Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Augur Resources — Shareholder Meeting (November 2013)
20 slides from Alpha Hpa's shareholder meeting presentation, Nov 29, 2013
Slide 1: ASX cover letter: Presentation to Annual General Meeting
ABN 79 106 879 690 29 November 2013 The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (20 pages by email) Dear Madam, PRESENTATION TO ANNUAL GENERAL MEETING I attach a PowerPoint presentation which is to be delivered to the shareholders present at today’s Annual General Meeting whic
Slide 2: Annual General Meeting
AUGUR RESOURCES LTD ABN 79 106 879 690 Annual General Meeting 29 November 2013
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: Rajawali Group Investment
Rajawali Group Investment • Proposed $6.75M placement in two tranches. • Initial tranche of $3.0M for a 22.6% interest in Augur. • Second tranche option to reach a 35.0% interest subject to a number of conditions including the completion of the scoping study. • Direct investment into the project on
Slide 5: A value investment
A value investment 1.54M oz Gold Equivalent Resource• Discovery Cost: $3.05 per ounce • 1.01M oz gold • Discovery Time: 15 months • 200M pounds of copper • Resource from surface EV per oz Gold Eq EV per Gold Eq oz AUD$/oz Average: A$34.00 Augur: A$8.10 ASX:AUK www.augur.com.au 4
Slide 6: Peer group comparison
Peer group comparison Market Gold oz Capital 12 Month Listing Company Major Projects Resource (M) AUD$M Price Price Range Exchange G Resources Martabe 207.6Mt @ 1.2g/t Au & 8.2 864.5 0.22 0.22-0.46 Hong Kong 11 g/t Ag Archipelago Toka Tindung (95%) 70.3Mt @ 1.33g/t Au & 3.00 595.5 0.59 0.49-0.74 AIM
Slide 7: Wonogiri location
Wonogiri location Miwah 3.14 Moz Au, 8.9 Moz Ag Martabe Gosowong 2.8 Moz Au 6.49 Moz Au, 66.2 Moz Ag Kelian 3.56 Moz Au, 1.44 Moz Ag Toka Tindung 1.75 Moz Au Sihayo 1.4 Moz Au Mt Muro Mesel 1.83 Moz Au Tandai 1.25 Moz Au, 34.6 Moz Ag 1.4 Moz Au, 15.0 Moz Ag Tembang 1.0 Moz Au, 12.8 Moz Ag Donok Awak
Slide 8: What we have
What we have Large gold-copper resource to JORC standards. Direct ownership and control of licence. No social issues experienced. No forestry access restrictions over deposit. Positive recoveries and concentrate results. Focus on maximising value to shareholders. Potential for further mineralisation
Slide 9: What we found
What we found Mineralisation to surface Randu Kuning Deposit Higher Grade Gold Zone >1.0 g /t (Red) • 90.9 Mt @ 0.53 g/t AuEq. • Measured and Indicated 33.7 Mt @ 0.81 g/t AuEq. • Mineralisation to surface. • Potential bulk mining, open pit extraction. • Open at depth. • Open to the south and west. A
Slide 10: Cross section of deposit
Cross section of deposit Selected Drill Results DHH1: 100.0m @ 1.37 g/t AuEq (0.96 g/t Au, 0.23% Cu) from 66.0m. WDD001: 68.6m @ 1.70 g/t AuEq (1.16 g/t Au, 0.30% Cu) from 8.2m. WDD005: 129.0m @ 1.15 g/t AuEq (0.81 g/t Au, 0.19% Cu) from surface. WDD010: 123.5m @ 1.82 g/t AuEq (1.42 g/t Au, 0.22% Cu
Slide 11: Excellent recoveries
Excellent recoveries Excellent recoveries in sulphide zone: Up to 89.0% recovery of gold and 96.1% of copper. Possibility to increase gold recovery using additional gravity recovery. Initial concentrate best result returned 19.4% copper and 64.0 g/t gold with 77.0 g/t silver credit. Optimising work
Slide 12: Quality infrastructure
Quality infrastructure 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. Potential work force in local region. International airport at Solo (45 minutes driv
Slide 13: 3,900 Ha of gold and copper potential
3,900 Ha of gold and copper potential Multiple Targets Porphyry gold-copper mineralisation from surface at Randu Kuning. Extensive low sulphidation epithermal veins over >2.5 km in cumulative strike length surrounding Randu Kuning. Extensive geochemical anomalies in the northern half of the IUP with
Slide 14: Quality regional prospects
Quality regional prospects Bukit Piti 1 hole drilled: Extensive alteration system 0.5m @ 7.93 g/t Au 1m @ 4.99 g/t Au 1m @ 4.16 g/t Au Randu Kuning 1.54M oz AuEq deposit Gawe +500m strike of anomalous gold in rock chips Up to 16.50 g/t Au and 58.5 g/t Ag 3 holes drilled testing southern extent 250 x
Slide 15: Advancing regional targets in 2014
Advancing regional targets in 2014 Continuation of target definition. Exploration drilling to test primary targets. Preliminary metallurgical testing of new deposits if warranted. ASX:AUK www.augur.com.au 14
Slide 16: A value proposition
A value proposition 1 1.54 Moz gold equivalent JORC mineral resource estimated for Randu Kuning deposit: 1.01M ounces of gold; and 200M pounds of copper. >50 % of gold resource in JORC Measured category. Undervalued Enterprise Value: Augur A$8.10/oz AuEq compared to peers A$34.00/oz AuEq. 80% direct
Slide 17: Corporate overview
Corporate overview Directors Capital Chairman Norman Seckold 205.3 million shares on issue Managing Director Grant Kensington 4 million unlisted options Director Peter Nightingale Director Justin Werner Market cap: A$10.3 million Share Price and Volume –52 Weeks Major Shareholders Management 34.60%
Slide 18: Thank you
Thank you Augur Resources Ltd Level 2, 66 Hunter St, Sydney, NSW 2000, AUSTRALIA Phone: +61 2 9300 3310 www.augur.com.au ASX code: AUK ASX:AUK www.augur.com.au 17
Slide 19: Statement of compliance
Statement of compliance The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Augur staff and contractors and approved by Mr Grant Kensington, geoscientist, who is a Member of the Australasian Institute of Mining and Metallurgy.
Slide 20: JORC Resource Summary
JORC Resource Summary JORC Tonnes Gold Gold Copper Gold Gold Cut-off Category (M) Equivalent (g/t) (%) Equivalent (oz) (g/t AuEq) (g/t) (oz) 8.3 1.45 1.07 0.21 389,000 287,000 1.0 Measured 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 0.6 1.33 1.02 0.17 27,000 21,00
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