Investor Presentaiton
Mount Morgans - Initial Ore Reserve of 1.2Moz
Australia's next significant high-grade mid-tier gold project
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MMGP Feasibility Study completed
.
Initial Ore Reserve of 18.6Mt @ 2.0g/t Au for 1.2Moz, includes:
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DARWIN
Westralia Mine Area (Beresford and Allanson underground mines) Ore Reserve of
492Koz at an 8AISC of A$837/oz (US$628/oz), and
Jupiter Open Pit of 643Koz at an AISC of A$1,193/oz (US$895/oz)
• Initial 8 year mine and treatment period. First 4 years averages 186Koz produced
MMGP AISC of A$1,039/oz (US$779/oz)
Capital Expenditure of A$220M (US$165M), which includes:
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Port Hedland
Broome
Newman
Carnarvon
Meekatharr
Mt Magnet
Geraldton
Kalgoorlie
PERTHO
Esperance
DACIAN
GOLD
Mt Morgans Project
Infrastructure costs of A$172M (US$129M) comprising new 2.5Mtpa CIL treatment & TSF facility, new 416-
person accommodation village, mine services facilities at Westralia and Jupiter; administration complex;
overland power reticulation, raw-water supply, re-establish existing haul and service roads; integrated data
and communication systems across site
Mine-establishment costs of A$48M (US$36M) provides early mine start-up so that processing plant commences
treatment at the nameplate 2.5Mtpa throughput rate
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Project Finance secured (Q4 CY2016) and Board approval for construction (Q1 CY2017)
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Gold production targeted in Q1 CY2018, 13 months from now
7 Refer to ASX Release 21 November 2016. Refer to Slide 25 for further details
Payback period: 21 months
DACIAN GOLD LIMITED/daciangold.com.au
8 AISC=C1 Cash cost + royalties + sustaining capital costs
9USD:AUD Exchange rate set at $0.75USD=A$1.00
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