YTC RESOURCES LIMITED - AGM PRESENTATION
Significant exploration success at Nymagee Copper Deposit has led to the integration of the Hera-Nymagee Project
- Nymagee evolving into a major high-grade copper and polymetallic deposit
- Proximity to Hera provides opportunity for centralised processing plant
- Robust Stage 1 development of Hera will establish solid platform for the larger Nymagee development in Stage 2
- Expansion from Stage 1 to Stage 2 to establish major precious and base metal production
STAGE 1: HERA DEPOSIT (YTC-100%) DFS COMPLETE
- Near-term, high-grade gold-lead-zinc-silver development
- +670,000oz gold equivalent* Resource at 8.6g/t Au Eq*
- 7.3 year mine life
- Average annual production of 50,000 Au Eq.** ounces
- Operating costs of A$395/ounce (after Pb-Zn credits)
- Hera deposit open to north and south
STAGE 2: NYMAGEE DEPOSIT (YTC-90%) DRILL OUT UNDERWAY
- Major copper rich polymetallic deposit unfolding, 4.5km from Hera
- High grade copper-lead-zinc & silver open to north and at depth
- Strong geological analogue to the giant CSA Mine
- Maiden resource due 4Q 2011
Competent Persons Statement: Hera Ore Reserve
The Information in this report relating to Ore Reserves is based on work undertaken by Mr Michael Leak of Optiro Pty Ltd under supervision of Mr Sean Pearce, who is a Member of the Australasian Institute of Mining and Metallurgy.
For further information, please read the attached 2011 AGM Presentation for YTC Resources Limited.