t Ag • Open to the north and at depth • Represents an analogue to the upper part of a CSA style copper system • Deep drill
Slide 13: Nymagee Copper Deposit vs CSA
NYMAGEE COPPER DEPOSIT vs CSA SCHEMATIC CROSS SECTION COMPARISON - LOOKING NORTH MAIN SHAFT SHALLOW 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 14: Nymagee Extension
NYMAGEE EXTENSION OPEN TO NORTH AND AT DEPTH LONG SECTION – NYMAGEE NMRC090: Looking West – Scale as shown 3m @ 2.75% Cu and 50g/t Ag NMD060: NMD068: 8m @ 2.0% Cu from 301m, and 14m @ 63g/t Ag, 2.7% Pb and 5.2% Zn from 207m 10m @ 2.0% Cu from 357m NYMAGEE RESOURCE: 8.1Mt @ 1.2% Cu, 0.3% Pb, 0.7% Zn
Slide 15: 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$395/oz (after Pb-Zn credits) • Stage 1 development establishes strong foundation for development of Nymagee in Stage 2 • Feasibility Study evaluating i
Slide 16: Building a Mid-Tier Mining Company
BUILDING A MID-TIER MINING COMPANY GROWTH ASSETS IN A PREMIER MINING ADDRESS GROWTH 17
Slide 17: Thank You
THANK YOU YTC Resources Limited ASX:YTC 2 Corporation Place ORANGE NSW 2800 T: +61 2 6361 4700 E: [email protected] www.ytcresources.com 18
Slide 18: Appendix 1: Resources and Reserves
APPENDIX 1: RESOURCES AND RESERVES MINERAL RESOURCE ESTIMATE- HERA DEPOSIT - JUNE 2011 NSR Cu Pb Zn Au Eq Contained Au Category Tonnes (A$) 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 19: 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 20: 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 21: 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 22: Appendix 5: Stage 1 – Hera Development DFS
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 23: 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 24: 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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