Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Augur Resources — Resource Investment Expo 2009
35 slides from Alpha Hpa's conference presentation, October 2009
Slide 1: Augur Resources Limited
AUGUR RESOURCES LIMITED Resource Investment Expo Melbourne Exhibition Centre, Melbourne 2-3 of October 2009 Grant Kensington - Managing Director ASX: AUK www.augur.com.au
Slide 2: Disclaimer
Disclaimer This material contains certain forecasts and forward-looking information, including regarding possible or assumed future performance, costs, production levels or rates, prices, resources, or potential growth of Augur Resources Ltd (Augur), industry growth, or other trend projections. Such
Slide 3: Augur Resources Limited
Augur Resources Limited Directors Managing Director – Grant Kensington Non Executive – Shinji Yamamoto Non Executive – Fye Hong Issued Capital 104.6 million fully paid shares 12.87 million options Share Price Range – 2008 $0.006 - $0.05 Cash on Hand $2M (30 June 2009) Major Shareholders Ichiya Co Li
Slide 4: Strategy
Strategy Commodity Focus Gold - Copper - Nickel Area of Focus Lachlan Fold Belt, NSW Strategy Increase shareholder value by advancing gold, copper and nickel projects, through acquisition and exploration, to cash-flow positive operating mines ASX: AUK www.augur.com.au
Slide 5: Competitive Advantage
Competitive Advantage People: • Mine and exploration development experience at Board level • Internationally experienced and locally experienced • Discovery Success. Projects: • Two advanced projects: Yeoval and Collerina • Three additional gold projects • Infrastructure – regionally well developed
Slide 6: Why Copper?
Why Copper? Current Price: $US 6100 / tn Demand driven by consumer demand products, construction, electronics and infrastructure Wide range of uses particularly in wiring, piping and electrical. Copper demand continues to growth, particularly in China and India. World production has grown from appro
Slide 7: Why Nickel?
Why Nickel? Current Price: $US 17800 / tn Nickel's resistance to corrosion is one of its most valuable properties. The estimated annual cost of corrosion in the U.S.A. alone is $300 billion -- equivalent to 4% of gross national product. Far and away the largest use of nickel alloys is in the area of
Slide 8: Project Location
Project Location ASX: AUK www.augur.com.au
Slide 9: Yeoval
Yeoval ASX: AUK www.augur.com.au
Slide 10: Yeoval Project
Yeoval Project • Located 30 km south of Wellington, New South Wales. • Copper-Gold-Molybdenum-Silver Project. • High occurrence of anomalous copper and gold at surface. • 147 sq km of prospective tenement. Mine Owner Distance to Volume Copper Gold Grade Yeoval (km) (Million tons) Grade % g/t E26 Rio
Slide 11: Main Yeoval Prospects
Main Yeoval Prospects Porphyry King Cyclops Dunkerley’s Yeoval Mine Goodrich Mine Mt Rose Jakes Martin’s Reef ASX: AUK www.augur.com.au
Slide 12: Yeoval Mine Prospect
Yeoval Mine Prospect • Drilled by North Broken Hill / Hastings in 1970’s • Target was large tonnage copper • Gold was not a focus – but was known in the area • North Broken Hill concluded high grade zones may exist at Yeoval • No further drilling at Yeoval until Augur commenced drilling in 2008 • Ex
Slide 13: Yeoval Mine Resource
Yeoval Mine Resource Augur Resources defined in early 2009 the following JORC compliant resource estimate for the Yeoval mine prospect: 12.9Mt at 0.38% copper, 0.14 g/t gold, 120 ppm molybdenum and 2.2 g/t silver (cut off 0.2% copper). Higher grade zones of 2.52Mt at 0.68% copper 0.22 g/t gold,
Slide 14: Yeoval Mine Resource 3D
Yeoval Mine Resource 3D ASX: AUK www.augur.com.au
Slide 15: Yeoval Mine Surrounds
Yeoval Mine Surrounds ASX: AUK www.augur.com.au
Slide 16: Other Yeoval Prospects
Other Yeoval Prospects ASX: AUK www.augur.com.au
Slide 17: Collerina Project
Collerina Project ASX: AUK www.augur.com.au
Slide 18: Collerina Location
Collerina Location Homeville Deposit Collerina ASX: AUK www.augur.com.au
Slide 19: Collerina Geology
Collerina Geology 300 square kilometers Targets: Nickel – Cobalt Gold – PGM’s Copper-Gold Resource: Homeville 12.2Mt @ 0.91% nickel and 0.06% cobalt ASX: AUK www.augur.com.au
Slide 20: Homeville Resource
Homeville Prospect Homeville Resource ASX: AUK www.augur.com.au
Slide 21: Homeville Resource
Homeville Resource • 12.2Mt of JORC compliant inferred resource estimate @ 0.91% nickel and 0.06% cobalt. • 110,000 tonnes of contained nickel and 7000 tonnes of cobalt • One of the richest nickel deposits (+ 10Mt deposits) in Eastern coast of Australia • Numerous holes ended in nickel of >1.0% nick
Slide 22: Homeville Plan View
Homeville Plan View ASX: AUK www.augur.com.au
Slide 23: Homeville Long Section
Homeville Long Section ASX: AUK www.augur.com.au
Slide 24: Homeville Metallurgy
Homeville Metallurgy • Two main ore types – Weathered ultramafic and saprolite • Bottle roll testing over 63 days indicated that recoveries of nickel (82.9% recovery),cobalt (89.9% recovery), magnesium (83.7% recovery) and iron (58.8% recovery) were very favourable for the ultramafic • Recoveries fr
Slide 25: Homeville Regional
Homeville Regional Resource Location 12.2Mt @ 0.91%Ni , 0.06% Co ASX: AUK www.augur.com.au
Slide 26: Tullamore
Airborne Magnetics Tullamore ASX: AUK www.augur.com.au
Slide 27: Tullamore
Tullamore • Target gold and copper-gold. • Tenement contains the gold regions of Tullamore (gold) and Burra (gold- tin-silver and platinum). • Prospective for vein gold, porphyry copper gold and epithermal gold deposits. • Contains the Lightning Gold Project • Large soil gold anomaly at Lightning pr
Slide 28: Lightning Gold Project
Lightning Gold Project ASX: AUK www.augur.com.au
Slide 29: Weelah
Weelah Drill hole Weelah ASX: AUK www.augur.com.au
Slide 30: Weelah
Weelah • Target gold and copper-gold. • Tenement adjacent to the Cowal gold mine (4,000,000 oz of gold). • Prospective porphyry deposits and epithermal deposits. • Excellent geological setting including known mineralised structures trending through the tenement. • Intrusive with anomalous copper int
Slide 31: Wallaby Rocks
Wallaby Rocks Wallaby Rocks ASX: AUK www.augur.com.au
Slide 32: Wallaby Rocks
Wallaby Rocks • Target gold. • Prospective for large tonnage, near surface, low grade gold deposits • Additional potential for base metals (lead, zinc and copper) + silver • Located within 20km of Mudgee. Sealed road access. Close to water and power supplies. • A number of anomalous areas identified
Slide 33: Towards Development
Towards Development Resource Exploration Metallurgical Pre-feasibility Estimate Maiden Commence Commence Yeoval On going Complete 2010 2010 Maiden Underway Commence Collerina On going 2010 Complete 2008 Weelah 2009/10 Wallaby 2009/10 Rocks Commence Commence Tullamore 2009/10 2010 ? 2010 ? ASX: AUK w
Slide 34: Why invest in Augur?
Why invest in Augur? • We have known JORC resources These are a great platform to build on In highly mineralised areas with excellent infrastructure • We are proven discovers • We are focussed in where we explore Known giant deposits exist in the Lachlan Fold Belt Building expert knowledge and d
Slide 35: Thankyou
Thankyou www.augur.com.au Augur’s well for Augur Resources ASX: AUK www.augur.com.au