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    W - West Java 1 Project - GoldMining

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    dicky bhakti
    This document proposes a partnership for the Lebak Project gold and silver mining operation in Indonesia. Key points include: 1. The project has a production IUP license valid until 2039 covering 7,291 hectares with estimated reserves of 634,376 ounces of gold and 7,034,906 ounces of silver. 2. An investment of $42 million for a 70% share is proposed, with an estimated 5.22 year payback period, 37% IRR, and $221 million NPV excluding acquisition costs. 3. The project has existing reserves studies, accessible location, low social risks, and uses conventional gold processing technology. Exploration potential remains across the large license area.

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    W - West Java 1 Project - GoldMining

    Uploaded by

    dicky bhakti
    39 views8 pages
    This document proposes a partnership for the Lebak Project gold and silver mining operation in Indonesia. Key points include: 1. The project has a production IUP license valid until 2039 covering 7,291 hectares with estimated reserves of 634,376 ounces of gold and 7,034,906 ounces of silver. 2. An investment of $42 million for a 70% share is proposed, with an estimated 5.22 year payback period, 37% IRR, and $221 million NPV excluding acquisition costs. 3. The project has existing reserves studies, accessible location, low social risks, and uses conventional gold processing technology. Exploration potential remains across the large license area.

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    W_West-Java-1-Project_GoldMining

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    This document proposes a partnership for the Lebak Project gold and silver mining operation in Indonesia. Key points include: 1. The project has a production IUP license valid until 2039 covering 7,291 hectares with estimated reserves of 634,376 ounces of gold and 7,034,906 ounces of silver. 2. An investment of $42 million for a 70% share is proposed, with an estimated 5.22 year payback period, 37% IRR, and $221 million NPV excluding acquisition costs. 3. The project has existing reserves studies, accessible location, low social risks, and uses conventional gold processing technology. Exploration potential remains across the large license area.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    39 views8 pages

    W - West Java 1 Project - GoldMining

    Uploaded by

    dicky bhakti
    This document proposes a partnership for the Lebak Project gold and silver mining operation in Indonesia. Key points include: 1. The project has a production IUP license valid until 2039 covering 7,291 hectares with estimated reserves of 634,376 ounces of gold and 7,034,906 ounces of silver. 2. An investment of $42 million for a 70% share is proposed, with an estimated 5.22 year payback period, 37% IRR, and $221 million NPV excluding acquisition costs. 3. The project has existing reserves studies, accessible location, low social risks, and uses conventional gold processing technology. Exploration potential remains across the large license area.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 8

    W

    Partnership Proposal
    Wisesa Group

    Wisesa Mining
    LEBAK PROJECT

    www.medcoenergi.com
    The Energy Company of Choice
    W
    I. Executive Summary
    LEBAK Project
    No. Description
    1. LEGAL IUP Operasi Produksi + CNC + 7,291 ha
    2. IUP OP Validity Nov 2019 – Nov 2039
    3. Investment $ 42 Mio for 70% Share
    Pay Back Period : 5.22 year, IRR 37%, NPV $221 MIO (Excluded
    4. Economic Value Acquisition Cost), Reserve Calculation only 365ha (5% from Total IUP
    Area), Easy to access, Social Problem = Low, Ready to Mine.
    Technical Reserve state by KCMI, CIL Old and Easy Technology for processing
    5
    Advantage plant (Using Indonesian Gold Expert Only)
    OPERATIONAL SUMMARY VALUATION SUMMARY
    Mine economic life years 9 Valuation date date 29-Mar-19
    Gold produced oz 634,376 WACC (real) % 5.0%
    Silver produced oz 7,034,906 Project Economics
    Ore tonnes mined - avg Mtpa 3,297,056 NPV US$ million $221
    Waste tonnes mined - avg Mtpa 4,617,663 IRR 37%
    Ore tonnes milled Mtpa 3,166,301 Pay back period year 5.22
    Au grade g/t 0.73 Operating Cost ($/oz)
    Ag grade g/t 8.73 Mining cost (incl. rehandle cost) 264
    Au recovery % 81% Processing cost 448
    Ag recovery % 70% G&A 118
    Au price $/oz 1,700 Royalty 49
    Ag price $/oz 19 Cash cost 879
    Total Capex US$ million 113 incl. silver credit 793
    Acquisition cost US$ million 36 2
    W
    II. Technical Information
    Location

    Lebak is located on the well endowed Western margin of the Bayah Dome, West Java.
    Neighboring operational projects consist of the PT Antam’s Pongkor 3.6 Moz Au and Cibaliung
    0.5 Moz Au mines.
    East Java 1 Gold Project
    The presence of multiple preserved silica sinters across the project indicates the uppermost
    parts of the epithermal vein systems remain intact across the 7,291 hectare IUP.

    Lebak benefits from:


    • Excellent access
    • 4-5 hours drive from
    International airport
    • All season roads
    • Major trucking route
    • Mains power nearby
    • Plentiful year round LEBAK PROJECT
    water supply
    • Moderate Topography -
    Elevation up to 580m
    • Local workforce

    3
    W
    II. Technical Information
    Geological and Structural Controls
    Cisadang Central JORC MIK Resource - BMGS
    • Cisadang shows a strong correlation between vein intensity, grade shells and CSAMT
    • Advanced understanding of the Geological and Structural controls of the mineralization that has helped target successful
    resource infill & extension drilling
    • Preserved Hot Spring Mineralization model
    • Mineralization is open in a number of directions
    W
    II. Technical Information
    Reserve Statement – Competent Person

    Cadangan Terkira Blok Cisadang Central dan Cisadang West by KCMI


    (KCMI – Competent Person Indonesia)

    Au Ag
    Prospek Cut-off Grade Klasifikasi Tonnase
    Kadar (g/t) Metal (oz) Kadar (g/t) Metal (oz)
    Cisadang
    0,4 Terkira 11.825.783 1,07 406.815 14,76 5.611.722
    Central
    Cisadang
    0,4 Terkira 6.614.998 1,07 227.561 14,72 3.130.554
    West
    Total 18.440.781 1,07 634.376 14,74 8.742.276

    5
    W
    II. Technical Information
    Potential Exploration Area

    6
    W
    III. Risk Mapping
    Minor and Low Risk
    Catastrophic
    Major
    IMPACT

    Moderate

    Permitting Resources &


    Minor

    Reserves Processing
    Operation
    Social &
    Human Resources Community
    Insignificant

    Rare Unlikely Possible Likely Almost Certain


    LIKELIHOOD

    7
    W

    Thank You

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