MARCH 2022 QUARTERLY UPDATE AND OUTLOOK
28 April 2022
ASX Code: AMI
QUARTER UPDATE
AND OUTLOOK
FORWARD LOOKING STATEMENTS
This presentation has been prepared by Aurelia Metals Limited ("AMI" or the "Company"). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.
This presentation contains forward-looking statements that are not based on historical fact, including those identified by the use of forward-looking terminology containing such words as "believes", "may", "will", "estimates", "continue", "anticipates", "intends", "expects", "should", "schedule", "program", "potential" or the negatives thereof and words of similar import.
AMI cautions that these forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by the statements. The Company believes that the estimates are reasonable, but should not be relied upon.
AMI makes no representation, warranty (express or implied), or assurance as to the completeness or accuracy of these projections and, accordingly, expresses no opinion or any other form of assurance regarding them. The Company does not intend to publish updates or revisions of any forward-looking statements included in this document to reflect Aurelia's circumstances after the date hereof or to reflect subsequent market analysis, other than to the extent required by law.
By its very nature, production and exploration for gold and base metals is a high risk business and is not suitable for certain investors. Potential investors should consult their stockbroker or financial advisor. There are a number of risks, both specific to AMI and of a general nature which may affect the future operating and financial performance of AMI and the value of an investment in AMI including and not limited to economic conditions, stock market fluctuations, commodity price movements, regional infrastructure constraints, equipment availability, timing of approvals from relevant authorities, regulatory risks, operational risks, reliance on key personnel and foreign currency fluctuations.
You should not act or refrain from acting in reliance on this presentation material. This presentation does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Company's prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision.
Non-IFRS Financial Information
The Company results are reported under International Financial Reporting Standards (IFRS). This presentation also includes non-IFRS information including EBITDA. The non-IRFS information has not been subject to audit or review by the Company's external auditor and should be used in addition to IFRS information.
This presentation has been authorised for release to the ASX by the Board of Aurelia Metals.
MARCH 2022
28 April 2022
QUARTER UPDATE
AND OUTLOOK
AURELIA SNAPSHOT
Our vision is to be a mining business recognised for creating exceptional value through our people and a portfolio of gold and base metals assets.
We value Integrity, Certainty, Courage and Performance for the safety and wellbeing of our people, and for the benefit of our shareholders and the communities in which we operate.
ASX: AMI
Share price (27 April 2022) Shares on issue
A$0.44 1,237 M
Market capitalisation
Net cash (31 March 2022)
A$544 M A$39.0M
Shareholder register composition
MARCH 2022
28 April 2022
Australian institutions
International institutions
Other
Major shareholders
Platypus Asset Mgt VanEck Associates Corporation
Board and management
Role
Name
Non-Executive Chairman Managing Director and CEO
Peter BottenDan Clifford
5.7% 5.0%
Non-Executive Directors
Lawrie Conway Susie Corlett Helen Gillies Paul Harris Bob VassieCFO & Company Secretary COO
Ian Poole Peter Trout
MARCH QUARTER HIGHLIGHTS
QUARTER UPDATE
AND OUTLOOK
Integrity I Certainty I Courage I Performance
Quarterly performance
Advancing projects
MARCH 2022
28 April 2022
Exciting progress as Company breaks ground at Federation with first blast and excavation of 22m deep box cut for exploration decline
Public exhibition of the Environmental Impact Statement (EIS) for targeted full-scale production
Federation exploration decline development due to begin late in JunQ
Transition to mix of contract and owner mining at Peak to increase development rates for Great Cobar and enable future ore delivery
Outstanding organic growth
Group gold production of 21.8 koz (DecQ: 27.4 koz)
46% increase in Group copper production
Production impacted by ongoing labour shortages, significant rainfall and lower than planned gold grades at Peak
FY22 production guidance lowered from ~112 koz to ~104 koz gold
Despite impacts, All-In-Sustaining-Cost (AISC) maintained in
A$1,350 - 1,550/oz range and capital expenditure forecast unchanged
Federation delivers stand out exploration results
New assay results show strong copper mineralisation and meaningful gold 300m below existing Great Cobar Mineral Resource outline
Drilling in the Kairos deposit returns some of the best gold grades reported at the Peak Mine
Cash at 31 March 2022 of A$80.7M
QUARTERLY HEADWINDS
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Aurelia Metals Ltd. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 02:33:03 UTC.