Australian Mines Limited · ASX:AUZ
Australian Mines — Investor Presentation (March 2011)
22 slides from Australian Mines's investor presentation, Mar 10, 2011
Slide 1: Acquisition of Nigeria Gold Pty Ltd
For personal use only Australian Mines Limited Acquisition of Nigeria Gold Pty Ltd March 2011 Presented by Neil Warburton/Dominic Marinelli
Slide 2: AUZ Disclaimer
AUZ Disclaimer For personal use only •This Document (and the information contained herein) is confidential to Australian Mines Limited (“AUZ” or “the Company”). •This Document is not intended for and should not be distributed to any other person than as permitted herein. By receipt of the Document,
Slide 3: AUZ Corporate - Post acquisition NGL
AUZ Corporate - Post acquisition NGL For personal use only ASX CODE: AUZ Shares on Issue post acquisition of NGL 576 910 315 576,910,315 Listed Options June 2013 exercise price 4.0c 59,563,754 Directors and executives unlisted Options 13,600,000 Share Price 2.4c Share Price Range (post recapitalisat
Slide 4: Nigerian Gold Acquisition - AUZ Share Issue
Blair AUZ Regional - Gold Nigerian Gold Acquisition AUZ For personal use only AUZ SHARE ISSUE Issued shares are stated on a post consolidation basis CONDITION FOR ISSUE OF NGL secures approval for NGL if approval for at least 2 SECURITIES at least 2 high priority high priority ELA’s is not ELA’s sec
Slide 5: Corporate Summary - AUZ Securities
Blair AUZ Regional - Gold Corporate Summary AUZ For personal use only NGL :2 additional high NGL:No additional high AUZ SECURITIES priority p y ELs awarded priority p y ELs awarded AUZ gold AUZ gold AUZ gold AUZ gold milestones milestones not milestones milestones achieved achieved achieved not achi
Slide 6: AUZ West African Focus
AUZ West African Focus AUZ is acquiring a 100% For personal use only interest in Nigeria Gold Pty Ltd ((‘NGL”) NGL ) Its Nigerian subsidiary Mines Geotechniques q Limited, owns:- • 46 granted exploration licences covering 2,170km2 • further 18 exploration licence applications over 1,931km2 • Total T
Slide 7: Nigerian Mining Scene
AUZ Nigerian Mining Scene For personal use only • Nigerian Government passed Minerals and Mining Act 2007. 2007 •The new act is aimed at developing a private sector mining industry administered and regulated by the government. industry, government •Applications for mineral tenements are processed on
Slide 8: Mines Geotechniques Limited
AUZ Mines Geotechniques Limited For personal use only • Nigeria Gold’s Gold s 100% owned Nigerian subsidiary is Mines Geotechniques Ltd. While underexplored by modern exploration techniques •While techniques, Nigeria is considered to have potential to host major precious and base metals deposits. •T
Slide 9: AUZ Tenement Locations
AUZ Tenement Locations For personal use only
Slide 10: Anka/Maru
AUZ Anka/Maru For personal use only • The large, mineral-rich Anka and Maru schist belts dominate AUZ’s holdings in the region. • High priority tenements ELA 1,2, 3 & 4 are still in the application process. •Widespread historic British and current artisanal gold workings indicate the presence of gol
Slide 11: Anka/Maru – Old British Workings
AUZ Anka/Maru – Old British Workings For personal use only
Slide 12: Anka/Maru – Recent Workings
AUZ Anka/Maru – Recent Workings For personal use only • Workings have been halted due to recently introduced ban on illegal mining. mining
Slide 13: Tsauni – EL 1032
AUZ Tsauni – EL 1032 For personal use only •A series of substantial, high-grade g g gold/copper g pp artisanal workings g extend over more than 500m strike length. •Rock chip p and trench samples p from this zone have returned assays y up to 19 g/t gold, 400 g/t silver, 0.1% copper and 36% lead. •Th
Slide 14: Tsauni – EL 1032
For personal use only AUZ Tsauni – EL 1032
Slide 15: Yauri region
AUZ Yauri region For personal use only •Gold exploration p and miningg in the Yauri region g extends back to the British colonial period, with widespread artisanal workings continuing to the present day. •Significant artisanal workings within and immediately adjacent to the tenement package, make th
Slide 16: Minna/Birnin Gwari region
AUZ Minna/Birnin Gwari region For personal use only •The Minna/Birnin Gwari schist belt is another significant g gold g producing region, with many areas of artisanal workings. •AUZ has a large g tenement package p g in this area. •A strong aeromagnetic feature extends for some 15km through a p numb
Slide 17: Summary
AUZ SUMMARY For personal use only • Nigeria is going to be the focus for the Company going forward • The Company is currently reviewing the Mt Martin open pit and how to exploit the current gold resource. resource • A commercial arrangement such as toll milling or purchase agreement for the sale of
Slide 18: Eastern Goldfields Assets
AUZ Eastern Goldfields Assets For personal use only • AUZ retains the Golden Ridge and Mt Martin tenements which are located in close proximity to Kalgoorlie and includes mines with past production. •Golden Ridge pit (located north of AUZ tenements) which produced 250,000 ozs of gold •Mt Martin depo
Slide 19: AUZ Regional Gold Resources
Blair AUZ Regional AUZ -Gold GoldResources AUZ For personal use only Location Resource Resource Gold Gold Category Tonnes g/t Ounces Woodline 1 Measured Indicated 90,000 2.19 6,300 Inferred 2,000 2.12 150 Sub-total 92,000 2.19 6,450 Mt Martin Mine Measured Indicated 2,847,500 1.90 176,500 Inferred 1
Slide 20: Mt Martin Potential
AUZ Mt Martin Potential For personal use only Mt Martin interpreted cross- section 6,568,140 North (+/- 10 metres) with drill holes, underground stopes and current pit outline. Potential exists to establish underground mining from the base of the pit
Slide 21: Mt Martin Design in Long Section
AUZ Mt Martin Design in Long Section For personal use only L Long section ti view i off the th Mt M Martin ti open pit it design d i
Slide 22: Competent Person's Statement
AUZ Competent Person’s Statement For personal use only The information in this report that relates to Exploration Results and Resources is based on information compiled by Mr Mick Elias who is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr Elias is employed by CSA Global and is
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