The Ilovica Package In the heart EIS Approved Low strip open pit of Europe Conventional Mining Concession granted processing Overwhelming stakeholder support Local infrastructure: Pre-Feasibility Study: 175million Royal Gold…
Background & Management Steve Sharpe Varshan Gokool Pat Forward Martyn Konig Tim Morgan- Randal Bill Abel President, CEO CFO & Director COO & Director Non-Executive Wynne Matkaluk Non-Executive Director & Director Chairman Non-Executive…
Operating in Macedonia Ilovica - Already FDI - cornerstone Lowest tax rate in permitted of a stable and Europe growing economy Highly educated, Free Trade agreements Ranked 30th by World young and readily with EU and E FTA Bank in…
Ilovica PFS Highlights Maiden Mineral Reserve Pre-tax NPV(5%) US 675 million - 2 . 4 5 Moz Au IRR:19% Post-tax NPV(5%) US 558 million - 9 0 5 Mlb C u IRR:16% THROUGHPUT 10 MTPA MINE LIFE 23 YRS S T R I P R AT I O 0 .7 : 1 AV G P R O C…
Royal Gold Streaming Agreement US175m: Stream: Commitment to 2 tranches within 1 Sell 25% of gold deliver 525,000oz year totalling 15m produced at 25% of gold over life of mine 3rd tranche 160m spot gold price toward construction…
Debt Package UFK in-principle US215 million Project US25 million eligibility Finance Equipment Finance Socit Gnrale & Caterpillar Financial German Untied Loan UniCredit Bank Guarantee Scheme Subject to copper Intercreditor principles…
Credible Delivery Robust project Simple mining Excellent economics & processing logistics Readily Unprecedented A management financeable local, national & team that without significant international has done it dilution support all…
Appendix
Resource & Reserve Statement Notes to Mineral Reserves: 1. Sulphide mill cut-o of 0.3 g/t gold equivalent Mineral Reserve (Effective June 2014) Grade Contained Metal based upon the following calculation: Recovered gold equivalency…
Geology & Resources Gold-Copper porphyry with classic porphyry zonation and minimal post mineral overprinting in open pit material Homogenous mineralisation with good grade continuity Pit constrained M+I Mineral Resources of: 237…
Mining and Reserves Mining by conventional open pit using large scale mining fleet Strip Ratio of 0.7:1 10Mtpa operation using 100t trucks in a highly competitive mining equipment market with leasing a possibility (not in PFS) PFS…
Site Layout & Infrastructure Excellent existing infrastructure Grid power and paved road to within 7km of site Haul road and access road costs developed based on local quotes Power infrastructure based on new line from main 110kV…
Simple & Proven Processing Crushing at pit exit, crushed ore transported to plant using a conveyor SAG and ball mill grinding Flotation of Cu-Au concentrate followed by tailings re-treatment to recover further Au to dor Oxide…
Tailings Management Facility Waste rock from the open pit used for embankment construction 10Mt of waste rock mining brought forward in to pre-production to allow construction of starter dam Standard downstream construction…
Logistics Transportation costs of US45 per tonne of 230'0E 2330'0E 240'0E 2430'0E Trun . . . . concentrate (Ilovica Pirdop) . Pirdp . Brzni . . Sfia . . . . . . 47 km paved road haul to the existing Petrich Prni…
Environmental & Social Aspects Environmental & Social Ilovica Project Impact Assessment Stakeholder Engagement C 44.4 M BaselineStudy Number of face to face meetings with (Socio-economic Survey) national level stakeholders ESIA…
Already Permitted Mining Concession Approved Local EIA Approved On 21st July 2012, pursuant to Article 33 of the Law on The Ilovica Project EIA was approved and gazetted by mineral raw materials, Euromax was granted a 30 years the…
A Proven Board & Management Team Steve Sharpe Varshan Gokool Pat Forward Martyn Konig Tim Morgan- Randal Bill Abel President, CEO CFO & Director COO & Director Non-Executive Wynne Matkaluk Non-Executive Director & Director Chairman…
Corporate Information Capitalization Overview Share price against Market Market cap C 45.5 M Vector Junior Gold Miners Index Closing price (16 June 15) C 0.48 52 Week High C 0.60 52 Week Low C 0.17 Indexed to 1st July 2014 120 Shares…
www.euromaxresources.com Steve L C Sharpe President & CEO E: ssharpeeuromaxresources.co.uk T : +44 203 667 2970 Varshan Gokool Chief Financial Ocer E: vgokooleuromaxresources.co.uk T: + 44 785 850 5841
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