Ramelius Resources Limited · ASX:RMS

Ramelius Resources — Shareholder Meeting (November 2006)

36 slides from Ramelius Resources's shareholder meeting presentation, Nov 24, 2006

  1. Slide 1: Managing Director's Presentation – AGM 2006

    MANAGING DIRECTOR’S PRESENTATION – AGM 2006 Good morning Ladies and Gentlemen, It has been a very exciting and rewarding year with the Company making the transition from Explorer to Gold Producer. As foreshadowed at last year’s AGM, the development of the Wattle Dam Gold Mine has started to generate

  2. Slide 2: Cash costs, second treatment campaign and Burbanks acquisition

    • Cash Cost per oz estimated as at 31 October 2006 with the current pit concluded at 53.5 metres depth is ~$200/oz, A second treatment campaign is scheduled to commence in December 2006 to treat ~30,000 tonnes of ore and is expected to return ~10,000 oz. or ~$8,000,000 at current gold prices. The mi

  3. Slide 3: Ramelius Resources Limited Annual General Meeting November 2006

    RAMELIUS RESOURCES LIMITED ANNUAL GENERAL MEETING NOVEMBER 2006

  4. Slide 4: Capital Structure

    CAPITAL STRUCTURE (at 20 September 2006) ISSUED CAPITAL 90,867,900 fully paid ordinary shares 30,940,521 options (18.687c) Expire 31 Dec 07 44,961,190 options (17.5c) Expire 30 June 07 TOP TEN SHAREHOLDERS % Beach Petroleum Limited 13,400,002 14.74 ANZ Nominees Limited 5,540,071 6.10 Sprott Asset Ma

  5. Slide 5: Company Overview

    COMPANY OVERVIEW DIRECTORS BOB KENNEDY (Chairman) JOE HOULDSWORTH (Managing Director) REG NELSON (Non Executive) COMPANY MANAGEMENT DOM FRANCESE (Company Secretary) GORDON DUNBAR (Consulting Geologist) BRIAN KELTY (Mine Manager) MATT SVENSSON (Senior Geologist) YVONNE WEISSGERBER (Tenement Manager)

  6. Slide 6: Ramelius Resources Limited

    RAMELIUS RESOURCES LIMITED LISTED MARCH 2003 ACHIEVEMENTS Mining Wattle Dam Discovery of Nickel Sulphides at Hilditch Cash Acquisition of Burbanks Treatment Plant FUTURE Evaluate Cut Back & U/G at Wattle Dam Focus Exploration on Spargoville Project Acquisitions Operate our Own Treatment Plant

  7. Slide 7: Objectives

    OBJECTIVES • Maintain Revenue from Low Risk/Low Cost Projects for Exploration and Development of Major Projects.

  8. Slide 8: Spargoville Objectives

    SPARGOVILLE OBJECTIVES • Accelerate Exploration • Nickel Rights Hilditch 90% Wattle Dam 80% Logans Larkinville 80% • Build on the 280km2, 30km long tenement package

  9. Slide 9: Start of Mining at Wattle Dam Gold Mine

    START OF MINING AT WATTLE DAM GOLD MINE

  10. Slide 10: Pit Progress to September 2006

    PIT PROGRESS TO SEPTEMBER 2006 41.5m

  11. Slide 11: Pit at Completion 1st November 2006

    PIT AT COMPLETION 1ST NOVEMBER 2006 53.5 METRES DEPTH

  12. Slide 12: Matthew Svensson and Brian Kelty

    Matthew Svensson Brian Kelty Senior Geologist Mine Manager

  13. Slide 13: #200East

    #200East 320KL & steane S300East wersOURCtES ¢ 280RL m 76m @ 14.4g/t Au 3Z0R1 10m @ 66.5g/t Au 2m @ 21.9g/t Au 4m @ 144g/t Au 8m @ 6.8g/t Au 28081 240KL m Pit Outline — August 2006 Proposed Pit Outline mod PLL die | . . - >0.1g4 Au mineralised envelope foe Sree? eee 240RL 6200Eart 62008ast _ , >1.0g

  14. Slide 14: Wattle Dam Gold Mine – Mine Development

    WATTLE DAM GOLD MINE at 31st October 2006 MINE DEVELOPMENT (At 53.5 metres depth, mining suspended.) Ore Mined 160,123 t Cumulative (Uncut) Gold Grade 10.1g/t GOLD STOCKS Gold Sales 10,317 oz (sold at an average $823/oz for $8,491,950) Stockpiles (mine & mill) approx 46,000 oz (value $36 million at

  15. Slide 15: Nuggets Recovered from Mill Feed

    Nuggets Recovered from Mill Feed

  16. Slide 16: Kilo Slugs From ROM Pad

    ~Kilo Slugs From ROM Pad

  17. Slide 17: Burbanks Treatment Plant

    BURBANKS TREATMENT PLANT A Recent Cash Acquisition 8 kms to Coolgardie Crushing Ball Mill CIP Circuit Water Licence Tailings Disposal Workshops Laboratory

  18. Slide 18: Burbanks Treatment Plant

    BURBANKS TREATMENT PLANT • Acquired 180,000 tpa Gold Plant • Funded from Reserves • Advances Cash Flow • Security of Processing Availability • Commissioning Early 2007

  19. Slide 19: Spargoville Project Area

    SPARGOVILLE PROJECT AREA •Tenements extend over 30 kilometres strike length •Located Along Regional Shears •Mafic and Ultramafic Rocks

  20. Slide 20: Project geologists and technicians

    Florian Schroeter Project Geologist Vicki Molloy Pit Technician Gordon Dunbar Consulting Geologist

  21. Slide 21: Spargoville Project Area

    SPARGOVILLE PROJECT AREA • Gold in Soil Geochemistry highlights Gold along the Regional Shears • Some Low Gold values are from Transported Cover

  22. Slide 22: Spargoville Project Area

    SPARGOVILLE PROJECT AREA •Note the extent of Transported Cover •Vicinity of Wattle Dam •North Widgiemooltha

  23. Slide 23: Spargoville Project Area

    SPARGOVILLE PROJECT AREA Gold in Soil Geochemistry Wattle Dam to North Widgiemooltha not effectively tested by Surface Geochemistry

  24. Slide 24: Spargoville Regional Project Area

    SPARGOVILLE REGIONAL PROJECT AREA TARGET AREAS INCLUDE: •Grass Roots Exploration •Follow Up on Previous Results •Advanced Exploration

  25. Slide 25: Central Gold Target

    CENTRAL GOLD TARGET An example of a Large Gold in Soil Anomaly cut by Recent Drainage Note – The centre of the anomaly is below the alluvial filled Drainage Channel

  26. Slide 26: Logan's Larkinville Project

    LOGAN’S LARKINVILLE PROJECT • Gold in Soil Anomalies • Immediate RAB Drill Target

  27. Slide 27: Ramelius Nickel Rights

    RAMELIUS NICKEL RIGHTS Hilditch 90% Wattle Dam 80% Logans Larkinville 80%

  28. Slide 28: Exploration at Hilditch Nickel Project

    EXPLORATION AT HILDITCH NICKEL PROJECT

  29. Slide 29: Hilditch Nickel Project

    HILDITCH NICKEL PROJECT •Gossans •Drill Intersections > 0.3% Ni •EM Conductors

  30. Slide 30: Hilditch North Drilling

    HILDITCH NORTH DRILLING Recent RC Drilling of Geochemical Anomalies

  31. Slide 31: Hilditch North Nickel Prospect

    HILDITCH NORTH NICKEL PROSPECT

  32. Slide 32: Black Cat Gold Project

    BLACK CAT GOLD PROJECT RAMELIUS *RESOURCES

  33. Slide 33: Black Cat Gold Project

    BLACK CAT GOLD PROJECT Black Cat South 45 Resource Definition Holes Black Cat North 36 Resource Definition Holes Global Resource 290,000 tonnes @ 2.7 g/t gold for 25,000 ozs (Indicated and Inferred) Reassess and Re-optimise in light of current gold price

  34. Slide 34: Outlook

    OUTLOOK • WATTLE DAM GOLD MINE • PROCESS ORE STOCKPILES AT BURBANKS TREATMENT PLANT • CASHFLOW TO FUND EXPLORATION PROGRAM • EVALUATE CUT-BACK & UNDERGROUND POTENTIAL • OTHER ACTIVITIES • FOCUS ON LARGER GOLD TARGETS AT SPARGOVILLE • EXPAND NICKEL SULPHIDE EXPLORATION AT SPARGOVILLE • REASSESS THE B

  35. Slide 35: MM eT

    N22 23-24-26 26- MM eT ny 27 28 29 3) 3 3 RAMELIUS »RESOURCES

  36. Slide 36: Closing remarks

    Ladies and Gentlemen, that completes my presentation. In closing, I would like to take this opportunity to thank the Company’s Staff, Consultants and Contractors for their outstanding efforts over the past year. I also thank my fellow directors for their ongoing support and particularly our Company

Ramelius Resources — Shareholder Meeting (November 2006) on 6ix