Augustus Minerals Limited · ASX:AUG
Augustus Minerals — Shareholder Meeting (November 2023)
18 slides from Augustus Minerals's shareholder meeting presentation, Nov 17, 2023
Slide 1: Annual General Meeting - Critical Minerals in the Gascoyne
Annual General Meeting Critical Minerals in the Gascoyne 17 November 2023 Ti Tree Shear Project Gascoyne Region, WA ASX: AUG
Slide 2: Important Information
Important Information DISCLAIMER These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) While reasonable care has been taken in relation to the preparation of the Presentation Materials, none of the Company have been prepared by Augustus Minerals
Slide 3: Corporate Overview Company Snapshot
Corporate Overview Company Snapshot Brian Rodan Executive Chairman AUG Stock Performance FAUSIMM 8.0 0.40 45+ years’ mining experience, MD and owner of Australian Contract Mining Pty Ltd (ACM), that successfully completed $1.5 billion worth of work over a 20 year period. 6.0 0.30 Share Price ($) Vol
Slide 4: Upper Gascoyne Explorers
Upper Gascoyne Explorers Dreadnought Resources Hastings Technology (ASX: DRE) (ASX:HAS) • 100m thick REE Intercepts @ Yin • Stage 1 of construction complete • Cu/Ni JV massive and • Yangibana Mineral Resource: disseminated sulphides 229.93Mt @ 0.93% TREO • 120.06Mt @ 1.03 TREO Lanthanein Resources (
Slide 5: Augustus Minerals Investment Proposition
Augustus Minerals Investment Proposition • Little historic regional exploration Hot emerging • Highly prospective geology Geological province • Multiple discoveries of rare earths and lithium deposits in region in recent years Mangaroon Ni-Cu- PGE • Emerging province for critical minerals Star of Ma
Slide 6: Aboriginal Heritage
Aboriginal Heritage Heritage Surveys were conducted within the Yinggarda Claim Area Prospects that were surveyed and approved for drilling between August – October included; • Coo Creek • Copper Ridge • Crawford Bore • Crawford Bore South • Nick’s Bore • Minnie Springs Augustus Minerals – Annual Gen
Slide 7: Exploration Strategy
Exploration Strategy 85kms of belt-scale Ti-Tree Shear hosting an endowment of critical mineral commodities Copper – Porphyry/Shear/Qtz Hosted • Shear and Porphyry hosted deposit settings are our primary focus • Drill targets that are well developed, have history and are ready to go • Drilled Target
Slide 8: Minnie Springs – Porphyry Style Cu-Mo Mineralisation
Minnie Springs – Porphyry Style Cu-Mo Mineralisation Minnie Springs • 3km long Cu in soil anomaly • Cu in Rock Chips up to 7% • 18 holes completed, 3 holes remain • 2,280m drilled to date N o o nary Well C u - Au Augustus Minerals – Annual General Meeting 2023 8
Slide 9: Minnie Springs – sulphide RC samples
Minnie Springs – sulphide RC samples • MSRC012: 82-138m multiple zones of copper sulphide mineralisation • Widespread epidote/chlorite alteration • Widespread silicification • Widespread pyrite distribution • Sheeted quartz veining containing copper sulphides • Extremely sheared Monzogranite next to
Slide 10: Minnie Springs – sulphide RC samples
Minnie Springs – sulphide RC samples From To Interval Visual Hole ID Mineralisation Style Sulphide Type Estimate (m) (m) (m) Sulphide % Pyrite 5-30% Disseminated/ Chalcopyrite 1-2% MSRC012 126 139 12 Blebby Chalcocite 1-3% Covellite 1-2% Sulphides species observed: Pyrite (FeS2) – pale yellow sulphi
Slide 11: Crawford-Copper Ridge Area - Large Copper/Gold System – 8kms x 3kms
Crawford-Copper Ridge Area - Large Copper/Gold System – 8kms x 3kms • Crawford Granites intruding Leake Spring Metamorphics Copper up to 35%, elevated gold in rock chips intersected by the Money Intrusion Substantial copper anomalism at surface • Significant zones of polymetallic mineralisation high
Slide 12: Minnie Springs – looking for porphyry’s
Minnie Springs – looking for porphyry’s • Drilling indicates phyllic alteration is dominant beneath copper in soil anomaly • Some potassic alteration noted on geological logs, particularly near Molybdenum zone • Geophysics to determine if there are deeper targets • DDH drilling in 2024 based on Geop
Slide 13: Copper Oxide Minerals – Copper Ridge
Copper Oxide Minerals – Copper Ridge 10% Malachite 5% Malachite 1% Malachite CRRC008: 14-16m downhole Malachite – 58% copper content Prospect Holes Metres Drilled completed Nick’s Bore 8 828 Copper Ridge 12 1,246 Crawford 6 560 Bore Crawford 6 744 South Coo Creek 15 1,424 47 4802 Augustus Minerals –
Slide 14: Rare Earths - ironstones
Rare Earths - ironstones • Surface mapping has confirmed several ironstone zones at the Ti-tree project. • Bentley zone has been mapped over a strike length of approximately 400m. • Rock chip sample results up to 1,283ppm Total rare earth oxides • Aboriginal Heritage survey during 2024 • RC Drilling
Slide 15: Future Exploration Works
Future Exploration Works • Collate, analyse and develop 2024 drill programs from new 2023 drill information Mangaroon Ni-Cu- PGE • Looking for a March drilling re-commencement DRE/FQM Star of Mangaroon Au HAS: YAN (REE) (Ni-Cu) DRE: YIN • Complete Geophysical targeting for Ni-Cu-PGE's (REE) along th
Slide 16: Key Takeaways
Key Key Takeaways Takeaways Ground Dominant Gascoyne Land Holding in a highly prospective terrane Ti-Tree Shear Belt scale tenement coverage of major regional shear zones Gascoyne Multiple recent Lithium and Rare Earth discoveries Targets Drilled 6 key targets within first 6 months Opportunity Signi
Slide 17: Competent Person
Competent Person The information in this announcement related to Exploration Results is based on and fairly represents information compiled by Mr Andrew Ford. Mr Ford is employed as the General Manager - Exploration and is a member of the Australasian Institute of Mining and Metallurgy. He has suffi
Slide 18: Thank you
Thank you Andrew Reid Managing Director Lithium – Rare Earths - Copper Critical Minerals Ti Tree Shear Project ASX: AUG Gascoyne Region, WA www.augustusminerals.com.au
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