Dgr Global Limited · ASX:DGR
Dgr Global — D'Aguilar Gold — Shareholder Meeting (May 2009)
43 slides from Dgr Global's shareholder meeting presentation, May 22, 2009
Slide 1: Shareholders Presentation
ASX Announcement For personal use only 22 May 2009 Shareholders Presentation The attached presentation will be given today by Managing Director, Mr Nick Mather, at the General Meeting of Shareholders. On behalf of the Board K Schlobohm Company Secretary
Slide 2: Still generating new resource businesses
For personal use only Still generating new resource businesses ASX : DGR May 2009
Slide 3: Forward Looking Statement
For personal use only Forward Looking Statement Whilst based on information from sources considered reliable, D’Aguilar Gold Limited, its directors, employees and consultants do not represent, represent warrant or guarantee, guarantee expressly or impliedly, impliedly that the information in this do
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only 215.6m shares & 5 m unlisted options excluding SPP Market cap $7.55m @ 3.5 cents Six Si companiesi iin one – big bi projects j t –extensive t i ttenure – new approaches Raise capital p in the subsidiaries Solomon Gold plc investment ( 3m shares - 4%
Slide 5: Corporate Structure
For personal use only Corporate p Structure 82% Merged May 2009 4
Slide 6: What's happening
What's happening For personal use only NPV(10%) $235m at mid 2008 Mo prices Capex estimated $86 million – Sth QLD Corporate and project solutions under review Nickel sulphide discoveries in SE QLD Copper silver-gold discoveries – Silver Valley Extensive Ni oxides IPO or RTO if and when
Slide 7: Project specific subsidiaries
Project specific subsidiaries For personal use only CENTRAL MINERALS (Gold) AUSNICO (Nickel) Ridge Exploration (Fe Ti Al) May 2009 6
Slide 8: Rannes Gold Project
For personal use only Stanwell Goldfield New Applications CENTRAL Grantleigh Mount Morgan (gold-copper) MINERALS 160km of new RANNES CENTRAL D’Aguilar Gold Limited gold province Central Minerals Pty Ltd Rannes Gold Project Biloela 0 35 New Applications kilometres Gold Prospect Steam sediments > 10pp
Slide 9: Fresh & weathered siliceous & pyritic breccias from Rannes
Fresh & weathered siliceous & pyritic breccias from Rannes For personal use only May 2009 8
Slide 10: Rannes Central – A new gold and silver province
Rannes Central – A new gold and silver province For personal use only First pass drilling program – 16 holes Crunchie Prospect 32m from surface @ 1.84 g/t Au & 41g/t Ag Kauffmans Prospect 38 m from 28m depth @ 1.78g/t Au & 25g/t Ag Porcupine Pie 8m from 4m @ 6.23g/t Au & 5.9g/t Ag May 2009 9
Slide 11: Rannes – A Carlin Lookalike?
Rannes – A Carlin Lookalike? For personal use only •Extensive low tempp mineralisation •Diagnostic chemistry •Sediment and volcanic hosts •Carbonate /silica replacement May 2009 10
Slide 12: AusNiCo: Australian Nickel Cobalt
For personal use only AusNiCo : Australian Nickel Cobalt New Nickel Sulphide Province in Q Queensland, l d AAustralia li PROPOSED ASX CODE ON LISTING: ANW May 2009 Australian Nickel 11 Cobalt
Slide 13: AusNiCo Company Overview
AusNiCo Company Overview For personal use only • 82% subsidiary of D’Aguilar Gold (DGR). • Cash C h balance b l $140,000 $140 000 • OIS plans to raise minimum $500,000 At 12.5 cps • Values AusNiCo enterprise DGR equity@ $11.5m g tenements ((1400km2) with exploration • Large p successes: • Nickel sul
Slide 14: Pembroke – Mt Cobalt project similarities to other large nickel deposits
AusNiCo’s Pembroke – Mt Cobalt project has some similarities to other large g Nickel deposits p For personal use only Large tonnage, wide disseminated nickel sulphide orebodies similar in age to Pembroke Major Examples Geological age million years Avebury nickel mine, mine Tasmania 360 16Mt @ 1% Ni
Slide 15: Economic Comparisons of Ore Types
Economic Comparisons of Ore Types For personal use only Characteristic AusNiCo’s “Bulk Scale” Western Australian Ni T Tonnes Bi 5 to Big t 20Mt S ll 0 Small 0.5 5 tto 5Mt Grade Lo-Mod 0.6% to 2% Ni High +2% Ni Widths Wide 5 to 40 metres Narrow 0 0.5 5 to 3 metres Ground stability Good - continuous D
Slide 16: World Nickel Resources & Concentrate Grades
World Nickel Resources & Concentrate Grades 8 Cosmos For personal use only Precambrian Komatiite Precambrian Intrusion Precambrian Astrobleme Phanerozoic (Noril'sk) de Ni% 6 Phanerozoic (Avebury) Long Source: Hoatson 2006 & Trade Statistics Victor AusNiCo Pembroke urce Grad Mt Cobalt target 4 Kambal
Slide 17: Conceptual Comparative Economics
Conceptual Comparative Economics For personal use only Characteristic AusNiCo Open Pit W Aust U/ground Comments Tonnes pa 2,000,000 250,000 Grade 0.70% 2.50% Recoveries 78% 90% Concentrate %Ni 20% 10% Payability 71% 63% Capital Costs $120 million $160 million Large mine capex WA Mining Cost A$/t $10
Slide 18: AusNiCo's Nickel Sulphide Occurrences
AusNiCo’s Nickel Sulphide Occurrences Ne r m Neurum 1. Ni sulphides in outcrops For personal use only Kilkivan Kilkivan 7110000mN 2. Pembroke hole PEM 2 ?? ? ?? ?? ? Mt Mt Cobalt Cobalt 50m @ 0.34% Ni, 0.02% Co Pembroke Pembroke P P bb kk Mt Mt Cobalt Cobalt Ridleys Ridleys Widgee Widgee Hole PEM 3
Slide 19: For personal use only
Tertiary Volcanics Porphyry Mt Clara Mt Coora Granite Mt Cobalt For personal use only Peak Metamorphics Metabasalts M Metasediments di Silver Valley Serpentinite Copper Lode Pembroke High Ni in Soils Discoveries High Co in Soils 0 km 1 Ridley Ni Sulphide Source Rocks Shamrock Mill Porphyry = Hot Sol
Slide 20: AusNiCo's Discoveries
AusNiCo’s Discoveries Soil geochemistry on airphoto Airmagnetics For personal use only DiscoveriesSedimentary Sedimentary rocks rocks Copper Lode Pembroke High Shamrock Mill Low 1 km Pembroke drill target 19 May 2009
Slide 21: Recent Discovery Holes: Pembroke & Silver Valley
Recent Discovery Holes: Pembroke & Silver Valley For personal use only Discovery Hole From (m) To (m) Length (m)* Grades Pembroke Copper-Gold PEM2 8 28 20m 0.48% Cu & 1.5g/t Au Pembroke Nickel Sulphide PEM2 32 82 50m 0.34% Ni Pembroke Nickel Sulphide PEM2 58 62 4m 1.10% Ni Silver Valley Copper-Silve
Slide 22: AusNiCo's Pembroke Nickel Sulphide Discovery
AusNiCo’s Pembroke Nickel Sulphide Discovery Preliminary cross section interpretation of Pembroke discovery For personal use only North South Mt Cobalt Pembroke Ni zone Nickel Sulphide Sedimentary Cover Discovery Rocks ? ? ? ? ? Serpentinite 20m copper‐ Serpentinite? S Serpentinite i i S Serpentinit
Slide 23: Mt Cobalt Holes & Nickel On Magnetics Plan
Mt Cobalt Holes & Nickel On Magnetics Plan MOUNT 427500E 428000E For personal use only CLARA COPPER MINE Magnetic High COB 15 > 3000 ppm Ni in soil 0-82m 0.58% Ni 7102500N COB 4 0-78m 0.55% Ni > 500 ppm Co in soil COB 16 0-66m 0 66m 0.42% Ni COB 7 COB 5 0-28m 0.50% Ni COB 12 0-18m 0.50% Ni COB 8 COB
Slide 24: Mt Cobalt
Mt Cobalt Oxides overlie sulphides ? For personal use only Diamond Drillhole COB 11 S f Surface to t 96m 96 depth d th • 0.58% Nickel & • 0.025% 0 025% Cobalt in oxide‐clay and hydrothermal y veins Targeting high grades ? & nickel sulphides at depth in 2008‐09 Mount Cobalt Cross Section over Magneti
Slide 25: Mt Cobalt: 100m Thick, 0.4%-0.7% Ni
Mt Cobalt : 50 – 100m Thick, 0.4%‐0.7% Ni For personal use only Mt Cobalt drill core. Oxides above fresh rock & sulphides. Good Metallurgical Results: 75% ‐ 90% Ni & Co recovery Low iron 10% to 15% Fe Low‐mod magnesium 5% to 10% Mg Low chlorides (low salt) < 0.025% Cl Low aluminium 2% to 3.5% Al Low
Slide 26: Drilling Mt Cobalt and Pembroke Nickel
Drilling Mt Cobalt and Pembroke Nickel For personal use only Drilling at Mt Cobalt near Black Bl k SSnake k Pl Plateau t Drilling Pembroke Nickel Sulphides in hole PEM2 25 May 2009
Slide 27: Nickel prices moved before other metals in 2002-03
Nickel prices moved before other metals in 2002‐03 when China’s ggrowth emerged g For personal use only 250 Nickel prices rose 8 months BEFORE other metals 200 ndices 2 = 100 150 Price In June’02 Zinc 100 50 Jun-02 Dec-02 Jun-03 Dec-03 Jun-04 Dec-04 ………It should also Daily price data from Oakvale Ca
Slide 28: Mt Isa Metals
For personal use only • $7m IPO/ ASX listing in August 2008 oversubscribed • DGR 48.2% • One of the most mineralised terrains in the world • New IOCG province –Olympic Dam style targets – Gravity data underway - rapid drilling planned • Substantial phosphate project – JV with Legend Mining (Joe Gutn
Slide 29: Gregory Project
Gregory Project For personal use only Gregory Project • World World-class class mineral province • Project overlies a major mineralising i li i fault f lt system t Gunpowder Fault – Mt Oxide* (>0.2 Mt Cu) – Mt Gordon* (>0.7 Mt Cu) – Valhalla* / Skal (U) – Mt Isa I *Cu *C (8 Mt Cu) C ) – Hilton* Pb Z
Slide 30: Gregory Project: Significant scale of opportunity
Gregory Project For personal use only Significant scale of opportunity at Gregory Gregory Project Multiple Targets Comparative Size IOCG Deposits : Major regional structural Bulls-eye gravity anomaly intersection Carrapateena* H Hematite i Breccia B i Envelope E l (800m x 600m) Ernest Henry Structur
Slide 31: Gregory Project (copper-gold) - Significant scale of opportunity
Gregory Project (copper-gold) - Significant scale of opportunity For personal use only 360,000mE 400,000mE 360,000mE 400,000mE Magnetics Gravity 10k m 10k m 7,960,000mN 7,960,000mN Refer next slide lid ffor new N survey detail + Intrusive N Fault High Magnetics NDSD2: 84m of 30% to 50% magnetite Low
Slide 32: Gravity Survey – Preliminary results
Gravity Survey – Preliminary results generating significant basement drill t targets t For personal use only Magnetics (with gravity contours) Residual Gravity – new data Significant / multi- km scale gravity Gravity high features emerging g g with ith llarge magnetic high Gravity high with limited
Slide 33: Gregory Landscape – Forward plan
Gregory Project For personal use only Gregory Landscape Forward plan • Regional gravity / magnetic i surveys to identify targets GPS base station • Deep IP surveys to prioritise targets (test for sulphides) • Diamond drilling H1 2009 May 2009 32 32
Slide 34: A Phosphate Surprise at D-Tree
A Phosphate For personal use only Surprise at D-Tree deposit • Inferred resource 169 mt @ 3.1:1 strip ratio • Average grade 15.9% P2O5 ( P2O5 cutoff 10%) • Previous exploration more than 150 drillholes by I International i l Mi Mining i C Corp mid id 1960 1960s • 15 km strike phosphorite horizon,1.4
Slide 35: D-Tree JV
For personal use only D-Tree JV Tenement applications D-Tree JV Granted Tenements Lady Jane Phosphate Deposit(approx outline of high Deposit(approx. grade phosphorite) D-Tree Phosphate Deposit(approximate outline of mineralised phosphoritehorizon) Lady Annie Phosphate Deposit(approx. outline of high
Slide 36: A new iron ore province with a railway line
For personal use only A new iron ore province with a railway line • Ridge Exploration (DGR 100%) • Targets are • High Iron • Low Phosphate • Free dig • Close to rail/road May 2009 35
Slide 37: Extensive laterite iron prospects
For personal use only May 2009 Extensive laterite iron prospects 36
Slide 38: For personal use only
For personal use only May 2009 37 February 2009
Slide 39: For personal use only
For personal use only May 2009 38
Slide 40: Outcrop of laterite iron – sample DR 2154
For personal use only Outcrop of laterite iron – sample DR 2154, 49.9% Fe, 0.01% P May 2009 39
Slide 41: Titanium Dioxide to 31%
Titanium Dioxide to 31% !! For personal use only Ridge g high g titanium samples at Monogorilby g y May 2009 40
Slide 42: Footnotes
For personal use only F t t Footnotes Footnote - Gold Equivalents (“Au Equivalent”) assumptions: In most gold-silver mines of this geological type, both gold and silver are recovered and sold. G ld iis far Gold f more valuable l bl per gram thanth silver il but b t the th two t precious i metals
Slide 43: Contact
For personal use only Contact Nick Mather ((CEO)) 07 3303 0680 +61 (0) 417 880 448 nmather@daguilar.com.au Greg Runge (GM) 07 3303 0680 +61 (0) 418 546739 Ian levy (Chair DGR & CEO AusNiCo) +61(0) 407189122 www.daguilar.com.au ASX : DGR 42