For personal use only - ASX · 2014. 2. 21. · JORC Code 2012 on the basis that the information has not materially changed since it was last reported. ... For personal use only ASX

Emerging Gold Province in Frontier Terrain

Cambodia

1.2 Million Ozs Gold

High Grade & Growing

ASX Code: RNS

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Presentation Disclaimer

Forward Looking Statements

This presentation may contain certain forward looking statements and projections regarding:

estimated, resources and reserves;

planned production and operating costs profiles;

planned capital requirements; and

planned strategies and corporate objectives.

Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. They are not

guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control

of Renaissance Minerals Limited. The forward looking statements/projections are inherently uncertain and may therefore differ materially

from results ultimately achieved.

Renaissance Minerals Limited does not make any representations and provides no warranties concerning the accuracy of the projections, and

disclaims any obligation to update or revise any forward looking statements/projects based on new information, future events or otherwise

except to the extent required by applicable laws.

This Mineral Resource estimate for the Okvau Gold project was prepared by Robin Simpson of SRK Consulting (Australasia) Ltd. Mr

Simpson is a Member of the Australian Institute of Geoscientists (AIG), and has sufficient experience relevant to the style of mineralisation

and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2004

edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Simpson consents to the

inclusion of the matters based on his information in the form and context in which it appears. It has not updated since to comply with the

JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

The information in this report that relates to Exploration Results is based on information compiled by Mr Nick Franey, a full time employee of

the company and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Nick Franey has sufficient experience which is

relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a

Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore

Reserves’. Mr Nick Franey consents to the inclusion in the report of the matters based on his information in the form and context in which it

appears.

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ASX : RNS www.renaissanceminerals.com.au

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Company and Project Highlights

3

Major High

Grade Gold

Discovery

Prospective new unexplored Intrusive Related Gold

Province in Cambodia

Independent JORC Resource estimate of 15.6Mt at 2.4g/t

gold for 1.2 Million Ozs at the 100% owned Okvau

deposit 1

Strategy:

Resource

Growth

Resource from surface and remains ‘open’

Multiple high priority, untested targets within 20km

project radius

Cambodia

‘New

Frontier’

First mover advantage in an emerging democratic country

Favourable investment and mining regime with political

stability

Proven

Management

Team

Proven financial, corporate and technical capabilities

Experienced in-country team


1 Refer slide 8 and ASX announcement dated 8 March 2013

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Shareholder Structure

Cash (31 Dec 2013) 2 ~A$4M

Market Capitalisation (fully diluted) A$27M

Current Share Price A$0.09

Capital Structure (ASX:RNS)

Share Price Performance

Proforma Ord Shares on Issue 306M

Enterprise Value (fully diluted) A$23M

Top 5 Shareholders >50%

Top 20 Shareholders >70%

ITM Options1 -

Debt Nil

1 Excludes out-of-the-money options being 20.7M exercisable at 10c/25c/30c/35c2 Refer Quarterly Report dated 29 January 2014

Corporate Snapshot


RNS Share price

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Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14

ASX Ord Gold Index

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Board and Management Team

Justin Tremain

Managing DirectorFounding director

12 years of project assessment &

investment banking experience in the

natural resources sector

Ex-NM Rothschild & Sons and

Investec Bank (Commodities and

Resource Finance)

Mel Ashton

Non-Exec DirectorNational Director of

the Institute of

Chartered Accountants

Chairman of Gryphon

Minerals Ltd and

Venture Minerals Ltd

Nick Franey

Head of ExplorationGeologist +30yrs

exploration experience at

grass roots and advanced

project level

Ex - Azumah Resources,

Discovery Metals, Oceana

Gold and Anglo American

Vireak Nouch

General Manager

CambodiaQualified Petroleum

Engineer, Geologist

11yrs with Cambodian

Ministry of Industry, Mines

& Energy

5yrs with Renaissance / OZ

Minerals in Cambodia

Alan Campbell

Non-Exec ChairmanGeologist +30yrs experience

African, Asian and Australian

experience

Ex- MD of Papillon , Fekola

discovery in Mali

Brett Dunnachie

CFO/Company

SecretaryChartered Accountant

Ex-Audit PwC

Over 13yrs exp.

corporate & secretarial

experience

Dave Kelly

Non-Exec DirectorGeologist

+20yrs experience in

exploration, operations

management, mine

planning, project

evaluation and business

development


Craig Barker

Exploration ManagerGeologist +18yrs

exploration experience

10yrs senior technical

and management roles

in Australia, Africa,

China, Laos and

Bulgaria

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Cambodia | Frontier Prospective Exploration Terrain

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Internationally recognised, peaceful

democratic elections

Population of approx. 14 million

Growth orientated with mining as a

high priority

One of last significant unexplored minerals provinces in the World

Favourable fiscal regime for mining: 30% corporate tax rate

2.5% gross revenue royalty

No foreign currency restrictions

No foreign ownership restriction

Flagship gold project for the Government - ‘First Mover Advantage’

Transparent mining governance

regime


Investment in infrastructure

(hydropower and roads)

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Project Overview | “A New Intrusive Gold Province”

100% direct ownership of Okvau and

O’Chhung licences covering 400km2

Sparsely populated eastern region

Over 800km2 of prospective virgin terrain

Geologically and geochemically analogous with the +100Moz Tintina Belt (Alaska-

Yukon)

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No land conflict issues (villages, towns,

timber plantations, crops)

Key attributes:Access

Easy topography (flat and reasonably open)

Power (nearby 400MW hydro project under development)

Water (river and +2,000mm annual rain)

Government support 220kV Transmission Line


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March 2013 JORC Resource (0.65g/t gold cut-off)

Resource Classification

Tonnage

(Mt)

Grade Au

(g/t)

Gold

(Moz)

Indicated 15.2 2.3 1.11

Inferred 0.5 5.9 0.09

Total 15.6 2.4 1.20

Okvau Resource - 2.4g/t | 1.2 Million Ozs and Growing

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Entire ‘open pit’ resource categorised as ‘Indicated’

Notes:

•The resource is reported at a lower cut-off grade of 0.65g/t gold to

approximately 300 metres vertical depth (-150mRL)

•The resource is reported at a zero lower cut-off beneath 300 metres

vertical depth (-150mRL) as the volume of this component was

already restricted to a 2.0g/t gold grade shell and this material is

more likely to be extracted by underground mining

Independent JORC estimate 1

Resource Estimate at Various Cut-Offs

Cut-Off Grade (g/t)

Tonnage (Mt)

Grade Au (g/t) Gold (Moz)

0.5 16.5 2.3 1.22

0.65 15.7 2.4 1.20

1.0 13.2 2.7 1.14

1.5 9.8 3.2 1.0

1.5

1.7

1.9

2.1

2.3

2.5

2.7

2.9

3.1

3.3

8.0

10.0

12.0

14.0

16.0

18.0

20.0

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.7

0.8

0.9

1.0

1.1

1.2

1.3

1.4

1.5

Go

ld G

rad

e (g

/t)

Mil

lio

n T

on

nes

Grade and Tonnage Curve

Million Tonnes Grade

Lower Cut-Off Grade


1 Refer ASX announcement dated 8 March 2013

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0

100

200

300

400

500

600

Total

Deposits

Undeveloped Deposits Held

by Juniors

Grade +2g/t

580

381

261

85

Global Gold Deposits >1 Moz

Okvau Deposit | A Significant Discovery

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>1Moz deposits are extremely rare and a valuable asset

Very few >1Moz deposits at +2g/t gold

Source: Natural Resource Holdings, 2013

Aver

age

Gra

de

~ 1

.0g/t

Aver

age

Gra

de

~ 0

.9g/t

Aver

age

Gra

de

~ 2

.1g/t

Okvau 1.2Moz @ 2.4g/t gold with high growth potential


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Okvau Deposit | High Quality Resource

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Close drill spacing and entirely diamond core

4,000oz per vertical metre

Remains ‘open’ for shallow strike extensions and at depth

Amendable to open pit mining

Distinct high grade zones


Okvau Resource - Grade Shell (Looking North East)

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Okvau Deposit | High Value Open Pit Ounces

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Majority of resource ounces

within pit optimisations

Geometry of resource lends to low

strip ratio mining

90% of Indicated ounces

contained in top 220 metres

Expect good ground conditions for

mining


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Okvau Deposit | Potential Resource Extensions

Anomalous soils outside resource envelope recently tested with shallow drilling

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Recent results from extensional drilling outside resource envelope include:

6m @ 9.5g/t gold from 9m





Confirms north-eastern strike extensions of over 250 metres and OPEN


1 Refer ASX announcement dated 10 February 2014 and 3 April 2013

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Okvau Deposit | Metallurgy

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Indicative gold recovery of 80-85% with no oxidation

Metallurgical test work underway (including variability test work)

Two stage conceptual flow sheet:

Coarse grind and flotation of sulphides into a concentrate

Very low mass pull (<10%) with high gold recovery (90-95%) to

concentrate

Regrind of concentrate

Standard cyanidation of reground concentrate

Metallurgical results Q1 2014


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Okvau Regional | New Discovery Potential

High priority targets within 20km of Okvau Deposit remain untested

Expansion of soil geochemistry defined major gold anomalism

First and only prospect drilled to date is Okvau which was a major discovery

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Area 1

Prospect

Reconnaissance

targets

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10 kilometre prospective gold corridor

Okvau Northern Corridor | Multiple Targets

Limited follow up drilling

Large mineralised system - multi

million ounce potential

Supported by critical multi-elements

(Bi, As, Te)

Potential for ‘Okvau style’ repetitions


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Area 1 Prospect 1

Extensive surface mineralisation over 1,200 metres by 600 metres within

interpreted NW trending shear zone

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Multiple +1g/t gold in soil and trench samples

First pass drilling program of ~3,500 metres underway

TR5: 2m @ 1.11g/t Au

TR5: 3m @ 2.15g/t Au

TR4: 5m @ 0.48g/t Au

TR7: 5m @ 1.24g/t Au

TR7: 10m @ 0.60g/t Au

TR3: 5m @ 1.0g/t Au

TR4: 7m @ 0.91g/t Au


Wide zones of sheeted veins logged in trenches

1 Refer ASX announcement dated 21 February 2014

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Area 6 | Rhyolite Ridge Prospect

>200 rock chips averaging over 1.5g/t Au and up 10.7g/t Au 1

Large 12km2 geochemical

anomaly over a buried intrusive

body

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Numerous high priority

geochemical and structural

targets to be tested

1.5km continuous Au anomaly at Rhyolite Ridge coincidental with Bi, Te, As

Anomaly trends parallel to NW structures that have elevated chargeability (IP)


1 Refer ASX announcement dated 17 September 2013

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O’Chhung Exploration Licence

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100% owned covering a further

200km2 of unexplored prospective

terrain

Adjoins the Okvau licence -

proximity (max. 25km) to the

Okvau Deposit

Catchments areas with highly

anomalous gold in streams located

on known intrusions mapped

Promising soil targets

Extensive local artisanal mining

activity


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New frontier of unexplored virgin terrain

Continue to grow resource inventory and targeting new discoveries

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Attractive valuation on high grade resource with growth potential

Experienced in-country team with first mover government relationship

+1Moz Okvau deposit is a building block towards the discovery of a

‘gold camp’ and development/production

Investment Proposition | Catalysts

Fully funded, results driven, active work program:

Feb Mar Apr May Jun

Drilling - Okvau Resource Extensions

Drilling - Other targets (Area 1, Rhyolite Ridge, Okvau North)

Metallurgical Testwork Results

Scoping Study

Target Generation - Streams, Soils, Geophysics

Resource upgrade (results driven)


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Documents

For personal use only - ASX · 2014. 2. 21. · JORC Code 2012 on the basis that the information has not materially changed since it was last reported. ... For personal use only ASX