ALPHA HPA LIMITED — AGM Information 2012

Nov 20, 2012

ABN 79 106 879 690

21 November 2012

The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (21 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 which is convened to be held at 11.00 am.

Yours faithfully

Richard Edwards Company Secretary pjn6935

Level 2, 66 Hunter Street Sydney NSW 2000 Phone: +61 2 9300 3310 Facsimile: +61 2 9221 6333 Web: www.augur.com.au

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AUGUR RESOURCES LTD
ABN 79 106 879 690
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Annual General Meeting 21 November 2012

Disclaimer

This presentation contains certain forecasts and forwardlooking information, including regarding possible or assumed future performance, costs, production levels or rates, prices, resources, or potential growth of Augur Resources Ltd (Augur), industry growth, or other trend projections. Such forecasts and information are not a guarantee of future performance and involve unknown risks and uncertainties, as well as other factors, many of which are beyond the control of Augur. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

No representation or warranty, expressed or implied, is made or given by or on behalf of Augur, any of Augur’s directors, or any other person as to the accuracy or completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any of them for such information or opinions or for any errors, omissions, misstatements, negligent or otherwise, or for any communication written or otherwise, contained or referred to in this presentation.

Cautionary Note to U.S. Investors

This presentation may use the term "measured", "indicated" and "inferred" resources. We advise U.S. investors that the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. In addition, "inferred" resources have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of inferred mineral resources will ever be upgraded to a higher category. U.S. investors are cautioned not to assume that any part or all of an inferred mineral resource exists or is economically or legally mineable.

Accordingly, neither Augur nor any of the Augur directors, officers, employees, advisers, associated persons or subsidiary undertakings shall be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of relying upon the statement or as a result of any admission in, or any document supplied with, this presentation or by any future communications in connection with such documents and any such liabilities are expressly disclaimed.

Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities.

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A value investment

1.54M oz Gold Equivalent Resource

• Discovery Cost: $3.05 per ounce

• 1.01M oz gold

• Discovery Time: 15 months

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• •
200M pounds of copper Resource from surface
EV per oz Gold Eq
EV per Gold Eq oz
Average: A$62.00 Augur: A$5.30
AUD$/oz
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Peer group comparison

				Market
			Gold oz	Capital		12 Month	Listing
Company	Major Projects	Resource	(M)	AUD$M	Price	Price Range	Exchange
G Resources	Martabe	181.2Mt @ 1.34g/t Au &	7.86	824.5	0.35	0.29-0.72	Hong Kong
		12.5 g/t Ag
Archipelago	Toka Tindung (95%)	52.6Mt @ 1.53g/t Au &	4.05	524.5	0.59	0.49-0.74	AIM
		3.7g/t Ag
Kingsrose	Way Linggo (85%)	2.2Mt @ 6.91g/t Au &	0.485	247.3	0.86	0.82-1.56	ASX
		45.28g/t Ag
Intrepid	Tujuh Bukit (80%)	1700Mt @ 0.41% Cu	25.14	166.1	0.30	0.19-1.58	ASX
		and 0.46 g/t Au
Sihayo Gold	Sihayo (75%)	17.0Mt @ 2.7g/t Au	1.494	87.9	0.11	0.10-0.21	ASX
Robust	Romang (77.5%)	33.5Mt @ 0.5 g/t Au and	0.59	48.4	0.55	0.55-1.50	ASX
		18.7 g/t Ag
Southern Arc	W Lombok (90%)	No resource		32.7	0.31	0.20-0.99	TSX
East Asia	Miwah (85%)	103.9Mt @ 0.94g/t Au &	3.14	19.8	0.18	0.14-1.01	TSX
Minerals		2.7 g/t Ag
Reliance	Tanoyan (75%)	4.58Mt @ 1.41g/tAu	0.208	10.0	0.09	0.07-0.35	TSX
Augur	Wonogiri (80%)	90.9 Mt @ 0.35 g/t gold	1.01	7.2	0.035	0.03-0.19	ASX
Resources		and 0.10% Cu

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Wonogiri location

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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
Donok 1.0 Moz Au, 12.8 Moz Ag Awak Mas 1.92 Moz Au Grasberg 38.5 Moz Au, 35.6 Blb Cu
1.34 Moz Au, 7.4 Moz Ag
Way Linggo 0.49 Moz Au
Pongkor
3.6 Moz Au, 26.3 Moz Ag Tujuh Bukit
25.1 Moz Au, 15.4 Blb Cu
Elang 25.0 Moz Au, 16.0 Blb Cu
Batu Hijau
17.2 Moz Au, 14.1 Blb Cu
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Image Courtesy: NASA

Located in one of the world’s great mineralised regions.

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2011-2012: What we achieved

• December 2011 Earn-in to 51% of the Wonogiri project achieved.

• March 2012

First phase metallurgical testing completed.

� Recoveries of up to 89% of gold and 96.1% of copper.

• July 2012 Maiden JORC Resource completed.

• 1.54M Oz Gold Equivalent Resource from surface.

• August 2012

Earn-in to 80% direct ownership of the Wonogiri project.

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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: <10% of area effectively explored.

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What we found

• 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.

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Cross section of deposit

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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) from 44.5m.

• WDD015: 182.0m @ 1.06 g/t AuEq (0.75 g/t Au, 0.17% Cu) from 68.0m.

• WDD030: 118.0m @ 0.98 g/t AuEq (0.75 g/t Au, 0.13% Cu) from 245.0m.

Wide, continuous zones of gold and copper mineralisation from surface which broaden at depth.

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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 commenced to increase concentrate to >20% copper. Early optimisation results have returned 21.2% copper and 90.6 g/t gold concentrate.

• Majority of mineralisation floating off within 5 minutes (very quick).

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• Clean concentrate: Very little arsenic, lead or zinc in concentrate.

• Testing of oxide resource commenced.

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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 drive from site) and about 11 daily flights to Jakarta and flights to Singapore.

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Progressing to development
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3,900 Ha of gold and copper potential

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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 southern portion of IUP underexplored.

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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 200m gold-silver anomaly
(7 out of 17 rock chips >1.0 g/t Au
13 out of 17 rock chips >1.0 g/t Ag))
Jangglengan
5 Holes drilled. 4 in anomalous gold
Incl: 15m @ 0.60 g/t Au, 3.2 g/t Ag
and 6m @ 1.02 g/t Au
and 3m @ 1.31 g/t Au, 24.3 g/t Ag
Geblak
2 holes drilled
Large breccia system identified
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250 x 200m gold-silver anomaly
(7 out of 17 rock chips >1.0 g/t Au
13 out of 17 rock chips >1.0 g/t Ag))
Jangglengan
5 Holes drilled. 4 in anomalous gold
Incl: 15m @ 0.60 g/t Au, 3.2 g/t Ag
and 6m @ 1.02 g/t Au
and 3m @ 1.31 g/t Au, 24.3 g/t Ag
Geblak
2 holes drilled
Large breccia system identified
Location Background is topography
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Large mineralised system yet to be fully tested. Randu Kuning is just one of a number of prospects in the northern Wonogiri region. Mineralised zone covers over 1.7 kilometres of strike.

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Advancing regional targets

� 2012: Continuation of target definition.

• 2012 - 2013: Continuation of exploration drilling.

• 2013: Preliminary metallurgical testing if warranted.

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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$5.30/oz AuEq compared to peers A$62.00/oz AuEq.

• 80% direct ownership of Wonogiri.

• No forestry access restrictions over the deposit.

• Excellent metallurgical results: Up to 89.0% recovery of gold and 96.1% of copper.

• Plenty of upside potential in resource with 5 significant near surface targets.

� Experienced Board and management team.

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Corporate overview

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Directors Capital
Chairman Norman Seckold 205.3 million shares on issue
Managing Director Grant Kensington 3 million employee options
Director Peter Nightingale 7 million unlisted options
Director Justin Werner
Market cap: A$7.2 million
Share Price –52 Weeks Major Shareholders
$0.20
Management 34.60%
$0.15 Oon Peng Lim 5.44%
HSBC Nominees 4.33%
$0.10
Company Fifty Pty Ltd 3.11%
$0.05 Ichiya Co Ltd 2.41%
$0.00
Nov/2011 Feb/2012 May/2012 Aug/2012
Top 10 52.98%
Top 20 63.93%
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Thank you

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Augur Resources Ltd

Level 2, 66 Hunter St,

Sydney, NSW 2000, AUSTRALIA

Phone: +61 2 9300 3310 www.augur.com.au ASX code: AUK

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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. Grant Kensington is a full-time employee of the Company who has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Grant Kensington has consented to the inclusion in this report of the matters based on his information in the form and context in which they appear.

Mineralisation cut-off used is 0.2 g/t gold and/or 0.2% copper with a maximum contiguous dilution interval of 4.0 metres. Sample intervals are generally either 0.5 metres or 1.0 metre. Assaying has been completed by PT Intertek Utama Services, a subsidiary of Intertek Group Inc. Blanks and/or independent standards are used in each sample batch at approximately 10.0 metre intervals. Mineralised intervals are reported as drilled depths. Insufficient data is currently available to determine the true width of drill intercepts.

Gold Equivalent results are calculated using a gold price of $1198/oz and a copper price of $6945/t. Silver is excluded from the gold equivalent calculation as no metallurgical testing of the recovery properties of silver from this project has occurred. In calculating the Gold Equivalents for the drilling results in the table above gold and copper recoveries are assumed to be 100%. As previously reported metallurgical testing has resulted in mean recoveries from sulphide material of over 82.5% for gold (Au) and 94% for copper (Cu). It is the Company’s opinion that all metals used in the equivalent calculation have a reasonable potential to be recovered in the event that material from the Wonogiri project was to under go processing.

1 The gold equivalent calculation used is:

AuEq (g/t) = Au (g/t) + ((Cu(%)*6945)/38.51) (ie 1.0% Cu = 1.80 g/t Au)

Further drill hole details can be found on the Augur website at www.augur.com.au

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	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)	JORC Resource Summary JORC Category Tonnes (M) Gold Equivalent Gold (g/t) Copper (%) Gold Equivalent Gold (oz) Cut-off (g/t AuEq)
	JORC Category	Tonnes (M)	Gold Equivalent	Gold (g/t)	Copper (%)	Gold Equivalent	Gold (oz)	Cut-off (g/t AuEq)
			(g/t)			(oz)
	Indicated 3.5 0.81 0.59 0.12 92,000 67,000 0.5 5.3 0.66 0.45 0.11 113,000 78,000 0.2 Inferred 0.3 1.38 1.20 0.10 14,000 12,000 1.0 9.2 0.66 0.45 0.11 196,000 135,000 0.5
	57.1 0.36 0.23 0.07 660,000 423,000 0.2 Total 9.3 1.44 1.07 0.21 430,000 319,000 1.0 33.2 0.90 0.63 0.15 962,000 675,000 0.5 90.9 0.53 0.35 0.10 1,538,000 1,014,000 0.2 ASX:AUK www.augur.com.au 20