Ausgold Limited · ASX:AUC
Ausgold — Investor Presentation (April 2011)
19 slides from Ausgold's investor presentation, Apr 18, 2011
Slide 1: Ausgold Limited: Unlocking the mineral potential of the southwest Yilgarn
For personal use only Ausgold Limited Unlocking the mineral potential of the southwest Yilgarn in Western Australia
Slide 2: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer Competent Person’s Statement For personal use only The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Benjamin Bell, who is a Member of the Australian Institute of
Slide 3: Company Overview
Company Overview For personal use only • New primary gold discovery at Katanning, 300km southeast of Perth • Ore genesis similar to Newmont’s 26 moz Boddington Gold Mine • Potential new mineral province discovered in southwest Yilgarn • Portfolio of other high quality projects with encouraging gold
Slide 4: Management
Management For personal use only Extensive experience in gold exploration, project development and financing Robert Pett, Chairman Benjamin Bell, CEO Simon Trevisan, Executive Director Richard Lockwood, Non Executive Director Christopher Kelsall, Non Executive Director Corporate Register Major Share
Slide 5: Katanning Gold Discovery
Katanning Gold Discovery For personal use only • New discovery of primary gold mineralisation • Similar ore genesis and geological setting as Newmont’s 26 moz Boddington Gold Mine • Ausgold’s mineralisation higher grade than Boddington Gold Mine • Gold on granite / mafic contact • Multiple ore zones
Slide 6: Jinkas
Jinkas For personal use only • Discovery of primary gold mineralisation along strike of, and beneath, historic oxide pit • RC drilling program completed • Continuous gold mineralisation identified over 900m • Thickness of gold mineralisation typically 10-20m grading >3gt Au • Open at depth, along st
Slide 7: Jinkas drilling results
Jinkas drilling results For personal use only • Significant mineralisation intersected includes: 20m @ 15.64 g/t Au from 97m 12m @ 10.05 g/t Au from 93m 28m @ 4.08 g/t Au from 97m 20m @ 5.19 g/t Au from 93m 23m @ 4.29 g/t Au from 81m 6m @ 12.63 g/t Au from 102m 15m @ 4.53 g/t Au from 98m 19m @ 3.93
Slide 8: Jinkas ore body
For personal use only Jinkas ore body 8
Slide 9: Dingo
Dingo For personal use only • South of Jinkas and along strike in same geological setting • Primary gold mineralisation also discovered by Ausgold along strike from historic oxide pit • Major drilling program in progress • Assays pending 9
Slide 10: Other Katanning Targets
Other Katanning Targets For personal use only • Gold anomalism identified over 15km • Gold mineralisation identified at Fraser, Jackson, Olympia and Datatine all in the same geology and structure • Drilling recently commenced at Jackson and Olympia (awaiting assays) • Multi-million ounce potential i
Slide 11: Boddington South Exploration Project
Boddington South Exploration Project For personal use only • Ausgold has secured 6,000km² of tenement to east and south of Newmont’s 26moz Boddington Gold Mine • Identified over 100km of previously unmapped Archaean greenstones • Numerous gold and copper anomalies identified • Home to Katanning gold
Slide 12: Current program to June 2011
Current program to 30 June 2011 For personal use only • 3 RC drill rigs currently operating on site • Currently drill testing strike and depth continuation of ore bodies • Ground geophysical survey commencing in May to map extension of Jinkas and Dingo 12
Slide 13: Proposed forward program
Proposed forward program For personal use only • 100,000 RC program at Jinkas designed to test ore body to depth of 500m • 2 additional RC rigs on site in July • Diamond drill rig booked for July • Scoping study commencing early 2012 13
Slide 14: Pipeline of other projects
Pipeline of other projects For personal use only 14
Slide 15: Doolgunna Station
Doolgunna Station For personal use only • Adjacent to Sandfire Resources’ DeGrussa copper-gold project • Prospective for similar VMS copper- gold mineralisation • Project covers >5km strike length of prospective Jenkins Fault and Narracoota Volcanics • RC drilling program of priority targets to comm
Slide 16: Yamarna
Yamarna For personal use only • 125km northeast of Laverton • 576km² of prospective ground over the eastern most Archaean greenstone belt of the Yilgarn Craton • Ausgold’s drilling to date has intersected 31m @ 0.58% Cu and 0.35% Ni (including 2.46% Cu and 1% Ni) • Recently completed ground electrom
Slide 17: Paterson
Paterson For personal use only • Farmin to 296km2 exploration license application1 350km southeast of Port Hedland • Located between the Encounter Resources’ BM1 Copper Discovery and Aditya Birla’s Nifty Copper Mine • Recently acquired airborne electromagnetic data results over this project • Work w
Slide 18: Cracow
Cracow For personal use only • 1,200km² prospective ground within 16km of Newcrest’s 1 moz Cracow gold mine • 375km north west of Brisbane • Potential repetitions of neighbouring Cracow ore body • Eight separate geochemical anomalies identified • On-ground exploration to recommence June 2011 18
Slide 19: Summary and outlook
Summary and outlook For personal use only • New primary gold discovery at Katanning • Prospective region hosts one of Australia’s largest gold deposits – Newmont’s 26 moz Boddington Gold Mine • Dominant landholding within under-explored mineral province • Targeting high-grade gold deposits – potenti