NEWCREST INVESTOR DAY 2018 Exploration edge Fraser MacCorquodale General Manager - Exploration
What are we looking for Au and Au – Cu deposits Tier 1 or Tier 2 deposit Early stage to advanced opportunities
Our Exploration Financially Global Remit Strengths Robust Able to mine and process all Au Strong exploration and Au-Cu capability deposits Collaborative Exploration Approach Innovation
Search Space – Targeting orebodies North America Nevada aligned with Wyoming Mexico our experience West Africa Northern Andes Strategic Review decision to Investment in FDN and Solgold divest Lundin JV 100% Newcrest ground Asia Pacific Southern Andes Australia - exploring undercover PNG – Tabar/Tatau Project Indonesia Project Gen Mirasol New targets identified Actively exploring in 5 regions globally
Able to mine and process Mining Processing all types of Au and Au- Cu deposits Open pit Large scale comminution Selective Underground Pressure oxidation Bulk Copper-gold flotation Underground Cyanide & CIL (Including Block Caving)
Newcrest’s Caving Technology gives us a deeper search space 2000 - 2010 2005 onwards 2009 - 2016 2012 onwards Future Ridgeway Telfer Ridgeway Cadia East Golpu Sublevel Sublevel Deeps Large caving Block Caves Caving Caving operation Block Cave
Gold Deposit Endowment Looking deeper in Australia opens new opportunities Our Search Cover / Basement Space Young Cover Palaeozoic Basement Old Archean-Proterozoic Basement
1. Looking Deeper in Outcrop 2. Exploring under Cover Areas Looking Deeper in Australia opens new opportunities
Looking Deeper in South America: Lithocap Search
Exploration Ground Selection Innovation – • Fertility toolbox • Crustal-scale frameworks • Smarter and Predictive Technologies Smarter and Faster Geochemistry Faster • Ultra low level geochemistry Targeting • Machine learning/clustering High Resolution Core Logging • Real-time assaying • High-resolution mineral mapping • Machine learning/object detection Surface Altered Rock Key Indicator Mineral As Sn As As As Mo Sb Sb Bi Te Sn Te Te Mo Mo Au Au Au Au Au Au Cu GOLD TARGET
Exploration Innovation – Predictive Technologies - TCS Partnership
Collaborative Exploration Strategy Cote d’Ivoire Australia Ecuador • • Second Junction Reefs (JV) • Séguéla (100%) SolGold (EI) • • • Mendooran (O & FI) SINAIM JV (O & AP) Lundin (EI) • Encounter Alliance & JV’s • • Dianra North & South (100%) Lundin Gold (JV) • • Euro (FI) • Bouake (100%) Porphyry targets (100%) • • Isa North (100%) Boundiali (100%) Argentina • • Cloncurry (O) Randgold JV (50% JV) • • Cerro Lindo (O & FI) Bulimba (100%) North America Indonesia • Jarbidge (O & AP) • Antam Alliance • Rattlesnake Hills (O & FI) • Epithermal targets (100%) Key: FI – Farm-in Papua New Guinea Chile JV – Joint Venture • Wamum (100%) • Altazor (O & FI) • 100% - 100% Newcrest tenement Tatau / Big Tabar Island (O & FI) • Zeus (O & FI) EI – Equity Investment in company O – Option Mexico HOA - Heads of Agreement • Azucar Minerals (EI) AP – Asset purchase if elect to proceed
The vision: New discoveries through unlocking our capabilities 1 2 3 New Mining and Exploration Collaborative Processing expertise Partnerships Discoveries expertise
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