RTG-Mining-Inc-Corporate-Presentation-January

advertisement
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 MANAGEMENT
PROPOSED 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
Mark Turner
COO
Mining Engineer
Hannah Hudson
CFO
Chartered Accountant
Geoff M. Jones
Consultant
Civil Engineer
Geoff G. Jones
Consultant
Mining Engineer
MANAGEMENT
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. Australia
Bullabulling – W. Australia
Chalice – W. Australia
Obotan – Ghana
Golden Pride – Tanzania
75,000
100,000
150,000
150,000
200,000
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 BOARD
TSX – 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 PROJECT
Most 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
Maiden total resource of 620,000 ounces
At a 3.0g/t cut off >500,000 ozs @ 6.77g/t
Follow up drilling program planned
Simple recovery tests show 95%+ Au recovery
Intercepts include:
4.0m @ 105.15g/t, including 3m @ 135.0g/t
4.5m @ 22.47g/t, including 1.4m @ 57.95g/t
5.7m @ 25.15g/t, including 3.85m @ 35.20g/t and
1.85m @ 56.61g/t
6m @ 19.1g/t, including 1m @ 93.6g/t
3m @ 42.5g/t
4.6m @ 34.61g/t, including 2.1m @ 71.51g/t
Note:
In dispute with JV Partner
9
GRADE – TONNAGE CURVE
10
PROJECT SITE – GENERAL ARRANGEMENTS
11
RTG STRATEGY
Develop and/or monetise existing assets
RATEL GROUP STRATEG
Acquire new major assets
Move quickly to develop these assets
Once optimized, move the developed projects on to ‘safe hands’
12
RTG MINING INC
Contact
President & CEO – Justine Magee
Chief Operating Officer – Mark Turner
Tel:
Fax:
Email:
+61 8 9263 4000
+61 8 9263 4020
jmagee@rtgmining.com
Tel:
Fax:
Email:
Website:
www.rtgmining.com
+61 8 9263 4000
+61 8 9263 4020
mturner@rtgmining.com
13
ABOUT RTG MINING INC
RTG 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 STATEMENTS
This 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 forwardlooking 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
Download