Bird in Hand Gold Project

Transcription

1 TERRAMIN AUSTRALIA LIMITED Bird in Hand Gold Project Community Update Meeting Matt Daniel Meeting Facilitator (Environment & Community)

2 Welcome Tonight s format Introduction CEO Project update Project Director Questions and Answers session SLIDE No. 2

3 Who are we? Martin Janes CEO Based: Adelaide ASX: TZN listed in 2003 Shareholders: 2900 / Majority owned by Australians Market capital: $200 million Operate: Algeria, Adelaide Hills and North Eyre Peninsula SLIDE No. 3

4 Who are we? Martin Janes CEO Developed and operated the Angas Zinc Mine from 2006 to 2013 Purchased the Bird-in-Hand Gold Project in 2013 Purchased Property to develop Project in 2015 Utilise existing infrastructure at Strathabyn Maximise local business opportunities SLIDE No. 4

5 TERRAMIN AUSTRALIA LIMITED Bird in Hand Gold Project Project Update Joe Ranford General Manager / Project Director

6 Bird in Hand Angas Zinc Mine SLIDE No. 6

7 Project Footprint SLIDE No. 7

8 Project Process Community Engagement at Every Step Objective: Develop small high grade underground gold mine from the Bird in Hand gold deposit Understand the environment we re in Design underground mine with minimal surface footprint Gain Approval from State and Federal governments Construction and Operation of the Project Closure and Rehabilitation of the Project SLIDE No. 8

9 Groundwater Study and Baseline Data Collection Baseline data collection Groundwater Surface water Air Quality Dust Noise Traffic monitoring Flora and Fauna SLIDE No. 9

10 Species of Interest Behr s Cowslip Orchid Yellow Tailed Black Cockatoo Endangered Species in the local area Focus on Biodiversity Stiff white Spider Orchid Crested Shriketit SLIDE No. 10

11 Exploration CEO Martin Janes with some of the Environment, Geology and Engineering team members 13 drillholes Geological, Geotechnical and Metallurgical information to progress design work Data supports designs to determine how we can best access the gold SLIDE No. 11

12 Project Footprint Underground access point Portal Access from Pfeiffer Road Excess dirt Landscaped Returned underground SLIDE No. 12

13 Gold Vein Underneath Old Workings Bird-In-Hand ,500 ounces depth ~120m Modern drilling in region since ,000 ounces depth from 150m SLIDE No. 13

14 Things we need to manage really well Water: How will we protect it? Visual impact: What will it look like? Transport: Where will the trucks go? Lifestyle: Will there be noise and blasting? Sharing economic benefit: What are the opportunities for local employment and businesses? SLIDE No. 14

15 Water Management is Key Objective: Protect quality and quantity of groundwater now and into the future Avoid fractures and aquifers Grouting Sealing the mine Approved for potable water Proven technology SLIDE No. 15

16 Sharing Economic Benefits ~$26M capital start-up $30M per annum Typical Local Business Uniform suppliers Earth Moving/Civil Safety suppliers Hardware/auto Freight Couriers Drilling Haulage & Transport Supermarkets Local Hotels Local Bakery Labour hire Engineering and Maintenance Explosive Suppliers Fuel Suppliers Equipment Manufacturers SLIDE No. 16

17 Current Employment Estimates 125 Fulltime jobs SLIDE No. 17

18 What s currently happening at Goldwyn Cattle agistment in the northern paddocks Ongoing Environmental monitoring and testwork Water Air quality Collecting weather data Soil/rock characterisation Additional geotechnical investigations 2016 tree planting programme Bund construction SLIDE No. 18

19 Land Management Bund Construction Stormwater management Erosion control Biodiversity corridors Revegetation Visual screen SLIDE No. 19

20 2016 Revegetation Programme plants Fencing Weed control Slashing Tubestock planting Grown locally Endemic species Improving biodiversity Vegetation corridors and buffers SLIDE No. 20

21 Community Engagement to date This has included: Newsletters Group meetings Fence chats We meet regularly with our neighbours to involve them in any on ground works that may affect them to date Drilling Pump testing Environmental studies SLIDE No. 21

22 Consultation and Engagement Process We recognise we need to engage to be successful Looking to establish formal consultation mechanism Terramin will continue to engage as before CSIRO: Engaged as an independent expert Dr. Kieren Moffat What do you think? How do you want to be engaged? Publicly available upon completion SLIDE No. 22

23 Formal Community Consultation Formal consultation undertaken as part of Mining Lease Proposal Information on this process is on August Newsletter Department of State Development Landholder Rights booklets Links on our website terramin.com.au SLIDE No. 23

24 Community Consultation Committee Role: Community and Company to work together to realise the benefits and opportunities and ensure matters are managed collaboratively Independent Chairperson to facilitate Who: Community representatives What: Conduit between Community and Company When: Regularly. Monthly to quarterly. To be agreed SLIDE No. 24

25 Consultation Going Forward How do you as a community want to be engaged? How do you want to receive information about the Bird in Hand Gold Project? More information: Newsletters (mail drops and list) Website: terramin.com.au bih@terramin.com.au Phone (24 hrs): SLIDE No. 25

26 TERRAMIN AUSTRALIA LIMITED Question & Answer session Bird in Hand Gold Project Matt Daniel Environment & Community

27 Independent Advice Department of State Development Landholder Rights booklets South Australian Chamber of Mines and Energy Guidelines International Council on Mining and Metals factsheets SLIDE No. 27