Ausgold Limited · ASX:AUC
Ausgold — Investor Presentation (April 2022)
19 slides from Ausgold's investor presentation, Apr 22, 2022
Slide 1: Ausgold EGM Presentation
ASX: AUC FRA:AU4 Ausgold EGM Presentation 22nd April 2022 1
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement The information in this statement that relates to the Mineral Resource Estimates is based on work done by Mr Michael Cunningham of Sonny Consulting Pty Ltd, Daniel Guibal of Condor Consulting Pty Ltd and Mr Michael Lowry of SRK Consulting (Australasia) Pty Ltd
Slide 3: Investment Highlights
Investment Highlights Katanning – An Outstanding Whole of Belt Exploration Play Critical Mass – Large established Resource • 1.84Moz @ 1.24g/t gold Resource >1.2Moz now in the Measured and Indicated category Foundation • • 635,000oz added during 2021 • Stand-alone gold operation +100kozpa • Excellen
Slide 4: Corporate
Corporate Capital Structure Share Price at 21 April 2022 45 Volume $0.0900 40 Price Shares on Issue 1,959m 13% $0.0800 Directors 35 30 $0.0700 Share Volume (M) Unlisted Options (@ A$0.06) 26.7m 51% 25 Performance Rights 29m Top 20 36% 20 $0.0600 Other Shareholders 15 $0.0500 Share Price A$0.079 10 $
Slide 5: Background
Background Critical mass foundation established 1.84Moz @ 1.24g/t Supports a stand-alone gold operation >100kozpa Large Exploration Upgraded Resource Project Infrastructure Program High-impact 30,000m RC 635,000 oz added during • Excellent infrastructure with: Resource drill program 2021 at low disc
Slide 6: Metallurgy
6 Metallurgy Excellent results from first phase metallurgical test work Exceptional gold recoveries Supports simple, low risk operation • Recoveries of coarse gravity gold between 40 – 69% • Testwork demonstrates that Katanning Gold ore is free milling and amenable to a conventional CIL processing f
Slide 7: Building a multi-million ounce mining project
Building a multi-million ounce mining project Large scale activities supporting multi-million ounce Resource ambition High Soils programs priority 20,000m Regional Aircore drilling Gold & PGE Regional geophysics programs targets Follow-up 7,500 RC and diamond drilling including EIS co-funding 1.84Mo
Slide 8: Scale Opportunity
Scale Opportunity Whole-of-Belt Exploration Play Improved geological model has identified numerous high-grade targets in untested exploration areas along 17km strike Targeting multiple areas for growth in 1 Rifle Range – 2.5km Resource, which is supported by a number of untested zone 2 outstanding e
Slide 9: Katanning overview
Katanning overview Katanning Long section highlighting the Central Zone Open Katanning - Main Strike Zone Areas Recently completed high–grade gold mineralisation hits 9
Slide 10: Jinkas North and South
Scale Opportunity Jinkas North and South 1. Jinkas North 850 metre gap in drilling along strike from high-grade Jinkas lode with coincident geophysical and 1 geochemical anomalies, and includes underground potential with drilling underway Q2 2022 High-grade gold strongly correlated with the magnetic
Slide 11: Jinkas South Long Section
11 Jinkas South Long Section Open Open Jinkas Long section with recently completed drilling high–grade gold mineralisation 11
Slide 12: Scale Opportunity – Underground Potential
Scale Opportunity – Underground Potential underground Resource 0.54 Mt @ 3.1 g/t for 54Koz Untested limited drilling > 300m depth - Open along strike and at depth - potential to add high grade Resource ounces Down-plunge extensions of high-grade Jinkas and Jinkas South lodes identified Downhole EM t
Slide 13: Rifle Range and Southern Zone
Scale Opportunity Rifle Range and Southern Zone RC drill program along 2.5 km Rifle Range with follow-up drilling planned in Q2 2022, with new targets supported by coincident EM anomalies and gold- in-soil anomalies. Southern plunge direction indicates repeats of previously untested mineralised geol
Slide 14: Southern Zone
Scale Opportunity 14 Southern Zone Southern Zone follows along strike from the Central Zone mineralisation with extensive gold mineralisation identified in aircore drilling over 8km strike length, with encouraging results from Recent drilling including: • 21m @ 2.11 g/t Au from 61.08m including 4.81
Slide 15: Near Resource Potential
Scale Opportunity Near Resource Potential Northern zone • New discovery Burong – Datatine Trend • Mineralisation identified along a strike length of 10 km • Maiden RC drill program to intersect broad zone of mineralisation up to 6.47g/t bottom of hole Southern Zone • Gold anomalism over 7km of strik
Slide 16: Untested regional potential >5,500 km2
Scale Opportunity Untested regional potential >5,500 km2 • Large Exploration program underway • 12 high priority targets - 24,000m Aircore drilling and 2,500m Auger Gold • Extensive ground position +5,500km2 covering 130km strike of underexplored greenstones • 46 advanced gold targets identified in
Slide 17: Unlocking the potential of the Katanning district
Scale Opportunity 17 Unlocking the potential of the Katanning district • Farm-in agreement with Cygnus Gold Ltd to acquire a majority interest in the Stanley Gold Project. • The Project covers 233km2 and a 24km strike length of highly prospective greenstone belt that contains the same sequence that
Slide 18: Summary
Summary Katanning – An Outstanding Whole-of-Belt Exploration Play 1.84Moz @ 1.24g/t gold Resource with 1.2Moz in the Measured and Indicated categories - enough Foundation Critical Mass to support a mid-tier stand-alone gold operation >100kozpa Potential for Funded high-impact 40,000m RC and diamond
Slide 19: Contact
ASX: AUC FRA:AU4 Dr Matthew Greentree Managing Director Ausgold Limited T: (08) 9220 9890 info@ausgoldlimited.com T: (08) 9220 9890 251 St Georges Terrace | Perth WA 6000 www.ausgoldlimited.com.au 19