Ausquest Limited · ASX:AQD
Ausquest — Resource Rising Stars Conference 2014
19 slides from Ausquest's conference presentation, Apr 29, 2014
Slide 1: Resource Rising Stars Conference
For personal use only RESOURCE RISING STARS CONFERENCE 29th April 2014 Presentation by Graeme Drew - MD
Slide 2: Disclaimers
DISCLAIMERS For personal use only • Forward-Looking Statements This presentation may contain forward looking statements concerning the projects owned by AusQuest Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve esti
Slide 3: Why AusQuest may appeal to you?
W H Y A U S Q U E S T M AY A P P E A L TO Y O U ? For personal use only • Exploration success can bring about a significant increase in share price – discovery will be rewarded • Recent success stories – Sandfire, Sirius - prove the point • Where will the next one come from? That’s why we are in the
Slide 4: Exploration - our approach
E X P L O R AT I O N - O U R A P P R O A C H For personal use only • Look for something of scale – provincial targets • Good concepts & early mover status secures dominant land positions – large tenement packages • A talented & experienced pool of people – done it before • A pipeline of projects to
Slide 5: Comparison with peers
C O M PA R I S O N W I T H P E E R S For personal use only AQD - low EV AQD - low EV Peer Comparison Peer Comparison (as at Dec 31st 2013) (as at Dec 31st 2013) AusQuest Limited Shareholders Chris Ellis (NED) 9.5% ASX Code AQD Hamersley Holdings (Rio Tinto Plc) 3.5% Shares on Issue 297.5 million Top
Slide 6: Projects and programs
PROJECTS AND PROGRAMS For personal use only • Significant land holding (~1280km²) in the new Fraser Range Ni-Cu Province of WA • Programs in place to identify targets for drilling • Early-mover status in Peru - one of the world’s most prominent destinations for Cu exploration • Strong land position
Slide 7: Fraser Range Ni-Cu projects
FRASER RANGE NI-CU PROJECTS For personal use only Dundas Ni-Cu Dundas Ni-Cu Project Project Balladonia Balladonia Gibson Soak Gibson Soak 7
Slide 8: Gibson Soak Ni-Cu target
G I B S O N S O A K N I - C U TA R G E T • New EL application within For personal use only TARGET AREA TARGET AREA Fraser Range terrain • Similar magnetic and gravity patterns to Nova region MAGNETICS GRAVITY • >20km of prospective strike to be tested NOVA NI-CU NOVA NI-CU • Little historic explorat
Slide 9: Peru - the place to be
PERU – THE PLACE TO BE For personal use only • Excellent copper pedigree • Contains some of the world’s largest copper deposits • The world’s third largest copper producer – 1250ktpa Cu and rising • A mining friendly jurisdiction encouraging exploration • Comparatively under explored especially in c
Slide 10: Undercover - the real opportunity
UNDERCOVER –THE REAL OPPORTUNITY For personal use only • Covered areas restricted historic exploration • More Cu deposits to be found under cover • Aeromagnetics used for area selection • Mapping & sampling used to prioritise prospects • Magnetic gravity & IP targets ready for drilling 10
Slide 11: Right area - ready for drilling
RIGHT AREA – READY FOR DRILLING For personal use only Cerro de Fierro IOCG Target Drill ready Lana IOCG Target Drill ready Pinguino Porphyry Cu & IOCG Targets El Jaguay-Azucar 2 Magnetic Targets Drill ready Colorada, Cardonal, Puite 3 Porphyry Cu Targets Drill ready 11
Slide 12: Multiple copper targets
M U LT I P L E C O P P E R TA R G E T S For personal use only COLORADA A CLUSTER OF PORPHYRY CU TARGETS TO BE DRILLED CARDONAL PUITE 10km 12
Slide 13: Cardonal porphyry Cu target
C A R D O N A L P O R P H Y RY C U TA R G E T • Anomalous Cu in altered For personal use only Priority Target dykes and breccias • Intense dyking in limited Altered Dykes area + Copper • Large variety of intrusive rock types • Very Large IP anomaly 3km (>6km²) at depth - large IP Anomaly sulphide sy
Slide 14: Puite porphyry Cu-IOCG target
P U I T E P O R P H Y RY C U - I O C G TA R G E T For personal use only Coincident magnetic - copper target Priority Target Cu in soil anomaly Cu(ppm) in altered dykes Priority Target Ground Magnetic Image 14
Slide 15: Colorada porphyry Cu target
C O L O R A D A P O R P H Y RY C U TA R G E T For personal use only Priority Target IP Target 4km Priority Target Cu in soil anomaly Large Buried Porphyry Copper Target 15
Slide 16: Colorada Cu-Au workings
COLORADA CU-AU WORKINGS For personal use only Cu workings 16
Slide 17: Lana gravity target
L A N A G R AV I T Y TA R G E T For personal use only Granodiorite and andesitic volcanics N Moquegua Fm Sediments Milo Fm Sediments Sencca Volcanics Large Gravity Anomaly Under Cover Potential IOCG Target? Lana Prospect Location 17
Slide 18: Future activities
FUTURE ACTIVITIES For personal use only Fraser Range Ni-Cu Projects • Target definition work at Gibson Soak, Balladonia and Dundas prospects • Target drilling as required Peru Porphyry Cu and/or IOCG Projects • Drill large porphyry Cu &/or IOCG targets at Lana, Puite, Cardonal & Colorada pending dri
Slide 19: Contact
C O N TA C T For personal use only Graeme Drew Managing Director 8 Kearns Cres, Ardross, WA, 6153 Tel: +61 (8) 9364 3866 Email: graeme@ausquest.com.au www.ausquest.com.au 19