Ausgold Limited · ASX:AUC
Ausgold — RRS Gold Coast Conference 2024
20 slides from Ausgold's conference presentation, Sep 3, 2024
Slide 1: On track to become Australia's next mid-tier gold producer
ASX: AUC FRA:AU4 On track to become Australia’s next mid-tier gold producer Katanning Gold Project, WA John Dorward, Executive Chairman | RRS Gold Coast Conference | September 2024 1
Slide 2: Disclaimer
Disclaimer Important Information The following notice and disclaimer applies to this investor presentation (“Presentation”) and you are therefore advised to read this carefully before reading or making any other use of this Presentation or any information contained in this Presentation. By accepting
Slide 3: Disclaimer
Disclaimer JORC Code It is a requirement of the ASX Listing Rules that the reporting of ore reserves and mineral resources in Australia comply with the Joint Ore Reserves Committee’s Australasian Code for Reporting of Mineral Resources and Ore Reserves ("JORC Code"). Investors outside Australia shou
Slide 4: Corporate Overview
Corporate Overview Capital Structure Post Completion of Placement LTM Share Price Performance (A$/sh) Shares on Issue (M) 356.2 Directors Jupiter Asset 45 Volume Price $0.50 Other 1.7% Management 35.5% Unlisted Options (@ A$0.40-0.80) (M) 13.15 12.7% 40 $0.45 Dundee 35 $0.40 Unlisted Warrants (@ A$0
Slide 5: On track to become Australia's next mid-tier gold producer
On track to become Australia’s next mid-tier gold producer Dominant Tenure High Quality Project Management Team Infrastructure Holding • 3Moz resource • >4,000km2 of mineral tenure • Strong Track Record • Mining Permit • Open-pit • Includes mineralised trends • Technical depth – board • Significant
Slide 6: On Track to be Australian's next mid-tier gold producer
On Track to be Australian’s next mid-tier gold producer Financed and staffed to de-risk and grow • Recent A$38 million equity financing sufficient to fund Ausgold through to FID at Katanning • Recent land purchases of ~1,000 hectares adds flexibility for site layout • Significant drill program to co
Slide 7: Katanning Gold Project – Get the Basics Right
Katanning Gold Project – Get the Basics Right The “To Do List” Demonstrate a large, long-life gold mine 1. Definitive Feasibility • Scheduled for completion H1 2025 Study • Targeting an initial 3.6Mtpa with expansion to 5-5.0Mtpa • >10-year LOM anticipated, with significant production in first five
Slide 8: 1. Demonstrate a large, long-life gold mine – scarcity of projects
1. Demonstrate a large, long-life gold mine – scarcity of projects Anchored by Robust May 2023 Study DFS due for Completion H1 2025 Mineral Resources 89Mt @1.06g/t Life of Mine • Project to focus on initial 3.6Mtpa with a gold for 10 years planned expansion to 5.0-5.5Mtpa 3.04Moz • Benefit from anti
Slide 9: 2. Initiate the Permitting and Approvals Process
2. Initiate the Permitting and Approvals Process A business priority Well defined Western Australian State and the Federal approvals process : • WA's Environment Protection Authority (EPA), Department of Water & Environmental Regulation Background (DWER) and Department of Energy, Mines, Industrial R
Slide 10: 3. Finalise Land Access
10 3. Finalise Land Access Securing freehold land and access for mining operation • 1,026 hectares of freehold land acquired for A$10.8M in June Acquired land encompasses the southern extent of the Central Zone Resource (Jinkas, Jinkas South and Jackson) • Majority of Ausgold owned land will host pr
Slide 11: 4. Resource Growth & Demonstrate Potential
4. Resource Growth & Demonstrate Potential 11 • Strong track record of Resource growth – excellent torque to the drill bit • Commanding regional exploration package – over 4,000km2 • Opportunities for growth across multiple frontiers: – Open along strike to the north and south – Potential repeat str
Slide 12: 4. Resource Growth & Demonstrate Potential
4. Resource Growth & Demonstrate Potential 12 Ausgold set to launch a major 19,000m drill program in Q4 2024. 11,000m of RC drilling planned proximal to the KGP with aims to de- risk and grow the project De-Risk – Grade Control/Infill • Targeting Jinkas and Jinkas South De-risk - De-risk first 18 mo
Slide 13: Regional Potential
Regional Potential Over 4,000 km2 of high-quality exploration tenure - 2,500km2 of newly identified greenstone belts - Three NNW-striking major structures associated with up to 100km surficial gold anomalism 8,000m of RC drilling planned across 7 regional prospects across the exploration tenure with
Slide 14: 5. Capacity Building
5. Capacity Building 14 Ausgold is building the capacity to deliver a major new Australian gold mine Refreshed Board to Drive Ausgold Towards Production • Refreshed Board in Q2 added significant company building and mine development experience Key appointments • Ben Stockdale joined as CFO •2. in Au
Slide 15: Progressing Towards a Top-Tier Gold Operation in Western Australia
Katanning Gold Project 15 Progressing Towards a Top-Tier Gold Operation in Western Australia Large Stand-alone Gold Operation to Produce +136kozpa • Large Resource of 3.04Moz @ 1.06g/t Au with >234,137m of drilling Katanning Gold Project • >10-year LOM with initial years anticipated to deliver stron
Slide 16: www.ausgoldlimited.com.au
ASX: AUC FRA:AU4 JOHN DORWARD Executive Chairman Ausgold Limited T: (08) 9220 9890 Level 1, 307 Murray Street Perth WA 6000 info@ausgoldlimited.com www.ausgoldlimited.com.au 16
Slide 17: Appendix
Appendix 17
Slide 18: Katanning Overview
Katanning Overview Long-Section through KGP M+I Resource over 2.42Moz Resource Categories within KGP 18
Slide 19: Katanning Gold Project Resource and Reserves
Katanning Gold Project Resource and Reserves Mineral Resource(1)(2) Tonnes (Mt) Grade (g/t Au) Contained Ounces Measured 38.1 1.10 1,352,000 Indicated 31.8 1.04 1,067,000 Inferred 18.9 1.02 620,000 Total Resources 88.9 1.06 3,040,000 Ore Reserve(3) Tonnes (Mt) Grade (g/t Au) Contained Ounces Probabl
Slide 20: Greenstone Belt Tenements by Project
Greenstone Belt Tenements by Project Controlling The Largest Tenement holdings in the Southwest Yilgarn • Controls the largest land tenements in the Southwest Yilgarn with over 4,000km2 of land covering over 100km strike of underexplored greenstones Comparison to other WA Gold Companies (km2) Ausgol