Company Objectives
Increase value for shareholders
Exploration & development
Dual area focus
- Peru & Australia
Avenues for success
- Cash flow from producing assets is imminent
- Prove up medium to large scale orebodies in near term
How we plan to get there
- As a low cost professional operator
- Good community relations
- Sound environmental & safety practice
Project Lines
Goldsmith Resources (southern Peru)
- Gold production commencing May 2013
- Underpinned by Santa Rosa tailings reprocessing
Satellite Mining (southern Peru)
- U/ground mining operations to feed Goldsmith plant
- Near-term modest-sized producing assets
- Increase gold grade to central plant
- Identified during Peru JV with AGC in 2012/13
Larger Opportunities in Peru
- Prove up larger orebodies – long term growth
- Identified during Peru JV with AGC in 2012/13
New South Wales
- Cash flow from Peru operations to drive resource definition
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