Australian Gold & Copper Ltd. · ASX:AGC

Australian Gold & Copper — IPO Roadshow (November 2020)

26 slides from Australian Gold & Copper's IPO roadshow presentation, Nov 19, 2020

  1. Slide 1: Corporate Presentation November 2020

    For personal use only CORPORATE PRESENTATION November 2020 *This document is not a prospectus and does not contain all of the information that an investor may require in order to make an informed investment. All geological data presented in this document, including, but not limited to, rock-chip sam

  2. Slide 2: Introduction & Overview

    Introduction & Overview For personal use only CAPITAL STRUCTURE ($0.20 SHARES)2 Overview Pre IPO EV $10m 50m Shares IPO Raise $10m (at maximum) 50m Shares • IPO of three advanced gold projects, containing multiple near Post IPO Shares on Issue (at maximum) 100m Shares surface drill ready targets, in

  3. Slide 3: AGC Formation

    AGC Formation For personal use only ▪ Magmatic and New South Resources are focused on their large scale East Lachlan porphyry projects Wellington Junee ▪ Gold assets to be de- Myall Porphyry merged/divested to AGC East Lachlan Oberon are non-porphyry1 Parkes – Shallow, no cover, drill De-Merged/Dive

  4. Slide 4: AGC Team & Strategic Alliance with MAG

    AGC Team & Strategic Alliance with MAG For personal use only Australian Gold and Copper Strategic Alliance with Magmatic Resources DAVID RICHARDSON GLEN DIEMAR Chairman Managing Director Extensive international corporate Early stage discoveries focused experience including 15 years in Japan Geologis

  5. Slide 5: Investment Highlights

    Investment Highlights For personal use only LOCATION PORTFOLIO1 DRILLING READY NEWS FLOW TEAM & ALLIANCES ✓ World class gold- ✓ 1,000km2 across 3 ✓ Advanced under-drilled ✓ Early news flow from ✓ Track record of copper terrain projects targets multiple drill programs discoveries ✓ Lachlan Fold belt

  6. Slide 6: Portfolio Summary

    Portfolio Summary For personal use only THREE DRILL- Covering ~1,000km2 of the Central Lachlan READY GOLD Moorefield Project: 477km2 Orogenic Au ,VMS polymetallic PROJECTS1 Gundagai Project: 265 km2 late Silurian Au Cargelligo Project: 227km2 Cobar-style Au-polymetallic MOOREFIELD PROJECT CARGELLIGO

  7. Slide 7: Moorefield Project Overview

    Moorefield Project Overview For personal use only • Over 100 historic gold workings • 15km auger/soil geochem anomaly at surface: Fosterville Gold Mine - pathfinder suite Au-As-Sb • Major 15km orogenic gold trend within Ordovician DRILL READY turbidites = Victorian Goldfields lookalike GOLD + • All

  8. Slide 8: Moorefield Project Key Targets, Boxdale – Carlisle Reefs

    Moorefield Project Key Targets, Boxdale – Carlisle Reefs For personal use only BOXDALE - CARLISLE REEFS TARGET Arsenic (ppm) Auger & Boxdale Arsenic (ppm) Auger Arsenic (ppm) Soils • Goldfield Ltd spent close to $1M before exiting NSW1 Follow Up • Major ~15km long gold trend RC Intercepts 19m at 1.2

  9. Slide 9: Carlisle Reef Target

    Carlisle Reef Target Limited Drilling, Significant Intercepts, Unfinished Business For personal use only CARLISLE REEFS AU TARGET Resistivity (Gradient Array) • Significant historic gold mining field, over 100 historic workings • RC drilling conducted in 2017, significant gold intersected, never fol

  10. Slide 10: Pattons Target

    Pattons Target Extensive Mag Anomaly, Pattons Au-Cu Target For personal use only PATTONS AU-CU TARGET Fertile (Au rich) NE-SW trending structural & Sorpresa (RIM) • 14m @ 21.9g/t Au (incl. 2m @ 87.5g/t Au) & lithological corridor – ‘Fifield Central Gold Corridor’ (RIM) • 14m @ 24.4g/t Au (incl. 2m @

  11. Slide 11: Moorefield Project: Ghost Hill Target

    Moorefield Project Extensive Mag Anomaly, Ghost Hill Target For personal use only GHOST HILL AU-ZN-PB TARGET • A very large (2.5km x 1.5km) magnetic anomaly – magnetite skarn, i.e. deposit formed in limestone • Drilling returned wide zones of strong alteration and numerous results, incl: Inset 6m @

  12. Slide 12: Cargelligo Project Overview

    Cargelligo Project Overview For personal use only • Prospective for Cobar-Peak/Federation style gold-polymetallic • 15km highly prospective shear zone • Historic intercepts, geophysics, geochem, DRILL READY COBAR-STYLE favorable outcropping geology GOLD + POLYMETALLIC • Multi-datasets highlight thre

  13. Slide 13: Cargelligo Project: Achilles 3

    Cargelligo Project Huge discovery potential, Achilles 3 For personal use only ACHILLES 3 TARGET • Cobar-style gold-polymetallic targets MULTIPOINT SURFACE LEAD ANOMALISM Proposed RC drill holes • Multi-datasets all point to shallow aka signature of the Hera Mine Surface soils + six of eleven histori

  14. Slide 14: Cargelligo Project: Mt Boorithumble

    Cargelligo Project Drill Ready, Mt Boorithumble For personal use only MT BOORITHUMBLE TARGET • Similar targets to Achilles 3, drilling to immediately follow • Coincident EM plates with shallow geochem, IP geophysics, drilling intercept = great drill targets • EM plate underneath this anomalous outcr

  15. Slide 15: Gundagai Project Overview

    Gundagai Project Overview For personal use only • Late Silurian McPhillamys style gold systems • 150km South of Cowal 11M Oz Gold Mine • Multiple gold soil targets, recent composite rockchips to 35g/t DRILL READY • Historic gold drill intercepts GOLD + POLYMETALLIC • Underexplored for almost 50 year

  16. Slide 16: Gundagai Project: Grandview Gold Trend

    Gundagai Project Drill Ready, Grandview Gold Trend For personal use only GRANDVIEW GOLD TREND Historical drilling indicates wide gold zones associated with Qtz-Seri-Py Highly sheared limonitic gold bearing rock from • Extensive historic mines alteration over 1200m x 150m 35g/t Au sample site POTENTI

  17. Slide 17: Indicative Work Program, Budget & Timeline

    Indicative Work Program, Budget & Timeline For personal use only Min $7m Max $10m Uses of funds 2021 2022 Raise Raise Drilling $3,555,000 $5,020,000 Drilling - Boxdale-Carlisle Highly sheared limonitic gold bearing rock from Geophysics Surveys 35g/t Au sample site $440,000 $580,000 Drilling - Patton

  18. Slide 18: Conclusions

    Conclusions For personal use only JURISDICTION TEAM World class gold Strategic alliance and copper terrain track record of success PORTFOLIO OF ADVANCED WELL FUNDED FOR EXPLORATION PROJECTS DISCOVERY Capable of hosting multi-million Oz Rapid drilling to follow IPO discoveries 18

  19. Slide 19: Risks

    Risks Introduction NSR Demerger Approval Risk foreign exchange rates. For personal use only The NSR AGM will be held on 17 December 2020 to seek Demerger Approval. While to date COVID-19 has not had any material impact on the Company’s The Offer is subject to obtainment of the NSR Demerger Approval.

  20. Slide 20: Risks

    Risks Reserves and resource estimates As with most exploration projects operations, the Company’s activities are Although the Company has taken steps to verify the title to the resource For personal use only expected to have an impact on the environment. Significant liability could be properties in

  21. Slide 21: Risks

    Risks Operational risk AGC’s ability to effectively implement its business strategy over time may depend Government policy For personal use only in part on its ability to raise additional funds. There can be no assurance that any If the Company decides to develop into gold production in the future,

  22. Slide 22: Risks: General Risks

    Risks General Risks Taxation For personal use only The acquisition and disposal of Shares will have tax consequences, which will differ depending on the individual financial affairs of each investor. All potential investors in the Company are urged to obtain independent financial advice about the Li

  23. Slide 23: Foreign Offerings

    Foreign Offerings For personal use only No offer where Offer would be illegal New Zealand The Offer does not constitute a public offer or invitation in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation. No action has been taken to register or qu

  24. Slide 24: Disclaimer and Important Information

    Disclaimer and Important Information For personal use only This is not a disclosure document or offer document under the Corporations Act or any other law. It is designed solely for Although the Company has attempted to identify important factors that could cause actual results to differ materially

  25. Slide 25: Disclaimer and Important Information (Cont'd)

    Disclaimer and Important Information (Cont’d) For personal use only COMPETENT PERSONS STATEMENT IMPORTANT NOTICE The information in this document that relates to Exploration Results, Mineral Resources or Ore Reserves is based on This presentation does not constitute an offer to acquire or sell or a

  26. Slide 26: References

    References For personal use only Cayley, R., 2017, Mineral Systems Anaylisis in the Tasmanides – Looking North from the South through ‘Lachlan Orocline’ coloured glasses, AIG Bulletin 67 CMOC 2019., China Molybdenum Company Limited, http://www.cmocinternational.com/australia/ Cooper I., 2017, Findin

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