

12 Independence Group NL
Long Mine (Ni)
IGO 100%
Western
Australia
Tropicana JV (Au)
IGO 30%
Nova Project (Ni-Cu)
IGO 100%
Jaguar Mine (Zn-Cu-Ag)
IGO 100%
Bryah Basin JV (Cu)
IGO earning 70-80%
Legend
Mines
Development Projects
Base Metal Projects
Gold Projects
SNAPSHOT OF
ASSET BASE
Jaguar
Zn, Cu, Ag
Restructured management, significant exploration potential
Status
Producing
Est. Mine Life
3+ years
Est. cash cost (FY17)
$0.70 – $0.80/lb Zn
(1)
Current Resources
(2)
256,000t Zn
51,000t Cu
13.1 Moz Ag
Estimated production (FY17)
39,000 – 43,000t Zn
4,600 – 5,100t Cu
0.4 – 0.5 Moz Ag
Growth potential
Bentley deeps remains open
Potential VMS clusters
Projects/Exploration Opportunities
Stockman
(Cu, Zn, Ag, Au)
Final permitting process
Considering strategic ownership options
Resource 294,000 Cu t, 598,0000 Zn t,
17.0Moz Ag, 0.4Moz Au
(2)
Fraser Range Project &
Salt Creek JV
(Ni, Cu) (70%)
Regional geochemical sampling, moving
loop electromagnetic surveying and/or
drilling
Aircore programs identified anomalous
results requiring additional exploration
Lake Mackay
(Gold/Base metals) (70%)
Unlocking new underexplored mineral
province
Drilling at Bumblebee has confirmed
proof of concept
Bryah Basin
(Cu, Au) (70%)
Follow up drilling of targets within a
2km strike of previously delineated
zone of geochemical anomalism and
electromagnetic conductors
De Beers Database
Unique sample database
Nova
Ni, Cu
World-class development project
Status
Under construction
Est. Mine Life
10+ years
Est. cash cost
FY17: $4.00 – $4.50/lb
(1)
FY18: $1.50 – $2.00/lb
Current Resources
(2)
325,000 Ni t
134,000 Cu t
Estimated production
FY17: 9,000 – 10,000t Ni
FY18: 27,000 – 30,000t Ni
Growth potential
In-mine exploration and resource
extensions
Regional exploration opportunities
Long
Ni
Cash flow positive throughout nickel cycle
Status
Producing
Est. Mine Life
2 years
Est. cash cost (FY17)
$3.50 – $3.90/lb
(1)
Current Resources
(2)
59,700t Ni
Estimated production (FY17)
7,400 – 8,200t Ni
Growth potential
In mine exploration opportunities
under review
Tropicana JV (30%) Au
Long mine life with potential to increase
Status
Producing
Est. Mine Life
7+ years
Est. cash cost (FY17)
$850 – $950/oz
(1)
Current Resources
(2)
2.2Moz Au (IGO share)
Estimated production (FY17)
117koz – 129koz Au pa (IGO share)
Growth potential
Plant capacity increase from 5.8 to
7.5Mtpa complete H1FY17
Long Island open pit study to
complete in H1FY17
Underground potential
Expansion potential
Large tenement package
Regional exploration upside
1.
For further information see ASX release 27 July 2016 - June 2016 Quarterly
Activities Report and Presentation
2.
Resources shown are inclusive of Reserves, for further information on
Mineral Resources and Ore Reserves please refer to IGO’s 2016 Resources
and Reserves Statement, as released to the ASX, which is available on the
IGO website.
Stockman
(Cu-Zn-Ag)
IGO 100%
Lake Mackay JV (Au)
IGO earning 70%
kilometres
0
750