Ausquest Limited · ASX:AQD
Ausquest — Mining News Conference (MNS) Sydney March 2026
15 slides from Ausquest's conference presentation, Mar 11, 2026
Slide 1: Cangallo Exploration Update
AUSQUEST LTD | AUSQUEST. COM. AU For personal use only Cangallo Exploration Update MD PRESENTATION – MNS MARCH 2026 ASX:AQD 1
Slide 2: Disclaimers
DISCLAIMERS 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 based on specific ass
Slide 3: AusQuest Corporate / Management Overview
AusQuest Corporate / Management Overview CAPITAL STRUCTURE BOARD OF DIRECTORS ASX Code AQD Greg Hancock Graeme Drew Christopher Ellis Non-Executive Chairman Managing Director Non-Executive Director Shares on Issue 1,603.6 million For personal use only Options on Issue (listed) Nil SHARE PRICE Option
Slide 4: Playa Kali – Peru, Elephant Copper Country
PLAYA KALI Peru – Elephant Copper Country • Large landholding along Peruvian coastal porphyry copper belt • Projects 100%-owned by AusQuest For personal use only • Established mining jurisdiction with multiple new mine developments approved &/or in progress • Access to significant infrastructure alo
Slide 5: Location – Location – Location
CANGALLO DISCOVERY Location – Location – Location • Low altitude ~1,200m asl means lower cost structures than at high altitude For personal use only • ~8km from the coast – lower cost structures for process water • Power transmission lines cross the prospect – potential cost savings • 30km from Chal
Slide 6: RC Drilling Confirms Large Scale Porphyry System
CANGALLO DISCOVERY RC Drilling Confirms Large Scale Porphyry System • The Cangallo porphyry copper discovery continues to grow with every additional drilling program • Mineralisation is continuous for +1500m in length, 250 to 500m in For personal use only width and to depths exceeding 400m and is st
Slide 7: Continuous Copper Intersections - Only The Beginning
CANGALLO DISCOVERY Continuous Copper Intersections - Only The Beginning Multiple broad intersections of copper & gold averaging >0.30% Cu include intercepts >0.50% Cu. • 310m @ 0.31% Cu, 0.07 ppm Au (CANRC012), including: 68m @ 0.52% Cu For personal use only • 330m @ 0.30% Cu, 0.06 ppm Au (CANRC014)
Slide 8: Cross-Sections – Copper Open in Multiple Directions
CANGALLO DISCOVERY Cross-Sections – Copper Open in Multiple Directions Section 8244200N South Section B North Section B’ For personal use only • Copper and gold are continuous from surface to depths >400m. Mineralisation occurs in stockwork veins within the host volcanics. The primary source of copp
Slide 9: Long-Section – A Very Large Porphyry Cu-Au System Emerging
CANGALLO DISCOVERY Long-Section – A Very Large Porphyry Cu-Au System Emerging • Copper continuous within a north - south A A A’ corridor that extends over 1500 metres length (South) (North) • Diamond drilling (2 holes) confirmed mineralisation extends to depths > 800 metres For personal use only • D
Slide 10: Core Photos – Hypogene mineralisation in Porphyry System
CANGALLO DISCOVERY Core Photos – Hypogene mineralisation in Porphyry System CANDD02 – 581 M CANDD 02 – 581 M Mineralised vein within host For personal use only cpy volcanics showing cpy + pyrite associated with chlorite / sericite within central vein and potassic selvedge CANDD02 – 379 M CANDD 01 –
Slide 11: Cangallo - Regional Context
PERU CANGALLO - Regional Context • Large tenement holding - 60km strike along prospective E-W structures For personal use only • Multiple Porphyry Copper & IOCG targets located close to the coast & infrastructure • Cangallo discovery upgrades potential for further Cu discoveries within AQD tenement
Slide 12: Additional Copper Target Ready To Drill - Lantana
Lantana Additional Copper Target Ready To Drill - Lantana • Great location ~30km east of Cangallo • Large scale Porphyry Copper target (~2km x 1km) For personal use only • Strongly mineralised porphyry(s) inferred by high grade surface copper samples (>1.0% Cu) . • Outcropping Lithocap (AAA) implies
Slide 13: Additional Copper / Gold Targets Ready To Drill - Playa Kali
Playa Kali Additional Copper / Gold Targets Ready To Drill - Playa Kali • Located ~15km west of Cangallo • Copper bearing manto (Fe) outcrops (0.14% to 1.96% Cu) located SE of Mina For personal use only Justa copper deposit • Multiple Cu-Au targets defined by magnetics within E-W structural corridor
Slide 14: Program Timelines (6 months)
PERU Program Timelines – (6 months) 6 Month Work Program Jan Feb Mar Apr May Jun • Stage 3 RC drilling to determine scale of Cu-Au mineralisation & test Cangallo Porphyry Cu-Au for source porphyry / vein system For personal use only Stage 3 RC Drill (+12000m) . where higher grades may occur Assays .
Slide 15: Contact
CONTACT A US Q UEST L IMITED For personal use only Graeme Drew Managing Director 8 Kearns Cres, Ardross, WA, 6153 Tel: +61 (8) 9364 3866 Email: graeme@ausquest.com.au Register here for AusQuest’s InvestorHub www.ausquest.com.au AUSQUEST_LTD AUSQUEST_LIMITED ASX:AQD ASX: AQD | AUSQUEST. COM. AU 15
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