ESG: Our 'Beyond Compliance' Approach
NEAR TERM ORGANIC GROWTH
ROYAL SHEBA
PROGRESS
•
In the last quarter of FY21 the Group initiated a 10,000 ton bulk
sample project:
•
Utilising the existing Royal Sheba adit on surface
•
•
•
• Access to the ore body is achieved by a trackless decline system
•
The bulk sample ore is to be extracted from 23m below adit
elevation
• This level will be accessed in the fourth quarter of FY22
It is expected that the bulk sample will yield 18kg of recovered
gold
• Mining could be extended on the same level to access an
additional 10,000 tonnes at ~2g/t
23 Level haulage from Sheba Mine ZK Shaft at ~180m from expected
Royal Sheba mineralisation
Scheduling the Royal Sheba ore through the available capacity of
the BTRP plant alone indicates a 20 year life-of-mine at a steady
state production of 25koz per year
Option to increase production to 40ktpm of run-of-mine with
incorporation of New Consort and Sheba plants
Oz per year
30 000
25 000
20 000
15 000
10 000
11-2021
-RS-DEVOUCH
6.PS RANAY
01-3022
GR-DECE
6PS-NOLLBAY
OPERATIONAL
PERFORMANCE BY ASSET
LEGEND
Old Development
November 2021 Dev
December 2021 Dev
January 2022 Dev
Planning Layout
BTRP Plant estimated gold production
5.000
0
YI Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 YIO YII Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20
Tailings (oz)
Royal Sheba (oz)
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