境外投资项目推介——中东金矿项目

• Kazakh mining company with deposits in Central

• Asia and the Middle East

• Open-pit gold mine

• JORC compliant mineable reserve of 54 M @ 1 .28 g/t Au containing 2.3 Moz Au     (95% M+I)

• Average stripping ratio – 0.92

• Heap leaching technology§    Average recovery – 73%

• Operating mine (launched production in Oct 2015)

• Excellent timing to reserve a position is an opening market for investors

• Kazakh team with over 20 years of experience working together with Iranian               community

• Developed, listed and sold a gold mining company to an international strategic           player for $250M+

• Potential for gold mineralisation identified by a global top-5 metals & mining             corporation in 1999

• Detailed surface exploration initiated in 2000

• Extensive diamond drilling program (some 60,000 meters) completed in 2005

• Definitive Feasibility Study completed by top international company for tank                 leaching and updated by Russian design institute to heap leaching

• Cut-off grade – 0,8 g/t

• Oxide: 54 Mt @ 1 .28 g/t, 2.3 Moz (95% M+I)

• Sulphide: 111 Mt @ 1.54 g/t, 5.51 Moz (75% M+I)

• At this stage mining of oxide ore only is determined to be economic. Sulphide resource, economics of which need to be reassessed, is a potential upside

• Excellent mild climatic conditions

• Abundant, qualified, and cost effective workforce is available nearby

• An intercity highway is in close proximity

• A well maintained secondary road connects the project with the highway

• Gas pipeline and electricity line are in place

• Water for technological needs is available

• The project is exempt from taxation for 10 years

• FIPPA act (Iran) for foreign investors

• 3% royalty rate

  
  

• Capex – $75M (mostly sunk costs)

• $120-150M is seeked via Dubai holding vehicle

• Debt financing/off-take agreement

• Option to acquire an equity stake can be provided to the lender under the transaction

• Sale of a significant minority equity stake

• Purpose: refinance third party loans/achieve design capacity/sulphide study/expansion in the region/partial monetisation of investment

• Production cash cost at c.$390-400/oz.

• Sustainable strong EBIDTA

• Expected annual revenues 180-200M USD at current set plant capacity of 4mt/year 

• Interested parties are welcome to provide letters of interest and request detailed information upon signing of non-disclosure

• agreements

如 有 意 向 进 一 步 了 解 ， 欢 迎 联 系 中 伦 律 师 事 务 所 刘洋汝 秘书 （ 邮箱：[email protected]）。