Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. In 2011, the company expects to increase production to between 85,000 and 100,000 ounces of gold from multiple open pit and underground mines. Key catalysts for production growth include the expected start of mining at the high grade Cosmo underground mine in mid-2011 and the potential start of production at the Pine Creek open pit mine later in 2011. This production growth is expected to lower the company's cash costs per ounce throughout the year.
Crocodile Gold Investor Presentation June 16Crocodile Gold
This document discusses Crocodile Gold's gold mining operations in Australia. It provides an overview of Crocodile Gold's assets which include open pit mines, an underground mine called Cosmo that is expected to start producing in the third quarter of 2011, and two mills. The document outlines Crocodile Gold's production guidance for 2011 of 85,000-100,000 ounces of gold at a cash cost of US$875-US$975 per ounce. Key catalysts for 2011 include production from Cosmo and from other open pit mines, as well as an aggressive exploration program.
QMX Gold Corporation owns the Snow Lake Mine and Lac Herbin Mine gold properties in Manitoba and Quebec, Canada. A 2010 feasibility study outlined plans to restart production at Snow Lake Mine based on proven and probable reserves of 451,900 ounces of gold over a 5-year mine life. A recent internal review identified potential changes to the feasibility study assumptions that could increase cash costs to US$825 per ounce from the original estimate of US$640 per ounce.
1) Lake Shore Gold produced 18,833 ounces of gold in Q3 and is on track to meet its 2011 target of 85,000 ounces.
2) Cost performance was strong in Q3 with cash costs of $94 per tonne or $884 per ounce.
3) The company continues to advance five deposits that could each contain over one million ounces of gold: Timmins, Thunder Creek, Bell Creek, Thorne, and Fenn-Gib.
4) Lake Shore Gold expects to significantly grow its resource base by the end of 2011 with initial resource estimates from Thunder Creek and Fenn-Gib.
Crocodile Gold May 4 Corporate PresentationCrocodile Gold
This document provides an overview of Crocodile Gold Corp., a significant gold producer in Australia. It discusses the company's existing production assets including open pit mines and a mill. It also outlines an underground mine that is expected to start production in mid-2011. The document highlights exploration potential along mineralized trends and near existing infrastructure. Key milestones and catalysts for 2011 include increasing production from the new underground mine and open pit mines, an aggressive exploration program, and expanding resources through drilling.
The document discusses the forward-looking statements of mining company VMS Ventures Inc. It notes that statements about potential resources carry risks from uncertainties. It then provides an overview of VMS Ventures, including its Reed copper mine in Manitoba, exploration properties, capital structure, and recent discoveries in the Reed mine area.
Presentation Clayton Valley, NevadaFrom Drilling to PEA in under 2 YearsCompany Spotlight
The document summarizes Cypress Development Corp's Clayton Valley lithium project in Nevada. Key points include:
- A Preliminary Economic Assessment shows promising economics including a 32.7% IRR and $1.45 billion NPV.
- Measured and indicated resources total 8.9 million tonnes LCE with additional inferred resources.
- The project has the potential for low-cost production due to favorable geology and metallurgy.
- Upcoming catalysts in 2019 include a metallurgical study and prefeasibility study to further de-risk the project.
Zinc One Resources Inc. is a mineral exploration company focused on the development of its wholly-owned Bongará zinc mine project located in north-central Peru. The project has an indicated resource of over 800,000 tonnes averaging 18.9% zinc containing over 300 million pounds of zinc. Zinc One plans to advance the project through continued exploration and resource expansion drilling, permitting, and technical studies with the goal of beginning production in 2021 using on-site Waelz kiln processing. The company's management team has extensive experience in the mining industry and Zinc One believes there is significant potential to expand mineralization along an 8 km mineralized trend at the Bongará project.
Sage Gold is a junior mining company focused on developing its Clavos gold and Lynx copper-silver-gold projects in Ontario, Canada into production to generate cash flow. Key points:
1) Sage plans to initially generate cash flow through developing production at its permitted Clavos gold project, which has an existing resource and positive
Lake Shore Gold is poised for a valuation break-out based on its progress and positioning for growth. It has completed significant development and expansion work in 2012 and is on track to achieve production targets. It is exiting 2012 with a 25% increased production rate and has plans for further increases in 2013 and 2014, underpinning 50% production growth in 2013 and more in 2014. Lake Shore Gold has a strong financial position with $55-60 million in cash and significantly reduced capital spending going forward, allowing for positive free cash flow from operations in 2013. It has excellent exploration upside from its large resource base across three gold complexes totaling over 7 million ounces.
This document provides an overview and financial highlights of Claude Resources Inc. for the third quarter of 2011. Key points include:
- Net profit of $2.6 million for Q3 2011 and $9.7 million for the first nine months of 2011. Adjusted net profit was up 14% for Q3 compared to the previous year.
- Gold sales of 10,898 ounces in Q3 2011 and 32,777 ounces for the first nine months of 2011.
- $35.2 million in cash and cash equivalents with working capital of $51.7 million as of September 30, 2011.
- Drilling programs expanded at the Seabee Gold Operation and positive results from drilling
This document introduces Sombrero Resources and their mineral exploration projects in Peru. It summarizes that Sombrero has a 130,000 hectare land package in an underexplored region with potential for a world-class copper-gold discovery based on geological similarities to major nearby mines. Upcoming work includes renewing community agreements to allow for an initial drill program at the Sombrero Main target aimed at confirming historical high-grade copper and gold mineralization.
Avion Gold Corporation is a gold mining company with operations in Mali, West Africa. It produced 51,000 ounces of gold in 2009 and is projecting production of 75,000-85,000 ounces in 2010. The company has a large land package in Mali totaling over 500 square kilometers that contains a current NI 43-101 compliant resource of over 3.65 million ounces of gold. Avion plans to ramp up production to 200,000 ounces per year by 2012 through mine expansions and exploration drilling. The company trades on the TSX Venture Exchange under the symbol AVR.
Clean air metals corporate presentation - full versio-dec-23-2021AdnetNew
- Clean Air Metals released a preliminary economic assessment and path forward for its Thunder Bay North Project in December 2021.
- The PEA outlined a 10 year mine life with strong economics including an after-tax IRR of 29.8% and NPV of $378.4 million.
- Metallurgical test work showed potential recoveries of 95.5% for copper, 52.1% for nickel, and over 80% for platinum, palladium, and gold.
This presentation summarizes Champion Iron Mines' plans to build a major new iron ore mine in the Labrador Trough region of Canada. Key points include:
- The Fire Lake North project is currently in the feasibility stage and has over 4 billion tonnes of iron mineral resources across 5 properties.
- A 2011 PEA indicated the ability to produce 8.7 million tonnes of concentrate annually for 25+ years with an NPV of $4 billion.
- Established infrastructure includes rail, power and the expanding port of Sept-Iles.
- Additional exploration properties include Moire Lake and Oil Can with identified iron mineralization.
- The company aims to utilize its experienced team to advance development of the
The document provides an overview of Silver One Resource Inc., including its flagship Candelaria Mine Project in Nevada. Key points include:
- The Candelaria Project has a historic silver resource estimate totaling over 78 million ounces of silver.
- A recent technical report outlined an indicated resource of 30 million ounces of silver on the heap leach pads.
- Exploration is focused on high-grade opportunities down-dip of the historic pits and along strike, as well as testing IOCG targets on the property.
- A 15,000 meter RC drilling program is planned to test these targets and provide material for metallurgical testing to increase resources.
The document provides an overview of Silver One Resource Inc., including its flagship Candelaria Mine Project in Nevada. It summarizes the history of mining at Candelaria, which produced over 68 million ounces of silver. It also references a 2001 historical resource estimate for Candelaria reported by a previous owner, which identified measured, indicated, and inferred resources that represent exploration targets for Silver One. The company aims to create value at Candelaria through heap leach pads, high-grade opportunities, and expanding mineralization along strike from the historic pits.
Crocodile Gold is an Australian gold producer with multiple mining and development projects. In 2011, the company expects to produce between 85,000-100,000 ounces of gold at a cash cost of US$875-975 per ounce. A key catalyst for production growth in 2011 will be the start of mining at the Cosmo underground project in the third quarter. Crocodile Gold is also conducting aggressive exploration across its large land package to discover additional resources through brownfields and greenfields exploration.
This presentation provides an overview of Sage Gold's path to production and exploration potential. It summarizes the Clavos gold project which has permits to mine and an existing resource estimated in a PEA. The presentation also describes the Lynx copper-silver deposit which has an NI 43-101 resource estimated and blue sky exploration potential. Finally, it outlines why Sage Gold represents a good investment opportunity due to its two potential low capex deposits and very low market capitalization.
Sage Gold's short term plan is to develop its Clavos deposit into production to generate cash flow for further exploration and development. The Clavos deposit is located in the prolific Timmins gold camp near existing infrastructure. A preliminary economic assessment estimates the project could have strong economics, including a 71% pre-tax IRR at a gold price of $1500/oz. Near term plans are to dewater the mine, upgrade resources to reserves, and begin initial tonnage extraction in 2013-2014 with commercial production targeted for 2015.
Third Quater 10 November 2011 Conferance CallLake Shore Gold
1) Lake Shore Gold produced 18,833 ounces of gold in Q3 and is on track to meet its 2011 target of 85,000 ounces.
2) Cost performance was strong in Q3 with cash costs of $94 per tonne or $884 per ounce.
3) The company continues to advance five deposits that could each contain over one million ounces of gold: Timmins, Thunder Creek, Bell Creek, Thorne, and Fenn-Gib.
4) Lake Shore Gold expects to significantly grow its resource base by the end of 2011 with initial resource estimates from Thunder Creek and Fenn-Gib.
Crocodile Gold is focused on accelerating its growth and exploration. It has over 3 million ounces of M&I resources and 2.14 million ounces of inferred resources across its 3,300 square kilometer land package in the Northern Territory of Australia. In 2012, Crocodile Gold forecasts gold production of 75,000-85,000 ounces from its existing open pits and the new Cosmo underground mine, and plans to invest in expanding production and exploration.
Fortune Minerals Limited is a producer of strategic metals and coal. It owns several mineral projects in Canada including the Mount Klappan anthracite coal deposit in BC. The deposit is one of the largest undeveloped metallurgical coal deposits in the world. A definitive feasibility study showed robust economics for an initial 3Mtpa operation. Fortune is pursuing an accelerated development strategy with POSCO, a strategic 20% partner, to fully fund the project to construction. The railway infrastructure provides potential for scalable expansion to take advantage of the large resource base and meet growing global metallurgical coal demand.
Growing a Balanced Gold Mining Company discusses Alexis Minerals Corporation's plans to grow its gold mining operations in a balanced way. It owns the Snow Lake Mine in Manitoba, which recently had an updated feasibility study showing potential average annual production of 83,000 ounces of gold over a 5 year mine life at cash costs of $640/ounce. It also owns other gold and base metals exploration properties in Quebec. The document provides details on Alexis' existing mining infrastructure at Snow Lake and the positive economics demonstrated in the feasibility study, outlining its path to restarting production.
Lake Shore Gold Corp. is a Canadian gold producer with two operating mines, the Timmins West Mine and Bell Creek Mine, located near Timmins, Ontario. The company produced 142,500 ounces of gold in the first nine months of 2014 and is targeting annual production of at least 180,000 ounces. Exploration drilling continues to intersect high-grade gold mineralization around the Timmins West and Bell Creek mines as the company works to expand resources and reserves to extend the mine lives.
Crocodile Gold is an Australian gold producer with assets located in the Northern Territory. Key points:
- Producing gold from open pit mines at Howley Trends and North Point, with underground mine Cosmo expected to start contributing mid-2011.
- Guidance for 2011 is 85,000-100,000 ounces of gold production at a cash cost of $875-$975/ounce.
- Exploration potential on over 2,700 sq km of tenements, with indicated resources of over 3 million ounces and inferred resources of over 2 million ounces.
- Key catalysts in 2011 include production from the Cosmo underground mine and potential production from Pine Creek with permits. An aggressive exploration program
Crk presentation may 30 2011 final v001 k1a3x2Crocodile Gold
Crocodile Gold is an Australian gold producer with multiple mining assets and exploration potential. In 2011, the company expects to produce 85,000-100,000 ounces of gold at a cash cost of $875-$975 per ounce. Production will come from both open pit and underground mines, including initial ore from the Cosmo underground mine starting in mid-2011. Crocodile Gold has mineral reserves of over 660,000 ounces and total resources exceeding 5.5 million ounces located near infrastructure in the Northern Territory of Australia.
Crocodile Gold Corporate Presentation April 2012Crocodile Gold
Crocodile Gold is accelerating its growth and exploration efforts. In 2012, the company plans to increase production to between 75,000-85,000 ounces from its existing assets in Australia. It also intends to acquire the Fosterville and Stawell gold mines from AuRico Gold, which would boost production to 220,000-250,000 ounces for the year. Crocodile Gold will focus on expanding resources through brownfields and greenfields exploration around its core land holdings in northern Australia, with a goal of increasing reserves to over 1 million ounces.
Crocodile Gold is a mid-tier gold producer with assets in Australia. It operates two mines in Victoria - Fosterville and Stawell - and is developing the Cosmo mine in the Northern Territory. Crocodile Gold has mineral resources totaling over 4 million ounces of gold measured and indicated and 2.8 million ounces inferred. The company is focused on expanding production from its current assets while reducing cash costs and exploring its large land package for new discoveries.
Crocodile Gold Corporate Presentation December 2012Crocodile Gold
Crocodile Gold is a mid-tier gold producer with assets in Australia. It operates two mines in Victoria - Fosterville and Stawell - and is bringing its Cosmo mine in the Northern Territory into commercial production in Q1 2013. Crocodile has mineral resources totaling over 4 million ounces of gold measured and indicated and 2.8 million ounces inferred. The company is focused on expanding production from its current assets while reducing cash costs through exploration and development of new projects in its large land package.
Esperanza Resources Corp. Presentation - A Clear Path To GoldEsperanzaResources
The document discusses plans to bring the Esperanza Gold Project in Mexico into production. It summarizes the project's resources, economics from a preliminary economic assessment, and management team's experience. The company also announced a transaction with Pan American Silver that provides cash and additional gold projects to become a mid-tier producer.
Canadian Arrow Mines Ltd. owns three key nickel-copper assets in Ontario, Canada containing over 104 million pounds of nickel. The assets include: 1) The Kenbridge nickel-copper project containing 98 million pounds of nickel. A PEA estimates its NPV at $253 million. 2) The Alexo and Kelex nickel mines containing 6 million pounds of nickel. Their NAV is estimated at $25 million. 3) A 2% NSR on the Hart nickel project which could generate $9 million in revenue. The total net asset value is estimated at $287 million, yet the company's market capitalization is only $7 million. Management plans to restart production at Alexo and Kelex within 6 months
English champion iron mines sept 5, 2012shosein2011
Champion Iron Mines is a Canadian iron ore exploration and development company. It owns 14 iron ore projects in Quebec's Labrador Trough region, including its flagship Consolidated Fire Lake North Project. The presentation provides an overview of Champion Iron Mines' projects and key highlights from a November 2011 preliminary economic assessment for the Fire Lake North Project, which indicated the potential to produce 8.7 million tonnes of iron ore concentrate annually for 40 years.
Avion Gold Inc. is a gold producer in Mali with plans to increase production from 75,000 ounces in 2010 to 200,000 ounces by 2012. The company acquired additional gold assets in 2010 that increased its total resource base to over 3.9 million ounces. Avion is significantly undervalued compared to its peers based on cash flow and net asset value multiples. Management intends to continue growing production and resources through exploration and development of its large land package.
English champion iron_mines_october 9, 2012shosein2011
This corporate presentation by Champion Iron Mines provides an overview of the company and its iron ore projects in Canada. Champion owns 14 iron ore projects in Quebec's Labrador Trough region, including its flagship Consolidated Fire Lake North project. A 2011 preliminary economic assessment for the CFLN project estimated an internal rate of return of 41.5% and indicated the ability to produce 8.7 million tonnes of concentrate annually for 25 years. The presentation highlights the project's resources, infrastructure access, development timeline, and potential for expansion through further exploration.
This document summarizes the operations of Canadian Arrow Mines Ltd., including its two main nickel projects in Ontario, Canada: Kenbridge and Timmins. Key points include that Kenbridge has an existing NI 43-101 resource of 80 million pounds of nickel and 48 million pounds of copper. A preliminary economic assessment outlines plans for an open pit and underground mine with on-site processing facilities. The Timmins project includes two past-producing mines that could be restarted to provide early cash flow. Management aims to use funds from Timmins to develop Kenbridge over the next 2-3 years.
Fortune Minerals Limited is a strategic metals and coal producer with projects in Canada. Its key assets include the Mount Klappan anthracite coal project in British Columbia and the NICO gold-cobalt-bismuth-copper project in the Northwest Territories and Saskatchewan. The Mount Klappan project has over 200 million tonnes of resources and reserves and a feasibility study showing robust economics. A joint venture with Korean steel producer POSCO provides funding to advance the project towards construction. Fortune also plans to become a vertically integrated producer of metals from the NICO project.
Avion Resources is a new gold producer in West Africa with exploration upside. In less than one year, Avion acquired an existing producer at a discount, completed drilling, developed a new mine plan, and began production. Avion has also announced acquisitions increasing its gold resource and initiated expansion studies to increase production to 200,000 ounces annually. Avion provides exposure to the secular gold bull market as a well-funded, regional consolidator in West Africa.
Detour Gold Corporation is Canada's next intermediate gold producer. It operates the Detour Lake mine in Ontario, Canada, which began commercial production in 2013. The mine has 15.6 million ounces of gold reserves and is expected to produce an average of 657,000 ounces of gold annually over its 21.5 year mine life. Detour Gold plans to grow its mineral reserves and resources through exploration and development studies on the Block A area near Detour Lake, with the goal of increasing reserves to over 20 million ounces. The company's objectives for 2013 include achieving commercial production at Detour Lake and completing a pre-feasibility study on Block A.
Similar to Crk marketing pres european gold forum 2011 (20)
Corporate Presentation October 2014 UpdateCrocodile Gold
This document provides an overview of a mid-tier Australian gold producer. It discusses the company's growing gold production and cash flow generation. Production for 2013 was 210,000 ounces, up from 155,000 ounces in 2012. Costs have been decreasing, with operational cash costs of $965 per ounce in Q2 2014, down from $1,102 per ounce in 2013. The company is focused on advancing projects, extending mine life through exploration, and operating sustainably in Australia.
- Crocodile Gold is a mid-tier Australian gold producer with gold production of 210,000 ounces in 2013, exceeding their guidance.
- They are focused on growing production and decreasing costs through underground resource definition to extend mine life at existing projects.
- Crocodile Gold has proven and probable reserves of 930,000 ounces and measured and indicated resources of 4.8 million ounces plus inferred resources of 2.5 million ounces.
Crocodile Gold Corporate Presentation September 2014Crocodile Gold
- Crocodile Gold is a mid-tier Australian gold producer with operations in Victoria and the Northern Territory.
- In 2013, Crocodile Gold produced 210,000 ounces of gold, up from 155,000 ounces in 2012, and is on track to meet its 2014 guidance of 200,000-210,000 ounces.
- Crocodile Gold has a growth pipeline including the Big Hill project, which has completed a positive feasibility study and environmental review, with permitting expected in Q3 2014.
This document provides an overview of Crocodile Gold Corporation, a mid-tier Australian gold producer. It discusses Crocodile Gold's growing gold production and cash flow generation, decreasing costs, sizable gold resources, and focus on advancing growth projects like the Big Hill project. The document also summarizes Crocodile Gold's operational and financial performance in 2013-2014, including milestones achieved and production results from its Fosterville, Cosmo, and Stawell mines. Non-core asset divestment opportunities are also mentioned.
This document provides an overview of Crocodile Gold Corp, a mid-tier Australian gold producer. It discusses Crocodile Gold's growing gold production and cash flow generation, decreasing costs, sizable gold resources, and focus on advancing growth projects like the Big Hill project. The document also summarizes Crocodile Gold's 2013-2014 operational performance and milestones, production across its three main mines, and its strategy of divesting non-core assets.
This document provides an overview of Crocodile Gold Corp, a mid-tier Australian gold producer. It discusses Crocodile Gold's growing gold production and cash flow generation, decreasing costs, sizable gold resources, and focus on advancing growth projects like the Big Hill project. The document also summarizes Crocodile Gold's 2013-2014 operational performance and milestones, production across its three main mines, and its strategy of divesting non-core assets.
Crocodile Gold AGM Presentation from June 5, 2014Crocodile Gold
Crocodile Gold held its Annual General Meeting on June 5th 2014. The company discussed its 2013 milestones including producing over 210,000 ounces of gold, exceeding guidance. Crocodile provided production guidance for 2014 of 200,000-210,000 ounces at a cost of $900-$950 per ounce. Key projects in the Northern Territory were also discussed. The presentation contained forward-looking statements and non-IFRS financial measures.
Crocodile Gold Corporate Presentation May 2014Crocodile Gold
This document summarizes a presentation about Crocodile Gold Corporation, a mid-tier Australian gold producer. Some key points:
- Crocodile Gold generated over $12 million in operating cash flow in Q1 2014 and over $67 million in 2013, while decreasing costs.
- Production has increased from 155,000 ounces in 2012 to 210,000 ounces in 2013, and they are on track to produce 200,000-210,000 ounces in 2014.
- The company has a sizable gold resource base of over 7 million ounces and is focusing on underground exploration to extend mine life at all projects.
This document provides an overview and analysis of Crocodile Gold's mining operations and financial results for 2013 and guidance for 2014. It summarizes production and costs for the Fosterville and Stawell mines in 2013, highlights exploration results from Fosterville, and provides production guidance for both mines in 2014. It also reviews Crocodile Gold's cash position, debt obligations, and convertible debenture as of the end of March 2014.
This document summarizes production and financial results for Crocodile Gold Corp for 2013 and provides guidance for 2014. In 2013, Crocodile Gold produced over 27,000 ounces of gold at its Stawell operation in Australia and over 29,000 ounces were sold. Production guidance for 2014 is approximately 30,000 ounces for Stawell. At its Fosterville mine, production was over 95,000 ounces in 2013 and guidance for 2014 is 95,000-100,000 ounces. Crocodile Gold had $27.6 million in cash and $15.3 million in working capital as of December 31, 2013.
This document summarizes Crocodile Gold's quarterly and annual gold production, costs, and financial position over multiple years. It shows that gold production increased year-over-year at both its Fosterville and Stawell mines in Australia, with 2014 guidance of 95,000-100,000 ounces and 30,000 ounces respectively. Cash costs averaged around $1,000/ounce while remaining profitable. As of December 2013, Crocodile Gold had $27.6 million in cash with $15.3 million in working capital, and subsequently raised an additional $17.3 million in a private financing.
This document summarizes Crocodile Gold's quarterly and annual gold production, costs, and financial position over multiple periods from 2012-2013. It shows that gold production increased each quarter from around 10,000 ounces to over 27,000 ounces annually by the end of 2013. Cash costs per ounce remained relatively steady between $900-1,100 while the average sale price was higher, yielding a positive cash flow per share. The document also provides production guidance for Crocodile Gold's Fosterville and Stawell mines of 95,000-100,000 ounces and 30,000 ounces, respectively, in 2014. It concludes with details of the company's cash position, working capital, and debt obligations as of December 2013
The document summarizes the quarterly and yearly performance of Fosterville Gold Mine. It shows that gold production has increased year-over-year, with cash costs generally decreasing. The mine processed over 670,000 tons of ore in 2013 at an average grade of 1.61 g/t, producing nearly 28,000 ounces of gold. The document also provides an overview of Fosterville's processing facilities and mining operations, as well as the company's financial position at the end of Q3 2013, including a strong cash position of $29.7 million and declining debt levels.
This document summarizes the quarterly gold production and financial performance of Crocodile Gold Corp, an Australian gold mining company. It shows that quarterly gold production has increased year-over-year at its Northern Territory and Fosterville mines. Cash costs per ounce have generally decreased. The company has paid down debt and has $29.7 million in cash. Charts track metrics like gold production, cash costs, cash flow per share and share price over time. Photos depict the company's processing facilities. The presentation provides an overview of Crocodile Gold's assets and recent financial condition.
January 2014 Crocodile Gold Corporate PresentationCrocodile Gold
The document discusses Crocodile Gold's gold production and financial results over several quarters in 2012-2013. It notes that production came from their Northern Territory, Fosterville, and Stawell mines, with cash costs averaging around $1,000/oz. Crocodile Gold had $29.7 million in cash and $13.5 million in working capital as of September 30, 2013, with debt obligations including a credit facility being paid down and an outstanding convertible debenture. The presentation provides photos and descriptions of Crocodile Gold's mining operations and processing facilities at Fosterville and Stawell.
The document summarizes the quarterly performance of Crocodile Gold Corp, a gold mining company with operations in Australia. It reports gold production and cash costs from their three mining sites in the Northern Territory, Fosterville, and Stawell. Charts show gold production is highest at Northern Territory but cash costs per ounce are lowest at Fosterville. The summary also provides updates on processing facilities, recent performance at Stawell, land holdings, cash position, debt levels, and stock price trends.
Crocodile Gold Corporate Presentation November 2013Crocodile Gold
Crocodile Gold has undertaken an extensive review of its operations and projects in response to softening gold prices. Key actions include consolidating shared services, streamlining management structures, limiting capital expenditures, redistributing assets between sites, and assessing the appropriate timing of exploration projects. Production is forecast to decrease in the second half of 2013 while cash costs are expected to rise. The company also refinanced debt and unwound gold hedge positions to improve its financial position.
Crocodile Gold has done an extensive review of its operations and projects given recent softening in gold prices. Key steps include:
1) Continual operational reviews to reduce operating costs and capital expenditures through consolidation, streamlining management, and limiting infrastructure spending.
2) Limiting exploration drilling to on-mine resource conversion and only advancing the Big Hill project at this time while reassessing other projects.
3) Ramping down underground mining at Stawell Gold Mine by mid-2013 while exploring opportunities within the mining lease and engaging with the local community.
4) Unwinding gold hedge positions and repaying debt to improve the company's financial position.
Crocodile Gold has done an extensive review of its operations and projects given recent softening in gold prices. Key points from the review include:
1. Implementing ongoing operational cost reductions and efficiencies including consolidation of shared services and streamlining management structures.
2. Limiting capital expenditures to mine development with minimal spending on infrastructure.
3. Reviewing projects and limiting exploration drilling to on-mine resource conversion only, with the priority being the Big Hill project. Other projects will be reassessed for appropriate timing.
4. The decision was made to ramp down underground mining at Stawell Gold Mine by mid-2013 and explore other opportunities within the existing mining lease.
- Crocodile Gold conducted an extensive review of its operations and projects to identify opportunities in light of recent softening gold prices. This included operational cost reviews and reductions, capital expenditure limits, asset redistribution, and exploration drilling reductions.
- In 2012, Crocodile Gold produced 90,000 ounces of gold at Fosterville and 73,000 ounces at Stawell. Production levels are expected to be similar in 2013 with mine lives of 3 years based on current reserves.
- The company completed a C$34.5 million convertible debenture offering and unwound its gold hedge position, using proceeds to repay debt leaving a remaining A$11.5 million to be paid off by October 2014.
1. Up and Coming
Australian Gold
Producer
EUROPEAN GOLD FORUM 2011
TSX:CRK OTCQX:CROCF
FRANKFURT:XGC
2. Disclaimer
Forward Looking Statements TSX:CRK
This presentation contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not
limited to, statements with respect to the development potential and timetable of the projects; the Company’s ability to raise additional funds as
necessary; the future price of gold; the estimation of mineral resources; conclusions of economic evaluation (including scoping studies); the
realization of mineral resource estimates; the timing and amount of estimated future production, development and exploration; costs of future
activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government
regulation of mining operations; and environmental risks. Generally, forward-looking statements can be identified by the use of forward-looking
terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”
or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”,
“would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made. Estimates regarding the anticipated timing, amount and cost of mining at the projects are based on
assumptions underlying mineral resource estimates and the realization of such estimates; results of previous mining activities at the projects, and
detailed research and analysis completed by independent of the Company; research and estimates regarding the timing of delivery for long-lead
items; knowledge regarding the factors consultants and management involved in building a mine and other factors described in the technical
reports and Annual Information Form filed under the profile of the Company on SEDAR. Capital and operating cost estimates are based on results
of previous mining activities, research of the Company and independent consultants, recent estimates of construction and mining costs and other
factors that are set out in the scoping study. Production estimates are based on mine plans and production schedules, which have been developed
by the Company’s personnel and independent consultants. Forward-looking statements are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements, including but not limited to risks related to: timing and availability of external financing
on acceptable terms; unexpected events and delays during construction, expansion and start-up; variations in ore grade and recovery rates;
receipt and revocation of government approvals; actual results of exploration and mining activities; changes in project parameters as plans
continue to be refined; future prices of gold; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other
risks of the mining industry. Although management of the Company has attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The
Company does not undertake to update any forward-looking statements except in accordance with applicable securities laws.
Investors are advised that National Instrument NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves
and mineral resources be reported separately. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Qualified Person
David Keough, MAusIMM of Crocodile Gold Australia Operations is a “qualified person” as such term is defined in National Instrument 43-101 and
has reviewed and confirmed the technical information and data included in this presentation.
Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated or Inferred Resources
The information presented uses the terms “measured”, “indicated” and “inferred” mineral resources. United States investors are advised that while
such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize these
terms. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It
cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates
of inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume
that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also
cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable.
2
4. Our Assets
TSX:CRK
Production Development Mills
Howley Trends Cosmo Union Reefs Mill
open pit mine underground mine 2.4 mtpy
Brocks Creek Initial ore mined in operation
Q2 2011
high grade Tom’s Gully Mill
underground mine Pine Creek 240,000 tpy
North Point open pit mine Care and
open pit mine production expected maintenance
oxide, low strip ratio latter half 2011
dry season operation
(Apr – Nov)
Princess Louise Exploration Potential
open pit mine
dry season operation
>2,700 km2
(Apr – Nov) 4
5. Investment Advantage
TSX:CRK
Expanding production profile, decreasing cash costs
Outstanding potential to discover additional resources
3.4 million ounces M&I and 2.1 million ounces Inf.
Infrastructure replacement value = $200M
Adjacent to major highway and utilities
2010 production of 82,000 ounces
2011 production guidance: 85,000 – 100,000 ounces
5
6. Key Milestones
TSX:CRK
2011 Production at Cosmo
Production at Pine Creek
2010 Production of 82,000 oz
2010
Net Earnings of $2.4M in Q3
(1st Full Quarter of Commercial Production)
Declared Commercial Production (June)
First Gold Pour (Dec)
2009
Commenced Mining & Milling (Nov)
Began Trading on TSX (Nov)
Acquired Assets (Mar)
6
7. 2011 – Growing Production
Throughout the Year TSX:CRK
2011 Key Catalysts
Production from Cosmo
• Initial ore expected mid-2011
• Will contribute 50% of ounces at full production
Production from Pine Creek
Aggressive exploration program
Increasing % of high grade mill feed throughout the year from Cosmo
2011 Guidance 2011 Production 2011 Major
Sources Capital
85,000-100,000 oz
Open Pits: Howley, Investments
Cash Cost US$875-$975/oz
Princess Louise, Pine
Creek/Union Reefs area Cosmo underground
Underground: Cosmo, Exploration
Brocks Creek
7
8. 2011 Catalysts:
Production from Cosmo & Pine Creek TSX:CRK
Production from Cosmo
Advantages
High Grade Ore
• Cosmo Average Grade = 4 g/t Au
• Current Average Head Grade = 1.5 g/t Au
Significant Production Source Higher
• Annualized Production of 100,000 oz/year Production
at full production expected in 2012
+
Production from Pine Creek Lower Cash
Advantages Costs
Close to Union Reefs Mill
• Current Average Distance from Production
Sources to Mill = 80 km
• Pine Creek Distance to Mill = within 20 km
Significant Potential to Increase Resources 8
10. Cosmo/Howley Potential
TSX:CRK
OPEN IN ALL DIRECTIONS
5 km
OPEN OPEN
OPEN OPEN
OPEN
M&I: 670,000 oz M&I: 566,545 oz
Inf: 570,000 oz Inf: 257,361 oz
* Resources include reserves 10
18. Union Reefs & Pine Creek
Near Term, Low Cost Production TSX:CRK
New targets adjacent
to Union Reefs Mill
Potential for near
term, low cost
production
Currently prioritizing
targets
Potential production
mid 2011
Pine Creek indicated
resource increase
from 69,600 oz to
288,600 oz
18
19. Union Reefs
TSX:CRK
Historical Production/Intercepts:
Union Reefs = 800,000 oz Au
Pine Creek = 750,000 oz Au
Significant potential to increase existing resources
Union North:
3m @ 24.56 g/t Au Lady Alice:
5m @ 31.97 g/t Au
3m @ 45.10 g/t Au
Prospect Claim:
3m @ 37.50 g/t Au
Crosscourse – “Cosmo” scale target:
11m @ 6.60g/t Au 19m @ 10.62 g/t Au
36m @ 4.10 g/t Au 9m @ 24.40 g/t Au
16m @ 6.00 g/t Au 9m @ 4.00 g/t Au
19
20. High Grade Targets at Union
Reef -Prospect Deposit TSX:CRK
Drilling in 2011
20
21. Union Reef - Crosscourse
Deposit TSX:CRK
Crosscourse Pit Mineralization (Photo taken in base of pit at Crosscourse in
2003 looking north. Mineralization is estimated to be around 30m wide at a grade
of 4g/t plunging to the north at around 60o. Red line is showing high grade zone
21
and orange line is lower grade margin (~1.5g/t).)
22. Exploration Priorities
TSX:CRK
Cosmo resource/reserve upgrade and resource
extensions
Union Reefs area drilling to upgrade and expand higher
grade resources at Crosscourse, Prospect and Lady
Alice deposits
North Point/Princess Louise Trend
Pine Creek
Base metals and precious metals at Iron Blow/Mount
Bonnie within a stratigraphic horizon – potential for
additional deposits
Howley Trend Resource Expansion
Complete property wide compilation and target ranking22
23. Uranium and Base Metal Targets
TSX:CRK
Uranium Base Metals
Two JV partners: Significant upside for base
Thundelarra Exploration metal - precious metal
(ASX:THX) CKR 30% free carried targets on tenements
Rum Jungle Uranium Iron Blow Inferred Resource
(ASX:RUM)
210,000 oz Au
Highlights:
Thundelarra’s Thunderball 10Moz Ag
uranium target: 53 Mlbs Pb
inferred resource 0.556 Mlb 230 Mlbs Zn
Thundelarra recently 13 Mlbs Cu
intersected 4.96 g/t Au over (3,174,876 tonnes grading 2.08 g/t Au,
12 m on North Point/ 100.9 g/t Ag, 0.76% Pb, 3.28% Zn and
Princess Louise trend 0.19% Cu) 23
24. Deposit Development Sequence
& Timing TSX:CRK
2011 2012 2013 2014
Howley
Cosmo
Brocks Creek
North Point/Princess Louise
Pine Creek North
(International, Gandy's)
Pine Creek South
(Kohinoor, South Enterprise, Cox)
Kazi & Bon's Rush
Bridge Creek, Western Arm
Based on current reserves and resources 24
Esmeralda
25. Undervalued on Equivalent/oz Au
Comparison TSX:CRK
$600
KCN
EV/oz Au Producer Average
$500
= $US 134/oz
SMF
$400
Crocodile Gold
EV/oz Au (US$/oz)
= $US 59/oz
$300
AGI
HRG
$200
GAM
ORA NGD
ARZ AVO
AVM GSC
MFL Average
RSG
$100
EDV ALD JAG OGC ANV
CLF
P CRK NGX
RML
$0
0 5,000 10,000 15,000 20,000
Source: NBF 25
Updated as at Jan 17, 2011
Total Resources (Moz Au)
26. Undervalued on Price to Net
Asset Value Comparison TSX:CRK
2
1.5
1
0.6x
0.5
0
ORA CRK AGI GSC YRI LSG ANO ELD AEM
Source: Raymond James Gold Producers 26
Updated as at Apr 5, 2011
27. Short to Long Term Strategy
TSX:CRK
Short Term Targets
Begin mining at Pine Creek
Start production at Cosmo
Accelerate exploration program
Medium Term Targets
Expand reserve/resource at Cosmo
Establish new lower cost mining areas at Pine Creek/Union Reefs
Reduce operating costs (optimize Union Reefs Mill)
Increase reserves to 1 million ounces – increase resources to 6.5
million ounces
Long Term Targets
Explore to add meaningful increase to resource base
Expand overall production
27
28. Management & Board
TSX:CRK
Management Board of Directors
*Mike Hoffman, P.Eng. Stan Bharti, P.Eng.
President and Chief Executive Officer Chairman
*David Keough George Faught, CA
Chief Operating Officer
*Mike Hoffman, P.Eng.
Steve Woodhead
Chief Financial Officer
*Bruce Humphrey, P.Eng.
Bill Nielsen. P. Geo.
Vice President, Exploration Peter Tagliamonte, P.Eng.
*All previously employed at Goldcorp
28
29. Capital Structure
TSX:CRK
Analyst Coverage
Share Structure (at March 25, 2011)
Cormark Securities
TSX:CRK Fraser Mackenzie
Shares Issued & 309,838,811 Raymond James
Outstanding Union Securities
Warrants 62,974,116 CRK Share Price
1.80
Options 13,414,704 1.60
1.40
Fully Diluted 386,227,631 1.20
1.00
Market Capitalization $282 Million 0.80
(at April 4, 2011) 0.60
0.40
0.20
0.00
29
30. Investor Contact Info
TSX:CRK
Mike Hoffman www.crocgold.com
President and CEO
416-861-2964
mhoffman@crocgold.com
Nirupa Maharaj
Manager, Investor Relations
416-861-5899
nmaharaj@crocgold.com
Union Reefs Mill
A Member of the Forbes & Manhattan Group of Companies 30