Ausquest Limited · ASX:AQD
Ausquest — Investor Presentation (September 2019)
17 slides from Ausquest's investor presentation, Sep 30, 2019
Slide 1: AusQuest Limited
A USQ UEST L I M I T E D ( A S X : A Q D ) For personal use only IOCG Discovery in southern Peru under SAA 2nd Stage Drilling in Fraser Range under SAA 2nd Stage Drilling at Cerro de Fierro under SAA $8.2 MILLION MARKET CAPITALISATION Peru
Slide 2: Disclaimers
DISCLAIMERS For personal use only Forward-Looking Statements This presentation contains forward looking statements concerning the projects owned by AusQuest Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates
Slide 3: Company Background
C O M PA N Y B A C K G R O U N D For personal use only • Focused on large scale provincial opportunities • Major base metals targeted - Cu Zn/Pb Ni • Strategic Alliance with South32 – funds exploration • SAA provides cash flow into Projects and Company • Dilution at Project level rather than Shareho
Slide 4: Capital Structure
C A P I TA L S T R U C T U R E AusQuest Limited Significant Shareholder For personal use only Chris Ellis (NED) 22.72% ASX Code AQD Directors (Incl C.E.) 26.00% Shares on Issue 549.3 million Asuper Pty Ltd 2.59% Altor Capital Management 2.00% Options on Issue Nil Top 20 (approx) 46.92% Market Cap. (
Slide 5: Peru – Excellent Cu-Au Pedigree
PERU – EXCELLENT CU-AU PEDIGREE For personal use only • Giant Cu (Au) deposits • Major Cu producer (No 2) • >U$4.0B Cu – in south Peru • Mine Expansions • Covered areas • Secure Mining Title 5
Slide 6: Peru Projects – Copper Country
PERU PROJECTS – COPPER COUNTRY For personal use only 66 6
Slide 7: Cerro de Fierro – New IOCG Discovery
CERRO DE FIERRO –NEW IOCG DISCOVERY For personal use only • Close to Marcona (Fe), Mina Justa, Pampa Pongo (Fe-Cu-Au) & Los Chapitos (Cu) • Initial drilling intersected economic grades and confirms mineralised IOCG system • 2nd Diamond drilling program (4 holes / ~2400m) to commence late November 20
Slide 8: Cerro de Fierro – Cu (Au) Targets
C E R R O D E F I E R R O – C U ( A U ) TA R G E T S For personal use only • Large copper (gold) system inferred (>10km²) – Numerous priority Cu targets outlined 8
Slide 9: Cerro de Fierro – Drill Operations
C E R R O D E F I E R R O – D R I L L O P E R AT I O N S Drill Camp Diamond Drill Rig For personal use only Drill Pad & access 9
Slide 10: Parcoy – New Copper Target(s)
P A R C O Y – N E W C O P P E R TA R G E T ( S ) For personal use only • Strong Cu soil anomaly over large area (>4km²) coincident with IP (weak) response 10
Slide 11: Project Locations West Australia
P R O J E C T L O C AT I O N S WEST AUSTRALIA For personal use only • Aircore drilling at Balladonia outlines base metal target ~500m x 200m in size • RC Drilling to commence in early November 2019 • Soil sampling to define zinc targets completed at Tangadee - assays pending • New Cu-Au opportunitie
Slide 12: Balladonia – Telegraph Prospect
BALLADONIA – TELEGRAPH PROSPECT Nova-Bollinger For personal use only ~20km north • Aircore drilling identifies base metal target (500m x 200m) beneath EM anomaly 12
Slide 13: Balladonia – Telegraph Prospect
BALLADONIA – TELEGRAPH PROSPECT For personal use only • RC drilling to test beneath anomalous Cu-Pb-Zn-Ag within highly altered bedrock 13
Slide 14: Project Location - Hamilton (QLD)
P R O J E C T L O C AT I O N - H A M I LTO N ( Q L D ) Drill Operation For personal use only Extensive cover sequence hides prospective host rocks Camp 14
Slide 15: Hamilton (QLD) – Copper Gold Target
H A M I LTO N ( Q L D ) – C O P P E R G O L D TA R G E T Cannington Mine For personal use only ~100km north Fe + K Alteration Cu + Argillic Alteration ? Py in metasediments ? • Anomalous Cu & AA alteration in HMD03 provides further evidence for possible IOCG nearby 15
Slide 16: Work Programme – Next Months
WORK PROGRAMME – NEXT 6 MONTHS Projects Sept Oct Nov Dec Jan Feb Mar For personal use only Cerro de Fierro (S32) Permit & Access Drill Permitting Drilling Cu-Au – Peru (40 pads) Parcoy (S32) Map & Sample Assess results Drill Permitting ? Cu-Au - Peru ID targets (20 pads) New Opportunities N
Slide 17: Contact
C O N TA C T For personal use only A USQ UEST L I M I T E D Graeme Drew Managing Director 8 Kearns Cres, Ardross, WA, 6153 Tel: +61 (8) 9364 3866 Em ail: graeme@ausquest.com.au www.ausquest.com.au 17