Alpha Hpa Limited · ASX:A4N

Alpha Hpa — Augur Resources — Investor Presentation (September 2012)

20 slides from Alpha Hpa's investor presentation, Sep 19, 2012

  1. Slide 1: Presentation to Investors (ASX cover letter)

    ABN 79 106 879 690 19 September 2012 The Manager Companies ASX Limited 20 Bridge Street SYDNEY NSW 2000 (20 pages by email) Dear Madam, PRESENTATION TO INVESTORS I attach a presentation which is being delivered to investors. For further information, please contact Grant Kensington on +61 2 9300 3310

  2. Slide 2: Advancing Wonogiri

    AUGUR RESOURCES LTD ABN 79 106 879 690 Advancing Wonogiri Wonogiri 1.54M oz Gold Eq Resource

  3. Slide 3: Disclaimer

    Disclaimer ASX:AUK www.augur.com 2

  4. Slide 4: A value investment

    A value investment 1.54M oz Gold Eq resource • Discovery Cost: $3.05 / oz • 1.01M oz gold • Discovery Time: 15 Months • 200M pounds of copper • Resource from surface 120 EV per Gold Eq oz 100 80 AUD$/oz AUD$/oz 60 40 20 0 Average: AUD$61 Augur: AUD$5.3 ASX:AUK www.augur.com 3

  5. Slide 5: Peer group comparison

    Peer group comparison Market Gold oz Capital 12 Month Listing Company Major Projects Resource (M) AUD$M Price Price Range Exchange G Resources Martabe 181.2Mt @ 1.34g/t Au & 7.86 893.7 0.38 0.32-0.72 Hong Kong 12.5 g/t Ag Archipelago Toka Tindung (95%) 52.6Mt @ 1.53g/t Au & 4.05 440.9 0.51 0.49-0.79

  6. Slide 6: Location

    Location WONOGIRI WONOGIRI JV JV ASX:AUK www.augur.com 5

  7. Slide 7: What we have

    What we have ™ Large gold‐copper resource to JORC standards ™ Direct ownership and control of licence ™ No social issues experienced ™ No forestry access restrictions over deposit ™ Positive recoveries and concentrate results ™ Focus on maximising value to shareholders ASX:AUK www.augur.com 6

  8. Slide 8: What we achieved

    What we achieved ASX:AUK www.augur.com 7

  9. Slide 9: What we found

    What we found Mineralisation to surface Randu Kuning Deposit Higher Grade Gold Zone >1.0 g/t (Red) • 90.9 Mt @ 0.53 g/t Au Eq • Measured and Indicated 33.7 Mt @ 0.81 g/t Au Eq OPEN • Mineralisation to surface • Potential open pit Gold mineralisation extraction >0.2 g/t (Yellow) OPE • Open at depth N

  10. Slide 10: Excellent recoveries

    Excellent recoveries ™ Excellent recoveries in sulphide zone: up to 89.0% recovery of gold & 96.1% of copper. Possibility to increase gold recovery using additional gravity recovery. ™ Initial concentrate best result returned 19.4% copper and 64.0 g/t gold with silver credit (77 g/t). ™ Optimising w

  11. Slide 11: Progressing to development

    Progressing to development ASX:AUK www.augur.com 10

  12. Slide 12: Quality infrastructure

    Quality infrastructure ™ Excellent infrastructure at site ™ Sealed road to edge of deposit ™ Man made water source directly east of the licence area and other water sources within licence area ™ Grid power in local area ™ Potential work force in local region ™ International airport at Solo (45 minut

  13. Slide 13: 3900Ha of gold and copper potential

    3900Ha of gold and copper potential Multiple Targets ™Porphyry gold‐copper mineralisation from surface at Randu Kuning ™Extensive low sulphidation epithermal veins over >2.5 km in cumulative strike length surrounding Randu Kuning ™Extensive geochemical anomalies in the northern half of the IUP with

  14. Slide 14: 5 Quality regional prospects

    5 Quality regional prospects Geophysics and geochemistry indicate 1.7 km corridor of alteration and mineralised zone. Drilling to the north intersected extensive alteration system indicating second potential porphyry target. Highly prospective targets also identified to the south of Randu Kuning (no

  15. Slide 15: Advancing regional targets

    Advancing regional targets ™ 2012: Continuation of target definition ™ 2012 ‐ 2013: Continuation of exploration drilling ™ 2013: Preliminary metallurgical testing if warranted ASX:AUK www.augur.com 14

  16. Slide 16: A value proposition

    A value proposition 1 ™ 1.54 Moz gold equivalent JORC mineral resource estimated for Randu Kuning deposit: ¾ 1.01M ounces of Gold ¾ 200M pounds of Copper ™ >50 % of gold resource in JORC Measured category ™ Undervalued Enterprise Value : Augur $5.3/EqAu oz compared to peers $61.0/Eq Au oz ™ 80% dire

  17. Slide 17: Corporate overview

    Corporate overview Directors Capital Chairman Norman Seckold 205.3 million shares on issue Managing Director Grant Kensington 3 million employee options Director Peter Nightingale 7 million unlisted options Director Justin Werner Market cap: AUD$8.6 million Share Price – 52 Weeks Major Shareholders

  18. Slide 18: Thank you

    Thank you Augur Resources Ltd Level 2, 66 Hunter St, Sydney, NSW 2000, AUSTRALIA Phone: +61 2 9300 3310 www.augur.com.au ASX code: AUK ASX:AUK www.augur.com 17

  19. Slide 19: Statement of compliance

    Statement of compliance The information in this report that relates to Exploration Results is based on information compiled by Augur staff and contractors and approved by Mr Grant Kensington, geoscientist, who is a Member of the Australasian Institute of Mining and Metallurgy. Grant Kensington is a

  20. Slide 20: JORC Resource Summary

    JORC Resource Summary JORC Tonnes (M) EQ Gold Gold Copper Gold EQ Gold (oz) Cutoff Category (g/t) (g/t) (%) (oz) EqAu g/t 8.3 1.45 1.07 0.21 389,000 287,000 1.0 Measured 20.4 1.03 0.72 0.17 673,000 473,000 0.5 28.3 0.84 0.56 0.15 765,000 513,000 0.2 0.6 1.33 1.02 0.17 27,000 21,000 1.0 Indicated 3.5

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