Amara Mining plc Developing a Top African Gold Mine
Investor-Presentation-January-2016-FINAL
Investor-Presentation-January-2016-FINAL
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Baomahun: A Second Strong Growth Opportunity<br />
Probable <strong>Mine</strong>ral<br />
Reserves<br />
Head Grade of <strong>Mine</strong>ral<br />
Reserves<br />
1.2Moz<br />
1.62g/t<br />
Indicated <strong>Mine</strong>ral<br />
Resources<br />
Inferred <strong>Mine</strong>ral<br />
Resources<br />
• Feasibility stage project in central Sierra Leone<br />
• Archean-age deposit with high grade core and grades that<br />
improve at depth<br />
• Feasibility Study delivered in Q2 2013 based on 2Mtpa<br />
open pit only scenario – strong economics at US$1,350/oz<br />
gold price<br />
• Potential to increase production to 100,000oz in 1Mtpa<br />
scenario – low-cost optimisation work underway<br />
2.2Moz<br />
Average Production<br />
over life of mine 1<br />
98,460oz<br />
0.5Moz<br />
Life of <strong>Mine</strong>*<br />
12 years<br />
www.amaramining.com<br />
1. According to Baomahun Feasibility Study (2Mtpa CIL plant)<br />
11