Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Augur Resources — Shareholder Meeting (November 2016)
26 slides from Alpha Hpa's shareholder meeting presentation, Nov 28, 2016
Slide 1: Emerging Gold and Copper Producer AGM Presentation 2016
AUGUR RESOURCES LTD ABN 79 106 879 690 Emerging Gold and Copper Producer AGM Presentation 2016
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Augur Resources Ltd (ABN 79 106 879 690) (‘Augur’) based on information available to it from its own and third party sources and is not a disclosure document nor any other form of offer to invest in Augur securities. This presentation does not purpor
Slide 3: 2016 Highlights
2016 Highlights Finalising Wonogiri flow sheet, previous metallurgical testing (2012) on a high‐grade composite sample reported up to 89.0% recovery of gold and 94% recovery of copper via flotation. Potential for up to 55% recovery of gold by gravity prior to flotation . Updated JORC 2012 compli
Slide 4: 2016 Highlights
2016 Highlights Issue of Aggregate licence covering 99 hectares within Wonogiri IUP to Rajawali subsidiary PT Anugerah Agung Perdana. Feasibility study completed on aggregate and currently converting to initial 5 year operation production licence (4 X 5 year extensions) with Aggregate mining pla
Slide 5: Indonesian Project Locations
Indonesian Project Locations www.augur.com.au 5
Slide 6: Wonogiri - Updated Internal Scoping Study
Wonogiri ‐ Updated Internal Scoping Study Updated internal scoping study announced 30 August 2016 (previous study released 11 March 2014) evaluated an open cut mine with material treated by gravity concentration to produce a gold (+ silver) rich gravity concentrate and a copper (+gold, silver bear
Slide 7: Wonogiri – Open Pit Design
Wonogiri – Open Pit Design Section 9138150mN Looking North Stage 1 Pit Stage 2 Pit Randu Kuning deposit cross section showing contained metal value above base case C1 operating cost using $1,350 per ounce gold and $5,500 per tonne copper. Stage 1 pit contains 60% of total in‐pit gold and copper. www
Slide 8: Wonogiri – Resource Model
Wonogiri – Resource Model Higher grade Au occurs close to surface and captured in Stage 1 pit with a strip ratio of 1.4:1. Combined Stage 1 and 2 pits have a total 3:1 strip ratio. Deposit remains open at depth with drillhole IWG 02 returning 37 metres of 1.77 g/t Au and 0.23% Cu from 458 metres dow
Slide 9: Wonogiri – Regional Prospects
Wonogiri – Regional Prospects JANGGLENGAN PROSPECT AREA KEPIL PROSPECT AREA Located about 1.0 kilometre south of Located about 500 metres south west of Randu Kuning. Randu Kuning. Initial scout hole WDD56 intersected: Scout hole WDD58 intersected 36.0 metres at 0.28% Cu from 25.0 metres. • 3
Slide 10: Wonogiri – Metallurgy Finalising Flowsheet
Wonogiri – Metallurgy Finalising Flowsheet Currently testing sulphide composite at run‐of‐mine average grades to further evaluate gravity recoverable gold (GRG) and flotation recovery of Cu (Au‐Ag) with leach tests of gravity concentrate and flotation tails. Results from current testing have returne
Slide 11: Wonogiri – Conceptual Flowsheet
Wonogiri – Conceptual Flowsheet ROM sulphide ore 0.9 g/t Au, 0.19% Cu & (1 ppm Ag) Flotation Circuit Grind to ‐106um Regrind ‐30um Gravity (~50% Au recovery) Falcon Shaker Est. Total Recovery >85% Cu, >88% Au Table Tailings Storage Gravity concentrate to Intensive Leach Reactor at off‐site location.
Slide 12: Wonogiri – Aggregate Potential
Wonogiri – Aggregate Potential 67.7 hectares outside Randu Kuning pit, potential 50+ million tonnes of high quality aggregate. www.augur.com.au 12
Slide 13: Wonogiri – Aggregate Potential
Wonogiri – Aggregate Potential Randu Kuning Aggregate sourced from hard, intrusive rock (diorite) www.augur.com.au 13
Slide 14: Wonogiri – Aggregate Potential
Wonogiri – Aggregate Potential Areas to the south of the Randu Kuning pit where some land already owned. Natural topographic high which would mean lower mining costs. Start with low capex aggregate mine and then use funds to self fund development of Randu Kuning pit. Randu Kuning deposit Quarr
Slide 15: Wonogiri (Aggregate) Summary
Wonogiri (Aggregate) Summary Wonogiri contains one of the few legal, large, high quality aggregate deposits in Central Java (14 million tonnes for Randu Kuning only). Potential for the current known aggregate deposits to be significantly expanded. Close proximity to major infrastructure projec
Slide 16: Wonogiri - Development Schedule
Wonogiri ‐ Development Schedule www.augur.com.au 16
Slide 17: Tapadaa Project
Tapadaa Project TAPADAA PROJECT ‐ INDONESIA Scout drilling at Tapadaa project intersected 0.61 g/t Au over 22m from surface (including 3m at 1.23 g/t Au from 0‐3m) within oxidized volcanics, with a further 0.14% Cu over 12m (27‐42m) and a further 0.13 g/t Au and 0.14% Cu over 8m (116‐124m) to end
Slide 18: Tololudu Project
Tololudu Project TOLOLUDU PROJECT ‐ INDONESIA Scout drilling at Tololudu returned 0.22% Cu over 60m (12‐72m) including 12m of 0.34% Cu, hole ended in 0.13% Cu in potassic breccia with abundant magnetite. Further drilling is warranted to evaluate defined targets further. Currently in discussions
Slide 19: Collerina
Collerina 16.3 million tonnes at 0.93% nickel and 0.05% cobalt (cut off 0.7% nickel). Total resource estimated to contain 151,000 tonnes of nickel and 8,100 tonnes of cobalt. Mineralisation is at surface in some areas and has an average depth of only 10 metres. Initial counter‐current atmosp
Slide 20: Augur - A Value Proposition
Augur ‐ A Value Proposition Advanced Projects: Wonogiri (Au/Cu) and Homeville (Ni). Wonogiri aggregate project potential for near term cashflow (2017). Wonogiri gold – copper project potential for low capex profitable open pit mine. Randu Kuning porphyry remains open at depth with 2 epitherm
Slide 21: Strong Local Partner – Rajawali Corporation
Strong Local Partner – Rajawali Corporation Rajawali Corporation through its subsidiary PT Archi 35% shareholder in Augur through placement of A$6.75m in 2013. Rajawali founded in 1984, is one of the largest privately owned conglomerates in Indonesia with operations in mining, plantations, hotel
Slide 22: Experienced Board and Management
Experienced Board and Management Norman B.Ec (University of Sydney) Seckold 30+ years in the full time management of natural resource companies. Past Chairman and Director of Chairman listed companies including Bolnisi Gold NL, Timberline Minerals Inc., Perseverance Corporation Limited, Valdora Mine
Slide 23: Corporate Summary
Corporate Summary Directors Projects Wonogiri (Indonesia) ‐ gold, copper, aggregate • Norman Seckold ‐ Chairman • Justin Werner ‐ Managing Director Gorontalo (Indonesia) ‐ gold, copper • Peter Nightingale ‐ Director and CFO Collerina (Australia) ‐ nickel, cobalt Capital Structure Share Price – 52 we
Slide 24: Statement of Compliance
Statement of Compliance The information in this report that relates to Mineral Exploration is based on information compiled by Augur staff and contractors and approved by Mr Michael Corey, PGeo., who is a Member of the Association of Professional Geoscientists of Ontario (APGO) in Canada. Michael Co
Slide 25: JORC (2012) Summary – Randu Kuning
JORC (2012) Summary – Randu Kuning COG M AuEq CLASS AuEq g/t tonnes g/t Au g/t Cu % • At a 0.5 g/t AuEq cut‐off grade the total resource is 21Mt at 1 4.88 1.36 1.28 0.23 0.79 g/t gold and 0.16% copper. 0.8 7.73 1.18 1.11 0.21 0.6 12.74 0.99 0.91 0.18 MEASURED 0.5 15.65 0.91 0.83 0.17 • 533,000 oz of
Slide 26: Thank you
Thank you Augur Resources Ltd Level 2, 66 Hunter St, Sydney, NSW 2000, AUSTRALIA Phone: +61 2 9300 3310 ASX code: AUK www.augur.com.au 26
Augur Resources — Shareholder Meeting (November 2016) on 6ix