Haile Gold Mine Design to Operation CONSISTENTLY DELIVERING ON - - PowerPoint PPT Presentation

haile gold mine design to operation
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Haile Gold Mine Design to Operation CONSISTENTLY DELIVERING ON - - PowerPoint PPT Presentation

Haile Gold Mine Design to Operation CONSISTENTLY DELIVERING ON COMMITMENTS INNOVATION I PERFORMANCE I GROWTH Cautionary and Technical Statements Cautionary Notes - Information Purposes Only The information contained in this presentation is


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CONSISTENTLY DELIVERING ON COMMITMENTS

INNOVATION I PERFORMANCE I GROWTH

Haile Gold Mine Design to Operation

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Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securities of OGC or other financial products. The information contained herein is not investment or financial product advice and has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. The views, opinions and advice provided in this presentation reflect those of the individual presenters only. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusion contained in this presentation. To the maximum extent permitted by law, none of OGC or any of its directors, officers, employees or agents accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. Furthermore, this presentation does not constitute an offer of shares for sale in the United States or to any person that is, or is acting for the account or benefit of, any U.S. person (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act")) ("U.S. Person"), or in any other jurisdiction in which such an offer would be illegal. OGC’s shares have not been and will not be registered under the Securities Act. Cautionary Statement Concerning Forward Looking Information Certain information contained in this presentation may be deemed “forward-looking” within the meaning of applicable securities laws. Forward-looking statements and information relate to future performance and reflect OGC’s expectations regarding the generation of free cash flow, execution of business strategy, future growth, future production, estimated costs, results of operations, business prospects and opportunities of OGC and its related

  • subsidiaries. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words
  • r phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be

taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those expressed in the forward-looking statements and information. They include, among others, the accuracy of mineral reserve and resource estimates and related assumptions, inherent operating risks, and those risk factors identified in OGC’s most recent annual information forms prepared and filed with securities regulators which are available on SEDAR at www.sedar.com under OGC’s name. There are no assurances OGC can fulfil forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to management of OGC as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing OGC, some of which are beyond OGC’s control. Although OGC believes that any forward-looking statements and information contained in this presentation are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. OGC expressly disclaims any intention or obligation to update or revise any forward-looking statements and information, whether as a result of new information, events or

  • therwise, except as required by applicable securities laws. The information contained in this release is not investment or financial product advice.

Technical Disclosure For further scientific and technical information (including disclosure regarding mineral resources and mineral reserves) relating the Macraes Operation, the Didipio Operation, the Waihi Gold Operation and the Haile Gold Mine Project, please refer to the NI 43-101 compliant technical reports available at sedar.com under the Company’s name. For further scientific and technical information (including disclosure regarding mineral resources and mineral reserves) relating to the El Dorado property, please refer to the reports publicly available on SEDAR (www.sedar.com) prepared for Pacific Rim Mining Corp. General Presentation Notes All AISC and cash costs are net of by-product credits unless otherwise stated All financials are denominated in US Dollars unless otherwise stated

Cautionary and Technical Statements

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“Son, Things Change.”

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Rich History

  • First discovered by

Colonel Benjamin Haile

“Gold in South Carolina?”

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South Carolina

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Carolina Slate Belt

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Haile Property

City of Kershaw 4,552 acres Fee Simple

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Thomas Pinckney – SC Governor John Marshal (1787) William Welch (1792) Benjamin Haile (1818)

$3,000 (Inflated to 2019 $) 5,000 acres

Little Lynches Creek

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“Placer” Mining – Panning Circa. 1827

Placer Mining

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Arrastras and Pick Axe

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First properties to employ stamp mills Steam driven No protection Extremely dangerous

Stamp Mill

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1890s –1900s – Dr. Thies

(Picture Circa 1904)

Barrel Chlorination

  • Dr. and Mrs. Theis

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Heap Leaching

Circa 1985

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  • 1. Responsible Partners
  • 2. Safety and Environmental Stewardship
  • 3. Concurrent Mining and Reclamation
  • 4. State-of-the-art Process Facility

a) Ultra-Fine Grinding b) Cyanide Destruct System c) Lined Contact Water Facilities

  • 5. Proven Closure Methods

What’s Different?

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Responsible Global Partnerships = OceanaGold

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Comprehensive and Strategic Exploration Program

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Miles and Miles of Core

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3x

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Champion Small 601 Mill Zone Haile Red Hill Mustang Ledbetter Snake Horseshoe Palomino

Haile Mineralized Trends

A A’

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Snake West Cross Section

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Mine Plan

900 ft. 2,000 ft. 2.2 miles (3.5 km)

DEPTH (ft.)

HORSESHOE PALOMINO MUSTANG CHAMPION SMALL SOUTH PIT LEDBETTER SNAKE

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High Tech Mining Equipment

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Process Flowsheet

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Run of Mine (ROM) Pad and Grizzly

  • Reduces scheduling conflicts with mine
  • More flexibility for mine (unconstrained

material movement)

  • Enhanced blending / more consistent

plant feed grade

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Coarse Ore Stockpile/ Surge Bin

  • Decoupling of crushing operations from milling
  • Crushing and Milling can run when each are down/ up

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Primary Cyclone Feed Pump

I nitial Design

  • Single installed primary cyclone feed pump

Design Modification

  • Standby primary cyclone feed pump

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Flash Float Upgrade

  • Larger unit for increased throughput
  • I mproved Grinding Circuit operation and maintainability
  • I ndustry proven cell design

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Tailings Treatment

  • 100% Cyanide Destruct
  • I NCO Process

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Tailings Storage Facility (TSF)

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Project Time Line

2011 2012 2013 2014 2015 2016 2017 2018 2019

1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H

Feasibility Permitting Construction Commissioning Operation

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2018 Results

Actual Guidance Mill Feed Kt 349 370

  • Avg. Gold Grade

g/ t 2.44 2.12 Utilization % 86 85 Total Recovery % 75.6 71.4 Gold Produced Troy oz 131,819 125,000 30

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But to Get That?

Permitting $ 55,000,000 Land $ 111,000,000 Bonding $ 65,000,000 Construction $ 385,000,000

$ 760,000,000

Overhead $ 144,000,000

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Team Work

405 HGM employees 84% Local 28% Diversity (minorities and women)

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Team Work

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Building World Class

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Vision with Confidence and Courage to Change

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Diane Garrett – Romarco Mark Cadzow and Mick Wilkes – OceanaGold

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  • “Rich History”
  • “Things Change!”
  • “Same Location – Different Result”
  • “I t Takes Active Partners”
  • “Continuous I mprovement”
  • “Teamwork”
  • “Vision and Courage”

Summary

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Colonel Anthony Biddle

Questions?

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Americas Corporate Office 777 Hornby Street Suite 1910 Vancouver, British Columbia V6Z 1S4 Canada E: info@oceanagold.com