Intermin Resources Ltd
Intermin Resources Ltd
GOLD EXPLORATION AND DEVELOPMENT IN THE WA GOLDFIELDS
A P R I L 2 0 1 6
www.intermin.com.au
[email protected] Tel +61 8 9386 9534 ASX Code: IRC, IRCO
Why Intermin
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Australian gold sector remains strong, declining A$ and costs of production
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New team focused on consolidation, growth and development in the WA goldfields
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Expanding JORC Resources - 3.94Mt at 2.66g/t Au for 337,370oz1
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Development ready Teal gold project fully permitted 12km NW of Kalgoorlie
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Narrow vein high grade underground focus to support mill installation at Menzies
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Acquiring value accretive projects within the Menzies - Kalgoorlie corridor
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Potential to develop significant long term production pipeline
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$1.7m cash, liquid investments and potential to monetise non-core assets
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Early stage value proposition with low EV, tight capital structure and near term production
1 As announced on the ASX on 5 July 2013, 13 October 2015 and 8 March 2016, see also Table 2 and notes on slide 18
… Intermin well structured and positioned for growth 2
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Managing Director
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Jon Price
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Company Secretary
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Bianca Taveira
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Non Executive Directors
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Michael Ruane, Robin Dean
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Exploration Manager
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David O'Farrell
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Corporate overview
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Overview
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M
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Ordinary shares on issue
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160.7
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Listed Options (7.5c strike,
30 June 2017 expiry)
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19.5
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Share price
(12 month range 4.5c - 7.7c)
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7.7c
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Market capitalisation
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A$12.4
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Current cash position
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A$1.7
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Investments - ASX listed entities
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A$3.0
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Debt
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Nil
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Top twenty shareholding
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+70%
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Directors and
associates shareholdings
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+45%
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Business Development
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Lorry Hughes
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Board and management team +100yrs collective experience in WA Gold Fields
… tight capital structure, well funded and low burn rate 3
Asset overview
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Quality gold assets in the heart of the WA goldfields
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Consolidating fragmented and underexplored projects in the Menzies - Kalgoorlie corridor
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Flagship Menzies project delivering high grade
underground results
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Teal Gold Project is DMP approved to be mined, financing and resource expansion underway
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Recently acquired assets on the Zuleika, Kunanulling and Bullabulling shear zones
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Potential to divest non-core assets for cash in short
term to provide additional funding
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Strategic joint ventures in place at no cost to IRC
… new team, new strategy and gold focus 4