Investor Presentaiton
1.
2.
Exciting
pipeline of
organic
growth
opportunities
Red Chris
Havieron
•
70% interest acquired in August 2019
.
Exploration earn-in agreement
•
Open Pit operation, with block caving
potential
.
40% interest with pathway to 75%¹
.
All ore to processed at nearby Telfer
operation²
The Havieron Project is operated by Newcrest
under a farm-in agreement with Greatland Gold
Plc. Newcrest can earn up to a 70% joint venture
interest through expenditure of US$65 million and
the completion of a series of exploration and
development milestones in a four-stage farm-in
over a six year period that commenced in May
2019. Newcrest may acquire an additional 5%
interest at the end of the farm-in period at fair
market value.
The farm-in agreement includes tolling principles
reflecting the intention of the parties that, subject
to a successful exploration program and
feasibility study, the resulting joint venture ore will
be processed at Telfer.
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CATERPILLAR
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