Ausquest Limited · ASX:AQD
Ausquest — Shareholder Meeting (November 2008)
20 slides from Ausquest's shareholder meeting presentation, Nov 18, 2008
Slide 1: AusQuest Annual General Meeting
For personal use only AusQuest Annual General Meeting November 2008 Managing Director Presentation
Slide 2: What Strategic Alliance means for AQD
What Strategic Alliance means for AQD For personal use only • A well cashed-up junior (~$30M) • Minimal capital dilution for shareholders (40c shares) • Aggressive exploration in 2009 at our large scale – high potential projects • Actively looking for new opportunities • Support & back-up from major
Slide 3: AusQuest Projects
AusQuest Projects For personal use only Skillion SkillionHill HillMn Mn Rocklea RockleaFe Fe Table TableHill HillMn, Mn,NiNi Tom TomPrice PriceSouth SouthFe Diamantina Fe DiamantinaCu-Au Cu-Au
Slide 4: Table Hill - Manganese
Table Hill - Manganese For personal use only • Drilling in 2008 limited to one target (11 holes in 2008) • High Mn grades confirmed at the MN1 prospect • Controls on manganese better understood – (structure, stratigraphy, clay alteration) • Numerous regional targets to test – (Mn Province?) • Cleara
Slide 5: Table Hill – MN1 prospect
Table Hill – MN1 prospect For personal use only Manganese mineralisation • Strike up to 2 km • Width up to 300 m • Depth ~300m
Slide 6: Table Hill – Manganese (+Ni) Targets
Table Hill – Manganese (+Ni) Targets For personal use only
Slide 7: Skillion Hill - Manganese
Skillion Hill - Manganese For personal use only • Drill ready target areas • High surface manganese grades (up to 55%Mn) • Stratigraphic and structural controls on Mn • Tenement grant expected late 2008/early 2009 • VTEM survey (2008), sampling & drilling (2009)
Slide 8: Skillion Hill - Manganese Prospects
Skillion Hill - Manganese Prospects For personal use only
Slide 9: Diamantina Copper - Gold
Diamantina Copper - Gold For personal use only • First holes drilled into two +20km² magnetic/gravity targets – early days • Extensive Iron Oxide intrusive systems intersected at depth (+900m) • Highly unusual rocks – metal source for IOCGs? • Up to 8 targets defined by magnetic/gravity surveys • De
Slide 10: Diamantina Cu-Au Prospects
Diamantina Cu-Au Prospects For personal use only Machattie Mulligan Machattie Drill- Drill-hole Major Structure Targets
Slide 11: Diamantina Drill-core
Diamantina Drill-core For personal use only Magnetite Machattie Core Pyroxene Strong carbonate veining
Slide 12: Diamantina Drill Core
Diamantina Drill Core For personal use only Mulligan Core Mt – Px Amphibole rock Sulphide Granite Dyke
Slide 13: Diamantina IOCG schematic model ?
Diamantina IOCG schematic model ? For personal use only Diamantina Machattie ? Mt-Px rock An intrusion-related origin for Cu-Au in Diamantina IOCG provinces Mulligan ? Schematic model after P J Magma Mixing Pollard, James Cook University
Slide 14: Iron Ore Exploration– Pilbara WA
Iron Ore Exploration– Pilbara WA For personal use only Rocklea Channel Iron (40km west Tom Price) • *Inferred Resource 38Mt @ 53.2%Fe (60%Fe Calcined) • *Exploration Target up to 23Mt @ similar grades • Potential for extensions and DSO tonnages • Infill & step-out drilling, scoping study - 2009 Tom
Slide 15: Rocklea CID Resources
Rocklea CID Resources For personal use only * * * Resources as reported to the ASX on August 13, 2008.
Slide 16: Tom Price South CID Prospect
Tom Price South CID Prospect For personal use only
Slide 17: Nameless - Marra Mamba Iron Drilling
Nameless - Marra Mamba Iron Drilling For personal use only
Slide 18: Exploration Program - Key Projects 2009
Exploration Program - Key Projects 2009 For personal use only • Table Hill Manganese (+nickel) • Complete AEM coverage, ground EM & sampling to optimise drill sites - drill 5 to 10 targets in 2009 • Skillion Hill Manganese • AEM coverage over key area, ground EM & sampling to optimise drill sites –
Slide 19: Exploration Program - Key Projects 2009
Exploration Program - Key Projects 2009 For personal use only • Pilbara Iron Ore Prospects • Resource drilling, scoping study at Rocklea CID • Drill test CID potential at Tom Price South • Reconnaissance drilling for CID near Paraburdoo • Drill test Marra Mamba potential at Nameless • Nickel, Gold •
Slide 20: New Opportunities - 2009
New Opportunities - 2009 For personal use only • Bear Market conditions expected to present numerous opportunities for cashed-up companies • Company well placed to actively evaluate new opportunities • Target advanced exploration projects with large size potential • Focus on major commodities (Mn, F