Slide 1: Presentation to Investors (ASX cover letter)
ABN 79 106 879 690 6 July 2015 The Manager Companies ASX Limited 20 Bridge Street SYDNEY NSW 2000 (34 pages by email) Dear Madam, PRESENTATION TO INVESTORS I attach a presentation which is to be delivered to investors on an opportunity to significantly enhance project economics at the Wonogiri proje
Slide 2: Wonogiri Gold/Copper Project Aggregate Potential
Wonogiri Gold/Copper Project Aggregate Potential Opportunity to significantly enhance project economics Randu Kuning, Wonogiri, Aggregate Potential 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Augur Resources Ltd (ABN 79 106 879 690) (‘Augur’) based on information available to it from its own and third party sources and is not a disclosure document nor any other form of offer to invest in Augur securities. This presentation does not purpor
Slide 4: Highlights
Highlights 1.54 million ounce gold equivalent¹ JORC mineral resource for Randu Kuning deposit: • 1.01M ounces of gold (51% measured, 7% indicated and 42% inferred JORC category); • 200M pounds of copper (66% measured, 22% indicated and 12% inferred JORC category). Scoping study² (March 2014) on Rand
Slide 5: Aggregate Highlights
Aggregate Highlights Significant economic advantages: • Waste mining becomes a profit centre rather than a mine cost significantly lowering C1 mine costs³ for gold and copper production • Access to ore at no stripping ratio • Reduced capital mine cost (less land required for waste storage) • Aggrega
Slide 6: Geological Model
Geological Model Waste Au-Cu Rock Ore 8.7 million tonnes waste and road base material 14.3 million tonnes high quality aggregate Randu Kuning, Wonogiri, Aggregate Potential 5
Slide 7: Potential Aggregate Products
Potential Aggregate Products Randu Kuning, Wonogiri, Aggregate Potential 6
Slide 8: Fixed & Mobile Plant Layouts
Fixed & Mobile Plant Layouts Randu Kuning, Wonogiri, Aggregate Potential 7
Slide 9: Fixed Plant Option
Fixed Plant Option • Fixed plant relatively cheap but with higher establishment cost /time requirement • Typical 100 to 150 tph crushing plant layout consists of: – A primary jaw crusher 500 mm feed (possibly with a stockpile to a tunnel feeder not shown above). – Conveyors/screens/secondary/tertiar
Slide 10: Estimated Fixed Crushing Plant Capex
Estimated Fixed Crushing Plant Capex (costs provided June 2015) Randu Kuning, Wonogiri, Aggregate Potential 9
Slide 11: Mobile Crushing Plant Option
Mobile Crushing Plant Option • Mobile plant slightly more expensive but quicker/cheaper to set up with option to sell and/or replace with larger unit according to production changes. • Primary benefit includes flexibility to move between quarry sites and shift from quarry to stockpile areas as requi
Slide 12: Estimated Mobile Crushing Plant Capex
Estimated Mobile Crushing Plant Capex (costs provided June 2015) Randu Kuning, Wonogiri, Aggregate Potential 11
Slide 13: High Level Financial Model 300tph – Fixed Plant
High Level Financial Model 300tph – Fixed Plant Randu Kuning, Wonogiri, Aggregate Potential 12
Slide 14: Crusher Dust = (Manufactured) Sand
Crusher Dust = (Manufactured) Sand • Crusher Dust is the main by-product of rock crushing and consists of the minus 5mm fraction of the crushing operation (~20%). • The market for dust includes concrete and asphalt production. • Dust can also be further upgraded to a sand replacement by a sand makin
Slide 15: Artificial Sand Plant
Artificial Sand Plant • Fixed plant with 120 to 150 tph was quoted as US$429,072 CIF Jakarta from Shanghai Shibang Machinery Co. • Mobile plant with 120 to 150 tph was quoted as US$484,804 CIF Jakarta from Shanghai Shibang Machinery Co. • Installation supervision is 45 days at US$50/day. Randu Kunin
Slide 16: Regional Market Survey
Regional Market Survey A market survey of the regional aggregate market was completed between with information collected from: • Quarries and crushers (including those using 3rd party stone feed) • Readymix concrete producers • Precast pipe, panel, pile producers • Asphalt and roofing felt producers
Slide 17: Regional Market Survey Results
Regional Market Survey Results • Current quarry and crusher production in the survey area is approximately 2.7 million m³pa with approximately 1.2 million m³pa (44%) coming from illegal quarries. • Largest producer is CV Jati Kencana producing 577,500 m³pa from a 6 hectare quarry 110,000 m³pa is use
Slide 18: Wonogiri Target Markets
Wonogiri Target Markets Aggregate Market Distance < 20 20 to 40 40 to 60 60 to 80 Population < 118227 118227 to 176000 176000 to 499337 499337 to 621000 621000 to 813196 813196 to 855281 855281 to 879193 879193 to 927813 927813 to 930531 930531 to 1130047 1130047 to 2389200 >= 2389200 Construction I
Slide 19: Aggregate Market Study: Producers and Buyers in Central Java
Aggregate Market Study: Producers and Buyers in Central Java Information collected from: 30 aggregate suppliers 30 aggregate buyers Reported current prices: • 1x2 cm stone Rp115k-200k/m³ • 2x3 cm stone Rp115k-200k/m³ • Gabion rock Rp90k-125k/m³ Randu Kuning, Wonogiri, Aggregate Potential 18
Slide 20: Wonogiri Aggregate Market Opportunities
Wonogiri Aggregate Market Opportunities 1. Construction contractors for road infrastructure projects. 2. Cement producers, readymix and precast concrete producers. 3. Port, power and other major infrastructure projects infrastructure projects. “Astra International eyes more infrastructure projects i
Slide 21: 1-Trans-Java Toll Road
1-Trans-Java Toll Road • Trans-Java toll road will go across Java from Merak in the western Java province of Banten to Banyuwangi in East Java. • The total length of the Trans-Java toll road including its complement is more than 1,000 kilometres. Randu Kuning, Wonogiri, Aggregate Potential 20
Slide 22: 1-Wonogiri Ideal Location to Service Trans-Java Toll Road
1-Wonogiri Ideal Location to Service Trans-Java Toll Road Solo-Ngawi- Kertasono Distance: 176km Total investment: Solo-Ngawi section Rp 5.14 trillion (US$386.5 million) Ngawi-Kertosono section Rp 3.83 trillion. (US$288.0 million) Solo-Yogyakarta Currently under tender. Wonogiri is well positioned to
Slide 23: 2-Indonesian Cement Use Growth Potential Compared to ASEAN Countries
2-Indonesian Cement Use Growth Potential Compared to ASEAN Countries Note: Tiongkok is an Indonesian Term for China Indonesia has generally experienced strong growth in the construction sector and is continuously evolving towards manufactured building products such as readymix concrete and precast e
Slide 24: 2-Indonesian Cement and Population Growth Projections
2-Indonesian Cement and Population Growth Projections 450.00 400.00 350.00 300.00 250.00 Pop M 200.00 Cement Mt 150.00 100.00 50.00 0.00 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Data Compiled from Indonesian Cement Association and Government Growth and Population St
Slide 25: 3-Rail Option for Crushing Plant Location and Transportation
3-Rail Option for Crushing Plant Location and Transportation Wonogiri • Randu Kuning is located only 3 kilometres to rail. • Blasted stone could be transported by truck or conveyor via dedicated road to rail side. • Potential for quick/cost efficient access to large national markets (aggregate price
Slide 26: 3-Rail Option for Crushing Plant Location and Transportation
3-Rail Option for Crushing Plant Location and Transportation Rail side option for location of a crushing plant Randu Kuning only 3 kilometres to rail line. Randu Kuning, Wonogiri, Aggregate Potential 25
Slide 27: Potential Additional Sources of Aggregate at Wonogiri
Potential Additional Sources of Aggregate at Wonogiri 67.7 hectares outside Randu Kuning pit with good potential for high quality aggregate. Randu Kuning, Wonogiri, Aggregate Potential 26
Slide 28: Wonogiri Aggregate Development
Wonogiri Aggregate Development • Potential areas to the south of the Randu Kuning pit where land already owned. • Natural topographic high which would mean lower mining costs. • Start with low capex aggregate mine and then use funds to self fund development of Randu Kuning pit and plant later to ext
Slide 29: Wonogiri Aggregate Summary
Wonogiri Aggregate Summary • Wonogiri contains one of the few legal, large, high quality aggregate deposits in Central Java (14 million tonnes for Randu Kuning only). • Potential for the current known aggregate deposits to be significantly expanded (potential for 30+ year quarry life past the life o
Slide 30: Corporate (as at 29 June 2015)
Corporate (as at 29 June 2015) Directors Capital Chairman Norman Seckold Managing Director Justin Werner 315.8 million shares on issue Director Peter Nightingale Market cap: A$3.2 million Share Price – 52 Weeks Major Shareholders PT Archi Indonesia 35.00% Management 22.17% Top 10 72.34% Top 20 81.13
Slide 31: Experienced Board and Management
Experienced Board and Management Norman B.Ec (University of Sydney) Seckold 30+ years in the full time management of natural resource companies. Past Chairman and Director of listed Chairman companies including Bolnisi Gold NL, Timberline Minerals Inc., Perseverance Corporation Limited, Valdora Mine
Slide 32: Results of Randu Kuning Tests on Waste Rock Bulk Samples
Results of Randu Kuning Tests on Waste Rock Bulk Samples • Preparation of 4 bulk samples (+3 sub samples) from drill core of unmineralised (waste) rock. • ASTM standard test work completed (Pt. Geoservices). • Test results indicate high quality aggregate from RK suitable for concrete use. • Lesser q
Slide 33: Statements of Compliance
Statements of Compliance The information in this report that relates to Mineral Exploration is based on information compiled by Augur staff and contractors and approved by Mr Michael Corey, PGeo., who is a Member of the Association of Professional Geoscientists of Ontario (APGO) in Canada. Michael C
Slide 34: JORC Summary – Randu Kuning
JORC Summary – Randu Kuning JORC Tonnes AuEq Au Cu % Oz AuEq Oz Au Cut off Category (M) g/t g/t AuEq Measured 8.3 1.45 1.07 0.21 389,000 287,000 1.0 20.4 1.03 0.72 0.17 673,000 473,000 0.5 28.3 0.84 0.56 0.15 765,000 513,000 0.2 Indicated 0.6 1.33 1.02 0.17 27,000 21,000 1.0 3.5 0.81 0.59 0.12 92,00