Ausgold Limited · ASX:AUC
Ausgold — Investor Presentation (April 2012)
25 slides from Ausgold's investor presentation, Apr 18, 2012
Slide 1: Investor Presentation April 2012 cover letter
18 April 2012 For personal use only Investor Presentation April 2012 Ausgold Limited (ASX: AUC) is pleased to provide investors with the latest Company presentation. The Company’s Chairman, Mr Robert Pett and the newly appointed CEO, Dr Andrew Tunks, are currently on an international roadshow introd
Slide 2: Ausgold Limited Investor Presentation April 2012
For personal use only Ausgold Limited Unlocking the mineral potential of the southwest Yilgarn in Western Australia Investor Presentation April 2012
Slide 3: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer For personal use only Competent Person’s Statement The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Andrew Tunks, who is a Member of the Australian Institute
Slide 4: Ausgold
Ausgold For personal use only Highly prospective for VMS copper-gold and Plutonic Style gold • Flagship Project – Katanning Gold Project, mineralisation, adjacent to Major epithermal Au/Cu centre DeGrussa VMS deposit South-West, Western Australia defined. Adjacent associated porphyry style intrusive
Slide 5: Ausgold – its been a busy months
Ausgold – its been a busy 12 months For personal use only Identification of 20km long Gold system Katanning Gold Project centred around historic production Numerous geochemical and structural targets ready for next phase of RC drilling Identified and mapped a 200 kilometre long Archean Greenst
Slide 6: Capital Structure
Capital Structure For personal use only ISSUED CAPITAL (as at 12.4.12) AUC SHARE PRICE – AS OF 12 APRIL Ordinary Shares on Issue 122.2M $2.00 Listed Options1 81.4M $1.50 Unlisted Options2 8.4M Un-diluted Market Capitalization $1.00 A$92M Cash at Bank (end Dec Q) A$8M $0.50 12 Month Trading Range $0.
Slide 7: Board & Management
Board & Management For personal use only Extensive experience in gold exploration, mine development and financing Strong ownership position with Board and Management holding ~ 20% of ordinary shares DIRECTORS AND MANAGEMENT 25 years experience in exploration, mining and project development of over a
Slide 8: Katanning Greenstone Belt
Katanning Greenstone Belt For personal use only • Previously unrecognised Archean Greenstone Belt • AUC – 9,000km² of tenure • Almost all is owned 100% by Ausgold • Key indicators for gold deposits – Fertile – seen the Au! – Crustal-scale penetrating structures (340°) – Complex intrusive history – M
Slide 9: Katanning Greenstone Belt - Potential
Katanning Greenstone Belt - Potential For personal use only • Fertile Archean Greenstone Belt • Drilling to date focussed on Katanning Gold Project • Jinkas and Dingo zones are extensions below two small open pit mines operated in 1990’s • Ausgold drilling has demonstrated continuity of both higher
Slide 10: Katanning – Excellent Location
Katanning – Excellent Location For personal use only • 40km from Katanning and less than 300km from Perth by sealed highway • Newmont’s Boddington mine (30Moz) is 190km to the North West on a parallel greenstone belt • Infrastructure in place o Labour o Power o Water o Roads o Airstrip o Housing • A
Slide 11: Katanning Gold Project (KGP)
Katanning Gold Project (KGP) For personal use only • Major gold discovery 100% owned • 20km of gold mineralisation within a structural corridor (340°) • Wide gold corridor with stacked lodes • Multiple gold targets in ductile shear zones on contacts of several adamellites • Advanced areas – Jinkas C
Slide 12: Jinkas Corridor - KGP
Jinkas Corridor - KGP For personal use only • Jinkas corridor identified over strike of 4km - focus of recent RC drilling • At least two styles of mineralisation identified – Wall Rock Replacement – Breccia • High grade shoots identified in three areas - Jinkas, White Dam and Jackson • Gold minerali
Slide 13: Jinkas – The belt has seen the gold!
Jinkas – The belt has seen the gold! For personal use only Significant intercepts from recent drilling 20 m @ 15.6 g/t from 97 m 13 m @ 10.4 g/t from 86 m 12 m @ 10.1 g/t from 93 m 28 m @ 4.1 g/t from 97 m 10 m @ 10.7 g/t from 116 m 20 m @ 5.2 g/t from 93 m 23 m @ 4.3 g/t from 81 m 6m @ 12.7 g/t fro
Slide 14: Jinkas – Cross Section
Jinkas – Cross Section For personal use only • Gold mineralisation within Jinkas corridor occurs proximal to contacts of adamellite intrusions dipping gently east at 30º 13
Slide 15: Jinkas – Orthogonal Section
Jinkas – Orthogonal Section For personal use only • Gold mineralisation within Jinkas corridor occurs proximal to contacts of adamellite intrusions dipping gently east at 30º (see section) 14
Slide 16: Jinkas – Stacked Lodes
Jinkas – Stacked Lodes For personal use only • Gold mineralisation within Jinkas corridor occurs proximal to contacts of adamellite intrusions dipping gently east at 30º (see section) 15
Slide 17: Dingo - Mineralisation
Dingo - Mineralisation For personal use only • Lower grade gold lode mineralisation discovered along strike from historic oxide pit at Dingo • Gold mineralisation now identified by drilling over 1.2km strike length and remains open in all directions including at depth • Gold soil geochemistry indica
Slide 18: Dingo - Orthogonal Section
Dingo - Orthogonal Section For personal use only 17
Slide 19: Exploration Strategy - Katanning
Exploration Strategy - Katanning For personal use only THREE FOLD APPROACH 1. RESOURCE DEFINITION – Follow up existing high-grade intersections and develop maiden JORC Resource for the Katanning Gold Project 2. RESOURCE EXTENSION – Use geochemistry, Geophysics and drilling to extend the Katanning go
Slide 20: Resource Definition
Resource Definition For personal use only • Completion of logging, assay and data interpretation from current drilling • Construction 3D geological model being built by Optiro • Further diamond drilling required for comparison of twinned data for Resource verification • New Exploration Manager about
Slide 21: Resource Extension
Resource Extension For personal use only • Continue air core and soil geochemistry to explore extension of gold systems at Katanning – now • Initiation of down hole geophysics to target high grade lodes – Q2 2012 – Airborne and ground magnetics – Airborne and downhole EM – Induced Polarisation • Air
Slide 22: Katanning Regional Project (KRP)
Katanning Regional Project (KRP) For personal use only • The Katanning greenstone belt offers enormous potential for identifying multiple deposits • Strong geological team to identify and pursue targets – Russell Birrell the founder of MMI technology is our Chief Geologist, CEO Andrew Tunks has sign
Slide 23: Cracow Gold-Copper Project
Cracow Gold-Copper Project For personal use only • Major Epithermal/Porphyry systems recognised • Stream sampling and mapping identified – Five large epithermal Au/Cu targets – Eight Au/Cu/multi-element anomalies – Five poly-metallic porphyry intrusive targets • 1,200km2 of tenements over Camboon Vo
Slide 24: Yamarna Copper-Nickel Project
Yamarna Copper-Nickel Project For personal use only • 10 EM anomalies identified • First pass drilling 2010 at Winchester intersected: – 33m @ 0.55% Cu, 0.33% Ni, and 0.02% Co (33m @ 1.55% Cu Eq.) from 27m • Follow up drilling Nov 2011 intersected: – 21m @ 0.63% Cu, 0.20% Ni, and 0.02% Co (1.24% Cu
Slide 25: Summary
Summary For personal use only • Newly discovered greenstone belt 200km long with 9,000km² of tenure and potential for gold discoveries, almost all 100% owned • Katanning Greenstone Belt has multi-million ounce potential • Major gold discovery already at Katanning within a 20 km gold mineralised corr