Ausgold Limited · ASX:AUC
Ausgold — Investor Presentation (September 2020)
27 slides from Ausgold's investor presentation, Sep 1, 2020
Slide 1: Mines and Money Online Connect
ASX Release 1 September 2020 Mines and Money Online Connect Ausgold Limited (ASX:AUC) (“Ausgold” or the “Company”) wishes to advise it will be a participant in the online investor conference Mines and Money Online Connect being held 1 – 4 September 2020. To connect with Managing Director, Matthew Gr
Slide 2: Ausgold Limited Corporate Presentation
ASX: AUC Ausgold Limited FRA:AU4 Corporate Presentation Mines and Money September 2020
Slide 3: Disclaimer
Disclaimer 2 Competent Person’s Statement The information in this statement that relates to the Mineral Resource estimates is based on work done by Mr Michael Lowry of SRK Consulting (Australasia) Pty Ltd and Dr Matthew Greentree of Ausgold Limited. Dr Greentree is Managing Director and is a Share h
Slide 4: Ausgold Investment Highlights
Ausgold Investment Highlights 3 • 1.2 million-ounce JORC Resource - Well funded with A$6m in cash -High grade Resource extensions identified drilling continuing - Positive Scoping study paves way for development -Test work and new drilling to support near term feasibility studies • Low EV - signific
Slide 5: Comparison of ASX listed gold exploration companies
Comparison of ASX listed gold exploration companies 4 with undeveloped >1 million ounce gold Resources in Western Australia Capricorn De Grey Company Breaker Metals Calidus Mining Bellevue Rox Ausgold ASX Code BRB CMM CAI DEG BGL RXL AUC Project Lake Roe Karlawinda Klondyke Hemi Bellevue Youanmi Kat
Slide 6: Timeline 2020-2021
Timeline 2020 2021 5 Q3 Q4 Q1 Q2 Drill programs 25,000m RC targeting high grade with Jinkas deposit and extensions and Resource geophysical programs EIS co-funded RC & Jinkas North Diamond drilling Planned AC & RC Rifle Range drilling Soils sampling & EIS co-funded Red Hill Mines and Money - Septemb
Slide 7: Katanning Gold Project
Katanning Gold Project 6 33.9 Mt @ 1.1 g/t Au for 1.2 Moz gold JORC Resource 1.2 Moz gold Resource in Western Australia with • Higher grade core 10Mt @ 1.48 g/t for 456 Koz – Central Zone, including: massive exploration 28m @ 11.28 g/t Au from 90m potential 20m @ 10.53 g/t Au from 10m 26m @6.60 g/t
Slide 8: Corporate Snapshot
7 Corporate Snapshot 48% Top 40 Top 20 shareholders hold Richard Lockwood - Non Executive Chairman 8% 58% of shares on Career in mining investment, stockbroking, funds management with Directors active involvement in development in several mining groups & numerous issue mining projects globally Dr Ma
Slide 9: Katanning Gold Resource – 1.2 Million Ounces & Growing
Katanning Gold Resource – 1.2 Million Ounces & Growing 8 • 1.2 million ounces @ 1.10 g/t Au Resource • Central Zone Measured and Indicated 10Mt at 1.48 g/t Au for 456KOz • 49% of Resource ounces in Measured and Indicated categories • Shallow Resource open below 170m depth Tonnes Gold Ounces Mines an
Slide 10: Scoping Study - KGP
Scoping Study - KGP 9 A$154M NPV at A$2300 gold price Base case for a 1.25 Mtpa mining operation producing over 350Koz • payback 2 ½ years • Financial modelling based on A$2,000 per ounce • IRR of 28% and NPV A$77M • Net Cashflow A$136M • Initial 7 year mine life using A$1,900 pit shells Mines and M
Slide 11: Central Zone
10 Central Zone Resource centered within a large mineralised system Jinkas extending over 17 km strike length North Targets • Depth potential below 170m • Jinkas South - high-grade lode remains open recent drilling extends over 600m Jinkas • Jinkas North - 850m gap in Resource South • Rifle Range -
Slide 12: Resource Extensions
Resource Extensions 11 • Jinkas North - 850 metre gap in drilling along strike high grade Jinkas lode coincident geophysical (Fixed Loop EM, gravity and magnetic) and geochemical anomalies • Jinkas South – high-grade parallel lode intersected over 600 metres, remains open along strike and DHEM targe
Slide 13: Jinkas
12 Jinkas • Jinkas South - new high-grade discovery over 600 metres strike length – open along strike including 26m @6.6 g/t, 16 m @ 6.21 g/t, 15m @ 3.66 g/t Au & 12 @ 3.53 g/t Au • Open along strike and down dip – another prime target for high grade ounces • New DHEM targets highlight untested pote
Slide 14: Jinkas Open
13 Jinkas Open • Resource 8.9 Mt at 1.42 g/t Au for 409KOz • Open along strike to north and south • DHEM targets highlight potential Resource extensions New high-grade discovery – parallel Jinkas South lode • 600m strike length and remains open • RC drilling program underway to target Jinkas South l
Slide 15: Jinkas high-grade mineralisation
Jinkas high-grade mineralisation 14 • Open along strike and down dip • Jinkas North open over 850m strike length • Jinkas South lode – new high-grade discovery extending over 600m • Further drilling underway • $150,000 EIS grant received for Jinkas North drilling Jinkas North Jinkas South Mines and
Slide 16: Exploration Greater KGP area
Exploration Greater KGP 15 area • Large gold system centred on 1.2 Moz gold Resource identified along major regional faults • Newly identified gold mineralised Burong – Datatine trend within 5km of Central Zone • Multiple near-Resource gold targets within trucking distance remain to be drill tested
Slide 17: Near regional Resource potential
Near regional Resource potential 16 Burong – Datatine Trend new discovery Mineralisation identified along a strike length of 2.5km Maiden RC drill program intersect broad zone of mineralisation up to 6.47 g/t Nanicup Bridge bottom of hole Gold mineralisation over 20km strike large structur
Slide 18: Extensive ground position in SW Yilgarn
Extensive ground 17 position in SW Yilgarn • Recent move by major mining companies recognising potential of region • Ausgold has large strategic ground holding with identified targets for gold, nickel and PGE Mines and Money - September 2020
Slide 19: Underexplored Archean Greenstone Belt
Underexplored Archean 18 Greenstone Belt • Extensive ground position +4,000km2 covering 130km strike of underexplored greenstones • 46 advanced gold targets identified in underexplored greenstone belt Mines and Money - September 2020
Slide 20: Summary
19 Summary 1.2 million-ounce gold Resource Well funded with over $6m in cash Low EV with large Resource base - significant potential for growth Positive Scoping Study results Mines and Money - September 2020 Ongoing drill program with high-grade drill results Numerous targets to further
Slide 21: Thank you
20 Thank you Dr Matthew Greentree Managing Director Ausgold Limited T: (08) 9220 9890 Level 16, AMP Building 140 St Georges Terrace Perth WA 6000 info@ausgoldlimited.com Mines and Money - September 2020 www.ausgoldlimited.com.au
Slide 22: Appendix – Other Projects
21 Appendix 1 – Other Projects • Red Hill Vanadium Project - advanced vanadium exploration with preliminary metallurgical studies completed only 20km from Katanning town with access to rail and grid power • Lake Magenta – gold exploration project Doolgunna Station Cracow (Au) (Cu, Au) located the So
Slide 23: Yamarna Joint Venture
22 Yamarna Joint Venture • Located in highly prospective Yamarna Greenstone Belt 125 kilometres north-east of Laverton in central Western Australia • Winchester Prospect - significant copper-nickel-cobalt discovery hosted within an underexplored belt • Farm-in agreement with Great Boulder Resources
Slide 24: Doolgunna Joint Venture
23 Doolgunna Joint Venture • Located in WA’s Bryah Basin (150 km north-east of Meekatharra) • Highly prospective for volcanic-hosted massive sulpide (VHMS) copper-gold and Plutonic-style gold mineralisation, adjacent to DeGrussa VHMS deposit • Farm-in agreement with AIC Mines Limited (ASX:A1M). Ausg
Slide 25: Lake Magenta Gold Project, WA
Lake Magenta Gold Project, WA 24 • Located South West Yilgarn 450 km SE of Perth and covering an area of 165km2 • Past exploration has identified gold-in-soil anomaly extending over a 17km strike length • Coincident with the Yandina Shear Zone known to host several significant gold deposits, includi
Slide 26: Cracow Project
Cracow Project 25 • Lies 375km NW of Brisbane - well serviced by major roads • Covers over 200km2 and hosts Camboon Volcanics which are the same as those that host Evolution Mining Limited’s Cracow mine • Grab samples contain native copper, chalcocite and malachite, with assay grades up to 1.8% Cu a
Slide 27: Red Hill Project – A Valuable Acquisition
26 Red Hill Project – A Valuable Acquisition • Advanced Red Hill Vanadium Project with PGE potential secured via ground acquisition • Past work includes airborne magnetics, soil geochemistry, 1,200 soil & rock chip samples, 94 RC drill holes, 6 diamond core holes • Preliminary metallurgical test wor