Ausgold Limited · ASX:AUC
Ausgold — Shareholder Meeting (November 2010)
16 slides from Ausgold's shareholder meeting presentation, Nov 8, 2010
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 8 November 2010 Slide 1
Slide 2: Investment Highlights – Boddington South Gold Project
INVESTMENT HIGHLIGHTS – Boddington South Gold Project For personal use only • Located within the Southwest Yilgarn region of Western Australia • Gold mineralisation similar to Newmont’s 26 million oz Boddington Gold Mine • Current JORC-compliant gold resource of 241,800 ounces • Potential to signifi
Slide 3: Boddington South Gold Project – Location
BODDINGTON SOUTH GOLD PROJECT – Location For personal use only • Easy Access ― Less than 2 hours drive from Perth ― All-weather roads across project area ― Public airport nearby ― Mild climate allows year-round mining & exploration • Established Infrastructure ― Connected to main electricity grid ―
Slide 4: History and Opportunity
BODDINGTON SOUTH GOLD PROJECT – History and Opportunity For personal use only • Southwest Yilgarn has historically experienced sporadic exploration • Region overlooked despite hosting Australia’s largest gold mine (Newmont’s Boddington Gold Mine - 26 million ounces of gold & 1.3 million tonnes of co
Slide 5: Gold Mineralisation
BODDINGTON SOUTH GOLD PROJECT – Gold Mineralisation For personal use only • Gold deposited along granite / mafic contact • Parallel mineralisation on both sides of 15km long granite intrusion • High-grade (>8 g/t Au) core up to 10m thick that increases at depth Elevation of ground surface is 360 met
Slide 6: Defined Gold Resource
BODDINGTON SOUTH GOLD PROJECT – Defined Gold Resource For personal use only RESOURCE TONNES GRADE OUNCES JACKSON Inferred Resource 306,000 1.15 11,300 LONE TREE Inferred Resource 555,000 0.79 14,100 WHITE DAM Inferred Resource 338,000 0.79 8,600 DINGO Indicated Resource 300,500 1.42 8,600 (1.0 g/t c
Slide 7: Resource Development
BODDINGTON SOUTH GOLD PROJECT – Resource Development For personal use only • Existing resource drilling limited to only 30m below ground surface • Program designed to extend the depth of resource drilling to 100m • 24,000m RC drill program in progress targeting 6 ore bodies • 16 holes (~1,600m) comp
Slide 8: Near-mine exploration
BODDINGTON SOUTH GOLD PROJECT – Near-mine exploration For personal use only • Gold mineralisation and anomalism recorded along entire length of the granite • 27,000m air core drill program designed to delineate additional gold resources along strike of known deposits • Drill targets include – Datati
Slide 9: Regional exploration
BODDINGTON SOUTH GOLD PROJECT – Regional exploration For personal use only • Large soil anomalies previous recorded by Geological Survey of WA Armstrong Prospect (7km long gold-in-soil anomaly) Hudson Prospect (3km long gold-in-soil anomaly) • Extensive strike length of Archaean greenstone units rec
Slide 10: Pipeline of Prospective Exploration Projects
PIPELINE Project OF PROSPECTIVE EXPLORATION PROJECTS Pipeline For personal use only Slide 10 10
Slide 11: Yamarna Project (copper-nickel)
YAMARNA PROJECT (copper-nickel) For personal use only • 370km NE of Kalgoorlie • Airborne electromagnetic survey identified 18 bedrock conductors • Intersected copper & nickel mineralisation during initial RC drilling • Downhole electromagnetics identified additional targets • Ground electromagnetic
Slide 12: Doolgunna Station Project (copper-gold)
DOOLGUNNA STATION PROJECT (copper-gold) For personal use only • Adjacent to Sandfire Resources’ DeGrussa copper-gold project • Jenkins Fault controls DeGrussa mineralisation • 5 kilometres of Jenkins Fault within Ausgold’s project area • Recently completed gravity survey over Jenkins Fault • Deep RC
Slide 13: Corporate Information
CORPORATE INFORMATION For personal use only CAPITAL STRUCTURE ISSUED SHARE CAPITAL 90.1 million (55.5 million tradeable) OPTIONS ($0.20, 31 March 2013) 90.0 million (55.5 million tradeable) CASH A$6.5 million (30 September 2010) CURRENT SHARE PRICE A$0.46 (5 November 2010) MARKET CAPITALISATION appr
Slide 14: Summary & Outlook
SUMMARY & OUTLOOK For personal use only • Ausgold was formed to discover new gold and copper deposits within Australia’s emerging mineral provinces • Dominant landholding within prospective but under-explored Southwest Yilgarn (region hosting Newmont’s 26 million oz Boddington Gold Mine) • Current J
Slide 15: Disclaimer
DISCLAIMER For personal use only Competent Person’s Statement The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Benjamin Bell, who is a Member of the Australian Institute of Geoscientists. Mr Bell is the Ch
Slide 16: For personal use only
For personal use only Registered office: Contact Details: Level 14, Parmelia House ASX Code: AUC 191 St George’s Terrace Contact: Benjamin Bell Perth WA 6000 Email: bbell@ausgoldlimited.com +61 8 9424 9300 www.ausgoldlimited.com Slide 16