Auteco Minerals — Investor Presentation (June 2023)
16 slides from Auteco Minerals's investor presentation, Jun 7, 2023
Slide 1: High-Grade Canadian Undeveloped Gold Resource of 2.8Moz at 7.2g/t
HIGH-GRADE CANADIAN UNDEVELOPED GOLD RESOURCE ASX : AUT OF 2.8MOZ AT 7.2G/T ‣ One of the highest grade +2Moz Inferred Resources globally in a Tier-One mining region ‣ Strong growth trajectory with exceptional exploration upside ‣ Historic mine site, nearby roads with ready access to hydropower ‣ Com
Slide 2: Disclaimer & Cautionary Statements
DISCLAIMER & CAUTIONARY STATEMENTS DISCLAIMER This presentation has been prepared by Auteco Minerals Limited (the Company) based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submis
Slide 3: The World-Class Pickle Crow Gold Project
THE WORLD-CLASS PICKLE CROW GOLD PROJECT Pickle Crow has one of the highest grade 2.8Moz gold Resources globally in addition to significant district-scale discovery potential ‣ Operating in a stable Tier 1 mining jurisdiction, Ontario Canada ‣ Year-round access, support infrastructure LOCATION ‣ In
Slide 4: 2.8 Million Ounces and Growing
2.8 MILLION OUNCES AND GROWING Strong and Consistent Resource Growth Lower Tonnes Gold Grade Gold Variance to Dec 2021 Mineralisation Domain Cut-off (Mt) (g/t) (Million oz) Resource Inferred Resource at 31 Quartz Lodes 3.0g/t 6.7 9.8 2.1 +0.19Moz December 20221 Bulk (BIF, Porphyry) 2.0g/t 4.2 3.8 0.
Slide 5: A Standout Project: Total Resource Ounces and Grade
1. TOTAL RESOURCE OUNCES1 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 0 10,000,000 De Grey Mining - Mallina Bellevue Gold - Bellevue AuTECO - PICKLE CROW A STANDOUT PROJECT Ausgold - Katanning Refer to Appendix 1 for details of Resources. Resources are inclusive of Reserves. Genesis Minerals -
Slide 6: One of the Best Addresses Globally
ONE OF THE BEST ADDRESSES GLOBALLY A True Tier One Jurisdiction With World-Class Gold Deposits
Slide 7: An Area of Significant Corporate Activity
AN AREA OF SIGNIFICANT CORPORATE ACTIVITY >US$2 Billion worth of transactions since 2019 in the same belt of rocks that hosts Pickle Crow ASSET Dixie Red Lake Phoenix STAGE Exploration, No Resource Production Feasibility LOCAL SELLER / TARGET TRANSACTIONS Near Pickle Crow1 (Uchi Belt) ACQUIRER TRANS
Slide 8: Board and Management
BOARD AND MANAGEMENT A Leadership Team with management DNA and success in the resources sector Maddison Cramer JOINT COMPANY SECRETARY Bellevue Gold, Midas Minerals, Cygnus William Nguyen Kevin Tomlinson CHIEF FINANCIAL OFFICER & Ray Shorrocks Steve Parsons Michael Naylor Darren Cooke NON-EXECUTIVE
Slide 9: Corporate Overview
CORPORATE OVERVIEW Exceptional institutional share register with a strong balance sheet to fund future growth CURRENT SHARE PRICE 1 MARKET CAPITALISATION 1 CASH POSITION 2 A$0.031 ~A$72m ~A$10.4m CAPITAL STRUCTURE ASX Code AUT Shares on issue 2.3B $0.25 $2,200 Unlisted options & performance rights 1
Slide 10: Creating Value with the Drill Bit
CREATING VALUE WITH THE DRILL BIT 1 REGIONAL DISCOVERY 2 NEAR MINE GROWTH Greenfields Exploration Brownfields Around the Headframe ‣ Limited systematic modern camp-scale exploration ‣ 2.8Moz @ 7.2g/t Inferred Resource ‣ First time the mineral district has been consolidated ‣ Near mine deposits contr
Slide 11: Significant Near-Surface Upside
SIGNIFICANT NEAR-SURFACE UPSIDE Significant Potential to Grow the 2.8Moz @ 7.2g/t Resource ‣ Over 1Moz above 0.5g/t in the top 250 metres ‣ Extensive shallow mineralisation in the top 250m below surface outside of the current Resource ‣ Significant open pit potential – under review ‣ Resource remain
Slide 12: Focus of Activities – 2023
FOCUS OF ACTIVITIES – 2023 Building on a remarkable 2022 to fast-track exploration of one of the most prospective gold exploration plays in addition to advancing the 2.8Moz gold Resource towards production ‣ 500km2 land holding in one of the most prospective gold camps globally FAST-TRACK REGIONAL ‣
Slide 13: A Compelling Investment Opportunity
A COMPELLING INVESTMENT OPPORTUNITY One of the highest grade +2Moz Inferred Resources with strong potential to grow LOCATION THE ASSET – PICKLE CROW UPSIDE ‣ Operating in a stable Tier 1 ‣ Long history of high-grade ‣ Exceptional discovery mining jurisdiction, Ontario gold production (1.5Moz @ poten
Slide 14: Appendix 1 – Resource Peer Comparison Data
APPENDIX 1 – RESOURCE PEER COMPARISON DATA MEASURED INDICATED INFERRED TOTAL Market Cap @ COMPANY PROJECT STAGE 1/5/2023 in Grade Ounces Grade Ounces Grade Ounces Grade Ounces AUD Matdador Mining1 Cape Ray Resource - - 3.15 356,000 1.60 481,000 2.02 837,000 $ 23,320,000 AuTECO2 Pickle Crow Resource
Slide 15: Appendix 2 – Corporate Transaction Details
APPENDIX 2 – CORPORATE TRANSACTION DETAILS SOURCE DATE ASSET TARGET / SELLER ACQUIRER TRANSACTION TYPE TRANSACTION VALUE 1 24/02/2022 Dixie Great Bear Resources Kinross Company acquisition US$1.4B 2 26/11/2019 Red Lake Newmont Mining Evolution Mining Asset Transaction to US$475M 3 20/05/2021 Phoenix
Slide 16: Appendix 3: Environment, Social and Governance
APPENDIX 3: ENVIRONMENT, SOCIAL AND GOVERNANCE Sustainability is at the forefront ‣ Commitment to baseline monitoring and progressive rehabilitation Environment ‣ Minimisation of disturbance, maintaining a healthy ecosystem ‣ Improve what AuTECO inherited (legacy site) ‣ Agreement signed with Mishke