December 2018 "Solid Gold" Investor Lunch - Sydney
Join us for a solid gold RRS Christmas lunch featuring four sparkling investment opportunities... Red 5 Ltd, Millennium Minerals, Genesis Minerals & Spitfire Materials
- Red 5 Ltd (ASX: RED) looks set to deliver a major increase in its WA gold inventory, with rapidly emerging potential for a large-scale bulk mining operation at King of the Hills.
- Hear from Millennium Minerals (ASX: MOY) on its highly successful campaign to rapidly grow gold production at its Nullagine Gold Project.
- Get the latest from Genesis Minerals (ASX: GMD) on its plans to develop a long-life gold mining operation at the Ulysses Gold Project.
- And get an update on Spitfire Materials’ (ASX: SPI) development plans for its newly-consolidated 2.6Moz Bardoc Gold Project.
WEDNESDAY 12 DECEMBER:
Westin Sydney, 1 Martin Pl, Sydney
Time: 12:00pm - 2.30pm (first presentation will start at 12.10pm)
Registration is free for all genuine investors and includes a two-course lunch, beer, wine and soft drinks. Places are limited so registrations are essential. To register, contact us on (08) 9388 1474 or register using the form on the right-hand side of this page.
RED 5 LTD
ASX: RED / Shares on Issue: 1.24 billion
Market Cap: $86.9 million
Presenter: Byron Dumpleton, Chief Geologist
Just 12 months after completing its landmark $34.5m acquisitions of the Darlot and King of the Hills (KOTH) gold mines in Western Australia, Red 5 is proving there's plenty of gold yet to be discovered. The company has recently commenced mining at the new high-grade Oval West orebody, which it discovered at Darlot in February, with Oval West expected to contribute to a strong uplift in gold production and a reduction in costs over the next two years. However it's KOTH which looks set to deliver the real game-changer for Red 5. The company has recently discovered a large zone of high-grade veins and stockworks at KOTH which have the potential to support a future bulk mining operation. A major 30,000m drill program is now underway to test this theory, with plenty of newsflow expected in coming weeks.
ASX: MOY / Shares on Issue: 792.1 million
Market Cap: $158.4 million
Presenter: James Farrell, Principal Geologist – Project Generation
Pilbara gold miner Millennium Minerals is set to hit the RRS podium having recently delivered a landmark production increase at its 100%-owned Nullagine Gold Project, with its run rate recently clicking over to 100,000 ounces of gold per annum. Millennium’s ability to realise this growth objective is thanks to an extensive ongoing project-wide exploration campaign targeting the significant organic growth opportunities within the Nullagine Project area. The company is aggressively targeting further increases in mine life, with its first underground mine now in production and a major plant expansion underway for the treatment of sulphide ore.
ASX: GMD / Shares on Issue: 910.8 Million
Market Cap: $28.2 million
Presenter: Michael Fowler, Managing Director
Genesis Minerals (ASX: GMD) is a rapidly growing Western Australian gold company focused on developing a significant new standalone underground mining operation at its flagship 100%-owned Ulysses Gold Project, 200km north of Kalgoorlie in Western Australia. Originally the focus of small-scale toll-treatment mining campaigns, Ulysses has since become the focus of a more aggressive exploration campaign focused on the deeper potential below the existing open pits. Genesis recently announced a 137% increase in the Mineral Resource for the Ulysses deposit from 321,000oz to 760,000oz of contained gold, with feasibility work now underway with a view to making a decision on developing a long-term mine at Ulysses in 2019.
ASX: SPI / Shares on Issue: 915.7 Million
Market Cap: $59.5 million
Presenter: John Young, Managing Director
Spitfire Materials Limited (ASX: SPI) - soon to be renamed "Bardoc Gold" - is building a substantial long-term gold business in Western Australia’s Eastern Goldfields through a combination of exploration, acquisition and strategic consolidation. In October 2018, Spitfire completed a merger with Excelsior Gold Limited (ASX: EXG). The merger provides Spitfire with a total group Mineral Resource for the newly-consolidated Bardoc Gold Project of 2.6 million ounces of contained gold. This new 2.6Moz Resource will form part the of the Company’s ongoing technical studies and potential future Definitive Feasibility Studies on the combined Bardoc Project.
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