Upload
janiya-jacoway
View
215
Download
1
Tags:
Embed Size (px)
Citation preview
RTG MINING INC.
CORPORATE PRESENTATION
1
RTG MINING INC.
Same management team that executed on CGA
CGA started as a shell with only A$2.5M cash and no other assets
CGA valued at > US$ 1.1 Billion at the date of the announcement of the B2Gold offer
2
BOARD AND MANAGEMENTPROPOSED BOARD
Michael Carrick Chairman Chartered Accountant
Justine Magee President & CEO Chartered Accountant
Phil Lockyer Independent Director Mining Engineer
David Cruse Independent Director Company Director
Rob Scott Independent Director Chartered Accountant
MANAGEMENT
Mark Turner COO Mining Engineer
Hannah Hudson CFO Chartered Accountant
Geoff M. Jones Consultant Civil Engineer
Geoff G. Jones Consultant Mining Engineer
3
RTG BUSINESS MODEL
Focused on gold
Identify very substantial in ground resources & reserves
Low technical and project risk
Add significant value through rapid & successful development / optimisation
Deliver on all operating parameters
Look to move the project on to ‘safe hands’
Focus on maximising value & liquidity
Executed successfully on this strategy a number of times in the past
4
TRACK RECORD
GOLD PROJECTS
PRODUCTION OUNCES P.A.
COMPANY
MARKET CAPITALISATION
Marymia – W. AustraliaBullabulling – W. Australia
Chalice – W. AustraliaObotan – Ghana
Golden Pride – Tanzania
75,000100,000150,000150,000200,000
Resolute C$1.3bn
Boroo - Mongolia
200,000 Centerra Gold
C$2.5bn
Masbate - Philippines
200,000 B2Gold
C$2.7bn
5
FIRST MOVERS FIRST MOVERS
GOLD MINE
GOLDEN PRIDE First major gold mine in Tanzania
BOROO First major gold mine in Mongolia
MASBATE Largest major gold mine in the Philippines
6
CAPITAL STRUCTURE
TSX – MAIN BOARDTSX – CODE: RTG
ISSUED SHARE CAPITAL 150M Shares on issue
EMPLOYEE PLAN 14M loan funded shares issued at 16.5c
MAJOR SHAREHOLDERS
B2GOLD 28.7M 19.1%
HAINS FAMILY INTEREST 28.3M 18.8%
FRANKLIN TEMPLETON 10.0M 6.6%
MARK SAVAGE 10.3M 6.6%
LIBRA ADVISORS 10.0M 6.6%
Notes:
1. “Top Hat” Scheme to be implemented.
2. Share loan scheme approved.
3. Ratel Group Ltd, a subsidiary of RTG Mining Inc, is one of seven defendants in a writ issued by Westchester Resources Limited in Ghana.
4. Placement announced 28 January 2013 – 160M shares at C13c.
7
MKUSHI COPPER PROJECT
CGA - 51% African Eagle – 49%
Brownfield’s copper mine
Operated from 1920’s to 1970’s
Further drilling and optimization study
Indicated Resources of 31.6mt of 0.63% Cu (200, 738t Cu)
Simple floatation recovery of 94% +
Yields at 30% Cu concentrate – very clean
Intercepts include:
50m @ 1.96% Cu
33m @ 2.10% Cu
10m @ 4.05% Cu
31m @ 2.13% Cu including 2m @ 16.34% Cu
37m @ 2.42% Cu including 6m @ 8.9% Cu
8
SEGILOLA GOLD PROJECTMost advanced gold project in Nigeria
CGA earning a 51% interest
JV Partner is Tropical Mines Limited
Drilling - over 11,000m diamond core now completed
Strike length increased to over 1,500m
NI 43-101 released
Follow up drilling program planned
Simple recovery tests show 95%+ Au recovery
Intercepts include:4.0m @ 105.15g/t, including 3m @ 135.0g/t4.5m @ 22.47g/t, including 1.4m @ 57.95g/t5.7m @ 25.15g/t, including 3.85m @ 35.20g/t and 1.85m @ 56.61g/t6m @ 19.1g/t, including 1m @ 93.6g/t3m @ 42.5g/t4.6m @ 34.61g/t, including 2.1m @ 71.51g/t
Note: In dispute with JV Partner
Maiden total resource of 620,000 ouncesAt a 3.0g/t cut off >500,000 ozs @ 6.77g/t
9
GRADE – TONNAGE CURVE
10
PROJECT SITE – GENERAL ARRANGEMENTS
11
RTG STRATEGY
RATEL GROUP STRATEGDevelop and/or monetise existing assets
Acquire new major assets
Move quickly to develop these assets
Once optimized, move the developed projects on to ‘safe hands’
12
ContactPresident & CEO – Justine Magee Chief Operating Officer – Mark Turner
Tel: +61 8 9263 4000 Tel:+61 8 9263 4000
Fax: +61 8 9263 4020 Fax:+61 8 9263 4020
Email: [email protected] Email: [email protected]
Website: www.rtgmining.com
RTG MINING INC
13
ABOUT RTG MINING INCRTG Mining Inc. is a company which will be listed on the main board of the Toronto Stock Exchange (TSX:RTG) and is a mining exploration company focused on developing gold and copper deposits in Africa.
Post the Top Hat transaction the Group will be earning a 51% interest in the Segilola Gold Project in Nigeria, the largest undeveloped gold resource identified in Nigeria and holds a 51% interest in the Mkushi Copper Project in Zambia.
At the Segilola Gold Project, a maiden NI 43-101 compliant indicated resource of 520,000 ounces of gold contained in 3,658,000 tonnes at a grade of 4.4g/t and an inferred resource of 97,600 ounces of gold contained in 790,200 tonnes at a grade of 3.8g/t was identified from just the first pass 11,000m drill program.
RTG has an experienced management team, and has B2Gold / CGA as a 19% shareholder in the Company. B2Gold is a member of both the S&P/TSX Global Gold and Global Mining Indices. RTG is focused on monetising its existing assets and acquiring major new assets which will allow the Company to move quickly and safely to a producer.
14
FORWARD LOOKING STATEMENTSThis presentation contains “forward-looking statements” that were based on RTG Mining Inc. (“RTG”) expectations, estimates and projections as of the dates as of which those statements were made. These forward-looking statements include among other things, statements with respect to RTG’s business strategy, plans, outlook and shareholder value, projections, targets and expectations as to reserves, resources, results of exploration (including targets) and related expenses, mine development, mine operations, mine production costs, drilling activity, sampling and other data, recovery improvements, future production levels, capital costs, costs savings, cash and total costs of production of gold, expenditures for environmental matters, reclamation and other post closure obligations and estimated future expenditures for those matters, completion dates for the various development stages of projects, future gold prices (including the long-term estimated prices used in calculating mineral reserves) and currency exchange rates.
Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “outlook”, “anticipate”, “project”, “target”, “believe”, “estimate”, “expect”, “intend”, “forecast”, “should” and similar expressions. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are inherently subject to known and unknown risks, uncertainties and other factors that may cause RTG’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements.
15
CAUTIONARY NOTE
The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Neither RTG nor any of its advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss arising from any use of this document or its contents or otherwise arising in connection with this document.
This document does not constitute or form part of, and should not be construed as, an offer, invitation or inducement to purchase or subscribe for any securities nor shall it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.
16