haile gold mine design to operationpalomino mustang champion small south pit ledbetter snake 20. 21...
TRANSCRIPT
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CONSISTENTLY DELIVERING ON COMMITMENTS
INNOVATION I PERFORMANCE I GROWTH
Haile Gold Mine Design to Operation
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Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securities of OGC or other financial products. The information contained herein is not investment or financial product advice and has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. The views, opinions and advice provided in this presentation reflect those of the individual presenters only. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusion contained in this presentation. To the maximum extent permitted by law, none of OGC or any of its directors, officers, employees or agents accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. Furthermore, this presentation does not constitute an offer of shares for sale in the United States or to any person that is, or is acting for the account or benefit of, any U.S. person (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act")) ("U.S. Person"), or in any other jurisdiction in which such an offer would be illegal. OGC’s shares have not been and will not be registered under the Securities Act.
Cautionary Statement Concerning Forward Looking Information Certain information contained in this presentation may be deemed “forward-looking” within the meaning of applicable securities laws. Forward-looking statements and information relate to future performance and reflect OGC’sexpectations regarding the generation of free cash flow, execution of business strategy, future growth, future production, estimated costs, results of operations, business prospects and opportunities of OGC and its relatedsubsidiaries. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using wordsor phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” betaken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or resultsto differ materially from those expressed in the forward-looking statements and information. They include, among others, the accuracy of mineral reserve and resource estimates and related assumptions, inherent operatingrisks, and those risk factors identified in OGC’s most recent annual information forms prepared and filed with securities regulators which are available on SEDAR at www.sedar.com under OGC’s name.There are no assurances OGC can fulfil forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to management of OGC as ofthe date that such predictions are made; actual events or results may differ materially as a result of risks facing OGC, some of which are beyond OGC’s control. Although OGC believes that any forward-looking statements andinformation contained in this presentation are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place unduereliance on forward-looking statements and information. OGC expressly disclaims any intention or obligation to update or revise any forward-looking statements and information, whether as a result of new information, events orotherwise, except as required by applicable securities laws. The information contained in this release is not investment or financial product advice.
Technical DisclosureFor further scientific and technical information (including disclosure regarding mineral resources and mineral reserves) relating the Macraes Operation, the Didipio Operation, the Waihi Gold Operation and the Haile Gold MineProject, please refer to the NI 43-101 compliant technical reports available at sedar.com under the Company’s name. For further scientific and technical information (including disclosure regarding mineral resources and mineralreserves) relating to the El Dorado property, please refer to the reports publicly available on SEDAR (www.sedar.com) prepared for Pacific Rim Mining Corp.
General Presentation NotesAll AISC and cash costs are net of by-product credits unless otherwise statedAll financials are denominated in US Dollars unless otherwise stated
Cautionary and Technical Statements
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“Son, Things Change.” 3
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Rich History
• First discovered by Colonel Benjamin Haile
“Gold in South Carolina?”
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5South Carolina
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Carolina Slate Belt 6
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7Haile Property
City of Kershaw
4,552 acres
Fee Simple
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Thomas Pinckney – SC Governor
John Marshal (1787)
William Welch (1792)
Benjamin Haile (1818)$3,000 (Inflated to 2019 $)
5,000 acres
Little Lynches Creek 8
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“Placer” Mining – Panning Circa. 1827
Placer Mining 9
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Arrastras and Pick Axe 10
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First properties to employ stamp mills
Steam driven
No protection
Extremely dangerous
Stamp Mill 11
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1890s –1900s – Dr. Thies
(Picture Circa 1904)
Barrel Chlorination
Dr. and Mrs. Theis 12
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Heap Leaching
Circa 1985
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1. Responsible Partners
2. Safety and Environmental Stewardship
3. Concurrent Mining and Reclamation
4. State-of-the-art Process Facility
a) Ultra-Fine Grinding
b)Cyanide Destruct System
c) Lined Contact Water Facilities
5. Proven Closure Methods
What’s Different? 14
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Responsible Global Partnerships = OceanaGold 15
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Comprehensive and Strategic Exploration Program 16
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Miles and Miles of Core 17
3x
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Champion
Small
601
MillZone Haile
RedHill
Mustang
Ledbetter
Snake
Horseshoe
Palomino
Haile Mineralized Trends
A
A’
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Snake West Cross Section 19
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Mine Plan
900 ft.
2,000 ft.
2.2 miles (3.5 km)
DEP
TH
(ft.
)
HORSESHOE
PALOMINO
MUSTANG
CHAMPION SMALL SOUTH PIT LEDBETTER SNAKE
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High Tech Mining Equipment 21
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Process Flowsheet 22
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Run of Mine (ROM) Pad and Grizzly
Reduces scheduling conflicts with mine
More flexibility for mine (unconstrained material movement)
Enhanced blending / more consistent plant feed grade
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Coarse Ore Stockpile/ Surge Bin Decoupling of crushing operations from milling
Crushing and Milling can run when each are down/up
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Primary Cyclone Feed Pump
Initial Design• Single installed primary cyclone feed pump
Design Modification
• Standby primary cyclone feed pump
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Flash Float Upgrade• Larger unit for increased throughput
• Improved Grinding Circuit operation and maintainability
• Industry proven cell design
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Tailings Treatment
• 100% Cyanide Destruct
• INCO Process
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Tailings Storage Facility (TSF) 28
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Project Time Line
2011 2012 2013 2014 2015 2016 2017 2018 2019
1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H
Feasibility
Permitting
Construction
Commissioning
Operation
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2018 Results
Actual Guidance
Mill Feed Kt 349 370
Avg. Gold Grade g/t 2.44 2.12
Utilization % 86 85
Total Recovery % 75.6 71.4
Gold Produced Troy oz 131,819 125,000
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But to Get That?
Permitting $ 55,000,000
Land $ 111,000,000
Bonding $ 65,000,000
Construction $ 385,000,000
$ 760,000,000
Overhead $ 144,000,000
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Team Work
405 HGM employees
84% Local
28% Diversity (minorities and women)
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Team Work 33
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Building World Class 34
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Vision with Confidence and Courage to Change 35
Diane Garrett – Romarco
Mark Cadzow and Mick Wilkes – OceanaGold
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• “Rich History”
• “Things Change!”
• “Same Location – Different Result”
• “It Takes Active Partners”
• “Continuous Improvement”
• “Teamwork”
• “Vision and Courage”
Summary 36
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Colonel Anthony Biddle
Questions? 37
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