Ausquest Limited · ASX:AQD
Ausquest — Investor Presentation (April 2011)
15 slides from Ausquest's investor presentation, Apr 11, 2011
Slide 1: Managing Director Presentation
For personal use only Managing Director Presentation 11th April 2011
Slide 2: Disclaimers
DISCLAIMERS For personal use only 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
Slide 3: Capital Structure
Capital Structure For personal use only • Listed securities 228m • Unlisted Options 56m (incl 48m options to Cliffs @ 40c in May 2011, & 8m staff options) • Major shareholders Cliffs 30%, Passport Capital 6.5%, Hamersley 4.6%, C Ellis 4.7% • Cash (end Feb) A$17.3M (+$2.4M receivables)
Slide 4: Investment Case for AusQuest
Investment Case for AusQuest For personal use only Growth Strengths • Driven by exploration • Strong Technical Team • $9M exploration program 2011 • Strong Cash Position (8c/ share) • Major drilling in Burkina Faso and Australia Comparative Company Values West Africa Value 80 70 • EV = $10M 60 •Shor
Slide 5: West Africa Project – Burkina Faso
West Africa Project – Burkina Faso For personal use only Komoe Prospect
Slide 6: Komoe – Gold Prospects Update
Komoe – Gold Prospects Update For personal use only
Slide 7: Phaco Hill – Gold Potential Growing
Phaco Hill – Gold Potential Growing For personal use only •Mineralised system (VMS) continuous over at least 1km •Four targets identified •Higher gold grades at Phaco South and Phaco North – so far! •Gold mineralisation open in all directions •Gold often -but not always - associated with strong sulp
Slide 8: Phaco South – Potential Gold Resource
Phaco South – Potential Gold Resource For personal use only Continuity of gold grades confirmed Sulphide mineralisation is wider at depth Gold assays for cored holes pending EM implies large vertical extent for sulphides
Slide 9: Phaco Hill - Gold Potential
Phaco Hill - Gold Potential For personal use only
Slide 10: Gold Targets South of Phaco Hill
Gold Targets South of Phaco Hill For personal use only •Eight EM targets outlined <4km south of Phaco Hill - ready for drilling •Gold soil anomalies closely associated with the targets •Strongest EM responses imply graphitic source rocks – weaker anomalies may reflect sulphides •Large gold deposits
Slide 11: A Gold VMS System in Canada
A Gold VMS System in Canada 3km For personal use only 100m 1000m Long Section Possible similarities with Phaco Hill LaRonde Penna ~10M ozs gold Numerous mineralised lenses Bousquet1 ~2M ozs gold Large vertical extent to orebodies Bousquet2 – Dumagami ~4M ozs gold
Slide 12: Comoe JV – Gold Prospects outside Komoe
Comoe JV – Gold Prospects outside Komoe For personal use only •Numerous gold anomalies still to be tested •Eight priority targets identified outside of Komoe area •Gold appears structurally controlled •Shallow drilling planned to advance prospects to RC drilling stage •New artisinal workings found a
Slide 13: West Africa – Estimated Drill Schedule
West Africa – Estimated Drill Schedule For personal use only Exploration Program Mar April May June July Aug RC Drill (9,000m) Phaco Hill Assays EM Targets Siniko West Assays Siniko Central Baboro Diamond (5,000m) Assays Phaco Hill EM Targets Assay results for diamond core expected from mid April on
Slide 14: Australian Projects – 2011 Drilling
Australian Projects – 2011 Drilling For personal use only Savory Nickel Plenty River Cu/Zn 700m DDH in 2011 1500m DDH in 2011 Deep EM Target Strong EM Target Table Hill Mn 2000m A/C in 2011 Stanley Mn 3000m RC pending results VTEM survey Dundas Gold SW of Tropicana 15000m RAB in 2011 Eight gold pros
Slide 15: Australia – Estimated Drill Schedule
Australia – Estimated Drill Schedule For personal use only Exploration Program Mar April May June July Aug RAB/AC Drilling: Dundas (15000m) Table Hill (2000m) RC Drilling: Stanley (3000m) Diamond Drilling: Plenty River (1300m) Savory (700m)