Australia United Mining Limited · ASX:AYM
Australia United Mining — Altius Mining — Shareholder Meeting (November 2011)
17 slides from Australia United Mining's shareholder meeting presentation, Nov 28, 2011
Slide 1: 2011 Annual General Meeting
For personal use only 2011 ANNUAL GENERAL MEETING 28 NOVEMBER 2011
Slide 2: 2011 AGM Presentation
For personal use only 2011 AGM PRESENTATION 28 NOVEMBER 2011 2
Slide 3: The year in review
The year in review For personal use only Progressing steps to unlock substantial value •Successfully listed on ASX on 19 September 2011 •Challenging investment market conditions have not reflected potential value upside in tenements and work done to date •Queensland – airborne low level geophysical
Slide 4: Substantial portfolio of tenements
Substantial portfolio of tenements For personal use only • Queensland – similar to many of world’s significant gold deposits – high levels of mineralisation – gold occurs at surface within narrow quartz veins, typically 2-5m wide – some run for many km’s • New South Wales – 12 EL’s total area ~3,000
Slide 5: Project pipeline
For personal use only Project pipeline 5
Slide 6: 2011 work programme overview
2011 work programme overview For personal use only 6
Slide 7: Queensland: Forsayth
Queensland For personal use only Forsayth – EPM 14498, ML’S 3417, 3418 •Airborne low level geophysical survey completed, awaiting interpretation •RC drilling programme to commence upon appointment of drill contractor – Ropewalk lode, 15 holes, 650m – Just in Time lode, 3 holes, 250m •Mining commence
Slide 8: Queensland (cont'd): Operations headquarters – Cairns
Queensland (cont’d) For personal use only Operations headquarters – Cairns • Site will facilitate, co- ordinate, and integrate all mining operations at Forsayth • Vital step in readying Altius Mining for production in very near term 8
Slide 9: Queensland (cont'd): Extending bench to access Ropewalk lode
Queensland (cont’d) For personal use only Extending bench to access Ropewalk lode • Existing open pit lode to be extended to depth to recover a further 2.5m of ore body at base of pit • A gravity and flotation circuit to be commissioned to process ore 9
Slide 10: New South Wales: Tenement Progress
New South Wales For personal use only Tenement Progress EL 7045, WAMBOYNE • Airborne low level geophysical survey completed, interpretation completed • Focus now on drill targets for large open pittable high tonnage Au – Cu deposits • EL is on Gilmore Suture, a focus of gold mines in Lachlan Fold Be
Slide 11: New South Wales (cont'd): Tenement Progress
New South Wales (cont’d) For personal use only Tenement Progress EL 7332, KARANGI • Airborne low level geophysical survey completed, awaiting interpretation EL 7159, BEEHIVE EAST • Reconnaissance field work to commence early CY12 to EL 7173, BURRAWAY identify drill targets EL 7155, PUGOON EL 7036, G
Slide 12: Activities for 1H CY12
Activities for 1H CY12 For personal use only Tenement Work plan ML 3417, 3418 – Ropewalk 2 x drill programs / expansion of resource / production capability EL 7423 – Sofala Complete JORC upgrade / Establish drill program EL 7046 – Huntingfield Air core drilling program targeting iron pisolites, 100
Slide 13: In summary...
In summary... For personal use only • Progressing steps to unlock substantial value in Altius Mining’s tenements – significant survey work completed on most tenements – drilling programme to commence on some tenements and being planned for others – Queensland processing plant to be test ready by end
Slide 14: Competent Person Statement
Competent Person Statement For personal use only The information in this report that relates to exploration results and mineral resources is based on information compiled by Mr Robert McLennan, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Robert McLennan has sufficient
Slide 15: Disclaimer
Disclaimer For personal use only Statements contained in this material, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices reserves or potential growth of Altius Mining Limited, industry growth or other trend projections are, or
Slide 16: Questions?
For personal use only QUESTIONS? 16
Slide 17: Contact
Contact For personal use only Alexander King Managing Director Mobile: +61 421 001 210 Email: a.king@altiusmining.com.au Head office Level 3, 521 Toorak Road Toorak VIC 3142 Phone: +61 1300 136 453 Fax: +61 1300 232 784 17