Austral Gold Limited · ASX:AGD

Austral Gold — Shareholder Meeting (November 2017)

23 slides from Austral Gold's shareholder meeting presentation, Nov 29, 2017

  1. Slide 1: Annual Meeting of Shareholders

    For personal use only ASX:AGD | TSX-V:AGLD Annual Meeting of Shareholders 29 November 2017 ASX:AGD | TSX-V:AGLD | www.australgold.com

  2. Slide 2: Disclaimer

    Disclaimer This document and the accompanying verbal presentation (collectively “Presentation”) each contain information about Austral Gold Limited ABN 30 075 860 472 ("Austral Gold") and Austral Gold's assets that have been extracted from more comprehensive documents. The information contained in t

  3. Slide 3: Mineral Resources and Reserves: Cautionary Note

    Mineral Resources and Reserves: Cautionary Note For personal use only Cautionary Note to US Investors Concerning Estimates of Mineral Reserves and Resources. This Presentation has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of U.S

  4. Slide 4: Key Principles

    Key Principles For personal use only Establish position amongst leaders of precious metals miners, with the highest rates of safety and stewardship of the environment. Strive for the lowest operating costs among companies of the same scale Be the preferred partner for companies, communities and gove

  5. Slide 5: Our Mining Assets

    Our Mining Assets For personal use only Guanaco/Amancaya Production Casposo Production Pingüino Advanced Exploration ASX:AGD | TSX-V:AGLD | www.australgold.com 5

  6. Slide 6: FY17: Key Milestones

    FY17: Key Milestones For personal use only FY2017: ~66K AuEq oz (Guanaco & Amancaya + Pro rata Casposo*) Combined Guanaco & Amancaya | Stabilized Casposo Operations Construction New Plant | New Electrical Line | Amancaya CAPEX Amancaya Vein Field |New acquisitions: Juncal, La Flora, San Key Investme

  7. Slide 7: FY17: Safety Indicators

    FY17: Safety Indicators For personal use only Frequency Severity 13 1.000 12 Frequency 12m Avg. 900 11 Severity 12m Avg. 800 10 9 700 8 600 7 500 6 5 400 4 300 3 200 2 100 1 0 0 jul-16 ago-16 sep-16 oct-16 nov-16 dec-16 jan-17 feb-17 mar-17 abr-17 may-17 jun-17 ASX:AGD | TSX-V:AGLD | www.australgold

  8. Slide 8: FY17: Operating Results

    FY17: Operating Results For personal use only FY2017 (June 30) Guanaco Casposo * Total FY17 Total FY16 Ore Processed (t) 505,711 248,109 753,820 502,257 Gold Produced (oz) 44,275 16,793 61,068 39,776 Silver Produced (oz) 58,832 1,411,292 1,470,124 47,667 Gold Equivalent Production (oz) 45,098 36,493

  9. Slide 9: New Plant Construction

    New Plant Construction For personal use only ASX:AGD | TSX-V:AGLD | www.australgold.com 9

  10. Slide 10: Consolidating Guanaco District

    Consolidating Guanaco District For personal use only ASX:AGD | TSX-V:AGLD | www.australgold.com 10

  11. Slide 11: Amancaya Emerging Vein Field

    Amancaya Emerging Vein Field For personal use only Current Resource The information contained in this slide was originally released to the ASX on 21 August 2017. The information has not materially changed since the original announcement. ASX:AGD | TSX-V:AGLD | www.australgold.com 11

  12. Slide 12: Amancaya Open Pit

    Amancaya Open Pit For personal use only ASX:AGD | TSX-V:AGLD | www.australgold.com 12

  13. Slide 13: Recommissioning of Casposo

    Recommissioning of Casposo For personal use only ASX:AGD | TSX-V:AGLD | www.australgold.com 13

  14. Slide 14: Casposo Commercial Production

    Casposo Commercial Production For personal use only ASX:AGD | TSX-V:AGLD | www.australgold.com 14

  15. Slide 15: Strategic Acquisition of Pingüino

    Strategic Acquisiton of Pingüino For personal use only ASX:AGD | TSX-V:AGLD | www.australgold.com 15

  16. Slide 16: Shared Value Approach

    Shared Value Approach For personal use only ASX:AGD | TSX-V:AGLD | www.australgold.com 16

  17. Slide 17: FY17: Financial Results

    FY17: Financial Results For personal use only FY End June 30 (US$´000) FY17 FY16 Revenues 104,008 55,865 Gross Margin (excl. D&A) 40.9% 34.5% EBITDA 24,490 42,818 Adjusted EBITDA * 26,752 10,595 Adjusted EBITDA Margin 25.7% 19.0% Net Results (4,380) 25,130 Operating Cash Flow 27,687 15,165 Net cash

  18. Slide 18: Share Information

    Share Information For personal use only Capital Markets AU$ CND$ Current Share Ownership As of June 30 2017 Exchanges: ASX TSX-V Symbol AGD AGLD 14.1 IFISA 6.0 Share Price: as at Nov 24, 2017 0.14 0.135 E. Elsztain Shares Outstanding 519mn 519mn Fully Diluted O/S 519mn 519mn Free Float Market Capita

  19. Slide 19: Looking Ahead

    Looking Ahead For personal use only  Ramp up and optimisation of new plant at Guanaco are expected to impact C1 and AISC until the end of the year (lower throughput and recovery)  Processing of high grade Amancaya ore combined with maintaining solid performance from Casposo, are expected to lift p

  20. Slide 20: Board of Directors

    Board of Directors Non-Executive Director and Chairman: He is a founding member of the law For personal use only Mr Elsztain is Chairman of all the firm Zang, Bergel & Viñes. companies that IFISA controls. Mr Mr Zang is an adviser and Member Elsztain is a member of the World of the Board of Director

  21. Slide 21: Senior Management

    Senior Managament • Stabro Kasaneva: CEO, Executive Director • Juan Andres Morel: COO For personal use only • BSc • BMinEng, MBA • Prior to his role as CEO he was Chief Operating • Mr Morel was most recently Manager of Officer of the Company since September 2009 Operations at Antofagasta PLC’s Los P

  22. Slide 22: Summary

    Summary For personal use only Austral Gold represents a compelling story:  Experienced Technical team with proven epithermal track record (El Peñon, Guanaco, Pingüino, Amancaya, Casposo) able to leverage underground narrow vein mining experience  Experienced operators in Chile and Argentina with s

  23. Slide 23: Thank You

    Thank You For personal use only On behalf of the Board www.australgold.com ASX:AGD | TSX-V:AGLD | www.australgold.com 23

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