Ausgold Limited · ASX:AUC
Ausgold — Investor Presentation (May 2023)
14 slides from Ausgold's investor presentation, May 22, 2023
Slide 1: Katanning Gold Project
ASX: AUC FRA:AU4 Katanning Gold Project Ausgold to deliver a larger 5Mtpa Gold Operation May 2023 1
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement The information in this statement that relates to the Mineral Resource estimates is based on work carried out by Dr Michael Cunningham of Sonny Consulting Services Pty Ltd, Mr Daniel Guibal of Condor Geostats Services and Dr Matthew Greentree of Ausgold Limite
Slide 3: Investment Highlights
Investment Highlights Ausgold is becoming the next Australian mid-tier Gold producer Critical Mass – Large stand-alone gold operation to produce +136kozpa • Large Resource of 2.64 Moz @ 0.94g/t Au Foundation • Maiden Reserve 1.28 Moz @ 1.25g/t Au • Scoping study outlines a larger 5 Mtpa production c
Slide 4: Ausgold Scoping Study
Ausgold Scoping Study Re-defining a pathway to a larger operation Life of Ore Mineral Name Plate Avg. Annual Metallurgical Stripping Mine Reserve Resources Capacity Au Production Recovery Ratio 9.7 years 32Mt @1.25g/t 85Mt @0.94g/t 5.0Mtpa 136,000oz p.a. 90% 4.1:1 gold for gold for 1.28 Moz 2.64 Moz
Slide 5: Recovered Gold per Period (koz)
Larger 5 Mtpa project Producing 1.36m oz gold of 9. 7 years delivering a high pre-tax NPV of A$819M and IRR 47% 136 Koz pa production LOM 200 1.8 155 Koz pa production in first 6 years • Additional 163 Koz LOM to 180 1.6 PFS 160 1.4 Recovered Gold per Period (koz) • High grades in first six years 14
Slide 6: Mine Project Overview
Mine Project Overview Comparison of Key LOM Financial and Physical metrics Prefeasibility Study – August 2022 Life of Mineral Name Plate LOM Au Avg. Annual Metallurgical Stripping Mine Resources Capacity Production Au Production Recovery Ratio 11 years 56Mt @1.21g/t 3 Mtpa 1.16Moz 105,000oz p.a. 90%
Slide 7: Mine Project Overview
Mine Project Overview Comparison of Key LOM Financial and Physical metrics Prefeasibility Study – August 2022 EBITDA NPV5 Capital IRR Operating Operating Payback (LOM) (post-tax) Cost (post-tax) Cost (AISC) Margin Period A$757M A$364M A$225M 40.7% A$1481/t 40.0% 1.7 years Scoping Study – May 2023 EB
Slide 8: Peer Comparison
Peer Comparison EV/Resource Reserve Size (oz) $450 6,000 $400 $382.00 5.1Moz Reserve 5,000 $350 $300 4,000 $250 3,000 $198.00 $193.00 1.34Moz $200 1.28Moz 0.27Moz Reserve Reserve Reserve $150 2,000 Average $58 $109.00 EV/Resource 1 $100 1,000 $43.00 $40.00 $50 $39.00 $39.00 $37.00 $29.00 $28.00 $21.
Slide 9: What Differentiates Ausgold
What Differentiates Ausgold Resource Project Economics Growth and Scale Infrastructure • 2.64Moz gold Resource with • Prefeasibility Study • Multi-million ounce • 3½ hour drive from Perth to more than 80% in delivered 1.28 Moz Ore resource potential support a Residential Measured and Indicated Reser
Slide 10: Upcoming News flow and Key Milestones
Upcoming News flow and Key Milestones Key Milestone Q2 CY2023 Q3 CY2023 Q4 CY2023 Q4 CY2023 KGP Exploration ✅ KGP Mineral Resource Update ✅ Regional Exploration ✅ Lithium Exploration ✅ ✅ ✅ ✅ KGP DFS ✅ ✅ ✅ Project Financing and FID ✅ ✅ ✅ Permitting and Approvals ✅ ✅ ✅ ✅ 10
Slide 11: www.ausgoldlimited.com.au
ASX: AUC FRA:AU4 Dr Matthew Greentree Managing Director Ausgold Limited T: (08) 9220 9890 info@ausgoldlimited.com T: (08) 9220 9890 Level 1, 307 Murray Street Perth WA 6000 www.ausgoldlimited.com.au 11
Slide 12: Katanning overview
Katanning overview Katanning Long section through KGP M+I Resource over 1.78moz Resource Categories within KGP 12
Slide 13: Katanning Gold Project Resource and Reserves
Katanning Gold Project Resource and Reserves Mineral Resource Tonnes (Mt) Grade (g/t Au) Contained Ounces Measured 27.1 1.05 920,000 Indicated 41.7 0.92 1,235,000 Inferred 16.1 0.82 420,000 Total 85.6 0.94 2,640,000 Ore Reserve Tonnes (Mt) Grade (g/t Au) Contained Ounces Probable 32 1.25 1,280,000 T
Slide 14: Peer Review
Peer Review Peer comparison reference list Resource Ounces (KOZ g/t) ASX Code Company Name Project Development Stage Mine Type Measured Indicated Inferred Total Source Date BGL Bellevue Gold Bellevue DFS UG -- 1,700 1,500 3,100 (9.9g/t) Roadshow Presentation 13-Sep-22 MGV Musgrave Minerals Cue Resou