Slide 1: Investor Presentation October 2013
3 Large Fraser Range 8 Large Peru Copper- For personal use only Nickel-Copper Targets Gold Targets for Drilling for Drilling Alpha Beta Omega Lana I N V E S T O R P R E S E N TAT I O N October 2013 Huge Leverage to Large Copper and Nickel Targets
Slide 2: Introduction
INTRODUCTION For personal use only • Focus on large provincial Nickel-Copper plays • 3 Large Fraser Range Ni-Cu targets to be drilled Dec 2013 – Jan 2014 • 8 Large Copper-Gold targets to be drilled in Peru throughout 2014 • High impact / low overheads exploration • Enterprise Value $2.8m. Huge lever
Slide 3: Capital Structure
C A P I TA L S T R U C T U R E AusQuest Limited Shareholders For personal use only ASX Code AQD Chris Ellis (NED) 7.1% Shares on Issue 160 million Hamersley Holdings (Rio Tinto Plc) 6.5% Top 20 36% Options on Issue1 8 million Market Cap. (at 2.3 cents) $3.7 million Directors Cash (31 Aug 2013) $0.9
Slide 4: Three Large Fraser Range Ni-Cu Targets
THREE LARGE FRASER RANGE NI -CU TARGETS For personal use only 80km Dundas Project (100% AQD) Tenement Package Dundas Project The 3 (100% Alpha, Beta, AQD) Omega Tenement Anomalies Package 4
Slide 5: Alpha Drill Target - Fraser Range
A L P H A D R I L L TA R G E T- F R A S E R R A N G E ALPHA For personal use only 100% AQD Tenements Mafic/ultramafic rocks • Defined by a combination of ground- from RAB drill results based fixed loop EM and soil sampling RAB Drill Coverage surveys EM Drill Target • Strong discrete conductor • Stri
Slide 6: Omega Drill Target - Fraser Range
O M E G A D R I L L TA R G E T- F R A S E R R A N G E OMEGA For personal use only 100% AQD Tenements Mafic/ultramafic rocks • Defined by a combination of ground- from RAB drill results based fixed loop EM and soil sampling RAB Drill Coverage surveys EM Drill Target • Strong discrete conductor • Stri
Slide 7: Beta Drill Target - Fraser Range
B E TA D R I L L TA R G E T- F R A S E R R A N G E BETA For personal use only 100% AQD Tenements Mafic/ultramafic rocks • Defined by a combination of ground- from RAB drill results based fixed loop EM and soil RAB Drill Coverage sampling surveys EM Drill Target • Strong discrete conductor • Strike l
Slide 8: Eight Large Peru Cu-Au Drill Targets
EIGHT LARGE PERU CU -AU DRILL TARGETS For personal use only 8 Prospects AQD % Partner Manager Lana 100 - AQD El Jaguay 100 - AQD Azucar 100 - AQD Pinguino 100 - AQD Cerro de Fierro 30 * Cliffs AQD Colorada 30 * Cliffs AQD Cardonal 30 * Cliffs AQD Puite 30 * Cliffs AQD COPPER GOLD TARGETS IN PERU * C
Slide 9: Peru - The Place to Be
PERU – THE PLACE TO BE For personal use only • Excellent copper pedigree • Contains some of the world’s largest copper deposits • The world’s third largest copper producer – 1250ktpa Cu and rising • A mining friendly jurisdiction encouraging exploration • Comparatively under explored especially in c
Slide 10: Targeting Porphyry Copper / IOCGs
TARGETING PORPHYRY COPPER / IOCGS For personal use only • Major producers of copper (70% global production) • Large scale low cost mines with mine lives in the decades • Attractive exploration targets – large footprint – Elephant country – Deposits occur in clusters • “Find one and there are likely
Slide 11: Right Area - Ready for Drilling
RIGHT AREA – READY FOR DRILLING For personal use only Cerro de Fierro IOCG Target Drill ready Lana IOCG Target Drill ready Pinguino Porphyry Cu & IOCG Targets El Jaguay-Azucar 2 Magnetic Targets Drill ready Colorada, Cardonal, Puite 3 Porphyry Cu Targets Drill ready 11
Slide 12: Undercover - The Real Opportunity
UNDERCOVER – THE REAL OPPORTUNITY For personal use only • Covered areas restricted historic exploration • More Cu deposits to be found under cover • Aeromagnetics used for area selection • Mapping & sampling used to prioritise prospects • Magnetic gravity & IP targets ready for drilling 12
Slide 13: Large Targets Under Cover
L A R G E TA R G E T S U N D E R C O V E R CERRO DE FIERRO LANA For personal use only • Multiple targets confirmed by ground geophysics • Large scale targets with no 1.5km surface expression 4km • Potential IOCG or porphyry Cu-Au systems • AQD 100% - Lana, Azucar El Jaguay AZUCAR EL JAGUAY 1.8km 1.5
Slide 14: Multiple Copper Targets
M U LT I P L E C O P P E R TA R G E T S For personal use only AQD Prospect Location THREE LARGE PORPHYRY CU TARGETS TO BE DRILLED 10km 14
Slide 15: Porphyry Cu Target - Ready to Drill
P O R PH YRY C U TAR G ET – R EAD Y TO D R IL L C OCOLORADA L O R A D APROSPECT PROSPECT For personal use only • Targets defined by combination of anomalous copper and alteration at surface – Magnetic and/or IP anomalies at depth CCARDONAL A R D O N APROSPECT L PROSPECT 3.0km P U I T E P R OPUITE SP
Slide 16: Summary
SUMMARY For personal use only • Focus on large provincial Nickel-Copper plays • Experienced geological team - high impact / low overheads exploration • 3 Large Fraser Range Ni-Cu targets to be drilled Dec 2013 – Jan 2014 • 8 Large Copper-Gold targets to be drilled in Peru throughout 2014 • Enterpris
Slide 17: Contact
C O N TA C T For personal use only Graeme Drew Managing Director 8 Kearns Cres, Ardross, WA, 6153 Tel: +61 (8) 9364 3866 Email: graeme@ausquest.com.au www.ausquest.com.au 17
Slide 18: Disclaimers
DISCLAIMERS For personal use only Forward-Looking Statements This presentation contains forward looking statements concerning the projects owned by AusQuest Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates