Investor Presentaiton
Gossan Valley 1,2
Gossan Valley expected to grow and de-risk production by providing an additional independent, and relatively shallow
production front at Golden Grove
Overview 2,3,4
2021 Mineral Resources estimates of 6.3Mt @ 1.1% Cu, 6.3% Zn, 0.5g/t Au, 18g/t Ag
Initial 6-year mine life at average mining rate of 326ktpa of ore, producing 2.9ktpa of copper
and 20.0ktpa of zinc, with potential for expansion up to 550ktpa
Project manager appointed
Project Development Schedule²
Activity
Studies & permitting
Approvals
Construction
Production
2023
2024
2025
H2
H1
H2
H1
H2
H1
2026
12
H2
Long Section of Gossan Valley³
10,000
Grassi
Inferred Mineral Resources
estimates outline 31 December 2022
Indicated Mineral Resources
estimates outline 31 December 2022
Open Areas
1.
2.
This slide includes expected dates and forward looking information. Refer to important information regarding forward looking statements at the beginning of this presentation.
Subject to requisite regulatory approvals and Final Investment Decision ("FID").
3.
M
11,000Y
11,000¥
1km
Gossan Valley
A000 TT
12,000Y
29
4.
Refer to important information regarding Mineral Resources and Ore Reserves estimates at the beginning of this presentation.
Refer to "Golden Grove Studies" released to the ASX announcements platform on 22 November 2022 in relation to the material assumptions underlying this production target. Cautionary statement: The information on this slide constitutes a production target for the purposes of
the ASX Listing Rules. The production targets are based on a combination of Indicated and Inferred Mineral Resources. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the
determination of Indicated Mineral Resources or that the production targets outlined on this slide will be realised.
8
9,000Z
10,000ZView entire presentation