Ausgold Limited · ASX:AUC
Ausgold — Investor Presentation (April 2018)
29 slides from Ausgold's investor presentation, Apr 9, 2018
Slide 1: Investor Presentation April 2018
ASX: AUC For personal use only Investor Presentation April 2018 Developing a significant gold project in WA’s most exciting underexplored greenstone belt Investor Presentation 8/04/2018
Slide 2: A WA Gold Exploration & Development Company
A WA Gold Exploration & Development Company 2 • Significant landholding (4,165km2) in the South West Archean Yilgarn Craton • Ownership of an underexplored and highly prospective greenstone belt For personal use only • Rejuvenated Board and management with significant resources sector experience • K
Slide 3: Corporate Snapshot
Corporate Snapshot 3 $0.060 8,000 For personal use only Directors Volume 7,000 4% $0.050 6,000 $0.040 Chalice Gold Mines 5,000 11.4% '000 6% $0.030 4,000 3,000 Major Gold Elegant (HK) $0.020 2,000 shareholders Investment Ltd $0.010 1,000 BMP Capital Ltd $0.000 - Mar 2017 May 2017 Jun 2017 Mar 2018 J
Slide 4: Experienced Board & Management
Experienced Board & Management For personal use only 4 Investment professional with 45 years’ experience in mining, funds Richard Lockwood management and gold mining investment. Founder of New City Investment Non Executive Chairman Management. Geologist with 19 years’ experience in mineral explorati
Slide 5: Katanning Gold Project
Katanning Gold Project For personal use only 5 Underexplored Archean greenstone gold terrane Updated Mineral Resources of 785 koz1 Drill ready targets within 10km of Resource 100% AUC-owned contiguous tenure covering 4,165 km2 130 km strike length largely untested Freehold land – no Nati
Slide 6: Location, Location, Location
Location, Location, Location For personal use only 6 Large Landholding, Excellent Location • Katanning Greenstone Belt - underexplored and highly prospective • Mineralisation along a major crustal boundary extending regionally for over 130 km’s • Improved understanding of geology based on new genera
Slide 7: A Forgotten and Underexplored Greenstone Belt
A Forgotten and Underexplored Greenstone Belt For personal use only 7 Near mine Regional exploration • Gold mineralisation over 17km of strike • Untested greenfield potential – 4,165 km2 length • Identification of greenstones using low cost • Untested targets along strike from existing exploration t
Slide 8: Mineral Resource At KGP
Mineral Resource At KGP For personal use only 8 46% of gold in Measured and Indicated categories ✔ (historical mining and metallurgical test work indicates good recoveries) Drilling has targeted extensions of current Resources and ✔ the addition of Fraser and Jinkas South ✔ Jinkas represents 6.8 Mt
Slide 9: Targeting New Discoveries 'Near Mine'
Targeting New Discoveries ‘Near Mine’ 9 Near Mine: Repetitions along strike For personal use only Datatine: Multiple targets New discovery AC drill anomalies High grade gold Gravity and EM Validates anomalies geological model Near Mine: Lukin and Southern strike Shoestring: Investor
Slide 10: KGP - long section view
KGP - long section view 10 • Near surface mineralisation undrilled at White Dam and Jinkas • Significant “gaps” in drilling at Rifle Range, Plant site, Jackson and Jinkas For personal use only • Targets beneath and along strike from Jinkas Near surface potential Investor Presentation Jinkas South 8/
Slide 11: Jinkas Long Section
Jinkas Long Section 11 • Northerly-plunging mineralisation remains untested to north • Near surface mineralisation remains open to south For personal use only • Repetitions of high grade mineralisation beneath current Resource • Down dip potential untested, potential repetitions of high grade east o
Slide 12: High grade gold at KGP
12 High grade gold at KGP • Pyrrhotite associated with high grade gold For personal use only mineralisation • EM to target high grade gold mineralisation Investor Presentation 8/04/2018
Slide 13: New near Resource targets
New near Resource targets 13 • Three mineralised trends • Favourable structural and geological setting For personal use only • Air core (AC) drilling program of 331 holes for 7,810m • 24,000 m Reverse Circulation (RC) program ongoing Investor Presentation 8/04/2018
Slide 14: Northern Resource area
Northern Resource area For personal use only 14 Jackson trend Mineralisation intersected in AC drilling north along strike Mineralisation extends beneath granite RC follow-up to test down dip Jinkas trend Prospective mafic granulite 700m strike from Jinkas Gold in AC drilling Follow up R
Slide 15: Central Resource area
15 Central Resource area For personal use only Three trends highlighted in AC drilling and geophysics ~600m Investor Presentation 8/04/2018
Slide 16: Jinkas South
Jinkas South For personal use only 16 • High-grade mineralisation south along strike from the Jinkas deposit • Follow-up drilling testing open for over 650m along strike • Potential targets down dip • Gravity anomaly (high in red) to east of known gold mineralisation and extends along strike length
Slide 17: Jinkas South
Jinkas South 17 • Discovery confirms geological model For personal use only • Mineralisation blind at surface – potential further east down dip • Intercepted south of current Resource along strike from the Jinkas deposit • Mineralisation remains open along strike ~650m Further RC drilling planned In
Slide 18: Datatine
Datatine 18 • High grade gold mineralisation identified over > 600m strike length and remains open For personal use only • EIS co-funded diamond drill program and RC drilling to test strike extent • Different structural tend (east – west strike) and mineralisation style high in silver ~54 g/t Ag and
Slide 19: Significant Regional Potential
Significant Regional Potential 19 Bottleneck trend: Gold and multi-element in For personal use only stream sediments Follow up with ground • Large landholding (4,165 km2) geophysics and soil sampling • Covering 130 km strike length • Over 98% of tenure area Dumbleyung remains untested Gold-in-
Slide 20: Timeline
Timeline For personal use only 20 Katanning • Commence RC drill Yamarna Katanning Drilling of untested program • Resource infill drilling & • Regional gravity survey of EM conductor further exploration mine corridor Doolgunna Test Cu targets drilling 2017 2018 Q4 Q1 Q2 Q3 Q4 Regional Katanning • Gro
Slide 21: Peer Comparison
Peer Comparison 21 • The Katanning Gold Project is arguably a “forgotten” asset For personal use only • The KGP had not been materially progressed over the last 3 or 4 years until a recent reinterpretation of the geology and regional potential • Ausgold carries a large Resource position and low EV/R
Slide 22: Other Projects
Other Projects For personal use only 22 Doolgunna Station Gold and copper targets adjacent to world class deposits (Cu, Au, 100%-owned) • 150km NE of Meekatharra • 192 km2 prospective ground adjacent to DeGrussa VMS deposit Cracow • Highly prospective for VMS copper- Gold and copper targets gold and
Slide 23: Doolgunna Station – Western Australia
Doolgunna Station – Western Australia 23 • Located in WA’s Bryah Basin (150km north-east of For personal use only Meekatharra) • Highly prospective for VMS copper-gold and Plutonic-style gold mineralisation, adjacent to DeGrussa VMS deposit • Highly prospective for gold and copper mineralisation • A
Slide 24: Yamarna – Central Western Australia
Yamarna – Central Western Australia For personal use only 24 • located in highly prospective Yamarna Greenstone Belt 125 kilometres north- east of Laverton in central Western Australia • significant copper-nickel-cobalt discovery hosted within an underexplored belt • regional structures and greensto
Slide 25: Cracow − Queensland
Cracow − Queensland For personal use only 25 • Lies 375km NW of Brisbane - well serviced by major roads • Covers over 200km2 and hosts Camboon Volcanics which are the same as those that host Evolution’s Cracow mine • Grab samples contain native copper, chalcocite and malachite, with assay grades up
Slide 26: Summary
Summary For personal use only 26 Extensive land package in an New management driving a Recent capital raising to exciting new underexplored critical change in technical support work programs greenstone belt understanding and strategy Significant Resource upgrade Multiple assets with genuine Signific
Slide 27: Thank you
27 Thank you Dr Matthew Greentree For personal use only Chief Executive Officer Ausgold Limited T: (08) 9220 9890 Level 16, AMP Building 140 St Georges Terrace Perth WA 6000 Investor Presentation 8/04/2018
Slide 28: Appendix 1: Resource Table
Appendix 1: Resource Table 28 • KGP Mineral Resource estimates (2017; SRK Consulting, developed in accordance with JORC 2012) For personal use only • Note: the Mineral Resource is reported at a lower cut-off grade of 0.50g/t gold. • The topographic surface at the KGP is at approximately 360mRL, with
Slide 29: Disclaimer
Disclaimer 29 Competent Person’s Statement The information in this presentation that relates to Exploration Targets and Exploration Results is based on information compiled by Dr Matthew Greentree For personal use only who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM) a