Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Augur Resources — Shareholder Meeting (November 2010)
25 slides from Alpha Hpa's shareholder meeting presentation, Nov 24, 2010
Slide 1: Presentation to Annual General Meeting (ASX cover letter)
ABN 79 106 879 690 24 November 2010 The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (25 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: Augur Resources Ltd Annual General Meeting
AUGUR RESOURCES LTD ABN 79 106 879 690 ANNUAL GENERAL MEETING 24 NOVEMBER 2010 Grant Kensington ‐ Managing Director ASX: AUK www.augur.com.au
Slide 3: 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 4: Company Snapshot
Company Snapshot Directors Share Price – 52 Weeks Chairman Norman Seckold Managing Director Grant Kensington Director Peter Nightingale Capital Major Shareholders 125.5 Million Shares on Issue Permgold Pty Ltd 31.88% 1 Million Employee Options Rosignol Pty Ltd 9.56% Company Fifty Pty Ltd 4.78% 5 Mil
Slide 5: Strategy
Strategy Commodity Focus Gold ‐ Copper ‐ Nickel Area of Focus Indonesia 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 6: Why Gold?
Why Gold ? • Increased demand – drive by electronics and jewellery demand. Growing wealth in countries such as China and India is having an impact on demand. This growth is likely to continue for some time yet. • Production in some of the world’s leading producing countries is falling including Sout
Slide 7: Why Gold?
Why Gold ? Source: goldsheetlinks Source: kitco ASX: AUK www.augur.com.au
Slide 8: Why Indonesia?
Why Indonesia ? • Some very large gold (+/- copper) mines in the world are in Indonesia (e.g. Grasberg, Batu Hijau, Gosowong, Pongkor). Grasberg is the largest gold mine (38.5 M oz) and the third largest copper mine in the world). • Indonesia is the fifth largest gold producing nation (Australia is
Slide 9: Project Areas - Indonesia
Project Areas ‐ Indonesia ASX: AUK www.augur.com.au
Slide 10: Infrastructure
Infrastructure ASX: AUK www.augur.com.au
Slide 11: Jampang - Infrastructure
JAMPANG ‐ Infrastructure • Located approximately 150km south of Jakarta (4.5 hours drive) by sealed road from Jakarta on the island of Java. • The region is well supported by sealed roads, power and water. • The deposit is approximate 20km from the coastal town of Pelabuhan ratu. • Power station bei
Slide 12: Jampang - The Deal
JAMPANG – The Deal • Up front payment of US$250,000 and issue of 10 million shares and 5 million options for and option to acquire 90% of PT Golden (the holder of the IUPs – exploitation and exploration). • Two years from February 2010 to determine if we are willing to proceed with the acquisition.
Slide 13: Jampang - History
JAMPANG ‐ History • Historical small scale gold mining by the Dutch (1800s and later). • Jampang lies within the Sumatra‐Java Epithermal Belt. This belt includes the Pongkor Gold deposit +3M oz gold (8.6 g/t gold; 110 g/t Ag). • Mispec Resources Inc explored the Jampang area between 1996 and 1998. •
Slide 14: Jampang - History (cont)
JAMPANG – History (cont) • Mispec engaged Snowden and Associates in Perth to fully review the exploration methods and practices and geochemical results. Snowden supported the methodology and confirms mineralisation. • Mispec had difficulty raising further funds in 1998 due to Bre‐X, political enviro
Slide 15: Jampang - Deposit Area
JAMPANG – Deposit Area JADD10 36m @ 1.74 g/t gold Lipi Gold Zone & 0.89% copper JADD11 20.2m @ 1.43 g/t gold ASX: AUK www.augur.com.au
Slide 16: Jampang - Gold Results
JAMPANG – Gold Results 0 200 m ASX: AUK www.augur.com.au
Slide 17: Jampang - Gold Results
JAMPANG – Gold Results • The results indicate significant shallow gold mineralisation at Jampang. The main mineralisation is in the Lipi zone which has a strike of +500m and is open to the south. • Gold appears to be multiple vein and stock‐work related. A mineralised breccia pipe occurs in the NW o
Slide 18: Jampang - Gold Results
JAMPANG – Gold Results A selection of Mispec drill results: HOLE From (m) To (m) Interval (m) Gold (g/t) JRC91 64 92 28 1.44 JRC93 114 127 13 2.94 JRC98 38 58 20 3.76 JRC103 71 82 11 2.87 JRC104 83 98 15 3.30 JRC183E 40 173 133 1.85 JRC204E 87 105 18 1.53 JRC205W 57 71 14 3.07 JRC219W 57 175 118 3.1
Slide 19: Jampang - Results
JAMPANG – Results HOLE From To Interval Gold (g/t) Silver (g/t) Copper % (m) (m) (m) JADD2 79 86 7 3.09 16.1 0.25 JADD8 73 83 10 7.47 6.4 JADD10 28.5 64.6 36 1.74 8.0 0.89 JADD11 71.5 91.7 20.2 1.43 5.2 0.21 JADD14 63.2 75.5 12.3 3.70 12.7 0.19 104.3 107.3 3 14.35 8.9 0.59 JADD19 142 156.5 14.5 1.46
Slide 20: Jampang - Results
JAMPANG – Results ASX: AUK www.augur.com.au
Slide 21: Jampang - Deposit Area
JAMPANG – Deposit Area LIPI NORTH ZONE Gold bearing zone at surface Drilling near this zone JADD8 10m @ 7.47 g/t gold from 73m ASX: AUK www.augur.com.au
Slide 22: Jampang - Additional Targets
JAMPANG – Additional Targets • Gold mineralisation at Jampang is reported to be coincidental with geophysical anomalies. • Untested geophysical targets. • The highest rank geophysical anomaly at Lipi West very limited drill testing ‐ 3 drill holes one of which intersected 8m at 5.6 g/t gold! • The L
Slide 23: Underexplored Gold Zones
UNDEREXPLORED GOLD ZONES Lipi North Augur discovery 10m at 7.47 g/t gold Rock chip 3.5 g/t gold Lipi West 8m @ 5.6 g/t gold Lipi East Only 1 hole drilled 3m @ 1.02 g/t gold ASX: AUK www.augur.com.au
Slide 24: Jampang - Additional Targets
JAMPANG – Additional Targets ASX: AUK www.augur.com.au
Slide 25: Why Invest in Augur?
Why Invest in AUGUR? New advanced gold opportunity. “Mining Lease” already in place – short term cash flow possible. Excellent infrastructure – lowers upfront capital cost. Shallow mineralisation – favourable mining cost. Multiple commodities – spreading the risk. Tight shareholding. Regular news fl
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