Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Augur Resources — 121 Mining Investment (October 2014)
32 slides from Alpha Hpa's conference presentation, Oct 16, 2014
Slide 1: ASX cover letter: Presentation to Investors
ABN 79 106 879 690 16 October 2014 The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (32 pages by email) Dear Madam, PRESENTATION TO INVESTORS I attach a PowerPoint presentation as presented by Augur Resources Ltd’s Managing Director, Justin Werner, at 121 Mining Investment today, a
Slide 2: Augur Resources Ltd - Emerging Gold, Copper and Nickel Producer
AUGUR RESOURCES LTD ABN 79 106 879 690 Emerging Gold, Copper and Nickel Producer
Slide 3: Disclaimer
Disclaimer This presentation contains certain forecasts and forward- Cautionary Note to U.S. Investors looking information, including regarding possible or assumed This presentation may use the term "measured", "indicated" future performance, costs, production levels or rates, prices, and "inferred"
Slide 4: Investment highlights
Investment highlights ASX listed Indonesian focused explorer with highly prospective Indonesian gold-copper portfolio covering 25,837 hectares over 5 IUPs and an Australian nickel laterite project 1.54 Moz gold equivalent JORC mineral resource estimated for Randu Kuning deposit: 1.01M ounces of gold
Slide 5: Indonesian project locations
Indonesian project locations www.augur.com.au 4
Slide 6: Wonogiri project
Wonogiri project Randu Kuning Deposit Highlights Excellent Metallurgical Recoveries • Shallow gold rich porphyry deposit with a JORC • Metallurgical recoveries of up to 89.0% for gold compliant resource estimate of 1.54 million ounce and 94.3% for copper from the gold equivalent1 covering the Randu
Slide 7: Wonogiri project location
Wonogiri project location www.augur.com.au 6
Slide 8: Wonogiri drilling summary
Wonogiri drilling summary • Drilling Locations: Randu Kuning, Jangglengan, Gawe, Bukit Piti, Geblak • Drilling focused on coincidental magnetic and anomalous Au/Cu from trenching Drill Data Total Number of Drill Holes 52 Depth Range 150 – 550m Total Metres Drilled 15,371 Azimuth 90 – 270 Dip Inclina
Slide 9: Randu Kuning cross section
Randu Kuning cross section WDD 2, 4, 6, 8, 16 & 18 • Confirmed porphyry-type deposit with gold+copper sulphide mineralisation extending from surface. Host rocks are microdiorite and intrusion breccia. • Both lower-grade (<1.0 g/t gold) disseminated and higher grade (>1.0 g/t gold) structurally-contr
Slide 10: Significant intercepts
Significant intercepts Hole From Interval (m) Gold g/t Copper % DHH1 66.0 100 0.96 0.23 WDD001 8.2 73.3 1.14 0.26 WDD004 5.5 56.5 0.88 0.35 WDD005 0.0 129.5 0.82 0.22 WDD006 0.0 140.5 0.78 0.18 WDD008 40.0 222.0 0.95 0.20 WDD009 100.5 107.0 0.73 0.19 WDD010 44.5 135.5 1.28 0.20 WDD015 68.0 182.0 0.7
Slide 11: Metallurgy
Metallurgy • First pass floatation tests under taken by AMMTEC in Perth on 3 separate sulphide samples (3 different holes) returning excellent recoveries. • Gold recovery averaged 82.7% (range 78.6% to 88.7%) while copper recovery averaged 94.1% (range 92.1% to 96.1%). • Possibility to increase gold
Slide 12: Resource model
Resource model Randu Kuning Deposit • 90.9 Mt @ 0.53 g/t Au Eq1 1 (See JORC summary on slide 30) • Measured and Indicated 33.7 Mt @ 0.81 g/t Au Eq. Higher Grade Gold Zone >1.0 g/t (Red) • High grade deposit close to surface. • Open pit mining. • Deep high grade zone open laterally and to depth. Rand
Slide 13: Regional exploration targets
Regional exploration targets Discovery potential for high grade mineralisation within epithermal vein targets, adjacent to Randu Kuning. 3,000 metre drill program commenced May 2014. www.augur.com.au 12
Slide 14: Jangglengan prospect
Jangglengan prospect • Located about 1.0 kilometre south of Randu Kuning. • Recently drilled scout hole WDD056 returned 3 shallow high grade zones: • 7.0 metres at 0.82 g/t gold and 3.5 g/t silver from 56.0 metres including 2.0 metres of 2.08 g/t gold and 10.2 g/t silver from 56.0 metres; • 3.0 metr
Slide 15: Kepil prospect
Kepil prospect • Located about 500 metres south west of Randu Kuning. • Recently drilled scout hole WDD058 intersected significant copper mineralisation including 36.0 metres at 0.28% copper from 25.0 metres. • WDD059 intersected a shallow 6.0 metre wide zone of 0.83 g/t gold from 36.0 metres, sever
Slide 16: Positive scoping study results
Positive scoping study results • Life of project positive net cash flow of US$143M undiscounted, or US$102M when a 5% discount factor is applied (excluding contingency). • Open cut mine delivering approximately 9 years of production at 1.74 to 2.0 Mtpa at 0.61 g/t Au and 0.16% Cu. Low strip ratio of
Slide 17: Scoping study cautionary statements
Scoping study cautionary statements The Company cautions that production and cash flow estimates presented in the scoping study are indicative only. The following should be considered: • Although the Randu Kuning Measured and Indicated resource categories exceed the scoping study production target,
Slide 18: Pit shells
Pit shells Optimised pit cross section showing net metal values and pit outline. www.augur.com.au 17
Slide 19: Infrastructure
Infrastructure Infrastructure in close proximity • Excellent infrastructure at site. • Sealed road to edge of deposit. • Man made water source directly east of the licence area and other water sources within licence area. • Grid power in local area, but capacity yet to be determined. • Potential wor
Slide 20: CSR
CSR Augur’s CSR is aimed at Sustainable Development and Strengthening of: Health and health related issues Education development Local business and community development The environment Health • Medical check ups for illegal miners. • Assistance to combat infant malnutrition. • Collaboration with Po
Slide 21: CSR
CSR Business Development • Women entrepreneurship program, teaching local women to capture business opportunities in agriculture, fishery and animal husbandry. • Office equipment for two villages. Community Participation and Development • Provided sponsorship for Traditional Fun Biking campaign. • P
Slide 22: Wonogiri development schedule
Wonogiri development schedule Year 2014 2015 2016 Month Mar Jun Sep Dec Mar Jun Sep Dec Mar Scoping Study Metallurgy (gravity & oxide) Geotech Drilling Environmental Studies Pre-Feasibility Study Permitting (IUP Operation) Infill Drilling Bankable Feasibility Construction www.augur.com.au 21
Slide 23: Gorontalo projects
Gorontalo projects Toluludu: 5,029ha • Copper Gold Porphyry, Epithermal Gold and Silver, Skarn Gold and Copper targets. Toluludu Biyonga • Large 1400m x 860m , highly altered potassic zone yet to be drill tested. • Main prospect, Molalahu, located in Limited Production forest. • Multi anomalous rock
Slide 24: Collerina project location
Collerina project location www.augur.com.au 23
Slide 25: Collerina project
Collerina project Homeville Deposit • 16.3 million tonnes at 0.93% nickel and 0.05% cobalt (cut off 0.7% nickel). • Total resource estimated to contain 151,000 tonnes of nickel and 8,100 tonnes of cobalt (see JORC summary on slide 31). • Mineralisation is at surface in some areas and has an average
Slide 26: Collerina Project - Homeville long section
Collerina Project Homeville Deposit Long Section Long section of the Homeville nickel-cobalt deposit showing location of mineralisation to surface and drill holes. www.augur.com.au 25
Slide 27: A value proposition
A value proposition Advanced Projects. Wonogiri gold project with positive scoping study demonstrating potential for profitable open pit mine. Randu Kuning porphyry remains open at depth and in all lateral directions. Significant epithermal potential with 2 recently identified near surface targets.
Slide 28: Corporate (as at 9 October 2014)
Corporate (as at 9 October 2014) Directors Capital Chairman Norman Seckold Managing Director Justin Werner 315.8 million shares on issue Director Peter Nightingale 1 million employee options Non-Exec Director Grant Kensington Market cap: AUD$7.3 million Share Price – 52 Weeks Major Shareholders PT A
Slide 29: Thankyou
Thankyou Augur Resources Ltd Level 2, 66 Hunter St, Sydney, NSW 2000, AUSTRALIA Phone: +61 2 9300 3310 ASX code: AUK www.augur.com.au 28
Slide 30: Statement of compliance
Statement of compliance The information in this report that relates to Mineral Exploration is based on information compiled by Augur staff and contractors and approved by Mr Michael Corey, PGeo., who is a Member of the Association of Professional Geoscientists of Ontario (APGO) in Canada. Michael Co
Slide 31: JORC Summary – Randu Kuning
JORC Summary – Randu Kuning JORC Tonnes Au Eq Au Cu % Oz AuEq Oz Au Cut off Category (M) g/t g/t Au Eq Measured 8.3 1.45 1.07 0.21 389,000 287,000 1.0 20.4 1.03 0.72 0.17 673,000 473,000 0.5 28.3 0.84 0.56 0.15 765,000 513,000 0.2 Indicated 0.6 1.33 1.02 0.17 27,000 21,000 1.0 3.5 0.81 0.59 0.12 92,
Slide 32: JORC Summary – Homeville
JORC Summary – Homeville JORC Cutoff Tonnes Ni % Co % Fe % Mg % Category Grade Ni% Millions Indicated 0.5 6.4 0.87 0.06 21 9.6 0.7 4.4 0.99 0.06 20 8.8 1.0 1.8 1.21 0.05 19 7.9 Inferred 0.5 20.7 0.78 0.05 18 9.9 0.7 11.9 0.91 0.05 18 9.4 1.0 3.1 1.16 0.05 17 8.8 TOTAL 0.5 27.2 0.80 0.05 19 9.8 0.7 1
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