Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Augur Resources — Shareholder Meeting (November 2015)
26 slides from Alpha Hpa's shareholder meeting presentation, Nov 23, 2015
Slide 1: ASX cover letter for AGM presentation
ABN 79 106 879 690 23 November 2015 The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (26 pages by email) Dear Madam, PRESENTATION TO ANNUAL GENERAL MEETING I attach a PowerPoint presentation which is to be delivered to the shareholders present at today’s Annual General Meeting whic
Slide 2: Emerging Multi Commodity Producer - AGM 2015
Emerging Multi Commodity Producer AUGUR RESOURCES LTD – ANNUAL GENERAL MEETING 2015 ABN 79 106 879 690 www.augur.com.au 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: Augur Summary
Augur Summary Directors Projects Norman Seckold - Chairman Wonogiri (Indonesia) - gold, copper, aggregate Justin Werner - Managing Director Gorontalo (Indonesia) - gold, copper Peter Nightingale - Director and CFO Collerina (Australia) - nickel, cobalt Capital 315.8 million shares on issue A$3.8 mil
Slide 5: Highlights - Wonogiri
Highlights - Wonogiri ASX listed Indonesian focused explorer with highly prospective Indonesian gold-copper portfolio covering 25,837 hectares over 5 IUPs and an Australian nickel laterite project. 1.54 Moz gold equivalent JORC mineral resource1 estimated for Randu Kuning deposit: 1.01M ounces of go
Slide 6: Highlights - Gorontalo
Highlights - Gorontalo Scout drilling at both the Toluludu and Tapadaa projects returned zones of mineralised copper and gold. Toluludu Hole TLL15003 intersected 0.22% copper over 60.0 metres (12.0 to 72.0 metres), including 12 metres of 0.34% copper and 0.12 g/t gold (12.0 to 24.0 metres). Results
Slide 7: Highlights - Collerina
Highlights - Collerina Collerina nickel-cobalt project resource estimated at 151,000 tonnes of nickel and 8,100 tonnes of cobalt. Counter-current atmospheric leach (CCAL) testwork indicates overall nickel and cobalt recoveries of more than 90% with low acid consumption of 730 kg/t ore. Scoping study
Slide 8: Wonogiri Regional Exploration Targets
Wonogiri Regional Exploration Targets Discovery potential for high grade mineralisation within epithermal vein targets, adjacent to Randu Kuning. 3,000 metre drill program commenced May 2014. www.augur.com.au 7
Slide 9: Metallurgy – Finalising Flowsheet
Metallurgy – Finalising Flowsheet Ongoing testing of sulphide composite includes further evaluation of gravity recoverable gold (GRG) and also cyanide leach of gravity concentrate & tailings. Met tests to date have returned: • 50.2% recovery of gold by gravity and intensive leach of concentrate • 87
Slide 10: Wonogiri Aggregate Potential
Wonogiri Aggregate Potential Significant economic advantages: • Waste mining becomes a profit centre rather than a mine cost significantly lowering C1 mine costs2 for gold and copper production. • Access to ore at no stripping ratio. • Reduced capital mine cost (less land required for waste storage)
Slide 11: Wonogiri Geological Model
Wonogiri Geological Model Waste Waste Waste Au-Cu Rock Rock Rock Ore 8.7 million tonnes waste and road base material and 14.3 million tonnes high quality aggregate. www.augur.com.au 10
Slide 12: Wonogiri (Aggregate) Market Opportunities
Wonogiri (Aggregate) Market Opportunities Construction contractors for road infrastructure projects. Cement producers, readymix and precast concrete producers. Port, power and other major infrastructure projects infrastructure projects. “Astra International eyes more infrastructure projects in Java
Slide 13: Wonogiri Aggregate Site View
Wonogiri Aggregate Site View Below: • View looking south to project areas from potential regional road / secondary crusher and stockpile area. Quarry Site RK Above: • View looking north at potential road area from Randu Kuning to Provincial Road (1km) . www.augur.com.au 12
Slide 14: Wonogiri (Aggregate) Anticipated Development Schedule
Wonogiri (Aggregate) Anticipated Development Schedule Year 2015 2016 2017 Dec Mar Jun Sept Dec Mar Jun Sep Dec Aggregate exploration IUP Land acquisition Crusher and equipment acquisition Environmental studies Permitting (IUP Production) Road and plant construction Production www.augur.com.au 13
Slide 15: 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. Close proximity to major infrastructure projects and
Slide 16: Gorontalo Scout Drilling - Toluludu
Gorontalo Scout Drilling - Toluludu Toluludu Four holes (453.4 metres) were completed within the Toluludu IUP area. The holes were designed to test porphyry-related copper-molybdenum and epithermal gold targets. Three holes (322.4 metres) were drilled at the Molahalu prospect area and 1 hole (131.0
Slide 17: Gorontalo Scout Drilling - Tapadaa
Gorontalo Scout Drilling - Tapadaa Tapadaa Two holes (327.8 metres) were completed at the Tapadaa IUP area. The holes were designed to test an area of high-sulphidation type alteration with scattered anomalous gold mineralisation in surface rock and soil samples. Both holes intersected intensely oxi
Slide 18: ITP15002 Drill Hole Cross Section
ITP15002 Drill Hole Cross Section • 0.61 g/t gold over 22.0 metres (0.0-22.0m) includes 3 metres of 1.23g/t gold (0.0-3.0m) • 0.14% copper over 12.0 metres (27-42m) • 0.13g/t gold, 0.14% copper over 8.0 metres (116.0-124.0m) remains open as incompletely sampled Hole ID From To Au Ag As Cu ITP15002 0
Slide 19: Kinetic Leach Results
Kinetic Leach Results • Completed 2 leach tests on drill core oxide composite at 0.55g/t gold, 0.3 ppm silver • Indicate average 97.8% gold extraction in under 4 hours. • Indicate average 90% silver extraction in under 4 hours. • Low sodium cyanide consumption P90%<75um 18 www.augur.com.au
Slide 20: Tapadaa Oxide Gold Resource Potential
Tapadaa Oxide Gold Resource Potential Argillic Alteration Advanced Argillic Alteration Potential oxide gold resource target areas LEGE LEGE within zones of advanced argillic alteration. Previous soil and rock samples defined 2 blocks of interest totalling 1.3km x 1km of potential resource area for o
Slide 21: Collerina
Collerina 16.3 million tonnes at 0.93% nickel and 0.05% cobalt (cut off 0.7% nickel). Total resource estimated to contain 151,000 tonnes of nickel and 8,100 tonnes of cobalt. Mineralisation is at surface in some areas and has an average depth of only 10 metres. Initial counter-current atmospheric le
Slide 22: Augur A Value Proposition
Augur A Value Proposition Advanced projects - Wonogiri (gold, copper, aggregate) and Collerina (nickel, cobalt). Wonogiri potential for near term, low capex profitable aggregate operation enhancing the gold/copper open pit mine. Collerina project entering scoping study phase. Tapadaa project indicat
Slide 23: Thank you
Thank you Augur Resources Ltd Level 2, 66 Hunter St, Sydney, NSW 2000, AUSTRALIA Phone: +61 2 9300 3310 ASX code: AUK www.augur.com.au 22
Slide 24: JORC Summary Randu Kuning
JORC Summary Randu Kuning JORC Tonnes Au Eq Au Cu % Oz AuEq Oz Au Cut off Category (M) g/t g/t Au Eq 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
Slide 25: JORC Summary Homeville
JORC Summary Homeville JORC Cut off Tonnes Ni % Co % Fe % Mg % Category Grade Ni% Millions Indicated 0.5 6.4 0.87 0.06 21 9.6 0.7 4.4 0.99 0.06 20 8.8 1.0 1.8 1.21 0.05 19 7.9 Inferred 0.5 20.7 0.78 0.05 18 9.9 0.7 11.9 0.91 0.05 18 9.4 1.0 3.1 1.16 0.05 17 8.8 TOTAL 0.5 27.2 0.80 0.05 19 9.8 0.7 16
Slide 26: Statement of Compliance
Statement 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 Co
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