Ausgold Limited · ASX:AUC
Ausgold — Paydirt's Gold Conference 2011
14 slides from Ausgold's conference presentation, Mar 31, 2011
Slide 1: Unlocking the mineral potential of the southwest Yilgarn
For personal use only Unlocking the mineral potential of the southwest Yilgarn Paydirt’s Gold Conference 31 March 2011 Slide 1
Slide 2: Competent Person's Statement & Disclaimer
Competent Person’s Statement & Disclaimer Competent Person’s Statement For personal use only The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Benjamin Bell, who is a Member of the Australian Institute of G
Slide 3: Project Overview
Project Overview • Targeting high-grade gold deposits within the southwest Yilgarn Craton For personal use only • Focused initially on the Katanning Gold Deposit (located 300 km southeast of Perth) • Currently drill testing strike and depth continuation of Katanning Gold Deposit • Ore genesis simila
Slide 4: Location and Infrastructure
Location and Infrastructure • Located 40 km east of Katanning For personal use only • WA Government identified Katanning as a likely regional “supertown” • Granted mining leases • Sealed roads to site • Mains power to site • Mobile phone coverage on site • Established bore field at mine • Favourable
Slide 5: Southwest Yilgarn – History
Southwest Yilgarn – History • Historic exploration sporadic despite hosting Newmont’s Boddington Gold Mine For personal use only • Prior exploration of the region possibly impeded because: – The rich Eastern Goldfields have attracted more attention (effect of ‘elephant country’ thinking?) – Area mor
Slide 6: Southwest Yilgarn – Opportunity
Southwest Yilgarn – Opportunity • Historic drilling of primary bedrock mineralisation returned intersections including: For personal use only 17m @ 10.53 g/t Au 15m @ 8.40 g/t Au 19m @ 6.01 g/t Au • Recognised potential repetitions of Boddington-style gold mineralisation • Pegged two structures adja
Slide 7: Gold Mineralisation
Gold Mineralisation • Gold deposited along granite / mafic contact For personal use only • Parallel mineralisation on both sides of 15 km long granite intrusion • True thickness of gold mineralisation typically 10 - 20m • Gold grade >3 g/t Au • Dips 30o east • Granitic intrusion <100m wide • Gold em
Slide 8: Resource Development
Resource Development • Existing resource drilling limited to oxide mineralisation For personal use only (<30m below ground surface) • Current program designed to extend the depth of resource drilling to 400m • Initial targets - Jinkas and Dingo ore bodies Jinkas ore body currently >900m long Dingo o
Slide 9: Resource Development - Jinkas ore body
Resource Development - Jinkas ore body For personal use only Slide 9
Slide 10: Near-mine Exploration
Near-mine Exploration • Gold mineralisation and anomalism recorded over 25 km strike length For personal use only • Drill targets include: Datatine 8 km north & along strike of Jinkas 4m @ 15.6 g/t Au from previous drilling Olympia 2 km north & along strike of Jinkas 2m @ 5.41 g/t Au from previous d
Slide 11: Regional Exploration
Regional Exploration For personal use only • Historic gold workings along strike of known ore bodies • Numerous untested soil anomalies adjacent to regional geological structures • Targets coincident with extensive regional structures Slide 11
Slide 12: Corporate Snapshot
Corporate Snapshot For personal use only • ASX AUC BOARD OF DIRECTORS • Tradeable Shares 60,822,472 ROBERT PETT Chairman • Escrowed Shares 32,737,014 BENJAMIN BELL CEO • Tradeable Options 52,068,402 SIMON TREVISAN Executive Director • Escrowed Options 36,872,112 • Share price (as at 28.3.11) A$1.20
Slide 13: Pipeline of other projects
Pipeline of other projects • Doolgunna Station For personal use only Adjoins Sandfire Resource’s DeGrussa tenements Project covers over 5 km strike length of prospective Jenkins Fault & Narracoota Volcanics Results of geophysical interpretation and target generation to be announced in April 2011 • P
Slide 14: Summary and Outlook
Summary and Outlook • Dominant landholding (>6,000 km2) within the under-explored southwest Yilgarn For personal use only • Targeting high-grade intrusion–related gold deposits • Region hosts one of Australia’s largest gold deposits (Newmont’s 26 million oz Boddington Gold mine) • Currently drill te