Ausgold Limited · ASX:AUC

Ausgold — RIU Sydney Resources Round-Up Conference 2016

16 slides from Ausgold's conference presentation, May 11, 2016

  1. Slide 1: Ausgold to present at the RIU Sydney Resources Roundup Conference 2016

    ASX Announcement 11 May 2016 For personal use only AUSGOLD TO PRESENT AT THE RIU SYDNEY RESOURCES ROUNDUP CONFERENCE 2016 Ausgold Limited (ASX:AUC, or the “Company”) is pleased to advise that its Geology Manager, Miss Melanie Sutterby, will present an update on the Company’s geological activities at

  2. Slide 2: Katanning Gold Project: A growing value story

    For personal use only Katanning Gold Project: A growing value story Melanie Sutterby - Geology Manager 12th May 2016 ASX : AUC

  3. Slide 3: Disclaimer

    Disclaimer Competent Person’s Statement For personal use only The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Miss Melanie Sutterby who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM) and has s

  4. Slide 4: Company Overview

    Company Overview ASX:AUC For personal use only ISSUED CAPITAL (as at 01/05/16) SHAREHOLDERS (as at 01/05/16) Ordinary shares on issue 306.5M 3.00% 75.00% Directors Unlisted options 26.5M TRG 12.00% CQS Asset Management Market capitalisation A$12M 10.00% Other Shareholders Top 20 shareholders 60% MAN

  5. Slide 5: Presentation Overview: Katanning Gold Project

    Presentation Overview For personal use only Katanning Gold Project  Core asset located in secure location with +1Moz Au Resource potential on +2000km2 landholding  Scoping Study confirms economic viability supported by JORC compliant Resource Inventory1  Poised to realise the prospectivity of sub

  6. Slide 6: Katanning Gold Project: Mineral Resources

    Katanning Gold Project: Mineral Resources For personal use only Tonnes Ounces (Millions) Gold (g/t) (‘000) Measured Resource 3.0 1.94 188 Indicated Resource 6.7 1.07 230 Inferred Resource 6.6 1.02 219 TOTAL 16.4 1.21 637  Realistic representation of potential mining operation  Robust Models and Re

  7. Slide 7: Positive Scoping Study

    Positive Scoping Study2 For personal use only Potential for cash flow Life of Mine C1 Cash Costs A$957 per oz (A$879 per oz @ Jinkas) Life of Mine All in Sustaining Cash Costs A$1,116 per oz Strip Ratio 5.6 Modifying Factors Mining cost A$3.50 per tonne Mining recovery & dilution 95% & 5% Processing

  8. Slide 8: Exploration Upside

    Exploration Upside  History of Gold camp For personal use only  Gold discovered in 1979 at Jinkas  Exploration concentrated along ~15km corridor  Previous exploration model built on NNW trending, shear hosted model  Extensive legacy database Schematic exploration model showing refolded stratigr

  9. Slide 9: Realising Emerging Opportunities

    Realising Emerging Opportunities For personal use only  High grade metamorphic terranes traditionally overlooked  Highlights importance of a flexible and dynamic approach to gold exploration  New exploration model predicts repetitions of mineralisation  Magnetic anomalies  Geochemical anomalies

  10. Slide 10: Datatine Gold Prospect

    Datatine Gold Prospect For personal use only  Continuation of Jinkas geological trend  Gold anomalism did not fit historical exploration model  Coherent wide spread gold-in-soil anomalies in interpreted hinges of NE striking folds  Complex EW folding shown in magnetics  Reconnaissance AC progra

  11. Slide 11: Datatine Gold Prospect

    Datatine Gold Prospect For personal use only  New discovery driven by conceptual targeting based on geophysical & geological datasets  Ore grades intersected in first pass AC drilling - mineralisation open in all directions  Validated the KGP exploration model 10

  12. Slide 12: Mineral Resource Growth – White Dam

    Mineral Resource Growth – White Dam For personal use only  Systematic RC drilling confirms high grade shoot development  Observations validate complex mineralisation controls  Grade appears to be increasing with depth  Results validate exploration model  Follow-up drilling planned 144m 154m 11

  13. Slide 13: Mineral Resource Growth – White Dam

    Mineral Resource Growth – White Dam For personal use only  Recent RC drilling confirms high grade shoot development  Good down plunge continuity  Rapid expansion of Mineral Resource possible with high grade shoot extensions and repetitions 12

  14. Slide 14: Key Investor Messages

    Key Investor Messages For personal use only Targeting +1Moz Resource Base through new discovery & existing Resource expansion  Excellent Resource development upside and exploration prospectivity  New discovery at Datatine  Ore tenor grades indicate primary mineralisation  Open along strike and a

  15. Slide 15: Appendix – References

    Appendix 1 – References For personal use only 1. “Updated JORC Resource” ASX Announcement 21st October 2015 2. “Scoping Study Katanning Gold Project” ASX Announcement 25th November 2015 14

  16. Slide 16: Appendix – Resource Table

    Appendix 2 – Resource Table For personal use only Lode Measured Indicated Inferred Totals Mt Au g/t Koz Mt Au g/t Koz Mt Au g/t Koz Mt Au g/t Koz Jinkas Main Lodes 2.37 2.15 164 1.00 1.13 36 0.75 0.89 21 4.13 1.67 221 Jinkas HW Lodes 0.22 1.10 8 0.76 1.02 25 0.49 0.91 14 1.47 1.00 47 Jinkas Total 2.

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