Ausgold Limited · ASX:AUC
Ausgold — Denver Gold Forum 2012
23 slides from Ausgold's conference presentation, Sep 10, 2012
Slide 1: Ausgold Limited – Denver Gold Forum September 2012
For personal use only Ausgold Limited Denver Gold Forum September 2012
Slide 2: Competent Person’s Statement and Disclaimer
Competent Person’s Statement and Disclaimer For personal use only Competent Person’s Statement The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Andrew Tunks, who is a Member of the Australian Institute
Slide 3: Ausgold
Ausgold For personal use only Highly prospective for VMS copper-gold and Plutonic Style gold • Flagship Project – Katanning Gold Project, mineralisation, adjacent to Major epithermal Au/Cu centre DeGrussa VMS deposit South-West, Western Australia defined. Adjacent associated porphyry style intrusive
Slide 4: Highlights
Highlights For personal use only • Experienced management and technical team • Maiden JORC resource due Q4 2012 – likely to be in the Inferred and Indicated category • Planned step out drilling program for resource expansion • Extensive portfolio of exploration prospects over 9000 km2 • Katanning Gr
Slide 5: Capital Structure
Capital Structure For personal use only ISSUED CAPITAL (as at 24.8.12) AUC SHARE PRICE – AS AT 24 AUGUST Ordinary Shares on Issue 136.3M Listed Options1 72.9M Unlisted Options2 7.0M Un-diluted Market Capitalization A$42M Cash at Bank (June ‘12) A$2M 12 Month Trading Range $0.31-$1.80 Top 20 Sharehol
Slide 6: Board & Management
Board & Management For personal use only Extensive experience in gold exploration, mine development and financing Strong ownership position with Board and Management holding ~ 20% of ordinary shares MANAGEMENT Dr Andrew Tunks Chief Executive Officer 25 years in International exploration in Au, Base
Slide 7: Up coming news flow
Up coming news flow For personal use only Ausgold Value $ Scoping 2013 Resource Q4 2012 Continued Exploration and Scoping Study Q3 2012 Resource Drilling Announcement KGP Geophysics Drilling KGP • Resource • Resource Diamond Estimate Geophysics Target Exploration Growth Drilling • Met Generation D
Slide 8: Katanning – Excellent Location
Katanning – Excellent Location For personal use only • 40km from Katanning and less than 300km from Perth by sealed highway • Newmont’s Boddington mine (30Moz) is 190km to the North West on a parallel greenstone belt • Infrastructure in place o Labour o Power o Water o Roads o Airstrip o Housing • A
Slide 9: Katanning Greenstone Belt
Katanning Greenstone Belt For personal use only • Previously unrecognised Archean Greenstone Belt • AUC – 9,000km² of tenure • Almost all is owned 100% by Ausgold • All gold in the Yilgarn hosted in Greenstone Belts • Katanning Belt similar to Southern Cross Belt that has produced 10M oz – Marvel Lo
Slide 10: Katanning Greenstone Belt
Katanning Greenstone Belt For personal use only • Previously unrecognised Archean Greenstone Belt • Key indicators for gold deposits – Crustal-scale penetrating structures (340°) – Complex intrusive history – Multiple Au events recognised – Rheology contrasts – Chemical traps – Eastern Goldfields St
Slide 11: Drilling Highlights
Drilling Highlights For personal use only Significant intercepts from recent drilling • Previously unrecognised Archean Greenstone Belt 20 m @ 15.6 g/t from 97 m • AUC – 9,000km² of tenure 13 m @ 10.4 g/t from 86 m • Almost all is owned 100% by Ausgold 12 m @ 10.1 g/t from 93 m 28 m @ 4.1 g/t from 9
Slide 12: Katanning Gold Project (KGP)
Katanning Gold Project (KGP) For personal use only • Major gold discovery 100% owned • 20km of gold mineralisation within a structural corridor (340°) • Wide gold corridor with stacked lodes • Multiple gold targets in ductile shear zones on contacts of several adamellites • Advanced areas – Jinkas C
Slide 13: Jinkas – Cross Section
Jinkas – Cross Section For personal use only • Gold mineralisation within Jinkas corridor occurs proximal to contacts of adamellite intrusions dipping gently east at 30º 13
Slide 14: Jinkas – Orthogonal Section
Jinkas – Orthogonal Section For personal use only • Gold mineralisation within Jinkas corridor occurs proximal to contacts of adamellite intrusions dipping gently east at 30º (see section) 14
Slide 15: Dingo - Mineralisation
Dingo - Mineralisation For personal use only • Lower grade gold lode mineralisation discovered along strike from historic oxide pit at Dingo • Gold mineralisation now identified by drilling over 1.2km strike length and remains open in all directions including at depth • Gold soil geochemistry indica
Slide 16: Dingo - Orthogonal Section
Dingo - Orthogonal Section For personal use only 16
Slide 17: Resource Definition
Resource Definition For personal use only • Completion of logging, assay and data interpretation from current drilling (aided by Professor Tony Crawford and Dr Rob Scott) • Construction 3D model geological model almost complete (Optiro) • Minimal diamond drilling (2000m) required for comparison of t
Slide 18: Resource Extension
Resource Extension For personal use only • Continue air core and soil geochemistry to explore extension of gold systems at Katanning – now • Initiation of down hole geophysics to target high grade lodes – Q3 2012 – Airborne and ground magnetics – Airborne and downhole EM – 3D Induced Polarisation •
Slide 19: Katanning Regional Project (KRP)
Katanning Regional Project (KRP) For personal use only • The Katanning greenstone belt offers enormous potential for identifying multiple deposits • Strong geological team to identify and pursue targets • 54 multi-element geochemical targets have been identified for follow-up • Historical economic i
Slide 20: Cracow Gold-Copper Project
Cracow Gold-Copper Project For personal use only • Major Epithermal/Porphyry systems recognised • Stream sampling and mapping identified – Five large epithermal Au/Cu targets – Eight Au/Cu/multi-element anomalies – Five poly-metallic porphyry intrusive targets • 1,200km2 of tenements over Camboon Vo
Slide 21: Yamarna Copper-Nickel Intercepts
YamarnaCopper-Nickel Intercepts For personal use only • 10 EM anomalies identified • First pass drilling 2010 at Winchester intersected: 33m @ 0.55% Cu, 0.33% Ni, and 0.02% Co (33m @ 1.55% Cu Equivalent) from 27m • Follow up drilling Nov 2011 intersected: 21m @ 0.63% Cu, 0.20% Ni, and 0.02% Co (1.24
Slide 22: Summary
Summary For personal use only • Newly discovered greenstone belt 200km long with 9,000km² of tenure and potential for gold discoveries, almost all 100% owned • Katanning Greenstone Belt has multi-million ounce potential • Major gold discovery already at Katanning within a 20 km gold mineralised corr
Slide 23: Contact Us
Contact Us For personal use only Ausgold Limited 80 Churchill Avenue Subiaco WA 6008 Australia Dr Andrew Tunks CEO T: +61 8 9466 9555 F: +61 8 9466 9566 E: info@ausgoldlimited.com For more information please visit www.ausgoldlimited.com 23