P A N A U S T R A L I A N
R E S O U R C E S L I M I T E D
Pure Play Metals Conference
GS-JBWere 30th November 2006
Pure Play Metals Conference GS-JBWere 30 th November 2006 Project - - PowerPoint PPT Presentation
P A N A U S T R A L I A N R E S O U R C E S L I M I T E D Pure Play Metals Conference GS-JBWere 30 th November 2006 Project Location Map S/E Asia Phu Bia Contr ac t Ar ea TRUONGSON CHIANG MAI TRUONGSON C H I A N G M A I BELT
R E S O U R C E S L I M I T E D
GS-JBWere 30th November 2006
Phu Bia Contr ac t Ar ea Puthep Puthep Pr
Pr
C H I A N G M A I B E L T TRUONGSON BELT L O E I
H E T C H A B U N / L O U A N G P H A B A N G B E L T
Mae Sot Chatree L E GE ND
Ac id igneous r
Palaeozoic -Mesozoic volc ano sedimentar y belt - volc anic ar c s
CHIANG MAI BELT TRUONGSON BELT
LOEI-PHETCHABUN/ LOUANGPHABANG BELT
Sepon Sepon
* After precious metal credits: US$450/oz gold and US$8.00/oz silver.
... on schedule, within budget
... on schedule, within budget
Transporting Haul Trucks to site
... on schedule, within budget
... on schedule, within budget
SAG Mill Castings October 2006
Tailings Storage Facility Plant Site ROM Pad and Crusher Phu Kham South Pit Access Road Phu Kham North Pit Stage 1 Campsite Overland Conveyor
... on schedule, within budget
New School and Market Place in the local village
Phu Kham CuA U Project Com m itm ent Curves - Total Project
10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000
J a n
F e b
M a r
A p r
M a y
J u n
J u l
A u g
S e p
O c t
N
D e c
J a n
F e b
M a r
A p r
M a y
J u n
J u l
A u g
S e p
O c t
N
D e c
J a n
F e b
M a r
A p r
M a y
J u n
J u l
A u g
S e p
US$ Commitments (Monthly )
100,000 150,000 200,000 250,000 Planned C
Forecast Planned Committed Forecast
Price assumptions: Copper US$1.35/lb, Gold US$450/oz, Silver US$8.00/oz
+1% copper in floor of final pit Limited drilling below current pit
Copper Copper mi mine cost ne cost cur curve, e, 2009 2009
50 100 150 200 2000 4000 6000 8000 10000 12000 Cumulative production (000t) Business operating cost (c/lb Cu)
1st Quartile 2nd Quartile 8th Decile 9th Decile Phu Kham
Assumptions: Copper price: US$1.00/lb Gold price:US430/oz Silver price:US$6.50/oz Molybdenum oxide price:US$4.56/lb TC:US$55/dmt RC:US5.5/lb Production:52,312t contained Cu
Business operating cost: US$0.659/lb
Scenario 2
Mine & Mill Industry Average ~US$5,500/t Cu Equiv in 2003 Dollars Phu Kham ~US$3,900/t in 2006 Dollars ~US$3,700/t in 2003 Dollars CPI Adjusted ~US$2,700/t in 2003 Dollars Mine Cost Inflation Adjusted
1000 2000 3000 4000 5000 6000 7000 8000 1985 1990 1995 2000 2005 2010 Capital Intensity US$/t Cu Equiv
2006 Dollars 2003 Dollars cost inflation adjusted 2003 Dollars CPI adjusted
Silver price assumption US$8.00/oz all scenarios
1Assumes a diesel price of 45¢/l to correlate with lower commodity price scenario 2Assumes a diesel price of 60¢/l to correlate with middle commodity price scenario 3Assumes a diesel price of 70¢/l to correlate with current commodity price scenario
By road:
525km to 590km
This presentation has been prepared by the management of Pan Australian Resources Limited (the 'Company') for the benefit of brokers, analysts and investors and not as specific advice to any particular party or person. The information is based on publicly available information, internally developed data and other sources. No independent verification
limitations mentioned herein and is an expression of present opinion only. No warranties or representations can be made as to the
the extent permitted by law), for losses, claims, damages, demands, costs and expenses of whatever nature arising in any way out
Where the Company expresses or implies an expectation or belief as to the success of future exploration and the economic viability
However, such forecasts are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed, projected or implied by such forecasts. Such risks include, but are not limited to, exploration success, gold and copper price volatility, changes to the current mineral resource estimates, changes to assumptions for capital and operating costs as well as political and operational risks and governmental regulation outcomes. For a more detailed discussion of risks and
Exchange, as well as the Company's other Australian Stock Exchange announcements and filings. The Company does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forecast or to update such forecast.