Slide 1: Investor Presentation August 2017
ASX: AUC For personal use only Investor Presentation – August 2017 Low cost exploration in WA’s most exciting underexplored greenstone belt Investor Presentation August 2017 7/08/2017
Slide 2: A WA Gold Exploration & Development Company
A WA Gold Exploration & Development Company 2 • Significant landholding (4,031km2) in the South West-West Archean Yilgarn Craton • Ownership of an underexplored and highly prospective greenstone belt For personal use only • Rejuvenated Board and Management with significant resources sector experienc
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only 3 Directors $0.06 7,000 Volume Close Price 5% $0.05 6,000 Chalice Gold Mines 5,000 11% $0.04 4% 4,000 '000 $0.03 Transcontinental 3,000 Investments $0.02 Major 2,000 shareholders CQS Asset $0.01 1,000 7% Management Limited $- - Jun 2017 Mar 2017 May 2017 Jul
Slide 4: Experienced Board & Management
Experienced Board & Management For personal use only 4 Investment professional with 45 years’ experience in mining, funds Richard Lockwood management and gold mining investment. Founder of New City Investment Non Executive Chairman Management, of which one of the five quote investment trusts he ran
Slide 5: Location, Location, Location
Location, Location, Location For personal use only 5 Large Landholding, Excellent Location • Katanning Greenstone Belt - underexplored and highly prospective • Better understanding of geology based on using new generation geophysical and geochemical data • Confirmed presence of a major new mineralis
Slide 6: Katanning Gold Project (KGP)
Katanning Gold Project (KGP) For personal use only 6 Underexplored Archean greenstone gold terrane Updated Mineral Resources of 785 koz1 100% AUC owned contiguous tenure covering 4,031 km2 (includes Dumbleyung tenements) Over 98% of tenure remains untested Multitude of untested drill ready
Slide 7: KGP Exploration Momentum Returning...
KGP Exploration Momentum Returning... For personal use only 7 KGP Exploration Intensity – Quarterly Exploration Spend 1.60 Momentum 1.40 building... 1.20 1.00 6,000m of RC 0.80 0.60 6,000m of AC 0.40 Investor Presentation August 2017 0.20 Geophysics 0.02 -0.2 Most aggressive $18.0m $12.0m $1.6m $0.7
Slide 8: A Forgotten and Underexplored Greenstone Belt
A Forgotten and Underexplored Greenstone Belt For personal use only 8 Near mine Regional exploration • Gold mineralisation over 17km of strike • Untested greenfield potential – 4031 km2 length • Identification of greenstones using low • Untested targets along strike from existing cost exploration te
Slide 9: Mineral Resource At KGP
Mineral Resource At KGP For personal use only 9 46% of gold in Measured and Indicated categories ✔ (Historical mining and metallurgical test work indicates good recoveries) Drilling has targeted extensions of current Resources and ✔ the addition of Fraser and Jinkas South ✔ Jinkas represents 6.8 Mt
Slide 10: Targeting New Discoveries 'Near Mine'
Targeting New Discoveries ‘Near Mine’ 10 Near Mine: Predicted model For personal use only repetitions Multiple targets Datatine: Gold-in-soil anomalies New discovery Geophysical anomalies High grade gold Infill sampling planned Validates geological model Near Mine: Investor Presentat
Slide 11: KGP – Significant Greenfields Exploration Potential
KGP – Significant Greenfields Exploration Potential For personal use only 11 Bottleneck trend: • Large landholding (4,031 km2) Gold and multi-element in • Over 99% of tenure remains stream sediments follow up with ground untested geophysics and soils sampling • Prospective greenstones largely un
Slide 12: Timeline
Timeline 12 Katanning • Further Resource update • Scoping Study Announced For personal use only Katanning • RC drilling of Fraser, Lukin, Datatine • AC drilling of Jackson-Lone Yamarna Tree, Olympia Katanning Potential drilling of Doolgunna • PFS commissioned untested EM Soils & AC/RC drilling • Res
Slide 13: Peer Comparison
Peer Comparison 13 • The Katanning Gold Project is arguably a “forgotten” asset For personal use only • The KGP has not been materially progressed over the last 3 or 4 years, until a recent reinterpretation of the geology and regional potential • Ausgold carries a large Resource position, and low EV
Slide 14: Other Projects
Other Projects For personal use only 14 Doolgunna Station Gold and copper targets adjacent to world class deposits (Cu, Au, 100%-owned) • 150km NE of Meekatharra • 176 Km2 prospective ground adjacent to DeGrussa VMS deposit Cracow • Highly prospective for VMS copper- Gold and copper targets gold and
Slide 15: Summary
Summary For personal use only 15 Massive land package in an New management driving a Chalice transaction and exciting new under-explored critical change in technical fundraising an important greenstone belt understanding and strategy technical validation and land consolidation Investor Presentation
Slide 16: Thank you
16 Thank you Dr Matthew Greentree For personal use only Chief Executive Officer Ausgold Limited T: (08) 9220 9890 Level 16, AMP Building 140 St Georges Terrace Perth WA 6000 Investor Presentation August 2017 7/08/2017
Slide 17: Appendix 1: Resource Table
Appendix 1: Resource Table 17 • KGP Mineral Resource Estimates (2017; SRK Consulting, developed in accordance with JORC 2012) For personal use only • Notes: The Mineral Resource is reported at a lower cut-off grade of 0.50g/t gold. • The topographic surface at the KGP is at approximately 360mRL with
Slide 18: Jinkas Long section - KGP
For personal use only Jinkas Long section - KGP 7/08/2017 Investor Presentation August 2017 18
Slide 19: Jinkas – KGP
For personal use only Jinkas – KGP 7/08/2017 Investor Presentation August 2017 19
Slide 20: Datatine - KGP
For personal use only Datatine - KGP 7/08/2017 Investor Presentation August 2017 20
Slide 21: Doolgunna Station – Western Australia
Doolgunna Station – Western Australia For personal use only 21 • Located in WA’s Bryah Basin (150km north-east of Meekatharra) is one of the most exciting copper- gold provinces in the country • Highly prospective for VMS copper-gold and Plutonic Style gold mineralisation, adjacent to DeGrussa VMS d
Slide 22: Yamarna – Central Western Australia
Yamarna – Central Western Australia For personal use only 22 • Located in highly prospective Yamarna Greenstone Belt 125 kilometres north- east of Laverton in central Western Australia • 300km2 of prospective ground with Significant copper-nickel-cobalt discovery hosted within underexplored Investor
Slide 23: Cracow − Queensland
Cracow − Queensland 23 • Lies 375km NW of Brisbane - well serviced by major roads For personal use only • Covers over 200km2 and hosts Camboon Volcanics same as those that host Evolution’s Cracow mine • Grab samples contain native copper, chalcocite and malachite, with assay grades up to 1.8% Cu and
Slide 24: Disclaimer
Disclaimer 24 Competent Person’s Statement The information in this presentation that relates to Exploration Targets and Exploration Results is based on information compiled by Dr Matthew Greentree For personal use only who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM) a