Investor Presentaiton
DELIVERING VALUE FOR
FOR SHAREHOLDERS
Gold Road a Low Risk Cash Generator with Upside
☐
Low risk: Long life, high margin & consistent cash flow generation
Low risk: Debt free with a strong and growing balance sheet
■
Growth and returns opportunity through exploration upside and strong cash flow
Gruyere A Tier One Gold Producer
■ Long life, low cost production at Tier 1 gold mine¹
11 year mine life averaging ~300 kozpa*2
Meekatharra
☐
3.7 Moz Reserve, 6.6 Moz Resource*2
Perth
YANDINA
PROJECT
First year's production of 230,590 oz*, AISC of A$1,155/oz (US$850/oz)³
50:50 JV partner Gold Fields a proven global miner
Lake Grace o
Successful Explorer in Undercover and Underexplored Belts
■
Extensive (~4,500 km²) and prospective Yamarna exploration tenements (100%)
Yandina Project (~85%) an underexplored Greenstone belt in SW Yilgarn
LAKE GRACE JV
Wiluna
Laverton
Leonora
Kalgoorlie
Southern Cross
YANDINA JV
*100% basis, FX: 1AUD = US$0.74
1 Refer to ASX announcement dated 6 December 2019. Tier 1: Greater than 10 year mine life; greater than 300,000 ounces per annum; greater than 3.5 million ounce Ore Reserve and costs at the lower end of the cost curve
2 Refer to ASX announcement dated 12 February 2020 - Gruyere JV only - excludes 0.3Moz of 100% Gold Road Resources.
3 Refer to ASX announcement dated 24 June 2020. Production on 100% basis from 30 June 2019, AISC attributable to Gold Road sold ounces post commercial production (30 September 2019)
4 Joint Venture with Cygnus Gold whereby Gold Road owns 89% interest in Yandina JV and 85% interest in Lake Grace JV. Refer ASX announcement 24 July 2020
YAMARNA
PROJECT
GRUYERE JV
GOLD MINE
PAGE | 4View entire presentation