Slide 1: Projects Presentation
22 December 2020 ASX Market Announcements PROJECTS PRESENTATION Attached is a presentation of the Company’s exploration projects to shareholders and investors. Authorised for issue by: Eric Sam Yue Executive Director/Company Secretary AUSMON RESOURCES LIMITED ABN 88 134 358 964 ‘World Tower” Suite 1
Slide 2: Projects Presentation
AUSMON RESOURCES LIMITED PROJECTS PRESENTATION Mark Derriman(Chief Technical Officer) 22nd December 2020
Slide 3: Disclaimer
Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Ausmon Resources Limited and its projects, are forward-looking statements. Such forward looking statements: Are necessarily based upon a number of assumptions
Slide 4: Ausmon - 6 Tenements in NSW Australia
AUSMON - 6 TENEMENTS IN NSW AUSTRALIA 3
Slide 5: Ausmon Tenement Register
AUSMON TENEMENT REGISTER (Wertago/Nuntherungie) Beneficial Tenement Area Name Location Status Interest EL 6400 Koonenberry NSW 100% (Grasmere/Peveril) Expiry on 1 April 2021. EL 6413 Pooraka 1 NSW 100% Expiry on 17 May 2021. EL 8424 Pooraka 3 NSW 100% Expiry on 17 February 2021 EL 8745 Kanbarra NSW
Slide 6: New and Existing Prospects Indicative Work Plan for HY1 2021
NEW AND EXISTING PROSPECTS INDICATIVE WORK PLAN FOR HY1 2021* • EL 8745: (Wertago/Nuntherungie) Eaglehawk (previously named Nth Kanbarra) 1st Drilling of IP Target – March 2021 2nd Drilling of IP Target subject to results of 1st Drilling – June 2021 • EL 8747: Synform West (previously named Stirling
Slide 7: Broken Hill Tenements and Prospects
BROKEN HILL TENEMENTS AND PROSPECTS (Wertago/Nuntherungie) (Grasmere/Peveril) 6
Slide 8: Geology of Nth Kanbarra Prospect
EL 8745 KANBARRA Geology of Nth Kanbarra Prospect (renamed Eaglehawk Prospect) (Wertago/Nuntherungie) (Grasmere/Peveril) Surface expression of Nth Kanbarra Prospect (renamed Eaglehawk Prospect) and a hand sample of the outcropping gossan 7
Slide 9: EL 8745 Kanbarra – Historic Map of Drilling
EL 8745 KANBARRA– Historic Map of Drilling (Wertago/Nuntherungie) (Grasmere/Peveril) 8
Slide 10: EL 8745 Kanbarra – Eaglehawk Prospect
EL 8745 KANBARRA– Eaglehawk Prospect • Prospect located near the southern boundary of EL 8745. • Outcrop is in small areas (5 m x 5 m) (Wertago/Nuntherungie) of bedrock in a broad flat open plain. • Historic shallow drilling (<50 m) has delineated an intermittent zone of gossan and hematite breccia
Slide 11: Eaglehawk Prospect IP Survey - September 2020
Eaglehawk Prospect IP Survey - September 2020 (Grasmere/Peveril) 10
Slide 12: Eaglehawk Prospect IP Chargeability Anomaly and Proposed Drilling
Eaglehawk Prospect IP Chargeability Anomaly and Proposed Drilling in HY1 2021 (Wertago/Nuntherungie) (Grasmere/Peveril) 11
Slide 13: Eaglehawk Prospect 3D IP Chargeability Anomaly and Proposed Drilling
Eaglehawk Prospect 3D IP Chargeability Anomaly and Proposed Drilling in HY1 2021 (Wertago/Nuntherungie) (Grasmere/Peveril) 12
Slide 14: Eaglehawk Prospect IP Anomaly and Proposed Drilling
Eaglehawk Prospect IP Anomaly and Proposed Drilling in HY1 2021 (Wertago/Nuntherungie) (Grasmere/Peveril) 13
Slide 15: Eaglehawk Prospect Next Phases Work
Eaglehawk Prospect Next Phases Work (Wertago/Nuntherungie) • “Test of Significance” fauna survey in December 2020 has not found any evidence of Thick-Billed Grasswren habitats in area proposed for 1st phase drill testing. • Obtain approval for 1st phase of 4 holes for 850 m RC/Diamond (Grasmere/Peve
Slide 16: EL 8747 Stirling Vale Historical Exploration
EL 8747 STIRLING VALE HISTORICAL EXPLORATION (Wertago/Nuntherungie) (Grasmere/Peveril) 15
Slide 17: EL 8747 Stirling Vale – Zinc/Cobalt/Copper Exploration
EL 8747 STIRLING VALE – Zinc/Cobalt/Copper Exploration • Exploring in a Co rich Pyritiferous zone (PI2) hosted by albite gneiss, this same stratigraphic horizon being evaluated by Cobalt Blue Holdings (Wertago/Nuntherungie) (ASX: COB) to the south west of EL 8747. • The nearby Cobalt Blue tenement h
Slide 18: EL 8747 – Synform West Drilling in September 2020
EL 8747– Synform West Drilling in September 2020 (Wertago/Nuntherungie) (Grasmere/Peveril) 17
Slide 19: Synform West Cross Section showing 1995 Pasminco and 2020 Ausmon Drilling
Synform West Cross Section showing 1995 Pasminco and 2020 Ausmon Drilling (Wertago/Nuntherungie) (Grasmere/Peveril) 18
Slide 20: EL 8747 Synform West – Core Hole and Outcrop
EL 8747 Synform West– Core Hole and Outcrop P12 pyrite zone in (Wertago/Nuntherungie) outcrop left and hand specimen below (Grasmere/Peveril) 19
Slide 21: EL 8747 Synform West Prospect Long Section of September 2020 Test Holes
EL 8747 Synform West Prospect Long Section of September 2020 Test Holes (Wertago/Nuntherungie) (Grasmere/Peveril) 20
Slide 22: Synform West Sampling of 1995 Pasminco Drill Hole
Synform West Sampling of 1995 Pasminco Drill Hole Table 1: DD95STV3 Easting (AMG66) 532920 Elements Assayed and units Complete Assays Northing (AMG66) 6464010 Au Ag As Cd Co Cu Fe Mn Mo Ni Pb S Sb Se Te Zn LAB SAMPLE NOS From(m) To(m) length ppm ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm ppm ppm pp
Slide 23: EL 8747 Synform West Prospect Drilling Results Summary
EL 8747 Synform West Prospect Drilling Results Summary • Gold and base metals targeted along two mineralised trends. (Wertago/Nuntherungie) • SVRC001 – 002 tested the PI2 outcropping pyritic siliceous trend at 50 m below the surface. • SVRC003 to 010 tested the cobaltiferous albitic gneiss trend int
Slide 24: EL 8747 Synform West Prospect Drilling Results Summary
EL 8747 Synform West Prospect Drilling Results Summary • The Pasminco drilling in 1995 targeted (Wertago/Nuntherungie) the outcropping “garnet sandstone” horizon which is anomalous in gold to 0.5 ppm. • Sampling by Ausmon confirmed the gold anomalous nature of the “garnet sandstone” however there wa
Slide 25: EL 8747 Synform West Prospect Drilling Results Summary
EL 8747 Synform West Prospect Drilling Results Summary • Broken Hill region is known for very large lead/zinc/silver mines and any future drilling will be to evaluate the zinc potential - silver and lead occurrences from the drill holes were not significant. (Wertago/Nuntherungie) • In the 2018 samp
Slide 26: EL 8747 NW Historic Exploration New Porcupine Prospect identified
EL 8747 NW Historic Exploration New Porcupine Prospect identified Drilling – red dots (Wertago/Nuntherungie) Stars – Zn ppm in surface geochemistry Outcrop Geology (Grasmere/Peveril) 25
Slide 27: EL 8747 NW Historic Exploration New Porcupine Prospect identified
EL 8747 NW Historic Exploration New Porcupine Prospect identified Drilling – red dots (Wertago/Nuntherungie) Stars – Zn ppm in surface geochemistry Aeromagnetics 26
Slide 28: EL 8747 NW Historic Exploration New Porcupine Prospect identified
EL 8747 NW Historic Exploration New Porcupine Prospect identified Drilling – red dots (Wertago/Nuntherungie) Stars – Zn ppm in surface geochemistry Interpreted CRAE Geology 27
Slide 29: EL 8747 NW Historic Exploration New Porcupine Prospect identified
EL 8747 NW Historic Exploration New Porcupine Prospect identified (Wertago/Nuntherungie) 28
Slide 30: EL 8747 NW Historic Exploration New Porcupine Prospect identified
EL 8747 NW Historic Exploration New Porcupine Prospect identified (Wertago/Nuntherungie) 29
Slide 31: EL 8747 Stirling Vale Next Phases of Exploration
EL 8747 STIRLING VALE Next Phases of Exploration • Synform West Prospect (Wertago/Nuntherungie) • Review results from the September RC drilling program. • Consider next phase of exploration for HY2 2021. • Study for any deeper Zn target. (Grasmere/Peveril) • Porcupine Prospect • Field inspection of
Slide 32: Cobalt Occurrences Map of New South Wales Situating EL 8954
Cobalt Occurrences Map of New South Wales Situating EL 8954 EL 8954 31
Slide 33: EL 8954 Brungle Creek Southern Coolac Serpentinite Belt Historic Information
EL 8954 BRUNGLE CREEK Southern Coolac Serpentinite Belt Historic Information Copper/Chromite/Cobalt/Gold/Nickel Exploration • The Coolac Serpentinite Belt hosts known undeveloped cobalt resources at Thadunggra north of Brungle Creek. • The southern portion of the Coolac Serpentinite Belt had very li
Slide 34: EL 8954 Brungle Creek Geology/Prospects
EL 8954 BRUNGLE CREEK Geology/Prospects The Coolac Serpentinite Belt is bound against Silurian Granodiorite rock of the Forbes Anticlinorial Zone to the east and Siluro Devonian volcanics and sediments to the west with largely faulted contacts Numerous copper and chromite prospects occur along the l
Slide 35: EL 8954 Brungle Creek Historic Mineral Occurrences
EL 8954 BRUNGLE CREEK Historic Mineral Occurrences • Several prospects have scattered shallow pits and shafts • Geary’s Prospect – Rock assays to 20.4% Cu and 166 ppm Ag. • Poplars Prospect – Quartz tourmaline veins in dacite, average assays of 34.23% As, 53.23 ppm Ag and 0.21 ppm Au. • Emu Prospect
Slide 36: EL 8954 Brungle Creek Known Copper and Chromium occurrences
EL 8954 BRUNGLE CREEK Known Copper and Chromium occurrences 35
Slide 37: EL 8954 Brungle Creek Historic Cu ppm Rock Assays
EL 8954 BRUNGLE CREEK Historic Cu ppm Rock Assays 36
Slide 38: EL 8954 Brungle Creek Historic Au ppm Rock Assays
EL 8954 BRUNGLE CREEK Historic Au ppm Rock Assays 37
Slide 39: References
REFERENCES Slide ASX Announcement / Reference 16, 21, 24 ASX announcement 17 July 2018 Broken Hill EL8747 Cobalt Assay Results 22, 23, 24 ASX announcement 4 December 2020 Drilling results EL8747 at Stirling Vale 31- 37 Public information available from the NSW Department of Planning and Environment