Polymetals Resources Ltd. · ASX:POL
Polymetals Resources — Polymetals Mining — Gold Coast Resources Showcase 2012
20 slides from Polymetals Resources's conference presentation, June 2012
Slide 1: Gold Coast Resources Showcase 2012
25 years delivering profitable Australian resources projects Gold Coast Resources Showcase 2012
Slide 2: Polymetals Mining Limited
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Slide 3: Introduction
Introduction An Australian precious and base metals producer Strong reputation for successful development, production and operational management Interests in two projects in proven mining provinces – Cobar and Broken Hill Current gold production at White Dam Gold Mine Feasibility underway on
Slide 4: Corporate overview
Corporate overview At 8 June 2012 Item Item Value Value Polymetals Mining Limited Share Price Performance Share price A$0.63 1000.0 1.20 Shares issued 37 million 900.0 1.00 Market capitalisation A$23.3 million 800.0 Share Price (AUD/Share) 700.0 Available Cash A$14 million 0.80 600.0 Volume (k) Debt
Slide 5: Compelling investment proposition
Compelling investment proposition Experienced producer with advanced near-term development activities and exploration projects Strong balance sheet with continuing cash flow from current gold production and a fully-funded exploration program Ingrained culture of rapid project development to ac
Slide 6: Strong team – proven track record
Strong team – proven track record David Sproule Andrew Lawry Chairman Chief Operations Officer B. Eng. (Met) (Hons); Member AusIMM B. AppSc. (Met); Member AusIMM +25 years’ experience in acquisition, mine development and +25 years’ experience in mine development, process engineering producti
Slide 7: Mt Boppy | Nimbus | Hellyer | White Dam
~ oe Mt Boppy | Nimbus | Hellyer | White Dam POLYMETALS MINING LIMITED
Slide 8: 25-year track record of success
25-year track record of success Over this past decade: cost efficient and rapid project development Mt Boppy production Nimbus production 68koz gold 3.2Moz silver $12.5M EBITDA $9.8M EBITDA 4 months to production 5 months to production cash operating cost = $383/oz cash operating cos
Slide 9: Canbelego | Drew Hill
Canbelego | Drew Hill 22. POLYMETALS Goa «~MINING LIMITED Ee”
Slide 10: Two prospective projects
Two prospective projects Canbelego, NSW Ownership: 100% Location: 46km east of Cobar, NSW Area: 204km2 Minerals: gold and base metals Outlook: Mt Boppy Gold Mine extension Regional exploration program Drew Hill, SA Ownership: 50% + management Location: 85km west of Broken Hill, SA Area: 728km2 Miner
Slide 11: Canbelego: significant mineral field
Canbelego: significant mineral field Canbelego, NSW Cobar-style mineralisation Lachlan Fold Belt located in active mineral field >5Moz of gold produced from the region Polymetals’ position is strong operated there since 1992 produced 67koz gold from open cut operations (2002 – 2005) Move
Slide 12: Canbelego: significant mineral field
Canbelego: significant mineral field Growth 204km2 of highly prospective tenements over 20 prospects including historical mines near-mine targets still to be fully tested recent aeromagnetic and gravity survey has identified further anomalies Current target drilling focus Pipeline Ridge
Slide 13: Drew Hill: current producer, exploration upside
Drew Hill: current producer, exploration upside Drew Hill, SA Curnamona province located in active mineral field large geographical footprint in region Current production White Dam Gold Mine – over 130koz gold since April 2010 with production continuing to late 2012 Polymetals’ White Dam G
Slide 14: Drew Hill: current producer, exploration upside
Drew Hill: current producer, exploration upside Growth 728km2 of highly prospective tenements over 20 regional gold and copper targets 3 historic gold-copper mines Current target drilling focus White Dam near-mine area – Vertigo South & South King Brown Regional – Lady Louise, Laura Jane,
Slide 15: Solid Balance Sheet
Solid Balance Sheet = POLYMETALS 7 MINING LIMITED
Slide 16: Strong performance history
Strong performance history Financials ($M)1 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 HY2012 Revenue 25.4 22.5 30.2 33.8 11.4 5.6 30.1 11.4 EBITDA 7.2 9.6 9.4 4.7 1.2 0.1 15.9 8.3 NPAT 2.2 5.8 6.3 2.9 1.0 (0.2) 8.4 5.0 Capital distributions2 1.1 1.1 - 4.9 2.6 0.9 5.0 - Production3 FY2005 FY20
Slide 17: Polymetals
POLYMETALS NING IMITED
Slide 18: Clear growth strategy
Clear growth strategy Mid 2012 Late 2012 2013 2013+ Canbelego, NSW Feasibility & approvals commenced Mining of Mt Boppy Fully‐funded drilling program underway to add to known resources Drew Hill, SA White Dam Gold Mine currently producing Current exploration aiming to through to August 2012 extend m
Slide 19: Proven track record
= proven track record = outstanding asset base = robust balance sheet 29 Main Street | PO Box 570 Samford Q 4520 P: 07 3289 3313 | F: 07 3289 3314 | E: [email protected] | www.polymetals.com.au ACN: 075 664 961 | ASX: PLY
Slide 20: Qualification & Competent Persons Statement
Qualification & Competent Persons Statement This presentation has been prepared by Polymetals Mining Limited To the maximum extent permitted by law, none of Polymetals, its (“Polymetals” or the “Company”) to provide existing and prospective related corporations or their directors, employees or a
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