Setting the standard in European mine development Investor Presentation January 2014
Uniquely Positioned Macedonia A genuine collaboration: locally, nationally and internationally EIS approved and 30 year mining concession granted Corporate tax rate of 10% only payable on distribution IMF support will change Macedonias…
Management Team Steve Sharpe President & CEO Varshan Gokool CFO Pat Forward COO Previously SVP Business Development at European Previously VP and Treasurer at European Goldfields Previously VP Projects & Exploration at European…
Ilovitza Big, simple and reliable Macedonia: Mining friendly state and community LOCATION Excellent logistics road, rail, grid power, water, skilled labour Pirdop (Aurubis) smelter No other examples of modern development DEPOSIT TYPE…
Ilovitza From simple mining & processing to simple delivery logistics Progressing PFS based on 12Mtpa throughput Coarse ore stockpile sensitivity from PEA Typical porphyry-styled metallurgical process & ROM Sulphide ore recoveries.…
Macedonia A Mining Friendly Jurisdiction Key Facts Economy Population: 2.1 million Prudent monetary policy budget deficit: 2.5% Area: 26,000 km2 Inflation under control: 2 3% GDP per capita (PPP): US10,000 Young, low-cost and well…
Community Engagement Early stage community engagement to earn trust of local stakeholders - Local information centre has been opened Tangible benefit to community - 78% of 2% royalty invested back into the municipality Looking to…
So whats next Project Level Completion of PFS, optimising and confirming PEA results, Due Q1 2014 Benchmark Cu 3.01/lb, Au 1274/oz, NPV (5%) : USD 352m Using the highly successful conversion of Inferred to Measured and Indicated to…
In volatile capital markets the key to Project delivery is financing In tight financing markets, Management are progressing a number of funding alternatives in parallel, to ensure project delivery whilst minimising dilution Phase 1:…
Project Execution & Finance Delivery 2012 2013 2014 2015 2016 2017 2018 Technical Infill Drilling (completed) Exploitation Concession Agreement / EIS Approval PEA (completed) PFS (delivery Q1) Construction Feasibility…
So what makes Ilovitza unique A simple to develop, homogenous orebody with metallurgy receptive to basic, traditional, low-cost processing Located in a developed economic zone with all the attendant infrastructure on tap A smelter…
Corporate Information Capitalisation Overview Market cap C 21 M Closing Price (31 December) C 0.25 Share price against Market Vector Junior Gold Miners Index (GDXJ) 12 months to Dec 2013 52 Week High C 1.62 52 Week Low C 0.25…
www.euromaxresources.com Steve Sharpe President & CEO E: ssharpeeuromaxresources.co.uk T: +44 203 667 2970 Karen Atchison Manager, Investor Relations E: katchisoneuromaxresources.co.uk T: +44 203 667 2970