17 slides from Australia United Mining's shareholder meeting presentation, Nov 30, 2012
Slide 1: Annual General Meeting Geological Presentation
Annual General Meeting Geological Presentation For personal use only 30 November 2012 Steve Adamson Exploration Manager www.altiusmining.com.au ASX: AYM
Slide 2: Forward-Looking Statement
Forward-Looking Statement For personal use only This presentation may contain certain forward-looking statements regarding (i) estimated resources and reserves, (ii) planned production and operating costs profiles, (iii) planned capital requirements and (iv) plans, strategies and corporate objective
Slide 3: NSW and QLD Overview: Current Tenements
NSW OVERVIEW: ▪ EL7423 Sofala For personal use only ▪ EL7332 Karangi ▪ EL7046 Huntingfield ▪ El7195 Bullamalito ▪ EL7159 Beehive ▪ EL7036 Gunners QLD OVERVIEW: ▪ Exploration Program ▪ Mill Circuit ▪ Environment ▪ Current and Future Work Altius’s Current Tenements across NSW & QLD
Slide 4: Highlights – Past Year
Highlights – Past Year NSW QLD For personal use only • Air-borne geophysics data acquisition completed • Development of a regional exploration and mining on all NSW tenements and interpretation strategy. commenced. • Six high-grade gold niche ore types identified, • Technical team of geologists and
Slide 5: NSW Projects
For personal use only NSW Projects
Slide 6: EL7423 Sofala
EL7423 Sofala • Re-interpreted RGC database For personal use only • Three conceptual ore shells have been modeled • Conducted a mapping and rock chip sampling program of adits • Developed a new exploration model – similar in style to Bendigo • Additional geophysical targets have been identified for
Slide 7: EL7332 Karangi
EL7332 Karangi • Literature Review For personal use only Completed • 71 follow up targets identified from the geophysical interpretation plotted for field validation image: view of Orara-Coramba area (including Karangi)
Slide 8: EL7046 Huntingfield
EL7046 Huntingfield • Air-core drilling program For personal use only completed • Assay results disappointing, best result was 13.3% Fe • No additional follow up work warranted image: The May 2012 drilling program at Huntingfield
Slide 9: Other Work - NSW
Other Work - NSW For personal use only Geophysical Interpretation Completed: • EL7332 Karangi – generated 71 field targets • EL7423 Sofala – 30 targets • EL7195 Bullamalito – 26 targets • EL7159 Beehive – 21 targets • EL7036 Gunners – 41 targets
Slide 10: QLD Projects
QLD Projects For personal use only EPM14498 – Forsayth, ML4317 – Ropewalk & ML3418 – Flying Cow
Slide 11: Exploration
EXPLORATION • Developed a regional For personal use only exploration framework for the Forsayth Project which has been applied to Ropewalk and Flying Cow and used to increase the head grade of the mine. • Based on the model have located an envelope of high grade ore in the Ropewalk Pit. • Developed
Slide 12: Mill Circuit
MILL CIRCUT For personal use only • Completed the test phase of the ball mill. • Crusher circuit, gravity circuit and mill circuit audited and found to be functional – inspection carried out by AMC, the mill can be used to recover gravity gold. image: the ball mill in QLD
Slide 13: Environment
ENVIRONMENT • Flora and Fauna survey For personal use only completed by Ecosure on potential location for tailings storage facility. • Northern Resources Consulting were commissioned in May 2012 to carry out a base line study in preparation for a Level 1 Environment Authority. image: a typical taili
Slide 14: Consultancies QLD and NSW
Consultancies QLD and NSW Cost Attribute Description Outcomes QLD and NSW Bill Laing Exploration • Increased the known head grade of the Ropewalk Pit from For personal use only Cost (Geological 2g/t Au to an average of 30g/t. Consultant) • Located the structure controlling high grade mineralisation.
Slide 15: Consultancies QLD and NSW
Consultancies QLD and NSW Cost Description Outcomes Attribute For personal use only QLD Mining Northern • Develops Environmental Management Plan to obtain Level Cost Resource 1 Environment Authority. Consulting • Detailed environmental monitoring and management plan. • Groundwater monitoring. QLD Mi
Slide 16: Thank you
For personal use only Thank you ALTIUS MINING LIMITED AGM Geological Presentation November 2012
Slide 17: Competent Person Statement
Competent Person Statement For personal use only The information in this report that relates to exploration results or mineral resources is based on information compiled by Steve Adamson who is a member of the Australian Institute of Geoscientists and a full-time employee of Altius Mining Limited. S