Auris Minerals Ltd. · ASX:AUR
Auris Minerals — Corporate Update (September 2017)
14 slides from Auris Minerals's corporate update, Sep 7, 2017
Slide 1: Corporate Update: Wodger Drilling Commenced
For personal use only CORPORATE UPDATE WODGER DRILLING COMMENCED September 2017
Slide 2: Positioned for Success
POSITIONED FOR SUCCESS For personal use only Refreshed + Experienced + Focussed Right People ✓ Proven VMS Province + Adjacent Discoveries Right Address ✓ Systematic + Disciplined Exploration Right Approach ✓ Supportive Shareholders + Funding Plan in Place Strong Support ✓ Multiple Drill Targets + Ac
Slide 3: Company Profile
COMPANY PROFILE Capital Structure Substantial Shareholders1 For personal use only Share Price1 8.7c Board and Management 5.17% Shares on Issue2 382m Market Capitalisation ~A$33m JPMorgan Chase & Co 9.50% Cash3 ~A$3.2m Investmet Limited 7.22% Board and Management Bronwyn Barnes – Non-Executive Chair
Slide 4: Bryah Basin – A Proven VMS Province
BRYAH BASIN – A PROVEN VMS PROVINCE For personal use only 3 Auris holds ~1,400km2 landholding
Slide 5: Key Projects
KEY PROJECTS Project Summary & Future Work Programs For personal use only Forrest Project Doolgunna Project ► Multiple, highly prospective drill ready VMS targets ► Advanced VMS target (Cuba Prospect) showing all analogous to the proximal Horseshoe Lights characteristics of the Monty VMS occurrence
Slide 6: Forrest Project – Big Billy, Forrest, Wodger
Forrest Project (Forrest, Wodger & Big Billy) FORREST PROJECT – BIG BILLY, FORREST, WODGER For personal use only Multiple Advanced Targets Highly prospective VMS targets ► Analogous to Horseshoe Lights VMS deposit ► Horseshoe Lights historic production – 290koz @ 8g/t & 46,400 t Cu @ 10% Cu Right Ge
Slide 7: Wodger Prospect – Discovery
WODGER PROSPECT – DISCOVERY For personal use only Wodger Discovery X-section ► Broad, high-grade zones of A1 copper-gold-silver mineralisation ► WDRC005 intersected high- grade copper mineralisation • 31m @ 2.39%Cu from 175m ► Primary sulphide copper mineralisation in the form of B1 visible chalcoci
Slide 8: Wodger Prospect – Discovery: High-Grade Copper Mineralisation
WODGER PROSPECT – DISCOVERY High-Grade Copper Mineralisation For personal use only Discovered WDRC005: 50m @ 1.55% Cu from 175m Includes - 31m @2.39% Cu from 187m - 17m @ 3.41% Cu from 200m 41m @ 0.47g/t Au from 177m 59m @ 5.05g/t Ag from 168m ► Mineralisation consists of extensive zones of malachit
Slide 9: Wodger Prospect – Follow-Up Drilling
WODGER PROSPECT – FOLLOW-UP DRILLING For personal use only Follow-up Exploration Plan ► 2,500 metre RC and diamond drilling program ► Program designed to confirm the geometry of high-grade copper mineralisation ► Diamond drilling will be utilised to further understand the controls on mineralisation.
Slide 10: Doolgunna Project
DOOLGUNNA PROJECT For personal use only Ideal Location ► Proximal to the high grade DeGrussa Mine (14.3Mt @ 4.6% Cu & 1.6g/t Au) and the Monty discovery (1.05Mt @ 9.4% Cu & 1.6g/t Au) ► Increased level of exploration activity by neighbours, Sandfire and Talisman ► Nearby plant requiring feed High pr
Slide 11: Cashmans Project
CASHMANS PROJECT For personal use only Proven VMS District ► Recent drilling at Orient intersected 3m of massive sulphide containing visible chalcopyrite ► A halo of enriched copper (chalcopyrite), lead (galena) and zinc (sphalerite) values – Typical of VMS deposits and validates exploration model ►
Slide 12: Investment Proposition
INVESTMENT PROPOSITION For personal use only Refreshed + Experienced + Focussed Team Right People ✓ Proven VMS Province + Adjacent Discoveries Right Address ✓ Systematic + Disciplined Exploration Right Approach ✓ Supportive Shareholders + Funding Plan in Place Strong Support ✓ Multiple Drill Targets
Slide 13: Competent Person's Statement & Disclaimer
COMPETENT PERSON’S STATEMENT & DISCLAIMER Competent Person & Forward Looking Statements Information in this announcement that relates to exploration results is based on and fairly represents information and supporting documentation prepared and For personal use only compiled by Richard Pugh BSc (Hon
Slide 14: Contact
For personal use only Contact: Wade Evans – CEO Unit 3, 703 Murray Street West Perth WA 6005 PO Box 298, West Perth WA 6872 P +61 8 6109 4333 E general@aurisminerals.com.au / W www.aurisminerals.com.au 13