Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Augur Resources — Shareholder Meeting (November 2011)
22 slides from Alpha Hpa's shareholder meeting presentation, Nov 16, 2011
Slide 1: Cover letter to ASX
ABN 79 106 879 690 16 November 2011 The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (22 pages by email) Dear Madam, PRESENTATION TO ANNUAL GENERAL MEETING I attach a PowerPoint presentation which is to be delivered to the shareholders present at today’s Annual General Meeting whic
Slide 2: Managing Director's Address
ABN 79 106 879 690 Managing Director's Address Welcome to Augur Resources Ltd Annual General Meeting. The 2010/11 financial year has been an exciting year for your Company as we finalised an agreement on the Wonogiri project in central Java as well as continued our assessment of the Jampang gold pro
Slide 3: Managing Director's Address (continued)
As you are aware, our exploration strategy has focused on shallow gold and copper projects in Indonesia over the past several years. As such, we have sought joint venture partners for our remaining Australian projects. During the year entered into a joint venture agreement over the Weelah project an
Slide 4: Augur Resources Ltd Annual General Meeting
AUGUR RESOURCES LTD ABN 79 106 879 690 ANNUAL GENERAL MEETING 16 November 2011 Grant Kensington – Managing Director ASX: AUK www.augur.com.au
Slide 5: Disclaimer
Disclaimer This material contains certain forecasts and forward-looking information, including regarding possible or assumed future performance, costs, production levels or rates, prices, resources, or potential growth of Augur Resources Ltd (Augur), industry growth, or other trend projections. Such
Slide 6: Company Snapshot
Company Snapshot Directors Share Price – 52 Weeks $0.50 Chairman Norman Seckold $0.40 Managing Director Grant Kensington $0.30 Director Peter Nightingale $0.20 Director Justin Werner $0.10 $0.00 Capital Major Shareholders 177.2 Million Shares on Issue Permgold Pty Ltd 29.18% 2 Million Employee Optio
Slide 7: Strategy
Strategy Commodity Focus Gold - Copper Area of Focus Indonesia Strategy Explore and develop advanced projects with shallow, definable resources in areas of moderate to advanced infrastructure. 4 ASX: AUK www.augur.com.au
Slide 8: Peer Group Comparison
Peer Group Comparison Company Major Projects Resource Gold Market Price 12 Month Listing oz Capital Price Exchange (M) Aus$ Range G Resources Martabe 138.6Mt @ 1.5g/t Au 6.49 718.2 0.49 0.35-0.73 Hong Kong Tujuh Bukit (80%) 990Mt @ 0.4% Cu and 14.32 663.4 1.25 0.86-2.34 ASX Intrepid 0.45 g/t Au Arch
Slide 9: Project Areas - Indonesia
Project Areas - Indonesia 6 ASX: AUK www.augur.com.au
Slide 10: Wonogiri Project
Wonogiri Project 7 ASX: AUK www.augur.com.au
Slide 11: Wonogiri Project
Wonogiri Project • Target: Shallow gold and copper-gold porphyry; • Approximately 30km from the city of Solo in central Java; • Previous drilling by PT Oxindo (MMG): • DHH1 100m @ 0.96 g/t gold and 0.23% copper from 66m; • DHH2 69m @ 1.09 g/t gold and 0.16% copper from 442m. • Numerous gold bearing
Slide 12: Wonogiri – The Deal
Wonogiri – The Deal • No up front payment; • Partners PT Oxindo (owned by MMG) and PT Alexis Perdana Mineral; • Expenditure commitment of $US 1.5M over first year to earn 51% of the project; • Expenditure of $US 2.0M in the second year to earn 80%; • Oxindo have a 4 year option to buy back 65% of th
Slide 13: Wonogiri – Core Shed
Wonogiri – Core Shed 10 ASX: AUK www.augur.com.au
Slide 14: Wonogiri - Excellent Location
Wonogiri - Excellent Location Erosion of Oligocene volcanic centres has resulting in the exposure of some near surface significant porphyry and epithermal systems in the Java to Sumbawa region 11 ASX: AUK www.augur.com.au
Slide 15: Wonogiri Project
Wonogiri Project Epithermal Target Porphyry Target Epithermal Target Epithermal Targets 12 ASX: AUK www.augur.com.au
Slide 16: Ground Magnetics
Ground Magnetics New target Deeper magnetic high (not tested) Wide zone of quartz veining and Ground Magnetics: stockworking Magnetic highs are white to red; Magnetic lows are New targets purple to blue; 13 ASX: AUK www.augur.com.au
Slide 17: Randu Kuning Porphyry
Randu Kuning Porphyry WDD008 WDD001 222 m @ 0.95 g/t gold and 68.6m @ 1.16 g/t gold and 0.2% copper 0.3% copper WDD009 WDD002 123 m @ 0.67g/t gold and 47 m @ 1.28 g/t gold and 0.17% copper 0.26% copper WDD010 WDD004 123.5 m @ 1.42 g/t gold and 49 m @ 0.99 g/t gold and 0.22% copper 0.39% copper WDD01
Slide 18: Randu Kuning Cross Section
Randu Kuning Cross Section Shallow vertical gold-copper porphyry body at Randu Kuning Open Open 15 ASX: AUK www.augur.com.au
Slide 19: Wonogiri
Wonogiri 16 ASX: AUK www.augur.com.au
Slide 20: Wonogiri Summary
Wonogiri Summary Advanced significant Gold-Copper project Mineralisation from surface and open at depth, to the north and west 16 of first 18 holes intersected significant mineralisation Active drill program: Three drill rigs on site. Further deep drilling rig expected within weeks Multipl
Slide 21: Other Projects
Other Projects Jampang – Indonesia • Resource assessment nearing completion • Metallurgical testing continuing Yeoval – Australia • Subject to farm-out • Drilling of several geophysical targets expected to commence Collerina – Australia • Resource increase during year • Reviewing options for the pro
Slide 22: Thank You
THANK YOU Augur Resources Ltd Level 2, 66 Hunter St, Sydney, NSW 2000 Phone: +61 2 9300 3310 19 ASX: AUK www.augur.com.au
Augur Resources — Shareholder Meeting (November 2011) on 6ix