Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Investor Presentation (June 2014)
25 slides from Northern Star Resources's investor presentation, Jun 10, 2014
Slide 1: Northern Star Resources: An Australian gold miner – for global investors
For personal use only Northern Star Resources An Australian gold miner – for global investors June 2014
Slide 2: Disclaimer – Competent Persons Statements
Disclaimer Competent Persons Statements Information in this announcement that relates to Paulsens and Ashburton mineral resource estimations, exploration results, data quality, geological interpretations, potential for eventual economic extraction and estimates of exploration potential, is For perso
Slide 3: The Four Points of Northern Star
The Four Points of Northern Star High-grade, low cost mines For personal use only producing +550ozpa Outstanding potential for Multiple operations all growth via existing operations in Australia Steady dividends
Slide 4: Northern Star: A Summary
Northern Star: A Summary Market capitalisation: US$580m at US$1.00 per share For personal use only Second-biggest ASX-listed gold miner by production Annual production +550,000oz at targeted AISC of <US$975/oz Critical mass from five operating sites all in Australia Total reserves 1.5Moz; total reso
Slide 5: Team With a Track Record
Team With a Track Record Shares Options Board - Successful record in discovering and developing mines For personal use only Total 579M 3.8M BILL BEAMENT Managing Director (Mining Engineer) * As at 05 June 2014 Non-Executive Chairman – Independent CHRIS ROWE (Barrister and Solicitor) Share price: US$
Slide 6: Project One: Paulsens
Project One: Paulsens Located in the Ashburton region of Western Australia For personal use only First production in 2005; Total production to Dec-13 of 637Koz Current production rate 100,000-115,000ozpa at all-in sustaining cost of US$850-$975/oz Strong track record of increasing productivity and p
Slide 7: Exploration: The Titan Discovery
Exploration: The Titan Discovery High-grade Titan discovery made just 100m For personal use only from existing Paulsens mine infrastructure Discovery hole returned 6.9m at 24.7gpt Au Titan runs parallel and immediately adjacent to the producing Voyager 1 and 2 lodes Discovery has strong potential to
Slide 8: Exploration: Long Term Opportunities
Exploration: Long Term Opportunities Very little exploration done within 50km For personal use only radius of the 1Moz Paulsens deposit Recently expanded our tenement package to ~10,000km2 with FMG JV deal on all non-iron ore rights across the Ashburton region Now hold vast tracks across the Ashburt
Slide 9: Northern Star to Take its Efficiency Drive to new Assets
Northern Star to Take its Efficiency Drive to new Assets For personal use only Initiative Description Pay-off Maximise operational cashflow to recover acquisition purchase price and strengthen balance Acquisition sheet for future growth Increase productivity levels and mining physicals as demonstrat
Slide 10: Project Two: Plutonic
Project Two: Plutonic Purchased from Barrick Gold for US$23 million, settled 1 February 2014 For personal use only Located in the Upper Murchison region of Western Australia (closest gold mine to Paulsens) First production in 1990; Total production of 5.3Moz (Dec 2013), consistent production Produci
Slide 11: Project Three: Kundana (NST 51%)
Project Three: Kundana (NST 51%) Part of the 2nd purchase from Barrick Gold for US$69 million, settled 1 March 2014 For personal use only Located 20km west of Kalgoorlie First production mid-1990s; Total production of 2.5Moz (Dec 2013) Resources of 769,000oz at 8.4gpt; Reserves of 237,000oz at 10.9g
Slide 12: Pegasus: The Jewel in the Kundana Crown
Pegasus: The Jewel in the Kundana Crown Pegasus deposit has potential for +1Moz resource with underground access from the nearby Rubicon mine For personal use only Pegasus Rubicon Hornet Pegasus offers significant growth potential, initial resource of 355koz @ 9.8gpt, discovered 12 months ago Recent
Slide 13: Pegasus: Easy Underground Access
Pegasus: Easy Underground Access Pegasus can be easily accessed underground from existing mine infrastructure 250m away For personal use only Limited capital expenditure required to develop Pegasus deposit, estimated at US$10M Development is underway with first ore in Dec-Qtr 2014, Production ore in
Slide 14: Kundana is our Key Exploration Focus
Kundana is our Key Exploration Focus For personal use only DRAKE AMBITION NORTH CBS MOONBEAM Downplunge POLE RUBICON PEGASUS HORNET The K2 Structure will be systematically tested utilising new geological knowledge gained in the Pegasus discovery. The key areas of focus are: Rubicon Hornet: Reserve C
Slide 15: Project Four: Kanowna Belle
Project Four: Kanowna Belle Part of the 2nd purchase from Barrick Gold for US$69 million, settled 1st March 2014 For personal use only Located 18km north-east of Kalgoorlie First production in 1994; Total production of 4.8Moz (Dec 2013), consistent production Resources 1.1Moz at 3.9gpt; Reserves of
Slide 16: Project Five: Jundee
Project Five: Jundee NST has entered binding agreement with Newmont to acquire Jundee gold mine for US$76m For personal use only Located in Western Australia, First production in 1995; total production to date of 6.1Moz Produced 279,000oz at AISC in CY13 of US$860/oz Reserves: 411,000 at 4.3gpt; Res
Slide 17: May Company Production Update
May Company Production Update Strong performance across NST’s four projects (excludes For personal use only Jundee) in the month of May demonstrates outstanding success in bedding down new assets Gold produced totalled 41,668oz, gold mine 41,567oz; gold in stockpiles, circuit and transit increased t
Slide 18: Group FY2015 Expected Production Guidance
Group FY2015 Expected Production Guidance Group production guidance is expected to be between For personal use only 550,000oz to 600,000oz for FY2015 Group AISC of <US$975/oz Guidance Operation Min Max Paulsens 80 90 Plutonic 100 110 Kanowna Belle 80 85 Kundana 100 110 Jundee 190 205 Total 550 600 1
Slide 19: The Four Points of Northern Star
The Four Points of Northern Star High-grade, low cost mines For personal use only producing +550ozpa Outstanding potential for Multiple operations all growth via existing operations in Australia Steady dividends
Slide 20: Northern Star Resources – Contact Details
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Bill Beament – Managing Director +61 8 6188 2100 Email – [email protected] / Website – www.nsrltd.com June 2014
Slide 21: Appendix – Resource & Reserve Statement
Appendix – Resource & Reserve Statement 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 Ou
Slide 22: Appendix – Resource & Reserve Statement (cont'd)
Appendix – Resource & Reserve Statement (cont’d) For personal use only Table 3 – Plutonic Resources (inclusive of Reserves) and Reserves as of 31 December 2012 Table 3 - Reserves and Resources figures have been excerpted from those published in Barrick Gold Corporation’s Annual Information Form for
Slide 23: Appendix – Resource & Reserve Statement (cont'd)
Appendix – Resource & Reserve Statement (cont’d) For personal use only Table 4 – Kanowna Resources (inclusive of Reserves) and Reserves as of 31 December 2012 Table 4 - Reserves and Resources figures have been excerpted from those published in Barrick Gold Corporation’s Annual Information Form for t
Slide 24: Appendix – Resource & Reserve Statement (cont'd)
Appendix – Resource & Reserve Statement (cont’d) For personal use only GOLD MINERAL RESOURCES 1 As at December 31, 2013 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 ou
Slide 25: Appendix – Resource & Reserve Statement (cont'd)
Appendix – Resource & Reserve Statement (cont’d) For personal use only Table 6 – Jundee Resources (inclusive Reserves) as at 31 December 2013 Table 7 – Jundee Reserves as at 31 December 2013 Table 6 - 1) Mineral resources are reported on a 100% basis; 2) Mineral resources are reported to a gold pric
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