Austral Gold Limited · ASX:AGD
Austral Gold — Investor Presentation (March 2018)
27 slides from Austral Gold's investor presentation, Mar 19, 2018
Slide 1: Corporate Presentation March 2018
For personal use only Producer & Explorer of Precious Metals TARGETING 105,000 GEO PRODUCTION IN 2018 CORPORATE PRESENTATION March 2018 ASX:AGD | TSX-V:AGLD | www.australgold.com
Slide 2: Disclaimer
Disclaimer • This presentation contains information about Austral Gold Limited ("Austral Gold") and Austral Gold's properties that have been extracted from more comprehensive documents. The information contained in this presentation is given in summary form and is qualified in its entirety by the do
Slide 3: Mineral Resources and Reserves: Cautionary Note
Mineral Resources and Reserves: Cautionary Note For personal use only Cautionary Note to US Investors Concerning Estimates of Mineral Reserves and Resources. This presentation has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of U.S
Slide 4: Executive Summary
Executive Summary For personal use only Cash Flowing Asset Platform: Experienced Team: ▪ Guanaco/Amancaya Complex, Chile: ▪ Track record of success +200,000 GEO since 2013 Local talent / global connections ▪ Cash flows have funded Austral’s ▪ Deep expertise in underground mining growth initiativ
Slide 5: Key Principles
Key Principles Establish position amongst leaders of precious metals miners, with the For personal use only highest rates of safety and stewardship of the environment. Strive for the lowest operating costs among companies of the same scale in the Americas. Be the preferred partner for companies, com
Slide 6: Board & Management
Board & Management Experienced Board of Directors Strong Management & Technical Team For personal use only Eduardo Elsztain, Non-Executive Chairman Stabro Kasaneva, BSc, CEO & Executive Director • Chairman of several companies including, IRSA, Cresud, • Prior to his role as CEO of Austral Gold, he w
Slide 7: Capitalization Summary
Capitalization Summary Exchange / Symbol TSX-V: AGLD ASX: AGD For personal use only Share Price (1) C$0.115 A$0.11 Shares Outstanding (2) 534,173,010 534,173,010 FD Shares Outstanding (2) 534,173,010 534,173,010 Market Capitalization (1) C$61M A$59M 52 Week High / Low (1) C$0.19 / C$0.095 A$0.20 / A
Slide 8: Focus in Latin America
Focus in Latin America For personal use only Guanaco/Amancaya Mine Complex 2018 Production Guidance: 62,000 GEO Chile remains one of the most attractive mining jurisdictions in Latin America and is the world’s top producer of copper Casposo Mine 2018 Production Guidance: 43,000 GEO* Argentina is ric
Slide 9: 2017 – Turning Point for Austral
2017 – Turning Point for Austral Execution of Major Strategic Initiatives Achieved in the past year For personal use only Completed construction of 1,500 tpd agitation leaching and Commissioning New Merrill-Crowe plant with full commissioning in the final Plant at Guanaco quarter of 2017. Resulted i
Slide 10: 2017 Operations Overview
2017 Operations Overview Calendar Year Ended Dec 31, 2017 Fourth Quarter For personal use only Production (GEO) 2017 2016 2017 2016 Guanaco/Amancaya 37,096 44,580 12,329 15,000 Casposo (70% Basis) 27,392 10,434 8,604 5,167 Production (GEO) Net to Austral 64,488 55,014 20,933 20,167 Cash Costs Guanac
Slide 11: Milestones
Milestones Austral Gold has produced over 250,000 gold equivalent ounces over last five years For personal use only Consistent cash flows have funded Austral’s growth initiatives 64,488** 51,365 51,088 55,014* Gold-equivalent 46,888 Production (oz) 30,058 12,950 2011 2012 2013 2014 2015 2016 2017 ✓
Slide 12: Poised for Growth: 2018 Guidance
Poised for Growth: 2018 Guidance 2018 production expected to increase to 105,000 GEO* and AISC cost reduction of ~20% For personal use only Guanaco / Amancaya Casposo Mine Consolidated Consolidated 2018 Guidance Mine Complex (100% basis) (100% Basis) (Net to Austral) Gold Production (oz) 54,000 24,0
Slide 13: Combined Reserve and Resources
Combined Reserve and Resources As of June 30, 2017 For personal use only Reserves as of June 30, 2017 (100% basis) Location Area Category Tonnes Grades (g/t) Contained Metal Ounces (koz) (kt) Au Ag AuEq Au Ag AuEq Combined All P&P 2,093 4.6 119.3 6.1 311 8,027 412 Refer to Slide 20 for notes on the
Slide 14: Reserves and Resources: Guanaco
Reserves and Resources: Guanaco For personal use only As of June 30, 2017 (Guanaco and Amancaya Gold Project, Region II, Chile, Technical Report, June 16, 2017) Guanaco had the following Reserves and Resources: Category Area Tonnes Grades (g/t) Contained Metal Ounces (koz) (kt) Au Ag AuEq Au Ag AuEq
Slide 15: Reserves and Resources: Amancaya
Reserves and Resources: Amancaya For personal use only Reserves (June 30, 2017) Tonnes Grades (g/t) Contained Metal Ounces (koz) Area Category (kt) Au Ag AuEq Au Ag AuEq Open Pit Probable 255 7.6 119.5 9.1 62 980 74 Underground Probable 693 6.5 42.5 7.0 145 946 157 Total Probable 948 6.8 63.2 7.6 20
Slide 16: Reserves and Resources: Casposo
Reserves and Resources: Casposo For personal use only • As of June 30, 2017 Casposo had the following Reserves and Resources: Category Area Tonnes Grades (g/t) Contained Metal Ounces (koz) (kt) Au Ag AuEq Au Ag AuEq Proven All 27 2.0 320.0 6.0 2 278 6 Probable All 792 2.6 227.0 5.5 66 5,780 139 P&P
Slide 17: Guanaco/Amancaya Complex, Chile
Guanaco/Amancaya Complex, Chile ▪ 66,800 hectare mining property comprising For personal use only Guanaco Mine, the high grade Amancaya Deposit and the Reprado Property ▪ Within Chile’s Paleocene/Eocene gold belt ▪ Ore from Amancaya is trucked 75 km for processing at Guanaco ▪ 1,500 tpd Agitation le
Slide 18: Casposo Mine, Argentina
Casposo Mine, Argentina For personal use only ▪ 10,000 hectare mining property in San Juan Province, Argentina ▪ Low sulphidation epithermal gold-silver hosted in narrow banded quartz-chalcedony veins ▪ Austral acquired an initial 51% interest in Casposo from Troy Resources in March 2016 and increas
Slide 19: Amancaya Update
Amancaya Update For personal use only Central Vein Mining Focus ▪ The Central Vein hosts an M&I resource of 276 Koz @ 10.6 g/t AuEq (June 30, 2017) ▪ Open pit mining on the Central Vein commenced in early 2017 ▪ In Q4 2017 began transition to underground, with portal completed in late 2017 and decli
Slide 20: Amancaya: Central Vein
Amancaya: Central Vein For personal use only Central Vein Long Section Looking East ? Q4 2017 drilling highlights from the Central Vein: ▪ Significant new high grade shoot 500 m strike ➢ AM 117: 3m @ 13.98 g/t Au + 85 g/t Ag length and ~100 m vertical extent from surface ➢ AM 125: 4m @ 12.45 g/t Au
Slide 21: Guanaco Near-Mine Exploration
Guanaco Near-Mine Exploration: ▪ Austral is testing strike extension of known vein systems In Q1 2018 expect to target Dumbo- For personal use only West, Dumbo-East and the Cachinalito West targets with 7,000 m of drilling planned ▪ Historically production derived from the Cachinalito, Dumbo-Defen
Slide 22: Casposo Exploration
Casposo Exploration Near-Mine Exploration: For personal use only ▪ Austral is testing extension of known vein systems ▪ In Q1 2018 Austral will be targeting Aztec, Inca 0 and Inca 2A at Kamila mine area and Mercado and MV1 veins at Mercado area with ~5,000 m of drilling planned Brownfield Exploratio
Slide 23: Pingüino Polymetallic Project
Pingüino Polymetallic Project Santa Cruz, Argentina For personal use only ▪ 13,486 hectare property in Santa Cruz Province, Argentina ▪ Advanced exploration stage project with 69,500 m drilling database ▪ Polymetallic mineralization with silver-zinc-lead-gold-indium sulphides ▪ In the last 15 years
Slide 24: Pingüino: Silver, Zinc, Lead, Indium, Gold
Pingüino: Silver, Zinc, Lead, Indium, Gold For personal use only Marta Noroeste 9m @ 682.2 g/t Ag & Marta Norte 2.63 g/t Au 6m @ 476 g/t Ag & 1.08 g/t Au 70+ veins identified to date Large Vein 37 veins drill tested System: to date 12 km long (some veins overlap on X 5 km wide 11 km graphic) Marta C
Slide 25: 2018 Catalysts
2018 Catalysts For personal use only Upcoming News and Developments Expecting to undertake 30,000 m drill program testing: • “Near-mine” brownfield exploration targets: extensions of past-producing vein structures at the Guanaco and Casposo mines • Greenfield exploration targets on the greater Ama
Slide 26: Austral Gold represents a compelling story
Austral Gold represents a compelling story: For personal use only Experienced Management Team with proven track record of success Mining operations with high standards of operational excellence Exploration upside with a growing portfolio of mining properties Well positioned for growth opport
Slide 27: End of Presentation
For personal use only END OF PRESENTATION www.australgold.com ASX:AGD | TSX-V:AGLD | www.australgold.com 27