Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Diggers & Dealers 2017
17 slides from Northern Star Resources's conference presentation, Aug 7, 2017
Slide 1: World Class Financial Returns – From World Class Australian Gold Mines
For personal use only World Class Financial Returns – From World Class Australian Gold Mines Diggers and Dealers August 2017
Slide 2: Disclaimer – Competent Persons Statements
Disclaimer Competent Persons Statements For personal use only The information in this announcement that relates to exploration results, data quality, geological interpretations and Mineral Resource estimations for the Company’s Project areas is based on information compiled by Darren Cooke, a Compet
Slide 3: FY2017: The year Northern Star became a long-life gold miner
FY2017: The year Northern Star became a long-life gold miner FY2017 production 515koz (top end of guidance) For personal use only at AISC of A$1,013/oz (bottom end of guidance), a record production despite the divestment of Plutonic Reserves increased by 2.3Moz to 3.5Moz; Resources increased by 2.7M
Slide 4: Organic growth strategy: CAPEX now falling and benefits rising
Organic growth strategy: CAPEX now falling and benefits rising Invested A$250M in exploration and 800 NST 10 Year Production Profile For personal use only expansionary capital over past three years; now CAPEX is falling and 700 Paulsens Revitalisation CTP Redevelopment financial benefits are rising
Slide 5: Jundee: Restored to world class status
Jundee: Restored to world class status 7Moz of continuous For personal use only production, life of mine average of 320kozpa with a peak year of 410koz FY2017 Resource of 3.2Moz, up 155% and Reserves of 1.45Moz, up 100% despite depletion of 259koz FY2018 Guidance 245,000-265,000oz at an AISC of A$95
Slide 6: Jundee: Life beyond 3Moz
Jundee: Life beyond 3Moz The Zodiac high-grade discovery at For personal use only Jundee was announced last week and is not included in the latest update Initial assays from Zodiac show multiple mineralised intercepts over a 200m single downhole interval Results in discovery hole include: 4.8m at 21
Slide 7: Kalgoorlie Operations: Rapid, low-cost production growth
Kalgoorlie Operations: Rapid, low-cost production growth For personal use only Resources of 4.5Moz up 25% and Reserves of 2Moz up 117%, despite CARBINE / PARADIGM Acra depletion of 229koz FY2018: Guidance 245,000-265,000oz at an AISC of A$1,000-A$1,050/oz Growing to a 300,000ozpa producer in 50km 25
Slide 8: Kalgoorlie Operations – Kanowna Belle (100% NST)
Kalgoorlie Operations – Kanowna Belle (100% NST) Kanowna Belle is a +5Moz orebody, averaging 4,000oz For personal use only per vertical metre, with limited exploration at depth and along strike of the major gold bearing structures Reserves have increased 120% to 0.5Moz and Resources are 1.4Moz which
Slide 9: Kalgoorlie Operations - Kundana EKJV (51% NST)
Kalgoorlie Operations - Kundana EKJV (51% NST) For personal use only NST attributable Reserves increased 36% to 0.6Moz, Resources increased 35% to 1.3Moz Primary production is from Rubicon, Hornet, Pegasus and Raleigh The new 2.1km drill drive from Hornet to Pegasus is now ~50% complete, providing t
Slide 10: Kalgoorlie Operations: This is where the production growth is coming
Kalgoorlie Operations: This is where the production growth is coming Past production on the 100% NST ground has yielded 1.25Moz at 6gpt between 1990-2004 For personal use only Current development to 50kozpa Millennium is ahead of schedule; first production ore due in December quarter Further product
Slide 11: Paulsens: Revitalisation underway
Paulsens: Revitalisation underway FY2018: Guidance 35,000-45,000oz For personal use only at AISC of A$1,300-A$1,400/oz 1Moz at +7gpt has been mined continuously over the past 12 years, at an average of 75kozpa NST has committed to invest approximately A$10 million in exploration at Paulsens over the
Slide 12: Central Tanami Project: Emerging Growth Region
Central Tanami Project “CTP”: Emerging Growth Region GROUNDRUSH The Tanami region is an exciting new area that is (NST Earning to 60%) For personal use only rapidly developing a reputation for major gold Open Pit Production (Newmont) of 610koz discoveries 150km Tanami Gold Resource of 6.5Mt at 4.8gp
Slide 13: Northern Star continues to buck the global trend
Northern Star continues to buck the global trend Since 2012 Reserve life of the top five Top 5 Producer Gold Reserves For personal use only 500 global producers has declined by 37% 440 NST Reserves have grown by 218% in just three years by investing into 400 successive multi year exploration 357 pro
Slide 14: Northern Star grows from Tier-1 mines
Northern Star grows from Tier-1 mines Production from the top five producers is For personal use only forecast to decline by 20% from 2015 to 2021* NST will grow production to an annualised rate of 600,000oz next year Jundee and Kalgoorlie operations are each capable of +300,000ozpa within two years
Slide 15: Open cuts in decline: Invest in underground expertise
Open cuts in decline: Invest in underground expertise Northern Star will invest A$50M in expanding upon its specialist For personal use only underground skills and innovation associated with all disciplines of underground mining Northern Star will also invest in acquiring and applying new technology
Slide 16: Northern Star: Now ticking every box
Northern Star: Now ticking every box World-class financial returns: 43% Return on Equity and 38% Return on Invested Capital in the For personal use only Dec-2016 half, A$177M in underlying free cash flow in FY2017 and a 6-year TSR avg of 188% World-class assets: 10-year mine life visibility; two Tie
Slide 17: Northern Star Resources – Contact Details
For personal use only Northern Star Resources An Australian Mid Cap gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – [email protected] Website – www.nsrltd.com 17