Ausquest Limited · ASX:AQD
Ausquest — Investor Presentation (October 2026)
14 slides from Ausquest's investor presentation, Oct 29, 2026
Slide 1: Forging New Growth in South America's Prosperous Copper Belt
For personal use only Forging New Growth in South America’s Prosperous Copper Belt INVESTOR PRESENTATION AUSQUEST LTD (ASX:AQD) | AUSQUEST.COM.AU October 2026
Slide 2: Investment Highlights
INVESTMENT HIGHLIGHTS A 100%-owned porphyry copper system drilled from surface to 800m depth, 8–10km from the Pacific coast For personal use only 1.5km+ 25,000m 555m 800m 100% STRIKE LENGTH DRILLED TO DATE @ 0.26% Cu (CANDD002) VERTICAL DEPTH OWNED; OPEN AT STRIKE & DEPTH MAJOR COPPER DISCOVERY DEVE
Slide 3: Why Copper, Why Now?
WHY COPPER, WHY NOW? Record prices, a collapsing discovery pipeline and 17-year lead times increase the value of new copper discoveries For personal use only US$14,737/t +17% –40% ~17 years LME cash record, 8 Sep 2026 (LME; US$14,239/t on 11 LME copper price, 12 months to 7 Sep 2026 Decline in avera
Slide 4: Peru - The Next Major Investment Destination
PERU - THE NEXT MAJOR INVESTMENT DESTINATION A new pro-investment government, a US critical-minerals partnership and a US$64bn pipeline are re-rating Peru’s copper regions For personal use only US$33bn+ 240 –40% US$61.8bn mining investment targeted over the 2026– exploration and mining projects to b
Slide 5: Why Cangallo Is Different
WHY CANGALLO IS DIFFERENT A rare combination of location, near-surface copper and processing optionality For personal use only 8–10km 500–1,200m ~200–250m 250–300m DISTANCE TO COAST ELEVATION OXIDE PROFILE, MIXED TO ~300m DRILL SPACING TODAY DISCOVERY LOCATION DEVELOPMENT PROFILE PROCESSING OPTIONAL
Slide 6: Location Is a Capex & Opex Advantage
LOCATION IS A CAPEX & OPEX ADVANTAGE Coastal, low-altitude projects are believed to carry among the lowest capital intensities in the Andes For personal use only 8–10km From Coast 500–1,200m Elevation TYPICAL ANDEAN COPPER CANGALLO PROJECT ADVANTAGES Grid Power No Competing Corridor Nearby Land Use
Slide 7: Large Porphyry Copper System That Continues to Grow
LARGE PORPHYRY COPPER SYSTEM THAT CONTINUES TO GROW Copper is continuous over 1.5km+ of strike and to depths of more than 800 metres, and remains open along strike and at depth For personal use only DISCOVERY GROWTH POTENTIAL N • Copper is continuous within a north–south corridor extending over 1.5k
Slide 8: Discovery Scale & Growth Potential
DISCOVERY SCALE & GROWTH POTENTIAL A large discovery footprint is already defined, yet the system remains open and diamond drilling has extended it to 800m For personal use only DISCOVERY FOOTPRINT CONTINUES TO EXPAND • Copper mineralisation remains open along strike and at depth • Broad zones of +0
Slide 9: Higher Grade Zones Emerging
HIGHER GRADE ZONES EMERGING Multiple higher-grade copper zones, near surface and at depth, indicate a fertile porphyry system For personal use only SELECTED HIGH-GRADE INTERCEPTS WHY IT MATTERS CANRC048 12m @ 1.10% Cu, 0.01 g/t Au (112-124m) CANDD002 356m CANRC008 10m @ 0.72% Cu, 0.03 g/t Au (36- 46
Slide 10: New Targets Highlighted by Geophysical Survey
NEW TARGETS HIGHLIGHTED BY GEOPHYSICAL SURVEY New targets identified - large areas of Cu mineralised footprint still to be tested by drilling – Stage 4 drilling permits received For personal use only DISCOVERY GROWTH POTENTIAL • 2.5km x 1.0km porphyry system outlined • Large portions of the minerali
Slide 11: Looking Ahead
LOOKING AHEAD Drilling, assays, metallurgy and permitting are scheduled to deliver a steady flow of results. For personal use only Work Program Oct Nov Dec Jan Current Work Program ✓ Stage 3 diamond drilling testing depth extent & Cangallo Porphyry Cu-Au grade of Cu sulphides in areas highlighted by
Slide 12: Cangallo Investment Summary
CANGALLO INVESTMENT SUMMARY Scale, near-surface copper, a coastal setting and a catalyst-rich programme For personal use only A Provincially significant copper discovery in Peru’s coastal copper belt Scale Growth Potential Grade Large porphyry system: 1.5km+ strike, 250–500m wide, Open along strike
Slide 13: Corporate & Management Overview
CORPORATE & MANAGEMENT OVERVIEW An experienced board, a tight register and a ~A$74 million market capitalisation against a 100%-owned copper discovery For personal use only CAPITAL STRUCTURE KEY STAFF ASX Code AQD Greg Hancock Graeme Drew Non-Executive Chairman Managing Director Shares on Issue 1,64
Slide 14: Disclaimers
DISCLAIMERS For personal use only Important Notice This presentation has been prepared by AusQuest Limited (ACN 091 258 023) (“AusQuest” or the “Company”). It is a summary only and does not purport to be complete. It is not a prospectus, product disclosure statement or other offering document under